High-yielding dividend�stocks (such as utilities and telecom sector stocks) have significantly underperformed both the S&P 500 and high-dividend�growth�stocks over the past five months as interest rates have increased. Despite this underperformance, S&P 500 stocks with the highest dividend yield still look expensive relative to history.
In a new report, the Dividend Ruler research team at UBS continue to strongly favor high-dividend growth stocks over stocks with high dividend yields. They believe relative valuations remain attractive and high-yielding�dividend�stocks�are still vulnerable to a further increase in interest rates, which they, like most on Wall Street, expect over the next six to 12 months.
With the stock market approaching three-month lows, we went through the UBS Dividend Ruler universe to look for names that had backed up and now offer investors a good entry point. We found that some of the top stocks to buy have been sold off to levels that are very tempting.
Top Sliver Stocks To Buy Right Now: FireEye Inc (FEYE)
FireEye, Inc., incorporated on February 18, 2004, invented a purpose-built, virtual machine-based security platform that provides real-time protection to enterprises and governments worldwide against the next generation of cyber attacks. Its technology approach represents a paradigm shift from how information technology (IT) security has been conducted since the earliest days of the information technology industry. The FireEye platform provides real-time, dynamic threat protection without the use of signatures to protect an organization across the primary threat vectors, including Web, email, and files and across the different stages of an attack life cycle. The core of its purpose-built, virtual machine-based security platform is its virtual execution (MVX), engine, which identifies and protects against known and unknown threats that existing signature-based technologies are unable to detect. The new generation of cyber attacks on organizations, including large and small enterprises and governments worldwide, is characterized by an unprecedented escalation in the complexity and scale of advanced malware created by criminal organizations and nation-states. In January 2014, FireEye, Inc. announced that it had acquired Mandiant.
The Company provides a comprehensive platform that employs a virtualized execution engine and a cloud-based threat intelligence network that uniquely protects organizations from next-generation threats at all stages of the attack lifecycle and across all primary threat vectors, including Web, email and file systems. Its platform is delivered through a family of software-based appliances and includes its DTI cloud subscription as well as support and maintenance services. Its technology platform, built on its MVX engine, is able to identify and protect against known and unknown threats without relying on existing signature-based technologies employed by legacy IT security vendors and best-of-breed point solution vendors. FireEye has over 1,000 customers across more t! han 40 countries, including over one-third of the Fortune 100.
Advisors' Opinion:- [By Reuters]
Peter Parks, AFP/Getty ImagesThe 12-story building in Shanghai's northern suburb of Gaoqiao where a Chinese military-led hacking group allegedly conducted a series of attacks on U.S. companies networks. BOSTON -- Cybersecurity company FireEye has acquired Mandiant, the computer forensics specialist best known for unveiling a secretive Chinese military unit believed to be behind a series of hacking attacks on U.S. companies. FirEye (FEYE) shares jumped more than 20 percent after Thursday's announcement of the $1.05 billion cash-and-stock deal, which FireEye said closed Monday. It unites two companies with relatively new technologies for thwarting cyber attacks, and brings together two of the most-respected executives in the security industry: FireEye CEO Dave DeWalt and Mandiant founder Kevin Mandia. While sales of older anti-virus products have been on the decline, security experts expect strong growth in both FireEye's cloud-based systems for detecting malicious software and Mandiant's software that analyzes cyber attacks. About a year ago the two companies entered into a technology development agreement that made it easier to deploy their products together. With the merger, FireEye will gain Mandiant's team of forensics investigators. "They have these very strong Navy 'cyber' Seals who respond to breaches and are very good at what they do," DeWalt said about Mandiant. He had previously served as chairman of Mandiant's board. "My aim is to create the strongest security company in the world," DeWalt said in an interview. FireEye, which has yet to post a profit, said the acquisition will be immediately accretive to earnings and expects the combined company's revenue to grow about 50 percent this year. In comparison, Symantec (SYMC), the biggest maker of anti-virus software, has said it expects fiscal 2014 revenue to drop 3 percent to 4 percent. Mandiant is best known for its forensics services. The company rose to prominence in February 2013 when it pu
- [By Jayson Derrick]
FireEye (NASDAQ: FEYE) has priced a secondary offering of 14 million shares of its common stock at $82 per share. Shares traded as high as $97.35 on March 5. 5.6 million shares are being offered by FireEye and the remaining shares are being offered by shareholders. FireEye is expecting to raise around $460 million. The company has previously hinted that its near term strategy is to focus on growth and not profitability. Shares lost 9.50 percent, closing at $81.04.
