Charitable gifts can help many people. Of course, they help the beneficiaries of charities. Well-planned gifts also can help the donor by reducing income taxes and by providing a stream of income from an asset that previously generated no income.
There are several charitable giving strategies that help donors generate income from their gifts. Each is appropriate in different situations.
Charitable remainder trust. This is the classic vehicle for converting an appreciated asset into a stream of income while helping others.
In the CRT, you donate appreciated capital gain property to a trust you created. The trust sells the property and invests the proceeds to generate income or to achieve a combination of income and capital gains. The trust pays you (or other beneficiaries you name) income for either a period of years (up to 20 years) or for life, whichever you designate. After the income period ends, the remainder of the property in the trust goes to the c harity or charities you designated when creating the trust. The charities can be changed during the income payout period.
Best Consumer Service Stocks To Invest In Right Now: Diebold Inc (DBD)
Diebold, Incorporated, incorporated in August 1876, is engaged in providing integrated self-service delivery and security systems and services to the financial, commercial, government and retail markets. Sales of systems and equipment are made directly to customers by the Company’s sales personnel, manufacturers’ representatives and distributors globally. The sales and support organizations work closely with customers and their consultants to analyze and fulfill the customers’ needs. The Company has two lines of business: Self-Service Solutions and Security Solutions. The Company’s segments are consisted of two sales channels: Diebold North America (DNA) and Diebold International (DI). In September 2012, it acquired GAS Tecnologia (GAS).
The DNA segment sells and services financial and retail systems in the United States and Canada. The DI segment sells and services financial and retail systems over the remainder of the globe through wholly owned subsi diaries, joint ventures and independent distributors in countries throughout Europe, the Middle East, Africa, Latin America and in the Asia Pacific region, excluding Japan and Korea.
The Company offers an integrated line of self-service technologies and services, including comprehensive automated teller machine (ATM) outsourcing, ATM security, deposit and payment terminals and software. The Company is a global supplier of ATMs and related services. The Company offers a range of self-service solutions. Self-service products include a range of ATMs and teller automation, including deposit automation technology, such as check-cashing machines, bulk cash recyclers and bulk check deposit. The Company offers software solutions consisting of multiple applications, which process events and transactions. These solutions are delivered on the appropriate platform. From analysis and consulting to monitoring and repair, the Company provide s value and support to its customers every step of the way. ! Services include installation and ongoing maintenance of its products, OpteView remote services, branch transformation and distribution channel consulting. Outsourced and managed services include remote monitoring, troubleshooting for self-service customers, transaction processing, currency management, maintenance services and full support through person to person or online communication.
The Company provides its customers with the technological advances to protect their assets. The Company provides physical and electronic security systems, as well as facility transaction products, which integrate security, software and assisted-service transactions, providing total security systems solutions to financial, retail, commercial and government markets. The Company provides security solutions and facility products, including in-store bank branches, pneumatic tube systems for drive-up lanes, vaults, safes, depositories, bullet-resistive items and undercounter equipment. The Company provides a range of electronic security products, including digital surveillance, access control systems, biometric technologies, alarms and remote monitoring and diagnostics. The Company provides security monitoring solutions, including fire, managed access control, energy management, remote video management and storage, as well as logical security.
The Company provides end-to-end outsourcing solutions with a single point of contact for customer’s self-service channel. Its solution includes hardware, software, services or a combination of all three components. The Company provides value to its customers by offering a range of integrated services and support. The Company’s service organization provides analysis and planning of new systems, systems integration, architectural engineering, consulting and project management, which encompass all facets of a financial self-service imp lementation. The Company also provides design, products, ser! vice, ins! tallation, project management and monitoring of electronic security products to financial, government, retail and commercial customers.
The Company is a provider of voting equipment and related products and services in Brazil. The Company provides elections equipment, networking, tabulation and diagnostic software development, training, support and maintenance.
The Company competes with NCR Corporation, Wincor-Nixdorf, Grg Equipment Co., Nautilus Hyosung, Itautec and Perto.
- [By Matthew Frankel]
This past week at the Money 20/20 conference in Las Vegas, Diebold (NYSE: DBD ) displayed its concept of what could very well become the bank of the future.
