Investors' emotions weren't the only things to go on a rollercoaster ride after the Federal Reserve's decision not to taper, MoneyShow’s Tom Aspray explains what else happened, and what to expect before the ride's over.
The majority of analysts and economists were quite shocked by the FOMC announcement last Wednesday to leave their bond buying program intact.. There were a few unusually angry comments from investment pros as they apparently tried to save face for telling their client that the taper was a sure thing.
There was also a consensus amongst investors that the FOMC announcement would have little impact on the markets and that was also wrong, but hopefully, they did not sell ahead of the announcement.
It was definitely a wild ride for the markets after the FOMC announcement, as the extent of the swings in many of the key markets surprised even the most seasoned pros. The one minute charts of the S&P 500, gold, the US dollar and the DJ US Home Construction Index from the WSJ illustrates this point.
10 Best Restaurant Stocks To Invest In Right Now: Boral Ltd (BLD)
Boral Limited (Boral), is engaged in the manufacture and supply of building and construction materials in Australia, the United States and Asia. The Company�� operating segments include Construction Materials & Cement, Building Products, Boral Gypsum, and Boral USA. The Construction Materials & Cement is engaged in quarries, concrete, asphalt, transport, landfill, property, cement and concrete placing. The Building Products segment is engaged in Australian bricks, roof tiles, masonry, timber products and windows. The Boral Gypsum involves Australian and Asian plasterboard. The Boral USA is engaged in Bricks, cultured stone, roof tiles, fly ash, concrete and quarries. Advisors' Opinion:- [By Eric Lam]
Ballard Power (BLD), which designs and manufactures hydrogen fuel cells, slumped 15 percent to C$1.42, the biggest decline since March. The company yesterday said it will sell about 9 million units at $1.40 a unit for proceeds of about $12.6 million. The cash generated will be used to fund working capital, support growth and general corporate purposes, the company said.
Hot Construction Stocks To Buy For 2014: Tile Shop Holdings Inc (TTS)
Tile Shop Holdings, Inc., incorporated on June 21, 2012, is a specialty retailer of manufactured and natural stone tiles, setting and maintenance materials, and related accessories in the United States. The Company sells over 4,500 products from around the world, including ceramic, porcelain, glass, and stainless steel manufactured tiles and, marble, granite, quartz, sandstone, travertine, slate, and onyx natural tiles. It purchases its tile products and accessories directly from producers. The Company manufactures its own setting and maintenance materials, such as thinset, grout, and sealers under its brand name. The Company operates 70 stores in 22 states, with an average size of 23,000 square feet. It also sells its products on its Website. In January 2014 Tile Shop Holdings Inc launched its first retail store in Oklahoma City.
The Company offers a complete assortment of tile products, generally sourced directly from producers, including ceramic, porcelain, glass, and stainless steel manufactured tiles, and marble, granite, quartz, sandstone, travertine, slate, and onyx natural tiles. The Company also offers a range of setting and maintenance materials, such as thinset, grout and sealers, and accessories, including installation tools, shower and bath caddies, drains, and similar products.
The Company competes with Home Depot, Tile America, World of Tile, Century Tile, and Floor and Decor, Dal-Tile and Florida Tile.
Advisors' Opinion:- [By John Udovich]
The shorts appear to be trying to crack small cap Tile Shop Holdings, Inc (NASDAQ: TTS)���meaning it might be worth taking a realistic look at the stock and any potential problems surrounding it plus the performance of other home improvement retailers or peers like Lumber Liquidators Holdings Inc (NYSE: LL), which is not into tiles, and The Home Depot, Inc (NYSE: HD) and Lowe's Companies, Inc (NYSE: LOW) which would be into tiles.
- [By Jake L'Ecuyer]
Equities Trading DOWN
Shares of Tile Shop Holdings (NASDAQ: TTS) were down 2.16 percent to $12.67. Citigroup downgraded Tile Shop from Buy to Neutral.
