GM said in announcing the spending that more details on the new engine and automatic transmission would be coming later. It likely would be the first 10-speed transmission.
While 6, 7 and 8 speeds increasingly in common use to improve fuel mileage, Jeep and Land Rover just rolled out the first production 9-speed automatics. GM will see that and raise it one with its new gearbox.
The plants getting the upgrades are located in Detroit, Flint and Romulus, Mich.; Toledo, Ohio and Bedford, Ind. and GM says the spending also will create or retain about 1,000 jobs.
While the headline items are the new, more fuel-efficient V-6 and 10-speed transmission, the updates also will support production of an existing 6-speed transmission and pay for plant improvements, including a new paint shop and logistics center, GM says.
Hot Paper Stocks To Invest In 2015: American Capital Ltd.(ACAS)
American Capital, Ltd. is a private equity and venture capital firm specializing in management and employee buyouts, mezzanine, acquisition, recapitalization, middle market, and growth capital investments. The firm seeks to invest in senior debt mezzanine and equity financing for buyouts of private equity firms and direct in private and public companies. It also invests in special situations and in government. In special situations, the firm invests in troubled situations and in distressed situations. In this area, it invests in acquisitions of true turnarounds, 363 auctions, portfolio add-ons, operationally challenged companies; financings in exit, ABL loans, second lien refinance, and direct lending to distressed companies. The firm invests in manufacturing, services, and distribution companies with a special focus on energy sector. In energy production sector, the firm invests in lower risk oil and gas exploration, production and development; natural gas liquids; coal m ining and coal-fired generation; uranium mining and nuclear-fired generation; wind-powered generation; and solar-powered generation. In energy transmission sector, the firm invests in oil and gas pipelines; LNG tankers and regasification facilities; and power transmission. In energy distribution sector, it targets propane distribution; gas distribution; electricity distribution. In energy services sector, the firm invests in oil and gas services and utility services. The firm also targets investments in companies that provide services or products to federal, state or local governments. It seeks to invest in information technology, human resources/benefit administration, outsourcing, transaction processing, engineering and construction, logistics, original equipment manufacturers ? homeland security and component, after market parts and supplies, and technology. It invests as lead or participative investor. The firm and its affiliates invest from $5 million to $300 million pe r company in North America and ?5 million ($6.92520 millio! n) to ?25 million ($34.6260 million) per company in Europe. American Capital, Ltd. was founded in 1986 and is based in Bethesda, Maryland with additional offices in United States, Europe, and Asia.
Advisors' Opinion:- [By BDC Buzz]
FDUS is one of the few BDCs to consistently grow its NAV on a quarterly basis over the last two years. This is because most BDCs are regulated investment companies ("RIC") required to distribute at least 90% of capital gains, dividends and interest to shareholders to avoid taxation at the corporate level and 98% of net investment income to avoid paying a 4% excise tax. Excluding American Capital (ACAS) which converted from a RIC to a Subchapter C and does not pay a dividend, only a few BDCs have been able to pay a healthy dividend while increasing value per share - as discussed in "Triangle Capital: Is It Priced For Total Return?" including Main Street Capital (MAIN) and Triangle Capital (TCAP).
- [By Dividend Growth Investor]
As a dividend investor, I would expect that names in my portfolio in 2042 would likely be different than the names present in 2012. After all, since 2008 I have experienced several cuts in my income portfolio. I had one cut in 2008 (ACAS), two cuts in 2009 (GE, STT), one cut in 2010 (BP) and no cuts in 2011 and 2012. With three months to go in 2013, I have not experienced any dividend cuts either. By maintaining a relatively diversified portfolio consisting of over 40 individual issues, my total dividend income is somewhat immune by dividend cuts or eliminations. If two companies in an equally weighted portfolio of 40 issues completely eliminate dividends but the remaining 38 issues raise distributions by 5%, my dividend income would be unchanged for the year. Assuming that I manage to replace the fallen dividends stocks I sold with fresh income stocks, I might even be able to eke out a gain in total dividend income. Monitoring 40 ��50 positions should not take a lot of time as well. Assuming that investors have done their homework in the initial stage, future time could be allocated reading annual reports and maybe quarterly reports while also performing an annual checkup of their position. I would not expect this to take more than 10 -15 hours/week.
