Oshkosh Corporation (NYSE:OSK) is a great American company with a great story. The company began in none other than Oshkosh, Wisconsin in 1917 with the goal of producing a rough terrain four-wheel drive vehicle. From there, it quickly grew into a well-known producer of heavy-duty trucks and specialty equipment. Today, it employs over 12,000 people, had just over $6 billion in revenue in 2015 and is the dominant heavy truck producer for the Department of Defense.
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(Source: Oshkosh)
Although I am looking at Oshkosh from the perspective of its defense contributions, there are three other segments it operates and defense is actually quite small, comparatively.
stock report today: Nobilis Health Corp.(HLTH)
Advisors' Opinion:- [By Monica Gerson]
Nobilis Health Corp (NYSE: HLTH) is expected to report its quarterly earnings at $0.19 per share on revenue of $91.92 million.
Avid Technology, Inc. (NASDAQ: AVID) is estimated to post its quarterly earnings at $0.36 per share on revenue of $144.02 million.
stock report today: Coca-Cola Company (The)(KO)
Advisors' Opinion:- [By WWW.THESTREET.COM]
Originally published Nov. 17 at 3:41 p.m. EDT
The consideration of the contrary has been a theme all week. And here in " Don't Run With the Crowd: Embrace the Contrary." Miami madness (of a real estate kind) Mark Grant is scared by our currency's strength. Danielle on scenarios. Boockvar to subscriber Bad Golfer! JC Penney ( JCP) short puts--a 100% win. (Shorting options frequently ends differently!) Just say no to closed-end muni-bond funds. DRYS is all wet. Could iPhone manufacturing be coming back home? On inflation breakevens--a picture that speaks volumes. The market moved higher from the "get go"--in large measure it seems to be a response to the better economic data this morning. At 3 p.m. stocks were near the day's highs. I shorted The Cisco Kid last night. Sticking with this short rental. I added to my ProShares UltraShort S&P500 ETF ( SDS) long (growing ever larger). My net short exposure--is now between small and medium-sized at the close. The U.S. dollar, as discussed above, continued to rip higher against the euro. I am concerned. Mark Grant is concerned. The market is not concerned. The price of crude oil (down $0.20) settled lower after yesterday's robust gains. Gold fell $9 as it continues to break down--closing in on $1,200. Ag commodities: wheat up $0.07, corn up $0.04, soybeans up $0.05 and oats up $0.02. Lumber up $7 following the big housing number this morning. Bonds schmeissed ... iShares Barclays 2 - [By DailyFinance Staff]
Blake Loates/Facebook Sting may have sung about a "Message in a Bottle," but he likely never expected the phrase that Blake Loates found on a bottle of Vitamin Water -- "You Retard." The words were printed on the inside of the cap on a bottle of Vitamin Water, which Loates bought while dining out in Edmonton, Canada, where she lives. Loates found the phrase particularly offensive because her younger sister, Fiona, has cerebral palsy and autism. "We immediately thought 'You have got to be kidding me,' " she told Huffington Post Alberta. The message was part of a promotion by Coca-Cola (KO) in Canada that randomly paired English and French words that together were supposed to make up funny gibberish phrases. But the words were only vetted in French, not English, reports Milwaukee's Journal Sentinel newspaper. "Retard" in French means late or delayed. Loates sent a photo of the bottle cap to her father, Doug Loates, who wrote a letter to Coca-Cola to complain about including "retard" as part of the promotion. (See the complete letter below.) "Not everyone in Canada speaks French -- like my daughter, Blake," Loates wrote to Coca-Cola officials. "The 'R' word is considered a swear word in our family. We don't use it. We don't tolerate others using it around us. We are over-sensitive, but you would be too if you had Fiona for a daughter! Can you imagine if she had opened this bottle???" Loates said that he had been drinking Coke since he was 9 and got his first newspaper route, but now calls himself an "ex-Coke drinker." The soft drink company said it never intended to offend anyone.
- [By P.I.A.]
