You’re setting aside money in a retirement account, but you’re not sure if you’re saving enough. Or maybe you’re in retirement and are looking for ways to make your money last. Or perhaps you need help getting your finances in order so that you can start saving for retirement. If you need help with these or any other retirement or financial matters, take advantage of an opportunity Thursday, February 20, to ask a financial planner your most pressing questions for free.
SEE ALSO: Are You Saving Enough for Retirement?
The Jump-Start Your Retirement Plan event sponsored by Kiplinger and the National Association of Personal Financial Advisors offers people a chance to get free personalized financial advice. NAPFA members will be answering questions during online chats from 9 a.m. to 5 p.m. ET.
Hot Healthcare Technology Companies To Invest In 2015: Darden Restaurants Inc (DRI)
Darden Restaurants, Inc. (Darden), incorporated in March 1995, is a company owned and full-service restaurant company. As of May 27, 2012, the Company operated through subsidiaries 1,994 restaurants in the United States and Canada. In the United States, it operated 1,961 restaurants in all 50 states, including 677 Red Lobster, 786 Olive Garden, 386 LongHorn Steakhouse, 46 The Capital Grille, 30 Bahama Breeze, 23 Seasons 52, eight Eddie V’s Prime Seafood and three Wildfish Seafood Grille restaurants, and two test synergy restaurants, which house both a Red Lobster and Olive Garden restaurant in the same building. In Canada, the Company operated 33 restaurants, including 27 Red Lobster and six Olive Garden restaurants. Through subsidiaries, it owns and operates all of its restaurants in the United States and Canada, except for three restaurants located in Central Florida that is owned by joint ventures it manages. On November 14, 2011, it acquired eight Eddie V’s Prime Seafo od restaurants and three Wildfish Seafood Grille restaurants.
As of May 27, 2012, the Company had 28 restaurants outside the United States and Canada operated by independent third parties pursuant to area development and franchise agreements, including five LongHorn Steakhouse restaurants in Puerto Rico, 22 Red Lobster restaurants in Japan, and one Red Lobster restaurant in Dubai. During fiscal year ended May 27, 2012, it opened 89 net new restaurants in the United States and Canada.
Red Lobster is a full-service dining seafood specialty restaurant operator in the United States. It offers a menu featuring fresh fish, shrimp, crab, lobster, scallops and other seafood. The menu includes a variety of specialty seafood and non-seafood entrees, appetizers and desserts. Red Lobster maintains different lunch and dinner menus and different menus across its trade areas.
Olive Garden is a full s ervice dining Italian restaurant operator in the United Stat! es. Olive Garden’s menu includes a range of authentic Italian foods featuring fresh ingredients and a wine list that includes a selection of wines imported from Italy. The menu includes flatbreads and other appetizers, soups, salad and garlic bread sticks, baked pastas, sauted specialties with chicken, seafood and fresh vegetables, grilled meats, and a variety of desserts. Olive Garden also uses coffee imported from Italy for its espresso and cappuccino.
LongHorn Steakhouse restaurants are full-service establishments serving both lunch and dinner. With locations in 35 states, primarily in the Eastern half of the United States, LongHorn Steakhouse restaurants feature a range of menu items, including signature fresh steaks, as well as salmon, shrimp, chicken, ribs, pork chops, burgers and prime rib.
The Capital Grille
The Capital Grille has locations in metropolitan cities in the United States. The Capit al Grille offers seafood flown in daily and culinary specials created by its chefs. The restaurants feature a wine list offering over 350 selections, personalized service, and private dining rooms.
Bahama Breeze restaurants bring guests the feeling of a Caribbean escape, offering the food, drinks and atmosphere found in the islands. The menu features Caribbean-inspired seafood, chicken and steaks, as well as signature specialty drinks. During fiscal 2012, it opened four Bahama Breeze restaurant.
Seasons 52 is a grill and wine bar with seasonally inspired menus offering ingredients to meals that are lower in calories than comparable restaurant meals. It offers a wine list of more than 90 wines with approximately 60 available by the glass. As of May 27, 2012, there were 23 Seasons 52 restaurants in the United States.
