Extending the midsummer drought in defense spending into a second week, the U.S. Department of Defense awarded only four new contracts Monday, worth $80.7 million in total. Worse news for investors is that only two of them went to publicly traded companies.
The lucky winners this time:
Exelis (NYSE: XLS ) , which won the day's biggest award, $26.7 million to support Launch and Test Range System functions for the Space and Missile Systems Center/PKL in the Eastern and Western space launch ranges, from Aug. 1 through Oct. 31.Bell Helicopter Textron (NYSE: TXT ) , which was awarded a $17.9 million firm-fixed-price, cost-plus-fixed-fee contract to support the U.S. Marine Corps' H-1 upgrade program.�This is the program whereby the USMC is switching from a helicopter force composed mainly of AH-1W SuperCobras�and�UH-1N Twin Hueys to one featuring AH-1Z Vipers�and�UH-1Y Venoms.
Under the instant contract, Bell will be manufacturing, testing and delivering one each of an H-1 main rotor gearbox test stand and H-1 tail rotor/intermediate gearbox test stand, plus related equipment, and providing logistics, maintenance, and follow-on support, as well as other things needed to facilitate depot level maintenance of these H-1 aircraft rotor assemblies.
Best Machinery Stocks To Own Right Now: Techne Corporation(TECH)
TECHNE Corporation develops, manufactures, and sells biotechnology products, and hematology calibrators and controls worldwide. The company?s Biotechnology segment offers proteins, such as cytokines, and enzyme substrates and inhibitors; antibodies, including polyclonal and monoclonal antibodies; immunoassays comprising quantikine kits for the detection of human and animal proteins, and immunoassays that allow researchers to quantify a specific analyte in a biological fluids sample; clinical diagnostic immunoassay kits consisting of erythropoietin, transferrin receptor, and beta2-microglobulin immunoassays for use as in vitro diagnostic devices; flow cytometry products, such as fluorochrome labeled antibodies and kits; intracellular cell signaling products, including antibodies, phospho-specific antibodies, antibody arrays, active caspases, kinases, and phosphatases, and ELISA assays to measure the activity of apoptotic and signaling molecules; and natural and synthetic c hemical compounds for use as agonists, antagonists, and inhibitors of various biological functions by investigators. Its Hematology segment provides whole blood CBC controls controls and calibrators; linearity and reportable range controls for the assessment of the linearity of hematology analyzers for white blood cells, red blood cells, platelets, and reticulocytes; whole blood reticulocyte controls for manual and automated counting of reticulocytes; whole blood flow cytometry controls for the identification and quantification white blood cells; whole blood glucose/hemoglobin control to monitor instruments, which measure glucose and hemoglobin in blood; erythrocyte sedimentation rate control to monitor erythrocyte sedimentation rate tests; and multi-purpose platelet reference controls, such as Platelet-Trol II and Platelet-Trol Extended for use by automated and semi-automated analyzers, which monitor platelet levels. The company was founded in 1976 and is headquartered in M inneapolis, Minnesota.
Advisors' Opinion:- [By Rich Duprey]
Medical device maker Techne (NASDAQ: TECH ) announced today that it's taking a 100% ownership stake in�Bionostics Holdings for $104 million cash.
- [By Nicolas73]
Digitalized data (documents, books, articles) volume is growing at an incredible pace. Moreover, it would be simply not possible (nor useful) to print everything.Company and institutions encourage people to print something only when strictly needed, both for environmental and for cost-cutting purposes.Fax machines will quickly become (tech) museum pieces, replaced by emails (people are free to print an email whenever it is really necessary).Combo printers (scanner and printer) will quickly replace most photocopiers (people will scan everything and print only when it is really necessary).
I think Xerox's management felt the responsibility to deal with these kinds of business dangers as soon as they became evident. I also think they brilliantly addressed and solved them. - [By Rich Duprey]
Biologics researcher�Techne� (NASDAQ: TECH ) �will pay a regular quarterly dividend of $0.30 on May 24 to the holders of record at the close of business on May 10.
Top 10 Forestry Companies To Invest In Right Now: Integrys Energy Group(TEG)
Integrys Energy Group, Inc., through its subsidiaries, operates as a regulated electric and natural gas utility company in the United States and Canada. It provides natural gas utility services in Chicago, Wisconsin, Michigan, and Minnesota. As of December 31, 2009, the company served approximately 1,669,000 residential, commercial and industrial, transportation, and other customers. It had approximately 22,000 miles of natural gas distribution mains; and approximately 1,010 miles of natural gas transmission mains. The company also generates and distributes electric energy form coal, natural gas, fuel oil, hydroelectric, and wind resources in Wisconsin and Michigan. It served approximately 489,000 residential, commercial and industrial, wholesale, and other customers. In addition, Integrys Energy offers nonregulated energy supply and services; and electric transmission services. The company was formerly known as WPS Resources Corporation and changed its name to Integrys En ergy Group, Inc. in February 2007. Integrys Energy Group, Inc. was founded in 1883 and is based in Chicago, Illinois.
