The rollercoaster ride continued on Wall Street today, but stocks swung back near breakeven in late trading to save what could have been a very bad day. In early trading the Dow Jones Industrial Average (DJINDICES: ^DJI ) dropped 127 points on the back of a big overnight drop in the Japanese stock market and a report showing contraction in China’s manufacturing. HSBC said preliminary data for its Purchasing Managers’ Index in China showed a reading of 49.6, which signals slight contraction and continues a streak of falling numbers. But by the last hour of the trading session, Wall Street had moved on from problems in Japan and China, and the Dow was down just 0.06%, while the S&P 500 (SNPINDEX: ^GSPC ) had fallen 0.25%.
The big headline of the day was Hewlett-Packard’s (NYSE: HPQ ) surprise earnings beat and the stock’s 16.4% jump today. After the market closed last night the company reported adjusted earnings per share of $0.87 and a 10% decline in fiscal second-quarter revenue to $27.6 billion. Both were enough to beat estimates, and the $0.06 earnings beat was the big driver of the stock’s move today. Better-than-expected earnings from HP are great, but let’s not forget that every operating segment is in decline, and profit only beat expectations by virtue of massive cost-cutting efforts.
Top 10 Trucking Stocks To Invest In Right Now: CA Inc.(CA)
CA Technologies, together with its subsidiaries, designs, develops, markets, delivers, licenses, and supports information technology (IT) management software products that operate on a range of hardware platforms and operating systems. It offers enterprise IT management software for organizations that addresses components of the computing environment, including people, information, processes, systems, networks, applications, and databases. The company provides a portfolio of mainframe and distributed software products with a focus on mainframe, service assurance, security (identity and access management), project and portfolio management, service management, virtualization and service automation, and cloud computing. It serves banks, insurance companies, other financial services providers, government agencies, manufacturers, technology companies, retailers, educational organizations, and health care institutions worldwide. CA Technologies offers its solutions through its d irect sales force and indirectly through global systems integrators, technology partners, managed service providers, solution providers, distributors and volume partners, and exclusive representatives. The company was formerly known as CA, Inc. and changed its name to CA Technologies in May 2010. CA Technologies was founded in 1974 and is based in Islandia, New York.
- [By Patricio Kehoe]
CA Technologies (CA) is an enterprise information technology (IT) management software and solutions company. The company’s products are designed to operate in a range of IT environments, from mainframe and physical to virtual and cloud. The company has three operating segments: Mainframe Solutions, Enterprise Solutions and Services.
- [By Traders Reserve]
CA Technologies (CA) is involved in a rapidly growing and necessary part of IT. It’s called Data Center Infrastructure Management or DCIM. All you really need to know about it from an investors’ point-of-view is its staggering market potential. Fewer than 10% of mid- to large-sized data centers utilize it, and 451 Research says DCIM supplier revenue will reach $1.8 billion by 2016, representing a 44% compound annual growth rate. While migrating away from mainframe services, the DCIM provider is also focusing on growing its cloud market share.
- [By Jonathan Buck]
IT management software and solutions provider CA Inc. (CA) can continue its resurgence with a focus on innovation.
Early signs are encouraging. The company, formerly known as Computer Associates, is highly profitable. Its problem is a steady decline in revenue that has persisted for seven straight quarters.
“If you take a look over the last several years, we lost our innovation edge,” Chief Executive Mike Gregoire said in an interview on the sidelines of the World Economic Forum in Davos. “And over the last year that is the No. 1 thing that I have been trying to put in place. You can structure deals and use financial engineering to a certain extent, package more things together and show growth, but at the end of the day you have to build great software that is highly differentiated and (that) people want.”
Since joining CA a year ago, Gregoire has been trying to sharpen CA’s blunted edge. He has closed fragmented engineering shops, opened an R&D center in Silicon Valley and is trying to get ahead of the technology curve to deliver the products that customers will want in two years’ time.
“This innovation is not something you do some of the time, you have to do it all of the time,” Gregoire said.
“We are on a treadmill,” he added. “We have to keep the products that we currently have innovative and differentiated, and we have to be looking to what the market needs over time to make sure we are highly relevant in the largest markets.”
He sees huge potential from mainframe applications to distributed applications to the cloud. CA, which competes with the likes of Oracle (ORCL) and International Business Machines (IBM), will have customers on all three platforms, which will need to be managed, and applications and security closely monitored. “There is lots of room for us to innovate,” said Gregoire. He has cut 1,200 jobs, and is looking to revitalize sales and marketing, too.
- [By Monica Gerson]
CA Technologies (NASDAQ: CA) is expected to post its Q3 earnings at $0.71 per share on revenue of $1.13 billion.
