After hesitantly creeping along resistance for the entire week in anticipation of GDP data and FOMC commentary, the S&P 500 Index finally managed to peer above the coveted 1,700 mark on Thursday. Amid the ongoing bull run on Wall Street, Tennessee-based newcomer LocalShares is making its first splash in the exchange-traded universe with its launch of the Nashville Area ETF (NASH) on Thursday .
Think LocalOne of the key drivers of growth behind the ETF industry has been the sheer diversity of available offerings; investors both big and small can tap into virtually any asset class around the globe, and even more impressively, there’s usually several products to choose between in the same niche. LocalShares has taken the theme of “targeted” exposure to a whole other level with the launch of the Nashville Area ETF, which is officially the first city-focused fund on the market .
The premise behind the Nashville ETF may seem outlandish and “too niche,” b ut it’s really rooted in business fundamentals. Elizabeth Courtney, CEO of LocalShares, notes that the city’s leadership, transit infrastructure, and tax policy are just a few of the noteworthy value-add characteristics that businesses headquartered in Nashville take advantage of. In other words, the premise behind this ETF is that certain regions and communities are more pro-business than others, and Nashville is one of those “hot spots” so to speak .
Hot International Companies To Watch For 2015: NetSol Technologies Inc.(NTWK)
Netsol Technologies, Inc. designs, develops, and markets software products for the automobile finance and leasing, banking, healthcare, and financial services industries worldwide. It offers NetSol Financial Suite, which is an end-to-end solution that covers the leasing and finance cycle. The NetSol Financial Suite consist of software applications comprising Point of Sale, a front office processing system for the finance sector; Credit Application Processing System to handle the incoming credit applications from dealers, agents, brokers, and the direct sales force; Contract Management System to manage and maintain a contract; Wholesale Finance System to automate and manage the floor plan/bailment activities of dealerships; and Fleet Management System to handle fleet management needs. The NetSol Financial Suite also includes LeasePak that develops Web-enabled and Web-based tools for the leasing technology industry. In addition, the company offers LeaseSoft Portals and Modul es; enterprise wide information systems, such as LRMIS, MTMIS, and Hospital Management Systems; accounting outsourcing services; and career and technology programs. Further, it provides portfolio management systems for the financial services industry; and consulting, custom development, systems integration, and technical services for the healthcare, insurance, real estate, and technology markets. Additionally, the company offers business intelligence, independent system review, information security, and software process improvement consulting services; maintenance and support, and project management services; and solutions for the defense and military forces. It serves Fortune 500 manufacturers, automakers, financial institutions, utilities, technology providers, and government agencies. The company was formerly known as NetSol International, Inc. and changed its name to NetSol Technologies, Inc. in March 2002. NetSol Technologies, Inc. was founded in 1997 and is based in C a labasas, California.
- [By Roberto Pedone]
Another under-$10 stock that’s quickly pushing within range of triggering a near-term breakout trade is Netsol Technologies (NTWK), which designs, develops, markets and exports proprietary software products to customers in the automobile finance and leasing, banking, health care and financial services industries internationally. This stock is off to a strong start in 2013, with shares up by 28%.
If you take a look at the chart for Netsol Technologies, you’ll notice that this stock has been downtrending badly for the last two months, with shares sliding sharply lower from its high of $12.10 to its recent low of $7.03 a share. During that downtrend, shares of NTWK have been consistently making lower highs and lower lows, which is bearish technical price action. That said, shares of NTWK have started to stabilize and reverse its downtrend, since the stock has started to make higher lows and higher highs over the last few weeks. This move is quickly pushing shares of NTWK within range of triggering a near-term breakout trade.
Market players should now look for long-biased trades in NTWK if it manages to break out above some near-term overhead resistance at $7.74 a share with high volume. Look for a sustained move or close above that level with volume that hits near or above its three-month average action of 225,909 shares. If that breakout hits soon, then NTWK will set up to re-test or possibly take out its next major overhead resistance levels at $8.71 to its 50-day moving average at $9.16 a share. Any high-volume move above those levels will then give NTWK a chance to tag its 200-day at $10.20 to more resistance at $10.45 a share.
