Benchmark crude oil for May delivery was up 65 cents, or 0.7%, to $100.11 a barrel in electronic trading on the New York Mercantile Exchange.
An oil spill over the weekend closed the shipping channel connecting Galveston Bay and the Gulf of Mexico after a barge carrying almost 1 million gallons of heavy oil collided with a ship in the Houston Ship Channel at Texas City. A barge tank containing 168,000 gallons of oil was breached.
STORY : Cleanup of Texas oil spill blocks ships
The channel, which typically handles as many as 80 vessels a day, will remain closed for a third day Monday and the Coast Guard said there was no timetable on when it may reopen.
Top 5 Railroad Companies To Invest In Right Now: HealthSouth Corporation (HLS)
HealthSouth Corporation offers inpatient rehabilitative healthcare services in the United States and Puerto Rico. The company primarily operates inpatient rehabilitation hospitals and long-term acute care hospitals, which provide treatment on both an inpatient and outpatient basis. Its inpatient rehabilitation hospitals offer services to patients who require institutional rehabilitation care, and patient care is provided by nursing and therapy staff as directed by a physician order. As of December 31, 2010, the company operated 97 inpatient rehabilitation hospitals, including 68 owned hospitals and 29 jointly owned hospitals; 6 freestanding long-term acute care hospitals; 32 outpatient rehabilitation satellite clinics; 25 licensed hospital-based home health agencies; and managed 4 inpatient rehabilitation units through management contracts. The company was founded in 1983 and is headquartered in Birmingham, Alabama.
Advisors' Opinion:- [By Brad Thomas]
As the only healthcare REIT with a "hospital-focused" platform, MPW is a relatively new REIT that was formed (in 2004) to lease from many of the nation's leading hospital operators, including Prime Healthcare Services, Kindred Healthcare (KND), HealthSouth (HLS), Health Management Associates (HMA), Community Health Systems (CYH), Vibra Healthcare, Ernest Health Inc., and IASIS Healthcare.
- [By Maria Armental var popups = dojo.query(".socialByline .popC"); popups.forEach]
HealthSouth Corp.(HLS) said it expects to exceed its earnings projections after it increased its ownership interest in Fairlawn Rehabilitation Hospital, in Worcester, Mass.
Hot Shipping Companies To Own In Right Now: Hatteras Financial Corp (HTS)
Hatteras Financial Corp., incorporated on September 19, 2007, is an externally managed mortgage real estate investment trust (REIT) that invests primarily in single-family residential mortgage pass-through securities guaranteed or issued by the United States Government agency (such as the Government National Mortgage Association (Ginnie Mae)), or by the United States Government-sponsored entity (such as the Federal National Mortgage Association, (Fannie Mae)), and the Federal Home Loan Mortgage Corporation, (Freddie Mac)). The Company is externally managed and advised by its manager, Atlantic Capital Advisors LLC.
The Company focuses on agency securities consisting of mortgage loans with short durations. The agency securities consist of mortgages that have principal and interest payments guaranteed by Ginnie Mae, Fannie Mae or Freddie Mac. It invests in both fixed-rate and adjustable-rate agency securities. Adjustable rate mortgages (ARMs) are mortgages that have floating interest rates that reset on a specific time schedule, such as monthly, quarterly or annually, based on a specified index, such as the 12-month moving average of the one-year constant maturity United States Treasury rate (CMT) or the London Interbank Offered Rate (LIBOR). The ARMs it generally invests in, sometimes referred to as hybrid ARMS, have interest rates that are fixed for an initial period (typically three, five, seven or 10 years) and then reset annually thereafter to an increment over a pre-determined interest rate index.
Advisors' Opinion:- [By Amanda Alix]
When Hatteras Financial (NYSE: HTS ) declared second-quarter�earnings earlier this week, it was not a pretty sight, as earnings per share missed the mark by $0.04. But that wasn't what set the stage for the carnage that spread throughout the sector: Hatteras reported a huge -- more than 20% -- drop in book value from the first quarter, sending the stock down more than 10% on Wednesday.