Xilinx (NASDAQ: XLNX) is estimated to post its Q3 earnings at $0.54 per share on revenue of $600.61 million.
Top 10 Trucking Stocks To Invest In Right Now: Synergetics USA Inc.(SURG)
Synergetics USA, Inc., a medical device company, engages in the design, manufacture, and marketing of microsurgical instruments and consumables primarily for ophthalmology and neurosurgery markets in the United States and internationally. The company?s product lines focus upon precision engineered, microsurgical, handheld devices, and the microscopic delivery of laser energy, ultrasound, electrosurgery, aspiration, illumination and irrigation that are delivered in multiple combinations. It offers retinal surgical items, including handheld disposable and reusable forceps and scissors, fiberoptics for illumination and photocoagulation, cannulas, scrapers, and other reusable and disposable surgical devices. The company also provides bipolar electrosurgical generators; lesion generators used for minimally invasive pain treatment; and directional laser probes, as well as offers gauge instrumentation to the vitreoretinal surgical market. It sells its products through direct sale s employees, distributors, and independent sales representatives. The company was founded in 1991 and is headquartered in O?Fallon, Missouri.
- [By Ben Levisohn]
Synergetics USA (SURG) has dropped 4.8% to $4.75 after the medical device company said it earned 6 cents a share, in line with analyst forecasts.
Team Inc. (TISI) has dropped 11% after the company missed its earnings forecast and lowered guidance.
- [By Monica Gerson]
Synergetics USA (NASDAQ: SURG) reported its FQ4 earnings of $0.06 per share on revenue of $17.9 million. However, analysts were projecting earnings of $0.05 per share on revenue of $17 million. Synergetics USA shares dipped 11.82% to $4.40 in the after-hours trading session.
- [By Monica Gerson]
Synergetics USA (NASDAQ: SURG) is projected to post its Q4 earnings at $0.06 per share on revenue of $17.01 million.
Team (NYSE: TISI) is expected to post its Q1 earnings at $0.36 per share on revenue of $176.70 million.
Top 10 Trucking Stocks To Invest In Right Now: Lifeway Foods Inc (LWAY)
Lifeway Foods, Inc., (Lifeway), incorporated on May 19, 1986, is engaged in the manufacturing of probiotic, cultured, functional dairy and non-dairy health food products. The Company’s primary products are kefir sold under the name Lifeway Kefir and Helios Nutrition Organic Kefir; a line of yogurts sold under the Lassi brand, and BasicsPlus, a dairy based immune-supporting dietary supplement beverage. In addition to the drinkable products, Lifeway manufactures Lifeway Farmer Cheese, a line of various farmer cheeses, a line of gourmet cream cheeses, and Sweet Kiss, a fruit sugar-flavored spreadable cheese similar in consistency to cream cheese. The Company also manufactures and markets a vegetable-based seasoning under the Golden Zesta brand. Lifeway manufactures all of its products at Company-owned facilities and distributes its products throughout the United States.
Lifeway’s primary product, kefir is a fermented dairy product. Lifeway’s Kefir is a dri nkable product intended for use as a breakfast meal or a snack, or as a base for lower-calorie dressings, dips, soups or sauces. Kefir is also used as the base of Lifeway’s plain farmer’s cheese, a cheese made without salt, sugar or animal rennet. In addition, kefir is the primary ingredient of Lifeway’s Sweet Kiss product, a fruit sugar-flavored, cream cheese-like spread which is intended to be used as a dessert spread or frosting. Lifeway’s Kefir is a drinkable kefir product manufactured in 10 regular and low-fat varieties, including plain, pomegranate, raspberry, blueberry, strawberry, cherry, peach, banana-strawberry, cappuccino and vanilla, and sold in 32-ounce containers and 8-ounce single serving containers featuring color-coded caps and labels describing nutritional information. The kefir product is marketed under the name Lifeway’s Kefir and is sold by retailers from their dairy sections.
Lifeway’s Organic Kefir meets the organic standards a nd specifications of the United States Department of Agricul! ture for organic products and is manufactured in five flavors: plain, wildberry, raspberry, strawberry and peach. Lifeway’s Organic Kefir is sweetened with organic cane juice. Lifeway’s Slim6 is a line of low-fat kefir beverages with no added sugar designed for consumers who follow low-carbohydrate diets. Lifeway’s Slim6 has only eight grams of carbohydrates and 2.5 grams of fat per 8-ounce serving and is available in five flavors: strawberries n’ cream, mixed berry, tropical fruit, strawberry-banana and an original, unsweetened version. ProBugs is a kefir product that contains 10 live and active kefir cultures. Aimed at children ages 2-9, ProBugscomes in three flavors, Sublime Slime Lime, Orange Creamy Crawler and Goo-Berry Pie and is packaged in no spill spout pouches designed as cartoon bug characters Peter, Polly and Penelope ProBug.
