Asian stocks dropped, with the regional benchmark index retreating from the highest level in 20 months, after Chinese economic growth and industrial production expanded less than economists��estimated.
Jiangxi Copper Co., China�� largest copper producer, slid 4.9 percent in Hong Kong. Nissan Motor Co. (7201), a Japanese carmaker that gets 32 percent of sales from North America, slid 3.9 percent, pacing declines among exporters after U.S. retail sales unexpectedly fell. Mando Corp. tumbled 15 percent in Seoul as Midas International Asset Management Ltd. said it will sell its holdings after the auto-parts maker said it will bail out an unprofitable construction affiliate.
The MSCI Asia Pacific Index fell 0.7 percent to 137.22 as of 8:25 p.m. in Tokyo, with about three shares sliding for each that rose. Chinese gross domestic product expanded 7.7 percent in the first quarter, missing economists estimates, data released today showed.
��hile the medium-term outlook is OK, people are having to digest the fact that some of this short-term news flow isn�� quite as good,��Angus Gluskie, managing director at Sydney- based White Funds Management, which oversees more than $350 million, said before the release of the Chinese data. ��here�� no doubt China�� growth over the next five or six years is going to be at a more mature pace than it was over the last decade. We should be expecting lesser rates of growth.��
Top 10 Prefered Stocks To Own Right Now: Toyota Motor Corp Ltd Ord(TM)
Toyota Motor Corporation engages in the design, manufacture, assembly, and sale of passenger cars, minivans, and commercial vehicles. It offers conventional engine vehicles, including subcompact and compact cars under the Corolla, Yaris, micropremium iQ, Passo, Ractis, Vitz, and Etios brand names; mini-vehicles, passenger vehicles, commercial vehicles, and auto parts under Toyota brand name; mid-size cars under the Camry, REIZ, Avensis, and Mark X brand names; luxury cars under the Lexus and Crown brands; Century limousine; sports cars under the Scion tC and Lexus brands; sport-utility vehicles under the Sequoia, 4Runner, RAV4, Highlander, FJ Cruiser, and Land Cruiser brands; pickup trucks under the Tacoma and Tundra brands; minivans under the Alphard, Vellfire, Corolla Verso, Wish, Hiace, Regius Ace, Estima, Noah, Voxy, Sienta, Isis, Passo Sette, and the Sienna brands; cabwagons; large, medium, and small trucks; and large, small, and micro-buses. The company also provides hybrid cars under Prius and Crown brands. In addition, it offers a range of financial services comprising retail financing, retail leasing, wholesale financing, and insurance; and credit cards and housing loans. Further, the company designs and manufactures prefabricated housing, as well as involves in the information technology related businesses, such as an e-commerce marketplace known as GAZOO.com; and sales promotions for KDDI communication related products, primarily the au brand. It sells its vehicles in approximately 170 countries and regions, including Japan, North America, Europe, and Asia. The company was founded in 1933 and is headquartered in Toyota City, Japan.
Advisors' Opinion:- [By SmartStops]
It's a tough time to be a global automaker. While China's car market continues to provide robust business activity for the time being, companies that deal in international markets are facing a number of pressures that make operations an increasingly expensive proposition. There are few vehicle makers facing issues quite like Toyota (TM), which, while currently positioned as the world's largest manufacturer of cars and trucks by some accounts, could be in for some tough times ahead if the global economic environment deteriorates further.