Synergy restaurant houses both a Red Lo bster and Olive Garden restaurant in the same building, but ! with sepa! rate front doors, dining rooms and brand-specific menus. It opened a second synergy test location during fiscal 2012.
- [By Bryan Murphy]
If you’re reading this, then you already know the big news from Darden Restaurants, Inc. (NYSE:DRI) today. The chain is letting go of its Red Lobster unit, for a sum of $2.1 billion. The DRI investor base isn’t pleased, judging from the stock’s 4% drop in value. Many shareholders – and a couple of institutional investors – were hoping the company would either elect to turn things around and/or spin the company off into a publicly-traded company. The company elected to just wash its hands of it the easier way… by letting it move into the hands of a private equity firm.
- [By Erin McCarthy]
Among the companies with shares expected to actively trade in Friday’s session are J.C. Penney Co.(JCP), Darden Restaurants Inc.(DRI) and CFR Pharmaceuticals(CFR.SN).
Hot Healthcare Technology Companies To Invest In 2015: OncoSec Medical Inc (ONCS)
OncoSec Medical Incorporated, incorporated on February 8, 2008, is an emerging drug-medical device company. The Company focused on designing, developing and commercializing medical approaches for the treatment of solid cancers. In March 2011, the Company acquired from Inovio Pharmaceuticals, Inc. (Inovio) certain assets related to the use of drug-medical device combination products for the treatment of different cancers.
The Company’s acquired assets relate to certain non-deoxyribonucleic acid (DNA) vaccine technology and property relating to selective tumor ablation technologies, which it refers to as the OncoSec Medical System (OMS), a therapy which uses an electroporation device to facilitate delivery of chemotherapy agents, or nucleic acids encoding cytokines, into tumors and/or surrounding tissue for the treatment and diagnosis of various cancers. As of January 24, 2012, the Company had not generated any revenue from operations.
- [By James E. Brumley]
How does the old saying go? Beggars can’t be choosers? Two weeks ago, yours truly penned some bullish comments regarding OncoSec Medical Inc. (OTCMKTS:ONCS). The long and short of it was, if ONCS could clear a technical ceiling around $0.36, then life would get much easier for the bulls.
- [By James E. Brumley]
If you’re looking for the next big biotech breakout stock, then OncoSec Medical Inc. (OTCMKTS:ONCS) deserves a place on your watchlist. This volatile cancer play has been down more than up 2011, but if you look closely at a long-term chart of ONCS, you may find it’s already wiggled its way into a new uptrend. And, it may be only a matter of time before the bullish fireworks start to go off.
- [By John Udovich]
Small cap biotech stocks AVEO Pharmaceuticals, Inc (NASDAQ: AVEO), OncoSec Medical Inc (OTCMKTS: ONCS) and MetaStat Inc (OTCBB: MTST) are focused on or are developing treatments or diagnostic technologies for metastatic cancers. In case you aren’t familiar with the term metastasis or metastatic, it’s the spread of cancer from its primary site to other places in the body as cancer cells break away from a primary tumor, penetrate into lymphatic and blood vessels, circulate through the bloodstream and then grow in a new focus (metastasize) in normal tissues elsewhere in the body. In other words, it’s a dangerous form of cancer, but there are some small cap biotech stocks targeting it for diagnostics or treatment:
Hot Healthcare Technology Companies To Invest In 2015: C&C Group PLC (CCGGY)
C&C Group plc, incorporated on March 19, 2004, is engaged the production, marketing and selling of cider and beer. The Company operates in five segments: Republic of Ireland (ROI), Cider United Kingdom (Cider UK), Tennent’s United Kingdom (Tennent’s UK), International, and Third Party Brands United Kingdom (Third Party Brands UK). The Company’s cider brands include Bulmers, Magners, Gaymers Cider, Blackthorn Cider, Olde English, Addlestones, Woodchuck Hard Cider, Wyder’s Cider and Hornsby’s. Its other cider brands include Bulmers Berry, Bulmers Pear, Magners Pear, Magners Specials, Special Vat, K, Natch and Diamond White.
