NEW YORK (AP) -- Signs that the global economy isn't strong enough to quickly burn through the world's ample supplies of oil and gasoline sank crude oil prices for a second straight day.
Weak U.S. economic reports Friday followed on the heels of reduced forecasts for oil demand. Oil dropped 2 percent.
The falling prices will help extend a long, slow slide in retail gasoline prices, forecasters say. The average price of a gallon of gasoline in the U.S. fell a penny overnight to $3.56 per gallon. That's 23 cents lower than the high for the year, set on Feb. 27. And gas is now 36 cents cheaper than a year ago at this time.
Drivers in some states, such as Wyoming, Montana, Missouri, and South Carolina, may even see a few stations selling gas for under $3.00 per gallon this weekend, says Tom Kloza, chief oil analyst at Gasbuddy.com.
"We're looking at (futures and wholesale) prices that will propel this drop into the spring," Kloza said.
Gasoline prices appear to be on a similar curve to last year, but on an earlier timetable. The springtime highs instead came in late winter, and a seasonal low could come in June this year instead of July. "It's the same roller-coaster ride, but the top of the ride came sooner," Kloza said.
Top 10 High Tech Stocks For 2015: Tyson Foods Inc.(TSN)
Tyson Foods, Inc., together with its subsidiaries, engages in the production, distribution, and marketing of chicken, beef, pork, and prepared food products, as well as related allied products worldwide. The company?s Chicken segment involves in breeding and raising chickens, as well as processing live chickens into fresh, frozen, and value-added chicken products. Its Beef segment processes live fed cattle and fabricates dressed beef carcasses into primal and sub-primal meat cuts and case-ready products The company?s Pork segment involves in the processing live market hogs; and fabricating pork carcasses into primal and sub-primal cuts and case-ready products. Its Prepared Foods segment manufactures and markets frozen and refrigerated food products comprising pepperoni, bacon, beef and pork pizza toppings, pizza crusts, flour and corn tortilla products, appetizers, prepared meals, ethnic foods, soups, sauces, side dishes, meat dishes, and processed meats. The company mark ets and sells its products to grocery retailers, grocery wholesalers, meat distributors, warehouse club stores, military commissaries, industrial food processing companies, chain restaurants or their distributors, international export companies, and domestic distributors, as well as to foodservice operations, such as plant and school cafeterias, convenience stores, hospitals, and other vendors. Tyson Foods, Inc. also offers its allied products to the manufacturers of pharmaceuticals and technical products, as well as to pork processors. The company was founded in 1935 and is headquartered in Springdale, Arkansas.
Advisors' Opinion:- [By Rich Duprey]
Smithfield Foods is the largest pork processor in the U.S., with 28% of the market, but Tyson Foods (NYSE: TSN ) is second at 17% followed by Brazil's JBS with its Swift brand at 11%. Cargill and Hormel Foods�round out the top five with single-digit share each.
- [By Kyle Spencer]
While the USDA's conclusion of 5 weeks maximum reduced consumption will certainly be a relief to investors with exposure to the Asian poultry market -- namely, Yum, Tyson (TSN), and McDonald's (MCD) investors -- I think that relying too closely on the Italian consumers' experience with H5N1 to interpret the reaction of Chinese consumers to H7N9 might potentially be a disastrous assumption.
- [By jaggom]
The world�� second-largest meat processor, Tyson Foods (TSN), released impressive results for the third quarter. The company reported fantastic growth in its top line and its results came in line with expectations. Greater demand for chicken and pork products were the main growth drivers for the company. There are many key points Tyson Foods is counting on, which can take its growth to a new level. With rising demand for meat products and the proposed selling of Latin American chicken operations, Tyson Foods is expected to get better in the future.
Hot Penny Stocks To Buy For 2014: NET Servicos de Comunicacao S.A.(NETC)
Net Servicos de Comunicacao S.A., through its subsidiaries, provides cable television, Internet access, and voice services in Brazil. It offers cable television services under the ?NET? brand name through various cable networks located in the largest cities of Brazil. The company also offers broadband Internet access services under the ?NET VIRTUA? brand name by using Embratel's IP backbone infrastructure. In addition, it provides voice services under the ?NET FONE VIA EMBRATEL? brand name jointly with Embratel. Further, the company offers integrated video, broadband, and voice services. Net Servicos de Comunicacao S.A. was founded in 1994 and is headquartered in Sao Paulo, Brazil.
