U.S. stocks fluctuated, after benchmark indexes fell four straight days, as investors weighed data showing faster-than-forecast economic growth and an unexpected drop in jobless claims for clues on the timing of cuts to Federal Reserve stimulus.
Aeropostale Inc. lost 1.4 percent as the retailer�� fourth-quarter loss forecast was wider than estimated. Safeway Inc. (SWY) slid 3.1 percent after Jana Partners LLC cut its stake in the supermarket chain. Apple Inc. rose 1.6 percent as China Mobile Ltd. moved closer to offering its 759 million subscribers iPhones.
The Standard & Poor�� 500 Index (SPX) declined 0.1 percent to 1,791.86 at 10:11 a.m. in New York, trimming an earlier slide of 0.4 percent. The Dow Jones Industrial Average rose 5.07 points, or less than 0.1 percent, to 15,894.84. Trading in S&P 500 stocks was 4.3 percent below the 30-day average at this time of day.
��he numbers today pave the way for the Fed��to cut stimulus, Matthew Kaufler, a portfolio manager at Federated Investors Inc. in Rochester, New York, said by phone. His firm oversees $363.8 billion. ��here�� angst in the short run, but I think it�� only positive in the long run that the Fed begin to taper and extricate itself from being the ultimate market maker.��
Top 10 Communications Equipment Stocks To Invest In 2015: Flow International Corporation(FLOW)
Flow International Corporation, together with its subsidiaries, operates as a technology-based company providing waterjet cutting, surface preparation, and cleaning solutions in the United States, Europe, Asia, and internationally. The company?s products include ultrahigh-pressure water pumps and power waterjet systems used to cut and clean materials. It also offers ultrahigh-pressure surface preparation and industrial cleaning systems used in waterjet cleaning for coating removal; and consumable parts used by the pump and cutting heads during operations, such as seals and orifices, as well as provides related services. The company sells its consumable parts online through flowparts.com in the United States and floweuropeparts.com in Europe. It offers its products to various end-user applications and industries, including automotive, aerospace, paper, job shop, and stone and tile industries. The company was founded in 1974 and is headquartered in Kent, Washington.
Advisors' Opinion:- [By Ben Levisohn]
Flow International (FLOW) has gained 9.6% to $3.99 after it reported a loss of 2 cents a share, below forecasts for a 1 cent profit. Profits were hit by currency fluctuations and a $1.6 million charge.
Hot Supermarket Companies To Invest In Right Now: Primoris Services Corporation(PRIM)
Primoris Services Corporation, a specialty contractor and infrastructure company, provides a range of construction, fabrication, maintenance, replacement, water and wastewater, and product engineering services in the United States and internationally. It offers construction services, including installation of underground pipeline, cable, and conduits for entities in the petroleum, petrochemical, and water industries; installation and maintenance of industrial facilities for petroleum, petrochemical, and water industries; installation of commercial and industrial cast-in-place structures; and construction of highways, as well as industrial and environmental constructions. The company also engages in designing, supplying, and installing high-performance furnaces, heaters, burner management systems, and related combustion and process technologies for clients in the oil refining, petrochemical, and power generation industries, as well as furnishes turnkey project management se rvices and delivers custom engineering solutions. It serves public utilities, petrochemical companies, energy companies, municipalities, state departments of transportation, and other customers. Primoris Services Corporation is based in Dallas, Texas.
Advisors' Opinion:- [By Holly LaFon] ris is a contractor and infrastructure company founded in 1946. It provides services related to construction fabrication, maintenance, replacement, water and wastewater and engineering to clients that are typically major public utilities, petrochemical companies, energy companies, municipalities and others. It doubled its size in 2009 and 2010 when it purchased the James Construction Group and Rockford Corporation, respectively. Primoris��predecessor company, Rhapsody acquisition Corp., had its IPO in 2006, and Primoris merged with Rhapsody in 2008.
Joel Greenblatt bought 59,076 shares at an average price of $13.56 in the fourth quarter. After being relatively flat since its IPO, Primoris��stock price began to rise dramatically in 2011, and Greenblatt bought on a dip in the fourth quarter. In the last year it has appreciated 87 percent.
