wall street
SONY CORP. ADRs, $16.82, New York symbol SNE, gained 7% this week after it said it would consolidate its money-losing TV operations as a separate firm by July 2014. That should make it easier to sell in the future. In the meantime, Sony will focus on making high-end ultra high-definition TV sets, which are more profitable than current TVs. As well, the company has agreed to sell its struggling Vaio personal computer operations to a private equity firm, though it will hang on to 5% of this business for now. These moves make sense, because intense competition has made these products less profitable. They will also let Sony focus on its more-promising products, like its PlayStation video game console....
INTERNATIONAL FLAVORS & FRAGRANCES INC. (New York symbol IFF; www.iff.com) makes over 36,000 unique compounds that improve the taste of foods and the smell of a wide variety of consumer products. Major clients include Procter & Gamble, Nestle, Kraft, Unilever and General Mills....
PLEASE NOTE: Next week, Canadian Wealth Advisor will reveal its “#1 Safety-Conscious Stock Pick for 2014.” One week from today, on February 7, 2014, shortly after the stock market closes at 4:00 p.m. Toronto time, we will reveal our our #1 Safety-Conscious Pick for 2014 to subscribers of Canadian Wealth Advisor. You can be among the first to hear about our #1 pick for 2014. Because you’re a loyal subscriber, we are happy to offer you a bargain-priced, no-risk introduction to Canadian Wealth Advisor. It gives you the first month—and the 2013 U.S. Stock of the Year—FREE. But you must act now. Click here. NEWELL RUBBERMAID INC., $30.90, New York symbol NWL, is our Stock of the Year for 2014. Our 2014 choice gives you a prime example of how we apply part three of our three-pronged investing approach, which is to downplay or avoid stocks in the broker/media limelight. (The other two parts are to invest mainly in well-established stocks and to spread your money out across the five main economic sectors)....
PLEASE NOTE: One week from today, on January 31, 2014, shortly after the stock market closes at 4:00 p.m. Toronto time, we will reveal our #1 U.S. Stock of 2014 to subscribers of Wall Street Stock Forecaster. You can be among the first to hear about our #1 pick for 2014. Because you’re a loyal subscriber, we are happy to offer you a bargain-priced, no-risk introduction to Wall Street Stock Forecaster. It gives you the first month—and the 2014 Stock of the Year—FREE. But you must act now. Click here. CAE INC., $14.24, Toronto symbol CAE, announced this week that it has sold five flight simulators to Air Canada and four other customers. In all, these orders are worth $70 million. That’s equal to 3% of CAE’s annual revenue of $2.2 billion....
PLEASE NOTE: One week from today, on January 31, 2014, shortly after the stock market closes at 4:00 p.m. Toronto time, we will reveal our #1 U.S. Stock of 2014 to subscribers of Wall Street Stock Forecaster. You can be among the first to hear about our #1 pick for 2014. Because you’re a loyal subscriber, we are happy to offer you a bargain-priced, no-risk introduction to Wall Street Stock Forecaster. It gives you the first month—and the 2014 Stock of the Year—FREE. But you must act now. Click here. GOODYEAR TIRE & RUBBER, $23.04, symbol GT on New York, is our Stock of the Year for 2014. Goodyear is the world’s largest tire maker, with 52 plants in 22 countries....
In next week’s Wall Street Stock Forecaster Hotline, we’ll reveal our #1 U.S. stock pick for 2014. Don’t miss this unique opportunity to profit. EBAY INC., $54.37, Nasdaq symbol EBAY, moved up this week after activist investor Carl Icahn, who owns 0.82% of the company, proposed that it sell its PayPal online-payment business or set it up as a separate firm. He also wants to replace two of eBay’s 11 directors with his nominees. The company rejected the idea. It feels PayPal is important to its long-term growth and makes its auction websites more valuable....
Some investors may be surprised to learn that we considered Microsoft Corp., $36.38, symbol MSFT on Nasdaq (Shares outstanding: 8.3 billion; Market cap: $303.7 billion; www.microsoft.com), as a candidate for our Wall Street Stock Forecaster “Stock of the Year” for 2014. These investors might come up with two reasons for their surprise. 1.“The stock’s been a dog for years.” This is true, but the analogy is misleading....
PLEASE NOTE: One week from today, on January 24, 2014, shortly after the stock market closes at 4:00 p.m. Toronto time, we will reveal our #1 Aggressive Stock of 2014 to subscribers of Stock Pickers Digest. You can be among the first to hear about our #1 pick for 2014. Because you’re a loyal subscriber, we are happy to offer you a bargain-priced, no-risk introduction to Stock Pickers Digest. It gives you the first month—and the 2014 Stock of the Year—FREE. But you must act now. Click here. GOOGLE INC., $1,150.53, Nasdaq symbol GOOG, announced this week that it is buying Nest Labs Inc. Nest is a privately held California-based company that was founded by two former Apple engineers. It makes thermostats that adjust a house’s temperature depending on the time of day, the occupants’ habits and other factors. This lowers heating and cooling costs....
PLEASE NOTE: One week from today, on January 24, 2014, shortly after the stock market closes at 4:00 p.m. Toronto time, we will reveal our #1 Aggressive Stock of 2014 to subscribers of Stock Pickers Digest. You can be among the first to hear about our #1 pick for 2014. Because you’re a loyal subscriber, we are happy to offer you a bargain-priced, no-risk introduction to Stock Pickers Digest. It gives you the first month—and the 2014 Stock of the Year—FREE. But you must act now. Click here. CAE INC., $14.10, Toronto symbol CAE, is our Stock of the Year for 2014. This is CAE’s third time as our #1 pick. It was our Stock of the Year in 2000, when it gained 130.0% for us. We picked it again for 2002, but 9/11 hurt air travel much more than we expected. Fuel prices also moved up, the economy weakened, and CAE dropped 54.2% that year....