It's been a busy week for Halliburton (NYSE: HAL ) . And at the end, the second largest oil services company seems to have come out trumps. Here is a company whose management knows what it's doing. The strategy to return cash to investors through share buybacks is proving to be a master stroke.
Halliburton's corporate headquarters in Houston. Source: Wikimedia commons.
Not the best of weeks ...
Starting with the reporting of the second-quarter results, this hasn't been the most impressive of weeks for Halliburton. A flat rig count and lower drilling activity ensured that revenue from the North American segment -- the company's largest market -- declined almost 10%, year over year, in the first six months of 2013. To top that, a federal antitrust probe has been initiated targeting the U.S. hydraulic fracturing market, with the top names, including Halliburton, coming under investigation.
Top 5 Up And Coming Stocks To Invest In 2015: Cleantech Transit Inc (CLNO)
Cleantech Transit, Inc., incorporated on June 28, 2006, is a development-stage company. The Company focuses to explore opportunities in the development and production of hybrid, electric, alternative fuel and diesel heavy duty transit buses, luxury motor coaches and tour buses. On July 11, 2011, the Company formed Cleantech Energy, Inc. as a wholly owned subsidiary. In February 2013, the Company announced that acquired from Crown Equity Holdings Inc., Crown Buy Rite.
On July 25, 2011, the Company formed Cleantech Exploration Corp. as a wholly owned subsidiary. On October 31, 2011, the Company acquired a 40% interest in Ortigalita Power Systems, LLC a waste power generating project in California.
Advisors' Opinion:- [By CRWE]
Cleantech Transit, Inc. (OTCMKTS:CLNO) (www.cleantechtransit.net ) through its Discovery Carbon subsidiary, develops emissions offset strategies for companies, municipalities, and countries. Today, CLNO has surged (+5.91%) up +0.013 at $.233 with 60,195 shares in play thus far (ref. google finance Delayed: 1:08PM EDT July 22, 2013), but don�� let this get you down.
CLNO�� daily range is at ($.245 – $.226) thus far and currently at $.233 would be considered a (+21081.81%) gain above the 52 wk low of $.0011. The stock is up +0.23 ( +10490.91%) since the concerning dates of January 23, 2013 ��July 22, 2013. +10490.91% is the 6 month high and rightly so.
Top 5 Oil Service Stocks To Watch Right Now: Coca-Cola Amatil Ltd (CCLAF)
Coca-Cola Amatil Limited (CCA) with its subsidiaries is engaged in the manufacture, distribution and marketing of carbonated soft drinks, still and mineral waters, fruit juices, coffee and other alcohol-free beverages. CCA operates in four business segments: The Australia, New Zealand and Fiji, and Indonesia and PNG segments. CCA is also engaged in the processing and marketing of fruits, vegetables and other food products, and the manufacture and distribution of alcohol ready-to-drink products, and the distribution of premium spirits and beer brands. The Company�� principal operations are in Australia, New Zealand, Fiji, Indonesia and Papua New Guinea (PNG). On January 13, 2012, the sale of CCA�� 50% interest in Pacific Beverages to SABMiller was completed. On February 21, 2011, the Company acquired Vending business, a non-alcohol beverage in Australia. On September 7, 2012, CCA acquired an 89.6% shareholding in Paradise Beverages (Fiji) Ltd (Paradise Beverages). Advisors' Opinion:- [By Daniel Inman]
Also in Sydney, Coca-Cola Amatil (AU:CCL) � (CCLAF) �dropped 4.7% after warning that its fiscal 2014 operating profit was likely to fall 5% to 7% on the previous year.