- [By Brian Pacampara]
What: Shares of FireEye (NASDAQ: FEYE ) soared 24% today after the cybersecurity technologist agreed to acquire rival Mandiant Corp. in a deal worth about $1 billion.
Top 10 High Dividend Stocks To Invest In 2014: JPMorgan Chase & Co (AMJ)
JPMorgan Chase & Co. (JPMorgan Chase), incorporated on October 28, 1968, is a financial holding company. The Company is a global financial services firm and a banking institution in the United States, with global operations. The Company is engaged in investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing, asset management and private equity. JPMorgan Chase�� principal bank subsidiaries are JPMorgan Chase Bank, National Association (JPMorgan Chase Bank, N.A.), a national bank with the United States branches in 23 states, and Chase Bank USA, National Association (Chase Bank USA, N.A.), a national bank that is the Company�� credit card-issuing bank. JPMorgan Chase�� non-bank subsidiary is J.P. Morgan Securities LLC (JPMorgan Securities), the Company�� the United States investment banking firm. The bank and non-bank subsidiaries of JPMorgan Chase operate nationally, as well as through overseas branches and subsidiaries, representative offices and subsidiary foreign banks. One of the Company�� principal operating subsidiaries in the United Kingdom is J.P. Morgan Securities plc., a subsidiary of JPMorgan Chase Bank, N.A. JPMorgan Chase�� activities are organized into four business segments, as well as Corporate/Private Equity. The Company�� consumer business is the Consumer & Community Banking segment. The Company�� wholesale businesses consists of Corporate & Investment Bank, Commercial Banking, and Asset Management segments. Effective January 7, 2014, JPMorgan Chase & Co acquired an undisclosed minority stake in Chi-X Global Holdings LLC.
Consumer & Community Banking
Consumer & Community Banking (CCB) serves consumers and businesses through personal service at bank branches and through automated teller machines (ATMs), online mobile and telephone banking.CCB is organized into Consumer & Business banking, Mortgage Banking (including Mortgage Production and Servicing, and Real Estate Portfolios! ) and Card, Merchant Services & Auto (Card). Consumer & Business Banking offers deposit and investment products and services to consumers, and lending, deposit, and cash management and payment solutions to small businesses. Mortgage Banking includes mortgage origination and servicing activities, as well as portfolios comprised of residential mortgages and home equity loans, including the purchased credit impaired (PCI) portfolio acquired in the Washington Mutual transaction. Mortgage origination channels consists of Retail, Wholesale, Correspondent and Correspondent negotiated transactions. Retail includes Borrowers who buy or refinance a home through direct contact with a mortgage banker employed by the Firm using a branch office, the Internet or by phone. Wholesale refers to third-party mortgage brokers loan application packages to the Company. The Company then underwrites and funds the loan. Correspondent includes Banks, thrifts, other mortgage banks and other financial institutions that sell closed loans to the Firm. Correspondent negotiated transactions include mid-to-large-sized mortgage lenders, banks and bank-owned mortgage companies sell servicing to the Firm on an as-originated basis (excluding sales of bulk servicing transactions). Card issues credit cards to consumers and small businesses, provides payment services to corporate and public sector clients through its commercial card products, offers payment processing services to merchants, and provides auto and student loan services.
Corporate & Investment Bank
The Corporate & Investment Bank (CIB) offers a suite of investment banking, market-making, prime brokerage, and treasury and securities products and services to a global client base of corporations, investors, financial institutions, government and municipal entities. Within Banking, the CIB offers a range of investment banking products and services in all major capital markets, including advising on corporate strategy and structure, capital-raising in equity ! and debt ! markets, as well as loan origination and syndication. The Company also provides Treasury Services, which includes transaction services, comprised primarily of cash management and liquidity solutions, and trade finance products. The Markets & Investor Services segment of the CIB is engaged in cash securities and derivative instruments, and also offers risk management solutions, prime brokerage, and research. Markets & Investor Services also includes the Securities Services business, which holds, values, clears and services securities, cash and alternative investments for investors and broker-dealers, and manages depositary receipt programs globally.