- [By Mark Morelli]
How will the potential disruption impact business and affect investors? Should the executives at ATM manufacturers such as Diebold (NYSE: DBD ) be worried? Credit and debit card processors like MasterCard (NYSE: MA ) and Visa (NYSE: V ) are already benefiting from the trend to a cashless society. Could things get even better?
Best Consumer Service Stocks To Invest In Right Now: Protalix Biotherapeutics Inc (PLX)
Protalix BioTherapeutics, Inc. is a biopharmaceutical company focused on the development and commercialization of recombinant therapeutic proteins based on its ProCellEx protein expression system, ProCellEx. Using its ProCellEx system, the Company is developing a pipeline of biosimilar or generic versions of recombinant therapeutic proteins based on its plant cell-based expression technology, which focuses pharmaceutical markets and that rely upon known biological mechanisms of action. ProCellEx protein expression system consists of a set of technologies and capabilities for the development of recombinant proteins, including advanced genetic engineering technology and plant cell-based protein expression methods. Its ProCellEx protein expression system is built on flexible custom-designed bioreactors made of polyethylene and optimized for the development of complex proteins in plant cell cultures. In June 2010, it had completed the preliminary phase I clinical trial of PRX- 105.
Taliglucerase alfa is a plant cell expressed recombinant glucocerebrosidase enzyme (GCD) for the treatment of Gaucher disease. The Company has commenced pre-clinical studies of an oral form of taliglucerase alfa. Its oral taliglucerase alfa is a plant cell expressed form of GCD that is naturally encapsulated within carrot cells genetically engineered to express the GCD enzyme. Pre-clinical studies of oral taliglucerase alfa demonstrate the stability of the enzyme in the cell and the capacity of the cell’s cellulose wall to protect the enzyme against degradation in the digestive tract in an in-vitro model of the stomach and intestines. Additionally, rats fed with lyophilized carrot cells expressing GCD have accumulated the active enzyme in the target organs; the spleen and liver. As of December 31, 2010, the Company had completed Phase III Clinical Trial.
The Company is developing PRX-102, i ts plant cell expressed modified version of the recombinant ! alpha-GAL-A protein, a therapeutic enzyme for the treatment of Fabry disease. Fabry disease is a rare, hereditary, genetic lysosomal storage disorder in humans caused by an X-lined deficiency of the alpha-GAL-A enzyme. The Company is in the animal evaluation testing phase of the development of PRX-102, which tests are based on a mouse model for Fabry disease.
Protalix Ltd. is a wholly owned subsidiary of the Company is licensed the rights to certain technology under a research and license agreement with Yissum Research and Development Company (Yissum) and the Boyce Thompson Institute, Inc. Pursuant to the agreement, the Company is developing PRX-105, a plant cell-based acetylcholinesterase (AChE) and its molecular variants for the use in several therapeutic and prophylactic indications, as well as in a biodefense program and an organophosphate-based pesticide treatment program.
As of December 31, 2010, its in-vitr o experiments of PRX-105 have shown that the acetylcholinesterase enzyme in its ProCellEx protein expression system demonstrates biological activity on biochemical and cellular levels. In addition, early animal studies demonstrated that the acetylcholinesterase expressed in its ProCellEx protein expression system was able to treat animals exposed to the nerve gas agent analogues, both when injected with its acetylcholinesterase product candidate immediately before exposure or when injected after exposure. In March 2010, it initiated a preliminary phase I clinical trial of PRX-105, which the Company completed in June 2010.
pr-antiTNF is a candidate for the treatment of certain autoimmune diseases such as rheumatoid arthritis, juvenile idiopathic arthritis, ankylosing, spondylitis, psoriatic arthritis and plaque psoriasis. The Company has designed the antiTNF as pr-antiTNF. pr-antiTNF is a plant cell-expressed recombinant fusion protein ma de from the soluble form of the human TNF receptor (TNFR), f! used to t! he Fc component of a human antibody domain. pr-antiTNF has an identical amino acid sequence to Enbrel and its in-vitro and preclinical animal studies have demonstrated that pr-antiTNF exhibits similar activity to Enbrel. Specifically, pr-antiTNF binds TNF thereby inhibiting it from binding to cellular surface TNF receptors and protects L929 cells from TNF-induced apoptosis in a dose-dependent manner.
