When I keep reading how difficult the lending environment is for midsize private companies, it only makes sense to take a hard look at the business development companies (BDCs).
It’s been a catch 22 for the banks. They are awash in cash — but after getting shell-shocked by the recession, they aren’t willing to put that cash in the system in the form of new small-business loans, as the Fed had intended under its current policy. This conundrum drives businesses to borrow from BDCs at 10% to 15% rates with equity kickers attached to every deal, translating into fat dividends for investors, who get 90% of the income generated by these cash machine-like assets.
Hot Oil Companies To Watch In Right Now: IB Securities Joint Stock Co (VIX)
IB Securities Joint Stock Company, formerly XuanThanh Securities Joint Stock Company is a Vietnam-based company engaged in the provision of investment services. It provides securities brokerage services through multiple forms, such as VOpen, VSHM, VTrade, VPhone, VMobile and VSMS. The Company is also involved in securities trading, as well as the provision of investment advice, custody services and underwriting services. In addition, it provides financial services for corporate events, such as corporate restructurings, equitizations, stock listings, share auctions, mergers and acquisitions, equity offerings and bond offerings. Advisors' Opinion:- [By Holly LaFon]
This material is not authorized for distribution unless preceded or accompanied by a currentprospectus. Please read the prospectus carefully before investing or sending money. All indices referenced are unmanaged and capitalization weighted. The Russell Investment Group is the source and owner of the trademarks, service marks, and copyrights related to the Russell Indexes. Russell庐 is a trademark of Russell Investment Group. The Russell 2000 Index is an unmanaged, capitalization-weighted index of domestic small-cap stocks. It measures the performance of the 2,000 smallest publicly traded U.S. companies in the Russell 3000 Index. The Russell 1000 Index is an unmanaged, capitalization-weighted index of domestic large-cap stocks. It measures the performance of the 1,000 largest publicly traded U.S. companies in the Russell 3000 Index. The S&P 500 is an index of U.S. large-cap stocks selected by Standard & Poor's based on market size, liquidity, and industry grouping, among other factors. The Nasdaq Composite is an index of the more than 3,000 common equities listed on the Nasdaq stock exchange. The Russell Microcap Index includes 1,000 of the smallest securities in the small-cap Russell 2000 Index, along with the next smallest eligible securities as determined by Russell. The Russell Midcap Index measures the performance of the mid-cap segment of the U.S. equity universe. It includes approximately 800 of the smallest securities in the Russell 1000 Index. The CBOE Volatility Index (VIX) measures market expectations of near-term volatility conveyed by S&P 500 stock index option prices. The performance of an index does not represent exactly any particular investment, as you cannot invest directly in an index.
- [By Lu Wang]
The Chicago Board Options Exchange Volatility Index (VIX), the gauge of S&P 500 options prices known as the VIX, fell 3.3 percent to 12.73, the lowest since Aug. 13 after retreating for a third day. The measure has declined 29 percent this year.
- [By Howard Gold]
Meanwhile, since Labor Day, the yield on the Ten-Year Treasury Note (TNX) has dropped from nearly 3% to 2.65%. September may be a record month for investment-grade corporate bond issuance. And the CBOE Volatility Index (VIX) has barely budged.
Top 10 High Dividend Companies To Own In Right Now: Nintendo Co Ltd (NTDOY.PK)
Nintendo Co., Ltd. is a Japan-based company mainly engaged in the leisure machine business. The Company operates in two business segments. The Leisure Machine segment is engaged in the development, manufacturing and sale of portable and console game machines as well as game software. The Others segment is engaged in the manufacture and sale of poker cards and karuta (Japanese-style playing cards), the sale of Pokemon (a Japanese animation character) goods, the management of intellectual property rights and the provision of electronic registration services of home use console machines, among others.
Advisors' Opinion:- [By Sneha Shah]
6) Xbox 720 - Microsoft will announce the new version of its blockbuster Xbox game console next month. Its main competitors, Sony (SNE) and Nintendo (NTDOY.PK), have already announced their new game consoles. Xbox has been a tremendous success for Microsoft and has allowed it to gain millions of subscribers for its Xbox LIVE service.
