Monday, March 16, 2015

Best Regional Bank Stocks To Own Right Now

Before Thursday’s opening bell, regional bank BB&T Corporation (BBT) reported higher first quarter earnings. Despite the increase in earnings, the company was unable to exceed analysts’ expectations.

BBT’s Earnings in Brief

BBT posted first quarter earnings of�$501 million, or 69 cents per share, up from�$210 million, or 29 cents per share, a year ago. Analysts expected to see earnings of 70 cents per share. Revenue for the quarter was�$2.29 billion, down from $2.46 billion last year and below analysts’ estimate of $2.31 billion. The bank reported that its loan portfolio rose 1.7% from the Q1 of last year.

CEO Commentary

Top Medical Stocks To Invest In 2015: RBC Bearings Incorporated(ROLL)

RBC Bearings Incorporated manufactures and markets engineered precision plain, roller, and ball bearings primarily in North America, Europe, and Latin America. It operates in four segments: Plain Bearings, Roller Bearings, Ball Bearings, and Others. The Plain Bearings segment produces plain bearings with self-lubricating or metal-to-metal designs, including rod end bearings, spherical plain bearings, and journal bearings that are primarily used to rectify misalignments in various mechanical components. The Roller Bearings segment provides tapered roller bearings, needle roller bearings, and needle bearing track rollers and cam followers, which are anti-friction products that utilize cylindrical rolling elements. The Ball Bearings segment specializes in high precision aerospace, airframe control, thin section, and industrial ball bearings that utilize high precision ball elements to reduce friction in high speed applications. The Other segment consists of precision mechanic al components, which are used in various general industrial applications; and machine tool collets that are used for holding circular or rod-like pieces in a lathe or other machine. It serves construction and mining, oil and natural resource extraction, heavy truck, packaging, and semiconductor machinery; and aerospace and defense markets. The company offers its products through direct sales force and a network of industrial and aerospace distributors. RBC Bearings Incorporated is headquartered in Oxford, Connecticut.

Advisors' Opinion:
  • [By Stephen Simpson, CFA]

    This is a logical deal for SKF on multiple fronts. For starters, Kaydon will meaningfully expand the company's U.S. presence - something it could have done on its own eventually, but certainly not without spending money. With that, there is the possibility of using Kaydon's existing U.S. footprint to sell more SKF products and further trouble rivals like RBC Bearings (ROLL) and ITT (ITT).

Best Regional Bank Stocks To Own Right Now: Anglo American PLC (AAUKY.PK)

Anglo American plc (Anglo American), incorporated on May 14, 1998, is a mining company. The Company�� portfolio include Bulk commodities which consists of iron and manganese, metallurgical coal and thermal; base metals, which consists of copper, nickel and niobium; Precious metals and minerals, which include platinum and diamonds and Other Mining and Industrial. The Company operates in Africa, Brazil, Chile, North and South America, Australia, China, India, Japan, other Asia and Europe. In November 2013, Anglo American PLC announced the completion of its sale of the Amapa iron ore operation in Brazil (Amapa) to Zamin Ferrous Ltd. In January 2014, Anglo American completed the acquisition of Mineral Technology Exploration Production SA (MINTEP) and Societe Miniere d'Alumine SA.

Iron and Manganese

The Company�� Iron Ore portfolio consist a 69.7% holding in Kumba Iron Ore Limited (Kumba), a supplier of seaborne iron ore, and Iron Ore Brazil�� 100% interest in Anglo Ferrous Minas-Rio, a 49% shareholding in LLX Minas-Rio, which owns the port of Acu, and a 70% interest in the Amapa iron ore system. During the year ended December 31, 2012, Kumba operated three mines: Sishen Mine in the Northern Cape, which produced 33.7 million tons (MT) of iron ore, Thabazimbi Mine in Limpopo, with an output of 0.8 MT and Kolomela mine, also in the Northern Cape and produced 1.5 MT. During 2011, Kumba exported more than 85% of its total iron ore sales volumes of 44.4 million tons, with 69% of these exports destined for the People�� Republic of China and the remainder to Europe, Japan, South Korea and the Middle East. Its Minas-Rio iron ore project is located in the states of Minas Gerais and Rio de Janeiro.

The Company�� Manganese interests consist of a 40% holding in Samancor Holdings, which owns Hotazel Manganese Mines and Metalloys, both in South Africa, and a 40% holding in each of the Australian-based operations Groote Eylandt Mining Company (GEMCO) and Tasmanian Electro ! Metallurgical Company (TEMCO), with BHP Billiton owning 60% and having management control. It is producer of seaborne manganese ore and is top three global producers of manganese alloy. Its operations produce a combination of ores, alloys and metal from sites in South Africa and Australia.