- [By MARKETWATCH]
LOS ANGELES (MarketWatch) -- Australian stocks seesawed in early Monday trade, with gains for miners and energy names helping support the market, as the S&P/ASX 200 (AU:XJO) sat 0.1% higher at 5,325.90 after changing direction several times. Official Chinese data showing manufacturing holding its growth rate in October appeared to help some miners, as did gains for some commodity prices. Shares of Rio Tinto Ltd. (AU:RIO) (RIO) rose 0.5%, Fortescue Metals Group Ltd. (AU:FMG) (FSUMF) added 0.7%, Oz Minerals Ltd. (AU:OZL) (OZMLF) advanced 1%, and Whitehaven Coal Ltd. (AU:WHC) improved by 1.9%. Likewise, an advance for gold futures sent Newcrest Mining Ltd. (AU:NCM) (NCMGF) rallying 3.4%, and Kingsgate Consolidated Ltd. (AU:KCN) (KSKGF) up 2.9%. Energy shares also traded higher, with Oil Search Ltd. (AU:OSH) (OISHF) up 1.3%, and Karoon Gas Australia Ltd. (AU:KAR) (KRNGF) adding 1.7%. On the downside, retailers were mostly lower, with David Jones Ltd. (AU:DJS) (DVDJF)
Top 5 Oil Service Stocks To Watch Right Now: Art's-Way Manufacturing Co. Inc.(ARTW)
Art?s-Way Manufacturing Co., Inc., together with its subsidiaries, engages in the manufacture and sale of agricultural equipment in the United States. It offers portable and stationary animal feed processing equipment and related attachments used to mill and mix feed grains into custom animal feed rations; a crop production line that includes grain drill equipment; hay and forage equipment consisting of forage boxes, forage blowers, running gears, dump boxes, rotary rakes, finger wheel rakes, and mergers; stalk shredders; portable grain augers; manure spreaders; sugar beet harvesting equipment; land maintenance equipment; and moldboard plows, as well as provides hay blowers to original equipment manufacturers. The company also manufactures and supplies pressure steel vessels and steel containment systems for water treatment, air receivers, refineries, co-generation, chemical, petrochemical, storage tanks, agriculture, marine, refrigeration, hydro pneumatic, heavy equipmen t, pharmaceuticals, and mining industries. In addition, it provides services, such as custom CAD drawing; welding; interior linings and exterior finishing; passivation of stainless steel; hydrostatic and pneumatic testing; design, build and finishing of skids; installation of piping; and non-destructive examination and heat treating, as well as offers after-market service parts. Further, the company produces and sells modular buildings that are used for animal containment and research laboratories. Art?s-Way Manufacturing Co., Inc. sells its products through independent farm equipment dealers primarily under the Art?s-Way, Miller Pro, and Badger brand names. The company was founded in 1956 and is based in Armstrong, Iowa.
Advisors' Opinion:- [By Monica Gerson]
Art's-Way Manufacturing Co (NASDAQ: ARTW) is estimated to post its quarterly earnings.
Packaging Corporation of America (NYSE: PKG) is projected to post its Q3 earnings at $0.89 per share on revenue of $831.79 million.
Top 5 Oil Service Stocks To Watch Right Now: Actions Semiconductor Co. Ltd.(ACTS)
Actions Semiconductor Co., Ltd. operates as a semiconductor company in the People?s Republic of China. The company designs, develops, and markets integrated platform solutions, including system-on-a-chips (SoCs), firmware, software development tools, and reference designs for the manufacturers of portable media players. Its SoCs are integrated circuits that incorporate digital signal processor, a micro controller unit, embedded memory, codec, a power management unit, and other components. The company?s SoCs products also comprise on-chip memory, controllers for color liquid crystal display, and analog components, including digital-to-analog converters, phase lock loops, and USB transceivers. Actions Semiconductor Co., Ltd.?s solution development kits include the embedded firmware code, software tools, and documentation to utilize its SoCs in portable media players. The company?s firmware utilizes an embedded structure design with interface that allows customers to pick and choose functionalities and add new device drivers. Its manufacturing software tools also allow its customers in the mass production of products based on its turnkey process. The company?s reference designs consist of detailed specifications of other required components and references, which allow customers to assemble a portable media player. Actions Semiconductor Co., Ltd. also offers semiconductor product testing services. The company sells its integrated platform solutions directly, as well as through distributors to portable media player manufacturers, brand owners, and value-added distributors in China and internationally. Actions Semiconductor Co., Ltd. was founded in 1999 and is headquartered in Zhuhai, the People?s Republic of China.
Advisors' Opinion:- [By Seth Jayson]
When judging a company's prospects, how quickly it turns cash outflows into cash inflows can be just as important as how much profit it's booking in the accounting fantasy world we call "earnings." This is one of the first metrics I check when I'm hunting for the market's best stocks. Today, we'll see how it applies to Actions Semiconductor (Nasdaq: ACTS ) .
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