With shares of Pfizer (NYSE:PFE) trading around $30, is PFE an OUTPERFORM, WAIT AND SEE, or STAY AWAY? Let�� analyze the stock with the relevant sections of our CHEAT SHEET investing framework.
T = Trends for a Stock’s MovementPfizer is a biopharmaceutical company that discovers, develops, manufactures, and sells medicines for people and animals worldwide. The company manages its operations through five segments: Primary Care, Specialty Care and Oncology, Established Products and Emerging Markets, Animal Health and Consumer Healthcare, and Nutrition. Pfizer�� main products are human and animal biologic and small molecule medicines, as well as vaccines, nutritional products, consumer healthcare products, and products for the prevention and treatment of diseases in livestock and companion animals.
China�� drug watchdog has suspended imports of one medication from the pharmaceutical giant, saying that the company was late in filing its application; the drug in question is an anti-fungal drug used in the treatment of AIDS called Diflucan. The suspension is just one of several similar recent incidents indicative of China�� increasing scrutiny of the pharmaceutical industry, according to The Wall Street Journal. On Tuesday the Chinese regulators said they recently inspected a Pfizer factory in France and found that the company failed to submit a supplementary application for Diflucan on time.�Pfizer responded in a statement on its Chinese language website, saying it is complying with Chinese authorities and taking necessary steps to resolve the problem, the Journal reports. Pfizer also said the reason for the suspension had nothing to do with issues of the drug�� safety or quality, but was merely an issue of proper documentation per Chinese law.
Top 5 Electric Utility Stocks For 2015: IDEX Corp (IEX)
IDEX Corporation (IDEX), incorporated on September 24, 1987, is an applied solutions business that sells an array of pumps, flow meters and other fluidics systems and components and engineered products to customers in a variety of markets worldwide. All of the Company�� business activities are carried out through wholly owned subsidiaries. IDEX operates in three business segments: Fluid & Metering Technologies, Health & Science Technologies and Fire & Safety/Diversified Products. Reporting units in the Fluid & Metering Technologies segment consist of Banjo; Energy and Fuels (Energy); Chemical, Food & Process (CFP) and Water & Waste Water (Water). Reporting units in the Health & Science Technologies segment consist of IDEX Health & Science (IH&S); IDEX Optics and Photonics (IOP); Precision Polymer Engineering (PPE); Gast; Micropump and Materials Process Technologies (MPT). Reporting units in the Fire & Safety/Diversified Products segment consist of Fire Suppression; Rescue Tools and Band-It. In July 20, 2012, it acquired Matcon Group Limited. In March 2013, it announced the acquisition of FTL Seals Technology, Ltd. On April 11, 2012, the Company acquired the stock of PPC. On April 30, 2012, the Company acquired the stock of ERC.
Fluid & Metering Technologies Segment
The Fluid & Metering Technologies Segment designs, produces and distributes displacement pumps, flow meters, injectors, and other fluid-handling pump modules and systems and provides flow monitoring and other services for the water and wastewater industries. Fluid & Metering Technologies pump and metering solutions serve a range of end markets, including industrial infrastructure (fossil fuels, refined and alternative fuels, and water and wastewater), chemical processing, agricultural, food and beverage, pulp and paper, transportation, plastics and resins, electronics and electrical, construction and mining, pharmaceutical and bio-pharmaceutical, machinery and other markets. Fluid & Metering Technologies accounte! d for 43% of IDEX�� sales and 82% of IDEX�� operating income, with approximately 46% of its sales to customers outside the United States as of December 31, 2012, with approximately 46% of its sales to customers outside the United States. Banjo is a provider of pumps, valves, fittings and systems used in liquid handling. Banjo is based in Crawfordsville, Indiana and its products are used in agricultural and industrial applications. Approximately 11% of Banjo�� sales during 2012 were to customers outside the United States.
Energy consists of the Company�� Corken, Faure Herman, Liquid Controls, S.A.M.P.I. and Toptech businesses. Energy is a supplier of flow meters, electronic registration and control products, rotary vane and turbine pumps, reciprocating piston compressors, and terminal automation control systems. Energy has facilities in Longwood, Florida and Zwijndrech, Belgium (Toptech products), Oklahoma City, Oklahoma (Corken products), La Ferte Bernard, France (Faure Herman products), Vadodara, Gujarat, India (Liquid Controls products), and Altopascio, Italy (S.A.M.P.I. products). Applications for Liquid Controls and S.A.M.P.I. positive displacement flow meters, electronic, registration and control products include mobile and stationary metering installations for wholesale and retail distribution of petroleum and liquefied petroleum gas, aviation refueling, and industrial metering and dispensing of liquids and gases. Corken products consist of rotary vane pumps, single and multistage regenerative turbine pumps, and small horsepower reciprocating piston compressors. Toptech supplies terminal automation hardware and software to control and manage inventories, as well as transactional data and invoicing, to customers in the oil, gas and refined-fuels markets. Faure Herman is a supplier of ultrasonic and helical turbine flow meters used in the custody transfer and control of fluids and gases. Approximately 53% of Energy�� sales during 2012 were to customers outside the United State! s.