ROI includes the results from sale of all products in the Republic of Ireland (ROI), including Bulmers, Tennent’s, Caledonia Smooth and third party brands. Cider UK segment includes the results from sale of the Company’s cider products in the United Kingdom, with Magners, Gaymers and Blackthorn the principal brands. Tennent’s UK segment includes the results from sale of the Company’s owned beer brand Tennent’s in the United Kingdom and sales of Caledonia Best in the United Kingdom. International segment includes the results from sale of the Company’s cider and beer products, principally Magners, Blackthorn, Hornsby’s, Woodchuck and Tennent’s in all territories outside of the ROI and the United Kingdom. Third Party Brands UK segment relates to the distribution of third party brands and the production and distribution of private label products in the United Kingdom.
- [By Rich Duprey]
The growth in 2012 follows the success of hard cider sales the year before, which saw a 40% increase. Yet the industry leader remains C&C Group’s (NASDAQOTH: CCGGY ) Vermont Hard Cider, whose Woodchuck Hard Cider has a 41% share of the market, though analysts say Angry Orchard owns nearly half of the on-premises market at the end of the first quarter.
- [By Rich Duprey]
At C&C Group’s (NASDAQOTH: CCGGY ) annual meeting earlier this month, it was revealed that when it bought the Hornsby brand two years ago, it paid $25 million and got a 20% share of the market for its efforts. It paid more than 10 times that amount, or about $300 million, for Vermont Hard Cider and its top Woodchuck brand, and got another 42% share of the market. So C&C had almost two-thirds of the cider market all to itself.
Hot Healthcare Technology Companies To Invest In 2015: Tennant Company(TNC)
Tennant Company engages in the design, manufacture, and marketing cleaning solutions worldwide. The company offers floor maintenance and outdoor cleaning equipment; chemical-free cleaning technologies; and specialty surface coatings and related products for protecting, repairing, and upgrading floors. Its products are used to clean and coat surfaces in factories, office buildings, parking lots and streets, airports, hospitals, schools, warehouses, shopping centers, and other retail environments. The company also provides parts, consumables, and service maintenance and repair; business solutions, such as pay-for-use offerings, and rental and leasing programs; and cleaning technologies that enhance the performance of its cleaning equipment. In addition, it offers Green Machine 500ze, an electric vacuum street sweeper to clean crowded urban areas. The company serves building service contract cleaners, end-user businesses, healthcare facilities, and schools, as well as local, state, and federal governments through its direct sales and service organization, and authorized distributors. Tennant Company was founded in 1870 and is based in Minneapolis, Minnesota.
- [By Marc Bastow]
Floor maintenance and cleaning service company Tennant (TNC) raised its quarterly dividend 11% to 20 cents per share payable June 6 to shareholders of record May 30.
TNC Dividend Yield: 1.29%
- [By Seth Jayson]
Tennant (NYSE: TNC ) reported earnings on April 22. Here are the numbers you need to know.
The 10-second takeaway
For the quarter ended March 31 (Q1), Tennant missed estimates on revenues and missed estimates on earnings per share.
Hot Healthcare Technology Companies To Invest In 2015: Vocus Inc.(VOCS)
Vocus, Inc. provides cloud marketing software that enables businesses attract, engage, and retain customers in the United States, Europe, Asia, and Morocco. It offers a suite of software for social media marketing, search marketing, email marketing, and publicity. The company?s cloud marketing solutions include search marketing and news distribution solution that helps customers increase their online visibility and organic search engine rankings with press releases; and email marketing solution, which provides a method of keeping in touch with prospects and customers by using professional looking emails to send newsletters, special offers, and other useful content. Its cloud marketing solutions also comprise social media software solution that helps customers run social marketing campaigns, as well as monitor and analyze conversations across multiple social networks and other online Websites; and publicity solution, which offers media database, news monitoring, and analyt ics and publicity opportunities that help companies increase their media exposure, manage relationships with reporters, and monitor and analyze trends unfolding in the media. The company also provides professional services that consist of data migration, custom development, and training. Vocus, Inc. sells its products to the financial and insurance, technology, healthcare and pharmaceutical, and retail and consumer products industries, as well as government agencies, not-for-profit organizations, and educational institutions through its direct sales channels, indirect sales channels, and the Internet. Vocus, Inc. was founded in 1988 and is headquartered in Beltsville, Maryland.
