UBSs Marc Goodman weighed in today on Teva Pharmaceuticals (TEVA) following yesterdays run by the stocks on the heels of the better-than-expected 1Q financial results by the drug maker.
Offered up these highlight from the conference call with management, proclaiming that there are four things we believe investors need to hear.
[Management sounds] confident in the AGN deal going through and has identified buyers for the majority of products to be divested. While divestitures are higher than expected, management will cut more costs to maintain the previously expected bottom line accretion. The U.S. generic drug pricing environment has not changed, and management still sees about 4% impact in 2016, which is similar to levels last year. The underlying base business for Teva is performing as expected, and it still expects sustainable growth in the global generics business of more than 5%. That includes a 10% gain from new products offset by a 5% hit from price/volume.
Still, Goodman encourages investors to wait and see before buying the stock.
Top Performing Companies To Invest In 2016: Genie Energy Ltd.(GNE)
Genie Energy Ltd., through its subsidiaries, operates as a retail energy provider and a developer of an oil and gas exploration company. The company operates through three segments: Genie Retail Energy; Afek Oil and Gas, Ltd.; and Genie Oil and Gas. It resells electricity and natural gas to residential and small business customers primarily in the Mid-Atlantic and Midwestern United States. The company also has 86.5% in the southern portion of the Golan Heights in Northern Israel; has 88.4% interest in an oil shale exploration project in Central Mongolia; holds and manages a 41.3% interest in an oil shale development project in Colorado; and has an 86.1% interest in an oil shale development project in Israel. Genie Energy Ltd. was incorporated in 2001 and is headquartered in Newark, New Jersey.
- [By Lisa Levin]
In trading on Tuesday, utilities shares fell by 0.58 percent. Meanwhile, top losers in the sector included Middlesex Water Company (NASDAQ: MSEX), down 2 percent, and Genie Energy Ltd (NYSE: GNE), down 4 percent.
- [By Lisa Levin]
In trading on Thursday, utilities shares fell by 0.75 percent. Meanwhile, top losers in the sector included Genie Energy Ltd (NYSE: GNE), down 5 percent, and Consolidated Water Co. Ltd. (NASDAQ: CWCO), down 2 percent.
Top Performing Companies To Invest In 2016: HP Inc.(HPQ)
HP Inc. provides products, technologies, software, solutions, and services to individual consumers and small- and medium-sized businesses (SMBs), as well as to the government, health, and education sectors worldwide. It operates through Personal Systems and Printing segments. The Personal Systems segment offers commercial personal computers (PCs), consumer PCs, workstations, thin client PCs, tablets, retail point-of-sale systems, calculators and other related accessories, software, support, and services for the commercial and consumer markets. The Printing segment provides consumer and commercial printer hardware, supplies, media, scanning device, and software and services; and laserjet and enterprise, inkjet and printing, graphics, and software and web services. The company was formerly known as Hewlett-Packard Company and changed its name to HP Inc. in October 2015. HP Inc. was founded in 1939 and is headquartered in Palo Al to, California.
- [By Motif Investing]
What politics has been slow in accomplishing, though, has not been the case in the culture and hiring practices of large U.S. businesses, where female CEOs are more common than in politics. In fact, two companies in the Dow Jones Industrial Average – E I Du Pont De Nemours And Co (NYSE: DD) and International Business Machines Corp. (NYSE: IBM) – are led by women, and perhaps it’s some sign of progress that former HP Inc (NYSE: HPQ) CEO and presidential candidate Carly Fiorina faced some criticism for her HP tenure rather than being subject to a politically correct “kid gloves” evaluation that is often perceived to be given to female executives.
Best Gas Utility Stocks To Own Right Now: Caesars Entertainment Corporation(CZR)
Caesars Entertainment Corporation, through its subsidiaries, provides casino-entertainment and hospitality services in the United States and internationally. It operates in four segments: Caesars Entertainment Resort Properties, Caesars Growth Partners Casino Properties and Developments, Caesars Interactive Entertainment, and Caesars Entertainment Operating Company. The company owns, operates, or manages casinos, such as land-based and riverboat or dockside casinos. It operates 55,000 slot machines and 3,600 table games, as well as other games comprising keno, poker, and race and sports books; and buffets, restaurants, bars, nightclubs, and lounges located throughout the company’s casinos, as well as banquets and room service. As of September 18, 2015, the company owned, operated, or managed 50 casinos in the 13 states of the United States, as well as in 5 countries. It also operates online gaming business that provides social games on Facebook and other social media Websites and mobile application platforms, certain real money games in Nevada and New Jersey, and ‘play for fun’ offerings. In addition, the company owns the World Series of Poker tournaments and brand, and licenses trademarks for various products and businesses related to this brand. Further, it engages in the third-party leasing of retail, dining, and entertainment outlets featured in the company’s casinos. The company was formerly known as Harrah’s Entertainment Inc. and changed its name to Caesars Entertainment Corporation in November 2010. Caesars Entertainment Corporation was founded in 1937 and is based in Las Vegas, Nevada.
