When consumers blink, investors get nervous. That’s the simple message from today’s early stock-market moves, as the latest reading on consumer sentiment fell to levels not seen for nine months. Moreover, with retail sales falling 0.4% last month and previous readings revised downward, consumers are clearly feeling a bit overextended in light of uncertainties regarding employment, government spending, and general economic growth. The impact on stocks was fairly muted, but it nevertheless pulled the Dow Jones Industrials (DJINDICES: ^DJI ) off their record highs for a loss of 53 points, or 0.36%, by 10:55 a.m. EDT. The S&P 500 has suffered a larger decrease of 0.73%.
Somewhat surprisingly, though, that negative sentiment didn’t make its way into consumer and retail stocks. Hope improvement retailer Home Depot (NYSE: HD ) was the biggest gainer in the Dow early on, rising 1.6% and hitting another all-time high after getting an upgrade from analyst firm Jefferies. The environment for construction-related stocks has been so strong in light of the rebound in housing that former Home Depot division HD Supply filed for a $1 billion initial public offering, having gone private back in 2007. The enthusiasm suggests that investors aren’t convinced that weak consumer sentiment will persist for long.
10 Best International Stocks To Own For 2014: Mettler-Toledo International Inc. (MTD)
Mettler-Toledo International Inc. supplies precision instruments and services worldwide. The company operates in five segments: U.S. Operations, Swiss Operations, Western European Operations, Chinese Operations, and Other. It offers weighing instruments for use in laboratory, industrial, packaging, logistics, and food retailing applications; analytical instruments for use in life science; automated chemistry solutions used in drug and chemical compound discovery and development; and metal detection and other end-of-line inspection systems used in production and packaging for food, pharmaceutical, and other industries. Its laboratory instruments include laboratory balances, pipettes, titrators, thermal analysis systems, and other analytical instruments comprising pH meters, density and refractometry instruments, moisture analyzers, as well as laboratory software, automated chemistry solutions, and process analytic instruments. The companys industrial solutions comprise in dustrial weighing instruments, industrial terminals, automatic identification and data capture solutions, vehicle scale systems, industrial software, and product inspection systems. Its retail solutions consist of multiple weighing and food labeling solutions, such as stand-alone scales, and networked scales and software for handling fresh goods, such as meats, vegetables, fruits, and cheeses. The company serves the life science industry covering pharmaceutical and biotechnology companies, and independent research organizations; food and beverage producers; food retailers; chemical, specialty chemical, and cosmetics companies; transportation and logistics, metals, and electronics industries; and the academic community. It markets its products through its direct sales force, as well as through indirect distribution channels. Mettler-Toledo International Inc. was founded in 1991 and is based in Columbus, Ohio.
- [By Seth Jayson]
Calling all cash flows
When you are trying to buy the market’s best stocks, it’s worth checking up on your companies’ free cash flow once a quarter or so, to see whether it bears any relationship to the net income in the headlines. That’s what we do with this series. Today, we’re checking in on Mettler-Toledo International (NYSE: MTD ) , whose recent revenue and earnings are plotted below.
10 Best International Stocks To Own For 2014: InterOil Corp (IOC)
InterOil Corporation (InterOil), incorporated on August 24, 2007, is an integrated energy company operating in Papua New Guinea and the surrounding Southwest Pacific region. InterOil operates in four segments: upstream, midstream, downstream and corporate. The upstream segment explores, appraises and develops crude oil and natural gas structures in Papua New Guinea. This segment also manages its construction business, which services the development projects underway in Papua New Guinea. The midstream segment produces refined petroleum products at Napa Napa in Port Moresby, Papua New Guinea for the domestic market and for export. It is developing liquefaction and associated facilities in Papua New Guinea for the export of liquefied natural gas (LNG). The downstream segment markets and distributes refined products domestically in Papua New Guinea on a wholesale and retail basis.
