Work on the nation's next nuclear-powered aircraft carrier, the USS�John F. Kennedy�(CVN 79), continues apace.
Following up on a $65 million contract award to fund purchases of "long lead material" in early March, and a further $407.4 million awarded a couple of weeks later, the Department of Defense modified its contract with Huntington Ingalls (NYSE: HII ) yet again on Monday.
According to the Pentagon's announcement, this latest $60.8 million installment is expected to give Huntington sufficient funds needed to "provide all services and material in preparation for construction of CVN 79, including necessary research studies; engineering; design; related development efforts; advance planning; advance procurement for detail design and procurement of long lead material; advance construction; life cycle support; logistics data and other data."
In total, therefore, Huntington has now been awarded more than $533 million over the past two months, to ensure it has the monies necessary to proceed with building the Kennedy -- at least through October 2015, when the current contract expires.
Hot Oil Companies To Buy For 2015: Toshiba Corp (TOSBF)
TOSHIBA CORPORATION is a Japan-based manufacturer that operates in five business segments. The Digital Product segment manufactures and sells cellular phones, hard disc devices, optical disc devices, televisions among others. The Electronic Device segment provides general logic integrated circuits (ICs), optical semiconductors, power devices, large-scale integrated (LSI) circuits, among others. The Social Infrastructure segment manufactures and sells various generators, power distribution systems, water and sewer systems, transportation systems and station automation systems, among others. The Home Appliance segment provides refrigerators, drying machines, washing machines, cooking utensils, cleaners and lighting equipment, among others. The Others segment is involved in the provision of logistics services. In January 2014, Toshiba Corp purchased substantially all assets of OCZ Technology Group, and launched new subsidiary, OCZ Storage Solutions. Advisors' Opinion:- [By Dan Carroll and Max Macaluso, Ph.D.]
Panasonic's (NASDAQOTH: PCRFY ) not the first company you may think of in the health-care field, but this Japanese electronics maker's a player in blood glucose monitors and other fields. With Panasonic's sales under fire across the board, however, this company's looking to sell off its health-care business to refocus on its core segments. Toshiba (NASDAQOTH: TOSBF ) reportedly has expressed interest in a buy, and private equity-firms are also in the hunt to get on board with Asia's health-care rise.
- [By Bruce Kennedy]
On Monday, U.S. Attorney General Eric Holder announced indictments against five officers in China's People's Liberation Army (PLA) for ��erious cybersecurity breaches��against six American firms: Westinghouse Electric, a division of Toshiba (OTC: TOSBF) , Alcoa (NYSE: AA),�Allegheny Technologies (NYSE: ATI), U.S. Steel (NYSE: X), the United Steelworkers Union and SolarWorld (OTC: SRWRY).
Top Logistics Stocks To Own For 2014: Synthesis Energy Systems Inc.(SYMX)
Synthesis Energy Systems, Inc., a global energy and gasification technology company, provides products and solutions to the energy and chemical industries. It offers technology and equipment in regions, where low rank coals and biomass feed stocks can be converted into high value products through its proprietary U-GAS fluidized bed gasification technology. The company licenses its U-GAS technology rights to third parties and delivers an engineered technology package, as well as provides proprietary equipment components to customers, who have contracted to own and operate projects. It has a joint venture agreement with Shandong Hai Hua Coal and Chemical Company Ltd. for developing, constructing, and operating a syngas production plant utilizing the U-GAS technology in Zao Zhuang City, China; and for producing and selling syngas, and various byproducts of the plant, including ash and elemental sulphur. The syngas can be used as a fuel gas in industrial applications, or can b e used to produce power, synthetic natural gas, methanol, dimethyl ether, glycol, ammonia, direct reduction iron, and synthetic gasoline, as well as other transportation fuels, steam, sulphur, carbon dioxide, or ash. Synthesis Energy Systems, Inc. was founded in 2003 and is headquartered in Houston, Texas.
Advisors' Opinion:- [By Lisa Levin]
Synthesis Energy Systems (NASDAQ: SYMX) shares jumped 26.01% to $2.18 on the receipt of a 20-year business license for China Clean Coal Gasification joint venture
Top Logistics Stocks To Own For 2014: Sabre Corp (SABR)
Sabre Corporation, incorporated on December 11, 2006, is a technology solutions provider to the global travel and tourism industry.The Company provides software and services to a range of travel suppliers and travel buyers. The Company through its Travel Network business, processes hundreds of millions of transactions annually, connecting travel suppliers, including airlines, hotels, car rental brands, rail carriers, cruise lines and tour operators, with travel buyers in a comprehensive travel marketplace. The Company operates through three business segments: Travel Network, Airline and Hospitality Solutions and Travelocity. The Company offers global distribution of travel content from approximately 125,000 travel suppliers to approximately 400,000 online and offline travel agents. To those agents, it offers a platform to shop, price, book and ticket comprehensive travel content in a transparent workflow.
