General Electric has gained 0.3% to $23.18 today after a report that it plans to unload its consumer lending division.
Exxon MobilThe Wall Street Journal has the details:
The decision to divest the business, amid concerns about the company’s exposure to banking, marks an important moment in the evolution of GE and the country’s three-decade long consumer credit boom. GE Capital expanded to the point that its portfolio of loans and other assets now would rank it as the country’s fifth-largest commercial bank.
Preliminary work to separate the business through an initial public offering is under way, according to people familiar with the matter…An IPO could come early next year, the people said.
S&P Capital IQ’s Eric Hugel�considers what comes next for the U.S. blue chip:
Best Regional Bank Companies To Own For 2015: International Business Machines Corporation(IBM)
International Business Machines Corporation (IBM) provides information technology (IT) products and services worldwide. Its Global Technology Services segment provides IT infrastructure and business process services, including strategic outsourcing, process, integrated technology, and maintenance services, as well as technology-based support services. The company?s Global Business Services segment offers consulting and systems integration, and application management services. Its Software segment offers middleware and operating systems software, such as WebSphere software to integrate and manage business processes; information management software for database and enterprise content management, information integration, data warehousing, business analytics and intelligence, performance management, and predictive analytics; Tivoli software for identity management, data security, storage management, and datacenter automation; Lotus software for collaboration, messaging, and so cial networking; rational software to support software development for IT and embedded systems; business intelligence software, which provides querying and forecasting tools; SPSS predictive analytics software to predict outcomes and act on that insight; and operating systems software. Its Systems and Technology segment provides computing and storage solutions, including servers, disk and tape storage systems and software, point-of-sale retail systems, and microelectronics. The company?s Global Financing segment provides lease and loan financing to end users and internal clients; commercial financing to dealers and remarketers of IT products; and remanufacturing and remarketing services. It serves financial services, public, industrial, distribution, communications, and general business sectors. The company was formerly known as Computing-Tabulating-Recording Co. and changed its name to International Business Machines Corporation in 1924. IBM was founded in 1910 and is based in Armonk, New York.
Advisors' Opinion:- [By Brendan Mathews]
1. Investments per share
As of the end of 2012, Berkshire held $113,786�per A-share in investments (or about $76�per B-share). That's an increase of 16% during the year. The portfolio of investments includes debt and stock in quite a few companies, but the "big four" are American Express (NYSE: AXP ) , Coca-Cola (NYSE: KO ) , IBM (NYSE: IBM ) , and Well Fargo (NYSE: WFC ) . Most of these investments are liquid with reliable market prices. Thus, I simply value the investment portfolio at $76 per B-share. - [By GuruFocus]
International Business Machines Corp (IBM) Reached the 52-Week Low of $185.42
The prices of International Business Machines Corp (IBM) shares have declined to close to the 52-week low of $185.42, which is 15.2% off the 52-week high of $215.9. International Business Machines Corp is owned by 33 Gurus we are tracking. Among them, 14 have added to their positions during the past quarter. Nineteen reduced their positions.
- [By Jim Jubak]
The third reason, and this is the one that kind of worries me going forward, if not immediately, is that you're seeing a lot of companies decide that they need to leverage themselves more; 3M, for example, has a very low leverage, so if they have to add debt to do this payout, that's fine, because again, as I say, debt is really cheap right now. The problem is, this is really financial engineering. This is manipulation of earnings. This is not real growth, this is financial gamesmanship generated growth, so, as you lower the share count, your earnings per share go up, because you're spending the same amount of earnings over fewer shares. IBM (IBM) is playing this. The thing about this is that, it goes on for a while and then people start to say, "Hey, well, what about your top-line growth?" I mean, IBM has reported falling top line growth. That's falling revenues, falling sales, for five or six straight quarters. At that point, people say, "Oh, okay, so all you're really doing is, you're disguising the fact that you've got a growth problem, by doing this financial engineering." If you extrapolate that across the economy as a whole, it has kind of nasty implications, because what you're really saying is that, "Hey, there's not a lot of growth out there anywhere for anybody," and that's not a good sign for the stock market or the economy.
