Category Archives: Warren Buffett Stocks

[ December 21, 2014 | Author: admin | Views: 13004 | Weather: | Mood: normal]

The House Appropriations Committee approved Wednesday a bill to give the Securities and Exchange Commission $1.4 billion in fiscal 2015 — $50 million more than the agency’s fiscal 2014 enacted level but $300 million less than the amount requested by President Barack Obama. The SEC budget boost under the FY 2015 Financial Services and General Government Appropriations bill is “targeted specifically toward critical information technology initiatives” for the agency. Rep. Jose Serrano, D-N.Y., tried to insert an amendment into the bill during the Wednesday markup to give the SEC the Obama administration’s funding request of $350 million, the same amount approved by voice vote by the Senate Subcommittee on Financial and General Government on Tuesday, arguing the agency would be “severely underfunded” at $1.4 billion. Serrano argued during the markup that if Congress “keeps asking the SEC to do more with less, then we should not be surprised if we … Continue reading

[ December 21, 2014 | Author: admin | Views: 62007 | Weather: | Mood: normal]

Two months ago, maritime shipping stocks FreeSeas Inc. (NASDAQ:FREE), NewLead Holdings Ltd (NASDAQ:NEWL), and DryShips Inc. (NASDAQ:DRYS) were all the rage; traders couldn’t get enough of them. The spark for the new strength from DRYS, NEWL, and FREE was a strong – and somewhat surprising – bounce in Baltic Dry Index, which roughly measures the daily charter rate for maritime shipping vessels. It had risen from a low of 698 at the beginning of the year to above 1000 by July to a peak of 2113 in late September. Since these shipping companies had seen a tripling (in less than a year, mind you) of the prices they could charge customers, the rebounding interest in these stocks was certainly understandable. FreeSeas shares more than doubled in value during that time. DryShips nearly did the same. While NewLead Holdings Ltd didn’t actually dole out any significant gain, it did draw a … Continue reading

[ December 21, 2014 | Author: admin | Views: 19795 | Weather: | Mood: normal]

On Jul 5, 2013, we reiterated our long-term Neutral recommendation on Associated Banc-Corp (ASBC), based on impressive loan and deposit growth, along with improving asset quality and sound capital deployment activity. However, higher expenses and considerable exposure to commercial loans keep us apprehensive. Why Neutral? Associateds focus on its organic growth strategy has resulted in an increase in deposits as well as net interest income (NII) over the past several quarters. Further, the company continues to build capital, leading to a better financial position that will aid in fulfilling higher capital requirements. Moreover, meaningful capital deployment and consistently improving credit quality are the positives for Associated. Nevertheless, increased non-interest expenses and significant exposure to commercial loans remain major causes of concern for the company. In addition, Associateds profitability remains subject to stringent regulations . Another issue that plagues the company is its limited exposure to markets. Top 10 Quality Stocks … Continue reading

[ December 21, 2014 | Author: admin | Views: 4653 | Weather: | Mood: normal]

Although Intel (NASDAQ: INTC  ) stock may look cheap compared to the S&P 500, there’s good reason for the low price tag. Between a faltering PC market, anemic revenue growth, and profitability concerns, Intel investors have a lot of things to worry about. Together, these factors certainly beg the question: Should you sell your Intel stock today? PC sales still top dog As exciting as it is for Intel to develop cutting-edge technology that threatens ARM Holdings’ mobile computing stronghold, the company remains deeply entrenched in the PC market. Intel reported its second-quarter earnings results last week, showing that more than 63% of the company’s revenue came from its PC client group segment. With worldwide PC shipments as bad as they’ve been, it’s not surprising that investor enthusiasm would be muted toward the company’s mobile computing ambitions. Simply put, it’s going to take a considerably large tail to wag this dog. … Continue reading

[ December 21, 2014 | Author: admin | Views: 32987 | Weather: | Mood: normal]

NEW YORK (TheStreet) — In May, I reported on Starbucks (SBUX) replacing a local florist on a Santa Monica corner near where I live. This image from last year illustrates the opposition Farrah’s Florist tried to generate to stop Starbucks: Obviously, and thankfully, the florist failed. And, just a couple weeks ago, Starbucks opened. Here’s a look at the facade/streetscape along Wilshire Boulevard, 11 blocks from Ocean Avenue: You can review my arguments in favor of the Starbucks — and against the florist — at the link that leads off the present article. I reckon I’ll be proven right. Here’s why … Top 5 Up And Coming Companies To Buy For 2015: ServiceNow Inc (NOW) ServiceNow, Inc., incorporated in June 2004, is a provider of cloud-based services to automate enterprise information technology (IT) operations. The Companys service includes a suite of applications built on its platform that automates workflow and … Continue reading