During 2012, it sold approximately 13% of its refined petroleum products to Pacific Energy Aviation (PNG) Ltd for aviation refueling at Papua New Guinea’s international airport in Port Moresby. The corporate segment provides support to the other business segments by engaging in business development and improvement activities and providing general and administrative services and management, undertakes financing and treasury activities, and is responsible for government and investor relations. This segment also manages the Company’s shipping business, which operates two vessels transporting petroleum products for it’s and external customers, both within PNG and for export in the South Pacific region.
Upstream – Exploration and Production
InterOil’s upstream business segment focuses on the development program for the Elk, Antelope and Triceratops fields. The Elk and Antelope fields are onshore gas fields with contingent resources. As at December 31, 2012, it had interests in three PPLs and one PRL in Papua New Guinea covering 3,996,453 gross acres, all of which were operated by the Co! mpany. PPLs 236, 237 and 238 and PRL 15 are located onshore in the Eastern Papuan Basin, northwest of Port Moresby. It undertook exploration activities in its three exploration licenses, PPL 236, PPL 237 and PPL 238. These exploration activities involved a regional airborne geophysical survey, various seismic surveys across a number of prospects and preparation for drilling of its next appraisal well, Triceratops 2, which was spudded in mid-January 2012.
As of December 31, 2012, the Company had a 100% working interest in PPL 236. The license consists of 53 graticular blocks covering an area of 4,502 square kilometers or 1,112,464 acres. As of December 31, 2012, the Company had a 100% working interest in PPL 237. The license consists of 34 graticular blocks covering an area of 3,238 square kilometers or 715,648 acres. As of December 31, 2012, the Company had a 100% working interest in PPL 238. The license consists of 94 graticular blocks covering an area of 7,92 2 square kilometers or 1,978,565 acres.
The Company’s refinery is located across the harbor from Port Moresby, the capital city of Papua New Guinea. Its refinery is the sole refiner of hydrocarbons located in Papua New Guinea. Jet fuel, diesel and gasoline are the primary products that the Company produces for the domestic market. The refining process also results in the production of two Naphtha grades and low sulfur waxy residue. Papua New Guinea is its principal market for the products its refinery produces, other than Naphtha and LSWR. Its refinery is fully certified to manufacture and market Jet A-1 fuel to international specifications and markets this product to both domestic Papua New Guinea and overseas airlines.
Downstream – Wholesale and Retail Distribution
The Company has the wholesale and retail petroleum product distribution base in Papua New Guinea. This business includes bulk storage, transporta tion distribution, aviation, wholesale and retail facilities! for refi! ned petroleum products. Its downstream business supplies petroleum products nationally in Papua New Guinea through a portfolio of retail service stations and commercial customers. As of December 31, 2012, InterOil provided petroleum products to 53 retail service stations with 43 operating under the InterOil brand name and the remaining 10 operating under their own independent brand. Of the 53 service stations that the Company supplies, 16 are either owned by or head leased to it, which it then sublease to company-approved operators. The remaining 37 service stations are independently owned and operated. It also provides fuel pumps and related infrastructure to the operators of the majority of these retail service stations that are not owned or leased by the Company under cover of equipment loan agreement. Its retail business accounted for approximately 15% of its total downstream sales during 2012. Its retail and wholesale distribution business distributes diesel, jet fuel, avgas, gasoline, kerosene and fuel oil, as well as branded commercial and industrial lubricants, such as engine and hydraulic oils.
The Company competes with ExxonMobil.
- [By Lisa Levin]
InterOil (NYSE: IOC) shares reached a new 52-week low of $50.60. InterOil’s PEG ratio is -2.01.
Linktone (NASDAQ: LTON) shares touched a new 52-week low of $1.30. Linktone’s trailing-twelve-month operating margin is -20.15%.
- [By Robert Rapier]
InterOil Corporation (NYSE: IOC) advertises itself as an integrated energy company operating in Papua New Guinea and the surrounding region. The company has four segments: upstream, midstream, downstream and corporate. The upstream segment explores, appraises and develops crude oil and natural gas structures in Papua New Guinea.
