Filed under: Newsletters, Commodities, Agriculture, Stocks to Buy, Housing

“Seattle-based Plum Creek Timber (NYSE: PCL), the nation’s largest private landowner with more than eight million acres, has caught our eye,” says Bill Martin.

In his BullMarket.com advisory, he explains, “Earnings have been stunted in recent quarters by the housing slump, but the company sports a strong balance sheet and an asset base that thanks to nature only gets larger and more valuable as time goes by.”

“Plum Creek, which operates as a real estate investment trust, reported surprisingly solid Q3 profit. It posted net income of $69 million, or 40 cents per share, for the quarter ended September 30th, compared with a profit of $59 million, or 34 cents per share, for the same period a year ago.

“In the 2007 quarter, fire losses in Montana forced the company to report a $4 million non-cash expense, or two cents per share, related to fire losses experienced in Montana.

“The company’s EPS results topped the expectations of Wall Street analysts by a penny a share. Revenue grew to $414 million, up 2% from $407 million last year. The sales results were a bit short of the consensus of $419.8 million.

Continue reading ‘Growing’ assets: Plum Creek Timber (PCL)

‘Growing’ assets: Plum Creek Timber (PCL) originally appeared on BloggingStocks on Tue, 18 Nov 2008 13:30:00 EST. Please see our terms for use of feeds.

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Filed under: Products and services, Apple Inc (AAPL)

One of the holy grails for consumer electronics manufacturers has always been to produce a single device that’s good at so many things that customers don’t need a whole collection of gadgets — just one. The perfect example of this has been Apple Inc.’s (NASDAQ: AAPL) iPhone. It makes calls, allows web browsing and email, can play music, TV and movies, and do about a jillion other things.

It’s not the first device to try and be a jack-of-all-trades, but it’s arguable the first to be the simplest and coolest at everything it does. Customers are apparently noticing, as they are dumping other gadgets in favor of carrying and using just one - the iPhone. And we’re not talking middle-income families and consumers either, but those with incomes below the median.

This is music to Apple’s ears — its device is being used by all demographics for everything from telecommunications to video and music to web browsing (possibly being the first “portable” computer for many). ComScore said that iPhone ownership spiked 48% from June 1 to the end of August among households earning between $25,000 and $50,000 a year. Need Apple state more? Not really.

Some consumers getting rid of all gadgets - and replacing them with iPhone originally appeared on BloggingStocks on Fri, 31 Oct 2008 12:10:00 EST. Please see our terms for use of feeds.

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eldavojohn writes “Burn victims — especially soldiers from war — have been proven to deal with therapy and pain better when immersed in a calm, cold virtual world. The game Snow World lets players hit targets with snowballs in a winter wonderland. The results of the study show unarguably that victims handle treatment and healing much better when their mind, eyes & ears are occupied — mind over matter, indeed.”

Read more of this story at Slashdot.

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