Among the companies with shares expected to actively trade in Wednesday’s session are Advanced Micro Devices Inc.(AMD), Coach Inc.(COH) and International Business Machines Corp.
Advanced Micro Devices swung to a profit in the fourth quarter as sales received a boost from demand for new gaming consoles. But the chip maker also projected a decline in revenue for the first quarter, sending shares down 9.4% to $3.78 premarket.
Coach said its fiscal second-quarter earnings dropped 16% as the handbag-and-accessories retailer’s North American business continued to falter, offsetting growth in other segments. Coach shares fell 6.8% to $49 in premarket trading as results missed expectations.
Cree Inc.(CREE) said its fiscal second-quarter earnings rose 75% on broad sales growth for the maker of LED lighting products and semiconductor components. Shares edged up 2.5% to $64.39 premarket.
Top Healthcare Equipment Stocks To Watch Right Now: Hubbell Inc (HUBB)
Hubbell Incorporated (Hubbell), incorporated in 1905, is engaged in the design, manufacture and sale of electrical and electronic products for a range of non-residential and residential construction, industrial and utility applications. Products are either sourced complete, manufactured or assembled by subsidiaries in the United States, Canada, Switzerland, Puerto Rico, Mexico, the People�� Republic of China, Italy, the United Kingdom, Brazil and Australia. Hubbell also participates in joint ventures in Taiwan, Hong Kong, and maintains sales offices in Singapore, China, Mexico, South Korea and countries in the Middle East. It operates in two segments: Electrical segment and the Power segment. The Electrical segment consists of electrical systems products and lighting products. During the year ended December 31, 2011, it acquired two product lines. The first product line acquired consists of grounding, bonding and cable management solutions with renewable energy applications, while the second product line consists of fire pump control panels. The Company has several operations located outside of the United States. These operations manufacture, assemble and/or market Hubbell products and service both the Electrical and Power segments.
Electrical Segment
The Electrical segment consists of businesses that sell stock and custom products, including standard and special application wiring device products, rough-in electrical products, connector and grounding products, lighting fixtures and controls, as well as other electrical equipment. The products are used in and around industrial, commercial and institutional facilities by electrical contractors, maintenance personnel, electricians and telecommunications companies. In addition, certain businesses design and manufacture a variety of high voltage test and measurement equipment, industrial controls and communication systems used in the non-residential and industrial markets. Many of these products are designed such that they can ! also be used in harsh and hazardous locations where a potential for fire and explosion exists due to the presence of flammable gasses and vapors. Harsh and hazardous products are primarily used in the oil and gas (onshore and offshore) and mining industries. Certain lighting fixtures, wiring devices and electrical products also have residential and utility applications.
These products are primarily sold through electrical and industrial distributors, home centers, retail and hardware outlets, and lighting showrooms. Special application products are sold primarily through wholesale distributors to contractors, industrial customers and original equipment manufacturers (OEMs). High voltage products are sold primarily by direct sales to customers through its sales engineers. Hubbell maintains a sales and marketing organization to assist users with the application of certain products to their specific requirements, and with architects, engineers, industrial designers, OEMs and electrical contractors for the design of electrical systems to meet the specific requirements of industrial, non-residential and residential users. Hubbell is also represented by sales agents for its lighting fixtures and controls, electrical wiring devices, rough-in electrical products and high voltage products lines.
Hubbell designs, manufactures and sells thousands of wiring and electrical products, which are supplied principally to industrial, non-residential and residential customers. These products include cable reels, cable glands and fittings, connectors and tooling, floor boxes, ground fault devices, wiring devices and accessories, switches and dimmers, pin and sleeve devices, electrical motor controls, and steel and plastic electrical enclosures. Its products also include junction boxes, plugs and receptacles, datacom connectivity and enclosures, speciality communications equipment high voltage test systems and mining communication and controls. These wiring and electrical products are sold under var! ious bran! ds and/or trademarks, including Hubbell, Kellems, Bryant, Burndy, Wejtap, Implo, Raco, Bell, Wiegmann, Killark, Hawke, Chalmit, Victor, GAI-Tronics, Gleason Reel, Haefely, Hipotronics and Austdac.
