Delta Air Lines charges $400 to change a ticket on some international flights ��a $150 increase over its most-expensive flight-change fee in 2011, when USA TODAY did a similar survey.
American Airlines charges $450 for an overweight checked bag weighing 71 to 100 pounds for some international flights, while such a bag on United Airlines' international flights and Hawaiian Airlines' Asian flights costs $400.
Fees are a major source of revenue for the industry. According to the Department of Transportation's Bureau of Transportation Statistics, 15 U.S. airlines reported revenues of $2.6 billion from baggage fees and $2.1 billion from reservation-change fees during the first three quarters last year.
5 Best Asian Stocks To Watch Right Now: Oak Ridge Energy Technologies Inc (OKME)
Oak Ridge Energy Technologies, Inc., formerly Oak Ridge Micro-Energy, Inc., incorporated on August 15, 1986, is a development-stage company. The Company licenses thin-film, solid-state batteries for industrial, government, and medical applications. The Company�� thin-film battery is rechargeable, lithium-based, and the active battery layers are thinner than common plastic wrap.
The Company�� batteries are intended for applications, such as wireless smart sensors, which operate in harsh environments, security cards, radio frequency identification (RFID) tags, semiconductor non-volatile memory chips, and implantable medical devices. Its prototype cells on ceramic substrates supplied to customers are 0.024 of an inch (0.62 millimeters) thick. Thin-film lithium and lithium-ion batteries are ideally suited for a variety of applications where a small power source is needed.
The Company competes with Infinite Power Solutions, Inc., Front Edge Technology, Inc., Cymbet Corporation, Teledyne Electronic Technologies, Excellatron and Planar Energy Devices, Inc.
Advisors' Opinion:- [By CRWE]
Today, OKME has surged (+6.67%) up +0.050 at $.800 with 10,090 shares in play thus far (ref. google finance Delayed: 10:52AM EDT July 18, 2013).
Oak Ridge Micro-Energy, Inc. previously reported a strategic US $2.5M investment by Precept Fund Management SPC�� on behalf of Prescient Fund SP into the revitalised US battery company Oak Ridge Micro-Energy.
Mr. Steve Barber, Principal of Precept Investment Management Limited, the investment manager of Precept Fund Management SPC said:
��lobally the energy storage sector is projected to be a US$60 Billion market by 2020. Precept�� $2.5m placement into OKME is a strategic move by the fund to secure a significant share of this exciting company and the growth potential of the battery market. Our opinion is that OKME has a world leading technical and commercial team, a focused business development strategy and the reputation to be a key player in the US and global battery market. OKME is one of only two investment targets the Fund identified after an in-depth analysis of the energy storage market. The other is a Swiss battery company named Leclanche. Precept is a long-term, active participation, value investor, and we look forward to a long and rewarding relationship with OKME.��/p>
- [By CRWE]
Today, OKME has shed (-7.69%) down -0.050 at $.600 with 2,446 shares in play thus far (ref. google finance Delayed: 9:56AM EDT July 15, 2013), but don�� let this get you down.
Oak Ridge Micro-Energy, Inc. previously reported a strategic US $2.5M investment by Precept Fund Management SPC�� on behalf of Prescient Fund SP into the revitalised US battery company Oak Ridge Micro-Energy.
Mr. Steve Barber, Principal of Precept Investment Management Limited, the investment manager of Precept Fund Management SPC said:
��lobally the energy storage sector is projected to be a US$60 Billion market by 2020. Precept�� $2.5m placement into OKME is a strategic move by the fund to secure a significant share of this exciting company and the growth potential of the battery market. Our opinion is that OKME has a world leading technical and commercial team, a focused business development strategy and the reputation to be a key player in the US and global battery market. OKME is one of only two investment targets the Fund identified after an in-depth analysis of the energy storage market. The other is a Swiss battery company named Leclanche. Precept is a long-term, active participation, value investor, and we look forward to a long and rewarding relationship with OKME.��/p>
5 Best Asian Stocks To Watch Right Now: Cvent Inc (CVT)
Cvent, Inc., incorporated on August 20, 1999, is a cloud-based enterprise event management platform. The Company offers an integrated cloud-based software platform that addresses the lifecycle of events and meetings. It provides solutions for both sides of the events and meetings value chain, which include event and meeting planners, and hotels and venues. Its integrated, cloud-based solution addresses the entire event lifecycle by allowing event and meeting planners to organize, market and manage their meetings, conferences, tradeshows and other events. The Company�� online marketplace connects event planners and venues through its vertical search engine that accesses its database of detailed hotel and venue information. It offers six product categories: event management software, strategic meetings management (SMM) software, mobile event apps, pre- and post-event Web surveys, ticketing software and the Cvent Supplier Network (CSN).
