The market quickly took a nosedive after Russia’s president said his nation would assist Syria if it was attacked, and President Barack Obama defended the logic of a limited U.S. strike.
Update: The Dow Jones Industrial average is now higher by 9 points. The Dow was down 94 points to 14,843, after dropping nearly 150 points. �The S&P 500 index was off by 5.5 points to 1649, while the Nasdaq Composite was off nearly 17 points to 3642. �
Equities had traded higher despite a disapointing�jobs report, which showed a lower unemployment rate, but more workers dropping out of the market or working part-time jobs.
With stability in the Middle East in question, the price of oil continues to climb higher, with the U.S. benchmark�up $1.24, or 1.1%, to $109.61 per barrel.
On the use of force in Syria, where the regime’s alleged use of deadly gas killed 1,400 people, including more than 400 children, according to U.S. and other reports, President Obama just said in live remarks from the G-20 summit in St. Petersburg, Russia:
Top 10 European Companies To Buy Right Now: Akzo Nobel NV (AKZA)
Akzo Nobel NV is a manufacturer of paints, coatings and specialty chemicals based in the Netherlands. The Company operates within four segments. Within Buildings and Infrastructure segment, it manufactures decorative paints, protective, powder and coil coatings, and wood finishes for construction industry. Transportation segment offers specialty and powder coatings for automotive parts, peroxides, metal alkyls, and automotive, marine, yacht and aerospace coatings. Consumer Goods segment supplies finishes, adhesives and powder coatings for wood, specialty finishes for electronics, packaging coatings, surfactants, polymers and amines used in manufacture of soap, personal products and detergents. Within Industrial segment, it produces bulk chemicals, specialty chemicals, pulp and paper. In October 2013, it divested its Building Adhesives business; and acquired 50% stake and management control of Sadolin Paints Oman SAOC through joint venture agreement with Omar Zawawi Establishment LLC. Advisors' Opinion:- [By Jonathan Morgan]
Akzo Nobel NV (AKZA) tumbled 8 percent to 43.52 euros, the biggest slide since 2008. Europe�� largest paintmaker reported a 14 percent decline in second-quarter earnings before interest, taxes, depreciation and amortization to 474 million euros. Sales fell 4 percent to 3.87 billion euros. Analysts had predicted 3.9 billion euros in revenue on average, based on estimates collated by Bloomberg.
Top 10 Forestry Companies For 2014: CenturyLink Inc.(CTL)
CenturyLink, Inc., together with its subsidiaries, operates as an integrated communications company. The company provides a range of communications services, including voice, Internet, data, and video services in the continental United States. Its services include local exchange and long distance voice telephone services, as well as enhanced voice services, such as call forwarding, caller identification, conference calling, voicemail, selective call ringing, and call waiting; wholesale local network access services; and data services, including high-speed Internet access services, data transmission services over special circuits and private lines, and switched digital television services, as well as special access and private line services. The company also offers fiber transport, competitive local exchange carrier, security monitoring, and other communications, as well as professional and business information services. In addition, it provides other related services, such as leasing, selling, installing, and maintaining customer premise telecommunications equipment and wiring; payphone services; and network database services, as well as participates in the publication of local telephone directories. Further, the company offers printing, direct mail services, and cable television services; and wireless broadband Internet access services and satellite television services. As of December 31, 2010, it operated approximately 6.5 million telephone access lines. CenturyLink, Inc was founded in 1968 and is based in Monroe, Louisiana.
Advisors' Opinion:- [By Selena Maranjian]
Douglas C. Lane reduced its stake in lots of companies, including telecom company CenturyLink (NYSE: CTL ) . The company sports a tempting 6% dividend yield, and that's after it cut its payout by about 25%, in part to focus more on share buybacks. The company landed a hefty Pentagon contract in April, with a possible 10-year value of $750 million and has been moving into promising arenas such as cloud computing (via its purchase of SAVVIS). CenturyLink carries more than $19 billion in debt, but it's also generating significant free cash flow, near $3 billion annually. Its revenue growth has been accelerating in recent years and has long been in double digits annually.
