The increasing competition among wireless carriers to acquire new subscribers and retain existing ones resulted in a tug of war and could impact their margins.
The latest move by T-Mobile US Inc (NYSE:TMUS) should worry bigger carriers ��AT&T, Inc. (NYSE:T) and Verizon Communications Inc. (NYSE:VZ).
In an aggressive move to woo new customers, T-Mobile US, the country's No. 4 carrier, offers to cover the termination fees for individuals as well as up to five lines per family for consumers who leave their carrier. Customers can get up to $650 in credit after trading in their phone.
[Related -Apple Inc. (NASDAQ:AAPL): China Mobile On Board, But Challenges Remain]
If it works well, then this would remove the biggest obstacle that had stood in the way of switching to T-Mobile as a recent Nielsen research suggests up to 40 percent of families hold back from switching because of high early termination fees (ETFs).
Top 5 Building Product Companies To Invest In Right Now: Concho Resources Inc. (CXO)
Concho Resources Inc., an independent oil and natural gas company, engages in the acquisition, development, and exploration of producing oil and natural gas properties in the United States. Its operations are focused in the Permian Basin of Southeast New Mexico and West Texas. The company also has acreage positions in the Bakken/Three Forks play in North Dakota. As of December 31, 2010, Concho Resources had estimated proved reserves of 323.5 million barrel of oil equivalent. The company is headquartered in Midland, Texas.
Advisors' Opinion:- [By Russ Krull]
Concho Resources (NYSE: CXO ) reopened an issue from last August and sold $850 million of 10-year, 5.5% paper. Concho got a better deal on this round, selling the paper at 103.75% of par, compared with even par last August. About $320 million of the new money is funding a tender offer for some higher-rate 2017 paper. The rest of the money goes toward paying down a credit facility and for general corporate purposes.
Top 10 Gas Utility Companies To Own For 2014: Concur Technologies Inc.(CNQR)
Concur Technologies, Inc. provides integrated travel and expense management solutions for companies of various industries, sizes, and geographies. It offers the Concur Connect platform, a cloud computing software solution primarily on a subscription basis, which enables customers, partners, suppliers, and third-party developers to connect. The company provides various solutions to streamline the travel procurement, itinerary management, expense management, and invoice management processes. Its solutions include online travel procurement solutions, which automate corporate travel booking and processing; itinerary management solutions that enable individual business travelers and their organizations to manage and share travel itinerary information; and automated expense management solutions, which simplify the expense reporting process. The company also offers other value-added and extended services that leverage its integrated cloud offerings, including expense reimbursemen t; expense report auditing services to streamline the process of managing and substantiating expense receipts; business intelligence that enable customers to use captured data to analyze trends, influence budget decisions, improve forecasting, and monitor for fraudulent activity; and invoice management solutions to automate, simplify, and reduce the costs associated with the process of entering, approving, and managing the payment of vendor invoices. In addition, it provides consulting; and various extended services, such as site administration, audit and compliance services, advanced analytics, and customized integration in connection with its integrated travel and expense management solutions. Concur markets and sells its solutions worldwide through direct sales organizations; and indirect distribution channels, such as strategic resellers and referral partners, as well as through its Website. The company was founded in 1993 and is headquartered in Redmond, Washington.
Advisors' Opinion:- [By Lee Jackson]
The Lazard trading desk said that active traders may want to look at software stocks that still had unusually high short interest. Those included Concur Technologies (NASDAQ: CNQR), Tangoe Inc. (NASDAQ: TNGO), Jive Software (NASDAQ: JIVE), Marketo Inc. (NASDAQ: MKTO), VeriSign Inc. (NASDAQ: VRSN) and VMware Inc. (NYSE: VMW). Stocks with high short interest can explode to the upside if the company gets back on track and short sellers are forced to cover.
- [By Luke Jacobi]
Shares of Concur Technologies (NASDAQ: CNQR) got a boost, shooting up 8.6 percent to $109.60 following a Bloomberg TV report that the company may be exploring a possible sale.
- [By Matt Jarzemsky]
Salesforce is up 33% year-to-date. Workday Inc.(WDAY) has rallied 38% and expense-accounting software provider Concur Technologies(CNQR) is up 44%, to name a few.
