We are now in the 5th year since the “official” end of the Great Recession (the National Bureau of Economic Research (NBER), which officially dates U.S. recessions, said the recession ended in the second quarter of 2009), but it hardly feels like a recovery. Nonetheless, the media, sell-side economists, central bankers, the IMF, etc. all claim that the U.S. economy is now firmly out of the woods.
President Barack Obama said in his State of the Union speech that he believes 2014 “can be a breakthrough year” for the U.S. economy and the IMF, which raised its forecast for U.S. GDP growth in a report titled “Is the Tide Rising?”, now predicts growth of 2.8% in 2014.1
However, a closer look at the data suggests that things are not improving and that the U.S. economy remains frail. Many point to the unemployment rate as a sign that things are getting better. Indeed, it has been declining steadily for many years and now stands at 6.7%. However, what many seem to forget is that the unemployment rate is declining for the wrong reasons.
Best Supermarket Companies To Watch For 2015: SunOpta Inc (STKL)
SunOpta Inc. ( SunOpta), incorporated on January 1, 2008, is a global company operating businesses focused on a healthy products portfolio that promotes sustainable well-being. With expertise in field to table integration, it specializes in the sourcing, processing and packaging of natural, organic and specialty food products. The Company operates in two business segments: SunOpta Foods and Opta Minerals.
Its core natural and organic food operations focus on value-added grains, fiber and fruit-based product offerings, supported by a global sourcing and supply infrastructure. Its assets, operations and employees are principally located in North America and Europe. It has two non-core holdings: a 66.1% ownership position in Opta Minerals Inc. and its subsidiaries (Opta Minerals), a producer, distributor and recycler of industrial materials; and an 18.7% ownership position in Mascoma Corporation (Mascoma), a biofuels company.
SunOpta Foods operates in the natural, organic and specialty foods product sectors and utilizes a number of integrated business models to bring cost-effective and products to market. It believes these markets will continue to grow as consumers focus on health and wellness. SunOpta Foods consists of four operating segments: Grains and Foods Group, Ingredients Group, Consumer Products Group and International Foods Group .It focuses on three key go-to-market segments: raw materials, value-added ingredients and consumer-packaged products.
The Grains and Foods Group specializes in marketing organic, identity preserved (IP), and non-GMO grains, ingredients, packaged goods and processing services with a core focus on soybean, sunflower and corn products. The Grains and Foods Group works to ensure that it provides its customers with organic, non-GMO and IP specialty grains and seeds by serving as a grower’s supplier of seed; purchaser of the grower’s specialty crops; and processor and packager of a wide range of grains-! based ingredients and consumer-packaged products. It offers a variety of IP, non-GMO and organic seeds and whole grains including soy, corn and sunflower for food applications offering varieties with superior food , raw material sourcing and processing of soy based ingredients in liquid, spray-dried and roasted formats. It offers Grain-based ingredients which utilize non-GMO and organic soy, corn, sunflower and rice; specialty organic functional ingredients, including maltodextrins, tack blends, fiber products; flavor enhancing products, including snack coatings, cheese powders and flavor systems; an line of organic dairy ingredients; and organic soy and sunflower oils. It offers variety of packaged food products for retail and foodservice use and a full range of bulk grain-based animal feed and pet food products.
The Ingredients Group is focused primarily on fiber products and specialty fruit ingredients. It works closely with its customers to identify product formulation, cost and productivity opportunities aimed at transforming raw materials into value-added food ingredient solutions. It offers fibers and brans, including Canadian Harvest Oat Fiber, SunOpta Soy Fiber, SunOpta Rice Fiber, SunOpta Cellulose Fiber and SunOpta Pea Fiber brands of insoluble organic and conventional fiber products, Barley Balance soluble fiber, MultiFiber blends, value-added starch-based texturizers, and a number of custom processed ingredients. It offers SunOpta Specialty Starch products, including OptaGrade and OptaMist. OptaGrade is a natural, starch-based texturizing agent that is used commercially in a variety of dairy products including natural, imitation, and processed cheeses, sour cream, cream cheese, cottage cheese and yogurt. OptaMist is also a starch-based texturizing agent that improves the taste, texture and appearance of dairy products, yogurt, cheese products, and salad dressings.
The Consumer Products Group provides natu ral and organic consumer packaged food products to global fo! od manufa! cturers, distributors and supermarket chains with a variety of branded and private label products. The Consumer Products Group’s products include Conventional and organic beverage processing and re-sealable pouch filling solutions in a variety of product categories, including shelf stable and refrigerated juices, frozen fruits and vegetables, specialty beverages, vitamin waters, electrolyte waters, energy drinks, soups, baby food, and healthy fruit and vegetable based snacks in flexible pouches. It offers nutritious healthy snacks including natural and organic fruit based snacks in bar, twist, rope and bite size shapes, with the ability to add a variety of ingredients including fiber, plus a range of baked and extruded nutrition bars using a wide variety of ingredients including grains, proteins and other ingredients.
