The Dow Jones Industrial Average (DJINDICES: ^DJI ) is down slightly as the market eagerly awaits the 2 p.m. EDT release of the Federal Reserve Open Market Committee's statement, followed by the 2:30 p.m. EDT press conference with Fed Chairman Ben Bernanke. As of 1:15 p.m. EDT the Dow is down 21 points, or 0.13%, to 15,298. The S&P 500 (SNPINDEX: ^GSPC ) is down 0.14% to 1,649.
There were no U.S. economic releases today, so the market is focused solely on the Fed's statement. To review, as part of its quantitative-easing program, the Federal Reserve is purchasing $85 billion worth of long-term assets each month -- $45 billion in long-term Treasuries and $40 billion in mortgage-backed securities. This is an effort to keep rates down and the economy chugging along.
Investors have begun to worry about when and how the Fed will wind down its quantitative-easing program. Bernanke has made a big effort to communicate the Fed's thinking so as to not to surprise investors. In its previous statements, the Federal Reserve has said it will keep the purchases going until unemployment falls to 6.5%, inflation rises past the Fed's target range of 2% to 2.5%, or long-term inflation expectations take off.
Top Services Companies To Own For 2015: Powershares Golden Dragon (PGJ)
PowerShares Golden Dragon Halter USX China Portfolio is based on the Halter USX China Index. The Index is comprised of the United States listed securities of companies, which derive a majority of their revenue from the People's Republic of China. The fund was incepted on December 9, 2004.
The sectors covered by the investment include consumer discretionary, consumer staples, energy, financials, healthcare, industrials, information technology, materials, telecommunications and utilities. PowerShares Capital Management LLC provides investment management to the Fund.
Advisors' Opinion:- [By MONEYMORNING.COM]
PowerShares Golden Dragon China Portfolio (NYSE: PGJ) has a position in more than 70 companies, and its holdings are all U.S.-listed companies that generate most of their revenue in China. For that reason, Alibaba is the perfect candidate to join PGJ's holdings once it starts trading on the New York Stock Exchange.
- [By Robert Martin]
With that in mind, here are four of the best emerging market ETF picks: A China ETF, an India ETF, and two other ETFs that track broad indices like the MSCI Emerging Markets Index.
PowerShares Gold Dragon Halter USX China Portfolio (PGJ)Expense Ratio: 0.7%
Top Diversified Bank Companies To Own For 2014: Fluor Corporation(FLR)
Fluor Corporation, through its subsidiaries, provides engineering, procurement, construction, maintenance, and project management services worldwide. Its Oil & Gas segment offers design, engineering, procurement, construction, and project management services to upstream oil and gas production, downstream refining, chemicals, and petrochemicals industries. This segment also provides consulting services comprising feasibility studies, process assessment, and project finance structuring and studies. The company?s Industrial & Infrastructure segment offers design, engineering, procurement, and construction services to the transportation, wind power, mining and metals, life sciences, manufacturing, commercial and institutional, telecommunications, microelectronics, and healthcare sectors. Its Government segment provides engineering, construction, logistics support, contingency response, management, and operations services to the United States government focusing on the Departme nt of Energy, the Department of Homeland Security, and the Department of Defense. The company?s Global Services segment offers operations and maintenance, small capital project engineering and execution, site equipment and tool services, industrial fleet services, plant turnaround services, temporary staffing services, and supply chain solutions. Its Power segment provides engineering, procurement, construction, program management, start-up and commissioning, and operations and maintenance services to the gas fueled, solid fueled, plant betterment, renewables, nuclear, and power services markets. The company also offers unionized management and construction services in the United States and Canada. Fluor Corporation was founded in 1912 and is headquartered in Irving, Texas.
Advisors' Opinion:- [By Louis Navellier]
If we look at the sector using Portfolio Grader, we see that many of the big names in the group like Flour (FLR), Granite Construction (GVA) and KBR incorporated (KBR) are rated ��ell.��The anticipated spending for both government and private industry simply hasn�� materialized, and the companies are not seeing revenue or profit growth.
- [By Ben Levisohn]
URS Corp, which competes with the likes of Fluor (FLR), Jacobs Engineering (JEC) and Tetra Tech (TTEK), said it would earn between $3.20 and $3.30 a share in 2013–the previous range had been between $4.10 and $4.25 a share–and also offered guidance for 2014 that was well below analyst forecasts. On the plus side, URS said it would buy its shares back at a faster pace than previously announced.