Farmer Cheese is based on a cultured soft cheese and is intended to be used in a variety of recipes as a low fat, low- cholesterol, low-calorie substitute for cream cheese or ricotta, and is available in various styles. Sweet Kiss is a sweet cheese probiotic spread available in five flavors: plain, plain with raisins, apple, peach and chocolate. Elita and Bambino cheeses are low-fat, low-cholesterol kefir based cheese spreads, which are marketed as an alternative to cream cheese. Krestyanski Tworog is a European-style kefir-based soft style cheese which can also be used in a variety of recipes, eaten with a spoon, used as a cheese spread, or substituted in recipes for cream cheese, ricotta cheese or cottage cheese and is marketed to consumers of various Eastern European ethnicities.
Basics Plus is a kefir-based beverage product designed to support gastrointestinal functions and the immune system. Kefir Starter is a powdered form of kefir that is sold in envelope packets and allows a consumer to make his or her own drinkable kefir at home by adding milk. Lifeway continues to deve lop sales of this product through the Internet. Lassi is a c! ultured d! rink inspired by the traditions of India and is sold in 8-ounce containers in two flavors, strawberry and mango. Golden Zesta is a vegetable-based seasoning, which, because of its low sodium content, may also be used as a salt substitute and is marketed to delicatessens, gourmet shops and ethnic grocers. Helios Nutrition Organic Kefir is a kefir product made from organic milk and manufactured with a blend of active cultures. It is sold in 8 and 32 ounce bottles and made in five flavors: peach, plain, strawberry, vanilla and raspberry.
The Company competes with Danone Foods, Inc.
- [By Rich Smith]
Shares of Lifeway Foods (NASDAQ: LWAY ) are on a tear, up nearly a full $1 (or 8.3%) since reporting earnings last week. But is the price spike justified? Let’s find out.
- [By James Brumley]
Once the budget impasse is wrapped up though, a new Dairy Stabilization Act should be right around the corner. That’s good news for a small-cap company like dairy farm Lifeway Foods (LWAY), which saw its shares fall nearly 25% over the course of August and September when the budget impasse was shaping up.
- [By Rich Smith]
In possibly related news, shares of a Danone sometimes-partner, sometimes-rival in the drinkable yogurt market, kefir-maker Lifeway Foods (NASDAQ: LWAY ) , is seeing its shares come under pressure Tuesday. Specializing in grocery sales, Lifeway also operates a chain of yogurt-inspired restaurants of its own known as “Starfruit Cafe.” As Danone shares gain 0.5%, Lifeway is down 4.5%.
Top 10 Trucking Stocks To Invest In Right Now: StoneMor Partners L.P.(STON)
StoneMor Partners L.P., together with its subsidiaries, engages in the ownership and operation of cemeteries in the southeast, northeast, and west regions of the United States. It offers funeral and cemetery products and services in the death care industry. The company sells interment rights, caskets, burial vaults, cremation niches, markers, and other cemetery related merchandise; provides opening and closing that is the digging and refilling of burial spaces to install the vault and place the casket into the vault; and various other services, including the installation of other cemetery merchandise and the perpetual care related to interment rights. It also offers various funeral-related services, such as family consultation, the removal of and preparation of remains, and the use of funeral home facilities for visitation. As of December 31, 2011, it operated 274 cemeteries, including 253 own cemeteries in 26 states and Puerto Rico; and owned and operated 69 funeral homes in 18 states and Puerto Rico. StoneMor GP LLC serves as the general partner of the company. StoneMor Partners L.P. was founded in 1999 and is headquartered in Levittown, Pennsylvania.
- [By Shauna O’Brien]
On Friday, cemetery operator StoneMor Partners L.P. (STON) reported that its net loss for the fourth quarter narrowed from last year, aided by a 6.4% rise in revenue.STON’s Earnings in Brief
STON reported a Q4 net loss of $3.5 million, compared to a loss of $3.9 million a year ago. Revenue was $63.1 million, up from $59.3 million last year. For FY2013, the company reported a net loss of $19.0 million, compared to a loss of $3.0 million in 2012. The large loss in 2013 was primarily due to costs related to the early retirement of senior notes. Revenue for the year rose to $246.6 million in 2013, from $242.6 million in 2012.
