Last night, Starbucks (SBUX) announced that it was buying the chunk of its Japanese business it didn’t already own for more than $900 million. Wells Fargo’s Bonnie Herzog and team call it a “wise strategic move” for Starbucks:
ReutersJapan is currently a very strong market for Starbucks. It has had solid 4%+ comps over the past several years, and has amongst the most profitable stores in the�Starbucks network due to high transaction and average tickets that drive store margins to the low to mid-20%��. This transaction accelerates overall growth in several ways as it will: (1) speed up new stores in Japan, including drive-thrus; (2) grow�Starbucks sales in CPG, licensing and foodservice; (3) significantly expand sales in the underpenetrated RTD coffee category in which�Starbucks currently only has a ~2% share; (4) fully leverage Teavana in a tea centric market; and (5) expand mobile/digital capabilities and key learnings from Japan to the rest of the world. As a result, we expect that the accretion from this transaction will continue to grow over time…
Top Insurance Stocks For 2015: Zix Corporation(ZIXI)
Zix Corporation provides Internet-based applications in software as a service model that enables the use of secure email for sensitive information exchange primarily in the healthcare, financial services, insurance, and government sectors in the United States. It offers email encryption service, a secure messaging service, which allows an enterprise to use policy-driven rules to determine which emails should be sent securely to comply with regulations or policies. The company also provides a solution that analyzes and encrypts email communications. Its services offer users the ability to deliver encrypted email to any email user at any email address by using the ZixCorp Best Method of Delivery protocol that automatically determines the direct and appropriate means of delivery, based on the sender?s and recipient?s communications environment and preferences. Zix Corporation sells its services through a direct sales force, and a network of resellers and other distribution partners. The company was formerly known as ZixIt Corporation and changed its name to Zix Corporation in 2002. Zix Corporation was founded in 1983 and is headquartered in Dallas, Texas.
Advisors' Opinion:- [By Lisa Levin]
Zix (NASDAQ: ZIXI) shares tumbled 10.82% to touch a new 52-week low of $3.46 after the company reported Q1 earnings of $0.03 per share on revenue of $12.20 million.
- [By Seth Jayson]
Zix (Nasdaq: ZIXI ) is expected to report Q1 earnings on April 23. Here's what Wall Street wants to see:
The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Zix's revenues will expand 15.0% and EPS will wither 0.0%. - [By Monica Gerson]
Zix (NASDAQ: ZIXI) shares reached a new 52-week high of $4.82. ZixCorp's trailing-twelve-month profit margin is 18.08%.
Official Payments Holdings (NASDAQ: OPAY) shares surged 0.23% to touch a new 52-week high of $8.65. Official Payments shares have jumped 87.61% over the past 52 weeks, while the S&P 500 index has gained 16.68% in the same period.
Top 10 Japanese Companies To Watch For 2014: Asanko Gold Inc (AKG)
Asanko Gold Inc., incorporated on September 23, 1999, is a natural resource company engaged in the acquisition and exploration of mineral resources in West Ghana. Its mineral properties are in the exploration and development stage. Its primary property is the Esaase project. The Company is focused on advancing the Esaase Gold Project to commercial production. In addition to its principal project, the Company holds a portfolio of other Ghanaian gold concessions in various stages of exploration. As of February 28, 2014, the Company�� material properties consisted of the Asanko Gold Mine project, the Asumura Property and the Diaso Property, all in West Ghana, Africa. In February 2014, Asanko Gold Inc successfully completed the acquisition of PMI Gold Corporation.
Asanko Gold Mine Property
The Asanko Gold Mine Property is a development stage property located in the Amansi East District of Ghana, approximately 35 kilometers south west of the regional capital Kumasi. The property comprises the Nkran pit, the Adubiaso pit, the Dynamite Hill deposit, the Asuadai deposit, the Abore pit and the Esaase deposit. The Property has gold resources of approximately 7.52 million ounces and gold reserves of approximately 4.81 million ounces.
