After bouncing back yesterday from their oil-export related losses, refiners like Marathon Petroleum (MPC), HollyFrontier (HFC), Tesoro (TSO) and Delek US (DK) are falling once again.
And while it’s easy to blame the decision to allow exports of ultra-light crude oil, Credit Suisse analysts Edward Westlake and Bryan Baritot explain why there’s more to the drop in refiners–and their decision to cut Holly Frontier:
Bloomberg News2014 has been a year of consolidation in refiner shares. The US refiners sit at the low end of the global cost curve, have value in logistics and retail, have demonstrated the ability to generate significant cash flow when crude markets dislocate, and US production (even ex-condensate) is rising at 800-900kbd pa. However, the market has been reminded that US refining is still linked to the world – the US imports 7.4 MBD of crude (4.7 mbd ex-Canada), there is over-capacity in global refining and the risk premium in the oil price is rising. Leading edge consensus EPS for 2Q started to fall a few weeks back ��we cut our earnings today. This week the market was also reminded that the lightest barrels (condensate) in US production can be exported (via distillation towers) at relatively low cost, creating more runway for black oil (now stands at maybe over 4 years). In addition to lowering EPS (see Exhibit 10) for the group, we downgrade Holly Frontier back to Neutral, as we expect macro fears to side-swipe its operational recovery.
5 Best Transportation Stocks To Watch For 2015: CDC Point SpA (CDC)
CDC Point SpA is an Italy-based company engaged in the information technology (IT) sector. The Company structures its business into two main sectors: Production and Distribution of IT, and Business Value-Added. Through the Production and Distribution of IT sector, it is active in the manufacture of consumer desktop personal computers, as well as in the distribution and retail of computer hardware; peripheral equipment and accessories, such as keyboards, monitors, webcams, card readers, audio systems, voice over Internet protocol (VoIP) accessories and routers, and software products. Through the Business Value-Added sector, it provides value added services and solutions, including voice over Internet protocol (VoIP) services; video surveillance and home automation technologies; software management and e-commerce solutions, and Web services, such as domain registering, hosting, server, email, positioning on search engines and Web marketing services. Advisors' Opinion:- [By abirk]
The people of America are becoming more and more health conscious as obesity is growing at a great pace. As per the Centers for Disease Control and Prevention (CDC), more than one third of US adults (35.7%) is obese. This point out the finger towards the fast-food industry as they are using trans fats (responsible for clogging arteries) in their products to make it more mouth watering.
Best Retail Stocks To Watch Right Now: Puget Technologies Inc (PUGE)
PUGET TECHNOLOGIES, INC., incorporated on March 17, 2010, is a development-stage company. The Company is engaged in the distribution of luxury wool bedding sets produced in Germany. The Company�� product includes Lama Wool, Camel Wool, Cashmere Wool and Merino Wool.
The Company�� Lama Wool is consists of 50% Lama Wool hair, and 50% Merino wool hair. The Camel wool is consists of 50% Camel wool hair, and 50% Merino wool hair. The Cashmere wool is blended with Merino wool.
Advisors' Opinion:- [By Peter Graham]
Small cap stocks Inscor, Inc (OTCMKTS: IOGA), Puget Technologies Inc (OTCBB: PUGE) and PTA Holdings Inc (OTCMKTS: PTAH) have all been getting some attention lately in various investment newsletters or investor alerts. However, two of these small caps have been the subject of paid promotions while the third is getting attention largely because its in the growing marijuana or cannabis business. With that in mind, are these stocks really all that hot or not? Here is a quick reality check:
Best Retail Stocks To Watch Right Now: McDonald's Corporation(MCD)
McDonald?s Corporation, together with its subsidiaries, operates as a worldwide foodservice retailer. It franchises and operates McDonald?s restaurants that offer various food items, soft drinks, coffee, and other beverages. As of December 31, 2009, the company operated 32,478 restaurants in 117 countries, of which 26,216 were operated by franchisees; and 6,262 were operated by the company. McDonald?s Corporation was founded in 1948 and is based in Oak Brook, Illinois.
Advisors' Opinion:- [By Sue Chang]
McDonald�� (MCD) �is projected to report third-quarter earnings of $1.51 a share, according to a consensus survey by Thomson Reuters.
