GM hopes the all-new 2014 Chevy Silverado will boost its global sales tally — but the company is still in danger of falling behind rivals. Photo credit: General Motors Co.
Could General Motors (NYSE: GM ) – for decades, the world’s top-selling car company – actually fall to third place soon?
It’s not impossible. GM held the global sales crown as recently as 2011, but lost it to Toyota (NYSE: TM ) last year. That wasn’t a surprise: Toyota was on a roll after a couple of years of troubles, and GM lost market share in the U.S. while it was waiting for new products.
Toyota and GM have traded the lead back and forth for several years. But now there’s a third contender for the global crown. With a quarter of 2013 already in the books, it’s running close behind GM – closer than executives at General Motors would probably like.
Top Safest Companies To Watch In Right Now: Wipro Limited(WIT)
Wipro Limited provides information technology (IT) products and services, consumer care and lighting products, and infrastructure engineering services primarily in India, the United States, and Europe. The company?s IT Services segment offers IT and IT enabled services, including software application development, application maintenance, research, and development services for hardware and software design, data center outsourcing services, and business process outsourcing services. Its IT Products segment produces and sells a range of Wipro personal desktop computers, Wipro servers, and Wipro notebooks. This segment also operates as a reseller of desktops, servers, notebooks, storage products, networking solutions, and packaged software for various international brands. The company?s Consumer Care and Lighting segment manufactures, distributes, and sells personal care products, baby care products, lighting products, and hydrogenated cooking oils in India and rest of Asia. W ipro Limited also manufactures and sells hydraulic cylinders, truck cylinders, and their components and solutions to original equipment manufacturers, as well as provides water treatment systems and solutions. The company was founded in 1945 and is headquartered in Bangalore, India.
- [By Brian Stoffel]
That helps explain why Accenture and IBM, the industry’s two biggest players, have been able to gobble up so much market share. But there’s a second tier of technology-consultants — in terms of sheer size — as well. That’s where Cognizant, as well as its main competition — Infosys (NYSE: INFY ) and Wipro (NYSE: WIT ) — come in to play.
Top Safest Companies To Watch In Right Now: Strategic Diagnostics Inc.(SDIX)
Strategic Diagnostics Inc., a biotechnology company, develops, commercializes, and markets proprietary products, services, and solutions for the pharmaceutical, biotechnology, diagnostics, food safety, and environmental markets. Its life science portfolio includes products and custom services that supply critical reagents used across the life science research and development markets. These products and services include custom antibodies, in-vitro diagnostic-grade antibodies, proprietary critical reagent products, associated bio-processing services, and custom assay design and development services that are sold to pharmaceutical, biotechnology, and diagnostic companies, as well as to biomedical research centers. The company also provides Kit products, including immunoassays, which represent advanced technology for the detection of food pathogens and soil contaminants. Its detection technologies allow industrial customers to identify the presence of adulterants, such as chem ical toxins, biological pathogens, and other contaminants, which can compromise human or environmental safety, and/or impact efficiencies of production processes. These products are used in various applications, including food and beverage manufacturing, environmental management, and agriculture and agro-science. The company markets and sells its products in the life sciences, and food safety product categories through a direct sales force, Internet, and a network of distributors, as well as through its corporate partners in the United States, Canada, Mexico, Latin America, Europe, and Asia. Strategic Diagnostics Inc. was founded in 1987 and is headquartered in Newark, Delaware.
- [By CRWE]
SDIX (Nasdaq:SDIX) – a leading provider of biotechnology-based products and services for a broad range of life science, biotechnology, diagnostic, and food safety applications, expects to release its second quarter 2012 results at approximately 4 p.m. ET on Wednesday, August 8, 2012.
Top Safest Companies To Watch In Right Now: TNT Express NV (TNTE)
TNT Express NV is the Netherlands-based express delivery company. It collects, transports and delivers documents, parcels and freight on a time-certain or day-definite basis. The Company operates worldwide with domestic, regional and intercontinental delivery. It has own operations in more than 60 countries and can deliver to more than 200 countries through own operations, subcontractors and agents. Its customers are international companies, as well as small and medium enterprises. The Company serves industries such as technology, automotive, industrial, healthcare and lifestyle, as well as financial institutions and governments. The Company operates interconnected international air and road networks. The air network consists of a central air hub in Liege, Belgium, and a fleet of more than 50 aircrafts. The road networks are operated in Europe, the Middle East, Asia, Australia and South America. Advisors’ Opinion:
- [By Inyoung Hwang]
TNT Express NV (TNTE) lost 4.3 percent to 6.33 euros, its lowest price in four months. PostNL NV, the Dutch mail service with operations in the U.K. and Germany, said it will sell about half of its 29.8 percent stake in the Dutch package-delivery company to reduce debt. The 15 percent stake up for sale is valued at about 540 million euros ($738 million), according to data compiled by Bloomberg. PostNL gained 1.8 percent to 4.17 euros.