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CFP consists of the Company�� Richter, Viking and Warren Rupp businesses. CFP is a producer of air-operated and motor-driven double-diaphragm pumps and replacement parts, lined pumps, valves and control equipment for the chemical, fine chemical and pharmaceutical industries, and external gear pumps. Richter�� corrosion resistant fluoroplastic lined products offer solutions for applications in the process industry. Viking�� products consist of external gear pumps, strainers and reducers, and related controls used for transferring and metering thin and viscous liquids sold under the Viking and Wright Flow brands and air-operated double-diaphragm pumps sold under the Blagdon brand. Markets served by Viking products include chemical, petroleum, pulp and paper, plastics, paints, inks, tanker trucks, compressor, construction, food and beverage, personal care, pharmaceutical and biotech. Warren Rupp products (which also include Pumper Parts and Versa-Matic products) are used for abrasive and semisolid materials, as well as for applications where product degradation is a concern or where electricity is not available or should not be used. Markets served by Warren Rupp products include chemical, paint, food processing, electronics, construction, utilities, mining and industrial maintenance. CFP maintains operations in Kampen, Germany (Richter products), Cedar Falls, Iowa (Richter and Viking products), Eastbourne, East Sussex, England, Shannon, Ireland (Viking products) and Mansfield, Ohio (Warren Rupp products). CFP primarily uses independent distributors to market and sell its products. Approximately 54% of CFP�� sales during 2012 were to customers outside the United States.
Water consists of the Company�� ADS, IETG, iPEK, Knight and Pulsafeeder businesses. Water is a provider of metering technology and flow monitoring products and underground surveillance services for water and wastewater markets, as well as a manufacturer of pumps and dispensing equipment for industrial laundries! , commerc! ial dishwashing and chemical metering, and a provider of metering pumps, special-purpose rotary pumps, peristaltic pumps, fully integrated pump and metering systems, custom chemical-feed systems, electronic controls and dispensing equipment. ADS�� products and services provide integrated solutions that enable industry, municipalities and government agencies to analyze and measure the capacity, quality and integrity of wastewater collection systems, including the maintenance and construction of such systems. IETG�� products and services enable water companies to manage their water distribution and sewerage networks, while its surveillance service specializes in underground asset detection and mapping for utilities and other private companies. iPEK supplies remote controlled systems used for infrastructure inspection. Knight is a manufacturer of pumps and dispensing equipment for industrial laundries, commercial dishwashing and chemical metering. Pulsafeeder products are used to introduce precise amounts of fluids into processes to manage water quality and chemical composition, as well as peristaltic pumps. Its markets include water and wastewater treatment, oil and gas, power generation, pulp and paper, chemical and hydrocarbon processing, and swimming pools. Water maintains operations in Huntsville, Alabama and various other locations in the United States, Sydney, New South Wales, Australia and Melbourne, Victoria, Australia (ADS products), Leeds, England (IETG products and services), Hirschegg, Austria, and Sulzberg, Germany (iPEK products), Lake Forest, California, Mississauga, Ontario, Canada, Eastbourne, East Sussex, England, Unanderra, Australia, and Ciudad Juarez, Chihuahua, Mexico (Knight products), Rochester, New York, Punta Gorda, Florida and Milan, Italy (Pulsafeeder products). Approximately 47% of Water�� sales during 2012 were to customers outside the United States.
Water Services & Technology (WST) consists of the Company�� ADS, IETG and iPEK businesses. WST is a provi! der of me! tering technology and flow monitoring products and underground surveillance services for wastewater markets. ADS�� products and services provide integrated solutions that enable industry, municipalities and government agencies to analyze and measure the capacity, quality and integrity of wastewater collection systems, including the maintenance and construction of such systems. IETG�� products and services enable water companies to manage their water distribution and sewerage networks, while its surveillance service specializes in underground asset detection and mapping for utilities and other private companies. iPEK supplies remote controlled systems used for infrastructure inspection. WST maintains operations in Huntsville, Alabama and various other locations in the United States and Australia (ADS products and services); Leeds, England (IETG products and services); and Hirschegg, Austria, and Sulzberg, Germany (iPEK products). Approximately 40% of WST�� 2012 sales were to customers outside the United States.
