The Office of Management and Budget (OMB) has received a proposed regulation from the Department of Labor regarding the development of a “Guide or Similar Requirement for Section 408(b)(2) Disclosures,” which could spell additional expense for retirement plan service providers, says ERISA guru Fred Reish.
Reish (left), partner and chairman of the Financial Services ERISA Team at Drinker Biddle & Reath in Los Angeles, notes that while it’s not the DOL’s re-proposed fiduciary rule, which he expects to be at OMB in a matter of weeks, this proposed fee-disclosure reg “could have a material impact on the retirement plan community.”
While the retirement planning community won’t know what the proposed regulation says for about three months—when the OMB approves and releases the proposed regulation—Reish says, DOL “has previously given us an idea about their thinking.”
Top 10 Rising Companies To Watch For 2015: Corporate Executive Board Co (CEB)
Corporate Executive Board Company (CEB), incorporated on September 11, 1997, is an advisory company that equips senior executives and their teams with actionable solutions to drive corporate performance. The Company operates in two segments: SHL Group Holdings I and its subsidiaries (SHL) and CEB. The CEB segment includes its membership programs for senior executives and their teams to drive corporate performance by identifying and building on the practices of companies. The SHL segment provides cloud-based solutions for talent assessment and talent mobility, as well as professional services to support those solutions. Personnel Decisions Research Institutes, Inc. (PDRI) is included in the CEB segment. PDRI provides customized personnel assessment tools and services to various agencies of the United States government. In February 2012, it acquired Valtera, Inc. In August 2012, it acquired SHL Group Holdings I. In February 2014, Corporate Executive Board Co acquired Talent Neuron, a provider of market intelligence technology.
The Company delivers its products and services to a global customer base primarily through two relationship models: an annual, fixed-fee subscription for membership programs and engagement-based fees for assessment services, development curriculum, customized analytics reports, and best practice implementation. It spans more than 100 countries, 10,000 individual organizations, and 225,000 business professionals. Its membership programs deliver research and advisory services that align with executive leadership roles and enable members to focus efforts to address emerging and recurring business challenges.
The Company serves executives and professionals in corporate functions at corporate and middle market institutions in more than 100 countries. The corporate functions, which it considers its primary end market includes human resources, finance, legal and compliance, sales and marketing, and technology. It also serves operational leaders in the global f! inancial services industry and United Sates government. For both the financial services industry and the United States government, it delivers a product and service portfolio of practices, operational insights, analytical tools, and peer collaboration designed to drive executive decision making.
The Company helps senior executives and their teams drive corporate performance by equipping them with the actionable insights, analytic tools, and advisory support they need to improve performance. It sells a combination of resources to address business challenges, such as best practices and decision support, talent management and measurement, and management tools and solutions. It helps its members set direction for their team, function, and company by providing performance insights, benchmarks, and best practices. It also provides members with networking opportunities, including through online peer discussion groups, on-request advice, feedback, and other peer interaction at both in-person and virtual events. It helps organizations select, engage, and align their organizational talent against corporate objectives. The Company�� assessment and development solutions help companies identify and manage talent investments. Its talent management and measurement products generally are implemented into pre-hire and post-hire assessments. The offerings include cognitive ability assessments, skills and/or knowledge assessments, personality questionnaires, and job/role simulations.
The Company helps organizations secure performance gains through consulting and technology. It delivers a suite of professional services, including best practice implementation, survey and diagnostic tools, and executive education. It offers targeted survey and diagnostic technology to aid executives in assessing the performance of their functions, processes, and teams. It provides additional implementation support to executives seeking to improve their functional performance. For executives seeking to enhance ski! ll develo! pment for themselves or their staff members, it delivers an executive education curriculum supported by e-learning resources. The curriculum may include skills diagnostic reports, learning portal access, classroom-based development sessions, Webinars, and virtual office hours with faculty.
Advisors' Opinion:- [By Rich Duprey]
Corporate advisory specialist�Corporate Executive Board� (NYSE: CEB ) �announced yesterday�its second-quarter dividend of $0.225 per share, the same rate it paid last quarter after it raised the payout 29% from $0.175 per share.
- [By Seth Jayson]
Corporate Executive Board (NYSE: CEB ) reported earnings on May 1. Here are the numbers you need to know.
