With shares of Oracle (NASDAQ:ORCL) trading around $36, is ORCL an OUTPERFORM, WAIT AND SEE, or STAY AWAY? Let�� analyze the stock with the relevant sections of our CHEAT SHEET investing framework:
T = Trends for a Stock’s MovementOracle is a provider of enterprise software and computer hardware products and services. The company�� software, hardware systems, and services businesses develop, manufacture, markets, host, and support database and middleware software, applications software, and hardware systems, with the latter consisting primarily of computer server and storage products. It is organized into three businesses: software, hardware systems, and services. Information technology products and services are seeing increasing demand due to the surge of companies in developing economies.
Oracle investors partied a day after the database giant released its fiscal second quarter earnings showing big gains for cloud services and some high-end hardware. Shares of Larry Ellison�� baby jumped 6 percent, surpassing not just the 52-week high from back to March but the May, 2011, post-Internet bubble high as well.�On the surface, Oracle�� overall results were nothing to get so excited about, with revenue up 2 percent and net income declining 1 percent. The results just slightly exceeded what analysts expected.
Top 10 Information Technology Companies To Buy For 2015: Swedish Export Credit publ Corp (FUE)
Swedish Export Credit publ Corp (SEK) is a Sweden-based company engaged in the provision of financial solutions for the private and public sectors with the aim of promoting the development and international competitiveness of the Swedish industry and trade. The Company�� business activities are structured into three segments: the Financing segment includes corporate banking, export finance, trade finance, project finance, customer finance, structured products and Cirr-rates; the Advisory segment provides financial advice to International Financial Institutions, governments and corporations, in a range of areas, such as power and energy, utilities, environment, transport, telecoms, and pulp and paper, and the Small and medium-sized enterprises (SMEs) segment offers finance services to small and medium-sized enterprises. Advisors' Opinion:- [By John Udovich]
On Tuesday, lightly traded small cap biodiesel stock Methes Energies International Ltd (NASDAQ: MEIL) soared 53.78% on record production figures, meaning its worth taking a closer look at whether that surge was actually warranted plus look at the performance of�potential peers like biodiesel stock Renewable Energy Group Inc (NASDAQ: REGI) and biofuel ETF the ELEMENTS MLCX Biofuels Index TR ETN (NYSEArca: FUE).
Top 10 Information Technology Companies To Buy For 2015: Christopher & Banks Corporation (CBK)
Christopher & Banks Corporation, through its subsidiaries, operates retail stores that provide women�s apparel and accessories in the United States. The company designs, sources, and sells apparel catering to customers generally ranging in age from 45 to 60. Its stores offer knit tops, woven tops, jackets, sweaters, skirts, denim bottoms, bottoms made of other fabrications, and dresses in various sizes, as well as jewelry and accessories. As of March 13, 2013, the company operated 605 stores in 44 states, including 381 Christopher & Banks stores, 158 C.J. Banks stores, 41 dual stores, and 25 outlet stores. It also operates e-Commerce Web sites christopherandbanks.com and cjbanks.com. The company was formerly known as Braun�s Fashions Corporation and changed its name to Christopher & Banks Corporation in July 2000. Christopher & Banks Corporation was founded in 1956 and is headquartered in Plymouth, Minnesota.
Advisors' Opinion:- [By Seth Jayson]
Calling all cash flows
When you are trying to buy the market's best stocks, it's worth checking up on your companies' free cash flow once a quarter or so, to see whether it bears any relationship to the net income in the headlines. That's what we do with this series. Today, we're checking in on Christopher & Banks (NYSE: CBK ) , whose recent revenue and earnings are plotted below. - [By Jonathan Morgan]
Deutsche Bank, Germany�� biggest lender, slipped 0.8 percent to 34.24 euros, and Commerzbank AG (CBK), the second-largest, retreated 1.6 percent to 6.66 euros. A gauge of European banking stocks fell the most of the 19 industry groups the Stoxx Europe 600 Index.
- [By Jonathan Morgan]
Bayer AG (BAYN) and BASF SE gained, following their European peers higher. Commerzbank AG (CBK), the country�� second-biggest lender, slid 3.7 percent. Deutsche Bank AG (DBK) dropped the most in more than a month after JPMorgan Chase & Co. downgraded the shares.
5 Best Machinery Stocks To Buy Right Now: Huaneng Power International Inc (HNP)
Huaneng Power International, Inc. is principally engaged in the investment, construction, operation and management of power plants. The Company�� electricity generation business covers Northeast China Grid, North China Grid, Northwest China Grid, East China Grid, Central China Grid and South China Grid, as well as grid in Singapore. The Company�� power plants are mainly located in Shandong province, Liaoning province, Zhejiang province, Guangdong province, Jiangsu province, Hebei province, Fujian province, Jiangxi province, Chongqing city, Gansu province, Beijing city and Shanghai city, among others. As of December 31, 2010, the Company had a wholly owned power operation subsidiary in Singapore.
The Company�� Huaneng Dalian Power Plant (Dalian Power Plant) is located on the outskirts of Dalian, on the coast of Bohai Bay. Dalian Power Plant, including Phase I and Phase II, has an installed capacity of 1,400 megawatts and consists of four 350 megawatts coal-fired units. Dalian Power Plant typically stores 200,000 tons of coal onsite. Dalian Power Plant sells all its electricity through the Liaoning Electric Power Co., Ltd. and the Northeastern Power Grid. Electricity generated by Dalian Power Plant is delivered to the Liaoning Provincial Power Grid. Huaneng Dandong Power Plant (Dandong Power Plant) is located on the outskirts of the city of Dandong in Liaoning. Dandong Power Plant comprises two 350 megawatts coal-fired units. All the electricity generated by Dandong Power Plant is delivered to the Liaoning Provincial Power Grid and is sold through the Liaoning Electric Power Co., Ltd. and the Northeastern Power Grid.
