NEW YORK (TheStreet) -- I don't want to nitpick, but you have to work extremely hard to find any disparaging points about Exxon Mobil's (XOM) business, especially when the company is second only to Apple (AAPL) in the race to be the largest company in the world according to market cap.
As much in love as I have been with Chevron (CVX), Exxon has no rival when assessing its ability to convert oil and gas into cash flow and dividends. Not to mention, its impressive history of returns on capital. But the company has been far from flawless.
Lately, Exxon has been dealing with some operational deficiencies, which have worried investors. Not only has management dealt with rising costs, but also energy projects -- which have in the past generated strong returns -- have underperformed. And weak production growth, particularly in North America, has threatened the company's long-term status as an energy power.
Top 5 Rising Stocks To Invest In 2015: RCM Technologies Inc.(RCMT)
RCM Technologies, Inc., together with its subsidiaries, engages in the design, development, and delivery of business and technology solutions for commercial and government sectors in North America. It operates through three segments: Information Technology (IT), Engineering, and Commercial Services. The IT segment provides enterprise business solutions, application services, infrastructure solutions, competitive advantage and productivity solutions, and life sciences solutions. The Engineering segment offers engineering and design, engineering analysis, engineer-procure-construct, configuration management, hardware/software validation and verification, quality assurance, technical writing and publications, manufacturing process planning and improvement, reliability centered maintenance, component and equipment testing, and risk management engineering services. The Commercial Services segment provides long-term and short-term staffing, executive search, and placement servic es in various fields, including rehabilitation, nursing, managed care, allied health care, health care management, and medical office support, as well as offers in-patient, outpatient, sub-acute and acute care, multilingual speech pathology, rehabilitation, geriatric, pediatric, and adult day care services to hospitals, long-term care facilities, schools, sports medicine facilities, and private practices. This segment also offers contract and temporary services, and permanent placement services for full-time and part-time personnel in various functional areas, including office, clerical, data entry, secretarial, light industrial, shipping, receiving, and general warehousing. The company offers its services to aerospace/defense, energy, financial services, life sciences, manufacturing and distribution, public sector, and technology industries. RCM Technologies, Inc. was founded in 1971 and is based in Pennsauken, New Jersey.
Advisors' Opinion: - [By CRWE]
RCM Technologies, Inc. (Nasdaq:RCMT) reported that primarily due to unexpected and extended client procedural delays in awarding certain engagements under an existing contract with a major North American utility, the Company’s second quarter revenues and operating income will fall short of its expectations.
Top 5 Rising Stocks To Invest In 2015: Bio-Reference Laboratories Inc.(BRLI)
Bio-Reference Laboratories, Inc. provides clinical laboratory testing services for the detection, diagnosis, evaluation, monitoring, and treatment of diseases primarily in the greater New York metropolitan area. It offers various chemical diagnostic tests, including blood and urine analysis, blood chemistry, hematology services, serology, radio-immuno analysis, toxicology, pap smears, tissue pathology, and other tissue analysis. The company also operates a clinical knowledge management service unit, which uses customer data from laboratory results, pharmaceutical data, claims data, and other data sources to provide administrative and clinical decision support systems. In addition, it operates a Web-based connectivity portal solution for laboratories and physicians to provide laboratory ordering and results to physician customers. The company provides its services directly to physicians, geneticists, hospitals, clinics, and correctional and other health facilities. Bio-Refe rence Laboratories, Inc. was founded in 1981 and is headquartered in Elmwood Park, New Jersey.
Advisors' Opinion: - [By Ben Levisohn]
As a result, LabCorp has dropped 11% to $87.79 and has helped drag down competitors like Quest Diagnostics (DGX), and BioReference Laboratories (BRLI).
- [By Geoff Gannon] strong>DreamWorks (DWA)
Read these reports. Look for something that might have interested me. Why would Geoff look at DNB, Chuck E. Cheese, etc.? What got him interested in the stock? Do I see the same thing?
Whenever possible, also read the quarterly earnings call transcripts. You can listen to them too. But it�� easier if you read them and listen to them.
Just listening is a bad idea.
Whenever I can get a transcript of anything ��even Warren Buffett�� appearance on CNBC ��I��l keep a copy of the transcript even when I have a copy of the video (or audio). You can refer back to a transcript easily. You can highlight. You can take notes.
Taking Notes
Now, you are doing those things when reading an annual report, right?
