Category Archives: Warren Buffett Stocks

[ October 30, 2014 | Author: admin | Views: 30997 | Weather: | Mood: normal]

Some of the stocks that may grab investor focus today are: Wall Street expects Fastenal Company (NASDAQ: FAST) to report its Q3 earnings at $0.41 per share on revenue of $862.54 million. Fastenal shares gained 0.88% to $50.42 in after-hours trading. Yum! Brands (NYSE: YUM) reported a 68% drop in its third-quarter profit and lowered its forecast. Yum! shares tumbled 7.02% to $66.64 in the after-hours trading session. Analysts expect Family Dollar Stores (NYSE: FDO) to report its Q4 earnings at $0.84 per share on revenue of $2.56 billion. Family Dollar shares declined 0.20% to $69.31 in after-hours trading. Alcoa (NYSE: AA) reported better-than-expected third-quarter results. Alcoa shares rose 3.02% to $8.18 in the after-hours trading session. Best Prefered Companies To Own For 2015: TASER International Inc.(TASR) TASER International, Inc. develops, manufactures, and sells electronic control devices (ECD) for use in the law enforcement, military, corrections, private security, and personal … Continue reading

[ October 30, 2014 | Author: admin | Views: 47231 | Weather: | Mood: normal]

Although we don’t believe in timing the market or panicking over market movements, we do like to keep an eye on big changes — just in case they’re material to our investing thesis. What: Shares of Canadian Solar (NASDAQ: CSIQ  ) jumped 13% today after signing a deal to expand manufacturing. So what: The company agreed to partner with Samsung Renewable Energy to build a solar manufacturing facility in London, Ontario. The plant will begin construction in 2013 and will supply modules to plants like Samsung’s 100 MW projects in Haldimand County and Kingston and Loyalist Township. Now what: This is a really great partnership for Canadian Solar and helps solidify it as one of the best manufacturers in China. Not a lot of details have been released about the financial impact this will have on Canadian Solar, and with the company reporting losses each quarter, I’m still leery, but strategically, … Continue reading

[ October 30, 2014 | Author: admin | Views: 88141 | Weather: | Mood: normal]

Snowstorms and frigid temperatures across much of the USA the past six weeks have stalled shipments, forcing some manufacturers to shut down for days and delaying deliveries to some retailers. The snarls have compounded the effects of weather on the economy. Last week, the government reported that factory production fell sharply in January. Some workers have seen reduced hours and pay. The disruptions are also helping drive up some trucking rates costs that could get passed through to consumers. “It has a massive ripple effect through the supply chain and the economy,” says Bob Costello, chief economist of the American Trucking Association. Ports in New York and New Jersey have been especially hard hit. Not only did New Jersey ports close during each big storm but operations were slowed afterward as workers moved snow to make room for shipping containers, says Evans Papantourous, owner of EP Transportation and Logistics. The … Continue reading

[ October 29, 2014 | Author: admin | Views: 84478 | Weather: | Mood: normal]

Prudential Financial Inc. and MetLife Inc. rallied after the Senate approved a bill that gives Federal Reserve regulators more flexibility in how they apply capital rules to the biggest U.S. life insurers. Prudential climbed 2.4% to $88.09 at 4:01 p.m. Wednesday in New York. It was up 0.16% in afternoon trading Thursday. MetLife jumped 3%, the biggest gain in the 83- company Standard and Poor’s 500 Financials Index, but was down 0.64% Thursday afternoon. The bill eases a Dodd-Frank Act provision that imposes bank-like capital standards on insurers that are deemed systemically important. Prudential was named systemically important last year and MetLife is in the final stage of a government review to determine whether it gets the same designation. “It is becoming increasingly clear that the Fed will be given the flexibility to tailor its regulation of insurance companies,” Ed Mills, an analyst at FBR Capital Markets, wrote in a … Continue reading

[ October 29, 2014 | Author: admin | Views: 83424 | Weather: | Mood: normal]

WASHINGTON Average U.S. rates on fixed mortgages rose this week but remained near historically low levels. Mortgage buyer Freddie Mac said Thursday the average rate for the 30-year loan increased to 4.33% from 4.28% last week. The average for the 15-year mortgage edged up to 3.35% from 3.33%. Mortgage rates have risen about a full percentage point since hitting record lows roughly a year ago. The increase was driven by speculation that the Federal Reserve would reduce its $85 billion-a-month bond purchases. Deeming the economy to be gaining strength, the Fed proceeded last month with planned reductions of its bond purchases, which have helped keep long-term interest rates low. STOCKS THURSDAY: How markets are doing The housing market is expected to deliver another year of solid gains, helped by an improving economy. Most economists expect home sales and prices to keep rising this year, but at a slower pace. They … Continue reading