If you're reading this, then odds are you already know shipping stocks like Diana Shipping Inc. (NYSE:DSX), Safe Bulkers, Inc. (NYSE:SB), and Navios Maritime Partners L.P. (NYSE:NMM) are all up big-time today, and up nicely for the week, for that matter. SB is up 11% for the day, NMM is up 6% for the week, while DSX is higher by 8% for the session, snapping a surprisingly-long weak streak.
You nay even know why picks like Navios Maritime Partners L.P., Safe Bulkers, and Diana Shipping are up so firmly today, or up so well for the past few days - the Baltic Dry Index has rallied quite nicely this week. Since the Baltic Dry Index is a measure of the daily charter rates that shipping vessels are charging (not how much they'd like to get for a charter, but how much they're actually inking deal for) companies that need to get goods from point A to point B, one can only presume higher rates - and a fairly static supply - means demand is starting to swell. That's a positive for stocks like NMM, SB, and DSX.
Top Shipping Companies To Own For 2015: LVMH Moet Hennessy Louis Vuitton SA (MC)
LVMH Moet Hennessy Louis Vuitton SA, (LVMH), is a France-based luxury goods company. It owns a portfolio of luxury brands and its business activities are divided into five segments: Wines and Spirits, Fashion and Leather Goods, Perfumes and Cosmetics, Watches and Jewelry, and Selective Retailing. The activities of the wines and spirits sector include the Champagne and Wines branch, and the Cognac and Spirits branch. The Fashion and Leather Goods group includes Louis Vuitton, Kenzo and Rossimoda among others. LVMH is present in the perfume and cosmetics sector through the French Houses Christian Dior and other brands. Watches and Jewelry sells such products as TAG Heuer, Zenith, Dior Watches, Chaumet and Fred, among others. Selective Retailing businesses operate in two segments: travel retail and the seleLVMH ctive retail concepts represented by Sephora and Le Bon Marche. In September 2013, the Company acquired majority stake in Nicholas Kirkwood, a British shoe designer company. Advisors' Opinion:- [By Sue Chang]
Moelis & Co. (MC) , an independent investment bank, is offering 7.3 million shares and is likely to begin trading in the stock market on Wednesday. The initial public offering is expected to price in a range of $26 to $29.
- [By Stephen Grocer]
High-profile offerings from boutique investment bank Moelis(MC) & Co. and travel-technology firm Sabre Corp.(SABR) sold fewer shares at a lower price than both expected lat week. On the day they debuted, shares of the two companies rose 4.6% and 3%, respectively.
- [By Sarah Jones]
LVMH Moet Hennessy Louis Vuitton (MC) SA rose 2.1 percent to 123.30 euros after Goldman Sachs Group Inc. added the luxury- goods maker to its conviction buy list, saying the stock�� underperformance presented an opportunity to invest. The shares fell 8 percent from April 15 through yesterday after the company reported the slowest growth in sales of fashion and leather products since 2009.
Top Shipping Companies To Own For 2015: PPG Industries Inc.(PPG)
PPG Industries, Inc. manufactures and supplies protective and decorative coatings. The company offers coatings products for automotive and commercial transport/fleet repair and refurbishing, specialty coatings for signs, and light industrial coatings; and sealants, coatings, and technical cleaners/transparencies for commercial, military, regional jet, general aviation aircraft, and transparent armor for military land vehicles. It also provides coatings and finishes for the protection of metals and structures to metal fabricators, heavy duty maintenance contractors, and manufacturers of ships, bridges, rail cars, and shipping containers; and coatings to painting and maintenance contractors. In addition, PPG sells industrial and automotive coatings to manufacturing companies; adhesives and sealants for the automotive industry; metal pretreatments and related chemicals; and coatings and inks for aerosol, food, and beverage containers. Further, it supplies lenses, sunlenses, a nd optical lens materials; amorphous precipitated silicas for tire and battery separator markets; and Teslin substrate used in radio frequency identification tags and labels, e-passports, drivers? licenses, and identification cards applications. Additionally, PPG offers chlor-alkali and derivative products, such as chlorine, caustic soda, vinyl chloride monomer, chlorinated solvents, calcium hypochlorite, ethylene dichloride, hydrochloric acid, and phosgene derivatives to chemical processing, rubber and plastics, paper, minerals, metals, and water treatment industries. It also produces flat glass and continuous-strand fiber glass for commercial and residential construction, wind energy, energy infrastructure, transportation, and electronics industries. PPG sells its products through company-owned stores, home centers, paint dealers, and independent distributors, as well as directly to customers worldwide. The company was founded in 1883 and is headquartered in Pittsburgh, Pe nnsylvania.