You never just sit down and read an annual report. You always sit down with a pen, a highlighter, a pad of paper, and a calculator. Use the margins of a 10-K ��or your pad of paper ��to jot down notes. Ask questions. Do calculations.
If you ever see a 10-K after I��e read it ��it�� not very white anymore. There�� lots of stuff written in the margins. Mostly it�� questions I was asking myself. But it�� also calculations of numbers the company does not provide.
Numbers to Know
So, for example, in a bank�� 10-K I always write down:
路 Deposits per share
路 Deposits per branch
路 Cost of deposits
路 Texas Ratio
You can actually look up the Texas Ratio of any bank here. And some banks calculate and report cost of deposits the way I like to think about it. But, it�� not common for banks to report deposits per branch ��although small banks will sometimes mention (perhaps in the shareholder letter) what their biggest branch has in deposits. Others may mention how quickly new branches achieved a deposit milestone.
Those are the kinds of numbers I write in the margins of a bank�� 10-K. There will be questions like: ��hy is e
- [By Lauren Pollock]
Bio-Reference Laboratories Inc.(BRLI) projected fiscal-fourth quarter earnings below expectations and also gave a cautious view for the recently started fiscal year. The clinical-testing company said it has been under pressure from reimbursement rates, higher costs stemming from upgrading acquisitions in Florida and California, as well as substantial start-up costs for its inherited cancer program.
Flowserve Corporation, incorporated on May 1, 1912, is a manufacturer and aftermarket service provider of flow control systems. The Company develops and manufacture precision-engineered flows control equipment integral to the movement, control and protection of the flow of materials in its customers' critical processes. The Company operates in three segments: Engineered Product Division (EPD), which includes long leads time, custom and other engineered pumps and pump systems, mechanical seals, auxiliary systems and replacement parts and related services, Industrial Product Division (IPD), which includes pre-configured engineered pumps and pump systems and related products and services, and Flow Control Division (FCD), which includes engineered and industrial valves, control valves, actuators and controls and related services. Effective December 10, 2013, Flowserve Corp acquired Innovative Mag-Drive LLC.
Through the Company's manufacturing platform and global network of Quick Response Centers (QRCs), the Company offers an array of aftermarket equipment services, such as installation, advanced diagnostics, repair and retrofitting. The Company's product portfolio of pumps, valves, seals, automation and aftermarket services supports global infrastructure industries, including oil and gas, chemical, power generation and water management, as well as certain general industrial markets where the Company's products and services add value. The Company sells its products and services to more than 10,000 companies, including some of the engineering, procurement and construction firms (EPC), original equipment manufacturers, distributors and end users.
Engineered Product Division
The Company designs, manufactures, distributes and services engineered pumps and pumps systems, mechanical seals, auxiliary systems, replacement parts and related equipment. The business primarily consists of long lead time, engineered, configured products, which require extensive test requirements a! nd project management skills. EPD products and services are primarily used by companies that operate in the oil and gas, power generation, chemical, water management and general industries. The Company markets its pump and mechanical seals products through its global sales force and its regional QRCs and service and repair centers or through independent distributors and sales representatives. A portion of the Company's mechanical seal products are sold directly to original equipment manufacturers for incorporation into rotating equipment requiring mechanical seals. The Company's pump products are manufactured in a range of metal alloys and with a variety of configurations to meet the critical operating demands of the Company's customers.
The Company also manufactures a gas-lubricated mechanical seal that is used in high-speed compressors for gases pipelines and in the oil and gas production and process markets. The Company's products are manufactured at 29 plants worldwide, nine of which are located in Europe, 11 in North America, four in Asia Pacific and five in Latin America. The Company also conducts business through strategic foreign joint ventures. The Company has six unconsolidated joint ventures that are located in China, India, Japan, Saudi Arabia, South Korea and the United Arab Emirates, where a portion of its products are manufactured, assembled or serviced in these territories. The Company manufactures more than 40 different active types of pumps and approximately 185 different models of mechanical seals and sealing systems.
The Company's EPD products include between bearings pumps, which include single case- axially split, single case- radially split, double case; overhung pumps, which includes api process; positive displacement pumps, which includes multiphase, reciprocating and screw; mechanical seals and seal support systems, which includes gas barrier seals and dry-running seals, and specialty products, which includes nuclear pumps, nuclear seals, cryogenic p! umps, cry! ogenic liquid expander, hydraulic decoking systems, and API slurry pumps. The Company�� EPD Brand Names include BW Seals, Byron Jackson, Calder Energy Recovery Devices, Cameron, Durametallic, Five Star Seal, Jeumont-Schneider, and Interseal. EPD Services includes provision of engineered aftermarket services through its global network of 128 QRCs, some of which are co-located in manufacturing facilities, in 41 countries. Its EPD service personnel provide a comprehensive set of equipment services for flow management control systems, including installation, commissioning, repair, advanced diagnostics, re-rate and retrofit programs, machining and comprehensive asset management solutions. The Company provides asset management services and condition monitoring for rotating equipment through special contracts with many of its customers that reduce maintenance costs.
