The rollercoaster ride continued on Wall Street today, but stocks swung back near breakeven in late trading to save what could have been a very bad day. In early trading the Dow Jones Industrial Average (DJINDICES: ^DJI ) dropped 127 points on the back of a big overnight drop in the Japanese stock market and a report showing contraction in China's manufacturing. HSBC said preliminary data for its Purchasing Managers' Index in China showed a reading of 49.6, which signals slight contraction and continues a streak of falling numbers. But by the last hour of the trading session, Wall Street had moved on from problems in Japan and China, and the Dow was down just 0.06%, while the S&P 500 (SNPINDEX: ^GSPC ) had fallen 0.25%. �
The big headline of the day was Hewlett-Packard's (NYSE: HPQ ) surprise earnings beat and the stock's 16.4% jump today. After the market closed last night the company reported�adjusted earnings per share of $0.87 and a 10% decline in fiscal second-quarter revenue to $27.6 billion. Both were enough to beat estimates, and the $0.06 earnings beat was the big driver of the stock's move today. Better-than-expected earnings from HP are great, but let's not forget that every operating segment is in decline, and profit only beat expectations by virtue of massive cost-cutting efforts.�
Top 10 Canadian Stocks To Buy For 2015: Intuit Inc.(INTU)
Intuit Inc. provides business and financial management solutions for small and medium-sized businesses, consumers, accounting professionals, and financial institutions primarily in the United States, Canada, India, Singapore, and the United Kingdom. The company offers QuickBooks financial and business management software and services, technical support, financial supplies, and Web site design and hosting services for small and medium-sized businesses; and payroll products and services, as well as merchant services comprising credit and debit card processing, electronic check conversion, and automated clearing house services for small businesses. It also provides TurboTax income tax preparation products and services for consumers and small business owners; Lacerte and ProSeries professional tax products and services; and QuickBooks Premier Accountant Edition and the QuickBooks ProAdvisor Program for accounting professionals. In addition, the company offers outsourced online financial management solutions for banks and credit unions; Quicken personal finance products and services; Mint.com online personal finance services; and Intuit Health online patient-to-provider communication solutions. It sells its products and services through various sales and distribution channels, including Websites, promotions, retail channels, and call centers, as well as through alliance partners, principally consisting of banks, credit unions, and securities and investment firms. The company was founded in 1983 and is headquartered in Mountain View, California.
Advisors' Opinion:- [By Amanda Alix]
Recently, al-Qassam reemerged after a break, threatening more mayhem. American Banker�quoted an analyst from Intuit (NASDAQ: INTU ) , a business and financial software provider, as noting that DDoS attacks "have less of an impact" on banks' business than those designed to hide more nefarious cyber activities. Another analyst from NSS Labs, an information and security research and advisory firm, stated that DDoS assaults in and of themselves don't really cost banks much, though they are inconvenient for customers.
Top 10 Integrated Utility Stocks To Watch For 2014: United Rentals Inc.(URI)
United Rentals, Inc., through its subsidiaries, operates as an equipment rental company. It offers approximately 3,000 classes of equipment for rent to customers comprising construction and industrial companies, manufacturers, utilities, municipalities, homeowners, and government entities. The company?s fleet of rental equipment includes general construction and industrial equipment, such as backhoes, skid-steer loaders, forklifts, earthmoving equipment, and material handling equipment; aerial work platforms consisting of boom lifts and scissor lifts; and general tools and light equipment, including pressure washers, water pumps, generators, heaters, and power tools. Its fleet also comprise trench safety equipment, such as trench shields, aluminum hydraulic shoring systems, slide rails, crossing plates, construction lasers, and line testing equipment for underground work; and power and heating, ventilating, and air conditioning (HVAC) equipment, which consists of portable diesel generators, electrical distribution equipment, and temperature control equipment, including heating and cooling equipment. In addition, the company sells new and used equipment, as well as related contractor supplies, parts, and service; and offers repair, maintenance, and rental protection services. Further, it develops and markets RENTALMAN, an enterprise resource planning application for equipment rental companies; and INFOMANAGER, which offers solution for creating a business intelligence system. As of January 1, 2012, the company had an integrated network of 529 rental locations in the United States and Canada. United Rentals, Inc. was founded in 1997 and is headquartered in Greenwich, Connecticut.
