Mobile-chip maker�NXP Semiconductors� (NASDAQ: NXPI ) �reported first-quarter earnings that came in below top-line consensus estimates by Capital IQ analysts, but issued guidance for the full year that was above expectations.
NXP reported revenues for the three months ending on March 31 of $1.09 billion, up 11% from the same period last year, when it recorded revenues of $978 million but below analysts' expectations of $1.16 billion. The chipmaker recorded a GAAP loss $0.06 per share, but adjusted profits of $0.72, more than triple the $0.23 per share in adjusted profits it generated last year.
Guidance for the second quarter 2013, however, was expected to be in a range of $1.15 billion to $1.21 billion, with the $1.18 billion mid-range number above the $1.16 billion expectations of analysts. On the bottom line, it anticipates $0.62 to $0.70 per share, with the midrange of $0.66 ahead of Wall Street's $0.63-per-share estimates.
Hot Companies To Watch In Right Now: novae group ord gbp0.10(NVA.L)
Novae Group plc engages in the provision of insurance and reinsurance underwriting services primarily in the United Kingdom, the United States, Canada, Australia, and Italy. The company underwrites a range of insurance products, including bloodstock, cargo, credit indemnity and financial services, energy, financial institutions, casualty, marine hull, marine liability, marine war, medical malpractice, motor, political risks, political violences, professional indemnity, property, and general liability insurance. It also underwrites various classes of reinsurance products comprising agriculture, aviation, credit and surety, engineering, general liability, marine, motor, and property. The company is based in London, the United Kingdom.
Hot Companies To Watch In Right Now: Golden Arrow Resources Corporat (GRG.V)
Golden Arrow Resources Corporation, a junior mineral exploration company, engages in advancing, identifying, and acquiring precious and base metal projects in Argentina. It has interests in approximately 40 exploration properties. The company�s projects include Potrerillos gold-silver project, Pescado gold project, and Mogote copper-gold-silver porphyry/epithermal project in San Juan Province; Chinchillas silver project located in Jujuy Province; Purulla copper-moly project in Catamarca Province; Don Bosco Copper-Gold Project, Caballos copper-gold project, and Varitas Polymetallic project in La Rioja Province; and Costa Property, Las Bayas property, and Victoria property in Chubut Province. Golden Arrow Resources Corporation is based in Vancouver, Canada.
10 Best Stocks To Buy For 2014: Teradyne Inc.(TER)
Teradyne, Inc., together with its subsidiaries, provides automatic test equipment products and services worldwide. The company operates in three segments: Semiconductor Test, Systems Test Group, and Wireless Test. The Semiconductor Test segment designs, manufactures, and sells semiconductor test products and services. Its test systems are used for wafer level and device package testing. These chips are used in automotive, communications, consumer, computer, and electronic game applications. This segment provides its products to integrated device manufacturers (IDMs) that integrate the fabrication of silicon wafers into their business; fabless companies, which outsource the manufacturing of silicon wafers; foundries that cater to the processing and manufacturing of silicon wafers; and outsourced sub-assembly and test providers, which offer test and assembly services for the final packaged devices to fabless companies and IDMs. It also provides Magnum test platform that test s memory devices, such as flash memory and dynamic random access memory, as well as offers ETS platform for use by semiconductor manufacturers, and assembly and test subcontractors in the low pin count analog/mixed signal discrete markets. The Systems Test Group segment offers military/aerospace test instrumentation and systems; storage test systems for HDD manufacturers; and circuit-board test and inspection systems for electronics manufacturers of cell phones, servers, computers, Internet switches, automobiles, and military avionics systems. The Wireless Test segment designs, develops, and supports wireless test solutions for developing and manufacturing wireless devices, such as smart phones, tablets, notebooks/laptops, and personal computer peripherals. This segment offers cellular communication solution for verification and calibration of mobile devices; and products for connectivity testing. The company was founded in 1960 and is headquartered in North Reading, Massach usetts.
Advisors' Opinion:- [By Cutler]
The semiconductor sector has been a leader this year, but TER has not participated and belongs to a group of stocks that should be sold.
One reason for its failure is that earnings are expected to fall to $1.38 (recent lower adjustment) this year versus $1.73 last year.
TER was last recommended as a short sale on Aug. 29 at $13. But its outlook has not improved, and a break under the quadruple-bottom at $11 should result in another massive decline. The trading target for TER is $8.
