A high 61% of Americans say they will save or invest their refunds, while 21% plan to pay off debt and another 18% will spend the money on necessities, according to a new TD Ameritrade survey of 1,000 investors. Only 19% of respondents said they expect to make non-essential purchases with their refunds.
For all the grief millennials get, they're actually the ones most likely to save their refund checks -- with more than two-thirds, or 67%, of Generation Y taxpayers ages 25 to 37 saying they plan to save or invest the money.
Top 10 Services Companies To Watch In Right Now: Allied World Assurance Company Holdings AG (AWH)
Allied World Assurance Company Holdings, AG operates as a specialty insurance and reinsurance company in Bermuda, Hong Kong, Ireland, Singapore, Switzerland, the United Kingdom, and the United States. It offers casualty insurance products that provide coverage for specialty type risks, such as professional liability, environmental liability, product liability, inland marine liability, healthcare liability risks, and commercial general liability products, as well as professional liability products, including policies covering directors and officers, employment practices, and fiduciary liability insurance. The company also provides a mix of errors and omissions liability coverages for various service providers comprising law firms, technology companies, insurance companies, insurance agents and brokers, and municipalities; primary and excess liability, and other casualty coverages to the healthcare industry, including hospitals and hospital systems, managed care organization s, and medical facilities, such as home care providers, specialized surgery and rehabilitation centers, and outpatient clinics; and general casualty products for a range of industries consisting of construction, real estate, public entities, retailers, manufacturing, transportation, and finance and insurance services, as well as workers compensation insurance products. In addition, it offers property insurance products covering physical property and business interruption for commercial property risks; and general property products covering risks for retail chains, real estate, manufacturers, hotels and casinos, and municipalities. Further, the company provides the reinsurance of property, general casualty, professional liability, specialty lines, property catastrophe, accident and health, and marine and aviation coverages. Allied World Assurance Company Holdings, AG was founded in 2001 and is headquartered in Baar, Switzerland.
Advisors' Opinion:- [By Rich Duprey]
Specialty insurance provider�Allied World Assurance (NYSE: AWH ) announced yesterday its second-quarter dividend of $0.50 per share, a 33% increase from the payout it made last quarter of $0.375 per share, as approved by shareholders at the annual meeting last month.
- [By , Zacks Investment Research]
Here are five�stocks that made it through this week’s screen:
AmTrust Financial (AFSI) Allied World Assurance (AWH) Chatham Lodging Trust (CLDT) Federated National Holding Co. (FNHC) Whitewave Foods (WWAV)Get the rest of the stocks on this list and start screening for these companies on your own.
Top 10 Integrated Utility Stocks To Own Right Now: Northern Dynasty Minerals Ltd (NAK)
Northern Dynasty Minerals Ltd. (Northern Dynasty) is engaged in the exploration of mineral properties. The Company holds 650 square miles of mineral claims in southwest Alaska, United States. As of December 31, 2011, the Company owned 50% interest in the Pebble Limited Partnership (the Pebble Partnership). The Pebble Partnership owns the Pebble Copper-Gold-Molybdenum Project (the Pebble Project). Its principal mineral property interest is located in Alaska, United States. The Pebble property (Pebble) is located in southwest Alaska, 19 miles (30 kilometers) from the villages of Iliamna and Newhalen, and approximately 200 miles (320 kilometers) southwest of the city of Anchorage. The Company�� wholly owned subsidiaries include 3537137 Canada Inc., Northern Dynasty Partnership and U5 Resources Inc. In December 2013, the Company announced that it has completed the re-acquired 100% ownership and control of the Pebble Partnership. Advisors' Opinion:- [By Paul Ausick]
Stocks on the move: Boise Inc. (NYSE: BZ) is up 26% at $12.55 following the company�� acquisition by Packaging Corporation of America Inc. (NYSE: PKG) for $12.55 a share ($1.28 billion). Omeros Corp. (NASDAQ: OMER) is up 68.2% at $8.56 following an analyst upgrade. Northern Dynasty Minerals Ltd. (NYSEArca: NAK) is down 33.3% at $1.48 following an announcement from Anglo American plc that it was withdrawing from a massive copper mining project in Alaska.