Top Logistics Stocks To Watch For 2014: Level 3 Communications Inc.(LVLT)
Level 3 Communications, Inc. engages in the communications business in North America and Europe. It offers network and Internet services, including transport services, high speed Internet protocol services, dedicated Internet access, virtual private network services, and dark fiber services, as well as managed modem, an outsourced, turn-key infrastructure solution; and colocation services. The company also provides various media services, comprising Vyvx services that provide audio and video feeds over fiber or satellite; content delivery network services; media delivery services to customers seeking to manage, protect, and monetize content delivered over the Internet; a range of local and long distance voice services, such as voice over Internet protocol (VoIP) and traditional circuit-switch based services; and VoIP Enhanced Local, a VoIP service that enables broadband cable operators, IXCs, VoIP providers, and other companies operating their own switching infrastructure to launch IP-based local and long-distance voice services through a broadband connection. Level 3 Communications? media services also consist of SIP Trunking, a VoIP-based local phone service; Local Inbound service that terminates traditional telephone network originated calls to Internet Protocol termination points; Primary Rate Interface, a TDM local phone service that could be configured in various ways; Long Distance services portfolio comprising local and long distance transport and termination services; and Toll Free services portfolio, which terminate toll free calls that are originated on the traditional telephone network. As of December 31, 2010, its network encompassed approximately 68,000 intercity route miles in North America and an intercity network covering approximately 13,000 miles across Europe. Further, it sells coal primarily through long-term contracts with public utilities. The company was founded in 1884 and is headquartered in Broomfield, Colorado.
Advisors' Opinion:- [By Rick Munarriz]
Finally, we have Level 3 Communications (NYSE: LVLT ) besting the pros on the bottom line. Despite posting revenue that dipped slightly sequentially and year over year, the provider of Web-based communications services posted an adjusted loss of just $0.13 a share.
- [By Jayson Derrick]
This morning, Level 3 Communications (NASDAQ: LVLT) reported its second quarter results. The company announced an EPS of $0.37, beating the consensus estimate of $0.30. Revenue of $1.63 billion beat the consensus estimate of $1.60 billion. Net income for the quarter rose to $51 million from a net loss of $24 million in the same quarter a year ago as the company saw its Core Network services revenue grow 6.9 percent to $1.479 billion, as sales grew in Latin America and North America. At the end of the quarter the company noted it had $1.143 billion in differed revenue, up from $1.132 billion at the end of the same quarter a year ago. The company noted that it remains confident in its performance for the rest of the year and reiterated its full year fiscal 2014 outlook. Shares hit new 52-week highs of $49.22 before closing the day at $46.18, up 2.83 percent.
- [By Holly LaFon]
Company Dell Inc. (DELL) Chesapeake Energy (CHK) DirecTV (DTV) Loews (L) Walt Disney (DIS) Aon Plc (AON) The Travelers Companies (TRV) Level 3 Communications (LVLT) FedEx (FDX) Bank of New York Mellon (BK)
Learn more about Mason and his views on the present economy in his second-quarter letter here. See his portfolio here.
Top Logistics Stocks To Watch For 2014: Live Nation Entertainment Inc. (LYV)
Live Nation Entertainment, Inc. operates as a live entertainment company. The company operates through Concerts, Ticketing, Artist Nation, and Sponsorship & Advertising segments. The Concerts segment engages in the promotion of live music events in its owned and/or operated venues, and in rented third-party venues; operation and management of music venues; and production of music festivals. The Ticketing segment operates an agency business that sells tickets for its events and third-party clients across various live event categories through its Websites, telephone services, and ticket outlets. This segment provides ticketing services for arenas, stadiums, amphitheaters, music clubs, concert promoters, professional sports franchises and leagues, college sports teams, performing arts venues, museums, and theaters. The Artist Nation segment offers management services to music artists; sells merchandise associated with musical artists at live performances to retailers and dire ctly to consumers through the Internet; and provides other services to artists. The Sponsorship & Advertising segment offers online advertising services; and online sponsorship programs for corporate clients. As of December 31, 2012, the company owned, operated, or leased 93 entertainment venues and 100 other facilities in North America; and 22 entertainment venues and 82 other facilities internationally. The company was formerly known as Live Nation, Inc. and changed its name to Live Nation Entertainment, Inc. in January 2010. Live Nation Entertainment, Inc. was incorporated in 2005 and is headquartered in Beverly Hills, California.
