SYDNEY– The longest ongoing streak without recession in the developed world just leapt over a big hurdle.
Australia’s resource-rich economy grew 1.1% in the three months through December, beating the 0.8% forecast by economists, as company profits, government and consumer spending all rose. Gross domestic product, the broadest measure of economic output, rose 2.4% from a year earlier.
A surprise 0.5% contraction in the previous quarter sparked talk of a possible downturn here, as the commodity boom that underpinned Australia’s long expansion–25 years and counting–lost steam.
Commodity prices have rebounded recently, though, which has revitalized exports and swelled government tax coffers. Iron ore, the steelmaking ingredient that is Australia’s biggest export, roared into 2017, with prices recently rising to a 2 1/2 year high on optimism about Chinese demand. China is Australia’s biggest trading partner.
Best Medical Stocks For 2021: M.D.C. Holdings, Inc.(MDC)
M.D.C. Holdings, Inc., through its subsidiaries, engages in homebuilding and financial services businesses in the United States. Its homebuilding operations include purchasing finished lots or developing lots for the construction and sale primarily of single-family detached homes to first-time and first-time move-up homebuyers under the Richmond American Homes name. The company conducts its homebuilding operations in Arizona, California, Nevada, Washington, Colorado, Utah, Virginia, Florida, Maryland, Pennsylvania, and New Jersey. Its financial services operations consist of originating mortgage loans primarily for homebuyers; providing insurance coverage primarily to its homebuilding subsidiaries, subcontractors for homes sold by its homebuilding subsidiaries, and for work performed in completed subdivisions; acting as a re-insurer on the claims; selling third-party personal property and casualty insurance products to homebuyers; and offering title agency services to homebuilding subsidiaries and customers. The company was founded in 1972 and is based in Denver, Colorado.
- [By Shane Hupp]
Madcoin (CURRENCY:MDC) traded flat against the U.S. dollar during the twenty-four hour period ending at 23:00 PM Eastern on February 12th. One Madcoin coin can now be purchased for $0.0313 or 0.00000407 BTC on popular exchanges. Madcoin has a market capitalization of $0.00 and $0.00 worth of Madcoin was traded on exchanges in the last day. During the last seven days, Madcoin has traded flat against the U.S. dollar.
- [By Ethan Ryder]
Mediclinic International (LON:MDC) had its price target reduced by Barclays from GBX 700 ($9.12) to GBX 660 ($8.60) in a research report sent to investors on Friday. They currently have an overweight rating on the stock.
Best Medical Stocks For 2021: Celadon Group, Inc.(CGI)
Celadon Group, Inc. (Celadon), incorporated on July 24, 1986, is a truckload freight transportation provider. The Company’s segments are asset-based, asset-light, and equipment leasing and services. Its services involve point-to-point shipping for its customers within the United States, between the United States and Mexico, and between the United States and Canada. The Company’s primary asset-based services include the United States domestic dry van, refrigerated and flatbed service; cross-border service between the United States and each of Mexico and Canada; intra-Mexico and intra-Canada service; contract service; regional and specialized short haul service, and rail intermodal service.
The Company’s primary asset-light services include freight brokerage, warehousing, less-than truckload consolidation and supply chain logistics services. Through its Quality Companies subsidiaries, the Company provides tractor leasing and ancillary services to owner-operators who contract with it or with other trucking companies. Celadon’s equipment leasing and services segment consists primarily of leasing activities with independent contractors and other trucking fleets. The equipment leasing and services segment also focuses on insurance, maintenance and other ancillary services that it provides for, or makes available to, independent contractors.
The Company provides warehousing and dedicated trucking services through Celadon Dedicated Services. It also transports the manufacturing component parts to its warehouses and sequences those parts for its customers. It transports completed units from its customer’s plants. It also offers less-than-truckload, intermodal and refrigerated services to its customers. As of June 30, 2016, the Company operated 5,547 tractors and 15,369 trailers. The Company’s primary transportation subsidiaries include Celadon Trucking Services, Inc.; Celadon Logistics Services, Inc.; Servicio de Transportation Jaguar, S.A. de C.V., and Celadon Canada, Inc.