Lawrence Miller, President and CEO of STON commented: “StoneMor closed the year with a solid fourth quarter, showing improvement over the fourth quarter of 2012 in nearly every category,” s
“GAAP revenues and operating income in the fourth quarter of 2013 both improved over the fourth quarter of last year, while such non-GAAP financial measures as production based revenue and adjusted operating profits showed very strong growth, up 17.4% and 73.1% respectively. Driving much of this performance has been the ongoing contributions from acquisitions made in 2012 and 2013. The contributions from acquisitions also helped power a 75.9% increase in our distributable cash flow (non-GAAP) compared to the fourth quarter of 2012.
STON paid its last 60 cent quarterly dividend on February 14. We expect the company to announce its next dividend in April.
StoneMor Partners shares were mostly flat during premarket trading Friday. The stock is down 3.8% YTD.
- [By Dr. Kent Moors]
Of course, there are some exceptions. My favorite outlier, about as non-oil and gas as you can get, is StoneMor Partners LP (NYSE: STON). StonMor is an MLP that manages cemeteries… and it pays a 9.5% yield!
- [By Rich Smith]
Just in time for tax day, Levittown, Pa.-based StoneMor Partners (NYSE: STON ) is off the hook with the IRS. The funeral services provider announced Friday that an audit of its 2010 federal income tax returns conducted by the Internal Revenue Service has resulted in a finding that no changes are necessary.
Top 10 Trucking Stocks To Invest In Right Now: Zhone Technologies Inc.(ZHNE)
Zhone Technologies, Inc., together with its subsidiaries, designs, develops, and manufactures communications network equipment for telecommunications, wireless, and cable operators worldwide. It offers single line multi-service (SLMS) architecture, which provides support for voice over Internet protocol (VoIP) and IP entertainment by integrating access, transport, customer premises equipment, and management functions in a standards-based system. Its SLMS products include broadband aggregation and service products that are deployed in central offices, remote offices, points of presence, curbsides, data and co-location centers, and enterprises to aggregate, concentrate, and optimize communications traffic from copper and fiber networks; customer premise equipment, which offers solution for combining analog voice and data services to the subscriber?s premises over a single platform; and Zhone Management System that provides optional software tools to manage aggregation and c ustomer premises network hardware. These products deliver voice, data, and video interface connectivity for broadcast and subscription television, Internet routers, and telephony equipment. The company also offers products that are deployed by service providers to support various voice and data services; and provides technical support, product repair, and education and support services. It sells its products to network service providers that offer voice, data, and video services to businesses, governments, utilities, and residential consumers; and telecommunications carriers through channel partners, which include distributors, resellers, system integrators, and service providers. Zhone Technologies, Inc. was founded in 1999 and is headquartered in Oakland, California.
- [By Lisa Levin]
Zhone Technologies (NASDAQ: ZHNE) dropped 20.94% to $4.91 on Q4 results.
Hill-Rom Holdings (NYSE: HRC) dropped 14.43% to $37.74 after the company reported weaker-than-expected Q1 results and lowered its outlook. The company also announced its restructuring program.
Top 10 Trucking Stocks To Invest In Right Now: Weatherford International Ltd(WFT)
Weatherford International Ltd. provides equipment and services used in the drilling, evaluation, completion, production, and intervention of oil and natural gas wells worldwide. It offers artificial lift systems, which include reciprocating rod lift systems, progressing cavity pumps, gas lift systems, hydraulic lift systems, plunger lift systems, hybrid lift systems, wellhead systems, and multiphase metering systems. The company also provides drilling services, including directional drilling, ?Secure Drilling? services, well testing, drilling-with-casing and drilling-with-liner systems, and surface logging systems; and well construction services, such as tubular running services, cementing products, liner systems, swellable products, solid tubular expandable technologies, and inflatable products and accessories. In addition, it designs and manufactures drilling jars, underreamers, rotating control devices, and other pressure-control equipment used in drilling oil and nat u ral gas wells; and offers a selection of in-house or third-party manufactured equipment for the drilling, completion, and work over of oil and natural gas wells for operators and drilling contractors, as well as a line of completion tools and sand screens. Further, the company provides wireline and evaluation services; and re-entry, fishing, and thru-tubing services, as well as well abandonment and wellbore cleaning services; stimulation and chemicals, including fracturing and coiled tubing technologies, cement services, chemical systems, and drilling fluids; integrated drilling services; and pipeline and specialty services. It serves independent oil and natural gas producing companies. The company was founded in 1972 and is headquartered in Geneva, Switzerland.