The 10-second takeaway
For the quarter ended March 31 (Q1), Corporate Executive Board missed slightly on revenues and beat expectations on earnings per share.
10 Best Services Stocks To Buy Right Now: Labor Smart Inc (LTNC)
Labor Smart, Inc., incorporated in May 31, 2011, provides temporary blue-collar staffing services. The Company supplies general laborers on demand to the light industries, including manufacturing, logistics, and warehousing, skilled trades��people, and general laborers to commercial construction industries. It provides unskilled and semi-skilled temporary workers to its customers. It pays its workers the same day they perform the job. In May 2013, the Company acquired Qwik Staffing Solutions Inc.
The Company is a provider of temporary employees to the construction, manufacturing, hospitality, restoration and retail industries. At March 31, 2012, the Company operated four branches located in two states.
Advisors' Opinion:- [By idahansen]
The more I read about how companies are responding to Obamacare, the more bullish I become for stocks in the demand labor market such as Labor SMART (OTCBB: LTNC), Paychex (NASDAQ: PAYX), and ManpowerGroup (NYSE: MAN).
- [By idahansen]
Labor SMART (OTCBB: LTNC) is proving my pick right as it booked record revenues for August.
The entire demand labor industry should do well as the US Department of Labor just reported that 169,000 more jobs were added to the American economy. The more work there is, the more demand there is for the services of staffing solutions firms such as Labor SMART, Paychex (NASDAQ: PAYX), TrueBlue (NYSE: TBI), and Robert Half International (NYSE: RHI).
10 Best Services Stocks To Buy Right Now: Telecom Italia SpA (TIT)
Telecom Italia SpA is an Italy-based company engaged in the communications sector. It operates in the fixed and mobile national and international telecommunications sector. Its activities are divided into five business units. The Domestic unit provides telephone and data services on fixed line and mobile networks for retail voice customers and wholesale operators, as well as develop fiber optic networks. The Brazil unit offers mobile services using Universal Mobile Telecommunications System (UMTS) and Global System for Mobile Communications (GSM) technologies. The Argentina unit operates in fixed telecommunications through Telecom Argentina and in mobile telecommunications through Telecom Personal, and in Paraguay it operates in mobile telecommunications through Nucleo. The Media unit produces of multimedia music platforms, satellite channels and television broadcasting platforms. The Olivetti unit operates in the sector of office products and services for Information Technology. Advisors' Opinion:- [By Jonathan Morgan]
Telecom Italia SpA (TIT) jumped 6.2 percent to 65.6 euro cents. The phone company that was stripped of its investment-grade rating is seeking at least 9 billion euros for its controlling stake in Brazilian wireless carrier Tim Participacoes SA (TIMP3), according to a person with direct knowledge of the matter.
- [By Amy Thomson]
Vodafone�� cash pile alone, including the Verizon Wireless proceeds, would be worth more than the combined market capitalization of France�� Orange, at $27 billion, and Telecom Italia SpA (TIT), at almost $12 billion. Liberty Global, which has cable operations in countries including Germany and the Netherlands, is valued at about $30 billion.
- [By Namitha Jagadeesh]
Roche Holding AG retreated for a fifth day after its flu medicine failed to show additional benefits when given in a larger dose. Telecom Italia SpA (TIT) sank 5.8 percent after UBS AG said the carrier�� plan to spin off its network unit may be a lengthy process. PostNL NV climbed to a four-month high after the Dutch mail-service company raised its profit forecast.
- [By Tom Stoukas]
Telecom Italia SpA (TIT) rose 5.2 percent to 61 euro cents amid speculation Chief Executive Officer Franco Bernabe will resign. Bernabe plans to tell the board at a meeting scheduled for Oct. 3 that he�� ready to step down after losing the backing of Telco SpA, the Telefonica SA-led holding company that owns 22.4 percent of the carrier, according to a person with knowledge of the matter, who asked not to be identified because the deliberations are confidential.