The Asumura Property
The Asumura Property is without known resources or reserves and the work being done by the Company is exploratory in nature. The Asumura Property is located in the south-western part of Ghana and is divided into two parts by the Bia River. The western part of the property is within the Western Region of Ghana in the Juabeso Bia District and the eastern part is in the Brong Ahafo Region of Ghana. The Asumura Property consists of two exploration concessions: Fosukrom and Asumura, which together equal 279.4 square kilometers.
Advisors' Opinion:- [By MONEYMORNING]
As well, Primero Mining (NYSE: PPP) bought Brigus Gold Corp (USA)(NYSE: BRD) for $220 million, and Asanko Gold (NYSEMKT: AKG) is acquiring PMI Gold Corporation (TSE: PMV).
Top 10 Japanese Companies To Watch For 2014: Honeywell International Inc.(HON)
Honeywell International Inc. operates as a diversified technology and manufacturing company worldwide. Its Aerospace segment provides turbine propulsion engines, auxiliary power units, environmental control and electric power systems, engine systems and accessories, avionic systems, aircraft lighting, inertial sensors, control products, space products and subsystems, and landing products for aircraft manufacturers, airlines, business and general aviation, military, space, and airport operations, as well as offers management and technical, logistics, aircraft wheels and brakes and repair, and overhaul services. The company?s Automation and Control Solutions segment provides environmental and combustion controls, and sensing controls; security and life safety products and services; scanning and mobility products; process automation products and solutions; and building solutions and services for homes, buildings, and industrial facilities. Its Specialty Materials segment prov ides resins and chemicals; hydrofluoric acid; fluorocarbons; fluorine specialties; nuclear services; performance chemicals; chemical processing sealants; fibers and composites; specialty films and additives; imaging and electronic chemicals; semiconductor materials and services; catalysts, adsorbents, and specialties; and renewable fuels and chemicals. It offers these products for refining, petrochemical, automotive, healthcare, agricultural, packaging, refrigeration, appliance, housing, semiconductor, wax, and adhesives segments. This segment also provides process technology and equipment for the petroleum refining, and petrochemical and gas processing industries. The company?s Transportation Systems segment provides charge-air systems; thermal systems; filters, spark plugs, electronic components, and car care products; and brake hard parts and other friction materials for passenger cars and commercial vehicles. The company was founded in 1920 and is headquartered in Morris Township, New Jersey.
Advisors' Opinion:- [By Alex Planes]
Two years later, Autolite began producing the spark plugs for which it is now known. It has since produced more than 10 billion spark plugs. It was a longtime subsidiary of Honeywell (NYSE: HON ) �until the conglomerate sold off its consumer products division in 2011. Its corporate website, as you might expect, makes no mention of the strike, which was a key turning point in the unionization of the auto industry.
- [By Wallace Witkowski]
Heavyweights in the S&P 500 such as Apple Inc. (AAPL) , Microsoft Corp. (MSFT) �, Comcast Corp. (CMCSA) , Cisco Systems Inc. (CSCO) , AbbVie Inc. (ABBV) , Honeywell Corp. (HON) , Priceline.com Inc. (PCLN) , DuPont (DD) , Dow Chemical Co. (DOW) , Monsanto Co. (MON) , and Starbucks Corp. (SBUX) �all saw a 20% or more jump in the number of short-interest positions in the past two weeks alone, according to FactSet data.
