Weatherford International (NYSE: WFT ) is going through an identity crisis of sorts that I'm surprised hasn't raised some legal red flags or caused more concern on Wall Street. The company maintains its main operational office in Houston, was formerly legally based in Bermuda, moved to Switzerland in 2009, and now seeks the greener pastures of Ireland to operate at lower costs and further attract top talent. What's going on here? Is Weatherford gaming the system, or�is it�possibly hiding something? One thing's for sure, this is perfectly legal but something sure doesn't smell right since tax shelters are increasingly being vilified in political circles here in the�United States. Ireland has also been under pressure to make�its tax structures harder to abuse by multinational corporations.�
The oil services player has been looking to capitalize on the favorable tax structure that�the Swiss have benefited for years and years. With greater international scrutiny of Swiss tax laws as well as top executive and board member pay, Weatherford is now hoping to incorporate in Ireland while maintaining its tax domicile in Switzerland. Keep in mind that�tech companies like Apple, Google, and even Facebook�all take advantage of Ireland's favorable tax rate environment. That doesn't make it right for Weatherford to follow�the same�path.�
Top Healthcare Technology Companies To Watch In Right Now: Chiquita Brands International Inc. (CQB)
Chiquita Brands International, Inc., together with its subsidiaries, engages in the distribution and marketing of bananas and fresh produce under the Chiquita and other brand names worldwide. The company operates in three segments: Bananas, Salads and Healthy Snacks, and Other Produce. The Banana segment sources, transports, markets, and distributes bananas to retailers and wholesalers, and chain stores. It also engages in the cultivation and production of bananas. The Salads and Healthy Snacks segment offers value-added salads under the Fresh Express and other labels; and fresh vegetable and fruit ingredients used in foodservice, healthy snacks, and processed fruit ingredient products. This segment also provides fresh-cut products, such as lettuce, tomatoes, spinach, cabbage, and onions to foodservice distributors who resell these products to foodservice operators. It distributes Fresh Express branded products to food retailers, foodservice distributors, and quick-service restaurants; and fresh produce foodservice offerings primarily to third-party distributors for resale principally to quick-service restaurants in the United States. The Other Produce segment engages in sourcing, marketing, and distributing fresh fruits and vegetables other than bananas in Europe and North America. It offers grapes, pineapples, melons, kiwis, tomatoes, and avocados. The company was founded in 1899 and is headquartered in Cincinnati, Ohio.
Advisors' Opinion:- [By WWW.DAILYFINANCE.COM]
Amy Sancetta/AP Plenty of stocks go up and down in any given week. The gainers inspire us to keep investing. The decliners keep greed in check while reminding us about the risks of the equity markets. Let's go over some of last week's best and worst performers. Chiquita Brands (CQB) -- Up 35 Percent Last Week Investors went bananas over Chiquita after it received -- and rejected -- a buyout offer. Cutrale and Safra offered an unsolicited offer to buy the banana giant at a price of $13 a share, representing a 29 percent premium to where Chiquita closed before bid was made public. Chiquita's board rejected the offer. The stock still moved higher -- above and beyond $13 -- on the possibility of Cutrale and Safra sweetening their bid. Monster Beverage (MNST) -- Up 34 Percent Last Week Soft drinks are out, and adrenaline-boosting energy drinks are in. Coca-Cola (KO) knows this, so it announced on Friday morning that it was buying a nearly 17 percent stake in Monster Beverage for $2.15 billion. Monster and Red Bull dominate this niche despite growing concerns about the health risks of young consumers taking in too many energy drinks. Monster's stock rallied on Friday. Investors may be hoping that Coca-Cola eventually swallows down all of Monster, but in the meantime it validates the beverage category. United Online (UNTD) -- Up 20 Percent Last Week It's possible to be at the right place at the right time but with the wrong approach. United Online hasn't been the market darling that it could have been given its ability to hop on to trends early. After all, it acquired alum-reuniting Classmates before social networking was hot. It built up NetZero when the country was just starting to migrate online. It also bought MyPoints from a legacy airline before the appeal of online coupons and loyalty clubs became popular. However, investors were rewarded last week when United Online posted preliminary quarterly results. Its bean counters are still trying to assess th
Best Oil Service Stocks To Buy Right Now: Lexington Realty Trust (LXP)
Lexington Corporate Properties Trust operates as a self-managed and self-administered real estate investment trust (REIT). The company acquires, owns, and manages a portfolio of office, industrial, and retail properties net-leased to corporate tenants in the United States. It also provides investment advisory and asset management services to institutional investors in the net lease area. As of June 30, 2005, the company operated 185 properties and managed 2 properties. Lexington Corporate Properties Trust has elected to qualify as a REIT for federal income tax purposes. As a REIT, it would not be taxed on the portion of its income, which is distributed to shareholders, provided it distributes at least 90% of its taxable income. The company was founded in 1991 and is based in New York City.