The Company through its airline solutions business (Airline Solutions) and hospitality solutions business (Hospitality Solutions and, together with Airline Solutions, Airline and Hospitality Solutions) offer travel suppliers a suite of software solutions, ranging from airline and hotel reservations systems to high-value marketing and operations solutions, such as planning airline crew schedules, re-accommodating passengers during irregular flight operations and managing day-to-day hotel operations. These solutions allow its customers to market, distribute and sell their products more efficiently, manage their core operations, and deliver an enhanced travel experience. Through its complementary Travel Network and Airline and Hospitality Solutions businesses, it offers the broadest, end-to-end portfolio of technology solutions to the travel industry.
The Company�� portfolio of technology solutions has enabled them to become the technology provider in the travel industry. The Company is the global distribution systems (GDSs) provider in North America and also in higher growt! h markets such as Latin America and Asia Pacific (APAC). The Company has a portfolio of airline marketing and operations products across the solutions that it provides. In addition, the Company operates Travelocity, one of the recognizable brands in the online consumer travel e-commerce industry, which provides them with business insights into its broader customer base. Through its solutions, which span the breadth of the travel ecosystem, the Company has developed deep domain expertise. Its investment in Airline and Hospitality Solutions offerings has allowed to create a broad portfolio of value-added products for its travel supplier customers, ranging from reservations platforms to operations solutions typically delivered via scalable and flexible software-as-a-service (SaaS) and hosted platforms.
The Company enabled airlines to sell ancillary products like premium seats through the GDS, the first third-party provider to automate passenger reaccommodation during operational disruptions and the first GDS to launch a business-to-business (B2B) app marketplace for its travel agency customers that allows them to customize and augment its Travel Network platform. The Company�� SaaS and hosted technology platforms allows them to serve its customers primarily through a recurring, transaction-based revenue model based primarily on travel events such as air segments booked, passengers boarded (PBs) or other relevant metrics.
Travel Network
Travel Network is a global B2B travel marketplace and consists primarily of its GDS and integrates with its GDS to add value for travel suppliers and travel buyers. The Company�� GDS offers content from a broad array of travel suppliers, including approximately 400 airlines, 125,000 hotel properties, 30 car rental brands, 50 rail carriers, 16 cruise lines and 200 tour operators, to tens of thousands of travel buyers, including online and offline travel agencies, TMCs and corporate travel departments.
Airline and Hospi! tality So! lutions
The Company�� Airline and Hospitality Solutions business offers a broad portfolio of software technology products and solutions, primarily through SaaS and hosted models, to approximately 225 airlines, 17,500 hotel properties and 700 other travel suppliers. Its software and systems applications help automate and optimize its customers��business processes, including reservations systems, marketing tools, commercial planning solutions and enterprise operations tools.
Travelocity
Travelocity is the Company�� family of online consumer travel e-commerce businesses through which it provides travel content and booking functionality primarily for leisure travelers. In August 2013, Travelocity entered into an long-term strategic marketing agreement with Expedia which was recently amended and restated in March 2014 to reflect changed commercial terms (the Expedia SMA). Under the Expedia SMA, Expedia will power the technology platforms of Travelocity�� existing U.S. and Canadian Websites, as well as provide access to Expedia�� supply and customer service platforms. Additionally, Travelocity recently sold its Travelocity Partner Network (TPN) business, a B2B loyalty and private label Website offering, to Orbitz.
The Company competes with Amadeus, Hewlett-Packard, Unisys, Navitaire, Jeppesen , Lufthansa Systems, SITA, PROS, ITA Software, Datalex, Travelport, MICROS, TravelClick, Pegasus and Trust.
Advisors' Opinion:- [By Stephen Grocer]
High-profile offerings from boutique investment bank Moelis(MC) & Co. and travel-technology firm Sabre Corp.(SABR) sold fewer shares at a lower price than both expected lat week. On the day they debuted, shares of the two companies rose 4.6% and 3%, respectively.
Top Logistics Stocks To Own For 2014: Rollins Inc. (ROL)
Rollins, Inc., through its subsidiaries, provides pest and termite control services to residential and commercial customers in North America. It offers pest control services, and protection against termite damage, rodents, and insects to homes and businesses, including hotels, food service establishments, food manufacturers, retailers, and transportation companies. The company also provides pest management and sanitation services and products to the food and commodity industries. It operates under the brand names of Orkin and PCO Services brand names, as well as under the Acurid service mark. The company also offers its services in Central America, the Caribbean, the Middle East, Asia, the Mediterranean, and Europe. As of December 31, 2010, it had 56 domestic franchises and 16 international franchises. The company, formerly known as Rollins Broadcasting, Inc., was founded in 1948 and is headquartered in Atlanta, Georgia.
