University researchers say they've found an unnoticed defect in Bitcoin that could undermine the whole system, turning the decentralized currency into a centralized one.
NEW YORK (CNNMoney) Bitcoin has an inherent flaw that could allow a powerful few to wrest control of the now-decentralized currency. All it would take is a group of cheaters.That's according to a research paper released Monday by Cornell University post-doctoral fellow Ittay Eyal and Professor Emin G眉n Sirer.
The flaw is due to the nature of how bitcoins are created -- people "mine" them by solving a complex puzzle with their computers. If used correctly,the system is set up so that someone guesses correctly every 10 minutes, and the winner gets 25 bitcoins. Because people compete against one another for the digital currency, bitcoins are mostly evenly distributed.
Top 5 Dow Dividend Companies To Invest In 2015: Westlake Chemical Corporation(WLK)
Westlake Chemical Corporation manufactures and markets basic chemicals, vinyls, polymers, and fabricated building products. It operates in two segments, Olefins and Vinyls. The Olefins segment provides ethylene, polyethylene, styrene monomer, and various ethylene co-products, such as chemical grade propylene, crude butadiene, pyrolysis gasoline, and hydrogen. The Vinyls segment offers polyvinyl chloride (PVC), vinyl chloride monomer, ethylene dichloride, chlorine, caustic soda, and ethylene. This segment also manufactures and sells products fabricated from PVC, including water, sewer, irrigation, and conduit pipes; window and door profiles; and fences. The company?s products are used in various applications, such as consumer and industrial markets comprising flexible and rigid packaging, automotive products, coatings, and residential and commercial construction, as well as in other durable and non-durable goods. Westlake Chemical Corporation provides its products for chem ical processors, plastics fabricators, construction contractors, municipalities, and supply warehouses in the United States, Canada, Singapore, and internationally. The company was founded in 1985 and is headquartered in Houston, Texas.
Advisors' Opinion:- [By Rich Duprey]
Specialty chemicals producer�Westlake Chemical� (NYSE: WLK ) �has acquired�the PVC pipe, fittings, profiles, and foundation business of CertainTeed now that�all the closing conditions, including a regulatory review, have been met.
- [By Jake L'Ecuyer]
Westlake Chemical (NYSE: WLK) shot up 2.14 percent to $120.83 after analysts at Susquehanna upgraded the stock from Neutral to Positive and lifted the target price from $118 to $145.
Best Integrated Utility Stocks To Own Right Now: AbbVie Inc (ABBV)
AbbVie Inc. (AbbVie), incorporated on April 10, 2012, is a research-based pharmaceuticals company. The Company discovers, develops, and commercializes advanced therapies. AbbVie's portfolio of products include a line of adult and pediatric pharmaceuticals, which includes HUMIRA, metabolics/hormones products, virology products, endocrinology products, dyslipidemia products and other products.
AbbVie products are used to treat rheumatoid arthritis, psoriasis, Crohn's disease, human immunodeficiency virus (HIV), cystic fibrosis complications, low testosterone, thyroid disease, Parkinson's disease and complications associated with chronic kidney disease, among other indications. In October 2012, AbbVie initiated a comprehensive Phase III program for hepatitis C virus (HCV) genotype one.
Advisors' Opinion:- [By Maxx Chatsko]
After spinning off its pharmaceutical business -- and most of its dividend, essentially -- you may think Abbott Laboratories (NYSE: ABT ) is relegated to a boring medical-device company. Heart stents just aren't as sexy as the megablockbuster drugs now being wielded by AbbVie� (NYSE: ABBV ) . The spinoff also took a promising�pipeline and most of the former company's dividend, which may make investors think twice about owning a slow-growing, mediocre-paying company such as Abbott.�
Best Integrated Utility Stocks To Own Right Now: LCNB Corp (LCNB)
LCNB Corp. (LCNB), incorporated on December 12, 1998, is a financial holding company. The Company�� principal activity is the ownership of LCNB National Bank (the Bank). The Bank is a full service community bank offering a range of commercial and personal banking services. Deposit services include checking accounts, negotiable order of withdrawal (NOW) accounts, savings accounts, Christmas and vacation club accounts, money market deposit accounts, Classic 50 accounts (a senior citizen program), individual retirement accounts, and certificates of deposit. Loan products offered include commercial and industrial loans, commercial and residential real estate loans, construction loans, various types of consumer loans, and Small Business Administration loans. In January 2014, Eaton National Bank & Trust Co. merged with LCNB Corp.'s wholly-owned subsidiary, LCNB National Bank.
