Northrop Grumman (NYSE: NOC ) came away with more contract wins than anyone else Tuesday on the Pentagon's supplier list, scoring two contracts worth nearly $53 million, combined.
The larger of the two contracts, worth $40.5 million, tasks Northrop's Information Systems division with performing research and development, enhancement, integration, deployment and sustainment work related to the Secure Access Baseline for the EnterpRise (SABER) initiative for the Air Force Intelligence, Surveillance and Reconnaissance Agency, the Department of Homeland Security, the Defense Intelligence Agency, and other intelligence community and Department of Defense customers. Northrop has an April 9, 2018, completion date for this work.
The company also won a $12.4 million contract�to extend by four months its work on the Counter Rocket Artillery Mortar (C-RAM�) Command and Control System. C-RAM is a system that integrates the military's existing field artillery and air defense sensors with a commercial off-the-shelf warning system and a Navy-designed interceptor rocket to shoot down incoming indirect fire rounds -- mortars, artillery shells, and the like.
Top Performing Companies To Watch In Right Now: Citizens First Corporation(CZFC)
Citizens First Corporation operates as a holding company for Citizens First Bank, Inc., which provides various financial services to individual and corporate customers in Kentucky. The company?s deposit products include checking accounts, savings accounts, NOW accounts, money market accounts, sweep accounts, fixed and variable rate IRA accounts, Christmas Club accounts, and certificate of deposit accounts. Its loan portfolio comprises commercial loans primarily to small and medium-sized businesses; commercial real estate loans; and residential real estate loans to borrowers for purchasing and refinancing one-to-four family properties. The company also provides personal loans and lines of credit to consumers for various purposes, such as purchase of automobiles, boats, and other recreational vehicles, as well as for home improvements and personal investments. In addition, it offers other banking services, including debit cards, credit cards, safekeeping and safe deposit bo xes, ACH and other direct deposit services, savings bond redemptions, cashiers checks, travelers? checks, and letters of credit, as well as cash management services, wire transfer services, and loan participations. Further, the company provides title insurance services to mortgage loan customers, as well as other insurance and trust services. It operates 9 locations in Barren, Hart, Simpson, and Warren counties of Kentucky; and 15 automated teller machines in Kentucky. The company was incorporated in 1975 and is headquartered in Bowling Green, Kentucky.
Top Performing Companies To Watch In Right Now: Yahoo! Inc.(YHOO)
Yahoo! Inc., together with its subsidiaries, operates as a digital media company that delivers personalized digital content and experiences through various devices worldwide. It offers online properties and services to users; and a range of marketing services to businesses. The company?s communications and communities offerings include Yahoo! Mail, Yahoo! Messenger, Yahoo! Groups, Yahoo! Answers, Flickr, and Connected TV, which provide a range of communication and social services to users and small businesses enabling users to organize into groups and share knowledge, common interests, and photos. Its search products comprise Yahoo! Search and Yahoo! Local, available free to users to navigate the Internet and discover content. The company?s marketplaces offerings and services include Yahoo! Shopping, Yahoo! Travel, Yahoo! Real Estate, Yahoo! Autos, and Yahoo! Small Business, which allow users to research specific topics, products, services, or areas of interest by review ing and exchanging information, obtaining contact details, or considering offers from providers of goods, services, or parties with similar interests. Its media offerings comprise Yahoo! Homepage, Yahoo! News, Yahoo! Sports, Yahoo! Finance, My Yahoo!, Yahoo! Toolbar, Yahoo! Entertainment & Lifestyles, Yahoo! Contributor Network, and Yahoo! Pulse, which are designed to engage users with online content and services on the Web. The company also offers marketing services, such as display and search advertising, listing-based services, and commerce-based transactions to advertisers. In addition, it provides software and platform offerings for third-party developers, advertisers, and publishers, such as Yahoo! Developer Network, Yahoo! Open Strategy, Yahoo! Application Platform, Yahoo! Updates, Yahoo! Query Language, and Yahoo! Search BOSS. The company has strategic alliances with Nokia and ABC News, Inc. Yahoo! Inc. was founded in 1994 and is headquartered in Sunnyvale, Californi a.
