I’ll admit it. The traditional grocery business isn’t an exciting industry for investment potential. Profit margins are low, with almost zero chance of spiking higher. Meaningful sales growth is hard to find, too. And grocery stores suffer from the constant threat of having more nimble retailers push into their markets, as we saw with Amazon.com’s latest expansion of its food delivery business.
However, the safest path to big investment returns is through buying into years of predictable growth at a reasonable price. That’s why I think Kroger (NYSE: KR ) stock could be a great option for long-term investors right now.
Kroger chugs along
The grocer’s latest earnings show the kind of steady results that most companies can only dream about. With a 3.3% boost in sales, Kroger notched its 38th consecutive quarter of growth at its existing stores. Customers responded to the company’s investments in its locations by making more frequent visits, and by purchasing more products per trip. Packed register lines brought quarterly revenue to an all-time high $30 billion, and profits were up about 10%, to $481 million.
Best Safest Stocks To Invest In Right Now: QEP Resources Inc (QEP)
QEP Resources, Inc. (QEP), incorporated on May 17, 2010, is a holding company. The Company operates in three lines of business: gas and oil exploration and production, midstream field services, and energy marketing. It conducted through three principal subsidiaries: QEP Energy Company (QEP Energy) acquires, explores for, develops and produces natural gas, oil, and natural gas liquids (NGL); QEP Field Services Company (QEP Field Services) provides midstream field services, including natural gas gathering, processing, compression and treating services for affiliates and third parties; andQEP Marketing Company (QEP Marketing) markets affiliate and third-party natural gas and oil, provides risk-management services, and owns and operates an underground gas-storage reservoir. QEP operates in the Northern and Southern Regions of the United States and is headquartered in Denver, Colorado. Principal offices are located in Denver, Colorado; Salt Lake City, Utah; Oklahoma City, Oklah oma, and Tulsa, Oklahoma.
QEP’s exploration and production business is conducted through QEP Energy in two core regions, the Northern Region (including the states of Wyoming, Utah, Colorado, New Mexico and North Dakota) and the Southern Region (including the states of Oklahoma, Texas and Louisiana). QEP Energy has approximately 50,800 net acres of Haynesville Shale lease rights in northwest Louisiana and additional lease rights that cover the Hosston and Cotton Valley formations. The depth of the top of the Haynesville Shale ranges from approximately 10,500 feet to 12,500 feet across QEP Energy’s leasehold and is below the Hosston and Cotton Valley formations that QEP Energy has been developing in northwest Louisiana for over a decade. As of December 31, 2011, QEP Energy had three operated rigs drilling in the project area. QEP Energy’s Midcontinent properties cover all properties in the Southern Region except the Haynesville/Cotton Valley area of northwes t Louisiana and are distributed over an area, including the ! Anadarko Basin of Oklahoma and the Texas Panhandle. QEP Energy has approximately 77,000 net acres of Woodford Shale lease rights in western Oklahoma. QEP Energy has approximately 38,700 net acres of Granite Wash/Atoka Wash lease rights in the Texas Panhandle and western Oklahoma and has been drilling vertical Granite Wash/Atoka Wash wells. The Company estimates that up to 1,100 additional wells will be required to fully develop its Pinedale acreage on a combination of 5 and 10-acre density. In addition to QEP Energy’s gross producing wells, QEP Energy had an overriding royalty interest in an additional 21 wells at Pinedale. QEP Energy owns interests in approximately 255,200 net leasehold acres in the Uinta Basin. The remainder of QEP Energy Northern Region leasehold interests, productive wells and proved reserves are distributed over a number of fields and properties managed as the Rockies Legacy division. Exploration and development activity during the year ended December 31, 2011, includes wells in the Powder River and Greater Green River Basins in Wyoming and the Williston Basin in North Dakota. QEP Energy has approximately 90,000 net acres of lease rights in the Williston Basin in western North Dakota, where the Company is targeting the Bakken and Three Forks formations.
QEP Energy Company
QEP Energy is actively involved in several of North America’s hydrocarbon resource plays. QEP’s exploration and production activities are conducted through QEP Energy. P Energy operates in two core regions: the Northern Region (including the states of Wyoming, Utah, Colorado, New Mexico and North Dakota) and the Southern Region (including the states of Oklahoma, Texas and Louisiana). The Southern Region contributed approximately 56% of 2011 production while the Northern Region contributed the remaining 44%. QEP Energy reported 3,614 billion cubic feet of natural gas equivalent of estimated proved reserves as of December 31, 2011. Of those estimated proved reserves, approximately 64%! , or 2,31! 2 billion cubic feet of natural gas equivalent, were located in the Northern Region at December 31, 2011. The remaining 36%, or 1,302 billion cubic feet of natural gas equivalent at December 31, 2011, were located in the Southern Region. QEP Energy has an inventory of identified development drilling locations, primarily on the Pinedale Anticline in western Wyoming; the Haynesville/Cotton Valley area in northwestern Louisiana; the Midcontinent area with properties primarily in Oklahoma and Texas; the Uinta Basin in eastern Utah, and the Rockies Legacy, which includes the Bakken/Three Forks area in western North Dakota and other properties in Wyoming.
QEP Field Services Company
QEP invests in midstream (gathering, processing and treating) systems to complement its natural gas, oil and natural gas liquids (NGL) operations in regions where QEP Energy has production. In addition, QEP’s midstream business also provides midstream services to third-party customers, including independent producers. QEP Field Services owns various natural gas gathering, treating and processing facilities in the Northern and Southern Regions as well as 78% of Rendezvous Gas Services, LLC, (RGS), a partnership that operates gas gathering facilities in western Wyoming. The FERC-regulated Rendezvous Pipeline Co., LLC (Rendezvous Pipeline), a wholly owned subsidiary of QEP Field Services, operates a 21-mile, 20-inch-diameter pipeline between QEP Field Services’ Blacks Fork gas-processing plant and the Muddy Creek compressor station owned by Kern River Gas Transmission Co. (Kern River Pipeline). RGS gathers natural gas for Pinedale Anticline and Jonah Field producers for delivery to various interstate pipelines. QEP Field Services also owns 38% of Uintah Basin Field Services, LLC (UBFS) and 50% of Three Rivers Gathering, LLC (Three Rivers). These two partnerships operate natural gas gathering facilities in eastern Utah.
QEP Marketing Company
QEP Marketing provides wholesale market! ing and s! ales of affiliate and third-party natural gas, oil and NGL. As a wholesale marketing entity, QEP Marketing concentrates on markets in the Rocky Mountains, Pacific Northwest and Midcontinent that are either close to affiliate reserves and production or accessible by pipelines. QEP Marketing contracts for firm-transportation capacity on pipelines and firm-storage capacity at Clay Basin, a baseload-storage facility. QEP Marketing, through its subsidiary Clear Creek Storage Company, LLC, owns and operates an underground gas-storage reservoir in southwestern Wyoming. QEP Marketing uses owned and leased storage capacity together with firm-transportation capacity.
- [By Lauren Pollock]
QEP Resources Inc.(QEP) plans to separate its midstream business, QEP Field Services Co., into a separate entity, including its interest in QEP Midstream Partners LP(QEPM).
