I'm quite frankly baffled by the amount of negative press LINN Energy (NASDAQ: LINE ) has generated this year. The one-two punch of negative research reports followed up by equally negative articles published by Barron's have been a recurring theme all year. I'm sure it is causing many investors to lose both patience and faith in the company. It's a shame, because it's causing undue harm to investors, many of whom have been holding for a long time.
I should know, I've been holding units for almost as long as the company has been public. Over that time I have been paid a distribution every single quarter and my last distribution payment was about 30% higher per unit than my first distribution payment. It's almost funny now that most of the negative research is figuratively pounding the table that the company will cut that distribution. This is the same company that maintained it through the financial crisis while many other dividends and distributions across all other industries were cut.
5 Best Quality Stocks For 2015: Akorn Inc.(AKRX)
Akorn, Inc. engages in the manufacture and marketing of diagnostic and therapeutic ophthalmic pharmaceuticals products, niche hospital drugs, and injectable pharmaceuticals in the United States and internationally. It offers products in various specialty areas, including ophthalmology, antidotes, anti-infectives, pain management, anesthesia, and vaccines. The company?s Ophthalmic segment markets diagnostic products, including mydriatics and cycloplegics, anesthetics, topical stains, gonioscopic solutions, angiography dyes, and others primarily for use in the office setting. This segment also offers therapeutic products, such as antibiotics, steroids, steroid combinations, glaucoma medications, decongestants/antihistamines, and anti-edema medications to wholesalers, chain drug stores, and other national account customers; and non-pharmaceutical products, which include various artificial tear solutions, preservative-free lubricating ointments, and eyelid cleansers. In addit ion, the Ophthalmic segment provides a line of over-the-counter dry eye and other eye health products principally under the TheraTears brand name through a chain drug stores and big box retailers, as well as directly to optometrists, ophthalmologists, and other eye care practitioners and clinics. The company?s Hospital Drugs and Injectables segment provides a line of niche hospital drug and injectable pharmaceutical products comprising antidotes, anti-infectives, controlled substances for pain management and anesthesia, and other pharmaceutical products to hospitals through the wholesale distribution channel. Its Contract Services segment manufactures ophthalmic and injectable pharmaceutical products for third party pharmaceutical customers based on their specifications. The company serves physicians, optometrists, hospitals, wholesalers, group purchasing organizations, pharmacy chains, and other pharmaceutical companies. Akorn, Inc. was founded in 1971 and is headquartered in Lake Forest, Illinois.
Advisors' Opinion:- [By Jake L'Ecuyer]
Equities Trading DOWN
Shares of Akorn (NASDAQ: AKRX) were down 9.41 percent to $23.39 after the company reported Q4 results and issued a weak FY14 guidance. - [By Ben Levisohn]
Still, some stocks are bucking the trend. Goodyear Tire & Rubber (GT) has gained 1.4% to $18.90, the largest gainer in the S&P 500, after reaching a deal with a union. The real winners: Hi-Tech Pharmacal (HITK) has gained 22.3% to $43.05 after agreeing to be purchased by Akorn (AKRX), which has jumped 9.6% to $18.02.
- [By Sean Williams]
What: Shares of Akorn (NASDAQ: AKRX ) �-- a hybrid generic and branded drug developer -- shed as much as 15% of their value after the company reported disappointing first-quarter results.
Best Diversified Bank Companies To Own For 2014: Shiner International Inc.(BEST)
Shiner International, Inc., through its subsidiaries, engages in the research and development, manufacture, sale, and distribution of technology driven advanced packaging film products. Its products include coated films, tobacco films, anti-counterfeit laser holographic films, color printed products, and water-based latex products. The company also offers biaxially-oriented polypropylene (BOPP) films for printing, lamination, and over-wrap packaging; and BOPP tobacco films for packaging appearance, product freshness, and clear optics. In addition, it provides color printing services that consist of surface printing and reverse printing services for consumer goods manufacturers and beverage companies. The company sells its products to companies in the various industries, such as food, tobacco, chemical, agribusiness, medical, pharmaceutical, personal care, electronics, automotive, construction, graphics, music and video publishing, and other consumer goods in China, Asia, A ustralia, Europe, the Middle East, and North America. Shiner International has a strategy alliance with The Treofan Group. The company based in Haikou City, China.
Advisors' Opinion:- [By Sally Jones]
Looking through a kaleidoscope of facts about J. Kyle Bass, this guru quickly takes on a colorful and larger-than-life mythos. Hailing from the big-thinking state of Texas, Bass is often described as a big dreamer with a studious and practical streak. His career blossomed almost overnight when he reportedly made around a half a billion dollars betting against subprime CDOs in 2007. Bass comes across as a visionary who asks why not instead of why. He told CNBC that he likes to reduce email time and cut out the noise by learning about world markets through symbiotic relationships with friends like Alan Fournier and other billionaires. Every year Bass invites his notable friends to his ranch in Larue, Texas, for a special event called The Barefoot Economic Summit, Texas (BEST). Bass said he learns more in two days of the summit than in two months of emails.
Best Diversified Bank Companies To Own For 2014: Susser Holdings Corporation(SUSS)
Susser Holdings Corporation, together with its subsidiaries, operates convenience stores in Texas, New Mexico, and Oklahoma. The company operates in two segments, Retail and Wholesale. The Retail segment operates convenience stores that offer merchandise, food service, and motor fuel, as well as provides other services, including car washes, lottery, ATM, money orders, prepaid phone cards and wireless services, and movie rentals. As of January 1, 2012, it operated 541 convenience stores under the Stripes brand name. The Wholesale segment distributes motor fuel to its retail convenience stores, contracted independent operators of convenience stores, unbranded convenience stores, unattended fueling facilities, and other end users in Texas, New Mexico, Oklahoma, and Louisiana. The company also offers environmental, maintenance, and construction management services to the petroleum industry; and sells and installs motor fuel dispensers and tanks, as well as provides a range of environmental consulting services, such as hydrocarbon remediation, and Phase I and II site assessments for its stores and outside customers. Susser Holdings Corporation is based in Corpus Christi, Texas.
Advisors' Opinion:- [By Lisa Levin]
Susser Holdings (NYSE: SUSS) shares rose 36.54% to $77.87. The volume of Susser Holdings shares traded was 1198% higher than normal. Energy Transfer Partners LP (NYSE: ETP) announced its plans to acquire Susser Holdings in a deal valued at around $1.8 billion.
- [By Lauren Pollock var popups = dojo.query(".socialByline .popC"); popups.forEach]
Among the companies with shares expected to actively trade in Monday’s session are AstraZeneca(AZN.LN) PLC,�Furiex Pharmaceuticals Inc. and Susser Holdings Corp.(SUSS)
Best Diversified Bank Companies To Own For 2014: Erie Indemnity Company (ERIE)
Erie Indemnity Company operates as a managing attorney for the Erie Insurance Exchange in the United States. The company provides sales, underwriting, and policy issuance services for the policyholders on behalf of the Erie Insurance Exchange. It operates 24 field offices in 11 states. The company was founded in 1925 and is based in Erie, Pennsylvania.
Advisors' Opinion:- [By GURUFOCUS]
Erie Indemnity Company (ERIE) operates as a managing attorney-in-fact for the subscribers at the Erie Insurance Exchange in the U.S. Dec. 4, the company increased its quarterly dividend 7.2% to $0.635 per share. The dividend is payable Jan. 22, 2014, to shareholders of record as of Jan. 7, 2014. The yield based on the new payout is 3.6%.
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