Shares of Ariad Pharmaceuticals (NASDAQ: ARIA) surged Friday, after the company revealed advisors to European Union regulators believe the company's�Iclusig�cancer drug should stay on the European market. Iclusig is used to treat two rare types of leukemia.
Iclusig is Ariad's only product and was approved by both the FDA and the European Medicines Agency in 2012.
On Oct. 31, however, the Food and Drug Adminstration asked the company to suspend marketing and sales of Iclusig. The watchdog group issued a warning to the company on Oct. 11 after discovering around 24 percent of patients using the drug had heart attacks, strokes and other serious vascular events.
Top 5 Building Product Companies To Invest In 2015: Euler Hermes SA (ELE)
Euler Hermes SA is a France-based credit insurance company. It offers a range of services, including loan assurance, risk assessment, trade debt collection, compensation of losses due to buyer insolvency, bonding and guarantees for companies, reinsurance of loans to individuals and fidelity insurance covering companies against financial loss caused by fraudulent acts. It operates a number of subsidiaries, including Euler Hermes SFAC, Euler Hermes ACI Holding Inc., Euler Hermes Reinsurance AG, among others. On January 1, 2012, the Company completed the simplification of its legal structure in Europe by grouping 13 of its former subsidiaries into one insurance company, Euler Hermes Europe, located in Brussels. Advisors' Opinion:- [By Sarah Jones]
Iberdrola SA (IBE), Spain�� biggest power company, fell 3.4 percent to 3.87 euros. Endesa SA (ELE) slumped 4.6 percent to 16 euros, while Acciona SA (ANA), which owns more than 4 gigawatts of wind farms in the country, tumbled 8.5 percent to 37.95 euros. Red Electrica Corp. slid 7.5 percent to 38.34 euros.
Top 5 Net Payout Yield Stocks To Own Right Now: Bankrate Inc (RATE)
Bankrate, Inc. (Bankrate), incorporated on April 13, 2011, is a publisher, aggregator and distributor of personal finance content on the Internet. The Company provides consumers with personal finances editorial content across multiple vertical categories, including mortgages, deposits, insurance, credit cards, and other categories, such as retirement, automobile loans, and taxes. The Company provides financial applications and information to a network of distribution partners and through national and state publications. The Company develops and provides Web services to over 75 co-branded partners, including personal finance sites on the Internet such as Yahoo!, CNN Money, CNBC and Comcast. The Company licenses editorial content to over 100 newspapers on a daily basis, including including The Wall Street Journal, USA Today, The New York Times, The Los Angeles Times and The Boston Globe. The Company offers services, including Mortgages and Home Lending, Deposits, Insurance, Credit Cards and Other financial products, including those related to retirement, tax, auto, and debt management.
The Company online publishing, is the sale of advertising, sponsorships, leads and hyperlinks, and lead generation within its Online Network through Bankrate.com, Interest.com, Bankaholic.com, Mortgage-calc.com, CreditCardGuide.com, Nationwidecardservices.com, Creditcardsearchengine.com, Feedisclosure.com, Insureme.com, Bankrate.com.cn (China), CreditCards.com, Creditcards.ca, Netquote.com, CD.com, CarInsuranceQuotes.com and InsWeb.com. The print publishing and licensing business is primarily engaged in the sale of advertising in the Mortgage Guide and CD & Deposit Guide.
Mortgages and Home Lending
The Company offers information on rates for different types of mortgages, home lending and refinancing options. The Company�� rate information is specific to geographic location and contains nearly 600 local markets, covering all 50 United States. Consumers can customize searches for mor! tgage rates by loan size, maturity, and location through its online portals. The Company also provides original articles that cover topics, such as trends in housing markets and refinancing perspectives to help consumers with their decision making.
Deposits
The Company offers rate information on different deposit products, such as money market accounts, savings accounts and certificates of deposit. It also provides online analytic tools to help consumers calculate investment value using customized inputs.
Insurance
The Company facilitates a consumer�� ability to receive multiple competitive insurance quotes for auto, business, home, life, health and long-term care based on a single application. It also provides advice and detailed descriptions of insurance terms, aiding consumers in deciding amongst a range of policy options. Insurance quotes can be customized by age, marital status and location. In addition, the Company provides articles on topical subjects, such as recent healthcare reforms, as well as the basics to understanding an insurance policy.