- [By Justin Loiseau]
As retail sales rose 9.8%, McDonald's (NYSE: MCD ) shares jumped 35%. As the Purchasing Managers Index increased 11.9%, General Electric (NYSE: GE ) shares grew 41% while Intel (NASDAQ: INTC ) rocketed 110% on 42% sales increases.
- [By Jake L'Ecuyer]
Top Headline
McDonald's (NYSE: MCD) reported downbeat comparable-restaurant sales for October.McDonald's global same-restaurant sales increased 0.5 percent in October. However, analysts were expecting a 0.6 percent growth. Analysts at RBC Capital initiated coverage on the stock with a Sector Perform rating.
- [By Dividend]
McDonald's (MCD) has a market capitalization of $94.33 billion. The company employs 440,000 people, generates revenue of $27.567 billion and has a net income of $5.464 billion. McDonald's earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $9.865 billion. The EBITDA margin is 35.79 percent (the operating margin is 31.21 percent and the net profit margin 19.82 percent).
Best Retail Stocks To Watch Right Now: Burlington Stores Inc (BURL)
Burlington Stores, Inc., incorporated on February 13, 2013, is a national off-price retailer of branded apparel, operating 503 stores, inclusive of an Internet store, in 44 states and Puerto Rico. The Company offers its merchandise using an Every Day Low Price (EDLP) model with savings up to 60-70% off department and specialty store regular prices. It provides its customers with a selection of fashionable branded product in women�� ready-to-wear apparel, menswear, youth apparel, baby products, footwear, accessories, home goods and coats. The Company merchandise from over 3,500 vendors, with a focus on nationally-recognized brands. This vendor breadth provides its customers with a treasure hunt experience of searching for great brands at great value.
The Company�� average store size is approximately 80,000 square feet, which is two to three times the size of its off-price competitors��stores. Its larger store size has allowed the Company to offer more categories and substantially more breadth in each product category than its off-price competitors and to establish ourselves as a destination for select categories, including coats, youth and baby, special-occasion dresses and men�� tailored apparel.
Advisors' Opinion:- [By John Kell and Tess Stynes var popups = dojo.query(".socialByline .popC"); p]
Among the companies expected to actively trade in Thursday’s session are Burlington Stores Inc.(BURL), ConAgra Foods Inc.(CAG) and Guess Inc.(GES)
- [By Sue Chang]
Burlington Stores Inc. (BURL) �is likely to post fourth-quarter earnings of $1.03 a share.
- [By Jake L'Ecuyer]
Equities Trading UP
Burlington Stores (NYSE: BURL) shares shot up 15.02 percent to $29.79 on Q4 results. Burlington Stores reported its Q4 earnings of $1.07 per share, versus analysts' estimates of $1.03 per share. - [By Jake L'Ecuyer]
Equities Trading UP
Burlington Stores (NYSE: BURL) shares shot up 11.91 percent to $28.99 on Q4 results. Burlington Stores reported its Q4 earnings of $1.07 per share, versus analysts' estimates of $1.03 per share.
Best Retail Stocks To Watch Right Now: Axxess Unlimited Inc (AXXU)
Axxess Unlimited, Inc., incorporated on June 8, 2000, is the holding company for the Axxess family of companies. The Axxess family of companies includes both vertically-integrated operating businesses and horizontally-integrated companies with each supported by a common software technology - the Axxess RISE Platform. The Company provides next-generation business intelligence for a range of businesses and organizations. It provides information-driven business solutions through interactive marketing, interactive technologies, application and product development, customer relationship management, business intelligence, portals and collaboration, and infrastructure solutions. Its companies include Axxess Digital (AxxuD), Axxess Apps (AxxuA) and Axxess Brands (AxxuB).
Axxess Digital
AxxuD is an interactive digital agency company. The Company relies on the core logic of the Axxess Unlimited RISE platform.
Axxess Apps
AxxuA is a software development company. The focus of AxxuA includes: enterprise applications, custom applications, cloud applications and mobile applications. The Company has software-as-a-service (SaaS) solutions and custom and mobile products available in the government services, automobile dealership, medical and consumer goods sectors.