- [By Katie Spence]
As a writer for The Motley Fool, it's easy for me to be critical of companies -- that's my job. But watching million- and billion-dollar companies look past their bottom-line to help fire victims reaffirmed to me why there's more to evaluating a company than just finances. CenturyLink (NYSE: CTL ) offered free call forwarding to fire victims. Verizon Communications (NYSE: VZ ) provided a $10,000 grant to The American Red Cross, offered one-to-one matching of employee donations, and set up a system in which Verizon wireless customers could donate $10 by texting, without a fee, STORM or REDCROSS. And unlike DIRECTV's initial response to a fire victim that resulted in widespread social-media outrage, DISH Network (NASDAQ: DISH ) proactively issued a statement saying all equipment damage fees would be waived, fire victims could pause service, and there would be no reinstallation fees. �
- [By Dan Burrows]
HCP stock is having a fine year for a big dividend payer, putting up a gain of 3% so far in 2014. That’s not bad for a stock that offered up disappointing full-year guidance, despite beating the Street on fourth-quarter earnings — helped by higher revenue, not cost cuts.
#3: CenturyLink (CTL)CTL Dividend Yield: 7.02%
Top 10 Forestry Companies For 2014: Green Automotive Co (GACR)
Green Automotive Company, incorporated on November 15, 1996, is a vehicle design, engineering, manufacturing and distribution company. The Company also provides after sales program. It possesses a portfolio of businesses and is active in three main market segments: Cutting edge technology development, engineering and design with a focus on zero and low emission vehicle solutions; Manufacturing and customization of vehicles for markets with the potential to be converted into low emission or electric vehicles, such as shuttle buses, taxis, commercial vehicles, and After sales services for electric or low emission vehicles, including servicing and repair. On December 14, 2012, the Company closed its merger with Matter of Time I Co. As per the merger agreement, Matter of Time I Co. dissolved into and became a part of Green Automotive Company, with Green Automotive Company being the surviving corporation. In January 2014, Green Automotive Co Inc acquired a 21.63% interest in Viridian Motor Corp Inc.
The Company's two divisions servicing the three segments are Liberty Electric Cars Ltd and Newport Coachworks Inc. Liberty Electric Cars Ltd designs and develops EV technologies for use in its own converted vehicles and for sale to original equipment manufacturers (OEM��) for incorporation into its production. In addition, it provides an aftermarket program for electric vehicle users to ensure the longevity of their vehicles. Newport Coachworks Inc. specializes in building shuttle buses, running on a variety of energy sources from petrol and diesel though to compressed natural gas (CNG).
The Company competes with Zytec, AMPD, Siemens, Tiffany, Krystal, Ford, and General Motors, Cummins and Freightliner.
Advisors' Opinion:- [By John Udovich]
The electric vehicle industry and stocks like Tesla Motors Inc (NASDAQ: TSLA), Kandi Technologies Group Inc (NASDAQ: KNDI) and Green Automotive Co (OTCMKTS: GACR) continue to produce a steady flow of interesting and relevant news for investors and traders alike with the following news being worth paying close attention to:
- [By John Udovich]
There has been plenty of interesting news�coming from the electric vehicle industry as well as from large cap stock Tesla Motors Inc (NASDAQ: TSLA) and small cap players like� Kandi Technologies Group Inc (NASDAQ: KNDI), HydroPhi Technologies Group, Inc (OTCMKTS: HPTG) and Green Automotive Co (OTCMKTS: GACR):
- [By Bryan Murphy]
So much fuss has been made over its battery-powered bus division (Newport Coachworks) and its EV maintenance and design division (Liberty Electric Cars) that it's been easy - too easy - to overlook a Green Automotive Co. (OTCMKTS:GACR) entity that's just as compelling.... GoinGreen. That may be because the first two units have had much more to tout of late, like the fact that Liberty is involved in the development of a new electric vehicle that's being sanctioned and managed by an EU consortium. Meanwhile, it's only been the past few months that Newport Coachworks completed the assembly of its first 100% electric buses. Or, perhaps GoinGreen hasn't gotten much media attention because it's the most ubiquitous of the three business under the GACR umbrella. Whatever the reason, the situation is being remedied today, on the heels of a major announcement from Green Automotive Company about GoinGreen.