Credit Cards
The Company offers a selection of consumer and business credit and prepaid cards for visitors. It provides detailed credit card information and comparison capabilities, and allows consumers to search for cards that cater to their specific needs. It displays cards by bank or issuer, credit quality, reward program, or card limit. The Company further hosts news and advice on credit card debt and bank policies, as well as tools to estimate credit score and credit card fees.
Other Personal Finance Products
The Company offers information on retirement, taxes, auto, and debt management. The content provided on such topics include 401(k), Social Security, tax deductions and exemptions, auto loans, debt consolidation, and credit risk.
The Company sells leads to insurance agents, insurance carriers and credit card issuers. Its credit c! ard compa! rison marketplace is one of the third party online application sources for all issuers. The Company charges its advertisers on a per-lead basis based on the total number of leads generated for insurance products, and on a per-action basis for credit cards (upon approval or completion of an application). Advertisers that are listed in the Company�� rate tables have the opportunity to hyperlink their listings. In addition, advertisers can buy hyperlinked placement within its qualified insurance listings. It sells its hyperlinks on a per-click pricing model. The Company provides a variety of digital display formats. Its common digital display advertisement sizes are leader boards and banners, which are prominently displayed at the top or bottom of a page, skyscrapers, islands and posters. The Company charges for these advertisements based on the number of times the advertisement is displayed or based on a fixed amount for a campaign.
Advisors' Opinion:- [By Rich Smith]
Meridian Studios, Getty Images It's no great secret that across the nation, insurance premiums are on the rise. Over the past five years, the cost of insuring a home against fire and other casualty has crept up about 10 percent a year -- every year. Health insurance increases, while they've been muted of late, still rose 4 percent this year. But if you think those hikes are steep, get a load of this next one. Congratulations! You're a Father! (Now Open Your Wallet) Kids are expensive. If you're a parent, you know this already. If you're a parent of a kid who hasn't turned 16 just yet, you're on track to get another lesson in how expensive they can be. Because once your offspring passes the driver's test and receive a license to drive from the state, he's going to need to be insured -- and that will cost you an extra $2,000 a year, on average. (By the way, if your kid is getting driver's license, your wallet won't take quite as big a hit, girls being 25 percent less expensive to insure than boys on average. But it'll still be some serious coin.) According to the National Highway Traffic Safety Administration, driving is a risky activity for teens. The are more prone to get into accidents -- about four times as likely as older, more experienced drivers, according to the Centers for Disease Control. And traffic accidents are the leading causes of death for Americans ages 16 to 19. Between lives lost and property destroyed, this all makes insurance companies very wary of insuring teen drivers. And when they do agree to insure a teen, they make you pay through the nose. According to a recent report posted on Bankrate.com's (RATE) InsuranceQuotes.com, across both genders, all age categories, and all 50 states, parents pay an average 84 percent more for their car insurance after adding a teen to their policy. Stay Between the (State) Lines Think that's bad? It might get worse. Unless you're fortunate enough to live in a state like North Carolina or Hawaii,
- [By Rich Smith]
Goldman Sachs thinks Bankrate must fall�
Our marquee ratings change this morning is Bankrate (NYSE: RATE ) , operator of the website of the same name, and many home shoppers' and credit card customers' go-to site for finding up-to-date rates on financial products. Goldman Sachs downgraded the stock to "sell" this morning, and they're not shy about telling you why. - [By WWW.DAILYFINANCE.COM]
