Tuesday, October 28, 2014

10 Best Managed Healthcare Stocks For 2014

A full service underwriter of fixed annuity and life insurance products, American Equity Investment Life Holding Company (AEL) is offering 6.625% senior unsecured notes worth $400 million with maturity scheduled on Jul 15, 2021. The company announced its intention to relaunch the notes on Jul 11, 2013. Previously, the notes were worth an aggregate amount of $250 million.

The proceeds from the issuance will be used to purchase the 5.25% contingent convertible senior notes maturing in 2029 and the 3.5% convertible notes maturing in 2015. In addition, American Equity Investment Life Holding Company also intends to use the proceeds to pay off the outstanding amounts under its existing revolving credit facility and related fees and expenses.

As of Mar 31, 2013, the debt-to-capital ratio for the company was 0.15x which was almost in line with the ratio at year end 2012. However, the current issuance of $400 million is expected to increase the debt-to-capital ratio going forward.

Best Railroad Companies To Invest In Right Now: Allstate Corp (ALL)

The Allstate Corporation (Allstate), November 5, 1992, is a holding company for Allstate Insurance Company. The Company�� business is conducted principally through Allstate Insurance Company, Allstate Life Insurance Company and their affiliates. It is engaged, principally in the United States, in the property-liability insurance, life insurance, retirement and investment product business. Allstate's primary business is the sale of private passenger auto and homeowners insurance. The Company also sells several other personal property and casualty insurance products, select commercial property and casualty coverages, life insurance, annuities, voluntary accident and health insurance and funding agreements. Allstate primarily distributes its products through exclusive agencies, financial specialists, independent agencies, call centers and the Internet. It conducts its business primarily in the United States. Allstate has four business segments: Allstate Protection, Allstate Financial, Discontinued Lines and Coverages and Corporate and Other. The Company is a personal lines insurer in the United States. Customers can access Allstate products and services, such as auto insurance and homeowners insurance through nearly 12,000 exclusive Allstate agencies and financial representatives in the United States and Canada. In October 2011, the Company acquired Esurance and Answer Financial from White Mountains Insurance Group.

ALLSTATE PROTECTION SEGMENT

In this segment, the Company principally sells private passenger auto and homeowners insurance through agencies and directly through call centers and the Internet. These products are marketed under the Allstate, Encompass and Esurance brand names. The Allstate Protection segment also includes a separate organization called Emerging Businesses, which comprises Business Insurance (commercial products for small business owners), Consumer Household (specialty products including motorcycle, boat, renters and condominium insurance policies), A! llstate Dealer Services (insurance and non-insurance products sold primarily to auto dealers), Allstate Roadside Services (retail and wholesale roadside assistance products) and Ivantage (insurance agency). The Company also participates in the involuntary or shared private passenger auto insurance business in order to maintain its licenses to do business in many states. In some states, Allstate exclusive agencies offer non-proprietary property insurance products. Allstate brand auto and homeowners insurance products are sold primarily through Allstate exclusive agencies and serve customers who prefer local personal advice and service and are brand-sensitive. In most states, customers can also purchase certain Allstate brand personal insurance products, and obtain service, directly through call centers and the Internet.

During the year ended December 31, 2011, total Allstate Protection premiums written were $25.98 billion. Its broad-based network of approximately 10,000 Allstate exclusive agencies in approximately 9,700 locations in the United States produced approximately 86% of the Allstate Protection segment's written premiums in 2011. It provides personal property and casualty insurance products through independent agencies in the United States. Additionally, Allstate distribution, through brokering arrangements, offers non-proprietary products to consumers when an Allstate product is not available.

ALLSTATE FINANCIAL SEGMENT

Allstate Financial segment provides life insurance, retirement and investment products, and voluntary accident and health insurance products. Its principal products are interest-sensitive, traditional and variable life insurance; fixed annuities, including deferred and immediate; and voluntary accident and health insurance. Its institutional products consist of funding agreements sold to unaffiliated trusts that use them to back medium-term notes issued to institutional and individual investors. Banking products and services were offered to! customer! s through the Allstate Bank through September 2011. In 2011, after receiving regulatory approval to voluntarily dissolve, Allstate Bank ceased operations.