The Company competes with Genzyme, Actelion, Crucell N.V., Biolex, Inc., Chlorogen, Inc., Greenovation Biotech GmbH, Symbiosys, Novartis AG/Sandoz Pharmaceuticals, BioGeneriX AG, Stada Arzneimittel AG, BioPartners GmbH and Teva.
- [By Maxx Chatsko]
Industrial biotech isn’t the only industry headed to Brazil. Protalix (NYSEMKT: PLX ) entered into a technology transfer agreement with Brazil’s Ministry of Health last week that will pay the company $280 million. The deal is big news for Protalix’s first product, Elelyso/Uplyso, which was developed with partner Pfizer (NYSE: PFE ) . The treatment is approved as an enzyme replacement therapy, or ERT, for adults with type 1 Gaucher disease, and it marks a huge step forward for the future of biomanufacturing. In the following video, Fool contributor Maxx Chatsko explains what this means for the product’s commercialization and the adoption of Protalix’s novel plant cell-based expression system for therapeutic proteins.
- [By Keith Speights]
Other investors might wish that Pfizer would use some of its cash to acquire a few smaller companies. Protalix BioTherapeutics (NYSEMKT: PLX ) has been mentioned as one possible candidate. The two companies already partner together on Gaucher disease drug Elelyso. In February, Protalix spurred rumors that Pfizer could be interested in buying the company after it announced that it had engaged Citigroup to pursue a “broad array of strategic alternatives.”
Best Consumer Service Stocks To Invest In Right Now: Fortress Investment Group LLC (FIG)
Fortress Investment Group LLC (Fortress) is a global investment management firm. Its offering of alternative investment products includes private equity funds, liquid hedge funds and credit funds. In addition, it offers traditional investment products. As of December 31, 2011, it managed alternative assets in three businesses: Private Equity, Liquid Hedge Funds and Credit Funds. Private Equity is a business, which manages assets under management (AUM) consisted of two business segments: private equity funds, which make investments in debt and equity securities of public or privately held entities in North America and Western Europe, and publicly traded alternative investment vehicles, which it refer to as Castles, which invest in real estate and real estate related debt investments. Liquid Hedge Funds invest globally in fixed income, currency, equity and commodity markets and related derivatives. Credit Funds is a business, which manages AUM consisted of two business segme nts: credit hedge funds which make investments in assets, opportunistic lending situations and securities, on a global basis and throughout the capital structure, as well as non-Fortress originated funds, for which Fortress has been retained as manager as part of an advisory business, and credit private equity (PE) funds, which are consisted of a family of credit opportunities funds focused on investing in distressed and undervalued assets, a range of long dated value funds focused on investing in undervalued assets with cash flows and long investment horizons, a range of real assets funds focused on investing in tangible and intangible assets in four principal categories (real estate, capital assets and natural resources), a family of Asia funds, including Japan real estate funds and an Asian investor based global opportunities fund, and a range of real estate opportunities funds.
Private Equity Funds
The Company’s private equity business is made up of a series of funds named the Fortress Investment Funds! and organized to make control-oriented investments in cash flow generating, asset-based businesses in North America and Western Europe. Investors in its private equity funds contractually commit capital at the outset of a fund, which is then drawn down as investment opportunities become available, generally over a one to three year investment period. Management fees of 1% to 1.5% are generally charged on committed capital during the investment period of a new fund, and then on invested capital (or net asset value (NAV), if lower). It also earns a 10% to 25% share of the profits on each realized investment in a fund.
The Company manages two companies: Newcastle Investment Corp. and Eurocastle Investment Limited, which it calls its Castles. It earns management fees from each Castle equal to 1.5% of the company’s equity. In addition, it earns incentive income equal to 25% of the company’s funds from operations (FFO) in excess of specified returns to the Compa ny’s shareholders. In addition to these fees, it also receives from the Castles, for services provided, options to purchase shares of their common stock in connection with each of their common stock offerings.