Commercial Banking
Commercial Banking (CB) provides industry knowledge, and service to the United States multinational clients, including corporations, municipalities, financial institutions and non-profit entities with annual revenue generally ranging from $20 million to $2 billion. CB provides financing to real estate investors and owners. CB also provides financial solutions, including lending, treasury services, investment banking and asset management to meet its clients��domestic and international financial needs. Commercial Banking is divided into four client segments: Middle Market Banking, Commercial Term Lending, Corporate Client Banking, and Real Estate Banking. Middle Market Banking covers corporate, municipal, financial institution and not-for-profit clients. Commercial Term Lending provides term financing to real estate investors/owners for multifamily properties, as well as financing office, retail and industrial properties. Real Estate Banking provides full-service banking to investors and developers of institutional-grade real estate properties. Lending and investment activity within the Community Development Banking and Chase Capital segments are included in other.
Asset Management
Asset Management (AM) clients include institutions, high-net-worth individuals and retail investors. AM offe! rs invest! ment management across all major asset classes including equities, fixed income, alternatives and money market funds. AM also offers multi-asset investment management, providing solutions to a broad range of clients��investment needs. For individual investors, AM also provides retirement products and services, brokerage and banking services including trust and estate, loans, mortgages and deposits. The majority of AM�� client assets are in actively managed portfolios. AM�� client segments consists of Private Banking, Institutional and Retail. Private Banking offers investment advice and wealth management services to high- and ultra-high-net-worth individuals, families, money managers, business owners and small corporations worldwide, including investment management, capital markets and risk management, tax and estate planning, banking, capital raising and specialty-wealth advisory services. Institutional brings comprehensive global investment services including asset management, pension analytics, asset-liability management and active risk-budgeting strategies to corporate and public institutions.
Advisors' Opinion:- [By Robert Rapier]
The biggest problem with the fund is that while it yields an attractive 7.5 percent annually based on the most recent quarterly distribution, the total expense ratio is presently an astronomical 4.4 percent. This is bound to be a drag on performance over the long run (although it still potentially offers an attractive short-term play). As a result, my preference for a long term investment in and IRA would be to own an exchange-traded note (ETN) based on one of the Alerian indices that I reviewed recently in Navigating the Universe of MLPs. There are several to choose from, including the JPMorgan Alerian MLP Index ETN (NYSE: AMJ), which presently yields 5 percent and has an expense ratio of 0.85 percent.
- [By Jon C. Ogg]
The ETFs and funds held up on Monday:
JPMorgan Alerian MLP Index ETN (NYSEArca: AMJ) was down only 0.3% at $46.86, versus a 52-week range of $42.18 to $49.31. Volume was 1.1 million shares versus an average of about 628,000. ALPS Alerian MLP ETF (NYSEArca: AMLP) closed down 0.45 at $17.57, versus a 52-week range of $16.75 to $18.36. This ETF traded more than 3.1 million shares, up from an average of about 2.85 million shares. The closed-end fund of Kayne Anderson MLP Investment Company (NYSE: KYN) even managed to rise by 0.26% to $38.70 against a 52-week range of $33.11 to $40.22. Its volume was also almost 300,000 shares versus an average volume of closer to 218,000 shares.It still seems more than interesting that the investment community did not pound the rest of the sector in sympathy with Boardwalk. This Boardwalk MLP still has a $3.1 billion market cap, even after getting cut almost in half. Usually investors try to tie in peers when one implosion is seen versus others. It seems as though they are trusting that negative natural gas exposure here is not going to spill over into the rest of the sector, and maybe not even spill over into the price of units in its more direct peers.