The International Foods Group includes European and North American based operations that source and supply raw material ingredients and t rade organic commodities. Its principal operations are located in Amsterdam, the Netherlands and Santa Cruz, California and comprise the global sourcing and supply operations of Tradin Organic, including a business in Dalian, China that supplies food grade organic soybeans, feed, organic sunflower kernels and other grains and distributes certain organic food products, as well as sourcing and processing operations in Ethiopia for organic and specialty coffees and organic and conventional sesame seeds. In addition, the International Foods Group is expanding its integrated processing capabilities with the construction of its value-added organic and specialty cocoa facility in the Netherlands.
SunOpta Foods is subject to a wide range of governmental regulations and policies in various countries and regions where it operates,including the
United States,Canada, the Netherlands, throughout the rest of the EU, China and Ethiopia. These laws, regulations and polici es are implemented, as applicable in each jurisdiction, on t! he nation! al, federal, state, provincial and local levels. For example, SunOpta Foods is affected by laws and regulations related to: seed, fertilizer and pesticides; the purchasing, harvesting, transportation and warehousing of grain and other products; the processing, packaging and sale of food, including wholesale operations; and product labelling and marketing, food safety and food defense. SunOpta Foods is also affected by government-sponsored price supports, acreage set aside programs and a number of environmental regulations.
Opta Minerals is a vertically integrated provider of custom process optimization solutions and supplier of industrial minerals and silica-free abrasives for use primarily in the steel, foundry, loose abrasive cleaning and municipal water filtration industries. Opta Minerals has offices and production and distribution facilities in Ontario, Quebec, Saskatchewan, Florida, Idaho, Indiana, Louisiana, Maryland, Michigan, New York, Ohio, South Carolina, Texas, Virginia and production locations in Europe in Kosice, Slovakia; Romans, France; and Ermsleben and Rodermark, Germany. Opta Minerals integration of its business acquisitions into its existing operations and financial management systems has created synergies that have increased revenues and profit margins. It has invested in improving plant equipment and infrastructure and has been able to reduce costs while growing production capabilities. It believes that Opta Minerals is well-positioned to expand current operations with modest capital expenditures.
Opta Minerals produces, manufactures, distributes and recycles industrial minerals, silica-free abrasives and specialty sands and other products and services to the foundry, steel, loose abrasive cleaning, roofing granule, marine/bridge cleaning, waterjet cutting, and municipal, recreational and industrial water filtration industries. Its principal product lines include: blends of industrial minerals used primarily in heavy industrial a! pplicatio! ns; silica-free abrasives,and specialty sands, filtration media and other products and services.
Opta Minerals sells industrial mineral products primarily to the foundry and steel industries. Industrial minerals products produced by Opta Minerals include chromites, magnesium blends, lime, nozzle sands, clays, coated sands, petroleum coke, crushed graphite, pre-cast refractory shapes, injection lances, and a wide range of foundry pre-mixes.
Opta Minerals abrasive products are primarily sold into shipbuilding, ship repair, bridge cleaning, waterjet cutting and roofing granule markets. The abrasives produced are free of silica, making them a clean, efficient and recyclable alternative to traditional abrasives. Recycling operations are conducted at Waterdown, Ontario, Norfolk, Virginia and Ermsleben, Germany. This is an important service that Opta Minerals provides to its customers which results in the reuse of materials that would otherwise be sent d irectly to landfills. Silica-free abrasive products produced by Opta Minerals include BlackBlast, Ultra Blast, EconoBlast, EbonyGrit, Powerblast, Galaxy Garnet, Emerald Creek Garnet, Bengal Bay Garnet and other specialty abrasives.
Opta Minerals also generates revenues from the sale of specialty sands, filtration media and other products and technical services. The silica sands are not sold for use as an abrasive material.Speciality sands and other products and services of Opta Minerals include filtration and industrial sands, garnets for filtration and waterjet cutting, construction sands, golf bunker sand, silica (not sold for loose abrasive applications), colored sand, waterjet cutting replacement parts and components, and technical services.
The industrial minerals industry is characterized by a number of public and private companies that service the bulk of requirements for both the foundry and steel industry. The remaining market requirements are fulfilled by small regionally based companies with limi! ted produ! ct lines that generally focus on local markets.
