Why the Upgrade?
Fox Chase Bancorp has been witnessing rising earnings estimates following the announcement of strong first-quarter 2013 results. Moreover, this regional bank delivered positive earnings surprises in 3 of the last 4 quarters with an average beat of 25.9%.
Further, Fox Chase Bancorp is scheduled to announce second-quarter results on Jul 18. The Zacks Consensus Estimate for the quarter is pegged at 11 cents per share. Moreover, the Zacks Consensus Estimate for 2013 advanced 7.0% to 46 cents over the last 90 days. Over the same time period, the Zacks Consensus Estimate for 2014 moved up by a penny to 42 cents per share.
Fox Chase Bancorp reported first-quarter 2013 results on Apr 24. Earnings per share beat the Zacks Consensus Estimate by a nickel and the year-ago earnings by 60%. Results benefited from higher fee income, partially offset by a rise in expenses and a drop in net interest income. Additionally, Fox Chase Bancorp saw strong capital and profitability ratios.
10 Best Logistics Stocks To Watch For 2016: ITC Holdings Corp. (ITC)
ITC Holdings Corp., through its subsidiaries, engages in the transmission of electricity in the United States. The company operates as conduits, allowing for power from generators to be transmitted to local distribution systems either entirely through its own systems or in conjunction with neighboring transmission systems. Its operations include asset planning; engineering, design, and construction; maintenance; and real time operations. ITC Holdings serves investor-owned utilities, municipalities, cooperatives, power marketers, and alternative energy suppliers. The company was founded in 2001 and is based in Novi, Michigan.
Advisors' Opinion:- [By Rich Duprey]
Electricity transmission company�ITC Holdings (NYSE: ITC ) announced today its third-quarter dividend of $0.425 per share, a 13% increase in the payout made to investors last quarter of $0.3775�per share.
- [By Ben Levisohn]
Now don’t misunderstand. Gordon isn’t telling investors to avoid all regulated utilities. He has some favorites, including American Electric Power (AEP), Dominion Resources (D), ITC Holdings (ITC), Pinnacle West Capital (PNW) and Westar Energy (WR).
- [By Richard Stavros]
In fact, investment opportunities in this niche could soon be on the rise. Several utilities have been considering creating standalone transmission companies this year, including Xcel Energy Inc (NYSE: XEL). But whether it’s a standalone company or the sale of transmission assets to a transmission company, regulatory approval will still be key. For instance, regulators declined Entergy Corp’s (NYSE: ETR) sale of its transmission assets to transmission company ITC Holdings Corp (NYSE: ITC) in 2013.
- [By Rajhkumar K Shaaw]
India�� S&P BSE Sensex declined for a third week as concerns the rupee will weaken further offset bullish recommendations from CLSA Asia-Pacific Markets and Credit Suisse Group AG. Tata Motors Ltd. (TTMT) slid 2.4 percent, while Cigarette maker ITC Ltd. (ITC) dropped to the lowest in 11 weeks.
10 Best Consumer Service Stocks To Watch Right Now: Insignia Systems Inc.(ISIG)
Insignia Systems, Inc. markets in-store advertising products, programs, and services to consumer packaged goods manufacturers and retailers in the United States and internationally. The company focuses on providing in-store services through the Insignia Point-Of-Purchase Services (POPS) in-store advertising program. Its Insignia POPSign program is a national account-specific in-store shelf-edge advertising program, which allows manufacturers to deliver vital product information to consumers at the point-of-purchase together with each retailer?s store-specific prices. The company also offers Stylus software, which allows retailers to create signs, labels, and posters by manually entering the information or by importing information from a database; and laser printable cardstock and vinyl labels, including adhesive and non-adhesive supplies in various colors, sizes, and weights to retailers for their in-store signage and shelf-edge product information needs. The company dire ctly markets its Insignia POPSign program to food and drug manufacturers and retailers; and markets its Stylus software through resellers. Insignia Systems, Inc. was founded in 1990 and is based in Minneapolis, Minnesota.
