A definitive agreement has been reached in which New Jersey-based Actavis (NYSE: ACT ) will acquire Ireland-based pharma company Warner Chilcott (NASDAQ: WCRX ) in an all-stock transaction valued at $8.5 billion, the companies announced today.
The proposed deal will expand on the existing specialty pharma business of Actavis, particularly therapeutics in areas including women's health, gastroenterology, urology, and dermatology.
At closing, which is expected by year's end, Warner Chilcott shareholders will receive 0.16 shares of the newly combined company, tentatively called "New Actavis," for each share of Warner Chilcott they own. Based on Actavis' closing price of $125.50 a share on May 17, that amounts to $20.08 for each� Warner Chilcott share, a 43% premium over Warner's 30-day volume-weighted average trading price, ending on May 9. Actavis shareholders will receive one share of New Actavis for each share owned at closing.
Hot Forestry Stocks To Own Right Now: Regional Express Holdings Ltd(REX.AX)
Regional Express Holdings Limited, together with its subsidiaries, engages in the provision of air transportation of passenger and freight in Australia. It also offers charter services to users who require air transport outside the scheduled timetable and/or scheduled routes. The company operates approximately 99 aircrafts. In addition, it operates a pilot academy to train cadets to be full fledged pilots. Regional Express Holdings Limited was incorporated in 2002 and is headquartered in Mascot, Australia.
Hot Forestry Stocks To Own Right Now: NAPCO Security Technologies Inc.(NSSC)
Napco Security Technologies, Inc., together with its subsidiaries, manufactures and sells security products for intrusion, fire, video, wireless, access control, and door locking systems. The company offers intrusion and fire alarms, building access control systems, and electronic locking devices for commercial, residential, institutional, industrial, and governmental applications. Its access control systems comprise identification readers, control panel, personal computer-based computer, and electronically activated door-locking devices; alarm systems include automatic communicators, control panels, combination control panels/digital communicators and digital keypad systems, door security devices, fire alarm control panels, and area detectors; and video surveillance systems consists of video cameras, control panel, and video monitor or personal computer. The company also markets peripheral and related equipment manufactured by other companies. It sells and markets its pro ducts to independent distributors, dealers, and installers of security equipment worldwide. The company was formerly known as NAPCO Security Systems, Inc. and changed its name to Napco Security Technologies, Inc. in January 2009. Napco Security Technologies, Inc. was founded in 1969 and is headquartered in Amityville, New York.
Advisors' Opinion:- [By Jim Powell]
A more speculative idea, and a companion stock to ADT, I recommend Napco Security Technologies (NSSC). The company supplies security systems, primarily to commercial, institutional, industrial, and government customers.
Top Consumer Stocks For 2015: Parametric Technology Corporation(PMTC)
Parametric Technology Corporation develops, markets, and supports product lifecycle management (PLM) software solutions and services that help companies design products, manage product information, and enhance product development processes worldwide. Its PLM solutions comprise Windchill, an Internet-based content and process management solution for managing data and relationships, processes, and publications; Arbortext, an enterprise solution to manage complex information assets that enhance their customer support and service center information delivery processes; Creo View, which enables enterprise-wide visualization, verification, annotation, and automated comparison of various product development data formats; and Integrity that coordinates and manages various activities and artifacts associated with developing software-intensive products. The company?s desktop solutions include Creo Parametric, a family of three-dimensional product design solutions based on a parametr ic, feature-based solid modeler that enables changes made during the design process to be associatively updated throughout the design; Creo Elements/Direct, a family of computer aided design and collaboration software used for customers to meet short design cycles and to create product designs; Mathcad, an engineering calculation software solution, which combines a computational engine, accessed through conventional math notation, and with a full-featured word processor and graphing tools; and Arbortext to help customers improve documentation accuracy, speed time to market, reduce translation requirements, and lower publishing costs. In addition, it provides consulting, implementation, training, maintenance, and computer-based training products. Parametric Technology sells its products and services through direct sales force and third-party resellers and other strategic partners. The company was founded in 1985 and is headquartered in Needham, Massachusetts.