Hot Shipping Companies To Own In Right Now: Provident New York Bancorp(PBNY)
Provident New York Bancorp operates as the bank holding company for Provident Bank that provides commercial, community business, and retail banking products and services to businesses, individuals, and municipalities in New York and New Jersey. It offers various deposit products, such as savings accounts, NOW accounts, checking accounts, money market accounts, club accounts, certificates of deposit, commercial checking accounts, IRAs, and other qualified plan accounts. The company?s loan portfolio includes commercial real estate, commercial business, and one-to four-family real estate loans; acquisition, development, and construction loans; and consumer loans, including homeowner, home equity lines of credit, new and used automobile loans, and personal unsecured loans, such as fixed-rate installment loans and variable lines of credit. In addition, it provides services, including cash management, sweep accounts, insurance agency, investment advisory, asset and investment m anagement, and Internet banking services. As of September 30, 2011, Provident New York Bancorp operated 30 retail branches and 7 commercial banking centers in the Hudson Valley region. The company was formerly known as Provident Bancorp, Inc. and changed its name to Provident New York Bancorp in June 2005. Provident New York Bancorp was founded in 1888 and is headquartered in Montebello, New York.
Advisors' Opinion:- [By Jon C. Ogg]
The M&T Bank Corp. (NYSE: MTB) and Hudson City Bancorp Inc. (NASDAQ: HCBK) transaction is the only pending deal of 2012 vintage due to various regulatory concerns. MTB currently has 9% short interest outstanding and PACW 15%. Another merger covered is the deal between Provident New York Bancorp (NASDAQ: PBNY) and Sterling Bancorp (NYSE: STL), and the balance are simply too small for us to warrant effort.
Hot Shipping Companies To Own In Right Now: USmart Mobile Device Inc (UMDI)
USmart Mobile Device Inc., formerly ACL Semiconductors Inc., incorporated on September 17, 2002, the Company is engaged primarily in the business of distributing memory products under the Samsung brand name, which consists of Dynamic Random Access Memory (DRAM), Graphic Random Access Memory (Graphic RAM) and Flash for the Hong Kong and Southern China markets. The primary products the Company distributes and sells include Synchronous Dynamic Random Access Memory (SDRAMs), DDRs (DDR1, DDR2 and DDR3), Flash memory, Graphic RAM and LCD panels. In September 2012, the Company acquired Jussey Investments Limited.
Synchronous Dynamic Random Access Memory (SDRAMs), or mobile SDRAM, are used semiconductor memory component in computer peripherals, such as Hard Disk Drives (HDD), Digital Still Camera (DSC), Modems, ADSL Applications, DVD player, Set-top Box (STB), Digital TV, High Definition TV (HDTV) and Portable Multimedia Players (PMP). DDRs (DDR1, DDR2 and DDR3) are random access memory components that transfer data on both 0-1 and 1-0 clock transitions, theoretically yielding twice the data transfer rate of normal RAM or SDRAM.
Flash memory is a specialized type of memory component used to store user data and program code; it retains this information even when the power is off. Although Flash is predominantly used in mobile phones and tablets, it is commonly used in multi-media digital storage applications for products, such as moving picture experts group layer-3 audio (MP3) players, digital still camera DSC, Digital Voice Recorders, universal serial bus (USB) Disks and Flash Cards. Graphic RAM is a special purpose DDR (GDDR1, GDDR2, GDDR3, GDDR4) that is used in graphic products which require high-speed 3-dimensional calculation performance and a memory size to be used as data storage buffer for digital versatile disc (DVD) and computer game displays. LCD panels are a component in consumer electronics, such as LCD TVs, tablets, smartphones, notebooks, digital phone frames and por! table game consoles.
The Company competes with Toshiba, Hynix, Nanya, PSC, Promos, ISSI and ESMT.
