Asian stocks dropped, extending last week�� loss, as U.S. lawmakers wrangle over the debt limit and government shutdown. Utilities and materials companies led declines.
Tokyo Electric Power Co., the owner of the crippled Fukushima Dai-Ichi nuclear power plant, sank 6.8 percent after an official said Japan may create an agency to decommission reactors. Innolux Corp., a display maker, slumped 4.6 percent in Taipei. LG Uplus Corp. advanced 3.6 percent in Seoul, leading gains for the telecommunication services group of the Asian regional benchmark index.
The MSCI Asia Pacific Index dropped 0.2 percent to 138.85 as of 10:15 a.m. in Tokyo. The gauge lost 1.2 percent last week, the first weekly drop in more than a month, as the partial U.S. government shutdown stoked concern lawmakers won�� be able to agree on raising the nation�� $16.7 trillion borrowing limit later this month.
��he U.S. situation is clearly abnormal and the uncertainty doesn�� make things easier for investors in risk assets,��said Masaru Hamasaki, a senior strategist at Tokyo-based Sumitomo Mitsui Asset Management Co., which oversees about 11.2 trillion yen ($115 billion) in assets. ��f the U.S. defaults and misses paying its bills even just for a few days, the market will turn chaotic.��
5 Best Quality Stocks To Own For 2015: Alliance One International Inc (AOI)
Alliance One International, Inc., incorporated on October 19, 1994, is a leaf tobacco merchant. The Company is engaged in purchasing, processing, packing, storing and shipping tobacco to manufacturers of cigarettes and other consumer tobacco products globally. The Company deals primarily in flue-cured, burley, and oriental tobaccos that is used in international brand cigarettes. The Company�� revenues are primarily comprised of sales of processed tobacco and fees charged for processing and related services to these manufacturers of tobacco products. The Company does not manufacture cigarettes or other consumer tobacco products.
Tobacco is primarily purchased directly from suppliers with small quantities still sold at auction. In non-auction markets, the Company purchases tobacco directly from suppliers and the Company assumes the risk of matching the quantities and grades required by its customers to the entire crop it must purchase under contract. The Company purchases tobacco in more than 35 countries. During the year ended March 31, 2013 (fiscal 2013), approximately 30% of the Company�� purchases of tobacco were from the South America operating segment, approximately 5% were from the Value Added Services operating segment and approximately 65% from the Other Regions operating segment.
The Company processes tobacco to meet each customer's specifications as to quality, yield, chemistry, particle size, moisture content and other characteristics. Unprocessed tobacco is a semi-perishable commodity that generally must be processed within a relatively short period of time to prevent fermentation or deterioration in quality. The Company processes tobacco in more than 35 owned and third-party facilities around the world including Argentina, Brazil, China, Zimbabwe, Jordan, Guatemala, India, Tanzania, the United States, Malawi, Thailand, Germany, Indonesia, Macedonia, Bulgaria and Turkey. These facilities encompass all export locations of flue-cured, burley and oriental tobaccos! . In addition, the Company has entered into contracts, joint ventures and other arrangements for the purchase of tobacco grown in substantially all other countries that produce export-quality flue-cured and burley tobacco. The Company also sells a small amount of processed but unthreshed flue-cured and burley tobacco in loose-leaf and bundle form to certain customers. In 2013, Alliance One delivered approximately 41% of its tobacco sales to customers in Europe and approximately 19% to customers in the United States. In 2013, these Belgium sales accounted for 20% of sales to customers in Europe. The Company ships tobacco to manufacturers of cigarettes and other consumer tobacco products located in approximately 90 countries around the world as designated by these manufacturers.
The Company competes with Japan Tobacco, Inc. (JTI), Philip Morris International, Inc. (PMI), and Imperial Tobacco Group PLC.
Advisors' Opinion:- [By John Emerson]
Camtek was an automated optical inspection (AOI) company that designed and manufactured inspection systems for printed circuit boards (PCB). Further, they were in the process of designing systems to inspect semiconductors as well. The logic for investing in AOI companies was simple: Many circuit boards still employed visual inspection and circuits were getting smaller every year.
Top 5 Services Stocks For 2014: Xing AG (O1BC)
Xing AG, formerly Open Business Club AG, is a Germany-based company engaged in the provision and maintenance of online business communication services. It offers companies enterprise solutions afforded by Web 2.0 and manages the communities for professional networking. It supplies support in establishing new business contacts, expanding and managing the network of contacts and organizing meetings and events. It enables its customers to identify experts in several fields and receive advice on any topic as well as promote themselves in their business environments. It serves a number of networkers worldwide. The product portfolio consists of four categories: openBC platform; openBC Premium Groups; openBC mobile, with mobile phone access; openBC plugin, supporting Lotus Notes and Microsoft Outlook. The solutions are offered in 16 languages and data as well as privacy protection is provided. It co-operates with epublica, a Web-based corporate solution provider and Sevenval AG. Advisors' Opinion:- [By Jonathan Morgan]
RWE AG (RWE), Germany�� second-largest utility, slipped 2.4 percent after RBC Capital Markets cut its recommendation on the stock. Lufthansa followed its European peers higher, recovering some of its Aug. 2 selloff. Xing AG (O1BC), the business social network, jumped the most since October as Deutsche Bank AG (DBK) upgraded its rating on the shares.