- [By Laura Brodbeck]
Friday
Earnings Expected From: General Electric Company (NYSE: GE), Schlumberger N.V. (NYSE SLB), Morgan Stanley (NYSE: MS), Honeywell International Inc. (NYSE: HON), Suntrust Banks, Inc. (NYSE: STI) Economic Releases Expected: US Leading Indicators, British Mortgage ApprovalsPosted-In: Federal ReserveNews Eurozone Commodities Previews Global Economics Federal Reserve After-Hours Center Markets Trading Ideas Best of Benzinga
Top 10 Japanese Companies To Watch For 2014: Mechel Steel Group OAO (MTL)
Mechel OAO, together with its subsidiaries, engages in mining and steel businesses in the Russian Federation, other CIS countries, Europe, Asia, the Middle East, the United States, and internationally. The company operates through four segments: Mining, Steel, Ferroalloys, and Power. The Mining segment engages in the production and sale of metallurgical and steam coal, coke, iron ore, and limestone, as well as chemical products, such as coal tar, naphthalene, and other compounds. The Steel segment produces and sells semi-finished steel products, carbon and special long products, and carbon and stainless flat products, as well as metal products, including wire products, forgings, and stampings. The Ferroalloys segment is involved in the production and sale of nickel ore, low-ferrous ferronickel, ferrochrome, and ferrosilicon. The Power segment engages in the generation and sale of electricity and heat energy from steam coal; and power distribution activities. The company, f ormerly known as Mechel Steel Group OAO, was founded in 2003 and is based in Moscow, the Russian Federation.
Advisors' Opinion:- [By Eric Volkman]
The coffers of Mechel (NYSE: MTL ) are now much fuller. The company has signed an agreement for a 40 billion ruble ($1.3 billion) loan from VTB Bank, a lender based in Mechel's home base of Russia. Of the total, roughly 25 billion ($802 million) will go toward the servicing of short-term facilities coming due in 2013. It also aims to refinance other debt obligations with the monies.
- [By MONEYMORNING.COM]
As a result, Russian stocks have generally been getting hammered. To keep the data clean and discrete, I ran the charts over the last three months. In that period, energy giants Gazprom OAO (OTC: OGZPY) and CNOOC Ltd. (ADR) (NYSE: CEO) are both off more than 18%. The steel company Mechel OAO (ADR) (NYSE: MTL) is off 24%.
Top 10 Japanese Companies To Watch For 2014: Virtual Piggy Inc (VPIG)
Virtual Piggy Inc., formerly Moggle, Inc., incorporated on February 11, 2008, is a development-stage company. The Company is a technology development company that delivers an online security platform, which consists of three separate products: Virtual Piggy, ParentMatch and ParentPlayback, and Age Verification Service. Its Virtual Piggy product enables online businesses to interact and transact with the Under 18 market in a manner consistent with the Children�� Online Privacy Protection Act (COPPA). The Company�� Platform is designed to solve the friendly fraud problem for Website operators, providers, and online retailers, and permitting Website operators and online retailers to transact online business with children between the ages of 8 and 13 in compliance with COPPA.
Virtual Piggy
Virtual Piggy was developed in response to the growing need for parents/guardians to allow their children to transact online in a controlled manner in light of an increasing number of online services and products targeted towards children. Virtual Piggy provides an online payment profile that allows parents to set up, monitor and control their children�� online spending. Parents can establish how much a child can spend in a single transaction, or over time, and also control the merchants with which the child can transact business. Parents also have the ability to set up approval rules and notification methods. The Virtual Piggy product tracks all spending and parents can receive alerts and reports on spending patterns. Virtual Piggy has been certified by the Chase Paymentech system and can process transactions from all major credit and debit card systems, including MasterCard, Visa, and American Express.
ParentMatch and ParentPlayback
The ParentMatch and ParentPlayback Web services are designed to provide the parent/guardian with a higher level of control than is provided by nanny type services. In addition, the Web service ID will follow the child whenever he or! she is on a computer, as opposed to traditional controls that are resident on a personal computer (PC) by PC basis. ParentMatch will provide filtering for the parent or guardian to be able to control, such areas as the Web sites a child may access; the types of content they may view, and who they can interact with online. ParentPlayback will provide the parent or guardian with a video transcript of their child�� online session.
Age Check
Age Check will be a persistent software system and service designed to provide a verification mechanism for the age of a person online. The system and service will provide a secure checking mechanism to determine a person�� age. The main purpose of this system and service is to determine whether setup information supplied by a person to gain access to a social network or other online site is correct. The invention will provide an Application Programming Interface (API) that exposes software functions that Websites, Web services and Internet enabled desktop applications can utilize to enforce age checks when a person attempts to create an online account and/or gain access to a Website.