Industrial Product Division
The Company designs , manufactures, distributes and services pre-configured engineered pumps and pumps systems, including submersible motors, for industrial markets. IPD's standardized, general purpose pump products are primarily utilized by the oil and gas, chemical, water management, power generation and general industries. The Company's products are manufactured in 12 manufacturing facilities, three of which are located in the United States and six in Europe. IPD operates 20 QRCs worldwide, including 11 sites in Europe, three in the United States , five in Asia Pacific and one in Latin America. The Company manufactures approximately 40 different active types of pumps available in a wide range of metal alloys and non-metallics with a variety of configurations. The products includes Overhung, which includes Chemical Process ANSI and ISO, Industrial Process , and Slurry and Solids Handling ; Specialty Products, which includes Molten Salt VTP Pump, Submersible Pump, Thruster, Geothermal Deepwell, and Barge Pump; Between Bearings, which includes Single Case- Axially Split and Single Case- Radia! lly Split! ; Vertical, which includes Wet Pit, Deep Well Submersible Motor, Slurry and Solids Handling, and Sump; Positive Displacement, which includes Gear. The Company�� brands include Aldrich, Durco, IDP, Pacific, Pleuger, Scienco, Sier Bath, Western Land Roller, TKL, Worthington, and Worthington-Simpson. The Company markets its pump products through its worldwide sales force and its regional service and repair centers or through independent distributors and sales representatives. The Company provide an array of aftermarket services including product installation and commissioning services, spare parts, repairs, re-rate and upgrade solutions, advanced diagnostics and maintenance solutions through its global network of QRCs.
Flow Control Division
The Company�� FCD designs, manufactures, distributes and services a portfolio of industrial valve and automation solutions, including isolation and control valves, actuation, controls and related equipment. In addition, FCD offers energy management products, such as steam traps, boiler controls and condensate and energy recovery systems. FCD products are used to control, direct and manage the flow of liquids and gases and are an integral part of any flow control system. The Company's valve products are often customized and engineered to perform specific functions within each customer's unique flow control environment. The Company's flow control products are primarily used by companies operating in the chemical (including pharmaceutical), power generation (nuclear, fossil and renewable), oil and gas, water management and general industries (including aerospace, pulp and paper and mining). FCD has 58 sites worldwide, including 25 principal manufacturing facilities ( five of which are located in the United States and 13 of which are located in Europe) and 33 QRCs, including three consolidated joint ventures. A small portion of the Company's valves are also produced through an unconsolidated joint venture in India.
The Company's pr! oducts ar! e used in a variety of applications, from general service to the severe and demanding services, including those involving high levels of corrosion, extreme temperatures and/or pressures, zero fugitive emissions and emergency shutdown. The Company's smart valve and diagnostic technologies integrate sensors, microprocessor controls and software into high performance integrated control valves, digital positioners and switchboxes for automated on/off valve assemblies and electric actuators. These technologies permit real-time system analysis, system warnings and remote indication of asset health. These technologies have been developed in response to the growing demand for reduced maintenance, improved process control efficiency and digital communications at the plant level. The Company's valve automation products encompass a range of pneumatic, electric, hydraulic and stored energy actuation designs to take advantage of whatever power source the customer has available.
The Company�� products includes valve automation systems, control valves, ball valves, gate valves, globe valves, check valves, lined plug valves, lubricated plug valves, diagnostic software, digital positioners, pneumatic positioners, intelligent positioners, pneumatic actuators, hydraulic actuators, diaphragm actuators, direct gas and gas-over-oil actuators. steam traps, boiler controls, digital communications, and valve and automation repair services. The Company�� brands include Accord, Anchor/Darling, Argus, Atomac, Durco, Edward, Flowserve, Gestra, Kammer, Limitorque, McCANNA/MARPAC, NAF, NAVAL, Noble Alloy, Norbro, Nordstrom, PMV, Serck Audco, Schmidt Armaturen, Valbart, Valtek, Vogt, and Worcester Controls. The Company provides equipment maintenance services for flow control systems, including advanced diagnostics, repair, installation, commissioning, retrofit programs and field machining capabilities.
