Second Quarter Results Come In On Target
While there were some line by line deviations relative to estimates, CSX came in basically as expected for the second quarter, which will likely give investors a bit more confidence about the upcoming earnings from other railroads like Norfolk Southern (NYSE:NSC), Union Pacific (NYSE:UNP), and Kansas City Southern (NYSE: KSU).
SEE: A Primer On The Railroad Sector
5 Best Industrial Conglomerate Stocks To Watch For 2016: Axxess Unlimited Inc (AXXU)
Axxess Unlimited, Inc., incorporated on June 8, 2000, is the holding company for the Axxess family of companies. The Axxess family of companies includes both vertically-integrated operating businesses and horizontally-integrated companies with each supported by a common software technology - the Axxess RISE Platform. The Company provides next-generation business intelligence for a range of businesses and organizations. It provides information-driven business solutions through interactive marketing, interactive technologies, application and product development, customer relationship management, business intelligence, portals and collaboration, and infrastructure solutions. Its companies include Axxess Digital (AxxuD), Axxess Apps (AxxuA) and Axxess Brands (AxxuB).
Axxess Digital
AxxuD is an interactive digital agency company. The Company relies on the core logic of the Axxess Unlimited RISE platform.
Axxess Apps
AxxuA is a software development company. The focus of AxxuA includes: enterprise applications, custom applications, cloud applications and mobile applications. The Company has software-as-a-service (SaaS) solutions and custom and mobile products available in the government services, automobile dealership, medical and consumer goods sectors.
Axxess Brands
AxxuB is a marketer and manufacturer of specialty brands in better-for-you and indulgent categories under a variety of Company owned and licensed brand names. AxxuB licenses brands and provides outsource management.
Advisors' Opinion:- [By James E. Brumley]
A week and a half ago, yours truly penned some bullish thoughts on Axxess Unlimited Inc. (OTCMKTS:AXXU). Not too many traders read that take, and/or if they did, they didn't seem to care. The response to the commentary was non-existent (good or bad), and there was no sudden rush to go out and buy AXXU. Today's second look may have a different outcome.
- [By CRWE]
Last Friday, WIZD remained (0.00%) +0.000 at $.200 at the close (ref. google finance August 23, 2013 ��Close).
Axxess Unlimited, Inc. previously reported the second quarter 2013 financial results for the period ending June 30, 2013.
Second quarter 2013 compared to second quarter 2012 results included:
Total Revenues up 330% to $272,775 compared to $63,392
Gross Profit grew 1076% to $193,961 compared to loss of $19,876
Operating Expenses were up 97% as the company continued to invest in R&D and channel rollout for Axxess products and technology.
Operating Net Income increased 103% to $3,118 compared to loss of $116,773
Six-month period 2013 compared to six-month period 2012 results included:Total Revenues up 305% to $518,485 compared to $128,161
Gross Profit grew 1212% to $352,532 compared to $26,868
Operating Expenses were up 80%
Operating Net Income increased 96% to a loss of $6,551 compared to a loss of $172,982
Top Railroad Companies To Watch In Right Now: In-Touch Survey Systems Ltd (INX)
In-Touch Survey Systems Ltd. is engaged in designing, developing and implementing of data capture technologies and services for business to consumer (B2C) companies. The Company does business as Service Intelligence, In-Touch Insight Systems and IMS division. In-Touch Insight Systems (EDC) develops managed mobile software technology and services for business to consumer (B2C), business to business (B2B), governments and regulators. In-Touch has developed a software platform, In- Touch Apps that provides for the development of data collection programs, mobile forms creations and real-time online reporting for its customers. Service Intelligence (MDC) provides onsite audit and Mystery Shopping services to B2C companies in Canada and the United States. The IMS division, which provides enterprise software engineering services to the Canadian Federal Government. Advisors' Opinion:- [By Henry Lee]
After hitting a fresh high of nearly 1900 on April 4, the S&P 500 (INX) closed last Friday at 1816 ��a 4.3% drop in just one week. We��e seen a bit of a rebound, but the worst week in two years rattled investors. Nasdaq (IXIC) got close to a 10% drop from its March high, which would make it an official ��orrection����a nice word that masks the pain many investors are feeling.