Traders can look to buy NTWK off weakness to anticipate that breakout and simply use a stop that sits right below some key near-term support levels at $7.20 or $7.03 a share. One can also buy NTWK off strength once it clears $7.74 a share with volume and then simply use a stop that sits a comfortable percentage fr
- [By CRWE]
NetSol Technologies (Nasdaq:NTWK), a provider of global IT and enterprise application solutions, reported that Mercedes-Benz Leasing Company Ltd. (China), went live with the NetSol Financial Suite (NFS(tm)).
Hot International Companies To Watch For 2015: Campbell Soup Co (CPB)
Campbell Soup Company (Campbell), incorporated on November 23, 1922, together with its subsidiaries, is a manufacturer and marketer of branded convenience food products. The Company operates in five segments: U.S. Simple Meals; Global Baking and Snacking; International Simple Meals and Beverages; U.S. Beverages; and North America Foodservice. In June 2012, the Company purchased 1300 Admiral Wilson Boulevard in Camden. On August 6, 2012, the Company completed the acquisition of BF Bolthouse Holdco LLC (Bolthouse Farms). In September 2012, Vilmorin & Cie SA acquired the tomato and pepper breeding and sales business of the Company. In June 2013, Campbell Soup Co completed the acquisition of Plum Organics. In August 2013, Campbell Soup Company completed the acquisition of Kelsen Group A/S.
In the United States, Canada and Latin America, the Company’s products are resold to consumers in retail food chains, mass discounters, mass merchandisers, club stores, conven ience stores, drug stores, dollar stores and other retail, commercial and non-commercial establishments. In Europe, the Company’s products are resold to consumers in retail food chains, mass discounters, mass merchandisers, club stores, convenience stores and other retail, commercial and non-commercial establishments. In the Asia Pacific region, the Company’s products are resold to consumers through retail food chains, convenience stores and other retail, commercial and non-commercial establishments.
U.S. Simple Meals
The U.S. Simple Meals segment aggregates the operating segments: U.S. Soup and U.S. Sauces. The U.S. Soup retail business includes the products, such as Campbell’s condensed and ready-to-serve soups, and Swanson broth and stocks. The U.S. Sauces retail business includes Pregopasta sauces, Pace Mexican sauces, Campbell’s canned gravies, pasta, and beans, and Swanson canned poultry.
Global Baking and Snacking
The Global Baking and Snacking segment include Pepperi! dge Farm cookies, crackers, bakery and frozen products in the United States retail. It also includes Arnott’s biscuits in Australia and Asia Pacific.
International Simple Meals and Beverages
The International Simple Meals and Beverages segment aggregates the simple meals and beverages operating segments outside of the United States, including Europe, the retail business in Canada, and the businesses in Asia Pacific, Latin America and China. The segment’s operations include Erasco and Heisse Tasse soups in Germany,Liebig and Royco soups in France, Devos Lemmens mayonnaise and cold sauces and Campbell’s and Royco soups in Belgium, and Bla Band soups and sauces in Sweden. In Canada, operations include Habitant and Campbell’s soups, Prego pasta sauces, Pace Mexican sauces, V8 juices and beverages and certain Pepperidge Farm products. In Asia Pacific, operations include Campbell’s soup and stock, Kimball sauces, V8 juices and beverages, Prego p asta sauce and Swanson broths.
The U.S. Beverages segment represents the United States retail beverages business, including V8 juices and beverages, and Campbell’s tomato juice.
North America Foodservice
The North America Foodservice segment represents the distribution of products, such as soup, specialty entrees, beverage products, other prepared foods and Pepperidge Farm products through food service channels in the United States and Canada.
- [By ovenerio]
In a previous article, titled “A Top Growing Soup Company”, we saw that Campbell Soup Company (CPB) has a current ROE of 56.86% which is higher than the one exhibit by the industry median. Although its peers, such as: Pilgrims Pride (PPC), Tyson Foods (TSN) and McCormick (MCK) have good levels, Campbell surpasses those levels. So, in this article we are going to analyze it according to a DuPont Analysis.
