Shares of Shire PLC (ADR) (SHPG) collapsed on Wednesday morning after reports that AbbVie Inc (ABBV) is reconsidering its offer to acquire the company.
In July, pharmaceutical company AbbVie announced that it would acquire Ireland based Shire plc (SHPG) for $54.7 billion. Since this deal was made, The Obama administration has cracked down on tax inversion deals. With the policy change, which has made these types of deals less attractive, ABBV is now considering removing its offer.
Best Transportation Stocks To Buy For 2016: Endurance Gold Corp (EDG)
Endurance Gold Corporation (Endurance) is a precious and rare metals exploration, acquisition and development company focused on the mineral properties in North America. The Company�� properties are in the exploration stage. Endurance�� commodity focus is on gold, rare earth, nickel and copper. Endurance�� properties include Bandito property, Fuego Property, Pardo Gold Property, Nechako Gold Property, Rattlesnake - Natrona Gold Property, McCord Gold Property, Vana Gold Property and Elephant Mountain Gold Property. The Company�� other properties in Canada includes BQ-Endurance Property and Virginia Silver Property. The Nechako Gold Property consists of several mineral claims located within the Cariboo Mining Division, West of Quesnel in British Columbia. Rattlesnake-Natrona Gold Project includes 10 properties totaling over 3,840-acres in the Rattlesnake Hills area of Wyoming. During the year ended December 31, 2011, its claims on BQ-Endurance and Virginia Silver properties were expired. Advisors' Opinion:- [By Sue Chang and Saumya Vaishampayan]
Edgen Group Inc. (EDG) �shares jumped 56%. Japan�� Sumitomo Corp. (SSUMY) �on Tuesday agreed to acquire Edgen Group for $12 a share in cash, and the transaction is expected to close by year-end.
- [By Lauren Pollock]
Among the companies with shares expected to actively trade in Tuesday’s session are Diamond Foods Inc.(DMND), Edgen Group Inc.(EDG) and Lexicon Pharmaceuticals Inc.(LXRX)
- [By Monica Wolfe]
Edgen Group (EDG)
Gabelli made his first buy into Egden last week, buying 339,154 shares. The guru bought these shares at $12 per share. He holds 0.78% of the company�� shares outstanding, and his new buy makes him the only guru shareholder with a stake in Edgen Group
Top Forestry Stocks To Buy Right Now: Renishaw PLC (RSW)
Renishaw plc is a metrology company. The Company is engaged in the design, manufacture and sale of advanced precision metrology and inspection equipment together with products for the healthcare sector, including Raman spectroscopy systems, dental systems, molecular diagnostic equipment and neurosurgical products. The Company operates in two segments: metrology and healthcare products. The Company�� metrology segment product include Machine Tool Probe Systems, Co-ordinate Measuring Machine (CMM) products, large scale metrology, fixtures, materials research, styli for probe systems, performance testing products, gauging and position encoders. Its healthcare products include Dental Scanners, Raman Microscopes, Dental CAD Software, Neurosurgical robot, Structural and Chemical Analyser, In situ monitors and Neurosurgical Implantables. Advisors' Opinion:- [By Inyoung Hwang]
Renishaw Plc (RSW) tumbled 5.7 percent to 1,580 pence, its lowest price since Aug. 7. The maker of precision tools said revenue for the quarter ended in September fell to 79 million pounds from 95.9 million pounds in the year-ago period.
Top Forestry Stocks To Buy Right Now: Movado Group Inc. (MOV)
Movado Group, Inc. designs, sources, markets, and distributes fine watches. It operates in two segments, Wholesale and Retail. The company offers its watches under the Coach, Concord, Ebel, ESQ, Scuderia Ferrari, HUGO BOSS, Juicy Couture, Lacoste, Movado, and Tommy Hilfiger brands to jewelry store chains, department stores, independent regional jewelers, licensed partner retail stores, and a network of independent distributors. It is also involved in the after-sales service activities and shipping. In addition, Movado Group, Inc. operates retail outlet stores. As of January 31, 2013, the company operated 34 outlet stores. It operates principally in the United States, the Middle East, Europe, Asia, and the Americas. The company was formerly known as North American Watch Corporation and changed its name to Movado Group, Inc. in 1996. Movado Group, Inc. was founded in 1961 and is headquartered in Paramus, New Jersey.
Advisors' Opinion:- [By Jake L'Ecuyer]
Movado Group (NYSE: MOV) was also up, gaining 9.18 percent to $45.89 after the company reported upbeat Q4 earnings and issued a strong FY15 outlook.
- [By Lisa Levin]
Movado Group (NYSE: MOV) shares reached a new 52-week low of $33.49. Movado's trailing-twelve-month profit margin is 8.48%.
