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15 Red Flags When Editing Business Stories  Liabilities that can bite you in the assets
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Quiz Question #1: ,[object Object],The proposed purchase severely undervalues the company, said an analyst for Waddell & Reed New Concepts, a mutual fund that has $1.24 million under management.
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Quiz Question #2: ,[object Object],Sales of pre-owned homes dropped 11 percent in January from a year ago, the eighth month in a row of year-over-year declines. Real estate agents sold only 3,073 pre-owned single-family homes in the month.
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Quiz Question #3: ,[object Object],For one year only, the payroll tax taken out of your check for Social Security will be reduced by 2 percent. You’ll see 4.2 percent – instead of 6.2 percent – of the first $106,800 of earnings going to Social Security. That will put an extra $2,136 in the paychecks of the highest earners.
Quiz Question #4: ,[object Object],The almost nine out of 10 people who still pay their home loans on time don’t get a lot of attention these days. Understandably, it’s the 8.9 percent of Americans with a loan who are behind on their payments who are giving the mortgage business fits.
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Quiz Question #5: ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
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Quiz Question #6: ,[object Object],Apple reported a profit of $6 billion, or $6.43 a share, increasing from $3.38 billion, or $3.67 a share. Revenue surged to $26.74 billion, up from $15.68 billion. More than a third percent of the revenue came from the U.S.
[object Object],Photo by Flickr user SeanWF
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[object Object],Photo by Flickr user pixelnaiad
Quiz Question #7: ,[object Object],Area home foreclosures for March are down 9 percent from a year ago. With the March filings, more than 16,000 home foreclosure postings have been recorded for the first quarter of 2011, about the same as last year.
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Quiz Question #8: ,[object Object],CVS buys Universal American unit $1.25 billion deal will help pharmacy chain double its Medicare drug business Woonsocket, R.I. – CVS Caremark Corp. said Friday it will pay $1.25 billion to buy Universal American Corp.’s Medicare prescription drug services unit. CVS said it pursued the deal because as the nation’s population ages, a growing percentage of Americans will get their prescription drug coverage from Medicare. Universal American said shareholders would get $12.80 to $13 a share in cash and would own a new company operating Universal American’s other businesses.
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Quiz Question #9: ,[object Object]
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Quiz Question #10: ,[object Object],For the airport’s part, spokesman David Magaña said it will study all of its parking products in coming months to determine whether changes need to be made.
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Bonus Screw-up: Wal-Mart dividend to go up 21 percent Wal-Mart Stores Inc. said Thursday that it is increasing its annual dividend to 21 percent on the back of strong earnings. The world’s largest retailer last month reported a 27 percent increase in fourth-quarter net incomes as it benefited from cost-cutting and strong sales overseas. Wal-Mart said it will pay an annual dividend this year of $1.46, up from $1.21. It will pay quarterly dividends of 36.5 cents in April, June, September and January in fiscal 2012, which ends Jan. 31. The next dividend will be paid on April 4 to shareholders of record on March 11.
 
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15 Red Flags When Editing Business Stories

  • 1. 15 Red Flags When Editing Business Stories Liabilities that can bite you in the assets
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  • 37. Bonus Screw-up: Wal-Mart dividend to go up 21 percent Wal-Mart Stores Inc. said Thursday that it is increasing its annual dividend to 21 percent on the back of strong earnings. The world’s largest retailer last month reported a 27 percent increase in fourth-quarter net incomes as it benefited from cost-cutting and strong sales overseas. Wal-Mart said it will pay an annual dividend this year of $1.46, up from $1.21. It will pay quarterly dividends of 36.5 cents in April, June, September and January in fiscal 2012, which ends Jan. 31. The next dividend will be paid on April 4 to shareholders of record on March 11.
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Editor's Notes

  1. Changes in home sales, changes in economic data (CPI, auto sales, ???), market stories (changes in indexes or individual stocks)
  2. If you have 2 percent deducted from your check (say $1,000, i.e., $20) and it rises to 3 percent ($30), a rise from $20 to $30 is clearly a 50 percent increase.
  3. See Cloud book for explanation of ebitda, etc.