October 16, 2013: U.S. markets opened higher Wednesday morning after negotiations for a Senate deal got started again on Tuesday night. Shares had already touched daily highs by the time a deal was announced. Senate passage appears to be a lock, and word from House Speaker Boehner is that the Republicans will not block a House vote. The President is reported to be prepared to sign a bill as soon as it is presented to him.
European and Asian markets closed mixed today while Latin American markets were higher.
Thursday�� calendar includes speeches by Dallas Fed President Richard Fisher, Chicago Fed President Charles Evans, Kansas City Fed President Esther George, and Minneapolis Fed President Narayana Kocherlakota and the following scheduled data releases and events (all times Eastern).
8:30 a.m. – Housing starts (delayed due to government shutdown) 8:30 a.m. – New claims for unemployment data (delayed) 9:15 a.m. – Industrial production (delayed) 10:00 a.m. – Philadelphia Fed survey 10:30 a.m. – EIA weekly natural gas storage report (delayed) 11:00 a.m. – EIA weekly petroleum status report (delayed) 4:30 p.m. – Fed balance sheet and money supplyHere are the closing bell levels for Wednesday:
Top 5 Dividend Stocks For 2015: Superior Energy Services Inc.(SPN)
Superior Energy Services, Inc. provides specialized oilfield services and equipments to serve the production and drilling-related needs of oil and gas companies. It operates through three segments: Subsea and Well Enhancement; Drilling Products and Services; and Marine. The Subsea and Well Enhancement segment provides integrated subsea and engineering services, coiled tubing, electric line, pumping and stimulation, gas lift, well control, hydraulic workover and snubbing, recompletion, stimulation and sand control equipment and services, well evaluation, offshore oil and gas tank, vessel cleaning, decommissioning, plug and abandonment, and mechanical wireline services. This segment also manufactures and sells drilling rig instrumentation equipments; and involves in the production and sale of oil and gas from its properties in the Gulf of Mexico. The Drilling Products and Services segment manufactures, sells, and rents equipments for use with offshore and onshore oil and gas well drilling, completion, production, and workover activities. This segment?s products and services include pressure control equipment, drill pipe and landing strings, connecting iron, handling tools, stabilizers, drill collars, and on-site accommodations. The Marine segment owns and operates a fleet of liftboats in the Gulf of Mexico. The company operates 25 rental liftboats with leg lengths ranging from 145 feet to 265 feet. Superior Energy Services, Inc. sells its products and services in Latin America, North America, North Sea and Europe, the Middle East, West Africa, and the Asia Pacific region. The company was founded in 1991 and is based in New Orleans, Louisiana.
Advisors' Opinion:- [By Ben Levisohn]
As a result, the knives have come out. Cowen’s analysts downgraded six stocks–Baker Hughes (BHI), Cameron International (CAM), Nabors Industries (NBR), CGG (CGG), Superior Energy Services (SPN) and Helmerich & Payne (HP)–and cut their estimates on even more. Its analysts explain why:
Top Asian Companies To Own For 2014: Philip Morris International Inc(PM)
Philip Morris International Inc., through its subsidiaries, engages in the manufacture and sale of cigarettes and other tobacco products in markets outside of the United States. Its international product brand line comprises Marlboro, Merit, Parliament, Virginia Slims, L&M, Chesterfield, Bond Street, Lark, Muratti, Next, Philip Morris, and Red & White. The company also offers its products under the A Mild, Dji Sam Soe, and A Hijau in Indonesia; Diana in Italy; Optima and Apollo-Soyuz in the Russian Federation; Morven Gold in Pakistan; Boston in Colombia; Belmont, Canadian Classics, and Number 7 in Canada; Best and Classic in Serbia; f6 in Germany; Delicados in Mexico; Assos in Greece; and Petra in the Czech Republic and Slovakia. It operates primarily in the European Union, Eastern Europe, the Middle East, Africa, Asia, Canada, and Latin America. The company is based in New York, New York.
Advisors' Opinion:- [By Dividend Growth Investor]
Altria Group (MO) was able to spin-off its Kraft Foods division in 2007. Shareholders in Altria received shares in Kraft for each share of Altria stock they held. In 2008, this was followed by the spin-off of Phillip Morris International (PM), which represented the international tobacco business of Altria Group.
