The Department of Defense closed out last week with a massive $7.4 billion in new contract awards Friday. The bulk of these awards came in the form of a single, multi-recipient contract for the provision of networking equipment to the Air Force -- but it wasn't all IT, all the time. Other notable winners Friday included:
L-3 Communications (NYSE: LLL ) , which won a firm-fixed-price foreign military sales contract not to exceed $45.2 million in value. L-3 will provide pilots training and logistics support for Iraqi Air Force Cessna C208 transport aircraft and C172 utility aircraft over the next 12 months. Britain's BAE Systems (NASDAQOTH: BAESY ) , which was awarded a $34.3 million firm-fixed-price contract to supply the U.S. Air Force with 336 AN/APX-125 Mode 5 Advanced Identify Friend/Foe units for installation aboard F-16 fighter jets.�BAE is expected to complete work on this contract by May 31, 2015. General Dynamics' (NYSE: GD ) Electric Boat subsidiary, which won a $20 million cost-plus-fixed-fee modification, extending a previously awarded contract to support U.S. Navy nuclear submarines based at the Naval Submarine Support Facility, Naval Submarine Base in New London, Conn., through March 2014. Reliance Steel & Aluminum (NYSE: RS ) subsidiary I-Solutions Direct. In the "now for something completely different" category, I-Solutions was granted a second option year extension worth $14.8 million as part of a fixed-price with economic-price-adjustment, indefinite delivery/indefinite quantity contract. Reliance's subsidiary will supply "various metal items" to the U.S. Army, Navy, Air Force, Marine Corps, and federal civilian agencies. This contract runs through April 22, 2014.Top 5 Casino Companies For 2015: CME Group Inc.(CME)
CME Group Inc. operates the CME, CBOT, NYMEX, and COMEX regulatory exchanges worldwide. The company provides a range of products available across various asset classes, including futures and options on interest rates, equity indexes, energy, agricultural commodities, metals, foreign exchange, weather, and real estate. It offers various products that provide a means of hedging, speculation, and asset allocation relating to the risks associated with interest rate sensitive instruments, equity ownership, changes in the value of foreign currency, credit risk, and changes in the prices of commodities. CME Group owns and operates clearing house, CME Clearing, which provides clearing and settlement services for exchange-traded contracts and counter derivatives transactions; and also engages in real estate operations. Its primary trade execution facilities consist of its CME Globex electronic trading platform and open outcry trading floors, as well as privately negotiated transact ions that are cleared and settled through its clearing house. In addition, the company offers market data services comprising live quotes, delayed quotes, market reports, and historical data services, as well as involves in index services business. CME Group?s customer base includes professional traders, financial institutions, institutional and individual investors, corporations, manufacturers, producers, and governments. It has strategic partnerships with BM&FBOVESPA S.A., Bursa Malaysia Derivatives, Singapore Exchange Limited, Green Exchange, Dubai Mercantile Exchange, Johannesburg Stock Exchange, and Bolsa Mexicana de Valores, S.A.B. de C.V., as well as joint venture agreement with Dow Jones & Company. The company was formerly known as Chicago Mercantile Exchange Holdings Inc. and changed its name to CME Group Inc. in July 2007. CME Group was founded in 1898 and is headquartered in Chicago, Illinois.
Advisors' Opinion:- [By Ben Levisohn]
But even with markets trading in a range since July, there was plenty of action in individual stocks, even as earnings season nears an end. CME Group (CME), for instance, gained 4% to $74.44, its biggest move two months, after the exchange operator said trading volume in its Brent crude oil futures contracts climbed above 100,000 for the first time on Aug. 8. CME is trying to woo traders away from IntercontinentalExchange’s (ICE) dominant futures contract. Xerox (XRX), meanwhile, finished up 3.4% at $10.49 after Citigroup upgraded its stock to Buy from Neutral and the company announced that it would acquire a Canadian company.
- [By Lee Jackson]
CME Group Inc. (NASDAQ: CME) exchanges offer the widest range of global benchmark products across all major asset classes, including futures and options. CME Group brings buyers and sellers together through its Globex electronic trading platform and its trading facilities in New York and Chicago. The company also operates CME clearing, one of the world’s leading central counterparty clearing providers, which offers clearing and settlement services across asset classes for exchange-traded contracts and over-the-counter derivatives transactions. Investors are paid a solid 2.5% dividend. The consensus price target is $81.54. CME closed Wednesday at $75.71.
Top Logistics Stocks To Own Right Now: Tauriga Sciences Inc (TAUG)
Tauriga Sciences, Inc., formerly Immunovative, Inc., incorporated on April 18, 2001, is a development-stage company. The Company along with Constellation Diagnostics, Inc. (Constellation) focuses on establishing a joint venture partnership to develop and commercialize a imaging-based diagnostic technology for use in predictive and preventative oncology.
The Company has rights to commercialize AlloStim and AlloVax. As of March 31, 2013 the Company did not have any revenues.