Top 10 Gas Utility Companies To Own For 2014: Swift Transportation Company(SWFT)
Swift Transportation Company, through its subsidiary, Swift Transportation Co., LLC, operates as a multi-faceted transportation services company and truckload carrier in North America. The company offers its truckload services through dry van, temperature-controlled, flatbed, and specialized trailers; and rail intermodal services. It also provides freight brokerage and logistics management services to other trucking companies, as well as leases tractors and offers repair services. As of December 31, 2011, the company operated a tractor fleet of approximately 15,900 units, including 11,900 tractors driven by company drivers and 4,000 owner-operator tractors; 50,600 trailers; and 6,200 intermodal containers in the United States and Mexico. It serves various industries, such as retail, discount retail, consumer products, food and beverage, manufacturing, and transportation and logistics industries. The company, formerly known Swift Holdings Corp., and was founded in 1966 and is headquartered in Phoenix, Arizona.
Advisors' Opinion:- [By Seth Jayson]
Swift Transportation (NYSE: SWFT ) reported earnings on July 24. Here are the numbers you need to know.
The 10-second takeaway
For the quarter ended June 30 (Q2), Swift Transportation met expectations on revenues and beat expectations on earnings per share. - [By Ben Levisohn]
Shares of Heartland Express have gained 50% this year, trumping the 38% rise in Con-Way (CNW) and the 29% advance in J.B. Hunt Transport Services (JBHT) but lagging Old Dominion Freight Lines (ODFL) and Swift Transportation (SWFT).
- [By Seth Jayson]
Swift Transportation (NYSE: SWFT ) reported earnings on April 22. Here are the numbers you need to know.
The 10-second takeaway
For the quarter ended March 31 (Q1), Swift Transportation met expectations on revenues and beat expectations on earnings per share.
Top 10 Gas Utility Companies To Own For 2014: Gramercy Property Trust Inc (GPT)
Gramercy Property Trust Inc., formerly Gramercy Capital Corp., incorporated on April 1, 2004, is an integrated, self-managed real estate investment and asset management company. The Company�� principal business is to acquire and manage industrial and office properties, net leased to tenants in major markets throughout the United States. The Company owns, directly or in joint venture, a portfolio of 112 buildings totaling approximately 4.2 million square feet of office and 1.5 million square feet of industrial, net leased on a long-term basis to tenants, including Bank of America, Nestle Waters, Philips Electronics and others. In September 2013, it closed on five new acquisitions. In October 2013, it acquired an approximately 220,000 square foot food-grade cold storage and distribution facility located in Yuma, Arizona. In October 2013, the Company acquired approximately 120,350 square foot industrial facility in Austin, Texas. In November 2013, the Company announced the acquisition of six new properties.
In June 2013, the Company announced that it has closed on the acquisition of a build-to-suit of an approximately 120,0000 square foot industrial facility located in Hialeah, Gardens, Florida in the Miami Metropolitan Statistical Area. In July 2013, Gramercy Property Trust Inc closed on four acquisitions; a wholesale automotive auction facility in Dallas, Texas, an industrial cold storage facility in Southern New Jersey and two cross-dock truck terminals located in Houston, Texas and Orlando, Florida.
The Company's property management business, operating under the name Gramercy Asset Management, manages for third-parties commercial properties leased primarily to regulated financial institutions and affiliated users throughout the United States. The Company is actively acquiring industrial and office assets leased to companies in a variety of industries. The Company will primarily acquire long-term leased assets, but will acquire shorter leases with risk adjusted returns.
Advisors' Opinion:- [By Jeff Reeves]
Next Page
Best Stocks to Buy for Around $5: Gramercy Property Trust (GPT)Gramercy Property Trust (GPT) is a real estate investment trust that manages mainly industrial and office properties across the U.S. As of last year, GPT controlled more than 110 buildings with about 4.2 million square feet of office space and 1.5 million square feet of industrial space.
- [By Chris DeMuth Jr.]
This article is intended to update our readers on the progress on Gramercy Property Trust (GPT) through 2Q 2013. For background you may want to go back and read our previous articles. In this particular article, I will focus on 4 particular points:
Top 10 Gas Utility Companies To Own For 2014: Gastar Exploration Ltd (GST)
Gastar Exploration Ltd (Gastar) is an independent energy company engaged in the exploration, development and production of natural gas and oil in the United States. The Company�� principal business activities include the identification, acquisition, and subsequent exploration and development of natural gas and oil properties with an emphasis on unconventional reserves, such as shale resource plays. As of December 31, 2011, it is pursuing the development of liquids-rich natural gas in the Marcellus Shale in the Appalachia area of West Virginia and, to a lesser extent, central and southwestern Pennsylvania. The Company also holds prospective acreage in the deep Bossier play in the Hilltop area of East Texas and conduct limited coal bed methane (CBM) development activities within the Powder River Basin of Wyoming and Montana. The Company is a holding company. Advisors' Opinion:- [By Josh Young]
The parallel to Goodrich in the transaction is Gastar Exploration (GST), which has approximately 100,000 net acres in the Hunton (excluding additional exposure from the WEHLU deal). Gastar, similar to Goodrich prior to the Sanchez TMS deal, seems to trade at a discount to a $2,000 per acre implied value for its unconventional oil acreage. In fact, Gastar's CEO recently said he thought the current liquidation value of Gastar's Marcellus assets would be $4-7 per share, net of debt, versus the current $4.25 share price.
