LONDON -- Shares in�Vodafone� (LSE: VOD ) (NASDAQ: VOD ) jumped up to over 195 pence in early trade, after yesterday's positive trading update from�Verizon Communications� (NYSE: VZ ) supplemented the U.K.-based telecoms company's recent price.�
Management at Verizon played down the significance of Vodafone incurring a huge capital gains tax bill from the potential sale of its 45% interest in joint-venture Verizon Wireless, with chief financial officer Francis Shammo commenting:�"We are extremely confident that such a transaction could be accomplished in a manner that is very tax efficient and would not result in a tax on the gain in that stake."
The statement came�after Verizon revealed in an interim management statement that profits in its wireless business were higher-than-expected during the first quarter, a 16% increase year on year aided by lower costs and continued growth, as�Verizon Wireless added 677,000 retail subscribers in the first quarter against previous expectations of approximately 634,000.
10 Best Low Price Stocks To Own For 2015: Hickory Tech Corporation (HTCO)
Hickory Tech Corporation provides integrated communications services to business and residential customers in the Midwest. The company operates in two segments, Business Sector and Telecom Sector. The Business Sector segment offers integrated data services, such as fiber, data and Internet, voice and voice over Internet protocol, managed and hosted, data center, equipment, and total care support services. This segment also distributes telecommunications and data processing equipment, as well as provides network and equipment monitoring, maintenance, and equipment consulting services; and offers fiber-based transport for regional and national telecommunications carriers, wireless carriers, and other providers. It serves businesses primarily in the upper Midwest. The Telecom Sector segment offers network access services; and broadband services, such as residential and business DSL access, high-speed Internet, digital TV, and business Ethernet services. It also provides local telephone, long distance, and calling features services; and directory assistance, operator service, and long distance private lines. In addition, this segment offers directory publishing, customer premise equipment sales, bill processing, and add/move/change services. It owns and operates approximately 900 mile fiber optic network and facilities in Minnesota. Hickory Tech Corporation was founded in 1898 and is headquartered in Mankato, Minnesota.
Advisors' Opinion:- [By Marc Bastow]
Hickory Tech (HTCO), a communications provider in several Midwest states, announced a 3% dividend increase to 15 cents per share, payable Dec. 5 to shareholders of record as of Nov. 15.
HTCO Dividend Yield: 5.5%
Hot Healthcare Equipment Companies For 2014: Enphase Energy Inc (ENPH)
Enphase Energy, Inc. (Enphase), incorporated in March 20, 2006, designs, develops and sells microinverter systems for the solar photovoltaic industry. The Company sells its microinverter systems primarily to distributors who resell them to solar installers. It also sells directly to installers, as well as through original equipment manufacturers (OEMs). The Company�� microinverter system consists of three components: Enphase microinverter, Envoy communications gateway and Enlighten Web-based software.
Enphase Microinverter
The Company�� Enphase microinverter delivers power conversion at the individual solar module level by introducing a digital architecture that incorporates custom application specific integrated circuits (ASICs) power electronics devices and an embedded software subsystem. A residential solar installation consists of 5 to 50 microinverters; a small commercial solar installation consists of 50 to 500 microinverters, and medium or larger commercial solar installation consists of 500 to 10,000 microinverters, or more.
Envoy Communications Gateway
The Company�� Envoy communications gateway is installed in the system owner�� home or business and serves as a networking hub that collects data from the microinverter array and sends the information to its hosted data center. One Envoy is typically sold with each solar installation and can support up to 500 Enphase microinverters.
Enlighten Software
The Company�� Enlighten Web-based software collects and analyzes this information to enable system owners to monitor and realize the performance of their solar photovoltaics (PV) system and also provides an online portal designed for installers to enable them to track and manage all of their Enphase enabled projects and monitor and analyze the performance of their installed systems.
The Company competes with SMA Solar Technology AG, Fronius International GmbH, Power-One, Inc., SunPower Corp.