The Company sells Allstate Financial products to individuals through multiple intermediary distribution channels, including Allstate exclusive agencies and exclusive financial specialists, independent agents, specialized structured settlement brokers and directly through call centers and the Internet. The Company sells products through independent agents affiliated with approximately 125 master brokerage agencies. Independent workplace enrolling agents and Allstate exclusive agencies also sell its voluntary accident and health insurance products primarily to employees of unaffiliated businesses. Its mortgage loan portfolio, which is primarily held in the Allstate Financial portfolio, totaled $7.14 billion as of December 31, 2011

Allstate Financial, through several companies, is authorized to sell life insurance and retirement products in all 50 states, the District of Columbia, Puerto Rico, the United States, Virgin Islands and Guam. Allstate Financial distributes its products to individuals through multiple distribution channels, including Allstate exclusive agencies and exclusive financial specialists, independent agents (including master brokerage agencies and workplace enrolling agents), specialized structured settlement brokers and directly through call centers and the Internet.

OTHER BUSINESS SEGMENTS

The Company�� Corporate and Other segment consistsof holding company activities and certain non-insurance operations. It�� Discontinued Lines and Coverages segment includes results from insurance coverage that it no longer writes and results for certain commercial and other businesses in run-off. Its exposure to asbestos, environmental and other discontinued lines claims is presented in the segment. The segment also includes the historical results of the commercial and reinsurance businesses ! sold in 1! 996.

Advisors' Opinion:
  • [By Jessica Alling]

    With the speculation over changes in Fed policy driving a lot of the activity in the market these days, it's important for investors to know how rising interest rates will effect various companies. With interest rates playing a central role in the business model for insurance companies, AIG (NYSE: AIG  ) Berkshire Hathaway's (NYSE: BRK-B  ) Geico, Allstate (NYSE: ALL  ) , and other insurers may be anxious to get back to a normalized rate environment.

10 Best Managed Healthcare Stocks For 2014: W.W. Grainger Inc. (GWW)

W.W. Grainger, Inc. and its subsidiaries distribute facilities maintenance and other related products and services in the United States, Canada, Japan, Mexico, India, Puerto Rico, China, Colombia, and Panama. The company offers maintenance, repair, and operating supplies; and other related products and services through local branches, catalogs, and the Internet. Its products include material handling equipment, safety and security supplies, lighting and electrical products, power and hand tools, pumps and plumbing supplies, cleaning and maintenance supplies, forestry and agriculture equipment, building and home inspection supplies, vehicle and fleet components, and various other items for facilities maintenance market, as well as services comprise inventory management and energy efficiency solutions. The company also distributes tools, fasteners, safety supplies, instruments, welding and shop equipment, and other items. It serves small and medium-sized businesses to large corporations, government entities, and other institutions. W.W. Grainger, Inc. was founded in 1927 and is based in Lake Forest, Illinois.

Advisors' Opinion:
  • [By Dividends4Life]

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  • [By Seth Jayson]

    W.W. Grainger (NYSE: GWW  ) reported earnings on July 17. Here are the numbers you need to know.

    The 10-second takeaway
    For the quarter ended June 30 (Q2), W.W. Grainger met expectations on revenues and beat slightly on earnings per share.

  • [By Dividends4Life]

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  • [By Teresa Rivas]

    W.W. Grainger (GWW) was ahead more than 1% on Wednesday as its first-quarter earnings per share were a penny ahead of expectations.

    The industrial goods company said it earned $216.7 million, or $3.07 a share, up from $2.94 a share in the year-ago period. Revenue grew 4.6% to $2.39 billion. Analysts were looking for a per-share profit of $2.97 on revenue of $2.39 billion. Grainger also reiterated its full-year forecast.

    The quarter was helped by domestic sales, which jumped 6.9% to $1.9 billion, while overseas sales climbed 11% to $274.9 million.

    On the conference call, Grainger noted forex pressure was a drag on Canadian business, but said that online and U.S. sales strength more than overcame the headwind.

    Wunderlich Securities��Brent Raker reiterated a Buy rating and $320 price target on the stock ahead of the earnings, and sees overseas sales continuing their strong pace throughout the year: ��e continue to believe Grainger�� other businesses (outside U.S./Canada) will produce a material operating profit recovery in 2014 (from $30.3mm in 2013 to $55.2mm in 2014). We expect the following factors will be drivers: significant sales/profit boost from Zoro, favorable currency movement in Japan/Europe, a bounce-back in Mexican profit contribution, steady global economic gains, minimized losses in certain Asian/Latin American countries, and positive impact from restructurings in Europe/China.��/p>

    The news is better than its disappointing fourth-quarter results, which caused the stock to tumble when it reported in January.