There are considerations. The Coca-Cola Company (KO), an outsized peer, has been underperforming, though it maintains one of the highest industry multiples. Its results may not bode well for DPS. It also is not clear how much of an effect Soda Stream International (SODA), which offers homemade carbonated beverages, might have on the future revenues soft drink companies.
stock report today: Petroleo Brasileiro S.A.- Petrobras(PBR)
Advisors' Opinion:- [By Ben Levisohn]
Should oil prices recover, we believe that deepwater drilling activity growth should lag growth in US shale activity, as project economics is generally better in US shales, and E&Ps involved in US shales are generally quicker to react. Deepwater activity is largely comprises a handful of companies (Petrobras (PBR), Statoil (STO), Total (TOT), Shell (RDS.A), BP (BP), ONGC, ExxonMobil (XOM) and Chevron (CVX)) and it is unlikely that these companies can meaningfully increase their rig demand in a short period of time to absorb the current oversupply. Thus, should oil prices rise in 2018, rig demand may increase, but likely not enough to tighten the market, given that supply equaling 43% of current working rig count is stacked and new supply equaling 25% of working rig count is under-construction and should be entering the market in the coming years. As a result, while we expect some improvement in rig utilization owing to rig retirements, it will unlikely be strong enough to meaningfully improve rates in 2018 above spot levels. Any demand increase in the interim could slow rig retirements materially, and be self-defeating. We thus are Sell rated on Transocean, Atwood and Noble.
- [By Javier Hasse]
Shares of Petroleo Brasileiro SA Petrobras (ADR) (NYSE: PBR), a company that was closely related to the corruption scandals around Rousseff, were down almost 4 percent.
- [By Benzinga News Desk]
Jefferies started Altria Group (NYSE: MO) at Hold and Reynolds American (NYSE: RAI) at Buy.
Sell-Side's Most Noteworthy Calls JPMorgan downgraded Wells Fargo (NYSE: WFC) to Neutral. Morgan Stanley downgraded Skechers (NYSE: SKX) to Equal-Weight. Raymond James upgraded Petrobas (NYSE: PBR) to Market Perform. Credit Suisse upgraded Clovis (NASDAQ: CLVS) to Outperform. Deal TalkSome traders attributing after-hours upside in Clovis to a Janney Capital analyst comment during a Bloomberg interview, saying there are "many suitors" for the company, Including Eli Lilly (NYSE: LLY), Roche (OTC: RHHBY) and Merck (NYSE: MRK). A Clovis spokesperson told Benzinga it's company policy not to comment on rumors.
- [By Lisa Levin]
In trading on Friday, energy shares fell by 2.06 percent. Meanwhile, top losers in the sector included Resolute Energy Corp (NYSE: REN), down 10 percent, and Petroleo Brasileiro SA Petrobras (ADR) (NYSE: PBR), down 6 percent.
- [By Javier Hasse]
Petroleo Brasileiro SA Petrobras (ADR) (NYSE: PBR) has been in the spotlight this week, up roughly 5.5 percent.
Earlier this week, the country’s former president, Luiz Inacio Lula da Silva, was indicted in a corruption probe related to the energy company, which also announced a 25 percent reduction in its five-year spending plan.
- [By Manikandan Raman]
ADRs of Petroleo Brasileiro SA Petrobras (ADR) (NYSE: PBR) have underperformed, despite a recent upgrade from JPMorgan.
Rating And JustificationJPMorgan upgraded the stock to Neutral from Underweight on potential for lower credit risk, asset sales momentum, favorable regulatory environment and foreign exchange gains.
stock report today: Crescent Point Energy Corp (16)
Advisors' Opinion:- [By Kana Nishizawa]
China Coal Energy Co., the country��s second-largest producer of the fuel, sank 3.1 percent after the government said it will cut coal consumption. Sun Hung Kai Properties Ltd. (16), the world��s second-biggest developer, fell 1.4 percent after trimming its sales target. Gold producers led materials companies lower as the precious metal headed for its steepest weekly loss since June amid expectations the U.S. Federal Open Market Committee will next week decide to reduce stimulus.