Shutterstock It's common knowledge that car insurance companies charge different rates to different sorts of people -- in particular, male people and young people. But it's still news when it's revealed just how much premiums differ. Recently, the insurance rate experts at Bankrate.com (RATE) subsidiary insuranceQuotes.com did some digging into this issue. Crunching the numbers on car insurance rates in every U.S. ZIP code and canvassing 60 percent to 70 percent of the insurance companies operating within each such ZIP code, iQ highlighted age, gender and marital status as three of the most important factors affecting car insurance rates. Combined, they can cost one driver as much as 50 percent more for insurance than another, similar driver is forced to pay. Here's how. Age The highest premiums are levied on the youngest drivers -- the ones just entering the workforce and least able to afford pricey insurance. On average, a 20-year-old man driver can expect to pay roughly twice the rate charged a 25-year-old male driver for the same car insurance. For women, this "youth surcharge" on a 20-year old driver is nearly as bad -- about 64 percent. Gender You probably noticed that already we're seeing a difference in rates charged for boys as opposed to girls -- 20-year-old male drivers paying twice their elders' rates, while 20-year-old females pay "only" 64 percent more. What this works out to, according to iQ's data, is a sort of 23 percent penalty on "maleness." For 20-year-old drivers, a male will pay 23 percent more for insurance than his female counterpart. Insurers say this is because women are less likely than men, on average, to file claims for car damage -- and so are cheaper to insure. The good news here, is that this gender penalty rapidly evens out as drivers age. By age 25, for example, men's gender penalty drops to just a 4 percent premium over what women pay. And soon after that, the pendulum swings in the other direction. As iQ reports: "betw
- [By Rich Smith]
Getty Images You've all seen the bumper stickers -- maybe you even have one on your car -- "We're spending our kids' inheritance." But funny as the sticker is, and as much as you might share the sentiment on occasion, the truth is that most Americans of retirement age say they aren't doing anything of the sort. That's the upshot of a new survey from Bankrate.com (RATE) subsidiary Interest.com, which recently polled Americans ages 18 to 59, asking whether they expect to receive an inheritance from their elders at some point in their lifetimes. And then they polled the folks bearing the bumper stickers... and came to a pretty startling conclusion: Barely 1 in 4 Americans under the age of 60 have any hope of ever inheriting anything from anybody. But nearly 2 out of 3 Americans age 60 and over say that yes, indeed, they have been saving, and one of these days, their heirs are going to benefit. What We Have Here Is a Failure to Communicate A 2011 study conducted by the Boston College Center for Retirement Research estimated that U.S. retirees have built up an astounding $8.4 trillion dollars worth of inheritable wealth. Baby Boomers have benefited from giveaways to the tune of $2.4 trillion already, but this still leaves $6 trillion more waiting to be handed out. So on one hand, according to Interest.com, 64 percent of the folks with the dough say they expect to have enough money left over at the end of their lives to bequeath it to their heirs. Yet on the other hand, 27 percent of Americans who might inherit that money don't think they'll ever see any of it. Why not? The bumper stickers may be one reason. When enough people start joking about planning to spend what they've got on themselves -- especially in an economy like this one, when that may be their only option -- you can hardly blame the kids for beginning to believe them. Or perhaps the kids may not be expecting to receive an inheritance because they simply don't know there's any money to inherit.
Top 5 Net Payout Yield Stocks To Own Right Now: Unilever PLC(UL)
Unilever PLC operates as a fast-moving consumer goods company in Asia, Africa, Europe, and the Americas. It offers personal care products, including skin care and hair care products, deodorants, and oral care products under the brand names of Axe, Brylcreem, Dove, Fissan, Lifebuoy, Lux, Pond's, Radox, Rexona, Signal & Close Up, Simple, St Ives, Sunsilk, TRESemm� Vaseline, and VO5. The company also provides home care products comprising laundry tablets, powders and liquids, soap bars, and a range of cleaning products under the Cif, Comfort, Domestos, Omo, Radiant, Sunlight, and Surf brand names. In addition, it offers food products consisting of soups, bouillons, sauces, snacks, mayonnaise, salad dressings, margarines and spreads, as well as cooking products, such as liquid margarines. The company markets its food products under the brand names of Becel/Flora, Bertolli, Blue Band, Rama, Hellmann?s, Amora, and Knorr. Further, it provides refreshment products, which includ e ice cream, tea-based beverages, weight-management products, and nutritionally enhanced staples under the brand names of Heartbrand, Lipton, and Slim Fast. Unilever sells its products through its own sales force, as well as through independent brokers, agents, and distributors to chain, wholesale, co-operative and independent grocery accounts, food service distributors, and institutions. The company, formerly known as Lever Brothers Limited, was founded in 1885 and is based in London, the United Kingdom. Unilever PLC is a subsidiary of The Unilever Group.