- [By Holly LaFon]
Weatherford International Ltd. (0.4%) (WFT)(WFT – $17.36 – NYSE), based in Houston, Texas, finally resolved its tax accounting problems and various government investigations, which had been on-going for several years. It is now focused on growing its core businesses, enhancing profitability, reducing leverage and improving capital efficiency. The company is targeting total segment operating profit margin to reach 20% by 2016 from 11.3% in 2013 and reducing debt to capitalization from 52% to 25%. It aims to realize $500 million in annualized cost savings and sell four non-core businesses. Also, Weatherford plans to spin-off a portion of its international drilling rig business by the end of 2014 or early 2015. All available free cash flow generated and proceeds from asset sales will be used to reduce debt.From Mario Gabelli (Trades, Portfolio)’s Value 25 Fund first quarter 2014 shareholder commentary. Also check out: Mario Gabelli Undervalued Stocks Mario Gabelli Top Growth Companies Mario Gabelli High Yield stocks, and Stocks that Mario Gabelli keeps buying Currently 0.00/512345
Rating: 0.0/5 (0 votes)
- [By Jake L’Ecuyer]
Shares of Weatherford International (NYSE: WFT) got a boost, shooting up 9.99 percent to $20.25 after the company reported upbeat quarterly earnings. Weatherford reported its Q1 earnings of $0.13 per share on revenue of $3.60 billion.
- [By Jake L’Ecuyer]
Shares of Weatherford International (NYSE: WFT) got a boost, shooting up 10.02 percent to $20.25 after the company reported upbeat quarterly earnings. Weatherford reported its Q1 earnings of $0.13 per share on revenue of $3.60 billion.
Top 10 Trucking Stocks To Invest In Right Now: Hatteras Financial Corp (HTS)
Hatteras Financial Corp., incorporated on September 19, 2007, is an externally managed mortgage real estate investment trust (REIT) that invests primarily in single-family residential mortgage pass-through securities guaranteed or issued by the United States Government agency (such as the Government National Mortgage Association (Ginnie Mae)), or by the United States Government-sponsored entity (such as the Federal National Mortgage Association, (Fannie Mae)), and the Federal Home Loan Mortgage Corporation, (Freddie Mac)). The Company is externally managed and advised by its manager, Atlantic Capital Advisors LLC.
The Company focuses on agency securities consisting of mortgage loans with short durations. The agency securities consist of mortgages that have principal and interest payments guaranteed by Ginnie Mae, Fannie Mae or Freddie Mac. It invests in both fixed-rate and adjustable-rate agency securities. Adjustable rate mortgages (ARMs) are mortgages that h ave floating interest rates that reset on a specific time schedule, such as monthly, quarterly or annually, based on a specified index, such as the 12-month moving average of the one-year constant maturity United States Treasury rate (CMT) or the London Interbank Offered Rate (LIBOR). The ARMs it generally invests in, sometimes referred to as hybrid ARMS, have interest rates that are fixed for an initial period (typically three, five, seven or 10 years) and then reset annually thereafter to an increment over a pre-determined interest rate index.
- [By Amanda Alix]
A great year for mortgage REITs
American Capital Agency went public in 2008, a year that saw other mREITs such as Hatteras Financial (NYSE: HTS ) , and Armour Residential (NYSE: ARR ) enter the territory as well. Groundbreaker Annaly had shown that the carry trade could be lucrative, and the ultra-low short-term interest rate environment created a perfect climate for new companies to enter the playing field.
- [By Amanda Alix]
More mREITs stay the course, but two trim payouts
Despite suffering many tumbles and bruises, several mREITs have announced that their dividends will be unchanged from the previous quarter. Several did so last week, and yesterday saw Hatteras Financial (NYSE: HTS ) , an agency-only trust, keeping its own $0.70 per share payout the same. Hybrid New York Mortgage Trust (NASDAQ: NYMT ) also kept its dividend stable, at $0.27 per share, in line with its four most recent distributions.
- [By Rich Duprey]
Single-family-housing REIT Hatteras Financial (NYSE: HTS ) announced yesterday its second-quarter dividend of $0.70 per share, the same rate it’s paid for the past two quarters after cutting the payout 12.5% from $0.80 per share.
- [By Amanda Alix]
When Hatteras Financial (NYSE: HTS ) declared second-quarter earnings earlier this week, it was not a pretty sight, as earnings per share missed the mark by $0.04. But that wasn’t what set the stage for the carnage that spread throughout the sector: Hatteras reported a huge — more than 20% — drop in book value from the first quarter, sending the stock down more than 10% on Wednesday.
