Midstream gathering and processing company Atlas Pipeline Partners (NYSE: APL ) recently announced a major acquisition related to the Eagle Ford Shale. The company is paying a billion dollars in cash in a deal to acquire privately held TEAK Midstream. With a deal this large its important to take a deeper look to see what it means to Atlas' investors.
With a market capitalization of $2.3 billion, the TEAK Midstream deal is a big one for Atlas. The company is using a $400 million secondary offering to fund the equity portion of the deal while it has committed bank financing to fund the rest of the cash required to close the transaction. Current investors are being diluted; however, overall the deal looks like a very good one for investors thanks to three very important�components.
One of the major benefits of this deal is that it gets Atlas a foothold in the Eagle Ford Shale. The Eagle Ford has seen amazing production growth over the past few years thanks to its liquids-rich characteristics and proximity to the energy markets along the Gulf of Mexico. Because of this, Atlas had been looking for an entry point into the Eagle Ford, which it has now found in TEAK. However, as important as access to the Eagle Ford's growth is to the company, its only part of the reason why this is a very solid acquisition.
Hot Japanese Stocks To Buy Right Now: Ralcorp Holdings Inc.(RAH)
Ralcorp Holdings, Inc. engages in manufacturing, distributing, and marketing private-brand food products, ready-to-eat cereal products, and other regional and value-brand food products. Its products include ready-to-eat and hot cereals; nutritional and cereal bars; snack mixes, corn-based chips, and extruded corn snack products; crackers and cookies; snack nuts; chocolate candy; salad dressings; mayonnaise; peanut butter; jams and jellies; syrups; sauces; frozen griddle products, including pancakes, waffles, and French toast; frozen biscuits and other frozen pre-baked products, such as breads and rolls; frozen and refrigerated doughs; and dry pasta. The company offers its products under various brands, including Post, Honey Bunches of Oats, Pebbles, Post Selects, Great Grains, Spoon Size, Grape-Nuts, Honeycomb, 3 Minute Brand, Ralston, Parco, Lofthouse, Krusteaz, Panne Provincio, Major Peters?, Medallion, Ry Krisp, Champagne, Monet, Rippin? Good, Hoody?s, Linette, JERO, Flavor House, Nutcracker, Pennsylvania Dutch, Heartland, Golden Grain, Anthony?s, Pasta Lensi, Ronco, and Mueller?s. It also develops, manufactures, and markets emulations of various types of branded food products to retailers, mass merchandisers, and drug stores to sell under their own store brands or under value-brands. Ralcorp Holdings, Inc. sells its products to retail chains, mass merchandisers, grocery wholesalers, warehouse club stores, drugstores, restaurant chains, and foodservice distributors in the United States, as well as in Canada, Europe, and southeast Asia. It offers its products through a broker network, internal sales staff, independent sales agency, a network of third party warehouses, and independent truck lines. The company was founded in 1995 and is based in St. Louis, Missouri.
Advisors' Opinion:- [By Louis Navellier]
A $15.5 billion business that employs 34,800 worldwide, ConAgra is the fourth largest player in the Processed & Packaged Goods industry. In early 2013, ConAgra completed its buyout of Ralcorp Holdings (RAH) making the combined company one of the largest packaged food players on the continent.
- [By Will Ashworth]
Post’s debt has risen substantially since its separation from Ralcorp (RAH) in February 2012. Including its $370 million acquisition of the Dakota Growers Pasta Company announced Sept. 16, Post has spent $717 million moving into other areas of the food industry beyond cereal.
Top 10 Heal Care Companies To Invest In Right Now: Internet Gold Golden Lines Ltd.(IGLD)
Internet Gold ? Golden Lines Ltd., together with its subsidiaries, provides communications services in Israel. The company offers a range of telecommunication operations and services, including domestic fixed-line, cellular and international communication services, multi-channel television, satellite broadcasts, Internet services, customer call centers, maintenance and development of communications infrastructures, provision of communications services to other communications providers, television and radio broadcasts, and supply and maintenance of equipment on customer premises. It also provides data services, server and Web site hosting services, technical maintenance and support services, networking and system services, outsourcing and out-tasking services, security and risk management solutions, and IP based services; media services, which include the sale of advertising on its Web sites; and sale of products and services on the Internet. The company was formerly known as Euronet Golden Lines (1992) Ltd. and changed its name to Internet Gold ? Golden Lines Ltd. in June 1999. The company was founded in 1992 and is headquartered in Ramat Gan, Israel. Internet Gold ? Golden Lines Ltd. is a subsidiary of Eurocom Communications Ltd.