Advisors' Opinion:- [By CRWE]
MINNEAPOLIS- October 26, 2013 -(CRWE Press Release) -Insignia Systems, Inc. (NASDAQ:ISIG) announced that it intends to hold a conference call on Wednesday, October 30 at 4:00 PM Central Time to discuss the Company’s financial performance for the third quarter of 2013, which will be released Wednesday, October 30 at 3:05 PM Central Time.
Participants may access the live call by dialing the toll-free number 877-268-1608 and provide Conference ID 98094181. Please be sure to call in about 5-10 minutes before the call is scheduled to begin. Audio replay will be available approximately two hours after the call until November 6, 2013 by dialing 855-859-2056 and referencing Conference ID 98094181. The audio recording will also be archived on the Company�� website approximately two days after the call until November 30, 2013. Financial information to be provided in the conference call, as well as information pertaining to the Company�� past financial performance, may be accessed on the Investor Relations page of the Company�� website at www.insigniasystems.com.
Insignia Systems, Inc. is a developer and marketer of in-store media solutions, programs and services to retailers and consumer goods manufacturers. Through its Point-Of-Purchase Services (POPS) business, Insignia inspires shoppers and delivers value by providing at-shelf advertising solutions in over 13,000 chain retail supermarkets, over 1,700 mass merchants and 7,000 dollar stores. Through the nationwide POPS network, over 200 major consumer goods manufacturers, including Armour-Eckrich, General Mills, Hormel, Kellogg Company and Nestl茅, have taken their brand messages to the point-of-purchase. For additional information, contact (888) 474-7677, or visit the Insignia website at www.insigniasystems.com.
Contact
10 Best Consumer Service Stocks To Watch Right Now: Thales SA (HO)
Thales SA is a France-based provider of integrated solutions and equipment of security systems primarily to the aerospace and defense markets. The Company operates in numerous countries through its divisions, including Aerospace, specialized in onboard equipment, electronics and systems for the civil and military markets; Space, offering solutions combining space and terrestrial technologies; Defence, which designs and delivers systems for all four environments: air, land, sea and space; Security, which offer the emergence of new types of threats from terrorism and organized crime to drug trafficking, mass immigration and cyber attacks; and Transportation, which offers a range of railways signaling solutions and integrated transportation systems, to ensure safe and secure transportation of operators, freight and passengers. In November 2013, it acquired XPI Simulation Ltd. In February 2014, it created a new business line called Critical Information Systems and Cybersecurity. Advisors' Opinion:- [By USATODAY 8 a.m. EST February 15]
Alex Pettyfer about to take the wheel of the Maserati Gran Turismo for a joyride with co-star Dayo Okeniyi.(Photo: HO)
Pettyfer and Okeniyi's character end up joyriding in the car along with Gabriella Wilde, who plays the rich girl falling in love with Pettyfer.
10 Best Consumer Service Stocks To Watch Right Now: Methode Electronics Inc (MEI)
Methode Electronics, Inc., incorporated on April 27, 1966, is a manufacturer of component and subsystem devices with manufacturing, designs and testing facilities in China, Egypt, Germany, India, Lebanon, Malta, Mexico, the Philippines, Singapore, Switzerland, the United Kingdom and the United States. The Company operates in four segments: automotive, interconnect, power products, and other. The Company designs, manufactures and markets devices employing electrical, radio remote controls, electronic, wireless and sensing technologies. The Company's components are found in the primary end markets of the aerospace, appliance, automotive, construction, consumer and industrial equipment, communications, including information processing and storage, networking equipment, wireless and terrestrial voice/data systems, rail and other transportation industries.
Automotive
The Company�� automotive segment supplies electronic and electro-mechanical devices and related products to automobile original equipment manufacturers, (OEMs), either directly or through their tiered suppliers. The Company's products include control switches for electrical power and signals, connectors for electrical devices, integrated control components, switches and sensors that monitor the operation or status of a component or system, and packaging of electrical components.