Advisors' Opinion:- [By Brad Thomas]
Compared with the public REIT peers, I believe that Chambers Street will compare favorably to W.P. Carey (WPC) and Lexington Realty Trust (LXP). Both of these REITs own larger box assets and they both have conservative and well-positioned balance sheets. Here is a snapshot of Chambers Street's capitalization:
- [By Eric Volkman]
Lexington Realty Trust (NYSE: LXP ) is acting like a relaxed landlord that doesn't want or need to modify the rent. The company is maintaining its dividend policy by declaring a $0.15-per-share distribution for its current quarter, to be paid on or about July 15 to shareholders of record as of June 28. That amount matches the firm's previous three distributions, the most recent of which was paid in April. Prior to that, the real estate investment trust dispensed $0.125 per share.
- [By CRWE]
Lexington Realty Trust (NYSE:LXP), a real estate investment trust (REIT) focused on single-tenant real estate investments, reported that it would release its third quarter 2012 results the morning of Tuesday, November 6, 2012. Lexington will conduct a teleconference that same day at 11:00 a.m., Eastern Time.
Best Oil Service Stocks To Buy Right Now: United States Natural Gas Fund LP (UNG)
United States Natural Gas Fund, LP (USNG) is a limited partnership. The Company is a commodity pool that issues limited partnership interests (units) traded on the NYSE Arca, Inc. (the NYSE Arca). The investment objective of USNG is for the changes in percentage terms of its units��net asset value (NAV) to reflect the changes in percentage terms of the spot price of natural gas delivered at the Henry Hub, Louisiana as measured by the changes in the Futures Contract on natural gas traded on the New York Mercantile Exchange (NYMEX) that is the near month contract to expire, except when the near month contract is within two weeks of expiration, in which case the futures contract will be the next month contract to expire. The Company�� general partner is United States Commodity Funds LLC (the General Partner) and is responsible for the management of USNG.
USNG invests in futures contracts for natural gas, crude oil, heating oil, gasoline, and other petroleum-based fuels that are traded on the NYMEX, ICE Futures or other United States and foreign exchanges (collectively, Futures Contracts). USNG also invests in other natural gas-related investments, such as cash-settled options on Futures Contracts, forward contracts for natural gas, cleared swap contracts, and over-the-counter transactions that are based on the price of natural gas, oil and other petroleum-based fuels, Futures Contracts and indices based on the foregoing (collectively, Other Natural Gas-Related Investments). USNG invests in Natural Gas Interests to the fullest extent possible. In pursuing this objective, the primary focus of the General Partner is the investment in Futures Contracts and the management of USNG�� investments in short-term obligations of the United States of two years or less (Treasuries), cash and/or cash equivalents for margining purposes and as collateral.
Advisors' Opinion:- [By Dan Caplinger]
Still, rising natural gas prices have likely been the major cause for Exelon's recent share-price rise. With gas prices now double what they were at last year's lows and the nat-gas tracking United States Natural Gas ETF (NYSEMKT: UNG ) up more than 45% in the past year, Exelon's nuclear fleet is finally starting to look a bit more attractive compared to its peers.
Best Oil Service Stocks To Buy Right Now: Respect Your Universe Inc (RYUN)
Respect Your Universe, Inc. (RYU), incorporated on November 21, 2008, in a start-up stage company. The Company focuses on capitalizing mixed martial arts (MMA) and similar fighting styles and design, market and sell sportswear and competition apparel directed toward the worldwide MMA fan base. Its product line focuses on apparel that is designed for MMA training and competition, as well as a broader and more mainstream post-competition sportswear category. In October 2012, the Company announced the opening of their first retail location at The Shoppes at the Palazzo in Las Vegas, Nevada.
The Company�� product is classified into three categories: Training, Competition and Lifestyle. Its training apparel includes compression tops and compression shorts, training shorts, training hoodies, t-shirts and duffel bags. Competition wear includes MMA competition shorts. Sportswear includes t-shirts, hoodies, beanies and shorts. In the lifestyle classifications the Company has created products, which include Organic Graphic Tee shirts, in tank, Short sleeve, and long sleeve; Organic Hoody�� full zip and pullover made from premium heavyweight organic cotton fleece, and Bamboo Rayon Tee��.
