LONDON -- After a period of strong rises, the FTSE 100 (FTSEINDICES: ^FTSE ) has retrenched somewhat today, dropping 1.8% to 6,718 points by 7:55 a.m. EDT. But to put that into perspective, it's only four days since the index closed above the 6,700 level for the first time in more than six years. The immediate trigger for today's losses seems to be an overnight 7% fall in Japan's Nikkei index after Asian markets were spooked by weaker Chinese data.
Even with the FTSE falling, there are individual shares that are beating it downward. Here are three from the indexes that are losing today.
Lloyds
After rising yesterday when Lloyds Banking Group reassured the markets that its capital position was strong, the shares have slipped 2.4% today after the bank announced the sale of 77 million shares in St. James's Place at a price of 580 pence per share, raising approximately 拢450 million. After the sale, Lloyds continues to hold 110 million shares, or about 21% of the company.
Top 10 Asian Stocks To Own Right Now: Builders FirstSource Inc.(BLDR)
Builders FirstSource, Inc. engages in the manufacture and supply of structural and related building products for residential new construction primarily in the southern and eastern United States. The company offers prefabricated components, including floor trusses, roof trusses, wall panels, stairs, and engineered wood; and window and door products, such as aluminum and vinyl windows, and pre-hung interior and exterior doors, as well as assembles and distributes interior and exterior door units. It also provides lumber and lumber sheet products comprising dimensional lumber, plywood, and oriented strand board products; millwork products, including interior trim, exterior trim, columns, and posts, as well as custom exterior featured products; and other building products, such as cabinets, gypsum, hardware, composite materials, roofing, and insulation. In addition, the company offers turn-key framing, shell construction, design assistance, and professional installation servic es for products spanning its product categories, as well as provides a range of construction services. It serves customers ranging from production homebuilders to small custom homebuilders. The company was formerly known as BSL Holdings, Inc. and changed its name to Builders FirstSource, Inc. in October 1999. Builders FirstSource, Inc. was founded in 1998 and is based in Dallas, Texas.
Top 10 Asian Stocks To Own Right Now: NetScout Systems Inc.(NTCT)
NetScout Systems, Inc. engages in the design, development, manufacture, marketing, sale, and support of unified service delivery management, service assurance, and application and network performance management solutions worldwide. It offers nGenius Service Assurance Solution, an integrated unified service delivery management platform that provides application and service performance intelligence to enable organizations to assure network and application performance and user experience. This solution?s capabilities include intelligent early warning and service visualization, packet-level forensic analysis, planning and optimization, and service and policy validation, as well as network, application, and service performance management. The company also provides Sniffer Analysis software suite that offers a direct connection to nGenius InfiniStream appliances for forensic analysis and packet data mining to exploit the information contained within network packets; and a view i nto IP network packets revealing granular information about network and application interactions, response time, and latency metrics. In addition, NetScout Systems, Inc. offers Sniffer Portable Analyzer product family that provides portable network and application analysis capabilities for field deployments. The company?s solutions support a range of enterprise information technology operations and are deployed by telecommunication service providers. It markets and distributes its products through direct sales force, as well as through strategic channel partners, including distributors, value added resellers, and systems integrators to financial, healthcare, manufacturing, retail, technology, utilities, education, and the public sectors. The company was founded in 1984 and is headquartered in Westford, Massachusetts.
Advisors' Opinion:- [By Chuck Carlson]
The brokerage likes NetScout's differentiated capabilities in highly instrumented service-aware network monitoring, troubleshooting, and analytics. It believes NetScout's potential market opportunity and focused capabilities can enable the company to take market share and further distinguish itself competitively.
