Share This Story! Let friends in your social network know what you are reading about Facebook Email Twitter Google+ LinkedIn Pinterest Mesa Mormon temple's redevelopment plans raise historic-preservation concerns Plans for redevelopment around Mesa's historic Mormon temple include tearing down eight nearby homes, which has preservationists raising questions. Sent! A link has been sent to your friend's email address. Posted! A link has been posted to your Facebook feed. Join the Conversation To find out more about Facebook commenting please read the Conversation Guidelines and FAQs Subscribe Today Log In Subscribed, but don't have a login? Register your digital access. Lily Altavena, The Republic | azcentral.com Published 12:29 p.m. MT May 2, 2018 | Updated 12:30 p.m. MT May 2, 2018 CLOSE The Mesa Mormon Temple will close for two years beginning May 2018 for major renovations. Wochit CONNECT TWEET LINKEDIN COMMENT … [Read more...] about Mesa Mormon temple’s redevelopment plans raise historic-preservation concerns
S and p 500 historical returns
Last Updated Apr 26, 2010 4:33 PM EDT Earnings reports for 2010's first quarter are coming in fairly strong, and share prices are responding accordingly, rising about three percent since the start of the news season three weeks ago, and that's after the Goldman news and the volcano thing took some of the wind out of investors' sails. So -- there's clearly a recovery underway, which seems likely to continue, but can stocks keep pace? Most observers see the short-term trend as solid, but several serious analysts think the good recovery is already priced in. StarMine Professional, a Reuters company, reported an aggregate estimate for the coming 12 months of about $79 per share, placing the valuation of the S&P 500 at about 13.9 times on the next 12 months' profits. The proportion of companies reporting favorable earnings surprises these days is north of 80 percent. But don't get too excited about that: earnings reports are a cat-and-mouse game that company managements play with the … [Read more...] about S&P 500 at 1200: Will Corporate Earnings Support Further Gains?
Last Updated Apr 6, 2011 11:49 AM EDT Earnings of big U.S. companies are making good progress, and even increasing the pace these days, which should be good news for stocks. The vigilant Starmine Professional system of Thomson Reuters, which catalogs the earnings estimates of stock analysts all over the world and ranks them according to each analyst's historical accuracy, tells us that over the next 12 months, earnings per share are slated to rise 17.9 percent. That's an increase from the decelerating growth of the last few quarters, and the best since 3Q 2010 -- in this graph, the blue line shows the rate of growth (click to enlarge): And the uptick in growth is not just localized. According to Bloomberg,S&P 500 earnings are poised to surpass the 2007 peak of $90 a share in the third quarter after surging from $7 in March 2009, the quickest recovery since at least 1900, according to data from S&P and Yale University's Robert Shiller compiled by Bloomberg. The gap between … [Read more...] about Growth Jump For S&P 500 Earnings in 2011-12
(MoneyWatch) If you've been reading my blog for any length of time, you know that data mining (or the act of messing with numbers to find specific patterns) should provide investors little more than a chuckle. While October has typically been a frightful month for stocks, a little data mining also shows the S&P 500 Index's devilish side. (Thanks to Howard Silverblatt of Standard & Poor's for the data.) On Oct. 9, 2007, the S&P 500 closed at 1,565.15, the index's highest point in its history. Last week, as we approached the fifth anniversary of that high water mark, the S&P 500 closed at 1,460.93, or 6.66 percent off its historical high. This isn't the first time the S&P 500 has displayed the mark of the beast. During the market low on March 6, 2009, the index hit its lowest point of the recession at 666 before rebounding to close slightly higher. October can be frightful for stocksHow Warren Buffett beats the marketsBetter returns: More stocks or … [Read more...] about S&P 500 showing spooky numbers in October
Nobody can say the stock market outlook these days isn't looking cloudy, but most investors appear to remain sunny. That in itself should be a moderately bullish sign, although nothing is certain, to be sure. "As we look to the second quarter and beyond, our crystal ball is as cloudy as ever when it comes to predicting short-term market movements, but we remain optimistic and think that double-digit percentage returns for the full year are achievable," said John Buckingham, chief investment officer at Al Frank Asset Management, which has $1.5 billion under management. He cautions, however, that investors have to be realistic about ongoing geopolitical issues as well as negative political catalysts in the U.S. that have been exacerbated by President Trump's firing last week of FBI Director James Comey, plus the fact that the markets haven't suffered much in the way of a pullback since the robust rally after the presidential election. Part of the market's relatively calm … [Read more...] about Can S&P 500 still deliver double digit gains this year?