- [By Aimee Duffy]
QEP Midstream Partners is about to become a real, live master limited partnership. Parent company QEP Resources (NYSE: QEP ) has filed the appropriate paperwork with the SEC, and while we don’t know specifics regarding the number of shares, or how the offering will be priced, the S-1 is chock-full of information for prospective investors.
- [By Eric Volkman]
QEP Resources (NYSE: QEP ) is letting its dividend flow. The company has declared a quarterly payout of $0.02 per share, to be paid on June 22 to shareholders of record as of June 3. That amount is in line with all of the firm’s previous distributions stretching back to the first one it handed out in September 2010.
Best Safest Stocks To Invest In Right Now: Petrobank Energy and Resources Ltd (PBEGF.PK)
Petrobank Energy and Resources Ltd. (Petrobank) is engaged in the exploration and development of oil and natural gas in western Canada. The Company operates in two segments: the Heavy Oil Business Unit (HBU) and PetroBakken Energy Ltd. (PetroBakken). Its operations are conducted through its HBU, as well as its technology subsidiary, Archon Technologies Ltd. The HBU operates its heavy oil projects using Petrobank’s THAI heavy oil recovery process in the field. In addition, Petrobank owns 59% of its subsidiary, PetroBakken. Whitesands Insitu Inc., a wholly owned subsidiary of the Company, owns heavy oil leases in Alberta and oil sands and heavy oil licenses and leases in Saskatchewan, and operates the Kerrobert Project. During the year ended December 31, 2011, Petrobank completed the Kerrobert Project, with all 10 expansion well pairs drilled. On February 28, 2012, Petrobank completed the sale of May River Property. Advisors’ Opinion:
- [By Stephan Dube]
Peace River’s most notable producers:
PennWest Exploration (PWE), see article here.Royal Dutch Shell (RDS.A), see article here.Baytex (BTE), see article here.Strata Oil and Gas (SOIGF.PK), see article here.Petrobank Energy & Resources (PBEGF.PK), see article here.
Cold Lake’s most notable producers:
Best Safest Stocks To Invest In Right Now: CC Media Holdings Inc (CCMO)
CC Media Holdings, Inc., incorporated May 2007, is a diversified media and entertainment company. The Company provides radio, digital, out-of-home, mobile and on-demand entertainment, and information services for audiences and local communities, and providing opportunities for advertisers. The Company operates in three segments: Media and Entertainment (CCME, formerly Radio), Americas outdoor advertising (Americas outdoor) and International outdoor advertising (International outdoor). On April 29, 2011, the Company acquired the traffic business of Westwood One, Inc. (the Traffic acquisition). The Company, during 2011, also purchased a cloud-based music technology business. During 2011, the Company also acquired Brouwer & Partners, a street furniture business. During 2011, the Company divested and exchanged its 27 radio stations.
The CCME segments operations include radio broadcasting, online and mobile services and products, program syndicati on, entertainment, traffic data distribution and music research services. The Company’s radio stations and content can be heard on amplitude modulation (AM) / frequency modulation (FM) stations, high definition (HD) radio stations, satellite radio, the Internet at iHeartRadio.com, and the Company’s radio stations Websites, through the Company’s iHeartRadio mobile application on iPads and smart phones, and via navigation systems. As of December 31, 2011, the Company owned 866 radio stations, including 249 AM and 617 FM servicing approximately 150 the United States markets.
The Company operates premiere networks (Premiere), a national radio network that produces, distributes or represents approximately 90 syndicated radio programs, and serves approximately 5,800 radio station affiliates. The Company’s syndicated radio programs include Rush Limbaugh, Jim Rome, Steve Harvey, Ryan Seacrest, Elvis Duran and Delilah. It also delivers real-time traffic informat ion via navigation systems, radio and television broadcast m! edia and wireless and Internet-based services through the Company’s traffic business, total traffic network. During 2011, the CCME segment generated 48% of the Company’s revenues. The primary source of revenue in the CCME segment is the sale of commercials on the Company’s radio stations for local, regional and national advertising. The Company’s advertisers include consumer services, retailers, entertainment, health and beauty products, telecommunications, automotive and media.
Americas Outdoor Advertising
The Americas outdoor advertising segment operates in the markets of the United States, Canada and Latin America. It consists of billboards, street furniture and transit displays, airport displays, mall displays, and wall scapes, and other spectaculars, which the Company owns or operates under lease management agreements. As of December 31, 2011, the Company owned and operated approximately 125,000 display structures in its Americas outd oor advertising segment with operations in the United States. The Americas outdoor advertising segment generated 21% of the Company’s revenues during 2011. Americas outdoor revenue is derived from the sale of advertising copy placed on the Company’s digital displays and traditional displays. The Company’s display inventory consists primarily of billboards, street furniture displays and transit displays.
The street furniture displays of the Company include advertising surfaces on bus shelters, information kiosks, freestanding units and other public structures. The transit displays advertise on various types of vehicles or within transit systems, including on the interior and exterior sides of buses, trains, trams, and in the common areas of rail stations and airports. The other display inventories consist of spectaculars, wall scapes and mall displays.
International Outdoor Advertising
The International outdoor business segment includes the Company’s operations in Asia, Australia and E! urope, wi! th approximately 34% of its revenue in this segment derived from France and the United Kingdom during 2011. As of December 31, 2011, the Company owned or operated approximately 630,000 displays across 30 countries. The International outdoor segment generated 27% of the Company’s revenues during 2011. International outdoor advertising revenue is derived from the sale of traditional advertising copy placed on the Company’s display inventory and electronic displays, which are part of the Company’s network of digital displays. The International outdoor display inventory consists primarily of street furniture displays, billboards, transit displays and other out-of-home advertising displays, such as neon displays.
The Company competes with JCDecaux, CBS and Lamar Advertising Company.
- [By Rick Munarriz]
Fans of Sirius XM Radio (NASDAQ: SIRI ) have typically dismissed the surprising success of Clear Channel’s (NASDAQOTH: CCMO ) iHeartRadio, and rightfully so.
- [By Rick Munarriz]
Clear Channel’s (NASDAQOTH: CCMO ) iHeartRadio app has been a sleeper hit in the streaming realm over the past couple of years, but it may become an awakening giant.
- [By CRWE]
Last Friday, CCMO remained (0.00%) +0.000 at $4.90 at the close (ref. google finance August 9, 2013 – Close).
CC Media Holdings, Inc. previously reported financial results for the second quarter ended June 30, 2013.
Revenue grew 1% to $1.6 billion, excluding foreign exchange and divestitures
OIBDAN1 declined 5% year over year to $505 million, excluding foreign exchange and divestitures; OIBDAN margin of 31%
Extended $5.0 billion of term loans to 2019 from 2016, and exchanged senior notes due 2016 for senior notes due 2021
- [By CRWE]
Today, CCMO remains (0.00%) +0.000 at $4.71 thus far (ref. google finance Delayed: 3:18PM EDT August 5, 2013).
CC Media Holdings, Inc. previously reported financial results for the second quarter ended June 30, 2013.
