Yes, it’s true. With offshore drillers like Noble (NE) Rowan (RDC) and Ensco (ESV) all down more than 20% this year, Societe General now have “neutral” stance on the group. The bank cut its ratings on Noble, Ensco and Rowan, as well.
Agence France-Presse/Getty ImagesSociete Generale’s Edward Muztafago explains why now:
Conditions in the offshore drilling market are continuing to worsen. Dayrates for high margin deepwater rigs are falling significantly, and in many cases are coming in materially below our expectations. The situation will likely be exacerbated with little improvement in exploration demand and a significant influx of uncontracted newbuild arrivals (15 of 34) over the next 12 months. There is also risk the shallow water jack-up market could follow suit, with 50 of 60 planned newbuilds still needing to secure commitments over the next 12 months. We see limited prospects for a near-term rebound in offshore drilling stocks as a result of the worsening conditions, and believe offshore drilling could remain the most out of favour oil services subsector for several more quarters. We lower our dayrate assumptions, as well as offshore driller eps, multiples and price targets.
Hot Tech Companies To Own For 2015: Heidelberger Druckmaschinen AG (HDD)
Heidelberger Druckmaschinen AG is a German producer of solutions for the print media industry. The Company divides its activities into the three business segments Heidelberg Equipment, Heidelberg Services as well as Heidelberg Financial Services. Its product portfolio includes the prepress area with the Suprasetter product family; the press area, which comprises Speedmaster product families, that are used for classical offset printing, as well as for special applications, such as ultraviolet (UV) printing; as well as the postpress area, that includes cutters, folders, saddle stitchers, adhesive binders, die-cutting products, folding carton gluing machines and label systems. The Company also offers a range of spare parts and used equipment, as well as training programs and its own printing process automation software, Prinect. As of December 31, 2011, the Company operated three domestic subsidiaries and a number of foreign subsidiaries in Europe, Africa, Asia and Brazil, among others. Advisors' Opinion:- [By Nicolas73]
Seagate Technology (STX) is a company involved in the design, manufacture, marketing and selling of Hard Disk Drives (HDD).
They produce HDDs for enterprise applications (e.g. enterprise servers), client compute applications (mainly for notebooks), and non-compute applications (e.g. portable devices).
- [By Inyoung Hwang]
Heidelberger Druckmaschinen AG (HDD) jumped 14 percent to 2.20 euros, its biggest gain since February 2009, as it announced a digital partnership with Fujifilm Corp. Under the terms of the agreement, Heidelberger Druck will gain access to Fujifilm�� inkjet technology and its partner will in return benefit from the German company�� engineering and manufacturing activities, Heidelberger Druck said.
Top 5 Oil Service Companies To Watch For 2014: OncoSec Medical Inc (ONCS)
OncoSec Medical Incorporated, incorporated on February 8, 2008, is an emerging drug-medical device company. The Company focused on designing, developing and commercializing medical approaches for the treatment of solid cancers. In March 2011, the Company acquired from Inovio Pharmaceuticals, Inc. (Inovio) certain assets related to the use of drug-medical device combination products for the treatment of different cancers.
The Company�� acquired assets relate to certain non-deoxyribonucleic acid (DNA) vaccine technology and property relating to selective tumor ablation technologies, which it refers to as the OncoSec Medical System (OMS), a therapy which uses an electroporation device to facilitate delivery of chemotherapy agents, or nucleic acids encoding cytokines, into tumors and/or surrounding tissue for the treatment and diagnosis of various cancers. As of January 24, 2012, the Company had not generated any revenue from operations.
Advisors' Opinion:- [By John Udovich]
Small cap biotech stocks AVEO Pharmaceuticals, Inc (NASDAQ: AVEO), OncoSec Medical Inc (OTCMKTS: ONCS) and MetaStat Inc (OTCBB: MTST) are focused on or are developing treatments or diagnostic technologies for metastatic cancers. In case you aren�� familiar with the term metastasis or metastatic, it�� the�spread of cancer from its primary site to other places in the body as cancer cells break away from a primary tumor, penetrate into lymphatic and blood vessels, circulate through the bloodstream and then grow in a new focus (metastasize) in normal tissues elsewhere in the body. In other words, it�� a dangerous form of cancer, but there are some small cap biotech stocks targeting it for diagnostics or treatment:
Top 5 Oil Service Companies To Watch For 2014: RRSat Global Communications Network Ltd.(RRST)
RRsat Global Communications Network Ltd. provides content management and distribution services to television and radio broadcasting industries. The company, through its proprietary ?RRsat Global Network? comprising satellite and terrestrial fiber optic transmission capacity and the public Internet, offers distribution services for content providers. Its content distribution services consist of worldwide transmission of video and audio broadcasts. The company also offers content management services, including digital archiving and compilation of customer?s programming and advertising content into various broadcast channels. In addition, RRsat Global Communications Network Ltd. provides various production services on a contractual basis and satellite newsgathering services through its fleet of vans for outside broadcasting and electronic news gathering crews and packages. Further, it offers live broadcast studios and editing facilities to its customers. The company?s RRs at Global Network delivers content to various end markets, including cable operators, satellite operators, Internet protocol television operators, direct to home market, and public Internet. Additionally, RRSat Global Communications Network provides mobile satellite telecommunications services, such as global telephony, fax, data, Internet, and other value added services for shipping, aviation, construction, and oil companies; humanitarian aid organizations; governmental agencies; and other end customers that require telephony and Internet services in remote areas. As of December 31, 2009, it provided services to approximately 545 television and radio channels in approximately 150 countries. The company was founded in 1981 and is headquartered in D.N. Shikmim, Israel.