The Company competes with Pump Solutions Group, Dover Corporation, Milton Roy and Tuthill Corporation.
Health & Science Technologies Segment
The Health & Science Technologies Segment designs, produces and distributes a range of precision fluidics, rotary lobe pumps, centrifugal and positive displacement pumps, roll compaction and drying systems used in beverage, food processing, pharmaceutical and cosmetics, pneumatic components and sealing solutions, including pumping solutions required in analytical instrumentation, clinical diagnostics and drug discovery, molded and extruded, biocompatible medical devices and implantables, air compressors used in medical, dental and industrial applications, optical components and coatings for applications in the fields of scientific research, defense, aerospace, telecommunications and electronics manufacturing, laboratory and commercial equipment used in the production of micro and nano scale materials, precision pho! tonic sol! utions used in life sciences, research and defense markets, and precision gear and peristaltic pump technologies. The segment accounted for 35% of IDEX�� sales and 35% of operating income in 2012, with approximately 54% of its sales to customers outside the United States.
IH&S consists of Eastern Plastics, Rheodyne, Ismatec, Sapphire Engineering, Upchurch Scientific and ERC, which was acquired in April 2012. IH&S has facilities in Rohnert Park, California (Rheodyne products); Bristol, Connecticut (Eastern Plastics products); Wertheim-Mondfeld, Germany (Ismatec products); Middleboro, Massachusetts (Sapphire Engineering products); Oak Harbor, Washington (Ismatec and Upchurch Scientific products); and Kawaguchi, Japan (ERC products). Eastern Plastics products, which consist of high- precision integrated fluidics and associated engineered plastics solutions, are used in a set of end markets including medical diagnostics, analytical instrumentation, and laboratory automation. Rheodyne products consist of injectors, valves, fittings and accessories for the analytical instrumentation market. Rheodyne products are used by manufacturers of high pressure liquid chromatography equipment servicing the pharmaceutical, biotech, life science, food & beverage, and chemical markets. Ismatec products include peristaltic metering pumps, analytical process controllers, and sample preparation systems. Sapphire Engineering and Upchurch Scientific products consist of fluidic components and systems for the analytical, biotech and diagnostic instrumentation markets, such as fittings, precision-dispensing pumps and valves, tubing and integrated tubing assemblies, filter sensors and other micro-fluidic and nano-fluidic components, as well as advanced column hardware and accessories for the high performance liquid chromatography (HPLC) market. Sapphire Engineering and Upchurch Scientific products primarily serve the pharmaceutical, drug discovery, chemical, biochemical processing, genomics/proteomics research, envir! onmental ! labs, food/agriculture, medical lab, personal care, and plastics/polymer/rubber production markets. ERC manufactures gas liquid separations and detection solutions for the life science, analytical instrumentation and clinical chemistry markets. ERC�� products consist of in-line membrane vacuum degassing solutions, refractive index detectors and ozone generation systems. Approximately 52% of IH&S�� 2012 sales were to customers outside the United States.
IOP consists of CVI Melles Griot (CVI MG), Semrock and AT Films (the Precision Photonics portion of the AT Films business was acquired in April 2012). CVI MG is a into design and manufacture of precision photonic solutions used in the life sciences, research, semiconductor, security and defense markets. CVI MG�� products are focused on the generation, control and productive use of light for a variety of key science and industrial applications. Products consist of specialty lasers and light sources, electro-optical components, specialty shutters, opto-mechanical assemblies and components. In addition, CVI MG produces critical components for life science research, electronics manufacturing, military and other industrial applications including lenses, mirrors, filters and polarizers. These components are utilized in a number of applications such as spectroscopy, cytometry (cell counting), guidance systems for target designation, remote sensing, menology and optical lithography.
CVI MG is headquartered in Albuquerque, New Mexico, with additional manufacturing sites located in Carlsbad, California; Rochester, New York; Isle of Man, British Isles; Leicester, England; Kyongki-Do, Korea; Tokyo, Japan; Didam, The Netherlands; and Singapore. Semrock is a provider of optical filters for biotech and analytical instrumentation in the life sciences markets. Semrock�� optical filters are produced using state-of-the-art manufacturing processes which enable it to offer its customers improvements in instrument performance and reliability.! Semrock ! is located in Rochester, New York. AT Films specializes in optical components and coatings for applications in the fields of scientific research, defense, aerospace, telecommunications and electronics manufacturing. The Precision Photonics portion of its business specializes in optical components and coatings for applications in the fields of scientific research, aerospace, telecommunications and electronics manufacturing. AT Films is headquartered in Boulder, Colorado. Approximately 57% of IOP�� 2012 sales were to customers outside the United Sates.