Advisors' Opinion:- [By Eric Volkman]
PTC (NASDAQ: PMTC ) results for the company's Q2 have been released. For the quarter, non-GAAP revenue was just under $315 million, which bettered the $302 million the company posted in the same period the previous year. Net profit also saw an increase, advancing to $49.6 million ($0.41 per diluted share) from Q2 2012's $35.9 million ($0.30).
- [By Markus Aarnio]
Autodesk's competitors include Adobe Systems (ADBE), Dassault Systemes SA (DASTY.PK), and Parametric Technology Corporation (PMTC). Here is a table comparing these companies.
- [By Northrop Puckett]
The company is facing headwinds in the broader economy. This can be seen in declining sales in many areas of their business. Regionally, the U.S was flat; Northern Europe was up; Southern Europe was down; and emerging markets were down. Autodesk also lowered quarterly and yearly revenue expectations. This lowering of guidance by Autodesk also matches the same guidance changes made by competitors Parametric Technology (PMTC) and ANSYS (ANSS), so it is not necessarily losing out to its rivals in this case.
Hot Forestry Stocks To Own Right Now: Vicon Industries Inc.(VII)
Vicon Industries, Inc. designs, assembles, and markets video systems and system components for use in security, surveillance, safety, and communication applications. Its product line consists of various elements of a video system, including network/digital/hybrid video recorders, video encoders, decoders, servers and related video management software, data storage units, virtual and analogue matrix video switchers and controls, and system peripherals, as well as analog, high definition, and Internet protocol fixed and robotic cameras. The company?s products are used by commercial and industrial users, such as office buildings, manufacturing plants, warehouses, apartment complexes, shopping malls, and retail stores; federal, state, and local governments for national security purposes, agency facilities, prisons, and military installations; and financial institutions, including banks, clearing houses, brokerage firms, and depositories for security purposes. Its products are also used by gaming casinos; health care facilities, such as hospitals; institutions of education comprising schools and universities; hotels; sports arenas; and transportation departments for highway traffic control, bridge and tunnel monitoring, as well as airport, subway, bus, and seaport security and surveillance. The company sells its products primarily to installing dealers, system integrators, government entities, and distributors principally in the United States, the United Kingdom, rest of Europe, the Middle East, and the Pacific Rim. Vicon Industries, Inc. was founded in 1967 and is headquartered in Hauppauge, New York.
Hot Forestry Stocks To Own Right Now: Arbor Realty Trust Inc (ABR)
Arbor Realty Trust, Inc., incorporated in June 2003, is a specialized real estate finance company. The Company invests in a diversified portfolio of structured finance assets in the multi-family and commercial real estate markets. It invests primarily in real estate-related bridge and mezzanine loans, including junior participating interests in first mortgages, preferred and direct equity, and in limited cases, discounted mortgage notes and other real estate-related assets (collectively, structured finance investments). The Company also holds investments in mortgage-related securities and real estate property. It conducts all of its operations and investing activities through its operating partnership, Arbor Realty Limited Partnership, and its wholly-owned subsidiaries. The Company serves as the general partner of its operating partnership, and owned a 100% partnership interest in its operating partnership as of December 31, 2011.
Targeted Investments
The Company offers bridge financing products to borrowers who are seeking short-term capital to be used in an acquisition of property. The bridge loans it makes range in size from $1 million to $75 million and are predominantly secured by first mortgage liens on the property. The Company offers junior participation financing in the form of junior participating interest in the senior debt. Junior participation financings have the same obligations, collateral and borrower as the senior debt. Its junior participation loans range in size from $1 million to $60 million and have terms of up to 10 years. The Company offers mezzanine financing in the form of loans that are subordinate to a conventional first mortgage loan and senior to the borrower�� equity in a transaction. The Company holds a majority of its mezzanine loans through subsidiaries of its operating partnership that are pass-through entities for tax purposes or taxable subsidiary corporations. The Company provides financing by making preferred equity investments in entit! ies that directly or indirectly own real property. Its preferred equity investments typically range in size from $1 million to $75 million, and have terms up to 10 years.