Huaneng Yingkou Power Plant (Yingkou Power Plant) is located in Yingkou City in Liaoning Province. Yingkou Power Plant Phase I has an installed capacity of 640 megawatts and consists of 2x320 megawatts supercritical coal-fired generating units. Yingkou Power Plant sells all its electricity through Liaoning Electric Power Co., Ltd. and the Northeastern Power ! Grid. Electricity generated by Yingkou Power Plant is delivered to the Liaoning Provincial Power Grid. The Company�� construction projects in the Liaoning Province include the Yingkou Power Plant Phase II, which is planned to consist of two 600 megawatts coal-fired generating units. The Company owns 100% equity interests in this project.
Power Plant in Fujian Province
The Company�� Huaneng Fuzhou Power Plant (Fuzhou Power Plant) is located on the south bank of the Min River, southeast of the city of Fuzhou. Fuzhou Power Plant, including Phase I and Phase II, has an installed capacity of 1,400 megawatts and consists of four 350 megawatts coal-fired units. All the electricity sales of Fuzhou Power Plant are made through the Fujian Electric Power Company, Ltd. Electricity generated by Fuzhou Power Plant is delivered to the Fujian Provincial Power Grid.
Power Plant in Hebei Province
Huaneng Shangan Power Plant (Shangan Power Plant) is located on the outskirts of Shijiazhuang. Shangan Power Plant has been developed in two separate expansion phases. The Shangan Power Plant Phase I has an installed capacity of 700 megawatts and consists of two 350 megawatts coal-fired units. Shangan Power Plant sells all its electricity through the Hebei Electric Power Corporation. Electricity generated by Shangan Power Plant is delivered to the Hebei Provincial Power Grid. Shangan Power Plant Phase III is planned to consist of two 600 megawatts coal-fired generating units. The Company owns 100% equity interests in this project.
Power Plants in Jiangsu Province
Huaneng Nantong Power Plant (Nantong Power Plant) is located in the city of Nantong. Nantong Power Plant, including Phase I and Phase II, has an installed capacity of 1,404 megawatts, and consists of two 352 megawatts and two 350 megawatts coal-fired units. Nantong Power Plant sells all its electricity through the Jiangsu Electric Power Company. Electricity generated by Nantong Power Pl! ant is de! livered to the Jiangsu Provincial Power Grid. The Company�� Huaneng Nanjing Power Plant (Nanjing Power Plant) has an installed capacity of 640 megawatts consisting of two 320 megawatts coal-fired units.
The Huaneng Taicang Power Plant (Taicang Power Plant) is located in the vicinity of Suzhou, Wuxi and Changzhou in the Jiangsu Province. Taicang Power Plant is an ancillary facility of the China-Singapore Suzhou Industrial Park and has a total planned capacity of 1,200 megawatts. Taicang Power Plant Phase I consists of 2 x 300 megawatts coal-fired generating units. Taicang Phase II Expansion consists of two 600 megawatts coal-fired generating units. The Huaneng Huaiyin Power Plant (Huaiying Power Plant) is located in the Centre of the Northern Jiangsu Power Grid. The plant has 2 x 220 megawatts coal-fired generating units.
Power Plants in Shanghai Municipality
Huaneng Shanghai Shidongkou First Power Plant (Shidongkou I) is located in the northern region of the Shanghai Power Grid. The plant comprises 3 x 325 megawatts, 1 x 300 and 1 x 320 coal-fired generating units, and has a total installed capacity of 1,270 megawatts. Electricity generated by Shidongkou I is delivered to the Shanghai Municipal Power Grid. Huaneng Shanghai Shidongkou Second Power Plant (Shidongkou II) is located in the northern suburbs of Shanghai. Shidongkou II has an installed capacity of 1,200 megawatts and consists of two 600 megawatts coal-fired supercritical units.
Power Plants in Guangdong Province
Located on the outskirts of the city of Shantou, the Huaneng Shantou Oil-Fired Power Plant (Shantou Power Plant) was set up with the support of the Shantou municipal government and the Guangdong provincial government. In 2007, Shantou Power Plant Phase I consisted of two 300 megawatts coal-fired units. The Company�� construction project in Guangdong Province consists of the Huaneng Haimen Power Plant (Haimen Power Plant), which is planned to consist of two 1,000 mega! watts gen! erating units with a total installed capacity of 2,000 megawatts. The Company owns 100% equity interest in this project.
Power Plants in Shandong Province
Huaneng Dezhou Power Plant (Dezhou Power Plant) is located in Dezhou City, near the border between Shandong and Hebei Provinces. Dezhou Power Plant consists of three Phases, with Phases I consisting of one 320 megawatts and one 330 megawatts coal-fired generating units, Phase II consisting of two 300 megwatts coal-fired generating units, and Phase III consisting of two 700 megawatts coal-fired generating units. Dezhou Power Plant sells its electricity through Shandong Electric Power Corporation. Electricity generated by Dezhou Power Plant is delivered to the Shandong Provincial Power Grid. Huaneng Jining Power Plant (Jining Power Plant) is located in Jining City, near the Jining load Centre and near numerous coal mines.
