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?