Saturday, April 21, 2012

Stocks to Watch Monday: Micron, Sysco

CHICAGO (MarketWatch) � Micron Technology Inc. and Sysco Corp. are among the stocks that could see active trading on Monday.
Micron Technology CEO Steve Appleton
Micron Technology MU � on Friday said Steve Appleton, the company�s chief executive and chairman, died Friday morning in a small-plane crash in Boise, Idaho. Appleton was 51. Trading in the chipmaker�s shares was halted Friday afternoon.
Food-services giant Sysco SYY �is expected to post a fiscal second-quarter profit of 44 cents a share on sales of $10.07 billion, according to a consensus poll of analysts by FactSet Research.
Professional services provider Towers Watson & Co. TW �is expected to report second-quarter revenue of $845.3 million. The FactSet poll gave no consensus earnings estimate.
Financial firm Lazard Ltd. LAZ �is seen reporting fourth-quarter earnings of 38 cents a share on revenue of $456.5 million.
Boardwalk Pipeline Partners LP BWP �is s! een post ing fourth-quarter earnings of 40 cents a share on revenue of $314.2 million.

Friday, April 20, 2012

What Does Bernanke Know? - SmartMoney.com

Fed chairman Ben Bernanke surprised the markets yesterday when he hinted that his policy of easy money would continue.
"Further significant improvements in the unemployment rate," he said, "will likely require a more rapid expansion of production and demand from consumers and businesses, a process that can be supported by continued accommodative policies."

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Translation? Roughly: "The unemployment picture is worse than a lot of people think. To bring it down, the economy has to grow faster than it is right now. And to make sure that happens, I need to keep my foot on the gas."
So we may yet see another round of "quantitative easing," where the Federal Reserve uses bond purchases, and other maneuvers, to inject liquidity in the economy.
Judging by the reaction, this was a surprise to markets. But should it have been?
For the last two months, investors have been growing increasingly complacent about the economic recovery. After all, the official unemployment rate has come down from a peak of 10%, in 2009, to 8.3% now -- the lowest rate since early '09. Payroll data has been pretty good.
The consensus on Wall Street was that the economy had finally turned the corner, jobs were growing, and we were back on the path to normality. This is why stocks are up.
The jobs picture is certainly brighter than it was. But the headline numbers may flatter to deceive.
There are many reasons to distrust the unemployment figures. The most obvious is that those who give up looking for work no longer count among the official "unemploy! ment." ( Extraordinary, but true.)
But we know Ben Bernanke looks at the raw data.
What is he seeing?
Take a look at a chart I produce from time to time. It is drawn directly from the government's own reports. But instead of relying on their headline numbers, or various other bits of spin or presentation, I go to the raw data itself.
The chart focuses on just one simple number: The percentage of adult men, age between 25 and 54, who are in full-time work.
Let's call it "the Guy Rate."
It's not a perfect measure of the jobs market, but it's a key one and it cuts out a lot of noise. It ignores most kids in grad school, early retirees, and new mothers who choose to stay at home. It counts as unemployed a former $80,000 a year machinist who has given up looking for work. It also counts the one who is still stuck working one night shift a week at his local Shell station.
It focuses only on men of prime working age, it counts all of them, and then deducts only those who are in full-time work.
As you can see -- and as Ben Bernanke surely sees -- the picture remains grim. Just 75% of these guys are in full-time work -- or, to put it another way, one in four men of prime working age in America lacks a full-time job.
It's been down there since the financial crisis really hit the real economy, in January 2009. But what's really ominous is that it doesn't seem to have improved very much. The low was 73% in January 2010. Today it's barely two percentage points higher.
Worse: the Guy Rate today is lower than it has been for ! most of the economic crisis. It was 76% in August 2010. It is down a percentage point since November.
Certainly there are caveats. The figure may be a lagging one. The Guy Rate may be the last jobs indicator to pick up when the jobs market does. Part-time workers, young people, and women may see improvements sooner. And there's a touch of seasonality to the number -- it has tended in recent years to be slightly lower in the winter than the summer, though not by much.
Nonetheless the Guy Rate tells a gloomier story about jobs than you hear from the Vicodin brigade on Wall Street.
And this is, of course, despite the tsunami of money that has been thrown at the economy, which raised total non-financial debt to $38 trillion. Household debts remain sky high. At $13.2 trillion, they are still higher than they were as recently as early 2007, and four times what they were twenty years ago. Household debts actually rose again in the fourth quarter of last year.
Where does this leave investors?
It's hard to look closely at the data and be quite as cheerful as the Vicodin crowd. And yesterday's market reaction was hardly cause for cheer. We'd like to see the stock market powered higher by rising earnings, not by the hope of further liquidity. Wall Street rose about 1%. So did gold. So did the euro. In other words, the stock market in these circumstances is just the inverse of the currency.
Maybe we need QE III. Maybe it will work. I've met enough economists to know you can find one to support any policy or position. But if you can print your way to prosperity, why isn't Zimbabwe the richest country in the world?

Thursday, April 19, 2012

Tenet Healthcare Corporation (THC) in Talks to Acquire Australias Second Largest Hospital System

Tenet Healthcare Corporation (THC) in Talks to Acquire Australia�s Second Largest Hospital System
Tenet Healthcare Corporation (NYSE: THC), a Dallas, Texas-based healthcare services company, confirmed on Tuesday that it is in talks regarding a potential acquisition of Healthscope, Australia�s second largest hospital corporation. In a statement released by Tenet, the company said that it has a long standing policy of not giving any comments on market rumors; however, it made an exception in the case of Healthscope in response to the recent volatility seen in its shares.
Healthscope owns and operates 43 hospitals in Australia. It also operates Australia�s third biggest pathology business. In 2009, the company had an EBITDA margin of 13.8% and its revenue grew by 11.1%. Australia has a strong and growing economy. And with a growing population and with more and more people opting for private health insurance coverage, the country provides a great opportunity for private health care service providers.
Tenet says that if the deal goes through, it will be at a price which creates value for its shareholders. The company said it believes that the acquisition will enhance its payer mix, margins and growth rates. The transaction will also enable the two companies to share knowledge and capabilities. Tenet has said that the transaction is at a preliminary stage, at the moment and that it will provide further details at the Goldman Sachs Investor Conference, which will be held on June 15, 2010.
Shares of Tenet were up more than 8% in today�s trading. The stock reached a high of $5.16 in trading and at last check was up 7.84% to $5.09. Volume was up from daily average of 11.62 million to 21.74 million.
Tenet stock has a 52-week range of $2.46-$6.46. Currently, the stock! is trad ing below its 50-day and 200-day moving averages. It has seen support at around $4.09 and resistance at around $5.32.
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Wednesday, April 18, 2012

Great Stocks 2012

If you’re like best stock traders or investors, you’re more than likely always on the lookout for best stocks to watch and potentially buy should the stock reach your target entry price. Best stock opportunities come and go each day however, so instead of just providing you a list of penny stocks to look out for tomorrow (which will be pretty much useless to you the day after), I want to help educate you in the types of attributes to look for in a stock so that you are able to form your own best stock list at any time.
The example I’ll be using to illustrate my points at the present time is Great Western Minerals Group (GWG.V). Disclaimer – I own shares of GWG and will be merely using this stock as an example. What is right for me may not be right for you so always consult with a licensed financial advisor before making any investment decision. Now let’s get started.

Great Stocks 2012:SinoCoking Coal and Coke Chemical Industries Inc (SCOK)

 SinoCoking Coal and Coke Chemical Industries, Inc. operates as a coal and coke producer in the People?s Republic of China. The company offers metallurgical coke primarily for use in steel manufacturing; and chemical coke primarily for use in the production of synthesis gas, as well as a fuel source or as an intermediate for the production of other chemicals, such as methanol, formaldehyde, and ammonia. It also provides medium coal for electricity generation, and domestic and industrial heating applications; and coal slurries for use as a fuel. The company mines and sells washed coal, as well as engages in the trading of coal. In addition, it produces electricity from its by product, coal tar and sells to the state-owned electricity grid. The company is based in Pingdingshan, the People's Republic of China.

Great Stocks 2012:KKR Financial Holdings LLC (KFN)

 KKR Financial Holdings LLC, together with its subsidiaries, operates as a specialty finance company with expertise in a range of asset classes. It primarily invests in financial assets consisting primarily of below investment grade corporate debt, including senior secured and unsecured loans, mezzanine loans, high yield corporate bonds, and distressed and stressed debt securities; marketable equity securities; and private equity. The company also invests in other asset classes, including natural resources and real estate. Its corporate debt investments are held in collateralized loan obligation (CLO) transactions that the company uses as long term financing for these investments. The senior secured notes issued by the CLO transactions are owned by third party investors, who are unaffiliated with the company and it owns the majority of the mezzanine and subordinated notes in the CLO transactions. KKR Financial Advisors LLC serves as the manager of the company. KKR Financial Holdings LLC was founded in 2004 and is based in San Francisco, California.

