Mindspeed Technologies (NASDAQ: MSPD) surged 69.02% to $5.02 in the pre-market session after M/A-Com Technology Solutions Holdings (NASDAQ: MTSI) announced its plans to acquire Mindspeed Technologies.
YY (NASDAQ: YY) shares jumped 7.44% to $57.90 in pre-market trading after the company reported its Q3 unaudited financial results.
Zillow (NASDAQ: Z) shares gained 6.51% to $87.67 in the pre-market session on upbeat Q3 results.
Cbeyond (NASDAQ: CBEY) soared 6.29% to $6.76 in the pre-market trading. Cbeyond shares have dropped 10.67% over the past 52 weeks, while the S&P 500 index has gained 26.42% in the same period.
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Around the Web, We're Loving... Learn to Use Trading Platforms Like Hedge Fund Traders doBest Industrial Disributor Stocks To Invest In 2015: Kennametal Inc. (KMT)
Kennametal Inc. manufactures and supplies tooling, engineered components, and advanced materials consumed in production processes worldwide. The company operates in two segments, Industrial and Infrastructure. It offers standard and customized technologies for metalworking, such as metal cutting tools, tooling systems, and services, as well as materials, including cemented tungsten carbide products, super alloys, coatings, and investment castings. It also manufactures and markets a line of tool holders, tool-holding systems, and rotary-cutting tools by machining and fabricating steel bars and other metal alloys; and tungsten powders, tungsten heavy alloys, tungsten carbide materials, and tungsten carbide cutting tools. In addition, the company produces compacts and metallurgical powders; products made from tungsten carbide or other hard materials that are used for custom-engineered and applications, including mining and highway construction; and engineered components and s urface technology solutions with proprietary metal cladding capabilities, as well as process technology and materials that focus on component deburring, polishing, and effecting controlled radii. The Industrial segment serves customers primarily in the aerospace, defense, transportation, and general engineering market sectors, as well as the machine tool industry; and offers its products and services for use in the manufacture of engines, airframes, automobiles, trucks, ships, and various types of industrial equipment. The Infrastructure segment serves customers in energy and earthworks sectors who support primary industries, such as oil and gas; power generation; food and beverage; chemicals; underground, and surface and hard-rock mining, highway construction, and road maintenance. The company sells its products through direct sales force; network of independent distributors and sales agents; and Internet. Kennametal Inc. was founded in 1938 and is headquartered in Latrobe, Pennsylvania.
Advisors' Opinion:- [By Monica Wolfe]
Kennametal (KMT)
Richard Snow (Trades, Portfolio)�� fifth largest position is in Kennametal where he holds on to 1,872,839 shares of the company�� stock. This position represents 3.3% of his total portfolio as well as 2.41% of the company�� shares outstanding.
Hot Net Payout Yield Companies To Watch In Right Now: SourcingLink.net Inc (SNET)
SourcingLink.net, Inc., incorporated in 1994, was involved in developing and deploying merchandise-sourcing solutions for the retail industry prior to its operating assets sale in March 2004. The Company's Internet-based, hosted solutions for the pre-order phase of business-to-business merchandise procurement enabled retailers to organize, automate and reduce the cost of their merchandise-sourcing activities by locating and connecting directly with their retail merchandise suppliers around the globe. Its solution, branded MySourcingCenter, provided an online location for search, display and comparison functions, and linked and managed the data and communications between retailers and merchandise suppliers in industry-specific private environments, organizing and automating sourcing or pre-order merchandise procurement activities over the Internet. The majority of the Company's revenue through the fiscal years ended March 31, 2001 (fiscal 2001) to 2003 (fiscal 2003) was generated from a contract entered into, in March 2000, with Carrefour S.A. After completion of the Carrefour agreement, SourcingLink.net, Inc. was unable to procure additional contracts to replace the revenue generated by the Carrefour agreement.
SourcingLink.net sold its operating assets and intellectual property, and its two customer contracts in two separate transactions, in March 2004, (collectively, the operating assets sale), and ceased its operating business at that time. Its fixed assets, software, intellectual property and customer contracts related to Internet-based merchandise sourcing solution were sold to a third party in Europe. The Company's list of potential customers and certain Lotus Notes templates related to its professional services business were sold to a separate foreign company.