The Company competes with Sulzer Pumps, Ebara Corp., SPX Corp., Eagle Burgmann, A. W. Chesterton Co. an! d AES Cor! p, John Crane Inc., and Weir Group Plc, ITT Industries, KSB Inc., Sulzer Pumps, Pentair Ltd., Cameron International Corp., Emerson Electric Co., General Electric Co. and Crane Co.
Advisors' Opinion: - [By Charles Carlson]
If you are new to DRIP investing, treat yourself to a few DRIPs this holiday season. Trust me��t'll change your life.
American Water Works (AWK)��ielding 2.7% with a DRIP minimum of $100
Cincinnati Financial (CINF)��ielding 3.2% with a DRIP minimum of $25
CVS Caremark (CVS)��ielding 1.4% with a DRIP minimum of $100
Dominion Resources (D)��ielding 3.4% with a DRIP minimum of $40
Domino's Pizza (DPZ)��ielding 1.2% with a DRIP minimum of $65
Eaton (ETN)��ielding 2.3% with a DRIP minimum of $100
Flowserve (FLS)��ielding 0.8% with a DRIP minimum of $100
Kellogg (K)��ielding 3.0% with a DRIP minimum of $50
New Jersey Resources (NJR)��ielding 3.7% with a DRIP minimum of $100
Quest Diagnostics (DGX)��ielding 2.0% with a DRIP minimum of $100
Tim Hortons (THI)��ielding 1.7% with a DRIP minimum of $25
Subscribe to Dow Theory Forecasts here��/p>
- [By Ben Levisohn]
Xylem’s big day has also boosted other water-infrastructure stocks. Flowserve (FLS) has gained 1.2% to $70.59, Idex Corp. (IEX) has risen 0.5% to $68.69 and Thermo Fisher Scientific (TMO) has advanced 0.4% t0 $98.22.
- [By Damon Churchwell]
Increasing sales and margins
A second, even larger, flow technology company to consider is Flowserve (NYSE: FLS ) . The company's flow control systems are utilized by a wide range of industries, led by oil & gas, chemicals, and power generation.
Top 5 Rising Stocks To Invest In 2015: Unisys Corporation (UIS)
Unisys Corporation provides information technology (IT) services, software, and technology that solve mission-critical problems for clients worldwide. It operates in two segments, Services and Technology. The Services segment provides outsourcing services, including management of customers� data centers, computer servers, and end-user computing environments, as well as specific business processes; systems integration and consulting services, such as assessing the security and cost effectiveness of clients� IT systems and enabling them to design, integrate, and modernize mission-critical applications; infrastructure services consisting of design, warranty, and support services for its customers� IT infrastructure, such as networks, desktops, servers, and mobile and wireless devices; and maintenance services. The Technology segment designs and develops servers and related products consisting of enterprise-class servers, which comprise the ClearPath family of servers and t he ES7000 family of Intel-based servers, as well as operating system software and middleware; and provides data center, infrastructure management, and cloud computing offerings for clients to virtualize and automate their data-center environments. The company serves public sector; financial services; and other commercial markets comprising communications and transportation. Unisys Corporation markets its products and services primarily through direct sales force, as well as through distributors and alliance partners. Unisys Corporation was founded in 1886 and is headquartered in Blue Bell, Pennsylvania.
Advisors' Opinion: - [By Monica Gerson]
Unisys (NYSE: UIS) is estimated to post its Q3 earnings at $0.40 per share on revenue of $854.13 million.
Harley-Davidson (NYSE: HOG) is expected to report its Q3 earnings at $0.73 per share on revenue of $1.17 billion.
- [By Alex Planes]
Originally built by Eckert and Mauchly under their own brand, UNIVAC proved so costly and time-consuming to develop that the duo sold their business to Remington-Rand -- which still operates in the computing industry today as Unisys (NYSE: UIS ) -- before completing the project. UNIVAC was designed from the ground up for business use rather than scientific calculation, and represented the first real digital threat to IBM's (NYSE: IBM ) punched-card tabulators, which had been the Census Bureau's preferred number-crunching tools for decades. However, their astronomically high cost -- $750,000 for the eight-ton machine and another $185,000 for the high-speed printer -- kept UNIVAC from becoming a big-business hit, even after it nailed the results of President Dwight Eisenhower's landslide 1952 election victory with only 1% of the vote recorded. That wasn't for lack of trying on Remington Rand's part:
- [By Evan Niu]
What: Shares of Unisys (NYSE: UIS ) have popped by as much as 13% today after the company reported earnings.