Great Stocks 2012:Leggett & Platt Incorporated (LEG)

 Leggett & Platt, Incorporated designs and produces various engineered components and products worldwide. Its Residential Furnishings segment offers bedding components, such as innersprings and wire forms; furniture components, including steel mechanisms, springs, seat suspensions, steel tubular seat frames, bed frames, ornamental beds, and power foundations; and structural fabrics, carpet underlay materials, and geo components. This segment serves manufacturers of finished bedding products or upholstered furniture. The company?s Commercial Fixturing & Components segment provides shelving, counters, showcases, and garment racks; standardized shelvings; point-of-purchase displays; and bases, columns, back rests, casters, and frames. This segment offers its products to retail chains and specialty shops; brand name marketers; distributors of consumer products; and office, institutional, and commercial furniture manufacturers. Its Industrial Materials segment provides steel rods, drawn wires, steel billets, fabricated wire products, welded steel tubing, and fabricated tube components to bedding and furniture, and mechanical spring makers; automotive seating, and lawn and garden equipment manufacturers; and waste recyclers, waste removal businesses, and medical supply businesses. The company?s Specialized Products segment offers manual and power lumbar support and massage systems; seat suspension systems; automotive control cables; low voltage motors; actuation assemblies; formed metal and wire components; quilting machines; machines for shaping wire into springs; industrial sewing/finishing machines; van interiors; and docking stations, as well as specialty trailers for telephone, cable, and utility companies. It serves bedding and automobile seating manufacturers. The company sells its products through its sales representatives and distributors. Leggett & Platt, Incorporated was founded in 1883 and is based in Carthage, Missouri.
Advisors' Opinion:
  • By Jeff Reeves At 2011-10-2! 1
    Founded in 1883, Leggett & Platt Inc. (NYSE: LEG) designs and manufactures a wide range of products used in items from home furnishings to automobile interiors to wires and tubing for industrial use.
    Current Yield: 4.1% ($1.08 a share annually)
    Dividend History: In July 2010, Leggett & Platt paid a quarterly dividend of 26 cents a share. This July, LEG it will pay 27 cents, or a nearly 4% increase. LEG has paid dividends since 1939.
    Dividend Outlook: According to Bloomberg data, LEG’s three-year dividend growth rate is expected to be 3.6%.
    Recent Performance: Leggett & Platt has underperformed across the last year, but has really taken off in 2011. The manufacturer has doubled the market with a nearly 15% gain since Jan. 1, and is up against a new 52-week high.
    Strong Outlook for Shares: Part of the reason Leggett & Platt has performed so well is because of strong earnings at the end of April, which showed a 10% jump in sales, beating expectations, and higher guidance for fiscal 2011. Big growth of 28% in the specialized products segment gives investors reason to be optimistic about LEG stock for the rest of the year.

Great Stocks 2012:Toro Company (The) (TTC)

 The Toro Company designs, manufactures, and markets professional turf maintenance equipment and services worldwide. It operates in two segments, Professional and Residential. The Professional segment designs professional turf and agricultural products. It offers landscape contractor market products, including radius riding mowers, heavy-duty walk behind mowers, mid-size walk behind mowers, stand-on mowers, compact utility loaders, walk-behind trenchers, and stump grinders; sports fields and grounds market products, such as riding rotary mowers and attachments, aerators, debris management products, and multipurpose vehicles; and golf course market products comprising reel and rotary riding products, riding and walking mowers, turf sprayer equipment, utility vehicles, aeration equipment, and bunker maintenance equipment. This segment also provides residential/commercial irrigation market products consisting of rotors, sprinkler bodies and nozzles, plastic and brass valves, drip tubing and subsurface irrigation, and electric and hydraulic control devices; and micro-irrigation market products that regulate the flow of water for drip irrigation. It offers its products through distributors and dealers, as well as directly to government customers, rental companies, and professional users. The Residential segment offers walk power mowers; riding mowers; snow throwers; replacement parts; gas snow removal products; and home solutions products, such as trimmers, blowers, blower-vacuums, and underground and hose-end retail irrigation products. It markets its products to homeowners through outdoor power equipment dealers, hardware retailers, home centers, and mass retailers, as well as through the Internet. The Toro Company provides its products under the brand names of Toro, Exmark, Irritrol, Hayter, Pope, Lawn-Boy, and Lawn Genie. The company was founded in 1914 and is headquartered in Bloomington, Minnesota.

Great Stocks 2012:Deluxe Corporation (DLX)

 Deluxe Corporation, together with its subsidiaries, provides personalized printed products, promotional products, and merchandising materials in the United States, Canada, and Europe. Its Small Business Services segment offers printed products, including business checks, promotional products, marketing materials, and related services, as well as retail packaging supplies and a suite of business services comprising Web design and hosting, fraud protection, payroll, logo design, search engine marketing, business networking, and other Web-based services to small businesses. This segment also offers printed forms, such as billing forms, work orders, job proposals, purchase orders, invoices, and personnel forms; computer forms; and stationery, letterhead, envelopes, greeting cards and labels, and business cards in various formats and ink colors. It sells its products through mail and the Internet, referrals from financial institutions and telecommunications clients, independent distributors and dealers, and sales representatives. The company?s Financial Services segment provides check programs for personal and business checks, fraud prevention and monitoring services, customer acquisition campaigns, marketing communications, regulatory program services, and customer loyalty programs to banks, credit unions, and financial services companies primarily through direct sales force. Its Direct Checks segment sells personal and business checks, and related products and services directly to consumers through direct response marketing and the Internet. Deluxe also offers online financial management tools that provide banks with daily access to their financial position and general ledger information. The company was formerly known as Deluxe Check Printers, Incorporated and changed its name to Deluxe Corporation in 1988. Deluxe Corporation was founded in 1915 and is headquartered in Shoreview, Minnesota.

Great Stocks 2012:Micron Technology Inc. (MU)

 Micron Technology, Inc., together with its subsidiaries, engages in the manufacture and marketing of semiconductor devices worldwide. Its products include dynamic random access memory (DRAM) products that provide data storage and retrieval, which include DDR2 and DDR3; and other specialty DRAM memory products, including DDR, SDRAM, DDR and DDR2 mobile low power DRAM, pseudo-static RAM, and reduced latency DRAM. The company also offers NAND flash memory products, which are electrically re-writeable and non-volatile semiconductor devices that retain content when power is turned off. In addition, it provides NOR flash memory products that are electrically re-writeable and non-volatile semiconductor memory devices; phase change memory products; and image sensor products. Micron Technology?s products are used in a range of electronic applications, including personal computers, workstations, network servers, mobile phones, flash memory cards, USB storage devices, digital still cameras, MP3/4 players, and in automotive applications. It sells its products to original equipment manufacturers and retailers through internal sales force, independent sales representatives, and distributors, as well as through a Web-based customer direct sales channel. The company was founded in 1978 and is headquartered in Boise, Idaho.
Advisors' Opinion:
  • By Fitz Gerald At 2011-8-26
     The company's management has indicated a positive and more-balanced DRAM and NAND flash demand/supply outlook for 2011. The company also indicated a more-resilient near-term business model with low exposure to the weak PC DRAM segment (25 percent of revenues).
    Micron also indicated strong demand for NAND flash and price reductions consistent with learning curve cost reductions. With many smartphone and iPad/new Web tablets ramping, Micron management expects the benign pricing environment for NAND flash to continue in 2012.

Great Stocks 2012: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.

Great Stocks 2012:TECO Energy Inc. (TE)

 TECO Energy, Inc., an electric and gas utility company, through its subsidiaries, engages in the generation, purchase, transmission, distribution, and sale of electric energy. It provides retail electric service to approximately 672,000 customers in West Central Florida with a net winter system generating capability of 4,684 megawatts. The company also engages in the purchase, distribution, and marketing of natural gas. It serves approximately 336,000 residential, commercial, industrial, and electric power generation customers in Florida. In addition, the company owns mineral rights, owns or operates surface and underground mines, and owns interests in coal processing and loading facilities. TECO Energy, Inc. was founded in 1899 and is headquartered in Tampa, Florida.

Fulsome Volume Stock at NYSE - CVS

CVS Caremark Corporation (NYSE:CVS) witnessed volume of 23.92 million shares during last trade however it holds an average trading capacity of 7.58 million shares. CVS last trade opened at $38.84 reached intraday low of $38.73 and went +1.70% up to close at $38.80.
CVS has a market capitalization $52.54 billion and an enterprise value at $60.34 billion. Trailing twelve months price to sales ratio of the stock was 0.52 while price to book ratio in most recent quarter was 1.36. In profitability ratios, net profit margin in past twelve months appeared at 3.42% whereas operating profit margin for the same period at 6.16%.
The company made a return on asset of 6.11% in past twelve months and return on equity of 9.18% for similar period. In the period of trailing 12 months it generated revenue amounted to $98.53 billion gaining $72.40 revenue per share. Its year over year, quarterly growth of revenue was 8.90% holding -7.50% quarterly earnings growth.
According to preceding quarter balance sheet results, the company had $2.17 billion cash in hand making cash per share at 1.60. The total of $9.78 billion debt was there putting a total debt to equity ratio 25.76. Moreover its current ratio according to same quarter results was 1.60 and book value per share was 28.00.
Looking at the trading information, the stock price history displayed that its S&P500 52 Week Change illustrated 22.19% where the stock price exhibited up beat from its 50 day moving average with $36.96 and remained above from its 200 Day Moving Average with $34.36.
CVS holds 1.35 billion outstanding shares with 1.35 billion floating shares where insider possessed 0.26% and institutions kept 85.10%.