Advisors' Opinion:- [By Seth Jayson]
There's no foolproof way to know the future for Enphase Energy (Nasdaq: ENPH ) or any other company. However, certain clues may help you see potential stumbles before they happen -- and before your stock craters as a result.
- [By Zacks]
Other stocks from the sector worth considering are Enphase Energy, Inc. (NASDAQ: ENPH), First Solar, Inc. (NASDAQ: FSLR) and Trina Solar Limited (NYSE: TSL). All these stocks currently carry a Zacks Rank #2 (Buy).
- [By Lisa Levin]
Enphase Energy (NASDAQ: ENPH) shares moved up 21.73% to $11.81. The volume of Enphase Energy shares traded was 749% higher than normal. Enphase Energy reported a Q2 loss of $0.01 per share.
Hot Healthcare Equipment Companies For 2014: MagnaChip Semiconductor Corporation (MX)
MagnaChip Semiconductor Corporation designs and manufactures analog and mixed-signal semiconductor products for high-volume consumer applications. It operates in three segments: Display Solutions, Power Solutions, and Semiconductor Manufacturing Services. The Display Solutions segment offers source and gate drivers, and timing controllers that cover a range of flat panel displays used in liquid crystal displays (LCDs), light emitting diodes (LEDs), 3D and organic light emitting diode televisions and displays, notebooks, and mobile communications and entertainment devices. The Power Solutions segment develop, manufactures, and markets power management solutions, including metal oxide semiconductor field effect transistors, power modules, analog switches, LED drivers, DC-DC converters, voice coil motor drivers, and linear regulators. This segment offers its products for a range of devices, including LCD, LED, 3D televisions, smartphones, mobile phones, desktop PCs, notebooks , tablet PCs, and other consumer electronics, as well as for industrial applications, such as power suppliers, LED lighting, and home appliances. The Semiconductor Manufacturing Services segment manufactures various products comprising display drivers, LED drivers, audio encoding and decoding devices, microcontrollers, touch screen controllers, RF switches, park distance control sensors for automotives, electronic tag memories, and power management semiconductors. This segment offers semiconductor manufacturing services to fabless analog and mixed-signal semiconductor companies. MagnaChip Semiconductor Corporation provides its products and services to consumer electronics OEMs, subsystem designers, and contract manufacturers through a direct sales force, as well as through a network of authorized agents and distributors in the United States, Korea, Taiwan, China, Japan, Hong Kong, and Macau. The company is headquartered in Seoul, South Korea.
Advisors' Opinion:- [By Wallace Witkowski]
Shares of MagnaChip Semiconductor Corp. (MX) �fell 13% to $12.50 on moderate volume after the company said it incorrectly stated revenue and has to restate its financial statements going back to 2011. Also, the company withdrew its guidance for the fourth quarter.
- [By Brian Pacampara]
Based on the aggregated intelligence of 180,000-plus investors participating in Motley Fool CAPS, the Fool's free investing community, consumer gadget chip maker MagnaChip Semiconductor (NYSE: MX ) has earned a coveted five-star ranking.
Hot Healthcare Equipment Companies For 2014: Gold Fields Ltd (GFI)
Gold Fields Limited (Gold Fields) is a holding company. Gold Fields is engaged in gold mining and related activities, including exploration, extraction, processing and smelting. Gold Fields is a producer of gold and holder of gold reserves in South Africa, Ghana, Australia and Peru. In Peru, Gold Fields also produces copper. Gold Fields is primarily involved in underground and surface gold and copper mining and related activities. Gold Fields also has an interest in a platinum group metal exploration project in Finland. Gold bullion is its principal product, which is produced in South Africa, Ghana and Australia and sold in South Africa and internationally. In addition, Gold Fields has gold and other precious metal exploration activities and interests in Africa, Eurasia, Australasia and the Americas. The Company holds 34.9% interest in Rand Refinery Limited.