MDC Holdings (NYSE: MDC) shares fell 1.16% to touch a new 52-week low of $25.60. MDC Holdings' PEG ratio is 3.14.
- [By Sean Williams]
The most obvious choice is through Movado Group (NYSE: MOV ) , which uses a combination of electronic and mechanical movements through its collection. With an average price point of $300 through upwards of $2,000 per timepiece, Movado delivers to consumers the perception of a higher-end watch and delivers the sleek statement styling that many upper-income earners are looking for. Not surprisingly, Movado has blown Wall Street's EPS estimates out of the water in each of the past four quarters and attributed its 6% sales growth in the first quarter primarily to increased sales in its "accessible luxury category." Not to be forgotten, Movado also has greater than $5 per share in cash and is debt-free, giving shareholders quite the safety net and allowing Movado the luxury of boosting its dividend should it choose to do so.
Top Forestry Stocks To Buy Right Now: C&J Energy Services Inc (CJES)
C&J Energy Services, Inc., incorporated on December 15, 2010, is a provider of hydraulic fracturing, coiled tubing, wireline and other complementary services with a focus on complex, technically demanding well completions. The Company also manufactures and repairs equipment to fulfill its internal needs and for third-party companies in the energy services industry. The Company operates in three reportable segments: Stimulation and Well Intervention Services, Wireline Services and Equipment Manufacturing.
The Company provides hydraulic fracturing coiled tubing and related well intervention services through its Stimulation and Well Intervention Services segment to oil and natural gas exploration and production companies. On June 7, 2012, the Company acquired Casedhole Holdings, Inc. and its operating subsidiaries, including Casedhole Solutions, Inc.
Stimulation and Well Intervention Services
The Company's Stimulation and Well Intervention Services segment provides hydraulic fracturing and coiled tubing and other well intervention services, with a focus on complex, technically demanding well completions. The Company's customers use the Company's hydraulic fracturing services to enhance the production of oil and natural gas from formations with low permeability, which restricts the natural flow of hydrocarbons. Hydraulic fracturing involves pumping a fluid down a well casing or tubing at sufficient pressure to cause the underground producing formation to fracture, allowing the oil or natural gas to flow more freely. The Company's engineering staff also provides technical evaluation, job design and fluid recommendations for the Company's customers as an integral element of its fracturing service. The Company's engineering staff also provides technical evaluation, job design and fluid recommendations for the Company's customers as an integral element of its fracturing service.
Wireline Services
The Company's Wireline Services segment p! rovides cased-hole wireline and other complementary services. Its services includes logging, perforating, pipe recovery, pressure testing and pumpdown services, which are critical throughout a well's life cycle.
Equipment Manufacturing
The Company's Equipment Manufacturing segment constructs oilfield equipment, including hydraulic fracturing pumps, coiled tubing units, pressure pumping units and other equipment for the Company's Stimulation and Well Intervention Services and Wireline Services segments as well as for third-party customers in the energy services industry. This segment also provides equipment repair services and oilfield parts and supplies to the energy services industry and to meet the Company's own internal needs.
The Company competes with Halliburton, Schlumberger, Baker Hughes, Weatherford International, RPC, Inc., Pumpco, an affiliate of Superior Energy Services, Frac Tech, Stewart & Stevenson, Enerflow Industries Inc., United Engines Manufacturing, Dragon Products and National Oilwell Varco, Inc.
Advisors' Opinion:- [By Lee Jackson]
C&J Energy Services Inc. (NYSE: CJES) undertook an aggressive expansion plan for 2013. That strategy culminated in several deals during the fourth quarter and further plans for 2014. The domestic hydraulic fracturing specialist has spent the past couple of years expanding the business line and, surprisingly, building new equipment. Now with natural gas inventories plunging to five-year lows, C&J Energy is positioned to take advantage of a market where utilization is already firming. Jefferies price target holds steady at $28, and the consensus estimate is $25. Shares closed Friday at $24.50.
- [By Roberto Pedone]
One oil and gas equipment and services player that insiders are active in here is C&J Energy Services (CJES), which provides hydraulic fracturing, coiled tubing, wireline, and other complementary services to oil and gas exploration and production companies in the U.S. Insiders are buying this stock into major weakness, since shares have dropped sharply lower over the last three months by 34%.
C&J Energy Services has a market cap of $1 billion and an enterprise value of $1.3 billion. This stock trades at a cheap valuation, with a trailing price-to-earnings of 19.8 and a forward price-to-earnings of 9.9. Its estimated growth rate for this year is 10.7%, and for next year it's pegged at 42.2%. This is not a cash-rich company, since the total cash position on its balance sheet is $20.30 million and its total debt is $345.85 million.
