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Opened – Lake Elmo Capital

The T. Rowe Price Is Right, Bob

Trademark used for informational, editorial, parody, and commentary purposes only in order to inform, educate, or express an opinion.

Founded in 1937 with Robert Sharps as its current President and CEO, [lec-stock-link]TROW[/lec-stock-link] is an investment management firm that handles other people’s money originating from 50 different countries. In December 2021, T. Rowe stated they have $1.69 trillion of assets under management, of which clients redeemed $23.8 billion from their accounts in fiscal year 2021.… Continue reading The T. Rowe Price Is Right, Bob

No Enhanced Recovery Required

Oil tycoon [lec-stock-link]XOM[/lec-stock-link] has been tanking from its all-time July 29, 2014, high of $104.76. At that time, it was paying 69¢ in a quarterly dividend (yielding 2.63%). Tomorrow, it will be paying 87¢ per share. In its most recent quarter, the company reported a net loss in earnings of 72¢ per share, which takes… Continue reading No Enhanced Recovery Required

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