Q2 Disappoints On Revenue, But Outperforms On Margins
Illinois Tool Works had a decidedly mixed second quarter report. Illinois Tool Works definitely came in below other industrial conglomerates like General Electric (NYSE: GE), Danaher (NYSE:DHR), Honeywell (NYSE:HON), and Dover (NYSE:DOV) in terms of growth, even though management continues to execute ahead of plan on the restructuring efforts.
SEE: Conglomerates: Risky Proposition?
Revenue rose 1% this quarter, or basically flat on an organic basis. Revenues declined 1% in both North America and the EU, and the company continues to see a relatively weak environment for capital spending, as equipment sales were down 4% while consumables were up 1%.
Top Companies To Own In Right Now: EPIQ Systems Inc. (EPIQ)
Epiq Systems, Inc. provides integrated technology solutions for the legal profession in the United States and internationally. Its solutions streamline the administration of discovery, bankruptcy, litigation, financial transactions, and regulatory compliance matters. The company operates in three segments: eDiscovery, Bankruptcy, and Settlement Administration. The eDiscovery segment provides collections and forensics, processing, search and review, and document review services to companies and the litigation departments of law firms. The Bankruptcy segment provides solutions that address the needs of Chapter 7, Chapter 11, and Chapter 13 trustees to administer bankruptcy proceedings, of debtor corporations that file a plan of reorganization, and assists creditors, including banks, mortgage processors, and their administrative services professionals to streamline the processing of their portfolios of loans in bankruptcy cases. The Settlement Administration segment offers ma nagement services, such as claims processing, claims reconciliation, project management, professional services, call center support, Web site development and administration, and controlled disbursements of funds, as well as legal noticing services. Epiq Systems, Inc. serves law firms, corporate legal departments, bankruptcy trustees, government agencies, mortgage processors, financial institutions, and other professional advisors. The company was founded in 1988 and is headquartered in Kansas City, Kansas
Top Companies To Own In Right Now: North American Energy Partners Inc. (NOA)
North American Energy Partners Inc. provides heavy construction and mining, piling, and pipeline installation services to customers in the Canadian oil sands, industrial construction, commercial and public construction, and pipeline construction markets. The company operates in three segments: Heavy Construction and Mining, Piling, and Pipeline. The Heavy Construction and Mining segment focuses on providing surface mining support services for oil sands and other natural resources. Its activities include land clearing, stripping, muskeg removal, and overburden removal to expose the mining area; the supply of labor and equipment to supplement customers� mining fleets supporting ore mining; and provision of general support services, such as road building, repair and maintenance for mine and treatment plant operations, and hauling of sand and gravel. This segment also engages in the construction related to the expansion of existing projects-site development and infrastructure ; and the provision of environmental and tailings management services. In addition, it provides industrial site construction for mega-projects; and underground utility installation services for plant, refinery, and commercial building construction. The Piling segment installs driven, drilled, and screw piles, as well as caissons and earth retention, and stabilization systems. It also designs, manufactures, and sells screw piles and pipeline anchoring systems worldwide, as well as provides tank maintenance services to the petro-chemical industry in Canada and the United States. The Pipeline segment provides small and large diameter pipeline construction and installation services, as well as equipment rental to energy and industrial clients. The company�s fleet includes approximately 900 pieces of diversified heavy construction equipment supported by approximately 750 pieces of ancillary equipment. North American Energy Partners Inc. was founded in 1953 and is headquartered i n Calgary, Canada.
Top Value Companies To Invest In 2014: Syngas Ltd(SYS.AX)
Syngas Limited operates in the energy sector in Australia. It engages in the development of ground coal to liquid projects in South Australia, Victoria, and Queensland. The company?s Clinton project is involved in the development, commissioning, and operation of diesel production facility in Adelaide city in South Australia. It also develops a biomass (renewable) project, including a 5MW biomass to power project in Wagga Wagga, New South Wales. In addition, the company holds interests in the Moorlands coal deposit in Adelaide; and the Victorian Lignite project, as well as rights to earn interest in four oil and gas prospects in the Gulf of Mexico. Syngas Limited is based in Melbourne, Australia.
