SAN FRANCISCO (MarketWatch) ��Shares of Krispy Kreme Doughnuts Inc. climbed in the after-hours trading session late Wednesday after the company raised its financial guidance for the current fiscal year.
Williams-Sonoma Inc.�� (WSM) �stock also gained after the retailer reported quarterly earnings and revenue that topped market expectations and announced a hike in its dividend. Shares in Magicjack VocalTec Ltd. (CALL) �also saw active trading, rallying as the company�� results for the quarter beat the market�� target.
Top 5 Casino Companies To Invest In 2015: Avon Products Inc. (AVP)
Avon Products Inc. manufactures and markets beauty and related products worldwide. Its product categories include color cosmetics, fragrances, skin care, and personal care; fashion jewelry, watches, apparel, footwear, and accessories; and gift and decorative products, housewares, entertainment and leisure, and children?s and nutritional products. Avon Products Inc. markets its products through direct selling and independent representatives, as well as through distributorships. The company was founded in 1886 and is based in New York, New York.
Advisors' Opinion:- [By Grace L. Williams]
You don’t have to go door to door to find dismal news about Avon (AVP) today. Between the stock tanking over 20% and the company�� announcements of a weak third-quarter topped with news that federal regulators are increasing the penalties to resolve its ongoing bribery probe, it�� one ugly afternoon for the beauty product and cosmetics company.
The Wall Street Journal�� Serena Ng and Anna Prior recapped Avon�� woes nicely this afternoon:
The government’s position, disclosed by Avon in a regulatory filing, adds another big weight on a company already struggling to turn around a string of poor results. On Thursday, the door-to-door seller of makeup and consumer products reported a third-quarter loss following a steep drop in sales in the U.S. and China.
Regarding the bribery probe, the WSJ writes:
Avon has been trying to resolve a federal bribery probe that has dogged it since 2008 and has already racked up roughly $340 million in legal and related costs. The company is in talks with the Securities and Exchange Commission and Justice Department to settle an investigation into whether Avon breached the Foreign Corrupt Practices Act by providing gifts or making payments to officials in China and other countries to get licenses to sell its products.
Analysts were mixed-to-negative in reaction to the news, revising their recommendations and slashing price targets. Rommel Dionisio of Wedbush, for one, cut the price target to $21 from $24, writing:
Avon reported third-quarter revenue of $2.323 billion and adjusted earnings-per-share of 14 cents, again short of consensus forecasts of $2.443 billion and 19 cents, respectively. Overall local currency sales fell 1%, sequentially worse than the 2% growth seen in the second quarter, as sharp declines in North America (18%) and Asia-Pacific (19%) were partially offset by growth in Latin America (6%).
We believe shares of Avon should trade at a 5%-10% disc
- [By Omar Venerio]
In this article, let's take a look at Avon Products Inc. (AVP), a $5.47 billion market cap company, which is the world's leading direct marketer of cosmetics, toiletries, fashion jewelry and fragrances, with about 6 million sales representatives worldwide.
Best Dividend Companies To Own For 2014: NextEra Energy Inc. (NEE)
NextEra Energy, Inc., through its subsidiaries, engages in the generation, transmission, distribution, and sale of electric energy in the United States and Canada. As of December 31, 2010, NextEra Energy had approximately 43,000 mega watts of generating capacity. The company involves in the generation of renewable energy from wind and solar projects. It also generates electricity through natural gas, nuclear, oil and coal, and hydro power plants. The company serves approximately 8.7 million people through approximately 4.5 million customer accounts in the east and lower west coasts of Florida. In addition, it leases wholesale fiber-optic network capacity and dark fiber to telephone, wireless carriers, Internet, and other telecommunications companies. The company was formerly known as FPL Group, Inc. and changed its name to NextEra Energy, Inc. in May 2010. NextEra Energy, Inc. was founded in 1984 and is headquartered in Juno Beach, Florida.
Advisors' Opinion:- [By John Divine]
The stock market closed three hours early today ahead of the Fourth of July holiday tomorrow. That didn't stop investors from sending both the Dow and the S&P 500 Index (SNPINDEX: ^GSPC ) to all-time highs in a hurry on the heels of a stunningly resurgent jobs market. The U.S. Labor Department's monthly nonfarm payrolls showed that the economy created a seasonally adjusted 288,000 jobs in June, a figure so comically far above the 211,000 consensus expectation, it made the economists responsible for the lowball forecast look downright silly. Looking even sillier were shares of Exelon Corporation (NYSE: EXC ) , NextEra Energy, (NYSE: NEE ) , and Tyson Foods (NYSE: TSN ) , which each somehow managed to fare miserably as stock markets hit all-time highs, and Americans literally prepare to jubilantly launch fireworks, grill out, and enjoy life.