Prior to the operating assets sale in March 2004, the Company also performed professional services that accounted for the majority of its revenue since fiscal 2001. Its professional services enabled customers to ! implement Internet-based electronic negotiations (eSourcing) solutions. SourcingLink.net's service offering was buyer auction programs, which encompassed assessment, savings delivery and training aimed at optimizing auction processes within the buying organization.
MySourcingCenter is an online sourcing solution for finding, displaying, comparing and negotiating the purchase of products. The Company provided customers with a turnkey solution, including project management for buyer rollout and both online and global helpdesk support for buyers and suppliers. Reporting and forms were standardized for suppliers and standard forms were also available for retailers. In addition, SourcingLink.net mapped standard supplier data to any forms specification the retailer may have had, providing a customized display to meet retailer requirements. All of the underlying software resided outside of customer firewalls in a third party co-location facility.
The Company's only customer for MySourcingCenter was the international purchasing department of France-based Leroy Merlin. It also signed a contract with a United States-based customer, for which initial planning had occurred prior to the operating assets sale in March 2004.
SourcingLink.net provided professional services in the area of Internet-based, pre-order merchandise procurement. It assisted retailers in the conduct of online real-time negotiation events and trained buying organizations to become autonomous in conducting such events. Related to the Company's Internet solution, it provided project management for retailer implementations of MySourcingCenter. SourcingLink.net provided services to Carrefour, from April 2000, through mid-fiscal 2004, under a three-year contract. This contract provided the majority of the Company's revenues during the prior three fiscal years. It also provided services to the WorldWide Retail Exchange and certain of its members. One such contract provided about one-third of its services revenue ! during fi! scal year 2004. The Company's professional services customers included Carrefour, under the Carrefour contract, and members of several industry exchanges, including the WorldWide Retail Exchange, a retail industry exchange with 60 members around the globe, and CPGmarkets, an exchange for manufacturers of consumer packaged goods, whose members are in Europe.
Advisors' Opinion:- [By Peter Graham]
Small cap stocks IDGlobal Corp (OTCMKTS: IDGC), Embarr Downs Inc (OTCMKTS: EMBR) and SourcingLink.net, Inc (OTCMKTS: SNET) have been getting some extra attention in various investment newsletters or investor alerts lately as at least two of these stocks have been the subject of paid promotions or other types of investor relations activities. Of course, there is nothing wrong with properly disclosed promotions or investor relations activities. But just how hot are these two small cap stocks? Here is a closer look and a quick reality check:
Hot Net Payout Yield Companies To Watch In Right Now: Stericycle Inc (SRCL)
Stericycle, Inc., incorporated on March 21, 1989, is in the business of managing regulated waste and providing an array of related and complementary services. The Company operates in the United States, Argentina, Brazil, Canada, Chile, Ireland, Japan, Mexico, Portugal, Romania, Spain, and the United Kingdom. The regulated waste services the Company provides include medical waste disposal, its Steri-Safe medical waste and compliance program, its Clinical Services program, its Bio Systems reusable sharps disposal management services, pharmaceutical waste disposal, and hazardous waste disposal. In addition to the Company's regulated waste services, the Company offers regulated recall and returns management services, patient communication services, and medical safety products. The Company's regulated recall and returns management services consist of a number of solutions for a variety of businesses but consist primarily of managing the recall, withdrawal or return of expired or recalled products and pharmaceuticals. During the year ended December 31, 2012, it completed 41 acquisitions, of which 17 were domestic businesses and 24 were international businesses in Latin America, Europe, and Japan. In August 2013, Stericycle Inc acquired Eclipse Marketing.
The Company also provides communication services to healthcare providers to improve office productivity and communications with patients. As of December 31, 2012, the Company's worldwide networks included a total of 153 processing facilities, 141 transfer sites, and 64 recall and returns or communication services facilities. The Company serves approximately 541,000 customers worldwide, of which approximately 16,500 are large-quantity generators, such as hospitals, blood banks and pharmaceutical manufacturers, and approximately 524,500 are small-quantity generators, such as outpatient clinics, medical and dental offices, long-term and sub-acute care facilities, veterinary offices, municipalities and retail pharmacies. For large-quantity generat! ors of regulated waste such as hospitals and for pharmaceutical companies and distributors, the Company offers its regulated waste management services; its Bio Systems reusable sharps disposal management services; its pharmaceutical waste services; its Integrated Waste Stream Solutions (IWSS) program; a variety of products and services for infection control; its regulated recall and returns management services for expired or recalled products and pharmaceuticals, and variety of patient communication services. For small-quantity generators of regulated waste such as doctors' offices or retail pharmacies, the Company offers its Steri-Safe OSHA, HIPAA compliance, and clinical services programs.