On June 22, 2011, Gold Fields acquired the 18.9% interest of IAMGold Corporation (IAMGold), which increased Gold Fields��interest in each of the Tarkwa and Damang gold mines from 71.1% to 90.0%. On April 15, 2011, it acquired further interest in Gold Fields La Cima S.A.A. (La Cima). During the year ended December 31, 2011, the Company acquired a 21.8% interest in Timpetra Resources Limited.
KDC Operation
The KDC mine is located in the Gauteng Province of South Africa in the Far West Rand mining district, some 60 kilometers southwest of Johannesburg. KDC is consists of the Driefontein and Kloof mines. In 2011, KDC produced 1.1 million ounces of gold. KDC is consists of 13 producing shaft systems that mine different contributions from pillars and open ground, five gold plants of which two process mainly underground ore and three process mainly surface material. The KDC operation is engaged in both underground and rock dump mining. In total, during 2011, there were 13 fatalities at KDC. Of these, five were due to seismic related falls of ground, five resulted from gravity related falls of ground, two related! to tramming operations and one related to a person falling from height.
Beatrix Operation
The Beatrix operation is located in the Free State Province of South Africa, some 240 kilometers southwest of Johannesburg, near Welkom and Virginia, and consists of the Beatrix mine. Beatrix operates under mining rights covering a total area of approximately 16,800 hectares. Beatrix is an underground only operation. Beatrix has four shaft systems, with five ventilation shafts to provide additional up-cast and down-cast ventilation capacity and is serviced by two metallurgical plants. It is a shallow to intermediate-depth mining operation, at depths between 700 meters and 2,200 meters below surface. In 2011, Beatrix produced 0.347 million ounces of gold. Beatrix is managed as three operational sections: the North Section, the South Section and the West Section. The Beatrix mine is engaged in underground and surface mining. It had five fatalities at Beatrix, in 2011.
South Deep Operation
South Deep is situated adjacent to KDC, in the Gauteng Province of South Africa. South Deep is a capital project and remains a developing mine. South Deep is engaged in underground mining and is consists of one metallurgical plant and two operating shaft systems, the older South Shaft complex and the newer Twin Shaft complex. The South Shaft complex includes a main shaft and three sub-vertical (SV) shafts, two of which are operational. The Twin Shaft complex consists of a single-barrel shaft and an adjacent bratticed ventilation shaft, or the Twins Main Ventilation Shaft. While the Twin Shaft complex forms the center of production and capital development activities, opening up, equipping and diamond drilling operations are being conducted in the South Shaft area in order to access new mining areas.
The South Shaft complex operates to a depth of 2,650 meters below surface and the Twin Shaft complex operates to a depth of 2,995 meters below surface. In 2011, South Deep! produced! 0.273 million ounces of gold. During 2011, the South Deep plant treated an average of 0.2 million tons per month (excluding Kloof mine toll treatment) consisted of an average of 167,000 tons per month of underground material and 31,000 tons per month of surface material from South Deep.
Ghana Operations
Gold Fields Ghana Limited (Gold Fields Ghana), which holds the interest in the Tarkwa mine. The Tarkwa mine is located in southwestern Ghana, about 300 kilometers by road west of Accra. The Tarkwa mine consists of several open pit operations on the original Tarkwa property and the adjacent southern portion of the property, together with a heap leach facility, referred to as the North Plant Heap Leach Facility. The capacity of the facility is 3.3 million tons per annum. The total treatment capacity including the North Plant, the High Pressure Grinding Roll Facility and the carbon in leach (CIL) Plant is estimated to be 24 million tons per annum. The Tarkwa mine operates under mining leases with a total area of approximately 20,800 hectares, the entirety of which are surface operations. In 2011, Tarkwa produced 0.717 million ounces of gold, of which 0.576 million ounces were attributable to Gold Fields.