Tuesday, April 17, 2012

Investors Leaving India's Market Aren't Thinking Long-Term

The Center for Retirement Research at Boston College released Tuesday, June 8, a new issue brief that makes the case for so-called longevity bonds. The brief, written by authors affiliated with the Pensions Institute, Cass Business School at City University of London, makes the case for longevity bonds as instruments that would allow financial institutions to hedge aggregate longevity risk.
According to the brief, insurance companies and defined benefit pension plans face the risk that retirees might live longer than expected. This risk might adversely affect both the willingness and ability of financial institutions to supply retired households with financial products to manage their wealth decumulation.
Longevity bonds, it explains, which involve no repayment of principal, would pay a coupon that is linked to the survivorship of a cohort, say, 65-year-old males born in 1945. If a higher-than-expected proportion of this cohort survived to age 75 - a development that would cost the insurance company or pension plan more than expected - the coupon rate would increase, offsetting some of the provider's cost.
The brief highlights the benefits that could flow from a transparent and liquid capital market in longevity risk, and argues that the government could play an important role in helping this market grow. The line of reasoning comes from the United Kingdom, but has validity for all countries with mature funded pension systems.
Key findings include:
  • -- The bonds' coupon would rise if a cohort lived longer than expected, offsetting higher annuity costs.
  • -- Longevity bonds would lower capital requirements for insurers and reduce risk for pension plan sponsors.
  • -- Governments could take the lead in issuing such bonds and gradually shift most of the responsibility to the capital markets.

Investment News Briefs

FPIC Insurance Group, Inc. (NASDAQ:FPIC) achieved its new 52 week high price of $41.95 where it was opened at $41.90 UP 0.27 points or +0.65% by closing at $41.85. FPIC transacted shares during the day were over 67,331 shares however it has an average volume of 27,502 shares.
FPIC has a market capitalization $351.41 million and an enterprise value at $374.02 million. Trailing twelve months price to sales ratio of the stock was 1.80 while price to book ratio in most recent quarter was 1.31. In profitability ratios, net profit margin in past twelve months appeared at 14.26% whereas operating profit margin for the same period at 25.26%.
The company made a return on asset of 3.10% in past twelve months and return on equity of 10.06% for similar period. In the period of trailing 12 months it generated revenue amounted to $194.26 million gaining $21.98 revenue per share. Its year over year, quarterly growth of revenue was -2.80% holding -13.60% quarterly earnings growth.
According to preceding quarter balance sheet results, the company had $126.37 million cash in hand making cash per share at 15.05. The total of $48.94 million debt was there putting a total debt to equity ratio 18.33. Moreover its current ratio according to same quarter results was 3.11 and book value per share was 31.79.
Looking at the trading information, the stock price history displayed that its S&P500 52 Week Change illustrated 4.59% where the stock current price exhibited up beat from its 50 day moving average price $41.73 and remained above from its 200 Day Moving Average price $38.37.
FPIC holds 8.40 million outstanding shares with 7.74 million floating shares where insider possessed 5.56% and institutions kept 78.40%.

Monday, April 16, 2012

The Gilded Age of Wall Street Remains Intact

For decades, Wall Street offered the allure of big league paydays and behind-the-scenes power.

But since the 2008 financial crisis there's been a growing sense - or even hope - that The Street's stride had been broken. After all, demand for a financial system overhaul, regulatory reform, and a crackdown on Wall Street pay must take some toll.

Not hardly. Wall Street hasn't changed its ways and it never will.

Take it from a man who has spent decades on The Street, seeing everything firsthand.

Money Morning Capital Wave Strategist and retired hedge-fund manager Shah Gilani says that in the short-term, firms will have to deal with new rules and slimmer paychecks, but ultimately, they will still find a way to prosper.

"The bloom is off the rose and Wall Street is showing its thornier side, but the Street is still paved with gold," said Gilani. "On any relative basis, unless you're a rock star, star athlete or Hollywood heavy, there's no place like Wall Street to make your fortune. That's not going to change any time soon."

Wall Street Sidesteps Obstacles

Wall Street faces a new regulatory environment, pay cuts and angry public protests - but the effects won't be nearly as damaging as many critics had hoped.

For instance, the new Volcker Rule regulations, part of the Dodd-Frank financial oversight law, will go into effect next year. Its restrictions are perhaps the sternest to emerge from the campaign for reform.

The rule aims to ban proprietary trading, in which the banks traded for their own benefit rather than for the benefit of their customers, but also will address other areas such as hedge fund investing.

When all is said and done, the Volcker Rule could slam fixed-income operations revenue by as much as 25%.

Of course, JPMorgan Chase & Co. (NYSE: JPM), Bank of Ame! rica Cor p. (NYSE: BAC), and Citigroup Inc. (NYSE: C) aren't exactly quivering, since they derive less than 10% of their revenue from such activity.

And the firms with the most to lose - Goldman Sachs Group Inc. (NYSE: GS) and Morgan Stanley (NYSE: MS) - already are devising ways to avoid the regulations by dumping their "bank holding company" classifications

In 2008, the banks converted from securities firms to bank holding companies to qualify for bailouts. Now they simply intend to switch back.

These Wall Street heavyweights are also dealing with increased scrutiny of executive compensation, but continue to allocate a large percentage of profits for salaries and bonus pools.

Goldman Sachs' third quarter profit fell about 75%, but the firm only reduced compensation expenses by 25% for the quarter. Profit totaled $1.5 billion, down from $5.5 billion the year prior, but the company still spent $10 billion on compensation. Average pay for each Goldman employee was $292,000.

Goldman isn't the only firm to keep paying, despite efforts to curb Wall Street compensation. Average pay for JPMorgan employees is $290,000 according to third-quarter earnings. Citigroup's average pay went up 6% -- despite flat revenue.

"I wouldn't shed too many tears for Wall Street," Neil Barofsky, the former special inspector general for the Troubled Asset Relief Program (TARP), told Bloomberg News. "The systemic advantage that the too-big-to-fail banks enjoyed in the lead-up to the financial crisis may be diminished in the near term, but the structure is still essentially the same and will almost certainly help catapult them to record profits and bonuses once the good times return."

Wall Street: The Only Place to Really Make Money

Indeed, Wall Street may have taken a beating, but it still offers something most other careers don't: a chance to generate vast amounts of wealth without risking y! our own money.

"At the end of the day, it usually takes money to make money, so if you don't have any but you want to make a lot of it, Wall Street is the only place where you can make money with other people's capital," said Gilani.

Even amid a global protest movement, Wall Street's ability to attract customers and turn profits overshadows its troubles.

"While some grads may be rethinking their options, it's unlikely too many who look to the Street of Dreams are going to wake up to all the bad press Wall Street has been getting and decide to take some higher road," Gilani said.

And where there's a promise of riches, there's corruption.

"All power corrupts. It's impossible to weed out corruption and greed on Wall Street, money does strange things to some people," said Gilani.

Of course, that's exactly why it helps to have someone like Gilani on your side. As a former Wall Street insider, Gilani knows how Wall Street operates and how to spot the "catch" when something sounds too good to be true. If you want to make money but need help separating the suspects from the prospects, you can turn to Gilani in his new publication, Wall Street Insights & Indictments.

His goal simply is to show you what's really going on in the markets, so you can "know the story" and make some money.

And the best part is, this new service is absolutely free. Just sign up by clicking here. You'll also receive Gilani's latest report: "5 Ways to Trade the Coming EU Collapse - And Make a Killing."

Sunday, April 15, 2012

Stocks Positive Change at NASDAQ IMMU, GERN, MPEL, AXAS

Immunomedics, Inc. (NASDAQ:IMMU) opened at $3.58 and with a gain of 2.23% closed at $3.66. Company�s fifty days average price is $3.44 whereas it has a market capitalization $275.78 million.
The total of 1.21 million shares was transacted over last trading day.
Geron Corporation (NASDAQ:GERN) opened at $4.92 and with a gain of 1.85% closed at $4.95. Company�s fifty days average price is $5.06 whereas it has a market capitalization $593.91 million.
The total of 1.90 million shares was transacted over last trading day.
Melco Crown Entertainment Ltd (NASDAQ:MPEL) opened at $6.95 and with a gain of 1.76% closed at $6.95. Company�s fifty days average price is $6.95 whereas it has a market capitalization $3.70 million.
The total of 5.14 million shares was transacted over last trading day.
Abraxas Petroleum Corp. (NASDAQ:AXAS) opened at $6.01 and with a gain of 1.70% closed at $5.97. Company�s fifty days average price is $4.49 whereas it has a market capitalization $456.07 million.
The total of 3.99 million shares was transacted over last trading day.

Saturday, April 14, 2012

(Updated) Brocade: Goldman, S&P Downgrade; Shares Fall 10%

Shares of Brocade Communications (BRCD) are tumbling in the wake of last night’s first-quarter revenue miss. Today both Goldman Sachs and S&P Equity Research downgraded shares of the data center play.
Goldman Sachs analyst Min Park lowered the stock to Neutral from Buy and cut Brocade’s price target to $6.50 from $8, citing uneven execution, potential for weakness in Brocade’s storage networking segment and lack of near-term catalysts.
At S&P, analyst Jim Yin slices Brocade’s price target by $2 to $5.50 and lowers shares to Hold from Buy. Yin notes that a rebound in Brocade’s ethernet business was more than offset by the decline in data storage revenue.
Shares of Brocade are off 10.7%, or 63 cents, to $5.24.
Update: Canaccord Genuity thinks the selloff has created an attractive opportunity. Analyst Paul Mansky this afternoon upgraded the stock to Buy from Hold. Mansky says the second quarter holds questions related to seasonality, competition, Europe and OEM inventories. But, “we view the challenges as fully discounted, leaving attractive returns over the 6- to 12- month horizon,” he writes in a note.