A director just bought 340,887 shares, or about $6.38 million worth of stock, at $18.69 per share.
From a technical perspective, CJES is currently trending below both its 50-day and 200-day moving averages, which is bearish. This stock has recently started to rebound higher off its new 52-week low of $16.66 a share. That rebound is now starting to push shares of CJES within range of triggering a near-term breakout trade.
If you're bullish on CJES, then I would look for long-biased trades as long as this stock is trending above its new 52-week low of $16.66 and then once it breaks out above some key near-term overhead resistance at $19.86 a share with high volume. Look for a sustained move or close above that level with volume that hits near or above its three-month average action of 1.41 million shares. If that breakout hits soon, then CJES will set up to re-test or possibly take out its next major overhead resistance levels $21.66 to its 50-day moving average of $23.63 a share.
Must Read: Can These 22 New Restaurant Foods and Drinks Feed Investors Too?
Top Forestry Stocks To Buy Right Now: Cohu Inc.(COHU)
Cohu, Inc. engages in the development, manufacture, sale, and servicing of test handling and burn-in related equipment, and thermal sub-systems for the semiconductor industry worldwide. The company operates in three segments: Semiconductor Equipment, Microwave Communication Systems, and Video Cameras. The Semiconductor Equipment segment develops, manufactures, and sells pick-and-place semiconductor test handlers, burn-in related equipment, and thermal sub-systems to semiconductor manufacturers and semiconductor test subcontractors. It also develops, manufactures, and sells gravity-feed and test-in-strip semiconductor test handling equipment used in final test operations. The Microwave Communication Systems segment develops, manufactures, and sells microwave communications equipment, antenna systems, and associated equipment, which are used in the transmission of video, audio, and telemetry. These products have applications in unmanned aerial vehicles, law enforcement, secu rity and surveillance, and electronic news gathering. Its customers include government agencies, law enforcement and public safety organizations, unmanned air vehicle program contractors, television broadcasters, entertainment companies, professional sports teams, and other commercial entities. The Video Cameras segment develops, manufactures, and sells closed circuit video or CCTV cameras, equipment, and systems for security, surveillance, and traffic monitoring. It also offers accessories, which include monitors, lenses, and camera test equipment. This segment serves end-users, government agencies, original equipment manufacturers, contractors, and value-added resellers. Cohu, Inc. markets its products through direct sales force and independent sales representatives. The company was formerly known as Cohu Electronics, Inc. and changed its name to Cohu, Inc. in 1972. Cohu, Inc. was founded in 1947 and is based in Poway, California.
Advisors' Opinion:- [By John Udovich]
Small cap stocks Vimicro International Corporation (NASDAQ: VIMC), Cohu, Inc (NASDAQ: COHU) and View Systems Inc (OTCBB: VSYM) are also surveillance and security stocks because they�also offer products that can be used to keep an eye on us���for better or for worst. After all and go to any public space (whether its a shopping mall, entertainment venue or even a street corner), you will probably see (or maybe not see) some sort of security or surveillance equipment. With that in mind, here is a look at three small cap surveillance and security stocks you may have overlooked:
Top Forestry Stocks To Buy Right Now: GSI Group Inc.(GSIG)
GSI Group Inc. designs, develops, manufactures, and sells laser-based solutions, laser scanning devices, and precision motion and optical control technologies worldwide. The company?s Laser Products segment provides lasers and laser-based systems for photonics-based applications, such as cutting, welding, marking, engraving, micro-machining, and scientific research. Its Precision Motion and Technologies segment designs, manufactures, and markets air bearing spindles, encoders, thermal printers, laser scanning devices, and light and color measurement systems to original equipment manufacturers. The company?s Semiconductor Systems segment offers laser based production systems for semiconductor, microelectronics, and electronics manufacturing. This segment?s products comprise WaferRepair for dynamic random access memory, flash memory chips, and LCDs; WaferMark for silicon suppliers and integrated circuit factories; and WaferTrim and Circuit Trim for analog and mixed signal sensor and chip resistor devices, as well as for resistor devices. The company sells its products primarily through direct sales force, resellers, distributors, and system integrators. It serves industrial, electronics, automotive, medical, packaging, aerospace, scientific, semiconductor, lighting, military, and motion picture markets. The company was formerly known as GSI Lumonics Inc. and changed its name to GSI Group Inc. in 2005. GSI Group Inc. was founded in 1970 and is based in Bedford, Massachusetts.
Advisors' Opinion:- [By Eric Volkman]
Electro Scientific Industries (NASDAQ: ESIO ) has a new division under its corporate wing. The company has inked a definitive agreement to purchase the semiconductor systems unit of GSI Group (NASDAQ: GSIG ) . The terms of the deal were not disclosed.
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