Category Archives: Warren Buffett Stocks

[ July 28, 2014 | Author: admin | Views: 72757 | Weather: | Mood: normal]

Dublin, Ireland-based heavy industrial manufacturer Ingersoll-Rand (NYSE: IR  ) is laying the groundwork for spinning off its Indiana-based, Ireland-registered Allegion subsidiary. On Tuesday, Ingersoll named Quanex Building Products (NYSE: NX  ) CEO DavidD. Petratis as the new chairman, president, and CEO of its soon-to-spin-off Allegion subsidiary. Petratis has served as chairman, president, and CEO of Houston-based Quanex since July 2008. In announcing Petratis’ appointment, Ingersoll-Rand CEO Michael W. Lamach called him “an accomplished leader in the manufacturing and marketing of code-compliant, high-value products that are specified by architects and engineers, and used by commercial and residential builders.” Lamach also expressed hope that his “vision and leadership [will] help realize Allegion’s full potential.” Based in Carmel, Ind., global security products and solutions company Allegion aims to list its shares on the New York Stock Exchange, using the ticker symbol ALLE. Post-spinoff, the company will boast $2 billion in annual sales of such products … Continue reading

[ July 28, 2014 | Author: admin | Views: 12966 | Weather: | Mood: normal]

Eric Schneider emptied his 401(k) to start a specialty coffee and tea shop with his wife Nancy in 2012. Two years later, the business is set to log a profit. NEW YORK (CNNMoney) If you’re saving for retirement, one of the cardinal rules is: “Don’t touch your 401(k) until you retire.” Eric Schneider followed it diligently during his 25 years selling commercial insurance. But two years ago, he emptied his nest egg to launch Headrush Roasters Coffee & Tea in Kansas City, Mo. “I took a big risk, but I don’t regret it at all,” said Schneider, 49, who co-owns the business with his wife Nancy. Schneider left his six-figure job in 2010 with $250,000 in his 401(k) and $100,000 in savings. In 2011, he found a vacant building that he thought would be perfect for his coffee shop and roastery. He hoped to lease it, but the owner only … Continue reading

[ July 27, 2014 | Author: admin | Views: 30624 | Weather: | Mood: normal]

Though drastic reductions in spending have weighed on Ultra Petroleum’s (NYSE: UPL  ) production, earnings, and stock price performance in recent years, the company’s future looks a lot brighter. In addition to sharply improved earnings and cash flow expectations this year thanks largely to its acquisition of oil-rich acreage in Utah’s Uinta basin, there is reason to believe that the company could be significantly undervalued on an enterprise value-to-proven reserves basis. Let’s take a closer look. Photo credit: Wikimedia Commons. Big boost to proven reserves Ultra boosted its year-end 2013 proven reserves by 18% to 3.6 trillion cubic feet equivalent, bringing its organic reserve replacement to an extremely healthy 307%. The year-over-year increase in proven reserves was due largely to higher gas prices and significant well cost reductions at its operations in Wyoming’s Pinedale field. Several of Ultra’s peers also reported significant growth in reserves. Top 5 Undervalued Companies For 2015: … Continue reading

[ July 27, 2014 | Author: admin | Views: 57946 | Weather: | Mood: normal]

It took a while, but the Dow Jones Industrials (DJINDICES: ^DJI  ) finally warmed up to the start of earnings season by rising 60 points and setting a new all-time record high. Yet even though anxiety about the huge bull-market run that stocks have enjoyed since 2009 has some investors considering whether they ought to take profits and run, today’s market action shows a surprising dynamic that is a big shift from more normal investor behavior. Ordinarily, with markets at new highs, worried investors would bid up shares of consumer giants. Yet many of the Dow’s top consumer companies finished lower today. Procter & Gamble (NYSE: PG  ) fell two-thirds of a percent, while Coca-Cola (NYSE: KO  ) backed off a 52-week high to finish lower by 0.4%. Both companies generally have defensive characteristics that worried investors typically like, as their businesses aren’t very sensitive to changing economic conditions, and they sell products … Continue reading

[ July 27, 2014 | Author: admin | Views: 12347 | Weather: | Mood: normal]

Olive Garden owner Darden Restaurants (NYSE: DRI  ) reported Q4 and full-year earnings Friday. The news was not good. Sales at the company that runs not only Olive Garden, but the Red Lobster and LongHorn Steakhouse chains besides, grew 11% in the final quarter of fiscal 2013. That didn’t keep profits from heading the other way, however — down 12% year over year, to $1.15 per diluted share. Thus continued Darden’s year-long slump, which has seen fiscal 2013 profits fall an equal 12% in comparison with fiscal 2012. Darden ended fiscal 2013 with just $3.14 per diluted share in profits. Among Darden’s several chains, Olive Garden posted the weakest same-restaurant sales, with receipts growing only 1.1% in the quarter as compared with a year ago. Red Lobster did nearly three times better than that at 3.2%. Meanwhile, shoppers who could still afford to buy steak helped lift LongHorn to the best … Continue reading