Metallurgical Coal

The Company�� coal operations in Australia are based on the east coast, from where Metallurgical Coal serves a range of customers throughout Asia and the Indian subcontinent, and Europe and South America. Its metallurgical coal operation in Canada, Peace River Coal, mainly serves customers in Europe, Japan and South America. Metallurgical Coal operated six mines, one wholly owned and five in which it has a controlling interest. Five of the mines are located in Queensland�� Bowen Basin: Moranbah North (metallurgical coal), Capcoal (metallurgical and thermal coal), Foxleigh (metallurgical coal), Dawson (metallurgical and thermal coal) and Callide (thermal coal). Drayton mine (thermal coal) is in the Hunter Valley in New South Wales. Moranbah North is an underground longwall mining operation with a mining lease covering 100 square kilometers.

Capcoal operates two longwall underground mines and an open cut mine. Together, they produce around 5.0 MT annually of hard coking coal, pulverised coal injection (PCI) and thermal coal. Capcoal also supplies methane-rich seam gas to Energy Developments Limited�� power station. Foxleigh is an open cut operation with an annual output exceeding 1.4 million tons of PCI coal. During 2012, Dawson, which is an open cut operation, produced 4.6 MT total of coking and thermal coal. During 2012, Capcoal operates two underground mines and an open cut mine. Together, they produced around 6.0 Mt of hard coking, pulverised coal injection (PCI) and thermal coals. During 2012, Foxleigh is an open cut operation which produced 1.9 Mt of high quality PCI coal.

Thermal Coal

Thermal Coal operates in South Africa a! nd and is! a joint partner in Cerrejon, Colombia. In South Africa, Thermal Coal wholly owns and operates nine mines and has a 50% interest in the Mafube colliery and Phola washing plant. During 2012, six of the mines supplied 23 million tons per annum of thermal coal to both export and local markets. New Vaal, New Denmark and Kriel collieries are domestic product operations supplying 29 million tons per annum of thermal coal to Eskom, the state-owned power utility. During 2012, Isibonelo mine produced five million tons per annum of thermal coal for Sasol Synthetic Fuels, the coal to liquids producer, under a 20 year supply contract. Thermal Coal�� South African operations route all export thermal coal through the Richards Bay Coal Terminal (RBCT), in which it has a 24.2% shareholding, to customers throughout the Med-Atlantic and Asia-Pacific regions. Within South Africa, 62% of total sales tons are made to the Eskom power utility.

Copper

The Company has interests in six copper operations in Chile. The wholly owned operations consists of the Mantos Blancos and Mantoverde mines, and it hold a 50.1% interest in Anglo American Sur (AA Sur), which includes the Los Bronces and El Soldado mines and the Chagres smelter. It has a 44% interest in the Collahuasi mine. The mines also produce associated by-products, such as molybdenum and silver. In addition, it has interests in Quellaveco and Michiquillay projects in Peru and a 50% interest in the Pebble project in Alaska.

Nickel

Nickel has three ferronickel operations: Codemin and Barro Alto in Brazil and Loma de Niquel in Venezuela. Within the

business unit�� portfolio there are also two projects, Jacare and Morro Sem Bone, both in Brazil, and exploration projects in Finland, Canada and Australia.

Platinum

The Company�� Platinum business, based in South Africa, is the producer of platinum. Platinum mines, processes and refines the entire range of platinum group metals (PGMs): platin! um, palla! dium, rhodium, ruthenium, iridium and osmium. Base metals such as nickel, copper and cobalt sulphate are secondary products and are contributors to earnings. Platinum�� operations exploit reserve of PGMs, known as the Bushveld Complex, which contains PGMbearing Merensky, UG2 and Platreef ores. During the year ended December 31, 2012, Platinum wholly owns 10 mining operations in production, a tailings re-treatment facility, three smelters, a base metals refinery and a precious metals refinery. Concentrating, smelting and refining of the output are undertaken at Rustenburg Platinum Mines��(RPM) metallurgical facilities. During 2012, Platinum�� 100% owned mining operations consists of the five mines at Rustenburg Section: Khomanani, Bathopele, Siphumelele, Thembelani and Khuseleka; Amandelbult Section�� two mines, Tumela and Dishaba, as well as Mogalakwena and Twickenham mines. Union Mine is 85% held with a black economic empowerment (BEE) partner, the Bakgatla-Ba-Kgafela traditional community, holding the remainder. The Unki mine in Zimbabwe is wholly owned.