Best Blue Chip Companies To Invest In Right Now: Apple Inc.(AAPL)
Apple Inc., together with subsidiaries, designs, manufactures, and markets personal computers, mobile communication and media devices, and portable digital music players, as well as sells related software, services, peripherals, networking solutions, and third-party digital content and applications worldwide. The company sells its products worldwide through its online stores, retail stores, direct sales force, third-party wholesalers, resellers, and value-added resellers. In addition, it sells third-party Mac, iPhone, iPad, and iPod compatible products, including application software, printers, storage devices, speakers, headphones, and other accessories and peripherals through its online and retail stores; and digital content and applications through the iTunes Store. The company sells its products to consumer, small and mid-sized business, education, enterprise, government, and creative markets. As of September 25, 2010, it had 317 retail stores, including 233 stores in the United States and 84 stores internationally. The company, formerly known as Apple Computer, Inc., was founded in 1976 and is headquartered in Cupertino, California.
Advisors' Opinion:- [By Daniel Sparks]
To illustrate, Daniel compares Apple (NASDAQ: AAPL ) , Google (NASDAQ: GOOG ) , Baidu (NASDAQ: BIDU ) , IBM (NYSE: IBM ) , and Nokia (NYSE: NOK ) .
- [By Jonathan Berr]
The old joke that if you lined up 1,000 economists, you would get 1,000 different opinions, certainly applies to Apple (AAPL) stock.
Under the leadership of the late CEO Steve Jobs, the maker of the iPad, iPhone and Mac could do no wrong. His successor Tim Cook, in the view of his detractors, can’t do anything right. Last quarter, iPhone sales failed to meet analysts’ expectations. In 2013′s quarter ended in March, AAPL reported its first decline in quarterly profit in more than a decade.
- [By Jim Lowell, Partner and Chief Investment Strategist, Adviser Investments]
If you look at the kinds of holdings he has now—Google (GOOG), Apple (AAPL), Disney (DIS), Coca Cola (KO); these are hardly overlooked or unloved names, but when he bought them, he bought them on the cheap and they have certainly contributed handsomely to his significant outperformance.
- [By Ben Levisohn]
Boeing’s (BA) shares rose yesterday following its investor day, in which it said it would seek to become more like Apple (AAPL). Today, the gains are continuing as investors digest the meat of the presentation.
Best Blue Chip Companies To Invest In Right Now: Visa Inc.(V)
Visa Inc., a payments technology company, engages in the operation of retail electronic payments network worldwide. It facilitates commerce through the transfer of value and information among financial institutions, merchants, consumers, businesses, and government entities. The company owns and operates VisaNet, a global processing platform that provides transaction processing services. It also offers a range of payments platforms, which enable credit, charge, deferred debit, debit, and prepaid payments, as well as cash access for consumers, businesses, and government entities. The company provides its payment platforms under the Visa, Visa Electron, PLUS, and Interlink brand names. In addition, it offers value-added services, including risk management, issuer processing, loyalty, dispute management, value-added information, and CyberSource-branded services. The company is headquartered in San Francisco, California.
Advisors' Opinion:- [By Reuters]
Steven Senne/AP BOSTON -- Companies that help Target process payments could face millions of dollars in fines and costs resulting from the unprecedented data breach that struck the retailer during the holiday shopping season. Investigators are still sorting through just how thieves compromised about 40 million payment cards and the information of about 70 million Target (TGT) customers. But people who have reviewed past data breaches believe Target's partners could face consumer lawsuits and fines that payment networks such as Visa (V) and MasterCard (MA) often levy after cybersecurity incidents. Target's partners "have deep pockets and are intimately involved in certain aspects of how Target gets paid," said Jamie Pole, a cybersecurity consultant in Asheboro, N.C., who works for government agencies and the financial industry. Fines and settlement costs could reach into the millions of dollars for individual companies, he said, though much will depend on how the ultimate liability for the breach is determined. Boston attorney Cynthia Larose of Mintz Levin said Target would likely seek to add its partners as defendants to lawsuits already filed over the breach. "These class-action lawsuits start to bring everyone in at some point," she said. After its systems were penetrated by hackers in the mid-2000s, retailer TJX Cos. (TJX) agreed to pay up to $40.9 million to cover fraud costs in a settlement with Visa. Visa also issued penalties of $880,000 against Fifth Third Bancorp (FITB) of Ohio, which processed transactions for TJX. Asked about the business relationships and possible costs, Target spokeswoman Molly Snyder declined to comment, citing the ongoing investigation and pending suits. A Visa spokeswoman declined to comment. A MasterCard spokesman said the company couldn't discuss an ongoing investigation. Handling Target Transactions Several companies are involved in any purchase from a store such as Target. A bank issues the consumer's payment card
- [By David Hanson and Matt Koppenheffer]
In this video, Motley Fool financial analysts David Hanson and Matt Koppenheffer discuss three reasons American Express is well-positioned and a possibly better than Visa (NYSE: V ) or MasterCard (NYSE: MA ) �as�way to play the growth in plastic.�
- [By Ben Levisohn]
Stocks rebounded from yesterday’s rout today as 3M (MMM), Visa (V), Regeneron Pharmaceuticals (REGN), Allergan (AGN) and Mosaic (MOS) helped lead the major indexes higher.