Revenue grew 1% to $1.6 billion, excluding foreign exchange and divestitures
OIBDAN1 declined 5% year over year to $505 million, excluding foreign exchange and divestitures; OIBDAN margin of 31%
Extended $5.0 billion of term loans to 2019 from 2016, and exchanged senior notes due 2016 for senior notes due 2021
Best Safest Stocks To Invest In Right Now: Energizer Holdings Inc (ENR)
Energizer Holdings, Inc. (Energizer), incorporated on September 23, 1999, is the manufacturer and marketer of primary batteries, portable lighting and personal care products in the wet shave, skin care, feminine care and infant care categories. The Company manufactures and sells products in five product categories: wet shave, skin care, feminine care, infant care, battery and portable lighting products. On October 23, 2013, it completed the acquisition of the Stayfree pad, Carefree liner and o.b. tampon feminine hygiene brands in the United States, Canada and the Caribbean from McNeil PPC, Inc. and Johnson & Johnson, Inc., members of the Johnson & Johnson Family of Consumer Companies.
The Personal Care division includes wet shave products sold under the Schick, Wilkinson Sword, Edge, Skintimate and Personna brand names, skin care products sold under the Banana Boat, Hawaiian Tropic, Wet Ones and Playtex brand names, and feminine car e and infant care products sold under the Playtex and Diaper Genie brand names globally. The Company manufactures and distributes Schick and Wilkinson Sword razor systems, composed of razor handles and refillable blades, and disposable shave products for men and women. The Company markets its wet shave products globally. The Company also manufactures, distributes and sells a complete line of private label and value-priced wet shaving disposable razors, shaving systems and replacement blades. These wet shave products are sold primarily under a retailer’s store name or under value brand names such as Personna and GEM.
Energizer’s Household Products division manufactures and markets product portfolios in household batteries, specialty batteries and lighting products. In household batteries, the Company offers batteries using carbon zinc, alkaline, rechargeable and lithium technologies. The Company distributes its portfolio of househo ld and specialty batteries and portable lighting products th! rough a global distribution network, which also provides a platform for the distribution of its personal care products.
The Company competes with Duracell International, Inc., Panasonic Corporation, Procter & Gamble Company, Bic Group, Kimberly-Clark Corp., Merck & Co., Inc. and Johnson & Johnson.
- [By Johanna Bennett]
Energizer Holdings (ENR) shed 5.9% to $96.15. The company on Wednesday said its fiscal first-quarter profit slumped to $1.71 a share from $129.8 million in the year-earlier period. Excluding charges, earnings fell to $2.10 a share from $2.20 a share. The company best known for batteries also cut its full-year profit target to $7 a share to $7.25 a share, The Wall Street Journal said.
- [By Mike Deane]
Early on Tuesday morning, Wells Fargo downgraded Energizer Holdings (ENR) to “Market Perform” from “Outperform.” Wells Fargo maintained a range of $109 to $112 for ENR’s valuation.
Energizer’s shares have risen over 19% in the past three months, and Wells analyst Chris Ferrara believes that the stock run up now reflects the company’s upside. Ferrara believes that the biggest downside risk for ENR is at a more base level, as Wells Fargo is seeing more EPS upside to ENR’s latest deal with Johnson and Johnson than ENR is expecting.
Wells Fargo maintains its EPS estimate for 2014 to be $7.41 and its 2015 EPS estimate is $7.97.
Energizer stock was inactive in pre-market trading. It finished yesterday down 24 cents, or 0.23%.
- [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 Energizer Holdings (NYSE: ENR ) , whose recent revenue and earnings are plotted below.
- [By Eric Volkman]
That energetic bunny identified with Energizer Holdings (NYSE: ENR ) will soon be busy distributing money to shareholders. The company has declared a common stock dividend for its Q3 amounting to $0.40 per share, to be handed out on June 11 to shareholders of record as of May 21. That amount is in line with the company’s three previous quarterly dividend payments, the most recent of which was disbursed in March.
Best Safest Stocks To Invest In Right Now: ADDvantage Technologies Group Inc.(AEY)
ADDvantage Technologies Group, Inc., through its subsidiaries, distributes and services a range of electronics and hardware products for the cable television industry. The company provides new, surplus-new, and refurbished products in various brands, including Cisco, Motorola and Arris Solutions for use in connection with video, telephone and internet data signals. It offers headend products, including digital and analog satellite receivers, integrated receiver/decoders, demodulators, modulators, antennas and antenna mounts, amplifiers, equalizers, and processors for signal acquisition, processing, and manipulation for further transmission; fiber products comprising optical transmitters, fiber-optic cable, receivers, couplers, splitters, and compatible accessories for transmitting the output of cable system headend to virus locations using fiber-optic cables; and access and transport products, such as transmitters, receivers, line extenders, broadband amplifiers, direction al taps and splitters for use in permiting signals to travel from the headend to their destination in a home, apartment, hotel room, office or other terminal location. The company also provides customer premise equipment consisting of digital converter boxes and modems to receive, record, and transmit video, data, and telephony signals; and hardware equipment, such as test equipment, connector, and cable products. In addition, it offers Fujitsu Frontech North America encoders, decoders, and other media solutions products primarily for use in the broadcast industry. The company markets and sells its products to franchise and private MSOs, telephone companies, system contractors, and other resellers primarily in the United States, Canada, Central America, Mexico, and rest of South America. ADDvantage Technologies Group, Inc.was founded in 1989 and is based in Broken Arrow, Oklahoma.
- [By Geoff Gannon] el about how those companies use working capital has a lot to do with whether or not you like those stocks long-term.
Then there are companies that have increased working capital very, very fast over the last decade or so – but they’ve also increased sales at a startling clip.
Let’s look at where the difference between EBITDA and operating cash flow is coming from.
Cash flow from others as shown on GuruFocus’s 10-year financials page for Carbo – I’ll use this as a proxy for working capital changes – was positive in only two years. And not by much. Usually, it’s been negative. Over the 10 years, that single line has added up to a negative $173 million. Wow.
Okay. Then there’s the difference between free cash flow and owner earnings. Owner earnings as you’ll remember is Warren Buffett’s calculation of what a business could pay out to owners in cash at the end of the year – if it stopped growing. But didn’t shrink. More on that later. For now, let’s look at the difference between Carbo’s depreciation and Carbo’s spending on property, plant and equipment.
Over the last 10 years, cap-ex has been: $546 million (or $425 million if you allow cap-ex to provide cash flow in certain years, this is a weird issue I don’t want to touch right now)
And over the last 10 years, depreciation has been: $201.52 million
That’s a big gap. We’ve got some combination of Carbo underreporting economic depreciation by anywhere from $225 million to $350 million or so – or we’ve got Carbo investing something like $225 million to $350 million in growth.
Which is it?
Let’s check the growth angle first.
Over the last 10 years, Carbo has grown total sales by just under 18% a year. Now, I happen to know their new product development record had not been so hot during the 1990s or earlier part of the 2000s. For about 15 years they spent on R&D without launch ing a single successf
- [By Geoff Gannon] cially the part about what they consider their competitive advantages. You’re right that normally a company in their business should see higher revenues, earnings, etc. at the same time. And that time should be when their customers are spending the most on equipment. This heaviest spending will be on new equipment, upgrades, etc.
