Seeking Alpha
Seeking Alpha Portfolio App for iPad
Finance
(1)

MARKET CURRENTS

  • 5:30 PM Shares of Trimble Navigation Limited (TRMB) could rise 25% over the next year, Barron's says: "Over the past decade, as farmers embraced its technology, Trimble earnings grew at an annualized rate of 26%. This year, profits are likely to advance a more subdued 13%... As the construction sector rebounds and Trimble expands its end markets, profits should take off once again." Comment! [Quick Ideas]
  • 4:46 PM Barron's takes a liking to UTi Worldwide (UTIW): "As the restructuring proceeds and the airfreight market rebounds, profit margins could rise significantly, boosting earnings. The shares could rally 35% in the next 18 months." One criticism left unanswered: UTIW's margins are much thinner than those of freight-forwarding heavyweight Expeditors International of Washington (EXPD). Comment! [Quick Ideas]
  • 4:15 PM Apple's (AAPL) effective tax rate of 14% is just a smidgin lower than IBM at 15% and Google (GOOG) at 17%. And Apple's hardly on the lowest rung: Amazon's (AMZN) rate is just 6%, Ford's (F) 3%, and Carnival's (CCL) just 1%. In trying to untangle what S&P 500 companies pay in taxes, David Leonhardt finds top executives are exceptionally shrewd at holding tax rates down. (infographic) 6 Comments
  • 1:25 PM Blackstone (BX) plans to pull a "significant portion" of the ~$550M it has invested with Steve Cohen and SAC Capital in light of the ongoing insider trading investigation, according to a letter from pension consulting firm Russell Investments reviewed by Reuters. Blackstone's redemption request came "sometime before May 15," meaning the asset management firm made the decision prior to SAC's disclosure that it would no longer cooperate unconditionally with authorities and prior to news that Cohen himself had been subpoenaed. 1 Comment [Financials]
  • 9:01 AM Getting crowded? After a home-run of a buy idea by Oscar Schaefer at the Roundtable in January, Barron's is back with another bullish call on Hertz (HTZ) - only now the price is 55% higher, the $10B market cap company is a favorite of the hedge fund crowd, and the winners of a recent high-profile investment competition won by pitching a buy of the auto-rental leader. 1 Comment [Quick Ideas]
  • 8:25 AM Reuters’ Robert Campbell thinks Keystone XL (TRP) has become a victim of political posturing and says a rival plan, ETP's Trunkline, is being held to a far lower standard thanks to an incoherent U.S. environmental policy. But if a pipeline isn’t built, crude will move by more carbon intensive methods that also are susceptible to accidents. Indeed, moving oil by road or rail is no longer seen as a stopgap until pipelines are built. 15 Comments [Energy]
  • 24 May, 6:36 PM Peoples Bancorp (PEBK) declares $0.03/share quarterly dividend, in line with previous. Forward yield 0.98%. For shareholders of record June 4. Payable June 14. Ex-div date May 31. (PR) Comment! [Dividends]
  • 24 May, 6:25 PM News Corp. (NWS, NWSA) expects to write down the value of its soon-to-be-independent publishing business by $1.2B-$1.4B this quarter, according to an SEC filing. The media company says "certain of its goodwill and intangible assets were potentially impaired” at the publishing business, which includes newspapers such as the NY Post and WSJ. 1 Comment [Consumer]
  • 24 May, 6:02 PM Actavis (ACT) confirms that an Appeals Court has granted an injunction to AstraZeneca (AZN) to enjoin ACT from further distribution of its generic version of Pulmicort until AZN's appeal before the Court gets resolved. ACT launched its generic version on April 1, following a ruling that AZN's patent was invalid. The following day, the Court then issued a temporary restraining order blocking ACT's generic sales to permit AstraZeneca an opportunity to seek injunctive relief with the Federal Circuit. Shares -0.3% AH. 1 Comment [Healthcare]
  • 24 May, 6:00 PM On the hour: S&P flat. 10-yr +0.02%. Euro +0.02% vs. dollar. Crude -0.44% to $93.84. Gold -0.47% to $1385.25. Comment!
See more Market Currents »

STOCKTALKS

140 characters
Sign in to view StockTalks by people you follow
TOP ARTICLES5:35 PM ET SATURDAY MAY 25
DIA -0.05%
SPY -0.16%
QQQ -0.14%
GLD -0.57%
ETF Movers
GULF WisdomTree Middle East Dividend ETF 0.67%
ZROZ PIMCO 25+ Year Zero Coupon U.S. Treasury Index ETF 0.57%

PORTFOLIO

SymbolAlertsPriceChg% Chg

Latest Portfolio Headlines

    Add Stocks
    More on this portfolio:
    Day Watch | Alerts | Holdings | Performance | Momentum | Valuation | Profitability | Dividends | Debt | Ownership

    LATEST ARTICLES

    More Latest Articles »

    ALPHA-RICH IDEAS

    More Alpha-Rich Ideas »

    MACRO VIEW

    More Macro View »

    DIVIDENDS & INCOME

    More Dividends & Income »

    ETFs & PORTFOLIO STRATEGY

    More ETFs & Portfolio Strategy »

    INVESTING IDEAS

    More Investing Ideas »

    MARKET PERFORMANCE VIA ETFs

    WHERE TO GO NEXT...