- [By Chuck Carnevale]
Nextera Energy (NEE): A Moderately Growing Utility
With our second example we move up the food chain of growth by reviewing Nextera Energy a moderately faster growing utility stock. Even though Nextera Energy�� growth rate is more than 3 times faster, averaging 6.4% per annum, we discover that valuation within our PE = 15 range. To be clear, what this tells us is that investing in Nextera at a PE ratio of approximately 15 represents a sound and historically normal valuation.
- [By Tyler Crowe]
From the generation side of things, there is no true wind-generation company that investors can get their hands on, either. The closest company to it is NextEra Energy (NYSE: NEE ) . As of April, the company had about 10,000 MW coming from wind power, about 56% of its net capacity. It's not done, either, NextEra intends to purchase 59 of GE's new 1.7 MW turbines, considered the most efficient turbines manufactured to date.
- [By WWW.DAILYFINANCE.COM]
AP/John Locher LAS VEGAS -- Construction has begun on a $1 billion solar power generating station in the Mohave Desert that officials say will produce enough electricity to power about 80,000 California homes when it is completed in 2016. The 250-megawatt project, dubbed Silver State South, will capture solar energy with panels spread across almost 4 square miles of federal land south of Las Vegas, according to a fact sheet obtained Friday from a First Solar (FSLR) representative. Executives with Arizona-based First Solar and Florida-based NextEra Energy Resources (NEE) put the cost of the project at $1 billion during a Wednesday ceremony with federal Bureau of Land Management chief Neil Kornze at the site off Interstate 15 near the Nevada-California state line. Kornze said in a statement Friday that since 2009, the BLM has approved more than 50 renewable energy projects around the country. "The Silver State South Solar Project is another step forward in using clean and abundant energy resources to make energy and create good-paying jobs," he said. When completed, it would be the same size as the largest solar project in the state, a 250-megawatt plant that First Solar is building on Moapa Paiute tribal land along I-15 north of Las Vegas. That project broke ground in March. First Solar is building the Silver State South array adjacent to a 25-megawatt Silver State North project the company completed in 2012 on almost 1 square mile of federal land near Primm. A subsidiary of NextEra will own both plants. Silver State North was the nation's first large-scale solar power plant built on public land. It sells power to NV Energy for use in the Las Vegas area. Silver State South will provide power to Southern California Edison under a long-term contract. "Renewable energy sources such as solar power play an important role in the future energy mix in this country," Armando Pimentel, NextEra president and CEO, said in a statement. "We look forward to working w
Best Dividend Companies To Own For 2014: Cinemark Holdings Inc(CNK)
Cinemark Holdings, Inc. and its subsidiaries engage in the motion picture exhibition business. As of June 30, 2011, it operated 436 theatres with 4,983 screens in 39 states of the United States, as well as in Brazil, Mexico, and 11 other Latin American countries. The company is headquartered in Plano, Texas.
Advisors' Opinion:- [By Leo Sun]
With the crowdfunded Veronica Mars, which hit theaters in March, Warner convinced AMC to agree to the same-day release�by renting out its theaters. Warner retained the box office sales, in hopes that it could produce a profit after AMC's rental fees ($5,000 to $20,000 per week) were deducted. Regal and Cinemark (NYSE: CNK ) , however, do not rent out their theaters for same-day releases.
- [By Rich Smith]
As movie-theater operator Cinemark (NYSE: CNK ) exits the Mexican market, another "gringo" is expanding to fill the gap -- from even farther north of the border.
Best Dividend Companies To Own For 2014: McDonald's Corporation(MCD)
McDonald?s Corporation, together with its subsidiaries, operates as a worldwide foodservice retailer. It franchises and operates McDonald?s restaurants that offer various food items, soft drinks, coffee, and other beverages. As of December 31, 2009, the company operated 32,478 restaurants in 117 countries, of which 26,216 were operated by franchisees; and 6,262 were operated by the company. McDonald?s Corporation was founded in 1948 and is based in Oak Brook, Illinois.