But that really isn’t ADDvantage’s business. Let me explain.
Do you know anything about a company called Copart (CPRT)?
Great business. If you haven’t read about it, you should look into it. It’s a good name to know in the event stocks fall at some point in the future and offer you a chance to buy at a good P/E.
Anyway, Copart sells cars. That’s all it does. It has a tiny bit of the business in the UK that involves buying and selling cars. But normally it’s not a principal. It’s just an agent. A broker. It doesn’t ship cars. It doesn’t buy cars. It just stores and sells cars. Copart is a great business. Th is is especially true because they achieve very high returns on their net tangible investment even though they choose to own rather than leases most of their locations. They own acres and acres and acres of land on which they store cars. You can find the addresses for their locations on their website (each car has a location associated with it that will pop up if you click on the car). Copy and paste that location into Google Earth. You’ll be amazed at what you see. Anyway, they carry all this land which they then cover in cars and still they earn good returns on their tangible investment in the business without relying on the use of a lot of leases. So, it’s a very good and very interesting business.
Now, if I said Copart sold cars, you’d probably think that their revenues and earnings and free cash flow should rise and fall with U.S. car sales.
If you look at the past 10 years for Copart and for U.S. auto sales you’ll see this is not true. Not even a li ttle bit.
- [By Geoff Gannon] strong>Solitron Devices (SODI)
· OPT-Sciences (OPST)
Micropac is 76% owned by Heinz-Werner Hempel. He’s a German businessman. You can see the German company he founded here. He’s had control of Micropac for a long-time. I don’t have an exact number in front of me. But I would guess it’s been something like 25 years.
ADDvantage Technologies is controlled by the Chymiak brothers. See the company’s April 4 press release explaining their decision to turn over the CEO position to an outsider. Regardless, the Chymiaks still control 47% of the company. Ken Chymiak is now chairman. And David Chymiak is still a director and now the company’s chief technology officer. Clearly, it’s still their company.
By the way, the name ADDvantage Technologies has nothing to do with the Chymiaks. Today’s AEY really traces its roots to a private company called Tulsat. The Chymiak brothers acquired that company about 27 years ago. So, effectively, when you buy shares of AEY you are buying into a 27-year-old family-controlled company.
That’s pretty typical in the world of net-nets.
Solitron Devices is 29% owned by Shevach Saraf. He has been the CEO for 20 years. The post-bankruptcy Solitron has never known another CEO. Before the bankruptcy, Solitron was a much bigger, much different company. So even though we are not talking about the founder here – and even though 70% of the company’s shares are not held by the CEO – we’re still talking about a company where one person has a lot of control. Solitron only has three directors. Saraf is the chairman, CEO, president, CFO and treasurer. Neither of the other two directors joined the board within the last 15 years. So, we aren’t talking about a lot of tumult at the top.
In fact, profitable net-nets seem to be especially common candidates for abandoning the responsibilities of a public company without actuall y getting taken priva
Best Safest Stocks To Invest In Right Now: Expedia Inc.(EXPE)
Expedia, Inc., together with its subsidiaries, operates as an online travel company in the United States and internationally. It provides travel products and services to leisure and corporate travelers, offline retail travel agents, and travel service providers through a portfolio of brands, including Expedia.com, hotels.com, Hotwire.com, Expedia Affiliate Network, Classic Vacations, Expedia Local Expert, Expedia CruiseShipCenters, Egencia, eLong, Inc., and Venere Net SpA. The company?s travel offerings consist of airline tickets, hotel rooms, car rentals, destination services, cruises, and package travel provided by various commercial airlines, lodging properties, car rental companies, destination service providers, cruise lines, and other travel product and service companies on a stand-alone and package basis. It also facilitates the booking of hotel rooms, airline seats, car rentals, and destination services from its travel suppliers; and acts as an agent in the transa ction, passing reservations booked by its travelers to the relevant travel provider. The company was founded in 1996 and is headquartered in Bellevue, Washington.
- [By Rick Aristotle Munarriz]
Shutterstock/Andrey Burmakin Folks are turning to the Internet more and more in planning business trips and personal getaways — and investors are cashing in on the trend. Shares of Orbitz Worldwide (OWW) soared 18 percent last week after posting better than expected quarterly results. Revenue climbing 4 percent and profitability clocking in at 5 cents a share may not seem very impressive, but analysts were settling for the volatile travel portal to merely break even on flattish revenue growth. Strength in its hotel bookings were more than enough to offset weakness in airline reservations. Orbitz Worldwide’s larger and faster-growing peers priceline.com (PCLN) and Expedia (EXPE) went along for the ride, climbing 7 percent and 4 percent respectively. They both went on to hit new all-time highs. Seeing an industry laggard start to grow profitably again — and Orbitz Worldwide is calling for modest continued growth into 2014 — was enough to get the market behind the popular providers of lodging, air travel, car rental, cruise and vacation package reservations. This isn’t just a one-week phenomenon. Priceline and Expedia shares have soared 174 percent and 171 percent since the end of 2011. Orbitz Worldwide has also more than doubled in that time, and it’s up a whopping 223 percent since the start of 2013. The Ins and Outs of Inn Outings Orbitz Worldwide’s report would have been better if it wasn’t held back by an 11 percent decline in airline ticket sales. Priceline and Expedia are growing their airfare sales, but modestly, compared to their hotel reservations. This isn’t a surprise. Airlines have done a good job of marketing directly to passengers. There are a lot of people on frequent flyer programs, so they often head directly to an air carrier’s website when it’s time to book a trip. Pricing is also pretty competitive between airlines. There may not be a lot of carriers offering the desired route, but they are quick to respond to what rivals are doing. Th
- [By Mani]
[Related -Expedia Inc (EXPE): How Q3 Earnings Will Fare?]
Increased online and offline marketing spend, investment behind trivago and eLong, and an ongoing mix shift to lower margin regions could be key drivers of growth. There should be incremental technology-related spend being directed toward the Expedia Traveler Preference Program (ETP) as new hotels come onto the platform.
- [By Anora Mahmudova]
Adding to the positive sentiment were upbeat earnings from Expedia Inc. (EXPE) . Shares surged 14% after the company’s quarterly profits beat estimates.
- [By Jake L’Ecuyer]
Expedia (NASDAQ: EXPE) was also up, gaining 15.00 percent to $74.91 after the company reported stronger-than-expected fourth-quarter results.
Equities Trading DOWN
Shares of NCR Corp (NYSE: NCR) fell on Friday’s session, dropping 8.40 percent to $32.04 despite beating on earnings Thursday after the company guided its fiscal year 2014 EPS guidance below street expectations.
Best Safest Stocks To Invest In Right Now: Cell Therapeutics Inc (CTIC)
Cell Therapeutics, Inc. (CTI), incorporated in 1991, develops, acquires and commercializes treatments for cancer. The Company’s research, development, acquisition and in-licensing activities concentrate on identifying and developing new ways to treat cancer. As of December 31, 2011, CTI focused its efforts on Pixuvri (pixantrone dimaleate) (Pixuvri), OPAXIO (paclitaxel poliglumex) (OPAXIO), tosedostat, brostallicin and bisplatinates. As of December 31, 2011, it developed Pixuvri, an anthracycline derivative for the treatment of hematologic malignancies and solid tumors. Another late-stage drug candidate of the Company, OPAXIO, is being studied as a potential maintenance therapy for women with advanced stage ovarian cancer, who achieve a complete remission following first-line therapy with paclitaxel and carboplatin. As of December 31, 2011, it also developed tosedostat in collaboration with Chroma Therapeutics, Ltd. (Chroma). On May 31, 2012, CTI completed its acquisitio n gaining worldwide rights to S*BIO Pte Ltd.’s (S*BIO) pacritinib.
