Devon Energy Sets 2012 Priorities (DVN, SHI, EGN, EOG)

2012 Capital Budget
Devon Energy plans to spend between $5.1 billion and $5.5 billion in capital on exploration and development in 2012, down from $6.6 billion in 2011. The company signed an agreement with Sinopec (NYSE:SHI) to jointly develop five emerging unconventional plays, and will partially offset Readmore >>

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NetApp Puts Some Fears To Rest (NTAP, EMC, HPQ, IBM)

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Third Quarter Broadly In Line
NetApp’s financial results for its fiscal third quarter were broadly in line with analyst expectations. Readmore >>

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A Convertible Income Choice (CWB, CVRT, CHY, AGC)

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Big Yields in Hybrid Bonds
While preferred stock has been widely adopted by the general investing public, their bond/equity twins – Readmore >>

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Nordstrom Affordable, But Not A Steal (JWN, M, SKS, JCP)

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Full Year Recap
Total revenues advanced 12.1% to $10.9 billion. Of those sales, $10.5 billion stemmed from the retail operations that consist of the namesake, full line stores that Readmore >>

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Should Dividend Investors Be Afraid Of Obama’s Budget Plans? (AAT, DDR, EXL, LTC)

 

Written by Rebecca Lipman

Putting your political party preference aside, President Obama’s proposed 2013 budget raises some legitimate concerns for all investors who rely on, or simply enjoy, dividend income.

Louis Basenese of WallStreetDaily reports: “Earlier this week, President Obama unveiled his proposed budget Readmore >>

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