Advisors' Opinion:- [By Peter Graham]
Small cap health care or personal care stocks Axxess Pharma Inc (OTCMKTS: AXXE), Radiant Creations Group Inc (OTCBB: RCGP) and Tauriga Sciences Inc (OTCMKTS: TAUG) have recently been attracting attention in various investment newsletters or in investor alerts. Some of the attention may have to do with paid promotions that two of these small caps have been the subject of. So how healthy are these three small cap health care or personal care orientated stocks? Here is a checkup:
Top Logistics Stocks To Own Right Now: Eco-Tek Group Inc (ETEK)
Eco-Tek Group, Inc., incorporated on April 10, 2007, is engaged in manufacturing and marketing of green lubricants and specialized systems with an automotive sector but also applicable to a variety of industrial, farm and virtually all mechanical equipment. The Company�� products include Eco-Tek Super Lubricant, Eco-Tek 3000 Synthetic Motor Oil, Eco-Tek 4-in-1 Fuel Treatments, Eco-Tek HD Synthetic Oil Stabilizer, Eco-Tek Bypass Oil Cleaner, Eco-Tek Engine Flush, Eco-Tek Lube Centres, Eco-Tek Test-Results, Eco-Tek Our Inventor and Eco-Tek Limited Warranty.
The Company�� motor oil and lubricant is zinc free. Eco-Tek Engine Flush which cleans internal engine components extends engine life and restores lost performance due to sludge and buildup. Eco-Tek Premium Orange Hand Cleaner, which contains pumice to clean, aloe and lanolin to moisturize. Eco-Tek Non-Toxic Super Lubricant, reduces friction, fuel consumption, harmful contaminants in oil, reduces smoke, vibration and noise.
Advisors' Opinion:- [By Peter Graham]
Small cap green stocks Eco-Tek Group Inc (OTCMKTS: ETEK) and BluForest Inc (OTCMKTS: BLUF) have been getting some attention lately thanks to some green���as in paid for promotions. Of course, there is nothing wrong with properly disclosed promotions, but one of these stocks happens to be getting a considerable amount of attention as its been the subject of numerous transactions. With that in mind, will investors see some green with these green small cap stocks? Here is a quick reality check:�
Top Logistics Stocks To Own Right Now: Fair Isaac Corp (FICO)
Fair Isaac Corporation (FICO), incorporated on May 15, 1987, provides products and services that enable businesses to automate, improve and connect decisions to enhance business performance. The Company operates in three segments: Applications, which include pre-configured Decision Management applications designed for a specific type of business problem or process; Scores, which includes the Company's business-to-business scoring solutions and services, its myFICO solutions for consumers, and associated professional services, and Tools segment, which include software tools that clients can use to create their own custom Decision Management applications, as well as associated professional services. In May 2012, the Company acquired Entiera Inc. In September 2012, it acquired Adeptra Ltd. On April 1, 2013, FICO acquired Infoglide Software Corp.
Applications
The Company develops industry-tailored Decision Management applications, categorized as Applications, which apply analytics, data management and Decision Management software to specific business challenges and processes. These include credit offer prescreening, insurance claims management and others. The Company's Applications primarily serve clients in the banking, insurance, healthcare, and retail sectors. The chief offerings for marketing are the Company's FICO Analytic Offer Manager and FICO Customer Dialogue Manager. These solutions offer a suite of products, capabilities and services designed to integrate the technology and analytic services needed to perform context-sensitive customer acquisition, cross-selling and retention programs and deliver mathematically optimized offers.
The Company provides solutions that enable banks, credit unions, finance companies, installment lenders and other companies to automates and improve the processing of requests for credit or service. The Company provides customer management solutions for banking, where it�� account and customer management product is the FICO TRIAD! Customer Manager. The Company markets and sells TRIAD end-user software licenses, maintenance, consulting services, and strategy designs and evaluation. The Company's fraud management products improve the Company's clients' profitability by predicting the likelihood that a given transaction or customer account is experiencing fraud.
The Company's solutions are designed to detect and prevent a range of fraud and risk types across multiple industries, including credit and debit payment card fraud; e-payment fraud; deposit account fraud; technical fraud and bad debt; healthcare fraud; Medicaid and Medicare fraud, and property and casualty insurance claims fraud, including workers' compensation fraud. FICO fraud solutions protect financial institutions, insurance companies and government agencies from losses and damaged customer relationships caused by fraud and related criminal behavior.
FICO Fraud Predictor with Merchant Profiles is used in conjunction with Falcon Fraud Manager on payment card monitoring for credit and debit to improve fraud detection rates through the inclusion of merchant profiles. In addition to the Falcon products, the Company offers FICO Card Alert Service. Card Alert Service is a solution for fighting ATM debit fraud. The Card Alert Service identifies counterfeit payment cards and reports them to issuers. The Company offers FICO Economic Impact Service, which uses time series modeling of the macro economy to allow lenders to forecast future credit risk performance based on their views of the economy. Adeptra's software as a service (SaaS) platform enables financial services institutions and other businesses to take advantage of the explosion in mobile communication in order to manage risk, fight fraud and improve the customer experience, all in real time.