Best Wall St. Stocks Today:

Investigating the people behind those sketchy flat-stomach ads.
By Chadwick Matlin for The Big Money
The Internet wants me to have a flat stomach�and it wants me to have it for free. Over the last few months, those flat stomach ads have followed me around the Internet like a beggar asking for money. On many of my favorite Web sites (including the ones I work for), high-class Internet advertising has been replaced by these low-budget pictures promising a better physical and superficial life.
The ads plead: Wouldn�t I like to click and read a flat-stomach testimonial? And from there, wouldn�t I like to click to see a product that could help me get that flat stomach without even trying? And from there, wouldn�t I like to order that product for free? And wouldn�t I like to give them my credit card info? And wouldn�t I like to investigate a mysterious charge on my credit card bill 30 days after I subscribe to my free product? And wouldn�t I like to hold for two hours while I try to cancel my account after I realize I�ve been had?
Read more….

Friday, April 13, 2012

AuthenTec, Inc., (AUTH) Rolls Out Into China; Share Value and Volume Soars

U.S. indices were down this morning�after China's main index plunged 6.7%, adding to a nearly 3% drop on Friday. The sell-off in Chinese shares has been fueled�by�worries over bank lending that could�affect the country's economy as a whole.
Plunging Right Ahead
Gaining over 29% ($0.62) in early trading today, AuthenTec, Inc., (AUTH) http://www.authentec.com/ set a new market cap of $77 million. AUTH is currently trading in the $2.66 range on the NASDAQ. The 3-Month average daily trading volume of AUTH is 236,362 shares and it had easily tripled that number topping 996,219 shares traded by 10:30 a.m. EST.
The volume surge and stock price gain came on Company news that AUTH will expand into the greater Chinese mainland at the direction of a new Vice President. AUTH�has headquarters in Shangai, China and is based in Melbourne, Australia. Dr. Lunji Qiu was named as Vice President & General Manager of AuthenTec China.
Dr. Qiu previously held positions as Vice President of Product Development & General Manager of Atrua Technologies, General Manager of Broadcom China, and held management and engineering positions with Motorola in Singapore.
"His background and expertise, coupled with our expansion initiatives will help us further pursue the tremendous growth opportunities not only in China but the rest of the world, as well," said Scott Moody, AuthenTec Chairman and CEO.
AuthenTec's design center in Shanghai serves as a base of operations for AuthenTec China's sof! tware de velopment, sales and technical support teams. The Company recently added three new players to its 28-member China team, including two senior field applications engineers and a sales account manager.
AUTH management noted that China is a key region for growth in AuthenTec's target markets of notebook PCs, netbooks and smartphones. AuthenTec has the broadest portfolio of silicon fingerprint sensors on the market today. On August 7, AUTH reported revenues of $8.4 million for the period ending July third, up from $7 million in the first quarter and ahead of its guidance of between $7.8 million and $8.3 million.
AUTH provides fingerprint authentication sensors and solutions to nearlt 50 million personal computer and wireless device markets via its TrueSuite and Power of Touch applications. �
At $2.66, AUTH is below its 52-week high of $8.39 set on 09-02-08 and above its 52-week low of $1.26 set on 02-27-09. At $2.66, AUTH is ahread of both its 50-day and 200-day moving averages. Auth has trailing twelve month revenues of $45 million. Its shares out versus float ratio is near-parity.
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Wednesday, April 11, 2012

Barrick Gold Corp. (NYSE: ABX) Bets Big on Copper Demand in $7 Billion Deal

Barrick Gold Corp. (NYSE: ABX), the world's biggest gold company, announced a big bet on copper yesterday (Monday) with a $7.68 billion ($7.3 billion Canadian) offer for copper producer Equinox Minerals Ltd. (ASX: EQN; TSE: EQN).

Copper prices are up about 15% in the past year on higher demand from China and other developing economies.

Equinox owns two key sources of copper production: the Lumwana mine - Africa's third largest by production - in Zambia's rich copper region; and most of Saudi Arabia's Jabal Sayid project, the country's biggest deposit of the metal. At full capacity, Lumwana is expected to account for 20% of Zambia's copper production.

"The acquisition of Equinox would add a high-quality, long-life asset to our portfolio and is consistent with our strategy of increasing gold and copper reserves through exploration and acquisitions," Barrick's President and Chief Executive Officer Aaron Regent said in a statement. "It's very rare that assets like this come on the market. If you look at the top 20 mines in the world, this is the only one that's actually available."

The deal will double Barrick's copper position. Barrick already produces copper at Chile's Zaldivar mine and Cerro Casale project.

Regent, like many commodities followers, is bullish on long-term copper prices.

"Directionally, I would say that most of the long-term copper price assumptions that are being used right now are understating what's going to happen," Regent said.

Barrick's offer is 1.39 times Equinox's enterprise value, higher than the average multiple offered for similar deals over the past few years, according to Bloomberg News.

"It really shows how few junior companies are available for acquisition by the major gold companies," John Stephenson, a senior portfolio manager at First Asset Investment Management Inc., ! told Bl oomberg.

Out of the 17 deals Barrick has completed since its start in the early 1980s, this deal would be the company's second-largest after a $10.2 billion purchase of Placer Dome Inc. in 2005.

Barrick is trying to diversify its gold focus to compete with global mining giants like BHP Billiton Ltd. (NYSE ADR: BHP) and Rio Tinto Plc (NYSE ADR: RIO). Barrick currently relies on gold for 80% of its revenue.

Equinox shares are up 37% this year and rose 11% on the Toronto Stock Exchange on news of the Barrick deal. The bid vales Equinox at $8.15 Canadian a share, 16% higher than a previous bid by China's Minmetals Resources. Minmetals offered $6.5 billion ($6.3 billion Canadian) on April 3, and Equinox called the bid a "lowball price."

"For Equinox shareholders, this is a great deal," John Goldsmith, a Toronto-based fund manager at Montrusco Bolton Investments Inc., told Bloomberg. "There won't be another bid higher than this. It more than fully values Equinox."

Equinox made an offer on Feb. 28 for Canadian copper and zinc producer Lundin Mining Corp. (TSE: LUN), but will drop the bid.

Commodity Prices Make for Ambitious Mining Sector

The materials sector, which includes mining, has already seen $133 billion in deals this year, more than double the $57.5 billion for the same period in 2010. This latest venture highlights how mergers and acquisitions and expansion projects are heating up in the mining sector as commodities prices continue soaring.

Gold settled at a record $1,509.10 an ounce Monday on the New York Mercantile Exchange, and hit an intraday record of $1,519.20 an ounce. Silver rallied 2.4% to close at $47.14 an ounce.

If commodities continue to climb, the deals that companies like Barrick are now making will seem like a steal compared to how high prices for mining assets could go.

"In a world where commodities are trading at ever new highs! , and y ou're looking at [the Zambian] project and the cash flow generated, the reality is today's prices may well be cheap in tomorrow's world," John Ing, an analyst at Maison Placements, told Reuters.

Mining companies are also sitting on a lot of cash, and hungry to score more assets in key producing regions.

"As de-leveraged companies compete for shrinking resources, we expect merger and acquisition activity to continue to pick up, characterized by larger deals and bolt-on acquisitions," Michael Lynch-Bell, global mining and metals transactions advisory leader at Ernst & Young, told Reuters.

Some of the biggest mining players like BHP Billiton, Rio Tinto and Xstrata Plc (LON: XTA) said instead of takeovers they are looking to spend billions on expansion efforts.

BHP said it expects to spend $80 billion on growth over the next five years.

"As one looks at a buy versus build equation, the clear opportunity for us is to continue to invest money in our organic portfolio," BHP CEO Marius Kloppers told analysts earlier this year.

Mining companies are also venturing into more politically risky regions like Papua New Guinea and Mongolia.

"If you are looking for new projects, new assets, then you have to go to those countries that are perceived to be riskier," said Lynch-Bell.

Lynch-Bell also said initial public offering (IPO) activity in the metals and mining sector should pick up in 2011 as well.

"We are certainly busier than we've been for a long time in terms of preparing companies for IPO: it's iron ore, it's coal, it's platinum," he said.

Tuesday, April 10, 2012

Child-Related Tax Breaks After Divorce - SmartMoney.com

Divorces cause tax issues, including which parent is allowed to claim valuable child-related tax breaks. Sometimes, but not always, it depends on which parent is allowed to claim the child as a dependent. Here's what you need to know.
Are You the Custodial Parent or the Noncustodial Parent?
For tax purposes, a child is usually treated as "belonging" to the parent who has custody for the greater part of the year. That parent is called the custodial parent. The other parent is called the noncustodial parent.