- [By Ben Kramer-Miller]
This article is about Northern Dynasty Minerals (NAK). Northern Dynasty Minerals has a market capitalization of $190 million. It is a 50% owner of the Pebble Mine in Alaska.
Top 10 Integrated Utility Stocks To Own Right Now: ONYX Pharmaceuticals Inc.(ONXX)
Onyx Pharmaceuticals, Inc., a biopharmaceutical company, engages in the development and commercialization of therapies that target the molecular mechanisms that cause cancer in the United States and internationally. The company, through its collaboration agreement with Bayer HealthCare Pharmaceuticals, Inc., develops and markets Nexavar (sorafenib) tablet, a multiple kinase inhibitor for the treatment of liver cancer and advanced kidney cancer. It is also conducting Phase III clinical trial on Nexavar for the treatment of kidney, liver, lung, thyroid, breast, and non-small cell lung cancers; clinical trials on carfilzomib, a proteasome inhibitor for the treatment of patients with relapsed or relapsed/refractory multiple myeloma and solid tumors; and Phase Ib/II clinical trial on Oprozomib, an oral proteasome inhibitor. In addition, Onyx Pharmaceuticals, Inc. is developing ONX 0914, an immunoproteasome inhibitor, which is in preclinical stage for the treatment of autoimmune disorders, such as rheumatoid arthritis, inflammatory bowel disease, and lupus. Further, the company, through its collaboration agreement with Bayer HealthCare Pharmaceuticals, Inc., is conducting clinical trials on Regorafenib, a multi-kinase inhibitor to treat metastatic colorectal cancer and gastrointestinal stromal tumors. It has a collaboration agreement with Warner-Lambert Company to discover and commercialize small molecule drugs that restore control of or intervene in the misregulated cell cycle in tumor cells. The company also has development and license agreements with BTG International Limited for the development and commercialization of ONX 0801, a novel targeted oncology compound; and Ono Pharmaceutical Co., Ltd. to develop and commercialize carfilzomib and Oprozomib for oncology indications in Japan. Onyx Pharmaceuticals, Inc. was founded in 1992 and is headquartered in South San Francisco, California.
Advisors' Opinion:- [By Reuters]
Paul Sakuma/AP Amgen is close to buying Onyx Pharmaceuticals $125 a share, or more than $10 billion, in a deal that is expected to be announced as soon as Monday, two people familiar with the matter said Saturday. A deal, which is still being finalized and would require board approval from both companies, would represent the fifth-largest biotechnology deal in history. The proposed takeover would value Onyx at 13 times the company's expected revenues for next year, one of the richest valuations in biotech takeovers, one of the people said. The people asked not to be identified because the matter isn't public. Representatives for Amgen (AMGN) and Onyx (ONXX) couldn't be immediately reached for comment. The acquisition of Onyx would give Amgen full rights to Kyprolis, the new multiple myeloma drug that analysts expect to reach annual peak sales in excess of $2 billion. Amgen would also gain a revenue stream from the liver and kidney cancer drug Nexavar that Onyx shares with Bayer, as well as royalty payments on Bayer's much newer colon cancer drug Stivarga and potential future royalties on an experimental breast cancer drug being developed by Pfizer (PFE). A deal in the $10 billion range would be Amgen's biggest since its $16 billion acquisition of Immunex in 2001 that gave it the rheumatoid arthritis drug, Enbrel, which is one of Amgen's most important, biggest-selling products. It would be by far the biggest deal under CEO Bob Bradway, who took over the top spot in May 2012. He has done a handful of much smaller deals, the biggest to date being a $1.16 billion acquisition of Micromet. Focus on Oncology Onyx shares closed Friday at $116.96. Amgen offered to pay $120 a share for the company in June but Onyx said that bid significantly undervalued the company and put itself up for sale. An Onyx deal would also give Amgen a much higher profile in oncology. Several of its current drugs offer supportive care for cancer patients, such as to treat anemia or
Top 10 Integrated Utility Stocks To Own Right Now: EnerNOC Inc (ENOC)
EnerNOC, Inc. (EnerNOC), incorporated on June 5, 2003, is a provider of energy management applications, services and products for the smart grid, which include demand response, data-driven energy efficiency, and energy price and risk management applications, services and products. The Company�� energy management applications, services and products enable energy management strategies for commercial, institutional and industrial end-users of energy, which it refers to as its C&I customers, and its electric power grid operator and utility customers by reducing real-time demand for electricity, increasing energy efficiency and improving energy supply transparency. The Company�� energy management applications, services and products include its EnerNOC EfficiencySMART and SupplySMART applications and services, and certain wireless energy management products.