Primoris��free cash flow and revenue in 2010 bounced back from a down year in 2009 and EBITDA grew each year in the same span of time. Return on equity and return on assets have both declined over the three years, but in the third quarter of 2011 came back strongly. ROE increased to 29.3 percent from 16.1 at year-end 2010, and ROA has increased to 11.4 percent from 4.8 percent at year-end 2010.
The third quarter was good in other ways. The company reached its highest revenue and net income in its 60-year history. However, fluctuations in revenue and earnings may occur over the next several quarters as it completes several major projects. On November 30, it announced $181 million in new contracts.
Primoris��P/E, P/S and P/B ratios:
PRIM pe,ps,pb Interactive Chart
Caribou Coffee (CBOU)
Caribou Coffee is a gourmet coffee company that owns the second-largest number of coffeehouses in the U.S. After rising significantly in the second quarter of 2011, its stock price dropped in the fourth quarter, when Joel Greenblatt purchased it. He bought 52,794 shares at an average price of $13.27.
Hot Supermarket Companies To Invest In Right Now: Crestwood Equity Partners LP (CEQP)
Crestwood Equity Partners LP, incorporated on March 7, 2001, is a master limited partnership. The Company owns the general partner interest (including the distribution rights) and an approximate 4% limited partner interest of Crestwood Midstream.
In addition, the Company's operations include a natural gas storage business in Texas and a natural gas liquid (NGL) and crude oil supply and logistics business that serves customers in the United States and Canada. On October 7, 2013, Crestwood Midstream Partners LP merged into Inergy Midstream, L.P.
Advisors' Opinion:- [By Dan Caplinger]
On Tuesday, Inergy (NYSE: CEQP ) will release its latest quarterly results. The key to making smart investment decisions on stocks reporting earnings is to anticipate how they'll do before they announce results, leaving you fully prepared to respond quickly to whatever inevitable surprises arise. That way, you'll be less likely to make an uninformed knee-jerk reaction to news that turns out to be exactly the wrong move.
Hot Supermarket Companies To Invest In Right Now: CACI International Inc. (CACI)
CACI International Inc, through its subsidiaries, provides information solutions and services to the U.S. federal government and commercial markets in North America and internationally. The company offers enterprise information technology (IT) solutions and services for the design, development, integration, deployment, operations and management, sustainment, and security of clients� infrastructure; information solutions and services that automate the knowledge management lifecycle; and enterprise-level system solutions in the domain of procurement, financial, human capital, logistics, and supply chain management. It also offers intelligence, surveillance, and reconnaissance solutions; command and control solutions to support military, homeland security, law enforcement, border security, emergency response, and disaster relief missions; and develops and manages logistics information systems, and simulation and modeling toolsets, as well as provides logistics engineering se rvices. In addition, the company offers cyber security services that support preparing for, protecting against, detecting, reacting, and responding to the cyber threats; integrated security solutions and services for mitigating and countering the effects of natural, technological, and man-made hazards; geospatial solutions relating to defense, intelligence, homeland security, and commercial applications; and government investigation and litigation support solutions. Further, it provides healthcare IT solutions; identity management solutions; program management, and system engineering and technical assistance services to government program offices; mobility solutions and services; and planning, design, implementation, and management solutions that resolve technical or business needs for commercial and government clients in the telecommunications, education, financial services, healthcare services, and transportation sectors. The company was founded in 1962 and is headquartere d in Arlington, Virginia.
Advisors' Opinion:- [By Rich Smith]
The Department of Defense awarded a dozen separate contracts Thursday, worth more than $225 million in aggregate. Notable winners (among publicly traded companies) included:
- [By Wallace Witkowski]
Shares of CACI (CACI) �fell 8.8% to $68 on moderate volume after the company trimmed its full-year earnings outlook to a range of $5.12 to $5.51 a share and its revenue outlook to a range of $3.5 billion to $3.6 billion. Analysts surveyed by FactSet are expecting $5.78 a share on revenue of $3.71 billion.