The silica-free abrasives industry is characterized by a number of regionally-based companies with limited product lines tending to focus on geographically adjacent markets. Their competition varies by product line, customer classification and geographic market. Opta Minerals conducts business throughout North America with a focus on key regions including the Quebec-Detroit corridor, New York, Maryland, Virginia, Georgia, Florida, Louisiana and Texas, all of which are areas of high volume ship repairs and bridge cleaning activities.
The Company competes with Vesuvius Group S.A./N.V., Stollberg Group, SKW Mettalurgie Gmbh, Magnesium Elektron and Prince Minerals.
- [By Jake L’Ecuyer]
Equities Trading UP
SunOpta (NASDAQ: STKL) shares shot up 12.89 percent to $12.70 after the company reported upbeat Q1 earnings.
Shares of Isis Pharmaceuticals (NASDAQ: ISIS) got a boost, shooting up 10.16 percent to $27.64 after the company reported positive Phase 2 data on ISIS-GCGR Rx in HbA1c in patients with type 2 diabetes.
- [By Lisa Levin]
© 2014 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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Best Supermarket Companies To Watch For 2015: Green Plains Renewable Energy Inc. (GPRE)
Green Plains Renewable Energy, Inc. engages in the production, marketing, and distribution of ethanol and related distillers grains in the United States. It also involves in grain warehousing and marketing; selling and servicing agronomy and petroleum products; the production and sale of corn oil; and the marketing and distribution of company-produced and third-party ethanol and distillers grains. The company was founded in 2006 and is headquartered in Omaha, Nebraska.
- [By STOCKPICKR]
Green Plains (GPRE) produces, markets, and distributes ethanol in the U.S. This stock closed up 4.8% at $31.54 in Monday’s trading session.
Monday’s Volume: 1.54 million
Three-Month Average Volume: 1.03 million
Volume % Change: 50%
From a technical perspective, GPRE spiked sharply higher here and broke out above some near-term overhead resistance at $30.94 with above-average volume. This spike higher on Monday is quickly pushing shares of GPRE within range of triggering of triggering another big breakout trade. That trade will hit if GPRE manages to clear Monday’s intraday high of $31.89 to its 52-week high of $32.60 with high volume.
Traders should now look for long-biased trades in GPRE as long as it’s trending above some near-term support at $30 or above its 50-day at $28.59 and then once it sustains a move or close above those breakout levels with volume that hits near or above 1.03 million shares. If that breakout triggers soon, then GPRE will set up to enter new 52-week-high territory, which is bullish technical price action. Some possible upside targets off that breakout are $35 to $40.
- [By Nickey Friedman]
Other biofuel companies
Unlike KiOR, Renewable Energy Group (NASDAQ: REGI ) and Green Plains Renewable Energy (NASDAQ: GPRE ) are ending the year with stock prices at more than double where they started it due to their excellent operational performance. For example, last quarter Renewable Energy Group reported revenue leaped 42% to $458.4 million. Net income had a dramatic turnaround, from a loss of $6.9 million to positive $78.5 million or $2.31 per share, though $42.1 million of that was an IRS tax benefit. Analysts expect Renewable Energy Group to report positive EPS of $1.66 next year while KiOR is expected to lose nearly a buck per share.
- [By Tristan R. Brown]
Three months ago I wrote that the stock performance YTD of independent ethanol producer Pacific Ethanol (PEIX) was an “aberration”, especially in light of the performance of its industry peers’ shares. The discrepancy between Pacific Ethanol’s share price and those of its peers has only grown more pronounced since July (see figure). Green Plains Renewable Energy (GPRE) and REX American Resources (REX) have continued to greatly outperform the S&P 500. Even Biofuel Energy, which fell behind on its interest and debt payments over the summer and is facing a shareholder-ruining liquidation, has seen its share price perform significantly better than Pacific Ethanol’s in 2013. The oddest part about the stock’s performance over the last three months, however, is that the period has been marked by multiple positive announcements from the company. It late July it reported its first positive EPS in almost two years for Q2 (0.07). Its Q2 EBITDA of $3.8 million was its highest sinc e Q4 2011. Its current ratio is well above its previous lows, its ratio of total assets to total liabilities is increasing, and its total shareholders’ equity is at a 3-year high. Despite these improvements, the company’s price/book ratio is a mere 0.77.
Best Supermarket Companies To Watch For 2015: Mcdermott International Inc (MDR)
McDermott International, Inc. (MII),incorporated on August 11, 1959, is a engineering, procurement, construction and installation (EPCI) company. The Company is focused on designing and executing complex offshore oil and gas projects worldwide.
The Company provides fully integrated EPCI services; it delivers fixed and floating production facilities, pipeline installations and subsea systems from concept to commissioning. Its business segments consist of Asia Pacific, Atlantic, Caspian and the Middle East. On March 19, 2012, the Company completed the sale of its former charter fleet business, which operated 10 of the 14 vessels.