Huaneng Weihai Power Plant (Weihai Power Plant) is located approximately 16 kilometers southeast of Weihai City, on the shore of the Bohai Gulf. The Company holds a 60% interest in Weihai Power Plant, the remaining 40% interest of which is owned by Weihai Power Development Bureau (WPDB). Weihai Power Plant, developed in two phases, consists of four coal-fired generating units with an aggregate design capacity of 850 megawatts. Huaneng Xindian Power Plant (Xindian Power Plant) is located in Zibo Municipality of Shandong Province.
Power Plants in Zhejiang Province
Huaneng Changxing Power Plant (Changxing Power Plant) is located at the intersection of Zhejiang Province, Jiangsu Province and Anhui Province. Changxing Power Plant has one 125 megawatts and one 135 megawatts coal-fired generating units. Changxing Power Plant sells its electricity to Zhejiang Provincial Electric Power Company. The Yuhuan Power Plant is located in Taizhou of Zhejiang Province and consists of two 1,000 megawatts ultra-supercritical, coal-fired generating units with a total installed capacity of ! 2,000 meg! awatts.
Power Plant in Shanxi Province
Huaneng Yushe Power Plant (Yushe Power Plant) is located in Yushe County of Shanxi Province. Yushe Power Plant Phase I has an installed capacity of 200 megawatts and consists of two 100 megawatts coal-fired generating units. Yushe Power Plant sells all its electricity through the Shanxi Electric Power Corporation. Electricity generated by Yushe Power Plant is delivered to the Shanxi Provincial Power Grid.
Power Plant in Henan Province
Qinbei Power Plant is located in Jiyuan Municipality of Henan Province. Its installed capacity is 2,400 megawatts, which consists of four 600 megawatts supercritical coal-fired generating units.
Power Plant in Jiangxi Province
Huaneng Jinggangshan Power Plant (Jinggangshan Power Plant) is located in Jian City of Jiangxi Province, and has an installed capacity of 600 megawatts and consists of two 300 megawatts coal-fired generating units. Jinggangshan Power Plant sells its electricity through the Jiangxi Electric Power Corporation. Electricity generated by it is delivered to the Jiangxi Provincial Power Grid.
Power Plant in Hunan Province
Huaneng Yueyang Power Plant (Yueyang Power Plant) is located in Yueyang City of Hunan Province. Yueyang Power Plant Phase I has an installed capacity of 725 megawatts and consists of two 362.5 megawatts sub-critical, coal-fired generating units. Yueyang Power Plant Phase II consists of two coal-fired generating units with installed capacity of 600 megawatts. Yueyang Power Plant sells its electricity through the Hunan Electric Power Corporation. Electricity generated by Yueyang Power Plant is delivered to the Hunan Provincial Power Grid.
Power Plant in Chongqing Municipality
Huaneng Luohuang Power Plant (Luohuang Power Plant) is located in Chongqing Municipality. Each of Phase I and Phase II of Luohuang Power Plant has an installed capacity of 720 megawatts and consists ! of two 36! 0 megawatts coal-fired generating units. Luohuang Power Plant Phase III consists of two 600 megawatts coal-fired generating units with an installed capacity of 1,200 megawatts.
Power Plant in Gansu Province
Huaneng Pingliang Power Plant (Pingliang Power Plant) is located in Pingliang City of Gansu Province. It has an installed capacity of 1,200 megawatts and consists of four 300 megawatts coal-fired generating units.
Advisors' Opinion:- [By Jake L'Ecuyer]
Leading and Lagging Sectors
Utilities stocks gained Friday, with Korea Electric Power (NYSE: KEP) leading advancers. Meanwhile, gainers in the sector included Huaneng Power International (NYSE: HNP), with shares up 1.8 percent, and Hawaiian Electric Industries (NYSE: HE), with shares up 1.4 percent. - [By Jake L'Ecuyer]
Utilities sector gained 0.78 percent in the US market today. Among the utilities stocks, Huaneng Power International (NYSE: HNP) was down more than 1.4 percent, while UIL Holdings (NYSE: UIL) tumbled around 0.7 percent.
- [By Jake L'Ecuyer]
Leading and Lagging Sectors
Utilities stocks gained Friday, with Korea Electric Power (NYSE: KEP) leading advancers. Meanwhile, gainers in the sector included Huaneng Power International (NYSE: HNP), with shares up 2.1 percent, and Pampa Energia SA (NYSE: PAM), with shares up 2.5 percent.
Top 10 Information Technology Companies To Buy For 2015: NTT DOCOMO Inc(DCM)
NTT DOCOMO, Inc. provides wireless telecommunications services, packet communications services, and satellite mobile communications services in Japan. It offers wireless voice and data communication services, such as second generation (2G) and third generation (3G) cellular services, and mobile multimedia services. The company provides mova services, on the 2G network, compatible with voice and data communication; FOMA services, on its 3G network, with voice and high-speed data communication, which are compatible with various services, such as videophone and video content downloading; and i-mode services, which are wireless Internet access services. As of March 31, 2010, it had approximately 56.08 million cellular subscribers. NTT DOCOMO also offers packet communications services, such as wireless data communications services using packet switching; satellite mobile communication services for communications in case of emergencies; and international calling and internationa l roaming services. In addition, the company provides mopera U Internet connection services for data cards and smartphones; embedded modules for automobile fleet management, wireless credit card settlement systems, and telemetric systems for automatic inventory checks between vending machines and service centers; and MyArea services that offer high-speed packet communication services for homes. Further, it offers home shopping services through TV media, high-speed Internet connection services for hotel facilities, advertisement services, and credit services, as well as develops, sells, and maintains IT systems. The company was formerly known as NTT Mobile Communications Network, Inc. and changed its name to NTT DOCOMO, Inc. in April 2000. NTT DOCOMO was founded in 1991 and is based in Tokyo, Japan. NTT DOCOMO, Inc. operates as a subsidiary of Nippon Telegraph and Telephone Corporation.