10 Best Services Stocks To Buy Right Now: Technip (TKPPY)
Technip SA (Technip), incorporated on April 21, 1958, is a holding company. Technip is engaged in project management, engineering and construction for the energy industry, and holds a portfolio of solutions and technologies. The Company operates in two segments: Subsea, and Onshore/Offshore. Its main markets include onshore plants, offshore platforms and subsea construction. As of December 31, 2011, the Company was present in 48 countries, and had industrial assets on continents and operates a fleet of vessels for pipeline installation and subsea construction. As of February 29, 2012, its production facilities (for flexible pipes and umbilicals), manufacturing yards and spoolbases were located in Angola, Brazil, France, the United States, Finland, Indonesia, Malaysia, Norway and the United Kingdom. As of December 31, 2011, its fleet consisted of 34 vessels in subsea rigid and flexible pipelines, subsea construction and diving support, four of which were under construction. Technip operates in seven regions, which include Middle East, Europe, Russia, Central Asia, Americas, Asia Pacific and Africa. On August 31, 2012, the Company announced the completion of the Stone & Webster process technologies and associated oil and gas engineering capabilities acquisition from The Shaw Group Inc.
On December 1, 2011, Technip acquired 100% of the shares of Global Industries, Ltd (Global Industries). On November 14, 2011, Technip acquired 45.70% of Cybernetix S.A. On July 28, 2011, Technip acquired 100% of AETech. On February 28, 2011, Genesis Oil and Gas Consultants Ltd, a subsidiary of the Company, acquired EPD. On January 26, 2011, Technip acquired all of the assets of the Subocean group, a United Kingdom-based subsea cable-installation company engaged in marine renewable energies. On January 24, 2011, Technip acquired Front End Re, a reinsurance company.
Technip provides integrated design, engineering, manufacturing and installation services for infrastructures and subsea pipe systems! used in oil and gas production and transportation. With respect to hydrocarbon field development, Technip�� subsea operations include the design, manufacture and installation of rigid and flexible subsea pipelines, as well as umbilicals. The Company offers a range of subsea pipe technologies and solutions, and holds industrial and operational assets. As of December 31, 2011, Technip had three flexible pipe manufacturing plants, four umbilical production units, four reeled rigid pipe spoolbases and a evolving fleet of vessels for pipeline installation and subsea construction. The Company�� services include the turnkey delivery of these subsea systems, particularly, offshore work (pipelay and subsea construction) and the manufacture of critical equipment, such as umbilicals and flexible pipes.
Technip also handles the supply of other subsea equipment and the procurement of rigid pipes that the Company acquires from third parties on an international bid. In addition, to the engineering and installation of systems, Subsea activities also include the maintenance and repair of existing subsea infrastructures and the replacement or removal of subsea equipment. Technip performs the engineering and manufacturing of the flexible pipes. Its flexible pipes engineering centers are in Rio de Janeiro, Paris, Oslo, Aberdeen, Kuala Lumpur, Perth and Houston. It has manufacturing units in Vitoria (Brazil), in Le Trait (France) and it has Asiaflex Products center in Johor Bahru (Malaysia). During the year ended December 31, 2011, Technip initiated the fabrication of a second flexible plant in Brazil, within the Porto do Acu development.
The Company is engaged in engineering and construction for the range of onshore facilities for the oil and gas industry, including refining, hydrogen, gas treatment and liquefaction, ethylene and petrochemicals, onshore pipelines, as well as non-oil facilities, including mining and metallurgical projects, biofuels, wind offshore and renewable energy. Techni! p holds s! everal technologies and it designs and constructs of liquefied natural gas (LNG) and gas treatment plants. The Company also designs and builds infrastructures related to hydrogen production units, electricity units and sulfur recovery units, as well as storage units. It designs and builds types of facilities for the development of onshore oil and gas fields, from wellheads to processing facilities and product export systems. In addition to participating in the development of onshore fields, Technip also renovates existing facilities. Technip builds pipeline systems chiefly for natural gas, crude oil and oil products, water and liquid sulfur.
Technip offers a range of services to clients who wish to produce, process, fractionate and market the products of natural gas. The majority of business conducted pertains to the liquefaction of methane. Services provided by Technip to its customers range from feasibility studies to construction of entire industrial complexes. The Company manages aspects of projects from the preparation of feasibility studies to the design, construction and start-up of complex refineries or single refinery units. In 2011, Technip had been engaged in developing its footprint in the fast growing renewable energies market. Technip also offers its engineering and construction services to industries other than oil and gas, principally to mining and metal companies. As of February 29, 2012, its clients included oil companies, such as BP, Chevron, ConocoPhillips, ExxonMobil, Shell, Statoil and Total, and number of national companies, such as ADNOC, PDVSA, Petrobras, Petronas, Qatar Petroleum, Saudi Aramco and Sonatrach, as well as independent companies, such as Anadarko.