Also See

  • Don't Lend Uncle Sam Money at Tax Time
  • Give Your College Kid a Tax Break
  • 20 Ways to Make the Most of Capital Gains
The general rule says that only the custodial parent can claim the dependent exemption deduction for the child. However an exception allows the custodial parent to give the noncustodial parent the right to claim the designated child as a dependent. Making this concession doesn't help the custodial parent's tax situation, but it's often a necessary part of settling the divorce. We will call this exception to the general rule the noncustodial parent rule. As you will see, it is an important tax-saving provision for all you noncustodial parents out there.
Noncustodial Parent Rule Can Translate into Major Tax Savings
Under the noncustodial parent rule, the designated child is treated as a qualifying child of the noncustodial parent if all the following requirements are met.
Support Requirement: Over half the child's support for the year must be provided by one or both parents.
Divorced or Separated Requirement: The parents must be divorced or separated under a written agreem! ent at t he end of the year or have lived apart during the last six months of the year.
Custody Requirement: The child must be in the custody of one or both parents for over half the year.
Written Declaration Requirement: The custodial parent must sign a written declaration releasing to the noncustodial parent the right to claim the designated child as a dependent for the year. To meet this requirement, have the custodial parent sign IRS Form 8332 (Release/Revocation of Release of Claim to Exemption for Child by Custodial Parent). The noncustodial parent must attach a copy of Form 8332 to his or her Form 1040.
When all these requirements are met, the noncustodial parent is eligible for the tax breaks listed below with respect to the designated child. (Correspondingly, the noncustodial parent is ineligible.)
Dependency Exemption Deduction: This deduction is $3,800 for 2012; $3,700 for 2011.
Child Tax Credit: This credit is worth up to $1,000 for each eligible child (subject to phase-out for higher-income parents).
Higher Education Tax Credits: The American Opportunity credit can be worth up to $2,500 during the first four years of a child's college education. The Lifetime Learning credit can be worth up to $2,000, and it covers just about any higher education tuition costs. (Both credits are phased out as the parent's income goes up, but the Lifetime credit is phased out earlier.)
Student Loan Interest Deduction: This deduction can be for up to $2,500 of qualified student loan interest expense paid by the parent (subject to phase-out for higher-income parents).
Tuition Deduction: This deduction can be as much as $4,000 for higher education tuition and mandatory enrollment fees. (At higher income levels, the maximum deduction drops to $2,000 before being completely disallowed at still-highe! r levels .)
Important Point: When the noncustodial parent rule isn't in effect for a child, the breaks listed above are completely off limits for the noncustodial parent, but they can usually be claimed by the custodial parent.
Some Breaks Are Available to Both Parents
Whether the noncustodial parent rule applies or not, the noncustodial parent can usually claim the tax breaks listed below as long as the first three noncustodial parent rule requirements are met (the support requirement, the divorced or separated requirement, and the custody requirement). The custodial parent can also usually claim these breaks.
* Itemized deductions for the child's medical expenses paid by the parent.
* Tax-free employer-provided healthcare benefits for the child.
* Tax-free health savings account (HSA) distributions to cover the child's medical expenses.
Some Breaks Are Only Allowed to the Custodial Parent
The noncustodial parent cannot claim the following breaks based on a child to whom the noncustodial parent rule applies. The custodial parent can if he or she meets the applicable tax-law requirements.
Head of Household (HOH) Filing Status: Filing as an HOH is better than filing as a single taxpayer, because the standard deduction is bigger and the tax brackets are looser. A noncustodial parent cannot claim HOH filing status based on a child who falls under the noncustodial parent rule.
Earned Income Tax Credit: For 2012, this credit can be worth up to $3,169 for one qualifying child and up to $5,891 for three or more qualifying children. The credit is phased out as the parent's income goes up. A noncustodial parent cannot claim the credit for a child who falls under the noncustodial parent rule.
Child Care Tax Credit: This credit can range from $600 to $1,050 for one qualifying child; $1,200 to $2,100 for two or more--based on the parent's income. A nonc! ustodial parent cannot claim the credit for a child who falls under the noncustodial parent rule.
Tax-Free Childcare Assistance: This break allows up to $5,000 in federal-income-tax-free reimbursements for childcare expenses under an employer plan. A noncustodial parent cannot receive tax-free reimbursements for a child who falls under the noncustodial parent rule.
For More Information
The rules I've explained here are not so easy to understand, even for tax pros. For more information, check out IRS Publication 504 (Divorced or Separated Individuals) at www.irs.gov.

Monday, April 9, 2012

Best Wall St. Stocks Today:

From AAO Weblog
Finally, a �normal� sort of SAB 108 adjustment� normal, at least, in the context of what you�d expect.
Home healthcare provider Apria Healthcare Group went the cumulative-adjustment group in their 10-K filing for 2006, with their correction of revenue recognition. It�s exactly the kind of error you�d expect to see corrected a la SAB 108: a known error for years, immaterial when viewed one way – the rollover method, in this case – but material when you look at it in the context of the iron curtain.
(If the terms �rollover� and �iron curtain� leave you scratching your head, click here for some help.)
Apria�s issue: they bill customers monthly for the use of equipment. T
hat monthly bill is actually a prepayment on the part of the customer for the right to use the equipment for a month – but unless that billing takes place on the first day of the month, a portion of the billing is for revenue to be recognized in a subsequent month. Apria recognized revenue based on the billing, instead of the period in which the service was actually provided. The expense associated with those revenues also get recognized out of synch with the period in which the service is actually rendered, too. Net effect: early revenue and expense recognition.
To correct it, Apria established a deferred revenue account for $32.3 million and a deferred expense account for $22.7 million, implying about a 30% gross profit on such services. The after-tax effect hitting retained earnings: a charge of about $5.5 million. While any one year�s error might have been immaterial, catching up those all of the errors would have been material to any one year�s earnings.

A pretty basic principle – match revenues/expenses with the periods in which they�re earned and incurred – now being applied properly because of the amnesty provided by SAB 108. One wonders what would kind of scenario would instigate cor! rections everywhere if SAB 108 hadn�t come along.

Hot Stocks In September 2015

Many thanks to all of you who sent me an email with questions about your stocks. While there was no single company that seemed to be on everyone’s mind, there was a clear trend: Gold.
This week, I’ll cover three different precious metals companies to help show you the challenges and opportunities of the industry. But more importantly, I’m going to give you a clear buy signal for what I think is the very best stock to play the gold surge:

Hot Stocks In September 2015:CNO Financial Group Inc. (CNO)

 CNO Financial Group, Inc., through its subsidiaries, engages in the development, marketing, and administration of health insurance, annuity, individual life insurance, and other insurance products for senior and middle-income markets in the United States. The company markets and distributes Medicare supplement insurance, interest-sensitive and traditional life insurance, fixed annuities, and long-term care insurance products; Medicare advantage plans through a distribution arrangement with Humana Inc.; and Medicare Part D prescription drug plans through a distribution and reinsurance arrangement with Coventry Health Care. It also markets and distributes supplemental health, including specified disease, accident, and hospital indemnity insurance products; and life insurance to middle-income consumers at home and the worksite through independent marketing organizations and insurance agencies. In addition, the company markets primarily graded benefit and simplified issue life insurance products directly to customers through television advertising, direct mail, Internet, and telemarketing. It sells its products through career agents, independent producers, direct marketing, and sales managers. CNO Financial Group, Inc. has strategic alliances with Coventry and Humana. The company was formerly known as Conseco, Inc. and changed its name to CNO Financial Group, Inc. in May 2010. CNO Financial Group, Inc. was founded in 1979 and is headquartered in Carmel, Indiana.

Hot Stocks In September 2015:Nuveen Municipal Income Fund Inc. (NMI)

 Nuveen Municipal Income Fund, Inc. is a closed ended fixed income mutual fund launched by Nuveen Investments Inc. It is managed by Nuveen Asset Management. The fund invests in the fixed income markets. It primarily invests in municipal obligations issued by state and local government authorities. The fund?s investment portfolio comprises investment in companies operating in various industries, including healthcare, materials, education and civic organizations, and consumer staples. Nuveen Municipal Income Fund was formed on April 20, 1988 and is based in the United States.

Hot Stocks In September 2015:Edac Technologies Corporation (EDAC)

 EDAC Technologies Corporation provides design, manufacturing, and other services to the aerospace and industrial markets. The company produces low pressure turbine cases, hubs, rings, disks, and other complex and close tolerance components for various aircraft engine and ground turbine manufacturers. It also offers rotating components, such as disks, rings, and shafts; provides precision assembly services, including the assembly of jet engine sync rings, aircraft welding and riveting, post-assembly machining, and sutton barrel finishing; and engages in precision machining for the maintenance and repair of components in the aircraft engine industry. In addition, the company designs and manufactures fixtures, precision gauges, close tolerance plastic injection molds, and precision component molds for composite parts and specialized machinery. Further, it designs, manufactures, and repairs various types of precision grinders, as well as precision rolling element bearing spindles, including hydrostatic and other precision rotary devices for machine tool manufacturers, special machine tool builders and integrators, industrial end-users, and powertrain machinery manufacturers and end-users in the United States, Canada, Mexico, Europe, and Asia. The company serves a range of industries in areas, such as special tooling, equipment and gauges, and components used in the manufacture, assembly, and inspection of jet engines. EDAC Technologies Corporation was founded in 1946 and is based in Farmington, Connecticut.