Hot Construction Stocks To Buy For 2014: Societe Libanaise des Ciments Blancs SAL (CBN)
Societe Libanaise des Ciments Blancs SAL is a Lebanon-based joint stock company that operates in the construction materials industry sector. The Company is engaged in the production and sale of white cement. The Company is a 65.99% owned by Holcim (Liban) SAL. Advisors' Opinion:- [By CanadianValue]
Nigeria�� reformed banking system has provided many foreigners with an attractive means to invest in the fast-growing domestic economy. The banking industry is important, not only because of the rise of microfinance, but because of the move by banks into consumer banking. Until recently, banks were mainly financing large businesses or the government through bond purchases. Following a banking crisis in 2008, the Central Bank of Nigeria (CBN) conducted an audit of the commercial banking sector. All banks that failed the audit had their CEOs replaced. The state-owned Asset Management Corporation (AMCON) was created to purchase non-performing loans and recapitalize the unhealthy banks. A recent review of the country�� banks by the IMF showed a dramatic increase in profits for the industry in 2012, while the capital adequacy ratio was above the minimum requirement of 10% and non-performing loans were below the mandated threshold of 5%5.
Hot Construction Stocks To Buy For 2014: Aegion Corp (AEGN)
Aegion Corporation, incorporated on August 17, 2011, is engaged in infrastructure protection, providing technologies and services to protect against the corrosion of industrial pipelines and for the rehabilitation and strengthening of sewer, water, energy and mining piping systems and buildings, bridges, tunnels and waterfront structures. The Company operates in five segments: Energy and Mining, North American Sewer and Water Rehabilitation, European Sewer and Water Rehabilitation, Asia-Pacific Sewer and Water Rehabilitation and Commercial and Structural. The Company�� business activities include manufacturing, distribution, installation, coating and insulation, cathodic protection, research and development and licensing. Its products and services are utilized and performed in more than 100 countries across six continents. The Company offers solutions for rehabilitating aging or deteriorating infrastructure and protecting new infrastructure from corrosion. In June 2013, Aegion Corporation announced that it has sold its 50% interest in Insituform Rohrsanierungstechniken GmbH (Insituform-Germany) to Per Aarsleff A/S. In July 2013, Aegion Corp announced that it has completed the acquisition of Brinderson, L.P.
In March 2012, the Company organized United Special Technical Services LLC (USTS), a joint venture located in the Sultanate of Oman between United Pipeline Systems and Special Technical Services LLC (STS), for the purpose of executing pipeline, piping and flow line high-density polyethylene lining services throughout the Middle East and Northern Africa. United Pipeline Systems holds a 51% equity interest in USTS and STS holds the remaining 49% equity interest. In November 2012, the Company acquired the shares of its joint venture partner, SPML Infra Limited (SPML), an unaffiliated Indian contractor, in Insituform Pipeline Rehabilitation Private Limited (Insituform-India) in order to continue to pursue business opportunities in India involving CIPP installations and third party tube! sales, as well as to promote its other products and services. In January 2012, the Company purchased Fyfe Group�� Latin American operations (Fyfe LA), which included all of the equity interests of Fyfe Latin America S.A., a Panamanian entity (and its interest in various joint ventures located in Peru, Costa Rica, Chile and Colombia), Fyfe Latin America S.A. de C.V., an El Salvadorian entity, and Fibrwrap Construction Latin America S.A., a Panamanian entity. In April 2012, the Company purchased Fyfe Group�� Asian operations (Fyfe Asia), which included all of the equity interests of Fyfe Asia Pte. Ltd, a Singaporean entity (and its interest in two joint ventures located in Borneo and Indonesia), Fyfe (Hong Kong) Limited, Fibrwrap Construction (M) Sdn Bhd, a Malaysian entity, Fyfe Japan Co. Ltd and Fibrwrap Construction Pte. Ltd and Technologies & Art Pte. Ltd., Singaporean entities.