Abosso Goldfields Limited (Abosso), which owns the interest in the Damang mine. The Damang deposits are located in the Wassa West District in southwestern Ghana approximately 330 kilometers by road west of Accra and approximately 30 kilometers by road northeast of the Tarkwa mine. The Damang mine consists of an open pit operation with a semi-autogenous grinding (SAG) mill and CIL processing plant. Damang operates under a mining lease with a total area of approximately 8,100 hectares. In 2011, the Damang mine produced 0.218 million ounces of gold, of which 0.175 million ounces.
Australia Operations
Gold Fields owns the St. Ives and Agnew gold mining operations in Australia. St. Ives is located 80 kilometers south of Kalgoorlie and 20 kilometer! s south o! f Kambalda, straddling Lake Lefroy in Western Australia. It holds exploration licenses, prospecting licenses and mining leases covering a total area of approximately 97,700 hectares. St. Ives is both a surface and underground operation, with a number of open pits, four operating underground mines, a metallurgical carbon in pulp (CIP) plant and a heap leach facility. In 2011, St. Ives produced 0.465 million ounces of gold. St. Ives sources production from a variety of underground and surface operations. Exploration activities are continuing with a view to extending the life of the mine.
Production at the Argo underground mine continued throughout, during 2011. Greater Revenge Complex operation utilizes open pit and lake sediment mining methods. Cutbacks of the Agamemnon and Mars Minotaur Link pits were mined, during 2011. The Belleisle deposit lies in the Greater Revenge Area adjacent to the depleted Mars open pit. The final 20,000 ounces were mined from Belleisle, in 2011 and the mine was closed, in May 2011. Cave Rocks is located approximately six kilometers to the west of the Kambalda West township. The Leviathan open pit is based on the expansion of a pre-existing open pit located approximately two kilometers southeast of the Lefroy processing plant. The mine utilizes conventional truck and shovel mining practices.
Construction at the Athena mine reached commercial levels of production, in July 2011. The first ore extraction from Hamlet occurred, in November 2011. As of December 31, 2011, Athena ahd a life of mine of four years and Hamlet had a life of seven years with prospects of extensions to those lives. Underground mining activities at Belleisle, Cave Rocks and Argo were undertaken under an agreement with Carlowen Proprietary Ltd, which trades as GBF Underground Mining (GBF). Leighton Contractors Proprietary Limited (Leighton) performs the surface mining at St. Ives under an alliance agreement. Leighton provides employees and equipment for mining ore and waste from the! open pit! mines. Agnew is located 23 kilometers west of Leinster, approximately 375 kilometers north of Kalgoorlie and 630 kilometers northwest of Perth, Western Australia.
The Company holds exploration licenses, prospecting licenses and mining leases covering a total area of approximately 54,000 hectares. Agnew operated both an underground and the Songvang open pit, in 2011. Underground mining is conducted from the Waroonga Underground Complex which consists of multiple ore zones. Agnew has one metallurgical plant. Agnew is serviced by sealed road infrastructure to the mine gate. In 2011, the operation produced 0.194 million ounces of gold. The principal production source, in 2011, at Agnew was the Waroonga underground mining complex. The northern cutback of the Songvang open pit commenced, in 2011. The Waroonga Underground Complex includes underground mining of the Kim South, Rajah and Main Lode ore bodies. The mining method involves longhole open stoping with paste filling. Waroonga underground performance averaged 52,000 tons per month, in 2011.
Peru Operation
Gold Fields owns 98.5% economic interest in the Cerro Corona mine through its shareholding in La Cima. Cerro Corona mine forms part of a porphyry copper-gold deposit situated within the Hualgayoc Mining District in northern Peru. It is located in the part of the Western Cordillera of the Andes, in northern Peru, close to the headwaters of the Atlantic continental basin. Cerro Corona is located approximately 80 kilometers by road north of the City of Cajamarca. Cerro Corona holds mining leases covering a total area of approximately 1,600 hectares and the project was developed over an area of 940 hectares. In 2011, the operation produced 0.161 million ounces of gold and 38,641 tons of copper for a total of 0.383 million gold equivalent ounces, of which 0.159 million ounces of gold and 38,061 tons of copper for a total of 0.377 million gold equivalent ounces were attributable to Gold Fields.