The Bank's residential mortgage lending activities consist primarily of loans for purchasing or refinancing personal residences, home equity lines of credit, and loans for commercial or consumer purposes secured by residential mortgages. Consumer lending activities include automobile, boat, home improvement and personal loans. The Bank also offers indirect financing through various automotive, boat, and lawn and garden dealers. The Trust and Investment Management Division of the Bank performs complete trust administrative functions and offers agency and trust services, retirement savings products, and mutual fund investment products to individuals, partnerships, corporations, institutions and municipalities.
Security brokerage services are offered by the Bank through arrangements with LPL Financial LLC, a registered broker/dealer. Licensed brokers offer a full range of investment services and products, including financial needs analysis, mutual funds, securities trading, annuities, and life insurance.
Other services offered include safe deposit boxes, night depositories, travelers' checks, money! orders, cashier's checks, bank-by-mail, automated teller machines (ATMs), cash and transaction services, debit cards, wire transfers, electronic funds transfer, utility bill collections, notary public service, personal computer based cash management services, around-the-clock telephone banking, PC Internet banking, and other services tailored for both individuals and businesses. LCNB�� primary market area consists of Warren, Butler, and Clinton Counties and portions of Hamilton, Clermont and Montgomery Counties in Southwestern Ohio.
Advisors' Opinion:- [By Lisa Levin]
LCNB (NASDAQ: LCNB) shares touched a new 52-week low of $16.57. LCNB shares have dropped 4.80% over the past 52 weeks, while the S&P 500 index has gained 18.57% in the same period.
Best Integrated Utility Stocks To Own Right Now: Five Oaks Investment Corp (OAKS)
Five Oaks Investment Corp., incorporated on March 28, 2012, focused on investing in, financing and managing a leveraged portfolio of Agency and Non-Agency residential mortgage-backed securities, or RMBS, residential mortgage loans and other mortgage-related investments. The Company invests in both Agency RMBS and Non-Agency RMBS.
As of December 31, 2012, the Company�� portfolio consisted of Agency RMBS and Non-Agency RMBS. The Company is managed by Oak Circle Capital Partners LLC.
Advisors' Opinion:- [By Jon C. Ogg]
Five Oaks Investment Corp. (NYSE: OAKS) was downgraded to Neutral from Outperform at Credit Suisse.
Marathon Oil Corp. (NYSE: MRO) was downgraded to Neutral from Buy at BofA/Merrill Lynch.
Best Integrated Utility Stocks To Own Right Now: Range Resources Corporation(RRC)
Range Resources Corporation, an independent natural gas company, engages in the acquisition, exploration, and development of natural gas properties primarily in the Appalachian and southwestern regions of the United States. The company?s Appalachian region drilling and producing activities include tight-gas, shale, coal bed methane, and conventional natural gas and oil production in Pennsylvania, Virginia, Ohio, and West Virginia. It owns 4,969 net producing wells, approximately 2,750 miles of gas gathering lines, and approximately 1.8 million gross acres under lease. The company?s Southwestern drilling and producing activities cover the Barnett Shale of North Texas, the Permian Basin of West Texas and eastern New Mexico, the East Texas Basin, the Texas Panhandle, and the Anadarko Basin of Western Oklahoma. It owns 1,954 net producing wells, as well as approximately 886,000 gross acres under lease. As of December 31, 2010, Range Resources Corporation had had 4.4 Tcfe of pr oved reserves. It sells gas to utilities, marketing companies, and industrial users. The company was formerly known as Lomak Petroleum, Inc. and changed its name to Range Resources Corporation in 1998. Range Resources Corporation was founded in 1975 and is headquartered in Fort Worth, Texas.
Advisors' Opinion:- [By Aaron Levitt]
When it comes to the Marcellus shale in Pennsylvania and West Virginia, no one plays it better than natural gas producer Range Resources (RRC).
That�� surely evident from its latest earnings report. Overall, RRC managed to pump out record production for the third quarter at some pretty high prices. All told, total production increased by 21% vs. a year ago.
Best Integrated Utility Stocks To Own Right Now: Essential Innovations Technology Corp (ESIV)
Essential Innovations Technology Corp., incorporated on April 4, 2001, is a development-stage company, focused towards research and development, commercialization and market entry strategies for the intellectual property that it has acquired in regards to multiple green and environmental technology applications such as fluid heating, electricity generation and water treatment/purification.