Advisors' Opinion:- [By Peter Graham]
Last Friday, small cap stocks MedCAREERS Group Inc (OTCMKTS: MCGI), USmart Mobile Device Inc (OTCMKTS: UMDI) and Drinks Americas Holdings, Ltd (OTCMKTS: DKAM) were all over the place with the first two sinking 54% and 48.05%, respectively, while the last one rose 10.81%. It should be mentioned that all three small cap stocks have been the subject of paid promotions albeit none of these stocks have been over promoted. So where can investors and traders expect these stocks to head this week? Here is a quick look at what you might expect:
Hot Shipping Companies To Own In Right Now: Smiths Group PLC (SMGKF.PK)
Smiths Group plc is a technology company. It has five divisions: Smiths Detection, Smiths Medical, John Crane, Smiths Interconnect and Flex-Tek. The Company and its subsidiaries develop, manufacture, sale and support advanced security equipment, including trace detection, millimeter-wave, infrared, biological detection and diagnostics; mechanical seals, seal support systems, engineered bearings, power transmission couplings and specialist filtration systems, and medical devices aligned to specific therapies, principally airway, pain and temperature management, and vascular access. It also develops, manufactures, sells and supports specialized electronic and radio frequency products for the global wireless telecommunications, aerospace, defense, space, medical, rail, test and industrial markets, and engineered components, including ducting, hose assemblies and heating elements. In May 2011, it acquired the entire issued share capital of SDBR Comercio De Equipamentos De Seguanca LTDA. Advisors' Opinion:- [By Daniel Lauchheimer]
Currently, three main companies supply security equipment to the TSA - Safran (SAFRY.PK), Smiths (SMGKF.PK), and Level-3 Holdings (LLL). All three of these companies sell the whole range of their products to the TSA, with an ETD offering included. Recently, however, a new company, Implant Sciences Corporation (IMSC.PK) received approval from the TSA to begin selling their ETD equipment to airport security professionals. This approval has opened the door for IMSC to begin taking some market share away from the more established players in the US and beyond.
Hot Shipping Companies To Own In Right Now: Flowers Foods Inc (FLO)
Flowers Foods, Inc. (Flowers Foods), incorporated in October 2000, is a producer and marketer of bakery products in the United States. The Company is the producer and marketer of packaged bakery foods for retail and foodservice customers in the United States. Flowers Foods operates 44 bakeries that produce a range of bakery products, which include breads, buns, rolls, snack cakes, and pastries. These products are sold through a direct-store-delivery network with access to approximately 70% of the United States population in the East, South, and Southwest, as well as in certain markets in California. Select Flowers products are sold nationwide through customers' delivery systems. Among the Company�� top brands are Nature�� Own and Tastykake. The Company has two business segments: direct-store-delivery (DSD segment) and warehouse delivery segment (warehouse segment). In May 2011, the Company acquired Tasty Baking Company. In July 2012, it acquired Lepage Bakeries, Inc.
The DSD segments focuses on the production and marketing of bakery products to United States customers in the Southeast, Mid-Atlantic, Northeast and Southwest, as well as select markets in California and Nevada primarily through its DSD system. The warehouse segment produces snack cakes and breads and rolls that are shipped both fresh and frozen to national retail, foodservice, vending, and co-pack customers through their warehouse channels. The Company�� brands include Whitewheat, Cobblestone Mill, Blue Bird, ButterKrust, Dandee, Mary Jane, and Mary Jane and Friends. During the year ended December 31, 2011, it introduced the new products under this brand, including Nature�� Own Whitewheat Sandwich Rounds; Nature�� Own Whole Grain Sandwich Rolls and Hot Dog Rolls; Nature�� Own Cinnamon Raisin Thin Sliced Bagels; Nature�� Own Soft Oatmeal Specialty Bread; Nature�� Own 100% Whole Grain Specialty Bread, and Nature�� Own Honey Wheat Berry Specialty Bread. In addition to Nature�� Own, its DSD segment also marke! ts: a range of specialty breads and rolls under the Company-owned Cobblestone Mill brand; white breads and buns under regional company owned and franchised brands, such as Sunbeam, Bunny, Aunt Hattie��, Holsum, and ButterKrust; Tastykake and Blue Bird branded snack cakes and pastries; flour, white, and corn tortillas under the Mi Casa and Frestillas brands, and fresh packaged bakery products under store brands for retailers.
The Company�� warehouse segment markets a range of specialty breads and rolls under the European Bakers brand, breads, buns, and rolls for specific foodservice customers, and tortillas and tortilla chips under Leo�� Foods and Juarez. This segment�� snack cakes are sold under the Mrs. Freshley��, Broad Street Bakery, and store brands. Its warehouse segment products are distributed nationally through retail, foodservice and vending customer warehouses.
The Company competes with Grupo Bimbo S.A. de C.V./Bimbo Bakeries, Hostess Brands, Inc., Sara Lee Corporation, Campbell Soup Company, McKee Foods Corporation, Cloverhill Bakery, Hostess Brands, Inc., Alpha Baking Co., Inc., Rotella�� Italian Bakery, United States Bakery, Turano Baking Company and All Round Foods, Inc.