Energy and Mining
The Company�� energy and mining operations provide rehabilitation and corrosion protection services for industrial, mineral, oil and gas piping systems and structures. The Company also offers products for gas release and leak detection systems. Its worldwide energy and mining operations are headquartered in Chesterfield, Missouri. These operations are conducted through its various subsidiaries (United Pipeline Systems based in Durango, Colorado, Bayou based in New Iberia, Louisiana, Corrpro based in Houston, Texas, CRTS based in Tulsa, Oklahoma and Hockway based in the United Arab Emirates). Certain of its energy and mining operations outside of the United States are conducted through its wholly owned subsidiaries in the United Kingdom, Portugal, Chile, Canada, Argentina, Brazil and the United Arab Emirates and through its joint ventures in Canada, Mexico, Oman, Singapore, Saudi Arabia and Morocco.
United Pipeline Systems performs pipeline rehabilitation services using its Tite Liner process. Its Bayou business performs internal and external pipeline coating, lini! ng, weigh! ting and insulation services, as well as specialty fabrication services for offshore deep water installations, including project management and logistics. Its Corrpro business performs fully-integrated corrosion prevention services including: engineering; product and material sales; construction and installation; inspection, monitoring and maintenance; andcoatings. Its CRTS business specializes in the application of internal and external corrosion coatings services and equipment for new pipeline construction projects. Its Hockway business performs cathodic protection, engineering and design, manufacturing, maintenance and installation services to the oil and gas markets.
Water and Wastewater Rehabilitation Operations
The Company�� sewer rehabilitation activities are conducted principally through installation and other construction operations performed directly by its subsidiaries. In certain geographic regions, the Company has granted licenses to unaffiliated companies. Its North American Water and Wastewater operations, including research and development, engineering, training and financial support systems, are headquartered in Chesterfield, Missouri. During the year ended December 31. 2012, tube manufacturing and processing facilities for North America were maintained in eight locations, geographically dispersed throughout the United States and Canada.
The Company also conducts Insituform CIPP process rehabilitation operations worldwide through its wholly owned subsidiaries and through direct and indirect joint venture relationships. The results from these operations are included in its European Water and Wastewater and Asia-Pacific Water and Wastewater operating segments, as appropriate. The Company utilize multifunctional robotic devices developed by its French subsidiary in connection with the inspection and repair of pipelines. The Company also maintain a manufacturing facility in Wellingborough, United Kingdom to support European operations and through wh! ich the C! ompany sell liners to third parties.
Commercial and Structural Operations
The Company�� commercial and structural operations perform rehabilitation and strengthening of pipelines, buildings, bridges, tunnels and waterfront structures throughout the United States and Canada through Fibrwrap Construction Services, headquartered in Ontario, California, in its Asian markets through Its wholly owned subsidiaries and through Its joint ventures in Borneo and Indonesia and in its Latin American markets through its joint ventures in Chile, Colombia, Costa Rica and Peru. Through Fyfe Co., headquartered in San Diego, California, the Company designs and manufactures the FRP composite systems used in these applications. It�� wholly owned Fyfe entities located in El Salvador, Singapore, Japan, Malaysia and Hong Kong and its Fyfe joint ventures in Borneo and Indonesia, provide product and engineering services throughout Latin America and Asia-Pacific. Its licensee in Greece provides product and services throughout the Middle East and Europe.
Advisors' Opinion:- [By Rich Duprey]
Infrastructure protection specialist Aegion (NASDAQ: AEGN ) announced yesterday that it was acquiring maintenance, contraction, and engineering firm�Brinderson for $150 million and that the deal will close on July 1.
- [By Damian Illia]
Finally, I always like to see one of the most important financial ratios applying to stockholders, the best measure of performance for a firm's management: the return on equity. The ratio has decreased when compared to its ROE from the same quarter one year prior. This is a signal of major weakness. Moreover, it is worse than those shown in the table like Aegion Corporation (AEGN), EnerNOC Inc. (ENOC), MYR GroupInc. (MYRG) and Pike Corporation (PIKE).
- [By CRWE]
Aegion Corporation (Nasdaq:AEGN) reported the award today of two subcontracts for its Malaysian subsidiary, Insituform Linings Asia Sdn Bhd, with a total value of approximately $9.3 million (USD).