- [By Tyler Crowe]
InterOil (NYSE: IOC ) : In many ways, the issue with investing in InterOil over the next year or so is very similar to investing in Cheniere Energy. Both of these companies are plays on assets that have not yet generated any revenue from those assets that makes it an attractive investment.
10 Best International Stocks To Own For 2014: Baoye Group Co Ltd (BKG)
Baoye Group Company Limited is engaged in the provision of construction service, manufacture and distribution of building materials and development and sale of properties. The Company three segments: construction, which includes provision of construction services; property development, which includes development and sale of properties, and building materials, which includes manufacture and distribution of building materials. Its subsidiaries include Zhejiang Baoye Construction Group Co., Ltd., Zhejiang Baoye Curtain Wall Decoration Co., Ltd., Zhejiang Baoye Infrastructure Construction Co., Ltd., Zhejiang Guangyi Construction and Decoration Co., Ltd., Zhejiang Baoye Real Estate Group Co., Ltd., Shaoxing Baoye Four Seasons Garden Real Estate Co., Ltd., Zhejiang Baoye Building Materials Industrialisation Co., Ltd., Zhejiang Baoye Steel Structure Co., Ltd. and others. During the year ended 31 December 2011, the Company acquired three parcels of new land in Wuhan, Shanghai, and He nan. Advisors’ Opinion:
- [By Inyoung Hwang]
Berkeley Group Holdings Plc (BKG) surged 8.3 percent after saying first-half profit rose 22 percent. London Stock Exchange Group Plc (LSE) climbed 2.4 percent after Bank of America Corp.’s Merrill Lynch unit recommended buying the stock. Givaudan SA (GIVN) lost 1.3 percent after Nestle SA said it will sell $1.27 billion of shares in the world’s largest flavorings maker.
10 Best International Stocks To Own For 2014: MFA Financial Inc (MFA)
MFA Financial, Inc., incorporated on July 24, 1997, is engaged in the business of investing, on a leveraged basis, in residential Agency mortgage-backed securities (MBS) and Non-Agency MBS. Its business objective is to generate net income for distribution to its stockholders resulting from the difference between the interest and other income it earn on its investments and the interest expense it pays on the borrowings, which it uses to finance its leveraged investments and its operating costs. Its operating policies require that at least 50% of its investment portfolio consist of ARM-MBS, which are either Agency MBS or rated in two rating categories by at least one of rating agency, such as Moody’s Investors Services, Inc., Standard & Poor’s Corporation (S&P) or Fitch, Inc. The remainder of its assets may consist of direct or indirect investments in other types of MBS and residential mortgage loans; other mortgage and real estate-related debt and equity; and other yiel d instruments.
The mortgages collateralizing the Company’s MBS portfolio are Hybrids, ARMs and 15-year fixed-rate mortgages. The Hybrids collateralizing its MBS typically have fixed-rate periods ranging from three to 10 years. Interest rates on the mortgage loans collateralizing its ARM-MBS reset based on specific index rates, which include London Interbank Offered Rate (LIBOR) or the one-year constant maturity treasury (CMT) rate. The mortgages collateralizing its ARM-MBS have interim and lifetime caps on interest rate adjustments. The Company’s Non-Agency MBS have been at discounts to face/par value.
- [By Dan Burrows]
SAN stock also has some nice momentum early in the second quarter, breaking above both its 50- and 200-day moving averages.
Cheap Dividend Stocks #5: MFA Financial (MFA)
Share Price as of 4/4: $7.78
YTD Stock Performance: 10%
Dividend Yield: 10.4%
- [By Rich Duprey]
After raising its payout last quarter by 10%, residential mortgage-backed securities REIT MFA Financial (NYSE: MFA ) announced today it was keeping its second-quarter dividend steady at $0.22 per share.