- [By Robert Wall]
One of the country’s largest employers with more than 150,000 staff, Royal Mail has shifted away from letters to more lucrative package shipping, competing with TNT Express NV (TNTE) of the Netherlands and Deutsche Post AG (DPW)’s DHL Express.
Top Safest Companies To Watch In Right Now: Boewe Systec AG (BSY)
BOEWE SYSTEC AG is a Germany-based provider of paper management systems. The Company is primarily engaged in the production of inserting systems, for the secure distribution of printed documents and plastic cards. Its product portfolio also includes plastic card personalization and mailing solutions, software for the monitoring and interconnection of various mailroom systems, paper processing solutions, sorting and mail verification systems, and scanners. The Company developed reading technologies used for cutters, cut sheet feeders, enclosure feeders and inserting systems, which are integrated into its software solutions. BOEWE SYSTEC AG’s products are modular, allowing machinery from different manufacturers to be connected into a production line, offering solutions for the automated mailroom. In addition, the Company provides installation, commissioning and maintenance services, as well as spare parts for its products. Advisors’ Opinion:
- [By Inyoung Hwang]
U.K. stocks erased losses in the last half hour of trading, leaving the FTSE 100 Index (UKX) little changed, as a rally in British Sky Broadcasting Group Plc (BSY) and SABMiller Plc (SAB) offset Dagong Global Credit Rating Co.’s downgrade of U.S. sovereign debt.
- [By Inyoung Hwang]
BSkyB (BSY) sank 3.3 percent to 822 pence, the biggest slide since May 16, even as the U.K.’s largest pay-TV broadcaster reported sales that topped estimates. The company unveiled a box to link televisions to the Internet and said it will buy back 500 million pounds of shares.
Top Safest Companies To Watch In Right Now: Sonova Holding AG (SOON)
Sonova Holding AG is a Switzerland-based company operating in the healthcare sector. The Company, along with its subsidiaries, specializes in the design, development, manufacture, worldwide distribution and service of technologically advanced hearing systems for adults and children with hearing impairment. The Company is active in two operating segments: the Hearing instruments segment includes the companies that are active in the design, development, manufacture, distribution and service of hearing instruments and related products, and the Cochlear implants segment includes the companies that are active in the design, development, manufacture, distribution and service of hearing implants and related products. The Company operates worldwide and distributes its products in over 90 countries through its own distribution network and through independent distributors. Sonova Holding AG is the holding company of the Sonova Group. Advisors’ Opinion:
- [By Sofia Horta e Costa]
ThyssenKrupp AG slid to a 10-week low after raising 882.3 million euros ($1.2 billion) through a share sale. Antofagasta Plc led a measure of mining companies to a seven-week low. Sonova Holding AG (SOON) declined 1.5 percent as Morgan Stanley cut its rating on the Swiss hearing-aid maker. Orange SA slipped 3.4 percent amid concern a price war in the French mobile market will extend to fourth-generation data services.
- [By Corinne Gretler]
Sonova (SOON) advanced 6.9 percent to 126.50 Swiss francs after predicting that annual earnings before interest, taxes and amortization would grow as much as 14 percent, compared with a previous forecast of 9 percent to 13 percent. Sales will increase 8 percent to 10 percent, up from an earlier projection of 6 percent to 8 percent.