As of December 31, 2011, the Company developed Pixuvri, an aza-anthracenedione derivative, for the treatment of non-Hodgkin’s lymphoma (NHL), and various other hematologic malignancies, and solid tumors. Pixuvri was studied in the Company’s EXTEND, or PIX301, clinical trial, which was a phase III single-agent trial of Pixuvri for patients with relapsed, refractory aggressive NHL who received two or more prior therapies and who were sensitive to treatment with anthracyclines. On September 28, 2011, CTI announced that a second independent radiology assessment of response and progression endpoint data from its PIX301 clinical trial of Pixuvri was achieved with statistical significance. The results of the EXTEND trial met its primary endpoint and showed that patients randomized to treatment with Pixuvri achieved a significantly higher rate of confirmed and unconfirmed compl ete response compared to patients treated with standard chem! otherapy had a significantly increased overall response rate and experienced a statistically significant improvement in median progression free survival. Pixuvri had predictable and manageable toxicities when administered at the proposed dose and schedule in the EXTEND clinical trial in heavily pre-treated patients. In March 2011, the Company initiated the PIX-R trial to study Pixuvri in combination with rituximab in patients with relapsed/refractory diffuse large B-cell lymphoma (DLBCL). Pixuvri has also been studied in patients with HER2-negative metastatic breast cancer who have tumor progression after at least two, but not more than three, prior chemotherapy regimens. In the second quarter of 2010, the NCCTG opened this phase II study for enrollment. The study is closed to accrual and results are expected to be reported by the NCCTG later in 2012.
OPAXIO is the Company’s biologically-enhanced chemotherapeutic agent that links paclitax el to a biodegradable polyglutamate polymer, resulting in a new chemical entity. As of December 31, 2011, the Company focused its development of OPAXIO on ovarian, brain, esophageal, head and neck cancer. OPAXIO was designed to improve the delivery of paclitaxel to tumor tissue while protecting normal tissue from toxic side effects. In November 2010, results were presented by the Brown University Oncology Group from a phase II trial of OPAXIO combined with temozolomide (TMZ), and radiotherapy in patients with newly-diagnosed, high-grade gliomas, a type of brain cancer. The trial demonstrated a high rate of complete and partial responses and a high rate of six month progression free survival (PFS). Based on these results, the Brown University Oncology Group has initiated a randomized, multicenter, phase II study of OPAXIO and standard radiotherapy versus TMZ and radiotherapy for newly diagnosed patients with glioblastoma with an active gene termed MGMT that reduces responsive ness to TMZ. A phase I/II study of OPAXIO combined with radi! otherapy ! and cisplatin was initiated by SUNY Upstate Medical University, in patients with locally advanced head and neck cancer.
In March 2011, the Company entered into a co-development and license agreement with Chroma Therapeutics, Ltd. (Chroma), providing the Company with marketing and co-development rights to Chroma’s drug candidate, tosedostat, in North, Central and South America. Tosedostat is an oral, aminopeptidase inhibitor that has demonstrated anti-tumor responses in blood related cancers and solid tumors in phase I-II clinical trials. Interim results from the phase II OPAL study of tosedostat in elderly patients with relapsed or refractory acute myeloid leukemia (AML) showed that once-daily, oral doses of tosedostat had predictable and manageable toxicities and results demonstrated response rates, including a high-response rate among patients who received prior hypomethylating agents, which are used to treat myelodysplastic syndrom e (MDS), a precursor of AML.
As of December 31, 2011, the Company developed brostallicin through its wholly owned subsidiary, Systems Medicine LLC, which holds rights to use, develop, import and export brostallicin. Brostallicin is a synthetic deoxyribonucleic acid (DNA) minor groove binding agent that has demonstrated anti-tumor activity and a favorable safety profile in clinical trials, in which more than 230 patients have been treated as of December 31, 2011. The Company uses a genomic-based platform to guide the development of brostallicin. A phase II study of brostallicin in relapsed, refractory soft tissue sarcoma met its predefined activity and safety hurdles and resulted in a first-line phase II clinical trial study that was conducted by the European Organization for Research and Treatment of Cancer (EORTC).
The Company competes with Bristol-Myers Squibb Company, Sanofi-Aventis, Pfizer, Roche Group, Genentech, Inc ., Astellas Pharma, Eli Lilly and Company, Celgene, Telik, I! nc., TEVA! Pharmaceuticals Industries Ltd. and PharmaMar.
- [By MONEYMORNING]
Cell Therapeutics Inc. (Nasdaq: CTIC), based in Seattle, Wash., acquires, develops, and commercializes treatments for cancers, including non-Hodgkin’s leukemia and ovarian, neck, and brain cancers. The company just announced it has completed patient enrollment in clinical trials for an investigational agent to be used as a maintenance therapy in ovarian cancer patients. The trial is being conducted by the Gynecologic Oncology Group, one of the National Cancer Institute’s funded research groups. Roth Capital recently reiterated a “Buy” rating on the stock and raised its price target from $6 to $7. Roth believes the company’s treatment for leukemia, Pacritinib, is effectively evolving. Additionally, the investment firm sees potential in CTIC’s Tosedostat, which deprives tumor cells of the amino acid building blocks needed to make proteins necessary for tumor cell survival. Shares rose 2% Tuesday to $3.52 on volume of 6 million shares.
- [By John Udovich]
The start of 2014 shows that biotech is still a hot area with the sector along with small cap biotech stocks like AMAG Pharmaceuticals, Inc (NASDAQ: AMAG), Mast Therapeutics Inc (NYSEMKT: MSTX), Cell Therapeutics Inc (NASDAQ: CTIC), Imprimis Pharmaceuticals Inc (NASDAQ: IMMY) and TNI BioTech (OTCMKTS: TNIB) producing news or returns plus Auspex Pharmaceuticals (NASDAQ: ASPX), Cara Therapeutics (NASDAQ: CARA), Egalet (NASDAQ: EGLT), Flexion Therapeutics (NASDAQ: FLXN) and Ultragenyx Pharmaceutical (NASDAQ: RARE) are among the (many…) planned biotech IPOs that have recently been announced publicly:
- [By Bryan Murphy]
Like it or not, all good things must come to an end…. even for a red hot stock like Cell Therapeutics Inc. (NASDAQ:CTIC). Yes, CTIC is up 111% since the end of 2013, up 14% today alone, and it doesn’t look like the bulls have any reason to slow down now. That’s exactly why now’s the time for current shareholders to be afraid, however – expect it when you least expect it.
- [By Nathalie Tadena]
Among the companies with shares expected to actively trade in Friday’s session are Vanda Pharmaceuticals Inc.(VNDA), Kimberly-Clark(KMB) and Cell Therapeutics(CTIC).