- [By Seth Jayson]
Vocus (Nasdaq: VOCS ) reported earnings on April 23. Here are the numbers you need to know.
The 10-second takeaway
For the quarter ended March 31 (Q1), Vocus met expectations on revenues and missed estimates on earnings per share.
- [By Rich Smith]
In a separate statement, the company announced a small change in management, bringing in ex-Vocus (NASDAQ: VOCS ) Chief Operating Officer William R. Wagner to become its own COO. In an SEC filing, LogMeIn noted that it will pay Wagner $400,000 in annual base salary, plus:
- [By Alex Planes]
What: Shares of Vocus (NASDAQ: VOCS ) have plunged 15% today after the company’s forward guidance failed to impress the Street.
So what: Vocus reported its earnings last evening, and both the $46.6 million top line and the $0.01 earnings per share result were better than Wall Street’s consensus, which sought a $45.3 million revenue number and a $0.02 loss per share. However, third-quarter guidance of $46.5 million to $46.8 million on the top line is below the $47 million consensus, and a $0.03 to $0.04 EPS result is roughly in line with the $0.03 consensus. Additionally, the full fiscal year’s guidance of $188 million to $189 million is roughly in line with the $188.2 million consensus.
Hot Healthcare Technology Companies To Invest In 2015: Fresh Del Monte Produce Inc.(FDP)
Fresh Del Monte Produce Inc., through its subsidiaries, produces, transports, sources, markets, and distributes fresh and fresh-cut fruit and vegetables worldwide. It also offers prepared fruit and vegetables, juices, beverages, snacks, and poultry and meat products. The company provides various fresh-cut fruit products, such as bananas, pineapples, melons, tomatoes, grapes, apples, pears, peaches, plums, nectarines, cherries, citrus, avocados, blueberries, kiwi, strawberries, plantains, mangos, and fruit cocktail; and fresh-cut vegetable products primarily consisting of potatoes, onions, bell peppers, and cucumbers, as well as prepared salads, such as coleslaw and potato salad. In addition, Fresh Del Monte Produce engages in ocean freight; and manufacture of plastics and box products comprising bins, trays, bags, and boxes. It offers fresh produce under the DEL MONTE, UTC, and Rosy brands; and prepared fruits and vegetables, juices, beverages, and snacks under the DEL MON TE, Fruit Express, Just Juice, and Fruitini brands. The company markets and distributes its products to retail stores, food clubs, wholesalers, distributors, and foodservice operators. Fresh Del Monte Produce Inc. was founded in 1886 and is based in George Town, Cayman Islands.
- [By Lauren Pollock]
Fresh Del Monte Produce Inc.(FDP) said sales rose in the fourth quarter, driven by a surge in its banana business. The company, however, posted a wider net loss due to higher impairment charges and costs.
- [By Jake L’Ecuyer]
Top decliners in the sector included Fresh Del Monte Produce (NYSE: FDP), off 8.8%, and Coca-Cola Company (NYSE: KO), down 3.5%. Shares of Fresh Del Monte tumbled after the company reported weak quarterly earnings.
- [By Jake L’Ecuyer]
Top decliners in the sector included Fresh Del Monte Produce (NYSE: FDP), off 6.7%, and Coca-Cola Company (NYSE: KO), down 4%. Shares of Fresh Del Monte tumbled after the company reported weak quarterly earnings.