Advisors' Opinion:- [By Vanina Egea] offers bundled services and has aggressively expanded its Internet and TV subscriber base in the state.
Investing for Long-term Growth
Looking forward, Telef贸nica Brasil is investing in technology and network expansion to further empower its competitive position. The firm is expanding its 3G network based on CDMA EV-DO and HSPA technologies, which provide a great advantage over its peers. Further, it expects to benefit from the growth opportunities in the 4G market. Consequently, it has signed a deal with Ceragon Networks Ltd. (CRNT) to deploy the superfast 4G network nationwide.
A Valuable Stock
Telef贸nica Brasil has a healthy balance sheet with strong cash flow generation (up to 9,576 million in 2013 from 3,488 million in 2011) and reasonable debt levels. Its net debt-to-EBITDA ratio is of 0.17 times and it has a debt- to-equity ratio of 0.2 against its peers��average of 0.9. Its financial strength and a robust dividend have attracted investment gurus like Charles Brandes (Trades, Portfolio) and David Dreman (Trades, Portfolio), who have recently incorporated the company to its portfolio.
Considering the stock�� trading price of 14.6x its trailing earnings compared to the peer group average of 16.90x, and a compelling dividend yield of 7.30 with a payout ratio of 1.1 (against its competitors��median of 3.53 and 0.62, respectively), I believe this stock is a worthy investment opportunity with excellent growth potential.
Disclosure: Vanina Egea holds no position in any stocks mentioned.
Also check out: Charles Brandes Undervalued Stocks Charles Brandes Top Growth Companies Charles Brandes High Yield stocks, and Stocks that Charles Brandes keeps buyingAbout the author:Vanina EgeaA fundamental analyst at Lone Tree AnalyticsVisit Vanina Egea's Website
Currently 5.00/512345Rating: 5.0/5 (1 vote)
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Hot Penny Stocks To Buy For 2014: Enstar Group Limited (ESGR)
Enstar Group Limited, through its subsidiaries, acquires and manages insurance and reinsurance companies in run-off. The company settles insurance and reinsurance claims. It also offers management and consultancy, claims inspection, and reinsurance collection services to its affiliates and third-party clients. The company operates in the United States, Bermuda, the United Kingdom, Europe, and Australia. Enstar Group Limited was formerly known as Castlewood Holdings Limited and changed its name to Enstar Group Limited. Enstar Group Limited was founded in 2001 and is based in Hamilton, Bermuda.
Advisors' Opinion:- [By Matt Koppenheffer and David Hanson]
In this segment from Thursday's Where the Money Is, Motley Fool financial analysts Matt Koppenheffer and David Hanson discuss Matt's stock pitch of the week, Enstar Group Ltd. (NASDAQ: ESGR ) . In the insurance world, insurers can start an insurance business, or a line of insurance, that ends up performing poorly. This can force the insurer to then put that line of insurance, or the entire business, into what is known as run-off. This means they are no longer selling policies, and will only continue to manage the existing policies for the life of those policies. That is where Enstar comes in.
Hot Penny Stocks To Buy For 2014: Computer Sciences Corporation(CSC)
Computer Sciences Corporation provides information technology (IT) and professional services to governments and commercial enterprises. The company?s IT outsourcing services comprise operating customer?s technology infrastructure, including systems analysis, applications development, network operations, desktop computing, and data center management services; business process outsourcing; managing transactional business functions for clients, such as procurement and supply chain, call centers and customer relationship management, credit services, claims processing and logistics. It also offers cloud computing and cyber security protection services. In addition, the company provides range of services in the areas of infrastructure as a service, software as a service (SaaS), business process as a service, platform as a service, and other technologies. Further, its IT and professional services consist of systems integration, including designing, developing, implementing, and i ntegrating information systems; and management consulting, technology consulting, and other professional services, consist of advising clients on the strategic acquisition and utilization of IT and on business strategy, security, modeling, simulation, engineering, operations, change management, and business process reengineering. Additionally, the company licenses software systems, including SaaS offerings for the financial services and other industry-specific markets; and provides a range of end-to-end business solutions. It has its operations primarily in North America, Europe, Asia, and Australia. The company was founded in 1959 and is based in Falls Church, Virginia.
Advisors' Opinion:- [By Rich Smith]
Falls Church, Va.-based Computer Sciences (NYSE: CSC ) announced Wednesday that it is selling its Applied Technology Division to privately held PAE, a leading provider of "global mission services."