Advisors' Opinion:- [By Evan Niu, CFA]
Sony's big win is directly attributable to a big marketing push by the largest Japanese wireless carrier, NTT DoCoMo (NYSE: DCM ) , which doesn't offer the iPhone. Smaller rivals SoftBank and KDDI have been chipping away at NTT DoCoMo's subscriber base, thanks in part to carrying Apple's device, so NTT DoCoMo is doing something about it.
- [By Dan Carroll]
It was anything but a good week for Japanese telecom carrier NTT DoCoMo (NYSE: DCM ) , however. The wireless leader saw its stock fall 1.4% over the past five days even after reports emerged that Sony (NYSE: SNE ) could be releasing a new phone, the Xperia A, under DoCoMo's network. An FCC filing has shown the Xperia A with a 5-inch screen, and DoCoMo investors could know more when the company unveils its mobile offerings for the summer on May 15.
- [By gurujx]
NTT DoCoMo Inc (DCM) Reached the 52-Week High of $16.43
NTT DoCoMo Inc is a wireless telecommunications services provider. NTT DoCoMo Inc has a market cap of $68.13 billion; its shares were traded at around $16.43 with a P/E ratio of 14.00 and P/S ratio of 1.60. The dividend yield of NTT DoCoMo Inc stocks is 3.50%.
- [By Brian Pacampara]
Based on the aggregated intelligence of 180,000-plus investors participating in Motley Fool CAPS, the Fool's free investing community, Japanese wireless carrier NTT DoCoMo (NYSE: DCM ) has earned a coveted five-star ranking.
Top 10 Information Technology Companies To Buy For 2015: Carpenter Technology Corp (CRS)
Carpenter Technology Corporation (Carpenter), incorporated in 1904, is engaged in the manufacturing, fabrication and distribution of specialty metals. The Company has three reportable segments: Advanced Metals Operations, Premium Alloys Operations, and Emerging Ventures., The Company develops, manufactures and distributes cast/wrought and powder metal stainless steels and special alloys, including high-temperature alloys, controlled expansion alloys, ultra high-strength alloys, implantable alloys, tool and die steels and other specialty metals, as well as cast/wrought titanium alloys. Carpenter provides material solutions to the aerospace, industrial, energy, medical, consumer products and automotive industries. In June 2011, Carpenter acquired Oilfield Alloys Pte. Ltd. In February 2012, the Company acquired Latrobe Specialty Metals, Inc.
Carpenter�� Advanced Metals Operations (AMO) segment includes the manufacturing and distribution of high-temperature and high-strength metal alloys, stainless steels, and titanium in the form of small bars and rods, wire, narrow strip and powder. Products in this segment go through more finishing operations, such as rolling, turning, grinding, drawing, and atomization, than products in its PAO segment. Also, sales in the AMO segment are spread across many end-use markets, including the aerospace, industrial, consumer, automotive, and medical industries. AMO products are sold under the Carpenter, Dynamet, Talley, Carpenter Powder Products and Aceros Fortuna brand names.
Its Premium Alloys Operations (PAO) segment includes the manufacturing and distribution of high temperature and high strength metal alloys and stainless steels in the form of ingots, billets, large bars and hollows. Also, the PAO segment includes conversion processing of metal for other specialty metals companies. A significant portion of PAO sales are to customers in the aerospace and energy industries. The Emerging Ventures segment includes the operations of the recently ! completed acquisitions of Amega West and Oilfield Alloys. The sales of Amega West are to customers in the energy end use market.
The Company��s major classes of products include special alloys, stainless steels and titanium products. special alloys are used in critical components such as rings, discs and fasteners and include heat resistant alloys that range from slight modifications of stainless steels to complex nickel and cobalt base alloys as well as alloys for electronic, magnetic and electrical applications with controlled thermal expansion characteristics, or high electrical resistivity or special magnetic characteristics. Its stainless products include a range of corrositon resistant alloys including conventional stainless steels and many proprietary grades for special applications. Titanium products include corrosion resistant, specialized metal with a combination of high strength and low density.
Advisors' Opinion:- [By Lee Jackson]
Industrials: Carpenter Technology Corp. (NYSE: CRS) manufactures, fabricates�and distributes specialty metals worldwide. It operates in three segments: Specialty Alloys Operations, Latrobe and Performance Engineered Products. Credit Suisse expects earnings per share growth to average 32% in fiscal years 2014 to 2016. This should be driven by double-digit growth in commercial aerospace and energy, coupled with higher incremental margins as a result of improving mix, asset utilization�and Latrobe synergies. The price target for the stock is $72, though the consensus target is lower at $65. Investors are paid a 1.2% dividend. A move to the target price would represent a gain of 20%
- [By Monica Gerson]
Carpenter Technology (NYSE: CRS) shares slipped 3.34% to $64.22 after the company reported preliminary Q3 GAAP earnings of $0.54 to $0.58 per share, versus analysts' estimates of $0.72 per share.
- [By Jake L'Ecuyer]
Carpenter Technology (NYSE: CRS) was down, falling 2.71 percent to $64.64 after the company reported preliminary Q3 GAAP earnings of $0.54 to $0.58 per share, versus analysts' estimates of $0.72 per share.