Top Safest Companies To Watch In Right Now: Unifirst Corporation(UNF)
UniFirst Corporation, together with its subsidiaries, provides workplace uniforms and protective work wear clothing in the United States, Canada, and Europe. The company designs, manufactures, personalizes, rents, cleans, delivers, and sells a range of uniforms and protective clothing, including shirts, pants, jackets, coveralls, lab coats, smocks, and aprons; and specialized protective wear, such as flame resistant and high visibility garments. It also rents industrial wiping products, floor mats, facility service products, and restroom supplies comprising air fresheners, paper products, and hand soaps, as well as other non-garment items. In addition, the company provides first aid cabinet services and other safety supplies; decontaminates and cleans work clothes that may have been exposed to radioactive materials; and services special clean room protective wear. Further, it offers a range of garment service options, including full-service rental programs in which garment s are cleaned and serviced; lease programs in which garments are cleaned and maintained by individual employees; and purchase programs to buy garments and related items directly. The company serves automobile service centers and dealers, delivery services, food and general merchandise retailers, food processors and service operations, light manufacturers, maintenance facilities, restaurants, service companies, soft and durable goods wholesalers, transportation companies, and others who require employee clothing for image, identification, protection, or utility purposes, as well as government agencies, research and development laboratories, high technology companies, and utilities operating nuclear reactors. The UniFirst Corporation was founded in 1936 and is based in Wilmington, Massachusetts.
- [By Monica Wolfe]
Over the past week Jean-Marie Eveillard (Trades, Portfolio) of First Eagle Investment Management made a notable decrease of their position in UniFirst Corporation (UNF). The guru cut his position -70.49% by selling 528,976 shares of the company’s stock. He sold these shares at an average price of $107.00 per share, and now the stock is trading up about 2% to $109 per share.
- [By Laura Brodbeck]
Earnings Expected From: Uniferst (NYSE: UNF), Constellation Brands (NYSE: STZ), RPM International (NYSE: RPM), Global Payments (NYSE: GPN) Economic Releases Expected: German trade balance, German factory orders, Australian retail sales
- [By Seth Jayson]
Calling all cash flows
When you are trying to buy the market’s best stocks, it’s worth checking up on your companies’ free cash flow once a quarter or so, to see whether it bears any relationship to the net income in the headlines. That’s what we do with this series. Today, we’re checking in on UniFirst (NYSE: UNF ) , whose recent revenue and earnings are plotted below.
- [By Eric Volkman]
UniFirst (NYSE: UNF ) is getting ready to issue a pair of dividend payouts. The company has declared quarterly common stock distributions for both its regular and its Class B shares. For the former, the firm will hand out $0.0375 per share, while for the latter $0.03 will be disbursed. Both will be paid on October 1 to holders of record as of September 10.
Top Safest Companies To Watch In Right Now: Valero Energy Corporation(VLO)
Valero Energy Corporation operates as an independent petroleum refining and marketing company. The company operates through three segments: Refining, Ethanol, and Retail. The Refining segment engages in refining, wholesale marketing, product supply and distribution, and transportation operations. It produces conventional gasoline, distillates, jet fuel, asphalt, petrochemicals, lubricants, and other refined products. This segment also offers conventional blendstock for oxygenate blending, reformulated gasoline blendstock for oxygenate blending, gasoline meeting the specifications of the California Air Resources Board (CARB), CARB diesel fuel, low-sulfur and ultra-low-sulfur diesel fuel. The Ethanol segment produces ethanol and distillers grains. The Retail segment sells transportation fuels at retail stores and unattended self-service cardlocks; convenience store merchandise and services in retail stores; and home heating oil to residential customers. Valero Energy Corpora tion markets its refined products through bulk and rack marketing network; and sells refined products through a network of approximately 6,800 retail and wholesale branded outlets under the Valero, Diamond Shamrock, Shamrock, Ultramar, Beacon, and Texaco names in the United States, Canada, the United Kingdom, Aruba, and Ireland. As of December 31, 2011, it owned 16 petroleum refineries with a combined throughput capacity of approximately 3.0 million barrels per day; and operated 10 ethanol plants with a combined nameplate production capacity of approximately 1.1 billion gallons per year. The company was formerly known as Valero Refining and Marketing Company and changed its name to Valero Energy Corporation in August 1997. Valero Energy Corporation was founded in 1955 and is based in San Antonio, Texas.
- [By Ben Levisohn]
Refiners like Phillips 66 (PSX), Valero Energy (VLO), Holly Frontier (HFC), Marathon Petroleum (MPC) and Tesoro (TSO) had a painful start to the year. The pain might be about to turn to gain, according to Barclays.
- [By Paul Ausick]
Kinder Morgan says the plant will cost $370 million, about 80% to 90% less than a full-blown refinery. Valero Energy Corp. (NYSE: VLO) and Phillips 66 (NYSE: PSX) have both indicated they may follow Kinder Morgan’s lead and build splitter plants of their own.
