GM is "about as diverse from a power standpoint as I've ever seen it," Reuss said at the Rev. Jesse Jackson's 14th annual Rainbow PUSH Coalition Global Automotive Summit in Detroit.
He said the automaker is committed to hiring diverse managers and more minority dealers.
About 22% of new car purchases are made by non-white consumers, according to Rainbow PUSH Coalition.
Jackson praised GM for its commitment to diversity, but said "people don't know you've got" so many minorities in leadership positions.
Among the top minority executives at GM are global design chief Ed Welburn, global quality chief Alicia Boler-Davis and purchasing chief Grace Lieblein. The highest-ranking woman at GM, global product development chief Mary Barra, is considered a top candidate to become the next CEO when Dan Akerson retires within a few years.
Best Regional Bank Companies To Own For 2015: Alamos Gold Inc (AGI)
Alamos Gold Inc. is engaged in the acquisition, exploration, development and extraction of precious metals in Mexico and Turkey. It owns and operates the Mulatos mine (Mulatos or the Mine) and holds the mineral rights to the Salamandra group of concessions in the State of Sonora, Mexico. The Mulatos mine is approximately 220 kilometers by air east of the City of Hermosillo. In addition, the Company owns the Agi Dagi and Kirazli advanced-stage gold development projects located in the Biga Peninsula of northwestern Turkey. Agi Dagi is located about 50 kilometers southeast of Canakkale, and Kirazli is located approximately 25 kilometers northwest of Agi Dagi. In January 2013, it acquired 14.3% interest of Aurizon Mines Ltd. (Aurizon). In August 2013, the Company acquired Esperanza Resources Corp. In September 2013, the Company announced that it has completed the acquisition of Orsa Ventures Corp. Advisors' Opinion:- [By Jon C. Ogg]
Alamos�Gold Inc. (NYSE: AGI) was reinstated as Buy with a target price of $21 in Canada, which would translate to closer to $20 in U.S. share prices (versus $16.33 current), at BofA/Merrill Lynch.
Top 10 Consumer Service Companies To Own For 2014: Synovus Financial Corp.(SNV)
Synovus Financial Corp., a diversified financial services and bank holding company, provides commercial and retail banking, financial management, insurance, and mortgage services in Georgia, Alabama, South Carolina, Florida, and Tennessee. Its retail banking services include accepting customary types of demand and savings deposits; mortgage, installment, and other retail loans; investment and brokerage services; safe deposit services; automated banking services; automated fund transfers; Internet based banking services; and bank credit card services, including mastercard and visa services. The company?s commercial banking services comprise cash management and asset management services, capital markets services, and institutional trust services, as well as commercial, financial, and real estate loans. It also provides various other financial services, which include the portfolio management for fixed-income securities, investment banking, the execution of securities transac tions as a broker/dealer, and the provision of individual investment advice on equity and other securities; trust services; mortgage services; and financial planning services. Synovus Financial Corp. was founded in 1888 and is headquartered in Columbus, Georgia.
Advisors' Opinion:- [By John Maxfield]
Given that you clicked on this article, it seems safe to assume you either own stock in Synovus Financial (NYSE: SNV ) or are considering buying shares in the near future. If so, then you've come to the right place. The table below reveals the nine most critical numbers that investors need to know about Synovus stock before deciding whether to buy, sell, or hold it.
- [By Rich Duprey]
Southeastern regional bank�Synovus Financial (NYSE: SNV ) �announced this morning�its second-quarter dividend of $0.01 per share, the same rate it's paid since 2009.