Hubbell manufactures and sells lighting fixtures and controls for indoor and outdoor applications. The markets served include residential, commercial, institutional and industrial. The Company has a range of light emitting diode (LED)-luminaire products within its portfolio. Hubbell�� variety of lighting products includes canopy light fixtures, emergency lighting/exit signs, specification grade LED fixtures, floodlights and poles, recessed, surface mounted and track fixtures, parking lot/parking garage fixtures, bollards, and bath/vanity fixtures and fans. Its products also include chandeliers, sconces, directionals, fixtures used to illuminate athletic/recreational fields, decorative landscaping fixtures, flourescent fixtures, ceiling fans, site and area lighting fixtures, and occupancy, dimming and daylight harvesting sensors.
These lighting products are sold under various brands and/or trademarks, including Kim Lighting, Sportsliter Solutions, Kurt Versen, Beacon Products, Architectural Area Lighting, Security Lighting Systems, Sterner Lighting, Prescolite, Precision-Paragon [P2], Hubbell Building Automation, Spaulding Lighting and Alera Lighting. Brands and/or trademarks also include Dual-Lite, Progress Lighting and Hubbell Outdoor Lighting.
Power Segment
The Power segment consists of operations that design and manufacture various distribution, transmission, substation and telecommunications products primarily used by the electrical utility industry. In addition, certain of these products are used in the civil construction and transportation industries. Products are sold to distributors and directly to users, such as electric utilities, telecommunication companies, pipeline and mining operations, industrial firms, construction and engineering firms. Pro! ducts inc! lude Arresters, Cutouts and fuse links, lineman tools, hoses and gloves, overhead and pad mounted switches, high voltage bushings, insulators, cable terminations and accessories, formed wire products and splices, taps and connectors. Its products also include grounding equipment, programmable reclosures, sectionalizers, pole line hardware and polymer concrete and fiberglass enclosures and equipment pads.
These products are sold under various brands and/or trademarks, including Ohio Brass, Fargo, Quazite, Electro Composites, Hot Box, Chance, Hubbell, Quadri*sil, USCO, PCORE and Anderson. Brands and/or trademarks also include Polycast, Comcore, CDR and Delmar.
Advisors' Opinion:- [By Seth Jayson]
Hubbell (NYSE: HUBB ) reported earnings on April 19. Here are the numbers you need to know.
The 10-second takeaway
For the quarter ended March 31 (Q1), Hubbell met expectations on revenues and met expectations on earnings per share. - [By Seth Jayson]
Hubbell (NYSE: HUBB ) reported earnings on July 18. Here are the numbers you need to know.
The 10-second takeaway
For the quarter ended June 30 (Q2), Hubbell met expectations on revenues and beat expectations on earnings per share.
Top 10 International Companies For 2014: Ten Peaks Coffee Company Inc (TPK)
Ten Peaks Coffee Company Inc. (Ten Peaks) is a Canada-based company. It operates its business through its subsidiary, Swiss Water Decaffeinated Coffee Company Inc. (SWDCC), which is a green coffee decaffeinator located in Burnaby, British Columbia. It also owns and operates Seaforth Supply Chain Solutions Inc. (Seaforth), a green coffee handling and warehousing business located in Metro Vancouver. SWDCC is engaged in the coffee decaffeination business utilizing the branded Swiss Water Process of 100% chemical free green coffee decaffeination. SWDCC has two subsidiaries, which include Swiss Water Decaffeinated Coffee Co. USA, Inc, and Swiss Water Process Marketing Services Inc. On November 18, 2011, a subsidiary of Ten Peaks, Seaforth Supply Chain Solutions Inc., was incorporated. On January 1, 2011, in response to changes to the legislation governing the taxation of income trusts which made the income trust form of structure less advantageous, the Fund converted to a corporation. Advisors' Opinion:- [By Inyoung Hwang]
Travis Perkins Plc (TPK) lost 1.6 percent to 1,749 pence. The builders��merchant said its consumer division failed to grow on a comparable basis in the third quarter, slipping from an 8.6 percent increase in the two months ended June.