Top Railroad Companies To Watch In Right Now: Coffee Holding Co. Inc.(JVA)
Coffee Holding Co., Inc. engages in manufacturing, roasting, packaging, marketing, and distributing roasted and blended coffees in the United States and Canada. The company offers three categories of products: wholesale green coffee, private label coffee, and branded coffee. The wholesale green coffee product category consists of unroasted raw beans imported from worldwide that are sold to roasters and coffee shop operators in approximately 90 varieties. The private label coffee product category includes coffee roasted, blended, packaged, and sold under the specifications and names of others. As of October 31, 2010, the company supplied private label coffee under approximately 34 different labels to wholesalers and retailers in cans, brick packages, and instants in various sizes. The branded coffee product category comprises coffee roasted and blended to the company's own specifications and offered under its seven brand names in various segments of the market. The company also offers other products, including trial-sized mini-brick coffee packages; specialty instant coffees; instant cappuccinos and hot chocolates; and tea line products. Its coffee brands include Cafe Caribe, S&W, Cafe Supremo, Don Manuel, Fifth Avenue, Via Roma, IL CLASSICO, and Entenmann. Coffee Holding Co., Inc. markets its private label and wholesale coffee through trade shows, industry publications, face-to-face contacts, internal sales force, and non-exclusive independent food and beverage sales brokers, as well as through its Web site, coffeeholding.com. The company was founded in 1971 and is headquartered in Staten Island, New York.
Advisors' Opinion:- [By James E. Brumley]
What do you get when you cross a Coffee Holding Co., Inc. (NASDAQ:JVA) with a Medical Marijuana Inc. (OTCMKTS:MJNA) and a Kraft Foods Group Inc. (NASDAQ:KRFT)? No, it's not a setup for a punch line - there's a legitimate answer. And that answer is, Latteno Food Corp. (OTCMKTS:LATF).
Top Railroad Companies To Watch In Right Now: Western Asset Global Partners Income Fund Inc. (GDF)
Western Asset Global Partners Income Fund Inc. operates as a close-ended fixed income mutual fund launched and advised by Legg Mason Partners Fund Advisor, LLC. The fund is sub-advised by Western Asset Management Company. It primarily invests in the fixed income markets across the globe. The fund invests in high-yield U.S. and non-U.S. corporate debt securities and high-yield foreign sovereign debt securities. It benchmarks the performance of its portfolio against the Lehman Brothers U.S. Corporate High Yield 2% Issuer Cap Index and the JPMorgan Emerging Markets Bond Index Global Index. The fund was formerly known as Salomon Brothers Global Partners Income Fund Inc. Western Asset Global Partners Income Fund was founded in 1993 and is based in the United States.
Advisors' Opinion:- [By Chuck Carnevale]
Our first example looks at Vectren Corp.�� historical earnings, a utility with a 15-year historical earnings growth rate that is below our 3% threshold established in Part 1. Note that fair valuation is calculated using Graham Dodd�� Formula (GDF) deriving a fair value PE of 13.8 (slightly below, but close to our PE 15 standard). However, a normal PE of 16 has been historically applied by Mr. Market. Therefore, valuation falls between a PE of 13.8 to 16, or well within a range of normalcy.
Top Railroad Companies To Watch In Right Now: Cliffs Natural Resources Inc (CLV)
Cliffs Natural Resources Inc. is an international mining and natural resources company. The Company is an iron ore producer and a producer of metallurgical coal. The Company�� operations are organized according to product category and geographic location: U.S. Iron Ore, Eastern Canadian Iron Ore, North American Coal, Asia Pacific Iron Ore, Asia Pacific Coal, Latin American Iron Ore, Ferroalloys, and its Global Exploration Group. The Company operates in four segments: U.S. Iron Ore, Eastern Canadian Iron Ore, North American Coal and Asia Pacific Iron Ore. In the United States, it operates five iron ore mines in Michigan and Minnesota, five metallurgical coal mines located in West Virginia and Alabama and one thermal coal mine located in West Virginia. It also operates two iron ore mines in Eastern Canada that primarily provide iron ore to the seaborne market for Asian steel producers. Its Asia Pacific operations include two iron ore mining complexes in Western Australia, serving the Asian iron ore markets with direct-shipping fines and lump ore, and a 45% interest in a coking and thermal coal mine located in Queensland, Australia. In Latin America, it has a 30% interest in Amapa, a Brazilian iron ore project, and in Ontario, Canada, it has a chromite project in the pre-feasibility stage of exploration. On May 12, 2011, the Company completed the acquisition of Consolidated Thompson Iron Mining Limited.
U.S. Iron Ore and Eastern Canadian Iron Ore
The Company is a global iron ore producer, primarily selling production from U.S. Iron Ore to integrated steel companies in the United States and Canada, and production from Eastern Canadian Iron Ore to the seaborne market for Asian steel producers. The Company manages and operates five iron ore mines located in Michigan and Minnesota and two iron ore mines in Eastern Canada. As of December 31, 2011, the United States-based mines and one of the mines in Eastern Canada had an annual rated capacity of 38.5 million gross tons of iron or! e pellet production. The second iron ore mine that the Company manages and operates in Eastern Canada had an annual rated capacity of 8.0 million gross tons of iron ore concentrate as of December 31, 2011. During the year ended December 31, 2011, the Company produced a total of 31.0 million tons of iron ore pellets at U.S. Iron Ore, including 23.7 million tons for its account and 7.3 million tons on behalf of steel company partners of the mines.