Top 10 High Dividend Companies To Own In Right Now: Zalicus Inc.(ZLCS)
Zalicus Inc., a biopharmaceutical company, engages in the discovery and development of drug candidates focusing on the treatment of pain and inflammation. The company?s clinical and preclinical product candidates for pain and inflammatory diseases include Synavive, a glucocorticoid product candidate, which is in Phase 2b clinical development for the treatment of rheumatoid arthritis; Z160, an N-type calcium channel blocker for chronic pain; Z944, a T-type calcium channel blocker to treat acute or chronic inflammatory pain; and N-type and T-type calcium and sodium channel blockers for the treatment of chronic pain. It has a research collaboration and license agreement with the Novartis Institutes of Biomedical Research; collaboration agreement with Mallinckrodt Inc., Fovea Pharmaceuticals SA, and Amgen Inc; and a cooperative research and development agreement with the United States Army Medical Research Institute for Infectious Diseases. The company was formerly known as C ombinatoRx, Incorporated and changed its name to Zalicus Inc. in September 2010. Zalicus Inc. was founded in 2000 and is based in Cambridge, Massachusetts.
Advisors' Opinion:- [By Paul Ausick]
Stocks on the Move: ViroPharma Inc. (NASDAQ: VPHM) is up 25.4% at $49.38 on a $4.2 billion buyout offer from London-listed Shire. Zalicus Inc. (NASDAQ: ZLCS) is down 72.3% at $1.30 on a failed drug trial.
- [By Bryan Murphy]
Against my better judgment, I'm going to go ahead and chime in on Zalicus Inc. (NASDAQ:ZLCS) again today. I say it's against my better judgment, because the last two times I opined about the near-term future of ZLCS, I caught some flack (despite the fact that the two takes were diametrical opposites of one another). So, I'm sure some members of at least one of those groups is still lingering out there, ready to pounce when I suggest something that doesn't jive with their views on Zalicus. That's ok though. Opposing viewpoints are how we broaden our horizon.
- [By Roberto Pedone]
One biopharmaceutical player that's quickly moving within range of triggering a major breakout trade is Zalicus (ZLCS), which discovers and develops treatments for patients suffering from pain and immuno-inflammatory diseases. This stock has been destroyed by the bears over the last three months, with shares down by a whopping 81%.
If you take a look at the chart for Zalicus, you'll notice that this stock gapped down sharply lower during last November, with shares falling from $4.83 to under $1.50 a share with heavy downside volume. Following that gap down, shares of ZLCS have tag a new low of 88 cents per share. This stock has now started to trend sideways over the last few weeks, with shares moving between $1.05 on the downside and $1.43 on the upside. Shares of ZLCS are spiking sharply higher today and taking out some near-term overhead resistance at $1.22 a share. That move is quickly pushing this stock within range of triggering a major breakout trade.
Traders should now look for long-biased trades in ZLCS if it manages to break out above some near-term overhead resistance levels at $1.22 to $1.43 a share, and then once it clears its gap down day high of $1.45 a share with high volume. Look for a sustained move or close above those levels with volume that hits near or above its three-month average volume of 1.70 million shares. If that breakout hits soon, then ZLCS will set up to re-fill some of its previous gap down zone from last November that started at $4.83 a share. This stock could easily hit $2 to $2.50 a share if it gets into that gap with volume.
Traders can look to buy ZLCS off any weakness to anticipate that breakout and simply use a stop that sits right around some key near-term support at $1.05 a share. One can also buy ZLCS off strength once it starts to take out those breakout levels with volume and then simply use a stop that sits a comfortable percentage from your entry point.
Top 10 High Dividend Companies To Own In Right Now: Callon Petroleum Co (CPE)
Callon Petroleum Company (Callon), incorporated on March 29, 1994, is an independent oil and natural gas company. It is focused on growing production and reserves from its oil-weighted multi-play assets in the Permian Basin. In 2013, the Company shifted its operations from the offshore waters in the Gulf of Mexico to the onshore, Permian Basin region in Texas.
The Company operates 100% of its Permian acreage. As of December 31, 2013, the Company�� proved reserves were 14.9 million barrels of oil equivalent (80% oil and 50% proved developed).
Advisors' Opinion:- [By Garrett Cook]
In trading on Friday, energy shares were relative laggards, down on the day by about 0.40 percent. Top losers in the sector included Callon Petroleum Company (NYSE: CPE), down 5.67 percent, and Tesco (NASDAQ: TESO), off 3.99 percent.