Technip designs, manufactures and installs fixed and floating platforms that support surface facilities for the drilling, production and processing of oil and gas reserves located in offshore shallow water fields, as well as deep water fields. Technip is also builds complex facilities, including ! the float! ing production, storage and offloading (FPSO) units and floating LNG (FLNG). Fixed platforms include topsides supported by conventional jackets, gravity base structure (GBSs) and the TPG 500 (a jack-up production platform). Floating platforms include topsides supported by Spars, tension leg platforms (TLPs), semi-submersibles, as well as solutions, such as the extendable draft platform (EDP). In addition, Technip owns technologies for installing topsides using the floatover method for fixed and floating platforms. During 2011, in the North Sea area, Technip started engineering on Statoil�� Valemon project in the Norwegian sector.
The Company competes with Subsea 7, Aker Solutions, Allseas, Heerema, Helix, McDermott, Saipem, Sapura-Clough, NKT-Flexibles, Prysmian, Nexans, Oceaneering, Wellstream, Bechtel, CB&I, Fluor, Foster Wheeler, Jacobs, KBR, Chiyoda, JGC, Toyo, Petrofac, Saipem, Tecnicas Reunidas, GS, Samsung Engineering, SK, Aker Solutions, Hyundai, Daewoo, Samsung Heavy Industry, SBM and Modec.
Advisors' Opinion:- [By Ben Rooney]
Political risks lurk: The big risk for Europe's recovery remains an escalation in the dispute with Russia over Ukraine. EU officials are due to present options for much tougher sanctions Thursday, including measures that could restrict Russia's access to European financial markets, as well as arms and energy technology. France's Technip (TKPPY) said sanctions may hurt its profit margins this year.
10 Best Services Stocks To Buy Right Now: Furmanite Corp (FRM)
Furmanite Corporation (Furmanite), incorporated on January 23, 1953, is an on-site industrial plant turnaround maintenance and on-line contractor engineered services. The Company operates in two segments: Technical Services and Engineering & Project Solutions. Technical Services provides specialized technical services, including on-line, off-line and other services. The Engineering & Project Solutions segment includes Furmanite Technical Solutions (FTS), provides project planning, professional engineering, downstream non-destructive testing and inspection, construction management, mechanical integrity, field support, quality assurance and plant asset management services, as well as certain other inspection and project management services. The Company provides on-line repairs of leaks (leak sealing) in valves, pipes and other components of piping systems and related equipment used in flow-process industries.
The Company�� Technical Services segment�� On-line services include leak sealing, hot tapping, line stopping, line isolation, composite repair, valve testing and certain non-destructive testing and inspection services, while off-line services include on-site machining, heat treatment, bolting, valve repair and other non-destructive testing and inspection services. Other services include smart shim services, concrete repair, engineering services, valves and other products and manufacturing. The Engineering & Project Solutions segment�� customers include refining and petrochemical operators, as well as maintenance, and engineering and construction contractors servicing the downstream and midstream oil and gas markets, substantially, all of which are in the Americas.
The Company provides off-line services, including on-site machining, bolting, valve repair, heat treating, ultrasonic, radiography, phased array, tube testing and repair on such systems and equipment. These services tend to complement leak sealing and other on-line services since these off-line services a! re usually performed while a plant or piping system is not operating. In addition, the Company provides concrete repair, engineering services, valve and other products and manufacturing. The Company�� on-line; leak sealing services are performed on a range of flow-process industry machinery, often in difficult situations. The Company�� customer base includes petroleum refineries, chemical plants, mining operations, offshore energy production platforms, subsea piping systems, steel mills, nuclear and conventional power stations, pulp and paper mills, food and beverage processing plants and other flow-process facilities in more than 50 countries.
Advisors' Opinion:- [By Roberto Pedone]
Furmanite (FRM), together with its subsidiaries, provides specialized technical services. This stock closed up 2.2% to $7.78 in Tuesday's trading session.