Top 10 International Companies For 2014: Solera Holdings Inc.(SLH)
Solera Holdings, Inc., together with its subsidiaries, provides software and services to the automobile insurance claims processing industry. The company offers estimating and workflow software to manage the overall claims process, estimate the cost to repair a damaged vehicle, and calculate the pre-collision fair market value of a vehicle; and salvage, salvage disposition, and recycling software that manages inventories in order to facilitate the location, sale, and exchange of vehicle parts for use in the repair of a damaged vehicle. It also provides business intelligence and consulting services that enable insurance companies to monitor and assess their performance through customized data, reports, and analyses; and leases hardware products for use with its software, training, and call center technical support services. In addition, the company offers various services that allow its customers to access operational and technical support in times of high demand following natural disasters; and used vehicle validation, fraud detection software and services, and disposition of salvage vehicles. Further, it provides products and services for accessing information on the United Kingdom registered vehicles to private car buyers, car dealers, finance houses, and the insurance industry; data analytics to insurance companies and brokers in the Netherlands; and an electronic exchange for the purchase and sale of vehicle replacement parts in Brazil and Mexico. The company primarily serves insurance companies, collision repair facilities, independent assessors, and automotive recyclers in North America, Central and South America, Europe, the Middle East, Africa, Asia, Australia, and the Netherlands. Solera Holdings, Inc. was founded in 1966 and is headquartered in Westlake, Texas.
Advisors' Opinion:- [By Rich Smith]
Westlake, Texas-based Solera Holdings (NYSE: SLH ) describes its business strategy as "Leverage, Diversify, and Disrupt." That sounds like a noisy strategy, but so far, the maker of software for the automotive insurance industry is keeping quiet as a mouse about the details.
- [By Patricio Kehoe]
The firm is currently Zacks Rank # 3 - Hold, and it also has a longer-term recommendation of ��utperfom�� For investors looking for a Zacks Rank # 1 ��Strong Buy, Dealertrack Technologies Inc (TRAK), Open Text Corporation (OTEX), Pegasystems Inc. (PEGA) Solera Holdings (SLH) or Ultimate Software Group Inc. (ULTI) could be the options.
Top 10 International Companies For 2014: Town Sports International Holdings Inc.(CLUB)
Town Sports International Holdings, Inc., together with its subsidiaries, owns and operates fitness clubs in the northeast and mid-Atlantic regions of the United States. Its facilities include cardiovascular equipment; free weight and strength equipment; group exercise and cycling studios; the entertainment system network; locker rooms, including shower facilities and towel services; and other amenities, such as saunas, babysitting, and a pro-shop. The company also provides swimming pools, and racquet and basketball courts; and programs, which include small group training, children?s programs, and other programs targeting adult members. As of December 31, 2011, it operated 160 fitness clubs comprising 108 New York Sports Clubs, 25 Boston Sports Clubs, 18 Washington Sports Clubs, and 6 Philadelphia Sports Clubs, as well as 3 clubs located in Switzerland. The company is based in New York, New York.
Advisors' Opinion:- [By Seth Jayson]
Town Sports International Holdings (Nasdaq: CLUB ) reported earnings on July 24. Here are the numbers you need to know.
The 10-second takeaway
For the quarter ended June 30 (Q2), Town Sports International Holdings met expectations on revenues and met expectations on earnings per share. - [By John Udovich]
On Thursday, small cap fitness club owner Life Time Fitness, Inc (NYSE: LTM) lost some weight for investors as analysts gave the stock a workout after its Analyst Day failed to ease their concerns, meanings its worth taking a closer look at the stock along with the performance of Town Sports International Holdings, Inc (NASDAQ: CLUB)�and Steiner Leisure Ltd (NASDAQ: STNR).