Top 10 High Dividend Stocks To Invest In 2014: DTE Energy Company(DTE)
DTE Energy Company, together with its subsidiaries, operates as an electric and natural gas utility company in Michigan. It also involves in non-utility operations. The company?s Energy Utility segment engages in the generation, purchase, distribution, and sale of electricity in southeastern Michigan. It generates electricity from various fuels, including coal, as well as from nuclear and hydro facilitates. As of December 31, 2010, this segment owned and operated approximately 674 distribution substations and approximately 412,100 line transformers; and supplied electricity to 2.1 million residential, commercial, and industrial customers in southeastern Michigan. The company?s Gas Utility segment engages in the purchase, storage, transmission, distribution, and sale of natural gas in Michigan. As of December 31, 2010, this segment?s distribution system included approximately 19,000 miles of distribution mains, 1,036,000 service lines, and 1,319,000 active meters. It also o wned approximately 2,000 miles of transmission lines that deliver natural gas; and supplied natural gas to approximately 1.2 million residential, commercial, and industrial customers throughout Michigan, as well as to approximately 17,000 customers in Adrian, Michigan. The company?s non-utility operations include natural gas pipelines and storage; unconventional gas exploration, development, and production; power and industrial projects, and coal transportation and marketing; and energy marketing and trading operations. Its customers include electric utilities, merchant power producers, integrated steel mills, and industrial companies. DTE Energy Company was founded in 1995 and is based in Detroit, Michigan.
Advisors' Opinion:- [By Eric Volkman]
DTE Energy (NYSE: DTE ) is going to make its shareholders a little richer. The company has declared a dividend of $0.655 per share of its common stock. This will be dispensed on July 15 to shareholders of record as of June 17.�This amount is almost 6% higher than the previous quarterly payout of $0.62, which was handed out in mid-April.
- [By Seth Jayson]
Calling all cash flows
When you are trying to buy the market's best stocks, it's worth checking up on your companies' free cash flow once a quarter or so, to see whether it bears any relationship to the net income in the headlines. That's what we do with this series. Today, we're checking in on DTE Energy (NYSE: DTE ) , whose recent revenue and earnings are plotted below. - [By Marie Mawad]
European telecommunications companies are disposing of peripheral assets as they increase investments in high-speed mobile networks in their largest markets and cut debt. Last week, Deutsche Telekom AG (DTE) agreed to sell a 70 percent stake in its Scout24 Holding digital-classifieds business.
- [By John Udovich]
Small cap Plug Power Inc was formed in 1997 as a joint venture between Michigan utility owner DTE Energy Co (NYSE: DTE) and Mechanical Technology Inc (OTCMKTS: MKTY) to develop fuel-cell systems to power homes and small businesses. Plug Power Inc says it has�revolutionized the material handling industry with cost-effective power solutions that increase productivity, lower operating costs and reduce carbon footprints as�it manufactures a full suite of products designed to fit seamlessly into the existing battery compartment of all major OEM material handling equipment. In addition, the company says its GenDrive fuel cell is a superior alternative to lead-acid batteries for electric lift trucks in the $20 billion�global material handling market.
Top 10 High Dividend Stocks To Invest In 2014: General Mills Inc (GIS)
General Mills, Inc. (General Mills), incorporated on June 20, 1928, is a manufacturer and marketer of branded consumer foods sold through retail stores. The Company is also a supplier of branded and unbranded food products to the foodservice and commercial baking industries. The Company manufactures its products in 15 countries and markets them in more than 100 countries. The Company's joint ventures manufacture and market products in more than 130 countries and republics worldwide. General Mills operates in three segments: U.S. Retail, International, and Bakeries and Foodservice. In addition, the Company sells ready-to-eat cereals through its Cereal Partners Worldwide (CPW) joint venture. In February 2012, General Mills acquired Food Should Taste Good, a natural snack foods company based in Needham Heights, Mass. During the fiscal year ended May 27, 2012, the Company acquired a 51% interest in Yoplait S.A.S. and a 50% interest in Yoplait Marques S.A.S. In August 2012, it acquired Yoki Alimentos SA.
