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| Precious metals may drop if China rates hike Commodity Online By Debbie Carlson of Kitco News (Kitco News) - As the end of the year starts to approach ever closer, some market watchers expect precious-metals prices to ... See all stories on this topic » |
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| Gold's Recent Movement Indicates High Sensitivity to Bond Yields IBTimes Gold price rebounded yesterday as the sharp selloff over the past 2 days triggered buying interests. Higher gold prices dominated in INR and CNY indicated ... See all stories on this topic » |
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| Prominex Corporate Update PR-CANADA.net (press release) (TSX VENTURE:PXR) announced today that the company will continue the offering of a private placement of 5000000 units ("Units") at CAD $0.05 per unit as ... See all stories on this topic » |
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| Ucore Updates Exploration Work at Lost Pond, Newfoundland Resource Investing News The property is subject to a farm-in agreement with the Kirrin Resources Inc. (TSX VENTURE:KYM) ("Kirrin"), with Kirrin acting as both operator and earn-in ... See all stories on this topic » |
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| Aust stocks to open marginally firmer Ninemsn The Dow Jones Industrial Average was up 40.26 points, or 0.35 per cent, at 11410.32 points, while the broader S&P 500 index put on 7.40 points, ... See all stories on this topic » |
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| Stocks Start December With a Bang The Epoch Times By Antonio Perez NEW YORK—US stocks began the first week of December with a bang, as the Dow Jones Industrial Average shook off European debt worries and a ... See all stories on this topic » |
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| TSX Venture Exchange closed 15.42 points higher at 2124.30 on Friday Winnipeg Free Press TORONTO - The TSX Venture Exchange closed Friday at 2124.30, up 15.42 points. The volume was 398.7 million shares. You can comment on most stories on ... See all stories on this topic » |
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| Why Does Gold Fall When the Dollar Rises? The Market Oracle New gold supplies allowed for the expansion of money [gold] as the world grew [today rising gold prices could fill that role too]. Over time the gold market ... See all stories on this topic » |
The biggest dividend news this week came from much-maligned conglomerate General Electric (NYSE: GE ). The company has been on many income investors' naughty list since early 2009 when GE slashed its quarterly dividend almost 70% to 10 cents a share from 31 cents. And while the GE dividend is still not quite back at the levels we saw a few years ago, the latest boost is worth noting as it is the second increase in less than a year. Beyond the benefit of a bigger dividend, GE investors should be thrilled by the move because it proves GE has to be in a very good place with its financials. After all the flak this company took after slashing its dividend, it's highly unlikely execs would be foolish enough to offer a bigger payday without a rock-solid balance sheet to back it up. Keep that in mind for the rest of this week's stocks that are raising dividends. In an environment like this where investors are still a bit uncertain of their stocks, slashing a dividend payout would weigh heavily on share price. That means only the most secure companies will be gutsy enough to deliver bigger dividends to shareholders, since they wouldn't want to risk Wall Street's ire by cutting the payout in a few months or a few years. Here are the details on GE and four other picks raising dividends this week. General Electric General Electric (NYSE: GE ) said today it will raise its quarterly dividend by about 17% to 14 cents a share from 12 cents a share previously. The move is the second dividend increase by GE in a year after a 20% raise from 10 cents to 12 cents in July, and gives the company a new dividend yield of about 2.7% at current valuations. The new GE dividend will be dished out sometime in the first quarter of 2011. The dividend rise is nice, but still leaves the payout at half pre-2009 levels. GE shares climbed following the announcement to their highest level since May. GE stock has added about +12% so far in December and is up about +17% year-to-date in 2010, nearly double the gains of the broader stock market. Nucor Nucor Corporation (NYSE: NUE ), one of North America's largest steel companies, has boosted its quarterly payout a hair from 36 cents a share to 36.25 cents. The nominal increase gives NUE stock a new dividend yield of about 3.4%, and is payable Feb. 11 to stockholders of record Dec. 31. Though not particularly impressive in size, the dividend is worth noting for its consistency. The NUE dividend boost marks Nucor’s 151st consecutive quarterly cash dividend, spanning 38 years. In addition, from 2000 to 2010 Nucor’s base dividend has increased approximately ten-fold. NUE stock has had a rough 2010, slumping about -10% despite gains of about +9% for the Dow Jones Industrial Average. Slumping industrial demand has weighed on this steel stock, however it's worth