Asia Pacific Segment
Through the Company’s Asia Pacific segment, it serves the needs of customers primarily in Australia, Indonesia, Vietnam, Malaysia and Thailand. Project focus in this segment includes the fabrication and installation of fixed and floating structures and the installation of pipelines and subsea systems. The majority of its projects in this segment are performed on an EPCI basis. Engineering and procurement services are provided by its Singapore office and are supported by additional resources located in Chennai, India and Houston, Texas. The primary fabrication facility for this segment is located on Batam Island, Indonesia. Additionally, through its equity ownership interest in a joint venture, the Company has developed a fabrication facility located in China.
The Company competes with Allseas Marine Contractors S.A.; Daewoo Engineering & Construction Co., Ltd.; EMAS Offshore Pte Ltd.; Heerema Group; Hyundai Heavy Industrial Co., Ltd.; Nippon Steel Corporation; Saipem S.P.A.; Samsung Heavy Industries Co., Ltd.; Sapura Kencana Petroleum; Subsea 7 S.A.; Swiber Holdings Ltd., and Technip S.A.
Through the Company’s Atlantic segment, it serves the needs of customers primarily in the United States, Brazi l, Mexico, Trinidad and West Africa. Project focus in this s! egment includes the fabrication and installation of fixed and floating structures and the installation of pipelines and subsea systems. Engineering and procurement services are provided by its Houston office, and its New Orleans office provides marine engineering capabilities to support its global marine activities. The primary fabrication facilities for this segment are located in Morgan City, Louisiana and Altamira, Mexico.
The Company competes with Allseas Marine Contractors S.A.; Dragados Offshore Mexico, S.A.; Gulf Island Fabrication Inc.; Heerema Group; Helix Energy Solutions Group, Inc.; KBR, Inc.; Kiewit Corporation; Saipem S.P.A.; Subsea 7 S.A., and Technip S.A.
Middle East Segment
Through the Company’s Middle East segment, which includes the Caspian region, it serves the needs of customers primarily in Saudi Arabia, Qatar, the United Arab Emirates (U.A.E.), Kuwait, India, Azerbaijan, Russia, and the North Sea. Project focus in this segment relates primarily to the fabrication and offshore installation of fixed and floating structures and the installation of pipelines and subsea systems. The majority of its projects in this segment are performed on an EPCI basis. Engineering and procurement services are provided by its Dubai, U.A.E., Chennai, India and Al Khobar, Saudi Arabia offices and are supported by additional resources from its Houston and Baku, Azerbaijan offices. The primary fabrication facility for this segment is located in Dubai, U.A.E.
The fabrication facilities in each segment are equipped with a variety of heavy-duty construction and fabrication equipment, including cranes, welding equipment, machine tools and robotic and other automated equipment. Project installation is performed by construction vessels, which the Company owns or leases and are stationed throughout the various regions and provide structural lifting/lowering and pipelay services. These construction v essels are supported by its multi-function vessels and chart! ered vess! els from third parties to perform a wide array of installation activities that include anchor handling, pipelay, cable/umbilical lay, dive support and hookup/commissioning.
The Company competes with Hyundai Heavy Industrial Co. Ltd.; Keppel Corporation; Larsen and Toubro Ltd (India); National Petroleum Construction Company (Abu Dhabi); Saipem S.P.A.; Technip S.A.; and Valentine and Swiber Holdings Ltd.
- [By Roberto Pedone]
Another under-$10 basic materials player that’s starting to trend within range of triggering a near-term breakout trade is McDermott International (MDR), which operates as an engineering, procurement, construction, and installation company worldwide. This stock has been hammered lower by the bears in 2014, with shares down sharply by 53%.
If you take a look at the chart for McDermott International, you’ll see that this stock recently formed a double bottom chart pattern at $3.60 to $3.66 a share. Following that bottom, shares of MDR have now started to trend higher off those support levels and it’s quickly moving within range of triggering a near-term breakout trade above some key overhead resistance levels.
Market players should now look for long-biased trades in MDR if it manages to break out above some key near-term overhead resistance levels at $4.39 to $4.41 a share with high volume. Look for a sustained move or close above those levels with volume that hits near or above its three-month average action of 6.63 million shares. If that breakout hits soon, then MDR will set up to re-test or possibly take out its next major overhead resistance levels at its 50-day moving average of $4.93 to $5.50 a share.
Traders can look to buy MDR off weakness to anticipate that breakout and simply use a stop that sits right below some key near-term support at $4 a share or near those double bottom support levels. One can also buy MDR off strength once it starts to take out those breakout levels with volume and then simply use a stop that sits a comfortable percentage from your entry point.