Advisors' Opinion:- [By Melvin Backman]
5. Buying power in energy stocks: Wisconsin Energy (WEC) announced this morning that it will acquire Integrys Energy Group (TEG) for for $71 per share in order to increase its natural gas business and its footprint in the Great Lakes region. Wisconsin's stock is flat, and Integrys shares have jumped over 14% to nearly $70.
- [By Jonas Elmerraji]
Last up is Integrys Energy Group (TEG), the sole downside name we're looking at this week. Even though December is historically a great month to own stocks, that doesn't mean that it's universally a great month to own all stocks. And TEG looks "toppy" at this point.
Integrys is currently forming a head and shoulders top, a bearish setup that indicates exhaustion among buyers. The pattern is formed by two swing highs that hit their head around the same level (the shoulders), separated by a higher high (the head). The sell signal comes on a move through the neckline, which is currently sloping through $52. TEG is actually a "nested" pattern, which means that the right shoulder is a complete head and shoudlers pattern itself on a shorter-timeframe. Since the downside has already triggered on the right shoulder, we should expect a test of the longer-term neckline soon.
Lest you think that the head and shoulders is too well known to be worth trading, the research suggests otherwise: a recent academic study conducted by the Federal Reserve Board of New York found that the results of 10,000 computer-simulated head-and-shoulders trades resulted in "profits [that] would have been both statistically and economically significant."
That's good reason to keep this stock in your crosshairs in the days ahead; a break below the neckline is a short signal.
To see this week's trades in action, check out the Technical Setups for the Week portfolio on Stockpickr.
-- Written by Jonas Elmerraji in Baltimore.
- [By Justin Loiseau]
Subsidiary switch-up
AGL Resources�announced Thursday that it has officially handed off subsidiary Compass Energy Services to Integrys Energy (NYSE: TEG ) for an initial cash consideration of $12 million, with an additional $3 million to $8 million cash consideration. If the unregulated natural gas subsidiary fares well over the next five years, Integrys will fork over more finances for its purchase. If not, AGL could be left with $15 million total for the sale. For now, AGL will record a $9 million to $11 million pre-tax gain for Q2 2013.
Top 10 Forestry Companies To Invest In Right Now: Atech Holdings Ltd (ATH)
ATech Holdings Limited is an Australia-based company. As of June 30, 2010, the Company was engaged in the investment of its cash reserves. The Company��s controlled entities include SEAA (151 Sturt St, South Melbourne) Pty Limited and SEAA (Boronia) Pty Limited. Advisors' Opinion:- [By Eric Lam]
Athabasca Oil Corp. (ATH), which is seeking a joint-venture partner for its Duvernay holdings, jumped 9.3 percent to C$7.97, the most in seven weeks.
Top 10 Forestry Companies To Invest In Right Now: LiveDeal Inc.(LIVE)
LiveDeal, Inc., together with its subsidiaries, delivers local customer acquisition services for small and medium-sized businesses. It provides online marketing Internet directory services. The company offers InstantProfile, which distributes small businesses? key contact and service information to Internet destinations, including the search engines, Internet directories, and social media networks that enable advertisers to manage their business information in one location and enhance their reach to various destinations a consumer may search for local business services. It also provides online listing services. The company was formerly known as YP Corp. and changed its name to LiveDeal, Inc. in August 2007. LiveDeal, Inc. was founded in 1968 and is headquartered in Las Vegas, Nevada.
Advisors' Opinion:- [By Jake L'Ecuyer]
Leading and Lagging Sectors
Technology stocks gained Thursday, with Infinera (NASDAQ: INFN) leading advancers. Meanwhile, gainers in the sector included LiveDeal (NASDAQ: LIVE), with shares up 5.5 percent, and PFSweb (NASDAQ: PFSW), with shares up 5.4 percent. - [By Alan Brochstein]
Matula, who is currently a SVP for LiveDeal (LIVE), has a history of association with penny stock failures. An interesting angle is his tie to a lawyer in Las Vegas, Michael Balabon, who purports to have two separate practices, including a bankruptcy/divorce practice and an employment law practice who has acted as Registered Agent for many of these companies. I was unable to reach anyone at either office on several occasions. In any event, Balabon is the registered agent for PLPL. Coincidentally, he served in that role for NVLX as well as well as all of the former subsidiaries and partners the firm used (the new Medical Marijuana Sciences subsidiary too). Recall that the predecessor to PLPL was Diamond Ranch, and Balabon was the RA there as well. Matula has served in I.R. roles for perpetual failures like VelaTel Global (VELA.PK).