- [By Jon C. Ogg]
Carpenter Technology Corp. (NYSE: CRS) is one that remains well positioned within Aerospace materials sector, despite industry inventory adjustments still lingering. The firm believes that the value of the Athens facility is underappreciated and is likely to open sooner than the official April date. Sterne Agee also believes that 2014 will be the beginning of a multi-year growth cycle with a significant opportunity to improve cash generation. It even sees 20%+ upside to current levels as 2014 will be a transformational year.
Top 10 Information Technology Companies To Buy For 2015: Vector Group Ltd (VGR)
Vector Group Ltd is a holding company. The Company operates in Tobacco and Real Estate. The Tobacco segment consists of the manufacture and sale of cigarettes. The Real Estate segment includes the Company�� investments in consolidated and non-consolidated real estate businesses. The Company is engaged in the manufacture and sale of cigarettes in the United States through its Liggett Group LLC (Liggett) and Vector Tobacco Inc. (Vector Tobacco) subsidiaries, and the real estate business through its New Valley LLC (New Valley) subsidiary, which is seeking to acquire additional operating companies and real estate properties. New Valley has real estate-related investments, including Douglas Elliman Realty, LLC (Douglas Elliman Realty) (50% interest), New Valley Oaktree Chelsea Eleven LLC (40% interest) and Fifty Third-Five Building LLC (50% interest), Sesto Holdings S.r.L (7.2% interest), MS/WG 1107 Broadway Holdings LLC (1107 Broadway) (5% interest), NV SOCAL LLC (26% interest) and HFZ East 68th Street (18% interest), where other partners hold interests.
As of February 15, 2012, 52 of the 54 units in the Chelsea Eleven LLC real estate development had been sold. During the year ended December, 31, 2011, New Valley invested in MS/WG 1107 Broadway Holdings LLC for an approximate indirect 5% interest. In September 2011, MS/WG 1107 Broadway Holdings LLC acquired the 1107 Broadway property in Manhattan, New York. In February 2011, New Valley invested in Lofts 21 LLC for an approximate 12% interest. In October 2011, New Valley invested in Hill Street Partners LLP (Hill) for an approximate 17.39% interest. Hill purchased a 37% interest in Hill Street SEP (Hotel Taiwana), which owns a hotel located in St. Barts, French West Indies. The hotel consists of 30 suites, six pools, a restaurant, lounge and gym. The purpose of the investment is to renovate and the sell the hotel in its entirety or as hotel-condos. In December 2011, New Valley invested in a condominium conversion project for an approximate 1! 8% interest. The building is a 12-story, 105,000 square foot residential rental building located on 68th Street between Fifth Avenue and Madison Avenue in Manhattan, New York.
Tobacco Operations
Liggett is the operating successor to Liggett & Myers Tobacco Company. During 2011, Liggett was a manufacturer of cigarettes in the United States. Liggett�� manufacturing facilities are located in Mebane, North Carolina where it manufactures most of Vector Tobacco�� cigarettes pursuant to a contract manufacturing agreement. As of December 31, 2011, Liggett and Vector Tobacco have no foreign operations. The Company�� tobacco subsidiaries manufacture and sell cigarettes in the United States. Liggett produces cigarettes in approximately 118 combinations of length, style and packaging. Liggett�� brand portfolio includes PYRAMID, GRAND PRIX , LIGGETT SELECT , EVE and USA and various Partner Brands and private label brands.
Liggett Vector Brands LLC (LVB), which coordinates its tobacco subsidiaries��sales and marketing efforts, along with certain support functions, has an agreement with Circle K Stores, Inc., which operates more than 3,300 convenience stores in the United States under the Circle K and Mac�� names, to supply MONTEGO, a deep discount brand, exclusively for the Circle K and Mac�� stores. The MONTEGO brand was offered under LVB's Partner Brands program. LVB also has an agreement with Sunoco Inc., which operates approximately 675 Sunoco APlus branded convenience stores in the United States, to manufacture SILVER EAGLE. SILVER EAGLE, a deep discount brand, is exclusive to Sunoco and was the second brand to be offered under LVB's Partner Brands program. Liggett also manufactures BRONSON cigarettes as part of a multi-year Partner Brands agreement with QuikTrip, a convenience store chain with more than 580 stores.
New Valley LLC
New Valley is engaged in the real estate business and is seeking to acquire additional real estate properties an! d operati! ng companies. New Valley owns a 50% interest in Douglas Elliman Realty, LLC, which operates residential brokerage company in the New York City metropolitan area. New Valley also holds an investment in a 450-acre approved master planned community in Palm Springs, California (Escena), holds investment interests in various real estate projects in Manhattan, New York, southern California and Milan, Italy through both debt and equity investments.
Douglas Elliman Realty, LLC
Douglas Elliman Realty is engaged in the real estate brokerage business through its two subsidiaries which conduct business as Prudential Douglas Elliman Real Estate. The two brokerage companies have 62 offices with approximately 3,975 real estate agents in the metropolitan New York area. The Long Island brokerage operation, is the residential brokerage company on Long Island with 44 offices and approximately 1,850 real estate agents. During 2011, the Long Island brokerage operation closed approximately 6,163 transactions. Prudential Douglas Elliman Real Estate acts as a broker in residential real estate transactions.
