Teva Pharma (TEVA) recently announced that its generic version of AbbVie's (ABBV) Niaspan would hit the U.S. market. The news is particularly noteworthy because Teva was the first-to-file, making the product eligible for 180 days of marketing exclusivity (a large windfall for the company).
Niaspan is a cholesterol drug used to reduce elevated TC, LDL-C (bad cholesterol), Apo B and TG levels, and to raise HDL-C cholesterol (the good variety). Niaspan had annual sales of more than $1.1 billion in the U.S., according to IMS data. Sales of Niaspan have advanced in the first half of fiscal year 2013, growing 4% year-over-year. Niaspan is one of the top 15 drug patent losses for 2013, and we continue to view Teva's first-to-file opportunities as the best among peers (blue bar below).
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Source: Actavis, Valuentum (January 2013)
Hot Trucking Stocks To Invest In Right Now: Halliburton Company(HAL)
Halliburton Company provides various products and services to the energy industry for the exploration, development, and production of oil and natural gas worldwide. It operates in two segments, Completion and Production, and Drilling and Evaluation. The Completion and Production segment offers production enhancement services, completion tools and services, cementing services, and Boots & Coots. Its production enhancement services include stimulation and sand control services; completion tools and services comprise subsurface safety valves and flow control equipment, surface safety systems, packers and specialty completion equipment, intelligent completion systems, expandable liner hanger systems, sand control systems, well servicing tools, and reservoir performance services; cementing services consist of bonding the well and well casing, while isolating fluid zones and maximizing wellbore stability, and casing equipment; and Boots & Coots include well intervention services , pressure control, equipment rental tools and services, and pipeline and process services. The Drilling and Evaluation segment provides field and reservoir modeling, drilling, evaluation, and wellbore placement solutions that enable customers to model, measure, and optimize their well construction activities. Its services comprise fluid services, drilling services, drill bits, wireline and perforating services, testing and subsea services, software and asset solutions, and integrated project management and consulting services. The company serves independent, integrated, and national oil companies. Halliburton Company was founded in 1919 and is headquartered in Houston, Texas.
Advisors' Opinion:- [By Teresa Rivas]
As for companies with the most upside, Marathon Petroleum (MPC) tops the list, with 63.6%, followed by Autodesk (ADSK), Ventas (VTR), salesforce.com (CRM) and American Tower (AMT). Outside the top five, the list also includes big names like Schlumberger (SLB), Halliburton (HAL), Expedia (EXPE) and General Motors (GM).
Top Up And Coming Companies For 2014: Enel SpA (ENEL)
Enel SpA is an Italy-based company engaged in the utilities sectors. It operates in seven divisions. The Sales segment focuses on the sale of electricity and gas products and services for end users. The Generation and Energy Management is involved in generation with thermal, natural gas regasification and schedulable hydroelectric power plants. The Infrastructure and Networks distributes electricity and public lighting. The Iberia and Latin America operates in the electricity and gas markets of Spain, Portugal and Latin America. The International segment supports strategies for the European and Russian markets. The Renewable Energy is active in the generation of electricity from renewable resources. The Engineering and Research develops the conventional and nuclear construction of power plants. In November 2013, through Enel Investment Holding BV, it sold a 40% stake in Artic Russia BV, which in turn owns a 49% of the share capital of SeverEnergia, to NK Rosneft' OAO. Advisors' Opinion:- [By Jonathan Morgan]
Enel SpA (ENEL) retreated 3.8 percent to 3.22 euros after Deutsche Bank AG said that its estimates for earnings at Italy�� biggest utility show no potential for growth for 2013 or 2014.
Top Up And Coming Companies For 2014: Exterran Partners L.P.(EXLP)
Exterran Partners, L.P. provides natural gas contract operations services to customers in the United States. Its contract operations services include designing, sourcing, owning, installing, operating, servicing, repairing, and maintaining equipment to provide natural gas compression to its customers. The company also owns and operates a natural gas processing plant with a capacity of 10 million cubic feet per day, which is used to provide processing services. It serves companies engaged in various aspects of the oil and natural gas industry, including natural gas producers, processors, gatherers, transporters, and storage providers. The company markets its services through sales and field service personnel. Exterran General Partner, L.P. serves as the general partner of Exterran Partners, L.P. The company was formerly known as Universal Compression Partners, L.P. and changed its name to Exterran Partners, L.P. in August 2007. Exterran Partners, L.P. was founded in 2006 an d is based in Houston, Texas.