- [By Dividends4Life]
Fair Value: In calculating fair value, I consider the NPV MMA Differential Fair Value along with these four calculations of fair value, see page 2 of the linked PDF for a detailed description: 1. Avg. High Yield Price 2. 20-Year DCF Price 3. Avg. P/E Price 4. Graham Number K is trading at a discount to only 3.) above. Since K’s tangible book value is not meaningful, a Graham number can not be calculated. The stock is trading at a 130.9% premium to its calculated fair value of $28.13. K did not earn any Stars in this section.Dividend Analytical Data: In this section there are three possible Stars and three key metrics, see page 2 of the linked PDF for a detailed description: 1. Free Cash Flow Payout 2. Debt To Total Capital 3. Key Metrics 4. Dividend Growth Rate 5. Years of Div. Growth 6. Rolling 4-yr Div. > 15% K earned no Stars in this section. The company has paid a cash dividend to shareholders every year since 1923 and has increased its dividend payments for 10 consecutive years.Dividend Income vs. MMA: Why would you assume the equity risk and invest in a dividend stock if you could earn a better return in a much less risky money market account (MMA) or Treasury bond? This section compares the earning ability of this stock with a high yield MMA. Two items are considered in this section, see page 2 of the linked PDF for a detailed description: 1. NPV MMA Diff. 2. Years to > MMA The NPV MMA Diff. of the $37 is below the $2,500 target I look for in a stock that has increased dividends as long as K has. If K grows its dividend at 2.2% per year, it will take 8 years to equal a MMA yielding an estimated 20-year average rate of 3.31%.Memberships and Peers: K is a member of the S&P 500. The company’s peer group includes: Campbell Soup Company (CPB) with a 2.7% yield, General Mills, Inc. (GIS) with a 3.0% yield, and The Hershey Company (HSY) with a 1.9% yield.Conclusion: K did not earn any Stars in the Fair Value section, did not earn any Stars in the Divi
Hot International Companies To Watch For 2015: Global Indemnity plc (GBLI)
Global Indemnity plc, through its subsidiaries, operates as a specialty property and casualty insurer. The company provides property and casualty insurance products in the excess and surplus lines marketplace to customers in the United States, the District of Columbia, Puerto Rico, and the U.S. Virgin Islands. It offers property and general liability products for small commercial businesses through a network of wholesale general agents; property, general liability, and professional lines products through program administrators; and property, casualty, and professional lines products through wholesale brokers. The company also provides reinsurance solutions to excess and surplus lines carriers, specialty property and casualty insurance companies, and regional insurance writers. It offers reinsurance solutions worldwide through brokers; primary writers, including regional insurance companies; and program managers. Global Indemnity plc is based in Dublin, Ireland.
- [By Damian Illia]
As we can see, the firm ratio is higher than the ones shown by Alleghany, Fidelity, Federated National Holding Co. (FNHC) and Global Indemnity Plc (GBLI).
Hot International Companies To Watch For 2015: Charm Communications Inc.(CHRM)
Charm Communications Inc. operates as an advertising agency in China. The company offers a range of advertising agency services from planning and managing the advertising campaigns to creating and placing the advertisements. It places advertisements for its clients on a range of television channels, including CCTV, and satellite and regional television channels, and on other media platforms, including Internet and out-of-home media. The company also engages in media investment management through identifying, securing, and selling of advertising resources. In addition, it provides branding and identity services, including design, development, and production of advertisements; and marketing consulting services. The company is headquartered in Beijing, the People?s Republic of China.
- [By Monica Gerson]
Time Warner Cable (NYSE: TWC) reported a drop in its third-quarter profit. Time Warner Cable’s quarterly profit fell to $532 million, or $1.84 per share, from $808 million, or $2.60 per share, in the year-ago period. To read the full news, click here. Synergy Pharmaceuticals (NASDAQ: SGYP) today announced the start of a phase 2 clinical trial to evaluate the safety and efficacy of SP-333, its second-generation GC-C agonist and once-daily oral treatment, in adult patients with opioid-induced constipation (OIC). To read the full news, click here. Cigna (NYSE: CI) reported a 19% rise in its third-quarter earnings and lifted its full-year earnings outlook. To read the full news, click here. Charm Communications (NASDAQ: CHRM) announced today that the special committee of the Company’s board of directors, consisting of independent directors Mr. Zhan Wang, Mr. Andrew J. Rickards and Mr. Gang Chen, has retained China Renaissance Securities (Hong Kong) Limited as its financial advisor and Gunderson Dettmer Stough Villeneuve Franklin & Hachigian, LLP as its legal advisor. To read the full news, click here.
