Target, stung by a massive credit-card security breach, is taking the unusual step of offering a 10% discount Saturday and Sunday in its U.S. stores at the height of the holiday rush, its CEO announced.
In addition, the company says it is going to offer free credit monitoring to customers who could be at risk from the breach.
In another development, the nation's largest bank, JPMorgan Chase, said Saturday that it was putting limits on about 2 million debit cards used at Target during the period in which the fraud was perpetrated. Those customers were told in an email and on the website they could only use their cards for no more than $100 in cash withdrawals and $300 in total purchases per day.
The actions come after the Minneapolis-based mass-market retailing giant disclosed Thursday that about 40 million credit and debit card accounts were stolen starting with the Thanksgiving weekend. Patrons who swiped credit cards at Target stores from Nov. 27 to Dec. 15 could be at risk.
Top 10 Penny Companies For 2015: Rossi Residencial SA (RSID3)
Rossi Residencial SA is a Brazil-based company involved in the real estate sector. The Company is principally engaged in the development, construction and sale of residential and commercial real estate properties. In addition, it is involved in the subdivision of land and provision of civil engineering services. As of December 31, 2011, the Company had four subsidiaries, including Astir Assessoria Tecnica Imobiliaria e Participacoes Ltda, RCI Consultoria de Imoveis Ltda, Rossi Consultoria de Imoveis Ltda and Rossi Industria de Artefatos de Concreto Ltda, as well as a number of joint ventures, such as Argentea Empreendimentos SA, Damacena Empreendimentos SA, Minulo Empreendimentos SA and Nicandra Empreendimentos SA, among others. Advisors' Opinion:- [By Ney Hayashi]
Rossi Residencial SA (RSID3) climbed 2.1 percent today to 2.98 reais, leading homebuilders higher, as traders pared bets for higher borrowing costs in Brazil following the inflation report. The BM&FBovespa Real Estate Index added 0.5 percent.
- [By Ney Hayashi]
MMX Mineracao & Metalicos SA rose to a one-week high after saying it is seeking partners to expand a mining project. Rossi Residencial SA (RSID3) led gains among homebuilders as traders reduced bets on higher borrowing costs. EDP-Energias do Brasil SA advanced after selling a stake in some of its power plants in Brazil to China Three Gorges Corp. Car-rental company Localiza Rent a Car SA climbed after Fitch Ratings increased its credit rating.
Top 10 Gas Utility Companies To Own For 2014: Lindsay Corp (LNN)
Lindsay Corporation incorporated on January 7, 1974, is a provider of range of water management and road infrastructure products and services. The Company operates in two segments: Irrigation and Infrastructure. The Company�� irrigation segment includes the manufacture and marketing of center pivot, lateral move, and hose reel irrigation systems, which are used principally in the agricultural industry. The irrigation segment also manufactures and markets repair and replacement parts for its irrigation systems and controls, and designs, manufactures and services water pumping stations and controls for the agriculture, golf, landscape and municipal markets. The Company�� infrastructure segment includes the manufacture and marketing of moveable barriers, specialty barriers, crash cushions and end terminals, road marking and road safety equipment, large diameter steel tubing, railroad signals and structures, and outsourced manufacturing services. The Company�� principal infrastructure manufacturing facilities are located in Rio Vista, California, Milan, Italy, and Omaha, Nebraska. In August 2013, the Company announced that it has completed the acquisition of Claude Laval Corp.
Irrigation Segment
The Company manufactures and markets its center pivot and lateral move irrigation systems in the United States and internationally under its Zimmatic brand. The Company also manufactures and markets separate lines of center pivot and lateral move irrigation equipment for use on smaller fields under its Greenfield and hose reel travelers under the Perrot and Greenfield brands in Europe and South Africa. The Company also produces or markets irrigation controls, chemical injection systems and remote monitoring and control systems, which it sells under its GrowSmart brand. In addition to whole systems, the Company manufactures and markets repair and replacement parts for its irrigation systems and controls. The Company also designs, manufactures and services water pumping stations and! controls for the agriculture, golf, landscape and municipal markets.
The Company�� irrigation systems are primarily of the standard sized center pivot type, with a small portion of its products consisting of the lateral move type. Both are automatic, continuous move systems consisting of sprinklers mounted on a water carrying pipeline, which is supported approximately 11 feet off the ground by a truss system suspended between moving towers. The Company also manufactures and distributes mini-pivots and hose reel travelers. The Company also markets pivot monitoring and control systems, which include remote telemetry and a Web or personal computer-hosted data acquisition and monitoring application. These systems allow growers to monitor their pivot system, accumulate data on the operation of the system, and control the pivot from a remote location by logging onto an Internet Website. The pivot monitoring and control systems are marketed under the GrowSmart brand and product name FieldNET.