Advisors' Opinion:- [By Laura Brodbeck]
Thursday
Earnings Expected From: UnitedHealth Group Incorporated (NYSE: UNH), Verizon Communications (NYSE: VZ), PrivateBancorp, Inc. (NASDAQ: PVTB), PPG Industries, Inc. (NYSE: PPG), Philip Morris International Inc (NYSE: PM), Nokia Corporation (NYSE: NOK), Peabody Energy Corporation (NYSE: BTU), Intuitive Surgical, Inc. (NASDAQ: ISRG), Chipotle Mexican Grill (NYSE: CMG) Economic Releases Expected: Chinese GDP, Chinese industrial production, Chinese retail sales, US industrial production, US housing starts, US building permitsFriday
- [By Monica Gerson]
PPG Industries (NYSE: PPG) is projected to report its Q1 earnings at $1.87 per share on revenue of $3.63 billion.
Chipotle Mexican Grill (NYSE: CMG) is expected to report its Q1 earnings at $2.86 per share on revenue of $873.83 million.
- [By Dan Caplinger]
But the industry has gone through some major merger and acquisition activity recently. Sherwin-Williams announced last November that it will acquire Mexico's Consorcio Comex for $2.34 billion, giving the company greater geographical and product diversity. That'll be an important source of growth for Sherwin-Williams, as rival PPG Industries (NYSE: PPG ) recently closed on its $1.05 billion acquisition of Akzo Nobel and its architectural coatings business. Moreover, with DuPont (NYSE: DD ) having sold off its performance-coatings business, which focuses largely on automotive paint, to private equity firm Carlyle Group, Sherwin-Williams needed to boost its size in order to keep up with its competition.
- [By Victor Selva]
The company has a current ratio of 17.8% which is higher than the industry mean of 6.55%. Also, it's higher than the one registered by Akzo Nobel NV (AKZOY), Cabot Corporation (CBT) and Olin Corporation (OLN). For investors looking for a higher ROE, PPG Industries Inc. (PPG) could be the option.
Hot Restaurant Companies To Buy For 2015: MRG Metals Ltd (MRQ)
MRG Metals Limited is engaged in mineral exploration and production in Western Australia. The Company�� projects include the Xanadu gold project, the Mulgul copper prospect, the Braemore Battery prospect-Leonora, Diorite-Leonora and the Bellchambers. The Xanadu project consists of 14 prospecting license applications cover a total area of 26.7 square kilometers. The Mulgul exploration license application covers 336 square kilometers and is located 200 kilometers north of Meekatharra. The Company is acquiring nine granted prospecting licenses covering an area of 14.8 square kilometers, located five kilometers north of Leonora in the North-eastern Goldfields of Western Australia. Diorite is located 25 kilometers north of Leonora. There are three granted prospecting licenses covering an area of 5.42 square kilometers of greenstone lithologies. Effective June 28, 2013, MRG Metals Ltd (MRG) acquired Sasak Resources Australia Pty Ltd. Advisors' Opinion:- [By Magic Diligence]
Neustar's Lines of Business1) Numbering Services: 53% of total revenue, grew 7% in most recent quarter (mrq). These consist of databases that allow number portability - allowing customers to keep the same phone number even when changing cellular carriers or moving to a new address in the same area. Neustar is currently the sole provider of these services to the number portability administration center, or NPAC. We'll come back to this important fact later.
Top Shipping Companies To Own For 2015: Pioneer Southwest Energy Partners L.P.(PSE)
Pioneer Southwest Energy Partners L.P. engages in the ownership and acquisition of oil and natural gas properties in the United States. As of December 31, 2009, it had non-operated working interests in approximately 1,155 producing wells located in the Spraberry field in the Permian Basin of west Texas. Pioneer Natural Resources GP LLC serves as the general partner of the company. The company was founded in 2007 and is based in Irving, Texas. Pioneer Southwest Energy Partners L.P. is a subsidiary of Pioneer Natural Resources USA, Inc.
Advisors' Opinion:- [By Robert Rapier]
Pioneer Southwest Energy Partners (NYSE: PSE) closes out the top five MLP performers for the year with a gain of 87 percent. However, units of this Texas-based upstream MLP that owned more than 1,100 wells in the Permian Basin area are no longer available, as the partnership merged with sponsor Pioneer Natural Resources (NYSE: PXD) on Dec. 17.
Top Shipping Companies To Own For 2015: Golden Minerals Co. (AUMN)
Golden Minerals Company engages in the mining, exploration, and development of mineral properties in Mexico and South America. It explores for silver and gold dor茅 bars, precipitates, lead, zinc, and pyrite concentrates. The company holds 100% interests in the Velarde帽a and Chicago precious metals mining operations that cover approximately 600 hectares located in the State of Durango, Mexico; and the Zacatecas silver and base metals project that consists of 195 concessions covering approximately 8,600 hectares in Mexico. It also owns interests in the El Quevar project that comprises 32 exploitation concessions covering approximately 55,000 hectares in the province of Salta, Argentina; and controls approximately 40 exploration properties that cover approximately 320,000 hectares located in the regions of Mexico and South America. The company was formerly known as Apex Silver Mines Limited and changed its name to Golden Minerals Company in March 2009 as a result of reorgan ization. Golden Minerals Company was founded in 1996 and is headquartered in Golden, Colorado.