10 Best International Stocks To Own For 2014: AllianceBernstein Income Fund Inc (ACG)
AllianceBernstein Income Fund Inc. (the Fund), formerly known as ACM Income Fund Inc., is a diversified closed-end management investment company. The Fund’s investment objective is to provide high current income consistent with the preservation of capital. The Fund normally invests at least 80% of its net assets in income producing securities. It normally invests at least 65% of its assets in securities issued or guaranteed by the United States Government, its agencies or instrumentalities, and repurchase agreements pertaining to the United States Government securities. It may also invest up to 35% of its assets in other fixed-income securities, including those issued by non-governmental issuers in the United States and those issued by foreign governments. The Fund may invest up to 35% of its net assets in below-investment-grade securities. In addition, the Fund may utilize other investment instruments, including options and futures, and may employ leverage. On January 26, 2007, AllianceBernstein Income Fund Inc. acquired ACM Government Opportunity Fund, Inc.
The Fund invests in sovereign debt obligations of countries that are considered emerging market countries at the time of purchase. Part of the Fund’s assets will be invested in foreign securities. AllianceBernstein Income Fund Inc.’s investment advisor is AllianceBernstein L.P. (formerly known as Alliance Capital Management L.P.).
- [By Harry Domash, Publisher, DividendDetective and Winning Investing]
For instance, AllianceBernstein Income, ticker (ACG), has about 70% of its holdings rated AAA, which is the highest rating you can get. We have some that invest in global real estate.
We have some invested in utility, preferreds, and common. We have some invested in emerging market debt. We try to cover the whole spectrum of investing. When you’re looking at monthly payers, you’re usually getting bond funds as opposed to stock funds.
Steven Halpern: Now among those closed-end funds is there a name or two that stands out that people should be looking at?
Harry Domash: Well, one that’s really good for us has been Reaves Utility Income. It holds primarily US utility and telecom stocks and it’s been a pretty good dividend raiser. The ticker is (UTG), paying about a 6.1% yield now and it’s a good serial dividend increaser so it’s a very good one.
If you’re worried about rising interest rates then Invesco Dynamic Credit Opportunities, ticker (VTA), invests in below investment-grade floating rate bank loans. In other words, these are called senior loans.
They’re bank loans that adjust their payouts based on prevailing interest rates, so if interest rates go up, these loans will pay higher dividends, so this is a good hedge if you are concerned about rising interest rates.
Another one that’s really performed, and it’s paying a 6.9% yield right now, Guggenheim Strategic Opportunities, ticker (GOF), that’s actually Claymore Guggenheim, holds corporate and government backed, that it’s mostly investment-grade and it’s paying a 10.1% yield right now, which is pretty high. Those are three that I could recommend right now.
Steven Halpern: Well, we really appreciate you joining us today and sharing your expertise. Thank you.
Harry Domash: You’re welcome.
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10 Best International Stocks To Own For 2014: Bridge Capital Holdings(BBNK)
Bridge Capital Holdings operates as the bank holding company for Bridge Bank, National Association that provides commercial and retail banking services to small and medium size commercial businesses, business professionals, and retail customers primarily in California. Its depository and corporate banking services comprise cash and treasury management solutions, interest-bearing term deposit accounts, checking accounts, ACH payment and wire solutions, fraud protection, remote deposit capture through Smart Deposit Express, courier services, and online banking. The company?s lending solutions include working capital lines of credit; structured finance (asset-based lending and factoring); small business administration loans; commercial real estate loans; energy project financing; growth capital loans; equipment financing; letters of credit; and corporate credit cards. In addition, it serves clients operating internationally through services, such as foreign exchange (FX paym ents and hedging); letters of credit; and export/import financing. The company operates two branch offices in the Silicon Valley region, as well as five loan production offices in San Francisco, Pleasanton, and Orange County, California; Dallas, Texas; and Reston, Virginia. Bridge Capital Holdings was founded in 2000 and is headquartered in San Jose, California.