The Company will focus its activities on development and commercialization of two primary technologies. The first technology is a method for the design of equipment used in the heating of a variety of fluids such as oil, water (to steam). The second technology is a method for the combined mechanical heating and transport of fluids. As of October 31, 2011, the Company had no operations. As of October 31, 2011, the Company had no revenue.
Advisors' Opinion:- [By Peter Graham]
Small cap green stocks Essential Innovations Technology Corp (OTCBB: ESIV), Building Turbines Inc (OTCMKTS: BLDW) and Kleangas Energy Technologies Inc (OTCMKTS: KGET) have all been getting some attention lately in various investment newsletters ��either because they were sinking, because of paid promotions or a combination of both. However, there aren�� many green stocks out there that have actually produced some green for investors in the form of profits. With that in mind, here is a quick reality check about all three green small cap stocks to help you decide whether any have the potential for long-term success:
Essential Innovations Technology Corp (OTCBB: ESIV) Announces New Distribution AgreementsSmall cap Essential Innovations Technology Corp aims to provide eco-friendly lifestyle enhancement solutions for the betterment of energy, water, air and health as the company holds the exclusive global manufacturing, distribution and applications rights to the ��ximius Technologies - Extraordinary solutions for an ever-changing World.' On Friday, Essential Innovations Technology Corp sank 22.79% to $0.0525 for a market cap of $909,953 plus ESIV is up 4,275% over the past year and up 50% over the past five years according to Google Finance.
Best Integrated Utility Stocks To Own Right Now: Forward Industries Inc.(FORD)
Forward Industries, Inc., together with its subsidiaries, designs, markets, and distributes carry and protective solutions. The company offers soft-sided carrying cases, bags, clips, hand straps, protective plates, and skins, as well as other accessories for hand held electronic devices, including medical monitoring and diagnostic kits, bar code scanners, GPS and location devices, and cellular telephones. It also designs, markets, and distributes carry and protective solutions for other consumer products, such as laptop computers, MP3 players, firearms, sporting, recreational, and aeronautical products. The company provides its products for used by consumers in protecting, and carrying or transporting portable electronic and other products. Forward Industries, Inc. sells its products to original equipment manufacturers and contract manufacturers in the Asia Pacific, the Americas, and Europe. Forward Industries was founded in 1954 and is based in Santa Monica, California. Advisors' Opinion:
- [By John Emerson]
I will conclude Part one of Reflections from 20 Years of Investing (2001- 2008) with the discussion of three more sizable winners: Forward Industries (FORD), Lake Gaming (LACO) and Fairchild (FA).
- [By Chris Woodyard]
Visitors can see the new Mustang convertible on the observation deck for 54 hours from 8 a.m. to 2 a.m. on April 16 and 17, which just happens to coincide with the New York Auto Show.
The original 1965 Ford Mustang convertible in Wimbledon White -- the early version known to many as the 1964 1/2. Mustang went on sale on April 17, 1964 and sold more than 418,000 in the first 12 months. (Photo: Ford)View Fullscreen The sixth-generation, redesigned 2015 Mustang. (Photo: Ford)View Fullscreen The 1963 Ford Special Falcon: A prototype of the upcoming Mustang on the Falcon chassis before the name was final. At this time it was referred to as the ��pecial Falcon��and had Cougar badges, one of names under consideration. (Photo: Ford)View Fullscreen Company head Henry Ford II with the 1964 1/2 Mustang Ford at the car's unveiling at the New York World's Fair in Flushing Meadows, N.Y. on April 17, 1964. (Photo: Ford)View Fullscreen The 1965 Ford Mustang hardtop on display in the Ford Pavilion at the 1964 New York World's Fair where the car was introduced April 17, 1964. (Photo: Ford)View Fullscreen 1964 Ford Mustang ad from the New York World's Fair. (Photo: Ford)View Fullscreen Ad photo for the 1965-model Mustang: By June 1964, Mustang has three body styles -- fastback, hardtop and convertible -- with four engine options. (Photo: Ford)View Fullscreen A 2010 photo of Gail Wise, the first known retail buyer of a Mustang, with her 1965 convertible bought in Chicago. She still owns it and it has been restored. (Photo: Ford)View Fullscreen Another view of the 1965 Ford Mustang convertible (Photo: Ford)View Fullscreen 1965 Ford Mustang Shelby GT350: Carroll Shelby helped establish Mustang�� performance credentials by developing the 1965 Mustang Shelby GT350.
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