Structured Finance Investments
The Company owns a diversified portfolio of structured finance investments consisting primarily of real estate-related bridge, junior participation interests in first mortgages, and mezzanine loans, as well as preferred equity investments and mortgage-related securities. As of December 31, 2011, it had 119 loans and investments in its portfolio, totaling $1.5 billion. These loans and investments were for 72 multi-family properties, 25 office properties, nine land properties, seven hotel properties, three retail properties, two condominium properties and one commercial property.
Advisors' Opinion:- [By Lee Jackson]
Arbor Realty Trust Inc. (NYSE: ABR) recently increased its cash position with a secondary offering of 6 million shares of stock. The company invests in multifamily and commercial real estate-related bridge loans, junior participating interests in first mortgages, mezzanine loans, preferred and direct equity, discounted mortgage notes and other real estate-related assets, as well as holds investments in mortgage-related securities and real estate property. Arbor Realty Trust is rated as a stock to buy at Deutsche Bank with a $9.50 price target. The Thomson/First Call estimate for the stock is $9.25. Investors are paid a very solid 7.2% divided. The stock closed Friday at $6.88.
Hot Forestry Stocks To Own Right Now: Orvana Minerals Com Npv (ORV.TO)
Orvana Minerals Corp., a mining and exploration company, engages in the evaluation, development, and mining of precious and base metal deposits. It primarily explores for gold, copper, and silver ores. The company�s principal property includes the El Vall-Boinas/Carles mine located in the Rio Narcea Gold Belt in northern Spain. It also owns and operates the Don Mario Mine project comprising approximately 70,100 hectares of contiguous concessions situated in eastern Bolivia; and the Copperwood copper project covering approximately 712 hectares in the Upper Peninsula of the state of Michigan, the United States. The company was founded in 1992 and is based in Toronto, Canada.
Hot Forestry Stocks To Own Right Now: Energy World Corporation Ltd(EWC.AX)
Energy World Corporation Limited engages in the design, development, construction, operation, and maintenance of power stations in Indonesia and Australia. It develops liquefied natural gas (LNG); designs, constructs, operates, and maintains LNG plants, gas processing plants, and gas pipelines; road transportation of LNG; and design and development of LNG receiving terminals. In addition, the company develops wind farm and hydro-electric power plants; and engages in the exploration, development, and production of oil and gas properties. Energy World Corporation Limited has strategic alliances with Slipform Engineering (H.K.) Limited, Energy World International Limited, Chart, Siemens, and Strike Energy. The company is headquartered in Seaforth, Australia.
Hot Forestry Stocks To Own Right Now: Natural Alternatives International Inc.(NAII)
Natural Alternatives International, Inc. provides private label contract manufacturing services to companies that market and distribute vitamins, minerals, herbs, and other nutritional supplements, as well as other health care products, to consumers in the United States and internationally. It offers strategic partnering services, including customized product formulation, clinical studies, manufacturing, marketing support, international regulatory and label law compliance, international product registration, packaging in multiple formats, and labeling design. The company also develops, manufactures, and markets its own branded products under the Pathway to Healing product line through print media and the Internet distribution channels. It manufactures products in various forms, including capsules, tablets, chewable wafers, and powders. The company was founded in 1980 and is headquartered in San Marcos, California.