Top 10 Trucking Stocks To Invest In Right Now: Arca Biopharma Inc.(ABIO)
ARCA biopharma, Inc., a biopharmaceutical company, engages in the development of genetically-targeted therapies for cardiovascular diseases. Its principal product candidate, Gencaro (bucindolol hydrochloride), is an investigational, pharmacologically unique beta-blocker and mild vasodilator being developed for the treatment of chronic heart failure and also for the prevention of atrial fibrillation in patients with heart failure. The company has identified common genetic variations in the cardiovascular system that it believes interact with Gencaro?s pharmacology and may predict patient response. ARCA has collaboration with Laboratory Corporation of America to develop the Gencaro Test, a companion test for the genetic markers that identify these common genetic variations. The company is headquartered in Broomfield, Colorado.
- [By Bryan Murphy]
If you happened to catch – and respond to – my bullish thoughts on Arca Biopharma Inc. (NASDAQ:ABIO) from December 20th and/or January 2nd, then congratulations. You’re now up anywhere between 29% and 42%, depending on which of the two write-ups prompted your entry into an ABIO trade. No matter when you got into Arca Biopharma though, here this now – it’s time to lock in your profits and get out. Today’s big 25% jump has carried the stock to what I see as its near-term maximum value, and rather than ride out a dip, it would make more sense to step out now.
- [By Bryan Murphy]
Were you listening back on December 20th when yours truly suggested Arca Biopharma Inc. (NASDAQ:ABIO) was a budding bullish play? I hope so. If you stepped in then, you’d now be up 9.3%. No, it’s not a lot. Then again, it’s been less than two weeks. Regardless of whether or not you got into ABIO then, though, as of today, Arca Biopharma have cleared a hurdle that suggests the best is yet to come.
- [By Bryan Murphy]
Ever notice how, on occasion, there’s that stock idea that just won’t go away, and keep moving back into your radar? They don’t always work out, but sometimes, it turns out there was a very good reason that name kept surfacing as a trade candidate. For me (right now anyway), Arca Biopharma Inc. (NASDAQ:ABIO) that nagging stock that just keeps coming back on my plate. I talked about ABIO on October 7th and again on October 21st, both times bullishly, and though the stock’s gone nowhere since then, I find myself liking Arca Biopharma enough to once again suggest there’s a breakout brewing here.
- [By John Udovich]
On Wednesday, small cap biotech Arca Biopharma Inc (NASDAQ: ABIO) surged 25.01% on good news about an Investigational New Drug (IND) application only to fall 8.33% on Thursday, meaning investors and traders alike need to take a closer look at both the stock and the history of the drug plus take a look at the performance of biotech benchmarks the iShares NASDAQ Biotechnology Index ETF (NASDAQ: IBB) and SPDR S&P Biotech ETF (NYSEARCA: XBI).
Top 10 Trucking Stocks To Invest In Right Now: Value Line Inc (VALU)
Value Line, Inc., incorporated on October 29, 1982, is engaged in producing investment periodicals and related publications and making available copyright data, including certain Ranking System and other information, to third parties under written agreements for use in third-party managed and marketed investment products. The Company operates in two segments: investment periodicals and related publications. During the fiscal year ended March 31, 2013 (fiscal 2013), the Company’s Wholly-owned operating subsidiaries include Value Line Publishing LLC, Vanderbilt Advertising Agency, Compupower Corporation (CPWR) and Value Line Distribution Center (VLDC). The Company markets under brands including Value Line, the Value Line Logo, The Value Line Investment Survey and The Most Trusted Name in Investment Research.
Investment Related Periodicals and Publications
The investment periodicals and related publications offered by Value Line Publishing LLC (VLP ) covers a spectrum of investments, including stocks, mutual funds, options and convertible securities. The services generally fall into four categories include Comprehensive reference periodical publications; Targeted, niche periodical newsletters, and Current and historical financial databases. The services (The Value Line Investment Survey, The Value Line Investment Survey – Small and Mid-Cap, The Value Line 600, and The Value Line Fund Advisor Plus) provide both statistical and text coverage of a number of investment securities, with a focus placed on Value Line’s research, analysis and statistical ranks. The Value Line Investment Survey is the Company’s premier service, published each week and covering approximately 1,700 stocks.
The newsletters (The Value Line Special Situations Service, The Value Line Fund Advisor, The Value Line Convertibles Survey and The Value Line Options Survey) provide information on securities. The Company offers online versions of its products at the Company’s Website, www.valueline.com. T! he Value Line Investment Survey is an investment periodical research product providing both timely articles on economic, financial and investment matters and analysis and ranks for equity securities. The Value Line Investment Survey is an investment periodical research product providing both timely articles on economic, financial and investment matters and analysis and ranks for equity securities. The Value Line Investment Survey – Small and Mid-Cap is an investment research product that provides short descriptions of and data for approximately 1,800 small and medium-capitalization stocks.