Top 10 Forestry Companies To Invest In Right Now: Vivo Participacoes S.A.(VIV)
Telecomunicacoes de Sao Paulo S.A.-TELESP provides fixed-line telecommunications services to residential and commercial customers in the state of Sao Paulo, Brazil. Its services include local voice services, such as activation, monthly subscription, measured service, and public telephones; intraregional, interregional, and international long-distance voice services; data services comprising broadband services; pay TV services through direct to home satellite technology and land based wireless technology multichannel multipoint distribution service; and network services, such as interconnection and rental of facilities, as well as other services consisting of extended maintenance, caller identification, voice mail, cell phone blockers, computer support, and antivirus for Internet service subscribers. The company also offers multimedia communication services, such as audio, data, voice and other sounds, images, and texts and other information. In addition, it provides interc onnection services to cellular service providers and other fixed telecommunications companies through the use of its network. Further, the company offers telecommunications solutions and IT support designed to address the needs and requirements of companies operating various types of industries, including retail, manufacturing, services, financial institutions, and government. Telecomunicacoes de Sao Paulo S.A.-TELESP provides its products and services through person-to-person sales, telesales, indirect channels, Internet, and door-to-door sales. As of December 31, 2010, its telephone network included 11.3 million fixed lines in service, including residential, commercial, and public telephone lines; 3.3 million broadband clients; and 0.5 million pay TV clients. The company was founded in 1998 and is headquartered in Sao Paulo, Brazil. Telecomunicacoes de Sao Paulo S.A.-TELESP is a subsidiary of Telefonica S.A.
Advisors' Opinion:- [By Vanina Egea] rket share reduce to 25.13% in March from 25.28% in February, Telefonica Brasil��s share grew from 28.62% to 28.68% in the same period. Furthermore, while average revenue per user in the mobile sector has fallen for five consecutive years, the firm��s mobile unit Vivo was the only carrier to generate ARPU growth in 2013.
On the fixed-line side, although total revenue fell 3.7% year over year, the company expects to resume growth in this segment through the expansion of video, broadband Internet and Pay-TV services. To this aim, the firm launched its IPTV platform in late 2013 and is growing its FTTH footprint. Along these lines, it will invest 18% to 19% of its revenue in deploying high-speed fiber optic cable in the state of Sao Paulo in order to cover 2.5 households in 2014. Thus, the company will be better positioned to compete with giants like cable operator Net Servicos de Comunicacao SA (NETC), which also offers bundled services and has aggressively expanded its Internet and TV subscriber base in the state.
Investing for Long-term Growth
Looking forward, Telef贸nica Brasil is investing in technology and network expansion to further empower its competitive position. The firm is expanding its 3G network based on CDMA EV-DO and HSPA technologies, which provide a great advantage over its peers. Further, it expects to benefit from the growth opportunities in the 4G market. Consequently, it has signed a deal with Ceragon Networks Ltd. (CRNT) to deploy the superfast 4G network nationwide.
A Valuable Stock
Telef贸nica Brasil has a healthy balance sheet with strong cash flow generation (up to 9,576 million in 2013 from 3,488 million in 2011) and reasonable debt levels. Its net debt-to-EBITDA ratio is of 0.17 times and it has a debt- to-equity ratio of 0.2 against its peers�� average of 0.9. Its financial strength and a robust dividend have attracted investment gurus like Charles Brandes (Trades, Portfolio) and David Dreman (Trades,
- [By Inyoung Hwang]
Royal Mail (RMG) Group Ltd. jumped the most in a month after the U.K. postal service that listed its shares in October said first-half earnings almost doubled. Vivendi SA (VIV) advanced 1.9 percent after saying it will replace its chairman once it spins off its wireless business. Accor SA dropped 3.9 percent after saying it will separate the operation and ownership of hotels into two businesses.
Top 10 Forestry Companies To Invest In Right Now: Foundation Medicine Inc (FMI)
Foundation Medicine, Inc., incorporated on November 12, 2009, is a commercial-stage company. The Company is focused on fundamentally changing the way patients with cancer are treated. The Company��s platform includes methods and algorithms for analyzing tumor tissue samples across all types of cancer, as well as information aggregation and concise reporting capabilities. Its products provide genomic information about each patient��s individual cancer, enabling physicians to optimize treatments in clinical practice and enabling biopharmaceutical companies to develop targeted oncology therapies more effectively.