Top 10 Penny Companies To Own For 2014: Banco Latinoamericano de Comercio Exterior S.A. (BLX)
Banco Latinoamericano de Comercio Exterior, S.A. provides trade financing to commercial banks, middle-market companies, and corporations primarily in Latin America and the Caribbean. The company operates in three segments: Commercial, Treasury, and Asset Management. The Commercial segment offers deposits and loans for foreign trade transactions. This segment also provides various products, services, and solutions relating to foreign trade, which include co-financing arrangements, underwriting of syndicated credit facilities, structured trade financing, asset-based financing in the form of factoring, vendor financing and leasing, and other fee-based services, such as electronic clearing services. The Treasury segment offers liquidity management and investment securities activities, including management of interest rate, liquidity, price, and currency risks. The Asset Management segment provides asset management services, including investment advisory services for funds and managed accounts. This division is involved in trading foreign exchange, interest rate swaps, and derivative products. The company was formerly known as Banco Latinoamericano de Exportaciones, S.A. and changed its name to Banco Latinoamericano de Comercio Exterior, S.A. in June 2009. Banco Latinoamericano de Comercio Exterior, S.A. was founded in 1977 and is headquartered in Panama City, the Republic of Panama.
Top 10 Asian Stocks To Own Right Now: Columbia Yukon Explorations Inc (CYU.V)
Columbia Yukon Explorations Inc., an exploration stage company, engages in the exploration and development of mineral properties in Canada. It principally holds interest in the Storie molybdenum property located near the mining camp of Cassiar, British Columbia. The company was founded in 1984 and is based in West Vancouver, Canada.
Top 10 Asian Stocks To Own Right Now: China Great Land Holdings Ltd. (D50.SI)
China Great Land Holdings Ltd., an investment holding company, engages in the manufacture and sale of pre-stressed high strength concrete (PHC) piles, as well as the provision of piling services for construction projects in the People�s Republic of China. Its PHC piles are used in industrial and civil construction primarily in the areas with soft soil near water regions. The company also manufactures and sells aerated concrete, a building material for walls and partitions. It principally serves property developers and government bodies. The company was incorporated in 2003 and is based in Singapore.
Top 10 Asian Stocks To Own Right Now: STARWOOD PROPERTY TRUST INC.(STWD)
Starwood Property Trust, Inc., a real estate investment trust, primarily focuses on originating, investing in, financing, and managing commercial mortgage loans and other commercial real estate debt investments, commercial mortgage-backed securities, and other commercial real estate-related debt investments. It also focuses to invest in commercial properties subject to net leases, residential mortgage loans, and residential mortgage-backed securities. SPT Management, LLC serves as the manager of Starwood Property Trust, Inc. The company qualifies as a real estate investment trust for federal income tax purposes and would not be subject to federal corporate income taxes, if it distributes at least 90% of its taxable income to its stockholders. Starwood Property Trust was founded in 2009 and is headquartered in Greenwich, Connecticut.
Top 10 Asian Stocks To Own Right Now: Teradyne Inc.(TER)
Teradyne, Inc., together with its subsidiaries, provides automatic test equipment products and services worldwide. The company operates in three segments: Semiconductor Test, Systems Test Group, and Wireless Test. The Semiconductor Test segment designs, manufactures, and sells semiconductor test products and services. Its test systems are used for wafer level and device package testing. These chips are used in automotive, communications, consumer, computer, and electronic game applications. This segment provides its products to integrated device manufacturers (IDMs) that integrate the fabrication of silicon wafers into their business; fabless companies, which outsource the manufacturing of silicon wafers; foundries that cater to the processing and manufacturing of silicon wafers; and outsourced sub-assembly and test providers, which offer test and assembly services for the final packaged devices to fabless companies and IDMs. It also provides Magnum test platform that test s memory devices, such as flash memory and dynamic random access memory, as well as offers ETS platform for use by semiconductor manufacturers, and assembly and test subcontractors in the low pin count analog/mixed signal discrete markets. The Systems Test Group segment offers military/aerospace test instrumentation and systems; storage test systems for HDD manufacturers; and circuit-board test and inspection systems for electronics manufacturers of cell phones, servers, computers, Internet switches, automobiles, and military avionics systems. The Wireless Test segment designs, develops, and supports wireless test solutions for developing and manufacturing wireless devices, such as smart phones, tablets, notebooks/laptops, and personal computer peripherals. This segment offers cellular communication solution for verification and calibration of mobile devices; and products for connectivity testing. The company was founded in 1960 and is headquartered in North Reading, Massach usetts.