- [By John Udovich]
There is a steady stream of recent electric vehicle sector or related stock news from�the likes of Tesla Motors Inc (NASDAQ: TSLA), Kandi Technologies Group Inc (NASDAQ: KNDI), HydroPhi Technologies Group, Inc (OTCMKTS: HPTG) and Green Automotive Co (OTCMKTS: GACR) that you might want to be paying attention to:
Top 10 Forestry Companies For 2014: Mitsubishi UFJ Financial Group Inc (MTU)
Mitsubishi UFJ Financial Group, Inc. (MUFJ), incorporated on April 2, 2001, is a holding company for The Bank of Tokyo-Mitsubishi UFJ, Ltd. (BTMU), Mitsubishi UFJ Trust and Banking Corporation (MUTB), Mitsubishi UFJ Securities Holdings Co., Ltd. (MUSHD), Mitsubishi UFJ Morgan Stanley Securities Co., Ltd.( MUMSS), Mitsubishi UFJ NICOS Co., Ltd. (Mitsubishi UFJ NICOS) and other companies engaged in a range of financial businesses. Its services include commercial banking, trust banking, securities, credit cards, consumer finance, asset management, leasing and fields of financial services. In May 2010, the Company and Morgan Stanley formed two joint ventures in Japan by integrating our respective Japanese securities companies engaged in investment banking and securities businesses. The Company converted the wholesale and retail securities businesses conducted in Japan by the former MUS into one of the joint venture entities, which is named MUMSS. Morgan Stanley contributed the investment banking operations conducted in Japan by its formerly wholly owned subsidiary, Morgan Stanley Japan Securities Co., Ltd. (MSJS) into MUMSS and converted the sales and trading and capital markets businesses conducted in Japan by MSJS into a second joint venture entity called Morgan Stanley MUFG Securities, Co., Ltd.
Integrated Retail Banking Business Group
The Integrated Retail Banking Business Group covers all domestic retail businesses, including commercial banking, trust banking and securities businesses, and enables the Company to offer a range of banking products and services, including financial consulting services, to retail customers in Japan. This business group integrates the retail business of BTMU, MUTB and MUMSS, as well as retail product development, promotion and marketing in a single management structure. Many of its retail services are offered through its network of MUFG Plazas providing individual customers with access to its financial product offerings of integrated commercial b! anking, trust banking and securities services.
The Company offers a range of bank deposit products, including a non-interest-bearing deposit account that is redeemable on demand and intended for payment and settlement functions, and is insured without a maximum amount limitation. It also offers a variety of asset management and asset administration services to individuals, including savings instruments, such as current accounts, ordinary deposits, time deposits, deposits at notice and other deposit facilities. MUFJ also offers trust products, such as loan trusts and money trusts, and other investment products, such as investment trusts, performance-based money trusts and foreign currency deposits.
The Company creates portfolios by combining savings instruments and investment products. It also provide a range of asset management and asset administration products, as well as customized trust products for high-net-worth individuals, as well as advisory services relating to the purchase and disposal of real estate and effective land utilization, and testamentary trusts. The Company provides a varied line up of investment trust products allowing its customers to choose products according to their investment needs through BTMU, MUTB and MUMSS, as well as kabu.com Securities, which specializes in online financial services. In the fiscal year ended March 31, 2010, BTMU offered a total of five investment trusts. As of the end of March 2010, BTMU offered its clients a total of 73 investment trusts.
The Company offers securities, including publicly offered stocks, foreign and domestic investment trusts, Japanese government bonds, foreign bonds and various other products. The Company offers housing loans, card loans and other loans to individuals. With respect to housing loans, in addition to housing loans incorporating health insurance for seven major illnesses, BTMU began offering in June 2009 preferential interest rates under its Environmentally Friendly Support program ! to custom! ers who purchase environment-conscious houses (like houses with solar electric systems), which meet specific criteria in response to increasing public interest in environmental issues. In September 2009, BTMU launched housing loans with home mortgage insurance, which BTMU jointly developed with the Japan Housing Finance Agency, a governmental agency under the Japanese government�� economic stimulus measures, under which the agency indemnifies BTMU for losses from housing loans.
The Company offers products and services through a range of channels, including branches, automated teller machines (ATMs) (including convenience store ATMs shared by multiple banks), Mitsubishi-Tokyo UFJ Direct (telephone, Internet and mobile phone banking), the Video Counter and postal mail. It offers integrated financial services combining its banking, trust banking and securities services at MUFG Plazas. These Plazas provide retail customers with integrated and flexible suite of services at one-stop outlets. As of March 31 2010, the Company provided those services through 47 MUFG Plazas. The Company offers MUTB�� trust related products and advisory services through its trust agency system not only for MUTB customers but also for BTMU and MUMSS customers. As of March 31, 2010, BTMU engaged in eight businesses as the trust banking agent for MUTB: testamentary trusts, inheritance management, asset succession planning, inheritance management agency operations, business management financial consulting, lifetime gift trusts, share disposal trusts, and marketable securities administration trusts.