Lithium stocks are having a tough 2018, following two years of partying like it was 1999. Shares of the world's largest lithium producer, Albemarle (NYSE: ALB), are in the red 25.7% this year through Friday, while the stocks of the industry's second-largest producer, Sociedad Quimica y Minera de Chile (NYSE: SQM), or SQM, and the other big player that's traded on a major U.S. stock exchange, FMC Corp. (NYSE: FMC), are down 19.4% and 15.9%, respectively. For context, the S&P 500 has returned 1% over this period.Here's what you should know.Lithium salt flats. Lithium-containing brine is pumped above ground into evaporation pools. Image source: Getty Images.Lithium oversupply and pricing concerns hit the group beginning in JanuaryAlbemarle, SQM, and FMC ended 2017 on a high note, with their stocks returning 50.2%, 114%, and 68.8%, respectively, for the year, versus the S&P 500's 20.5% return. This was on top of big gains the year before. The two-year stock party was driven by the … [Read more...] about Why the Big 3 Lithium Stocks Are Down 16% to 26% in 2018 — and What’s an Investor to Do?
Where do you put 3,500 camellias? How about the thousands of people who come to see them? For decades, that answer has been simple: Memorial Auditorium. This weekend, the venerable Sacramento venue will host the 94th annual Sacramento Camellia Show, the world's oldest and largest event of its kind. On the National Register of Historic Places, Memorial Auditorium has served as a wonderful and gracious home to the camellia show, Sacramento's celebration of its official flower, say show organizers. But upcoming renovations to the 90-year-old auditorium are expected to uproot the event for at least one year, maybe more. Of immediate concern, show organizers worry that there will be enough camellias this weekend to fill Memorial's exhibition space. "Please, everybody, bring camellias!" said co-chairman Julie Vierra. "After that hail on Monday, we'll need every camellia we can get." Vierra's own West Sacramento garden was hit hard by Monday's freak hailstorm. "It hailed for 45 minutes," she … [Read more...] about World’s largest and oldest camellia show returns to Memorial Auditorium — at least once more
In recent years, a lot of investor money has been flowing into index funds. Investors seem to love the low-cost nature of index fund investing, as well as the diversification and ease that comes with them. This certainly makes sense, but is it possible to make serious money by simply investing in index funds? The answer will surprise you. Here's a look at what would have happened if you had put money into an S&P 500 index fund in 1980 (38 years ago) and had simply reinvested your dividends along the way. Image source: Getty Images. What is an S&P 500 index fund? An S&P 500 index fund is an investment vehicle, either in mutual fund or exchange-traded fund (ETF) form, that invests in the 500 stocks that comprise the S&P 500 index, in market cap-weighted proportions. While fees vary, these tend to be extremely cheap ways to invest. As of this writing, S&P 500 ETFs can be found with expense ratios as low as 0.03%. This means that for every $10,000 you have … [Read more...] about Here’s What a $10,000 Investment in an S&P 500 Index Fund in 1980 Would Be Worth Today
Omaha’s money managers and investing pros expect the Standard & Poor’s 500 to rise about 8 percent this year, boosted in part by tax and regulatory policies expected to be business-friendly. A World-Herald survey of 10 metro-area portfolio managers and finance experts from academia found an average estimate of 2,425 for the 2017 year-end close of the broad S&P index. That would be about 8 percent higher than the 2016 close of 2,238.83, a year during which the index rose almost 9 percent. Lower taxes and a lighter regulatory burden were almost universally cited as catalysts for the stock market in 2016; both were major points of emphasis for President-elect Donald Trump. Politics aside — several of the money managers said privately they liked neither Trump nor his opponent, Hillary Clinton — there was widespread agreement that investors will profit from what they described as an increasingly competitive U.S. business climate. “The Trump … [Read more...] about Area financial experts’ predictions for 2017: Expect S&P 500 to rise by 8 percent
U.S. stocks opened higher Friday, the last trading day of the year, with the The S&P has gained 20 percent this year, with technology and consumer discretionary the top two performers for the year. Only energy and telecommunications have declined this year. U.S. crude oil futures rose Friday, topping $60 a barrel after briefly reaching the 2.5-year high earlier in the week. Gold futures also rose, while copper fell more than half a percent after rising to a near four-year high earlier in the week. The Dow Jones industrial average closed at a record Thursday for the 71st time this year and was on pace for slight weekly gains. The last time the Dow rose in each of the final six full weeks of the year was in 1954. That does not include weeks encompassing two different … [Read more...] about US stocks open higher; S&P 500 tracking for best year since 2013