- [By Stephan Byrd]
Russell Investments Group Ltd. boosted its position in shares of Celadon Group, Inc. (NYSE:CGI) by 26.7% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 1,347,089 shares of the transportation company’s stock after purchasing an additional 283,476 shares during the quarter. Russell Investments Group Ltd. owned about 4.76% of Celadon Group worth $4,983,000 as of its most recent filing with the Securities and Exchange Commission.
- [By Ethan Ryder]
Scopus Asset Management L.P. reduced its holdings in shares of Celadon Group, Inc. (NYSE:CGI) by 57.5% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 900,000 shares of the transportation company’s stock after selling 1,218,285 shares during the quarter. Scopus Asset Management L.P. owned approximately 3.18% of Celadon Group worth $3,330,000 as of its most recent filing with the SEC.
Best Medical Stocks For 2021: Sify Technologies Limited(SIFY)
Sify Technologies Limited (Sify), incorporated on December 12, 1995, is an integrated information and communications technology (ICT) solutions and services company. The Company offers end-to-end solutions with a range of products delivered over a common telecom data network infrastructure reaching approximately 1,300 cities and towns in India at March 31, 2016. Its segments are Telecom services, which includes domestic data, international data wholesale voice and network managed services; Data Centre services, which includes co-location services; Cloud and managed services, which includes information technology (IT) infra services, IT transformation services, remote and onsite infrastructure managed services and delivery platforms; Technology integration services, which includes data center build, network integration, information security, end-user computing, and collaborative tools and solutions, and Applications integration services, which includes application development and maintenance, application testing, mobility solutions, e-learning, portals, tools, process and automation.
As of March 31, 2016, the Company’s telecom network connected 36 data centers across India and customer data centers. The Company’s revenue is also derived from enterprise services, comprising telecom services, data center services, cloud and managed services, applications integration services and technology integration services. Sify also provides services that cater to the burgeoning demands of the small and medium business (SMB) community, much of it on its cloud services platform. Sify Technologies (Singapore) Pte. Ltd and Sify Technologies North America Corporation are its subsidiaries.
The Company is a network provider offering wireless endpoints and wired terminations. The focus of the Telecom Services segment is on India Data Business, Global Network Business and Wholesale Voice.
Data Centre services
As of March 31, 2016, the Company ! had six Tier III Data Centres across various geographical locations in India. The Data Centre services business offers services, such as co-location, regular backup, server load balancing and remote backup; managed services, such as messaging, shared hosting, network and security, and storage and virtualization and managed voice services to all resident enterprises.
Cloud and Managed services
The Cloud services business provides on-demand, multi-tenant and storage solutions, public, private and hybrid cloud platforms and infrastructure as a service (IaaS), platform as a service (PaaS) and disaster recovery (DR) as services. The Company offers cloud delivery solutions on a home grown tool with an objective of reducing the total cost of ownership (TCO) offering value to customers, on an automated platform called Cloudinfinit.
Technology Integration services
Technology Integration Services (TIS) combines Sify’s IT capabilities with the Company’s core telecom and Data Centre products to provide a converged turnkey ICT solution to the customer. TIS leverages Sify’s home-grown know-how in design, implementation and maintenance to deliver end-to-end managed IT services across datacenters, network and security. Its focuses on service desks and command centers; voice and video conferencing; hosted contact centers; unified communication and unified access; virtualization; data center build; campus/local area network (LAN)/data center networking; wide area network (WAN) architectures, and enterprise and end point security.
Applications Integration services
The Company has designed and developed a suite of applications, such as supply chain management application, forum and the online assessment tool, iTest. The Company has invested early on, in the sunrise business e-learning recognizing the demand of enterprises to take forward a uniform training platform to all branches and subsidiaries. Its sunrise business caters to various verticals! with off! erings, such as talent management, and automated platform that enables multi city, multiple point recruitments and test platform, sales and distribution platform, e-learning platform primarily for enterprises outside of India for local and Internet-based training, and Web solutions, such as portals, among others.
