dividends paid
AEROPOSTALE $8.14 (New York symbol ARO; TSINetwork Rating: Extra Risk) (646- 485-5410; www.aeropostale.com; Shares outstanding: 78.5 million; Market cap: $639.7 million; No dividends paid) has adopted a shareholder rights plan. These schemes are often called poison pills, because they aim to thwart hostile takeovers by issuing many new shares to existing shareholders if someone tries to take over a company.
A number of private equity firms now hold interests in Aeropostale, and they are pushing it to put itself up for sale so one or more of them can take it private.
It’s uncertain which direction Aeropostale will take, or whether any of its private equity shareholders can force a sale....
A number of private equity firms now hold interests in Aeropostale, and they are pushing it to put itself up for sale so one or more of them can take it private.
It’s uncertain which direction Aeropostale will take, or whether any of its private equity shareholders can force a sale....
CHIPOTLE MEXICAN GRILL $516.89 (New York symbol CMG; TSINetwork Rating: Speculative) (303-595-4000; www.chipotle.com; Shares outstanding: 30.9 million; Market cap: $15.9 billion; No dividends paid) is launching its new catering service across the U.S....
AMAZON.COM $395.96 (Nasdaq symbol AMZN; TSINetwork Rating: Extra Risk) (206-266-1000; www.amazon.com; Shares outstanding: 457.7 million; Market cap: $177.4 billion; No dividends paid) has expanded its AmazonFresh same-day grocery delivery service to San Francisco....
ADOBE SYSTEMS INC. $59 (Nasdaq symbol ADBE; Aggressive Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 501.8 million; Market cap: $29.6 billion; Price-to-sales ratio: 7.0; No dividends paid since June 2005; TSINetwork Rating: Average; www.adobe.com) earned $164.6 million, or $0.32 a share, in its fiscal 2013 fourth quarter, which ended November 29, 2013. That’s down 46.5% from $307.9 million, or $0.61 a share, a year earlier. Revenue fell 9.7%, to $1.04 billion from $1.15 billion.
Last year, the company starting selling its Creative Cloud package of photo-editing and desktop-publishing programs as a subscription instead of a one-time purchase. Adobe added 402,000 Creative Cloud subscribers during the quarter, to bring its total to 1.44 million. That beat its goal of 1.25 million users.
The stock is up 57% in the past year and now trades at 53.6 times the $1.10 a share that Adobe will likely earn in fiscal 2014. That’s a high p/e ratio for a company that mainly serves customers in cyclical businesses like publishing. However, its switch to sale-by-subscription could generate a lot of long-term growth.
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Last year, the company starting selling its Creative Cloud package of photo-editing and desktop-publishing programs as a subscription instead of a one-time purchase. Adobe added 402,000 Creative Cloud subscribers during the quarter, to bring its total to 1.44 million. That beat its goal of 1.25 million users.
The stock is up 57% in the past year and now trades at 53.6 times the $1.10 a share that Adobe will likely earn in fiscal 2014. That’s a high p/e ratio for a company that mainly serves customers in cyclical businesses like publishing. However, its switch to sale-by-subscription could generate a lot of long-term growth.
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BLACKBERRY LTD. $6.29 (Toronto symbol BB; Aggressive Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 524.6 million; Market cap: $3.3 billion; Price-to-sales ratio: 0.3; No dividends paid; TSINetwork Rating: Speculative; www.blackberry.com) has sold $1 billion U.S....
IAMGOLD $3.55 (Toronto symbol IMG; TSINetwork Rating: Speculative) (1-888-464-9999; www.iamgold.com; Shares outstanding: 376.6 million; Market cap: $1.4 billion; No dividends paid) is suspending its dividend payments to conserve cash while it waits for gold prices to rebound. The move follows similar cuts by other gold miners.
Gold has dropped over 30%, from its high near $1,800 U.S. an ounce in September 2012 to $1,232 today.
IAMGold is still a buy for exposure to a rebound in gold prices....
Gold has dropped over 30%, from its high near $1,800 U.S. an ounce in September 2012 to $1,232 today.
IAMGold is still a buy for exposure to a rebound in gold prices....
AMAZON.COM $395.96 (Nasdaq symbol AMZN; TSINetwork Rating: Extra Risk) (206-266-1000; www.amazon.com; Shares outstanding: 457.7 million; Market cap: $177.4 billion; No dividends paid) has expanded its AmazonFresh same-day grocery delivery service to San Francisco. The move follows the launch of the service in Los Angeles in June 2013. AmazonFresh has also been available in the company’s hometown of Seattle for some time.