- [By gurujx]
Town Sports International Holdings Inc (CLUB) Reached the 3-year Low of $5.82
The prices of Town Sports International Holdings Inc (CLUB) shares have declined to close to the 3-year low of $5.82, which is 62.2% off the 3-year high of $14.96.
Top 10 International Companies For 2014: Altria Group(MO)
Altria Group, Inc., through its subsidiaries, engages in the manufacture and sale of cigarettes, smokeless products, and wine in the United States and internationally. It offers cigarettes under the Marlboro, Virginia Slims, Parliament, Benson & Hedges, Basic, and L&M brands; smokeless tobacco products under the Copenhagen, Skoal, Red Seal, Husky brands, and Marlboro snus brands; and machine-made large cigars and pipe tobacco. The company also produces and sells blended table wines under the Chateau Ste Michelle and Columbia Crest names; and distributes Antinori and Villa Maria Estate wines and Champagne Nicolas Feuillatte in the United States. In addition, it maintains a portfolio of leveraged and direct finance leases in rail and surface transport, aircraft, electric power, real estate, and manufacturing. The company sells its tobacco products to wholesalers, including distributors; large retail organizations, such as chain stores; and the armed services. Altria Group, Inc. markets its wine products to restaurants, wholesale clubs, supermarkets, wine shops, and mass merchandisers. The company was founded in 1919 and is headquartered in Richmond, Virginia.
Advisors' Opinion:- [By Morgan Housel]
But I think the damage of the shift toward buybacks may even be underrated. With interest rates at zero, investors have been clamoring for yield wherever they can find it. For years, that's been stocks with high dividends, whose prices have been pushed to record levels and yields down to near record lows. Shares of Verizon (NYSE: VZ ) now yield less than 4% and�Altria Group (NYSE: MO ) , less than 5%.
- [By Dan Caplinger]
But investors shouldn't ignore the fact that some tobacco companies may fare better than others. Lorillard expects decent sales growth of 5% to 6% both this year and next, while even the larger Altria (NYSE: MO ) should manage modest revenue gains. By contrast, Reynolds is seen posting declining revenue throughout 2013 before bouncing back in 2014, suggesting that the company has work to do to preserve its competitive position.
- [By Marshall Hargrave]
Specifically, shares of Lorillard rose nearly 10% on the news. With the help of the buyout speculation, Lorillard and Reynolds American have seen their respective shares move upwards by 20% or more year to date. Meanwhile, their U.S. peer�Altria (NYSE: MO ) is up only 5%.
- [By Dan Caplinger]
A new cigarette tax
The Obama budget would hike federal taxes on cigarettes by $0.94 per pack. Altria (NYSE: MO ) and other cigarette manufacturers would inevitably get hurt by such an increase, as it would add yet another impediment to cigarette demand that has already been falling sharply for decades.
Top 10 International Companies For 2014: China Petroleum & Chemical Corporation(SNP)
China Petroleum & Chemical Corporation engages in the exploration, development, production, and marketing of crude oil and natural gas properties primarily in China. It operates 16 oil and gas production fields in China. As of December 31, 2010, the company?s estimated proved reserves of crude oil and natural gas consisted of 3,963 million barrels-of-oil equivalent comprising 2,888 million barrels of crude oil and 6,447 billion cubic feet of natural gas. It also engages in the refining of crude oil; marketing and distribution of refined petroleum products; and production and sale of petrochemical products that consist of intermediate petrochemicals, synthetic resins, synthetic fiber monomers and polymers, synthetic fibers, synthetic rubber, and chemical fertilizers, as well as owns and operates oil depots and service stations. The company was founded in 2000 and is based in Beijing, the People?s Republic of China. China Petroleum & Chemical Corporation is a subsidiary of China Petrochemical Corporation.