Advisors' Opinion:- [By Jake L'Ecuyer]
Leading and Lagging Sectors
In trading on Thursday, telecommunications services shares were relative leaders, up on the day by about 0.83 percent. Top gainers in the sector included Internet Initiative Japan (NASDAQ: IIJI), with shares up 9.5 percent, and RRSat Global Communications Network (NASDAQ: RRST), with shares up 4.9 percent. - [By Garrett Cook]
Telecommunications services shares fell by 0.74 percent in Wednesday’s trading. Meanwhile, top decliners in the sector included RRSat Global Communications Network (NASDAQ: RRST), down 5.9 percent, and China Unicom (Hong Kong) (NYSE: CHU), off 4.6 percent.
- [By Garrett Cook]
In trading on Friday, telecommunications services shares were relative leaders, up on the day by about 0.88 percent. Meanwhile, top gainers in the sector included RRSat Global Communications Network (NASDAQ: RRST), up 3.4 percent, and China Mobile (NYSE: CHL), up 2.3 percent.
Top 5 Oil Service Companies To Watch For 2014: iShares U.S. Healthcare Providers ETF (IHF)
iShares Dow Jones U.S. Health Care Providers Index Fund (the Fund) seeks investment results that correspond generally to the price and yield performance of the Dow Jones U.S. Select Health Care Providers Index (the Index). The Index measures the performance of the healthcare providers sector of the United States equity market. The Index includes companies that are healthcare providers, such as owners and operators of health maintenance organizations, hospitals, clinics, dentists, opticians, nursing homes, rehabilitation and retirement centers.
The Fund will concentrate its investments in a particular industry or group of industries to approximately the same extent as the Index is so concentrated. Since all of the securities included in the Index are issued by companies in the healthcare providers sector, the Fund will be concentrated in the healthcare providers industry. The Fund�� investment advisor is Barclays Global Fund Advisors.
Advisors' Opinion:- [By John Udovich]
Small cap BioScrip Inc (NASDAQ: BIOS) is a specialized health care services stock that���seeking to roll-up the heavily fragmented�home infusion care market���meaning its worth taking a closer look at the stock and its performance against healthcare ETFs like the iShares Dow Jones US Health Care ETF (NYSEARCA: IHF) or the Health Care SPDR ETF (NYSEARCA: XLV). However,�BioScrip has taken a beating and I should note that we have recently added shares to our SmallCap Network Elite Opportunity (SCN EO) portfolio�because we believe the company is on the verge of turning a profit and is potentially undervalued.
- [By John Udovich]
Beaten down small cap home care and infusion stock BioScrip Inc (NASDAQ: BIOS) was recently�called a�potential takeover target, meaning its worth taking a closer look at the stock along with healthcare ETFs like the iShares Dow Jones US Health Care ETF (NYSEARCA: IHF) or the Health Care SPDR ETF (NYSEARCA: XLV).�I should mention that during the third quarter of last year, we had BioScrip in our SmallCap Network Elite Opportunity (SCN EO) portfolio after the stock had�taken a beating but we also believed the company is on the verge of turning a profit and is potentially undervalued.
- [By WWW.INVESTMENTNEWS.COM]
Most advisers are quick to spell out uncorrelated returns as the primary benefit of alternatives but few understand how to conduct comparative analysis. The tendency is to look at the funds' return and volatility; which starts one off on the wrong path. With alternatives, it's a two part process in which the first is simply qualification and then the second is measuring the material benefit for your portfolio. The necessary condition is uncorrelated, or non-systemic, returns. Without this, the investor is better off simply selecting a traditional long-only fund with the highest risk-adjusted prospects. Once you have identified a group of uncorrelated funds, the second step involves the tradeoff between return and correlatio
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