DemandSMART
The Company�� demand response capacity provides an alternative to building conventional supply-side resources, such as natural gas-fired peaking power plants, to meet periods of peak electricity demand. The Company is in the development, implementation and broader adoption of technology-enabled demand response services for the smart grid. The Company�� DemandSMART application enables us to send control signals to, and receive bi-directional communications from, an Internet-enabled network of dispersed C&I customer sites in order to initiate, monitor and complete demand response activity. The Company�� technology and operational processes have the ability to automate demand response and simplify C&I customer participation by remotely reducing electricity usage in a matter of minutes, or send curtailment instructions to its C&I customers to be manually implemented on site. The devices that it installs at its C&I customer sites transmit to us through the cellular network and Internet near real-time electrical consumption data on a 1-minute, 5-minute, 15-minute or hourly basis. The Company�� DemandSMART app! lication analyzes the data from individual sites and aggregates data for specific regions. When a demand response event occurs, its network operations center (NOC) automatically processes the notification coming from the electric power grid operator or utility. The Company�� NOC operators then begin activating procedures to curtail demand from the grid at its C&I customer sites.
The Company provides its demand response services to electric power grid operators and utilities under long-term contracts and pursuant to open market bidding programs. The Company�� long-term contracts generally have terms of 3-10 years and predetermined capacity commitment and payment levels. Within these contracts and open market programs, it offers the services to address the needs of electric power grid operators and utilities: reliability-based demand response, price-based demand response, and short-term reserve resources referred to in the electric power industry as ancillary services.
EfficiencySMART
EfficiencySMART is the Company�� data-driven energy efficiency suite that includes energy efficiency planning, audits, assessments, commissioning and retro-commissioning authority services, and a cloud-based energy analytics application used for managing energy across a C&I customer�� portfolio of sites. The cloud-based energy analytics application also includes the ability to integrate with a C&I customer�� existing energy management system, provide utility bill management and tools for measurement, tracking, analysis, reporting and management of greenhouse gas emissions. The Company offers the EfficiencySMART applications and services, which include EfficiencySMART Plan, EfficiencySMART Audit, EfficiencySMART Assessment, EfficiencySMART Commissioning and EfficiencySMART Insight.
EfficiencySMART Plan provides its C&I customers with a multi-year profile of projected energy demand, consumption and costs, including a lifecycle financial analysis of potential energy! strategi! es and a roadmap for implementation. EfficiencySMART Audit provides its C&I customers with energy efficiency recommendations in compliance with the American Society of Heating, Refrigeration and Air-Conditioning (ASHRAE) standards for conditioned space, and tactical energy surveys for industrial facilities. EfficiencySMART Assessment provides detailed recommendations for energy savings, demand reductions, reductions in energy intensity through operation and maintenance activities, equipment retrofits, behavioral changes, or the use of new technologies. EfficiencySMART Commissioning includes traditional and/or new building commissioning services, such as investigation, testing and verification of energy efficiency strategies, and data analytics over a specified period of time. EfficiencySMART Insight provides its large, multi-site C&I customers with a Software-as-a-Service enterprise energy management solution that provides persistent commissioning with the ability to visualize near real-time energy usage, identify savings opportunities, and prioritize energy-related investments across a portfolio of meters and buildings across a C&I customer�� organization.
SupplySMART
SupplySMART is the Company�� energy price and risk management application that provides its C&I customers located in restructured or deregulated markets throughout the United States with the ability to more effectively manage the energy supplier selection process, including energy supply product procurement and implementation. SupplySMART provides a framework for developing and implementing risk management strategies and executing purchasing strategies that provides maximum price transparency and structural savings on an ongoing basis for its C&I customers.
