Tag: such-as-general

Dividend Market Wrap-Up for July 9 (V, NSC, ACE, NEM, GE, AA, YUM, more)

Filed in alcoa, Barrick Gold, dividend, Gold, Gold Investing, shares, ubs, upgrade by on July 9, 2010 0 Comments
Dividend Market Wrap-Up for July 9 (V, NSC, ACE, NEM, GE, AA, YUM, more)

We were happy to see the markets get some of its mojo back this week, but we will still be looking for better volume. . We pointed out an example in yesterday’s late day wrap-up about how the volume during sell-offs continues to be quite a bit larger than the volume on days we see the averages move substantially higher. We refuse to ignore the distribution factor and will not be swayed by market experts that pooh-pooh this trend. Today’s NYSE totaled 3.5 Billion shares, way off the 5 Billion number we have been seeing and way off the 6 Billion total during a couple of last week’s distribution days. We continue to monitor the names on our “recommended” list as well as many other names that are in our database. There are some potential names that are getting more attractive from a dividend yield standpoint that we are considering adding, but the list is very short. We will let subscribers know if the changes are made or if we need to trim more names from our narrowing list of favorites. As for today’s action, we saw Wall Street analyst upgrades help push up stocks like Visa ( V ) and Norfolk Southern ( NSC ) . Ace LTD. ( ACE ) ran up on news it will be added to the S&P 500. Commodity plays bounced up with gold stocks making a bit of a comeback after a recent pullback. Shares of Newmont Mining ( NEM ) , Barrick Gold ( ABX ) , and Agnico-Eagle Mines ( AEM ) were all higher. Looking ahead to next week, we will start to get some of the bigger names reporting results, such as General Electic ( GE ) , Alcoa ( AA ) , Yum Brands ( YUM ) just to name a few. Be sure to check out Dividend.com Premium this weekend for the latest watchlist updates as well. Be sure to visit our complete recommended list of the Best Dividend Stocks , as well as a detailed explanation of our ratings system here .

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BorgWarner Sees Robust China Growth – Analyst Blog

Filed in Gold Prices, Interest Rate Cuts, silver by on March 23, 2010 0 Comments

BorgWarner Inc. ( BWA ) expects that it will be able to sustain its 2000−2009 compound annual sales growth of 45% till at least 2014 in China . This was driven by the government’s policy aimed at promoting the automotive sector. In 2009, China’s auto sales surpassed that of U.S. by growing 45% to 13.6 million units, driven by government incentives such as sales tax and interest rate cuts as well as subsidies to trade in older cars. A faster economic recovery has also helped the world’s biggest auto market to uphold its position. Sales in the U.S. fell 21% to 10.4 million vehicles in 2009, which was a 27-year low. BorgWarner generates about 12% of its global sales in China. The company expects the ratio to go up to 15% by 2014, about half of its expected sales in Asia . Asia contributed 23% of the company’s global sales in 2009. BorgWarner has an ever-growing clientele in China in addition to its global clients such as General Motors, Ford Motor ( F ) and Volkswagen AG. Its clientele in China includes SAI C Motor Corp, FAW Group and Chery Automobile. BorgWarner reported a profit of 42 cents per share (before special items) in the fourth quarter of 2009 compared to a breakeven result in the prior-year quarter. The profit was double the Zacks Consensus Estimate of 21 cents per share and was driven by the sales growth and the lean cost structure of the company. The automotive components manufacturer anticipates sales to grow 15%–19% in 2010, while earnings are expected in the range of $1.40–$1.70 per share. A recovery in North America along with a strong growth in the Asian businesses driven by higher production levels and new program launches in China, India, Korea and Japan are expected to drive growth for the company. Read the full analyst report on “BWA” Zacks Investment Research

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Swiss stocks – Factors to watch on Oct 19

Filed in Uncategorized by on October 19, 2009 0 Comments

ZURICH, Oct 19 – Swiss shares were poised to open flat to slightly firmer on Monday after disappointing earnings from U.S. corporate bellwethers such as General Electric Co dampened bullish global stock markets.

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