Related Must Watch Stocks for June 13, 2016 SAIC Q4 Earnings Conference Call: Full Transcript Notable earnings before Monday's open (Seeking Alpha) Related Must Watch Stocks for June 13, 2016 Lightinthebox Holding Delivers Better-Than-Guided Range Of Q4 Revenue
Science Applications International Corp (NYSE: SAIC) is estimated to report its quarterly earnings at $0.74 per share on revenue of $1.15 billion.
Lightinthebox Holding Co Ltd-ADR (NYSE: LITB) is expected to report a quarterly loss at $0.05 per share on revenue of $66.83 million.
Top 10 Gas Utility Stocks To Invest In Right Now: Heartware International, Inc.(HTWR)
Heartware International, Inc., incorporated on June 29, 2008, is a medical device company. The Company develops and manufactures miniaturized implantable heart pumps or ventricular assist devices to treat patients suffering from advanced heart failure. The Company operates in the segment of design and manufacture of medical devices. The HeartWare Ventricular Assist System (HVAD System), which includes a ventricular assist device (VAD) or blood pump, patient accessories and surgical tools, provides circulatory support for patients in the advanced stage of heart failure. The HVAD System is designed to be implanted adjacent to the heart, avoiding abdominal surgery. The HVAD System features the centrifugal pump designed to be implanted in the chest, directly adjacent to the heart.
The HeartWare HVAD System
The HVAD System consists of HVAD pump, a permanently implantable VAD, patient accessories and surgical tools. The HVAD pump is capable of generatin g over 10 liters of blood flow per minute. With a displaced volume of approximately 50 cubic centimeters and a mass of over 140 grams, the HVAD pump is implantable in the pericardial space, directly adjacent to the heart. The pump’s inflow cannula is integrated with the device itself, providing proximity between the heart and the pumping mechanism, facilitating ease of implant and helping to ensure optimal blood flow characteristics. The use of a wide-bladed impeller and the clear flow paths through the pump are designed to help reduce the risk of pump-induced damage to blood cells.
The HeartWare MVAD System
The MVAD System consists of similar components, surgical tools and peripherals, as the HVAD System, but is differentiated by the MVAD pump. The MVAD pump is a miniaturized blood pump intended for patients with chronic heart failure. The device is a full-output axial-flow pump with a fully suspended rotor and a displacement volume of less than on e-half of that of the HVAD pump.
The CircuLite ! System
The CircuLite Surgical System is designed to be implanted through a right, mini-thoracotomy procedure and does not require a sternotomy or cardiopulmonary bypass. The CircuLite Circulatory Support System offers interventional options to earlier-stage heart failure patients.
The Company competes with St. Jude Medical, Inc., Jarvik Heart, Inc., ReliantHeart Inc., Berlin Heart GmbH and Sunshine Heart, Inc.
- [By Spencer Israel]
4. HeartWare International Inc (NASDAQ: HTWR) – The heart device maker agreed to be acquired by Medtronic for $58 per share in cash two weeks ago. Prior to that the stock had been trading just above $30.
Top 10 Gas Utility Stocks To Invest In Right Now: Credit Suisse Group(CS)
Credit Suisse Group AG, together with its subsidiaries, operates as a financial services company. The company operates in three segments: Private Banking, Investment Banking, and Asset Management. The Private Banking segment offers advisory services and a range of wealth management solutions, including pension planning, life insurance products, tax planning, and wealth and inheritance advice for the high-net-worth and ultra-high-net-worth individuals. This segment also supplies banking products and services to affluent, high-net-worth and ultra-high-net-worth clients, and corporates and institutions. The Investment Banking segment provides investment banking and securities products and services to corporations, governments, pension funds, and institutions. Its products and services include debt and equity underwriting, sales and trading, mergers and acquisitions advice, divestitures, corporate sales, restructuring, and investment research. The Asset Management segment offe rs integrated investment solutions and services to institutions, governments, foundations and endowments, corporations, and individuals. It provides access to a range of investment classes across alternative investment, asset allocation, and traditional investment strategies. The company operates in Switzerland, Europe, the Middle East, Africa, the Americas, and the Asia Pacific. Credit Suisse Group AG was founded in 1856 and is headquartered in Zurich, Switzerland.