- [By Louis Navellier]
While the tech companies get all the attention in Silicon Valley the banks who serve the region are seeing amazing growth as well. Bridge Capital Holdings (BBNK) is a bank with two branch offices in the Silicon Valley region, as well as five loan production offices in San Francisco and Pleasanton, California, Dallas, Texas, Reston, Virginia, and Boston, Massachusetts.
10 Best International Stocks To Own For 2014: Fibria Celulose SA (FIBR3)
Fibria Celulose SA, formerly Votorantim Celulose e Papel SA, is a Brazil-based company involved in the production and sale of short fiber pulp. The Company operates pulp manufacturing plants in Aracruz (Espirito Santo), Tres Lagoas (Mato Grosso do Sul), Jacarei (Sao Paulo) and Veracel (Bahia). Additionally, the Company is engaged in the cultivation of eucalyptus. It has plantations in the Brazilian states of Sao Paulo, Minas Gerais, Rio de Janeiro, Mato Grosso do Sul, Bahia and Espirito Santo. In 2011, the Company sold a business unit active in paper production. The Company has a number of subsidiaries in Brazil and abroad, including Normus Empreendimentos e Participacoes Ltda, Fibria Overseas Finance Ltd and Fibria Celulose (USA) Inc, among others. On October, 2013, the Company announced merger by incorporation of Normus Empreendimentos e Participacoes Ltda, a wholly-owned subsidiary of the Company, in order to simplify the corporate structure. Advisors’ Opinion:
- [By Julia Leite]
Fibria Celulose SA (FIBR3), the world’s largest pulp producer, climbed after settling a tax dispute with Brazil over profits at its foreign units. Iron-ore producer Vale SA (VALE5) gained before a report due this weekend forecast to show manufacturing is still expanding in China, the company’s main export market.
- [By Harry Suhartono]
The Ibovespa dropped 1.8 percent as iron-ore producer Vale SA (VALE5), whose main export market is China, snapped a two-day gain. Pulp producer Fibria Celulose SA (FIBR3) retreated after posting quarterly earnings that trailed analysts’ estimates. Brazil plans to sell dollar bonds due in 2025, creating a new benchmark security in international markets, and buy back notes maturing in as little as four years.
10 Best International Stocks To Own For 2014: Epazz Inc (EPAZ)
EPAZZ, Inc., incorporated on March 23, 2000, develops a Web portal infrastructure operating system product called BoxesOS v3.0. The Company offers seven primary product lines. The Epazz BoxesOS v3.0 product is offered through Epazz, Inc., the Desk/Flex Software product is offered through Desk Flex, Inc., the Agent Power product is offered through Professional Resource Management, Inc., the AutoHire software is offered through Epazz, Inc., IntelliSys offers the Integrated Plant Management Control (IPMC) software product, K9 Bytes offers a series of Point of Sale software products for pet care, boarding and retail pet stores. In July 2012, the Company acquired K9 Bytes Software. In August 2012, the Company acquired MS Health Software Corporation (MS Health), a cloud-based solution for behavioral healthcare, mental health and social services providers.
BoxesOS provides a Web portal infrastructure operating system designed to satisfaction of key stakeholders (stud ents, faculty, alumni, employees, and clients). BoxesOS creates sources of revenue for Alumni Associations and Non-Profit organizations through utilizing a Web platform to conduct e-commerce and provides e-commerce tools for small businesses to easily create my accounts for their customers. BoxesOS can also link a college or university’s resources with the business community by allowing businesses to better train their employees by utilizing courseware development from higher education institutions.