Best Safest Stocks To Invest In Right Now: ATP Oil And Gas Corp (AOB)
ATP Oil & Gas Corporation, incorporated in 1991, is engaged in the acquisition, development and production of oil and natural gas properties. As of December 31, 2011, the Company had estimated net proved reserves of 118.9 Million barrels of crude oil equivalent (MMBoe), of which approximately 75.9 MMboe (64%) were in the Gulf of Mexico and 42.9 MMBoe (36%) were in the North Sea. The reserves consisted of 78.6 Million barrels (MMBbls) of oil (66%) and 241.5 billion cubic feet (Bcf) of natural gas (34%). Its proved reserves in the deepwater area of the Gulf of Mexico account for 62% of the Company’s total proved reserves and its proved reserves on the Gulf of Mexico Outer Continental Shelf account for 2% of its total proved reserves. During the year ended December 31, 2011, the Company acquired three licenses in the Mediterranean Sea covering potential natural gas resources in the deepwater off the coast of Israel (East Mediterranean). On August 17, 2012, ATP Oil And Gas C orp filed for Chapter 11 bankruptcy protection.
The Company’s natural gas reserves are split between the Gulf of Mexico (57%) and the North Sea (43%). Of its total proved reserves, 8.3 MMBoe (7%) were producing, 19.0 MMBoe (16%) were developed and not producing and 91.6 MMBoe (77%) were undeveloped. The Company’s average working interest in its properties at December 31, 2011, was approximately 81%. The Company operates 92% of its platforms. At December 31, 2011, in the Gulf of Mexico, it owned leasehold and other interests in 38 offshore blocks and 49 wells, including 23 subsea wells. The Company operates 43 (88%) of these wells, including 100% of the subsea wells. In the North Sea, it also had interests in 13 blocks and two Company-operated subsea wells. As of March 15, 2011, the Company owned an interest in 13 platforms, including two floating production facilities in the Gulf of Mexico, the ATP Titan at its Telemark Hub and the ATP Innovator at its Gome z Hub. It operates the ATP Innovator and the ATP Titan.
- [By John Emerson]
Most of the Chinese companies that I purchased now reside on the Pink Sheets or have disappeared altogether, but at one time they all traded on major US exchanges. One of them (AOB), even received the honor of ringing the opening bell at the New York Stock Exchange in 2007, and people say that crime does not pay.
Best Safest Stocks To Invest In Right Now: AeroVironment Inc.(AVAV)
AeroVironment, Inc. designs, develops, produces, and supports unmanned aircraft systems (UAS), and efficient energy systems for various industries and governmental agencies. Its UAS provide intelligence, surveillance, and reconnaissance, including real-time tactical reconnaissance, tracking, combat assessment, and geographic data to the small tactical unit or individual war fighter. The UAS wirelessly transmit critical live video and other information generated by their payload of electro-optical or infrared sensors directly to a hand-held ground control system, enabling the operator to view and capture images during the day or at night on a hand-held ground control unit. AeroVironment also provides spare equipment, alternative payload modules, batteries, chargers, repair services, and customer support for the UAS. In addition, the company produces industrial productivity and clean transportation solutions for commercial and government customers, develops potential clean t ransportation solutions, and performs contract engineering services; offers PosiCharge electric vehicle charging systems for industrial electric material handling fleets, electric vehicle charging systems for passenger and fleet vehicles, and power cycling and test systems for developers and manufacturers of plug-in electric and hybrid vehicles, as well as battery packs, electric motors, and fuel cells; and supplies power cycling and test systems to research and development organizations that focus on developing electric propulsion systems, electric generation systems, and electricity storage systems. It supplies its UAS primarily to the organizations within the United States department of defense. AeroVironment, Inc. was incorporated in 1971 and is headquartered in Monrovia, California.
- [By Jake L’Ecuyer]
AeroVironment (NASDAQ: AVAV) was also up, gaining 19.50 percent to $37.92 after the company reported upbeat Q3 earnings.
Equities Trading DOWN
Shares of XOMA (NASDAQ: XOMA) were down 27.54 percent to $6.84 after the company reported Q4 results and provided anupdate on its gevokizumab development program. Credit Suisse downgraded the stock from Outperform to Neutral.
- [By John Kell and Lauren Pollock var popups = dojo.query(“.socialByline .popC”); ]
AeroVironment Inc.’s(AVAV) fiscal third-quarter profit nearly tripled as the pilotless-drones maker reported a sharp jump in revenue and booked a gain on an investment. Adjusted profit and revenue results for the latest quarter easily exceeded Wall Street’s expectations. Shares climbed 10% to $34.90 in light premarket trading.
Best Safest Stocks To Invest In Right Now: Kilroy Realty Corp (KRC)
Kilroy Realty Corporation, incorporated on September 13, 1996, is a self-administered real estate investment trust (REIT). The Company focuses on office and industrial submarkets along the West Coast. The Company owns, develops, acquires and manages real estate assets, consisting primarily of Class A real estate properties in the coastal regions of Los Angeles, Orange County, San Diego County, the San Francisco Bay Area and greater Seattle. As of December 31, 2011, the Company’s portfolio consisted of 104 office buildings (the Office Properties) and 39 industrial buildings (the Industrial Properties). The Company owns its interests in all of its Office Properties and Industrial Properties through the Kilroy Realty, L.P. (the Operating Partnership) and Kilroy Realty Finance Partnership, L.P. (the Finance Partnership). In March 2012, the Company purchased Menlo Corporate Center in Menlo Park, California. In June 2012, the Company purchased two office properties in the Lake Union submarket of Seattle. In January 2013, the Company purchsed Westlake Terry, a two building 320,399 square-foot office property. In September 2013, the Company announced it has completed the purchase of a 13.8 acre Class A office campus in the coastal Del Mar sub-market of San Diego. Effective September 19, 2013, Kilroy Realty Corp acquired The Heights, a owner and operator of an office campus. In January 2014, Kilroy Realty Corp completed the disposition of 13 San Diego office properties in two tranches. In January 2014, Kilroy Realty Corp acquired from The Academy of Motion Pictures Arts and Sciences an approximate four-acre parcel near the intersection of Sunset Boulevard and Vine Street in Hollywood.
On January 28, 2011, the Company acquired one building in 250 Brannan Street, San Francisco, CA. On April 21, 2011, the Company acquired four buildings in 10210, 10220 and 10230 NE Points Drive; 3933 Lake Washington Boulevard NE, Kirkland, WA. On Ma y 12, 2011, the Company acquired one building in 10770 Water! idge Circle, San Diego, CA. On June 3, 2011, the Company acquired one building in 601 108th Avenue N.E., Bellevue, WA. On June 9, 2011, the Company acquired one building in 4040 Civic Center Drive, San Rafael, CA. On September 15, 2011, the Company acquired one building in 201 Third Street, San Francisco, CA. On November 15, 2011, the Company acquired one building in 301 Brannan Street, San Francisco, CA. On December 15, 2011, the Company acquired one building in 370 Third Street, San Francisco, CA. In December 2011, it commenced redevelopment at one of its acquired properties in San Francisco. On January 30, 2012, the Company sold 15004 Innovation Drive, San Diego, CA and 10243 Genetic Center Drive, San Diego, CA. In September 2011, the Company disposed of its interest in 10350 Barnes Canyon and 10120 Pacific Heights Drive, San Diego, CA. In December 2011, the Company disposed of interest in 2031 E. Mariposa Avenue, Los Angeles, CA.