The Company competes with Bharti Airtel, Tata Communications Limited, Reliance Infocomm, Tata Teleservices, Bharat Sanchar Nigam Limited, Mahanagar Telephone Nigam Limited, Reliance Jio, Reliance, Ctrl S, Net Magic, Ramco, Infosys, HP, Wipro, TCS, Oracle, IBM, SAP, SumTotal and SABA.
- [By Money Morning Reports]
Like Sify Technologies Ltd. (Nasdaq: SIFY)… a 143% winner… Fanhua Inc. (Nasdaq: FANH)… a 245.56% winner… and Boot Barn Holdings Inc. (NYSE: BOOT)… netting an astounding gain of 260%.
- [By Lisa Levin]
Friday afternoon, the telecommunication services shares rose 2.1 percent. Meanwhile, top gainers in the sector included Intelsat S.A. (NYSE: I), up 11 percent, and Sify Technologies Limited (NASDAQ: SIFY) up 4 percent.
Best Medical Stocks For 2021: Sina Corporation(SINA)
SINA Corporation provides online media and mobile value-added services (MVAS) in the People?s Republic of China. It provides advertising, non-advertising, and free services through SINA.com, Weibo.com, and SINA Mobile. SINA.com offers free interest-based channels that provide region-focused format and content, including news, sports, automobile-related news, finance, entertainment, luxury, technology, digital, tools, collectibles, video, music, and wireless application protocol, as well as interactive platform for fashion-conscious users to share comments and ideas on a range of topics, such as health, cosmetics, and beauty. The company’s microblogging platform, Weibo.com, enables its users to follow the hottest topics being discussed online, as well as discussions related to people they know. Weibo accounts consist of celebrities, commercial enterprises, government entities, and grass root Internet users. Its SINA Mobile service allows users to receive news and informatio n, download ring tones, mobile games and pictures, and participate in dating and friendship communities. The company also offers SINA Game, which serves as an interactive platform that provides users with downloads and gateway access to popular online games; SINA eReading, a shop for book reviews; SINA.net, an enterprise solutions platform to assist businesses and government bodies; and SINA Mall, an online shopping Website. In addition, it provides a platform for Chinese bloggers; photo-sharing platform; free email, VIP mail, and corporate email for enterprise users; audio and video-based instant messaging tools; proprietary search technology; and classified advertising services, as well as hosts topic-specific discussion forums in Chinese language; and creates user-maintained and supported online communities. The company has strategic cooperation agreement with China Unicom (Hong Kong) Limited. SINA Corporation was founded in 1997 and is headquartered in Shanghai, the Peop le?s Republic of China.
- [By Leo Sun]
Shares of SINA (NASDAQ:SINA) recently stumbled after the Chinese tech company posted soft fourth-quarter numbers. Its non-GAAP revenue rose 14% annually to $570.4 million but missed expectations by $3 million. On a GAAP basis, its revenue also rose 14% to $573 million.
- [By Motley Fool Transcribing]
Sina (NASDAQ:SINA) Q4 2018 Earnings Conference CallMarch 5, 2019 7:10 a.m. ET
Prepared Remarks Questions and Answers Call Participants
- [By Steve Symington]
SINA(NASDAQ:SINA)announced solid fourth-quarter 2018 results on Tuesday morning, once again highlighting the benefits of the Chinese internet technology company’s burgeoning Weibo microblogging platform.
- [By Garrett Baldwin]
Click here now.
