According to the rating agency, Nokia�� full control over NSN might weaken the company�� balance sheet. The revised rating signifies that Nokia holds an ��ggressive��financial risk profile and a ��eak��business risk profile. Nevertheless, S&P has affirmed Nokia�� ����short- term corporate credit rating along with a stable outlook.
Recently, Nokia reached a deal to purchase Siemens��50% stake in NSN for $2.2 billion, out of which $1.5 billion will be paid in cash and the remaining amount will be paid in a secured loan from Siemens after a year from the closing of the transaction. The deal is expected to close in the third quarter of 2013, subject to customary regulatory approvals.
Although formed in 2007, NSN achieved its operational profitability in the third quarter of 2012, as the company lacked severely on the CDMA front. However, of late, the equipment vendor has shown signs of improvement after restructuring its business including several rounds of job cuts. The acquisition is expected to compensate its struggling handset business.
Top 5 Asian Companies To Own For 2015: Toyota Motor Corp Ltd Ord(TM)
Toyota Motor Corporation engages in the design, manufacture, assembly, and sale of passenger cars, minivans, and commercial vehicles. It offers conventional engine vehicles, including subcompact and compact cars under the Corolla, Yaris, micropremium iQ, Passo, Ractis, Vitz, and Etios brand names; mini-vehicles, passenger vehicles, commercial vehicles, and auto parts under Toyota brand name; mid-size cars under the Camry, REIZ, Avensis, and Mark X brand names; luxury cars under the Lexus and Crown brands; Century limousine; sports cars under the Scion tC and Lexus brands; sport-utility vehicles under the Sequoia, 4Runner, RAV4, Highlander, FJ Cruiser, and Land Cruiser brands; pickup trucks under the Tacoma and Tundra brands; minivans under the Alphard, Vellfire, Corolla Verso, Wish, Hiace, Regius Ace, Estima, Noah, Voxy, Sienta, Isis, Passo Sette, and the Sienna brands; cabwagons; large, medium, and small trucks; and large, small, and micro-buses. The company also provides hybrid cars under Prius and Crown brands. In addition, it offers a range of financial services comprising retail financing, retail leasing, wholesale financing, and insurance; and credit cards and housing loans. Further, the company designs and manufactures prefabricated housing, as well as involves in the information technology related businesses, such as an e-commerce marketplace known as GAZOO.com; and sales promotions for KDDI communication related products, primarily the au brand. It sells its vehicles in approximately 170 countries and regions, including Japan, North America, Europe, and Asia. The company was founded in 1933 and is headquartered in Toyota City, Japan.
Advisors' Opinion:- [By EXPstocktrader]
Questcor Pharmaceuticals (QCOR) is a 2013 high-performing biotech that I first wrote about in November 2012. Year to date, revenue is up about 60% over 2012 and share price is up more than 125%. These impressive numbers are mainly due to prescription growth from its flagship product H.P. Acthar Gel(TM) and it's 19 FDA-approved indications including: infantile spasms, acute exacerbations of multiple sclerosis, nephrotic syndrome and the newly-marketed therapeutic area, rheumatology disorders including dermatomyositis/polymyositis (DM/PM), psoriatic arthritis and rheumatoid arthritis.
- [By Live investor]
Toyota (TM) Camry, the top-selling North American model in the midsize sedan segment, is going for a complete overhaul. The car was last given a facelift in 2011. The 2015 version of the car was revealed at the New York Auto Show. It showed how much the automaker has worked towards its designing --bringing about a remarkable praiseworthy upgrade.
- [By Douglas A. McIntyre]
When Toyota Motor Corp.’s (NYSE: TM)�U.S. sales collapsed four years ago, and did not make any recovery for three, most industry analysts blamed recalls and the effects of the 2011 Japan earthquake on production. In addition, and probably as important as the other two, there was the rise of the South Korean car industry, which offered Americans what Japanese models once did — low prices with good quality. The fortunes of manufacturers have turned sharply. Japan’s leader, Toyota, has gained back much of its share. Hyundai’s share has fallen.