Advisors' Opinion:- [By Garrett Cook]
On Wednesday, the telecommunications services sector proved to be a source of strength for the market. Leading the sector was strength from Internet Gold Golden Lines (NASDAQ: IGLD) and NQ Mobile (NYSE: NQ).
- [By Garrett Cook]
On Wednesday, the telecommunications services sector proved to be a source of strength for the market. Leading the sector was strength from Internet Gold Golden Lines (NASDAQ: IGLD) and NQ Mobile (NYSE: NQ).
Top 10 Heal Care Companies To Invest In Right Now: Plains All American Pipeline L.P.(PAA)
Plains All American Pipeline, L.P., through its subsidiaries, engages in the transportation, storage, terminalling, and marketing of crude oil, refined products, and liquid petroleum gas (LPG) products in the United States and Canada. The company operates in three segments: Transportation, Facilities, and Supply and Logistics. The Transportation segment transports crude oil and refined products on pipelines, gathering systems, trucks, and barges. As of December 31, 2011, this segment owned and leased 16,000 miles of active crude oil and refined products pipelines and gathering systems; 23 million barrels of above-ground tank capacity used primarily to facilitate pipeline throughput; 67 trucks and 382 trailers; and 82 transport and storage barges, and 44 transport tugs. The Facilities segment provides storage, terminalling, and throughput services for crude oil, refined products, and LPG and natural gas, as well as offers LPG fractionation and isomerization, and natural gas processing services. The Supply and Logistics segment purchases crude oil at the wellhead, and pipeline and terminal facilities; waterborne cargoes at their load port and various other locations in transit; and LPG from producers, refiners, and other marketers. This segment also resells or exchanges crude oil and LPG; and transports oil and LPG on trucks, barges, railcars, pipelines, and ocean-going vessels to various delivery points. It has 622 trucks and 731 trailers, and 2,453 railcars. The company also owns and operates natural gas storage facilities. Plains All American Pipeline, L.P. was founded in 1998 and is headquartered in Houston, Texas.
Advisors' Opinion:- [By The Part-time Investor]
Although I have removed these three MLPs from my portfolio, I am still holding ARLP, Buckeye Partners (BPL), Plains All American (PAA), and Williams Partners. I am going to continue to hold these until I receive the K-1 forms next year, so that I can more carefully analyze the tax implications, and decide what to do with these other positions. I may decide that the higher yield of the MLPs might make it worth holding on to them, even though I would eventually have to pay some extra taxes. I will have more to say about this when I see the K-1 forms. Perhaps people with have some comments on this issue?
- [By Arjun Sreekumar]
Other leading midstream companies, such as Kinder Morgan Energy Partners (NYSE: KMI ) , Plains All American (NYSE: PAA ) , and Sunoco Logistics Partners ��now a part of Energy Transfer Partners (NYSE: ETP ) ��are also working on boosting storage and distribution capacity along the Gulf Coast to handle the influx of crude oil. �
Top 10 Heal Care Companies To Invest In Right Now: Freedom Foods Group Ltd (FNP)
Freedom Foods Group Limited (FNP) is an Australia-based company engaged in providing for specialized Needs in the Global Food Industry. The Company operates in Freedom Foods, operating in the manufacture, distribution and marketing of allergen free cereals and nutritional snacks and other food products under the Freedom Foods brand and dairy alternative beverages under the Australia�� Own and Freedom Foods brands. The Company�� Pactum Australia operates in the manufacture and distribution of Aseptic (long life) beverages and foods. The Company�� Specialty Seafood, operating in the distribution and marketing of canned Herring Sardines and Canned Alaskan Salmon under the Brunswick and Paramount brands. The Company has investment in A2 Corporation, operating in A2 branded dairy milk manufacture, marketing and distribution activities in Australia and International Markets. Advisors' Opinion:- [By Dan Caplinger]
Movado has put in place a number of lucrative partnerships, going beyond selling its own line of luxury watches by creating watch lines for other luxury retailers. By latching onto the success of fellow luxury retailers Coach (NYSE: COH ) and the Juicy Couture division of Fifth & Pacific (NYSE: FNP ) , Movado ensures that it's able to get customers from multiple sources targeting different demographics.