Top Companies To Own In Right Now: China Sunsine Chem Hldgs Ltd. (CH8.SI)
China Sunsine Chemical Holdings Ltd., an investment holding company, engages in the manufacture and sale of rubber chemical products in the People's Republic of China and internationally. The company primarily offers rubber accelerators comprising Accelerator MBT for dry rubber and latex applications; Accelerator MBTS and Accelerator MBS used in the manufacture of synthetic rubber and natural rubber; Accelerator CBS for use in the manufacture of tires, shoes, tubes, cables, and other rubber goods; Accelerator TBBS for use in rubber products and tires; Accelerator DCBS for the manufacture of tires, belts, and shock absorbers; Accelerator DPG for the production of tires, boards, shoes, and other industrial rubber goods; and Accelerator TMTD that is used in the production of tires, inner tube of tires, shoes, and cables, as well as used as germicides and insecticides in agriculture, and lubricant additives. Its products also include anti-scorching CTP, an anti-scorching agent for the vulcanization process to prevent rubber materials from burning; anti-oxidant RD for the manufacture of tires, motorcycles births, bicycles births, rubber, plastics, adhesive tapes, wires, cables, and other rubber products; and insoluble sulphur, a vulcanizing agent for rubber. China Sunsine Chemical Holdings Ltd. offers its products under the Sunsine brand. It serves tire manufacturers; manufacturers of other related products, such as shoes, belts, and hoses; and rubber chemicals distributors. The company is based in Singapore. China Sunsine Chemical Holdings Ltd. is a subsidiary of Success More Group Ltd.
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Riverstone Resources Inc., an exploration-stage company, engages in the acquisition, exploration, and development of mineral resource properties in Burkina Faso, West Africa. The company primarily explores for gold. Its principal project is the Karma project that consists of six contiguous permits in Goulagou, Rounga, Youba, Tougou, Kao, and Rambo deposits located in the north-central part of Burkina Faso. The company is headquartered in Vancouver, Canada.
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e2v technologies plc is engaged in the design and supply of specialist components and sub-systems into sectors within the medical and science, the aerospace and defense and the commercial and industrial markets. The Company operates in three segments: RF power solutions, which provide electron devices and sub-systems in three application areas, which include radiotherapy, electronic countermeasures and industrial processing systems; imaging solutions, which provide advanced charged coupled devices and metal oxide semiconductor imaging sensors and cameras in three application areas, such as machine vision, space imaging and scientific imaging, and hi-rel semiconductor solutions, which provides semiconductors and services in two main application areas, which include aerospace and defense semiconductors and semiconductor lifecycle management under its SLiM brand. On May 16, 2012, it sold of its non-core businesses, which include e2v Scientific Instruments and e2v microsensors SA.Top Companies To Own In Right Now: Petroglobe Inc.(PGB.V)
PetroGlobe Inc. engages in the exploration, development, and production of petroleum and natural gas in Canada. It owns interests in the Pembina Cardium light oil, Pembina Edmonton Sands natural gas, and Red Earth Slave Point light oil properties located in Alberta, as well as in the Sawtooth oil property in the Grand Forks/Taber area of southern Alberta. The company is headquartered in Calgary, Canada.
Top Companies To Own In Right Now: SYMPHONY INTERNATIONAL HLDGS LTD ORD NPV(SIHL.L)
Symphony International Holdings Limited is a private equity and venture capital firm focused on strategic long-term direct investment opportunities in the Asia Pacific region. The firm typically invests in private equity-type deals such as management buy-outs/buy-ins, restructurings, and the provision of later-stage development and expansion capital. It primarily invests in innovative and high-growth consumer businesses primarily in the healthcare, hospitality, and lifestyle sectors. The firm seeks to invest in the entire Asia Pacific region with special focus on India, China, Australia, Indonesia, Malaysia, Singapore, Taiwan, Thailand and the emerging markets of Vietnam, and Sri Lanka. It seeks to be the lead or sole investor. Symphony International Holdings Limited is based in Singapore with additional offices in Central, Hong Kong and Road Town, British Virgin Islands.
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