After treading water yesterday, U.S. stocks have resumed the week's rally this morning, with the S&P 500 (SNPINDEX: ^GSPC ) and the narrower, price-weighted Dow Jones Industrial Average (DJINDICES: ^DJI ) up .5% and .3%, respectively, at 10:15 a.m. EDT.
Targeting "too big to fail"
As the details of a new bill that has megabanks in its crosshairs emerges, lawmakers have already exceeded my expectations regarding how far they are willing to go to tackle the problem of too-big-to-fail banks. Unfortunately, that's largely a reflection of how low my expectations were, as the banking lobby wields excessive influence on Capital Hill. Still, the new bill is cause for hope.
Last month, I highlighted the fact that the U.S. Attorney General's admission that financial stability concerns acted as a deterrent to prosecuting megabanks had provided a fresh impetus on the Hill to tackle "too big to fail." Now, Sherrod Brown (D-OH) and David Vitter (R-LA) are sponsoring a bill that would require institutions with over $500 billion in total assets to hold capital equal to at least 15% of their assets. Dow components Bank of America (NYSE: BAC ) and JPMorgan Chase (NYSE: JPM ) , as well as Citigroup (NYSE: C ) , fall in the category.
Top Dividend Stocks To Buy For 2015: Gladstone Commercial Corporation(GOOD)
Gladstone Commercial Corporation operates as a real estate investment trust (REIT) in the United States. It engages in investing in and owning net leased industrial and commercial real properties, and making long-term industrial and commercial mortgage loans. The company leases its real estate properties to small businesses, as well as to large public companies. As of December 31, 2009, it owned 64 properties, and held 1 mortgage loan. The company qualifies as a REIT under the Internal Revenue Code of 1986. As a REIT, it would not be subject to federal tax to the extent that it distributes at least 90% of its taxable income to its shareholders. The company was founded in 2003 and is based in McLean, Virginia.
Advisors' Opinion:- [By GURUFOCUS]
Gladstone Commercial Corporation (GOOD) operates as a real estate investment trust (REIT) in the United States.Yield: 7.9%
Main Street Capital Corporation (MAIN) is a business development company specializing in long- term equity, equity related, and debt investments in small and lower middle market companies. Yield: 6.3%
10 Best Gas Utility Stocks To Invest In 2014: Avago Technologies Limited(AVGO)
Avago Technologies Limited engages in the design, development, and supply of analog semiconductor devices with a focus on III-V based products. Its product portfolio comprises RF amplifiers, RF filters, RF front-end modules, ambient light sensors, light emitting diodes, low noise amplifiers, mm-wave mixers, optical finger navigation products, diodes, fiber optic transceivers, serializer/deserializer ASICs, motion control encoders and subsystems, optocouplers, and optical mouse sensors. The company?s products are used in cellular phones, consumer appliances, data networking and telecommunications equipment, enterprise storage and servers, renewable energy and smart power grid, factory automation, displays, optical mice, printers, voice and data communications, keypad and display backlighting, backlighting control, base stations, storage area networking, in-car infotainment, lighting, motor controls, power supplies, and optical disk drives applications. It markets its produ cts through a network of distributors and its direct sales force worldwide. The company sells approximately 6,500 products to original equipment manufacturers of wireless communications, wired infrastructure, industrial and automotive electronics, and consumer and computing peripherals markets. Avago Technologies Limited was founded in 2005 and is based in Singapore.
Advisors' Opinion:- [By Jonas Elmerraji]
Avago Technologies (AVGO) is another name that's starting to show signs of a top after rallying hard in the last year. Avago has actually doubled since last May, making the $16 billion name one of the best performers in the semiconductor space over that stretch of time. But a double-top setup in AVGO is drawing the line in the sand for downside risk.
Avago's double-top pattern looks just like it sounds: The bearish reversal pattern is formed by two swing highs that top out around the same price level. The sell signal comes on a breakdown below the intermediate low at $58. Like CMC, this is a conditional sell. Until shares fall through that price floor at $58, there isn't a signal here.
Why the significance at $58? Whenever you're looking at any technical price pattern, it's critical to keep buyers and sellers in mind. Shapes like double tops are a good way to quickly describe what's going on in a stock, but they're not the reason it's tradable. Instead, it all comes down to supply and demand for shares.