Posted-In: Bank of America US Stock FuturesNews Eurozone Futures Global Pre-Market Outlook Markets
Hot International Companies To Watch For 2015: Akamai Technologies Inc.(AKAM)
Akamai Technologies, Inc. provides content delivery and cloud infrastructure services for accelerating and improving applications over the Internet in the United States and internationally. The company offers application and cloud performance solutions to enhance the operation of the applications used by enterprises to connect with their employees, suppliers, and customers. Its solutions include Web Application Accelerator, which enables enterprises to run various applications; and IP Application Accelerator that is designed to optimize the performance, availability, and real-time sensitivity associated with IP-enabled applications delivered over Internet-related protocols. The company also provides video and software solutions that are designed to enable enterprises to execute their large file management and distribution strategies, which include media delivery solution to entertainment industry; and electronic software delivery solution that handles the distribution of s oftware for its customers. In addition, it offers Website optimization services for accelerating business-to-consumer Websites that integrate collaborative content and applications into their online architecture; security and protection solutions that address the Internet security requirements; and network operator solutions, which provide custom solutions to commercial and government customers. Further, the company provides mobile content adaptation solution; and advertising decision solutions that enable advertisers, agencies, publishers, and networks to buy and sell advertising, as well as network data feeds, Website analytics, and business performance management services. It markets and sells its services and solutions through direct sales and services organization; and through active channel partners. Akamai Technologies, Inc. was founded in 1998 and is headquartered in Cambridge, Massachusetts.
- [By Brendan Conway]
But that’s not “news.” In the news were so-so earnings reports which didn’t have a ton of read-though for the rest of the economy. Exxon Mobil (XOM) shed 4.2% as output declined. Whole Foods Market (WFM) lost 2.3% after another warning on sales this year (the struggles of the retail sector, particularly high-end grocers, are nothing new). Akamai Technologies (AKAM) slid 2.8% after undershooting Wall Street’s expectations.
- [By MONEYMORNING.COM]
But it’s still a big winner because SanDisk spends its money wisely. It managed to match Apple’s operating margins of 28% even as its research budget measured much higher on a percentage basis.
Tech R&D Winner No. 3: Akamai Technologies (Nasdaq: AKAM)
In late June of last year, I told you that I expected technology to have a great performance for the second half of 2013.
- [By sandyinvestment]
After Akamai Technologies (AKAM) released solid results, it was the turn of individual cloud services supplier Limelight Networks (LLNW) to join the spotlight. Be that as it may, Limelight’s results were no place close to Akamai’s as the substance conveyance service supplier’s revenue fell year over year.
Hot International Companies To Watch For 2015: iShares 3-7 Year Treasury Bond ETF (IEI)
iShares Lehman 3-7 Year Treasury Bond Fund (the Fund) seeks investment results that correspond generally to the price and yield performance of the intermediate-term sector of the United States Treasury market as defined by the Lehman Brothers 3-7 Year U.S. Treasury Index (the Index). The Index includes all publicly issued the United States Treasury securities that have a remaining maturity of greater than or equal to three years and less than seven years, and have $250 million or more of outstanding face value. In addition, the securities must be denominated in United States dollars, and must be fixed-rate and non-convertible securities. Excluded from the Index are certain special issues, such as flower bonds, targeted investor notes, and state and local government series bonds, and coupon issues that have been stripped from assets that are already included in the Index.
The Index is a market capitalization-weighted index. The Fund invests in a representative sample of the securities in the Index, which has a similar investment profile as the Index. The Fund’s investment advisor is Barclays Global Fund Advisor.
- [By Donald van Deventer]
Shorter-duration Treasury Exchange-Traded Funds: (SHY), (SHV), (IEI), (BIL), (TUZ), (FIVZ), (DTUL), (VGSH), (DTUS), (DFVS), (DFVL), (SST), (ISTB), (TBZ).