- [By WWW.DAILYFINANCE.COM]
Justin Sullivan/Getty Images NEW YORK and DETROIT -- U.S. banks looking to get in on a booming market for financing new-car sales have run into a formidable competitor: the auto manufacturers themselves. Financing arms of car companies, including Toyota Motor (TM), Honda Motor (HMC) and Ford Motor (F), made half of all new U.S. car loans in the first quarter, up from 37 percent a year earlier and the largest percentage of the market in four years, according to credit data firm Experian (EXPR). These companies also write the vast majority of leases, which contributed a record 26 percent of new car sales in the quarter, up from 23 percent last year and 20 percent in 2012. The financing arms are providing subsidies from the manufacturers, lowering monthly payments and extending loan terms to make it easier for buyers to drive away in a shiny, new vehicle. As a result, major banks are increasingly moving into riskier parts of the market to make loans. U.S. Bancorp (USB), for example, for the first time ever decided to start financing used cars, an area of the market that the automakers' finance companies have little interest in. It also started offering loans to less creditworthy borrowers. And Wells Fargo (WFC) has been leveraging off a nationwide deal with General Motors (GM) to provide loans subsidized by the No. 1 U.S. automaker. Wells sees this as a way to gain more of the used car loan business at GM dealerships. The aggressive push by car companies is beginning to raise questions among industry analysts and consultants about whether it is sustainable. If interest rates rise, the automakers could find the incentives too costly unless they are prepared to take a hit to profits -- with any pullback in the deals being offered customers running the risk of hurting demand. And, if used car prices weaken, the financing units could be hit with losses on vehicles coming back from leases and repossessions. The automakers' financing companies are doing sub
- [By Adam Levine-Weinberg]
In recent years, Toyota (NYSE: TM ) has been incredibly successful in the U.S. car market, with models like the Camry, Corolla, and Prius all becoming best-sellers. However, Toyota has had trouble competing with the likes of�Ford (NYSE: F ) and�General Motors (NYSE: GM ) in the full-size-truck market. Truck buyers tend to be very loyal to their favorite brands, which makes it hard for competitors to unseat Ford and GM.
- [By Quoth the Raven]
Regardless, through July of this year, Fusion was on pace to beat its 2012 numbers significantly.
RankCarJuly
2013
YTD% ChangeJuly
2013% Change#1Toyota (TM) Camry242,406- 0.6%34,780+ 16.3%#2Honda (HMC) Accord218,367+ 18.8%31,507+ 10.0%#3Nissan (NSANF.PK) Altima197,321+ 7.4%29,534+ 11.0%#4Honda Civic191,120+ 1.9%32,416+ 29.6%#5Toyota Corolla/Matrix183,435+ 4.6%24,463+ 3.5%#6Ford Fusion181,668+ 13.4%20,522- 12.0%
Best Asian Stocks For 2015: Canada Bread Company Ltd (CBY)
Canada Bread Company, Limited is a manufacturer and marketer of flour-based products in its various markets, including fresh bread in Canada, frozen partially baked bread in the United States and Canada, specialty bakery products, including fresh pasta and sauces, sweet goods and snack cakes in Canada, and bagels, croissants and other specialty baked goods in the United Kingdom. It operates in two segments: Fresh Bakery business includes pantry breads, rolls, flatbreads, artisan breads, sweet goods and snack cakes sold under a number of brands, including Dempster��, Villaggio, POM, Bon Matin and Ben��, and Frozen Bakery segment consists of frozen par-baked bakery products sold in North America and the United Kingdom bakery business, which specializes in bagels, croissants, and specialty breads. In November 2013, the Company clearanced and closed the sale of Olivieri Foods, to Ebro Foods SA. Advisors' Opinion:- [By Gerrit De Vynck]
The Toronto-based food producer, which owns 90 percent of Canada Bread Co. (CBY), said in October it would explore options for the stake, including a possible sale as it divests assets to focus on its meat business. With several suitors evaluating the company, a sale is looking more likely, said one of the people, who asked not to be named because the talks are private. Maple Leaf hired Centerview Partners LLC and Royal Bank of Canada to look for buyers, the people said.