General Mills�� ready-to-eat cereals consists of Cheerios, Wheaties, Lucky Charms, Total, Trix, Golden Grahams, Chex, Kix, Fiber One, Reese�� Puffs, Cocoa Puffs, Cookie Crisp, Cinnamon Toast Crunch, Clusters, Oatmeal Crisp and Basic 4. Its refrigerated yogurt include Yoplait, Trix, Delights, Go-GURT, Fiber One, YoPlus, Whips!, Mountain High, Liberte, YOP, Perle de Lait, Petits Filous and Panier. The Company�� refrigerated and frozen dough products consists of Pillsbury, the Pillsbury Doughboy character, Grands!, Golden Layers, Big Deluxe, Toaster Strudel, Toaster Scrambles, Simply, Savorings, Jus-Rol, Latina, Pasta Master, Wanchai Ferry, V.Pearl and La Saltena. The dry dinners and shelf stable and frozen vegetable products includes Betty Crocker, Hamburger Helper, Tuna Helper, Chicken Helper, Old El Paso, Green Giant, Potato Buds, Suddenly Salad, Bac*O��, Betty Crocker Complete Meals, Valley Selections, Simply Steam, Valley Fresh Steamers, Wanchai Ferry, Diablitos and Parampara. Its gr! ain, fruit, and savory snacks consists of Nature Valley, Fiber One, Betty Crocker, Fruit Roll-Ups, Fruit By The Foot, Gushers, Chex Mix, Gardetto��, Bugles, Food Should Taste Good and Larabar. The sessert and baking mixes includes Betty Crocker, SuperMoist, Warm Delights, Bisquick and Gold Medal. Ready-to-serve soup consists of Progresso. The Company�� ice cream and frozen desserts include Haagen-Dazs, Secret Sensations, Cream Crisp and Dolce. Its frozen pizza and pizza snacks includes Totino��, Jeno��, Pizza Rolls, Party Pizza, Pillsbury Pizza Pops and Pillsbury Pizza Minis. General Mills�� organic products include Cascadian Farm and Muir Glen.
The Company�� products are marketed under trademarks and service marks that are owned by or licensed to the Company. Some of the brand names include Dora the Explorer, Disney Cars, and Disney Princesses for yogurt, and Dora the Explorer for cereal; Reese's Puffs for cereal; Hershey's chocolate for a variety of products; Weight Watchers as an endorsement for soup and frozen vegetable products; Macaroni Grill for dry and frozen dinners; Sunkist for baking products and fruit snacks; Cinnabon for refrigerated dough, frozen pastries, and baking products; Bailey's for super-premium ice cream, and a range of characters and brands for fruit snacks, including Scooby Doo, Batman, Tom and Jerry, Ocean Spray, Thomas the Tank Engine, My Little Pony, Transformers, and various Warner Bros. and Nickelodeon characters. Its primary customers include grocery stores, mass merchandisers, membership stores, natural food chains, drug, dollar and discount chains, commercial and noncommercial foodservice distributors and operators, restaurants, and convenience stores.
U.S. Retail segment
The Company�� U.S. Retail segment reflects business with a range of grocery stores, mass merchandisers, membership stores, natural food chains, and drug, dollar and discount chains operating throughout the United States. Its product categories in thi! s busines! s segment include ready-to-eat cereals, refrigerated yogurt, ready-to-serve soup, dry dinners, shelf stable and frozen vegetables, refrigerated and frozen dough products, dessert and baking mixes, frozen pizza and pizza snacks, grain, fruit and savory snacks, and a range of organic products, including granola bars, cereal and soup.
International segment
The Company�� International segment consists of retail and foodservice businesses outside of the United States. In Canada, its product categories include ready-to-eat cereals, shelf stable and frozen vegetables, dry dinners, refrigerated and frozen dough products, dessert and baking mixes, frozen pizza snacks, refrigerated yogurt, and grain and fruit snacks. In markets outside North America, its product categories include super-premium ice cream and frozen desserts, refrigerated yogurt, grain snacks, shelf stable and frozen vegetables, refrigerated and frozen dough products, and dry dinners. Its International segment also includes products manufactured in the United States for export, mainly to Caribbean and Latin American markets, as well as products it manufactures for sale to its international joint ventures.
Bakeries and Foodservice segment
In Company�� Bakeries and Foodservice segment its product categories include cereals, snacks, refrigerated yogurt, unbaked and fully baked frozen dough products, baking mixes, and flour. It sells to distributors and operators in many customer channels, including foodservice, convenience stores, vending and supermarket bakeries.
Advisors' Opinion:- [By Shauna O'Brien]
General Mills, Inc. (GIS) reported higher third quarter earnings on Wednesday, but missed analysts’ estimates for both earnings and revenue.