- [By Ben Levisohn]
The S&P 500 was led higher by Valero Energy (VLO), which rose 10% to $52.99, and Lorillard (LO), which gained 8% to $52.99 on speculation it would be taken over by. The Dow’s big winners included Goldman Sachs (GS), which advanced 4.7% to $174.26 after it named Apple’s (AAPL) CFO to its board, and JPMorgan Chase (JPM), which climbed 4.5% to $59.40.
Top Safest Companies To Watch In Right Now: NCR Corp (NCR)
NCR Corporation (NCR), incorporated on January 02, 1926, is a technology company, which provides products and services, which enable businesses to connect, interact and transact with their customers and enhance their customer relationships by addressing consumer demand for convenience, value and individual service. NCR’s portfolio of self-service and assisted-service solutions serve customers in the financial services, retail, hospitality, travel and gaming and entertainment industries and include automated teller machines (ATMs), self-service kiosks and point of sale (POS) devices, as well as software applications, which can be used by consumers to enable them to interact with businesses from their computer or mobile device. NCR complements these product solutions by offering a portfolio of services to help customers design, deploy and support its technology tools. NCR also resells third-party networking products and provides related service offerings in the telecommuni cations and technology sectors. The Company operates in four segments: Financial Services, Retail Solutions, Hospitality (formerly Hospitality and Specialty Retail), and Emerging Industries. Its product and service offerings include ATMs and Other Financial Products, Self-Service Kiosks, Point of Sale, Check and Document Imaging, Services, and Consumables. In June 2012, the Company acquired POS Integrated Solutions, a reseller of the NCR Aloha solution for restaurants; Wyse Sistemas de Informatica Ltda., a provider of software solutions, including the Colibri suite of hospitality software, and Radiant Distribution Solutions (RDS), a NCR Hospitality hardware distribution partner. In June 2012, Coinstar, Inc.’s wholly owned subsidiary, Redbox Automated Retail, LLC, acquired certain assets of the Company’s self-service entertainment DVD kiosk business. In November 2012, NCR acquired Retalix Ltd. In January 2013, the Company purchased uGenius Technology, Inc. In February 201 3, the Company acquired Retalix Ltd. In January 2014, NCR Co! rp completed the acquisition of Digital Insight Corporation.
ATMs and Other Financial Products
The Company provides financial institutions, retailers and independent deployers with financial-oriented self-service technologies, such as ATMs, cash dispensers, and software solutions, including the APTRA application suite as well as consulting services related to ATM security, software and bank branch optimization. ATM and other financial product solutions are designed to quickly and reliably process consumer transactions and incorporate advanced features such as automated check cashing/deposit, automated cash deposit, Web-enablement and bill payment (including mobile bill payment).
Point of Sale
The Company provides retail and hospitality oriented technologies such as point of sale terminals, bar-code scanners, software and services to companies and venues worldwide. Combining its retail and hospitality industry, software and hardware technologies, and consulting services, its solutions are designed to enable cost reductions and improve operational efficiency while increasing customer satisfaction.
The Company provides self-service kiosks to the retail, hospitality, travel and gaming, and entertainment industries and also owns and operates self-service kiosks in the entertainment industry. Its versatile kiosk solutions can support retail self-service functions, including self-checkout, wayfinding, bill payment and gift registries. It provides self check in/out kiosk solutions to airlines, hotels and casinos, which allows guests to check-in/out without assistance. These solutions create pleasant and convenient experiences for consumers and enable its customers to reduce costs. Its kiosks for the hospitality industry provide consumers the ability to order and pay at restaurants while enabling its customers to streamline order processing and reduce opera ting costs.
Check and Document Imaging
The ! Company’s check and document imaging offerings provide end-to-end solutions for both traditional paper-based and image-based check and item processing. These solutions utilize advanced image recognition and workflow technologies to automate item processing, helping financial institutions efficiency and reduce operating costs. Consisting of hardware, software, consulting and support services, its comprehensive check and document imaging solutions enable check and item-based transactions to be digitally captured, processed and retained within a flexible, scalable environment.
The Company develop, produce and market a complete line of printer consumables for various print technologies. These products include two-sided thermal paper (2ST), paper rolls for receipts in ATMs and POS solutions, inkjet and laser printer supplies, thermal transfer and ink ribbons, labels, laser documents, business forms, and specialty media items such as photo and presentation papers. Consumables are designed to optimize operations and improve transaction accuracy, while reducing overall costs.