The Company offers planners a platform that addresses the lifecycle of events and meetings, including budgeting, planning, venue sourcing, marketing, management and measurement of meetings. The combination of these solutions creates an integrated platform that allows the Company to generate revenue from both sides of the events and meetings value chain. Through the CSN, the Company has created an online marketplace to connect hotels and venues with enterprise event and meeting planners. The Company�� online marketplace, the Cvent Supplier Network (CSN), connects tens of thousands of event and meeting planners seeking the venue for their event with more than 200,000 venues featured in its database.
The Company�� solutions include online event registration; event marketing; budgeting and project management; event logistics and integrations; measurement and reporting, and training and support. Its event marketing solution provides e-marketing tools that allow planners integrate their event marketing and communication process wit! h registration. The Company�� budgeting and project management includes a project management suite that allows for assignment and tracking of event planning tasks. The Company�� event logistics and integrations solution includes tools for table and seating management, name badge and certificate creation, resource and space allocation, speaker management, appointment scheduling, continuing education credit tracking, onsite registration and check-in functionality. Its measurement and reporting platform measures aspects of the event management process. The Company provides training and support to its event management subscription customers, which is available through phone, e-mail and the Internet during the subscription period.
Advisors' Opinion:- [By Matt Jarzemsky]
The deal by the data-analysis software maker follows well-received offerings by software makers Workday Inc.(WDAY) and Cvent Inc.(CVT) last week, suggesting investor interest in cloud computing and ��ig data��analysis remain high. Those deals bucked the broader market�� sluggish tone, with indexes little changed out of the gate this year and many strategists predicting muted returns after 2013�� rally.
Best Media Stocks To Invest In 2014: Wind Works Power Corp (WWPW)
Wind Works Power Corp. (Wind Works), incorporated on November 20, 2002, the Company intends to develop wind parks. The Company will assemble land packages, secure requisite environmental permitting, provide wind testing by erecting towers to measure wind speed. The Company operates 4.6 megawatts in Germany, in which it has a 49% ownership stake.
The Company�� projects include Ganaraska Wind Park, Settlers Landing, Skyway 126, Ganaraska and Thunder Spirit. The Company focuses to develop 77 megawatts of near-term permitted projects in Germany; 50 megawatts of FIT contracted projects in Ontario; and 320 megawatts of projects in the United States.
Advisors' Opinion:- [By Peter Graham]
Small cap green stocks Geo Finance Corporation (OTCMKTS: GEFI), Dragon Polymers Inc (OTCMKTS: DRAG) and Wind Works Power Corp (OTCMKTS: WWPW) have been getting some extra attention lately from various investment newsletters or investor alerts. However, two of these small cap green stocks have also been the subject of paid promotions or investor relations types of activities. So will these green small cap stocks produce some greenbacks for investors and traders alike? Here is a closer look and a reality check:
5 Best Asian Stocks To Watch Right Now: Tower Group Inc.(TWGP)
Tower Group, Inc., through its subsidiaries, provides commercial, specialty, and personal property and casualty insurance products and services to businesses in various industries and to individuals in the United States. The company offers commercial multiple-peril packages that comprise property, liability, business interruption, equipment breakdown, fidelity, and inland marine coverages; workers? compensation policies; commercial and personal automobile policies; personal packages; and mono-line commercial general liability and commercial umbrella policies for individuals and business owners. It also writes commercial fire and allied lines policies for the protection of commercial buildings; and inland marine insurance protection for the property of businesses that is not at a fixed location and for items of personal property that are easily transportable, including builders risk, contractors? equipment and installation, domestic transit and transportation, fine arts, property floaters, and leased property. In addition, the company provides homeowners and personal dwellings policies, which offer property and liability coverages for one and two-family, and owner-occupied residences; and additional coverage to the homeowner for personal umbrella and personal inland marine. Further, it offers various services, such as underwriting, claims administration, operational and technology services for other insurance companies. The company markets its products and services through its independent retail, wholesale, and program underwriting agents. Tower Group, Inc. was founded in 1989 and is headquartered in New York, New York.
