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Page 3 of 3123
Subject: Wall Street Journal

The Wall Street Journal is an English-language international daily newspaper published by Dow Jones & Company, a division of News Corporation, in New York City, with Asian and European editions.

The newspaper vies with USA Today for the position of having the widest circulation of any newspaper in the United States, it was the largest-circulation newspaper in the United States until November 2003, when it was surpassed by USA Today and regained that position in October 2009. According to the Audit Bureau of Circulations, the paper has a circulation of 2.1 million copies (including 400,000 paid for, online subscriptions) as of October 2009 compared to USA Today’s 1.9 million. Its main rival in the Business newspaper sector is the London-based Financial Times, which also publishes several international editions.

The Journal newspaper primarily covers U.S. and international business and financial news and issues—the paper’s name comes from Wall Street, the street in New York City that is the heart of the financial district. It has been printed continuously since being founded on July 8, 1889, by Charles Dow, Edward Jones, and Charles Bergstresser. The newspaper has won the Pulitzer Prize thirty-three times,] including 2007 prizes for its reporting on backdated stock options and the adverse effects of China’s booming economy. [Wikipedia: 2009]

Stock buybacks

WSJ mildly critical of stock buybacks

The mildest of reprimands

On June 12, 2006, the Wall Street Journal headlined, “Big companies put record sums into buybacks — repurchases aim to bolster shares but come at expense of investments in growth”. For capital flow analysts, this is hardly news, but for the WSJ to acknowledge or even suggest that the practice may have negative connotations is news!

The Common Stock Legend

The Epiphany of Jeremy Siegel

The Glory of the Common Stock Legend

The topic “Baby Boom — Baby Bomb?” was debated by Michael Milken and Professor Jeremy Siegel in April 2006. This debate was featured in BusinessWeek in the article, “When Boomers Cash Out: A buy-and-hold legend sees tough times ahead.” Professor Siegel is the guru of the Common Stock Legend, having authored the best-seller, “Stocks for the Long Run”,

Page 3 of 3123

Featured articles on inside pages

Stock buybacks

Stock buybacks, refusing to die, live on

In Q1 2009, stock buybacks came back, driving up equity prices and sparking a rally by dominating a thin market. These equity repurchases were financed from depreciation and bond issues. More ...

Securities Analysis

Are investors being misled?

Mutual funds are sold primarily on the basis of 'performance' measured by historical 'total return'.The famous Morningstar 'star' rating system is based on 'total return', in this case 'risk-adjusted total return' relative to funds of the same asset category.
More ...

US Politics

Why Congress won't kill ACORN

Closely connected with President Obama, the ACORN group of "community organizers" has drawn censure from the Democrat-controlled Congress as a result of investigative reporting by James O'Keefe and Hannah Giles. More ...

US equities

Households save more and invest in equities

Government economic stimulus programs that have sent money directly to US households have resulted in more saving and less spending. Low interest rates have encouraged individuals to move from debt instruments into equities. More ...

US Bonds

Bond demand exceeds supply for a decade

Over the decade, 1995-2004, the demand for US bonds of all types has surpassed new bond issues in eight of the last ten years. This is the reason that bond prices have held firm, even in 2003, when net new issues reached almost $1.8 trillion. More ...

World Economy

What Is ‘International Liquidity’?

It used to be that the term 'international liquidity' meant the relative amount of resources available to a nation's monetary authorities that could be used to settle a balance of payments deficit. In the days of the gold standard, this would mean access to gold that could be used to redeem a nation's currency held by foreigners. More ...

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2010-09-28 16:01