The Company supplies specially designed reusable leak-resistant and puncture-resistant plastic containers to most of its large-quantity customers and many of its larger small-quantity customers. The Company collects containers or corrugated boxes of regulated waste from its customers depending upon customer requirements, contract terms and volume of waste generated. The waste is then transported directly to one of the Company's processing facilities or to one of its transfer stations where it is combined with other regulated waste and transported to a processing facility. The Company collects some expired or recalled products, but more typically, customer ships them directly to its processing facilities. Upon arrival at a processing facility, containers or boxes of regulated waste are typically scanned to verify that they do not contain any unacceptable substances like radioactive material. The regulated waste is then processed using one of the Company's various treatment or processing technologies. Upon completion of the particular process, the resulting waste or incinerator ash is transported for resource recovery, recycling or disposal in a landfill owned by an unaffiliated third party. The Company provides complete documentation to its customers for all regulated waste that the Company collect in ac! cordance ! with applicable regulations and customer requirements.
Advisors' Opinion:- [By Jason Moser]
I owe my love of investing to my father. And with that in mind, I give you the Father's Day Portfolio. These are 10 stocks that remind me of my dad, and together they will form a formidable, market-beating team that will offer investors outstanding returns for years to come.
Dick's Sporting Goods� (NYSE: DKS ) is a family affair. CEO Edward Stack is the son of founder Richard Stack, and he owns close to 18%�of the shares outstanding. I like what this company has done and where it's headed. It controls 8.5% of the tremendous sporting-goods market. Boston Beer� (NYSE: SAM ) �seems an appropriate call here. Having a beer with your dad is one of the great moments in life, and given that this company sold more than 50 beer varieties under the Samuel Adams brand in 2012, chances are pretty darn good that there may be a Sam Adams in Dad's fridge. My dad drives a�Ford� (NYSE: F ) Expedition, and he's owned a few other Fords in his life. Every time I see the blue oval I think of him, and I think this company will play a big part in the fast-changing automobile market.� I smile so wide it looks like I have a coat hanger in my mouth when I see my dad using his iPhone and iPad, courtesy of�Apple. The guy turned 71 this Father's Day (happy birthday, Dad!) and he's embraced technology like a 15-year-old. We all know that if you have a question these days you can just ask�Google. These guys do a lot of things well, but search and maps are their specialty. It's not just iDevices for my dad, either. He loves his new Kindle Paperwhite from Amazon.com, not to mention the fact that he can order just about anything from the e-commerce giant. My dad's a doctor, and�St. Jude Medical� (NYSE: STJ ) is a device company that has a wonderfully diverse product mix. From heart devices to strokes, Parkinson's, and migraines, �this company is playing a big role in up-and-coming medical technology. Shout-out No. 1 to our Ge - [By Holly LaFon]
Stericycle (SRCL) alone operates globally and generates close to $2 billion in annual revenues. Despite Stericycle's strong business performance during the recently reported quarter, the stock detracted from performance, partially driven by headlines of rumored regulatory action related to one of the Company's incinerators. We believe the issue is not meaningful to results and we would be willing to add to shares on pullbacks related to this. Stericycle's stock trades in the mid to high-颅��eens EBITDA range, but the company routinely purchases smaller competitors for just 3X-颅��X EBITDA. This accretion is a byproduct of Stericycle's competitive positioning and we believe it paves a multi-颅��ear runway for double-颅��igit growth.