Must Read: 7 Stocks Warren Buffett Is Selling in 2014
- [By Jake L’Ecuyer]
McDermott International (NYSE: MDR) was down, falling 6.65 percent to $7.30 after the company announced a public offering of 10 million tangible equity units, each with a stated value of $25.
- [By Jake L’Ecuyer]
McDermott International (NYSE: MDR) was down, falling 6.28 percent to $7.33 after the company announced a public offering of 10 million tangible equity units, each with a stated value of $25.
Best Supermarket Companies To Watch For 2015: Public Service Enterprise Group Incorporated(PEG)
Public Service Enterprise Group Incorporated, through its subsidiaries, operates in the energy industry primarily in the northeastern and mid Atlantic United States. The company primarily operates as a wholesale energy supply company that integrates its generating asset operations through its wholesale energy, fuel supply, energy trading, and marketing and risk management activities. It operates nuclear, coal, gas, and oil-fired generation facilities. The company also involves in the transmission of electricity and distribution of electricity and natural gas to residential, commercial, and industrial customers, as well as invests in the development of solar generation projects and energy efficiency programs. In addition, it owns and operates domestic projects engaged in the generation of energy; and offers appliance services and repairs to customers. As of December 31, 2010, it owned approximately 13,538 megawatts of generation capacity. The company also owned and operated approximately 17,608 miles of gas mains, 12 gas distribution headquarters, and 2 subheadquarters, as well as 62 natural gas metering and regulating stations. Public Service Enterprise Group was founded in 1985 and is based in Newark, New Jersey.
- [By Garrett Cook]
Utilities shares dropped 0.78 percent in today’s trading. Top decliners in the sector included Companhia de Saneamento Basico do Estado de Sao Paulo (NYSE: SBS), down 1.7 percent, and Public Service Enterprise Group (NYSE: PEG), off 1.9 percent.
- [By Dimitra DeFotis]
First Energy (FE), Entergy (ETR) and Exelon (EXC) each lost more than 3%, and Public Service Enterprise Group (PEG) fell nearly as much.
A more temporary phenomenon beset airline stocks, with passenger revenue affected internationally by World Cup soccer mania. Leading the airline stocks lower were United Continental Holdings (UAL), Delta Air Lines (DAL) and American Airlines (AMR).
Best Supermarket Companies To Watch For 2015: Air France KLM SA (AFLYY.PK)
Air France-KLM SA (Air France-KLM), incorporated on April 23, 1947, is an airline engaged in the business of passenger transportation. It has four segments: Passenger, Cargo, Maintenance and Other. The Company’s primary business is to hold direct or indirect interests in the capital of air transport companies and, more generally, in any companies in France or elsewhere whose purpose is related to the air transport business. Air France-KLM activities also include cargo, aeronautics maintenance and other air-transport related activities including, principally, catering and charter services. At March 31, 2011, the Air France-KLM group fleet consists of 609 aircraft, of which 593 were operational. At March 31, 2011, 274 aircraft were fully owned (45% of the fleet), 117 aircraft were under finance lease representing 19% of the fleet and 218 under operating lease representing 36% of the fleet.
Passenger operating revenues primarily come from passenger transportation services on scheduled flights with the Company’s airline code, including flights operated by other airlines under code-sharing agreements. They also include commissions paid by SkyTeam alliance partners, code-sharing revenues, revenues from excess baggage and airport services supplied by the Company’s to third party airlines and services linked to information technology (IT) systems.
Cargo operating revenues come from freight transport on flights under the companies’ codes, including flights operated by other partner airlines under code-sharing agreements. Other cargo revenues are derived principally from sales of cargo capacity to third parties. During the fiscal year ended March 31, 2011, the Company transported more than 1.5 million tons of cargo, of which 66% in the bellies of passenger aircraft and 33% in the cargo fleet, to a network of approximately 254 destinations in approximately 111 countries. Air Fra nce-KLM Cargo has a product range organized around four prod! uct families, Equation, Cohesion, Variation and Dimension.
Maintenance operating revenues are generated through maintenance services provided to other airlines and customers globally. The Company’s two engine shops are located in Amsterdam and Paris. CFM56 engine shops support the fleet of CFM56-5 power plants in the world, with nearly 400 engines operated by numerous airlines. CF6-80E1 provides full-service maintenance. KLM Engineering & Maintenance (AFI KLM E&M) provides an alternative to the manufacturer’s services in terms of overhaul and services on this engine with its offering supported by technological infrastructure.
The revenues from this segment come primarily from catering supplied by the Company to third-party airlines and to charter flights operated primarily by Transavia. The catering business is regrouped around Servair, an Air France subsidiary which generates more than 90% of the reve nues of this activity, and KLM Catering Services, a subsidiary of KLM.