Value Line Investment Analyzer is a menu-driven software program with filtering, ranking, reporting and graphing capabilities utilizing over 350 data fields for range of industries and indices and for the approximately 1,700 stocks covered in VLP’s publication, The Value Line Investment Survey. Value Line Investment Analyzer allows subscribers to apply more than 60 charting an d graphing variables for comparative research. Value Line Mutual Fund Survey for Windows is a monthly CD-ROM or Internet product with weekly Internet updates. The program features powerful sorting and filtering analysis tools. It includes features, such as style attribution analysis, a portfolio stress tester, portfolio rebalancing, correlation of fund returns and hypothetical assets. For the Company’s institutional customers, Value Line offers both current and historical data for equities, mutual funds, exchange traded funds (ETFs), and convertibles.
Value Line’s Fundamental DataFile I contains fundamental data (both current and historical) on approximately 6,400 publicly traded companies that follow United States generally accepted accounting principles (GAAP). Estimates and Projections DataFile offering contains the estimates from Value Line analysts on approximately 1,700 companies. Data includes earnings, sales, cash flow, book value, margin, and other pop ular fields. Projections are for the future one year, three ! year and ! five year periods. The Value Line Mutual Fund DataFile, covers more than 20,000 mutual funds with up to 20 years of historical data with more than 200 data fields. The Mutual Fund DataFile provides monthly pricing, basic fund information, weekly performance data, sector weights, and many other popular mutual fund data fields. The Value Line Research Center provides on-line access to select Company investment research products covering stocks, mutual funds, options and convertible securities, as well as special situation stocks.
Copyright Data Fees Programs
The Company has copyright data, which include certain ranking system information and other information used in third party products, such as unit investment trusts, variable annuities, managed accounts and exchange traded funds, which it distributes under copyright data agreements. The Company’s primary copyright data products have been structured as unit investment trusts, ETFs, annuity product s and other types of managed products.
Investment Management Services
The Company through its wholly-owned subsidiary ESI, was the distributor for the Value Line Funds. State Street Bank is the custodian of the assets of the Value Line Funds and provides them with fund accounting and administrative services. Shareholder services for the Value Line Funds are provided by Boston Financial Data Services, an affiliate of State Street Bank.
- [By Geoff Gannon]
If a company has an at risk business, it can allocate capital to other areas. Many successful companies no longer engage in the business they started in. If American Express (AXP) stayed in its original business, it wouldn’t be around today. The same is true of IBM, MMM, and BRK.B. Some companies choose to pay large dividends or buy back stock while the business is failing rather than allocating capital into a different industry. Let’s look at Value Line (VALU). Over the last 10 years, Value Line has paid out about 85% of the company’s current market cap. It’s a dying business. It had a decision to make. It could allocate capital to new areas inside the corporation, it could pay dividends, or it could buyback stock. It chose to pay dividends.
- [By Geoff Gannon] be cheap enough. It was an issue of Warren Buffett being confident enough to invest in IBM.
By the way, let’s look at IBM’s past record:
10-Year Average Return on Assets: 10.3%
10-Year Annual Sales Growth: 2.8%
10-Year Annual Asset Growth: 1.9%
As you can see, IBM isn’t much of a growth company. But that doesn’t mean the shares can’t be growth shares. IBM has improved margins and bought back stock. That has led to a 20% annual increase in earnings per share compared to just a 3% annual increase in total revenue.
So can we answer the question of why Warren Buffett is interested in companies like IBM and Norfolk Southern (NSC) rather than Hewlett-Packard and Value Line?
Well, Value Line is obviously too small an investment for Buffett. But we’re using it as a stand in for all the publishers Buffett once loved but now shuns.
Buffett is a return on investment investor. He isn’t exactly a growth investor or a value inve stor – if by growth we mean total revenue growth and if by value we mean the company’s value as of today.
Buffett wants to compound his money at the fastest rate possible. So he looks at how much of the company’s sales, assets, etc. he is getting. Basically, he looks at a price ratio. And then he looks into the company’s return on its own sales, assets, etc. When you take those two numbers together you get something very close to a rate of return.
The last part you need to consider is the change in assets versus the change in sales (and earnings). Does the company need to grow assets faster than earnings?
Or – like See’s Candy – can it grow sales a little faster than assets?
Let’s take a look at Norfolk Southern as a good example of the kind of railroad Buffett would own – if he didn’t own all of Burlington Northern.