Hot Net Payout Yield Companies To Watch In Right Now: Aegerion Pharmaceuticals Inc.(AEGR)
Aegerion Pharmaceuticals, Inc., a development stage biopharmaceutical company, engages in the development and commercialization of novel therapeutics to treat debilitating and fatal rare diseases. The company focuses on therapeutics to treat severe inherited lipid disorders. Lipids are naturally occurring molecules, such as cholesterol and triglycerides that are transported in the blood. Its lead product, lomitapide has completed pivotal Phase III clinical trial to treat patients with a rare inherited lipid disorder called homozygous familial hypercholesterolemia, or HoFH. The company also plans to develop lomitapide for the treatment of adult patients with a severe genetic form of hypertriglyceridemia called familial chylomicronemia. Aegerion Pharmaceuticals, Inc. was founded in 2005 and is headquartered in Cambridge, Massachusetts.
Advisors' Opinion:- [By Brian Orelli]
An orphan investment opportunity
Aegerion Pharmaceuticals (NASDAQ: AEGR ) sold just $1.2 million worth of Juxtapid, its treatment for a rare genetic disease called homozygous familial hypercholesterolemia, or HoFH, which causes extremely high cholesterol levels. - [By Sean Williams]
You can also chalk up an early week win for Aegerion Pharmaceuticals (NASDAQ: AEGR ) and its homozygous familial hypercholesterolemia, or HoFH, drug known as Juxtapid. The drug, which is known as Lojuxta in Europe, received a positive opinion from the Committee for Medicinal Products for Human Use and is poised to get a decision on approval from the European Medicines Agency sometime in the third quarter. In the U.S. Aegerion recently announced plans to boost the annual price on its breakthrough pill from $235,000 to $295,000, but consider me still not fully sold that this will be enough to justify Aegerion's insane share price spike or even get the company solidly into the black.
- [By David Williamson]
It looks like the CHMP, Europe's version of the FDA advisory committee, didn't want the month to end without two big positive opinions, giving investors a nice little present heading into the weekend.�Celgene's (NASDAQ: CELG ) relapsed and refractory multiple myeloma drug pomalidomide, and Aegerion's (NASDAQ: AEGR ) HoFH drug Juxtapid, are now likely to be approved in the EU.
- [By Brian Orelli]
According to an abstract posted at Forbes, Amgen's PCSK9 inhibitor was able to help some patients with a rare genetic disease that causes extremely high levels of cholesterol. For some patients, the drug, dubbed AMG 145, seems to work as well as Aegerion's (NASDAQ: AEGR ) Juxtapid�or Kynamro from Isis Pharmaceuticals (NASDAQ: ISIS ) and Sanofi, without the side effects. In addition to taking some sales from Juxtapid and Kynamro, AMG145 looks poised to treat patients with less severe cholesterol problems given the clean side effect profile.
Hot Net Payout Yield Companies To Watch In Right Now: Tractor Supply Company(TSCO)
Tractor Supply Company operates retail farm and ranch stores in the United States. Its stores offer a selection of merchandise, including equine, pet, and animal products, such as items required for their health, care, growth, and containment; hardware, truck, towing, and tool products; seasonal products, including lawn and garden items, power equipment, gifts, and toys; maintenance products for agricultural and rural use; and work/recreational clothing and footwear. The company operates its retail stores under the Tractor Supply Company and Del?s Farm Supply names, as well as a Website under the TractorSupply.com name. As of December 31, 2011, it operated 1,085 retail farm and ranch stores in 44 states. The company serves recreational farmers and ranchers, as well as tradesmen and small businesses. Tractor Supply Company was founded in 1938 and is headquartered in Brentwood, Tennessee.
Advisors' Opinion:- [By Neil Macneale]
But instead of that, I chose to go to Tractor Supply (TSCO), which was a favorite of mine from the past. But DaVita is a good company. I didn't really like to pass it up in September. I was glad to have the opportunity to buy it in October.
