We're in the midst of a busy earnings week, and announcements between yesterday's close and today's open weren't particularly impressive to investors. That caused a broad sell-off, and the Dow Jones Industrial Average (DJINDICES: ^DJI ) is down 0.83% near the end of trading, while the S&P 500 (SNPINDEX: ^GSPC ) is off 1.35%.
Intel (NASDAQ: INTC ) reported a slightly disappointing quarter, with revenue falling 2% to $12.6 billion and earnings per share of $0.40 falling a penny below expectations. The PC business fell 6%, but that's not so bad, given the 14% decline in PC sales reported by IDC earlier this month. Growth in cloud computing helped push data center sales 7.5% higher on a big pickup in server demand. These weren't really impressive numbers, but the stock is up 0.6% today because they could have been much worse. There's still concern about the decline in the PC, but management kept its full-year guidance intact, which indicates a bullish outlook on growth markets like servers and mobile.�
10 Best Heal Care Stocks To Invest In 2015: Brocade Communications Systems Inc.(BRCD)
Brocade Communications Systems, Inc. supplies networking equipment comprising end-to-end Internet protocol based Ethernet and storage area networking solutions. Its Data Storage segment provides infrastructure products and solutions, including directors, switches, routers, fabric-based software applications, distance/extension products, management applications, and utilities to centralize data management; and host bus adapters, converged network adapters, mezzanine cards, and switch modules for bladed servers. The company?s Ethernet Products segment offers Open Systems Interconnection Reference Model (OSI) Layer 2-3 switches and routers, which enable the use of bandwidth-intensive network business applications and digital entertainment on local area networks and wide area networks; and OSI Layer 4?7 switches that allow enterprises and service providers to build network infrastructures to direct the flow of traffic, and file area network products and associated management s olutions. The company?s Global Services segment provides break/fix maintenance, extended warranty, installation, consulting, network management, and related software maintenance and support services; consulting and support services that assist customers in designing, implementing, deploying, and managing networking solutions; and post-contract customer support and extended warranties. It serves various businesses and organizations, which include global enterprises and service providers, such as telecommunication firms, cable operators, and mobile carriers. The company has a strategic partnership with LG-Ericsson. It offers its products and services to end-user customers directly, and through various distribution partners comprising original equipment manufacturers, distributors, systems integrators, and value-added resellers in the United States, western Europe, Japan, and the greater Asia Pacific region. The company was founded in 1995 and is headquartered in San Jose, Cali fornia.
Advisors' Opinion:- [By rusticnomad]
Brocade Communications (BRCD) is another company that provides solutions similar to EMC, but it is a smaller player. Brocade earns 50% of its total revenue from its core service of storage area networks (SAN). However, it faced a 7% decline in revenue in the second quarter from the prior year period. This can be concerning for investors. With major players like Cisco (CSCO), Brocade faces fierce competition for its core business and the company might be in for tough times.
- [By Holly LaFon]
Some of Elliott Management�� top equity positions in the first quarter 2012 are Brocade Communications Systems (BRCD), Delphi Automotive (DFG), Iron Mountain (IRM) and News Corp. (NWS).
- [By Lauren Pollock]
Brocade Communications Systems Inc.(BRCD) raised its stock buyback program to $1 billion from $308 million, as the company cited confidence in generating greater cash flow as well as its long-term business prospects. Shares rose 3.8% premarket to $8.49.
- [By Lauren Pollock]
Brocade Communications Systems Inc.'s(BRCD) fiscal fourth-quarter earnings rose 19% as stronger margins and decreased costs offset lower revenue for the maker of data and storage-network products. Adjusted profit for the period exceeded the company’s expectations, sending shares up 5.3% to $8.52 premarket.
Top 10 Penny Companies To Own For 2014: China Digital TV Holding Co. Ltd.(STV)
China Digital TV Holding Co., Ltd., through its subsidiaries, provides conditional access (CA) systems to digital television markets in the People?s Republic of China. Its CA systems consist of smart cards and head-end software for television network operators, as well as terminal-end software for set-top box manufacturers, which enable digital television network operators to control the distribution of content and value-added services to their subscribers and block unauthorized access to their networks The company licenses its set-top box design to set-top box manufacturers and sells advanced digital television application software, such as electronic program guides and subscriber management systems to digital television network operators. It also provides system integration services for television network operators. China Digital TV Holding Co., Ltd. sells its CA systems and digital television application software to television network operators, including cable, satell ite, and terrestrial television network operators and enterprises that maintain private cable television networks within their facilities. As of December 31, 2009, it had installed CA systems at 244 digital television network operators in 27 provinces, autonomous regions, and centrally administered municipalities in the People's Republic of China. The company was founded in 2004 and is headquartered in Beijing, the People?s Republic of China.
Advisors' Opinion:- [By Garrett Cook]
In trading on Friday, technology shares were relative leaders, up on the day by about 0.63 percent. Meanwhile, top gainers in the sector included OpenTable (NASDAQ: OPEN), up 47 percent, and China Digital TV Holding Co (NYSE: STV), up 9 percent.