- [By Rich Duprey]
Slipped on a banana peel
Maybe they were just envious of rival Fresh Del Monte Produce (NYSE: FDP ) , which had served up a buyback plan the week before they did and wanted to show they had the financial wherewithal, too.
Hot Healthcare Technology Companies To Invest In 2015: WPX Energy Inc (WPX)
WPX Energy, Inc. (WPX Energy), incorporated on April 19, 2011, is an independent natural gas and oil exploration and production company engaged in the exploitation and development of long-life unconventional properties. The Company focuses on exploiting its natural gas reserve base and related NGLs in the Piceance Basin of the Rocky Mountain region, and on developing its positions in the Bakken Shale oil play in North Dakota and the Marcellus Shale natural gas play in Pennsylvania. Its other areas of domestic operations include the Powder River Basin in Wyoming and the San Juan Basin in the southwestern United States. In addition, it owns a 69% controlling ownership interest in Apco Oil and Gas International, Inc. (Apco), which holds oil and gas concessions in Argentina and Colombia. As of December 31, 2010, it had proved reserves of 4,473 Bcfe, 59% of which were proved developed reserves. Average daily production as of March 31, 2011 was 1,251 MMcfe/d.
Bakke n Shale
The Company acquired 89,420 net acres in the Williston Basin in North Dakota that is prospective for oil in the Bakken Shale. It acquired all of this acreage in December 2010 through the acquisition of Dakota-3 E&P Company LLC. As of December 31, 2010, it had three rigs operating on the Bakken Shale acreage. Since acquiring this acreage, the Company has drilled 10 operated wells on the Bakken Shale properties; nine Middle Bakken formation wells and one Three Forks formation well. Six of these wells have been completed and connected to sales with initial 30 day production rates ranging from 750 Boe/d to 1,100 Boe/d.
The Company’s 99,301 net acres in the Marcellus Shale were acquired through two key transactions and additional leasing activities. In July 2010, the Company acquired 42,000 net acres in Susquehanna County in northeastern Pennsylvania. As of December 31, 2010, the Company had five rigs operating in the Marcellus Shale.
- [By Jake L’Ecuyer]
WPX Energy (NYSE: WPX) was also on the rise, gaining 3.32 percent to $19.63 on seemingly little news.
ON Semiconductor (NASDAQ: ONNN) shares gained as well, rising 2.84 percent to $9.77 after the company announced it would acquire assets from Platinum Energy for $92 million in cash after the close yesterday.
- [By Robert Rapier]
Last November Tulsa-based oil and gas producer WPX Energy (NYSE: WPX) announced its intention to spin off production assets in Colorado. WPX Energy Partners will hold working interests in mature natural gas properties in the Piceance Basin of Colorado. The announcement indicated a desire to carry out the IPO during the first half of 2014, but the company has yet to file forms with the SEC.
Hot Healthcare Technology Companies To Invest In 2015: Salient MLP And Energy Infrastructure Fund (SMF)
Salient MLP and Energy Infrastructure Fund (the Fund), is an organized, non-diversified, closed-end management investment company. Its investment objective is to provide a high level of total return with an emphasis on making quarterly cash distributions (Distributions) to its shareholders. The Fund seeks to provide its shareholders with a tax-efficient vehicle to invest in a portfolio of energy infrastructure companies that own midstream and other energy assets. The Fund will invest at least 80% of its total assets in securities of companies in the Midstream/Energy Sector, consisting of Midstream MLPs, Midstream Companies, Other MLPs and Other Energy Companies. It will invest in equity securities, such as common units, preferred units, subordinated units, general partner interests, common shares, preferred shares and convertible securities in MLPs, Midstream Companies and Other Energy Companies. The Fund is managed by Salient Capital Advisors, LLC. Advisors’ Opinion:
- [By Eric Lam]
Semafo (SMF) jumped 4.8 percent to C$2.60 and Iamgold gained 2.1 percent to C$4.20 as 21 of 24 members of the S&P/TSX Gold Index increased. Gold rose from a five-month low as investors weighed the outlook for reduced U.S. stimulus as early as next week against speculation physical demand may increase at lower prices. Gold for February delivery advanced 0.6 percent in New York.