Prudential Douglas Elliman Real Estate also offers relocation services to employers, which provide a variety of specialized services primarily concerned with facilitating the resettlement of transferred employees. These services include sales and marketing of transferees��existing homes for their corporate employer, assistance in finding homes, moving services, educational and school placement counseling, customized videos, property marketing assistance, rental assistance, area tours, international relocation, group move services, marketing and management of foreclosed properties, career counseling, spouse/partner employment assistance, and financial services. Clients can select these programs and services on a fee basis according to their needs. DE Capital Mortgage LLC primarily originates loans for purchases of properties located on Long Island, New York City and Westchester. Approx! imately o! ne-half of these loans are for home sales transactions, in which Prudential Douglas Elliman Real Estate acts as a broker.
Douglas Elliman Realty is also engaged in the management of cooperatives, condominiums and apartments though its subsidiary, Residential Management Group, LLC, which conducts business as Douglas Elliman Property Management and is a manager of apartments, cooperatives and condominiums in the New York metropolitan area. Residential Management Group provides service third-party fee management for approximately 350 properties, representing approximately 47,000 units in New York
The Company competes with Philip Morris USA Inc., Reynolds America Inc., Lorillard Tobacco Company, Commonwealth Brands, Inc., Century-21, ERA, RE/MAX, Coldwell Banker, GMAC Home Services and NRT LLC.
Advisors' Opinion:- [By Dan Dzombak]
Vector Group (NYSE: VGR ) is the third-highest-yielding dividend stock in June with a trailing yield of 9.9%. The company has two main businesse: tobacco and real estate. The company manufactures and sells cigarettes through its Liggett Group and Vector Tobacco subsidiaries under the Pyramid, Grand Prix, Liggett Select, and Eve brands. The company is the fourth-largest cigarette manufacturer in the U.S. behind giants Altria (NYSE: MO ) , Lorillard, and Reynolds American. There are some advantages to being small. Vector has a cost advantage stemming from the settlement between Vector and the U.S.: The company does not have to make annual payments unless its market share exceeds 1.65% of the U.S. market. As such, the company positions its brands as discount cigarettes to capitalize on its advantage.
- [By Sean Williams]
But, it isn't just Lorillard's premium brands that are doing the talking! Lorillard's discount brands, such as Maverick and Old Gold, are giving discount-only brand Vector Group (NYSE: VGR ) , as well as traditionally bigger tobacco producers Altria and Reynolds American a run for their money. This helped push Lorillard's overall cigarette market share up 0.4% year over year to 14.9%. Not surprisingly, Lorillard has delivered market share increases in each of the past 10 years!�
- [By Ben Levisohn]
The IPO has a mixed impact on other real-estate related companies.�Realogy (RLGY) has fallen 0.2% to $43.62, while Vector Group (VGR), which has both tobacco and real-estate brokerage businesses, has dropped 0.5% to $15.99. Zillow�(Z) has jumped 4.1% to $90.44.
Top 10 Information Technology Companies To Buy For 2015: Dollar General Corporation(DG)
Dollar General Corporation operates as a discount retailer of general merchandise in the southern, southwestern, midwestern, and eastern United States. The company offers consumables, including paper towels, bath tissue, paper dinnerware, trash and storage bags, laundry, and other home cleaning supplies; packaged food and perishables; beverages and snacks, such as candies, cookies, crackers, salty snacks, and carbonated beverages; over-the-counter medicines and personal care products; and pet supplies and pet food products. It also provides seasonal products consisting of decorations, toys, batteries, small electronics, greeting cards, stationery, prepaid cell phones and accessories, gardening supplies, hardware, and automotive and home office supplies; home products comprising kitchen supplies, cookware, small appliances, light bulbs, storage containers, frames, candles, craft supplies, and bed and bath soft goods; and apparel products, such as casual everyday apparel for infants, toddlers, girls, boys, women and men, as well as offers socks, underwear, disposable diapers, shoes, and accessories. In addition, the company holds a license to Bobbie Brooks clothing, as well as the Fisher Price brand for various items of children's clothing. As of May 25, 2011, it operates approximately 9,500 stores in 35 states. The company was formerly known as J.L. Turner & Son, Inc. and changed its name to Dollar General Corporation in 1968. Dollar General Corporation was founded in 1939 and is based in Goodlettsville, Tennessee.
Advisors' Opinion:- [By Sean Williams]
Leading the charge higher was discount retailer Dollar General (NYSE: DG ) , which advanced 2.8% on a very weak day following a reiteration of "buy" from TheStreet.com yesterday. Dollar General is the type of company that will benefit from higher taxes and delayed tax refunds because it offers shoppers a clearly defined discount and no-hassle price points. There's always a concern that food inflation could creep back into the picture and stifle margin growth, but for now everything appears to be working in its favor.
- [By Rising Dividend Investing]
Falling Stock Correlation: What It Says About Consumer Spending
As we mentioned in the Take Aways from the August 26th Investment Policy Committee meeting, the correlation index has been steadily declining. In 2008-09, macroeconomic events drove nearly every stock downwards. Specific sectors and stocks moved in tandem with one another. Today, stocks and sub-industries within each sector are performing very differently – which indicates a return to a more normal stock market environment.
The Consumer Discretionary (also known as Consumer Cyclicals) sector is an example of an industry that has been rewarded for its fundamental success over the past 12 months. As a whole, the sector grew sales 6.1% and earnings 9.2% in the second quarter - much better than the 1.4% sales and 3.3% earnings growth of the S&P 500. While the overall sector did well in the second quarter, the table below shows how differently the 5 sub-categories of Consumer Discretionary performed:
(click to enlarge)
As we drill down even further, sub-categories of sub-sectors differ even more dramatically. Below is a snapshot of the Retailing sub-sector and its notable components:
(click to enlarge)
Specific stocks within each sub-category are varying in performance as well. General Merchandise retailers were significantly differentiated in the second quarter. Target’s (TGT) adjusted EPS were up 6.1% from 2012, while Dollar General (DG) and Dollar Tree’s (DLTR) earnings were up nearly 12% and 9%, respectively.