- [By AlphaStreetResearch]
Caesars Entertainment Corporation (CZR) is a highly overvalued gaming, hotel, and entertainment company with deteriorating fundamentals on all levels in a highly competitive environment. The company’s stock has seen a massive run to the upside on the coattails of other casino and entertainment companies in the space. A considerable catalyst for the push higher in these stocks is the good news coming out of Macau, but this is an area where Caesars has absolutely no exposure and will be locked out of for the foreseeable future after failing to take appropriate licensing measures. Below is our introduction into the business model, its weaknesses, and the new selling or shorting opportunity that exists for CZR after the recent appreciation in share price. Investors will soon realize that there is little upside value in this company and that there are much better opportunities in this space. The company is now amidst a major struggle from a debt standpoint with major deadlines approaching over the next year and a half. The company is in no position to thrive going forward unless major steps are taken to overhaul the company’s capital structure. Caesars Entertainment has a market cap of $3.19 Billion after the stock has moved up over 225% year to date and reports its next quarter on October 31, 2013. With this in mind, we value CZR at $21.00 by year-end of 2013 and $14.00 by August 1, 2014, a decrease of 40% from current levels. We will later highlight:
Top Performing Companies To Invest In 2016: Hertz Global Holdings Inc(HTZ)
Hertz Global Holdings, Inc., through its subsidiaries, engages in the car and equipment rental businesses worldwide. It operates in two segments, Car Rental and Equipment Rental. The Car Rental segment engages in the ownership and lease of cars. This segment operates car rental locations at or near airports, as well as in central business districts and suburban areas of cities in the United States, Canada, France, Germany, Italy, the United Kingdom, Spain, the Netherlands, Switzerland, Belgium, Luxembourg, the Czech Republic, the Slovak Republic, Australia, New Zealand, China, and Brazil. It also operates retail used car sales locations in the United States and France. The Equipment Rental segment rents earthmoving equipment, material handling equipment, aerial and electrical equipment, air compressors, generators, pumps, small tools, compaction equipment, and construction-related trucks. In addition, this segment sells new equipment, and consumables, such as gloves and ha rdhats. The company also offers claim administration services, such as investigating, evaluating, negotiating, and disposing of various claims, including third-party, first-party, bodily injury, property damage, general liability, and product liability. Hertz Global serves various industries, such as construction, petrochemical, automobile manufacturing, railroad, power generation, and shipbuilding. The company was founded in 1918 and is headquartered in Park Ridge, New Jersey.
- [By Monica Gerson]
Hertz Global Holdings Inc (NYSE: HTZ) reported weaker-than-expected results for its first quarter and reaffirmed its FY16 earnings guidance. Hertz Global shares gained 2.17 percent to $8.95 in the after-hours trading session.
Top Performing Companies To Invest In 2016: Host Hotels & Resorts, Inc.(HST)
Host Hotels & Resorts, Inc. (Host Inc.), incorporated on September 28, 1998, operates as a self-managed and self-administered real estate investment trust (REIT). The Company operates through hotel ownership segment. The Company owns properties and conducts operations through Host Hotels & Resorts, L.P. (Host L.P.), of which Host Inc. is the sole general partner and in which it holds approximately 99% of the partnership interests (OP units). The Company’s portfolio consists of luxury and upper upscale properties located in the central business districts of cities, near airports and resort/conference destinations. In addition to its consolidated hotel portfolio, the Company also owns non-controlling interests in several entities and owned interest in approximately 20 hotel properties.
The Company’s lodging portfolio consists of over 100 luxury and upper-upscale hotels containing approximately 57,000 rooms, with the majority located in the United States and with approximately 20 of the properties located outside of the United States, in Australia, Brazil, Canada, Chile, Mexico and New Zealand. In addition, the Company owns non-controlling interests in two international joint ventures: a joint venture in Europe, which owns approximately 10 luxury and upper upscale hotels with approximately 3,900 rooms in Belgium, France, Germany, Spain, Sweden, the Netherlands and the United Kingdom, and another joint venture, which holds interest in approximately five operating hotels in India and over two additional hotels, which are under development. It also holds non-controlling investments in approximately two domestic hotels and a timeshare joint venture in Hawaii. The Company’s hotels operate in urban and resort markets under brand names as Fairmont, Grand Hyatt, JW Marriott, Ritz-Carlton, St. Regis, The Luxury Collection and W, or as upper upscale properties under brand names as Embassy Suites, Hilton, Hyatt, Le Meridien, Marriott Executive Apartments, Marriott Marquis, Marriott Suites, Pullman, Ren! aissance, Sheraton, Swissotel and Westin.
- [By Michael Flannelly]
Host Hotels and Resorts Inc (HST) announced early on Monday that it is raising its quarterly dividend payout from 11 cents per share to 12 cents per share, a 9.1% increase.
This quarterly dividend payout will be paid on October 15 to shareholders of record on September 30, with an ex-dividend date of September 26.
Host Hotels shares were inactive during pre-market trading on Monday. The stock is up 15.25% year-to-date.
- [By Dividends4Life]
Host Hotels & Resorts Inc. (HST) is a publicly owned real estate investment trust (REIT). The firm primarily engages in the ownership and operation of hotel properties. Sept. 16, the company increased its quarterly dividend 9.1% to $0.12 per share. The dividend is payable on Oct. 15, 2013, to stockholders of record on Sept. 30, 2013. The yield based on the new payout is 2.6%.