Did Wall Street initially misread and misinterpret Federal Reserve Chair Janet Yellen’s spoken words regarding the timing of interest rate hikes? Thursday’s stock market rebound, which erased most of Wednesday’s $150 billion paper loss, suggests that they did.
Thursday’s price action was a mirror image of Wednesday. The Dow Jones industrial average rallied 109 points, or 0.7%, to 16,331, regaining most of the previous day’s 114-point loss.
Investors reassessed their initial analysis that it is a foregone conclusion that the Fed will start to raise short-term interest rates sooner than expected next year.
Traders also second-guessed the knee-jerk reaction that says rising rates a year from now is necessarily a bull market killer, especially with fresh evidence that the economy is regaining some of its vigor after a soft patch this winter.
5 Best Heal Care Stocks To W atch For 2015: Central Europe Russia and Turkey Fund Inc (CEE)
Central Europe and Russia Fund, Inc. (the Fund) is a non-diversified, closed-end management investment company. The Fund seeks long-term capital appreciation primarily through investment in equity and equity-linked securities of issuers domiciled in Central Europe and Russia. The Fund’s portfolio includes investments in Russian, Polish, Hungarian, Czech Republic, Turkish, Austrian, Dutch, Cyprus, Bermuda and Virgin Islands common stocks.
The Fund invests in various industries, including commercial banks, diversified telecommunication services, food products, metals and mining, personal products, wireless telecommunication services, building products, construction and engineering, diversified telecommunication services, media, pharmaceuticals, automobiles, and oil, gas and consumable fuels. The Fund is managed and advised by subsidiaries of the Deutsche Bank Group. The Fund’s investment advisor is Deutsche Asset Management International GmbH. The Fund’s manager is Deutsche Investment Management Americas Inc.
- [By Jake L’Ecuyer]
Among the financial stocks, Ashford Hospitality Trust (NYSE: AHT) was down more than 5.7 percent, while The Central Europe, Russia and Turkey Fund (NYSE: CEE) tumbled around 5 percent.
- [By STANSBERRYRESEARCH]
With emerging market speculation heating up again, TRF is trading for a 24% premium right now. If that premium climbs any higher, we predict another obliteration. – Brian Hunt, DailyWealth, December 21, 2006
We published that note in December 2006. By March 2009, it had lost more than 90% of its value. Perhaps more importantly to any long-term, buy-and-hold investor, the decline we foresaw in the fund would have wiped out more than 100% of the accumulated capital gains, assuming you invested as much as 15 years earlier. Now… I'd like you to look at the chart one more time. Look at what happened to the fund in the first half of 2009. It went nearly straight up. On April 17, 2009, we told subscribers to buy Russian stocks. Instead of using TRF, Steve Sjuggerud recommended a nearly identical Scudder Fund, the Central Europe and Russia Fund (NYSE: CEE). Both went up 150% from their March lows. So if you followed the buy-and-hold strategy in Russian stocks over the last 15 years, you would have made a very small amount of money – or lost money, depending on when you sold your shares. On the other hand, if you applied a few of our secrets, you could have easily traded this fund for more than 100% gains in only a few weeks. And if you watch this fund, you'll be able to make trades like this three or four times each decade. If you watch other similar funds, you'll be able to make trades like this once or twice a year. And let me tell you one more thing about this situation. In January 2007, when TRF was widely overvalued and when most individual investors were clamoring to buy shares – despite the premium valuation – we checked to see if we could sell the fund short. We knew it was going to collapse and wanted to profit directly as it fell. But we couldn't. Why not? Because other professionals had already borrowed all of the available shares to sh
5 Best Heal Care Stocks To Watch For 2015: Mesabi Trust (MSB)
Mesabi Trust operates as a royalty trust in the United States. The company produces iron ore pellets. It holds interest in the Peter Mitchell mine located in the Mesabi Iron Range near Babbitt, Minnesota. The company holds various agreements with the Northshore Mining Company that mines iron ore, which is in the form of taconite, crushes it, separates the iron particles from the non-metallic, and forms the resulting concentrate into pellets that are shipped for use in steel-producing blast furnaces of customers of CCI, a mining company that produces iron pellets in North America. Mesabi Trust was founded in 1919 and is based in New York, New York.
- [By Selena Maranjian]
For starters, imagine that you invested in Mesabi Trust (NYSE: MSB ) about a year ago and you’re down some 20% on your investment. Your holding might be looking to you like an answer to the question, “What is investment panic, Alex?” But don’t be so hasty. Ask yourself why you bought it. Mesabi Trust is a royalty trust that receives and then pays out to shareholders a portion of the proceeds from iron mined by a Cliffs Natural Resources subsidiary. Some might avoid it because royalty trusts often have expiration dates, but it’s worth noting that Mesabi’s is rather far away. But slowdown in demand for ore is a concern, one that has been an issue for Cliffs, too.