- [By El Torero]
The airline will undoubtedly pounce on the likely failings of rival companies, though this is also an area where easyJet will be eager to move in. Spanair is gone as is Malev Zrt, two former Ryanair rivals. Air France-KLM (AFLYY.PK) and Iberia are in trouble, among other European airlines. Ryanair will take advantage of such weaknesses in its aim of becoming Europe’s out-and-out dominant short-haul carrier. As other airlines cut routes, airports are now looking to Ryanair to take up the newly available airport space. As a result of this, with "opportunities opening up in Germany, Scandinavia and Central Europe" in particular, Ryanair’s deputy chief executive, Howard Millar sees the Irish company increase its market share from 15 percent to 20 percent before the end of the decade.
Best Supermarket Companies To Watch For 2015: 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 Roberto Pedone]
ADDvantage Technologies Group (AEY) distributes and services a line of electronics and hardware products for the cable television industry. This stock closed up 5.2% to $2.42 in Tuesday’s trading session.
Tuesday’s Range: $2.29-$2.47
52-Week Range: $2.25-$3.55
Tuesday’s Volume: 112,000
Three-Month Average Volume: 36,625
From a technical perspective, AEY ripped higher here right above some near-term support at $2.28 with above-average volume. This sharp spike to the upside on Tuesday also pushed shares of AEY back above its 50-day moving average of $2.41. Shares of AEY are now starting to trend within range of triggering a major breakout trade. That trade will hit if AEY manages to take out some key near-term overhead resistance levels at $2.50 to $2.55 with high volume.
Traders should now look for long-biased trades in AEY as long as it’s trending above some key near-term support levels at $2.28 or above its 52-week low of $2.25 and then once it sustains a move or close above those breakout levels with volume that hits near or above 36,625 shares. If that breakout kicks off soon, then AEY will set up to re-test or possibly take out its next major overhead resistance levels at its 200-day moving average of $2.81 or at $3.10 to $3.13.
- [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
Best Supermarket Companies To Watch For 2015: Vivendi SA (VIVHY)
Vivendi SA (Vivendi), incorporated on December 18, 1987, is a communications and entertainment company. As of December 31, 2009, the Company had six business segments: Activision Blizzard, Universal Music Group, SFR, Maroc Telecom Group, GVT (Holding) S.A. (GVT) and Canal+ Group. Activision Blizzard develops, publishes and distributes interactive entertainment software, online or on other media (such as console and personal computer (PC)). Universal Music Group is engaged in the sale of recorded music (physical and digital media), exploitation of music publishing rights, as well as artist services and merchandising. SFR is engaged in the phone services (mobile, broadband Internet and fixed) in France. Maroc Telecom Group is a telecommunication operator (mobile, fixed and Internet) in Africa, principally in Morocco, as well as in Mauritania, Burkina Faso, Gabon and Mali. GVT is a Brazilian fixed and broadband operator. Canal+ Group is engaged in publishing and distribution of pay-television mainly in France, in both analog and digital (terrestrially, via satellite or ADSL), as well as film production in Europe. In July 2013, Vivendi SA and Universal Music Group announced the completion of the sale of Parlophone Label Group to Warner Music Group Corp.
On November 13, 2009, Vivendi acquired an aggregate of 29.9% of GVT’s outstanding voting shares from Swarth Investments LLC, Swarth Investments Holdings LLC and Global Village Telecom (Holland) BV. In addition, Vivendi acquired from third parties an additional 8% interest in GVT’s outstanding shares. On December 28, 2009, Canal+ Group, Vivendi’s subsidiary, acquired TF1’s 9.9% interest in the capital of Canal+ France. On July 31, 2009, Maroc Telecom acquired 51% controlling interest in Sotelma. On August 27, 2009, CID, a company 40% owned by SFR and 60% by other financial investors, acquired the 62% interest in 5 sur 5.
- [By Demitrios Kalogeropoulos]
Activision Blizzard (NASDAQ: ATVI ) is striking out on its own. The company reached a purchase agreement with Vivendi (NASDAQOTH: VIVHY ) to transfer enough shares so that it will become an independent company, one that’s majority-owned by public investors rather than a single corporation.
Best Supermarket Companies To Watch For 2015: New Western Energy Corp (NWTR)
New Western Energy Corporation, incorporated on September 25, 2008, is an oil and gas and mineral exploration and production company with current projects located in Oklahoma, Kansas and Texas. The Company’s principal business is in the acquisition, exploration and development of, and production from oil, gas and mineral properties. The Company’s project includes Oklahoma Project, Texas Project, Kansas Project and Pennsylvania project. As of December 31, 2011, the Company’s total estimated unproved reserves were approximately 1,495,757 barrels of oil reserves. On January 2, 2012, the Company acquired of 100% interest in Royal Texan.