Containment consists of Precision Polymer Engineering (PPE). PPE, which is located in Blackburn, England, is a provider of high performance seals and advanced sealing solutions for a diverse range of global industries and applications, including hazardous duty, analytical instrumentation, semiconductor/solar, process technologies, pharmaceutical, electronics, and food applications. Approximately 79% of PPE�� 2012 sales were to customers outside the United States.
Gast consists of the Company�� Gast and Jun-Air businesses. The Gast business is a manufacturer of air-moving products, including air motors, low-range and medium-range vacuum pumps, vacuum generators, regenerative blowers and fractional horsepower compressors. Gast products are used in a variety of long-life applications requiring a quiet, clean source of moderate vacuum or pressure. Gast products primarily serve the medical equipment, environmental equipment, computers and electronics, printing machinery, paint mixing machinery, packaging machinery, graphic arts, and industrial manufacturing markets. The Jun-Air business is a provider of low-decibel, ultra-quiet vacuum compressors suitable for medical, dental and laboratory applications. Based in Benton Harbor, Michigan, Gast also has a logistics and commercial center in Redditch, England. Approximately 27% of Gast�� 2012 sales were to customers outside the United States.
Micropump, headquartered i! n Vancouv! er, Washington, produces, precision-engineered, magnetically and electromagnetically driven rotary gear, piston and centrifugal pumps. Micropump products are used in low-flow abrasive and corrosive applications. Micropump products primarily serve the printing machinery, medical equipment, paints and inks, chemical processing, pharmaceutical, refining, laboratory, electronics, pulp and paper, water treatment, textiles, peristaltic metering pumps, analytical process controllers and sample preparation systems markets. Approximately 77% of Micropump�� 2012 sales were to customers outside the United States.
MPT consists of Quadro, Fitzpatrick, Microfluidics and Matcon Group Limited (Matcon), which was acquired in July 2012. Quadro is a provider of particle control solutions for the pharmaceutical and bio-pharmaceutical markets. Based in Waterloo, Ontario, Canada, Quadro�� activities include fine milling, emulsification and special handling of liquid and solid particulates for laboratory, pilot phase and production scale processing within the pharmaceutical and bio-pharmaceutical markets. Fitzpatrick is into the design and manufacture of process technologies for the pharmaceutical, food and personal care markets. Fitzpatrick designs and manufactures customized size reduction, roll compaction and drying systems to support their customers��product development and manufacturing processes. Fitzpatrick is headquartered in Elmhurst, Illinois. Microfluidics is into designing and manufacturing of laboratory and commercial equipment used in the production of micro and nano scale materials for the pharmaceutical and chemical markets. Microfluidics is the producer of the Microfluidizer family of high shear fluid processors for uniform particle size reduction, robust cell disruption and nanoparticle creation. Microfluidics has offices in Newton, Massachusetts. Matcon is into material processing solutions for high value powders used in the manufacture of pharmaceuticals, food, plastics, and fine chemic! als.
!Matcon�� products consist of the original cone valve powder discharge system and filling, mixing and packaging systems, all of which support its customers��automation and process requirements. Matcon is located in Evesham, Worcestershire, England. Approximately 61% of MPT�� 2012 sales were to customers outside the United States.
The Company competes with Gardner Denver, Inc., Thermo Scientific Dionex, Gooch & Housego PLC, Parker Hannifin and Valco Instruments Co., Inc.
Fire & Safety/Diversified Products Segment
The Fire & Safety/Diversified Products segment produces firefighting pumps and controls, rescue tools, lifting bags and other components and systems for the fire and rescue industry, engineered stainless steel banding and clamping devices used in a variety of industrial and commercial applications, and precision equipment for dispensing, metering and mixing colorants and paints used in a variety of retail and commercial businesses around the world. The segment accounted for 22% of IDEX�� sales and 53% of IDEX�� operating income in 2012, with approximately 56% of its sales to customers outside the United States.
Fire Suppression consists of the Company�� Class I, Hale and Godiva businesses, which produce truck-mounted and portable fire pumps, stainless steel valves, foam and compressed air foam systems, pump modules and pump kits, electronic controls and information systems, conventional and networked electrical systems, and mechanical components for the fire, rescue and specialty vehicle markets. Fire Suppression�� customers are primarily OEMs. Fire Suppression is headquartered in Ocala, Florida (Class 1 and Hale products), with additional facilities located in Warwick, England (Godiva products). Approximately 41% of Fire Suppression�� 2012 sales were to customers outside the United States.