So what: Revenue of $859 million crushed the consensus estimate of $838 million. The bottom line also beat, but by less. Unisys posted non-GAAP earnings per share of $0.91, slightly ahead of the $0.90-per-share forecast.
Top 5 Rising Stocks To Invest In 2015: E.I. du Pont de Nemours and Company(DD)
E. I. du Pont de Nemours and Company operates as a science and technology company worldwide. It operates in seven segments: Agriculture & Nutrition, Electronics & Communications, Performance Chemicals, Performance Coatings, Performance Materials, Safety & Protection, and Pharmaceuticals. The Agriculture & Nutrition segment provides hybrid seed corn and soybean seed, herbicides, fungicides, insecticides, value enhanced grains, and soy protein under the Pioneer brand name. The Electronics & Communications segment supplies materials and systems for photovoltaic products, consumer electronics, displays, and advanced printing. The Performance Chemicals segment offers fluorochemicals, fluoropolymers, specialty and industrial chemicals, and white pigments for various markets, such as plastics and coatings, textiles, mining, pulp and paper, water treatment, and healthcare. The Performance Coatings segment supplies high performance liquid and powder coatings for motor vehicle origi nal equipment manufacturers (OEM); the motor vehicle after-market; and general industrial applications, such as such as coatings for heavy equipment, pipes and appliances, and electrical insulation. The Performance Materials segment provides polymers, elastomers, films, parts, and systems and solutions for the automotive OEM and associated after-market industries, as well as electrical, electronics, packaging, construction, oil, photovoltaics, aerospace, chemical processing, and consumer durable goods. The Safety & Protection segment primarily offers nonwovens, aramids, and solid surfaces for the construction, transportation, communications, industrial chemicals, oil and gas, electric utilities, automotive, manufacturing, defense, homeland security, and safety consulting industries. The Pharmaceuticals segment represents its interest in the collaboration relating to Cozaar/Hyzaar antihypertensive drugs. The company was founded in 1802 and is headquartered in Wilmington, Dela ware.
Advisors' Opinion: - [By Paul Ausick]
E.I. du Pont de Nemours and Co. (NYSE: DD), opened at about 0.2% lower Monday morning and closed down 1.27% at $62.97. The stock�� 52-week range is $45.41 to $65.00, and the high was set on just last week. Volume was about 18% below the daily average of around 3.9 million shares traded.
- [By WALLSTCHEATSHEET]
DuPont provides innovative chemical solutions to companies to companies that operate in a multitude of industries worldwide. The stock has been fairly stagnant for most of the last few years and is now trading near the top of its range. Over the last four quarters, investors in the company have had mixed feelings as earnings and revenue figures have been mostly decreasing. Relative to its peers and sector, DuPont has been a year-to-date performance leader. WAIT AND SEE what DuPont does this coming quarter.
Top 5 Rising Stocks To Invest In 2015: Rofin-Sinar Technologies Inc.(RSTI)
Rofin-Sinar Technologies Inc., together with its subsidiaries, engages in the design, development, engineering, manufacturing, and marketing of laser-based products worldwide. The company offers laser macro products to machine tool and automotive markets for cutting and welding of metals. It also provides laser marking products to semiconductor and electronics markets for the marking of integrated circuits, wafers, solar cells, electronic components, and smart cards, as well as to automotive markets for the marking of labels and car components. In addition, the company offers laser micro products for fine welding, fine cutting, micro structuring, and drilling applications in medical devices, semiconductor and electronics, photovoltaic, dental, and jewelry markets; and for perforating and scribing of paper and foils in packaging and paper industries. Further, it provides components to laser industry. The company sells its products in approximately 65 countries to original e quipment manufacturers, systems integrators, and industrial end-users. Rofin-Sinar Technologies Inc. was founded in 1975 and is based in Plymouth, Michigan.
Advisors' Opinion: - [By Brian Stoffel]
Rofin-Sinar (NASDAQ: RSTI ) , Coherent (NASDAQ: COHR ) , Newport (NASDAQ: NEWP ) , and JDS Uniphase (NASDAQ: JDSU ) all offer fiber-optic lasers as well.