Hot Healthcare Technology Companies To Invest In 2015: Iron Mountain Incorporated(IRM)
Iron Mountain Incorporated, together with its subsidiaries, provides information management services primarily in North America, Europe, Latin America, and the Asia Pacific. The company offers records management services, including records management program development and implementation based on best-practices to help customers comply with specific regulatory requirements; implementation of policy-based programs that feature storage for various media comprising paper; flexible retrieval access and retention management; hybrid services to help organizations gain control over their paper records; and specialized services for vital records and regulated industries, such as healthcare, energy, government, and financial services. It also provides data protection and recovery services, such as disaster preparedness; off-site vaulting of data backup media for data recovery in the event of a disaster, human error, or virus; online backup and recovery solutions for desktop and la ptop computers, and remote servers; and technology escrow services to protect and manage source code and other proprietary information. In addition, the company offers information destruction services that primarily consist of physical secure shredding operations; and is involved in the shredding of sensitive documents to third-party recyclers. Further, it provides fulfillment services that assemble custom marketing packages and orders, as well as provide reporting on customer marketing literature inventories; and professional consulting services to develop and implement comprehensive records and information management programs. Iron Mountain Incorporated serves commercial, legal, banking, health care, accounting, insurance, entertainment, and government organizations. The company was founded in 1951 and is headquartered in Boston, Massachusetts.
- [By Ben Levisohn]
Think of Iron Mountain (IRM) as any heavy metal band after Nirvana broke in 1991. Suddenly, a way of playing music that had been wildly successful was looked at as an anachronism and bands like Metallica cut their hair, wore flannel and did just about anything they could think of to fit in in a changed world.
Getty Images/Lonely Planet Image
That’s Iron Mountain today. It has a business that was once fantastic–storing paper files for corporations. But in a digital world, that business is passé, even if it still brings in tons of money. Sure, Iron Mountain is doing everything it can to change its stripes–offering digital services, trying to morph into a REIT–but Iron Mountain is still what it is.
And that’s a struggling business.
On Friday, Iron Mountain released financial results and promptly fell 4.3%, as its earnings and revenue were in line with analyst forecasts but Iron Mountain’s North American storage growth turned negative, perhaps for the first time ever, notes Jefferies’ Dan Dolev and Trevor Young.
So what now? Dolev and Young don’t think emerging markets can fix what ails Iron Mountain:
It was encouraging to see international storage internal growth decelerate only slightly (-20bps to +6.3%) as it faced +70bps tougher compares…Is the strength sustainable? We are hopeful, but are not holding our breath given that 1) 4Q storage internal growth in developed international markets (e.g. Western Europe) was already below the FY average (+2.2% vs. +2.5% for the FY), and 2) although 4Q EM storage internal growth accelerated (+13.4% vs. +13.2% for the FY), history suggests that EMs can skip decades of technology evolution and upgrade directly to the newest technology (e.g. smartphones in China).
Dolev and Young also doubt Iron Mountain’s M&A strategy. They explain why:
With FY13 global storage internal growth 3x slower than during the Great Re
- [By Ben Levisohn]
Iron Mountain’s (IRM) story is now well known. Beset by a secular decline in its paper storage business, Iron Mountain has bet that a conversion into a real-estate investment trust can cure what ails it, by attracting investors interested in its potential yield. The IRS hasn’t seemed too willing to let Iron Mountain become a REIT, but the fact that it could is most likely all that stands in the way of the stock and a lower share price. And so Iron Mountain remains range bound, as investors wait to see what the IRS will do.