noting shares have bounced back about +10% in December so hopes of a recovery could mean things are turning around. Western Union The Western Union Company (NYSE: WU ) announced a 17% increase in the company’s quarterly dividend from 6 cents a share to 7 cents a share. That gives WU stock a dividend yield of about 1.5% at current valuations. The new Western Union dividend is payable Dec. 31 to shareholders of record Dec. 20. Western Union has had a volatile year overall, currently trading essentially at the same levels it saw in January. Shares are around the middle of WU stock's 52-week range of $14.65 to $20.26, and have seen a decline of about -1% on the year. But for what it's worth, WU raised its full-year 2010 guidance in October so its next earnings report could help lift shares if the company proves it is improving. Roper Industries Electronics and energy systems midcap Roper Industries Inc. (NYSE: ROP ) approved a 16% increase in its quarterly dividend last week, marking 18 years in a row with a dividend boost. The move raises Roper's dividend from 9.5 cents a share to 11 cents each quarter, and gives ROP stock a new dividend yield just shy of 0.6%. The new dividend is payable Jan. 28 to shareholders of record Jan. 7. Granted, the dividend alone isn't much to shout about. But the consistent history of quarterly payouts coupled with steady growth makes Roper a stock of note. Shares are up nearly +50% year-to-date in 2010, with +34% gains for ROP stock since Sept. 1. Roper has been using acquisitions to diversify and expand its business, the latest being a $525 million purchase of vendor iTradeNetwork Inc. Previous buyouts have also been starting to yield bigger sales as Roper reported its third-quarter profit rose +49%, topping forecasts. The company also raised its 2010 earnings estimate, implying more gains are yet to come. C.H. Robinson C.H. Robinson Worldwide, Inc. (NASDAQ: CHRW ), a leader in shipping and logistics, announced a dividend increase from 25 to 29 cents a share for its next quarterly payout. The dividend is payable Jan. 3 to shareholders of record Dec. 20, and gives CHRW stock a new dividend yield of about 1.5% at current valuations. Though the yield isn't all that grand, it's worth noting that C.H. Robinson has been delivering far more lately to shareholders than just its quarterly payout. The stock is up +32% year-to-date in 2010, about three times the broader stock market, and is just a little off a new 52-week high. C.H. Robinson Worldwide is a transportation services and logistics company, meaning it does more business as more packages and products get shipped around the world. CHRW has grown its EPS for three straight quarters and investors have shared in this stock's success. Jeff Reeves is editor of InvestorPlace.com. As of this writing, he did not own a position in any of the funds listed here. Follow him on Twitter at http://twitter.com/JeffReevesIP .
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InvestorPlace
Republic Services, Inc. (NYSE:RSG) surged 2.29% to $29.47. The 52-week range of the stock is $25.15-$32.95. Republic Services, Inc. is engaged in the collection, transfer and disposal of non-hazardous solid waste. The Company provides non-hazardous solid waste collection services for commercial, industrial, municipal and residential customers through 376 collection companies in 40 states and Puerto Rico. Emerson Electric Co. (NYSE:EMR) added 0.73% to $56.74. The 52-week range of the stock is $40.52-$57.62. Emerson Electric Co. is a diversified global technology company. It is engaged in designing and supplying product technology and delivering engineering services and solutions in a range of industrial, commercial and consumer markets around the world. The Company operates in five business segments. The Boeing Company (NYSE:BA) slid 1.03% to $64.51. The 52-week range of the stock is $53.10-$76. The stock is up more than 19% year-to-date. The Boeing Company (Boeing) is involved in the design, development, manufacture, sale and support of commercial jetliners, military aircraft, satellites, missile defense, human space flight and launch systems and services.
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Newsworthy Stocks
A joing venture between Mitsui and CHS (NYSE:CHS) is being ended after 12 years. CHS (NYSE:CHS) shares stood at 12.34 at the end of trading on 12/10/2010. CHS (NYSE:CHS) Joint Venture End The US farm giant CHS (NYSE:CHS), has split with this Japanese trading house and is preparing itself for the handover of power to a new crop of executives. The group’s senior vice-president of grain marketing, Rick Browne said that "We had made the determination that it is best to dissolve the joint venture and it has become clear that CHS needs to move in a new direction.” If you’re looking to make a move on the CHS (NYSE:CHS) shares, make sure you make the trade at the right price. Timing the market or technical analysis can be a fruitless exercise, but do take into account the price history: Price History Last Price: 12.34 52 Week Low / High: 8.22 / 16.57 50 Day Moving Average: 10.9 6 Month Price Change %: 7.6% 12 Month Price Change %: -11.5% We’ll be keeping a close eye on the CHS (NYSE:CHS) share price for developments over the next few weeks.