- [By Holly LaFon]
Company % of Assets Pepsico (PEP) 3.4 Philip Morris (PM) 2.3 Tesco PLC ADR (TSCO) 2.1 Molson Coors Brewing (TAP) 2.1 Microsoft (MSFT) 1.9 Merck (MRK) 1.9 Procter & Gamble (PG) 1.8 Avon Products (AVN) 1.6 Wal��art (WMT) 1.6 Medtronic 1.6 Hospira (HSP) 1.5 BP (BP) 1.4 Medco Health Solutions (MHS) 1.3 Johnson & Johnson (JNJ) 1.3 Unilever NV (UL) 1.3
Jeff is also optimistic about natural gas and believes the recession in Europe could be setting up "a generational buying opportunity." - [By Ben Levisohn]
Some investors…believe that we are too negative on Sears Holdings’ outlook…So let�� accept their math and take the low end of their assumed improvements. Based on that, we would add $1 billion to EBITDA from initiatives, which adding to trailing twelve months would give them positive EBITDA (yes you read that right) of $300 million. Here is the problem. The bulls on Sears argue for the most part that the value is in the real estate and brand names. If Mr. Lampert is trying to make it as an operator we should value them as such, but that’s a bigger problem. Using a positive $300 million EBITDA, that would imply a multiple of 29.5x lets say in 2017 to give them time for the turnaround. That would place their multiple well above anything we cover, including our best growth names such as The Container Store (TCS), Tractor Supply (TSCO)…Lumber Liquidators (LL), and CarMax (KMX). So if one accepts the turnaround and we give them an eight multiple of EBITDA three years out, a somewhat generous multiple for a non-top-line grower, then the value of the equity would be negative. H��mm. Maybe the company should explore the asset sale. Said another way, this remains a significantly overvalued stock and while we are not moving to a negative target price, we maintain our $20 price target.
- [By Charles Riley]
Shares of Tractor Supply Co. (TSCO) dropped 5% before the open after the company posted disappointing earnings on Wednesday.
Overall, U.S. stock futures were lower by about 1%.
Hot Net Payout Yield Companies To Watch In Right Now: Multi-Fineline Electronix Inc.(MFLX)
Multi-Fineline Electronix, Inc. engages in the engineering, design, and manufacture of flexible printed circuit boards and related component assemblies for the electronics industry. The company offers integrated flexible printed circuits and component assembly solutions, such as design and application engineering, prototyping, high-volume fabrication, component assembly, and testing. It serves original equipment manufacturer and electronic manufacturing service providers in various sectors of the electronics industry, such as mobile phones and smart phones, tablets, consumer products, portable bar code scanners, computer/data storage, and medical devices. The company operates in the United States, China, Singapore, Malaysia, and the United Kingdom. Multi-Fineline Electronix, Inc. was founded in 1984 and is headquartered in Anaheim, California. Multi-Fineline Electronix, Inc. is a subsidiary of WBL Corporation Limited.
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 Multi-Fineline Electronix (Nasdaq: MFLX ) , whose recent revenue and earnings are plotted below.
Hot Net Payout Yield Companies To Watch In Right Now: Osiris Therapeutics Inc.(OSIR)
Osiris Therapeutics, Inc., a stem cell company, focuses on the development and marketing of therapeutic products to treat various medical conditions in the inflammatory, autoimmune, orthopedic, and cardiovascular areas. It operates in two business segments, Therapeutics and Biosurgery. The Therapeutics segment focuses on developing biologic stem cell drug candidates from a readily available and non-controversial source, adult bone marrow. The Biosurgery segment works to harness the ability of cells and novel constructs to promote the body's natural healing. This segment focuses on developing biologic products for use in surgical procedures. The company?s lead biologic drug candidate is Prochymal, which is in phase 2 and 3 clinical trails for various indications, including acute graft versus host disease (GvHD), Crohn's disease, acute myocardial infarction, type 1 diabetes, pulmonary disease, and gastrointestinal injury resulting from radiation exposure. Its biologic drug candidates also include Chondrogen, a preparation of adult mesenchymal stem cells that is in phase 2 clinical trials for osteoarthritis and cartilage protection. The company has collaboration agreements with Genzyme Corporation for the development and commercialization of Prochymal and Chondrogen in various countries except in the United States and Canada. It also has a partnership with Juvenile Diabetes Research Foundation for the development of Prochymal as a treatment for the preservation of insulin production in patients with newly diagnosed type 1 diabetes mellitus. Osiris Therapeutics, Inc. was founded in 1992 and is headquartered in Columbia, Maryland.
Advisors' Opinion:- [By Lauren Pollock]
Osiris Therapeutics Inc.(OSIR) said Friday a proposed ruling from the Centers for Medicare and Medicaid Services won’t immediately affect reimbursements for its Grafix stem-cell product. The regenerative medicine company said Grafix will maintain its current reimbursement status — also called transitional pass-through status — potentially through late 2015.
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