But maybe even the REIT conversion won’t be the savior Iron Mountain–and its investors–hope it will be. Jefferies’ Dan Dolev and team explain:
The outcome of the IRS’ ruling is difficult to predict, but our analysis shows a potentially more muted upside and a bigger downside than many believe. A favorable ruling could trigger a short squeeze, somewhat offset by Event Driven Hedge Funds liquidating. An influx of REIT investors is possible, but our analysis shows that many already own [Iron Mountain]. Alternatively, an adverse ruling could steer attention back to weakening fundamentals, potentially leading to the P/E’s of IRM (24x) and Recall (13x) converging.
Given an already tentative adverse ruling, the bar is high for [Iron Mountain] to convince the IRS that its racking structures are indeed real estate. The IRS would have to ignore its 1975 revenue ruling that it has relied on heavily for nearly 40 years. Even if [Iron Mountain] became a REIT, there is still no guarantee that REIT dedicated investors would buy the stock, especially given rising secular concerns.
Shares of Iron Mountain have dropped 2.1% to $25.86 at 3:47 p.m.
- [By Ben Levisohn]
Iron Mountain (IRM) has bet heavily that it’s conversion to a real-estate investment trust would arrest its declining share price. But Don’t count on a permanent benefit without major changes, according to a Jefferies report released today.
Jefferies’ Dan Dolev and Trevor Young explain:
For many years, the durability of IRM’s paper storage business (74% of GP) has made it synonymous with stability, but our proprietary survey highlighting a dramatic decline in paper storage intentions is concerning. Data centers are a step in the right direction, but to ensure long-term viability, IRM needs a comprehensive plan to diversify away from storing paper…
REIT status does not affect fundamentals, but a 2x dividend could bring short-term respite to the shares. Only the IRS knows if IRM would become a REIT; however, if it does, the stock would surely rise on the prospects of a $2+ dividend (~2x C-corp.).
Dolev and Young started Iron Mountain with a Hold rating and a $27 price target. Shares of Iron Mountain have dropped 1.7% to $29 today at 2:41 p.m.
- [By Jonathan Yates]
But it’s events like the Missouri accident that should focus industry and investor attention on Iron Mountain (NYSE: IRM).
Operating in the business software and services sector, along with other firms like Microsoft (NASDAQ: MSFT), CA Inc (NASDAQ: CA) and Citrix Systems (NASDAQ: CTXS), Iron Mountain is the premier company in pipeline record management. Iron Mountain plays a critical role in preventing pipeline disasters, maintaining the infrastructure and in overall risk control. The position that Iron Mountain has in the energy network will increase in scale and importance as the use of natural gas increases.
Hot Healthcare Technology Companies To Invest In 2015: Seabridge Gold Inc (SA)
Seabridge Gold Inc. (Seabridge) is a development-stage company. The Company is engaged in the acquisition and exploration of gold properties located in North America. As of December 31, 2011, the Company held six properties with gold resources and its material properties are its KSM Project and its Courageous Lake Project. The Company holds a 100% interest in each of its properties. Its projects include KSM (Kerr-Sulphurets-Mitchell), Courageous Lake, Pacific Intermountain Gold, Grassy Mountain, Red Mountain, Quartz Mountain, Castle Black Rock and Other Nevada projects. The KSM project consists of two contiguous claim blocks in the Iskut-Stikine region in British Columbia, approximately 20 kilometers southeast of the Eskay Creek Mine. The Courageous Lake project is a gold project covering approximately 81,700 acres located in the Northwest Territories, Canada. Advisors’ Opinion:
- [By Lisa Levin]
Gold: This industry rose 1.44% by 10:40 am ET. The top performer in this industry was Seabridge Gold (NYSE: SA), which gained 11.3%. Seabridge Gold shares have dropped 60.24% over the past 52 weeks, while the S&P 500 index has gained 26.39% in the same period.
- [By Selena Maranjian]
Seabridge Gold (NYSE: SA ) also lost 50%. Some of its operations in Canada have been yielding high-grade materials, and its KSM Gold project in British Columbia “contains one of the largest undeveloped gold and copper reserves in the world.” The company’s strategy explicitly includes trying to avoid share dilution. Like many of its peers, though, it’s still operating in the red, so tread carefully.