This project comprises of two leases Glass and Phillips. The Glass Lease is located in Roger County, Oklahoma. The Glass leasehold property contains approximately 120 acres. The Phillips Lease is located in Rogers County, Oklahoma. The Phillips leasehold property contains approximately 150 acres . The Company’s oil leases located in Oklahoma were originally obtained from one lessor RC Oil Co.
This project comprises of three leases Swenson, Reves and McLellan. On January 27, 2011, the Company’s subsidiary New Western Texas acquired a 50% working interest in 160 acres of oil and gas leases in Jones County, Texas, known as the Swenson Lease. On August 8, 2011, the Company’s subsidiary New Western Texas was assigned from a third party a Paid Up Oil and Gas Lease agreement with Michael L. McLellan and Paula McLellan (Lessors), which provided us a 50% working interest in approximately 160 acres of land for the purpose of exploring for developing, producing and marketing oil and gas, along with all hydrocarbon and non-hydrocarbon substances produced.
On December 20, 2011, entered into an assignment of oil and gas lease with an independent third party for an oil and gas property in Kans as referred to as Chautauqua Lease, whereby the assignor gra! nted the rights to the Company to carry on geographical and other exploratory work, including core drilling, and the drilling, and operating for producing, and marketing all of the oil, gas, including all associated hydrocarbons. As of December 31, 2011, the Company has not started any oil and gas exploration on Chautauqua Lease.
The property is approximately 23 acres and is located on a glacial aged kame terrace. The terrace sands, gravels and finer sediments were deposited in response to blockage by glacial ice. Pennsylvania’s Marcellus Shale natural gas producers operate approximately 50,000 wells and deliver more than 158 billion cubic feet of natural gas.
- [By Peter Graham]
New Western Energy Corp (OTCMKTS: NWTR) May Have Enough Cash for Now
Small cap New Western Energy Corp is an independent energy company engaged in the acquisition, development, production, and exploration of oil, gas and minerals primarily in North America. On Friday, New Western Energy Corp fell 16% to $0.189 for a market cap of $13.02 million plus NWTR is down 37% over the past year and down 10% since February 2012 according to Google Finance.
Best Supermarket Companies To Watch For 2015: Oceaneering International Inc.(OII)
Oceaneering International, Inc., together with its subsidiaries, provides engineered products and services primarily to the offshore oil and gas industry with a focus on deepwater applications. The company?s Remotely Operated Vehicles segment provides submersible vehicles operated from the surface to support offshore oil and gas exploration, production, and construction activities. Its Subsea Products segment supplies various built-to-order specialty subsea hardware products. The company?s Subsea Projects segment provides multiservice vessels, oilfield diving, and support vessel operations, which are used primarily in inspection, repair, and maintenance and installation activities; and mobile offshore production systems. Its Inspection segment offers customers with a range of third-party inspection services to satisfy contractual structural specifications, internal safety standards, and regulatory requirements. The company?s Advanced Technologies segment offers project man agement, and engineering services and equipment for applications in non-oilfield markets. Oceaneering International, Inc. also serves defense and aerospace industries. It operates primarily in west Africa, Norway, the United Kingdom, Asia, Australia, Brazil, and the United States. The company was founded in 1965 and is based in Houston, Texas.
- [By ovenerio]
The company has a current ROE of 15.65% which is higher than the one exhibit by Superior Energy Services Inc (SPN) and National Oilwell Varco Inc (NOV). In general, analysts consider ROE ratios in the 15-20% range as representing attractive levels for investment. So for investors looking for those levels or more, Oceaneering International (OII) could be the option and Core Laboratories NV (CLB) tremendous ratio seems very attractive. It is very important to understand this metric before investing and it is important to look at the trend in ROE over time.
- [By Dimitra DeFotis]
The market seems to be showing fatigue particularly with positive onshore oil service data points that may no longer seem incremental. Investors have become especially focused on potential issues and macro concerns. We believe this phase of enhanced risk perceptions will pass and still recommend owning selective stocks based on attractive valuations and healthy fundamentals. Of the 16 oilfield services companies having reported their quarters to date, the share price changes have at times been difficult to tie to specific results. … Five of the 12 companies who have beaten earnings expectations have seen their share prices drop on the day, including Basic Energy Services (BAS) (-9.0%), Baker Hughes (BHI) (-2.5%), National Oilwell Varco (NOV) (-1.5%), Oceaneering (OII) (-4.2%), and Schlumberger (SLB) (-2.0%). Other stocks beating expectations have traded higher as expected, including Cameron International (CAM) (+4.1%), FMC Technologies (FTI) (+3.1%), Mitcham In dustries (MIND) (+3.8%), Nabors Industries (NBR) (+1.2%), Patterson-UTI Energy (PTEN) (+1.8%), RPC (RES) (+8.4%), and Weatherford International (WFT) (+2.3%). Companies which have missed have universally seen their share prices decline, including Diamond Offshore Drilling (DO) (-4.3%), Gulfmark Offshore (GLF) (-0.1%), and Hercules Offshore (HERO) (-6.9%). Halliburton (HAL) was in line and flat on the day.