- [By Bryan Murphy]
CES Synergies Inc. (OTCBB:CESX) isn't a name you hear too often when discussing what's ahead for big engineering and construction firms like Dycom Industries, Inc. (NYSE:DY) or Fluor Corporation (NYSE:FLR). But, maybe it should be. What's good for the goose is also good for the gander, so to speak, and some good news for FLR and DY posted recently bodes just as well - maybe even better - for owners of CESX.�
- [By The Energy Report]
JH: One of the areas where the U.S. for decades has been the leading technological power is in small nuclear reactors. We've used them on our aircraft carriers and on our nuclear submarines safely and efficiently. The U.S. has an advantage in understanding small modular nuclear reactors. One of the companies that we have followed for a long time that's working on that is Babcock & Wilcox Co. (BWC). There's also Fluor Corp. (FLR), which is working on small modular nuclear reactors. President Obama and the Department of Energy are funding research on the implementation of small modular nuclear reactors.
Top Diversified Bank Companies To Own For 2014: BYD Co Ltd (BYDDF)
BYD COMPANY LIMITED is principally engaged in the research, development, manufacture and distribution of automobiles, secondary rechargeable batteries and mobile phone components. The Company operates its businesses primarily through secondary rechargeable battery business, which provides lithium-ion batteries and nickel batteries, which are applied in mobile phones, digital cameras, electric tools, electric toys and other portable electronic devices; mobile phone components and assembly businesses, which offers casings, keypads, liquid crystal display (LCD) modules, cameras, flexible circuit boards, chargers, and mobile phone design and assembly services, as well as automobile business, which provides automobiles, including G6, S6 and other series. Advisors' Opinion:- [By Chris Isidore]
Shares of Tesla (TSLA) shot up as high as $196, before easing off those highs later in the day. That topped the previous record set Sept. 30 Shares of Chinese electric carmaker BYD (BYDDF), in which Warren Buffett's Berkshire Hathaway (BRKA, Fortune 500) has taken a stake, were also higher in trading in China and the United States.
Top Diversified Bank Companies To Own For 2014: Investors Title Company(ITIC)
Investors Title Company, through its subsidiaries, provides title insurance to residential, institutional, commercial, and industrial properties. It underwrites land title insurance for owners and mortgagees as a primary insurer; and offers the reinsurance of title insurance risks to other title insurance companies. The company also provides tax-deferred real property exchange services, as well as serves as an exchange accommodation titleholder and holds property for exchangers in reverse exchange transactions; offers investment management and trust services to individuals, companies, banks, and trusts; and provides consulting services to title insurance agencies. Investors Title Company serves various customers in the residential and commercial market sectors of the real estate industry. It issues title insurance policies primarily through approved attorneys from underwriting offices, as well as through independent issuing agents in 24 states and the District of Columbia, the United States. The company was founded in 1972 and is headquartered in Chapel Hill, North Carolina.
Advisors' Opinion:- [By CRWE]
Investors Title Company (NASDAQ:ITIC), reported its results for the second quarter ended June 30, 2012. Net income increased 110.0% to $3,349,488, or $1.57 per diluted share, compared with $1,594,805, or $0.74 per diluted share, for the prior year quarter.
Top Diversified Bank Companies To Own For 2014: Meredith Corp (MDP)
Meredith Corporation, incorporated on September 8, 1905, is a media and marketing company serving American women. The Company operates two business segments: national media and local media. The national media segment includes magazine publishing, brand licensing, digital and customer relationship marketing, digital and mobile media, database-related activities, and other related operations. The local media segment consists of the operations of network-affiliated television stations, related digital and mobile media, and video creation operations. In February 2014, Gannett Co Inc completes the sale of KMOV-TV in St. Louis, MO, to Meredith Corp.