- [By Brian Stoffel]
For decades, the standard technology in the laser industry has been the carbon-based laser. In reality, these lasers are still commonly used, and sold in bulk by the likes of Rofin-Sinar (NASDAQ: RSTI ) and Coherent (NASDAQ: COHR ) . They are used largely for precision cutting of large pieces of metal.
Top 5 Rising Stocks To Invest In 2015: Alliance Data Systems Corporation (ADS)
Alliance Data Systems Corporation, together with its subsidiaries, provides data-driven and transaction-based marketing, and customer loyalty solutions primarily in the United States and Canada. The company operates in three segments: LoyaltyOne, Epsilon, and Private Label Services and Credit. The LoyaltyOne segment includes AIR MILES Reward Program that enables consumers to earn AIR MILES reward miles as they shop within a range of retailers and other sponsors participating in the AIR MILES Reward Program; and offers loyalty services, including loyalty consulting, customer analytics, and creative services. The Epsilon segment provides integrated direct marketing solutions, which combine database marketing technology and analytics with a range of direct marketing services comprising email marketing campaigns. This segment's products and services consist of marketing database services, analytical services, strategic consulting and creative services, proprietary data service s, and digital communications. The Private Label Services and Credit segment encompasses credit card processing, billing and payment processing, customer care and collections services for private label retailers, as well as private label retail credit card receivables financing, including securitization of the credit card receivables that it underwrites from its private label retail credit card programs. The company serves financial services, specialty retail, grocery and drugstore chains, petroleum retail, technology, hospitality and travel, media, and pharmaceuticals end markets. Alliance Data Systems Corporation was founded in 1996 and is headquartered in Plano, Texas.
Advisors' Opinion: - [By Rich Duprey]
Loyalty and marketing specialist Alliance Data Systems (NYSE: ADS ) grabbed a tiger by the tail with a multiyear agreement to�provide private label credit card services�to�Systemax (NYSE: SYX ) subsidiary TigerDirect.
- [By Tom Taulli]
A key to Facebook�� monetization success has been the company�� aggressive investments in ad technologies. For example, by leveraging third-party data sources — such as from Datalogix, Acxiom (ACXM) and Alliance Data Systems (ADS) — it has been able to provide analytics on the performance of ad campaigns. On the Q4 earnings call, Facebook COO Sheryl Sandberg said the average return on News Feed ads was an incredible 8x.
- [By Louis Navellier]
Alliance Data Systems (ADS) is in the business of helping other companies build customer loyalty. The company operates three main segments: LoyaltyOne, Epsilon and Private Label Services.
Top 5 Rising Stocks To Invest In 2015: Dice Holdings Inc. (DHX)
Dice Holdings, Inc. provides specialized career Websites and career fairs for professional communities. Its career Websites serve as online marketplaces where employers and recruiters find and recruit prospective employees, and where professionals find relevant job opportunities and information. The company's Tech and Clearance segment operates Dice.com, a recruiting and career development Website for technology and engineering professionals in the United States; and ClearanceJobs.com, an Internet-based career network to matching security-cleared professionals with hiring companies searching for employees. This segment also includes Slashdot Media, which comprises Websites, such as Slashdot, a user-generated news, analysis, peer question, and professional insight community; SourceForge, an online destination for technology professionals and enthusiasts to develop, download, review, and publish Open Source software; and Freecode that indexes downloadable Linux, Unix, and cr oss-platform software for a worldwide technology audience. Its Finance segment operates eFinancialCareers.com, a recruiting and career development Website for financial market professionals and financial services industry worldwide. The company's Energy segment operates Rigzone.com, a career Website that delivers online content, data, advertising, and career services for the oil and gas industry. Its Other segment includes Targeted Job Fairs, which produce and host career fairs and open houses focused primarily on technology, energy, and security-cleared candidates; Health Callings, a recruiting and career development Website for healthcare professionals; and WorkDigital, a technology company focused on the recruitment industry. The company serves staffing companies, recruiting agencies, consulting firms, and marketing departments of companies, as well as small, mid-sized, and large direct employers. Dice Holdings, Inc. was founded in 1991 and is headquartered in New York, N ew York.
Advisors' Opinion: - [By gurujx]
Dice Holdings Incorporated (DHX) Reached the 3-year Low of $7.16
The prices of Dice Holdings Incorporated (DHX) shares have declined to close to the 3-year low of $7.16, which is 62.9% off the 3-year high of $18.75.