GIS Earnings in Brief
GIS reported Q3 earnings of�$410.6 million, �or 64 cents per share, up from $398.4 million, or 60 cents per share, a year ago. Excluding special items, earnings were 62 cents per share, lower than analysts’ estimate of 64 cents per share. Revenue dipped to�$4.38 billion from $4.43 billion last year. Analysts expected to see revenue of�$4.41 billion. Looking forward, GIS expects to see FY2014 earnings between�$2.87 and $2.90 per share, while analysts expect $2.88 per share.CEO Commentary
Chairman and CEO of GIS�Ken Powell commented: “This year’s severe winter weather dampened sales performance across the food industry, and third-quarter results for our U.S. Retail and Convenience Stores and Foodservice segments reflect that disruption. International segment results were stronger, with constant-currency sales gains in every region including double-digit growth in both Asia-Pacific and Latin America.”
GIS Dividend
GIS declared its last quarterly dividend of 41 cents on March 11. This dividend will be payable on May 1. The stock will go ex-dividend on April 8.
Stock Performance�
General Mills shares were mostly flat during pre-market trading Wednesday. The stock is up 1.6% YTD.
- [By Rick Munarriz]
I went out on a limb last week, and now it's time to see how that decision played out.
I predicted that BlackBerry (NASDAQ: BBRY ) would close lower on the week. With the company heading into its first quarterly report detailing the arrival of new devices running on its updated mobile operating system, I thought the shares were ready for a breather. The stock had already more than doubled since bottoming out last summer. The shares got crushed on Friday after reporting a surprising loss for the period. BlackBerry shares plunged 24% on the week. I was right. I predicted that the tech-heavy Nasdaq would outperform the Dow Jones Industrial Average (DJINDICES: ^DJI ) . This has been a tricky call lately, so how did it play out this time? Well, the market bounced back this week. The Nasdaq moved 1.4% higher, and the Dow managed to close just 0.7% higher. I was right. My final call was for General Mills (NYSE: GIS ) to beat Wall Street's income estimates in its latest quarter. The cereal giant has been posting blowout quarterly results over the past year, and I was banking on seeing the trend continue. Analysts were looking for a profit of $0.53 a share during the quarter, and it landed in line with where the pros were perched. I was wrong.Two out of three? Bummer! I can do better than that.
Top 10 High Dividend Stocks To Invest In 2014: Exide Technologies (XIDEQ)
Exide Technologies, incorporated on November 23, 1966, is engaged in stored electrical energy solutions, and is a manufacturer and supplier of lead-acid batteries for transportation and industrial applications in the worldwide. Exide operates in four business segments: Transportation Americas, Transportation Europe and ROW, Industrial Energy Americas, and Industrial Energy Europe and ROW. The Company�� operations in the Americas as well as Europe and Rest of World (ROW) represented approximately 42% and 58%, respectively, during the fiscal year ended March 31, 2013 (fiscal 2013), net sales.
Transportation
The Company�� transportation batteries include starting lighting and ignition (SLI) batteries for cars, trucks, off-road vehicles, agricultural and construction vehicles, motorcycles, recreational vehicles, marine, and other applications including Micro-hybrids. The Company�� principal batteries sold in the transportation markets are represented by brands: Exide, Exide Extreme, Exide NASCAR Select, Centra, DETA, Orbital, Fulmen, and Tudor, as well as other brands under various private labels. The market for transportation batteries is divided between sales to aftermarket customers and original equipment manufacturers (OEMs). Transportation segments represented approximately 61% of the Company�� net sales in fiscal 2013. Within the transportation segments, aftermarket and OEM net sales, including original equipment service (OES) represented approximately 72.1% and 27.9% of fiscal 2013 net sales, respectively.
Some of the Company�� aftermarket customers include Pep Boys, Bosch, Tractor Supply, Canadian Tire, ADI, ATR International, and GroupAuto International. In addition, the Company is also a supplier of authorized replacement batteries for OEMs including the BMW Group, Fiat Group, Honda, Iveco, John Deere, PSA Group, Scania, Volvo Trucks, Toyota, Volkswagen Group, Renault-Nissan, PACCAR, and many others. Some of the Company�� OEM customers include t! he BMW Group, Fiat Group, International Truck & Engine, the PSA group (Peugeot S.A./Citroen), Case/New Holland, John Deere, Renault, Nissan, Scania, Volvo Trucks, Volkswagen Group, Chrysler, Toyota, Jaguar, Land Rover, among others.