Top 10 Penny Companies To Own For 2014: Gentiva Health Services Inc.(GTIV)
Gentiva Health Services, Inc. provides home health services and hospice care in the United States. The company offers skilled nursing and therapy services, paraprofessional nursing services, and homemaker services primarily to adult and elderly patients through licensed and Medicare-certified agencies. It also provides its services through specialty programs comprising Gentiva Orthopedics, which offers individualized home orthopedic rehabilitation services to patients recovering from joint replacement or other major orthopedic surgery; Gentiva Safe Strides that provides therapies for patients with balance issues; and Gentiva Cardiopulmonary, which helps patients and their physicians manage heart and lung health in a home-based environment. In addition, the company offers services through Gentiva Neurorehabilitation, which helps patients who have experienced a neurological injury or condition by removing the obstacles to healing in the patient?s home; Gentiva Senior Health that addresses the needs of patients with age-related diseases and issues; and Rehab Without Walls unit, which provides neurorehabilitation therapies for patients with traumatic brain injury, cerebrovascular accident injury, and acquired brain injury. Further, it offers consulting services to home health agencies, which include operational support, billing and collection activities, and on-site agency support and consulting. Additionally, the company provides hospice services primarily in the patient?s home or other residence, such as an assisted living residence or nursing home, as well as in a hospital. Gentiva Health Services, Inc. was founded in 1999 and is headquartered in Atlanta, Georgia.
Advisors' Opinion:- [By Sean Williams]
Last week, we saw home-health sector stocks like Amedisys (NASDAQ: AMED ) and Gentiva Health Solutions (NASDAQ: GTIV ) get clobbered because the Centers for Medicare and Medicaid Services recommended a 1.5% reduction in Medicare reimbursements each year between 2014 and 2017. With Amedisys and Gentiva reliant on Medicare for more than 80% and 90% of their revenue, respectively, it could put hospitals that rely on government reimbursements in a growth bind.�
Top 10 Penny Companies To Own For 2014: The Cushing MLP Total Return Fund(SRV)
Cushing MLP Total Return Fund is a closed-end mutual fund launched by Swank Capital, LLC. The fund is managed by Swank Energy Income Advisors L.P. It invests in the public equity and fixed income markets across the globe with a focus in United States. The fund typically invests in MLPs, Other Natural Resource Companies, and global commodities. It primarily invests in the securities of MLPs, other equity securities, debt securities, and securities of non-U.S. issuers employing a fundamental analysis. Cushing MLP Total Return Fund was formed on May 23, 2007 and is domiciled in Dallas.
Advisors' Opinion:- [By Robert Rapier]
As I write this, Tortoise Pipeline and Energy (NYSE: TTP) trades at a discount of 15.1 percent to its underlying assets, while at the other end of the spectrum Cushing MLP Total Return Fund (NYSE: SRV) trades at a 17.4 percent premium. The average MLP closed-end fund listed trades at a 4.9 percent discount, which is perhaps reasonable given the loss of certain tax advantages and the fact that management fees will eat into returns.
- [By Robert Rapier]
As I write this, Tortoise Pipeline and Energy (NYSE: TTP) trades at a discount of 15.1 percent to its underlying assets, while at the other end of the spectrum Cushing MLP Total Return Fund (NYSE: SRV) trades at a 17.4 percent premium. The average MLP closed-end fund listed trades at a 4.9 percent discount, which is perhaps reasonable given the loss of certain tax advantages and the fact that management fees will eat into returns.
Top 10 Penny Companies To Own For 2014: Sanderson Farms Inc.(SAFM)
Sanderson Farms, Inc., an integrated poultry processing company, engages in the production, processing, marketing, and distribution of fresh, frozen, processed, and prepared chicken products. The company?s prepared chicken product line includes institutional and consumer packaged partially cooked or marinated chicken items. It sells ice pack, chill pack, bulk pack, and frozen chicken in whole, cut-up, and boneless form under the Sanderson Farms brand name. The company sells its products to retailers, distributors, and casual dining operators in the southeastern, southwestern, northeastern, and western United States, as well as to the United States based customers who resell frozen chicken into export markets. Sanderson Farms, Inc. was founded in 1947 and is headquartered in Laurel, Mississippi.