Advisors' Opinion:- [By Monica Gerson]
United Rentals (NYSE: URI) is estimated to post its Q3 earnings at $1.60 per share on revenue of $1.32 billion.
eBay (NASDAQ: EBAY) is projected to post its Q3 earnings at $0.63 per share on revenue of $3.90 billion.
Top 10 Integrated Utility Stocks To Watch For 2014: Axcelis Technologies Inc.(ACLS)
Axcelis Technologies, Inc., together with its subsidiaries, designs, manufactures, and services ion implantation, dry strip, and other processing equipment used in the fabrication of semiconductor chips in the United States, Europe, and the Asia Pacific. It offers a line of high energy, high current, and medium current ion implanters for various applications, such as line of single wafer implanters, known as the Optima platform, comprising the Optima XE, the Optima HD, and the Optima MD. The company also offers dry strip tools, including the Integra RS, which comprises paired-chamber process modules. In addition, it provides aftermarket services and support, such as spare parts, equipment upgrades, maintenance services, and customer training. The company sells its equipment and services through direct sales force, distributors, and manufacturing representatives. Axcelis Technologies was founded in 1995 and is headquartered in Beverly, Massachusetts.
Advisors' Opinion:- [By Ben Axler]
An old spin-out of Eaton Corp. (ETN), Axcelis Technologies (ACLS) designs, manufactures and services ion implantation, dry strip and other processing equipment used in the fabrication of semiconductor chips. The semiconductor capital equipment industry is very cyclical, and as a smaller player in the industry, ACLS has not been immune, and gone through protracted periods of losses. In the past few years, the company has taken numerous steps to reposition itself for the next cyclical upswing by listening to its customers and investing heavily in R&D to revamp its product line to expand its addressable market opportunity, right-sizing its cost structure to substantially lower its breakeven level, establishing new collaborative partnerships, and optimizing its balance sheet to unlock value. Now with signs of a cyclical upswing occurring, and being led by memory - Micron (MU) and SanDisk (SNDK), ACLS is poised for accelerating earnings potential beginning in Q4'2013 that could drive its stock price substantially higher. However, with a few nearer-term catalysts on the horizon, investors may not want to wait too long before purchasing shares. As an early indicator, investors should consider that insiders recently purchased the stock in the open market in August at current levels. These stock purchases coincide with the one year anniversary of ACLS's new Purion M product line entering an evaluation period with a major customer. Sell-side analysts are starting to take notice and listening in to the company's recent conference call, which at least opens the door to new broker initiations in the future. The downside risk appears mitigated by ACLS's strengthened balance sheet, and dramatically improved operating financial model that has stemmed further cash burn. As the company hits an inflection point with new customer contracts and proves its earnings cycle is under way, we expect ACLS's valuation discount to peers to narrow and the stock to appreciate substantially
- [By Stephen Simpson, CFA]
The major dry strip product today is Suprema - Mattson's most advanced tool, and one that uses inductively coupled plasma (ICP) technology and vacuum transfer. Two of the company's primary competitors use one but not the other, while the third uses both but charges about 20% more for its tools. According to Gartner, Mattson holds about 22% market share in this roughly $180 million/year market, with Lam Research (which acquired Novellus and dry strip IP from Axcelis (ACLS)) and PSK as the primary competitors.