5 Best Heal Care Stocks To Watch For 2015: QCR Holdings Inc.(QCRH)
QCR Holdings, Inc., through its subsidiaries, provides commercial and consumer banking, and trust and asset management services for the Quad City, Cedar Rapids, and Rockford communities. The company accepts deposits and invests in loans/leases and securities. Its deposit products comprise interest bearing deposits, non-interest bearing and interest bearing demand deposits, savings deposits, time deposits, and brokered time deposits. The company also offers a range of commercial and retail lending and investment services to corporations, partnerships, individuals, and government agencies. Its loan portfolio comprises commercial loans, including loans to wholesalers, manufacturers, building contractors, business services companies, other banks, and retailers; business loans, which include lines of credit for working capital and operational purposes; term loans for the acquisition of facilities, equipment, and other purposes; commercial real estate loans; and consumer loans c omprising motor vehicle, home improvement, home equity, and signature loans, as well as small personal credit lines. In addition, the company engages in the direct financing lease contracts; holding the real estate property; and issuing various trust preferred securities. QCR Holdings was founded in 1993 and is headquartered in Moline, Illinois.
- [By Tim Melvin]
QCR Holdings (QCRH) is another bank that has consistently had a lower return on assets than its peer group. The Illinois based bank has 9 offices and about $2.4 billion in total assets. The bank has an equity-to-assets ratio of just 7.4, which is well below the national average. The Illinois market has seen strong merger and acquisition activity in the past year, and this bank could become a target .
5 Best Heal Care Stocks To Watch For 2015: Universal Display Corp (OLED)
Universal Display Corporation, incorporated on April, 24, 1985, is engaged in the research, development and commercialization of organic light emitting diode (OLED) technologies and materials for use in flat panel display, solid state lighting and other product applications. The Company’s primary business strategy is to develop and license its OLED technologies to product manufacturers for use in these applications. Its primary business is to develop and license its OLED technologies to manufacturers of products for display applications, such as cell phones, portable media devices, tablets, laptop computers and televisions, and specialty and general lighting products; and develop new OLED materials and sell the materials to those product manufacturers. The Company sells its OLED materials to customers for evaluation and use in commercial OLED products. As of December 31, 2012, the Company owns, exclusively license or have the sole right to sublicense more than 3,000 pate nts issued and pending worldwide. On July 23, 2012, the Company entered into a Patent Sale Agreement (the Agreement) with FUJIFILM. Under the Agreement, FUJIFILM sold more than 1,200 OLED related patents and patent applications.
Phosphorescent Organic Light Emitting Diode Technologies
Phosphorescent OLEDs utilize specialized materials and device structures that allow OLEDs to emit light through a process known as phosphorescence. Traditional fluorescent OLEDs emit light through an inherently less efficient process. Theory and experiment show that phosphorescent OLEDs exhibit device efficiencies up to four times higher than those exhibited by fluorescent OLEDs. Phosphorescence substantially reduces the power requirements of an OLED and is potentially useful in displays for hand-held devices, such as Smartphone’s, where battery power is often a limiting factor. Phosphorescence is also important for area displays such as televisions, where higher de vice efficiency and lower heat generation may enable longer ! product lifetimes and increased energy efficiency.
Additional Proprietary Organic Light Emitting Diode Technologies
Additional OLED Technologies include FOLED Flexible OLEDs, Thin-Film Encapsulation, UniversalP2OLED Printable Phosphorescent OLEDs, OVJP Organic Vapor Jet Printing, OVPD Organic Vapor Phase Deposition and TOLED Transparent OLEDs. The Company is working on a number of technologies required for the fabrication of OLEDs on flexible substrates. As of December 31, 2012, it was conducting research and development on FOLED technologies internally, under several of its United States government programs and in connection with the government-sponsored Flexible Display Center at Arizona State University (ASU). The Company announced its, patented encapsulation technology for the packaging of flexible OLEDs and other thin-film devices, as well as for use as a barrier film for plastic substrates. Its approach for manufacturing a small molecule OLED, including a PHOLED, is based on a vacuum thermal evaporation (VTE) process.
The Company has partnered with Aixtron AG, which is a manufacturer of metal-organic chemical vapor deposition equipment, to develop and qualify equipment for the fabrication of OLED displays utilizing the OVPD process. It has developed a technology for the fabrication of OLEDs that have transparent cathodes. TOLEDs use a transparent cathode and either a transparent, reflective or opaque metal anode.