The differences in sales and earnings growth amongst these different industries tell a story. The economy is not improving enough that people feel like they can let go and spend money on pure pleasures, but it is improving enough that they can afford to replace their cars and fix the doors on their houses. As these items wear out and need to be replaced, we expect the pent up demand will drive increased economic activity from cons - [By Inyoung Hwang]
Stephen Penwell, Morgan Stanley�� director of North American equity research, says his firm did a report that featured companies whose profit margins had risen even as global economic events such as the European debt crisis had intensified. They included discount chain Dollar General Corp. (DG), Dunkin��Brands Group Inc. (DNKN) and Web services firm Rackspace Hosting Inc. (RAX)
- [By Geoff Gannon]
Seeing Wal-Mart (WMT) has a P/E of 13 and Costco (COST) has a P/E of 26 and then setting off to prove that Wal-Mart�� prospects are every bit as good as Costco�� is a terrible idea. If you want to buy Wal-Mart stock you need only prove that Wal-Mart is selling for less than the business is worth. You don�� need to know why Wal-Mart sells for less than Costco or Dollar General (DG). In fact, you don�� even need to know how high or low Wal-Mart�� P/E is compared to those businesses. You only need to know one price and understand the value of one business.
Top 10 Information Technology Companies To Buy For 2015: Deutsche Bank AG(DB)
Deutsche Bank Aktiengesellschaft provides investment, financial, and related products and services. The company?s Corporate and Investment Bank division engages in the origination, sale, structuring, and trading of bonds, equities and equity-linked products, exchange-traded and over-the-counter derivatives, foreign exchange, money market instruments, securitized instruments, and commodities to sovereign countries and multinational organizations; and medium-sized companies and multinational corporations. It also offers mergers and acquisitions advisory, corporate finance, and transaction banking, as well as trade finance, cash management, and trust and securities services for financial institutions and other companies. The company?s Private Clients and Asset Management division provides mutual funds and alternative investment products; manages real estate and infrastructure investments and private equity funds; offers advisory and portfolio management services to insurance companies; and provides investment solutions to institutional customers, high net worth individuals, and families. This division also offers a range of banking products and services, including current accounts, deposits and loans, and investment management and pension products to private and self-employed individuals, and small to medium-sized businesses. Its Corporate Investments division?s principal investment activities comprise private equity and venture capital investments, corporate real estate investments, a minority stake in Deutsche Postbank AG, credit exposures, and other non-strategic investments. As of December 31, 2010, the company operated 3,083 branches in approximately 74 countries worldwide, including 2,087 in Germany. Deutsche Bank Aktiengesellschaft was founded in 1870 and is headquartered in Frankfurt am Main, Germany.
Advisors' Opinion:- [By Jesse Solomon]
Banking stocks, including Deutsche Bank (DB) and Barclays (BCS), were down in Europe after Deutsche Bank announced it was raising roughly �� billion ($11 billion) from investors to meet regulatory requirements.
- [By Hibah Yousuf]
Citing people familiar with the situation, the Wall Street Journal said Charter has held talks with Bank of America (BAC, Fortune 500), Barclays (BCS) and Deutsche Bank (DB) to help come up with financing for a Time Warner Cable bid.
- [By Virginia Harrison]
The global foreign exchange market has grown steadily over the last three years and is worth $5.3 trillion a day. Deutsche Bank (DB), Citigroup (C, Fortune 500), Barclays (BCLYF) and UBS (UBS) are among the biggest players in the market. Spokespeople for the banks declined to comment on the investigations.
Top 10 Information Technology Companies To Buy For 2015: Merck & Company Inc.(MRK)
Merck & Co., Inc. provides various health solutions through its prescription medicines, vaccines, biologic therapies, animal health, and consumer care products. The company?s Pharmaceutical segment provides human health pharmaceutical products, such as therapeutic and preventive agents for the treatment of human disorders in the areas of bone, respiratory, immunology, dermatology, cardiovascular, diabetes and obesity, infectious diseases, neurosciences and ophthalmology, oncology, vaccines, and women's health and endocrine. This segment also offers human health vaccines, such as preventive pediatric, adolescent, and adult vaccines. Its Animal Health segment discovers, develops, manufactures, and markets animal health products. This segment offers antibiotics, anti-inflammatory products, vaccines, products for the treatment of fertility disorders, and parasiticides for cattle, swine, horses, poultry, dogs, cats, salmons, and fish. The Consumer Care segment develops, manufac tures, and markets over-the-counter, foot care, and sun care products. Its over-the-counter product line includes non-drowsy antihistamines; treatment for occasional constipation; decongestant-free cold/flu medicine for people with high blood pressure; nasal decongestant spray; and treatment for frequent heartburn. This segment?s foot care products comprise topical antifungal, and foot and sneaker odor/wetness products; and sun care products include sun care lotions, sprays and dry oils; and sunburn relief products. The company serves drug wholesalers and retailers, hospitals, government agencies, physicians, physician distributors, veterinarians, animal producers, and managed health care providers, as well as food chain and mass merchandiser outlets in the United States and Canada. Merck & Co., Inc. was founded in 1891 and is headquartered in Whitehouse Station, New Jersey.
Advisors' Opinion:- [By Sally Jones] �s Current Shares: 1,215,659
Kahn Brothers also increased its position with Merck & Co. Inc. (MRK) by 4.38%, buying 50,998 shares at an average price of $46.81, for a 3.4% gain. For the 1,888,219 shares bought since the second quarter of 2005, Kahn�� average price was $41.90 per share with a 15% gain.