Advisors' Opinion:- [By Aaron Levitt]
According to both Chinese and Russian insiders, the two BRIC nations have finally agreed upon terms of a massive deal that would finally get Russian gas inside China via a massive pipeline system. Building on success of a recent partnership between Russian state-owned Rosneft (RNFTF) and Chinese state-owned refiner Sinopec (SNP) for crude oil imports, Russia and China have agreed on the price at which natural will be supplied. That sticking point had derailed the negotiations for more than a decade.
- [By MARKETWATCH]
LOS ANGELES (MarketWatch) -- Hong Kong stocks inched lower early Friday, with mainland Chinese banks and energy shares among the weak spots. The Hang Seng Index (HK:HSI) lost 0.1% to 22,824.44, with the Hang Seng China Enterprises Index down 0.4%, even as the Shanghai Composite (CN:SHCOMP) rose 0.1%. Concerns about the fiscal health of the top mainland lenders loomed again over the shares, with Bank of China Ltd. (HK:3988) (BACHY) down 0.9%, Bank of Communications Co. (HK:3328) (BKFCF) 1.3% lower, and China Construction Bank Corp. (HK:939) (CICHF) off 0.7%. In the energy sector, Cnooc Ltd. (HK:883) (CEO) gave up 0.9% after posting a 17% gain in third-quarter revenue but not reporting its profit for the period. Its peers also lost ground, as China Petroleum & Chemical Corp. (HK:386) (SNP) and PetroChina Co. (HK:857) (PTR) fell 1% apiece. On the upside, China Unicom Hong Kong Ltd. (HK:762) (CHU) added 1.6% after announcing a gain of more than 50% for its quarterly profit compared to a year earlier. Rival China Mobile Ltd. (HK:941
Top 10 International Companies For 2014: HNI Corp (HNI)
HNI Corporation, incorporated in 1944, is a provider of office furniture and hearth products. The Company operates in two segments: office furniture and hearth products. A broad office furniture product offering is sold to dealers, wholesalers, national office product distributors, end-user customers, and federal, state and local governments. Hearth products include a range of gas, electric, wood and biomass burning fireplaces, inserts, stoves, facings and accessories. These products are sold through a national system of dealers and distributors, as well as Corporation-owned distribution and retail outlets. It manufactures office furniture in Alabama, Georgia, Illinois, Indiana, Iowa, Minnesota, New York, North Carolina, Texas and China. The Company manufactures hearth products in Iowa, Maryland, Minnesota, Washington and Pennsylvania. On November 14, 2011, the Company acquired Sagus International, Inc. (Sagus), a designer and manufacturer of educational furniture solutions. In August 2012, the Company BP Ergo Limited, a manufacturer and marketer of office furniture in India.
Eight operating units, marketing under various brand names, participate in the office furniture industry. These operating units include The HON Company, Allsteel Inc., Maxon Furniture Inc., The Gunlocke Company L.L.C., Paoli Inc., Hickory Business Furniture, LLC (HBF), Sagus and HNI Hong Kong Limited (Lamex). The operating unit Hearth & Home Technologies Inc. (Hearth & Home) participates in the hearth products industry. The retail and distribution brand for this operating unit is Fireside Hearth & Home. HNI International Inc. (HNI International) sells office furniture products manufactured by the Company�� operating units in select markets outside the United States and Canada. With dealers and servicing partners located in more than 50 countries, HNI International provides project management services virtually worldwide. The Company distributes its products through a network of independent office furniture dealers,! office products dealers, wholesalers and retailers. The Company is a supplier of office furniture to the nationwide distributors of office products.