That horizontal $58 support level in AVGO is the spot where there's previously been an excess of demand for shares; in other words, it's a price where buyers have been more eager to step in and buy shares at a lower price than sellers were to sell. That's what makes a breakdown below support so significant -- the move means that sellers are finally strong enough to absorb all of the excess demand at the at price level. So, if $58 gets taken out, you'll want to join sellers in unloading (or shorting) shares.
- [By Paul Ausick]
Avago Technologies Ltd. (NASDAQ: AVGO) has a Sterne Agee price target of $65.00 and closed on Friday at $51.65 in a 52-week range of $30.57 to $54.54. The upside potential is 25.8%. The Thomson Reuters consensus estimate for fiscal 2014 earnings per share (EPS) is $3.34 and the 2015 EPS estimate is $3.81. The 2015 price-to-earnings (P/E) ratio works out to 13.56, and Sterne Agee sees a “secular tailwind” for the stock from a variety of drivers. The stock was trading down about 5% in premarket trading Monday morning.
- [By Lee Jackson]
Avago Technologies Ltd. (NASDAQ: AVGO) has entered into a definitive agreement to acquire LSI for $6.6 billion in cash. LSI shareholders will receive a cash payment of $11.15 for each LSI share. The strategic move was aimed to diversify Avago’s existing business line from wired infrastructure, wireless and industrial businesses to the storage chip market to boost revenues in the face of industry consolidation and challenging macroeconomic conditions. Investors are paid a 1.9% dividend. Merrill Lynch has a $60 price target, the same as the consensus target. Avago closed Thursday at $51.44.
- [By Dan Caplinger]
On Wednesday, Avago Technologies (NASDAQ: AVGO ) will release its latest quarterly results. Although the stock has largely treaded water over the past year, investors are concerned about troubling sales trends and their potential impact on the company's future.
10 Best Gas Utility Stocks To Invest In 2014: Abby Inc (ABBY)
Abby, Inc., incorporated on December 11, 2000, is an exploration-stage company. The Company is in the business of natural gas exploration. On September 17, 2010, the Company acquired the Westrose property gas concession option from Mitchel Vestco Inc. As of November 30, 2010, the Company had completed Phase One of its exploration program. As of November 30, 2010, it had not generated any revenues.
The Westrose Property
The Westrose property is located in Alberta, Canada. The property consists of 640 acres. As of August 22, 2011, the Company had not commenced any exploration or work on the concession.
Advisors' Opinion:- [By Peter Graham]
Last Friday, small cap stocks Cambridge Heart, Inc (OTCMKTS: CAMH), Abby Inc (OTCMKTS: ABBY) and Grillit Inc (OTCMKTS: GRLT) surged 176.92%, 71.2% and 24.07%, respectively. Of course, that was last week and today is a new trading week. So what should investors and traders alike be prepared for this week with these three small caps? Here is a closer look to help you decide on an investing or trading strategy:
10 Best Gas Utility Stocks To Invest In 2014: Avanir Pharmaceuticals Inc(AVNR)
Avanir Pharmaceuticals, Inc., together with its subsidiaries, engages in acquiring, developing, and commercializing novel therapeutic products for the treatment of central nervous system disorders primarily in the United States. The company primarily offers NUEDEXTA, a unique proprietary combination of dextromethorphan and low-dose quinidine for the treatment of pseudobulbar affect. Its product line also comprises AVP-923 in Phase II clinical trial for the treatment of central neuropathic pain in patients with multiple sclerosis; and in Phase III trial for the treatment of patients with diabetic peripheral neuropathic pain. In addition, the company provides Docosanol 10% cream, an over-the-counter product for cold sores treatment. Avanir Pharmaceuticals, Inc. was founded in 1988 and is headquartered in Aliso Viejo, California.
Advisors' Opinion:- [By Roberto Pedone]
Avanir Pharmaceuticals (AVNR) is a pharmaceutical company focused on acquiring, developing and commercializing novel therapeutic products for the treatment of central nervous system disorders. This stock closed up 1.3% to $4.52 in Tuesday's trading session.
Tuesday's Range: $4.38-$4.59
52-Week Range: $2.34-$6.00
Tuesday's Volume: 1.41 million
Three-Month Average Volume: 2.76 millionFrom a technical perspective, AVNR bounced modestly higher here right off its 50-day moving average of $4.42 with lighter-than-average volume. This move is starting to push shares of AVNR within range of triggering a big breakout trade. That trade will hit if AVNR manages to take out some near-term overhead resistance levels at $4.71 to $5.07 with high volume.