Advisors' Opinion:- [By Alex Planes]
A new kind of buyout
The first leveraged buyout in American history �took place on June 19, 1964, when Rollins Broadcasting (NYSE: ROL ) made a $62.4 million bid to acquire nationwide exterminator Orkin. The deal, later called "Jonah swallowing the whale" by BusinessWeek, saw a company with $7.9 million in annual revenue and $600,000 in annual net income put up virtually none of its own money to acquire a company with $37.3 million in annual revenue and $3 million in annual net income. Rollins/Orkin (the pairing has worked out for nearly five decades) quotes the particulars of the deal on its website:
Top Logistics Stocks To Own For 2014: Mandalay Digital Group Inc (MNDL)
Mandalay Digital Group, Inc., incorporated on September 14, 2007, through its wholly owned subsidiary, Digital Turbine, provides mobile solutions for wireless carriers globally to enable them to monetize mobile content. The Company's products include mobile application management through DT Ignite, user experience and discovery through DT IQ, application stores and content through DT Marketplace, and content management and mobile payments through DT Pay.
The Company delivers a mobile services platform that works with mobile operators and third-party publishers to provide portal management, user interface, content development and billing technology that enables the responsible distribution of mobile entertainment. Its Digital Turbine delivers end-to-end products and solutions to mobile operators, including Vodafone, Telefonica, Turkcell, Telecom Italia, SingTel, Smart, Telstra, Cricket and Singtel Optus. Its mobile services platform and billing technology enables mobile operators, original equipment manufacturers (OEMs) and third-parties to manage their content portals and storefronts.
Advisors' Opinion:- [By Monica Gerson]
Mandalay Digital Group (NASDAQ: MNDL) is projected to post a Q4 loss at $0.11 per share on revenue of $6.98 million.
Advanced Photonix (NYSE: API) is expected to post a Q4 loss at $0.01 per share on revenue of $7.04 million.
Top Logistics Stocks To Own For 2014: Impala Platinum Holdings Ltd (IMPUY.PK)
Impala Platinum Holdings Limited (Implats) is a producer of platinum group metals (PGMs) and associated base metals. Implats has operations on the PGM-bearing orebodies of the Bushveld Complex in South Africa and the Great Dyke in Zimbabwe. PGMs include platinum, and the associated by-products, palladium, rhodium, ruthenium, iridium and gold usually occur in association with nickel and copper. As of June 30, 2012, the Company�� holdings in various mining and exploration activities included Impala Platinum Limited (100%), which includes PGM mining, processing and refining; Impala Refining Services Limited (100%), which is engaged in purchase of concentrate and/or smelter matte; Impala Chrome (Pty) Limited (100%) and Makgomo Chrome (Pty) Limited (50%), which are engaged in purchase of chrome in tailings, and Zimplats Holdings Limited (86.9%), Afplats (Pty) Limited (74%), Marula Platinum (Pty) Limited (73%), Mimosa Investments Limited (50%) and Two Rivers Platinum (Pty) Limited (45%), which are engaged in PGM mining.
Impala Platinum
Impala Platinum, Implats��primary operational unit, has operations situated on the Impala lease area on the western limb of the Bushveld Complex near Rustenburg in South Africa, and in Springs east of Johannesburg. Impala holds contiguous mining rights and prospecting rights for a total area of 260 square kilometres. Operations comprise 14 operational shaft systems, five of which have underground decline systems.
Zimplats Holdings Limited
Zimplats Holdings Limited (Zimplats) is 87% owned by Implats and is located on the Hartley Geological Complex on the Zimbabwean Great Dyke south-west of Harare. Zimplats operates three underground mines and a concentrator at Ngezi. The Selous Metallurgical Complex (SMC), located some 77 kilometer north of the mine, comprises a concentrator and a smelter. The Company also owns the Hartley Platinum Mine situated at the SMC, which is under care and maintenance.
Marula Platin! um Limited
Marula Platinum Limited (Marula) is 73% owned by Implats. Marula is located in the Limpopo Province, some 50 kilometres north of Burgersfort. The operation consists of two on-reef decline shafts, one off-reef conventional decline and a concentrator plant.
Mimosa
Mimosa is wholly owned by Mimosa Investments Limited, a Mauritius-based company jointly held by Implats and Aquarius Platinum Limited (Aquarius) in a 50:50 joint-venture. Mimosa is located on the Wedza Geological Complex on the Zimbabwean Great Dyke east of Bulawayo. The operation comprises a shallow underground mine, accessed by a decline shaft, and a concentrator.