Liquid Hedge Funds
The Fortress Macro Funds, and Fortress’s legacy macro-strategy funds, the Drawbridge Global Macro Funds, apply an investment process based on macroeconomic fundamental, market momentum and technical analyses. The funds have the flexibility to allocate capital dynamically across a range of global strategies, markets and instruments as opportunities change, and are designed to take advantage of a range of sources of market, economic and pricing data to generate trading ideas. The fund invests in developed markets; they also invest in emerging markets if market conditions present opportunities for attractive returns. The funds pursue global macro directional and relative value strategies. Management fees are charged based o n the AUM of the Fortress Macro Funds at a rate between 1.5%! and 2% a! nnually, depending on the investment and liquidity terms elected by investors. It earns incentive income of between 15% and 25% of the fund’s profits, generally payable annually, depending on the investment and liquidity terms elected by investors. In other words, an incentive income payment establishes a high water mark, such that the fund must earn a cumulative positive return from that point forward in order for Fortress to earn incentive income. Investors in the Fortress Macro Funds may invest with the right to redeem without paying any redemption fee either monthly, quarterly, or annually after three years. Investors with three-year liquidity may redeem annually before three years, subject to an early redemption fee payable to the funds.
The Fortress Asia Macro Funds invest in global fixed income, commodities, currency and equity markets, and their related derivatives, thematically related to the Asia-Pacific region through a fundamental macroeconomic str ategy, which focuses on liquid investments. The funds’ investment program focuses on global trading and capital flows. Management fee rates for these funds range from 1.5% to 2% and it earns incentive income equal to 20% of their profits. Commodities Funds invests across multiple sectors within the commodity asset class ranging from energy to metals to agriculture and within the cyclical, industrial, and commodity equity universe. Management fee rates for these funds range from 1.5% to 2% and it earns incentive income equal to 20% of their profits. The Fortress Partners Fund’s investments are made both in Fortress Funds and in funds managed by other managers, and in direct investments that are sourced either by Fortress personnel or by third parties with whom it has relationships. Management fee rates for these funds range from 1% to 1.5% and it earns incentive income generally equal to 20% of the profits from direct investments only.
The Company’s credit hedge funds are designed to exploi! t pricing! anomalies, which exist between the public and private finance markets. It has developed a network consisted of internal and external resources to source transactions for the funds. The funds are able to invest in a range of financial instruments, ranging from assets, opportunistic lending situations and securities throughout the capital structure with a value orientation.
The Drawbridge Special Opportunities Funds form the core of the Company’s credit hedge fund investing strategy. The funds acquire a portfolio of investments throughout the United States, Western Europe and the Pacific region. Management fees are charged based on the AUM of the Drawbridge Special Opportunities Funds at a rate generally equal to 2% annually. It earns incentive income of 20% of the fund’s profits, payable annually, and subject to achieving cumulative positive returns since the prior incentive income payment. Investors in the Drawbridge Special Opportunities Funds may redeem annually on December 31. The Worden Funds invest in a portfolio of undervalued and distressed investments in North America and Western Europe, but also in Australia, Asia and elsewhere on an opportunistic basis. Management fees are charged based on the AUM of the Worden Funds at a rate generally equal to 2% annually. It earns incentive income of 20% of the funds’ profits.
The Company’s credit PE funds are of families of funds. They have management fee rates between 1% and 1.5% and generate incentive income of between 10% and 20% of a fund’s profits subject to the fund achieving a minimum return as a whole. Fortress through Fortress Credit Opportunities Funds make opportunistic credit-related investments. In addition to its Fortress Investment Fund family of funds, it has a private equity fund product, the Long Dated Value family of funds, which focuses on making investments with long dated cash flows. Its Real Assets Funds invest in tangible and intangible assets. The investment program of these funds focuses on di! rect inve! stments in four principal investment categories: real estate, capital assets and natural resources, but also may include indirect investments in the form of interests in real estate investment trusts (REITs), master limited partnerships, corporate securities, debt securities and debt obligations, including those that provide equity upside, as well as options, royalties, residuals and other call rights. The investments are located in North America and Western Europe. Fortress Japan Opportunity Funds focus to invest in Japanese real estate-related performing, sub-performing and non-performing loans, securities and similar instruments. Real Estate Opportunities Funds make opportunistic commercial real estate investments.
- [By Will Ashworth]
Nonetheless, it’s my job to come up with “cheap” stocks — that is, stocks with a low nominal share price — that are also value plays — meaning they’re trading at a low P/E multiple. I’m limiting my field to stocks trading for less than 10 — it won’t be easy, but here goes.