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E money daily
It must be a crazy day for the shareholders of Supatcha Resources Inc (OTC:SAEIE) as the company just an hour ago said that it has been approached by OXM Group (OXM) to acquire Supatcha Resources for hefty price of $1.75 a share, representing a premium of about 343% from the closing price of SAEI on Thursday. Supatcha Resources is now discussing with its advisors to respond the OXM Group's offer. Following the announcement, shares of SAEI have soared 75% to a high of $0.93 on hefty volume of 18.64 million. It would be interesting to how the management will react to the offer and if accepted, shareholders could generate another 150% return from the current market price. Disclaimer: The assembled information distributed by epicstockpicks.com is for information purposes only, and is neither a solicitation to buy nor an offer to sell securities. Epicstockpicks.com does expect that investors will buy and sell securities based on information assembled and presented herein. EpicStockPicks.com will not be responsible in any way for or accept any liability for any losses arising from an investor's reliance on or use of information obtained from our website or emails. PLEASE always do your own due diligence, and consult your financial advisor. Supatcha Resources Inc. is an exploration-stage company. The Company is engaged in the acquisition and exploration of mineral properties with a view to exploiting any mineral deposits it discovers, which demonstrate economic feasibility.
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Epic Stock Picks
Retirees are being urged to buy high-risk assets yielding little more than Treasury bonds…
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Below are the top 10 best-performing U.S.-listed Chinese stocks for the past week.
New Dragon Asia Corp. (AMEX:NWD) is the 1st best-performing stock last week in this segment of the market. It was up 35.00% for the past week. Its price percentage change is -66.77% year-to-date. China Biologic Products Inc (NASDAQ:CBPO) is the 2nd best-performing stock last week in this segment of the market. It was up 29.00% for the past week. Its price percentage change is 24.09% year-to-date. SmartHeat Inc (NASDAQ:HEAT) is the 3rd best-performing stock last week in this segment of the market. It was up 26.74% for the past week. Its price percentage change is -61.16% year-to-date. China Shen Zhou Mining & Resources Inc. (AMEX:SHZ) is the 4th best-performing stock last week in this segment of the market. It was up 22.73% for the past week. Its price percentage change is 432.39% year-to-date. China Shenghuo Pharmaceutical Hldg, Inc. (AMEX:KUN) is the 5th best-performing stock last week in this segment of the market. It was up 16.95% for the past week. Its price percentage change is -11.54% year-to-date.
IFM Investments Limited (NYSE:CTC) is the 6th best-performing stock last week in this segment of the market. It was up 16.40% for the past week. Its price percentage change is N/A year-to-date. Country Syl Ckng Restaurant Chain Co Ltd (NYSE:CCSC) is the 7th best-performing stock last week in this segment of the market. It was up 14.11% for the past week. Its price percentage change is N/A year-to-date. China Valves Technology, Inc. (NASDAQ:CVVT) is the 8th best-performing stock last week in this segment of the market. It was up 13.69% for the past week. Its price percentage change is 15.04% year-to-date. China-Biotics Inc. (NASDAQ:CHBT) is the 9th best-performing stock last week in this segment of the market. It was up 12.77% for the past week. Its price percentage change is -16.10% year-to-date. Deswell Industries, Inc. (NASDAQ:DSWL) is the 10th best-performing stock last week in this segment of the market. It was up 10.66% for the past week. Its price percentage change is -12.62% year-to-date.
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China Analyst
Top 10 U.S.-Listed Chinese Stocks of the Week: NWD, CBPO, HEAT, SHZ, KUN, CTC, CCSC, CVVT, CHBT, DSWL (Dec 11, 2010)
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Mark Madoff, the oldest son of swindler Bernard Madoff, has reportedly used a dog leash to hang himself in his Manhattan SoHo apartment. His two year old son was in the next room. His wife and daughter were not home at the time. He was discovered by his father-in-law. Mark Madoff wasn’t charged in his father’s investment swindle, but was the one who turned his father in to authorities. His wife changed her last name and the last names of their two children due to the stress of the scandal. The death was reportedly due to suicide .