Rescue consists of the Company�� Dinglee, Hurst Jaws of Life, Lukas and Vetter businesses, which produce hydraulic! , battery! , gas and electric-operated rescue equipment, hydraulic re-railing equipment, hydraulic tools for industrial applications, recycling cutters, pneumatic lifting and sealing bags for vehicle and aircraft rescue, environmental protection and disaster control, and shoring equipment for vehicular or structural collapse. Rescue Tool�� customers are primarily public and private fire and rescue organizations. Rescue has facilities in Shelby, North Carolina (Hurst Jaws of Life products); Tianjin, China (Dinglee products); Erlangen, Germany (Lukas products); and Zulpich, Germany (Vetter products). Approximately 75% of Rescue�� 2012 sales were to customers outside the United States.
Band-It is a producer of stainless steel banding, buckles and clamping systems. Band-It products are used for securing exhaust system heat and sound shields, industrial hose fittings, traffic signs and signals, electrical cable shielding, identification and bundling, and in numerous other industrial and commercial applications. Band-It products primarily serve the automotive, transportation equipment, oil and gas, general industrial maintenance, electronics, electrical, communications, aerospace, utility, municipal and subsea marine markets. Band-It is based in Denver, Colorado, with additional operations in Staveley, Derbyshire, England, and a IDEX shared manufacturing facility in China. Approximately 39% of Band-It�� 2012 sales were to customers outside the United States.
Dispensing Equipment produces precision equipment for dispensing, metering and mixing colorants and paints used in a variety of retail and commercial businesses worldwide. Dispensing Equipment is a global supplier of precision-designed tinting, mixing, dispensing and measuring equipment for auto refinishing and architectural paints. Dispensing Equipment products are used in retail and commercial stores, hardware stores, home centers, department stores, automotive body shops as well as point-of-purchase dispensers. Dispensing Equipmen! t is head! quartered in Wheeling, Illinois with additional facilities in Sassenheim, The Netherlands; Unanderra, Australia; and Milan, Italy, as well as IDEX shared manufacturing facilities in India and China. Approximately 59% of Dispensing Equipment�� 2012 sales were to customers outside the United States.
The Company competes with American Cast Iron Pipe Company, Holmatro, Inc., Nordic Capital and Panduit Corporation.
Advisors' Opinion:- [By Marc Bastow]
This week’s biggest increase came from applied solutions provider Idex (IEX), which �raised its quarterly dividend 22% to 23 cents per share payable April 30 to shareholders of record April 16.
IEX Dividend Yield: 1.60% - [By Rich Duprey]
Diversified technology machinist�IDEX (NYSE: IEX ) announced yesterday its second-quarter dividend of $0.23�per share, the same rate it paid last quarter after raising the payout 15% from $0.20 per share.
- [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 IDEX (NYSE: IEX ) , whose recent revenue and earnings are plotted below. - [By Ben Levisohn]
Xylem’s big day has also boosted other water-infrastructure stocks. Flowserve (FLS) has gained 1.2% to $70.59, Idex Corp. (IEX) has risen 0.5% to $68.69 and Thermo Fisher Scientific (TMO) has advanced 0.4% t0 $98.22.
Hot Quality Stocks For 2014: CACI International Inc. (CACI)
CACI International Inc, through its subsidiaries, provides information solutions and services to the U.S. federal government and commercial markets in North America and internationally. The company offers enterprise information technology (IT) solutions and services for the design, development, integration, deployment, operations and management, sustainment, and security of clients� infrastructure; information solutions and services that automate the knowledge management lifecycle; and enterprise-level system solutions in the domain of procurement, financial, human capital, logistics, and supply chain management. It also offers intelligence, surveillance, and reconnaissance solutions; command and control solutions to support military, homeland security, law enforcement, border security, emergency response, and disaster relief missions; and develops and manages logistics information systems, and simulation and modeling toolsets, as well as provides logistics engineering se rvices. In addition, the company offers cyber security services that support preparing for, protecting against, detecting, reacting, and responding to the cyber threats; integrated security solutions and services for mitigating and countering the effects of natural, technological, and man-made hazards; geospatial solutions relating to defense, intelligence, homeland security, and commercial applications; and government investigation and litigation support solutions. Further, it provides healthcare IT solutions; identity management solutions; program management, and system engineering and technical assistance services to government program offices; mobility solutions and services; and planning, design, implementation, and management solutions that resolve technical or business needs for commercial and government clients in the telecommunications, education, financial services, healthcare services, and transportation sectors. The company was founded in 1962 and is headquartere d in Arlington, Virginia.