Top 10 Integrated Utility Stocks To Watch For 2014: Petrodorado Energy Ltd (PDQ)
Petrodorado Energy Ltd. (Petrodorado), formerly Cap-Link Ventures Ltd., is engaged in petroleum and natural gas exploration and development activities in Colombia, Peru and Paraguay. The Company�� oil and gas interests are in the pre-production stage other than for two blocks in Colombia. As of December 31, 2010, Petrodorado�� oil and gas assets produced net 15,922 barrels of oil, natural gas and natural gas liquids (NGLs). As of December 31, 2010, it had participation in nine oil and gas blocks. In Columbia, the Company had Moriche Block, CPO-5 Block, Buganviles Block, La Maye Block, Talora Block and Tacacho Block. In Peru, its block included Block 135 and Block 138. In Paraguay, Petrodorado had Pirity Block. On October 27, 2010, it acquired all outstanding interest of PetroSouth Energy Corporation. In February 2010, Petrodorado, completed its acquisition of a 55% interest of the Talora Block. In February 2010, it closed the purchase of Holywell Resources S.A. (Holywell). Advisors' Opinion:- [By Ning Jia]
The average size of its stores is 7,300 square feet with the size of its stores ranging from approximately 6,000 to 8,000 square feet. Its stores carry a product offering of approximately 19,000 stock keeping units (SKUs), generally consisting of a custom mix of product based on the stores' respective market. Its stores also have access to an additional assortment of 115,000 SKUs for same-day or next-day delivery from one of its 339 HUB stores or its network of 22 Parts Delivered Quickly (PDQ), facilities. Additionally, its customers have access to over 483,000 SKUs by ordering directly from one of its vendors for delivery to a particular store or other destination as chosen by the customer.
Top 10 Integrated Utility Stocks To Watch For 2014: Asanko Gold Inc (AKG)
Asanko Gold Inc., incorporated on September 23, 1999, is a natural resource company engaged in the acquisition and exploration of mineral resources in West Ghana. Its mineral properties are in the exploration and development stage. Its primary property is the Esaase project. The Company is focused on advancing the Esaase Gold Project to commercial production. In addition to its principal project, the Company holds a portfolio of other Ghanaian gold concessions in various stages of exploration. As of February 28, 2014, the Company�� material properties consisted of the Asanko Gold Mine project, the Asumura Property and the Diaso Property, all in West Ghana, Africa. In February 2014, Asanko Gold Inc successfully completed the acquisition of PMI Gold Corporation.
Asanko Gold Mine Property
The Asanko Gold Mine Property is a development stage property located in the Amansi East District of Ghana, approximately 35 kilometers south west of the regional capital Kumasi. The property comprises the Nkran pit, the Adubiaso pit, the Dynamite Hill deposit, the Asuadai deposit, the Abore pit and the Esaase deposit. The Property has gold resources of approximately 7.52 million ounces and gold reserves of approximately 4.81 million ounces.
The Asumura Property
The Asumura Property is without known resources or reserves and the work being done by the Company is exploratory in nature. The Asumura Property is located in the south-western part of Ghana and is divided into two parts by the Bia River. The western part of the property is within the Western Region of Ghana in the Juabeso Bia District and the eastern part is in the Brong Ahafo Region of Ghana. The Asumura Property consists of two exploration concessions: Fosukrom and Asumura, which together equal 279.4 square kilometers.
Advisors' Opinion:- [By MONEYMORNING]
As well, Primero Mining (NYSE: PPP) bought Brigus Gold Corp (USA)(NYSE: BRD) for $220 million, and Asanko Gold (NYSEMKT: AKG) is acquiring PMI Gold Corporation (TSE: PMV).
Top 10 Integrated Utility Stocks To Watch For 2014: Spartan Motors Inc (SPAR)
Spartan Motors, Inc. is an engineer and manufacturer in the heavy-duty, custom vehicles marketplace. The Company has five wholly owned operating subsidiaries: Spartan Motors Chassis, Inc. (Spartan Chassis), Crimson Fire, Inc. (Crimson), Crimson Fire Aerials, Inc. (Crimson Aerials), Utilimaster Corporation (Utilimaster) and Classic Fire LLC (Classic Fire). Spartan Chassis is a designer, engineer and manufacturer of custom heavy-duty chassis. The chassis consist of a frame assembly, engine, transmission, electrical system, running gear (wheels, tires, axles, suspension and brakes) and, for fire trucks and some specialty chassis applications, a cab. Crimson engineers and manufactures fire trucks built on chassis platforms purchased from either Spartan Chassis or outside sources. Crimson Aerials engineers and manufactures aerial ladder components for fire trucks. Classic Fire engineers and manufactures fire trucks that are built on commercial chassis. Utilimaster is a manufacturer of specialty vehicles made to customer specifications in the delivery and service market, including walk-in vans and hi-cube vans, as well as truck bodies. The Company is organized into two segments: Specialty Vehicles, which consists of the Company's emergency response chassis, motor home chassis, specialty vehicle chassis, emergency response bodies and related aftermarket parts and assemblies operations, and Delivery and Service Vehicles, consisting of delivery and service vehicles. On April 1, 2011, the Company acquired Classic Fire LLC (Classic Fire). In January 2013, the Company sold majority of its Wakarusa, Indiana facility to Forest River, Inc. On December 31, 2013, the Company sold its residual 35% interest in Folkestone SI 1 Pty Ltd to Folkestone Limited.