Kodiak Oil & Gas Corp. (AMEX: KOG) recently announced the upsizing and pricing of its previously announced underwritten public offering of common stock. The size of the offering has been increased from 20,000,000 shares of common stock to 25,000,000 shares of common stock at a public offering price of $5.50 per share. The company plans to use the net proceeds of the offering to repay debt outstanding under its revolving credit facility, to fund capital expenditures related to drilling, development and infrastructure, principally in the Bakken play located in North Dakota, and for general corporate purposes, including financing the potential acquisition of oil and gas properties in certain core areas, such as the Bakken play. Kodiak Oil & Gas Corp. focuses on the exploration, exploitation, acquisition and production of natural gas and crude oil in the United States. Northern Oil & Gas Inc. (AMEX: NOG) recently announced completion of the sale of 8,950,000 shares of its common stock and that the underwriters exercised their over-allotment option to purchase an additional 1,342,500 shares of Northern Oil’s common stock in full. Following the completion, the company has issued a total of 10,292,500 shares of its common stock. The net proceeds from the offering are approximately $200.1 million after deducting underwriters discounts. Northern Oil & Gas engages in the acquisition, exploration, exploitation and development of oil and natural gas properties. Warren Resources Inc. (NASDAQ: WRES) recently announced its third quarter financial results, with net revenues at $23.1 million, an increase of 41% as compared to $16.4 million in the comparable period previous year. This increase was primarily due to increased production and higher realized sales prices for oil and gas in this quarter as compared to the comparable period previous year. The oil and gas production for this quarter increased 20% to a record 2.8 billion cubic feet equivalent as compared to 2.4 billion cubic feet in the comparable period previous year. In this quarter, the company produced 265,000 net barrels of oil and 1.3 billion cubic feet of natural gas as compared to 226,000 net barrels of oil and 1.0 billion cubic feet of natural gas in the comparable period previous year. The company reported net income of $4.3 million for this quarter or $0.06 per diluted share as compared to net income of $2.2 million for the comparable period previous year, or $0.04 per diluted share. The net income for this quarter decreased by a non-cash, mark-to-market derivative loss of $2.4 million, or $0.03 per diluted share. Warren engages in the exploration and development of domestic onshore oil and gas reserves. GeoResources Inc. (NASDAQ: GEOI) recently announced its third quarter financial results, with net revenues at $26.9 million as compared to $22.9 million in the comparable period previous year. The company reported net income of $7.6 million for this quarter or $0.38 per diluted share as compared to net income of $3.4 million for the comparable period previous year, or $0.21 per diluted share. This quarter benefited from both increased production and from improved oil and gas prices. GeoResources engages in the acquisition and development of oil and gas reserves through an active and diversified program. Resolute Energy Corp (NYSE: REN) recently announced its third quarter financial results, 2010, with adjusted revenues at $41.0 million including the effect of realized losses on derivatives of $0.8 million as compared to f $35.5 million for the comparable period previous year. The company recorded a net loss of $7.1 million, or $(0.14) per diluted share as compared to a net loss of $21.4 million, or $(0.43) per share in the comparable period previous year. The production for this quarter end was 702 thousand Boe ("MBoe") as compared to 684 MBoe for The comparable period previous year. Resolute engages in the exploration, exploitation and development of its oil and gas properties located in Utah, Wyoming, North Dakota and properties in Alabama and Oklahoma. Disclosure: This corporate profile is provided for information purposes only and should not be used as the basis for any investment decision. We are neither licensed nor qualified to provide investment advice. We were not paid, nor do we hold a position in these stocks. We reserve the right to buy or sell KOG, NOG, WRES, GEOI and REN at any time after this post.