Hot International Companies To Watch For 2015: Spherix Inc (SPEX)
Spherix Incorporated (Spherix), incorporated on May 1, 1992, is a scientific research company. The Company is engaged in developing biopharmaceutical products and providing technical and regulatory consulting services to food, consumer products and pharmaceutical companies. The Company operates in two segments: Biospherics Incorporated (Biospherics), the Company’s biotechnology research and development business, and Health Sciences, a technical and regulatory consulting business. The Company has created two wholly owned subsidiaries, Biospherics Incorporated and Spherix Consulting, Inc. (Spherix Consulting), for its two operating segments. The Company’s Health Sciences contracts are in the name of Spherix Consulting, and the Company’s patents are in the name of Biospherics Incorporated. Spherix provides management, strategic guidance, business development, marketing and other services to its subsidiaries. In September 2013, Spherix Incorporated closed on the acquisition of North South Holdings Inc.
The Company focuses its studies on treating high triglycerides and other dyslipidemias with a combination of D-tagatose and SPX-106, a licensed drug compound, which combination is referred to as SPX-106T. Spherix Consulting provides scientific and strategic support for suppliers, manufacturers, distributors and retailers of conventional foods, biotechnology-derived foods, medical foods, infant formulas, food ingredients, dietary supplements, food contact substances, pharmaceuticals, medical devices, consumer products, and industrial chemicals and pesticides. Biospherics has also completed a global Phase III clinical trial investigating the use of D-Tagatose, a stereoisomer of fructose, as a treatment for glycemic control in patients with Type 2 diabetes.
The Company’s Health Sciences business provides technical and regulatory consulting services to biotechnology and ph armaceutical companies, as well as providing technical suppo! rt for its research and development activities. During the year ended December 31, 2011, Health Sciences provided services to 20 companies. The projects range from safety analyses of food ingredients to safety analyses of pharmaceutical manufacturing and dispensing equipment. Health Sciences is also monitoring and directing the clinical trials for Biospherics.
- [By Sue Chang and Ben Eisen]
SPEX: Spherix Inc. (SPEX) shares rose 5% after the intellectual property development company said it had completed a $20 million equity financing that involved selling 10 million shares of convertible preferred stock.
- [By John Kell and Lauren Pollock var popups = dojo.query(“.socialByline .popC”); ]
Spherix Inc.(SPEX) on Thursday said that it is suing Cisco Inc.(CSCO) (CSCO), a leging that $43 billion in Cisco sales infringed on Spherix patents. Spherix–which described itself as an “intellectual property development company committed to the fostering and monetization of intellectual property”—said Cisco infringes on 11 patents it acquired in December. Spherix shares rose 4.9% to $4.70 premarket.
- [By Paul Ausick]
Cisco Systems Inc. (NASDAQ: CSCO) bounced lower today, down 1.19% to $22.06 in a 52-week range of $19.98 to $26.49. Share volume was about equal to the daily average of around 42.7 million shares traded. The networking giant was hit with a lawsuit charging that Cisco violates 11 patents owned by Spherix Inc. (NASDAQ: SPEX) and that virtually all of Cisco’s revenues from switches and routers since 2008 were generated from the patent infringements.
Hot International Companies To Watch For 2015: Bayer AG (BAYN)
Bayer AG is a German management holding company with core competencies in the field of health care, nutrition and high-tech materials. It’s business operations are organized into three subgroups: HealthCare, involved in the research, development and manufacture of health products for people and animals, CropScience, engaged in the crop protection and non-agricultural pest control, and MaterialScience, that provides polymers, and develops solution for a range of applications, supported by the service companies Bayer Business Services, Bayer Technology Services and Currenta. It operates through numerous subsidiaries, affiliated companies as well as joint ventures located in Europe, Latin America, Africa, Middle East, North America as well as the Asia/Pacific region, such as Bayer Chemicals AG in Germany, Cotton Growers Services Pty. Limited in Australia and Bayer Israel Ltd in Israel, among others. In July 2013, it acquired Steigerwald Arzneimittelwerk GmbH. Advisors’ Opinion:
- [By Jonathan Morgan]
German stocks declined the most in more than two months as a report showed that Germany’s auto market plummeted last month, while Bayer AG (BAYN) and BASF SE (BAS) fell.
- [By Jonathan Morgan]
Bayer AG (BAYN) and BASF SE gained, following their European peers higher. Commerzbank AG (CBK), the country’s second-biggest lender, slid 3.7 percent. Deutsche Bank AG (DBK) dropped the most in more than a month after JPMorgan Chase & Co. downgraded the shares.