The Company competes PayPal and Teen Visa.
Advisors' Opinion:- [By CRWE]
Today, VPIG has shed (-4.37%) down -0.10 at $2.19 with 144,475 shares in play thus far (ref. google finance Delayed: 1:26PM EDT June 26, 2013), but don�� let this get you down.
Virtual Piggy, Inc. previously reported it has reached a membership of over 250,000 users.
Virtual Piggy promotes financial management while empowering youth under 18 to make purchasing, saving and other money management decisions for themselves, within the boundaries setup by parents. The technology serves as a family wallet that is available online or via mobile, and is always 100% free to use.
- [By CRWE]
Last Friday, VPIG previously surged (+7.27%) up +0.16 at $2.33 with 89,577 shares in play at the close (ref. google finance June 28, 2013 ��Close).
Virtual Piggy, Inc. previously reported it has reached a membership of over 250,000 users.
Virtual Piggy promotes financial management while empowering youth under 18 to make purchasing, saving and other money management decisions for themselves, within the boundaries setup by parents. The technology serves as a family wallet that is available online or via mobile, and is always 100% free to use.
Top 10 Japanese Companies To Watch For 2014: Indus Motor Company Ltd (INDU)
Indus Motor Company Limited is a Pakistan-based company mainly engaged in the manufacture of automobiles and trucks. The Company is a joint-venture between the House of Habib, Toyota Motor Corporation and Toyota Tsusho Corporation for assembling, progressive manufacturing and marketing of Toyota-branded vehicles in Pakistan. It also acts as the sole distributor of Toyota-branded vehicles in Pakistan. In addition, the Company also acts as the sole distributor of Daihatsu-branded vehicles in Pakistan and has a license for assembling, progressive manufacturing and marketing of these vehicles in Pakistan. Advisors' Opinion:- [By Alex Barinka]
Energy and financial stocks fell 0.8 percent each. Exxon Mobil Corp. slipped 0.8 percent to $94.03 and Chevron Corp. slumped 1.1 percent to $126.17. Bank of America Corp. lost 1.4 percent to $14.52 for the biggest decline in the Dow (INDU) while JPMorgan Chase & Co. declined 0.6 percent to $55.69.
- [By Lindsey Rupp]
The S&P 500 rose 0.4 percent to 1,568.61 at 4 p.m. in New York. The Dow (INDU) Jones Industrial Average added 59.98 points, or 0.4 percent, to 14,673.46, its highest-ever closing level. About 5.8 billion shares changed hands on U.S. exchanges, 8 percent below the three-month average.
- [By Nikolaj Gammeltoft]
The publisher of the Granville Market Letter since 1963, Granville predicted the Dow Jones Industrial Average (INDU)�� slide in 1977 to 1978 and the end to the surge in computer-related shares in 2000. He was wrong in 1982 and 1995 when he called for losses before stocks rallied.
- [By Nikolaj Gammeltoft]
The S&P 500 dropped less than 0.1 percent to 1,691.65, its first weekly decline since June 21. The benchmark index reached a record on July 22 and climbed within 3 points of 1,700 for three straight days before retreating. The Dow Jones Industrial Average (INDU) added 15.09 points, or 0.1 percent, to 15,558.83.
Top 10 Japanese Companies To Watch For 2014: Carnival Corporation(CCL)
Carnival Corporation operates as a cruise and vacation company. It provides cruises to various vacation destinations with a portfolio of cruise brands comprising Carnival Cruise Lines, Holland America Line, Princess Cruises, and Seabourn in North America; and AIDA Cruises, Costa Cruises, Cunard, Ibero Cruises, and P&O Cruises in Europe, Australia, and Asia. The company also involves in operation of hotels, as well as offers tour and transportation services. It operates approximately 98 ships, as well as owns and operates 15 hotels or lodges that include 3,420 guest rooms; 395 motorcoaches; and 20 domed rail cars. The company sells its cruises through travel agents, including wholesalers and tour operators. Carnival Corporation was founded in 1974 and is headquartered in Miami, Florida.