Top 5 Services Stocks For 2014: Starbucks Corporation(SBUX)
Starbucks Corporation purchases and roasts whole bean coffees. It operates approximately 16,858 stores, including 8,833 company-operated stores and 8,025 licensed stores. The company offers approximately 30 blends and single-origin premium arabica coffees. It also provides handcrafted beverages, such as fresh-brewed coffee, hot and iced espresso beverages, coffee and non-coffee blended beverages, Vivanno smoothies, and Tazo teas; and merchandise products, including home espresso machines, coffee brewers and grinders, coffee mugs and accessories, packaged goods, music, books, and gift items. In addition, it offers fresh food items, which comprise baked pastries, sandwiches, salads, oatmeal, yogurt parfaits, and fruit cups. Further, it also provides VIA ready brew coffee, bottled frappuccino beverages, discoveries chilled cup coffee, doubleshot espresso drinks, iced coffee, whole bean coffee, and ice creams. The company?s brand portfolio includes Tazo tea, Ethos water, Seatt le?s Best Coffee, and Torrefazione Italia Coffee. Starbucks Corporation sells its products in approximately 50 countries worldwide. Starbucks Corporation was founded in 1971 and is based in Seattle, Washington.
Advisors' Opinion:- [By Rick Aristotle Munarriz]
Bo Rader/Wichita Eagle/MCT via Getty Images In the food world, pumpkin is the new black. The squash offshoot that was once relegated to jack o' lanterns on Halloween and whipped into pies for Thanksgiving is experiencing a foodie renaissance. A lot of coffee houses, restaurants, and fast food chains are embracing the pumpkin for a seasonal spark on their menus. Here are some of the many ways that consumers are enjoying pumpkin this season at publicly traded eateries. Starbucks (SBUX) It's safe to say that pumpkins had arrived as a trendy menu add-on when Starbucks introduced them into its seasonal latte line. The Starbucks Pumpkin Spice Latte is a combination of espresso, steamed milk, and pumpkin-flavored syrup -- topped with whipped cream and pumpkin pie spices. It's as decadent as it sounds. A venti-sized offering made with whole milk clocks in at 510 calories and a whopping 12 grams of saturated fat -- 60 percent of the recommended daily fat intake in a single cup. But you can nix the whipped cream and go with skim milk for a fat-free indulgence. How popular is the drink? Starbucks claims to have sold 200 million of them over the years before it began pouring them out last month. The grande 16-ounce option will set you back $4.55, on average (prices do vary from location to location). McDonald's (MCD) It's been a few years since the world's largest fast food chain ripped a page out of the Starbucks playbook with its McCafe line of premium coffee beverages. This season, it's moving a step closer to Starbucks by offering its own Pumpkin Spice Latte. McDonald's knows how to price its offerings aggressively. It's 16-ounce version sells for $2.89, and it will be available through mid-November. It's not the only way that McDonald's is playing up the gourd this season. Customers can also order a pumpkin pie treat, served in the same turnover style as its baked apple pie. Jamba (JMBA) You know it's fall when pumpkin finds its way into Jamba Juice's blender
- [By Dan Caplinger]
One interesting question facing Green Mountain is how to handle the recent drop in coffee prices. For years, Kraft, Starbucks (NASDAQ: SBUX ) , and other coffee giants passed through price hikes to customers. But after the drop, Kraft and Starbucks have made competitive drops in a potential price war, but Green Mountain has used the opportunity to convert its blends to fair-trade beans while promising not to pass through higher costs to customers.
- [By Bill Maurer]
After the bell on Wednesday, coffee giant Green Mountain Coffee Roasters (GMCR) released its fiscal second quarter results. Q2 was extremely mixed, with the company missing revenue estimates, but blowing out earnings estimates. The company also issued terrible Q3 revenue guidance, and lowered its full year revenue forecast. On the heels of the earnings beat in Q2, it raised its full year earnings forecast and cash flow guidance. However, the company also slashed its capital expenditures forecast again. Aside from the quarterly report, the company announced an extended partnership with Starbucks (SBUX). Today, I'll break down the results and see where Green Mountain goes from here. For those that missed it, here was my earnings preview for the name.
Top 5 Services Stocks For 2014: 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.
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