Hot Supermarket Companies To Invest In Right Now: Guggenheim CurrencyShares Australian Dollar Trust (FXA)
Guggenheim CurrencyShares Australian Dollar Trust, formerly The CurrencyShares Australian Dollar Trust, is a grantor trust. The Trust issues shares (the Shares) in blocks of 50,000 (a Basket) in exchange for deposits of Australian Dollars and distributes Australian Dollars in connection with the redemption of Baskets. The investment objective of the Trust is for the Shares to reflect the price of Australian Dollars plus accrued interest, if any, less the expenses of the Trust�� operations. The Shares are intended to offer investors an opportunity to participate in the market for the Australian Dollar through an investment in securities. The Shares are bought and sold on New York Stock Exchange (NYSE) Arca like any other exchange-listed security.
The Trust holds Australian Dollars and, from time to time, issues Baskets in exchange for deposits of Australian Dollars and distributes Australian Dollars in connection with redemptions of Baskets. The Sponsor of the Trust oversees the performance of the Trustee and the Trust�� principal service providers. The Sponsor is Rydex Specialized Products LLC. The Sponsor is responsible for payment of administrative and marketing expenses. The Bank of New York Mellon serves as the Trustee. The Trustee is responsible for the day-to-day administration of the Trust, including keeping the Trust�� operational records. JPMorgan Chase Bank, N.A., London Branch is the Depository.
Advisors' Opinion:- [By Fede Zaldua]
The easiest way to go short Australia's currency and long the US dollar is through selling Australian dollar's ETF, the Currency Shares Australian Dollar Trust (FXA), which is still held by John Keeley. Even when the ETF is down by 15% since 2013 started, I believe there is still significant downside potential for the currency.
- [By Dr. Duru]
So, the slight change of wording in the first sentence of the statement is important in that it could be a precursor to other upside adjustments in the RBA's language. If this happens, the Australian dollar (FXA) could take off…exactly what the RBA does not want. In fact, its desire to contain the currency must underlie the strained attempts to contain enthusiasm over the economy.
Hot Supermarket Companies To Invest In Right Now: Taylor Capital Group Inc.(TAYC)
Taylor Capital Group, Inc. operates as the bank holding company for Cole Taylor Bank that provides a range of commercial banking products and services primarily to closely-held commercial customers and their owner operators in the Chicago area. It offers various deposit products, including checking, savings, and money market accounts, as well as time deposits, and other deposit and credit services to commercial clients and community-based customers, including individuals and small local businesses. The company?s commercial lending activities primarily consist of providing loans for working capital and business expansion or acquisition; owner-occupied commercial real estate financing; revolving lines of credit; and stand-by and commercial letters of credit. It also originates and sells mortgage loans. In addition, the company provides treasury cash management services, including repurchase agreements, Internet balance reporting, remote deposit capture, positive pay, automa ted clearing house products, imaged lock-box processing, controlled disbursement, and account reconciliation services to commercial clients; and investment management and brokerage services. Further, it offers asset-based financing, including revolving lines of credit supported by receivables and inventory; and term loans supported by equipment and real estate. The company?s target commercial lending customers include businesses engaged in various industries, such as manufacturing, wholesale and retail distribution, transportation, construction contracting, and professional services. It operates through nine banking centers in the Chicago area. The company was founded in 1929 and is headquartered in Rosemont, Illinois.
Advisors' Opinion:- [By Rich Duprey]
Looking to expand its banking business in the Windy City, MB Financial (NASDAQ: MBFI ) jointly announced with Taylor Capital (NASDAQ: TAYC ) that it was buying the�holding company of�Cole Taylor�Bank, a Chicago-based commercial bank with $5.9 billion in assets, $3.3 billion in loans, and $3.7 billion in deposits.
- [By Sean Williams]
What: Shares of Taylor Capital (NASDAQ: TAYC ) , the holding company of Cole Taylor Bank, a commercial and consumer lending and financial services company located in the Chicago area, skyrocketed as much as 22% after agreeing to be purchased by MB Financial (NASDAQ: MBFI ) .
No comments:
Post a Comment