In the United States, the Company sells its irrigation systems, including Zimmatic, to over 200 independent dealer locations, who resell to their customer, the farmer. Dealers assess their customer�� requirements, assemble and erect the system in the field, and provide additional system components, primarily relating to water supply (wells, pumps, pipes) and electrical supply (on-site generation or hook-up to power lines). Lindsay dealers generally are local agribusinesses, many of which also deal in related products, such as well drilling and water pump equipment, farm implements, grain handling and storage systems, and farm structures. The Company has production and sales operations in France, Brazil and China, as well as distribution and sales operations in South Africa, Australia and New Zealand and sales operations in Central America and the Middle East serving the European, South American, Chinese, African, Australian, New Zealand, Central American and Middle Eastern markets, respect! ively.
Infrastructure Segment
The Company�� Quickchange Moveable Barrier (QMB) system consists of three parts: T-shaped concrete barriers that are connected to form a continuous wall; a Barrier Transfer Machine (BTM), capable of moving the barrier laterally across the pavement, and the variable length barriers necessary for accommodating curves. The BTM employs an inverted S-shaped conveyor mechanism that lifts the barrier, moving it laterally before setting it back on the roadway surface. The QMB system is useful in busy commuter corridors and at choke points, such as bridges and tunnels. QMB systems can also be deployed at roadway or roadside construction. The Company offers a range of equipment lease options for QMB systems and BTM equipment used in construction applications.
The Company offers a line of redirective and non-redirective crash cushions, which are at locations, such as toll booths, freeway off-ramps, medians and roadside barrier ends, bridge supports, utility poles and other fixed roadway hazards. The Company�� primary crash cushion products cover a range of lengths, widths, speed capacities and application accessories and include brand names, such as TAU, Universal TAU-II, TAU-B_NR, ABSORB 350 and Walt. In addition to these products the Company also offers guardrail end terminal products such as the X-Tension and TESI systems. The Company also offers specialty barrier products, such as the SAB, ArmorGuard, PaveGuard and DR46 portable barrier and/or barrier gate systems. The gates are generally used to create openings in barrier walls of various types for both construction and incident management purposes. The DR46 is an energy absorbing barrier to shield motorcyclists from impacting guardrail posts.
The Company offers preformed tape and a line of road safety accessory products. The preformed tape is used primarily in temporary applications, such as markings for work zones, street crossings, and road center lines or boundaries. The road s! afety equ! ipment consists of plastic and rubber products used for delineation, slowing traffic, and signaling. The Company also manages a testing laboratory, Safe Technologies, Inc., that performs testing of safety products. The Company�� Diversified Manufacturing and Tubing business unit (Diversified Manufacturing) manufactures and markets large diameter steel tubing and railroad signals and structures, and provides outsourced manufacturing and production services for other companies. The Company�� customer base includes certain industrial companies and railroads. The Company�� primary infrastructure market includes moveable concrete barriers, delineation systems, guardrails and similar protective equipment. The United States roadway infrastructure market includes projects, such as new roadway construction, bridges, tunnels, maintenance and resurfacing, and the purchase of rights-of-way for roadway expansion and development of technologies for relief of roadway congestion.
Advisors' Opinion:- [By John Kell var popups = dojo.query(".socialByline .popC"); popups.forEach(func]
Lindsay Corp.(LNN) said fiscal second-quarter revenue and earnings fell as the company’s irrigation business remains mired in a sales slump. The company’s results underperformed Wall Street expectations.
Top 10 Gas Utility Companies To Own For 2014: Roma Financial Corporation(ROMA)
Roma Financial Corporation operates as a holding company for Roma Bank and RomAsia Bank that provide traditional retail banking services primarily in New Jersey. The company offers current deposit products, including checking and savings accounts, money market, certificates of deposit accounts, and individual retirement accounts. It also provides one-to four-family residential mortgage loans; multi-family and commercial mortgage loans; construction loans; commercial business loans; and consumer loans comprising home equity loans and lines of credit. In addition, the company sells title insurance; performs title searches; and provides real estate settlement and closing services. It operates 23 branch offices in Mercer, Burlington, Camden, and Ocean Counties, New Jersey; and 2 branches in Monmouth Junction and Edison, New Jersey. The company was founded in 1920 and is headquartered in Robbinsville, New Jersey.
Advisors' Opinion:- [By Tim Melvin]
He also pointed out that the approaching completion of Roma Financial (ROMA) and Investors Bancorp (ISBC) has some interesting implications for bank stock investors. Both are mutual holding companies, and the newly formed bank is expected to complete the process and do a second-step conversion offering. That will be a fairly large deal, much larger than most second-step offerings, as the combined banks should be somewhere around $3 billion in market cap. There will be larger investment banks involved, complete with road shows and institutional meetings to promote the deal. The attention could well cause a revaluation of the mutual holding company and converted thrift sector of the banking market.