Best Blue Chip Companies To Invest In Right Now: Philip Morris International Inc(PM)
Philip Morris International Inc., through its subsidiaries, engages in the manufacture and sale of cigarettes and other tobacco products in markets outside of the United States. Its international product brand line comprises Marlboro, Merit, Parliament, Virginia Slims, L&M, Chesterfield, Bond Street, Lark, Muratti, Next, Philip Morris, and Red & White. The company also offers its products under the A Mild, Dji Sam Soe, and A Hijau in Indonesia; Diana in Italy; Optima and Apollo-Soyuz in the Russian Federation; Morven Gold in Pakistan; Boston in Colombia; Belmont, Canadian Classics, and Number 7 in Canada; Best and Classic in Serbia; f6 in Germany; Delicados in Mexico; Assos in Greece; and Petra in the Czech Republic and Slovakia. It operates primarily in the European Union, Eastern Europe, the Middle East, Africa, Asia, Canada, and Latin America. The company is based in New York, New York.
Advisors' Opinion:- [By Maxx Chatsko]
However, you would be hard-pressed to find any connection between falling smoking prevalence and share performance at Reynolds American (NYSE: RAI ) , Lorriland (NYSE: LO ) , Phillip Morris (NYSE: PM ) , and Altria (NYSE: MO ) . These companies are some of the best performers in the past decade. In fact, Altria is the best-performing stock of the last half-century!
- [By Jonas Elmerraji]
As the world's second largest tobacco company, Philip Morris International (PM) is the prototypical sin stock. It boasts recognizable brands, a sticky customer base, and a hefty dividend payout -- and the payout looks due for a dividend hike. As I write, Philip Morris International currently pays out a 85 cents each quarter, adding up to a 4.05% yield.
Philip Morris owns almost 30% of the world's tobacco market. And much of that success is thanks to a single iconic brand: Marlboro. The firm has owned Marlboro (as well as second-tier names such as L&M and Parliament) internationally ever since Altria (MO) split up its international and domestic operations. Between the two markets, PM owns the more attractive franchise by far. After all, the international market is the only one that's actually growing.
While the U.S. market for tobacco products is rife with regulation and demographic shifts are turning away from smoking, international tobacco sales are up -- especially in emerging markets. Premium positioning in markets like India, China and Indonesia translates into substantial cash flows for PM investors. And while the strength of the dollar has been a challenge post-2008, the potential for a Fed taper could strengthen this stock's payout in 2013.
