LOS ANGELES (MarketWatch) - Hong Kong stocks fell early Friday, with financials among decliners before the release of U.S. monthly jobs data likely to contribute to the Federal Reserve's near-term direction on monetary stimulus. The Hang Seng Index (HK:HSI) fell 0.2% to 23,680.60, and the Hang Seng China Enterprises Index gave up 0.3%. Shares of heavily weighted HSBC Holdings PLC (HK:5) lost 0.7%, on track for a fourth straight day of declines, and Agricultural Bank of China Ltd. (HK:1288) (CN:601288) (ACGBF) pulled back by 1%. Standard Chartered PLC shares (HK:2888) (UK:STAN) sagged 2.8%, extending Thursday's drop of 4.7% after the lender said for the first time in a decade that its operating profit will decline. Meanwhile, China Mobile Ltd. shares (HK:941) (CHL) edged up 0.1% following a Reuters report that the company is still working on completing a deal to sell Apple Inc.'s (APPL) iPhones. On the mainland, the Shanghai Composite (CN:SHCOMP) fell 0.3%.
Top Solar Stocks To Buy For 2015: BHP Billiton Limited(BHP)
BHP Billiton Limited, together with its subsidiaries, operates as a diversified natural resources company worldwide. The company engages in the exploration, development, and production of oil and gas; mining and refining of bauxite into alumina, and smelting of alumina into aluminum metal; and mining of copper, silver, lead, zinc, molybdenum, uranium, gold, diamonds, and titanium minerals, as well as development of potash deposits. It also involves in the mining and production of nickel products, manganese ore, and manganese metal and alloys, as well as in the mining of iron ore, metallurgical coal, and thermal coal. BHP Billiton Limited sells its copper, lead, and zinc concentrates, and alumina to smelters; copper cathodes to wire rod mills, brass mills, and casting plants; uranium oxide to electricity generating utilities; rough diamonds to diamond buyers and diamond manufacturers; nickel products to stainless steel, specialty alloy, foundry, chemicals, and refractory ma terial industries; metallurgical coal to steel producers; and energy coal to power stations, power generators, and industrial users. The company, formerly known as BHP Limited, was founded in 1885 and is headquartered in Melbourne, Australia.
Advisors' Opinion:- [By Yoshiaki Nohara]
BHP Billiton Ltd. (BHP), a mining company that gets 30 percent of its revenue in China, advanced 3.4 percent in Sydney. Toyota Motor Corp. (7203) jumped 11 percent even after defective airbag inflators led Japan�� three biggest carmakers including Toyota to recall more than 3 million vehicles. China Southern Airlines Co., the country�� biggest domestic carrier, rose 3.6 percent in Hong Kong after a slump last week on concern an outbreak of bird flu in China will hurt travel demand.
- [By Isac Simon]
It's bigger than it looks like
The shale revolution is actually bigger than what most people have realized. What many have failed to understand is that energy investments are really long-term in nature. Most of these investments span decades. When it comes to shale oil and gas properties, we are still in the initial stages of development. Michael Yeager, who heads the petroleum division of BHP Billiton (NYSE: BHP ) , aptly sums it up: "Every time we look at the opportunities in our shale oil and gas plays, they get larger." - [By Taylor Muckerman and Joel South]
The largest miners in the world haven't been insulated from this either. BHP Billiton (NYSE: BHP ) will be attempting to reduce expenditures by $4 billion within the next 12 months. This cut will be larger than the entire 4% market cap of the S&P 500 index. And�that's in just one year!�These measures, while drastic, should help realign the supply and demand balance leading to improved inventory management and pricing power for the miners mentioned in the video below.
- [By Corinne Gretler]
BHP Billiton Ltd. (BHP) retreated to a seven-month low after the world�� largest mining company said third-quarter iron ore production rose less than expected. Volkswagen AG and Bayerische Motoren Werke AG fell at least 2.8 percent as data showed European car sales fell 10 percent in March. Tesco Plc (TSCO) lost 3.9 percent after reporting the first annual profit drop in almost 20 years and saying it will exit the U.S.