The Company conducts substan tially all of its operations through the Operating Partnership of which as of December 31, 2011, it owned a 97.2% general partnership interest. Kilroy Realty Finance, Inc., a wholly owned subsidiary of the Company, is the sole general partner of the Finance Partnership. The Company conducts substantially all of its development activities through Kilroy Services, LLC (KSLLC), which is a wholly owned subsidiary of the Operating Partnership. Its wholly owned subsidiaries include Kilroy Realty TRS, Inc., Kilroy Realty Management, L.P., Kilroy RB, LLC, Kilroy RB II, LLC, Kilroy Realty Northside Drive, LLC and Kilroy Realty 303, LLC. As of December 31, 2011, the Company’s tenants included Intuit, Inc., Bridgepoint Education, Inc., Delta Dental of California, AMN Healthcare, Inc., Hewlett-Packard Company, Fish & Richardson P.C., Scripps Health and Epson America, Inc.
- [By Rich Duprey]
Real estate investment trust Kilroy Realty (NYSE: KRC ) announced yesterday its second-quarter dividend of $0.35 per share, the same rate it’s paid since 2009.
Best Safest Stocks To Invest In Right Now: Sandridge Energy Inc.(SD)
SandRidge Energy, Inc., together with its subsidiaries, operates as an independent natural gas and oil company in the United States. The company engages in the exploration, development, and production of oil and gas properties. Its Exploration and Production segment explores for, develops, and produces natural gas and oil reserves with focus on the Mid-Continent and Permian Basin. This segment also operates leasehold positions in the West Texas Overthrust (WTO), Gulf Coast, and Gulf of Mexico. The company?s Drilling and Oil Field Services segment is involved in the contract drilling of oil and natural gas wells primarily in the west Texas region. This segment also offers oil field services, including providing pulling units, trucking, rental tools, location, and road construction and roustabout services. Its Midstream Gas Services segment engages in purchasing, gathering, treating, and selling natural gas in west Texas. As of December 31, 2011, its estimated proved reserv es were 470.6 million barrels of oil equivalent, of which approximately 52% were oil. The company also had interests in 5,043 gross producing wells, as well as in approximately 2,695,000 gross acres under lease. In addition, it had 21 rigs drilling in the Mid-Continent and 15 rigs drilling in the Permian Basin. SandRidge Energy, Inc. is headquartered in Oklahoma City, Oklahoma.
- [By Aaron Levitt]
Featuring decent reserves and production along with low share prices, consider these energy stocks to buy now — five names that could be some of your portfolio’s biggest future winners.
Energy Stocks Under $10 to Buy Now: SandRidge Energy (SD)
First on our list of cheap energy stocks under $10 a share is a company whose fortunes have changed thanks to shareholder and hedge fund activism.
- [By Victor Selva]
Competitors such as Sandridge Energy Inc. (SD), Penn Virginia Corp. (PVA), Newfield Exploration Co. (NFX) also have a negative ROE. An alternative could be Cabot Oil &Gas Corp. (COG), Range Resources Corp. (RRC), SM Energy Co. (SM), Pioneer Natural Resources Co. (PXD) or Whiting Petroleum Corp (WLL), Berry Petroleum Co. (BRY), but for investors searching for a higher ratio, Continental Resources Inc. (CLR) will be the best option.
- [By Lauren Pollock]
Among the companies with shares expected to actively trade in Tuesday’s session are Cyan Inc.(CYNI), Neurocrine Biosciences Inc.(NBIX) and SandRidge Energy Inc.(SD)
Best Safest Stocks To Invest In Right Now: First Security Group Inc.(FSGI)
First Security Group, Inc. operates as the holding company for FSGBank that provides banking and financial products and services to various communities in eastern and middle Tennessee and northern Georgia. The company offers various deposit services, such as checking, savings, and money market accounts, as well as certificates of deposit. It offers commercial loans, including loans to smaller business ventures, credit lines for working capital, short-term seasonal or inventory financing, and letters of credit; real estate?construction and development loans to residential and commercial contractors and developers; and consumer loans to individuals for personal, family, and household purposes, including secured and unsecured installment and term loans. The company also offers commercial mortgage loans to finance the purchase of real property; commercial leasing for new and used equipment, fixtures, and furnishings to owner-managed businesses; and leasing for forklifts, heavy equipment, and other machinery to owner-managed businesses primarily in the trucking and construction industries. It also provides trust and investment management, mortgage banking, financial planning, and electronic banking services, such as Internet banking, online bill payment, cash management, ACH originations, wire transfers, direct deposit, traveler?s checks, safe deposit boxes, United States savings bonds, and remote deposit capture, as well as equipment leasing. The company operates 38 full-service banking offices and 1 loan and lease production office. Its market areas include in Bradley, Hamilton, Jackson, Jefferson, Knox, Loudon, McMinn, Monroe, Putnam, and Union counties, Tennessee; and Catoosa and Whitfield counties, Georgia. First Security Group was founded in 1974 and is headquartered in Chattanooga, Tennessee.
- [By Ning Jia]
The case for First Security Group (FSGI) is interesting. It is bank holding company that is obscure, cheap and unloved. As the company completed the recapitalization earlier this year, I think the market has been under-appreciating its potential to return to growth and profitability as a result of the much-needed recapitalization.
- [By Roberto Pedone]
First Security Group (FSGI) operates as the holding company for FSGBank, which provides banking products and services to various communities in Tennessee and Georgia. This stock closed up 6.5% to $2.29 in Tuesday’s trading session.
Tuesday’s Range: $2.16-$2.30
52-Week Range: $1.30-$7.45
Tuesday’s Volume: 80,000
Three-Month Average Volume: 509,606
From a technical perspective, FSGI ripped higher here right above some near-term support levels at $2.14 to $2.12 with lighter-than-average volume. This move is quickly pushing shares of FSGI within range of triggering a major breakout trade. That trade will hit if FSGI manages to take out some near-term overhead resistance levels at $2.38 to $2.52 and then once it clears its 200-day moving average at $2.80 with high volume.
Traders should now look for long-biased trades in FSGI as long as it’s trending above some key support levels at $2.14 to $2.12 and then once it sustains a move or close above those breakout levels with volume that hits near or above 509,606 shares. If that breakout triggers soon, then FSGI will set up to re-fill some of its previous gap down zone from June that started at $5.08.
