LOS ANGELES (MarketWatch) -- Australian stocks shimmied lower in early Tuesday trade, with earnings news moving the share prices of some major names. The S&P/ASX 200 (AU:XJO) moved off a flat open to trade down 0.1% at 5,218.50 after rising 1.1% the previous day. Financial blue chip Macquarie Group Ltd. (AU:MQG) (MCQEF) lost 2.7% following the release of its operational update, with broker BBY telling Dow Jones Newswires that the quarterly statement was very similar to its previous update, signaling no change to earnings expectations. Shares of Cochlear Ltd. (AU:COH) (CHEOF) , the world's top hearing-implant maker, snapped 9.1% lower after the firm posted a larger-than-expected 73% drop in profit from a year earlier. However, Australia & New Zealand Banking Group (AU:ANZ) (ANEWF) managed to rise 0.5% after reporting a quarterly profit gain of more than 20% with fewer non-performing loans. Meanwhile, further gains for gold overnight lifted Newcrest Mining Ltd. (AU:NCM) (NCMGF) by 1.3%, Evolution Mining Ltd. (AU:EVN) (CAHPF) by 2.5% and St. Barbara Ltd. (AU:SBM) by 3%. On the downside for miners, Paladin Energy Ltd. (AU:PDN) (PALAF) lost 2.5% as selling surfaced following the uranium extractor's 5% gain Monday. In other action, Automotive Holdings Group Ltd. (AU:AHE) ticked 0.3% higher after saying Toyota Motor Corp.'s (JP:7203) (TM) decision to halt auto production in Australia wouldn't hurt its business.
5 Best High Tech Stocks To Watch For 2015: Chevron Corporation(CVX)
Chevron Corporation, through its subsidiaries, engages in petroleum, chemicals, mining, power generation, and energy operations worldwide. It operates in two segments, Upstream and Downstream. The Upstream segment involves in the exploration, development, and production of crude oil and natural gas; processing, liquefaction, transportation, and regasification associated with liquefied natural gas; transportation of crude oil through pipelines; and transportation, storage, and marketing of natural gas, as well as holds interest in a gas-to-liquids project. The Downstream segment engages in the refining of crude oil into petroleum products; marketing of crude oil and refined products primarily under the Chevron, Texaco, and Caltex brand names; transportation of crude oil and refined products by pipeline, marine vessel, motor equipment, and rail car; and manufacture and marketing of commodity petrochemicals, plastics for industrial uses, and fuel and lubricant additives. It a lso produces and markets coal and molybdenum; and holds interests in 13 power assets with a total operating capacity of approximately 3,100 megawatts, as well as involves in cash management and debt financing activities, insurance operations, real estate activities, energy services, and alternative fuels and technology business. Chevron Corporation has a joint venture agreement with China National Petroleum Corporation. The company was formerly known as ChevronTexaco Corp. and changed its name to Chevron Corporation in May 2005. Chevron Corporation was founded in 1879 and is based in San Ramon, California.
Advisors' Opinion:- [By Robert Rapier]
It may seem a bit ironic, but on the day that the National Climate Assessment report was released, the Standard & Poor�� Energy Index reached a new record high. This index of 44 companies includes major energy names like ExxonMobil (NYSE: XOM), Chevron (NYSE: CVX), ConocoPhillips (NYSE: COP), Halliburton (NYSE: HAL), Kinder Morgan (NYSE: KMI), Peabody (NYSE: BTU) and Valero (NYSE: VLO). All of the companies in the index produce or enable the production of fossil fuels, which end up as carbon dioxide in the atmosphere.
Top 5 Blue Chip Companies To Buy Right Now: Visa Inc.(V)
Visa Inc., a payments technology company, engages in the operation of retail electronic payments network worldwide. It facilitates commerce through the transfer of value and information among financial institutions, merchants, consumers, businesses, and government entities. The company owns and operates VisaNet, a global processing platform that provides transaction processing services. It also offers a range of payments platforms, which enable credit, charge, deferred debit, debit, and prepaid payments, as well as cash access for consumers, businesses, and government entities. The company provides its payment platforms under the Visa, Visa Electron, PLUS, and Interlink brand names. In addition, it offers value-added services, including risk management, issuer processing, loyalty, dispute management, value-added information, and CyberSource-branded services. The company is headquartered in San Francisco, California.
Advisors' Opinion:- [By David Hanson and Matt Koppenheffer]
Stocks jumped during the early hours of trading, but credit card network monster Visa (NYSE: V ) was lagging behind.
In this video, Motley Fool financial analysts David Hanson and Matt Koppenheffer discuss the business of Visa and tell investors if they believe the stock is fairly valued or overvalued.
- [By Ben Levisohn]
Which isn’t to say there weren’t some winners. United States Steel (X) gained 3.7% to $27.31 this week on the back of a Cowen upgrade, while Visa (V) rose 2.7% after Mastercard (MA) announced a buyback, dividend increase and stock split.
- [By Ben Levisohn]
After last week’s record high, the S&P 500 looked poised for a breakout. Then reality took over, as Russian troops landed in Ukraine, world markets shuddered, and U.S. stocks followed suit thanks to drops in 3M (MMM), Visa (V) and Walt Disney (DIS).