Top 10 Consumer Service Companies To Own For 2014: People's United Financial Inc.(PBCT)
People?s United Financial, Inc. operates as the bank holding company for People?s United Bank that provides commercial banking, retail and business banking, and wealth management services to individual, corporate, and municipal customers. Its Commercial Banking segment provides commercial and industrial lending, commercial real estate lending, and commercial deposit gathering services, as well as equipment financing, cash management, correspondent banking, and municipal banking services. The company?s Retail and Business Banking segment offers consumer and business deposit gathering services; consumer lending products, including residential mortgage, home equity, and indirect auto lending; business lending; and merchant services. Its Wealth Management segment provides trust services, corporate trust, brokerage, financial advisory services, investment management services, and life insurance and other insurance services, as well as private banking services. The company also offers online and telephone banking, and investment trading services, and automated teller machine (ATM) services. As of March 31, 2011, it operated a network of approximately 341 branches, including full-service supermarket branches, investment and brokerage offices, and commercial banking offices, as well as approximately 518 automated teller machines in Connecticut, Vermont, New York, New Hampshire, Maine, and Massachusetts. The company was founded in 1842 and is headquartered in Bridgeport, Connecticut.
Advisors' Opinion:- [By John Maxfield]
While it's not obvious from the chart, you can separate these institutions into three different buckets. The first bucket concerns the most widely discussed too-big-to-fail banks: JPMorgan Chase, Bank of America, Citigroup, and Wells Fargo. Then comes the unofficial too-big-to-fail lenders (those with assets in excess of $50 billion and thus subject to the Federal Reserve's more stringent stress test process). This group contains U.S. Bank (NYSE: USB ) , PNC Financial (NYSE: PNC ) , and BB&T Bank (NYSE: BBT ) , among others. And the final group encompasses lesser-known banks like First Niagara Financial (NASDAQ: FNFG ) and People's United Financial (NASDAQ: PBCT ) with between $20 billion and $50 billion in assets.
Top 10 Consumer Service Companies To Own For 2014: Mobile Mini Inc.(MINI)
Mobile Mini, Inc. provides portable storage solutions in North America, the United Kingdom, and the Netherlands. It offers a range of portable storage products in varying lengths and widths with various features, such as its patented locking systems, premium doors, and electrical wiring and shelving. The company?s products include remanufactured and modified steel storage containers, steel security office/storage combination and security office units, wood mobile office units, and steel records storage containers, as well as non-core storage units consisting of van trailers and other manufactured storage products. Mobile Mini also provides its products on lease basis to its customers. Its customers use its products for a range of storage applications, including retail and manufacturing supplies, inventory and maintenance supplies, temporary offices, construction materials and equipment, documents and records, and household goods. The company serves large and small retaile rs, construction companies, medical centers, schools, utilities, manufacturers and distributors, the United States and the United Kingdom military, government agencies, hotels, restaurants, entertainment complexes, and households. As of December 31, 2011, it operated a lease fleet of approximately 237,600 portable storage units through 109 branches in the United States, 4 branches in Canada, 19 branches in the United Kingdom, and 1 branch in the Netherlands. The company was founded in 1983 and is headquartered in Tempe, Arizona.
Advisors' Opinion:- [By Brian Pacampara]
What: Shares of portable storage specialist Mobile Mini (NASDAQ: MINI ) climbed 10% today after its quarterly results topped Wall Street expectations.
Top 10 Consumer Service Companies To Own For 2014: Theragenics Corporation(TGX)
Theragenics Corporation operates as a medical device company serving the cancer treatment and surgical products markets primarily in the United States and Europe. It operates through two segments, Surgical Products and Brachytherapy Seed. The Surgical Products segment manufactures, markets, and sells disposable devices primarily utilized in surgical procedures. It offers wound closure products, including sutures, needles, and other surgical products; vascular access products comprising introducer sheaths, guidewires, and accessories; and specialty needles consisting of coaxial, biopsy, brachytherapy, guidewire introducer, spinal, and disposable veress, as well as access trocars and other needle-based products. This segment?s products are used in various markets and applications, such as interventional cardiology and radiology, vascular surgery, orthopedics, plastic surgery, urology, veterinary medicine, pain management, endoscopy, and spinal surgery. The Brachytherapy See d segment manufactures, markets, and sells TheraSeed and I-Seed, which are FDA-cleared devices for treatment of solid localized tumors and localized prostate cancer. The company sells its products primarily to physicians, hospitals and other healthcare providers, original equipment manufacturers, and to a network of distributors. Theragenics Corporation was founded in 1981 and is based in Buford, Georgia.