Advisors' Opinion:- [By Jon C. Ogg]
Yahoo! Inc. (NASDAQ: YHOO) had a full shareholder recovery under new CEO Marissa Mayer, but now the company has to begin to execute on its strategy. Mayer probably has another three months before Wall St. will demand to see increasingly better results. We only say this because the shares rose by more than one-third from the summer lows to the peak above $20. Mayer has delivered on her promise to monetize the stake in Alibaba in China, and there is hope that more monetization from that may be seen, or from the Yahoo! Japan stake. Microsoft Corp. (NASDAQ: MSFT) may represent the biggest opportunity, but it also may represent the largest challenge. Yahoo! looks as though it will be a content destination rather than stepping backwards to become a search and aggregation destination.
Yahoo! trades at $19.40, but it has lost some momentum after closing at $20.08 and peaking at $20.32 for its 52-week high on the first trading day of 2013. The company has a $23 billion market cap, and we would caution that analysts have a consensus price target of only $19.66 after a fresh downgrade by Bernstein on valuation. Yahoo! trades at about 17-times current and forward earnings expectations.
As you might have expected, there is an ETF for that! The First Trust Dow Jones Internet Index (NYSEMKT: FDN) ETF trades at $40.60, but note that it hit a 52-week high, and that the 52-week is now $40.67. We would also note that the volume of almost 2.4 million shares seen this past Monday was basically twice as active as the three busiest trading days of 2012 in this ETF.
Hot Beverage Companies To Watch For 2014: Ainsworth Game Technology Ltd(AGI.AX)
Ainsworth Game Technology Limited, together with its subsidiaries, engages in the design, development, production, sale, and servicing of gaming machines and other related equipment, and services. It designs and manufactures the A560, Ambassador, and Celebrity range of gaming products along with entertaining stand alone progressives and linked games. The company offers its products and services in Australia, North America, South America, New Zealand, Europe, and Asia. Ainsworth Game Technology Limited was founded in 1995 and is headquartered in Newington, Australia.
Top Performing Companies To Watch In Right Now: MISONIX Inc.(MSON)
Misonix, Inc. designs, manufactures, develops, and markets minimally invasive ultrasonic medical device products. The company offers BoneScalpel cutting system, which is used primarily for surgical procedures of the spine; the SonaStar surgical aspirator used to emulsify and remove soft and hard tumors; and the SonicOne wound cleansing and debridement system for the removal of devitalized tissue and fibrin deposits while sparing viable cells. It also markets the AutoSonix ultrasound cutting and coagulating systems, and Lysonix ultrasound assisted liposuction devices. In addition, the company develops and markets Aura ductless fume enclosures for the filtration of gaseous contaminates in the laboratory and forensic markets; and HiSonic ultrasonic technology for the treatment of profound deafness and tinnitus. Misonix, Inc. markets its products primarily to medical, pharmaceutical, biotech, semiconductor, law enforcement, and federal and local government laboratories, as wel l as forensic industries through direct sales persons, distributors, manufacturing representatives, and catalog listings. It operates primarily in the United States, Australia, Europe, Asia, Canada, Mexico, South America, South Africa, and the Middle East. The company was founded in 1959 and is based in Farmingdale, New York.
Top Performing Companies To Watch In Right Now: First Resources Limited (EB5.SI)
First Resources Limited, an investment holding company, engages in the cultivation and maintenance of oil palm plantations primarily in Singapore and Indonesia. It is also involved in the harvesting and milling the fresh fruit bunches into crude palm oil and palm kernel products, as well as in oil palm seed breeding and rubber plantation activities. In addition, the company markets and sells processed palm based products. It manages 130,000 hectares of oil palms plantations; and operates 9 palm oil mills in Indonesia. Further, the company owns and manages aircrafts. First Resources Limited was founded in 1992 and is based in Singapore.
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