10-Year Average Return on Assets: 4.9%
10-Year Annual Sales Growth: 6.0%
10 -Year Annual Asset Gr
Top 10 Trucking Stocks To Invest In Right Now: Integra LifeSciences Holdings Corp (IART)
Integra LifeSciences Holdings Corporation (Integra), incorporated on June 19, 1989, is an integrated medical technology company. Integra offers solutions in orthopedic extremity surgery, neurosurgery, spine surgery, and reconstructive and general surgery. The Company has developed numerous product lines for applications ranging from burn and deep tissue wounds to regeneration of dura mater in the brain and repair of nerve and tendon. It operates in five business segments: U.S. Neurosurgery, U.S. Extremities, U.S. Instruments, U.S. Spine and Other, and International. The International segment sells similar products to Europe, Middle East and Africa, and Central/South America, Asia-Pacific and Canada. On April 29, 2013, the Company launched the Integra Compact Cranial Closure System, which provides titanium implants for non-loadbearing (non-facial) operative cranial neurosurgical procedures. On April 30, 2013, it released its Hollywood VI intervertebral body fusion device (I BD) system. In January 2014, Integra LifeSciences Holdings Corp completed the acquisition of DuraSeal product lines from Covidien. In January 2014, Covidien PLC completed the sale of its Confluent Surgical product line to Integra LifeSciences Corporation.
The Company’s U.S. Neurosurgery sales organization sells a full line of products for neurosurgery and neuro critical care. It has products for each step of a cranial procedure and the care of the patient after surgery. Its key products include dural repair products, cerebral spinal fluid (CSF) management devices, tissue ablation equipment, intracranial monitoring equipment and cranial stabilization equipment. The Company sells equipment used in the neurosurgery operating room and neurosurgery intensive care unit (NICU).
Extremity reconstruction includes the repair of soft tissue and the orthopedic reconstruction of bone in the foot, an kle and leg below the knee (Lower Extremity), and the hand, ! wrist, elbow and shoulder (Upper Extremity). Its key products include bone and joint fixation devices, implants and instruments for osteoarthritis, rheumatoid arthritis, wrist arthroplasty, carpel tunnel syndrome, and cubital tunnel syndrome. Other key products include its regenerative medicine devices for the treatment of acute and chronic wounds, peripheral nerve repair and protection and tendon repair, and bone graft substitutes.
Integra’s U.S. Instruments business is a surgical instrument suppliers in the United States. Its portfolio includes over 60,000 instrument patterns and surgical products sold a range of users, including hospitals, surgery centers, and physician, dental and veterinary offices. In addition to selling hand-held instruments, it sells surgical headlight systems and table-mounted retractors. The Company’s brands include Jarit, Miltex, Padgett, Ruggles, Luxtec and Omni-Tract.
U.S. Spine and Oth er
Integra’s U.S. Spine and Other segment offer spinal fusion technologies that surgeons use along the full length of the spine, as well as a range of related orthobiologics. During the year ended December 31, 2012, its Spine business launched multiple new implants into the integrated interbody fusion device market and the deformity market. Its key spinal hardware products include integrated interbody fusion devices, minimally invasive solutions, and deformity correction. It markets and sells a complete line of orthobiologics, including demineralized bone products, collagen ceramic matrices and pure synthetic bone grafting solutions, to neurosurgeons, and spine, orthopedic, trauma, and foot and ankle surgeons. Integra sells its products through specialty distributors focused on its spine and orthopedic surgeon customers, as well as through some direct sales representatives. This segment also includes private-label sales of a set of its regenerative medicine te chnologies. Its customers are other large medical technology! companie! s that sell to end markets primarily in orthopedics and wound care.
The Company competes with Johnson & Johnson, Synthes, Inc., Stryker Corporation, Tornier, Inc., Wright Medical Group, Inc., Zimmer, Inc., Small Bone Innovations, Inc., Medtronic, Inc., Globus Medical Inc., NuVasive, Inc., Orthofix, Alphatec Spine, Inc., B. Braun Medical Inc., CareFusion and Symmetry Medical.
- [By Ben Levisohn]
Shares of Align have surged 24% to $57 at 12:37 p.m. Sirona Dental Systems (SIRO) has risen 0.8% to $69.61, Dentsply International (XRAY) is up 0.1% at $45.44, Integra Lifesciences (IART) has gained 0.4% to $44.23 and Danaher (DHR) has fallen 0.3% to $72.13.
- [By Sean Williams]
What: Shares of Integra LifeSciences (NASDAQ: IART ) , a manufacturer of surgical instruments and medical implants, fell as much as 13% after the company announced a voluntary recall of certain products at its Anyasco manufacturing facility in Puerto Rico.
- [By Keith Speights]
Medical instrument maker Integra LifeSciences (NASDAQ: IART ) shares dropped 11% this week. The stock’s fall stemmed from a product recall announced on Wednesday.