The Two Rivers Platinum Mine
The Two Rivers Platinum Mine (Two Rivers) is a joint venture between African Rainbow Minerals (ARM) (55%) and Impala Platinum Holdings Limited (Implats) (45%). The operation is situated on the farm Dwarsrivier on the southern part of the eastern limb of the Bushveld Igneous Complex in Mpumalanga, South Africa. The operation consists of two on-reef decline shafts and a concentrator.
Impala Refining Services (IRS)
IRS products include flotation concentrates from Marula, Mimosa and Two Rivers, as well as Aquarius��Marikana, Everest mine and Blue Ridge mines (on care and maintenance) and Eastern Platinum�� Crocodile River mine; furnace matte from Zimplats; spent autocatalysts from A-1 Specialised Services and Supplies Inc. for recycling, and selected base metal residues and other secondary materials.
Advisors' Opinion:- [By Zacks Investment Research]
It is hard to find a good play in the Zacks Industry of mining non-ferrous metals, as the industry currently has a rank of 247 out of 261. In fact, in our five mining industries, there are only two No. 1-Ranked stocks: Brigus Gold (BRD) and Impala (IMPUY.PK). Both of these are in struggling industries, but they have proven to be best-in-class thanks to improving earnings estimates. Plus, both have seen their ranks surge from holds (or worse) up to strong buy territory, suggesting either of these names might be better picks than the struggling SCCO at this time.
Top Logistics Stocks To Own For 2014: Furmanite Corp (FRM)
Furmanite Corporation (Furmanite), incorporated on January 23, 1953, is an on-site industrial plant turnaround maintenance and on-line contractor engineered services. The Company operates in two segments: Technical Services and Engineering & Project Solutions. Technical Services provides specialized technical services, including on-line, off-line and other services. The Engineering & Project Solutions segment includes Furmanite Technical Solutions (FTS), provides project planning, professional engineering, downstream non-destructive testing and inspection, construction management, mechanical integrity, field support, quality assurance and plant asset management services, as well as certain other inspection and project management services. The Company provides on-line repairs of leaks (leak sealing) in valves, pipes and other components of piping systems and related equipment used in flow-process industries.
The Company�� Technical Services segment�� On-line services include leak sealing, hot tapping, line stopping, line isolation, composite repair, valve testing and certain non-destructive testing and inspection services, while off-line services include on-site machining, heat treatment, bolting, valve repair and other non-destructive testing and inspection services. Other services include smart shim services, concrete repair, engineering services, valves and other products and manufacturing. The Engineering & Project Solutions segment�� customers include refining and petrochemical operators, as well as maintenance, and engineering and construction contractors servicing the downstream and midstream oil and gas markets, substantially, all of which are in the Americas.
The Company provides off-line services, including on-site machining, bolting, valve repair, heat treating, ultrasonic, radiography, phased array, tube testing and repair on such systems and equipment. These services tend to complement leak sealing and other on-line services since these off-line services a! re usually performed while a plant or piping system is not operating. In addition, the Company provides concrete repair, engineering services, valve and other products and manufacturing. The Company�� on-line; leak sealing services are performed on a range of flow-process industry machinery, often in difficult situations. The Company�� customer base includes petroleum refineries, chemical plants, mining operations, offshore energy production platforms, subsea piping systems, steel mills, nuclear and conventional power stations, pulp and paper mills, food and beverage processing plants and other flow-process facilities in more than 50 countries.
Advisors' Opinion:- [By Roberto Pedone]
Furmanite (FRM), together with its subsidiaries, provides specialized technical services. This stock closed up 2.2% to $7.78 in Tuesday's trading session.
Tuesday's Range: $7.52-$7.83
52-Week Range: $6.90-$12.70
Tuesday's Volume: 639,000
Three-Month Average Volume: 150,022From a technical perspective, FRM trended higher here right above some near-term support at $7.21 with heavy upside volume flows. This stock has been downtrending badly for the last three months, with shares plunging lower from its high of $12 to its new 52-week low of $6.90. During that downtrend, shares of FRM have been consistently making lower highs and lower lows, which is bearish technical price action. That said, shares of FRM have now started to rebound higher off that $6.90 low and it's quickly moving within range of triggering a near-term breakout trade. That trade will hit if FRM manages to take out Tuesday's intraday high of $7.83 to some more near-term overhead resistance at around $8 with high volume.
Traders should now look for long-biased trades in FRM as long as it's trending above some key near-term support at $7.21 or above its 52-week low of $6.90 and then once it sustains a move or close above those breakout levels with volume that hits near or above 150,022 shares. If that breakout hits soon, then FRM will set up to re-test or possibly take out its next major overhead resistance levels at $8.50 to its 50-day moving average of $9.16, or even $9.50.
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