Office Furniture
The Company designs, manufactures and markets a range of office furniture in four categories: storage, including vertical files, lateral files and pedestals; seating, including task chairs, executive desk chairs, conference/training chairs, side chairs and educational chairs and desk combinations; office systems (modular and moveable workspaces with integrated work surfaces, space dividers and lighting), and desks and related products, including tables, bookcases and credenzas. Its products are sold under the brand names, such as HON, Allsteel, Maxon, Gunlocke, Paoli, HBF, Artco Bell, Midwest Folding Products, LSI Corporation of America, basyx and Lamex, as well as private labels.
The Company offers a range of storage options designed either to be integrated into its office systems products or to function as freestanding furniture in office applications. The Company sells its freestanding storage through independent office products and office furniture dealers, nationwide chains of office products dealers, wholesalers and national office product distributors. The Company's seating line includes chairs designed for all types of office work.
It offers a complete line of office panel system products for team work settings, private offices and open floor plans. The Company offers whole office solutions, movable panels, storage units and work surfaces that can be installed and reconfigured. The Company and its dealer partners also offer consultative selling and design services for its office system products.
The Company�� offering of desks and related products includes stand-alone steel, laminate and wood furniture items, such as desks, bookshelves, credenzas and mobile desking. The Company's desks and related products are sold to a range of customers from those designing office config! urations ! to small retail and home office purchasers. It offers a range of tables designed for use in conference rooms, private offices, educational institutions, training areas, team work settings and open floor plans. It is North America�� manufacturer and marketer of prefabricated fireplaces, hearth stoves and related products, primarily for the home, which it sells under Heatilator, Heat & Glo, Quadra-Fire and Harman Stove brand names.
The Company�� line of hearth products includes a range of gas, electric and wood burning fireplaces, inserts, stoves, facings and accessories. Heatilator and Heat & Glo are brand in the two segments of the home fireplace market: vented-gas and wood fireplaces. In addition, the Company is also engaged in pellet-burning stoves and furnaces with its Quadra-Fire and Harman product lines, which provide home heating solutions using renewable fuel.
The Company competes with Steelcase Inc., Haworth, Inc., Herman Miller, Inc., Knoll, Inc., The Global Group, Kimball International, Inc., KI, Virco Mfg. Corporation, Teknion Corporation, Travis Industries Inc., Lennox International Inc., Monessen Hearth Systems Co., FMI Products, LLC, Wolf Steel Ltd. (Napoleon) and FPI Fireplace Products International Ltd. (Regency).
Advisors' Opinion:- [By CRWE]
HNI Corporation (NYSE:HNI) reported that it has acquired BP Ergo Limited, a leading manufacturer and marketer of office furniture in India which goes to market through a national network of sales branches and dealers supported by two manufacturing locations.
- [By Ben Levisohn]
Last week, HNI Corp. (HNI) beat earnings forecasts and promptly fell 3.4%. Raymond James, however, thinks the selloff was undeserved and raised its rating on the office-furniture maker, helping HNI Corp. to make back its loss.
Raymond James analysts Budd Bugatch and�Bobby Griffin explain why they upgraded HNI Corp.:
We are upgrading HNI to Outperform from a Market Perform rating and establishing a $36.00 price target following the company�� 1Q14 earnings release and management conference call. As stated in an earlier note, HNI delivered a ��lean��1Q14 EPS beat; and we are puzzled by Thursday�� trading activity. HNI historically trades at a premium to the office furniture peer group, but following the shares��recent pullback (down ~3.5% on Thursday before the Good Friday holiday and down 14% YTD compared to +0.8% for the SPX YTD), this is no longer the case and gives us reason for a more constructive rating.
Shares of HNI Corp. have gained 4.9% to $35.17 at 1:45 p.m., while Steelcase (SCS) has risen 0.8% to $16.93, Knoll (KNL) has advanced 2.5% to $18.74 and Herman Miller (MLHR) has ticked up 0.3% to $30.57.
- [By Rich Duprey]
Fireplace and office furniture maker�HNI� (NYSE: HNI ) �announced yesterday�its second-quarter dividend of $0.24 per share, the same rate it paid for the last four quarters after it raised the payout a penny from $0.23 per share.
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