Epazz BoxesOS v3.0
Epazz BoxesOS v3.0 (Web Infrastructure Operating System) is the Company’s flagship product. Epazz BoxesOS integrates with each organization’s back-end systems and provides a customizable personal information system for each stakeholder. The Company’s Services include Single sign-on, which provides a single-sign-on with security procedure to protect users’ information and identity; Course Management System, which manages distance, trad itional courses and Calendar; Enterprise Website Content Man! agement, which manages public sites with multi contributors; Integration Management Services, which integrated into Enterprise Resource Planning (ERP) and Mainframes; E-mail Management, which is an e-mail server and Web client; Instant Messenger Services, which is an instant messaging and alerts; Customer Relationship Management, which includes prospective students and alumni; Calendar/Scheduler Management, which includes event directory, groupware, and personal calendar; Administrative Support Services, which is an online payment services, and Business Services, which includes facility Management and Online Bookstore.
The AutoHire system provides a tool to power career centers, post job ads to sites and job boards, and to collect resumes online. One features of the AutoHire system is the interactive question and online screening and ranking system. The interactive question system provides a means for the client to maintain their own library of questions and to attach selected questions to job opportunities posted. Responses obtained can be used to screen and rank candidates to permit hiring managers to focus their attention on only the most suitable candidates.
Desk Flex Software
DFI developed the Desk/Flex Software (Desk/Flex) to enhance the value of businesses’ real estate investments and modernize their office space. Desk/Flex lets businesses make better use of office space restrictions by enabling employees to instantly access their workstation tools from multiple areas in and outside of the office. Desk/Flex lets employees reserve space in advance or claim space instantly. It adjusts the telephone switch (Private Branch Exchange (PBX)) so that calls ring at the desk du jour, or go directly to voice mail when a worker is not checked in. Key Features of Desk/Flex include Quick and Easy Check-In, Point-and-Click Floor Maps, PBX Interaction, Web Browser and Local Kiosk Acc ess, Advance Reservations and Occupancy Reports. Desk/Flex i! s respons! ive to office size and needs, servicing small to large businesses. Desk/Flex can be configured to administer a single site or multiple sites locally or remotely. Desk/Flex has full integration capabilities with both Nortel and Avaya, which combined represent the majority of the telecommunications and inbound automatic call distributor (ACD) market.
Agent Power Software
Agent Power Software (Agent Power) is Professional Resource Management, Inc.’s (PRMI’s) software line. Agent Power is a suite of six applications. The applications feature workforce management components, which include planning and scheduling; agent adherence; agent performance; automatic call distributor (ACD) group performance; real-time agent status, and info screen. All modules of Agent Power have full integration capabilities with Nortel, Avaya, and ROLM ACDs, and the Planning and Scheduling module works with any modern ACD system.
< p>IntelliSys developed the Integrated Plant Management Control (IPMC) Software, which is a software system design for water and wastewater facility management. IPMC is the technology-based strategy for optimizing operations by automatically collecting, managing, organizing and disseminating information for the operations, management, laboratory, maintenance, and engineering functions.
- [By Peter Graham]
Small cap stocks IN Media Corp (OTCMKTS: IMDC), Epazz Inc (OTCMKTS: EPAZ) and Polaris International Holdings (OTCMKTS: PIHN) have been busy developing new devices/products or making acquisitions. Moreover, at least two of these small cap stocks have been the subject of paid promotions or investor relations types of activities. Keeping that in mind, will new devices/products or acquisitions help these small caps along with their investors or traders? Here is a closer look:
- [By Peter Graham]
Small cap tech stocks Epazz Inc (OTCMKTS: EPAZ) and Pulse Network Inc (OTCBB: TPNI) have been getting some attention lately in various investment newsletters. That’s due in part to a few paid for promotions on behalf of both of these stocks. Of course, there is nothing wrong with properly disclosed promotions, but investors with a long term time horizon need to be more cautious as promotions tend to help traders. With that said, do these two small cap tech stocks have what it takes to succeed? Here is a quick reality check:
- [By James E. Brumley]
It’s probably a pretty safe bet that Epazz Inc. (OTCMKTS:EPAZ) isn’t a familiar name to most long-term investors. For that matter, EPAZ isn’t even a familiar name to short-term traders. Both groups may want to put the stock on their radar though (for different reasons), as the recent action evident on the chart suggests something is brewing here.