Cheap Stocks to Buy: Fortress Investment Group (FIG)
If you look at the major publicly traded investment managers who invest in private equity — Blackstone Group (BX), KKR (KKR), Apollo Global Management (APO) and Carlyle Group (CG) — you’ll notice that all but Fortress have stock prices in the $20s and $30s. FIG is one of those cheap stocks that’s traded below $10 since September 2008. It went public at $18.50 in February of that year, hitting its all-time high of $37 in its first day of trading. It’s been downhill ever since.
- [By Dakin Campbell]
Servicing rights on at least $1 trillion of mortgages will trade in the next two years, Jay Bray, chief executive officer of Nationstar Mortgage Holdings Inc. (NSM), a servicer majority owned by Fortress Investment Group LLC (FIG), said last month. The private-equity firm said in July it raised a $1.1 billion fund to buy the contracts.
Best Consumer Service Stocks To Invest In Right Now: LaSalle Hotel Properties (LHO)
LaSalle Hotel Properties, a real estate investment trust (REIT), engages in the purchase, ownership, redevelopment, and leasing of primarily upscale and luxury full-service hotels in convention, resort, and urban business markets in the United States. It owns 34 hotels, totaling approximately 9,200 guest rooms in 15 markets in 11 states and the District of Columbia. The company qualifies as a REIT under the Internal Revenue Code of 1986. As a REIT, it would not be subject to federal corporate income tax to the extent that it distributes at least 90% of its taxable income to its shareholders. The company was founded in 1998 and is based in Bethesda, Maryland.
- [By John Seward]
Among the changes announced Tuesday, Affiliated Managers Group (NYSE AMG) will replace Forest Laboratories Inc. (NYSE: FRX) in the S&P 500 after the close of trading on Monday, June 30. LaSalle Hotel Properties (NYSE: LHO) will replace Affiliated Managers in the S&P MidCap 400 and Sagent Pharmaceuticals Inc. (NASDAQ: SGNT) will replace LaSalle in the S&P SmallCap 600.
- [By Marc Bastow]
Hotel, convention and resort real estate investment trust LaSalle Hotel Properties (LHO) raised its quarterly dividend 34% to 37.5 cents per share payable July 15 to shareholders of record June 30.
LHO Dividend Yield: 4.66%
Best Consumer Service Stocks To Invest In Right Now: Implant Sciences Corp (IMSC)
Implant Sciences Corporation (Implant Sciences), incorporated in August 31,1984, develops, manufactures and sells sensors and systems for the security, safety and defense (SS&D) industries. Its technologies are used worldwide in security and inspection applications. Implant Sciences has developed technologies used in explosives trace detection (ETD), and and narcotics trace detection (NTD) applications and market and sell handheld ETD and benchtop ETD and NTD systems that use its technologies. The systems are used by private companies and Government agencies to screen baggage, cargo, vehicles, other objects and people for the detection of trace amounts of explosives. Implant Sciences have developed explosives detection systems designed for use in aviation and transportation security, high threat facilities and infrastructure, military installations, customs and border protection, and mail and cargo screening. The systems use the Quantum Sniffer technologies, including phot on-based, non-radioactive ion source in combination with ion mobility spectrometry, a detection tool sensitive to the speeds with which ions of various substances move through the air to electronically detect minute quantities of explosives vapor and particles.
Quantum Sniffer QS-H150 Portable Explosives Detector
The Quantum Sniffer QS-H150 Portable Explosives Detector employs a vortex collector for the simultaneous detection of explosives particulates and vapors with or without physical contact and in real-time. The QS-HS150 can detect vapors and nanogram quantities of explosives particulates for explosives substances considered to be threats. The substances include military and commercial explosives, improvised and homemade explosives, and propellants and taggants.
The QS-H150 has automatic and continuous self-calibration. It monitors its environment, senses changes that would affect its accuracy, and re-calibrates accordingly. The system requires no user intervention and no calibration cons! umables. The detection process begins with the collection of a sample with its vortex collector. After collection, the sample is ionized photonically and analyzed using ion mobility spectrometer (IMS) technology. The presence of a threat substance is indicated by a visible and audible alarms. The threat substance is then identified and displayed on the integrated liquid crystal display (LCD) screen. When detecting a threat substance, the QS-H150 rapidly alarms. This real-time detection limits equipment contamination and allows for fast clear-down.