Advisors' Opinion:- [By Gerrit De Vynck]
Maple Leaf Foods Inc. (MFI), the Canadian producer of foods from hamburgers to frozen pasta, has drawn bids for its bread unit from Grupo Bimbo SAB, Flowers Foods Inc. (FLO) and several private-equity firms, three people with knowledge of the matter said.
- [By Tim Brugger]
Following the announcement earlier this year of its intention to buy several bakeries, depots, and brand names as part of Hostess' bankruptcy proceedings, Flowers Foods (NYSE: FLO ) has completed the $355 million deal, the company announced yesterday.
- [By Rich Duprey]
Following the announcement last month that a pair of private equity investors will return Twinkies to store shelves on July 15, Flowers Foods (NYSE: FLO ) said yesterday it has received regulatory approval to purchase the old Hostess Brands portfolio of breads, including Wonder, Nature's Pride, and Home Pride.
- [By Caroline Bennett]
The board of directors for Flowers Foods (NYSE: FLO ) announced a three-for-two stock split at the annual shareholders meeting this week and increased the total annual cash dividend by $0.035.
Hot Shipping Companies To Own In Right Now: Clarke(t)
T.Clarke plc, a building services contractor, provides electrical and mechanical installation services and supplies associated equipment. The company offers information communications technology (ICT) services in the areas of structured cabling and connectivity, network infrastructure and security, networked energy management, data centre infrastructure, and managed and support services; facilities management services, such as preventative, reactive, and planned maintenance solutions; and green technologies services, which comprise photovoltaics, rainwater harvesting, biomass boilers, ground source heating, air source heating, wind turbines, lighting, and carbon reduction audit services. It also provides massive reading station redevelopment, cross rail, border rail link, and underground power upgrade services for the rail sector; lifecycle building services combining mechanical and electrical works with ICT for utilities and technologies sectors; lifecycle services for ho tel and residential sectors, which include electrical, ICT, and mechanical systems design, installation, commissioning, and maintenance; and mechanical and electrical contracting services for education, healthcare, government/local authority, retail and leisure, stadiums, transport, towers, media, and residential sectors. In addition, the company manufactures and prefabricates elements of an installation, as well as engineering components. T.Clarke plc was founded in 1889 and is headquartered in London, the United Kingdom.
Advisors' Opinion:- [By WALLSTCHEATSHEET]
AT&T provides communications products and services to growing consumers and companies across the nation. The stock has seen a modest run over the last several years but is now bumping up against a long-term downtrend. Earnings and revenue numbers have been mixed which have mostly disappointed investors in the stock. Relative to its peers and sector, AT&T has been a poor year-to-date performer. WAIT AND SEE what AT&T does this coming quarter.
- [By Andrew Tonner]
The company isn't exactly a bargain, and it's also a established, mature company in a relatively low-growth area. We aren't talking about some hot dot-com here. However, one of the real beauties of Verizon isn't its growth, but its power within its market. Few would deny that Verizon and�AT&T (NYSE: T ) share an effective oligopoly in the U.S. telecom market.
- [By Quick Pen]
The U.S. telecom player Verizon (VZ) is slated to release its third quarter earnings on October 21. Analysts project the wireless player�� earnings to rise to $0.92 a share from $0.77 a share reported a year before, delighting its investors. The New York headquartered company is the top U.S. national carrier on the basis of subscriber base, offering communication services in the U.S. Fellow rival AT&T (T) is scheduled to release its earnings the next day of Verizon, i.e., October 22.
- [By WWW.DAILYFINANCE.COM]
Chris Ratcliffe/Bloomberg via Getty Images AT&T (T) has approached DirecTV (DTV) about a possible acquisition of the satellite TV company, the Wall Street Journal reported, citing people familiar with the situation. A deal would likely be worth at least $40 billion, DirecTV's current market capitalization, the newspaper said. A combination of AT&T and DirecTV would create a pay television giant close in size to where Comcast (CMCSA) will be if it completes its pending acquisition of Time Warner Cable (TWC), the Journal said. Representatives for AT&T weren't immediately available for comment outside of regular U.S. business hours. DirecTV spokesman Robert Mercer said the company doesn't comment on speculation.
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