Best Asian Stocks For 2015: Alliant Energy Corporation (LNT)
Alliant Energy Corporation operates in electric and gas utility businesses in the United States. The company, through its subsidiary, Interstate Power and Light Company, engages in the generation and distribution of electric energy; and the distribution and transportation of natural gas in Iowa and southern Minnesota. As of December 31, 2009, it supplied electric and gas service to approximately 525,334 and 233,841 retail customers. Alliant Energy Corporation also provides steam services, and various other energy-related products and services to customers in Iowa. The company, through its other subsidiary, Wisconsin Power and Light Company (WPL), involves in the generation and distribution of electric energy; and the distribution and transportation of natural gas primarily in south and central Wisconsin markets. As of December 31, 2009, WPL supplied electric and gas service to 453,573 and 177,968 retail customers. In addition, Alliant Energy Corporation has investments in environmental consulting, and engineering and renewable energy services businesses. It also engages in transportation business, which includes a short-line railway for the provision of freight services between Cedar Rapids and Iowa City in Iowa; barge terminal and hauling services on the Mississippi River; and other transfer and storage services. The company was founded in 1917 and is based in Madison, Wisconsin.
Advisors' Opinion:- [By Seth Jayson]
Alliant Energy (NYSE: LNT ) is expected to report Q1 earnings on May 3. Here's what Wall Street wants to see:
The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Alliant Energy's revenues will contract 0.0% and EPS will grow 24.0%. - [By Eric Volkman]
Alliant Energy (NYSE: LNT ) is staying true to form and pumping out its usual reward for shareholders. The company has announced it will distribute a dividend of $0.47 per share of its common stock on May 15 to shareholders of record as of April 30. This matches the firm's previous distribution, which was dispensed at the end of January. Previous to that, Alliant had paid $0.45 per share.
- [By Eric Volkman]
The lights of Alliant Energy (NYSE: LNT ) are continuing to burn brightly, at least as far as the utility operator's shareholder payouts are concerned. The company has declared a quarterly common stock dividend of $0.47 per share, to be paid on Aug. 15 to holders of record as of July 31. That amount matches both of the firm's previous two disbursements, the most recent of which was paid in May. Before that, Alliant Energy handed out 2 cents less at $0.45 per share.
Best Asian Stocks For 2015: Dover Motorsports Inc (DVD)
Dover Motorsports, Inc. is a marketer and promoter of motorsports entertainment in the United States. The Company, through its subsidiaries, owned and operated Dover International Speedway in Dover, Delaware and Nashville Superspeedway near Nashville, Tennessee. During the year ended 2011, the Company�� facilities promoted 10 events under the auspices of the sanctioning body, the National Association for Stock Car Auto Racing (NASCAR). During 2011, the Company promoted 2 NASCAR Sprint Cup Series events, 4 NASCAR Nationwide Series events, 3 NASCAR Camping World Truck Series events, and 1 NASCAR K&N Pro Series East event.. On January 31, 2011, the Company sold its Memphis Motorsports Park facility.
Dover International Speedway
The Company has promoted NASCAR-sanctioned racing events at Dover International Speedway. As of December 31, 2011, it promoted six NASCAR-sanctioned events at the facility annually. Two races are in the NASCAR Sprint Cup Series professional stock car racing circuit, two races are in the NASCAR Nationwide Series racing circuit, one race is in the NASCAR Camping World Truck Series racing circuit and one race is in the NASCAR K&N Pro Series East racing circuit. Each of the NASCAR Nationwide Series events and the Camping World Truck Series event at Dover International Speedway are conducted on the days before a NASCAR Sprint Cup Series event. Dover International Speedway is one of only seven speedways in North America that presents two NASCAR Sprint Cup Series events and two NASCAR Nationwide Series events each year. Additionally, it is one of only five tracks to host three NASCAR events at one facility on the same weekend.
Dover International Speedway, known as the Monster Mile, is a high-banked, one-mile, concrete superspeedway with permanent seating capacity of approximately 132,000. The superspeedway facility also features the Monster Bridge. The climate controlled bridge spans across the width of the superspeedway at a height of 29 feet ! and houses 50-luxury seats, a refreshment bar and other amenities.