Advisors' Opinion:- [By Rich Smith]
Starting the week off slow, the U.S. Department of Defense announced only a half-dozen new contracts Monday, worth a bit over $345 million in aggregate value. Raytheon scored the big win of the day -- a monster $279 million deal to develop a new electronic warfare product for the Navy. But it wasn't the day's only winner:
Hot Quality Stocks For 2014: Systemax Inc.(SYX)
Systemax Inc. operates as a direct marketer of brand name and private label products. The company operates in two segments, Technology Products and Industrial Products. The Technology Products segment sells computers, computer supplies, and consumer electronics in North America and Europe. This segment offers individual technology products in categories, including computers; computer parts; television and video; audio; cameras and surveillance; car and GPS; cell phones; software; video games and toys; home and office; and other products. The Industrial Products segment sells various industrial products and supplies in North America. This segment provides products in categories, such as material handling; storage and shelving; workbench and shop desks; packaging and supplying; furniture and office; foodservice and appliances; janitorial and maintenance; tools and instruments; fasteners and hardware; motors and power transmission; HVAC/R and fans; electrical and bulbs; plumb ing supplies; and safety and medical items. The company offers its products through its relationship marketers, catalog mailings, and Internet Websites. It serves individual consumers; and business customers comprising for-profit businesses, educational organizations, and government entities. Its portfolio of catalogs comprises various brand names, such as TigerDirect.com, Global Computer Supplies, TigerDirect.ca, Misco, Global Industrial, Nexel, and Inmac WStore. As of December 31, 2011, the company operated 42 retail stores in North America; and 7 distribution centers in Europe. Systemax Inc. was founded in 1949 and is headquartered in Port Washington, New York.
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 Systemax (NYSE: SYX ) , whose recent revenue and earnings are plotted below. - [By Rich Duprey]
Loyalty and marketing specialist Alliance Data Systems (NYSE: ADS ) grabbed a tiger by the tail with a multiyear agreement to�provide private label credit card services�to�Systemax (NYSE: SYX ) subsidiary TigerDirect.
Hot Quality Stocks For 2014: Martha Stewart Living Omnimedia Inc (MSO)
Martha Stewart Living Omnimedia, Inc. (MSO), incorporated on May 7, 1996, is an integrated media and merchandising company providing consumers with lifestyle content and products. The Company operates in three segments: Publishing, Broadcasting, Merchandising, Publishing and Broadcasting. The media and merchandise it creates generally consists of cooking and entertaining, holiday and celebrations, crafts, home, weddings, organizing, office products and accessories, gardening and outdoor living, and pets (grooming, apparel, feeding and health). In December 2012, the Company ceased its Everyday Food publication. In January 2013, the Company discontinued publication of Whole Living.
Publishing
During the year ended December 31, 2012, the Company�� Publishing segment accounted for 62% of its total revenues, consisting of operations related to magazine and book publishing and digital distribution, principally through its marthastewart.com. Revenues from magazine and digital advertising represented approximately 63% of the segment�� revenues during 2012, while circulation revenues represented approximately 34% of the segment�� revenues. As of December 31, 2012, the Company�� Everyday Food publication is being issued as an occasional insert to Martha Stewart Living subscribers.
Martha Stewart Living, its flagship magazine, is the foundation of its publishing business. The Company As of December 31, 2012, it published Martha Stewart Living on a monthly basis with a rate base of 2.05 million. The magazine primarily focused to the college-educated woman between the ages of 25 and 54 who owns her residence. Martha Stewart Living offers lifestyle ideas. Martha Stewart Weddings, a quarterly publication, targets the upscale bride and serves. Martha Stewart Weddings is distributed primarily through newsstands.
Martha Stewart Living, its flagship magazine, is the foundation of its publishing business. The Company As of December 31, 2012, it published Martha ! Stewart Living on a monthly basis with a rate base of 2.05 million. The magazine primarily focused to the college-educated woman between the ages of 25 and 54 who owns her residence. Martha Stewart Living offers lifestyle ideas. Martha Stewart Weddings, a quarterly publication, targets the upscale bride and serves. Martha Stewart Weddings is distributed primarily through newsstands.
The marthastewart.com Website is its digital properties, offering a range of continually updated articles, recipes and videos developed from several Martha Stewart brands, including its magazine properties. The Website provides several lifestyle categories: food, entertaining, holidays, home and garden, crafts and pets. The Website also serves as a gateway to its other properties, including marthastewartweddings.com and emerils.com. The Company produces digital editions available through Barnes & Noble's Nook, Amazon's Kindle Fire and through the Zinio platform. During 2012, it built a custom storefront in Apple's iTunes, which allows it to sell subscriptions and single copies of its magazines, only for Apple's iPad products. The Company produces iPad versions of Martha Stewart Living and Martha Stewart Weddings, the latter of which was launched during 2012. During 2012, it launched the Craft Studio app available on Apple iTunes.