Advisors' Opinion:- [By James E. Brumley]
I hate to be the one to say I told you so, but, I told you so. Back on February 26th I suggested IsoRay, Inc. (NYSEMKT:ISR) shares were a budding breakout play. The 48% rally that's played out for ISR in the meantime unfurled right on cue. While overbought in the very short run, this small cap stock looks like it's earning the right to be compared to the likes of bigger brothers in the cancer-treatment space... names like Roche Holding Ltd. (OTCMKTS:RHHBY) or Theragenics Corporation (NYSE:TGX).
Top 10 Consumer Service Companies To Own For 2014: Hurco Companies Inc. (HURC)
Hurco Companies, Inc., an industrial technology company, engages in the design, manufacture, and sale of computerized machine tools, computer control systems, and software products to companies in the metal working industry primarily in North America, Europe, and Asia. The company offers general purpose computerized machine tools, such as vertical machining centers/mills and turning centers/lathes. It also provides computer control systems and related software for press brake applications. In addition, the company produces and distributes software options, control upgrades, hardware accessories, and replacement parts for its machine tool product lines, as well as provides operator training and support services to its customers. Hurco Companies, Inc. offers its products to the precision tool, die, and mold manufacturers; independent metal parts manufacturers; and specialized production application or prototype departments within manufacturing operations. It serves aerospace , defense, medical equipment, energy, automotive/transportation, electronics, and computer industries. The company sells its products through independent agents and distributors in North America, Europe, and Asia, a swell as through direct sales personnel in Canada, China, France, Germany, Italy, Poland, Singapore, South Africa, Spain, the United Kingdom, and certain parts of the United States. Hurco Companies, Inc. was founded in 1968 and is headquartered in Indianapolis, Indiana.
Advisors' Opinion:- [By John Emerson]
Hardinge (HDNG) the Perfect Fit to the Investment Puzzle
Several years earlier I had started following the machine tool sector and I became quite familiar with Hardinge. Although I never invested in the stock (I had opted for Hurco), I had noted that Jeffrey Gendell had been purchasing shares the company. Hurco (HURC) had much higher margins and it was my belief that the superior quality of their computerized machine tools and their accompanying software were reflected in their earnings. Hurco also held a vastly superior balance sheet at the time I made my investment.
Top 10 Consumer Service Companies To Own For 2014: Consumer Discretionary Select Sector SPDR Fund (XLY)
Consumer Discretionary Select Sector SPDR Fund (the Fund) seeks to provide investment results that correspond to the price and yield performance of the Consumer Discretionary Select Sector of the S&P 500 Index (the Index). The Index includes companies from industries, such as automobiles and components, consumer durables, apparel, hotels, restaurants, leisure, media and retailing.
The Fund utilizes a passive or indexing investment approach to invest in a portfolio of stocks that seek to replicate the Index. The Fund�� investment advisor is SSgA Funds Management, Inc.
Advisors' Opinion:- [By Ben Levisohn]
The�Consumer Discretionary Select Sector SPDR�(XLY) has dropped 1.1% to $60.39, while the�Financial Select Sector SPDR(XLF) is off 0.9% at $20.23.� Hardest hit is the�Utilities Select Sector SPDR (XLU), which has dropped 1.6% to $37.32, while the Industrial Select Sector SPDR ETF (XLI) has fallen 1% to $46.49. The�Technology Select Sector SPDR (XLK) is the top performer: It�� down 0.5% at $32.39.
- [By Tom Aspray]
First, let’s look at the quarter by quarter performance for 2013, as well as how the Select Sector ETFs are doing so far in the 4th quarter. Two of my favorite ETFs as we started 2013, the Select Sector SPDR Health Care (XLV) and the Select Sector SPDR Consumer Discretionary (XLY) are the top gainers in 2013.
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