Nashville Superspeedway
Nashville Superspeedway (Nashville) is a motorsports complex approximately 35 miles from downtown Nashville in Wilson County, Tennessee. The 1.33-mile concrete superspeedway has 25,000 permanent grandstand seats with an infrastructure in place to expand to 150,000 seats as demand requires. Additionally, construction included lights at the superspeedway to allow for nighttime racing and the foundation work for a dirt track, short track and drag strip. Nashville Superspeedway promoted two NASCAR Nationwide Series events and two NASCAR Camping World Truck Series event, during 2011. The facility also hosted other regional and national touring events, as well as track rentals.
Advisors' Opinion:- [By CRWE]
Dover Motorsports, Inc. (NYSE:DVD) Board of Directors today declared an annual cash dividend on both classes of common stock of $.04 per share. The dividend will be payable on December 10, 2012 to shareholders of record at the close of business on November 10, 2012. Due to the seasonal nature of our business, we will evaluate dividends annually.
Best Asian Stocks For 2015: Laredo Petroleum Inc (LPI)
Laredo Petroleum, Inc., formerly Laredo Petroleum Holdings, Inc., incorporated in August 12, 2011, is an independent energy company focused on the exploration, development and acquisition of oil and natural gas in the Permian and Mid-Continent regions of the United States. The Company�� activities are primarily focused in the Wolfberry and deeper horizons of the Permian Basin in West Texas and the Anadarko Granite Wash in the Texas Panhandle and Western Oklahoma, where it has assembled 134,680 net acres and 37,850 net acres, respectively, as of December 31, 2011.
Permian Basin
The Permian Basin, located in west Texas and southeastern New Mexico, is an onshore oil and natural gas producing regions in the United States. The Company�� Permian activities are centered on the eastern side of the basin approximately 35 miles east of Midland, Texas in Glasscock, Howard, Reagan and Sterling Counties. As of December 31, 2011, it held 134,680 net acres in over 300 sections with an average working interest of 96% in wells drilled as of that date. The overall Wolfberry interval, the principal focus of its drilling activities, is an oil play that also includes a liquids-rich natural gas component. Its production/exploration fairway extends approximately 20 miles wide and 80 miles long. While exploration and drilling efforts in the southern half of its acreage block has been centered on the shallower portion of the Wolfberry (Spraberry, Dean and Wolfcamp formations) the emphasis in the northern half has been on the deeper intervals, including the Wolfcamp, Cline Shale, Strawn and Atoka formations.
As of December 31, 2011, the Company had drilled and completed approximately 600 gross vertical wells and had defined the productive limits on its acreage throughout the trend. It has expanded its drilling program to include a horizontal component targeting the Cline and Wolfcamp Shales. The Company has drilled four gross horizontal Wolfcamp Shale wells as of December 31, 2011. A! s of December 31, 2011, it had drilled a total of 27 gross horizontal wells in the Wolfcamp and Cline formations, of which 23 are in the Cline Shale and four in the Wolfcamp Shale. It had over 5,600 total gross identified drilling locations (both vertical and horizontal) in the Permian, all of which are within the Wolfberry and Cline Shale interval during the year ended December 31, 2011.
Anadarko Granite Wash
Straddling the Texas/Oklahoma state line, its Granite Wash play extends over a large area in the western part of the Anadarko Basin. As of December 31, 2011, it held 37,850 net acres in Hemphill County, Texas and Roger Mills County, Oklahoma. The Company�� play consists of vertical and horizontal drilling opportunities targeting the liquids-rich Granite Wash formation. As of December 31, 2011, it had drilled and completed over 150 gross vertical wells. During 2011, its horizontal Granite Wash program was in the development phase. As of December 31, 2011, it had approximately 100 gross identified potential drilling locations for the horizontal Granite Wash, which included both its Texas and Oklahoma acreage.
