Hong Wu/Michael Kors/Getty Images Here's something that you don't see every day. On Monday, Michael Kors (KORS) posted strong quarterly results with sales and earnings soaring 43 percent and 50 percent, respectively. The stock plunged 6 percent on the news. A day later, rival handbag maker Coach (COH) saw its sales and adjusted earnings decline 7 percent and 35 percent, respectively. The stock opened higher. Wall Street doesn't usually punish growth and reward failure, but it's all relative here. Kors may have blasted through Wall Street's top- and bottom-line targets, but analysts were disappointed in the guidance for the current quarter that Kors provided, suggesting margin contraction and that earnings will fall short of expectations. Coach's quarter was a stinker on the surface, but the market was braced for even more pain. Wall Street pros were forecasting adjusted earnings per share to plunge 40 percent on a double-digit percentage drop in sales. It also didn't hurt that Coach had an upbeat demeanor as it talked up its overseas growth, success with its expanding products for men, and the buzz generated by its new creative director that was brought on board late last year to reinvigorate the brand. It's Never Entirely In the Bag The market this week is suggesting that Coach is bouncing back and that Kors is reeling, but the numbers tell an entirely different story.
The market's concerned that Kors is following Coach's footsteps down a spiral staircase leading to a clearance rack.
Hot Tech Companies To Invest In 2015: Transmontaigne Partners L.P. (TLP)
TransMontaigne Partners L.P. operates as a terminaling and transportation company. It provides integrated terminaling, storage, transportation, and related services for customers engaged in the distribution and marketing of light refined petroleum products, heavy refined petroleum products, crude oil, chemicals, fertilizers, and other liquid products. The company operates along the Gulf Coast, in the Midwest, in Brownsville, Texas, along the Mississippi and Ohio Rivers, and in the southeastern United States. As of December 31, 2010, it operated 7 refined product terminals in Florida with an aggregate storage capacity of approximately 7.1 million barrels; a 67-mile interstate refined products pipeline between Missouri and Arkansas and 3 refined product terminals with approximately 0.6 million barrels of aggregate active storage capacity; 2 refined product terminals located in Mt. Vernon, Missouri, as well as Rogers, Arkansas with an aggregate active storage capacity of appr oximately 407,000 barrels; and 1 refined product terminal in Oklahoma City, Oklahoma with an aggregate active storage capacity of approximately 158,000 barrels. The company also operated 1 refined product terminal in Brownsville, Texas with an aggregate active storage capacity of approximately 2.2 million barrels; 1 refined product terminal located in Matamoros, Mexico with an aggregate active LPG storage capacity of approximately 7,000 barrels; a pipeline from Brownsville facilities to its terminal in Matamoros, Mexico; 12 refined product terminals along the Mississippi and Ohio rivers with an aggregate active storage capacity of approximately 2.5 million barrels, as well as a dock facility; and 22 refined product terminals along the Colonial and Plantation pipelines with an aggregate active storage capacity of approximately 9.3 million barrels. TransMontaigne GP L.L.C. serves as the general partner of the company. TransMontaigne Partners L.P. was founded in 2005 and is bas ed in Denver, Colorado.
Advisors' Opinion:- [By Eric Volkman]
TransMontaigne Partners (NYSE: TLP ) is drilling into the market to raise in the neighborhood of $60 million. The company has floated 1.45 million of its common units in an underwritten public offering priced at $43.32 per unit. The company's underwriters have also been granted a 30-day purchase option for up to an additional 217,500 units.
- [By Anna Prior]
NGL Energy Partners LP(NGL), which bought oil-storage company TransMontaigne Inc. from Morgan Stanley (MS) (MS) last week, said it is offering to buy the outstanding units of TransMontaigne Partners LP(TLP) (TLP) in a one-for-one exchange of common units.
- [By Jayson Derrick]
NGL Energy Partners (NYSE: NGL) and Transmontaigne Partners (NYSE: TLP) said that they have ended discussions over NGL Energy's non-binding proposal to acquire the outstanding units of Transmontaigne. Shares of NGL Energy lost 0.57 percent, closing at $42.21 while shares of Transmontaigne gained 0.54 percent, closing at $43.03.