Tuesday's Range: $7.52-$7.83
52-Week Range: $6.90-$12.70
Tuesday's Volume: 639,000
Three-Month Average Volume: 150,022From a technical perspective, FRM trended higher here right above some near-term support at $7.21 with heavy upside volume flows. This stock has been downtrending badly for the last three months, with shares plunging lower from its high of $12 to its new 52-week low of $6.90. During that downtrend, shares of FRM have been consistently making lower highs and lower lows, which is bearish technical price action. That said, shares of FRM have now started to rebound higher off that $6.90 low and it's quickly moving within range of triggering a near-term breakout trade. That trade will hit if FRM manages to take out Tuesday's intraday high of $7.83 to some more near-term overhead resistance at around $8 with high volume.
Traders should now look for long-biased trades in FRM as long as it's trending above some key near-term support at $7.21 or above its 52-week low of $6.90 and then once it sustains a move or close above those breakout levels with volume that hits near or above 150,022 shares. If that breakout hits soon, then FRM will set up to re-test or possibly take out its next major overhead resistance levels at $8.50 to its 50-day moving average of $9.16, or even $9.50.
10 Best Services Stocks To Buy Right Now: RealBiz Media Group Inc (RBIZ)
RealBiz Media Group, Inc., incorporated on May 25, 1994, is a development-stage company. The Company is engaged in real estate media and technology. It is a provider of virtual tours to the United States real estate brokerage industry. On October 9, 2012, the Company and Next 1 Interactive, Inc. (Next 1) completed the transactions contemplated by that certain Share Exchange Agreement entered into on April 4, 2012 (the Exchange Agreement). Under the Exchange Agreement, the Company received all of the interest in Attache Travel International, Inc. and wholly owned subsidiary of Next 1 (Attache). Attache in turn owns approximately 80% of RealBiz Holdings Inc. which is the parent corporation of RealBiz 360, Inc. (RealBiz). RealBiz is a real estate media services company. RealBiz�� three areas of operations include Real Estate Video on Demand Channel, Website and Mobile Applications, and Traditional Real Estate Sales.
In Real Estate Video on Demand Channel the Company earns commissions and referral fees on home sales, pre-roll/post-roll advertising, lead-generation fees, banner ads and cross-market advertising promotions. The Company earns revenue from Web-based and mobile advertising. For the real estate video on demand area (VOD), the Company focuses to market the approximately 120,000 VOD television residential home listings, as well as incorporate millions Multiple Listing Service (MLS) home listings from the United States cities, with video on demand and interactive capabilities for users of its real estate Website. In Website and Mobile Applications the Company is developing a real estate Web portal to work in conjunction with its national Video on Demand (VOD) Television Platform. As of October 15, 2012, the Company�� real estate brokerage division had participated brokers in 19 states.
The Company competes with Zillow and Trulia.
Advisors' Opinion:- [By Peter Graham]
Small cap stocks New China Global (OTCMKTS: NCGI), RealBiz Media Group Inc (OTCMKTS: RBIZ) and SofTech, Inc (OTCMKTS: SOFT) sank 21.11%, 14.81% and 10.89%, respectively, last Friday. Moreover, two of these three small caps have been the subject of paid promotions or investor relations activities, but this week is the start of a new trading week and anything can happen. So will these three small cap stocks keep sinking? Here is a closer look to help you decide on an investing or trading strategy:
10 Best Services Stocks To Buy Right Now: Monsanto Co (MON)
Monsanto Company (Monsanto), incorporated on February 9, 2000, along with its subsidiaries, is a provider of agricultural products for farmers. The Company's seeds, biotechnology trait products, and herbicides provide farmers with solutions that improve productivity, reduce the costs of farming, and produce better foods for consumers and better feed for animals. It manages business in two segments: Seeds and Genomics, and Agricultural Productivity. In April 2010, the Company completed the acquisition of a corn and soybean processing plant located in Paine, Chile from Anasac, a company that provides seed processing services. In October 2009, the Company completed the acquisition of Seminium, S.A. (Seminium), a corn seed company. In February 2011, the Company acquired Divergence, Inc. In September 2011, the Company acquired Beeologics. In June 2012, the Company purchased a planting technology developer, Precision Planting, Inc. In January 2013, it purchased select assets of Agradis, Inc. In June 2013, Monsanto Company acquired GrassRoots Biotechnology Inc. In November 2013, the Company announced that it has completed the acquisition of The Climate Corporation.