Advisors' Opinion:- [By Bloomberg]
To spark a bidding contest for World Wrestling Entertainment Inc. (WWE), all Vince McMahon needs to do is wave a "for sale" sign. McMahon, 68, controls the voting power of the $2.3 billion company that's been entertaining spectators with staged fights for decades. The stock is at a record after WWE launched its own subscription streaming network and became the subject of takeover speculation. Should McMahon ever decide he's ready to sell, companies from Comcast Corp. (CMCSA) to Madison Square Garden Co. (MSG) may line up with offers, Albert Fried & Co. and National Alliance Capital Markets said. "What is McMahon's succession plan and who will he pass the keys of the kingdom to?" Robert Routh, an analyst at National Alliance, said in a phone interview. "WWE would be very attractive to many different types of buyers. What they've built can't be recreated. But without McMahon's blessing, it doesn't matter how much somebody is willing to pay for the company." The franchise that thrust Hulk Hogan and The Rock into stardom owns the television shows "Raw" and "Smackdown," which have a dedicated following and command high cable-TV ratings, Vertical Group said. The company, which is hosting its annual WrestleMania event in three weeks, will post its best revenue and profit growth in more than a decade next year, according to analysts' estimates compiled by Bloomberg. Stock Surge The stock has climbed 35 percent this month, in part because of takeover speculation, to close at $30.94 last week. WWE isn't in merger talks, Chief Financial Officer George Barrios said in an interview March 6. A representative for the Stamford, Connecticut-based company, declined to comment last week beyond Barrios' earlier statement. WWE's programs, which air on Comcast's USA and SyFy cable networks, may find a new home by the end of April, Barrios said. He said the company is in discussions on future domestic TV distribution with "multiple parties." It has held distribution tal
Top Logistics Stocks To Watch For 2014: Cloud Security Corp (CLDS)
Cloud Security Corporation, formerly Cloud Star Corporation , incorporated on December 20, 2010, is an information technology services and software company that delivers access to computer desktops and other consumer electron devices from remote locations. Its flagship product, MyComputerKey is a patent-pending technology that provides a secure multi-factor validation system for cloud-based infrastructures and protects data accessed from remote locations worldwide. As of February 29, 2012, it had no revenues. On May 22, 2012, the Company acquired Accend, which is a Nevada corporation.
The product is a custom-designed universal serial bus (USB) keycard programmed to connect via the Internet to users' desktop or server, which provides the user access to files, personalized environments, data, programs and applications. MyComputerKey allows a user to access his or her base computer from different locations utilizing the Internet cloud through a separate computer (the remote computer). MyComputerKey also includes the Company�� own connection software that provides the actual connection between the user�� desktop and the host computer the user is using to connect. This software is supports in all Microsoft-based computers.
Advisors' Opinion:- [By Peter Graham]
Small cap stocks Eyes on The Go Inc (OTCMKTS: AXCG), Quadrant 4 Systems Corp (OTCMKTS: QFOR) and Cloud Security Corp (OTCMKTS: CLDS) were getting attention last week, but all three stocks trended downward on Monday. It should be mentioned that none of these stocks have been overly or heavily paid promotions. So what will these three small cap stocks do on the last trading day of the year and for the rest of this week? Here is a closer look:
Top Logistics Stocks To Watch For 2014: PetroChina Company Limited(PTR)
PetroChina Company Limited produces and distributes oil and gas in the People?s Republic of China. It operates in four segments: Exploration and Production, Refining and Chemicals, Marketing, and Natural Gas and Pipeline. The Exploration and Production segment explores, develops, produces, and markets crude oil and natural gas, oilsands, and coalbed methane. As of December 31, 2010, it had 11,278 million barrels of proved reserves of crude oil; and 65,503 billion cubic feet of proved reserves of natural gas. The Refining and Chemicals segment engages in the refining of crude oil and petroleum products; and production and marketing of petrochemical products, derivative petrochemical products, and other chemical products. This segment?s product line comprises processed crude oil, gasoline, kerosene, diesel, ethylene, synthetic resins, synthetic fiber materials, polymers, synthetic rubber, and urea. The Marketing segment involves in the marketing of refined products and tradi ng businesses. It operated 17,996 service stations. The Natural Gas and Pipeline segment engages in the transmission of natural gas, crude oil, and refined products; and the sale of natural gas. It had a total length of 56,840 kilometers (km) of oil and gas pipelines, including 32,801 km of natural gas pipelines, 14,782 km of crude oil pipelines, and 9,257 km of refined product pipelines. The company was founded in 1988 and is headquartered in Beijing, the People?s Republic of China. PetroChina Company Limited is a subsidiary of China National Petroleum Corporation.
Advisors' Opinion:- [By Jim Jubak]
The auction news isn't good for investors in Brazil's Petrobras (PBR), but it could well be a boon for China and Chinese oil companies such as PetroChina (PTR) and CNOOC (CEO).
- [By MONEYMORNING.COM]
But sticking with nominal values, only one company in the world ever hit the magic $1 trillion mark - PetroChina Company Ltd. (NYSE ADR: PTR), which managed it briefly in its debut on the Shanghai stock exchange in 2007.