Hot Electric Utility Companies To Own For 2014: Royal Gold Inc.(RGLD)
Royal Gold, Inc., together with its subsidiaries, acquires and operates precious metals royalties. The company owns royalty interests in various production, development, evaluation, and exploration stage projects, which explore for gold, silver, copper, lead, and zinc metals. It holds royalty interests in properties located in the United States, Argentina, Australia, Bolivia, Brazil, Burkina Faso, Canada, Chile, Colombia, the Dominican Republic, Finland, Ghana, Guatemala, Honduras, Mexico, Nicaragua, Peru, the Russia Federation, Spain, and Tunisia. The company was founded in 1981 and is based in Denver, Colorado.
Advisors' Opinion:- [By Dave Kranzler]
Based on all these factors, not only am I more confident that Friday, June 28 marked the bottom of this brutal 2-year correction in the precious metals, but I am also confident that the next secular bull market move higher will take gold to a new record high. If you agree with my outlook, the best way to play a trading move is to get long GLD or long-dated calls on GLD. I also recommend that everyone who wants to preserve their wealth and use gold as an investment should accumulate physical gold and silver. You can express a leveraged view on gold by getting long Royal Gold (RGLD), which is a large gold mining royalty company that benefits on a "leveraged" basis as the price of gold moves higher.
- [By Eric Volkman]
Royal Gold (NASDAQ: RGLD ) is converting some of its namesake precious metal into cash for its shareholders. For its Q3, the company has declared a common stock dividend of $0.20 per share. This will be handed out on July 19 to shareholders of record as of July 5. That amount matches both of the firm's previous two distributions, the most recent of which was paid in April.
- [By Jon C. Ogg]
Royal Gold Inc. (NASDAQ: RGLD) was downgraded to Hold from Buy at BB&T Capital Markets.
Target Corp. (NYSE: TGT) was downgraded to Neutral from Positive with a price target that is up at $73 at Susquehanna.
- [By Ben Levisohn]
Chidley cut African Barrick Gold to Underweight from Neutral courtesy of the stocks 22% rise since the beginning of December. Better bets include�Royal Gold (RGLD) and Randgold Resources (GOLD), among others, Chidley says.
Hot Electric Utility Companies To Own For 2014: Harmony Gold Mining Co. Ltd. (HMY)
Harmony Gold Mining Company Limited engages in the exploration, extraction, processing, and smelting of gold in South Africa and Papua New Guinea. The company has approximately 10 underground operations; and various surface operations, including an open cast mine and 9 processing plants, which are located in goldfields in the Witwatersrand basin of South Africa, as well as the Kraaipan Greenstone Belt. It also explores for silver, copper, and molybdenum through its Papua New Guinea projects. The company also owns interest in various exploration and development prospects, and 1 operating mine primarily at the Hidden Valley and Wafi Golpu projects; and a 100% interests in 3 projects, including the Mount Hagen in the Western Highlands, Amanab in the Sandaun province, and Tari in the Southern Highlands province in Papua New Guinea. As of June 30, 2012, its prospecting interest comprised 75,249 hectares in South Africa and 898,400 hectares in Papua New Guinea. Harmony Gold Mini ng Company Limited was founded in 1950 and is headquartered in Randfontein, South Africa.
Advisors' Opinion:- [By Jon C. Ogg]
Harmony Gold Mining Co. Ltd. (NYSE: HMY) was downgraded to Sell from an already cautious Neutral rating at UBS.
Mosaic Co. (NYSE: MOS) was downgraded to Underweight from Neutral at HSBC.
- [By Rich Duprey]
Mining operations have long been subject to the vagaries of strikes and violence in South Africa. Harmony Gold (NYSE: HMY ) suspended its operations at�Kusasalethu because of security concerns, Gold Fields (NYSE: GFI ) lost 35,000 ounces of production and had its credit rating reduced by Standard & Poor's because of labor unrest (and reduced its full-year production forecast by 200,000 ounces), and Xstrata has had to halt activity several times as a result of union violence.
- [By Roland Head]
Harmony Gold Mining Company� (NYSE: HMY ) gained 4.7% to $4.62 last week, despite reporting a quarterly loss of $0.47 per share, missing a Bloomberg consensus forecast of $0.53 per share. The firm said that it will cut capital expenditure and corporate costs by a total of $200 million this year, and, while its share price fell following the results, it recovered sharply on Friday to end the week higher.