Advisors' Opinion:- [By Anna Prior]
Exterran Partners L.P (EXLP). will acquire natural-gas compression assets from MidCon Compression L.L.C., a subsidiary of Chesapeake Energy Corp.(CHK), for about $135 million.
- [By Jason Shubnell]
Leading and Lagging Sectors
Technology stocks gained Friday, with Parametric Sound (NASDAQ: PAMT) leading advancers after the company provided post merger update and outlook. Among the leading sector stocks, gains came from 21Vianet Group (NASDAQ: VNET), BlackBerry (NASDAQ: BBRY), Canadian Solar (NASDAQ: CSIQ), and Veeco Instruments (NASDAQ: VECO).
In trading on Friday, utilities shares rose by just 0.06 percent. Among the sector stocks, Exterran Partners LP (NASDAQ: EXLP) was down more than 4.8 percent, while PG&E (NYSE: PCG) tumbled around 3.75 percent.
Top Headline
BlackBerry (NASDAQ: BBRY) posted a narrower-than-expected fourth-quarter loss.
BlackBerry posted a quarterly net loss of $423 million, or $0.80 per share, versus a year-ago profit of $98 million, or $0.19 per share. Its loss from continuing operations came in at $423 million, or $0.80 per share, compared to a year-ago profit of $94 million, or $0.18 per share. BlackBerry�� adjusted loss from continuing operations came in at $0.08 per share.
Its revenue slipped 64% to $976 million. However, analysts were estimating a loss of $0.56 per share on revenue of $1.17 billion. BlackBerry sold around 3.4 million smartphones in the quarter.
Equities Trading UP
Finish Line (NASDAQ: FINL) shares shot up 3.64 percent to $27.44 after the company posted better-than-expected fourth-quarter earnings. - [By Ryan Lowery]
All natural
An obvious place to start is coal's biggest competitor, natural gas. For a while now, I've been a fan of the natural gas compression company, Exterran Holdings (NYSE: EXH ) , which provides operations, maintenance, service, and equipment for both oil and natural gas production. Exterran's stock has had a steady climb the last couple of years -- it's up over 40% this year alone. The majority of analysts are calling Exterran a hold, but several rate it a buy or even a strong buy. Currently, Exterran is trading in the upper $20 range, and with a price target of $33, it still seems to have some upside. And for those interested in investing in master limited partnerships, Exterran operates an MLP as well, Exterran Partners (NASDAQ: EXLP ) , which has seen a 33% gain in its price this year.
Top Up And Coming Companies For 2014: Virginia Heritage Bank (VGBK)
Virginia Heritage Bank is a commercial bank. The Bank serves the greater Washington, D.C. metropolitan area with an emphasis on Northern Virginia. It offers a range of banking services. Its services include free business and consumer checking, premium interest-bearing checking, business account analysis, savings, certificates of deposit and other depository services, as well as an array of commercial, real estate and consumer loans. Total deposits were $491.7 million at December 31, 2011. Non-interest bearing deposits totaled $57.3 million or 11.66% of total deposits as of December 31, 2011. The Bank has full service branches in Fairfax, Chantilly, Gainesville, Tysons Corner and Dulles, Virginia, and a mortgage division headquartered in Chantilly, Virginia.
Lending Activities
The Bank�� primary lending focus is real estate finance, as well as making loans to small businesses, professionals and other consumers in its local market area. At December 31, 2011, approximately 49.3% of the total loan portfolio was composed of commercial real estate loans. The Bank�� primary lending activities are principally directed to its market area in the greater Washington, D.C. metropolitan area with an emphasis on Northern Virginia. Commercial loans are offered for a variety of business purposes, including government contract receivables, plant and equipment, general working capital, contract administration and acquisition lending. The Bank finances the purchase of commercial real estate properties, such as office buildings and warehouses. A significant portion of the commercial real estate securing the Bank�� commercial real estate loans at December 31, 2011, was owner-occupied. The Bank has a concentration in loans secured by commercial real estate. At December 31, 2011, its loan portfolio consisted of 49.3% respectively, of commercial real estate loans.