FoundationOne, its first clinical product, is, to its knowledge, the only commercially available comprehensive molecular information product designed for use in the routine care of patients with cancer. In addition, the Company is considered a non-contracting provider by commercial third-party payors because it has not entered into specific contracts to provide FoundationOne to their covered patients, and as a result it takes on primary responsibility for obtaining reimbursement on behalf of patients.
Advisors' Opinion:- [By Lisa Levin]
Foundation Medicine (NASDAQ: FMI) shares tumbled 7.58% to reach a new 52-week low of $21.23. Foundation Medicine's trailing-twelve-month profit margin is -147.08%.
Top 10 Forestry Companies To Invest In Right Now: Atlas Resource Partners LP (ARP)
Atlas Resource Partners, L.P. (Atlas Resource Partners), incorporated on October 13, 2011, is an independent developer and producer of natural gas, crude oil and natural gas liquids (NGL), with operations in basins across the United States. The Company is a sponsor and manager of investment partnerships, in which it co-invests, to finance a portion of its natural gas and oil production activities. During the year ended December 31, 2012, its average daily net production was approximately 77.2 million cubic feet equivalent. On December 20, 2012, it completed the acquisition of DTE Gas Resources, LLC from DTE Energy Company. On September 24, 2012, the Company acquired Equal Energy, Ltd.��s (Equal) remaining 50% interest in approximately 8,500 net undeveloped acres included in the joint venture. On July 26, 2012, it completed the acquisition of Titan Operating, L.L.C. On April 30, 2012, it acquired certain oil and natural gas assets from Carrizo Oil & Gas, Inc. In April 2012, it acquired a 50% interest in approximately 14,500 net undeveloped acres in the oil and NGL area of the Mississippi Lime play in northwestern Oklahoma.
Through December 31, 2012, the Company owned production positions in the areas of the Barnett Shale and Marble Falls play in the Fort Worth Basin in northern Texas; the Appalachia basin, including the Marcellus Shale and the Utica Shale; the Mississippi Lime and Hunton plays in northwestern Oklahoma, and the Chattanooga Shale in northeastern Tennessee, the Niobrara Shale in northeastern Colorado, the New Albany Shale in southwestern Indiana and the Antrim Shale in Michigan. During 2012, the Company had ownership interests in over 525 wells in the Barnett Shale and Marble Falls play and 569.3 billion cubic feet equivalent of total proved reserves with average daily production of 31.9 million cubic feet equivalent. During 2012, the Company had ownership interests in over 10,200 wells in the Appalachian basin, including approximately 270 wells in the Marcellus Shale and 1! 12.6 billion cubic feet equivalent of total proved reserves with average daily production of 35.6 million cubic feet equivalent. During 2012, it owned 21 billion cubic feet equivalent of total proved reserves with average daily production of 1.9 million cubic feet equivalent in the Mississippi Lime and Hunton plays in northwestern Oklahoma. During 2012, the Company had average daily production of 7.8 million cubic feet equivalent in the Chattanooga Shale in northeastern Tennessee, the Niobrara Shale in northeastern Colorado, the New Albany Shale in southwestern Indiana, and the Antrim Shale in Michigan.
Advisors' Opinion:- [By Robert Rapier]
The second, and riskier, option is to buy MLPs engaged in natural gas production. While these tend to have some portion of their output hedged against sharp price fluctuations, they retain much more exposure to the ups and downs of natural gas prices than the midstream partnerships, which function as toll collectors.�EV Energy Partners�(NASDAQ: EVEP),�Atlas Resource Partners�(NYSE: ARP),�BreitBurn Energy Partners�(NASDAQ: BBEP) and�Memorial Production Partners�(NASDAQ: MEMP) are some of the upstream (oil and gas production) partnerships in the US shale plays.
- [By Matt DiLallo]
The management team at oil and gas company�Atlas Energy (NYSE: ATLS ) has really taken Warren Buffett's advice to heart. Buffett's old adage to "be fearful when others are greedy and greedy when others are fearful" seems to be that team's approach. After selling its shale assets to Chevron at the top of the market, the company has been diligently acquiring natural gas assets at the market's low. That blueprint continues to be followed as evidenced by the recently announced acquisition of substantial natural gas assets via its master limited partnership, Atlas Resource Partners (NYSE: ARP ) .
- [By Joseph Hogue]
Atlas Resource Partners (NYSE: ARP ) offers the lowest cost to DCF and the second-highest yield of the group. The company is active in the Barnett Shale, Appalachian Basin, the Raton Basin, the Black Warrior Basin and the Mississippi Lime with an interest in over 12,000 producing natural gas and oil wells. The partnership's coverage ratio just missed a top rank as well, and the units could be a solid addition. May saw insider purchases by four officers for 52,530 units at an average price of $19.73 per unit with no insider selling in the past twelve months.
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