- [By Wayne Duggan] Related DB Deutsche Bank In The Tank Mike Khouw Sees Unusual Options Activity In Deutsche Bank 33 Large Banks On The Federal Reserve's Radar In 2016 (Seeking Alpha) Related CS Earnings Scheduled For February 4, 2016 Blockchain Moves Forward In The Financial Industry Credit Suisse Group AG (CS) Tidjane Thiam on Q4 2015 Results – Earnings Call Transcript (Seeking Alpha)
The latest credit default swap (CDS) data from BMO Capital Markets indicate a number of investors are growing increasingly concerned about the one-year outlook for capital markets. In a new report, analyst Mark Steele discussed the recent surge in one-year CDS activity, and what it means for the market.
- [By Paul R. La Monica]
European banks worse off than 2008? Lamensdorf is concerned about the exposure to bad loans (especially energy company debt) held by big banks such as Royal Bank of Scotland (RBS), Credit Suisse (CS) and Deutsche Bank (DB). He’s shorting all three.
Top 10 Media Companies To Own For 2016: United States Steel Corporation(X)
United States Steel Corporation produces and sells flat-rolled and tubular steel products in North America and Europe. It operates through three segments: Flat-Rolled Products (Flat-Rolled), U. S. Steel Europe (USSE), and Tubular Products (Tubular). The Flat-Rolled segment offers slabs, rounds, strip mill plates, sheets, and tin mill products. This segment serves customers in the automotive, consumer and the combined industrial, service center, and mining commercial markets. The USSE segment provides slabs, sheets, strip mill plates, tin mill products, and spiral welded pipes, as well as heating radiators and refractory ceramic materials. This segment serves customers in the construction, service center, conversion, container, transportation, appliance and electrical, oil, gas, and petrochemical markets. The Tubular segment offers seamless and electric resistance welded steel casing and tubing; and standard and line pipe and m echanical tubing products primarily to customers in the oil, gas, and petrochemical markets. The company also provides railroad services; and owns, develops, and manages various real estate assets. United States Steel Corporation was founded in 1901 and is headquartered in Pittsburgh, Pennsylvania.
- [By Ben Levisohn]
We explored the possibility that United States Steel (X) had turned the proverbial corner, that Michael Kors Holdings’ (KORS) earnings might portend trouble for Macy’s (M), and that Valeant Pharmaceutical International’s (VRX) is on the long road to recovery.
- [By Ben Levisohn]
We explained how Gilead Sciences (GILD) is still dominating hepatitis C, how Chesapeake Energy (CHK) is pulling the right levers, and why there could be trouble ahead for U.S. Steel (X).
- [By Michael Flannelly]
BMO Capital analysts initiated coverage on United States Steel Corporation (X) early on Wednesday, giving the stock a “Market Perform” rating because the company will be negatively impacted by lower steel prices.
The analysts see shares of X reaching $19, which suggests a 7% downside to the stock’s Tuesday closing price of $20.51.
US Steel shares were down a fraction during pre-market trading on Wednesday. The stock is down 14% year-to-date.
- [By Ben Levisohn]
Deutsche Bank’s Jorge Beristain and team explain why they upgraded US Steel (X) to Hold from Sell but left AK Steel (AKS) with a Sell rating:
M&M commodity prices rallied ~13% in 2Q16 and M&M coverage gained 24% on: 1) a view that a near-term commodity floor was formed following China’s stimulus in 1Q16; 2) which sparked a shift in investor willingness to underwrite debt/equity offerings, leading to 3) material Balance Sheet improvements (new equity + extension of maturities). This is not unique to M&M and has played out in the Energy sector too (WTI oil rallied 36% QoQ). Given the number of M&M shelves filed we expect further activity ahead. We are now less negative on Steels, but our preference remains for non-integrated companies (Minimills, Aluminum) as well as gold exposure via Newmont Mining (NEM).
Given revised commodity deck forecasts (particularly for Steel and Gold) and improved Balance Sheet health (Steels, Precious and Industrials Metals) we are upgrading our ratings on several stocks in our coverage. We generally favor companies that have already initiated specific self-help, have low-cost assets and are less exposed to China supply and demand dynamics. In Steels, we have increased our rating from Hold to Buy on Nucor (NUE) and from Sell to Hold on US Steel. We have also upgraded Kinross Gold (KGC) to a Hold on valuation…On higher-than-peer valuations, we reiterate Sell-rated Coeur Mining (CDE), Franco-Nevada (FNV), Goldcorp (GG), Teck Resources (TCK) and highly leveraged AK Steel given preference to issue further equity if possible.