The Company provides maintenance and support services for its product offerings and also provides other services, including site assessment and preparation, staging, installation and implementation, systems management and complete managed services. It also offers a range of software and services, such as Software-as-a-Service, hosted services, and online, mobile and transactional services and applications, such as bill pay and digital signage. In addition, it is also focused on expanding the resale of third party networking products and related service offerings to a base of customers in the telecommunications and technology sectors and servicing third-party computer hardware from select manufacturers.
The Company competes with Diebold, Inc., Wincor Nixdorf GmbH & Co., Hyosung, IBM, Wincor, Fujitsu , Hewlett-Packard, ToshibaTec, Dell, Honeywell, Micros Syste! ms, Verif! one, Datalogic, SITA and IER.
- [By Lee Jackson]
NCR Corp. (NYSE: NCR) is an old-school name with new world technology. The company is the global leader in consumer transaction technologies, turning everyday interactions with businesses into exceptional experiences. With its software, hardware, and portfolio of services, NCR enables more than 485 million transactions daily across retail, financial, travel, hospitality, telecom and technology and small business. NCR solutions run the everyday transactions that make life easier. The J.P. Morgan price target for the stock is a large $48, and the consensus target is $42.60. NCR closed Tuesday at $34.47.
- [By MARKETWATCH]
SAN FRANCISCO (MarketWatch) — Wall Street hedge-fund investor David Einhorn was active in the last quarter of 2013, taking new stakes in technology and energy companies, while trimming existing holdings in insurer Aetna (AET) , NCR Corp (NCR) and WPX Energy (WPX) , according to an SEC filing Friday. Einhorn’s Greenlight Capital picked up stakes in Anadarko Petroleum (APC) , BP (BP) , McDermott Intl. (MDR) , Micron Technolgy (MU) and Take-Two Interactive (TTWO) , according to the latest 13F filing. He trimmed stakes in Aetna, Einstein Noah (BAGL) and WPX Energy, according to the filing.
- [By Jake L’Ecuyer]
Equities Trading DOWN
Shares of NCR Corp (NYSE: NCR) fell on Friday’s session, dropping 8.40 percent to $32.04 despite beating on earnings Thursday after the company guided its fiscal year 2014 EPS guidance below street expectations.
Top Safest Companies To Watch In Right Now: Western Gas Equity Partners LP (WGP)
Western Gas Equity Partners, LP, incorporated on September 11, 2007, was formed to own three types of partnership interests in Western Gas Partners, LP (WES). WES is a limited partnership formed by Anadarko Petroleum Corporation to own, operate, acquire and develop midstream energy assets. As of December 31, 2011, the Company had no independent operations. On January 13, 2012, WES acquired 100% interest of Mountain Gas Resources LLC (MGR). On August 1, 2012, WES acquired 24% interest of Chipeta Processing LLC (Chipeta).
WES is engaged in the business of gathering, processing, compressing, treating and transporting natural gas, condensate, natural gas liquids (NGLs) and crude oil for Anadarko, as well as third-party producers and customers. The assets of WGP, through its partnership interests in WES, include thirteen gathering systems, seven natural gas treating facilities, ten natural gas processing facilities, two NGL pipelines, one interstate gas pipeline, one intrastate gas pipeline, and three separate interests in Fort Union, White Cliffs Pipeline, LLC (White Cliffs) and Rendezvous Gas Services, LLC (Rendezvous). These assets are located in East and West Texas, the Rocky Mountains (Colorado, Utah and Wyoming), and the Mid-Continent (Kansas and Oklahoma). WES also has facilities under construction in South Texas and northeast Colorado. During the year ended December 31, 2011, WES completed the construction of a cryogenic processing train at its Chipeta facility , which had a designed capacity of approximately 300 million cubic feet of natural gas per day and was placed into service in October 2012.
- [By Jonas Elmerraji]
The exact same setup is potentially giving traders a reason to jump into shares of $8.5 billion midstream gas company Western Gas Equity Partners (WGP). Just like Flotek, WGP is forming a textbook channel up. And this week, Western Gas is testing trendline support.
It’s a little too early to call WGP’s trendline buyable here. At some point, all trends eventually fail — and when this one does, you don’t want to be left holding the bag. A bounce this week will be a good indication that WGP can still catch a bid at this price level. When and if that happens, I’d recommend keeping a tight protective stop in place just below WGP’s most recent swing low at $38.
While the 50-day moving average has been crossing paths with WGP quite a bit in the last month, I’d recommend ignoring it. The average hasn’t acted as a meaningful support or resistance level to date. In the case of this particular name, it’s just not technically relevant.