Merchandising
The Merchandising segment consists of the Company�� operations related to the design and branding of merchandise and related collateral and packaging materials that are distributed by its retail and manufacturing partners in exchange for royalty income. The Company�� merchandising segment contributed 29% of its total revenues during 2012. The segment consists of operations related to the design of merchandise and related packaging, collateral and advertising materials, and the licensing of various trademarks, in connection with retail programs conducted through a number of retailers and manufacturers. The Company�� Martha Stewart Living prog! ram at Th! e Home Depot is available at all of The Home Depot�� stores in the United States and Canada, as well as on www.homedepot.com and Home Decorators Collection catalog, online and retail stores. The Martha Stewart Living program at The Home Depot consists of a range of home decor, paint, storage and organization products, outdoor furniture, window treatments, kitchen cabinetry, countertops, carpet and seasonal holiday decor.
The Company�� Martha Stewart Collection at Macy�� is available at the approximately 650 Macy�� stores in the United States that offer home products, as well on www.macys.com. The Martha Stewart Collection line consists of a range of home goods, including bed and bath textiles, house wares, food preparation and other kitchen items, tabletop and holiday decorating items. Martha Stewart Crafts, a paper-based crafting program, consists of tools, embellishments, paper/albums, and other seasonal products. Martha Stewart Pets line consists of a range of pet accessories, including apparel, collars, leashes, bedding, grooming supplies and toys. The Martha Stewart Home Office line is sold at Staples in the United States and United Kingdom, on www.staples.com, and at Officeworks in Australia. The line consists of a range of home office products, including surface organization, journals, portable filing, pantry organization and the line of bags and totes.
Emerilware products by T-FAL consist of small kitchen appliances available at department stores and specialty retail outlets across the United States, as well as through the Home Shopping Network. Emerilware by All-Clad consists of lines of gourmet cookware and barbeque tools available at department stores and specialty retail outlets across the United States, as well as through the Home Shopping Network. Emeril Lagasse introduced with B&G Foods, Emeril�� Original is a line of seasonings, salad dressings, basting sauces and marinades, mustards, salsas, pasta sauces, pepper sauces, spice rubs, cooking sprays and ! stocks av! ailable at supermarkets and specialty markets across the United States, as well as through the Home Shopping Network. Emeril�� Gourmet Coffee with Timothy�� World Coffee is a single-cup coffee program consisting of flavored coffees inspired by Emeril Lagasse. The program is available in department and specialty stores nationwide, as well as in certain national hotel chains.
Emeril's Red Marble Steaks with Allen Brothers is a line of hand-selected, aged steaks. The line is available through catalog, online and the Home Shopping Network. During 2012, it launched Emeril by Snapware, which is branded food storage, on the Home Shopping Network.
Broadcasting
The Broadcasting segment consists of the Company's television production operations and its satellite radio operations. The Company�� Broadcasting business segment accounted for 9% of its total revenues during 2012. During 2012, the Company restructured the Broadcasting segment, which included the termination of its live audience television production operations. Emeril Lagasse also provides various television services for us. During 2012, Emeril Lagasse hosted a new show, Emeril's Florida, on the Cooking Channel. During 2012, it produced two seasons of a new weekly half-hour series, Martha Stewart�� Cooking School.
Advisors' Opinion:- [By Garrett Cook]
A NY judge ruled that JC Penney (NYSE: JCP) interfered with Macy's (NYSE: M) pact with Martha Stewart's Onmimedia (NYSE: MSO). JC Penney trading was volatile around the release whereas Macy's gained slightly along with the thinly traded shares of Onmimedia. The judge further state that macy's failed to prove it's entitlement to punitive damages.
Hot Quality Stocks For 2014: THL Credit Inc.(TCRD)
THL Credit, Inc. is a private equity and mezzanine firm specializing in mature, bridge, PIPES, industry consolidation, acquisition, recapitalization, change of control transactions, and growth capital investments in both sponsored and unsponsored middle-market companies. It provides junior debt and equity to both private and public companies. The firm also invests in privately negotiated subordinated debt securities such as warrants. It seeks to invest in outsourced business services, healthcare, financials, retailing, media, and consumer discretionary. The firm prefers to invest between $10 million and $50 million in the form of debt in companies that have annual revenues between $25 million and $500 million and with an EBITA of minimum $5 million. It prefers to be a lead or sole investor in a transaction. The firm also seeks board representation in its portfolio companies. THL Credit, Inc. was founded in 2007 and is based in Boston, Massachusetts with additional offices in Houston, Texas and Los Angeles, California.