Interconnect
The interconnect segment provides a variety of copper and fiber-optic interconnect and interface solutions for the aerospace, appliance, commercial, computer, construction, consumer, material handling, medical, military, mining, networking, storage, and telecommunications markets. Solutions include conductive polymers, connectors, custom cable assemblies, industrial safety radio remote controls, optical and copper transceivers, personal computer and express card packaging and terminators, solid-state field effect interface panels, and thick film inks. Services include the design and installation of f! iber optic and copper infrastructure systems, and manufacturing active and passive optical components.
Power products
The power products segment manufactures braided flexible cables, current-carrying laminated bus devices, custom power-product assemblies, high-current low voltage flexible power cabling systems and powder coated bus bars that are used in various markets and applications, including aerospace, computers, industrial and power conversion, inverters and battery systems, insulated gate bipolar transistor solutions, military, telecommunications, and transportation.
Other
The other segment includes a designer and manufacturer of magnetic torque sensing products, and independent laboratories that provide services for qualification testing and certification, and analysis of electronic and optical components.
Advisors' Opinion:- [By Ben Levisohn]
Methode Electronics (MEI) has gained 33% to 23.43 today after the company reported better revenue and profit numbers than even the most positive analyst had expected. It also raised its guidance well above previously announced levels.
AFP/Getty ImagesThe component maker reported a profit of 36 cents a share, above forecasts for 21 cents, and sales of $167.3� million dollars, beating forecasts for $148.5 million. It also said that it expected full-year earnings to fall in a range of $1.40 to $1.60, well above analyst forecasts for $1.05.
Baird’s David Leiker and Joseph Vruwink call it a “breakout quarter.” They write:
Upside across all segments and all line items with 41% revenue surge coming in 10% above expectations. One-half of the beat from revenue with balance split among gross margin, SGA and lower tax rate. Launches going very well, continuing the performance seen in April quarter.
Automotive results accounted for two-thirds of the upside at the pre-tax line. The upside was spread between stronger revenues ($0.03), gross profits ($0.03) and expense control ($0.02). While North American sales improved 86% on the K2XX launch (we assumed 56% growth), international revenues also contributed favorably with 26% growth in Europe (new business and Ford�� (F) recovery) and 22% growth in Asia.
Competitor AVX Corp. (AVX) has gained 1.1% to $12.96, while Molex (MOLX) has dropped 0.2% to $29.28 and Amphenol (APH) has ticked up 0.3% to $76.32.
- [By gurujx]
Methode Electronics Inc. (MEI): CFO Douglas A. Koman Sold 60,000 Shares
CFO�Douglas A. Koman�sold 60,000 shares of MEI stock on 12/31/2013 at the average price of $34.13. Douglas A. Koman owns at least 203,418 shares after this. The price of the stock has increased by 3.34% since.
10 Best Consumer Service Stocks To Watch Right Now: Verizon Communications Inc.(VZ)
Verizon Communications Inc. provides communication services. The company operates through two segments, Domestic Wireless and Wireline. The Domestic Wireless segment offers wireless voice and data services; and sells equipment in the United States. The Wireline segment provides voice, Internet access, broadband video and data, Internet protocol network, network access, long distance, and other services in the United States and internationally. The company serves consumer, business, and government customers, as well as carriers. As of December 31, 2010, its network covered a population of approximately 292 million and provided service to a customer base of approximately 94.1 million. The company was formerly known as Bell Atlantic Corporation and changed its name to Verizon Communications Inc. in June 2000. Verizon Communications Inc. was founded in 1983 and is based in New York, New York.
Advisors' Opinion:- [By Evan Niu, CFA]
For example, Verizon (NYSE: VZ ) Wireless charges a $350 early termination fee for smartphones (which declines $10 per month satisfied). Theoretically, a consumer could buy a subsidized iPhone for $200, immediately cancel service, and pay the fee for a total device cost of $550. That's less than the $650 retail price that Apple charges, as well as the $580 total required to pay off a T-Mobile iPhone. Interestingly enough, Verizon launched its own installment plans shortly after T-Mobile.