At Eastern Canadian Iron Ore, it produced a total of 6.9 million metric tons of iron ore pellets and concentrate during 2011, with concentrate production measured from the date of its acquisition of Consolidated Thompson in 2011. The Company produces various grades of iron ore pellets, including standard, fluxed and high manganese, for use in its customers��blast furnaces as part of the steelmaking process. As of December 31, 2011, it had approximately 1.2 million tons of pellets, respectively, in inventory at lower lakes or customers��facilities. During 2011, the Company sold 24.2 million tons of iron ore pellets, respectively, from its share of the production from the Company�� U.S. Iron Ore mines. Its Eastern Canadian Iron Ore revenues are derived from sales of iron ore pellets and concentrate to the seaborne market for Asian steel producers. The iron ore pellets produced by Eastern Canadian Iron Ore are sold to various customers. During 2011, the Company sold 7.4 million metric tons of iron ore pellets and concentrate, respectively, from its Eastern Canadian Iron Ore mines.
North American Coal
The Company owns and operates five metallurgical coal mines located in West Virginia and Alabama and one thermal coal mine located in West Virginia that had a rated capacity of 9.4 million tons of production annually in 2011. In 2011, the Company sold a total of 4.2 million tons. North American Coal�� metallurgical coal production is sold to global integrated steel and coke producers in Europe, Latin America and North Am! erica, an! d its thermal coal production is sold to energy companies and distributors in North America and Europe.
Asia Pacific Iron Ore
The Company�� Asia Pacific Iron Ore operations are located in Western Australia and include its wholly owned Koolyanobbing complex and its 50% interest in Cockatoo Island. Production in 2011, was 8.9 million metric tons. These two operations supply a total of three direct-shipping export products to Asia via the global seaborne trade market. Koolyanobbing produces a standard lump and fines product. Cockatoo Island produces a single premium fines product. The lump products are directly fed to blast furnaces, while the fines products are used as sinter feed. Koolyanobbing is a collective term for the operating deposits at Koolyanobbing, Mount Jackson and Windarling. There are approximately 60 miles separating the three mining areas. Cockatoo Island is located off the Kimberley coast of Western Australia, approximately 1,200 miles north of Perth Cockatoo Island produces a single high-grade iron ore product known as Cockatoo Island Premium Fines. During 2011, it sold 8.6 million metric tons of iron ore from its Western Australia mines.
The Company competes with ArcelorMittal Mines Canada, U.S. Steel Canada Inc., Alpha Natural Resources, Inc., Patriot Coal Corporation, CONSOL Energy Inc., Arch Coal, Inc., Walter Energy, Inc., Peabody Energy Corp. Anglo, BHP and Fortescue Metals Group Ltd., Rio Tinto plc, Vale, BHP, Teck Resources Limited and Xstrata plc.
Advisors' Opinion:- [By Henry Nyce]
Cliffs Natural Resources (CLV) closed at $18.55 yesterday. At that price CLV offers 10.5% per share. Originally offered at $25.00 per share, CLV can now be purchased well below the offering price. It is designed to pay distributions of 7.00% per annum ($1.75 per annum or $0.4375 per quarter) to be paid quarterly on 2/1, 5/1, 8/1 & 11/1 to holders of record on the immediately preceding 1/15, 4/15, 7/15 & 10/15 respectively.
Top Railroad Companies To Watch In Right Now: StealthGas Inc.(GASS)
StealthGas Inc., a ship-owning company, through its subsidiaries, provides international seaborne transportation services worldwide. The company transports petroleum gas products in liquefied form, including propane, butane, butadiene, isopropane, propylene, and vinyl chloride monomer. It also transports refined petroleum products, such as gasoline, diesel, crude oil, fuel oil, jet fuel, edible oils, and chemicals. As of January 9, 2012, the company had a fleet of 33 liquefied petroleum gas (LPG) carriers with a total capacity of 153,088 cubic meters, 3 medium range product tankers, and 1 Aframax oil tanker. It serves LPG producers comprising national and independent energy companies, energy traders, and industrial users. StealthGas Inc. was founded in 2004 and is headquartered in Athens, Greece.
Advisors' Opinion:- [By Eric Volkman]
StealthGas (NASDAQ: GASS ) has ambitions to raise $100 million from the capital markets. The company put a price tag on its upcoming public share flotation, and upped the volume in the process -- 10 million shares are to be sold, as opposed to the originally planned 8 million, and they will be priced at $10.00 apiece.
- [By Sally Jones]
StealthGas Inc. (GASS) - Yield 0.00%
StealthGas Inc. is up 38% over 12 months. The current share price is around $9.40, down 11% since John Keeley made a new buy as of June 30, 2013.
No comments:
Post a Comment