Specialty Vehicles
The Company's Specialty Vehicles segment consists of four wholly owned subsidiaries, Spartan Chassis, Crimson, Crimson Aerials, and Classic Fire. Spartan Chassis designs and manufactures custom chassis for emergency respons! e vehicles, motor homes and other specialty vehicles. Crimson and Classic Fire specialize in the manufacture of emergency response bodies, while Crimson Aerials specializes in the engineering and manufacture of aerial ladders and emergency response vehicle bodies. Sales from the Specialty Vehicles segment represented 61.1% during the year ended December 31, 2011.
The Company manufactures emergency response chassis and cabs to exact customer specifications. The Company has four fire truck models: Gladiator chassis, Metro Star chassis, Spartan Force chassis and Metro Star RT (rescue transport). The Company engineers and manufactures bodies for custom and commercial emergency response vehicles and apparatus. The Company engineers, manufactures and markets aerial ladder components for fire trucks. The Company manufactures chassis to the individual specifications of its motor home chassis original equipment manufacturers (OEM). Motor home chassis are into three models: Mountain Master series chassis, K2 series chassis and K3 series chassis.
Through its Spartan Chassis subsidiary, the Company develops specialized chassis to unique customer requirements. The Company also assembles the Isuzu N-Series Gasoline Cab-Forward Trucks.
Delivery and Service Vehicles
The Company manufactures delivery and service vehicles. The Company designs, develops, and manufactures products to customer specifications for use in the package delivery, one-way truck rental, bakery/snack delivery, utility, and linen/uniform rental businesses. The majority of its revenues are in the delivery and service market, which includes walk-in vans for the package delivery, bakery/snack delivery and linen/uniform rental markets. Its remaining revenues are from commercial truck bodies, along with aftermarket parts and assemblies. Sales from the Delivery and Service Vehicles segment represented 48.9% for the year ended December 31, 2011. The principal types of commercial vehicles are walk-in vans,! cutaway ! vans and truck bodies. Walk-in vans are sold under the Aeromaster brand. Cutaway vans are installed on cutaway van chassis, and are sold under the Utilimaster, Utilivan, Metromaster and Trademaster brand names. Cutaway bodies are primarily used for local delivery of parcels, freight and perishable food.
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 Spartan Motors (Nasdaq: SPAR ) , whose recent revenue and earnings are plotted below. - [By John Seward]
Timken Steel Corp. will replace Greenhill & Co. (NYSE: GHL), and Greenhill replaces Spartan Motors Inc. (NASDAQ: SPAR) in the SmallCap 600 June 30. Timken Co. (NYSE: TKR) is spinning off TimkenSteel to shareholders.
Top 10 Integrated Utility Stocks To Watch For 2014: IB Securities Joint Stock Co (VIX)
IB Securities Joint Stock Company, formerly XuanThanh Securities Joint Stock Company is a Vietnam-based company engaged in the provision of investment services. It provides securities brokerage services through multiple forms, such as VOpen, VSHM, VTrade, VPhone, VMobile and VSMS. The Company is also involved in securities trading, as well as the provision of investment advice, custody services and underwriting services. In addition, it provides financial services for corporate events, such as corporate restructurings, equitizations, stock listings, share auctions, mergers and acquisitions, equity offerings and bond offerings. Advisors' Opinion:- [By Callie Bost]
The Chicago Board Options Exchange Volatility Index (VIX), the gauge of S&P 500 options known as the VIX, plunged 7.7 percent, halting a record eight-day rally that had added 23 percent to the measure.
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