Top 10 Heal Care Companies To Invest In Right Now: Caterpillar Inc.(CAT)
Caterpillar Inc. manufactures and sells construction and mining equipment, diesel and natural gas engines, industrial gas turbines, and diesel-electric locomotives worldwide. It operates through three lines of businesses: Machinery, Engines, and Financial Products. The Machinery business offers construction, mining, and forestry machinery, including track and wheel tractors, track and wheel loaders, pipelayers, motor graders, wheel tractor-scrapers, track and wheel excavators, backhoe loaders, log skidders, log loaders, off-highway trucks, articulated trucks, paving products, skid steer loaders, underground mining equipment, tunnel boring equipment, and related parts. It also manufactures diesel-electric locomotives; and manufactures and services rail-related products and logistics services for other companies. The Engines business provides diesel, heavy fuel, and natural gas reciprocating engines for Caterpillar machinery, electric power generation systems, marine, petrol eum, construction, industrial, agricultural, and other applications. It offers industrial turbines and turbine-related services for oil and gas, and power generation applications. This business also remanufactures Caterpillar engines, machines, and engine components; and offers remanufacturing services for other companies. The Financial Products business provides retail and wholesale financing alternatives for Caterpillar machinery and engines, solar gas turbines, and other equipment and marine vessels, as well as offers loans and various forms of insurance to customers and dealers. It also offers financing for vehicles, power generation facilities, and marine vessels. The company markets its products directly, as well as through its distribution centers, dealers, and distributors. It was formerly known as Caterpillar Tractor Co. and changed its name to Caterpillar Inc. in 1986. Caterpillar Inc. was founded in 1925 and is headquartered in Peoria, Illinois.
Advisors' Opinion:- [By Matt Thalman]
Within the Dow, 26 of 30 components moved higher today, with all the winners led by Caterpillar (NYSE: CAT ) , which gained 2.56% during the session. The move was a little unexpected, as there was relatively no company-specific news today. Volume was slightly higher than normal, with 7.8 million shares trading hands, while the average is only 6.7 million. The stock is down more than 4% on the year as concerns about the mining and construction industries worldwide have weighted on investors' minds. But with shares trading at just 11.5 times past earnings and 10.7 times future expected results, and with a current dividend yield of 2.9%, the stock seems extremely cheap.
- [By Dan Caplinger]
Caterpillar (NYSE: CAT ) , down 1.1%
For Caterpillar, the past two months have been quite volatile, with the stock having dropped about 10% only to recover nearly all of that lost ground more recently. Just before earnings, Caterpillar took a big hit when the bottom fell out of the gold market, as gold prices fell more than $140 in a single day. The impact of gold's decline on its mining equipment business could be huge, as miners struggling with much narrower margins will have less money to spend on capital expenditures for Caterpillar equipment. Yet since then, macroeconomic moves to bolster world growth, including rate cuts from the European and Australian central banks, have given investors hope that commodities will bounce back and that mining activity will resume. Now, Caterpillar just needs to see that turn into a reversal of horrendous sales trends in recent months. - [By Dan Carroll]
China slows further
The International Monetary Fund cut its Chinese growth projections for 2013 and 2014 today, now expecting the world's second-largest economy to grow by 7.75% per year after earlier projecting 8% growth this year and 8.2% next year. China's slowdown from its previous double-digit-percentage economic growth has hurt companies counting on the developing economy to fuel sales. Industrials in particular have been hit hard: Major China manufacturing player Caterpillar (NYSE: CAT ) saw its Asia-Pacific retail sales fall at least 20% in each of the last three months as reduced Chinese infrastructure spending hurts demand. Caterpillar's stock hasn't reacted badly to the news, however, with shares gaining 0.5% so far today to defy the Dow's drop. - [By Dan Caplinger]
Caterpillar (NYSE: CAT ) has dropped 1.1% after heavy-equipment peer Deere (NYSE: DE ) reported earnings this morning. Deere has fallen more than 5% despite beating estimates for its first-quarter results, as investors instead focused on a weakening sales forecast. Although Deere's agricultural-equipment focus leaves it somewhat more exposed to unpredictable events like weather and crop prices, Caterpillar shares the same general vulnerability to overall economic conditions that have led some customers to defer making large capital expenditures. Without a broader-based recovery, Caterpillar may continue to lag.
Top 10 Heal Care Companies To Invest In Right Now: Acacia Research Corporation(ACTG)
Acacia Research Corporation, through its subsidiaries, acquires, develops, licenses, and enforces patented technologies in the United States. It assists patent owners with the prosecution and development of their patent portfolios; protection of their patented inventions from unauthorized use; generation of licensing revenue from users of their patented technologies; and enforcement against unauthorized users of their patented technologies. The company owns or controls the rights to approximately 200 patent portfolios, which include the United State?s patents and foreign counterparts covering technologies used in various industries. Acacia Research Corporation was founded in 1992 and is based in Newport Beach, California.