Top 5 Rising Stocks To Invest In 2015: Fifth Street Finance Corp (FSC)
Fifth Street Finance Corp. is a specialty finance company that lends to and invests in small and mid-sized companies in connection with investments by private equity sponsors. The Company�� investment objective is to maximize its portfolio's total return by generating current income from its debt investments and capital appreciation from its equity investments. As of September 30, 2011, 90.9% of its portfolio consisted of debt investments that were secured by first or second priority liens on the assets of its portfolio companies. As of September 30, 2011, it held equity investments consisting of common stock, preferred stock or other equity interests in 27 out of 65 portfolio companies. It is managed and advised by Fifth Street Management LLC. In June 2013, Fifth Street Finance Corp. announced that it has closed its portfolio company acquisition of Healthcare Finance Group, LLC (HFG).
Investments
The Company tailors the terms of its debt investments to the facts and circumstances of the transaction and prospective portfolio company. As of September 30, 2011, it directly originated a majority of its debt investments. It is focusing its origination efforts on first lien, second lien and subordinated loans. Its first lien loans have terms of four to six years, provide for a variable or fixed interest rate, contain prepayment penalties and are secured by a first priority security interest in all existing and future assets of the borrower. Its first lien loans may take many forms, including revolving lines of credit, term loans and acquisition lines of credit. Its second lien loans have terms of four to six years, provide for a fixed interest rate, contain prepayment penalties and are secured by a second priority security interest in all existing and future assets of the borrower. Its second lien loans often include payment-in-kind (PIK), interest, which represents contractual interest accrued and added to the principal that generally becomes due at maturity. Its unsecured inve! stments have terms of five to six years and provide for a fixed interest rate. It may make unsecured investments on a stand-alone basis, or in connection with a senior secured loan, a junior secured loan or a one-stop financing. Its unsecured investments may include payment-in-kind (PIK), interest, which represents contractual interest accrued and added to the principal that becomes due at maturity, and an equity component, such as warrants to purchase common stock in the portfolio company.
In addition, the Company from time to time non-control, equity co-investments in connection with private equity sponsors. It structures equity investments, such as direct equity co-investments, to provide the Company with minority rights provisions and event-driven put rights. The Company make investments in the private equity funds of certain of its equity sponsors. It makes these investments where it has a long term relationship and is comfortable with the sponsor�� business model and investment strategy. As of September 30, 2011, it had investments in six private equity funds, which represented less than 1% of the fair value of its assets as of such date.
Portfolio Management
As a business development company, the Company offers managerial assistance to its portfolio companies and to provide it if requested. It monitors the financial trends of each portfolio company to assess the appropriate course of action for each company and to evaluate overall portfolio quality. It has several methods of evaluating and monitoring the performance of its investments, which includes review of monthly and quarterly financial statements and financial projections for portfolio companies; periodic and regular contact with portfolio company management; attendance at board meetings; periodic formal update interviews with portfolio company management, and assessment of business development, including product development, profitability and the portfolio company�� overall adherence to its busine! ss plan.
In addition to various risk management and monitoring tools, the Company uses an investment rating system to characterize and monitor the credit profile and expected level of returns on each investment in itd portfolio. It uses a five-level numeric rating scale. In the event that it determines that an investment is underperforming, or circumstances suggest that the risk associated with a particular investment has significantly increased, it monitors the effected portfolio company.
Valuation of Portfolio Investments
As a business development company, the Company invests in illiquid securities, including debt and equity investments of small and mid-sized companies. The Company perform valuations of its debt and equity investments on an individual basis, using market, income, and bond yield approaches as appropriate. Under the market approach, it estimates the enterprise value of the portfolio companies, in which it invests. To estimate the enterprise value of a portfolio company, it analyze various factors, including the portfolio company�� historical and projected financial results. It requires portfolio companies to provide annual audited and quarterly and monthly unaudited financial statements, as well as annual projections for the upcoming fiscal year.
Under the income approach, the Company prepares and analyze discounted cash flow models based on projections of the future free cash flows of the business. Under the bond yield approach, it uses bond yield models to determine the present value of the future cash flow streams of its debt investments. It reviews various sources of transactional data, including private mergers and acquisitions involving debt investments with similar characteristics, and assess the information in the valuation process.
Advisors' Opinion: - [By Amanda Alix]
With higher interest rates in the air, some of these companies point out that they have taken steps to plan for just such an occurrence. Fifth Street Finance (NASDAQ: FSC ) , in its June newsletter, tells its investors that its portfolio stands to gain from an upswing in short-term rates, since the loans they make tend to be of the floating rate variety, and the company's borrowing costs are fixed.