Quantum Sniffer QS-B220 Benchtop Explosives and Narcotics Detector
QS-B220 Benchtop Explosives and Narcotics Detector uses dual IMS with non-radioactive ionization for the detection and identification of a range of military, commercial, and improvised explosives as well as narcotics. The QS-B220 uses a sample trap which is wiped on the surface to be interrogated for explosives or narcotics particles.
The QS-B220 has automatic and continuous self-calibration. It monitors its environment, senses changes that would affect its accuracy, and re-calibrates accordingly.
Quantum Sniffer TM QS-Hx Portable Explosives Detector
The Company is focusing in developing a next-generation handheld detector that will use dual IMS non-radioactive ionization for the detection and identification of a range of military, commercial and improvised explosives, as well as narcotics. The QS-Hx will have automatic and continuous self-calibration, multi-level password-protected data security and will include a data management interface with data export to a network for recordkeeping, providing a link with the central command centers and logistics systems used by carriers.
Miniature Mass Spectrometer
The Company’s acquisition of Ion Metrics enabled it to obtain miniaturized quadrupole mass spectrometry (QMS) detector technology. The QMS detector is roughly the size of an AA battery and has low manufactur! ing costs! . When used in conjunction with an IMS, the QMS detector senses the molecular weight of the chemical species resulting in an orthogonal detection method in which a more fundamental characteristic of a substance is measured. It is developing interfaces for integrating the QMS detector into its future products.
Depending on the application and the number of interfering background chemicals, it may be necessary to incorporate additional orthogonal detection methods. The combination of multiple sensors in series is known as employing hyphenated methods. By measuring different properties of the same species, interferents are separated from target species for a deterministic detection and identification and have minimum rates of false alarms. It is developing hyphenated systems employing conventional ion mobility, differential mobility and quadrupole mass spectrometry. As of June 30, 2012, it has one patent issued in real-time trace d etection by IMS and QMS and two hyphenated system patents pending.
The Company competes with Morpho Detection, Inc., NucTech Company Limited and Smiths Detection, Inc.
- [By James E. Brumley]
It’s not an uncompetitive market. Names like Implant Sciences Corporation (OTCMKTS:IMSC) and NXT-ID (OTCBB:NXTD) are battling in the security and facility-defense arena as well; IMSC makes explosives-detection and drug-detection hardware, while NXTD designs 3D image-rendering software that caters to the unique needs of prison security personnel, though the same technology has been proven in more traditional functions like building-security systems that keep certain people out rather than in. Neither Implant Sciences nor NXT-ID compete directly head-to-head with View Systems, however … fortunately for them. See, VSYM is considered by some to be the best in the industry.
Best Consumer Service Stocks To Invest In Right Now: Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund (ETO)
Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund (the Fund) is a closed-end management investment company. The Fund’s investment objective is to provide a high level of after-tax total return. The Fund pursues its objective by investing primarily in dividend-paying common and preferred stocks.
The Fund’s top 10 equity holdings include Freeport-McMoran Copper, Veolia Environment, Southern Copper Corp., Societe Generale, Chevron Corp., Occidental Petroleum Corp., Exelon Corp., Total SA Spon ADR, Entergy Corp. and Suncor Energy Inc. Top 10 equity holdings represented 25.3% of total investments as of April 30, 2007.
- [By GURUFOCUS]
Special Purpose Funds- Eaton Vance Tax-Adv. Global Dividend Oppor. Fund (ETO) | Yield: 7.3%
– The Gabelli Global Utility & Income Trust (GLU) | Yield: 6.2%
– Pimco Global Stocksplus Income Fund (PGP) | Yield: 9.5%
– LMP Real Estate Income Fund Inc. (RIT) | Yield: 7.0%
Best Consumer Service Stocks To Invest In Right Now: Regal Entertainment Group(RGC)
Regal Entertainment Group, through its subsidiaries, operates a theatre circuit in the United States. The company develops, acquires, and operates multi-screen theatres primarily in mid-sized metropolitan markets and suburban growth areas of larger metropolitan markets under the Regal Cinemas, United Artists, and Edwards brand names. As of February 13, 2012, it operated 6,614 screens in 527 theatres in 37 states and the District of Columbia. Regal Entertainment Group was founded in 2002 and is based in Knoxville, Tennessee.