10 Best Managed Healthcare Stocks For 2014: Orix Corp Ads (IX)

ORIX Corporation provides financial solutions to corporate and retail clients. Its Corporate Financial Services segment engages in lending, leasing, and commission business for the sale of financial products. The company�s Maintenance Leasing segment is involved in automobile leasing, rental, and car sharing; lease and rental of precision measuring and information technology related equipment; and technical support, sale of software packages, calibration, and asset management. Its Real Estate segment develops and leases office buildings, commercial properties, logistics centers, and residential condominiums; and develops and operates hotels, Japanese inns, aquariums, golf courses, training and nursing care facilities, baseball stadiums, and theaters, as well as provides asset management and real estate finance, REIT asset management, and real estate investment advisory services. The company�s Investment and Operation segment engages in loan servicing, principal investmen t, merger and acquisition advisory, venture capital, and securities brokerage activities. Its Investment and Operation segment is involved in the collection and disposal of waste from end-of-lease assets; and renewable energy source operations, such as megasolar projects and roof top power generation, as well as invests in non-performing loans and private equity; and collects and manages commercial mortgage-backed securities. The company�s Retail segment engages in life insurance, banking, and card loan businesses. Its Overseas Business segment is involved in leasing, lending, investment in bonds, investment banking, and ship- and aircraft-related operations in the United States, Asia, Oceania, and Europe. ORIX Corporation has a strategic alliance with GT Capital Holdings Inc. and First Metro Investment Corporation. The company was formerly known as Orient Leasing Co., Ltd. and changed its name to ORIX Corporation in 1989. ORIX Corporation was founded in 1964 and is headqua rtered in Tokyo, Japan.

Advisors' Opinion:
  • [By Robert Abbott]

    For OTEX, this includes five distinct groups of services:

    Enterprise Content Management (ECM), which includes records management, archiving, and email services Business Process Management (BPM), including software for analyzing and optimizing business processes Customer Experience Management (CEM), includes software that integrates internal and external content to enhance the ��ustomer experience�� Information Exchange (iX), "...a set of offerings that facilitate efficient, secure, and compliant exchange of information inside and outside the enterprise." Discovery, which includes the indexing, navigation, and retrieval of information in databases (for a fuller description of these segments, see the 10-K Report for 2014).

    As of June 30, 2014 it employed about 8,000, including 2,000 in cloud services, 1,900 in product development and 1,400 in sales and marketing.

10 Best Managed Healthcare Stocks For 2014: Ivanhoe Energy Inc (IVAN)

Ivanhoe Energy Inc. (Ivanhoe), incorporated on February 21, 1995, is an independent international heavy oil development and production company. Ivanhoe�� core operations are in Canada, Ecuador, China and Mongolia, with business development opportunities worldwide. Ivanhoe�� wholly owned subsidiary, Sunwing Energy Ltd. (Sunwing) is focused on a natural gas exploration project (the Zitong Block) in Sichuan Province of China. The Sichuan Basin is located in central China approximately 930 miles southwest of Beijing. Its oil and gas operations are located in three geographic areas: Asia, Canada and Ecuador. In December 2012, the Company had closed the Share Purchase and Sale Agreement with MIE Holdings Corporation for all of the interest of its indirect, wholly owned subsidiary, Pan-China Resources Ltd.

Asia

In China, Sunwing operates the 659,840-acre (1,031-square-miles) Zitong gas exploration block in the Sichuan Province, and it holds a 90% Contractor Interest in a Petroleum Contract with PetroChina Company Limited. Mitsubishi Gas Chemical Company of Japan holds the remaining 10% Contractor Interest. Sunwing produces approximately 1,800 (gross) barrels of light oil per day in Dagang, in China's Hebei province, in a production sharing agreement with Petrochina in which Sunwing is the operator and maintains a royalty interest in the revenue stream from its first project carried out in the Daqing Oil Field. In November 2002, the Company entered into a 30 year production sharing contract (PSC) with China National Petroleum Corporation (CNPC) for the Zitong block, which covers an area of approximately 248,000 gross acres after contractual relinquishments in the Sichuan basin.