Traders should now look for long-biased trades in AVNR as long as it's trending above some near-term support at $4.20 and then once it sustains a move or close above those breakout levels with volume that hits near or above 2.76 million shares. If that breakout hits soon, then AVNR will set up to re-test or possibly take out its 52-week high at $6.
- [By Lauren Pollock]
Among the companies with shares expected to actively trade in Wednesday’s session are Joy Global Inc.(JOY), Costco Wholesale Corp.(COST) and Avanir Pharmaceuticals Inc.(AVNR)
- [By Motley Fool Staff]
Todd Campbell: Avanir (NASDAQ: AVNR ) already sells one commercial drug, Nuedexta, but it hopes to win FDA approval for a second treatment on Nov. 26, when the FDA is slated to issue its decision on AVP-825 as a treatment for migraines.
- [By Bryan Murphy]
This is NOT a judgment call on the drug. This isn't a judgment call on the company either. This is a judgment call on how emotional and distracted traders can get from time to time, and we only have to look at Antares Pharma Inc. (NASDAQ:ATRS), Avanir Pharmaceuticals Inc. (NASDAQ:AVNR), and VIVUS, Inc. (NASDAQ:VVUS) to see how drinking the proverbial Kool-Aid ultimately punished anyone who bought rather than sold ATRS, VVUS, and AVNR right when the news seemed to incredibly encouraging.
10 Best Gas Utility Stocks To Invest In 2014: Brainstorm Cell Therapuetics Inc (BCLI)
Brainstorm Cell Therapeutics Inc. (Brainstorm), incorporated on November 15, 2006, is a biotechnology company developing adult stem cell therapies for debilitating neurodegenerative disorders, such as Amyotrophic Lateral Sclerosis (ALS, also known as Lou Gehrig's disease), Multiple Sclerosis (MS), and Parkinson�� disease (PD). These diseases have limited treatment options and as such represent unmet medical needs. The Company�� NurOwn technology is based on a differentiation protocol, which induces differentiation of the bone marrow-derived mesenchymal stem cells into neuron-supporting cells, MSC-NTF cells, capable of releasing several neurotrophic factors, including Glial-derived neurotrophic factor (GDNF) and Brain-derived neurotrophic factor (BDNF), Vascular endothelial growth factor (VEGF) and Hepatocyte growth factor (HGF), which are critical for the growth, survival and differentiation of developing neurons.
The Company�� approach to treatment of neurodegenerative diseases with autologous adult stem cells includes a multi-step process beginning with harvesting of undifferentiated stem cells from the patient's own bone marrow, and concluding with transplantation of differentiated, neurotrophic factor-secreting mesenchymal stem cells (MSC-NTF) into the same patient-intrathecally and/or intramuscularly. Intrathecal (injection into the cerebrospinal fluid) transplantation consists of injection with a standard lumbar puncture; there is no need for a laminectomy -an invasive, orthopedic spine operation to remove a portion of the vertebral bone, as required by other technologies. Intramuscular (injection directly into muscle) transplantation is performed via a standard injection procedure as well. Its production process for induction of differentiation of human bone marrow derived mesenchymal stem cells into differentiated cells that produce NTF (MSC-NTF) for clinical use is conducted in full compliance with current Good Manufacturing Practice (cGMP).
Advisors' Opinion:- [By John Udovich]
Small cap ALS and stem cell stock�Brainstorm Cell Therapeutics Inc (NASDAQ: BCLI) surged 22.68%�ahead if its Monday ice bucket challenge when they will release the final results from�a phase 2a clinical trial���meaning its worth taking a closer look at the stock along with the performance of stem cell stocks or ALS stocks like Cytokinetics, Inc (NASDAQ: CYTK), Neuralstem, Inc (NYSEMKT: CUR) and NeoStem Inc (NASDAQ: NBS). However, Brainstorm Cell Therapeutics does have a history of being the subject of paid promotions and/or investor relations activities when it was trading on the OTC.