- [By Aaron Levitt]
But given the company’s exposure, those hefty revenue and profit gains could be just for the beginning for SM Energy and SM stock investors. Meanwhile, its midcap size makes it perfect for a buyout.
Midcap Energy Stocks To Buy #4: Oceaneering International (OII)
It takes a lot of technology and know-how in order to drill in the ultra-deep water of the world. For the energy stocks providing those services, it can mean some huge profits. For Remotely Operated Vehicles (ROVs) specialist Oceaneering International (OII), it can mean record profits.
- [By Chris Hill]
Gold continues its decline. Citigroup (NYSE: C ) gets a boost from its investment banking business. Netflix (NASDAQ: NFLX ) gets a boost from analyst upgrades. And Oceaneering International (NYSE: OII ) slips on falling oil prices. In this installment of Investor Beat, our analysts discuss four stocks making moves.
Best Supermarket Companies To Watch For 2015: Intellicheck Mobilisia Inc. (IDN)
Intellicheck Mobilisa, Inc. develops, integrates, and markets wireless technology and identity systems for mobile and handheld access control and security systems. The company offers identity systems products, including commercial identification products, such as IDvCheck SDK for software developers; IDvCheck point of sale, a software application that runs on various VeriFone devices; IDvCheck browser helper object for Internet explorer; ScanInn that speeds up check-in and ID verification at hotels and motels; AssureScan, an application, which assists pharmacies with ID verification and tracking drug related purchases; IDvCheck PC, a software solution; IDvCheck Mobile for hand held devices; software products for data collection devices; and instant credit application kiosk software applications. It also provides government identification products comprising Defense ID systems to read barcodes, magnetic stripes, radio frequency identification, and optical character recognit ion codes printed on current forms of identification cards; Fugitive Finder that scans drivers licenses, and military IDs or passports; transportation worker identification credential readers; and visitor center, a component of Defense ID or Fugitive Finder systems. In addition, the company offers wireless security products and services, such as Wireless Over Water technology that allow passengers of moving vessels to access the Internet while in motion on water; Floating Area Network for the U.S. Navy; Aegeus wireless security buoy and littoral sensor grid for security monitoring of harbors and waterways; and AIRchitect, a wireless LAN design expert system. Further, it provides wireless services; and design, engineering, and integration services for commercial wireless communications systems. The company serves government, military, and commercial markets through its sales force and distributors. Intellicheck Mobilisa, Inc. was founded in 1994 and is headquartered in Por t Townsend, Washington.
- [By James E. Brumley]
Just for the record, yes, I was the same guy who two days ago was telling you to bail out of Intellicheck Mobilisa, Inc. (NYSEMKT:IDN), locking in whatever gain you could on the falling stock while there was a gain to be hand. So why am I calling IDN a buy now? Because my bearish worries were from two days ago… a lifetime, in trading terms.
- [By Damian Illia]
Based in California, VeriSign Inc. (VRSN) is an internet infrastructure services provider, which includes domain name registry services and infrastructure assurance services, responsible for top-level domains such as .com, .net, .tv, .edu, .gov and .name among others. The company also provides Registry services and Network Intelligence and Availability (NIA) services. Working with the Internet Corporation for Assigned Names and Numbers (ICANN) and the U.S. Department of Commerce, the company can register exclusive domain names abiding these entities’ terms. The company’s relationships with these entities has been prospering full steam: ICANN approved the renewal of the agreement with VeriSign to serve as the authoritative registry operator for the .com registry, it got exclusive registry for the .tv and .cc country code top-level domains (ccTLDs), and has additionally started providing back-end systems for all .gov, .jobs and .edu domain names, as well as international ized domain name (IDN) services that enable web-users to access websites in their local language.
- [By James E. Brumley]
While it may be an overstatement to deem Intellicheck Mobilisa, Inc. (NYSEMKT:IDN) the most underappreciated and underestimated stock out there right now, there’s no way of denying IDN is a name that most traders are missing the boat on. Consider this an impartial remedy to that wrong – Intellicheck Mobilisa looks to be on the verge of a strong bullish move, fueled by all the right reasons.