- [By MONEYMORNING.COM]
In its recent ranking of top Cloud players, researcher Gartner gave Microsoft's Azure cloud platform a No. 2 rating. It trailed only Amazon.com Inc. (Nasdaq: AMZN). That means it finished ahead of Google Inc. (Nasdaq: GOOG), Computer Sciences Corp. (NYSE: CSC), and International Business Machines Corp. (NYSE: IBM).
Hot Penny Stocks To Buy For 2014: Northstar Realty Finance Corp. (NRF)
NorthStar Realty Finance Corp. operates as a real estate investment trust in the United States. It invests in real estate debt business, which acquires, originates, and structures debt investments secured primarily by income-producing real estate properties; real estate securities business that invests in commercial real estate debt securities, including commercial mortgage backed securities, REIT unsecured debt, and credit tenant loans; and net lease properties business, which acquires properties that are primarily net leased to corporate tenants. The company has elected to be taxed as a REIT and it would not be subject to federal income tax, provided it distributes at least 90% of its taxable income to its shareholders. NorthStar Realty Finance was founded in 1997 and is based in New York City.
Advisors' Opinion:- [By Lauren Pollock]
NorthStar Realty Finance Corp.(NRF) disclosed a plan to spin off its asset-management business into a separate publicly traded company, a move investors praised. NorthStar’s shares rose 17% to $11.60 premarket.
- [By alicet236]
Northstar Realty Finance Corporation (NRF): Chairman and CEO David T. Hamamoto Sold 639,182 Shares
Chairman and CEO of Northstar Realty Finance Corporation (NRF) David T. Hamamoto sold 639,182 shares on 01/13/2014 at an average price of $14.14. NorthStar Realty Finance Corporation is a Maryland corporation formed in October 2003. Northstar Realty Finance Corporation has a market cap of $4.16 billion; its shares were traded at around $14.00 with and P/S ratio of 4.15. The dividend yield of Northstar Realty Finance Corporation stocks is 5.57%.
- [By Louis Navellier]
Northstar Realty Finance (NRF) is a REIT that acquires, originates, and structures debt investments secured primarily by income-producing real estate properties. Northstar also invests in commercial real estate debt securities, including commercial mortgage backed securities, REIT unsecured debt, and credit tenant loans and has a portfolio of properties that are net leased to commercial tenants.
Hot Penny Stocks To Buy For 2014: Kulicke and Soffa Industries Inc.(KLIC)
Kulicke and Soffa Industries, Inc. designs, manufactures, and sells capital equipment and expendable tools used to assemble semiconductor devices, including integrated circuits, high and low powered discrete devices, light-emitting diodes, and power modules. It also services, maintains, repairs, and upgrades its equipment. The company operates in two segments, Equipment and Expendable Tools. The Equipment segment manufactures and sells a line of ball bonders, heavy wire wedge bonders, stud bumpers, and die bonders. Its Ball bonders are used to connect very fine wires, primarily made of gold or copper, between the bond pads of the semiconductor device or die, and the leads on its package; Heavy wire wedge bonders are used in the power semiconductor and automotive power module markets; and Die bonders are used to attach a die to the substrate or lead frame, which will house the semiconductor device. This segment?s Stud bumpers mechanically apply bumps to die, while still in the wafer format, for some variants of the flip chip assembly process. The Expendable Tools segment manufactures and sells various expendable tools for a range of semiconductor packaging applications. Its products include capillaries, bonding wedges, and saw blades. The company?s customers primarily comprise semiconductor device manufacturers, outsourced semiconductor assembly and test providers, other electronics manufacturers, and automotive electronics suppliers in the United States and the Asia/Pacific region. Kulicke and Soffa Industries sells its products through manufacturers? representatives and distributors. The company was founded in 1951 and is headquartered in Singapore.
Advisors' Opinion:- [By Jake L'Ecuyer]
Equities Trading UP
Kulicke and Soffa Industries (NASDAQ: KLIC) shares shot up 8.95 percent to $13.76 after the company reported upbeat Q2 earnings and issued a strong Q3 revenue forecast. - [By Brian Pacampara]
Based on the aggregated intelligence of 180,000-plus investors participating in Motley Fool CAPS, the Fool's free investing community, chip equipment maker Kulicke and Soffa Industries (NASDAQ: KLIC ) has earned a coveted five-star ranking.
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