The Bank�� real estate construction lending segment of its portfolio is predominately residential in nature and compo! sed of loans with short duration, typically 12 to 24 months. The Bank offers a variety of residential real estate loans both for purchase and refinancing, most of which are sold in the secondary market. It also provides loans to small businesses that may be secured by residential real estate. The Bank�� residential real estate lending products are available through all of its banking facilities and its mortgage division in Chantilly, Virginia. At December 31, 2011, total residential real estate loans amounted to $53.7 million, excluding loans held for sale of $16.9 million, respectively. The Bank offers an array of consumer loans, including automobile loans, term loans, and overdraft protection.
Investments Securities
As of December 31, 2011, the Bank�� investment portfolio was classified as available for sale. As of December 31, 2011, investment securities available for sale amounted to $98.8 million. The investment portfolio contained corporate debt securities amounting to $6.1 million as of December 31, 2011.
Sources of Funds
Deposits are the major source of funding for the Bank. The Bank offers an array of deposit products that include demand, negotiable order of withdrawal (NOW), money market and savings accounts, as well as certificates of deposit.
Advisors' Opinion:- [By CRWE]
Today, VGBK remains (0.00%) +0.000 at $16.00 thus far (ref. google finance Delayed: 9:30AM EDT July 31, 2013).
Virginia Heritage Bank previously reported quarterly earnings of $2.5 million after taxes, or $0.55 per share (basic) and $0.54 per share (diluted), for the period ended June 30, 2013. This is a 29% increase over earnings of $1.9 million after taxes, or $0.44 per share (basic and diluted), from the same period a year ago. On a year-to-date basis, earnings were $4.5 million after taxes, or $1.01 per share (basic) and $0.98 per share (diluted) through June 30, 2013 versus $3.3 million after taxes, or $0.76 per share (basic and diluted) in 2012.
The Bank�� second quarter results produced an annualized rate of return of 1.25% on average assets and 16.66% on average common equity compared to 1.25% and 15.40%, respectively for the same period a year ago. On a year-to-date basis, the annualized rate of return was 1.15% on average assets and 15.67% on average common equity compared to 1.12% and 13.55%, respectively for 2012.
Top Up And Coming Companies For 2014: 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 Up And Coming Companies For 2014: Intelsat SA (I)
Intelsat S.A., incorporated on July 18, 2011, is a satellite services business, providing a layer in the global communications infrastructure. The Company operates satellite capacity, holds orbital location rights, contract backlog, serve commercial customers and deliver services. It provides diversified communications services to the world�� media companies, fixed and wireless telecommunications operators, data networking service providers for enterprise and mobile applications, multinational corporations and Internet service providers (ISPs). It is also the provider of commercial satellite capacity to the United States government and other select military organizations and their contractors.
The Company has a satellite fleet comprised of more than 50 satellites, covering 99% of the Earth�� populated regions. Its fleet, combined with the IntelsatOne terrestrial fiber network and a collection of teleports, form a singular unmatched global infrastructure to meet any communications requirement. As the provider of satellite services, the Company provides mission critical communication services.
Advisors' Opinion:- [By Todd Sullivan]
HHC has increased all our ownership percentage through the repurchasing of outstanding warrants.
From the 13D/A
On December 31, 2013, certain of the Reporting Persons entered into swaps for the benefit of certain Pershing Square Funds. Under the terms of the swaps, (i) the relevant Pershing Square Funds will be obligated to pay to the bank counterparty any negative price performance of the 5,399,839 notional number of Common Shares subject to the swaps as of the expiration date of such swaps, plus interest rates set forth in the applicable contracts, and (ii) the bank counterparty will be obligated to pay the relevant Pershing Square Funds any positive price performance of the 5,399,839 notional number Common Shares subject to the swaps as of the expiration date of the swaps. During the term of the swaps, cash will be paid by the bank counterparty to the relevant Pershing Square Fund in an amount equal to the amount of notional distributions or dividends paid by the Issuer in respect of such notional number of Common Shares. All balances will be settled in cash. The Pershing Square Funds��counterparties for the swaps include entities related to Citibank, Nomura, Soci茅t茅 G茅n茅rale and UBS. The swaps do not give the Reporting Persons direct or indirect voting, investment or dispositive control over any securities of the Issuer and do not require the counterparty thereto to acquire, hold, vote or dispose of any securities of the Issuer. Accordingly, the Reporting Persons disclaim any beneficial ownership of any Common Shares that may be referenced in the swap contracts or Common Shares or other securities or financial instruments that may be held from time to time by any counterparty to the contracts.
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