Top 10 Gas Utility Companies To Own For 2014: PetMed Express Inc.(PETS)
PetMed Express, Inc., doing business as 1-800-PetMeds, operates a pet pharmacy in the United States. It markets non-prescription and prescription pet medications; and other health products for dogs and cats, as well as direct to consumers. The company?s non-prescription medications include flea and tick control products, bone and joint care products, vitamins and nutritional supplements, and hygiene products. Its prescription medications comprise heartworm preventatives; arthritis, thyroid, diabetes, and pain medications; antibiotics and other specialty medications; and generic substitutes. In addition, the company, through its Web site, 1800petmeds.com, sells beds, crates, stairs, strollers, and other pet supplies. PetMed Express offers its products under the Frontline Plus, K9 Advantix, Advantage, Heartgard Plus, Sentinel, Interceptor, Program, Revolution, Deramaxx, and Rimadyl brands. The company markets its products through national television, online, and direct mail /print advertising campaigns, as well as through telephone, catalogs, brochures, and postcards. It primarily serves retail customers. PetMed Express was founded in 1996 and is headquartered in Pompano Beach, Florida.
Advisors' Opinion:- [By Ben Levisohn]
On the downside, Halliburton (HAL) fell 3.5% to $50.66 after beating earnings but underperforming competitors, while Regeneron Pharmaceuticals (REGN) fell 2.4% to $294.89 after it reported positive trial data on Eylea and that it will file an application with the FDA in a few months. And our big loser of the day: PetMed Express (PETS), which plunged 9.8% to $15.21, the biggest drop in the S&P 1500. It reported a profit of 21 cents a share, missing forecasts for a profit of 22 cents.
- [By Anna Prior]
PetMed Express Inc.(PETS) said its fiscal fourth-quarter earnings edged down 1.7% at the retail pet-pharmacy as severe winter weather dented sales.
Top 10 Gas Utility Companies To Own For 2014: Kinder Morgan Energy Partners L.P. (KMP)
Kinder Morgan Energy Partners, L.P. operates as a pipeline transportation and energy storage company in North America. Its Products Pipelines segment delivers gasoline, diesel fuel, jet fuel, and natural gas liquids to various markets through approximately 8,600 miles of refined petroleum products pipelines; and operates 62 associated product terminals and petroleum pipeline transmix processing facilities. The company�s Natural Gas Pipelines segment gathers, transports, stores, treats, processes, and sells natural gas through approximately 33,000 miles of natural gas transmission pipelines and gathering lines, as well as natural gas storage, treating, and processing facilities. Its CO2 segment produces, markets, and transports carbon dioxide through approximately 1,500 miles of pipelines to oil fields. This segment also owns and operates 7 oil fields, and a 450 mile crude oil pipeline system in west Texas. The company�s Terminals segment transloads, stores, and delivers bulk, petroleum, petrochemical, and other liquids products through approximately 113 liquids and bulk terminal facilities; and approximately 35 rail transloading and materials handling facilities. Its Kinder Morgan Canada segment transports crude oil and refined petroleum products through approximately 2,500 miles of pipelines from Alberta, Canada to marketing terminals and refineries in British Columbia, the state of Washington, and the Rocky Mountains, as well as in the central regions of the United States. This segment also operates the Jet Fuel aviation turbine fuel pipeline that serves the Vancouver (Canada) International Airport. Kinder Morgan G.P., Inc. serves as the general partner of the company. Kinder Morgan Energy Partners, L.P. was founded in 1992 and is headquartered in Houston, Texas.
Advisors' Opinion:- [By Aaron Levitt]
Pipelines and midstream energy firms are supposed to be boring investments. And historically, energy logistics giant Kinder Morgan (KMI) has fit into that camp. That is, until analysts at Hedgeye Risk Management began to question the company�� — and its subsidiaries Kinder Morgan Energy Partners’ (KMP) and El Paso Pipeline Partners’ (EPB) — cash flows, CAPEX spending and incentive distribution rights (IDRs).
- [By Editor , Dividend Growth Investor]
Kinder Morgan Partners (KMP)��has regularly raised�distributions�for 18 years in a row. The partnership has managed�to increase dividends by 7.40% per year over the past decade.Yield: 6.80% (analysis)
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