- [By Adam Levy]
But "TV Everywhere" that fulfills its promise could become a reality in the near future, thanks to several companies working with content owners to provide Internet-delivered television. Sony (NYSE: SNE ) plans to launch its service by the end of the year, and Verizon (NYSE: VZ ) is aiming for mid-2015. Dish Network (NASDAQ: DISH ) already has at least one content deal in the works, and rival DirecTV (NASDAQ: DTV ) isn't far behind. Internet-delivered television could finally deliver on the promise of TV Everywhere.
- [By Charles Santerre]
As far as carrier support is concerned, it is increasing, at least in the US, as Verizon (VZ) added the Lumia 928 to its portfolio after having sales success with the 822. T-Mobile (TMUS) has also added the Lumia 925, after selling out numerous times with the 521. The International Business Times has proclaimed that a Windows Phone will appear on Sprint in early 2014, without confirmation on the choice of manufacture, although it predicts it will be from HTC.
- [By Dan Caplinger]
Verizon (NYSE: VZ ) is scheduled to release its quarterly earnings report tomorrow, and the telecom giant has managed to put together the No. 1 wireless carrier in the nation. Yet despite the fact that Verizon's earnings have soared along with the popularity of smartphones and wireless-network use, the company faces a big question: where to get the growth it needs to move on to the next phase of its development.
10 Best Consumer Service Stocks To Watch Right Now: Intercept Pharmaceuticals Inc (ICPT)
Intercept Pharmaceuticals, Inc., incorporated on September 4, 2002, is a biopharmaceutical company focused on the development and commercialization of therapeutics to treat chronic liver diseases utilizing its bile acid chemistry.The Company�� product candidates treat orphan and more prevalent liver diseases for which there are limited therapeutic solutions. The Company�� product candidate, obeticholic acid, or OCA, is a bile acid analog, a chemical substance that has a structure based on a naturally occurring human bile acid. It is developing OCA initially for primary biliary cirrhosis, or PBC, as a second line treatment for patients who have an inadequate response to or who are unable to tolerate standard of care therapy and therefore need additional treatment. The Company is conducting a Phase 3 clinical trial of OCA in PBC, which it calls the POISE trial, that serves as the basis for seeking regulatory approval in the United States and Europe. As of December 19, 2012, the Company completed enrollment of the POISE trial with 217 patients.
The Company�� clinical focus is on the development of OCA, orally administered, first-in-class FXR agonist that has broad liver-protective properties and may a variety of chronic insults to the liver that cause fibrosis, which can eventually lead to cirrhosis, liver transplant and death. The Company owns worldwide rights to OCA outside of Japan and China, where it has licensed the compound to Dainippon Sumitomo Pharma, or DSP, and granted it an option to license OCA in certain other Asian countries.The Company is sponsoring an independent study involving more than ten leading PBC centers in North America and Europe, or collectively the Global PBC Study Group, that are pooling their long-term patient data to evaluate the relationship between biochemical and clinical endpoints.
The Company competes with Eli Lilly, Exelixis, Inc., Phenex Pharmaceuticals AG, , Johnson & Johnson, NovImmune SA, Dr. Falk Pharma GmbH, Galmed Medical Researc! h Ltd., Immuron Ltd., Mochida Pharmaceutical Co., Ltd., NasVax Ltd. , Raptor Pharmaceutical Corp. Astellas Pharma US, Inc., AstraZeneca, Salix Pharmaceuticals, Inc. and Tioga Pharmaceuticals, Inc.
Advisors' Opinion:- [By Ben Levisohn]
It’s always exciting when a stock quadruples in value, as Intercept Pharmaceuticals (ICPT) has this year. But are investors too excited? FBR’s Andrew Berens and Thomas Smith think they are:
Steve RemichWe are initiating coverage of Intercept Pharmaceuticals, Inc. with an Underperform rating and a 12-month price target of $172 per share. We believe investors are much too optimistic about the accessibility of the nonalcoholic steatohepatitis (NASH) market and the regulatory pathway to commercialization. We agree that NASH is a highly prevalent disease globally but see this potential market as facing significant challenges before it can be accessed. We think payors are unlikely to embrace intervention for NASH, especially given the anticipated hepatitis C (HCV) burden on the system. NASH would be competing with HCV for payor dollars and provider access, as both diseases are treated by hepatologists.