Seeds and Genomics Segment
Through the Company's Seeds and Genomics segment, it produces seed brands, including DEKALB, Asgrow, Deltapine, Seminis and De Ruiter, and it develops biotechnology traits that assist farmers in controlling insects and weeds. It also provides other seed companies with genetic material and biotechnology traits for their seed brands. It has a global distribution and sales and marketing organization for its seeds and traits. It sells products under Monsanto brands and license technology and genetic material to others for sale under their own brands. Through distributors, independent retailers and dealers, agricultural cooperatives, plant raisers, and agents, it markets DEKALB, Asgrow and Deltapine branded germplasm to farmers globally. In the United States, it markets regional seed brands under it! s American Seeds, LLC and Channel Bio, LLC businesses to farmers directly, as well as through dealers, agricultural cooperatives and agents. It markets and sells trait technologies with branded germplasm, pursuant to license agreements with its farmer customers. In Brazil and Paraguay, its has implemented a point-of-delivery, grain-based payment system. It contracts with grain handlers to collect applicable trait fees when farmers deliver their grain. In addition to selling its products under its own brands, the Company licenses a range of germplasm and trait technologies to large and small seed companies in the United States and certain international markets. Those seed companies in turn market its trait technologies in their branded germplasm; they may also market its germplasm under its own brand name. Its vegetable seeds are marketed in more than 100 countries through distributors, independent retailers and dealers, agricultural cooperatives, plant raisers and agents, as well as directly to farmers.
The Company�� row crop seeds brands include DEKALB, Channel Bio, Asgrow and Deltapine. Its DEKALB and Channel Bio are corn hybrids and foundation seed. Its Asgrow are soybean varieties and foundation seed. Its Deltapine are cotton varieties, hybrids and foundation seed. Canola is its row crop variety and hybrid. Its vegetable seed brands are Seminis and De Ruiter. These are open field and protected-culture seed for tomato, pepper, eggplant, melon, cucumber, pumpkin, squash, beans, broccoli, onions, and lettuce, among others. Its Biotechnology traits include SmartStax, YieldGard, YieldGard VT Triple, VT Triple PRO, VT Double PRO, Roundup Ready and Roundup Ready 2 Yield and Genuity. Its SmartStax, YieldGard, YieldGard VT Triple, VT Triple PRO and VT Double PRO have applications for corn, and Bollgard and Bollgard II have application for cotton. It enables crops to protect themselves from borers and rootworm in corn and leaf- and boll-feeding worms in cotton, reducing the need for application! s of inse! cticides. Its Roundup Ready and Roundup Ready 2 Yield have application for soybeans. The Company�� Genuity is a global umbrella trait brand. It enables crops, such as corn, soybeans, cotton, and canola to be tolerant of Roundup and other glyphosate-based herbicides. Monsanto also offers farmers stacked-trait products, which are single-seed products in which two or more traits are combined.
Agricultural Productivity Segment
Through the Company's Agricultural Productivity segment, it manufactures Roundup brand herbicides and other herbicides and provide lawn-and-garden herbicide products for the residential market. Its products include Glyphosate-based herbicides, Selective herbicides and Lawn-and-garden herbicides. Its Glyphosate-based herbicides have applications in nonselective agricultural, industrial, ornamental and turf applications for weed control. Its Selective herbicides control preemergent annual grass and small seeded broadleaf weeds in corn and other crops. Its residential lawn-and-garden has applications for weed control. It uses the same distribution and sales and marketing organization for its crop protection products as for its seeds and traits. It also has separate distribution and sales and marketing organizations for its crop protection products. It sells crop protection products through distributors, independent retailers and dealers and agricultural cooperatives. In some cases outside the United States, it sells such products directly to farmers. It also sells certain of the chemical intermediates of its crop protection products to other agricultural chemical producers, who then market their own branded products to farmers. The Company markets its lawn-and-garden herbicide products through The Scotts Miracle-Gro Company.
Advisors' Opinion:- [By Tom Rojas var popups = dojo.query(".socialByline .popC"); popups.forEach(func]
Among the companies with shares expected to actively trade in Wednesday’s session are Eli Lilly (LLY) & Co., Monsanto Co.(MON) and J.C. Penney Co.(JCP)
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