Best Blue Chip Companies To Invest In Right Now: Colgate-Palmolive Company(CL)
Colgate-Palmolive Company, together with its subsidiaries, manufactures and markets consumer products worldwide. It offers oral care products, including toothpaste, toothbrushes, and mouth rinses, as well as dental floss and pharmaceutical products for dentists and other oral health professionals; personal care products, such as liquid hand soap, shower gels, bar soaps, deodorants, antiperspirants, shampoos, and conditioners; and home care products comprising laundry and dishwashing detergents, fabric conditioners, household cleaners, bleaches, dishwashing liquids, and oil soaps. The company offers its oral, personal, and home care products under the Colgate Total, Colgate Max Fresh, Colgate 360 Advisors' Opinion:
- [By James Well]
Analysts��Consensus Position on Pfizer
Thirteen analysts including those at TheStreet, Thomson Reuters/Verus, Goldman Sachs, J.P. Morgan, Barclays Capital, Morgan Stanley and Argus Research are optimistic about the performance of Pfizer going forward and, hence, reiterated a consensus buy recommendation at an average target price of $31.78 per share. Last Wednesday, analysts at Goldman Sachs removed Pfizer from Goldman�� conviction buy list (CL) where Pfizer has been since Aug. 9, 2011, and placed it on the buy list but raised its price target from $34 to $35 per share. Jami Rubin, an analyst with Goldman Sachs, claimed that Pfizer has gone up by 82.5% since being added to the CL as against 53.9% for the S&P 500 during the period and, therefore, there was the need to replace Pfizer with AbbVie at a price target of $60 because they claimed AbbVie has greater upside at this time.
Best Blue Chip Companies To Invest In Right Now: Chevron Corporation(CVX)
Chevron Corporation, through its subsidiaries, engages in petroleum, chemicals, mining, power generation, and energy operations worldwide. It operates in two segments, Upstream and Downstream. The Upstream segment involves in the exploration, development, and production of crude oil and natural gas; processing, liquefaction, transportation, and regasification associated with liquefied natural gas; transportation of crude oil through pipelines; and transportation, storage, and marketing of natural gas, as well as holds interest in a gas-to-liquids project. The Downstream segment engages in the refining of crude oil into petroleum products; marketing of crude oil and refined products primarily under the Chevron, Texaco, and Caltex brand names; transportation of crude oil and refined products by pipeline, marine vessel, motor equipment, and rail car; and manufacture and marketing of commodity petrochemicals, plastics for industrial uses, and fuel and lubricant additives. It a lso produces and markets coal and molybdenum; and holds interests in 13 power assets with a total operating capacity of approximately 3,100 megawatts, as well as involves in cash management and debt financing activities, insurance operations, real estate activities, energy services, and alternative fuels and technology business. Chevron Corporation has a joint venture agreement with China National Petroleum Corporation. The company was formerly known as ChevronTexaco Corp. and changed its name to Chevron Corporation in May 2005. Chevron Corporation was founded in 1879 and is based in San Ramon, California.
Advisors' Opinion:- [By Tyler Crowe]
Even in the world of commodities, brand can mean a lot. Since oil is part of our everyday lives, companies like ExxonMobil (NYSE: XOM ) and Chevron (NYSE: CVX ) have become two of the most recognized brands around the world. With natural gas looking to have its day in the sun, perhaps there are a few companies that could become household names as well.�
Best Blue Chip Companies To Invest In Right Now: McDonald's Corporation(MCD)
McDonald?s Corporation, together with its subsidiaries, operates as a worldwide foodservice retailer. It franchises and operates McDonald?s restaurants that offer various food items, soft drinks, coffee, and other beverages. As of December 31, 2009, the company operated 32,478 restaurants in 117 countries, of which 26,216 were operated by franchisees; and 6,262 were operated by the company. McDonald?s Corporation was founded in 1948 and is based in Oak Brook, Illinois.
Advisors' Opinion:- [By Rich Duprey]
This should be a warning bell not only to U.S. protein producers such as Tyson Foods (NYSE: TSN ) , which is�looking to boost sales by 12% to 16% annually over the next several years through�greater overseas production,�particularly in China,�but also restaurant chains such as Yum! and McDonald's (NYSE: MCD ) , which count on chicken for large portions of their�revenues. Consumers could shun�chicken consumption by making fewer restaurant visits or purchasing chicken less at retail, but it could also result in reduced export activity.�
- [By Kyle Spencer]
McDonald's (MCD) is slashing its 20 piece box from 36 to 20 RMB "���涓��. Given the 4% higher comp rate that McDonald's is already being punished with as it tries to adjust to Asian palates, how badly do you think McDonald's Asian sales are going to suffer if they can't sell chicken?
No comments:
Post a Comment