AmazonFresh promises same-day or early morning delivery of over 500,000 items, including groceries and food from specialty shops. Delivery is free on all orders over $35 if the customer pays a yearly $299 subscription fee. The fee also includes the benefits of Amazon’s Prime service, such as free two-day shipping on most of the other products sold on Amazon.com.
AmazonFresh may help the company achieve its goal of same-day delivery of all its products. In addition to groceries, AmazonFresh trucks will deliver a range of toys, electronics and household goods. Eventually, these trucks could let the company ship to customers directly and do away with the services of UPS or FedEx in many markets. The trucks could also let Amazon pick up returns from customers, again cutting out the courier companies and speeding up service.
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AmazonFresh promises same-day or early morning delivery of over 500,000 items, including groceries and food from specialty shops. Delivery is free on all orders over $35 if the customer pays a yearly $299 subscription fee. The fee also includes the benefits of Amazon’s Prime service, such as free two-day shipping on most of the other products sold on Amazon.com.
AmazonFresh may help the company achieve its goal of same-day delivery of all its products. In addition to groceries, AmazonFresh trucks will deliver a range of toys, electronics and household goods. Eventually, these trucks could let the company ship to customers directly and do away with the services of UPS or FedEx in many markets. The trucks could also let Amazon pick up returns from customers, again cutting out the courier companies and speeding up service.
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CHIPOTLE MEXICAN GRILL $516.89 (New York symbol CMG; TSINetwork Rating: Speculative) (303-595-4000; www.chipotle.com; Shares outstanding: 30.9 million; Market cap: $15.9 billion; No dividends paid) is launching its new catering service across the U.S. The move follows successful test marketing in certain markets, including Colorado.
Chipotle’s catering includes four different meal options to feed between six and 200 people. The meals offer its trademark highquality food, including naturally raised meat.
Customers will pick up the catering orders themselves, which means the company won’t have to hire delivery personnel.
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Chipotle’s catering includes four different meal options to feed between six and 200 people. The meals offer its trademark highquality food, including naturally raised meat.
Customers will pick up the catering orders themselves, which means the company won’t have to hire delivery personnel.
...
AEROPOSTALE $8.14 (New York symbol ARO; TSINetwork Rating: Extra Risk) (646- 485-5410; www.aeropostale.com; Shares outstanding: 78.5 million; Market cap: $639.7 million; No dividends paid) has adopted a shareholder rights plan. These schemes are often called poison pills, because they aim to thwart hostile takeovers by issuing many new shares to existing shareholders if someone tries to take over a company.
A number of private equity firms now hold interests in Aeropostale, and they are pushing it to put itself up for sale so one or more of them can take it private.
It’s uncertain which direction Aeropostale will take, or whether any of its private equity shareholders can force a sale. However, their involvement does highlight its underlying value and turnaround potential.
...
A number of private equity firms now hold interests in Aeropostale, and they are pushing it to put itself up for sale so one or more of them can take it private.
It’s uncertain which direction Aeropostale will take, or whether any of its private equity shareholders can force a sale. However, their involvement does highlight its underlying value and turnaround potential.
...
Sales of automated teller machines (ATMs) have slowed in developed markets like North America and Europe, as banks in these regions continue to cut their spending in the wake of the 2008 financial crisis. However, the long-term outlook for these ATM makers is bright, because ATMs help banks cut their operating costs. As well, rising prosperity is prompting banks in developing markets to add more ATMs. NCR CORP. $35 (New York symbol NCR; Aggressive Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 166.4 million; Market cap: $5.8 billion; Price-to-sales ratio: 0.9; No dividends paid; TSINetwork Rating: Average; www.ncr.com) continues to benefit from its $791-million purchase of Israel-based Retalix in February 2013. Retalix’s software helps retailers manage sales and inventory. In the quarter ended September 30, 2013, Retalix contributed $80 million to NCR’s revenue, which rose 5.1%, to $1.5 billion from $1.4 billion a year earlier. That missed the consensus revenue estimate of $1.58 billion, which caused the stock to fall 11%. Earnings gained 20.9%, to $185 million from $153 million. Earnings per share rose 18.8%, to $0.76 from $0.64....