Hot Stocks In September 2015:Stanley Black & Decker Inc. (SWK)

 Stanley Black & Decker, Inc. manufactures tools and engineered security solutions worldwide. The company?s Security segment provides a range of mechanical and electronic security products and systems, as well as various security services consisting of security integration systems, software, and related installation, maintenance, monitoring services; automatic doors, door closers, and exit devices; healthcare storage and supply chain solutions; patient protection products; hardware; and locking mechanisms. This segment sells its products to retailers; educational, financial, and healthcare institutions; and commercial, governmental, and industrial customers through direct sales forces and third party distributors. Its Industrial segment offers mechanics tools and storage systems, including wrenches, sockets, electronic diagnostic tools, tool boxes, and industrial storage and retrieval systems; engineered healthcare storage and retrieval systems; hydraulic tools and accessories; plumbing, heating, and air conditioning tools; assembly tools and systems; and specialty tools. This segment sells its products to industrial customers through third party distributors and direct sales forces. The company?s Construction & Do-It-Yourself segment manufactures hand tools, including measuring and leveling tools, planes, hammers, demolition tools, knives and blades, saws, chisels, and consumer tackers; consumer mechanics tools; storage units comprising plastic and metal tool boxes; and pneumatic tools and fasteners for use in construction, remodeling, furniture making, pallet and manufacturing applications. This segment sells its products to professional end users and consumers through retailers, including home centers, mass merchants, hardware stores, and retail lumber yards. The company was formerly known as The Stanley Works and changed its name to Stanley Black & Decker, Inc. in March 2010. Stanley Black & Decker was founded in 1843 and is based in New Britain, Connecticut.
Advisors' Opinion:
    By SamSam Collins Collins At 2011-9-11 Stanley Black & Decker, Inc. (NYSE: SWK ) is the largest producer of power tools and accessories with brands such as Stanley, Black & Decker, FatMax, DeWalt, Bostitch, Porter-Cable, Facom, Emhart Teknologies, Proto, Kwikset and Mac Tools. Sharp sales growth following the acquisition of Black & Decker in March 2010 focuses the company on the construction and do-it-yourself segments. Credit Suisse has an "outperform" rating on SWK with an earnings estimate of $6.11 for 2012. Their price target is $72. Technically the stock is holding above both its 200-day moving average and its bullish support line. A break above $65 supports a price target of $73.

Hot Stocks In September 2015:Mohawk Industries Inc. (MHK)

 Mohawk Industries, Inc., together with its subsidiaries, engages in the production and sale of floor covering products for residential and commercial applications primarily in the United States and Europe. The company operates through three segments: Mohawk, Dal-Tile, and Unilin. The Mohawk segment designs, manufactures, sources, distributes, and markets floor covering product lines, which include carpets, ceramic tiles, laminates, rugs, carpet pads, hardwood, and resilient. This segment offers its products under the brand names of Mohawk, Aladdin, Mohawk ColorCenters, Mohawk Floorscapes, Portico, Mohawk Home, Bigelow, Durkan, Horizon, Karastan, Lees, and Merit. In addition, this segment markets and distributes its soft and hard surface products through independent floor covering retailers, home centers, mass merchandisers, department stores, commercial dealers, and commercial end users, as well as through private labeling programs. The Dal-Tile segment designs, manufactures, sources, distributes, and markets a line of ceramic tile, porcelain tile, and natural stone products. This segment offers its products primarily under the Dal-Tile and American Olean brand names through company-owned service centers, independent distributors, home center retailers, tile and flooring retailers, and contractors. The Unilin segment offers laminate and hardwood flooring under the brand names of Quick-Step, Columbia Flooring, Century Flooring, and Universal Flooring through retailers, independent distributors, and home centers. This segment also produces roofing systems, insulation panels, and other wood products. Mohawk Industries, Inc. was founded in 1988 and is headquartered in Calhoun, Georgia.

Hot Stocks In September 2015:Exxon Mobil Corporation (XOM)

 Exxon Mobil Corporation engages in the exploration and production of crude oil and natural gas, and manufacture of petroleum products, as well as transportation and sale of crude oil, natural gas, and petroleum products. The company manufactures and markets commodity petrochemicals, including olefins, aromatics, polyethylene and polypropylene plastics, and other specialty products. As of December 31, 2010, it operated 35,691 gross and 30,494 net operated wells. The company has operations in the United States, Canada/South America, Europe, Africa, Asia, and Australia/Oceania. Exxon Mobil Corporation was founded in 1870 and is based in Irving, Texas.
Advisors' Opinion:
  • By Hawkinvest At 2012-2-23
    Exxon (XOM) is a must-own stock for many oil investors. This company has a strong balance sheet and a very significant reserve base, which grows in value with the price of oil. Exxon recently reported solid results with earnings for the fourth quarter of 2011 coming in at $1.97 per share. The company also reported that it bought back about $5 billion worth of shares. Weaker margins in the refinery business did impact results, but overall, the report shows that the company is poised for a solid year ahead. Exxon has a very strong balance sheet and it can afford to continue buying back shares which will help to boost future earnings. This stock was trading for about $80 per share in December, but has been trending higher. Exxon shares have recently been finding support around $83 per share, so buying on dips at that level are particularly attractive.

    Here are some key points for XOM:

    Current share price: $86.57
    The 52 week range is $67.03 to $88.23
    Earnings estimates for 2011: $8.25 per share
    Earnings estimates for 2012: $8.99 per share
    Annual dividend: about $1.88 per share which yields about 2.2%
  • By John Reese At 2012-1-11
    Again, another company that will win either way.  This is the largest company by market cap on the US stock market.  That makes them a safe haven asset when the economy is going south.  But in addition to their defensive qualities, they also have great long term prospects for growth.  They are always finding new reserves of oil.  But they are also investing in other energy sources as well like natural gas.  I think they will be a huge player in the natural gas power generation business in years to come.  I’m bullish here because I think gas will become a major player in the power generation industry in the US.  It burns cleaner than coal and safer than nuclear.
  • By Dave Friedman At 2011-9-23
    Institutional investors bought 79,917,190 shares and sold 113,327,900 shares, for a net of -33,410,710 shares. This net represents 0.68% of common shares outstanding. The number of shares outstanding is 4,885,000,000. The shares recently traded at $72.64 and the company’s market capitalization is $353,184,000,000.00. About the company: Exxon Mobil Corporation operates petroleum and petrochemicals businesses on a worldwide basis. The Company’s operations include exploration and production of oil and gas, electric power generation, and coal and minerals operations. Exxon Mobil also manufactures and markets f! uels, lu bricants, and chemicals.
  • By Jim Cramer At 2011-9-7
    Hmm. This is a tough one. Oil up $10 will certainly help, but the overpay of XTO Energy (XTO), a nat gas company bought when prices were so much higher, will continue to bite earnings and the company's conservative nature will make it seem plodding versus the other companies here. I don't share the appreciation many have for this company. I regard it more as a bank than an exploration and production company. That's why I see it only inching up about $5 to $78 and change, a very disappointing member of the Dow considering what is does for a living.

Hot Stocks In September 2015:General Dynamics Corporation (GD)

 General Dynamics Corporation provides business aviation, combat vehicles, weapons systems and munitions, military and commercial shipbuilding, and communications and information technology products and services worldwide. Its Aerospace group offers mid-size and large-cabin business-jet aircraft, as well as provides maintenance, refurbishment, outfitting, and aircraft services for business-jet, narrow-body, and narrow-body customers. The company?s Combat Systems group designs, develops, and produces tracked and wheeled military vehicles, weapons systems, and munitions. Its product lines include wheeled combat and tactical vehicles; battle tanks and infantry vehicles; munitions and propellant; rockets and gun systems; and drivetrain components and aftermarket parts. This group also manufactures and supplies engineered axles, suspensions, and brakes for heavy-load vehicles for military and commercial customers. The company?s Marine System group designs, builds, and supports submarines and surface ships for the U.S. Navy; and Jones Act ships for commercial customers. This group offers nuclear-powered submarines, surface combatants, and auxiliary and commercial ships; and provides design and engineering support services, as well as ship and submarine overhaul, repair, and lifecycle support services. Its Information Systems and Technology group provides technologies, products, and services that support a range of government and commercial communication, and information-sharing needs, including communications systems, command-and-control systems, and operational hardware; information technology services; and intelligence, surveillance, and reconnaissance systems to the U.S. Department of Defense, the Department of Homeland Security, intelligence community, federal civilian agencies, intelligence and homeland security communities, and commercial and international customers. General Dynamics Corporation was founded in 1899 and is based in Falls Church, Virginia.
Advisors' Opinion:
  • ! By Vatal yst At 2011-10-28
    General Dynamics (GD) operates in the aerospace/defense industry, is the fifth largest military contractor and one of the world’s largest makers of corporate jets. Its Gulfstream jet is one of the world’s most popular corporate aircraft.
    The common stock currently trades at price to earnings ratio of 8.9, well below industry average of 13.1 and its historical average of 13. Price to book ratio is 1.62 while price to cash flow ratio is 7.
  • By Dave Friedman At 2011-9-22
    The shares closed at $62.77, up $1.59, or 2.6%, on the day. They have traded in a 52-week range of $55.46 to $78.27. Volume today was 2,338,444 shares, against a 3-month average volume of 2,440,760 shares. Its market capitalization is $22.71 billion, its trailing P/E is 8.95, its trailing earnings are $7.01 per share, and it pays a dividend of $1.88 per share, for a dividend yield of 3.10%. About the company: General Dynamics Corporation is a diversified defense company. The Company offers a broad portfolio of products and services in business aviation; combat vehicles, weapons systems and munitions; shipbuilding design and construction; and information systems, technologies and services