Top 5 Sliver Stocks To Own For 2014: Track Data Corp (TRAC)
Track Data Corporation is a financial services company that provides real-time financial market data, fundamental research, charting and analytical services to institutional and individual investors through telecommunication lines and the Internet. The Company also disseminates news and third-party database information from approximately 100 sources worldwide. The Company operates in three segments: professional market, which provides market data services and trading, including electronic communications network (ECN) services, to the institutional professional investment community; non-professional market, which includes Internet-based online trading and market data services to the non-professional individual investor community, and arbitrage trading. Its wholly owned subsidiary, Track Data Securities Corp. (TDSC) is a registered securities broker-dealer. Track Data provides an integrated Internet-based online trading and market data system, proTrack, for the professional institutional traders, and myTrack and myTrack Edge, for the individual trader. It operates Track ECN, an ECN that enables traders to display and match limit orders for stocks.
Professional Market
MarkeTrack provides domestic and international market information, updating quotelines, options and futures displays, real-time spreadsheets, tick-by-tick updating graphics, news services and third-party databases, user-defined screen layouts, access to back-office order and execution services. The solution allows users to calculate theoretical values of options and determine the most beneficial investment strategy through calculating returns on alternative investments, including options and futures. MarkeTrack serves approximately 700 customers in trading and institutional investment management positions. Customers include floor traders, block traders, market makers, over the counter (OTC) traders, options specialists, head traders, arbitrageurs and hedge fund managers.
The Company offers proTrack ! as a direct access trading system for the professional market. Among the trading features offered by proTrack are point and click equities and options trading, direct access to market makers and ECNs, hot keys, smart order routing, reserve book, quick modification of existing orders, multiple order types and a variety of market data and news. proTrack offers trading through TDSC and clearing through Penson Financial Services, Inc. It is also available for use by other broker dealers under a service bureau arrangement.
TDSC operates an ECN that enables traders to display and match limit orders for stocks. The ECN allows trading of National Association of Securities Dealers Automated Quotation (Nasdaq) Global Market, Nasdaq Capital Market, New York Stock Exchange (NYSE) and American Stock Exchange (AMEX) listed securities, and exchange-listed securities on its platform. Track ECN displays orders on the National Stock Exchange (NSX). Track Data Corporation's NewsWatch service includes a consolidated news ticker, including database with text indexing and access to a variety of third-party databases.
The Company competes with Bloomberg Financial, Thomson/Reuters Group, Goldman Sachs, Lehman Brothers, Inc., Lava, Inc., Acquire Media, NYSE, Nasdaq, DirectEdge and BATS.
Non-Professional Market
Track Data offers Internet-based online trading and market data services through its myTrack and myTrack Edge products. myTrack and myTrack Edge offer trading of United States-based stocks, options and mutual funds, as well as stock index-based futures. For those traders who are the most active and engage in day trading, the myTrack Pro contains multi windows-based features and enhancements that are designed to satisfy the needs of the trader community. myTrack Edge provides access to information on stocks, options, indices, and news, including bid and ask prices, charts, research and other information for any listed or Nasdaq-traded stock and numerous over-the-counte! r bulleti! n board (OTC-BB) stocks, as well as the ability to establish and track securities, cash, margin and buying power positions on a real-time basis. Real-time quotes, news, charting and technical analysis are available in various pay packages. Volume trading can result in rebates equivalent to the service plan charges.
The Company also offers AIQ Systems and Dial/Data Service. AIQ Systems develops and markets artificial intelligence (AI) based stock market analysis and charting software for personal computers. By simulating the reasoning of top market technicians, AIQ's Expert Systems delivers trading signals and market insight, as well as advanced technical charting and screening capabilities. Dial/Data is an Internet-based service that provides historical and end-of-day pricing data for United States, Canadian and European exchange-traded equities and related instruments, futures, equity options, futures options, mutual funds, bonds, government issues, money markets and indexes.