In the Americas, the Company sells aftermarket transportation products through various distribution channels, including mass merchandisers, auto parts outlets, wholesale distributors, and battery specialists. The Company sells its OEM transportation replacement products principally through dealer networks. The Company�� Americas operations include a network of 74 branches which sell and distribute batteries and other products to the Company�� distributor channel customers, battery specialists, national account customers, retail stores, and OEM dealers. In addition, these branches collect spent batteries for the Company�� recycling facilities. These operations supply recycled lead for approximately 75 to 80% of Exide�� Transportation and Industrial Energy products manufactured in North America. The recycling facilities also recover and recycle battery acid as well as plastic materials that are used to produce new battery covers and cases.
In Europe and ROW, the Company sells OEM batteries to the light vehicle, light commercial vehicle and commercial vehicle industries. The commercial vehicle industry includes truck manufacturers as well as construction and agriculture vehicle manufacturers. Exide supplies its OEM batteries directly to the assembly plants of its customers. The Company also delivers service and replacement batteries into this segment. Those are either distributed by the OEM customers themselves or delivered directly to the service points through the Exide logistics network. The Company also supplies advanced lead-acid batteries for microhybrid vehicles equipped with carbon dioxide reducing technologies such as Start & Stop with and without regenerative braking systems. It sells Europe and ROW aftermarket batteries primarily th! rough aut! omotive parts and battery wholesalers, mass-merchandisers, auto centers, service installers, and oil companies. Battery specialists sell and distribute batteries to a network of automotive parts retailers, service stations, independent retailers, and garages throughout Europe.
The Company competes with Johnson Controls, Inc. and East Penn Manufacturing.
Industrial Energy
The Company�� Industrial Energy segments supply both motive power and network power applications. Motive power batteries are used in the material handling industry for electric forklift trucks, and in other industries, including floor cleaning machinery, powered wheelchairs, railroad locomotives, mining, and the electric road vehicles market. The battery technologies for the motive power markets include flooded flat plate products, tubular plate products, absorbed glass mat (AGM) products, and gel electrolyte products. The Company also offers a complete range of battery chargers and related equipment for the operation and maintenance of battery-powered vehicles. Network power batteries are used to provide back-up power for use with telecommunications systems, computer installations or data centers, hospitals, air traffic control systems, security systems, utilities, railway and military applications. Telecommunications applications include central and local switching systems, satellite stations, wireless base stations and mobile switches, optical fiber repeating boxes, cable television transmission boxes, and radio transmission stations. The Company�� strongest network power battery brands, Absolyte and Sonnenschein, offer customers the choice of AGM or gel electrolyte valve regulated battery technologies and deliver among the highest energy and power densities in their class.
In the Americas, the Company distributes motive power products and services through multiple channels. These include sales and service locations owned by the Company that are augmented by a network of indep! endent ma! nufacturers��representatives. The Company serves a wide range of customers including OEM suppliers of lift trucks, industrial companies, retail distributors, warehousing companies, and manufacturers. Motive power customers in the Americas include Toyota, MCFA, NACCO, Sears, Toyota, Walmart, and Target. The Company distributes network power products and services through sales and service locations owned by the Company augmented by a network of independent manufacturers��representatives. The Company�� primary network power customers in the Americas include AT&T, APC, Emerson Electric, and Verizon Wireless.
The Company distributes motive power products and services in Europe through in-house sales and service organizations and utilizes distributors and agents for the export of products from Europe to ROW countries. Motive power products in Europe are also sold to a wide range of customers in the aftermarket, ranging from industrial companies and retail distributors to small warehousing and manufacturing operations. Motive power batteries are also sold in complete packages, including batteries, chargers, and increasingly through on-site service. The Company�� OEM motive power customers include Toyota Material Handling, the KION Group, and Jungheinrich. The Company distributes network power products and services in Europe and batteries and chargers in Australia and New Zealand through in-house sales and service organizations. In Asia, products are distributed through independent distributors. The Company utilizes distributors, agents, and direct sales to export products from Europe and North America to ROW. The Company�� primary Network Power customers in Europe and ROW include Deutsche Telecom, Alcatel, Emerson Electric, Ericsson and Siemens Nokia Networks.
The Company competes with EnerSys Inc., East Penn Manufacturing, Hoppecke, MIDAC, GS/Yuasa, Shinkobe and C&D Technologies.
Advisors' Opinion:- [By Rich Duprey]
A real car wreck on the horizon
Already crashing and burning was lead-acid battery maker Exide Technologies (NASDAQOTH: XIDEQ ) , which confirmed it had hired a restructuring specialist to help it cope with is financial situation ahead of some of its debt maturing this fall. It's shares fell almost 48% on the news.