Hot Companies To Watch In Right Now: Torrens Energy Ltd (TEY.AX)
Torrens Energy Limited, an upstream geothermal exploration company, engages in the identification, exploration, and development of geothermal resources for power generation primarily in Australia. The company�s projects include Parachilna Geothermal Play and Port Augusta in south Australia. It also holds interests in the Adelaide and Barossa-Clare projects. Torrens Energy Limited was founded in 2006 and is based in Subiaco, Australia.
Hot Companies To Watch In Right Now: Domino's Pizza UK & IRL Plc(DOM.L)
Domino?s Pizza UK & IRL plc, together with its subsidiaries, holds the master franchise to own, operate, and franchise Domino?s Pizza stores in the United Kingdom and the Republic of Ireland. As of March 30, 2011, it operated 672 stores, which include 530 stores in England, 47 in Scotland, 27 in Wales, 18 in northern Ireland, 1 on the Isle of Man, 48 in the Republic of Ireland, and 1 mobile unit. The company, through its subsidiary, Intergrowth Enterprises Limited, also operates two stores in Berlin, Germany. Domino?s Pizza UK & IRL plc is headquartered in Milton Keynes, the United Kingdom.
Hot Companies To Watch In Right Now: Yahoo! Inc.(YHOO)
Yahoo! Inc., together with its subsidiaries, operates as a digital media company that delivers personalized digital content and experiences through various devices worldwide. It offers online properties and services to users; and a range of marketing services to businesses. The company?s communications and communities offerings include Yahoo! Mail, Yahoo! Messenger, Yahoo! Groups, Yahoo! Answers, Flickr, and Connected TV, which provide a range of communication and social services to users and small businesses enabling users to organize into groups and share knowledge, common interests, and photos. Its search products comprise Yahoo! Search and Yahoo! Local, available free to users to navigate the Internet and discover content. The company?s marketplaces offerings and services include Yahoo! Shopping, Yahoo! Travel, Yahoo! Real Estate, Yahoo! Autos, and Yahoo! Small Business, which allow users to research specific topics, products, services, or areas of interest by review ing and exchanging information, obtaining contact details, or considering offers from providers of goods, services, or parties with similar interests. Its media offerings comprise Yahoo! Homepage, Yahoo! News, Yahoo! Sports, Yahoo! Finance, My Yahoo!, Yahoo! Toolbar, Yahoo! Entertainment & Lifestyles, Yahoo! Contributor Network, and Yahoo! Pulse, which are designed to engage users with online content and services on the Web. The company also offers marketing services, such as display and search advertising, listing-based services, and commerce-based transactions to advertisers. In addition, it provides software and platform offerings for third-party developers, advertisers, and publishers, such as Yahoo! Developer Network, Yahoo! Open Strategy, Yahoo! Application Platform, Yahoo! Updates, Yahoo! Query Language, and Yahoo! Search BOSS. The company has strategic alliances with Nokia and ABC News, Inc. Yahoo! Inc. was founded in 1994 and is headquartered in Sunnyvale, Californi a.
Advisors' Opinion:- [By Jon C. Ogg]
Yahoo! Inc. (NASDAQ: YHOO) had a full shareholder recovery under new CEO Marissa Mayer, but now the company has to begin to execute on its strategy. Mayer probably has another three months before Wall St. will demand to see increasingly better results. We only say this because the shares rose by more than one-third from the summer lows to the peak above $20. Mayer has delivered on her promise to monetize the stake in Alibaba in China, and there is hope that more monetization from that may be seen, or from the Yahoo! Japan stake. Microsoft Corp. (NASDAQ: MSFT) may represent the biggest opportunity, but it also may represent the largest challenge. Yahoo! looks as though it will be a content destination rather than stepping backwards to become a search and aggregation destination.
Yahoo! trades at $19.40, but it has lost some momentum after closing at $20.08 and peaking at $20.32 for its 52-week high on the first trading day of 2013. The company has a $23 billion market cap, and we would caution that analysts have a consensus price target of only $19.66 after a fresh downgrade by Bernstein on valuation. Yahoo! trades at about 17-times current and forward earnings expectations.
As you might have expected, there is an ETF for that! The First Trust Dow Jones Internet Index (NYSEMKT: FDN) ETF trades at $40.60, but note that it hit a 52-week high, and that the 52-week is now $40.67. We would also note that the volume of almost 2.4 million shares seen this past Monday was basically twice as active as the three busiest trading days of 2012 in this ETF.
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