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Monday Morning Outlook: S&P 500, Nasdaq at Multi-Year Highs; DJIA Topples 11,400 Schaeffers Research – 4 hours ago by Todd Salamone 12/11/2010 11:20 AM The Nasdaq Composite (2,637.54) closed at its highest level in three years, while the S&P 500 Index (1,240.40) scaled heights it hadn't achieved in more than …
Monday Morning Outlook: S&P 500, Nasdaq at Multi-Year Highs; DJIA Topples 11,400
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Mortgage interest rates are still at historically low levels and have been at these levels for an extended period of time. Still though, the new and previously owned sales numbers in the housing sector remain at unacceptably low levels. On top of the struggles in the sector, interest rates are on the rise. Concerns regarding rising interest rates are on the minds of many and are keeping index value increases to a minimum in the market. Mortgage rates posted an increase for another consecutive week. The average rate on a 30-year fixed rate loan increased to 4.61% and the average rate on a 15-year fixed rose to 3.96% according to data from Freddie Mac. At first glance, many are likely to believe that the rise in interest rates will spell increased trouble for an already struggling sector, but some argue that this may not be the case. Historically, low interest rates have not necessarily meant a surge in home sales. Many believe that the threat of interest rates that may rise in the coming weeks could spur many on the fence to jump into the market and lock into lower rates while the rate is still available. Rates this week surged to a six week high. Will the fence sitters jump? Author: Stephen Johnson
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Mining news summary: Xstrata, Anglo American, Fresnillo, Ferrexpo, Randgold Resources Proactive Investors UK – 6 hours ago Fresnillo (LON:FRES) has appointed Merrill Lynch International as its joint corporate broker alongside JP Morgan Cazenove with immediate effect. Xstrata (LON:XTA) has green lighted a US$1.36 …
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| TODAY'S STOCK MARKET DOW JONES INDUSTRIAL AVERAGE DJI, S&P 500, NASDAQ INDEX ... Learning and Finance End of week close for the Dow Jones Industrials was in the green by .35% and it finished the day at 11410.32. The Nasdaq ended the day ahead as well at ... See all stories on this topic » | ||
| UAE Oil Min: Not Really Worried About Current Prices Zawya QUITO (Dow Jones)--The United Arab Emirates' oil minister said Saturday that oil prices at current levels are not cause for worry. ... See all stories on this topic » | ||
| Opening View: DJIA Futures Point Toward Run at Two-Year Highs Schaeffers Research by Joseph Hargett (jhargett@sir-inc.com) 12/10/2010 8:15 AM The Dow Jones Industrial Average (DJIA) slipped fractionally lower on Thursday, but remained ... See all stories on this topic » |
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| Market at 2-Year High on Economic Growth Optimism (BAC, C, DANG, FCX, FFIV, GE ... TradersHuddle.com GE rallied more than 3% on the news, posting the biggest percentage gain in the Dow Jones Industrial Average, and lifting the industrial sector to the best ... See all stories on this topic » |
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| With gold prices soaring, get jewelry appraised, insured ScrippsNews Losing a gold or platinum ring at today's prices is not exactly chump change for most people, which is why having current appraisals and insurance on ... See all stories on this topic » |
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| ECB's Noyer: Markets Make Govts Pay The Cost Of A Default Wall Street Journal By Nathalie Boschat PARIS (Dow Jones)--Governments shouldn't envisage defaulting on their debt as a viable option as financial markets will impose higher ... See all stories on this topic » |
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| Residents trade in antiques, gold during Roadshow The Newark Advocate Noah Surgener of The Treasure Hunters Roadshow said it travels to different cities each week to buy gold and silver and some antiques. ... See all stories on this topic » |
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| Stocks higher on improved economic signs Philadelphia Inquirer The Dow Jones industrial average rose 40.26, or 0.4 percent, to 11410.32. General Electric Co. led the 30 stocks that make up the index with a 3.4 percent ... See all stories on this topic » | ||
| Rally Leaves Many Stocks Near Yearly High Barron's The Dow Jones Industrial Average, which is made up of large-cap stocks, rose 0.25% to 11410.32 on the week, but the Standard & Poor's 500 closed up 1.3%, ... See all stories on this topic » |
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| JP Morgan Aims Bankruptcy Petition At Las Vegas Project Wall Street Journal By Dawn Wotapka Of DOW JONES NEWSWIRES NEW YORK (Dow Jones)--JP Morgan Chase (JPM) filed an involuntary bankruptcy petition against South Edge LLC, ... See all stories on this topic » |
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| Gold, silver decline on weak global trend The Hindu PTI Both gold and silver fell in the bullion market here today on reduced offtake by traders at existing higher levels amid weak global trend. ... See all stories on this topic » |