During the year ended December 31, 2006, the Company farmed out 10% of its working interest in the Zitong block to Mitsubishi Gas Chemical Company Inc. of Japan. In Phase I of the contract, Ivanhoe reprocessed 1,649 miles of two dimensional (2D) seismic data and acquired 705 miles of new 2D s! eismic data. In Phase II of the contract, the Yixin-2 and Zitong-1 gas wells were drilled during the year ended December 31, 2010, and completed during the year ended December 31, 2011. Ivanhoe�� oil production originates in the Kongnan oilfield in Dagang, Hebei Province, China (the Dagang field). In 2011, production in averaged 967 barrels per day net. The Company�� Nyalga Block XVI is in the Khenti and Tov provinces in Mongolia. The block covers an area of approximately 3.1 million gross acres, after a 25% relinquishment in 2010.

Canada

Ivanhoe holds a 100% working interest in the Tamarack Project, subject only to a 20% back-in right held by Talisman Energy. Tamarack is a 6,880 acre lease located approximately 10 miles northeast of Fort McMurray, Alberta, Canada. The Tamarack integrated oil sands project (Tamarack Project) consists of a two-phased 40,000 bbl/d steam-assisted gravity drainage thermal recovery (SAGD) and HTL facility.

Ecuador

The Company's activities in Latin America are carried out under its wholly owned subsidiary, Ivanhoe Energy Latin America Inc. Ivanhoe Energy Ecuador Inc., a Canadian company is a wholly owned subsidiary of Ivanhoe Energy Latin America Inc. and is responsible for the Company's activities in Ecuador. In October 2008, Ivanhoe Energy Ecuador Inc. had signed a 30 year contract with the Ecuador state oil companies Petroecuador and Petroproduccion. The contract gives Ivanhoe the right to explore and develop the Pungarayacu heavy oil field in Block 20, an area of 426 square miles, approximately 125 miles southeast of Quito, Ecuador�� capital city. Block 20 is an area of approximately 426-square-miles (1,103.34-square-kilometers) located 125 miles (201.17 kilometers) southeast of Quito. Block 20 contains the 250-square-mile (647.5-square-kilometer) Pungarayacu oil field. In 2010, Ivanhoe drilled its two appraisal wells in the Pungarayacu field. The second, IP-5b, well was drilled, cored and logged to a total depth ! of 1,080 ! feet. The well was perforated in the Hollin oil sands and steam was injected into the reservoir resulting in production of heated heavy oil. In 2011, the heavy crude oil extracted from the IP-5B well was upgraded to local pipeline specifications using Ivanhoe�� HTL upgrading process. In 2011, the Company completed a 190-kilometer 2-D seismic survey over the southern portion of Block 20.

Advisors' Opinion:
  • [By Stephan Dube]

    Athabasca's most notable producers:

    Suncor Energy (SU) (Part 1), see article here.Suncor Energy (Part 2), see article here.Athabasca Oil (ATHOF.PK), see article here.Canadian Natural Resources, see article here.Imperial Oil, see article here.Cenovus Energy (CVE), see article here.MEG Energy (MEGEF.PK), see article here.Devon Energy, see article here.Royal Dutch Shell, see article here.Ivanhoe Energy (IVAN), see article here.Nexen (CNOOC) (CEO), see article here.

    An analysis of the current operations of the company will be examined with the objective to provide the most complete information available to potential investors before deciding to seize the opportunity that the 54,132 square miles of the Carbonate Triangle has to offer. Let's start by introducing Athabasca, a famous and most prolific region in the Canadian oil sands as well as one of the largest reserve in the world.

10 Best Managed Healthcare Stocks For 2014: Compania de Transporte de Energia Electrica en Alta Tension Transener Sa (TRAN)

Compania de Transporte de Energia Electrica en Alta Tension Transener SA (Transener) is an Argentina-based company primarily engaged in the provision and distribution of high-voltage electric power, through its own transmission network of approximately 8,800 kilometers of transmission lines. The Company also offers such professional services as lines and substations maintenance, lines and substations operation, supervision and inspection of transmission works, as well as engineering and consulting services, among others. As of December 31, 2012, the Company had majority owned subsidaries Empresa de Transporte de Energia Electrica por Distribucion Troncal de la Provincia de Buenos Aires SA (Transba SA) and Transener Internacional Ltda. In addition, Compania Inversora en Transmision Electrica Citelec SA was its majority shareholder. Advisors' Opinion:
  • [By Nikolaj Gammeltoft]

    U.S. stocks climbed, extending the longest winning streak for the Standard & Poor�� 500 Index (TRAN) since July, as data showed China�� economy is improving amid signs of easing tensions over Syria.