Hot Forestry Stocks To Own Right Now: Tribune Co (TRBAA)
Tribune Company, incorporated on March 19, 1968, is a media and entertainment company engaged in newspaper publishing, television and radio broadcasting and entertainment through its subsidiaries. The Company�� operations are divided into two industry segments: publishing and broadcasting and entertainment. In publishing, the Company�� daily newspapers include the Los Angeles Times, Chicago Tribune, The Baltimore Sun, Sun Sentinel (South Florida), Orlando Sentinel, Hartford Courant, The Morning Call and Daily Press. The company�� broadcasting group operates 23 television stations, WGN America on national cable and Chicago�� WGN-AM.
Broadcasting
The Company�� broadcasting owns and operates 23 major-market television stations and reaches more than 80% of United States television households. The group is anchored by WGN America, which can be seen in more than 70 million United States households via cable and satellite services. 13 Tribune stations are affiliates of The CW. Seven are FOX affiliates.
Publishing
The Company�� newspapers include the Los Angeles Times and Chicago Tribune. Tribune Media Services specializes in entertainment listings and syndication, providing news and information for print, broadcast and interactive media.
Tribune Digital
Tribune Digital manages the operations of Tribune�� daily newspapers and their associated Websites, plus all aspects of the Company�� classified advertising operations, as well as Websites for Tribune�� TV stations. Its national classified sites include CareerBuilder.com, Cars.com and Apartments.com.
Advisors' Opinion:- [By Michael Lewis]
The owner of the Los Angeles Times, and recent bankruptcy court emergent,�Tribune� (NASDAQOTH: TRBAA ) �has made some interesting moves since its downfall in 2008, when the company drowned under the weight of its $13 billion debt load -- a parting gift from a leveraged buyout a year earlier. This week, the story got even more interesting, as management announced that the company would split its profitable operations (TV), and its less appealing businesses (papers), into two separate entities. While more details need to emerge before we can determine whether the company is a worthwhile investment, this unloved company could present an interesting opportunity to sophisticated investors.
- [By Tim Brugger]
Murray McQueen has been named to the newly created position of president, real estate, to oversee Tribune's (NASDAQOTH: TRBAA ) "valuable portfolio of more than seven million square feet of real estate assets," the company announced today. McQueen will take over his new role effective immediately.
Hot Forestry Stocks To Own Right Now: Vislink(VLK.L)
Vislink plc, together with its subsidiaries, provides secure communications for the news and entertainment; law enforcement and public safety; marine and energy; and related technical services markets. It engages in the design and manufacture of microwave radio transmission equipment; satellite uplink and downlink equipment; and wireless cameras. The company also offers broadcast transmission systems integration and project management services; and technical installation services. Its CCTV systems product range includes man/machine control interfaces, unique flash lights, and thermal camera stations for ice-detection and crane and submersible applications. The company serves its customers through direct sales, value added resellers, distributors, and agents. It operates primarily in the United Kingdom, the Unites States, Norway, Dubai, Singapore, and South Africa. Vislink plc is based in Hungerford, the United Kingdom.
Hot Forestry Stocks To Own Right Now: Costco Wholesale Corporation(COST)
Costco Wholesale Corporation operates membership warehouses that offer a selection of branded and private label products in a range of merchandise categories in no-frills, self-service warehouse facilities. The company's product categories include candy, snack foods, tobacco, alcoholic and non-alcoholic beverages, and cleaning and institutional supplies; appliances, electronics, health and beauty aids, hardware, office supplies, garden and patio, sporting goods, toys, seasonal items, and automotive supplies; dry and institutionally packaged foods; apparel, domestics, jewelry, house wares, media, home furnishings, cameras, and small appliances; meat, bakery, deli, and produce; and gas stations, pharmacy, food court, optical, one-hour photo, hearing aid, and travel. It also provides business and gold star (individual) membership services. As of April 26, 2011, the company operated 581 warehouses, including 425 in the United States and Puerto Rico, 80 in Canada, 22 in the Uni ted Kingdom, 7 in Korea, 6 in Taiwan, 8 in Japan, 1 in Australia, and 32 in Mexico. It also has Costco Online, an electronic commerce Web site, at costco.com in the United States and at costco.ca in Canada. The company was formerly known as Costco Companies, Inc. and changed its name to Costco Wholesale Corporation in August 1999. Costco Wholesale Corporation was founded in 1976 and is based in Issaquah, Washington.