Hot Construction Stocks To Buy For 2014: Bouygues SA (BOUYF.PK)
Bouygues SA is a France-based group that operates in two sectors: Telecommunications and Media, and Construction. The Construction division comprises three core subsidiaries: Bouygues Construction, specializing in building and public works activities, notably in the areas of electrical engineering, and facility maintenance; Bouygues Immobilier, a property development company, whose activities include the development of residential, corporate and commercial properties, and the execution of urban development schemes, and Colas, engaged in the construction and maintenance of transport, urban development and leisure infrastructure. The Telecommunications and Media division of the Group comprises two companies: TF1, specializing in audiovisual and cinema production, the acquisition and sale of audiovisual rights, and the publishing and distribution of compact discs, among others, and Bouygues Telecom, which offers mobile telephone and broadband Internet services. Advisors' Opinion:- [By Mike Arnold]
I normally don't look at charts much, but comparing Orange to its competitors in the French telecommunications market is quite fascinating. As one can see, incumbents Bouygues (BOUYF.PK) and Vivendi (VIVHY.PK) (owner of SFR) saw similar price declines. The market, on the other hand, rapidly bid up the price of new entrant Iliad SA (ILIAF.PK), as a result of forecasts for Iliad to capture significant mobile market share (which it did, around 10%). The wide divergence in price relative to changes in underlying value favor going long the incumbents, including Orange. Because this time it's different.
Hot Construction Stocks To Buy For 2014: Fortune Brands Home & Security Inc (FBHS)
Fortune Brands Home & Security, Inc., incorporated on June 9, 1988, is engaged in home and security products with companies focused on the design, manufacture and sale of products in Kitchen & Bath Cabinetry, Plumbing & Accessories, advanced material windows & entry door Systems, and security and storage products. The Company operates through four business segments: Kitchen & Bath Cabinetry, Plumbing & Accessories, Advanced Material Windows & Door Systems, and Security & Storage. The Kitchen & Bath Cabinetry segment manufactures custom, semi-custom, and stock cabinetry for the kitchen, bath, and other areas of the home. Plumbing & Accessories segment manufactures and assembles faucets, accessories, and kitchen sinks. The Advanced Material Windows & Door Systems segment manufactures and sells fiberglass and steel entry door systems. The Security & Storage segment provides locks, safety, and security devices and electronic security products. In June 2013, Fortune Brands Home & Security Inc completed the acquisition of WoodCrafters Home Products.
Kitchen & Bath Cabinetry
The Company�� Kitchen & Bath Cabinetry segment�� products includes brand names, such as Aristokraft, Omega, Kitchen Craft, Schrock, Diamond, HomeCrest, Decora, Kemper, Thomasville and Martha Stewart Living. Principally all of this segment�� sales are in North America. The Company sells directly to kitchen and bath dealers, home centers, wholesalers and builders. During the year ended December 31, 2012, sales to The Home Depot and Lowe's consisted of approximately 32% of net sales of the Kitchen & Bath Cabinetry segment.
The Company competes with Masco and American Woodmark.
Plumbing & Accessories
The Plumbing & Accessories segment manufactures accessories and kitchen sinks in North America, China and India, predominantly under the Moen brand. The sells its Plumbing & Accessories products principally in the United States and Canada. It also sells them in China, India, ! Mexico, South America and Southeast Asia. It sells directly through its own sales force and indirectly through independent manufacturers��representatives, primarily to wholesalers, home centers, mass merchandisers and industrial distributors. During 2012, sales to The Home Depot and Lowe's consisted of approximately 29% of net sales of the Plumbing & Accessories segment.
The Company competes with Delta, Kohler, Pfister and American Standard.
Advanced Material Windows & Door Systems
The Company�� Advanced Material Windows & Door Systems segment manufactures fiberglass and steel entry door systems, vinyl-framed window and patio doors, and urethane millwork product lines. Therma-Tru products include fiberglass and steel residential entry door and patio door systems, primarily for sale in the United States and Canada. Simonton brand of vinyl-framed windows and patio doors are mainly manufactured and sold in the United States. The segment�� principal customers are home centers, millwork building products and wholesale distributors, and specialty dealers that provide products to the residential new construction market, as well as to the remodeling and renovation markets. During 2012, sales to The Home Depot and Lowe�� comprised approximately 17% of net sales of the Advanced Material Windows & Door Systems segment.