National Media
The Company�� national media segment includes national consumer media brands delivered through multiple media platforms, brand licensing activities, and business-to-business marketing products and services. It focuses on the home and family market and is a publisher of magazines serving women. During the fiscal year ended June 30, 2013 (fiscal 2013) the Company published in print twenty subscription magazines, including Better Homes and Gardens, Family Circle, Ladies' Home Journal, Parents, FamilyFun, American Baby, EveryDay with Rachael Ray, and Fitness, and approximately 120 special interest publications under approximately 75 titles primarily under the Better Homes and Gardens brand. 20 if the Company�� brands are also available as digital editions on various platforms. The Company�� national media segment's extensive digital media presence consists of over 40 Websites, almost 30 mobile-optimized Websites, and about 30 applications (apps). Of those websites and apps, the Allrecipes' brand accounts for 18 websites, 18 mobile sites serving 23 countries in 12 languages, and 11 mobile apps. The national media segment also includes digital and customer relationship marketing, which provides specialized marketing products and services to some of America's companies; a large consumer database; brand licensing activities! , and other related operations. National media segment represented 74 % of the Company�� revenues in fiscal 2013. The Company�� magazines offer regional and demographic editions that contain similar editorial content but allow advertisers to customize messages to specific markets or audiences. The Company sells two primary types of magazine advertising: display and direct-response. Advertisements are either run-of-press (printed along with the editorial portions of the magazine) or inserts (preprinted pages).
The Company also possesses a marketing unit, Meredith 360掳, which provides clients and their agencies with access to a range of media products and services it has to offer, including many media platforms. Its subscription magazines, except American Baby, Ser Padres, and Successful Farming, are also sold by single copy. Single copies sold on newsstands are distributed primarily through magazine wholesalers, who have the right to receive credit from the Company for magazines returned to them by retailers. National media has 22 apps focused on food, parenthood, and health. National media's 30 websites and 10 mobile-optimized Websites provide ideas and inspiration. These branded websites focus on the topics that women care about most-food, home, entertaining, and meeting the needs of moms-and on delivering content geared toward lifestyle topics, such as health, beauty, style, and wellness.
Local Media
The Company�� local media segment consists of 12 network-affiliated television stations located across the United States. The television stations consist of six CBS affiliates, three FOX affiliates, two MyNetworkTV affiliates, and one NBC affiliate. Local media's digital presence includes 20 Websites and mobile Websites and 36 apps focused on news, sports, and weather-related information. Local media segment represented 26% of the Company�� revenues in fiscal 2013. The principal sources of the local media segment's revenues are local advertising focusing on ! the immed! iate geographic area of the stations, national advertising, retransmission of its television signal to satellite and cable systems, advertising on the stations' Websites and mobile Websites, station operation management fees, and payments by advertisers for other services, such as the production of advertising materials. The stations sell commercial time to both local/regional and national advertisers. The Company broadcasts local newscasts in high definition in six of its markets and in wide screen format in its other four markets. Meredith Video Studios (MVS) is its development, production, and multiplatform distribution company that produces video for use by the Company�� television stations and its local and national media Websites, and is producing custom video for clients as well.
Advisors' Opinion:- [By John Udovich]
Meanwhile, Tremor Video announced it had reached agreement with Meredith Corporation (NYSE: MDP) to serve as its exclusive third party partner to monetize their unsold desktop pre-roll inventory. Under the agreement, Meredith Digital�� video inventory on sites�like Allrecipes.com, BHG.com and Parents.com will only be available through Tremor Video�� and Meredith Digital�� sales forces and the press release noted that such�partnerships have enabled the company to create a ��obust online video ecosystem��of over 500 premium websites and mobile applications.
- [By Tiernan Ray]
FBR & Co.‘s�William Bird, who follows the shares of old media dinosaurs�Gannett (GCI), �Meredith�(MDP),�News�(NWSA), and�The New York Times�(NYT), today offers the findings of a survey of 2,041 adults in the U.S. from March 12th to March 17th.
- [By Tyler Laundon]
Publishing company Meredith Corporation (MDP), which yields 3.4%, is also among the top ten holdings. This company has a long history of dividend growth dating back to the mid-1990s and is a perfect fit for the DGRS.