Integrated Corporate Banking Business Group
The Integrated Corporate Banking Business Group covers all domestic and overseas corporate businesses, including commercial banking, investment banking, trust banking and securities businesses, as well as UnionBanCal Corporation (UNBC). UNBC is a wholly owned subsidiary of BTMU and a US bank holding company with Union Bank being its primary subsidiary. T! he Compan! y provides various financial solutions, such as loans and fund management, remittance and foreign exchange services. It also helps its customers develop business strategies, such as inheritance-related business transfers and stock listings.
It offers advanced financial solutions to companies through corporate and investment banking services. Product specialists globally provide derivatives, securitization, syndicated loans, structured finance and other services. It also provides investment banking services, such as merger and acquisition (M&A) advisory, bond and equity underwriting. It provides online banking services that allow customers to make domestic and overseas remittances electronically. It also provides a global cash pooling/netting service, and the Treasury Station, a fund management system for a multi-company group. The Company�� global Corporate and Investment Banking business (Global CIB), primarily serves companies, financial institutions, and sovereign and multinational organizations with a set of solutions for their financing needs.
Integrated Trust Assets Business Group
The Integrated Trust Assets Business Group covers asset management and administration services for products, such as pension trusts and security trusts by integrating the trust banking expertise of MUTB and the international strengths of BTMU. The business group provides a range of services to corporate and pension funds, including stable and secure pension fund management and administration, advice on pension schemes, and payment of benefits to scheme members. Its Integrated Trust Assets Business Group combines MUTB�� trust assets business, comprising trust assets management services, asset administration and custodial services, and the businesses of Mitsubishi UFJ Global Custody S.A., Mitsubishi UFJ Asset Management Co., Ltd. and KOKUSAI Asset Management Co., Ltd.
Advisors' Opinion:- [By Jay Jenkins]
In the video below, Motley Fool contributor Jay Jenkins discusses the success stories like Union Bank (a subsidiary of Mitsubishi UFJ Financial Group (NYSE: MTU ) ), SunTrust (NYSE: STI ) , and Charles Schwab (NYSE: SCHW ) .�
- [By Jim Jubak]
Yesterday in Tokyo, the Nikkei 225 stock index (NKY:IND) closed up 3.13%. Financial and real estate stocks were the big winners. In the financial sector, Mitsubishi UFJ Financial Group (MTU) rose 5.03% and Sumitomo Mitsui Financial Group (SMFG) climbed 5.0%. (Mitsubishi UFJ Financial Group is a member of my Jubak's Picks portfolio.) In the real estate sector, Heiwa Real Estate (8803:JP) gained 4.13% and Mitsui Fudosan (8801:JP) advanced 3.31%. The yen fell against the dollar by 0.4% to 102.34 yen to the dollar.
Top 10 Forestry Companies For 2014: Public Service Enterprise Group Incorporated(PEG)
Public Service Enterprise Group Incorporated, through its subsidiaries, operates in the energy industry primarily in the northeastern and mid Atlantic United States. The company primarily operates as a wholesale energy supply company that integrates its generating asset operations through its wholesale energy, fuel supply, energy trading, and marketing and risk management activities. It operates nuclear, coal, gas, and oil-fired generation facilities. The company also involves in the transmission of electricity and distribution of electricity and natural gas to residential, commercial, and industrial customers, as well as invests in the development of solar generation projects and energy efficiency programs. In addition, it owns and operates domestic projects engaged in the generation of energy; and offers appliance services and repairs to customers. As of December 31, 2010, it owned approximately 13,538 megawatts of generation capacity. The company also owned and operated approximately 17,608 miles of gas mains, 12 gas distribution headquarters, and 2 subheadquarters, as well as 62 natural gas metering and regulating stations. Public Service Enterprise Group was founded in 1985 and is based in Newark, New Jersey.
Advisors' Opinion:- [By Shauna O'Brien]
Jefferies announced on Tuesday that it has upgraded Public Service Enterprise Group Inc. (PEG).
The firm has lifted its rating on PEG from “Hold” to “Buy,” and has raised the company’s price target from $36 to $37. This price target suggests a 12% increase from the stock’s current price of $32.42.
Analyst Paul Fremont commented: “We are upgrading to Buy based on the improving outlook for regulatory approval of the company’s “Energy Strong” capital spending program.