Advisors' Opinion:- [By Rich Duprey]
The four biggest chicken processors in the country are Tyson Foods (NYSE: TSN ) ,�JBS, Perdue, and�Sanderson Farms� (NASDAQ: SAFM ) , which slaughter 60% of all the chickens consumed in the country, and according to the National Chicken Council, the industry has invested tens of millions of dollars in technology and scientific processes to minimize any risks to the buying public. Indeed, every�factory-scale slaughterhouse has four USDA inspectors overseeing its kill lines.�
Top 10 Penny Companies To Own For 2014: Hawaiian Holdings Inc.(HA)
Hawaiian Holdings, Inc., through its subsidiary, Hawaiian Airlines, Inc., engages in the scheduled air transportation of passengers and cargo. It offers daily service on transpacific routes between Hawaii and Los Angeles, Oakland, Sacramento, San Diego, San Francisco, and San Jose, California; Las Vegas, Nevada; Phoenix, Arizona; Portland, Oregon; and Seattle, Washington, as well as daily service on its inter island routes among the four islands of the State of Hawaii. The company also provides scheduled service on its Pacific routes between Hawaii and Pago Pago, American Samoa; Papeete, Tahiti; Sydney, Australia; Manila, Philippines; Tokyo, Japan; and Seoul, South Korea, as well as other ad hoc charters. As of December 31, 2010, its fleet consisted of 15 Boeing 717-200 aircraft for its interisland routes; 18 Boeing 767-300; and 3 Airbus A330-200 aircrafts for its transpacific, Pacific, and charter routes. Hawaiian Holdings, Inc. was founded in 1929 and is headquartered in Honolulu, Hawaii.
Advisors' Opinion:- [By Michele Lerner, The Motley Fool]
Alan Diaz/APAmerican Airlines did better at staying on schedule last year than it did in 2012, when it accused pilots of a work slowdown. DALLAS -- A big drop in customer complaints helped U.S. airlines post their best ratings ever even though more flights were late and more bags were mishandled, according to a report released Monday by university researchers. Virgin America topped the ratings, and three regional airlines scored at the bottom. Among the four biggest airlines, Delta Air Lines (DAL) ranked best followed by Southwest (LUV), American (AAL) and United (UAL), according to researchers from Wichita State University and Embry-Riddle Aeronautical University. The researchers have graded airlines since 1991 on government figures for on-time performance, mishandled bags, bumping passengers, and complaints filed with the U.S. Department of Transportation. Their key findings: On-Time Performance: Airlines operated 78.4 percent of their flights on time in 2013, down from 81.8 percent in 2012. Best: Hawaiian Airlines (HA); worst: American Eagle. Only two airlines improved: American Airlines and United. Bag Handling: The rate of lost, stolen or delayed bags rose 5 percent. Best: Virgin America; worst: American Eagle. Bumping: The rate of bumping passengers from flights fell 8 percent. Best: JetBlue Airways (JBLU); worst: SkyWest (SKYW). Complaints: Consumer complaints to the government dropped 15 percent in 2013 after rising 20 percent the year before. Best: Southwest Airlines; worst: Frontier (RJET). One of the report's authors, Wichita State business professor Dean Headley, credited the drop in complaints partly to United Airlines. The company suffered several computer-network outages and grounded hundreds of flights in 2012 when it combined the United and Continental computer networks after a merger, but "got their act together" in 2013, he said. Headley said the drop in complaints might also reflect "a certain amount of resignation" that "it's neve
- [By Ben Levisohn]
Last week Hawaiian Airlines (HA) announced they will suspend service from Honolulu to Fukuoka after two years of unprofitable service. Hawaiian stated the market was not profitable. Delta recently started flying Honolulu-Fukuoka (and they have hedged the Yen at 80); both US airlines were operating about half full. As a result of Hawaiian leaving the market, we expect Delta’s load factors to improve. Delta has been slowly overlaying a lot of competitor capacity on the West Coast, especially to / from Seattle…
- [By Rich Smith]
Following up on January's announcement that Hawaiian Airlines (NASDAQ: HA ) is buying 16 new A321neo airliners from Airbus -- and optioning nine more -- airplane engine maker United Technologies (NYSE: UTX ) said Thursday that it will be supplying the engines for all 25 airplanes.
- [By Adam Levine-Weinberg]
Earlier this month, Allegiant announced a new route that marks a significant shift in the company's philosophy. Beginning in late October, Allegiant will serve the busy Los Angeles-Honolulu route twice a week. This route is already served by all three major network carriers, as well as Hawaiian Airlines (NASDAQ: HA ) , with each carrier offering multiple daily flights. What is Allegiant up to? More importantly, will it work?
Top 10 Penny Companies To Own For 2014: Enstar Group Limited (ESGR)
Enstar Group Limited, through its subsidiaries, acquires and manages insurance and reinsurance companies in run-off. The company settles insurance and reinsurance claims. It also offers management and consultancy, claims inspection, and reinsurance collection services to its affiliates and third-party clients. The company operates in the United States, Bermuda, the United Kingdom, Europe, and Australia. Enstar Group Limited was formerly known as Castlewood Holdings Limited and changed its name to Enstar Group Limited. Enstar Group Limited was founded in 2001 and is based in Hamilton, Bermuda.
Advisors' Opinion:- [By Matt Koppenheffer and David Hanson]
In this segment from Thursday's Where the Money Is, Motley Fool financial analysts Matt Koppenheffer and David Hanson discuss Matt's stock pitch of the week, Enstar Group Ltd. (NASDAQ: ESGR ) . In the insurance world, insurers can start an insurance business, or a line of insurance, that ends up performing poorly. This can force the insurer to then put that line of insurance, or the entire business, into what is known as run-off. This means they are no longer selling policies, and will only continue to manage the existing policies for the life of those policies. That is where Enstar comes in.
No comments:
Post a Comment