Sunday, April 8, 2012

Triumphs of the Regulators

The magnificent and multiple failures of financial regulators over the past few years have been rather alarming. From Ponzi schemes to massive brokerage implosions, we’re no longer surprised by the multibillion dollar meltdowns; we’re just surprised that it keeps happening under the careful watch of financial regulators.
Pessimists say regulators have had so many big misses that they might as well not have existed. But this is a shortsighted view. It also fails to appreciate that creating a bureaucratic dynasty takes careful planning.
In recent years, the Securities and Exchange Commission’s pinnacle of regulatory success is illustrated by its “big” catches:
Exhibit A: The crucifixion of Martha Stewart has the SEC’s trademark stamped everywhere. She was convicted of lying to investigators about a stock sale that involved purposely avoiding $45,673 in market losses. Stewart served five months in prison, with limited access to flowers and baking pans. Because of her imprisonment, the SEC almost single-handedly starved our nation. How many cookie snacks were missed during Stewart’s detention? I’m glad to report most Americans have gained back all the pounds they lost.
Exhibit B: Allen Stanford is another outstanding example of “big” catches. He was allowed to become a billionaire after many years of being secretively watched but never caught. All fingers point directly to the SEC’s faulty license revocation policy. While the agency has revoked plenty of series 6s, 7s, and 24s, it has yet to revoke anybody’s license to steal. To salute his financial acumen, Antigua and Barbuda knighted Stanford as an official “Sir.” But in Texas, where he grew up, he’s still known as “cattywompus.”
Exhibit C: A final case study is none other than Bernard Madoff, whose multibillion dollar investment scam to this day continues to awe crooks (and capitalists) throughout the world. According to some accounts, he became a millionaire by the age of 29 but only because he was a thief by the age of 16. The SEC, technically speaking, cannot count Madoff as a “big” catch, because they never caught him. He was ratted out by his sons. As a result, Madoff was found guilty and sentenced to 150 years behind bars, which is a pretty good deal. Did you know that in the Republic of Congo — for similar sins and offenses — they rope you to a tree and come back for you in three months?
For whatever it’s worth, here is the general order of all securities rulemaking: Previous rules are replaced with new rules, which eventually get replaced with the previous rules. Meanwhile, as a team of government lawyers continually adds to the cesspool of existing rules, an even larger team of lawyers working for Wall Street exploits the loopholes like a hot knife slicing through butter. And whatever loopholes they miss, lobbyists have already begun to tackle. Ultimately, innovative rules lead to innovative rule-skirting.
For the quantitative-oriented minds that still don’t understand this concept, here are the equations:
Old Rules (x) + New Regulation (y) = More Rules10 (z)
More Rules10 (z) + Future Rules (?) = More Rules and Laws100
More Rules and Laws100 = More Loopholes1000
Mathematical equations aside, we are still left with a juicy question: Do more rules create better regulation?
To a greater extent, I think today’s police work has become a modern day replica of the Spanish Inquisition. In some cases it appears the SEC has completely shifted its attention away from regulating to revenge. Someday all of this may eventually lead to one worldwide regulator that combines Interpol, the CIA, FINRA, SEC, and SWAT into one united offense against anyone wearing a Brooks Brothers suit.
From what I gather, most of Wall Street’s criminals have already been barred from the securities business, or they’ve graduated to bigger things, like how to run the world. The rest of their time is spent sheltering their billions in private offshore charities. Thankfully they are no longer the SEC’s concern because they now fall under the dual jurisdiction of the IRS and Coast Guard.
For the public good, I would like to see the SEC simplify its charter and aim for more achievable milestones. How about this one: “We won’t make things worse.” Now there’s a bona fide mission statement, and it even has a nice ring to it. •
This commentary was adapted from Ron DeLegge’s new book Gents with No Cents: A Closer Look at Wall Street, its Customers, Financial Regulators and the Media (Half Full Publishing, 2011).

Understand The Art Of Trading

Trading successfully is a prolonged process and not the quick earn machine. Very few traders have the patience to walk through the process. This process begins with putting money in the real account and hoping to make quick bucks quickly. But having sacrificed few accounts and the emotional pain, one comes to a conclusion that it is a herculean task. So how can one transform from the one who has blown up many accounts into a successful trader? You can achieve this only if you remain patient and learn how you can trade profitably. One should look at every possible opportunity to learn the successful trading. There are many ways to improve your trading performance.
Don’t Repeat Mistakes
Mistakes are part and parcel of trading. There are few common mistakes most traders make when they start. If you are aware of these mistakes in advance you will know which aspects to be careful of. One does not have to commit mistakes to learn. It is an intelligent approach to learni by avoiding mistakes.
Sign Up with a Mentor
One of the simplest ways is to sign up with a mentor. The advantage of having a mentor is that it will minimize your learning curve. One can still face the difficulties in trading. But mentor will help and guide you through this process especially in the light of the fact that he has seen all that. Mentor is an experienced trader and he knows most of the mistakes. Having mentor eliminates the noise in the process.
Select a Mentor Carefully
There are many famous mentors available on the Internet. They come from different countries. But it doesn’t matter in the age of Internet. You can easily reach them. You will have to select the mentor carefully. Most of the mentors outline their trading philosophy on their website. You should study their approach carefully. Visit their blogs and spend some time there. Get an idea of their trading strategy by watching videos if available. If it makes any sense to you then only go ahead and sign up. Be aware of tradin! g gurus who use flashy advertisements.
Read Books
Other useful way to get knowledge of trading is to read books. There are some excellent books on trading. These books will tell you the logic behind a particular trading strategy or a particular indicator. If you are a price action trader, you should know why pin bars are formed and what information they convey? Reading books will help you in becoming a profitable trader as you will know why you are doing something.
Other Sources to Learn from
Other conventional methods include watching videos, reading blogs, subscribing to newsletter etc. Forex mentors stay in touch with the trading commuity through blogs, commentary on the recent happening in the markets. These are some of the cheapest form of acquiring the knowledge, as I don’t know any blog that charges you for reading. Newsletter will keep you updated with the latest analysis of the markets.
Trading successfully is not an easy job. If you keep learning, the roadblocks on the road will be fewer. If you have a thirst for knowledge, you can be successful at trading. Be prepared to assimilate the knowledge from every direction. It is not an impossible job to be a profitable trader.
Discover ways regarding how to become a profitable trader simply by visiting how to choose an online broker. You can also check out day trading strategies to learn more techniques.

Saturday, April 7, 2012

Best Stocks To Watch For 2013

The price of gold reached an all-time high of nearly $1,610 an ounce this week as new buyers continue to stream into the market, seeking safe haven from the U.S. dollar and a shaky global economy.
Data from the U.S. Commodity Futures Trading Commission (CFTC) continues to show a surge in gold buying from large financial institutions and money managers, despite record prices.
But while gold continues to shine in the limelight, silver has been the real moneymaker...
The price of silver has surged over 50% since the beginning of the year, making it the single best performing major commodity of 2013 so far.

Best Stocks To Watch For 2013:HopFed Bancorp Inc. (HFBC)

 HopFed Bancorp, Inc. operates as the holding company for Heritage Bank that provides various banking products and services primarily in western Kentucky, and middle and western Tennessee. The company offers a range of deposit products, including demand deposits, time deposits, money market accounts, passbook savings accounts, individual retirement accounts, and certificates of deposit. Its loan portfolio comprises one-to-four family residential loans, multifamily residential loans, construction loans, nonresidential loans, commercial real estate loans, and land and land development loans, as well as loans secured by deposits, other consumer loans, and commercial loans. The company, through its subsidiary, Fall and Fall Insurance Agency, sells life and casualty insurance products to individuals and businesses. HopFed Bancorp offers its products and services through its branch offices located in Hopkinsville, Murray, Cadiz, Elkton, Fulton, Calvert City, and Benton, Kentucky; and in Clarksville, Pleasant View, Ashland City, Kingston Springs, and Erin, Tennessee. The company was founded in 1879 and is headquartered in Hopkinsville, Kentucky.

Best Stocks To Watch For 2013: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.

Best Stocks To Watch For 2013:Citizens South Banking Corporation (CSBC)

 Citizens South Banking Corporation operates as the holding company for Citizens South Bank that provides various commercial banking services to local customers in the United States. The company offers a range of retail products, commercial banking services, and mortgage lending services. It provides retail deposit products, such as checking, savings, negotiable order of withdrawal, and money market accounts, as well as time deposits and individual retirement accounts. The company also offers commercial analysis deposit accounts, business checking accounts, and repurchase agreements for business customers. In addition, it provides various consumer and commercial loans, including business, real estate, residential, and consumer loans. Further, the company offers consumer and business credit cards, debit cards, commercial letters of credit, and safe deposit box rentals, as well as electronic funds transfer services, including automated clearing house and wire transfers. Additionally, it provides online banking, remote deposit capture, cash management, bank-by-phone capabilities, and ATM services. The company also acts as a broker in the sale of uninsured financial products. As of March 31, 2011, it operated through 21 branch offices located in North Carolina, South Carolina, and Georgia. The company was founded in 1904 and is headquartered in Gastonia, North Carolina.