Not that it’s mattered: Shares of US Steel have gained 1.5% to $17.91 at 2:58 p.m. today, while AK Steel has risen 1.5% to $4.64. Nucor has climbed 3.6% to $50.73, Kinross Gold is unchanged at $5.64, and Newmont Mining is up 1.8% at $41.08.
Top 10 Gas Utility Stocks To Invest In Right Now: Brown(n)
N Brown Group plc operates as an Internet and catalogue home shopping company in the United Kingdom. The company principally offers womenswear, menswear, footwear, household, and electrical products, as well as provides insurance services. It also operates in the Republic of Ireland, Germany, and the United States. The company was founded in 1859 and is based in Manchester, the United Kingdom.
- [By Alex Jordon]
He already owns a good chunk of NetSuite (N), whose revenue grew 35% last quarter, beating earnings estimates by $0.03 a share. Ellison’s been profiting from the cloud while dismissing its significance. With the Salesforce agreement his company is, too. (Fool)
Top 10 Gas Utility Stocks To Invest In Right Now: Helmerich & Payne, Inc.(HP)
Helmerich & Payne, Inc. engages in the contract drilling of oil and gas wells. It provides drilling rigs, equipment, personnel, and camps on a contract basis to explore for and develop oil and gas from onshore areas and from fixed platforms, tension-leg platforms, and spars in offshore areas. The company operates through three segments: U.S. Land, Offshore, and International Land. The U.S. Land segment drills primarily in Oklahoma, California, Texas, Wyoming, Colorado, Louisiana, Mississippi, Pennsylvania, Ohio, Utah, New Mexico, Montana, North Dakota, West Virginia, and Nevada. The Offshore segment has drilling operations in the Gulf of Mexico and Equatorial Guinea. The International Land segment conducts drilling operations in Ecuador, Colombia, Argentina, Bahrain, the United Arab Emirates, and Mozambique. As of November 12, 2015, the company operated a fleet of 344 land rigs in the United States; 38 international land rigs; and 9 offshore platform rigs. The company also owns, develops, and operates commercial real estate properties; and researches and develops rotary steerable technology. Its real estate investments include a shopping center comprising approximately 441,000 leasable square feet; multi-tenant industrial warehouse properties covering approximately one million leasable square feet; and approximately 210 acres of undeveloped real estate located in Tulsa, Oklahoma. Helmerich & Payne, Inc. was founded in 1920 and is headquartered in Tulsa, Oklahoma.
- [By Richard Moroney, Editor, Dow Theory Forecasts]
Helmerich & Payne (HP) has paid a dividend without interruption since 1959 and raised the distribution in 40 straight years.
Following a pair of hikes in less than 12 months, Helmerich’s quarterly dividend stands at $0.50 per share, compared to $0.07 per share a year ago.
Top 10 Gas Utility Stocks To Invest In Right Now: Hercules Offshore Inc.(HERO)
Hercules Offshore, Inc., together with its subsidiaries, provides shallow-water drilling and marine services to the oil and natural gas exploration and production industry in the U.S. Gulf of Mexico and internationally. Its services comprise oil and gas exploration and development drilling, well services, platform inspection, and maintenance and decommissioning services in various water provinces. As of May 10, 2011, the company owned and operated a fleet of 50 jackup rigs, 17 barge rigs, 65 liftboats, 3 submersible rigs, and 1 platform rig. It serves national oil and gas companies, integrated energy companies, and independent oil and natural gas operators. The company was founded in 2004 and is headquartered in Houston, Texas.
- [By Lisa Levin]
Hercules Offshore, Inc. (NASDAQ: HERO) shares dropped 46 percent to $1.05 as the company reported that it has entered into a restructuring support agreement with lenders.