Advisors' Opinion:- [By Alyce Lomax]
The cold-weather challenge
Given the backdrop of discount retailers cutting outlooks and making excuses, here's one major anomaly that gives investors a reason to buy, or at the very least hold if it's already in their portfolios. Costco (NASDAQ: COST ) shares hit new highs after it reported its quarterly results last week. It managed to weather the cold-weather challenge relatively unscathed.
Hot Forestry Stocks To Own Right Now: New Zealand Oil & Gas Ltd(NZO.AX)
New Zealand Oil & Gas Limited engages in the exploration, production, and sale of oil and gas in New Zealand. The company primarily explores for crude oil, natural gas, liquefied petroleum gas, and condensate or light oil. It principally holds a 12.5% interest in the Tui area oil fields located in the offshore Taranaki basin; and a 15% interest in the Kupe gas and oil field, a gas and light oil/condensate field located in the offshore Taranaki Basin. The company also engages in the exploration and evaluation of hydrocarbons in offshore Taranaki basin, offshore Canterbury basin, and Tunisia. As of December 31, 2010, it had total proven and probable reserves of approximately 12.4 million barrels of oil equivalent. New Zealand Oil & Gas Limited is headquartered in Wellington, New Zealand.
Hot Forestry Stocks To Own Right Now: Omeros Corporation(OMER)
Omeros Corporation, a clinical-stage biopharmaceutical company, engages in discovering, developing, and commercializing products targeting inflammation, coagulopathies, and disorders of the central nervous system. Its product candidates are derived from its proprietary PharmacoSurgery platform that is designed to improve clinical outcomes of patients undergoing arthroscopic, ophthalmological, urological, and other surgical and medical procedures. The company?s lead PharmacoSurgery product candidates include OMS103HP, a Phase 3 clinical program evaluated for OMS103HP?s safety and ability to improve postoperative joint function and reduce pain following arthroscopic partial meniscectomy surgery, and arthroscopic anterior cruciate ligament; OMS302, a Phase 2b clinical trial completed product candidate for use during ophthalmological procedures, including cataract and other lens replacement surgery; and OMS201, a Phase 1/Phase 2 clinical trial completed program for use durin g urological surgery. It also engages in developing proprietary compositions that comprise peroxisome proliferator-activated receptor gamma agonists for the treatment and prevention of addiction to substances of abuse. The company?s pipeline of preclinical product development programs includes Plasmin for Surgical and traumatic bleeding; PDE7 for addictions and compulsive disorders, and movement disorders; MASP-2 for macular degeneration, ischemia-reperfusion injury, transplant surgery, and radiation injury; and PDE10 for Schizophrenia. Omeros Corporation was founded in 1994 and is based in Seattle, Washington.
Advisors' Opinion:- [By John Udovich]
Small cap orphan drug stocks Zalicus Inc (NASDAQ: ZLCS), Omeros Corporation (NASDAQ: OMER) and Viropharma Inc (NASDAQ: VPHM) have been active lately thanks to good news about their orphan drug treatments. In case you aren�� familiar with the term, orphan drug designation by the FDA is granted for drugs targeting conditions affecting 200,000 or fewer US patients annually that are expected to provide significant therapeutic advantage over existing treatments. The designation will also qualify companies for benefits across all stages of drug development, such as�accelerated approval processes, seven years of market exclusivity�after marketing approval, tax credits on�any US�clinical trials, grants and waiver of certain administrative fees.
- [By Monica Gerson]
Omeros (NASDAQ: OMER) shares fell 2.80% to $8.32 in the pre-market trading. Omeros shares have dropped 9.80% over the past 52 weeks, while the S&P 500 index has gained 16.18% in the same period.
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