- [By Sean Williams]
Russia's move could pose a threat to global cigarette producers such as Philip Morris International (NYSE: PM ) and British American Tobacco. Although both tobacco producers operate around the globe, a dramatic shift in curbing smoking from the world's third-largest tobacco consumer is bound to sting. In Philip Morris' case, according to Trefis, Russia accounted for approximately 6% of its total revenue last year, and the Eastern Europe, Middle East and Africa region accounted for roughly one-quarter of sales.�
Top Asian Companies To Own For 2014: Carnival Plc ADS (CUK)
Carnival plc operates as a cruise company. It operates in North America Cruise Brands, EAA Cruise Brands, and Tour and Other segments. The company offers cruises under the brand names of Carnival Cruise Lines, Holland America Line, Princess Cruises, and Seabourn in North America; and AIDA Cruises, Costa Cruises, Cunard, Ibero Cruises, P&O Cruises (UK), and P&O Cruises (Australia) in Europe, Australia, and Asia. It also owns Holland America Princess Alaska Tours, a tour operator in Alaska and the Canadian Yukon, which owns and operates 12 hotels or lodges, 300 motor coaches, and 20 domed rail cars. The company sells its cruises through travel agents, including wholesalers, general sales agents, and tour operators. Carnival plc was founded in 1850 and is headquartered in London, the United Kingdom.
Advisors' Opinion:- [By Peter Graham]
The Q3 2014 earnings report for cruise ship stock Carnival Corporation (NYSE: CCL), which also has a listing as Carnival plc (NYSE: CUK) and is a peer of�Royal Caribbean Cruises Ltd (NYSE: RCL) and Norwegian Cruise Line Holdings Ltd (NASDAQ: NCLH), is scheduled to report earnings before the market opens on Tuesday (September 23rd). Aside from the Carnival Corporation earnings report, it should be said that Royal Caribbean Cruises Ltd reported Q2 2014 earnings on July 24th (profit rose fivefold on higher European demand) and Norwegian Cruise Line Holdings Ltd reported Q2 2014 earnings on July 29th (investments in new ships and fleet modernization helped earnings that beat expectations). However and the last time around when Carnival Corporation reported earnings, year over year comparisons may have been misleading because�of an embarrassing February 2013 incident when a�fire on the Carnival Triumph left the ship without power in the Gulf of Mexico and�passengers stranded aboard the stalled ship for four days until it was pulled into port by several tugboats.
Top Asian Companies To Own For 2014: RealNetworks Inc.(RNWK)
RealNetworks, Inc. provides network-delivered digital media products and services to manage, play, and share digital media in the United States, Europe, and internationally. It develops and markets software products and services that enable the creation, distribution, and consumption of digital media, including audio and video. The company?s Core Products segment develops and provides software as a service (SaaS) services, including ring-back tone, music-on-demand, video-on-demand, and messaging services for mobile carriers; and e-commerce services, such as business intelligence, subscriber management, and billing for carrier customers. It also licenses Helix server software that allows companies and institutions to broadcast live and on-demand audio, video, and other multimedia programming to users over the Internet. In addition, this segment provides professional and systems integration services; and SuperPass, a subscription service, which provides consumers with acces s to a range of digital entertainment content. Its Emerging Products segment offers RealPlayer, a media player software, which include features and services that enable consumers to discover, play, download, manage, and edit digital video. The company?s Games segment is involved in developing, publishing, licensing, and distributing casual games, such as board, card, puzzle, word, and hidden-object games for PC?s, social networks, mobile handsets, and smartphones through digital download, online subscription play, third-party portals, social networks, and mobile devices. It distributes games principally in North America, Europe, and Latin America through the company?s own Websites, which are operated under the GameHouse, Zylom, and Atrativa brands, and through Websites owned or managed by third parties. RealNetworks, Inc. was founded in 1994 and is headquartered in Seattle, Washington.
Advisors' Opinion:- [By Carol Hymowitz]
CEOs who aren�� comfortable around technology and digital trends will have difficulty setting strategy for the future, said Dawn Lepore, former CEO of Drugstore.com and a director at AOL Inc., TJX Cos. (TJX) and RealNetworks Inc. (RNWK)
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