Widows And Orphans Midday Report (7/16/13)
Widows&Orphans's Blog
19 Followers
Please Note: Blog posts are not selected, edited or screened by Seeking Alpha editors.
| Symbol | Company Name | Price | Price Chg. | Price % Chg. | Volume (000) | Volume % Chg. |
| GOLD | Randgold Resources Adr | $67.83 | 3.19 | 5% | 736 | 90% |
| XIN | Xinyuan Real Estate Ads | $4.58 | 0.21 | 5% | 523 | 248% |
| MT | Arcelor Mittal Cl A | $12.27 | 0.19 | 2% | 2,031 | -22% |
| NAT | Nordic Amer Tanker Ltd | $8.53 | 0.12 | 1% | 310 | -2% |
| PBI | Pitney-Bowes Inc | $14.11 | 0.19 | 1% | 1,462 | -5% |
| CSX | C S X Corp | $24.62 | 0.28 | 1% | 2,903 | -2% |
| TOT | Total S A Adr | $50.97 | 0.30 | 1% | 1,158 | 130% |
| VZ | Verizon Communications | $50.24 | 0.28 | 1% | 4,615 | -5% |
| SI | Siemens A G Adr | $108.33 | 0.58 | 1% | 113 | -31% |
| SLRC | Solar Capital Ltd | $24.51 | 0.11 | 0% | 181 | 40% |
| SCCO | Southern Copper Corp | $27.88 | 0.12 | 0% | 474 | -38% |
| BKCC | Blackrock Kelso Cap Corp | $9.77 | 0.04 | 0% | 150 | -39% |
| BRKB | Berkshire Hathaway Cl B | $117.69 | 0.48 | 0% | 1,023 | -40% |
| KCAP | K C A P Financial Inc | $11.01 | 0.04 | 0% | 86 | -41% |
| CAT | Caterpillar Inc | $87.63 | 0.23 | 0% | 2,275 | -9% |
| JPM | J P Morgan Chase & Co | $55.02 | 0.13 | 0% | 11,101 | 14% |
| MSFT | Microsoft Corp | $36.23 | 0.06 | 0% | 16,962 | -9% |
| AAPL | Apple Inc | $428.06 | 0.62 | 0% | 3,762 | -32% |
| HLF | Herbalife Ltd | $52.35 | 0.05 | 0% | 1,424 | 44% |
| LO | Lorillard Inc | $46.26 | 0.01 | 0% | 876 | -38% |
| PSEC | Prospect Capital Corp | $10.97 | -0.01 | 0% | 807 | -35% |
| CTB | Cooper Tire & Rubber Co | $33.65 | -0.05 | 0% | 284 | -71% |
| RSO | Resource Capital Corp | $6.42 | -0.01 | 0% | 183 | -65% |
| MMM | Three M Company | $114.45 | -0.40 | 0% | 807 | -27% |
| VOD | Vodafone Group Plc Adr | $29.34 | -0.11 | 0% | 4,218 | 15% |
| DD | Dupont De Nemours & Co | $54.42 | -0.21 | 0% | 1,208 | -51% |
| V | Visa Inc Cl A | $189.45 | -0.80 | 0% | 855 | -36% |
| ZTR | Zweig Total Return Fund | $12.98 | -0.06 | 0% | 33 | 1% |
| EXG | Eaton V Tx-Mgd Gl Div Eq | $9.66 | -0.06 | -1% | 641 | 35% |
| TWO | Two Harbors Investment | $10.11 | -0.07 | -1% | 1,625 | -50% |
| SKM | S K Telecom Co Ltd Ads | $21.51 | -0.15 | -1% | 519 | -33% |
| GRMN | Garmin Ltd | $36.62 | -0.28 | -1% | 297 | -31% |
| EFC | Ellington Financial | $22.99 | -0.18 | -1% | 26 | -78% |
| CYS | C Y S Investments Inc | $8.67 | -0.07 | -1% | 902 | -36% |
| LMT | Lockheed Martin Corp | $113.45 | -0.92 | -1% | 375 | -51% |
| GE | General Electric Co | $23.42 | -0.21 | -1% | 16,453 | -0% |
| DHY | Credit Suisse Hi Yld Bd | $3.02 | -0.03 | -1% | 393 | 42% |
| TMO | Thermo Fisher Scientific | $87.36 | -0.88 | -1% | 478 | -53% |
| WAC | Walter Investment Mgmt | $35.89 | -0.50 | -1% | 239 | -31% |
| SXL | Sunoco Logistics Ptnr Lp | $63.56 | -0.92 | -1% | 66 | -36% |
| OZM | Och-Ziff Cap Mgmt Cl A | $10.92 | -0.17 | -2% | 141 | -71% |
| MGA | Magna Intl Inc | $72.95 | -1.65 | -2% | 359 | 17% |
| KKR | K K R & Co Lp | $19.99 | -0.54 | -3% | 616 | -41% |
- CAT:
Wait For A Pullback Before Buying Wolverine World Wide - LMT:
U.S. Navy Poised To Launch Lockheed Martin-Built Secure Communications Satellite For Mobile Users - PBI:
A Look At Pitney Bowes - AAPL:
Apple Owns 56% Of The Streaming Devices Market, Roku Second With 21% - VZ:
How Leap Would Fit In Scheme Of Things For AT&T - JPM:
Chase Launches App for iPad Users Looking for a New Pad - GE:
General Electric's (GE -0.7%) GE Healthcare says it's received a European CE marking for SenoClaire, its new breast tomosynthesis solution designed with a three-dimensional imaging technology. SenoClaire uses a low-dose short X-ray sweep around the positioned breast with nine exposures acquired with a "step-and-shoot" method, removing the potential motion from images. The first shipments have begun in Europe, Middle East, Australia and Latin America. - LMT:
Lockheed Martin Announces Second Quarter 2013 Earnings Results Conference Call Webcast - PSEC:
Why These Undervalued High-Yield Stocks Are Worth Buying Now - EFC, TWO:
Two Harbors (TWO +0.1%) tops Credit Suisse's list of mREITs (REM) to own given the new rate environment - considerably more favorable now that the yield curve has steepened. Hybrids in general offer better risk/reward than agency-only names, says CS, which also likes Ellington Financial (EFC is a partnership, not a REIT, but EARN is a REIT and is run by the same team). The analysts also like the specialized business models at Newcastle (NCT), New Residential (NRZ), and PennyMac (PMT). - MSFT:
Move Over Sony And Microsoft - GOLD:
Randgold Resources (GOLD +4.3%) jumps as the firm discloses BlackRock's stake in the company has surpassed the 15% mark. - PBI:
Pitney Bowes Names Bill Hughes Chief Communications Officer - VZ:
AT&T - A Small Acquisition, A Giant Leap For Shareholders - JPM:
In wake of the Libor scandal, Barclays (BCS) hires a new finance director, poaching JPMorgan (JPM) CFO of corporate and investment banking Tushar Morzaria. The move comes after a lengthy search undertaken when current finance director Chris Lucas announced his retirement. Morzaria is expected to join Barclays this fall and get a spot on the board early next year. - MSFT, VOD:
A Real Dividend Growth Machine: Q2 2013 Review - HLF:
Herbalife Strengthens its Nutrition Advisory Board, Welcomes Expert from Taiwan - TMO:
Life Technologies (LIFE) and Germany's Merk KGaA (MKGAF.PK) join up to work together on a broad range of Life instrument platforms and therapeutic areas. The partnership will initially cover a project for oncology. (PR) - GE:
Undervalued Giant Paying Big Yields And Benefiting From Rising Rates - XIN:
Xinyuan Real Estate Co., Ltd. Announces Additional US$60 Million for Share Repurchase - VZ:
Products From Eight Health-IT Vendors First to Receive Certification Under New Program Launched by IHE USA and ICSA Labs - LMT:
Italy's Senate has rejected a proposal to cancel the government's plan to spend €11.8B on Lockheed Martin's (LMT) F-35 fighter jets over 45 years from 2015, although the chamber has agreed that parliament should have to approve any further purchases of the planes. The discussions come amid much bitterness over austerity in Italy, although they may not have much of an impact as President Giorgio Napolitano has said the decision to buy the aircraft rests with the government, not parliament. - AGNC:
American Capital Agency's Upcoming Q2 2013 Book Value Projection (As Of June 30, 2013) - AAPL:
Apple (AAPL) is reportedly in early negotiations to acquire Israel's Prime Sense, whose gesture-control chip technology was used in Microsoft's first-generation Kinect device. The price mentioned is $280M. The talks had started with Apple being interested in buying Prime Sense's products but have morphed into something bigger. - MSFT:
Cramer's Mad Money - Success In The Citi (7/15/13) - AAPL, MSFT:
Could Google Face An Apple-Like Fall? - VOD, VZ:
AT&T (T) responds to T-Mobile USA's (TMUS) Jump smartphone upgrade plan by launching its own monthly installment/early upgrade offering, and Verizon Wireless (VZ, VOD) might not be far behind. AT&T Next lets users pay for devices via 20 monthly installments, and with no activation/upgrade fees. Unlike Jump ($10/month, no contract, 2 upgrades/year) there's no additional monthly fee, but there is a service contract requirement, and a 12-month wait between upgrades. Meanwhile, a leaked Verizon slide suggests the carrier is about to launch VZ Edge, a plan that combines installments with the option to upgrade after a device is 50% paid off. - CSX:
Notable earnings after Tuesday's close: CSX, IBKR, PKG, URI, YHOO - AAPL:
Apple (AAPL) is talking with TV networks and cable providers about a service that would let users skip ads and compensate networks when they do so, sources tell former WSJ reporter Jessica Lessin. However, she adds it isn't clear how the feature would differ from the ad-skipping abilities of DVRs. Bloomberg recently reported of a pending deal to give Time Warner Cable subs the ability to watch via Apple TV. Also: The Korea Economic Daily reports Samsung (SSNLF.PK) will produce Apple's A9 CPU, via a 14nm process, starting in 2015. The report comes shortly after ones stating Apple will tap TSMC (TSM) to make 20nm chips in 2014, and (if true) suggests Apple is going for a dual-supplier strategy. - CSX:
Notable earnings after Tuesday's close: CSX, IBKR, PKG, URI, YHOO - AGNC, CYS:
5 Top Real Estate Dogs Exhibit 30% To 40% June Upside - TMO:
Thermo Fisher Scientific Wins Five R&D 100 Awards - AAPL:
Nokia Gets An Opening As BlackBerry Stumbles: Can Pureview Provide The Momentum? - VZ, AAPL:
More Bad News For Apple - BKCC, GE:
Team Alpha Retirement Portfolio: What To Do When You Don't Know What To Do - RSO:
Resource Capital Corp. to Report Operating Results for Second Quarter 2013 - TWO:
Annaly: A Good Investment To Benefit From Rising Rates? - MSFT:
Microsoft (MSFT) has built a smartwatch prototype, and plans to release versions featuring removable wristbands and a type of aluminum that's 80% transparent, AmongTech reports. The site adds Microsoft's watch will use a custom version of Windows 8, and (thanks to 4G connectivity) won't need to be paired with a smartphone. The Verge, which seems to have a good Redmond source or three (previous), confirms some of the details. The reports come a day after the FT reported Apple is ramping its iWatch hiring, but cautioned the device might not arrive until 2H14. The WSJ reported Microsoft is working on smartwatch designs back in April - JPM:
JPMorgan Chase & Co. (JPM) declares $215.625/share quarterly dividend. Forward yield 1574.48%. For shareholders of record Aug. 2. Payable Sept. 3. Ex-div July 31. (PR) - JPM:
JPMorgan Chase Declares Preferred Stock Dividend - JPM:
Despite margin pressures, Mike Mayo pronounces himself a fan of the big banks after earnings reports and conference calls from C and JPM. Leverage from cost cuts and improving mortgage delinquency trends have him preferring Citi to the Bank of Dimon, but he thinks Morgan Stanley (MS) can double again over the next three years. "They are going to be on the cover of every business magazine in the country." Mayo in May gave a big upgrade to MS after CEO Gorman promised a 10% ROE by 2014. - HLF:
FTC Meeting With Latinos Regarding Herbalife Recruiting - LMT:
Lockheed Martin Delivers Antenna Assemblies For Integration On First GPS III Satellite - AAPL:
Apple's June Quarter Results Dependent On Developing Countries
Disclosure: I am long MMM, AAPL, MT, BRK.B, BKCC, CAT, CTB, DHY, CSX, CYS, DD, EXG, EFC, GRMN, GE, HLF, JPM, KCAP, KKR, LMT, LO, MGA, MSFT, NAT, OZM, PBI, PSEC, GOLD, RSO, SI, SKM, SLRC, SCCO, SXL, TMO, TOT, TWO, VZ, V, VOD, WAC, XIN, ZTR.
Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.