- [By MARKETWATCH]
LOS ANGELES (MarketWatch) -- Hong Kong stocks inched lower early Friday, with mainland Chinese banks and energy shares among the weak spots. The Hang Seng Index (HK:HSI) lost 0.1% to 22,824.44, with the Hang Seng China Enterprises Index down 0.4%, even as the Shanghai Composite (CN:SHCOMP) rose 0.1%. Concerns about the fiscal health of the top mainland lenders loomed again over the shares, with Bank of China Ltd. (HK:3988) (BACHY) down 0.9%, Bank of Communications Co. (HK:3328) (BKFCF) 1.3% lower, and China Construction Bank Corp. (HK:939) (CICHF) off 0.7%. In the energy sector, Cnooc Ltd. (HK:883) (CEO) gave up 0.9% after posting a 17% gain in third-quarter revenue but not reporting its profit for the period. Its peers also lost ground, as China Petroleum & Chemical Corp. (HK:386) (SNP) and PetroChina Co. (HK:857) (PTR) fell 1% apiece. On the upside, China Unicom Hong Kong Ltd. (HK:762) (CHU) added 1.6% after announcing a gain of more than 50% for its quarterly profit compared to a year earlier. Rival China Mobile Ltd. (HK:941
Top Logistics Stocks To Watch For 2014: Fluor Corporation(FLR)
Fluor Corporation, through its subsidiaries, provides engineering, procurement, construction, maintenance, and project management services worldwide. Its Oil & Gas segment offers design, engineering, procurement, construction, and project management services to upstream oil and gas production, downstream refining, chemicals, and petrochemicals industries. This segment also provides consulting services comprising feasibility studies, process assessment, and project finance structuring and studies. The company?s Industrial & Infrastructure segment offers design, engineering, procurement, and construction services to the transportation, wind power, mining and metals, life sciences, manufacturing, commercial and institutional, telecommunications, microelectronics, and healthcare sectors. Its Government segment provides engineering, construction, logistics support, contingency response, management, and operations services to the United States government focusing on the Departme nt of Energy, the Department of Homeland Security, and the Department of Defense. The company?s Global Services segment offers operations and maintenance, small capital project engineering and execution, site equipment and tool services, industrial fleet services, plant turnaround services, temporary staffing services, and supply chain solutions. Its Power segment provides engineering, procurement, construction, program management, start-up and commissioning, and operations and maintenance services to the gas fueled, solid fueled, plant betterment, renewables, nuclear, and power services markets. The company also offers unionized management and construction services in the United States and Canada. Fluor Corporation was founded in 1912 and is headquartered in Irving, Texas.
Advisors' Opinion:- [By Editor , ETFChannel.com]
CAT operates in the Construction sector, among companies like Deere (DE) which is up about 0.1% today, and Fluor (FLR) trading lower by about 0.6%. Below is a three month price history chart comparing the stock performance of CAT, versus DE and FLR.
- [By Rich Duprey]
South America has become an unsettled region to mine in. Newmont Mining (NYSE: NEM ) had its Peruvian Conga project brought to a short stop over environmental concerns, while Vale (NYSE: VALE ) recently abandoned an Argentinean project because of the country's policies.�Costs for Pascua-Lama have ballooned over the past decade and now stand at about $8.5 billion, putting it at risk of becoming an albatross around the miner's neck even before the court decision. Barrick even resorted to bringing in engineering specialist Fluor (NYSE: FLR ) to expand the scope of its project management before the court order.
Top Logistics Stocks To Watch For 2014: Lightstream Resources Ltd (LSTMF.PK)
Lightstream Resources Ltd, formerly PetroBakken Energy Ltd., is a Canada-based oil and gas exploration and production company. The Company�� principal operating areas include southeastern Saskatchewan where it targets the Bakken formation and conventional Mississippian reservoirs, central Alberta, where it is focused on the Cardium formation, and north-central Alberta, where it is engaged in exploring for light oil resource plays. In addition, the Company also has land holdings in the Horn River and Montney plays in northeast British Columbia. On December 31, 2012, Petrobank Energy and Resources Ltd. and PetroBakken Energy Ltd. announced the completion of the reorganization. The Reorganization resulted in a newly incorporated company PetroBakken Energy Ltd. (New PetroBakken). Advisors' Opinion:- [By MLP Trader]
Here are the current top five companies in the list:
CompanySymbolEV/BOEPD/NetbackPrice/NAVEV/DACFPinecrest(PNCGF.PK)53564%4.0XLightstream(LSTMF.PK)131753%4.5XNovus(NOVUF.PK)133290%4.1XZargon(ZARFF.PK)138664%5.6XTwin Butte(TBTEF.PK)155885%5.5XOf the larger companies, one that remains obstinately near the top of the list is Lightstream . Lightstream trades at 40% of its book value and a whopping 13.4% yield.
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