Top 10 Gas Utility Companies To Own For 2014: Time Warner Cable Inc(TWC)
Time Warner Cable Inc., together with its subsidiaries, operates as a cable operator in the United States. It offers video, high-speed data, and voice services over its broadband cable systems to residential and commercial customers. The company provides a range of video services, including on-demand, high-definition (HD), and digital video recorder (DVR) services; residential high-speed data services with connection to the Internet; wireless mobile broadband Internet services; and digital phone services to residential customers. It offers video programming tiers and music services; high-speed data, networking, and transport services; and commercial digital phone service to small and medium-sized businesses under the Time Warner Cable Business Class brand. Further, Time Warner Cable Inc. sells advertising to various national, regional, and local customers. As of June 30, 2011, the company served approximately 14.5 million residential and commercial customers in the New Yor k State, the Carolinas, Ohio, southern California, and Texas. Time Warner Cable Inc. is based in New York, New York.
Advisors' Opinion:- [By Harold L. Vogel]
*Includes AMC (AMCX), Cablevision (CVC), Charter, Comcast Cable (CMCSA) and networks, Discovery (DISCA), Disney (DIS) cable networks, Time Warner Cable (TWC) and cable networks, Viacom (VIAB) networks.
- [By WWW.DAILYFINANCE.COM]
SAN FRANCISCO -- Netflix's videos are streaming through Comcast's Internet service at their highest speeds in 17 months, thanks to a recent deal that bought Netflix a more direct connection to Comcast's (CMCSA) network. The data released Monday by Netflix (NFLX) may become another flash point in a debate about whether the Federal Communications Commission should draw up new rules to ensure that all online content providers are treated the same by Internet service providers. The equal-treatment doctrine, known as Net neutrality, has become a thornier topic since January when a federal appeals court overturned the FCC's regulations on the issue. Net neutrality is also drawing more attention as Comcast tries to gain approval of its proposed $45 billion purchase of Time Warner Cable (TWC), another large Internet service provider. As the world's largest Internet video subscription service, Netflix has long supported Net neutrality as a way to prevent online service providers from giving better treatment to websites willing to pay additional fees for the privilege. Nevertheless, Netflix agreed in mid-February to pay an undisclosed sum to Comcast Corp. to create a new avenue for its videos to reach Comcast's service. Netflix previously had been paying third-party vendors such as Cogent Communications Group (CCOI) and Akamai Technologies (AKAM) to deliver its content to Comcast. Some analysts suspect Netflix may be saving money by paying Comcast directly instead of the vendors, but the specifics remain unknown as part of a confidentiality agreement. The arrangement clearly seems to paying off for Netflix subscribers who are among the nearly 21 million households and businesses that rely on Comcast's high-speed Internet service to watch movies and television shows. Comcast delivered Netflix video at an average rate of 2.5 megabits per second during March. That was a 66 percent increase from a recent low of 1.51 megabits per second in January. The March perform
- [By David Dittman]
The buzz around Sprint-T-Mobile–after short-lived and misplaced rumors about Verizon and DISH Network Corp (NSDQ: DISH)–swarmed AT&T-DirecTV (NYSE: DTV) in mid-May. Before that it was Comcast Corp (NSDQ: CMCSA)-Time Warner Cable Inc (NYSE: TWC).
- [By WALLSTCHEATSHEET]
Time Warner Cable provides entertainment, voice, and high-speed data services to a growing customer base in the United States. The company is looking to acquire a stake in Hulu in order to increase the firm’s competitiveness, however, other companies are looking to acquire Time Warner Cable. The stock has been on a strong move higher, and is now trading near all-time high prices. Over the last four quarters, investors in the company have expected a little more from recent earnings reports, though earnings and revenue figures have been steadily rising. Relative to its peers and sector, Time Warner Cable has been an average year-to-date performer. Look for Time Warner Cable to OUTPERFORM.
Top 10 Gas Utility Companies To Own For 2014: Eaton Vance Municipal Bond Fund (EIM)
Eaton Vance Insured Municipal Bond (the Fund) is a closed-end, non-diversified management investment company. The Fund's investment objective is to provide current income exempt from federal income tax, including alternative minimum tax. Eaton Vance Insured Municipal Bond primarily invests in high-grade municipal obligations that are insured as to the timely payment of principal and interest.
The Fund invests primarily in bonds with stated maturities of 10 years or longer. The Fund's portfolio includes tax-exempt investments. Eaton Vance Management acts as the Fund's investment advisor and administrator. Investors Bank & Trust Company serves as the custodian of the Fund.