- [By Douglas A. McIntyre]
That leaves the only viable long-term strategy which has promise as mergers and acquisitions. Time Inc. did buy American Express Publishing recently. However, the revenue of the publisher of Travel + Leisure and Food & Wine is too insignificant to affect Time Inc.’s sales by any meaningful measure. Time Inc. has limited options if it wishes to make a large purchase within its own industry. Early this year, publisher Meredith Corp. (NYSE: MDP) had talks with Time Warner about buying most of Time Inc. Time Inc.’s management may have considered buying Meredith, but the market cap of the publisher of women’s magazines, which also holds broadcast properties, is $2.29 billion. Time Inc. would need to offer a large premium to the current share price to convince Meredith’s board that such a deal would be fair for shareholders. And Time Inc. is unlikely to gamble that sum of money to improve its revenue moderately. Alternatively, Time Inc. could try to buy Meredith’s magazine assets.
Top Diversified Bank Companies To Own For 2014: Guggenheim Multi-Asset Income ETF (CVY)
The Guggenheim Multi-Asset Income ETF (the Fund), formerly Claymore/Zacks Multi-Asset Income Index ETF, seeks investment results that correspond generally to the performance of an equity index called the Zacks Multi-Asset Income Index (the Index). The Index consists of approximately 125 to 150 securities selected, based on investment and other criteria, from a universe of domestic and international companies. The universe of securities within the Index includes United States-listed common stocks, American depositary receipts (ADRs) paying dividends, real estate investment trusts, master limited partnerships, closed-end funds and traditional preferred stocks. The companies in the universe are selected using a methodology developed by the index provider, Zacks Investment Research, Inc. The Fund, using a passive or indexing investment approach, seeks to replicate the performance of the Index. The Fund�� investment advisor is Claymore Advisors, LLC. Advisors' Opinion:- [By Genia Turanova]
Moreover, investors can do one-stop shopping for most income classes through a single ETF as well. One interesting choice here is Guggenheim Multi-Asset Income (CVY).
Top Diversified Bank Companies To Own For 2014: LiveDeal Inc.(LIVE)
LiveDeal, Inc., together with its subsidiaries, delivers local customer acquisition services for small and medium-sized businesses. It provides online marketing Internet directory services. The company offers InstantProfile, which distributes small businesses? key contact and service information to Internet destinations, including the search engines, Internet directories, and social media networks that enable advertisers to manage their business information in one location and enhance their reach to various destinations a consumer may search for local business services. It also provides online listing services. The company was formerly known as YP Corp. and changed its name to LiveDeal, Inc. in August 2007. LiveDeal, Inc. was founded in 1968 and is headquartered in Las Vegas, Nevada.
Advisors' Opinion:- [By Alan Brochstein]
Matula, who is currently a SVP for LiveDeal (LIVE), has a history of association with penny stock failures. An interesting angle is his tie to a lawyer in Las Vegas, Michael Balabon, who purports to have two separate practices, including a bankruptcy/divorce practice and an employment law practice who has acted as Registered Agent for many of these companies. I was unable to reach anyone at either office on several occasions. In any event, Balabon is the registered agent for PLPL. Coincidentally, he served in that role for NVLX as well as well as all of the former subsidiaries and partners the firm used (the new Medical Marijuana Sciences subsidiary too). Recall that the predecessor to PLPL was Diamond Ranch, and Balabon was the RA there as well. Matula has served in I.R. roles for perpetual failures like VelaTel Global (VELA.PK).
- [By James E. Brumley]
Well, I hate to be the one to say I told you so, but, I told you so. Back on December 11th I said it was time to take a swing on LiveDeal Inc. (NASDAQ:LIVE). The company was causing quite a stir within the investment community, and shares of LIVE were getting more and more bullish traction. All told, LiveDeal shares are up 119% since the look I took less than a month ago, coming out of nowhere, and surprising a lot of people.
- [By James E. Brumley]
To be completely fair, investors and consumers alike may understandably roll their eyes regarding any news from, or about, any online-coupon "daily deals" site. We've been down that road before, with names like Groupon Inc. (NASDAQ:GRPN) and LivingSocial. While both sites were interesting and had their day in the sun, it didn't take long for either to lose their luster. And for GRPN, it didn't take long for its early investors to lose a lot of their money. The daily deals premise never really went away, though. It's just been morphing - and right-sizing - into something that's a win for all the parties involved. That's why Groupon and LivingSocial are still around, even if they're just limping by... the premise itself basically works. What if, however, there was a daily deals site that wasn't too far down the wrong digital-coupon path? Enter LiveDeal Inc. (NASDAQ:LIVE).
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