10 Best Managed Healthcare Stocks For 2014: Safety Insurance Group Inc.(SAFT)

Safety Insurance Group, Inc., through its subsidiaries, provides private passenger automobile insurance products primarily in Massachusetts and New Hampshire. The company?s private passenger automobile policies offer coverage for bodily injury and property damage to others, no-fault personal injury coverage for the insured/insured?s car occupants, and physical damage coverage for an insured?s own vehicle for collision or other perils. It also provides commercial automobile policies that offer insurance for commercial vehicles used for business purposes, including private passenger-type vehicles, trucks, tractors and trailers, insure individual vehicles, and commercial fleets; and homeowners policies, which provide coverage for losses to a dwelling and its contents from various perils, and coverage for liability to others arising from ownership or occupancy. It writes policies on homes, condominiums, and apartments. In addition, the company offers business owners policie s that cover apartments and residential condominiums, limited cooking restaurants, office condominiums, processing and services businesses, special trade contractors, and wholesaling businesses. Further, it provides commercial package policies, which offer property, general liability, crime, and inland marine insurance for business enterprises; personal umbrella policies that provide personal excess liability coverage over and above the limits of individual automobile, watercraft, and homeowner?s insurance policies; and commercial umbrella policies to clients for whom the company underwrites commercial automobile and business owner policies. Additionally, the company underwrites dwelling fire insurance, inland marine coverage, and watercraft coverage. Safety Insurance Group, Inc. was founded in 1979 and is headquartered in Boston, Massachusetts.

Advisors' Opinion:
  • [By John Udovich]

    Auto sales are booming and that�� good news for large cap auto insurer�the Progressive Corporation (NYSE: PGR) along with small cap auto insurers Safety Insurance Group, Inc (NASDAQ: SAFT) and�Mercury General Corporation (NYSE: MCY) as they offer income to yield hungry investors as well as income in the form of dividends. Specifically, a Yahoo! Autos blog recently noted that last month, automakers sold 1.5 million new vehicles for the highest rate in years with�most industry forecasters expecting sales to�return to the level they hit before the 2008 recession of 16 million vehicles a year. The blog post then went on to note the three forces driving auto sales:

  • [By Selena Maranjian]

    Safety Insurance (NASDAQ: SAFT  ) , also impressive among high dividend stocks, is a rather boring company that's good at what it does�-- offering auto insurance, primarily in New England. Recently yielding 4.7%, its dividend has grown by 8.5% annually over the past five years and 24% annually over the past decade. (Its last hike, last year, was 20%.) Its payout ratio is 67%, which is not too worrisome. Its forward P/E ratio of 11 compares favorably with the five-year average near 18, and its PEG ratio is an appealing 0.70, as well.

10 Best Managed Healthcare Stocks For 2014: RBC Bearings Incorporated(ROLL)

RBC Bearings Incorporated manufactures and markets engineered precision plain, roller, and ball bearings primarily in North America, Europe, and Latin America. It operates in four segments: Plain Bearings, Roller Bearings, Ball Bearings, and Others. The Plain Bearings segment produces plain bearings with self-lubricating or metal-to-metal designs, including rod end bearings, spherical plain bearings, and journal bearings that are primarily used to rectify misalignments in various mechanical components. The Roller Bearings segment provides tapered roller bearings, needle roller bearings, and needle bearing track rollers and cam followers, which are anti-friction products that utilize cylindrical rolling elements. The Ball Bearings segment specializes in high precision aerospace, airframe control, thin section, and industrial ball bearings that utilize high precision ball elements to reduce friction in high speed applications. The Other segment consists of precision mechanic al components, which are used in various general industrial applications; and machine tool collets that are used for holding circular or rod-like pieces in a lathe or other machine. It serves construction and mining, oil and natural resource extraction, heavy truck, packaging, and semiconductor machinery; and aerospace and defense markets. The company offers its products through direct sales force and a network of industrial and aerospace distributors. RBC Bearings Incorporated is headquartered in Oxford, Connecticut.

Advisors' Opinion:
  • [By Stephen Simpson, CFA]

    This is a logical deal for SKF on multiple fronts. For starters, Kaydon will meaningfully expand the company's U.S. presence - something it could have done on its own eventually, but certainly not without spending money. With that, there is the possibility of using Kaydon's existing U.S. footprint to sell more SKF products and further trouble rivals like RBC Bearings (ROLL) and ITT (ITT).

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