Furthermore, unlike HCV, which is cured after one course of treatment, NASH is likely to require chronic therapy. NASH is also a relatively unrecognized disease with no treatment paradigms, necessitating building the market. Despite compelling efficacy, we do not think the FDA is likely to approve obeticholic acid (OCA) without an adequate safety database, making an accelerated approval unlikely in the time frame expected by investors. The co-morbidities in this patient population are too significant, and the lipid changes with OCA are concerning, especially in light of the reported cardiovascular events disclosed in the top-line FLINT data release.
Shares of Intercept Pharmaceuticals have dropped 3.2% to $286.78 at 2:40 p.m. today.
- [By Jake L'Ecuyer]
Equities Trading UP
Shares of Intercept Pharmaceuticals (NASDAQ: ICPT) got a boost, shooting up 289.85 percent to $282.21 after the company reported that the FLINT trial of obeticholic acid has been stopped early and the NASH primary endpoint has been met. - [By Ben Levisohn]
Sure Intercept Pharmaceuticals (ICPT) might feel like the only biotech stock that matters today, but there are others. For instance, Incyte (INCY) and� BioMarin (BMRN) are on the move after Barclays changed its ratings on the pair.
REUTERSBut before getting into that, let’s talk about Barclays’ Ying Huang and team’s thoughts on the sector. Would you believe they echo those of Goldman Sachs in its downgrade of the sector earlier this week (and just about everyone else) by calling this a stock picker’s market?
Huang explains:
Biotech should continue to outperform in 2014, but may be a more stock-specific year: We believe biotech as a group will continue to outperform the broad market in 2014 but do not expect a repeat of 2013. In 2013, the Nasdaq Biotech Index outperformed the S&P 500 by a large margin (+65.6% vs. S&P +29.6%), driven by a combination of generalist investor interest, hunt for growth opportunities, healthy long-term outlook for the industry, and an accommodative FDA. While we expect trends to remain strong in the overall industry and for biotech to outperform the broader market in 2014, it will likely be more muted, with fewer meaningful catalysts and as investors favor larger companies with less downside risk.
Huang too falls back on the PEG ratio–Price/Earnings to Growth–while explaining away the sectors P/E of 31.4, which dwarfs the 18 P/E in U.S. pharmaceuticals. “Looking at PEG ratios, which we view as a more appropriate metric given the growth profile of biotech companies, the group has traded at a reasonable and stable 1.0x for the past decade,” Huang says.
As for Incyte and BioMarin, Huang explains why he’s bullish on the former, bearish on the latter:
After taking a closer look at [Incyte's] pipeline assets, we are increasingly bullish on its proprietary JAK1 inhibitor INCB39110 and its IDO inhibitor INCB024360 and have increased ou
- [By Hilary Kramer]
InterMune is a $2.9 billion market cap company focused on developing drugs for pulmonology and orphan-status fibrotic diseases. Much like former GameChanger winner Intercept Pharmaceuticals (ICPT), ITMN develops drugs to treat a rare disease, which means that it targets a small domestic or global population.
10 Best Consumer Service Stocks To Watch Right Now: Essex Rental Corp (ESSX)
Essex Rental Corp., incorporated on August 21, 2006, through its subsidiaries, is engaged in providing of lifting equipment (including lattice-boom crawler cranes, truck cranes and rough terrain cranes, tower cranes, and other lifting equipment) used in an array of construction projects. In addition, it provides product support including installation, maintenance, repair, and parts and services for its equipment provided to customers and customer owned equipment. It operates in three segments: equipment rentals, equipment distribution, and parts and service. Its subsidiaries wholly owned subsidiaries include Essex Holdings, LLC (Holdings), Essex Crane Rental Corp. (Essex Crane), Essex Finance Corp. (Essex Finance), CC Acquisition Holding Corp. (CC Acquisition), Coast Crane Company, (Coast Crane) and Coast Crane Ltd. (Coast Crane Ltd.).