“Each $1.0 billion of incremental spending will add an estimated $0.10 to PEG’s earnings. We assume that incremental spending is funded by debt and by incremental cash expected from the increasing gas basis differential between the Leidy hub and New Jersey. Our new estimates are considerably higher than consensus in 2014-16.”
Public Service Enterprise Group shares were mostly flat during pre-market trading Tuesday. The stock is up 6% YTD.
- [By John Kell and Lauren Pollock var popups = dojo.query(".socialByline .popC"); ]
Power company Public Service Enterprise Group(PEG) unveiled a $12 billion five-year capital spending plan Friday, an effort to boost earnings growth at its utility segment.
- [By Stephen Quickel]
The stock trades at forward P/E of 22.8 times the consensus 2014 earnings estimate. Factoring in its 23.2% a year expected bottom line growth, the stock's P/E to Growth (PEG) ratio of 0.98—right at the 1.00 level—is considered ideal by PEG ratio advocates.
Top 10 Forestry Companies For 2014: Teledyne Technologies Incorporated (TDY)
Teledyne Technologies Incorporated provides instrumentation, digital imaging products and software, aerospace and defense electronics, and engineered systems in the United States and internationally. The company?s Instrumentation segment provides monitoring and control instruments for marine, environmental, scientific, industrial, and defense applications, as well as harsh environmental interconnect products. Its Digital Imaging segment includes sponsored and centralized research laboratories benefiting government programs and businesses, as well as development efforts for innovative digital imaging products for government and space applications. It also includes infrared detectors, cameras, and optomechanical assemblies. Teledyne Technologies? Aerospace and Defense Electronics segment provides electronic components and subsystems and communications products, including defense electronics, data acquisition, and communications equipment for air transport and business aircra ft and components and subsystems for wireless and satellite communications, as well as general aviation batteries. The company?s Engineered Systems segment provides systems engineering and integration, advanced technology application, software development, and manufacturing solutions to space, military, environmental, energy, chemical, biological and nuclear systems, and missile defense requirements. This segment also designs and manufactures hydrogen generators, thermoelectric and fuel-cell based power sources, and small turbine engines. Teledyne Technologies? customers include government agencies, aerospace prime contractors, energy exploration and production companies, industrial companies, and airlines. The company was founded in 1960 and is headquartered in Thousand Oaks, California.
Advisors' Opinion:- [By Geoff Gannon]
We should be careful to overstate the tax aspect of buybacks. For example, Q-Logic has a lot of cash overseas (almost all of its $500 million). The company could ��in theory ��make several tender offers for close to 50% of its market cap with that cash. This is the Teledyne (TDY) approach. Q-Logic doesn�� do that for several reasons. One, it likes having some cash on hand at all time. But, more importantly, it doesn�� want to pay the tax.
Top 10 Forestry Companies For 2014: Franco-Nevada Corp (FNV)
Franco-Nevada Corporation (Franco-Nevada) is a gold-focused royalty and stream company with interests in platinum group metals (PGMs), oil and gas and other resource assets. The majority of revenues are generated from a diversified portfolio of properties in the United States, Canada, Mexico, Australia and Africa. The portfolio includes over 340 assets covering properties at various stages from production to early stage exploration. Franco-Nevada considers its stream/royalty interest in the Palmarejo and Goldstrike projects to be its only material mineral projects. The oil and gas assets are located primarily in the Western Canadian sedimentary basin with a larger amount of revenue generated from conventional oil than from natural gas properties. The oil and gas assets also include mineral rights to approximately 100,000 gross acres of unproved land in Canada primarily related to oil and natural gas rights, as well as working interests in Arctic gas resources. Advisors' Opinion:- [By Adrian Day]
The names, yeah, I'll give some names, and, of course, everything depends, I mean, all the qualifications, it depends on the person and depends on the price when you go to buy, but you know, I love a company like Franco-Nevada (FNV) which is a royalty company; it's the largest of the royalty companies.
- [By Tyler Laundon]
This royalty business model of Franco-Nevada Gold (FNV) is a winner, especially in this environment, since Franco-Nevada avoids various risks associated with developing and operating gold mines.
- [By Marc Bastow]
The biggest increase among our dividend stocks this week came from gold-focused royalty and stream company Franco-Nevada (FNV), which raised its quarterly dividend 11% to 20 cents per share. The dividend is payable on a as-yet-undetermined date in May.
FNV Dividend Yield: 1.69%
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