The Company competes with Acxiom, Epsilon, Equifax, Experian, Harte-Hanks, InfoUSA, KnowledgeBase, Merkle, TargetBase, CGI, NICE Systems, BAE, SAS, ACI Worldwide, Emdeon, Ingenix, ViPS, MedSt! at, Veris! k Analytics and IBM.
Scores
The Company develops credit scores based on third-party data. The Company's FICO Scores are used in most United States credit decisions, by the banks and credit card organizations, as well as by mortgage and auto loan originators. These scores provide a consistent and objective measure of an individual's credit risk. Credit grantors use the FICO Scores to prescreen candidates for solicitation, to evaluate applicants for new credit and to review existing accounts. The FICO Scores are calculated based on scoring models and implemented on third-party data. The version of the FICO Score for United States and Canadian lenders is the FICO 8 Score. The Company's other solutions include The FICO Credit Capacity Index and The FICO Economic Impact Index.
The Company competes with Experian and Experian-Scorex (U.S. partner), TransUnion and TransUnion International, Equifax, VantageScore, CRIF, LexisNexis and ChoicePoint.
Tools
The Company provides software products that businesses use to build their own tailored Decision Management applications. In contrast to its packaged Applications developed for specific industry applications, the Company�� Tools support the addition of Decision Management capabilities to virtually any application or operational system. These tools are sold as licensed software, and can be used by themselves or together to advance a client�� Decision Management initiatives. The Company uses these tools as common software components for its own Decision Management applications. The principal products offered are software tools include Rules Management, Predictive Modeling and Optimization.
The Company competes with IBM, SAS, Pegasystems and Angoss.
Advisors' Opinion:- [By WWW.DAILYFINANCE.COM]
Getty Images In just a few months, the American banking sector will begin to experience a massive case of collective amnesia. And it's a predictable amnesia, with predictable consequences. According to FICO (FICO), negative financial information -- late payments, bankruptcies, foreclosures, collection accounts, etc -- will generally disappear from your credit report after seven years. You probably already knew this: Personal finance experts talk about it often when discussing credit scores, bankruptcy, or a host of other money issues. But let's do the math. In 2008, the worst financial crisis since the Great Depression hit this country. It led to a record number of foreclosure filings beginning -- nearly 3.1 million filings that year. And the trend continued, with millions of homes foreclosed each subsequent year. Fast forward to 2015, when the first of the great recession foreclosures will start to vanish from credit reports. Credit scores improve as time elapses and your score can experience a big improvement when a major negative item drops off your report. According to Experian (EXPN) data provided to the New York Federal Reserve, the average credit score in the second quarter of 2014 reached 698, the highest level in the last 10 years. We can expect those averages to keep rising as the defaults, delinquencies and foreclosures of the Great Recession begin to be wiped from people's credit records. In addition, housing prices have started improving. The Case-Shiller house price index has experienced double-digit increases over the last few years. And, bank losses have improved. For example, JPMorgan Chase (JPM) has reduced its loan loss reserves for mortgages by $1 billion over the last 12 months alone. So, we are experiencing: Rapidly rising credit scores. Increasing property valuations. Improved bank balance sheets. Can you imagine what that means? Fire Up Those Consumer Credit Engines As memories of the Great Recession disappear from credit burea
- [By WWW.DAILYFINANCE.COM]
Jupiterimages.com When it comes to understanding your credit, it can feel as complicated as trying to solve a Rubik's cube. Frustrated by this confusion, many consumers neglect their credit, which can have a devastating impact on their financial futures. A Consumer Action study recently revealed that 27 percent of Americans have never checked their credit report. That's alarming, because it's estimated that a large numbers of consumers have errors on their credit reports that could damage their credit. I found this out several years ago when I found an error -- a canceled account that was being reported as delinquent -- hurting my credit. In my research, I have identified three sneaky things that are hurting other people's credit, too. Surprisingly, they could be fixed in 15 minutes or less. First, you need to get your credit report, and you should go to AnnualCreditReport.com. From this site, you can request your free credit report once a year from the three major credit reporting agencies -- (Equifax (EFX), Experian (EXPGY) and TransUnion). You can also access your credit score there, but you'll have to pay a small fee. To get a free credit score, you can go to Credit.com or Creditkarma.com. Keep in mind that these two as well as a lot of other free sites offer a consumer education score, which isn't your actual FICO (FICO) score. This confused even me when I sought to find my real credit score. Your FICO score changes daily, so getting your credit scores from these free sites will give you a good gauge of approximately what your credit score is. 1. Wrong Information The wrong personal information on your credit report could hurt your credit. This could be things like your name, your home address, where you've worked in the past or even your Social Security number. How does a wrong address hurt your credit? Your information may be mixed up with someone else's, especially if you have a common name, or are a "Jr." or "Sr." Or it could indicate identity th
No comments:
Post a Comment