The Company competes with Masonite, JELD-WEN and Plastpro, Silverline, Atrium and Milgard.
Security & Storage
The Company�� Security & Storage segment consists of locks, safety and security devices, and electronic security products manufactured, sourced and distributed by Master Lock and tool storage and garage organization products manufactured by Waterloo. The segment sells products principally in the United States Canada, Europe, Australia and Central America. Master Lock manufactures and sells key-controlled and combination padlocks, bicycle and cable locks, built-in locker locks, door hardware, automotive, t! railer an! d towing locks, and other specialty safety and security devices. Master Lock sells products for consumer use to hardware and other retail outlets, wholesale distributors and home centers, industrial and institutional users, original equipment manufacturers and retail outlets. During 2012, Security & Storage sales to international markets comprised approximately 20% of sales.
Waterloo manufactures tool storage and garage organization products, steel toolboxes, tool chests, workbenches and related products. Waterloo primarily sells to Sears retail stores. In addition, Waterloo sells under the Waterloo and private-label brand names to specialty industrial and automotive dealers, mass merchandisers, home centers and hardware stores.
The Company competes with Asian importers, Homak, Stanley Black & Decker, Snap-On, Kennedy, Stack-On and others in the metal storage segment and with Stanley Black & Decker, Keter, Newell Rubbermaid
Advisors' Opinion:- [By Joseph Gacinga]
Another notable case is the spinoff of Fortune Brands Home & Security (NYSE: FBHS ) from Beam (NYSE: BEAM ) in 2011. Fortune Brands Home & Security shares have climbed at a much faster clip than Beam's shares since then.
Hot Construction Stocks To Buy For 2014: Alexandria Real Estate Equities Inc. (ARE)
Alexandria Real Estate Equities, Inc., a real estate investment trust (REIT), engages in the ownership, operation, management, development, acquisition, and redevelopment of properties for the life sciences industry. Its properties consist of buildings containing scientific research and development laboratories, and other improvements. The company offers its properties for lease primarily to universities and independent not-for-profit institutions; and pharmaceutical, biotechnology, medical device, life science product, service, biodefense, and translational research entities, as well as governmental agencies. As of December 31, 2006, it had 159 properties, including 156 properties located in 9 states in the United States and 3 properties located in Canada. As a REIT, the company is not subject to federal income tax to the extent that it distributes 100% of its taxable income to its stockholders. The company was founded in 1993 and is based in Pasadena, California.
Advisors' Opinion:- [By Shauna O'Brien]
Real estate investment trust Alexandria Real Estate Equities Inc (ARE) announced on Tuesday that its board has approved a 4.6% increase to its quarterly dividend.
The firm has raised its dividend from 65 cents to 68 cents per share, or $2.72 annually. The dividend will be paid on October 15 to shareholders of record on September 30. The stock will go ex-dividend on September 26.
Alexandria Real Estate Equities shares were mostly flat during pre-market trading Tuesday. The stock is down 9% YTD.
- [By Markus Aarnio]
Owens Realty Mortgage's competitors include American Assets Trust (AAT), Alexandria Real Estate Equities (ARE) and Boston Properties (BXP). American Assets Trust has seen five insider buy transactions and four insider sell transactions this year. American Assets Trust has a dividend yield of 2.78%. Alexandria Real Estate Equities has seen 14 insider sell transactions this year. Alexandria Real Estate Equities has a dividend yield of 4.10%. Boston Properties has seen one insider buy transaction and four insider sell transactions this year. Boston Properties has a dividend yield of 2.43%.
- [By Bill Stoller]
After a banner 2013, the overall market has had a challenging start to 2014. However, these four companies have been crushing it: Alexander Real Estate (NYSE: ARE ) , BioMed Realty Trust (NYSE: BMR ) , CommonWealth REIT (NYSE: CWH ) , and Sun Communities (NYSE: SUI ) early on in 2014 vs. the S&P 500. Their relative out-performance can also be seen when compared to the Vanguard REIT Index ETF (NYSEMKT: VNQ ) a good yardstick to measure sector performance.
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