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Blue Chip Stock
A blue chip stock is the stock of a well-established company having stable earnings and no extensive liabilities. The term derives from casinos, where blue chips stand for counters of the highest value. Most blue chip stocks pay regular dividends, even when business is faring worse than usual.
The phrase was coined by Oliver Gingold of Dow Jones sometime in 1923 or 1924. Company folklore recounts that the term apparently got its start when Gingold was standing by the stock ticker at the brokerage firm that later became Merrill Lynch. Noticing several trades at $200 or $250 a share or more, he said to Lucien Hooper of W.E. Hutton & Co. that he intended to return to the office to "write about these blue chip stocks." Thus the phrase was born. It has been in use ever since, originally in reference to high-priced stocks, more commonly used today to refer to high-quality stocks. In contemporary media, Blue Chips and their daily performances are frequently mentioned alongside other economic averages like the DJIA.
Blue chip companies set to clash with taxman
Eight in ten of Britain?s biggest companies are set to clash with HM Revenue &
Customs over new rules to hold finance directors personally liable for
errors in the accounts, research suggests...
Blue Cross Blue Shield Fights Florida?s Marriage Amendment
Citizen Link reports: “Blue Cross and Blue Shield of Florida, the state’s largest health insurer, is working to defeat the marriage-protection amendment that will go to voters Nov...
Highmark Blue Shield and Independence Blue Cross Merger in the News
According to an article in today's Philadelphia Inquirer, the Pennsylvania Insurance Department has apparently unofficially informed Highmark Blue Shield and Independence Blue Cross of certain conditions it will place on the merger...
BLUE CROSS BLUE SHIELD DATA BREACH: MORE THAN 800,000 DOCTOR RECORDS
Blue Cross Blue Shield is now reviewing its polices after confirming that a stolen employee laptop contained unencrypted personal information (including name, address, tax ID, and physician identifier number) on almost every doctor that accepts Blue Cross Blue Shield...
Blue Cross Blue Shield of Massachusetts and Tufts Medical Center reach agreement
Drawing a line in the sand seems to be working.Thanks in large part to the current environment (I'm referring to the chill brought on by the recent Boston Globe spotlight series), Tufts Medical Center has apparently improved its position and...
Blue Cross Blue Shield Of Georgia Sends 202,000 Letters Containing Personal Information To The Wrong Addresses
Blue Cross Blue Shield Of Georgia Sends 202,000 Letters Containing Personal Information To The Wrong Addresses | Consumerist
My mother-in-law recently passed and did not have a will. She has two adult children who are in agreement about a 50-50 split. She has some stock options and a house with a balance, but the broker and mortgage company sa
In most jurisdictions, when someone passes away without a will a court proceedin...
Where can I find out what is the Statute of Limitations for a dispute with stock brokerage firm on an over payment of foreign tax for the interest I received thru the brokerage from abroad?
First, it is possible that the documents you signed when you opened the account ...
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I have profited from reading changewave stock investment newsletter....
What is the name and URL of a website that has a network of stock analysts that distributes out fundamental analysis (like discounted cash flow analysis) chores to the network members who then share the resulting stock a
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My mother-in-law recently passed and did not have a will. She has two adult children who are in agreement about a 50-50 split. She has some stock options and a house with a balance, but the broker and mortgage company sa
In most jurisdictions, when someone passes away without a will a court proceedin...
Where can I find out what is the Statute of Limitations for a dispute with stock brokerage firm on an over payment of foreign tax for the interest I received thru the brokerage from abroad?
First, it is possible that the documents you signed when you opened the account ...
What are best stock investment newsletters?
I have profited from reading changewave stock investment newsletter....
What is the name and URL of a website that has a network of stock analysts that distributes out fundamental analysis (like discounted cash flow analysis) chores to the network members who then share the resulting stock a
Dear Anonymous,
I believe you are thinking about valueinvestorsclub...
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