Advisors' Opinion:- [By Peter Graham]
The Q3 2014 earnings report for cruise ship stock Carnival Corporation (NYSE: CCL), which also has a listing as Carnival plc (NYSE: CUK) and is a peer of�Royal Caribbean Cruises Ltd (NYSE: RCL) and Norwegian Cruise Line Holdings Ltd (NASDAQ: NCLH), is scheduled to report earnings before the market opens on Tuesday (September 23rd). Aside from the Carnival Corporation earnings report, it should be said that Royal Caribbean Cruises Ltd reported Q2 2014 earnings on July 24th (profit rose fivefold on higher European demand) and Norwegian Cruise Line Holdings Ltd reported Q2 2014 earnings on July 29th (investments in new ships and fleet modernization helped earnings that beat expectations). However and the last time around when Carnival Corporation reported earnings, year over year comparisons may have been misleading because�of an embarrassing February 2013 incident when a�fire on the Carnival Triumph left the ship without power in the Gulf of Mexico and�passengers stranded aboard the stalled ship for four days until it was pulled into port by several tugboats.
- [By Sue Chang and Saumya Vaishampayan]
Carnival Corp. (CCL) �shares slumped 6.8%. The world�� largest cruise operator said Tuesday its third-quarter profit fell to $1.20 a share from $1.71 a share in the year-earlier period.
- [By Laura Brodbeck]
Stocks moving in the Premarket included:
Walt Disney Co (NYSE: DIS) gained 0.79 percent in premarket trade after falling 2.60 percent last week. Lorillard Inc�(NYSE: LO) was up 0.75 percent in premarket trade after gaining 1.67 percent on Friday. Carnival Corp�(NYSE: CCL) rose 0.73 percent in premarket trade after choppy trading took the stock down 2.73 percent over the past five days. JP Morgan Chase and Co�(NYSE: JPM) was down 0.09 percent in premarket trade after losing 4.38 percent last week. EarningsNotable earnings releases expected on Monday include:
- [By Mike Deane]
Carnival Corp (CCL) announced its Q4 and full-year earnings before the bell on Thursday, with quarterly earnings coming in much lower than the same period last year.
CCL Earnings in Brief
-Carnival Corp reported quarterly revenue of $3.658 billion, up slightly from last year’s Q4 figure of $3.579 billion.
-The company’s net income came in at $66 million, down substantially from $93 million.
-On a non-GAAP basis, net income came in at $35 million, or 4 cents per share, down from $111 million, or 14 cents per share.
-Carnival was able to beat analysts’ estimates of 0 cents EPS on revenues of $3.58 billion.
-For the full year, CCL reported revenue of $11.648 billion, which is down slightly from $11.658 billion last year. Non-GAAP EPS came in at $1.58, down from $1.94 in 2012.
-Looking forward to Q1 2014, CCL sees non-GAAP diluted losses in the range of 7 cents to 11 cents.CEO Commentary
Arnold Donald, the CEO of CCL, had the following comments on the company’s earnings:�”Accelerated progress in Carnival Cruise Lines’ brand recovery had a positive impact on fourth quarter results. A steady stream of innovative product initiatives, the launch of a nationwide marketing campaign and travel agent outreach program, as well as an industry-leading vacation guarantee fueled the brand’s improvement.”
No Dividend Change
CCL didn’t announce any changes to its quarterly dividend in its quarterly earnings report. The company reinstated its dividend in April 2013, and currently pays 25 cents quarterly. CCL made its last dividend payment December 13. Investors should look for CCL to declare its next dividend in the coming month.
Stock Performance
CCL stock was up $1.50, or 4%, in early morning trading. YTD, the company’s stock is down 1.04%.
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