- [By Jayson Derrick]
Regal Entertainment Group (NYSE: RGC) disclosed that it is exploring a potential sale of itself. Shares gained 3.75 percent, closing at $21.28.
IBM (NYSE: IBM) said it will add $5 billion to its current share buyback plan, bringing the total authorization to $6.4 billion. Shares gained 1.07 percent, closing at $163.60.
- [By Leo Sun]
Theaters are, naturally, opposed that plan. The two largest theater chains in the U.S. — Regal Entertainment (NYSE: RGC ) and Dalian Wanda’s AMC Entertainment — have announced that they won’t show the film. IMAX has a contractual right to override theater-chain decisions for certain venues, but it waived that right in the Crouching Tiger negotiations, since it didn’t want to force theaters to show the film.
- [By WWW.DAILYFINANCE.COM]
www.sixflags.com Major market indexes may be hitting new highs, but not everyone is celebrating. Given the lofty stock valuations and slowly expanding economy, many investors are starting to hunt for high-yielding stocks that can provide some steady income to help offset any upcoming market declines. Utility stocks, real estate investment trusts and limited partnerships are magnetic because of their chunky yields, but let’s look beyond the obvious high-payers. Let’s check out a few investments generating high payouts in some unlikely places. Six Flags (SIX) — 5.1 percent yield It seems as if you can’t run an amusement park chain as a public company without rewarding your stakeholders with some spending money for the next time they hit the park. This can probably be attributed to Cedar Fair (FUN), which as a limited partnership shells out most of its profits as distributions. This translated into a head-turning yield of 5.7 percent. Six Flags isn’t too shabby, presently yielding more than 5 percent. Even SeaWorld (SEAS) is now brandishing a yield north of 4 percent, largely the result of losing nearly a third of its value after a poorly received quarterly report a few weeks ago. Running a theme park isn’t cheap. It takes frequent sizable investments during the off-seasons to beef up the attractions. However, Six Flags is finding a way to build out its gated attractions while still being able to return money to its shareholders. Mattel (MAT) — 4.3 percent yield Barbie, Hot Wheels and American Girl are just some of the famous playthings produced by Mattel. Barbie sales have slowed in recent years, plunging 15 percent in Mattel’s latest quarter, and having a few more hit toys and games this upcoming holiday season wouldn’t hurt. The toy-making giant has been struggling lately, missing Wall Street’s profit targets in each of the past three quarters. Still, toy makers apparently don’t play games when it comes to their payouts. Rival Hasbro (HAS) — the to
Best Consumer Service Stocks To Invest In Right Now: Maui Land & Pineapple Company Inc. (MLP)
Maui Land & Pineapple Company, Inc., together with its subsidiaries, engages in the development, sale, and leasing of real estate properties. It owns approximately 23,300 acres of land on Maui. The company also offers water and waste transmission services. In addition, it manages certain resort amenities at the Kapalua Resort. The company was founded in 1909 and is based in Lahaina, Hawaii.
- [By Matthew Skelly]
The technology of fracturing (and the horizontal style of drilling), is changing America’s needs on the energy front. At the epicenter of this infrastructure build-out is Atlas Pipeline Partners (NYSE:APL), a midstream gathering and processing company that trades as a Master Limited Partnership, (MLP). Atlas Pipeline is essentially a middle man between the drillers and long-haul transportation pipelines. It gathers mixed volumes of natural gas and natural gas liquids (NGLs) such as ethane, propane, and butanes, etc. from the thousands of wells drilled by its drilling customers, back through pipelines to its processing plants, which will separate the gas from the NGLs. Both are then sold to long-haul transportation pipelines, which take the two products downstream to the next part of the energy supply chain.
- [By Dividends4Life]
Sunoco Logistics Partners (SXL) is a master limited partnership (MLP) that was formed by Sunoco Inc. to acquire, own and operate a group of refined product and crude oil pipelines and terminal facilities.
Yield: 3.6% | Years of Dividend Growth: 11