10 Best International Stocks To Own For 2014: Broadcom Corporation(BRCM)
Broadcom Corporation designs and develops semiconductors for wired and wireless communications. It provides a portfolio of system-on-a-chip (SoC) and software solutions for the manufacturers of computing and networking equipment, digital entertainment and broadband access products, and mobile devices, which enable the delivery of voice, video, data, and multimedia content to the home, office, and mobile environment. Its broadband communications products include cable modem SoCs; femtocell SoCs; MPEG/AVC/VC-1 encoders and transcoders; xDSL, passive optical network, and cable modem customer premises equipment and central office solutions; powerline networking SoCs; digital cable, direct broadcast satellite, terrestrial, and Internet protocol (IP) set-top box integrated receiver demodulators; high definition television and standard definition TV SoCs; and Blu-ray disc SoCs. The company?s mobile and wireless products comprise Wi-Fi and Bluetooth SoCs, wireless connectivity com bo chips, global positioning system SoCs, multimedia processors, applications processors, power management units, VoIP SoCs, mobile TV SoCs, and near field communications tags. Its infrastructure and networking products include Ethernet copper transceivers, Ethernet controllers and switches, backplane and optical front-end physical layer devices, security processors and adapters, and broadband processors. The company markets and sells its products through direct sales force, distributors, and manufacturers? representatives in the United States, as well as through regional offices, and a network of independent distributors and representatives in Asia, Australia, Europe, and North America. The company was founded in 1991 and is headquartered in Irvine, California.
- [By Marc Bastow]
Global semi-conductor solutions provider Broadcom (BRCM) raised its quarterly dividend 9.1% to 12 cents per share, payable on Mar. 3 to shareholder of record as of Feb. 14.
BRCM Dividend Yield: 1.59%
- [By Paul Ausick]
Short interest in Broadcom Corp. (NASDAQ: BRCM) rose 17.3% to 12.33 million shares. That is 2.2% of the total float. Broadcom is scheduled to report results on Thursday, and analysts estimate EPS at $0.57 on revenues of $2.02 billion. Both figures are below last year’s totals.
- [By Volcano Steve]
Other companies such as TriQuint (TQNT) and Broadcom (BRCM) are reporting results with "strong mobile demand" and "higher-than-anticipated sales of cellular system-on-chip (SOC) and touch controllers." More famously, Apple (AAPL) has announced record sales for its ARM-inside iPhone 5S model introduced last month. Investors and analysts already knew that ARM reports royalty revenue a quarter in arrears, so any gains from iPhone 5S sales will not start to be seen until ARM´s next quarterly report and were not expected to be a factor in this report.
10 Best International Stocks To Own For 2014: Ashmore Group PLC (ASHM)
Ashmore Group plc (Ashmore) is engaged in providing investment management services. The Company is a fund manager across six core investment themes, such as external debt, local currency, corporate debt, blended debt, equities, multi-strategy, alternatives and overlay/liquidity. External debt is a diversified portfolio of emerging market debt assets. Local currency takes advantage of the expanding local currency and local currency denominated debt market. Corporate debt focuses on the developing corporate debt asset class. Blended debt mandates specifically combine external, local currency and corporate debt measured against tailor-made blended indices. Multi-strategy is a dynamic asset allocation across other investment themes. Equities Focuses on liquidity and top down macro country selection in publicly traded. Overlay/liquidity helps to separate and centralize the currency risk of an underlying emerging market asset class. Advisors’ Opinion:
- [By Inyoung Hwang]
Ashmore Group Plc (ASHM) jumped 5.3 percent to 382.2 pence. The U.K. fund manager that invests in emerging markets reported full-year pretax profit and revenue that exceeded estimates. The London-based company also raised its dividend.