Advisors' Opinion:- [By Zacks Investment Research]
Headquartered in Golden, Colorado, Golden Minerals Company (AUMN) owns mining operations and precious metals exploration properties in Mexico and South America.
Top Shipping Companies To Own For 2015: Atmos Energy Corporation(ATO)
Atmos Energy Corporation, together with its subsidiaries, engages primarily in the distribution, transmission, and storage of natural gas in the United States. The company operates in four segments: Natural Gas Distribution; Regulated Transmission and Storage; Natural Gas Marketing; and Pipeline, Storage, and Other. The Natural Gas Distribution segment involves in regulated natural gas distribution business and related sales operations. It distributes natural gas through regulated sales and transportation arrangements to approximately 3 million residential, commercial, public authority, and industrial customers in 12 states located primarily in the southern United States. As of September 30, 2009, this segment owned approximately 70,879 miles of underground distribution and transmission mains. The Regulated Transmission and Storage segment transports natural gas for third parties and manages five underground storage reservoirs in Texas. It owned 5,950 miles of gas transmis sion and gathering lines. The Natural Gas Marketing segment provides various natural gas management and marketing services to municipalities, other local gas distribution companies, and industrial customers. The Pipeline, Storage, and Other segment offers natural gas gathering, transmission, and storage services. It owned 113 miles of gas transmission and gathering lines. Atmos Energy Corporation was founded in 1906 and is headquartered in Dallas, Texas.
Advisors' Opinion:- [By Marc Bastow]
Natural gas distribution and storage company Atmos (ATO) raised its quarterly dividend 5.7% to 37 cents per share, payable on Dec. 9 to shareholders of record as of Nov. 25. The increase marks the 26th consecutive year Atmos has raised its annual dividend.
ATO Dividend Yield: 3.26%
- [By Marc Courtenay]
Another lesser-known possibility is Atmos Energy (ATO), the $3.93 billion (market cap) company that engages in the distribution, transmission, and storage of natural gas in the United States. As of the last quarter of 2012, its year-over-year EPS growth was 17.5%.
Top Shipping Companies To Own For 2015: Agility Public Warehousing Co KSC (AGLTY)
Agility Public Warehousing Company KSC is a Kuwait-based company engaged, along with its subsidiaries, in the provision of global integrated logistics solutions. The Company is organized into two business segments: the Logistic and Related services segment provides logistics offering to its clients, including freight forwarding, transportation, contract logistics, project logistics and fairs and events logistics, and the Infrastructure segment provides other services, which include industrial real estate airport and airplane ground handling and cleaning services, customs consulting, private equity and waste recycling. The Company operates under the brand name of Agility. The Company�� subsidiaries include Global Express Transport Co. WLL, PWC Transport Company WLL, Agility DGS Logistics Services KSCC and Gulf Catering Company for General, among others. Advisors' Opinion:- [By Fiona MacDonald]
The Kuwait SE Price Index rose for a sixth day, climbing 0.5 percent to 6,851.17 at the close. Kuwait Real Estate Co. (KRE) climbed to the highest level in a month. Agility (AGLTY) advanced 1.7 percent after winning a $190 million UN contract in Sudan�� Darfur region. The Bloomberg GCC 200 Index, which tracks the biggest 200 companies in the Gulf Cooperation Council, fell 0.1 percent.
Top Shipping Companies To Own For 2015: Golden Valley Bank (GVYB)
Golden Valley Bank is owned and operated commercial bank serving the needs of individuals and businesses in northern California. The Bank provides personal services, such as checking and savings and IRAs. The Bank�� business includes checking, savings, commercial lending, online banking and eDeposit.
The Bank provides business owners; commercial developers and investors, and residential builders and developers. Golden Valley Bank's business online banking service provides account management, bill pay and transactions services.
Advisors' Opinion:- [By CRWE]
Today, GVYB remains (0.00%) +0.000 at $9.00 thus far (ref. google finance Delayed: 11:59AM EDT July 17, 2013).
Golden Valley Bank headquartered in Chico, California previously reported June 30, 2013 financials. The company also announced their $.05 per share second quarter cash dividend.
2nd Quarter 2013 Financial Highlights: Year to date net profit $683,911 compared to $514,030 year to date in 2012; Assets up $14.9 million to $136.7 million, or 12.2%, over the second quarter of 2012; Loans up $6.2 million to $89.5 million, or 7.4%, over the second quarter of 2012; Deposits up $14.6 million to $118.6 million, or 14%, over the second quarter of 2012
The results of the Gravity Survey will be released once they are available
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