Advisors' Opinion:- [By Ben Levisohn]
The main risk for Chipotle, Kalinowski says, is “a relatively high valuation compared to most other restaurant stocks we cover.” Chipotle trades at 36.73 times forward earnings, while Starbucks (SBUX) trades at 24.7 times, Panera Bread (PNRA) trades at 19.1 times and McDonald’s (MCD) trades at 15.8 times.
- [By WALLSTCHEATSHEET]
McDonald�� is a well-recognized company that fulfills cravings and demand for quick and delicious food choices that many consumers across the globe enjoy. The stock has been steadily chugging higher but is now pulling-back a bit from all-time high prices. Over most of the last four quarters, earnings and revenue figures have been on the rise, however, investors have grown to expect a little more from the company. Relative to its peers and sector, McDonald’s has been an average performer, year-to-date. Look for McDonald’s to stabilize and OUTPERFORM.
Best Dividend Companies To Own For 2014: MCG Capital Corporation(MCGC)
MCG Capital Corporation is a private equity firm specializing in investments in middle market companies. The firm does not prefer investments in highly cyclical and volatile industry sectors and businesses with significant volatility exposure. It seeks to invest in small to mid sized companies. The firm prefers to invest in acquisitions, growth financings, organic growth, recapitalization, and leveraged buyouts. It invests in companies based in the United States. The firm seeks to invest upto $75 million in debt and equity in companies having revenues between $20 million and $200 million and EBITDA between $3 million and $25 million. It seeks to invest in the form of senior debt, including amortizing, bullet maturity, term loans, and revolving credit facilities; institutional sub debt, including junior capital; second lien debt, that includes term loans on sole source and participant basis; secured and unsecured subordinate loans structured as current interest, deferred in terest, and equity linked components; mezzanine debt and equity that includes minority equity investments. The firm may invest in minority or control equity positions. It was formerly known as MCG Credit Corporation. MCG Capital Corporation was founded in 1990 and is based in Arlington, Virginia.
Advisors' Opinion:- [By Equities Lab]
The stocks that currently pass the stock screen in order of market cap are Frontier Communications Corp , Crown Media Holdings (CRWN), Vonage Holding (VG), MCG Capital Corp (MCGC), 1-800-FLOWERS.COM (FLWS), MTR Gaming Corporation (MNTG), Alaska Communications (ALSK), and Enzon Pharmaceuticals (ENZN).
Best Dividend Companies To Own For 2014: Alliance Resource Partners L.P.(ARLP)
Alliance Resource Partners, L.P. engages in the production and marketing of coal for utilities and industrial users in the United States. It operates nine underground mining complexes, which offer low, medium, and high-sulfur coal. The company also leases land and operates a coal loading terminal on the Ohio River at Mt. Vernon, Indiana; and purchases and resells coal. In addition, the company provides mine products and services comprising design and installation of underground mine hoists for transporting employees and materials in and out of mines; design of systems for automating and controlling various aspects of industrial and mining environments; and design and sale of mine safety equipment, such as its miner and equipment tracking, and proximity detection systems. Further, it offers ash and scrubber sludge removal, coal yard maintenance, and arranging alternate transportation services. As of December 31, 2010, the company had approximately 697.4 million tons of coal reserves in Illinois, Indiana, Kentucky, Maryland, Pennsylvania, and West Virginia. Alliance Resource Management GP, LLC serves as the general partner of Alliance Resource Partners, L.P. The company was founded in 1971 and is based in Tulsa, Oklahoma.
Advisors' Opinion:- [By Eric Volkman]
Alliance Resource Partners (NASDAQ: ARLP ) has bumped its quarterly dividend slightly higher. For its Q1, the company will distribute $1.13 per unit on May 15 to shareholders of record as of May 8.�That amount is 2% more than Alliance Resource's preceding distribution, which was handed out in early February, and totaled $1.1075. Prior to that, the partnership paid $1.085 per unit.
- [By Sean Williams]
Keep in mind that some companies�deserve�their current valuations. Coal miner Alliance Resource Partners (NASDAQ: ARLP ) , which is run as a master limited partnership, reported yet another record profit in the first quarter and boosted its quarterly payout yet again. By locking in long-term contracts, Alliance Resource has nearly eliminated its exposure to currently weak coal prices and is able to count on steady and growing cash flow.
- [By Vinay Singh]
Natural gas isn't as cheap as it was a year ago and that's leading to big changes in the energy market. That will be a good thing for Ultra Petroleum (UPL), Royal Dutch Shell (RDS.B) and Alliance Natural Resource Partners (ARLP).
No comments:
Post a Comment