The Company supply a variety of lifting solutions for construction projects related to power generation, petro-chemical, refineries, water treatment and purification, bridges, highways, hospitals, shipbuilding, offshore oil fabrication and industrial plants, and commercial and residential construction. It rent its equipment bare, meaning without supplying an operator and, in exchange for a fee, make arrangements for the transportation and delivery of equipment.
Essex Crane is a provider of lattice-boom crawler crane and attachment rental services and possesses fleets of such equipment in the United States. As of December 31, 2011, Essex Crane�� fleet size stands at more than 350 lattice-boom crawler cranes and various types of attachments, which are made available to clients depending on their lifting requirements, such as weight, pick and carry aspects, reach and angle of reach.
Coast Crane is a provider for lifting solutions throughout Western North America, Alaska, Hawaii, Guam and the South Pacific. Through Coast Crane, it provides both used and new towers cranes, boom trucks, rough terrain cranes and other lifting equipment ! to customers in the infrastructure, energy, crane rigger/operator, and municipal, commercial and industrial construction sectors. Coast Crane�� operations are headquartered in Seattle, Washington and its products are rented and sold through a regional network including 11 branch locations. In addition to providing crane rental services, Coast Crane is a crane distributor of self-erecting tower cranes, rough terrain cranes, boom trucks and all terrain cranes in its West Coast territories.
Equipment Rental
The Company offer for rent crawler cranes and attachments, rough terrain cranes, boom trucks, tower cranes, and other construction related rental equipment. It also offer transportation, rigging and repair and maintenance services while equipment is on rent. It rent its fleet of over 1,000 cranes and attachments and other lifting equipment to a variety of engineering and construction customers under contracts, most of which have rental periods of between 4 and 18 months. The contracts typically provide for an agreed rental rate and a specified rental period. Transportation services revenue is derived from the management of the logistics process by which its rental equipment is transported to and from customers��construction sites, including the contracting of third party trucking for such transportation.
Equipment Distribution
The Company offers a variety of construction equipment products for sale, including tower cranes, boom trucks, rough terrain cranes and other lifting equipment used in the construction industry. The revenue from retail equipment sales is primarily driven by the level of construction activity in a particular geographic region.
Parts and Service
The Company is a parts distributor for various lifting equipment manufacturers and routinely sells parts to its customers in the construction industry. It also provides repairs and maintenance services for customers that own their own equipment and request its ! services ! at one of its service center locations. Its customers for these ancillary services are its rental customers, customers that own their own equipment and those who purchase new and used equipment from it.
The Company competes with ALL Erection & Crane Rental, Bigge Crane and Rigging, Co., Lampson International, Maxim Crane Works, M.D., Morrow Equipment Rental, Western Pacific Crane and Equipment and AmQuip Crane Corp.
Advisors' Opinion:- [By Monica Gerson]
Essex Rental (NASDAQ: ESSX) is projected to post a Q4 loss at $0.10 per share on revenue of $22.55 million.
Posted-In: Earnings scheduleEarnings News Pre-Market Outlook Markets
- [By Peter Graham]
The Q2 2014 earnings report for equipment rental stock United Rentals, Inc (NYSE: URI), a peer or competitor of Essex Rental Corp (NASDAQ: ESSX) and H&E Equipment Services, Inc (NASDAQ: HEES), is scheduled for after the market closes on Wednesday. Aside from the United Rentals earnings report, it should be said that the Essex Rental Corp reported Q4 2013 earnings on May 7th while the estimated release date for the H&E Equipment Services, Inc Q2 2014 earnings report is August 4th. However, United Rentals��shares rose after its last earnings report plus analysts have issued bullish research notes since then.
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