Top 5 Heal Care Companies To Own In Right Now: Bowl America Inc (BWL.A)
Bowl America Incorporated, incorporated in July 22, 1958, is engaged in the entertainment business. The Company operates in one segment. Its principal source of revenue consists of fees charged for the use of bowling lanes and other facilities and from the sale of food and beverages for consumption on the premises. Merchandise sales, including food and beverages, were approximately 30% of operating revenues. The balance of operating revenues (approximately 70%) represents fees for bowling and related services. During the fiscal year ended July, 1 2012 (fiscal 2012), the Company and its wholly owned subsidiaries operated 19 bowling centers. These 19 bowling centers contain a total of 756 lanes. As of September 1, 2012 the Company and its subsidiaries operated 10 bowling centers in the greater metropolitan area of Washington, D.C., one bowling center in the metropolitan area of Baltimore, Maryland, one bowling center in Orlando, Florida, three bowling centers in the metropolitan area of Jacksonville, Florida, and four bowling centers in the metropolitan area of Richmond, Virginia.
These establishments are air-conditioned with facilities for service of food and beverages, game rooms, rental lockers, and meeting room facilities. All centers provide shoes for rental, and bowling balls are provided free. In addition, each center retails bowling accessories. Most locations are equipped for glow-in-the-dark bowling, popular for parties and non-league bowling. The bowling equipment essential for the Company's operation is readily available. Two of the Company's bowling centers are located in leased premises, and the remaining seventeen centers are owned by the Company.
The Company competes with Brunswick Corporation and AMF Bowling Worldwide, Inc.
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.
Top 5 Heal Care Companies To Own In Right Now: Housing Development Finance Corporation Ltd (HDFC)
Housing Development Finance Corporation Limited is financing by way of loans for the purchase or construction of residential houses, commercial real estate and certain other purposes in India. The Company has a network of approximately 330 offices (which includes 83 offices of its wholly owned distribution company HDFC Sales Private Limited) catering to over 2,400 towns & cities spread across the country. It also has offices in Dubai, London and Singapore and service associates in the Middle East region, to provide housing loans and property advisory services to Non-Resident Indians (NRIs) and Persons of Indian Origin (PIOs). Its product range includes loans for purchase and construction of a residential unit, purchase of plot, home improvement loans, home extension loans, non-residential premises loans for professionals and loan against property, while its flexible repayment options include Step Up Repayment Facility (SURF) and Flexible Loan Installment Plan (FLIP). Advisors' Opinion:- [By MONEYMORNING.COM]
Vanguard favors India with investments in Infosys Ltd. (NSE: INFY), Reliance Industries Ltd. (NSE: RELIANCE), and Housing Development Finance Corp. Ltd. (NSE: HDFC) ranking among its top 20.
Top 5 Heal Care Companies To Own In Right Now: TCF Financial Corporation(TCB)
TCF Financial Corporation operates as the bank holding company for TCF National Bank that provides various retail and commercial banking products and services in the United States and Canada. Its products and services include consumer, small business, and commercial deposits, as well as interest-bearing checking accounts, money market accounts, regular savings accounts, certificates of deposit, and retirement savings plans; and consumer real estate loans, commercial real estate loans, commercial business loans, and multi-purpose campus cards for colleges, as well as consumer loans for personal, family, or household purposes. The company also offers leasing and equipment finance products for various companies, inventory finance products, auto finance products, and treasury services. As of December 31, 2011, it had 434 retail banking branches, including 196 branches in Illinois, 110 in Minnesota, 53 in Michigan, 36 in Colorado, 26 in Wisconsin, 7 in Arizona, 5 in Indiana, an d 1 in South Dakota. The company was founded in 1923 and is based in Wayzata, Minnesota.
Advisors' Opinion:- [By Zacks]
Shares of TCF Financial Corporation (NYSE: TCB) have recorded a year-to-date return of 26.6%. Impressive organic growth, balance sheet repositioning and strong capital deployment activities of the company were primary factors behind the growth. However, we are not so optimistic about these positives translating into further price appreciation down the road as there will likely be significant pressure on its top line.
- [By Tim Melvin]
I always find it very interesting to see what long-term investors are selling in a given quarter. Kahn Brothers lightened up on many financials that have shot up and now trade above book value. The firm sold out of Flushing Financial (FFIC), TCF Financial (TCB) and Dime Community Bank (DCOM). Khan apparently shares my views on the large-cap drug stocks, easing up on both Pfizer (PFE) and Bristol Meyers (BMY) over the summer. Khan Brothers also sold the last of the Travelers shares (TRV) it has owned since 2008 at more than twice the purchase price.
No comments:
Post a Comment