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Blind Mellon

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Blind Mellon

Re: ls1240 post# 17792

Thursday, 07/24/2014 9:51:00 AM

Thursday, July 24, 2014 9:51:00 AM

Post# of 36850
Normally special charges aren't taken in to account in the typical EPS. $1.98/sh excluding special charges. Beat the street estimates CONSENSUS. Maybe with the morning open there were a lot of sell orders already in place in anticipation of a disappointment. Boy. Are they disappointed. Stock buybacks, dividend payment, early PRE payment of debt and tripling of the required defined benefit pension payment. Not sure what else is possible. (Other than as pointed out earlier, finding cure for cancer and throw in Mideast peace)
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