Best Stocks To Watch For 2013:Consolidated Edison Company of New York Inc. (ED)

 Consolidated Edison, Inc., through its subsidiaries, provides electric, gas, and steam utility services in the United States. It provides electric service to approximately 3.3 million customers and gas service to approximately 1.1 million customers in New York City and Westchester County, as well as provides steam service to office buildings and apartment houses in parts of Manhattan. The company also provides electric service to approximately 0.3 million customers in southeastern New York and in adjacent areas of northern New Jersey, and northeastern Pennsylvania; and gas service to approximately 0.1 million customers in southeastern New York and adjacent areas of northeastern Pennsylvania. In addition, Consolidated Edison involves in the sale and related hedging of electricity to wholesale and retail customers; operation of generating plants; participation in other infrastructure projects; and provision of energy-efficiency services, including the design and installation of lighting retrofits, high-efficiency heating, ventilating and air conditioning equipment, and other energy saving technologies to government and commercial customers. It serves residential, industrial, and large commercial customers. The company was founded in 1884 and is based in New York, New York.

Best Stocks To Watch For 2013:WD-40 Company (WDFC)

 WD-40 Company engages in the production and sale of consumer products. The company offers a multi-purpose maintenance product, which acts as a lubricant, rust preventative, penetrant, cleaner, and moisture displacer under the WD-40 brand name; multi-purpose drip oil and spray lubricant products, and other specialty maintenance products under the 3-IN-ONE brand name, which are used by household consumers for locksmithing, HVAC, marine, farming, construction, and jewelry manufacturing applications; and line of industrial grade, specialty maintenance products that includes lubricants, penetrants, degreasers, and cleaners designed specifically for the needs of industrial users under the Blue Works brand name. It also provides homecare and cleaning products, such as mildew stain remover and automatic toilet bowl cleaners under the X-14 brand name; long-lasting automatic toilet bowl cleaners under the 2000 Flushes brand name; room and rug deodorizers sold as powder, aerosol foam, and trigger spray products under the Carpet Fresh brand name; an aerosol carpet stain remover and a liquid trigger carpet stain and odor eliminator under the Spot Shot brand name; carpet and household cleaners and rug and room deodorizers under the 1001 brand name; and heavy-duty hand cleaner products, which are sold in bar soap and liquid form under the Lava and Solvol brands. The company markets its products in approximately 160 countries worldwide through mass retail and home center stores, warehouse club stores, grocery stores, hardware stores, automotive parts outlets, and industrial distributors and suppliers. WD-40 Company was founded in 1953 and is headquartered in San Diego, California.

Best Stocks To Watch For 2013:Concho Resources Inc. (CXO)

 Concho Resources Inc., an independent oil and natural gas company, engages in the acquisition, development, and exploration of producing oil and natural gas properties in the United States. Its operations are focused in the Permian Basin of Southeast New Mexico and West Texas. The company also has acreage positions in the Bakken/Three Forks play in North Dakota. As of December 31, 2010, Concho Resources had estimated proved reserves of 323.5 million barrel of oil equivalent. The company is headquartered in Midland, Texas.

Best Stocks To Watch For 2013:Cash America International Inc. (CSH)

 Cash America International, Inc. provides specialty financial services to individuals primarily in the United States and Mexico. The company operates in three segments: Pawn Lending, Cash Advance, and Check Cashing. The Pawn Lending segment offers pawn loans through its pawn lending locations, which operate under the names Cash America Pawn and SuperPawn in the United States, and Prenda Facil in Mexico. This segment also sells previously-owned merchandise acquired from customers who do not redeem their pawned goods, as well as sells items purchased from third-parties or customers. The Cash Advance segment offers unsecured cash advances in selected lending locations that are operated under the names Cash America Payday Advance and Cashland in the United States; and short-term cash advances over the Internet under the names CashNetUSA in the United States, QuickQuid in the United Kingdom, and DollarsDirect in the Canada and Australia. This segment also involves in arranging loans for customers with independent third-party lenders through a credit services organization program; providing marketing and loan processing services for a third-party bank issued line of credit on certain stored-value debit cards that the bank issues; and purchasing a participation interest in certain line of credit receivables originated by the bank. The Check Cashing segment provides check cashing and other financial services, such as stored-value cards, money orders, and money transfers. This segment operates its check cashing locations under the Mr.Payroll name. As of December 31, 2009, it operated 676 pawn lending locations, including 667 company-owned units and 9 unconsolidated franchised units; 246 cash advance locations; and 120 unconsolidated franchised and 6 consolidated company-owned check cashing locations. The company was founded in 1984 and is headquartered in Fort Worth, Texas.
Advisors' Opinion:
  • By Cutler At 2012-2-23
    This chain of pawnshops is a backdoor way to play an increase in gold prices. Pawnshops have now replaced mainstream banks as the lender to the sub-prime community. Not only that, when people borrow from a pawnshop, they often hand over gold as collateral. As gold rises, so do the asset values sitting in the pawn shop. At nine times earnings, this one is cheap going into 2012. I own it.

Best Stocks To Watch For 2013:Eli Lilly and Company (LLY)

 Eli Lilly and Company develops, manufactures, and sells pharmaceutical products worldwide. It offers neuroscience products to treat schizophrenia, manic episodes, and bipolar maintenance; depression and diabetic peripheral neuropathic pain; attention-deficit hyperactivity disorder in children, adolescents, and adults; bulimia nervosa and obsessive-compulsive disorders; and bipolar depression and treatment-resistant depression. The company?s endocrinology products are used for diabetes; type 2 diabetes; osteoporosis in postmenopausal women; osteoporosis in postmenopausal women and men at high risk for fracture; and human growth hormone deficiency and pediatric growth conditions. It also provides oncology products to treat malignant pleural mesothelioma; pancreatic, metastatic breast, non-small cell lung, ovarian, and bladder cancers; and colorectal cancers, as well as offers cardiovascular products to treat erectile dysfunction and pulmonary arterial hypertension, for the reduction of thrombotic cardiovascular events in patients with acute coronary syndrome, as an adjunct to percutaneous coronary intervention, and to treat adults with severe sepsis at high risk of death. In addition, the company offers animal health products, such as cattle feed additives; antibiotics to treat respiratory and other diseases in cattle, swine, and poultry; leanness and performance enhancers for swine and cattle; protein supplements to improve milk productivity in dairy cows; anticoccidial agents; antibiotics to control enteric infections in calves and swine; parasiticides for use on cattle and premises; products to treat canine separation anxiety; and products that prevents flea infestations on dogs, as well as other pharmaceutical products to treat staphylococcal infections and bacterial infections. Eli Lilly distributes its products through independent wholesale distributors, as well as directly to pharmacies. The company was founded in 1876 and is based in Indianapolis, Indiana.
Advisors' Opinion:
    By Tom Hutchinson At 2011-9-20 Eli Lilly and Co. (NYSE: LLY) has been around since 1876. The company makes top drugs in a variety of areas, including antidepressant drug Prozac and neurological drug Zyprexa. Lilly is truly a global powerhouse, with product sales in 143 countries. Lilly faces steep patent expirations in the next two years on drugs accounting for about 40% of sales. But this problem seems well reflected in the stock, which sells for about seven times earnings, well below the market (15.4) and industry (13) averages. Like Bristol, Lilly is ambitiously trying to fill the looming patent hole. The company acquired biotech giant Imclone in 2008 and has been investing heavily in its internal pipeline of new drugs. Lilly has also built a war chest of $6 billion and is in a good position to make more acquisitions to boost earnings. In the meantime, the drug giant pays a 5.7% dividend yield that's strongly supported by a 41% payout ratio.

Friday, April 6, 2012

Denbury Resources Crushes Earnings Estimates

Denbury Resources (NYSE: DNR  ) reported earnings on Feb. 23. Here are the numbers you need to know.
The 10-second takeaway
For the quarter ended Dec. 31 (Q4), Denbury Resources beat expectations on revenues and crushed expectations on earnings per share.
Compared to the prior-year quarter, revenue grew significantly, and GAAP earnings per share expanded significantly.
Margins increased across the board.
Revenue details
Denbury Resources tallied revenue of $617.3 million. The six analysts polled by S&P Capital IQ expected to see a top line of $572.2 million on the same basis. GAAP reported sales were 19% higher than the prior-year quarter's $519.0 million.
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Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
EPS details
Non-GAAP EPS came in at $0.45. The 17 earnings estimates compiled by S&P Capital IQ forecast $0.32 per share on the same basis. GAAP EPS of $0.13 for Q4 were much higher than the prior-year quarter's $0.02 per share.
anImage
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
Margin details
For the quarter, gross margin was 78.4%, 1,110 basis points better than the prior-year quarter. Operating margin was 22.4%, 600 basis points better than the prior-year quarter. Net margin was 8.5%, 650 basis points better than the prior-year quarter.
Looking ahead
Next quarter's average estimate for revenue is $549.3 million. On the bottom line, the aver! age EPS estimate is $0.31.
Next year's average estimate for revenue is $2.36 billion. The average EPS estimate is $1.39.
Investor sentiment
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 1,024 members rating the stock outperform and 22 members rating it underperform. Among 320 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 317 give Denbury Resources a green thumbs-up, and three give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Denbury Resources is outperform, with an average price target of $24.22.
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  • Add Denbury Resources to My Watchlist.

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