Top 5 Blue Chip Companies To Buy Right Now: Apple Inc.(AAPL)
Apple Inc., together with subsidiaries, designs, manufactures, and markets personal computers, mobile communication and media devices, and portable digital music players, as well as sells related software, services, peripherals, networking solutions, and third-party digital content and applications worldwide. The company sells its products worldwide through its online stores, retail stores, direct sales force, third-party wholesalers, resellers, and value-added resellers. In addition, it sells third-party Mac, iPhone, iPad, and iPod compatible products, including application software, printers, storage devices, speakers, headphones, and other accessories and peripherals through its online and retail stores; and digital content and applications through the iTunes Store. The company sells its products to consumer, small and mid-sized business, education, enterprise, government, and creative markets. As of September 25, 2010, it had 317 retail stores, including 233 stores in the United States and 84 stores internationally. The company, formerly known as Apple Computer, Inc., was founded in 1976 and is headquartered in Cupertino, California.
Advisors' Opinion:- [By Brian Lund]
David Becker/Nightclub & Bar Media Group/Getty ImagesAdam Carolla is defending his popular podcast. I'm going to tell you a secret. When I was a child, I was terrified of trolls -- those terrible creatures inappropriately placed throughout children's books who lived under bridges and apparently would eat you if you crossed their path. Of course, once I got older, I realized that trolls only existed in the pages of storybooks. Then I got even older, and discovered there really are trolls out there after all. They just don't live under bridges. Case in point: The patent troll -– or, to call him by a less pejorative name, the "patent assertion entity" –- is a person or group who tries to enforce patent rights against infringers in an attempt to collect fees, but who doesn't actually produce any product or technology related to that patent. Traditionally, a company or individual with a proprietary product or technology seeks to protect its use with a patent. A patent troll might buy a patent from a bankrupt company, then sue another company, claiming that one of its products infringes on the patent. The Future of Podcasting Is at Risk Patent trolls sometimes sue over technology that was created before the patent they hold was granted, but that the troll asserts contain elements of that which was originally patented. That is what is happening in podcasting. A mysterious group that calls itself Personal Audio claims the patent it owns for a "system for disseminating media content representing episodes in a serialized sequence" applies to podcasts. And that means anyone who does a podcast is infringing on that patent and is liable for licensing fees. In essence, the group is saying the very act of podcasting itself is controlled by their patent. Personal Audio is no stranger to the world of trolling, having sued Apple (AAPL) on the claim that the iPod infringes on its patent for "downloadable playlists." It originally sought $84 million in damag
Top 5 Blue Chip Companies To Buy Right Now: McDonald's Corporation(MCD)
McDonald?s Corporation, together with its subsidiaries, operates as a worldwide foodservice retailer. It franchises and operates McDonald?s restaurants that offer various food items, soft drinks, coffee, and other beverages. As of December 31, 2009, the company operated 32,478 restaurants in 117 countries, of which 26,216 were operated by franchisees; and 6,262 were operated by the company. McDonald?s Corporation was founded in 1948 and is based in Oak Brook, Illinois.
Advisors' Opinion:- [By Dan Caplinger]
So far, consumer-facing stocks have seen only limited impact from the Chinese growth slowdown. McDonald's (NYSE: MCD ) and other fast-food companies have suffered from the avian-flu outbreak and its consequent impact on restaurant volume, especially at chains that sell a substantial amount of chicken-based products. If the Chinese economy falters enough to threaten the rise of the nation's luxury and middle-class consumers, however, then a much wider range of U.S. and other foreign companies could start to see more direct effects. That in turn could pose a much larger direct threat to the Dow and U.S. stocks in general.
- [By Dimitra DeFotis]
Wednesday’s top DJIA laggard stocks were higher, up less than a point, headed into the early�1 p.m. close today.�McDonald’s�(MCD),�Disney�(DIS),�Chevron�(CVX)�Procter & Gamble�(PG) were up, though�ExxonMobil�(XOM) shares were flat headed into the close.�
- [By Rick Aristotle Munarriz]
Alamy Fried chicken and waffles is a staple menu item at countless soul food and comfort food restaurants, but that's not stopping Burger King (BKW) from trying to give the meal a fast-food spin. Burger King is testing a new sandwich in the Northeast that takes the breaded chicken patty used in its Classic Crispy Chicken Sandwich from its King Deals Value Menu and replaces the bun with a split waffle. Burger King's Chicken & Waffle Sandwich isn't as hearty as the meal that it's based on. It's selling for as little as $2.29. But the chain's latest attempt to turn heads with a unique menu item will at least attract curious nibblers if it does decide to broaden the offering across the country. Waffling About Burger King isn't the first popular chain to attempt to reinvent this classic dish. As Nation's Restaurant News points out, last summer, Popeyes Louisiana Kitchen (PLKI) offered Chicken Waffle Tenders -- consisting of chicken tenders dipped in a vanilla maple-scented waffle batter, served with a honey maple dipping sauce. DineEquity's (DIN) IHOP did it three years ago by combining its chicken strips with Belgian waffle quarters. Yum! Brands (YUM) tried to breathe new life into its breakfast business last summer by testing a Waffle Taco -- an egg, sausage, and waffle breakfast sandwich. Even if it doesn't succeed -- and some of the early taste tests haven't been very flattering to the chain's new sandwich -- it's at least comforting to see that Burger King isn't just copying McDonald's (MCD) the way that it has for the past couple of years. Burger King followed McDonald's in offering fancy coffee drinks, fresh fruit smoothies, and popcorn chicken. It has gone on to roll out doppelgangers of the Egg McMuffin and McRib sandwiches. In November, it introduced the Big King, which any patron will quickly recognize as a body double to the Big Mac. Then again, it's not as if following McDonald's lead is such a clever idea right now. The world's largest re
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