Advisors' Opinion:- [By Peter Graham]
Small cap stocks Respect Your Universe Inc (OTCMKTS: RYUN), Global Gaming Network (OTCMKTS: GBGM) and Innocap, Inc (OTCBB: INNO) have been getting some attention lately in various investment newsletters thanks in part to paid promotions or investor relations activities. Of course there is nothing wrong with properly disclosed paid promotions or investor relations type of activities, but they can come back and bite unwary traders or investors. So what should you do with these three small cap stocks? Here is a quick reality check:
Best Oil Service Stocks To Buy Right Now: PetSmart Inc(PETM)
PetSmart, Inc., together with its subsidiaries, operates as a specialty retailer of products, services, and solutions for pets in the United States, Puerto Rico, and Canada. The company offers consumables, such as pet food, treats, and litter; and hardgoods, which include pet supplies and other goods comprising collars, leashes, health care supplies, grooming and beauty aids, toys, apparel, and pet beds and carriers, as well as aquariums and habitats, accessories, d�or, and filters for fish, birds, reptiles, and small pets. It also provides fresh-water fish, small birds, reptiles, and small pets; and pet services, such as grooming, including precision cuts, baths, nail trimming and grinding, and teeth brushing, as well as training, boarding, and day camp services. In addition, the company operates PetsHotels that offer boarding for dogs and cats; provides personalized pet care, an on-call veterinarian, temperature controlled rooms and suites, daily specialty treats and p lay time, and day camp services for dogs; and operates veterinary hospitals, which offer services comprising routine examinations and vaccinations, dental care, a pharmacy, and surgical procedures. As of January 29, 2012, it operated 1,232 retail stores; 192 PetsHotels; 791 veterinary hospitals under the trade name of Banfield, The Pet Hospital; and 8 hospitals operated through other third parties in Canada. The company also offers its products through an e-commerce and community site, PetSmart.com. PetSmart, Inc. was founded in 1986 and is based in Phoenix, Arizona.
Advisors' Opinion:- [By Jeff Reeves]
Expect further pain for shareholders and right-sizing for this brick-and-mortar office supply store.
PetSmart (PETM)Returns since 1/1/14: -24%
Returns since 1/1/11: +38%
Revenue Growth Last Year: 2% ($6.8 billion in FY13 to $6.9 billion for FY14) - [By Mike Deane]
On Thursday, PetSmart (PETM) announced that it will be raising its dividend 18.2% and that it has authorized a $535 million stock repurchase plan.
The Phoenix, AZ-based company raised its quarterly dividend from 16.5 cents to 19.5 cents, which is an annualized payout of 78 cents. The dividend is payable on November 15 to all shareholders on record as of November 1. The ex-dividend date is October 30.
In addition to its dividend boost, PetSmart also announced a $535 million share buyback plan that will start on October 1, 2013 and expire on January 31, 2015.
PETM shares were up 56 cents, or .76%, at market close on Thursday. The company’s stock is up nearly 7% YTD.
Best Oil Service Stocks To Buy Right Now: The Cushing MLP Total Return Fund(SRV)
Cushing MLP Total Return Fund is a closed-end mutual fund launched by Swank Capital, LLC. The fund is managed by Swank Energy Income Advisors L.P. It invests in the public equity and fixed income markets across the globe with a focus in United States. The fund typically invests in MLPs, Other Natural Resource Companies, and global commodities. It primarily invests in the securities of MLPs, other equity securities, debt securities, and securities of non-U.S. issuers employing a fundamental analysis. Cushing MLP Total Return Fund was formed on May 23, 2007 and is domiciled in Dallas.
Advisors' Opinion:- [By Robert Rapier]
As I write this, Tortoise Pipeline and Energy (NYSE: TTP) trades at a discount of 15.1 percent to its underlying assets, while at the other end of the spectrum Cushing MLP Total Return Fund (NYSE: SRV) trades at a 17.4 percent premium. The average MLP closed-end fund listed trades at a 4.9 percent discount, which is perhaps reasonable given the loss of certain tax advantages and the fact that management fees will eat into returns.
- [By Robert Rapier]
As I write this, Tortoise Pipeline and Energy (NYSE: TTP) trades at a discount of 15.1 percent to its underlying assets, while at the other end of the spectrum Cushing MLP Total Return Fund (NYSE: SRV) trades at a 17.4 percent premium. The average MLP closed-end fund listed trades at a 4.9 percent discount, which is perhaps reasonable given the loss of certain tax advantages and the fact that management fees will eat into returns.
Best Oil Service Stocks To Buy Right Now: VocalTec Communications Ltd.(CALL)
magicJack VocalTec Ltd. provides voice over Internet protocol services over various platforms. It also offers magicJack, a competitive local exchange carrier. The company was formerly known as VocalTec Communications Ltd. and changed its name to magicJack VocalTec Ltd. on May 20, 2011. magicJack VocalTec Ltd. is based in Netanya, Israel.
Advisors' Opinion:- [By Johan Seijkens]
The first one is a company called Vonage Holdings (NYSE: VG ) and the second is magicJack VocalTec, Ltd (NASDAQ: CALL ) .
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