Organic Light Emitting Diode Materials Supply Business
The Company supplies its proprietary UniversalPHOLED materials to display manufacturers and others. The Company qualifies its materials in OLED devices before shipment in order to ensure that they meet required specifications. During 2012, the Company continued supplying its proprietary UniversalPHOLED materials to SDC for use in its commercial AMOLED display products and for its development efforts. During 2012 , the Company also supplied its UniversalPHOLED materials to! LG Displ! ay for use in its commercial AMOLED display products, to Tohoku Pioneer for use in its commercial PMOLED display products, and Konica Minolta for its manufacture of commercial OLED lighting products. During 2012, the Company also supplied its proprietary OLED materials to these and various other product manufacturers for evaluation and for purposes of development, manufacturing qualification and product testing.
The Company competes with Eastman Kodak Company (Kodak), Cambridge Display Technology, Ltd. (CDT), Sumitomo Chemical Company (Sumitomo), Idemitsu Kosan Co., Ltd. (Idemitsu Kosan), Merck KGaA and BASF Corporation.
- [By Jake L’Ecuyer]
Equities Trading UP
Universal Display (NASDAQ: OLED) shares shot up 14.68 percent to $28.52 after the company reported stronger-than-expected Q1 results.
- [By Dan Caplinger]
Stocks finished the week on the plus side, as the Dow hit a new high, and the broader market held its own against more bearish investors who are arguing more forcefully that the long bull market has to come to an end at some point. Several stocks helped to build some excitement for market participants, and Clean Energy Fuels (NASDAQ: CLNE ) , Universal Display (NASDAQ: OLED ) , and Nuverra Environmental Solutions (NYSE: NES ) were among the best-performing stocks in the market Friday.
- [By Peter Graham]
The Q1 2014 earnings report for advanced materials stock GT Advanced Technologies Inc (NASDAQ: GTAT), a potential peer of stocks like Corning Incorporated (NYSE: GLW), UniPixel Inc (NASDAQ: UNXL) and Universal Display Corporation (NASDAQ: OLED), is due out after the market closes later today. Aside from the GT Advanced Technologies earnings report, it should be said that Corning Incorporated already reported earnings on Monday, April 28 while UniPixel Inc and Universal Display Corporation are both scheduled to release earnings after the market closes on Thursday. All of these stocks are interesting because all supply advanced materials to consumer electronics, mobile device, solar and organic light emitting diode (OLED) or light emitting diode (LED) makers.
- [By Steve Symington]
What: Shares of Universal Display Corporation (NASDAQ: OLED ) plunged 10% Monday following reports Samsung (NASDAQOTH: SSNLF ) has abandoned plans to build a next-gen OLED television manufacturing facility.
5 Best Heal Care Stocks To Watch For 2015: Windstream Corporation(WIN)
Windstream Corporation provides communications and technology solutions in the United States. The company offers various solutions, including IP-based voice and data services, multiprotocol label switching (MPLS) networking, data center and managed services, hosting services, and communications systems to businesses and government agencies. It also provides high-speed Internet, voice, and digital television services to residential customers primarily located in rural areas. The company?s data services include data center and managed hosting, MPLS networking, and dedicated access, as well as high-speed Internet to business customers; integrated solutions consist of multiple voice and data services delivered over an IP connection; voice services comprise local and long distance, call waiting, caller identification, and voicemail; and special access services include point-to-point switching arrangements for voice and data traffic. In addition, it provides wholesale services, which primarily include voice and data services on a wholesale basis to other carriers; usage sensitive services to long distance companies; and other local exchange carriers for access to the network in connection with the completion of long-distance calls, as well as reciprocal compensation received from wireless and other local connecting carriers for the use of its facilities. As of June 30, 2011, the company served approximately 3.3 million access lines, 1.3 million high-speed Internet customers, and operated approximately 60,000 fiber route miles. Windstream Corporation is based in Little Rock, Arkansas.
- [By David Dittman]
Question: Windstream Holdings Inc (NYSE: WIN) has moved up significantly since your “sell” recommendation. What is the reason? Short covering? The company continues to support the dividend. What is your expectation?
- [By Lisa Levin]
Windstream Holdings (NASDAQ: WIN) shares gained 0.43% to touch a new 52-week high of $9.24. Windstream’s trailing-twelve-month ROE is 22.79%.
The WhiteWave Foods Company (NYSE: WWAV) surged 1.57% to reach a new 52-week high of $31.07. WhiteWave Foods shares have jumped 61.25% over the past 52 weeks, while the S&P 500 index has gained 14.97% in the same period.
- [By David Dittman]
Question: You recently recommended pulling the plug on Windstream Holdings Inc (NYSE: WIN) and dropped it from the UF Portfolio.
In reading that commentary and other news, I couldn’t find anything distinctive that had changed at Windstream. Was this a case of hoping for good news that never comes and finally giving up, or are you expecting some unexpected shoe to drop?