11/2/07

Economics

The perils of operating on a ‘continuing resolution’:

http://www.realclearpolitics.com/articles/2007/11/congress_continuing_resolution.html

Barry Ridholz ahead of the jobs number:

http://bigpicture.typepad.com/comments/2007/11/cyclical-jobs-r.html

Politics

Domestic

International War Against Radical Islam

The Market

Technical

Fundamental

News on Stocks in Our Portfolios

Peabody Energy (Aggressive Growth Portfolio) completed the spin off of Patriot Coal. Shareholders received one share of Patriot for each ten shares of BTU owned. Patriot is trading under symbol PCX.

EPS: 2006 $2.23, 2007 $1.90, 2008 $3.10; DVD: $.24, YLD 0.6%

http://finance.yahoo.com/q?s=BTU

A discouraging look at ExxonMobil (Dividend Growth Portfolio):

http://www.thestreet.com/p/_htmlrmm/rmoney/oil/10387811.html

Bucyrus Int’l (Aggressive Growth Portfolio) reported its third quarter earnings per share of $.77 versus $.53 recorded in the comparable 2006 quarter.

EPS: 2006 $2.39, 2007 $3.30, 2008 $4.55; DVD: $.20, YLD 0.4%

http://finance.yahoo.com/q?s=BUCY

UnitedHealth Group (Aggressive Growth Buy List) is acquiring Fiserv, a leading administrator of health benefits, for $775 million.

EPS: 2006 $2.97, 2007 $3.50, 2008 $4.00; DVD: $.03, YLD 0.1%

http://finance.yahoo.com/q?s=UNH

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