- [By Bryan Perry] Popular Posts: Trade of the Day: Groupon (GRPN)Lloyds (LYG): A Sweet Stock Across the PondDoes Fifth Street Finance (FSC) Deserve a Spot in Your Portfolio? Recent Posts: Does Fifth Street Finance (FSC) Deserve a Spot in Your Portfolio? Trade of the Day: Groupon (GRPN) Trade of the Day: U.S. Steel (X) View All Posts
If you’re holding Fifth Street Finance (FSC), criticism that it’s not covering its dividend with net investment income and is not projected to do so in 2014 might have you second-guessing its place in your lineup.
- [By Eric Volkman]
Fifth Street Finance (NASDAQ: FSC ) is about to expand its capital base. The company has launched a fresh issue of 13.5 million shares of its common stock in an underwritten public offering. It also intends to grant its underwriters a purchase option for an additional 2.025 million shares.
- [By Dan Caplinger]
But one concern is that investors are paying too much for BDCs. Like Ares, peers Prospect Capital (NASDAQ: PSEC ) and Fifth Street Finance (NASDAQ: FSC ) also carry share prices that are higher than the net value of the assets on their books. Yet Ares trades at a substantially higher premiums to NAV than Prospect or Fifth Street, suggesting that they're more comfortable with the quality of Ares' assets compared to its rivals.
Top 5 Rising Stocks To Invest In 2015: Nestle SA (NSRGY.PK)
Nestle SA is a company engaged in the nutrition, health and wellness sectors. It is the holding company of the Nestle Group, which comprises subsidiaries, associated companies and joint ventures throughout the world. The Company has such business units as Food and Beverage, Nestle Waters and Nestle Nutrition. Nestle is also active in the pharmaceutical sector. It divides its products into nine categories: Prepared dishes and cooking aids, Beverages, Confectionery, Ice cream, Water, PetCare, Milk products, Nutrition and Pharma. It has numerous subsidiaries engaged in various areas of activity, including Alcon Ophthalmika GmbH (Austria), Alcon Bulgaria EOOD (Bulgaria) and Galderma Laboratorium GmbH (Germany) for pharmaceuticals; Novartis Nutrition GmbH (Austria) and Hjem-IS A/S (Denmark) for food and beverages, and Galderma International SAS (France) and Galderma Laboratorium GmbH (Germany) for health and beauty activities. The Company is headquartered in Vevey, Switzerland. In July 2008, Novartis AG acquired a 25% stake in Alcon, Inc. from Nestle SA. In March 2010, the Company acquired Kraft Foods Inc' frozen pizza business.
In April 2008, L'Oreal and Nestle SA's joint venture, Galderma Pharma S.A., announced that its United States holding company, Galderma Laboratories, Inc., had acquired approximately 97% interest in CollaGenex Pharmaceuticals, Inc. During the year ended December 31, 2004, Nestle had 500 factories in 83 countries around the world. In 2004, 15 factories were acquired or opened and 29 closed or divested.
Advisors' Opinion: - [By Ong Kang Wei]
And that, unmistakably, is a brand. Although the value of a brand is intangible and cannot be measured in dollars, it is one of the most valuable assets a company can have. This is what differentiates a product from Coca-Cola (KO), Kraft Foods Group (KRFT), Nestle (NSRGY.PK) or McDonald's (MCD) from just another unknown manufacturer of these very much essential goods and services. In my eyes, brands are as good as a promise to consumers, which differentiates the product from the rest, and promises that the standard of that certain product will be much better than that of another manufacturer. Without this brand that people trust in and are loyal to, there will not be substantial profits and future growth for the company. Do you think Warren Buffett would have bought out Heinz (HNZ) without its world-famous brand name? Definitely not! It would be as good as just another ketchup brand left on the shelf.
- [By Tim McAleenan Jr.]
I do not mention these things to discourage you from international stocks. I have been purchasing BP (BP) between $39-$43, and I will eventually purchase Anheuser-Busch (BUD), Nestle (NSRGY.PK), Royal Dutch Shell (RDS.B), and two or three other international companies when the stars line up. My point is that you should not feel an obligation to own international stocks simply for diversification's sake. If you find a good international stock with a business model you understand and it trades at an attractive price, then great. You should buy it. But owning international stocks does not have to be a necessary part of your strategy. Despite what Mankiw advises in the New York Times, you can build a diversified collection of "global stocks" simply by investigating where certain American multinationals generate the bulk of their sales and earnings.