Advisors' Opinion:- [By Jeremy Bowman]
So what: Shares traded as high as $28.99 today but closed at $28.91, more than 1% below the buyout price. Fairfax, a subsidiary of Canadian Insurer Prem Watsa, plans to sell American Safety's reinsurance unit for $59 million to Tower Group International (NASDAQ: TWGP ) , which gained 2.4% on the day. The deal will give Watsa $480 million to invest, and the company has a track record of growing through acquisitions. American Safety expects the transaction to close in the fourth quarter.
- [By Ben Levisohn]
Tower Group International (TWGP) fell 41% yesterday after the insurance company said it would take a $365 million charge to cover losses. And the selling hasn’t shown any sign of letting up today.
In a report released yesterday, KBW analysts Robert Farnam and Neil Cybart look at Tower Group’s options:
After such a significant reserve charge (24% of net reserves and well over management’s initial $60-110 million range), we view Tower�� options going forward as limited. Many of the capital raising initiatives floated by the press in recent days were geared towards avoiding an A.M. Best rating downgrade, which we now view as difficult to avoid. [Editor: AM Best cut its rating yesterday] We see two likely scenarios going forward, both of which have a large amount of uncertainty: 1) continuing as a going concern with a revised business plan, or 2) going into run-off/selling renewal rights. We caution though that in both scenarios, whatever value that is left for shareholders is dependent on the outcome of class action lawsuits and future reserve development.
As a result, Farnam and Cybart lowered their price target to $7.50 from $21 and “recommend investors stay on the sidelines.”
Tower Group has dropped 12% to $3.88 today at 11:39 a.m., while Stewart Information Services (STC) has dipped 0.1% to $31.16, the�Navigators Group�(NAVG) has fallen 1.4% to $54.78 and HCI Group�(HCI) has gained 1% to $38.16.
5 Best Asian Stocks To Watch Right Now: InterXion Holding N.V. (INXN)
InterXion Holding N.V. provides carrier-neutral colocation data center services in Europe. It enables its customers to connect to a range of telecommunications carriers, Internet service providers, and other customers. The company�s data centers act as content and connectivity hubs that facilitate the processing, storage, sharing, and distribution of data, content, applications, and media among carriers and customers. The company offers colocation services, including space and power to enable customers to deploy IT infrastructure in its data centers; connectivity services; cross connect services; and monitoring services. It also provides managed services comprising systems monitoring, systems management, engineering support services, data back-up, and storage services. The company serves the digital media and distribution sector, enterprises, the financial services sector, managed services providers, and network providers. It serves 1,200 customers through 31 data centers in 11 countries. The company was founded in 1998 and is headquartered in Schiphol Rijk, the Netherlands.
Advisors' Opinion:- [By Lee Jackson]
Interxion Holding N.V. (NYSE: INXN) provides data colocation services through its 34 data centers in 11 European countries. In 2012, the company generated approximately 62% of its total revenues from France, Germany, the Netherlands and the United Kingdom, which represents Interxion’s “Big 4″ markets. The remaining 38% revenue came from seven other European countries. The company�� data centers act as content and connectivity hubs that facilitate processing, storage, sharing and distribution of data, content and applications. The consensus price target for the stock is $20.78. Interxion closed at $22.52.
- [By Jon C. Ogg]
Interxion Holding N.V. (NASDAQ: INXN) was downgraded to Perform from outperform at Oppenheimer.
M&T Bank Corp. (NYSE: MTB) was downgraded to Neutral from Outperform by Credit Suisse.
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