Top 10 Gas Utility Stocks To Invest In Right Now: Coca-Cola Company (The)(KO)
The Coca-Cola Company, a beverage company, manufactures and distributes various nonalcoholic beverages worldwide. The company primarily offers sparkling beverages and still beverages. Its sparkling beverages include nonalcoholic ready-to-drink beverages with carbonation, such as carbonated energy drinks, and carbonated waters and flavored waters. The companys still beverages comprise nonalcoholic beverages without carbonation, including noncarbonated waters, flavored and enhanced waters, noncarbonated energy drinks, juices and juice drinks, ready-to-drink teas and coffees, and sports drinks. It also provides flavoring ingredients, sweeteners, beverage ingredients, and fountain syrups, as well as powders for purified water products. The Coca-Cola Company sells its products primarily under the Coca-Cola, Diet Coke/Coca-Cola Light, Coca-Cola Zero, Fanta, Sprite, Minute Maid, Georgia, Powerade, Del Valle, Schweppes, Aquarius, Mi nute Maid Pulpy, Dasani, Simply, Glac茅au Vitaminwater, Bonaqua/Bonaqa, Gold Peak, FUZE TEA, Glac茅au Smartwater, and Ice Dew brand names. The company offers its beverage products through a network of company-owned or controlled bottling and distribution operators, as well as through independent bottling partners, distributors, wholesalers, and retailers. The Coca-Cola Company was founded in 1886 and is headquartered in Atlanta, Georgia.
- [By Craig Jones]
On CNBC’s “Options Action,” Carter Worth analyzed The Coca-Cola Co (NYSE: KO) from a technical standpoint.
He said that it has shown a lot of relative strength in the last six months. The stock outperformed Consumer Staples Select Sect. SPDR (ETF) (NYSE: XLP) in that period after a long stint of lagging behind its peers. While both the S&P 500 and the Consumer Staples ETF recorded negative returns in the last six months, The Coca-Cola Co gained 2.8 percent.
- [By Ben Levisohn]
Stocks that made the cut include General Motors (GM), Coca-Cola Company (KO), Occidental Petroleum (OXY), JPMorgan Chase (JPM), and General Electric (GE).
Top 10 Gas Utility Stocks To Invest In Right Now: Cal-Maine Foods, Inc.(CALM)
Cal-Maine Foods, Inc. produces, grades, packages, markets, and distributes shell eggs. It offers specialty shell eggs, such as nutritionally enhanced, cage free, organic, and brown eggs under the Egg-Lands Best, Land O Lake, Farmhouse, and 4-Grain brand names, as well as under private labels. The company sells its products to various customers, including national and regional grocery store chains, club stores, foodservice distributors, and egg product consumers primarily in the southeastern, southwestern, mid-western, and mid-Atlantic regions of the United States. Cal-Maine Foods, Inc. was founded in 1969 and is based in Jackson, Mississippi.
- [By Manikandan Raman]
© 2016 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Related Articles (CALM)
Top 10 Gas Utility Stocks To Invest In Right Now: NCI Building Systems, Inc.(NCS)
NCI Building Systems, Inc., incorporated on December 23, 1991, is a manufacturer and marketer of metal products for the nonresidential construction industry. The Company provides metal coil coating services for commercial and construction applications, servicing customers. The Company design, engineers, manufactures and markets metal components and engineered building systems in the industry. The Company operates in three segments, including metal coil coating, metal components and engineered building systems. The metal coil coating segment consists of cleaning, treating, painting and slitting continuous steel coils before the steel is fabricated for use by construction and industrial users. The metal components segment products include metal roof and wall panels, doors, metal partitions, metal trim, insulated panels and other related accessories. The engineered building systems segment includes the manufacturing of main frames, Long-Bay Systems and value-added engineering and drafting. The Company consists of a family of companies operating 38 manufacturing facilities spanning the United States and Mexico.
Metal Coil Coating
The Companys Metal coil coating segment consists of cleaning, treating and painting various flat-rolled metals, in coil form, as well as slitting and embossing the metal, before the metal is fabricated for use by various industrial users. The Company cleans, treats and coats both heavy gauge (hot-rolled) and light gauge metal coils for its other operating segments and for third party customers, who utilize them in applications, including construction products, heating and air conditioning systems, water heaters, lighting fixtures, ceiling grids, office furniture, appliances and other products. The Company provides toll coating services under which the customer provides the metal coil and provides only the coil coating process.
The Company operates six metal coil coating facilitie s located in six United States. Two of its facilities coat h! ot-rolled, heavy gauge metal coils and four of its facilities coat light gauge metal coils. The Company process metal coils to supply substantially all the coating requirements of its own metal components and engineered building systems operating segments. The Company also process metal coils to supply customers in different industries.