Advisors' Opinion:- [By Eric Volkman]
THL Credit (NASDAQ: TCRD ) stands to gross nearly $100 million in new financing if a fresh stock offering goes as planned. The company announced it's floating 6.6 million shares of its common stock at $14.62 apiece in an underwritten public offering. Additionally, its underwriters have been granted a 30-day purchase option for up to an additional 990,000 shares.
Hot Quality Stocks For 2014: Revive Therapeutics Ltd (RVV)
Revive Therapeutics Ltd., formerly Mercury Capital II Limited, is focused on acquiring, developing and commercializing treatments for major market opportunities such as sleep apnea, gout and rare diseases. The Company is focused on underserved medical needs such as opioid-induced respiratory depression in high risk patients with sleep apnea, gout, and Rett Syndrome. The Company is also developing a next generation analog of REV-001, which is an improvement of the original compound and it will have the potential to treat new diseases that would otherwise remain untreated with the original compound, such as rare diseases, breathing disorders, and cognitive dysfunction. Advisors' Opinion:- [By Holly LaFon]
Whitney George is Director of Investments, Managing Director, and a Portfolio Manager of Royce & Associates, LLC, investment advisor to The Royce Funds. He serves as portfolio manager for Royce Premier Fund (RPR), Royce Low-Priced Stock Fund (RLP), Royce Global Value Fund (RGV), Royce SMid-Cap Value Fund (RSV), and Royce Focus Trust (FUND). He also serves as assistant portfolio manager for Royce Micro-Cap Fund (RMC), Royce Value Fund (RVV), Royce Value Plus Fund (RVP), Royce Focus Value Fund (RFV), and Royce Capital Fund ��Micro-Cap Portfolio (RCM). Mr. George's thoughts in this interview concerning the stock market are solely his own and, of course, there can be no assurance with regard to future market movements.
Hot Quality Stocks For 2014: Compugen Ltd.(CGEN)
Compugen Ltd. operates as a drug and diagnostic discovery company based on computer-based discovery capabilities to predict and select novel product candidates. Through in silico prediction and selection, the resulting novel molecules are synthesized and validated utilizing traditional in vitro and in vivo experimental procedures. The company provides these validated product candidates to pharmaceutical, biotech, and diagnostic companies under licensing and other commercialization arrangements. Its research and discovery efforts are focused primarily on therapeutic proteins and peptides, and monoclonal antibodies, and primarily in the fields of immunology and oncology. Its therapeutic peptide and protein related platforms include Protein Family Members Discovery Platform, Protein-Protein Interaction Blockers, GPCR Therapeutic Peptide Ligands, Disease-Associated Conformation Blockers, Intracellular Drug Delivery, Viral Peptides, and Splice Variant based Therapeutic Proteins . The company?s monoclonal antibody related platforms comprise Monoclonal Antibody Targets. Its other therapeutic and diagnostic platforms consist of Nucleic-Acid Disease Markers, Protein Disease Markers, Nucleic-Acid Preclinical Toxicity Markers, Non-SNP Drug Response Markers, and New Indications. Its therapeutic peptide and protein product candidates comprise CGEN-15001, a novel protein for the treatment of autoimmune disorders; CGEN-25017, a novel peptide antagonist of the Angiopoietin/Tie-2 pathway; CGEN-855, a peptide agonist of the FPRL1 GPCR receptor; CGEN-856 and CGEN-857, which are MAS GPCR peptide agonists; CGEN-25007, an antagonist of the gp96 protein; and CGEN-25009, a peptide of the LGR7 receptor. The company also offers monoclonal antibody target product candidates, including CGEN-671, a drug for multiple epithelial tumors; CGEN-928, a drug for multiple myeloma; and CGEN-15001T, a novel B7/CD28 family member. Compugen Ltd. was founded in 1993 and is based in Te l Aviv, Israel.
Advisors' Opinion:- [By Lisa Levin]
Compugen (NASDAQ: CGEN) climbed 3.54% to $11.86 after Jefferies initiated coverage on the stock with a Buy rating and a $17.00 price target.
Posted-In: market moversNews Intraday Update Markets Movers
- [By Sean Williams]
On Monday, small-cap biotechnology company Compugen (NASDAQ: CGEN ) gave investors something to cheer about when it announced a collaboration and licensing agreement with Bayer for two of its antibody-based immunotherapies. The deal could be worth as much as $540 million for Compugen and gives the company $10 million upfront, as well as the potential for $30 million more in milestone payments during preclinical trials. The two companies will co-develop these drugs, with Bayer getting worldwide rights upon commercialization (though Compugen would still receive a mid- to high-single-digit royalty). This is great news for Compugen, as it solves the problem of seeking out a partner later, helps reduce its clinical testing costs, and staves off the need to dilute shareholders with a secondary offering to raise cash. Shares added 44% this week.
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