Stocks to Watch Today: TGT, CRM, FB
This morning, shares of Target Corp.(NYSE: TGT) popped nearly 6% after a strong Q4 earnings report. The company reported earnings per share of $1.53 on total revenue of $22.98 billion. Wall Street expected $1.52 per share on sales of $22.91 billion. The firm reported very strong online sales (up 25%) and a 5.3% jump in same-store sales. Analysts had expected a 4.5% increase in same-store sales. The report is the latest sign that Target has emerged as a formidable competitor to Amazon.com Inc. (NASDAQ: AMZN) and Walmart Inc.(NYSE: WMT). Facebook Inc. (NASDAQ: FB) is under fire again due to security concerns around its sign-in features. The company has not allowed users to opt out of the key feature that lets users look up others by phone number and e-mail address. Many people have added their phone numbers in the past thinking it would only be used for two-factor authentication and security. Critics argue this is the latest episode of Facebook compromising user information. Shares of Salesforce.com Inc.(NYSE: CRM) are in focus as the cloud computing giant plans to report earnings after the bell Tuesday. CRM stock is already up 20% so far this year. And many analysts expect the firm to report earnings per share of $0.55 on top of $3.56 billion in revenue. Yesterday, Salesforce co-CEO Marc Benioff predicted that $30 billion in annual revenue for the cloud computing giant is “right around the corner.” Look for earnings reports from AeroVironment Inc. (NASDAQ: AVAV), Ambarella Inc. (NASDAQ: AMBA), Ciena Corp. (NASDAQ: CIEN), Kohl’s Corp.(NYSE: KSS), Ross Stores Inc. (NASDAQ: ROST), Sina Corp. (NASDAQ: SINA), Urban Outfitters Inc. (NASDAQ: URBN), Vivint Solar Inc. (NASDAQ: VSLR), and Weibo Corp.(NYSE: WB).
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Best Medical Stocks For 2021: Zosano Pharma Corporation(ZSAN)
We are a clinical stage specialty pharmaceutical company that has developed a proprietary transdermal microneedle patch system to deliver our proprietary formulations of existing drugs through the skin for the treatment of a variety of indications. Our microneedle patch system offers rapid onset, consistent drug delivery, improved ease of use and room-temperature stability, benefits that we believe often are unavailable using oral formulations or injections. Our microneedle patch system has the potential to deliver numerous medications for a wide variety of indications in commercially attractive markets. By focusing our development efforts on the delivery of established molecules with known safety and efficacy and premium pricing, we plan to reduce our clinical and regulatory risk and development costs and accelerate our time to commercialization. Advisors’ Opinion:
- [By Money Morning Staff Reports]
After looking at last week’s top penny stocks, we’ll show you this top penny stock…
Penny Stock Sector Current Share Price Last Week’s Gain
Sky Solar Holdings Ltd. (NASDAQ: SKYS) Utilities $1.19 111.74%
Zosano Pharma Corp. (NASDAQ: ZSAN) Healthcare $4.54 106.36%
Achieve Life Sciences Inc. (NASDAQ: ACHV) Healthcare $3.30 89.66%
EnSync Inc. (NYSE: ESNC) Industrial Goods $0.13 85.00%
Riot Blockchain Inc. (NASDAQ: RIOT) Healthcare $3.95 74.78%
Ideanomics Inc. (NASDAQ: IDEX) Technologies $1.97 71.30%
Eco-Stim Energy Solutions Inc. (OTCMKTS: ESES) Basic Materials $0.27 54.65%
Pier 1 Imports Inc. (NYSE: PIR) Services $1.31 47.91%
Marathon Patent Group Inc. (NASDAQ: MARA) Services $0.74 42.29%
China Internet NationWide Financial Services Inc. (NASDAQ: CIFS) Financial $1.28 42.24%
As you can see, knowing where to look for the top penny stocks could reward you with double-digit, or even triple-digit, returns in mere days.
- [By Joseph Griffin]
Zosano Pharma (NASDAQ:ZSAN) will announce its earnings results after the market closes on Tuesday, May 15th.
Zosano Pharma (NASDAQ:ZSAN) last issued its quarterly earnings results on Monday, March 12th. The biotechnology company reported ($3.80) EPS for the quarter, topping analysts’ consensus estimates of ($4.80) by $1.00.
- [By Paul Ausick]
Zosano Pharma Corp. (NASDAQ: ZSAN) dropped about 17% Tuesday to post a new 52-week low of $0.54 after closing at $0.65 on Friday. Volume was around 720,000, about 10% below the daily average of around 850,000. The company had no specific news.