Best Safest Stocks To Invest In Right Now: AMN Healthcare Services Inc(AHS)
AMN Healthcare Services, Inc. provides healthcare staffing and clinical workforce management solutions in the United States. The company?s Nurse and Allied Healthcare Staffing segment provides staffing solutions for hospitals and other healthcare facilities, including medical, surgical, specialty, licensed practical or vocational, and advanced practice nurses, as well as surgical technologists and dialysis technicians. This segment also offers allied health professionals under the Med Travelers, Club Staffing, and Rx Pro Health brand names to acute-care hospitals and other healthcare facilities, such as skilled nursing facilities, rehabilitation clinics, and retail and mail-order pharmacies. These allied health professionals include physical, surgical, respiratory, and occupational therapists, as well as medical and radiology technologists, speech pathologists, rehabilitation assistants, pharmacists, and pharmacy technicians. Its Locum Tenens Staffing segment places physic ians of various specialties, certified registered nurse anesthetists, nurse practitioners, and dentists on a temporary basis as independent contractors with various healthcare organizations, including hospitals, medical groups, occupational medical clinics, individual practitioners, networks, psychiatric facilities, government institutions, and managed care entities. The company?s Physician Permanent Placement Services segment provides permanent physician placement services to hospitals, healthcare facilities, and physician practice groups under the Merritt Hawkins and Kendall & Davis brand names. This segment also offers specialty offerings, including internal medicines, family practices, and surgeries. Its Home Healthcare Services segment provide home healthcare services to individuals with acute-care illness, long-term chronic health conditions, permanent disabilities, terminal illnesses, and post-procedural needs. The company was founded in 1985 and is headquartered in S an Diego, California.
- [By Sean Williams]
What: Shares of AMN Healthcare Services (NYSE: AHS ) , a health care staffing solutions company, jumped as much as 11% after reporting its third-quarter earnings results.
- [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 AMN Healthcare Services (NYSE: AHS ) , whose recent revenue and earnings are plotted below.
Best Safest Stocks To Invest In Right Now: Eyes on The Go Inc (AXCG)
Eyes on the Go, Inc., incorporated on August 26, 2010, designs, implements, and provides services for the remote real-time monitoring of, and the control of equipment and devices located at, businesses and other facilities via computers, wireless handheld devices and television equipment using the Internet, through its Website, www.eyesonthego.com, or internal communications. As of May 1, 2011, the Company entered into a Plan and Agreement of Merger by and among the Company, Eyes Enterprises, Inc. and its wholly owned subsidiary, and EOTG, under which Enterprises was merged with and into EOTG, with EOTG being the surviving entity. As a result of this merger, the Company changed its name to Eyes on the Go, Inc. and EOTG changed its corporate name to Eyes Enterprises, Inc. On May 11, 2011 the Company completed a Plan and Agreement of Merger with Mutual Exchange Corp. The Company was considered to be the accounting acquirer, and the merger was accounted for as a reverse merge r, whereby the Company being the accounting survivor.
Users of the Company’s services can view monitored facilities from video cameras, as well as receive temperature and other data; can remotely control devices, such as thermostats, lights and locks, and can receive e-mail-based alerts of door entries and other events with video clips and of equipment failures and deviations from temperature and other parameters. Its system can also store images and data for review. The Company markets primarily to business owners and managers in the hospitality industry.
The Company competes with Control4 Corporation, SVAT Electronics, Motorola, Inc., iControl Networks, Inc., Mi Casa Verde, Inc. and ADT Security Services, Inc.
- [By Peter Graham]
Small cap stocks Eyes on The Go Inc (OTCMKTS: AXCG), Quadrant 4 Systems Corp (OTCMKTS: QFOR) and Cloud Security Corp (OTCMKTS: CLDS) were getting attention last week, but all three stocks trended downward on Monday. It should be mentioned that none of these stocks have been overly or heavily paid promotions. So what will these three small cap stocks do on the last trading day of the year and for the rest of this week? Here is a closer look:
- [By Peter Graham]
Last Friday, small cap stocks Kiwibox.com Inc (OTCMKTS: KIWB), Eyes on The Go Inc (OTCMKTS: AXCG) and Green Endeavors Inc (OTCMKTS: GRNE) were sinking 37.5%, 28.57% and 23.9%, respectively. Moreover, it should be mentioned that all three small cap stocks have been the subject of recent paid promotions or investor relation campaigns which have gotten them mentions in various investment newsletters or investor alerts. So are the promotional or investor relation campaigns over with for these three small caps? Here is a quick look to help you decide:
Best Safest Stocks To Invest In Right Now: Luminex Corporation(LMNX)
Luminex Corporation engages in the development, manufacture, and sale of proprietary biological testing technologies and products for the life sciences and diagnostic industries. It offers xMAP technology, an open architecture and multiplexing technology that allows simultaneous analysis of approximately 500 bioassays from a drop of fluid by reading biological tests on the surface of microscopic polystyrene beads called microspheres. The company?s xMAP technology is used in various segments of the life sciences industry, such as the fields of drug discovery and development, clinical diagnostics, genetic analysis, bio-defense, food safety, and biomedical research. It operates in two segments, Technology and Strategic Partnerships; and Assays and Related Products. The Technology and Strategic Partnerships segment provides Luminex LX 100/200 that integrates fluidics, optics, and digital signal processing; FLEXMAP 3D system for use as a general laboratory instrument; and MAGP IX system, a multiplexing analyzer for qualitative and quantitative analysis of proteins and nucleic acids. This segment also offers consumables comprising dyed polystyrene microspheres and sheath fluids. The Assays and Related Products segment develops and sells assays on xMAP technology for use on its installed base of systems. This segment?s products are focused on the human genetics, personalized medicine, and infectious disease segments of the genetic testing market. This segment provides various assay products, which consist of a combination of chemical and biological reagents, and company?s proprietary bead technology used to perform diagnostic and research assays on samples. It serves pharmaceutical companies, clinical laboratories, research institutions, and medical institutions in the United States, Europe, Asia, Canada, and Australia. The company was founded in 1995 and is headquartered in Austin, Texas.
- [By Seth Jayson]
In this series, I examine inventory using a simple rule of thumb: Inventory increases ought to roughly parallel revenue increases. If inventory bloats more quickly than sales grow, this might be a sign that expected sales haven’t materialized. Is the current inventory situation at Luminex (Nasdaq: LMNX ) out of line? To figure that out, start by comparing the company’s inventory growth to sales growth. How is Luminex doing by this quick checkup? At first glance, not so great. Trailing-12-month revenue increased 9.1%, and inventory increased 32.2%. Comparing the latest quarter to the prior-year quarter, the story looks potentially problematic. Revenue grew 9.2%, and inventory grew 32.2%. Over the sequential quarterly period, the trend looks worrisome. Revenue dropped 4.2%, and inventory grew 8.0%.
- [By Markus Aarnio]
Illumina’s competitors include Affymetrix (AFFX), Life Technologies Corporation (LIFE) and Luminex Corporation (LMNX). Here is a table comparing these companies.
- [By Sean Williams]
Now what: Normally, a $5 million haircut isn’t a big deal. However, if a company is losing money and that $5 million is a clean 14% below its original forecasts, then it’s certainly going to garner a negative reaction. It also doesn’t help that Natural Molecular Testing Corporation — that aforementioned “large customer” — recently entered in a multi-year collaboration with Luminex (NASDAQ: LMNX ) earlier this month, casting a gray cloud over GenMark’s future revenue stream with NMTC. Until we get better visibility from GenMark’s management team and see the company moving toward profitability, this is a name I’d suggest keeping your distance from.