The Company competes with E*Trade Group, Inc., Trade Station Group, Inc., Charles Schwab & Co., Inc., Options Express, TD Ameritrade, Inc., e-Signal, DTN, AT Financial, Data Corp., The Dow Jones Retrieval Service, Compuserve, Telescan, Commodity Systems, Inc., Equis International, Windows on Wall Street and Omega.
Arbitrage Trading
The Company engages in arbitrage trading activity. Its trading strategy consists principally of establishing hedged positions consisting of stocks and options. The Company also engages in options trading. The Company's trading strategy consists of selling short deep out-of-the-money calls and puts.
Advisors' Opinion:- [By Bill Smith]
FDS operates in a highly competitive industry, some with more resources. Their competitors include:
Thomson Reuters Corp. (TRI)BloombergInteractive (IDC)MSCI Inc. (MXB)Morningstar Inc. (MORN)Track Data Corp. (TRAC)Edgar Online (EDGR)McGraw-Hill (MHP )
Top 5 Sliver Stocks To Own For 2014: TRI Pointe Homes Inc (TPH)
Tri Pointe Homes, Inc., formerly TRI Pointe Homes, LLC, incorporated on August 5, 2010, is engaged in the design, construction and sale of single-family homes in planned communities in metropolitan areas located throughout Southern and Northern California. During the year ended December 31, 2012, the Company�� operations consist of 13 communities, eight of which are actively selling, containing 695 lots under various stages of development in Southern and Northern California. In June 2013, TRI Pointe Homes Inc announced that the acquisition of 202 lots in two California locations- Irvine (Orange County) and Vacaville (Solano County).
The Company�� business focused primarily on fee building projects in Southern California, in which it built, marketed and sold homes for independent third-party property owners, marketed under the TRI Pointe Homes brand name. During the year ended December 31, 2012, the Company has sold over 350 homes (including fee building projects).
Advisors' Opinion:- [By Travis Hoium]
What: Shares of TRI Pointe Homes (NYSE: TPH ) jumped as much as 15.7% today after announcing the acquisition of Weyerhaeuser's (NYSE: WY ) residential real estate unit.
- [By Paul Ausick]
Tri Pointe Homes Inc. (NYSE: TPH) has a market cap of $564.3 million and the stock is down about 5% over the past 12 months. Shares have traded in a 52-week range of $13.43 to $21.25 and closed Friday at $17.51. The consensus price target is $19.60, yielding an implied gain of 12%. Tri Pointe has beaten EPS estimates in each of the past four quarters, and the shares were trading nearly 2% higher early Monday morning. Tri Pointe is expected to post EPS of $0.25 on revenues of $100.04 million when it reports results in late March.
- [By James Fink]
One small-cap name in the housing sector is TRI Pointe Homes. That's a New York Stock Exchange stock, ticker symbol (TPH). It's controlled by Barry Sternlicht, who's a very wildly successful real estate entrepreneur.
Top 5 Sliver Stocks To Own For 2014: Scorpio Tankers Inc.(STNG)
Scorpio Tankers Inc. provides marine transportation of crude oil and refined petroleum products worldwide. As of April 26, 2011, it owned one LR2 tanker, four LR1 tankers, four Handymax tankers, and one post-Panamax tanker, as well as chartered one LR1 and four Handymax product tankers. The company was founded in 2009 and is based in Monaco, Monaco.
Advisors' Opinion:- [By Seth Jayson]
Scorpio Tankers (NYSE: STNG ) reported earnings on July 29. Here are the numbers you need to know.
The 10-second takeaway
For the quarter ended June 30 (Q2), Scorpio Tankers missed estimates on revenues and missed estimates on earnings per share. - [By Seth Jayson]
Scorpio Tankers (NYSE: STNG ) reported earnings on April 29. Here are the numbers you need to know.
The 10-second takeaway
For the quarter ended March 31 (Q1), Scorpio Tankers missed estimates on revenues and beat expectations on earnings per share.
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