Top 10 High Dividend Companies To Own In Right Now: GASFRAC Energy Services Inc (GFS)
GASFRAC Energy Services Inc. (GASFRAC) is an oil and gas service company, whose business is to provide liquid petroleum gas (LPG) fracturing services to oil and gas companies in Canada and the United States of America. As of December 31, 2011, GASFRAC had three 32 tons and nine 100 tons sand storage vessels, 47 fracturing pumpers, 150 LPG storage tanks and related equipment. GASFRAC�� services are marketed and operated under the name of its wholly owned subsidiary GASFRAC Energy Services Limited Partnership. The Company has commercialized the use of LPG as the fracturing fluid. The Company�� subsidiaries include GASFRAC Services GP Inc., GASFRAC US Holdings Inc., GASFRAC Inc., GASFRAC Energy Services (US) Inc. and GASFRAC Luxembourg S.a.r.l. Advisors' Opinion:- [By Sarah Jones]
G4S Plc (GFS) sank 15 percent to 260 pence. The security company reported a lower operating margin for the first quarter, citing challenging economic and trading conditions in continental Europe. It expects the margin trend to continue for the full year.
- [By Sofia Horta e Costa]
G4S Plc (GFS) dropped 1.7 percent to 225.6 pence. Goldman Sachs Group Inc. reiterated its ��onviction sell��recommendation on the provider of security services, citing continued pressure on its profit margin in the second quarter.
Top 10 High Dividend Companies To Own In Right Now: Mine Safety Appliances Company (MSA)
Mine Safety Appliances Company develops, manufactures, and supplies health and safety products used by workers in the fire service, homeland security, construction, and other industries, as well as the military. It offers respiratory protection products, including self contained breathing apparatus, air-purifying respirators, gas masks, and escape hoods; and portable and permanent gas detection instruments, such as single-and multi-gas hand-held detectors, multi-point permanently installed gas detection systems, flame detectors, and open-path infrared gas detectors. The company also provides thermal imaging cameras; head, eye, face, and hearing protection products, such as industrial hard hats, fire helmets, and military helmets and communication systems; and body protection products comprising fall protection equipment and ballistic body armor. In addition, it offers consumer and contractor safety products through retail channels. The company?s products are used by first responders; general industry workers; military personnel; oil, gas, petrochemical, and chemical workers; hazmat and confined space workers; and construction workers and contractors. Mine Safety Appliances Company sells its products in North America, Europe, and internationally. The company was founded in 1914 and is based in Pittsburgh, Pennsylvania.
Advisors' Opinion:- [By Chuck Saletta]
Take Mine Safety Appliances (NYSE: MSA ) , for instance. The safety equipment provider missed expectations in its most recent quarter. But its very solid balance sheet helps protect it from the cyclicality in its industry, and its overall strength enabled it to increase its dividend last week, in spite of that short-term weakness. That solid balance sheet was one of the key factors that led to its selection for the iPIG portfolio and the reason the portfolio still has room for the company even though it slipped.
- [By Chuck Saletta]
The third biggest gainer for the IPIG portfolio last week was safety-equipment purveyor Mine Safety Appliances (NYSE: MSA ) , which also rose on its earnings news. Mine Safety Appliances' numbers were pretty strong, once you backed out the impact of currency fluctuations and a divestiture, and the market rewarded the company for those results. Solid results like that are also a decent reason for a company's stock to rise, but of course, what the company delivers in the future will drive where its stock goes next.
Top 10 High Dividend Companies To Own In Right Now: Medley Capital Corporation (MCC)
Medley Capital Corporation is a business development company. The fund seeks to invest in privately negotiated debt and equity securities of small and middle market companies. It targets private debt transactions ranging in size from $10 million to $50 million to borrowers principally located in North America. It structures its investments as first lien senior secured loans, second lien senior secured loans, senior secured notes, senior subordinated notes, unitranche loans, and seeks warrants or other equity participation. The fund may take a board seat on its investee companies and exits its investments between three years and seven years.
Advisors' Opinion:- [By Nathan Slaughter]
All of this is to say that while I strive to hunt down and recommend attractive securities with double-digit yields -- and own a few, like Medley Capital Corp. (NYSE: MCC) -- they are the exception in this environment, not the rule.
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