Axxess Brands
AxxuB is a marketer and manufacturer of specialty brands in better-for-you and indulgent categories under a variety of Company owned and licensed brand names. AxxuB licenses brands and provides outsource management.
Advisors' Opinion:- [By CRWE]
Last Friday, WIZD remained (0.00%) +0.000 at $.200 at the close (ref. google finance August 23, 2013 ��Close).
Axxess Unlimited, Inc. previously reported the second quarter 2013 financial results for the period ending June 30, 2013.
Second quarter 2013 compared to second quarter 2012 results included:
Total Revenues up 330% to $272,775 compared to $63,392
Gross Profit grew 1076% to $193,961 compared to loss of $19,876
Operating Expenses were up 97% as the company continued to invest in R&D and channel rollout for Axxess products and technology.
Operating Net Income increased 103% to $3,118 compared to loss of $116,773
Six-month period 2013 compared to six-month period 2012 results included:Total Revenues up 305% to $518,485 compared to $128,161
Gross Profit grew 1212% to $352,532 compared to $26,868
Operating Expenses were up 80%
Operating Net Income increased 96% to a loss of $6,551 compared to a loss of $172,982 - [By James E. Brumley]
Even if you're one of the few reading this now, odds are good that you'd still never heard of Axxess Unlimited Inc. (OTCMKTS:AXXU) until the beginning of February. Prior to that, trading in AXXU was thin and uneventful. The evidence? Prior to February 4th, the average daily volume was less than 10,000 shares per day, and had been stuck right around the $0.20 mark since the middle of last year. Since February 4th, though, things have changed for the better. Since then, volume has been considerably stronger, and Axxess Unlimited shares have finally woken up and decided to forge ahead.
- [By James E. Brumley]
If the names Axxess Unlimited Inc. (OTCMKTS:AXXU) and MagneGas Corporation (NASDAQ:MNGA) ring a bell, it might be because yours truly posted some bullish thoughts on both names earlier this week. Although neither small cap stock had done everything they needed to do in order become a fully bullish trade at the time, both MNGA and AXXU have cleared those hurdles in the meantime. So, in case you forgot (or in case you missed the first look), an updated review of Axxess Unlimited and MagneGas is merited.
- [By James E. Brumley]
A week and a half ago, yours truly penned some bullish thoughts on Axxess Unlimited Inc. (OTCMKTS:AXXU). Not too many traders read that take, and/or if they did, they didn't seem to care. The response to the commentary was non-existent (good or bad), and there was no sudden rush to go out and buy AXXU. Today's second look may have a different outcome.
Best Retail Stocks To Watch Right Now: Susser Holdings Corporation(SUSS)
Susser Holdings Corporation, together with its subsidiaries, operates convenience stores in Texas, New Mexico, and Oklahoma. The company operates in two segments, Retail and Wholesale. The Retail segment operates convenience stores that offer merchandise, food service, and motor fuel, as well as provides other services, including car washes, lottery, ATM, money orders, prepaid phone cards and wireless services, and movie rentals. As of January 1, 2012, it operated 541 convenience stores under the Stripes brand name. The Wholesale segment distributes motor fuel to its retail convenience stores, contracted independent operators of convenience stores, unbranded convenience stores, unattended fueling facilities, and other end users in Texas, New Mexico, Oklahoma, and Louisiana. The company also offers environmental, maintenance, and construction management services to the petroleum industry; and sells and installs motor fuel dispensers and tanks, as well as provides a range of environmental consulting services, such as hydrocarbon remediation, and Phase I and II site assessments for its stores and outside customers. Susser Holdings Corporation is based in Corpus Christi, Texas.
Advisors' Opinion:- [By Lisa Levin]
Susser Holdings (NYSE: SUSS) shares rose 36.54% to $77.87. The volume of Susser Holdings shares traded was 1198% higher than normal. Energy Transfer Partners LP (NYSE: ETP) announced its plans to acquire Susser Holdings in a deal valued at around $1.8 billion.
- [By Jake L'Ecuyer]
Equities Trading UP
Susser Holdings (NYSE: SUSS) shares shot up 36.36 percent to $77.76 after Energy Transfer Partners LP (NYSE: ETP) announced its plans to acquire Susser Holdings in a deal valued at around $1.8 billion.
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