Advisors' Opinion:- [By Cutler]
The semiconductor sector has been a leader this year, but TER has not participated and belongs to a group of stocks that should be sold.
One reason for its failure is that earnings are expected to fall to $1.38 (recent lower adjustment) this year versus $1.73 last year.
TER was last recommended as a short sale on Aug. 29 at $13. But its outlook has not improved, and a break under the quadruple-bottom at $11 should result in another massive decline. The trading target for TER is $8.
Top 10 Asian Stocks To Own Right Now: Resour (WHY.V)
West High Yield (W.H.Y.) Resources Ltd. engages in the acquisition, exploration, and development of mineral resource properties in Canada. The company focuses on exploring and developing nickel, magnesium, cobalt, magnetite, and gold properties. Its primary properties include Hidden Valley 3, Frank Sr., Midnight, OK, Golden Drip, and IXL crown grants located on the outskirts of the town of Rossland in southeastern British Columbia. The company controls approximately 6,220 contiguous hectares of mineral and crown granted claims. West High Yield (W.H.Y.) Resources Ltd. was founded in 2003 and is based in Calgary, Canada.
Top 10 Asian Stocks To Own Right Now: Worthington Industries Inc.(WOR)
Worthington Industries, Inc. operates as a diversified metals processing company focusing on steel processing and manufactured metal products in the United States, Canada, and Europe. It processes flat-rolled steel and stainless steel for the automotive, construction, lawn and garden, hardware, furniture, office equipment, electrical control, tubing, leisure and recreation, appliance, agricultural, HVAC, container, and aerospace markets. The company also produces low-pressure liquefied petroleum gas and refrigerant gas cylinders; high-pressure and industrial/specialty gas cylinders; seamless steel high pressure cylinders for compressed natural gas storage in motor vehicles; aluminum-lined, composite-wrapped high-pressure cylinders; airbrake tanks; and consumer products. In addition, it produces recovery tanks for refrigerant gases; air reservoirs for truck and trailer original equipment manufacturers; and Balloon Time helium kits. Further, the company designs and manufactu res reusable custom platforms, racks, and pallets made of steel for supporting, protecting, and handling products throughout the shipping process; provides framing systems and stairs for mid-rise buildings, and current and past model automotive service stampings; designs, builds, and supplies light gauge steel framed commercial structures and multi-family housing units; supplies and constructs metal framing products for single family housing with a focus on military housing; and manufactures pre-engineered steel egress stair solutions. Worthington Industries was founded in 1955 and is headquartered in Columbus, Ohio.
Top 10 Asian Stocks To Own Right Now: The AES Corporation(AES)
The AES Corporation, through its subsidiaries, operates as a power company in Latin America, Africa, North America, Europe, the Middle East, and Asia. The company owns and operates two businesses, Generation and Utilities. The Generation business owns and/or operates power plants to generate and sell power to wholesale customers, such as utilities and other intermediaries. It generates electricity through various sources, including coal, gas, fuel oil, biomass, hydroelectric, wind, and solar. The Utilities business owns and/or operates utilities to distribute, transmit, and sell electricity to end-user customers in the residential, commercial, industrial, and governmental sectors. As of December 31, 2010, the company owned electricity generation and distribution facilities with a total capacity of approximately 40,500 megawatts and distribution networks serving approximately 12 million people in 28 countries. The AES Corporation was founded in 1981 and is based in Arlingto n, Virginia.
Advisors' Opinion:- [By Matthews]
Legg Mason had $577 Million of AES stock, which returned 2.9% since mid February 2010. Miller reduced his AES holdings by 11%, according to the latest 13F forms filled at the end of December.
No comments:
Post a Comment