Eaton Vance Michigan Municipal Income Trust (EMI)

13.53 +0.05  +0.37%  May 25, 11:00PM Go Pro
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Eaton Vance Michigan Municipal Income Trust Capital Expenditures

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About Capex

Capital expenditures are a line item from a company's statement of cash flows (click "Learn More" below for details).

Capex (short for capital expenditures) are incurred when a business spends money to purchase fixed assets or to add value to an existing fixed asset. In accounting, a capital expenditures are added to an asset account, thus increasing the value of the asset.

Examples of capital expenditures include the purchase of a new manufacturing plant, investment in server farms for tech companies, or other purchases of assets expected to help the company earn profits in the future.

Unlike other investments like research and development and marketing spending, capital expenditures are not immediately expensed. Rather, property, plant and equipment acquired using capital expenditures are usually expensed over time through the use of depreciation.
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EMI News

Deals of the Day: Chesapeake CEO's Web of Loans
Apr 19, 9:15AM The Wall Street Journal
$atvi Vivendi sold to finance buy in $EMI and $TVN &amp; to maintain credit rating. nothing to do with the value of ATVI. This is a buying opp..
about 195 days ago by 187_911
$EMI JUST MY GUT but isee lots of trouble today at $110
about 376 days ago by Tempest
this afternoon i single handedly saved the Italian economy. you might want to cover your $EMI shorts in the morning #Campagnolo
about 504 days ago by Morgan_03
Another observation...been seeing weakness in tax-free munis the last few weeks...some of them got really hammered today e.g. $EMI, $NAN
about 565 days ago by volpivots
$EMI need to back-test idea for inverse ETF-compiles analysts advisories weighted to how big their audience and mouths are-Cramer %51
about 845 days ago by BBAlgo

Recent Quotes

Symbol Price Chg Chg % Market Cap
EMI 13.53 +0.05 +0.37%
EMFN 21.58 -0.26 -1.19%
EMF 16.59 -0.05 -0.30%
EMEY 40.02 +0.00 +0.00%
EME 28.00 +0.08 +0.29% 1.864B
EMCI 20.24 +0.32 +1.61% 260.69M
EMC 24.24 +0.01 +0.04% 50.22B
EMAN 2.92 +0.06 +2.10% 68.71M
ELY 5.40 +0.05 +0.93% 351.11M
ELS 66.54 -0.48 -0.72% 2.748B
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