Western Asset Intermediate Muni Fund (SBI)

10.34 -0.23  -2.18%  May 31, 5:21PM Go Pro
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Western Asset Intermediate Muni Fund R&D Expense

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About R&D Expense

R&D expenses are a line item from many companies' income statements.

R&D expense (short for research and development expense) is essentially the amount of money that a company spends to develop new products and services each year. For example, if a pharmaceutical firm hires research scientists to develop new drugs, the salaries of these researchers will generally be expensed in the R&D expense category.

Like marketing expenses, but unlike capital expenditures, R&D expenses are subtracted from revenues every year directly. Therefore, accountants treat R&D spending as an expense rather than as an investment, though there is continuous debate over whether this is the correct classification.

An investor looking at companies with large R&D expenditures should think hard about whether a single company's R&D spending is an expense (like buying rubber to produce tires) or whether it is an investment (like buying machinery to produce tires more efficiently). Determining the answer to that question can have a large impact on how the company is valued.
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SBI News

[video] Six in 60
Dec 05, 9:55AM
insider buying for $SBI. See holders at http://tinyurl.com/689howg
about 492 days ago by whalewisdom
sale $SBI 3180
about 592 days ago by amt
$SBI completed a bullish piercing candlestick pattern on 7/28/2010. Look for an upward price movement on 7/27/2010
about 675 days ago by candlestickpick
Indian Golden Brown Target Hit for $SBI (Mumbai) at INR2263.8
about 770 days ago by Z_Strategy
India Oak Stop Hit for $SBI (Mumbai) at INR2223.9
about 771 days ago by Z_Strategy
$KOTAK net profit down 12% in March 09 vs $SBI up 15% #Indian #Stocks
about 1116 days ago by zyakaira

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