Advisors' Opinion:- [By Robert Abbott]
OpenText is a software company that operates in the field of Enterprise Information Management (EIM). Think of EIM as a catch-all category for companies that provide various kinds of infrastructure for business information, data, and tools.
Top 10 Gas Utility Companies To Own For 2014: Solarwinds Inc.(SWI)
SolarWinds, Inc. designs, develops, markets, sells, and supports enterprise information technology (IT) infrastructure management software for IT professionals in various organizations in the United States and internationally. The company offers enterprise-class IT management products, including Network Performance Monitor, a server-based fault and performance management platform to minimize network downtime; Network Performance Monitor modules, a series of add-ons; network configuration manager to automate the processes of network device discovery, network inventory management, and network change management; user device tracker, a server-based switch port management tool; scalability engines to increase the scale of a number of the products; and enterprise operations console to provide web-based views of various instances of Network Performance Monitor modules and Application Performance Monitor. Its enterprise-class network and IT management products also comprise Applic ation Performance Monitor, a server-based availability and performance management system for applications and server infrastructure; patch manager to automate the process of deploying, managing, and reporting on patches and configuration settings; and synthetic end user monitor to capture the user steps of any web application and monitor the end-user experience; storage manager that combines reporting, monitoring, and notification on the performance of storage resources; backup profiler to provide a consolidated view of the status of backup operations; virtualization manager to manage various aspects of virtual server infrastructure; and log and event manager to automate the collection and interpretation of logs. In addition, the company provides free tools, such as desktop, laptop, server-based, or internet-based applications; and tools and toolsets for specific solutions of routine and complicated tasks. The company was founded in 1999 and is headquartered in Austin, Texas .
Advisors' Opinion:- [By Travis Hoium]
What: Shares of SolarWinds (NYSE: SWI ) dropped 14% today as investors reacted to the company's acquisition plans.
So what: Yesterday, the company announced it will buy N-able, a cloud-based IT infrastructure company, for $120 million. This is expected to reduce 2013 earnings and there's no guarantee the acquisition will pay off, so investors sold off shares today. �
- [By Hilary Kramer]
Next Page
Tech Stocks That’ll Survive: SolarWinds (SWI)SolarWinds (SWI), contrary to what you might think from its name, is not a solar company. It is a software company with a presence in both virtualization and security, and offers solid profit potential thanks to dedicated customers and a growth rate that is already outpacing the overall industry.
Top 10 Gas Utility Companies To Own For 2014: ZIOPHARM Oncology Inc(ZIOP)
ZIOPHARM Oncology, Inc., a biopharmaceutical company, engages in the development and commercialization of small molecule and synthetic biology approaches to cancer therapies in the United States. The company's clinical programs include Palifosfamide, a DNA cross-linker, which is in a phase III clinical trial for the treatment of metastatic soft tissue sarcoma in the front-line setting. ZIOPHARM is also developing Palifosfamide in combination with etoposide and carboplatin in phase I clinical trial to determine safety for initiating a pivotal, adaptive phase III trial in front-line. In addition, the company, in partnership with Intrexon Corporation, is developing DNA-based therapeutics (synthetic biology) that include two phase 1 clinical-stage product candidates, both of which are DNA IL-12 to be turned on/off by an oral activator ligand. Further, it is developing Indibulin, an oral tubulin binding agent, which is in Phase 1/2 for metastatic breast cancer; and Darinaparsin , a mitochondrial- and hedgehog-targeted agent that is in a solid tumor phase I study with oral administration and has been developed intravenously for the treatment of relapsed peripheral T-cell lymphoma. The company was founded in 2003 and is headquartered in New York City, New York.
Advisors' Opinion:- [By John Udovich]
Biotech in general has been one of the market�� hottest sectors this year thanks to plenty of mostly good news�along with�new IPOs while small cap biotech stocks Delcath Systems (NASDAQ: DCTH), ZIOPHARM Oncology Inc (NASDAQ: ZIOP), Recro Pharma (NASDAQ: REPH), TetraLogic Pharmaceuticals (NASDAQ: TLOG)�and TNI BioTech (OTCMKTS: TNIB) have also produced their share of news�this week or in recent weeks. Just consider the following:
- [By James E. Brumley]
Cancer drug investors who have been disappointed in recent results from shares of Clovis Oncology Inc. (NASDAQ:CLVS) or Nuvilex Inc. (OTCMKTS:NVLX) lately may want to take a look at ZIOPHARM Oncology Inc. (NASDAQ:ZIOP) as a replacement for either of those first two stocks. CLVS is down about 16% for the week on a less-than-flattering write-up in a Bloomberg publication, and NVLX has moved under a pair of key moving averages this week because, well, for no specific reason, but broadly because the recent wave of compelling news is already losing its potency, with most of that upside already being priced into shares (and then some) before it became official.
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