Keith Springer Quoted in MarketWatch US Blue-Chip Stocks Edge Lower As Merck, Pfizer Lag

Dec. 23, 2010 - PRLog -- According to MarketWatch’s Steven Russolillo, “U.S. blue-chip stocks teetered around the flat line on Friday as regulatory worries weighed on drug makers, while positive profit reports from technology companies helped limit the broader market's losses.”

AT&T's board authorized the telecommunications giant to repurchase up to 300 million shares of stock and raise its quarterly dividend 2.4%. AT&T’s shares edged down 0.4%. Keith Springer, president of Springer Financial Advisors in Sacramento, CA. said investors may have been anticipating higher dividends boost.

Still, the fact that AT&T and other companies are embarking on initiatives that return value to shareholders rather than only hoard cash, MarketWatch says is a positive sign for the overall economy.

"Companies are feeling much more comfortable and finally confident in applying their cash and recognizing shareholder value," Springer said.

To view more print and live media interviews with Keith, visit www.KeithSpringer.com and click the “Keith in the Media” link, email Keith@KeithSpringer.com or call (916) 925-8900.

About Springer Financial Advisors: Keith Springer, President of Springer Financial Advisors, a SEC Registered Investment Advisory Firm, frequently provides commentary and analysis for various global and national media outlets. He has developed a proprietary process for successfully building tax-efficient retirement portfolios and has been providing specialty wealth management services for over 25 years.

# # #

Keith Springer presedent of Springer Financial Advisors, a SEC Registered Investment Advisory Firm.He has successfully built tax-efficient retirement portfolios and has been providing specialty wealth management services for over 25 years.