Advisors' Opinion:- [By Tom Taulli]
Unilever’s (UL) standing with consumers is rock-solid. About 2 billion customers use a Unilever product each day, making the company the world’s No. 3 player in the consumer staples segment.
Top 5 Net Payout Yield Stocks To Own Right Now: SunCoke Energy Partners LP (SXCP)
SunCoke Energy Partners, L.P., incorporated on July 30, 2012, manufactures coke, which is used in the blast furnace production of steel. The Company's sponsor owns the remaining 35% interest in each of Haverhill and Middletown. The Company's sponsor, through its subsidiary, owns a 55.9% partnership interest in the Company owns and controls its general partner which holds a 2% general partner interest in the Company. The Company's cokemaking ovens utilize efficient, modern heat recovery technology designed to combust the coal's volatile components liberated during the cokemaking process and use the resulting heat to create steam or electricity for sale. The Company operates in cokemaking facilities located in Ohio. In September 2013, SunCoke Energy Partners, L.P completed its acquisition of Lakeshore Coal Handling Corporation. In October 2013, the Company acquired Kanawha River Terminals LLC (KRT).
The Company licenses this advanced heat recovery cokemaking process from its sponsor. The Company's sponsor designed, developed and built, and owns and operates five cokemaking facilities in the United States, including Haverhill and Middletown with an aggregate coke production capacity of approximately 4.2 million tons per year and designed and operates one cokemaking facility in Vitoria, Brazil with a coke production capacity of approximately 1.7 million tons per year. Approximately 90% or 17.5 million tons, was for blast furnace steelmaking operations and the remaining 10% was for foundry and other non-steelmaking operations. The Company's cokemaking capacity represents stated capacity for the production of blast furnace coke. The Middletown capacity on a run of oven basis is approximately 578,000 tons per year.
The first phase of the Company's Haverhill facility or Haverhill 1, includes steam generation facilities which use hot flue gas from the cokemaking process to produce steam. The steam is sold to a third-party pursuant to a steam supply and purchase agreement. The Company! 's Middletown facility and the second phase of the Company's Haverhill facility, or Haverhill 2, include cogeneration plants that use the hot flue gas created by the cokemaking process to generate electricity. The electricity is either sold into the regional power market or to AK Steel pursuant to energy sales agreements. The Company has Approximately 400 acres in Franklin Furnace (Scioto County), Ohio, on which the Haverhill cokemaking facility is located and 250 acres in Middletown (Butler County), Ohio near AK Steel�� Middletown Works facility, on which the Middletown cokemaking facility is located.
Advisors' Opinion:- [By Ben Levisohn]
We like [SunCoke Energy] due to its growth optionality and believe this business model is well positioned to benefit from the steel industry’s over-leveraged balance sheet, lack of profitability, and historically low asset valuations.�[SunCoke Energy] brings to the table a low cost of capital and proven business model. We estimate that�[SunCoke Energy] has business development opportunities across various industries (including coke making, coal handling and ferrous) which could be worth as much as 3-4x in annual EBITDA as the company�� current asset base. [SunCoke Energy] has very low commodity price exposure relative to steel mills and coal miners.�[SunCoke Energy] also maintains a 55.9% common unit interest and a GP interest in [SunCoke Energy Partners (SXCP)] (the MLP) which allows�[SunCoke Energy] to benefit disproportionately from the MLP�� growth given their incentive distribution rights.
- [By Aimee Duffy]
But this too is starting to shift. If you look at the most-recent IPOs on the New York Stock Exchange, you'll find many corners of the energy industry represented:
Tallgrass Energy Partners�-- Natural gas midstream, debuted May 14 KNOT Offshore Partners (NYSE: KNOP ) -- Shuttle tankers, debuted April 10 SunCoke Energy Partners (NYSE: SXCP ) -- Coal/coke making, debuted Jan. 18 CVR Refining (NYSE: CVRR ) -- Mid-continent refining, debuted Jan. 17There have also been a few MLP-related funds to hit the market this year, including Global X Junior MLP ETF�and Neuberger Berman MLP Income Fund.
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