Thursday, February 01, 2007

There's No Business Like Show Business stocks

Yes, there's no business like show business stocks, but are there any that pay dividends? Apparently there are very few dividend paying pure plays and semi-pure plays in the motion picture production and theater industry. Here they are along with their yields:

Regal Entertainment Group (RGC) 5.4% Large theater circuit across the U.S.
Carmike Cinemas Inc. (CKEC) 3.2% Theater owner in 37 states
Time Warner Inc. (TWX) 1% Entertainment conglomerate
Walt Disney Co. (DIS) .9% Entertainment conglomerate

Author owns DIS.

Exxon Mobil Earned $1250 per Second Last Year

Most investors have heard the news by now that Exxon Mobil (XOM) generated the highest net earnings last year for any American company, earning $39.5 billion. Articles on Yahoo Finance reported the earnings per hour of $4.5 million. On the radio, it was reported that they made $75,000 per minute. Stockerblog is reporting that it works out to approximately $1250 per second. ConocoPhillips (COP) only earned a paltry $490 per second last year. Royal Dutch Shell plc (RDS-B) was a measly $167 per second.

The Superbowl Stock Market Indicator

One of the popular stock trends that investors look at each year is the Superbowl Stock Market Indicator, which basically says that if the winning team is from the old National Football League which is now the National Football Conference [NFC], then the stock market will be up for the year. However if the winner is from the old AFL, now the American Football Conference [AFC], the stock market will be down. Snopes.com has a great write-up on this indicator. Aren't the Bears and Colts originally from the NFL? So the market should be up no matter who wins.