Diamonds

The Company�� diamond interests are represented by its 40% holding in De Beers. The other shareholders in De Beers are Central Holdings Ltd, which owns 40%, and the Government of the Republic of Botswana (GRB) with 15%. De Beers is a diamond company producing diamonds from its mines in Botswana, Canada, Namibia and South Africa. As of December 31, 2012, De Beers held a 50% interest in Debswana Diamond Company and in Namdeb Diamond Corporation. In addition, De Beers has a 74% holding in South African based De Beers Mines Limited. De%Beers owns 100% of De%Beers Canada. De%Beers owns 100% of The Diamond Trading Company (DTC). De Beers, through Element Six Technologies, is a supplier of industrial supermaterials. Element Six operates internationally, with 10 manufacturing sites globally and a global sales network.

Advisors' Opinion:
  • [By Ben Kramer-Miller]

    The Pebble Project is an enormous potential mine in Alaska containing mostly copper, and some gold and molybdenum. The project is owned by the Pebble Partnership, of which Northern Dynasty Minerals owns half, while Anglo American (AAUKY.PK) owns the other half.

Best Regional Bank Stocks To Own Right Now: Imagination Technologies Group PLC (IGNMF.PK)

Imagination Technologies Group plc is engaged in multimedia and communication technologies. The Company operates in two segments: Technology business and the Pure business. The Company�� Technology business segment is engaged in the development of embedded graphics, video, display and multi-threaded processor and multi-standard broadcast receiver and connectivity technologies for licensing to semiconductor companies for incorporation into silicon devices. The Company�� Pure business segment is engaged in the development and marketing of consumer products to showcase the technologies of the Technology business and to develop markets for such technologies. In March 2012, Toumaz Ltd completed the exchange of Imagination Technologies Group plc's interest in Toumaz Ltd�� Toumaz Microsystems subsidiary. In February 2013, it acquired the operating business and certain patent properties of MIPS Technologies, Inc. Advisors' Opinion:
  • [By Ashraf Eassa]

    However, I expect that Intel is at risk of having a significant marketing problem trying to sell a dual core product into a world of quad core phones, even if the dual core part delivers better performance/watt. I further expect that from what is currently known about Bay Trail's GPU (4 EU Gen7 GPU), it is unlikely that -- unless Intel is either using Imagination's (IGNMF.PK) next generation PowerVR 6 or a beefed up Gen7 design for the "Merrifield" SoC -- it will be as competitive with the Snapdragon 800 on the GPU side of things, which could pose as an additional headwind to adoption. I also believe that the Q1 2014 launch curtails any hope that there will be a 14nm smartphone product launched in 2014 (although Mr. Krzanich's comments about "acceleration" could be a source of optimism here), which means that the company's process lead could ultimately prove to be ephemeral in this particular end market. Fortunately, product cycles in this space are short, so it may be okay to have Merrifield be reasonably short lived.

Best Regional Bank Stocks To Own Right Now: Ossen Innovation Co. Ltd.(OSN)

Ossen Innovation Co. Ltd. engages in the design, engineering, manufacture, and sale of plain surface prestressed, rare earth coated, and zinc coated prestressed steel materials in the People?s Republic of China. The company primarily offers plain surface, indented, and helical rib PC wires, as well as rare earth coated PC strands. Its materials are used in the construction of railways, highways, bridges, buildings, and other infrastructure projects. The company markets its products under the Ossen brand name. It also exports its products to the United States, Canada, Spain, South Korea, Taiwan, Australia, and Saudi Arabia. The company is headquartered in Shanghai, the People?s Republic of China.

Advisors' Opinion:
  • [By James E. Brumley]

    If you don't have Cyren Ltd (NASDAQ:CYRN), Globalstar, Inc. (NYSEMKT:GSAT), or Ossen Innovation Co Ltd (NASDAQ:OSN) on your radar, put them on there quick. All three stocks are knocking on the door of bigger (read "trade-worthy") moves at a point in time where big moves are rare... not to mention a period on the calendar that slightly favors small cap stocks. To then end, here's a closer look at why GSAT, CYRN, and OSN may be better than average bets here.

  • [By Monica Gerson]

    Ossen Innovation Co (NASDAQ: OSN) is projected to post its Q1 earnings.

    AZZ (NYSE: AZZ) is expected to report its Q1 earnings at $0.54 per share on revenue of $191.37 million.

No comments:

Post a Comment