Hot Electric Utility Companies To Own For 2014: ADT Corp (ADT)
The ADT Corporation (ADT), incorporated on January 18, 2012, is a provider of electronic security, interactive home and business automation, and monitoring services for residences and small businesses in the United States and Canada. The Company�� products and services include ADT Pulse interactive home and business solutions, and home health services. ADT provides business security intrusion detection, which protect the business from burglary, robbery and intruders. Its electronic access control limits unauthorized entry and employee access to the business, as well as complete access. Effective August 2, 2013, The ADT Corp acquired Devcon Security Services Corp, a provider of security protection services, from Devcon International Corp. In November 2013, Kastle Systems International announced that it had acquired Mutual Central Alarm Services and Stat-Land Security Systems from ADT Corporation.
The Company's video surveillance views events in multiple areas of facility, which has control over loss and oversees business. On October 1, 2012, the Company completed the acquisition of Absolute Security.
Advisors' Opinion:- [By MONEYMORNING]
No doubt, The ADT Corp. (NYSE: ADT) is best known as a leading home security firm. But in reality, it offers much more than that.
Its advanced sensor technology also is making ADT's home automation an integral part of the company's services that play off the mobile revolution.
- [By Jim Fink]
Year-to-Date Performance
Industry Diamond Offshore (NYSE: DO) $55.39 $7.7 billion 3.3 -14.2% Oil Drilling HCP Inc. (NYSE: HCP) $36.22 $16.5 billion 3.5 -16.0% Healthcare REIT American Realty Capital Properties (Nasdaq: ARCP) $12.64 $2.4 billion 8.6 1.9% Retail and Office REIT Southern Co. (NYSE: SO) $40.88 $36.1 billion 9.8 -0.1% Electric Utility Cooper Tire & Rubber (NYSE: CTB) $22.01 $1.4 billion 10.3 -11.8% Automobile Tires CenturyLink (NYSE: CTL) $31.36 $18.5 billion 11.8 -14.5% Telecommunications Quest Diagnostic (NYSE: DGX) $54.05 $7.8 billion 13.4 -5.4% Medical Diagnostic Tests Kinder Morgan Energy Partners (NYSE: KMP) $79.57 $34.9 billion 15.4 6.0% Energy pipeline MLP Altera (Nasdaq: ALTR) $31.98 $10.3 billion 15.9 -5.6% Semiconductors ADT Corp. (NYSE: ADT) $40.01 $8.0 billion 16.8 -12.9% Home SecuritySource: Bloomberg
- [By Jim Powell]
As my top pick for the coming year, I like the long-term outlook for ADT Corporation (ADT), a major home security company that was spun-off from Tyco International last year.
Hot Electric Utility Companies To Own For 2014: Unione di Banche Italiane ScpA (BPD)
Unione di Banche Italiane Scpa is an Italy-based holding company engaged in the governance, control, coordination and support of Unione di Banche Italiane Group. The Company�� activities are divided into three business segments. The Banking sector comprises of nine network banks of the Group, including IW Bank SpA, Banque de Depots et de Gestione SA and UBI International SA. The Non-banking financial sector includes Centrobanca SpA, Ubi Leasing SpA, Ubi Factor SpA, Ubi Pramerica SGR SpA, Banca 24-7 SpA, Silf SpA, Prestitalia SpA, Ubi Fiduciaria SpA and UBI Gestioni Fiduciarie SIM SpA. The Corporate Centre segment comprises UBI Banca Scpa and Ubi Sistemi e Servizi Scpa, among others. The Company is engaged in the corporate banking, consumer credit, asset management, factoring, leasing, life and non-life bancassurance sectors, among others. On May 6, 2013, it completed merger of Centrobanca Banca di Credito Finanziario e Mobiliare SpA into the Company. Advisors' Opinion:- [By April Yee]
In its annual outlook, released this month, Opec said demand for its crude would dip to between 28 million and 29.2 million barrels per day (bpd) by 2018, from 30.3 million bpd today.
- [By Robert Rapier]
US oil production has risen from 5 million barrels per day (BPD) in 2008 to 7.3 million BPD in the most recent quarter. The US is now the fastest-growing oil producing region in the world.
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