Top 10 High Dividend Stocks To Invest In 2014: KapStone Paper and Packaging Corporation (KS)
KapStone Paper and Packaging Corporation engages in the production and sale of unbleached kraft, linerboard, saturating kraft, and unbleached folding carton boards primarily in the Americas, Europe, and Asia. It offers kraft paper to converters, who produce multiwall bags for agricultural products, pet food, cement, chemicals, and grocery bags, as well as specialty conversion products, such as wrapping paper products and roll wrap; and linerboards to converters in the corrugated box industry and to other converters for various end uses, including laminated tier sheets and wrapping material. The company offers its saturating kraft products to various industries, such as construction, electronics manufacturing, and furniture manufacturing; and unbleached folding carton board products to the general folding carton segment of paperboard packaging. KapStone Paper and Packaging Corporation offers its kraft paper, linerboard, and saturating kraft products under the DuraSorb brand name; and folding carton board under the Kraftpak brand name. The company was founded in 2005 and is headquartered in Northbrook, Illinois.
Advisors' Opinion:- [By Seth Jayson]
Calling all cash flows
When you are trying to buy the market's best stocks, it's worth checking up on your companies' free cash flow once a quarter or so, to see whether it bears any relationship to the net income in the headlines. That's what we do with this series. Today, we're checking in on KapStone Paper and Packaging (NYSE: KS ) , whose recent revenue and earnings are plotted below.
Top 10 High Dividend Stocks To Invest In 2014: Hittite Microwave Corporation(HITT)
Hittite Microwave Corporation designs, develops, and sells integrated circuits (ICs), modules, subsystems, and instrumentation products for radio frequency (RF) microwave and millimeterwave applications worldwide. The company?s IC products include amplifiers, digital and voltage variable attenuators, broadband time delays, automatic gain control products, clocks and timing products, comparators, cross point switches, data converters, direct current power conditioning and power management products, dielectric resonator oscillators, frequency dividers and detectors, frequency multipliers, digital logic products, intermediate frequency signal processing products, interface, and limiting amplifiers. Its IC products also comprise mixers and converters, modulators and demodulators, multiplexers/demultiplexers, optical modulator drivers, passives, phase lock loops, phase lock loops with integrated voltage controlled oscillators, phase shifters, power detectors, sensors, switches , Successive detection logarithmic video amplifiers, transimpedance amplifiers, tunable filters, variable gain amplifiers, and voltage controlled and phase locked oscillators. In addition, the company provides signal generators/instrumentation products for engineering, production, and screening applications; connectorized modules for use in test and measurement equipment; RF, microwave, and millimeterwave receivers and synthesizers that are used in military communication, targeting, guidance, and countermeasure systems; and phase locked oscillator modules, which are used in fiber optic test systems. Further, it outsources wafer manufacturing to multiple third party fabricators and foundries. The company sells its products through direct sales force and applications engineering staff, sales representatives, and distributors, as well as through its Web site. Hittite Microwave Corporation was founded in 1985 and is headquartered in Chelmsford, Massachusetts.
Advisors' Opinion:- [By Ben Levisohn]
Walt Disney rose 1% to $85.48, making it the biggest percentage gainer in the Dow Industrial Averages. International Game Technology jumped 14% to $55.31 today, putting it atop the S&P 500. Reuters reported that International Game Technology has hired Morgan Stanley to help sell the company.
Analog Devices advanced 5% to $55.31 today, making it the big winner in the Nasdaq 100. Analog Devices agreed to buy chip-maker Hittite Microwave (HITT) for $78 a share. Hittite soared 29% to $77.90 today.Idenix Pharmaceuticals more than tripled today after Merck (MRK) agreed to purchase the biotech company for nearly $4 billion. Idenix surged 229% to $23.79 today, while Merck ticked up 0.2% to $57.94. - [By Ant贸nio Costa]
Hittite Microwave Corp (NASDAQ: HITT) is holding up well and looks ready to move higher from here. Next buy point for HITT is at 65.2.
( click to enlarge )Tesla Motors Inc (NASDAQ: TSLA) hits a new 52 week high and held up very well when the nasdaq was tanking. The stock is on fire.
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