10 Best Gas Utility Stocks To Invest In 2014: Softbank Corp (SFTBF)
SOFTBANK CORP. is a Japan-based company that provides digital information services. The Company has six business segments. The Mobile Communication segment provides cellular phone services and sells attached cellular phone terminals. The Broadband and Infrastructure segment provides high-speed Internet access services, Internet protocol (IP) phone service, and contents. The Fixed Communication segment provides transmission services for audio and data, as well as exclusive line and data center services. The Internet Culture segment is engaged in the Internet advertising, broadband portal and auction businesses. The Electronic Commerce (E-Commerce) segment sells personal computers (PCs), peripheral devices and software for PC use, as well as provides business-to-business and business-to-customer e-commerce services. The Others segment is involved in the broadcasting media, technology service, media marketing and overseas fund businesses.
Advisors' Opinion:- [By MARKETWATCH]
LOS ANGELES (MarketWatch) -- Japanese stocks inched downward Wednesday, with action quiet as most other Asian markets were closed for the Christmas holiday. The Nikkei Stock Average (JP:NIK) eased 0.1% to 15,874.40, with the Topix 0.2% lower, failing to get a bump from gains in Wall Street's abbreviated session Tuesday. Shares of Softbank Corp. (JP:9984) (SFTBF) slipped 0.3%, showing little reaction to an article in the Nikkei Asian Review saying that previously reported plans by the firm to buy T-Mobile US Inc. (TMUS) through its newly acquired Sprint (S) unit would value the transaction at more than 2 trillion yen ($19 billion) and would take place as early as next spring. Seven & I Holdings Co. (JP:3382) (SVNDF) , operators of the 7-Eleven convenience-store chain, rose 0.5% as a separate Nikkei report said it planned to pay about 楼5 billion yen to purchase nearly half of Bals, which runs home-and-kitchen-furnishings retailer Francfranc. On the upside, Renesas Electronics Corp. (JP:6723) (RNECY) rallied 5.3% after suffering a sizeable drop in the previous session.
- [By Daniel Inman]
Shares in Softbank Corp. (JP:9984) � (SFTBF) ���one of the largest constituents on the Nikkei Average ��fell 2.2% after The Wall Street Journal reported that the firm�� Sprint (S) �unit is considering a takeover of its smaller rival T-Mobile US (TMUS) , with a bid potentially coming in the first half of 2014.
- [By Daniel Inman]
Softbank (JP:9984) � (SFTBF) �rose 2% in Tokyo following a Nikkei report that said the telecoms company�� group operating profit for the first half of the fiscal year likely rose 70% on-year to more than 楼700 billion ($7.13 billion).
10 Best Gas Utility Stocks To Invest In 2014: Northwest Natural Gas Company(NWN)
Northwest Natural Gas Company stores and distributes natural gas primarily in Oregon, Washington, and California. The company operates in two segments, Local Gas Distribution and Gas Storage. The Local Gas Distribution segment distributes natural gas in Oregon and southwest Washington. The Local Gas Distribution segment distributes natural gas in Oregon and southwest Washington. This segment engages in building and maintaining pipeline distribution system, purchasing gas from producers and marketers, contracting for the transportation of gas over pipelines from the supply basins to service territory, and reselling the gas to customers. It also transports gas owned by customers from the interstate pipeline connection, or city gate, to the customers? facilities. This segment serves various industries, including pulp, paper, and other forest products; companies manufacturing electronic, electrochemical, and electrometallurgical products; companies engaged in processing of fa rm and food products; metal fabrication and casting companies; organizations that produce various mineral products, machine tools, machinery, and textiles; companies that manufacture asphalt, concrete, and rubber; printing and publishing companies; nurseries; government and educational institutions; and electric generation companies. It has approximately 674,000 utility customers comprising approximately 611,000 residential, 62,000 commercial, and 1,000 industrial customers. The Gas Storage segment offers underground natural gas storage services to interstate and intrastate customers. It holds interests in approximately 9,900 net acres of underground natural gas storage in Oregon and approximately 5,000 net acres of underground natural gas storage in California. This segment serves primarily natural gas distribution, electric generation, and energy marketing companies. The company was founded in 1910 and is headquartered in Portland, Oregon.
Advisors' Opinion:- [By Fredrik Arnold]
The balance of the top ten included one technology firm, AT&T Inc. (T) in fourth place; one consumer goods, Altria Group Inc. (MO), placed fifth; Bowl America Class A (BWL.A) in seventh place was the lone service dog. Two utilities, Northwest Natural Gas (NWN), and Consolidated Edison (ED), in ninth and tenth places completed the representation of market sectors in the champions index.
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