The Company sells its products and processes to Original Equipment Manufacturer (OEM) customers who utilize pre-painted metal, including other manufacturers of engineered building systems and metal components. The Companys customer base also includes steel mills, metal service centers and painted coil distributors who in-turn supply manufacturers of engineered building systems, metal components, lighting fixtures, ceiling grids, water heaters, appliances and other manufactured products.
The Metal components segment include metal roof and wall systems, metal partitions, metal trim, doo rs and other related accessories. These products are used in new construction and in repair and retrofit applications for industrial, commercial, institutional, agricultural and rural uses. Metal components are used in construction applications, including purlins and girts, roofing, standing seam roofing, walls, doors, trim and other parts of traditional buildings, as well as in architectural applications and engineered building systems. The Companys metal components consist of individual components, including secondary structural framing, metal roof and wall systems and associated metal trims. The Company sells directly to contractors or end users for use in the building industry, including the construction of metal buildings. Specific component products the Company manufactures include metal roof and wall systems, purlins, girts, partitions, header panels and related trim and screws. The Company is focused on developing and marketing new products, such as its Insulated Panel Systems (IPS), Eco-ficientTM panel systems, SoundwallT! M, Nu-Roo! fTM system and Energy Star cool roofing.
Engineered Building Systems
The Companys engineered building systems consist of engineered structural members and panels that are fabricated and roll-formed in a factory. These systems consist of structural framing, secondary structural members (purlins and girts) and metal roof and wall systems or conventional wall materials manufactured by others, such as masonry and concrete tilt-up panels. Engineered building systems consist of three systems: Primary structural framing, Secondary structural framing and Metal roof and wall systems.
Primary structural framing, fabricated from heavy-gauge plate steel, supports the secondary structural framing, roof, walls and all externally applied loads. Through the primary framing, the force of all applied loads is structurally transferred to the foundation. Secondary structural framing is designed to the primary structural framing and transfer applied load s from the roof and walls to the primary structural framing. Secondary structural framing consists of gauge, roll-formed steel components called purlins and girts. Metal roof and wall systems not only lock out the weather but may also contribute to the structural integrity of the overall building system. Roof and wall panels are fabricated from light-gauge, roll-formed steel in many architectural configurations. Accessory components complete the engineered building system. These components include doors, windows, specialty trims, gutters and interior partitions. The Company operates eight facilities for manufacturing and distributing engineered building systems throughout the United States and Monterrey, Mexico.
- [By Monica Gerson]
NCI Building Systems Inc (NYSE: NCS) posted upbeat results for its second quarter on Tuesday. NCI Building Systems shares rose 1.24 percent to $16.30 in the after-hours trading session.
Top 10 Gas Utility Stocks To Invest In Right Now: Harmony Gold Mining Company Limited(HMY)
Harmony Gold Mining Company Limited engages in the exploration and mining of gold in South Africa and Papua New Guinea. The company also explores for copper, silver, uranium, and molybdenum deposits. It has nine underground operations located on the Witwatersrand Basin; an open-pit mine exploiting the Kraaipan Greenstone Belt; and various other surface operations in South Africa. The company also owns a 50% interest in the Hidden Valley, an open-pit gold and silver mine; the Wafi-Golpu project; and exploration tenements in Papua New Guinea. Harmony Gold Mining Company Limited was incorporated in 1950 and is based in Randfontein, South Africa.
- [By Lisa Levin]
In trading on Thursday, basic materials shares fell by 0.73 percent. Meanwhile, top losers in the sector included Silver Wheaton Corp. (USA) (NYSE: SLW), down 5 percent, and Harmony Gold Mining Co. (ADR) (NYSE: HMY), down 5 percent.
- [By Javier Hasse]
Harmony Gold Mining Co. (ADR) (NYSE: HMY) rose 2.2 percent on Friday, even though gold prices dropped. However, the stock lost 3.7 percent in after-hours trading, in what also seemed like a correction of the surge seen during the day.
- [By Lisa Levin]
On Wednesday, basic materials shares surged by 0.6 percent. Top gainers in the sector included Harmony Gold Mining Co. (ADR) (NYSE: HMY) and Gold Fields Limited (ADR) (NYSE: GFI).