Up 9% over 12 months, MRK has a market cap of $146.12 billion, and trades at a P/E of 24.80, a P/B of 2.70 and a P/S of 3.22. The current share price is $48.39.
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Merck announced its second quarter 2013 financial results highlighting $11 billion in revenue, a decrease of 11%. The company had non-GAAP EPS of $0.84, and GAAP EPS of $0.30. The company reaffirmed its full-year non-GAAP EPS target of $3.45 to $3.55, excluding certain items and a revised GAAP EPS range of $1.84 to $2.05. Merck has seen growth in key franchises including vaccines, diabetes and immunology, and a continued return of cash to shareholders, including the $5 billion accelerated share repurchase announced in May, according to a company press release.
New York Community Bancorp Inc. (NYCB)
Kahn�� Current Shares: 4,006,237
In second quarter 2013, Kahn Brothers also increased its position with another long-time holding, New York Community Bancorp Inc. (NYCB) by 3.74%, buying 144,329 shares at an average price of $13.51, for a 13.8% gain. For the 4,006,237 shares bought since the second quarter of 2005, Kahn�� average cost was $13.48 per share with a 14% gain.
NYCB reported second quarter 2013 GAAP earnings of $122.5 million, or $0.28 per diluted share, and $241.2 million, or $0.55 per diluted share for the six months ending June 30, 2013. The company�� balance sheet shows assets of $44.2 billion as of June 30, 2013. The company had a net income of $501.1 million in 2012.
Up 17% over 12 months, NYCB has a market cap of $6.78 billion, and trades with a P/E of 13.30, a P/B of 1.20, and a P/S of 4.62. The current share price
- [By Chris Hill]
Shares of Intel (NASDAQ: INTC ) rise after the tech giant announces that Samsung will use Intel chips in the next-generation Galaxy tablet. Merck (NYSE: MRK ) hits a five-year high after releasing encouraging results from a phase 1 study on the treatment of advanced melanoma. �Pandora (NYSE: P ) hits a sour note on news that Apple has reached a music licensing deal with Warner Music Group. And General Motors (NYSE: GM ) rises on strong sales numbers. In this installment of Investor Beat, our analysts talk about four stocks making moves.
- [By Dan Caplinger]
Only a couple of stocks posted losses today. Merck (NYSE: MRK ) fell 0.1% in light of a Supreme Court decision that gave the Federal Trade Commission the power to challenge arrangements between primary-drug developers and generic-drug manufacturers that involve upfront payments in exchange for delays in releasing generic versions of name-brand drugs. Clearly, Merck and its peers have incentives to keep brand-name profits going as long as possible, and FTC challenges could reduce their ability to do so going forward.
- [By Max Macaluso, Ph.D.]
Yesterday, Merck (NYSE: MRK ) reported overwhelmingly positive interim results for its experimental melanoma drug lambrolizumab. This antibody, which belongs to an emerging class of cancer therapeutics called PD-1 drugs, was tested in a phase 1B clinical study with a total of 135 patients at three different doses. A 38% response rate was reported across the three cohorts, and patients on a bi-monthly regimen of lambrolizumab at the highest dose (10 milligrams per kilogram) displayed a 52% response rate. The interim results were reported in detail at the American Society of Clinical Oncology�and in the New England Journal of Medicine.
Top 10 Information Technology Companies To Buy For 2015: Fairfax Financial Holdings Ltd (FRFHF)
Fairfax Financial Holdings Limited (Fairfax) is a financial services holding company. The Company, through its subsidiaries, is principally engaged in property and casualty insurance and reinsurance and the associated investment management. The Company�� segments consist of Insurance, Reinsurance, Insurance and Reinsurance Other, Runoff, and Corporate and Other. On December 22, 2011, the Company completed the acquisition of 75% interests in Sporting Life Inc. On August 16, 2011, the Company acquired William Ashley China Corporation. On March 24, 2011, an indirect wholly owned subsidiary of Fairfax completed the acquisition of The Pacific Insurance Berhad. On February 9, 2011, an indirect wholly owned subsidiary of Fairfax completed the acquisition of First Mercury Financial Corporation. In October 2012, its RiverStone runoff subsidiary acquired all the outstanding shares of Brit Insurance Limited. Advisors' Opinion:- [By Charles Sizemore]
BlackBerry (BBRY) has been a value trap that has ensnared more than its share of value hunting investors in recent years — yours truly included. Buying BlackBerry stock will also likely go down in history as the single-worst investing mistake in the otherwise illustrious career of Prem Watsa — the chairman of Fairfax Financial (FRFHF) and the man commonly known as the ��arren Buffett of Canada.��/p>
- [By Tim Brugger]
Citing the letter of intent to be acquired�for $9 a share signed Monday with a consortium led by its largest shareholder, Fairfax Financial (NASDAQOTH: FRFHF ) , BlackBerry� (NASDAQ: BBRY ) �has opted to cancel its conference call and webcast following the 7 .a.m EST release of Q2 earnings this Friday, the company announced yesterday.
- [By Dan Caplinger]
That business model has been so successful that other, smaller insurance companies have emulated it. For instance, Fairfax Financial (NASDAQOTH: FRFHF ) and Markel (NYSE: MKL ) have used the same investing model to take advantage of their respective core insurance businesses. Both Fairfax and Markel have had substantial success, showing the power of using temporarily available premium reserves to make higher-return investments.
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