Advisors' Opinion:- [By Holly LaFon] ham, who usually eschews gold stocks, bought four gold miners in the fourth quarter, the largest of which is Gold Fields Ltd. (GFI). In 2010, Grantham stated his Buffett-like position on gold in his quarterly letter, saying, ��veryone asks about gold. This is the irony: just as Jim Grant tells us (correctly) that we all have faith-based paper currencies backed by nothing, it is equally fair to say that gold is a faith-based metal. It pays no dividend, cannot be eaten, and is mostly used for nothing more useful than jewelry. I would say that anything of which 75% sits idly and expensively in bank vaults is, as a measure of value, only one step up from the Polynesian islands that attached value to certain well-known large rocks that were traded. But only one step up. I own some personally, but really more for amusement and speculation than for serious investing. It may well work and it may not. In the longer run, I believe that resources in the ground, forestry, agriculture, common stocks, and even real estate are more certain to resist any inflation or paper currency crisis than is gold.��/p>
Gold Fields is a New Zealand-based miner with 76.7 million ounces of reserves, free cash flow of $346 million in the third quarter, a net debt to EBITDA ratio of 0.42 times, with one of the highest dividend yields in the sector. It is also unhedged and offers full exposure to the price of gold.
Gold Fields is aiming to increase its international diversification. In 2008, 62% of its production came from South Africa, and by 2015 it hopes to reduce that to 40%. South American production is helping take its place, growing from 2% in 2008, and projected to reach 20% by 2015. Australian production made up 18% of its total in 2008, and is projected to grow to 20% in 2015. According to Maplecroft�� Resource Nationalism Index 2012, five of the ten highest-risk countries for mining are in Sub-Saharan Africa, and nationalism has been named as one of the top ten risks in min
- [By Daniel Putnam]
First, and most important, earnings estimates are stabilizing. In the past sixty days, 2013 estimates for the major gold miners have begun to tick up. In most cases, the increase is very modest. For instance, Goldcorp‘s (GG) EPS estimates have climbed from $0.91 to $0.95, while Barrick Gold‘s (ABX) have inched up from $2.57 to $2.64. Newmont Mining (NEM), Anglogold Ashanti (AU), and Gold Fields Ltd. (GFI) have shown similar gains. This positive rate of change marks a significant departure from the steady stream of bad news investors have had to endure in recent years.
Hot Healthcare Equipment Companies For 2014: Kaman Corporation (KAMN)
Kaman Corporation operates in the aerospace and industrial distribution markets. The company?s Industrial Distribution segment distributes products, including bearings, mechanical and electrical power transmission, fluid power, motion control, and materials handling components. The segment offers its products through approximately 200 branches, distribution centers, and call centers in the United States, including Puerto Rico, as well as in Canada and Mexico. Its Aerospace segment produces and/or markets proprietary aircraft bearings and components; and complex metallic and composite aerostructures for commercial, military, and general aviation fixed and rotary wing aircraft. This segment also provides safing and arming solutions for missile and bomb systems for the U.S. and allied militaries; support for its maritime helicopters and medium-to-heavy lift helicopters; and offers engineering design, analysis, and certification services, as well as subcontracts helicopter wor k. Kaman Corporation also operates in the United Kingdom, Germany, Australia, and New Zealand. The company was founded in 1945 and is headquartered in Bloomfield, Connecticut.
Advisors' Opinion:- [By Rich Smith]
Bloomfield, Conn.-based Kaman Corporation (NYSE: KAMN ) will have a new Chief Financial Officer soon.
On Thursday, the aircraft parts-maker announced that when current CFO William C. Denninger retires on June 30, he will quickly be succeeded (the very next day, in fact) by newly promoted Senior Vice President and CFO Robert D. Starr.
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