Other areas
The Company, in addition to its Permian Wolfberry and Anadarko Granite Wash plays, evaluated opportunities in three other areas within its core operating regions during 2011. The Dalhart Basin is located on the western side of the Texas Panhandle. As of December 31, 2011, the Company held 83,295 net acres in the Dalhart Basin. As of December 31, 2011, it had drilled two gross vertical wells in the Dalhart Basin. The second area is centrally located in the Central Texas Panhandle, where its operations were conducted through its joint venture with ExxonMobil as of December 31, 2011. As of December 31, 2011, it held 46,915 net acres in the Central Texas Panhandle. The third area is located in the eastern end of the Anadarko Basin, in Caddo County, Oklahoma. As of December 31, 2011, the Company held 33,306 net acres in the Eastern An! adarko. Advisors' Opinion:
- [By Robert Rapier]
Laredo Petroleum (NYSE: LPI) is a smallish (~$4 billion market capitalization) oil and natural gas producer in the booming Permian Basin, where it holds leases on ~144,000 net acres.
- [By Tony Daltorio]
Other companies already drilling in the Cline include Apache Corp. (NYSE: APA), Gulfport Energy Corp. (Nasdaq: GPOR), and another pioneer in the region, Laredo Petroleum Holdings Inc. (NYSE: LPI).
- [By Tyler Crowe]
Who's doing it the best?
Company % Liquids in�Portfolio Oil Production Replacement Rate (3 Years) Reserve Replacement Costs (3-Year Average) Per boe Rosetta Resources� (NASDAQ: ROSE ) 57% 846% $6.99 Continental Resources� (NYSE: CLR ) 72% 827% $12.61 Laredo Petroleum� (NYSE: LPI ) 52% 1,042% $13.51 SM Energy� (NYSE: SM ) 53% 392% $14.67 SandRidge Energy� (NYSE: SD ) 58% 704% $14.85
It can be pretty handy to evaluate the entire industry on how efficiently it's replacing reserves, but reserve replacement costs can be more effective in evaluating individual companies. The lower the costs, the better it is. According to Ernst & Young, the most effective company at controlling reserve replacement costs is private company�Antero Resources, with a three-year average reserve replacement cost of about $2.88 per barrel of oil equivalent. Antero, and four of the other top five companies on Ernst & Young's list, are almost pure natural gas plays. If we've learned one thing over the past couple of years, it's that oil reserves and natural gas reserves are two totally different things when it comes to value. The five following companies have more than 50% liquids on�their�reserves and had the lowest reserve replacement costs for 2012.Sources: Ernst & Young and S&P Capital IQ; author's calculations.
Best Asian Stocks For 2015: BG Group PLC (BRGXF.PK)
BG Group plc (BG Group) is a natural gas company. The Company is engaged in the exploration, development and production of natural gas and oil. It operates in three business segments: Exploration and Production (E&P), Liquefied Natural Gas (LNG) and Transmission and Distribution (T&D). Effective January 1, 2012, the Company was managed across three regions: Americas and Europe; Africa, Central and South Asia, and Australia and East Asia, supported by Global Energy Marketing and Shipping (GEMS) and BG Advance. The Company has interests in 25 countries on five continents. During the year ended December 31, 2011, the Company acquired an interest in, and operatorship of, offshore blocks L10A (BG Group 40%) and L10B (BG Group 45%) in Kenya. During 2011, the Company acquired additional Marcellus shale properties in partnership with EXCO Resources, Inc. (EXCO). In June 2013, BG Group PLC announced that it has completed the sale of its 65.12% holding in Gujarat Gas Company Limited (GGCL). Advisors' Opinion:- [By Heather Ingrassia]
On Thursday, August 15, GasLog (GLOG) announced that it had ordered two new 174K cbm Tri-Fuel Diesel Electric LNG carriers from Samsung Heavy Industries. These carriers are expected to be delivered in 2016 which is the same year the company will begin seven-year charters with BG Group (BRGYY.PK) (BRGXF.PK).
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