Advisors' Opinion:- [By Bryan Murphy]
Well, it would be inaccurate to see patent-defense companies like Vringo, Inc. (NASDAQ:VRNG), InterDigital, Inc. (NASDAQ:IDCC), and Acacia Research Corp. (NASDAQ:ACTG) have been forced into going out of business. But, it wouldn't be inaccurate to say some of these so-called patent trolls are now potentially facing a much bigger legal headwind. Investors of companies like IDCC, ACTG, and VRNG may want to reassess the upside of their holdings, now that new laws regarding patent litigation have all but been put into place.
Top 10 Heal Care Companies To Invest In Right Now: Western Refining Inc.(WNR)
Western Refining, Inc. operates as an independent crude oil refiner and marketer of refined products. The company operates in three segments Refining Group, Wholesale Group, and Retail Group. The Refining Group segment operates two refineries in Texas and Mexico; two stand-alone refined product distribution terminals in New Mexico; and four asphalt terminals in Texas, as well as operates crude oil transportation and gathering pipeline system in New Mexico. It refines various grades of gasoline, diesel fuel, jet fuel, and other products from crude oil, other feedstocks, and blending components; and acquires refined products through exchange agreements and from various third-party suppliers. This segment sells its products through its wholesale group and service stations, independent wholesalers and retailers, commercial accounts, and sales and exchanges with oil companies. The Wholesale Group segment distributes commercial wholesale petroleum products primarily in Arizona, California, Colorado, Nevada, New Mexico, Texas, and Utah for retail fuel distributors, as well as for the mining, construction, utility, manufacturing, transportation, aviation, and agricultural industries. The Retail Group segment operates service stations, which include convenience stores or kiosks that sell various grades of gasoline, diesel fuel, general merchandise, and beverage and food products to the general public. As of February 24, 2012, it operated 210 service stations with convenience stores or kiosks located in Arizona, New Mexico, Colorado, and Texas. The company was incorporated in 2005 and is headquartered in El Paso, Texas.
Advisors' Opinion:- [By Roberto Pedone]
Another stock that's starting to trend within range of triggering a near-term breakout trade is Western Refining (WNR), a crude oil refiner and marketer of refined products. It also operates service stations and convenience stores. This stock is off to a decent start in 2013, with shares up 10.8%.
If you look at the chart for Western Refining, you'll notice that this stock has been uptrending strong for the last month and change, with shares soaring higher from its low of $25.47 to its recent high of $32.09 a share. During that uptrend, shares of WNR have been consistently making higher lows and higher highs, which is bullish technical price action. This stock has also moved back above both its 50-day and 200-day moving averages, which is bullish. That move has now pushed shares of WNR within range of triggering a near-term breakout trade.
Traders should now look for long-biased trades in WNR if it manages to break out above some near-term overhead resistance at $32.09 a share with high volume. Look for a sustained move or close above that level with volume that hits near or above its three-month average action of 1.96 million shares. If that breakout triggers soon, then WNR will set up to re-test or possibly take out its next major overhead resistance levels at $34 to $36.50 a share. Any high-volume move above $36.50 will then give WNR a chance to tag its 52-week high at $39.42 a share.
Traders can look to buy WNR off any weakness to anticipate that breakout and simply use a stop that sits right below either its 200-day at $30.06 a share or its 50-day at $29.30 a share. One can also buy WNR off strength once it takes out that breakout level with volume and then simply use a stop that sits a comfortable percentage from your entry point.
This is yet again another name that the bears are in love with, since the current short interest as a percentage of the float for WNR is crazy high at 39.7%. A monster short-squeeze could easily tr
- [By Myra Ramdenbourg]
Western Refining Inc. (WNR): CFO Gary R Dalke Sold 20,000 Shares
On 07/08/2014, CFO Gary R Dalke sold 20,000 shares at an average price of $40.58. The price of the stock has decreased by 0.22% since. Western Refining Inc. has a market cap of $4.15 billion and its shares were traded at around $40.49. The company has a P/E ratio of 14.70 and P/S ratio of 0.36 with a dividend yield of 2.27%.
- [By Aimee Duffy]
It;s been a very robust year for master limited partnership IPOs to say the least. On Thursday, Western Refining (NYSE: WNR ) successfully spun off its midstream logistics MLP, Western Refining Logistics (NYSE: WNRL ) . The partnership became the 14th MLP to make its debut this year.
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