Technology and Operations
The Company�� technology has been developed provides a platform on which to design, customize, and implement its energy management applications, services and products. The Company�� technology infrast! ructure i! s built on Linux, Java and Oracle, and supports open Web services architecture. The Company�� enterprise energy management application platform enables the Company to efficiently scale its DemandSMART, EfficiencySMART, and SupplySMART applications and services, as well as certain wireless energy management products, in new geographic regions and rapidly grow the number of C&I customers in its network. The Company�� energy management application platform leverages Web services and wireless technologies that connect applications directly with other applications through a form of loose coupling, which allows connections to be established across applications without customization.
Network Operations Center
The Company�� technology enables its NOC to automatically respond to signals sent by electric power grid operators and utilities to deliver demand reductions within targeted geographic regions. The Company can customize its technology to receive and interpret many types of dispatch signals sent directly from an electric power grid operator or utility customer to its NOC. Following the receipt of such a signal, its NOC automatically notifies specified C&I customer personnel of the demand response event. After relaying this notification to its C&I customers, it initiate processes that reduce their electricity consumption from the electric power grid. These processes may include dimming lights, shifting equipment to power save mode, adjusting heating and cooling set points and activating a back-up generator. Demand reduction is monitored remotely with near real-time data feeds, the results of which are displayed in its NOC through various data presentment screens.
Energy Management Platform
The Company�� energy management platform is consists of its cloud-based enterprise software platform used for DemandSMART, EfficiencySMART and SupplySMART, as well as wireless energy management products and technology, and is the underlying system that runs its ! NOC. It u! tilizes a modular Web services architecture that is designed to allow application modules to be easily integrated into the platform. The Company use its energy management platform to measure, manage, benchmark and optimize C&I customers��energy consumption and facility operations. The Company use this data to help C&I customers analyze consumption patterns, forecast demand, measure real-time performance during demand response events, continuously monitor building management equipment to optimize system operation, model rates and tariffs and create energy scorecards to benchmark similar facilities. In addition, its energy management application platform has the ability to track its C&I customers��greenhouse gas emissions by mapping their energy consumption with the fuel mix used for generation in their location, such as the proportion of coal, nuclear, natural gas, fuel oil and other sources used.
The EnerNOC Site Server
The Company designs and installs a small device, called an EnerNOC Site Server, or ESS, at each C&I customer site to collect and communicate to its platform near real-time electricity consumption data and, in certain cases, enable remote control of a C&I customer�� electricity consumption. The ESS communicates to its NOC through the C&I customer�� LAN or secure Internet connection. The ESS is an open, integrated system consisting of a central hardware device residing inside a standard electrical box. The ESS allows its C&I customers to, among other things, respond quickly and completely to instructions from us to reduce electricity consumption. The Company also supports OpenADR protocol on its most recent ESS devices, an emerging standard for automated demand response communications.
The Company competes with Comverge, Inc., Exelon Corporation, Energy Curtailment Specialists and Hess, Inc., as well as energy technology providers Lucid Design Group, Inc., Building IQ, SCIEnergy, Inc. and McKinstry Co., LLC.
Advisors' Opinion:- [By Alyce Lomax]
Apparently EnerNOC's (NASDAQ: ENOC ) first-quarter results didn't do much for investors. The stock sagged after it reported its financial results several days ago. Still, trader-centric investors are likely missing a lot about this disruptive company's story and long-term prognosis.�
- [By Damian Illia]
Finally, I always like to see one of the most important financial ratios applying to stockholders, the best measure of performance for a firm's management: the return on equity. The ratio has decreased when compared to its ROE from the same quarter one year prior. This is a signal of major weakness. Moreover, it is worse than those shown in the table like Aegion Corporation (AEGN), EnerNOC Inc. (ENOC), MYR GroupInc. (MYRG) and Pike Corporation (PIKE).
- [By Rich Smith]
Boston, Mass.-based EnerNOC (NASDAQ: ENOC ) has a new chief financial officer.
On Tuesday, the energy "smartgrid" software maker announced that it has hired Neil Moses, until March the chief global strategy officer for Dunkin' Brands (NASDAQ: DNKN ) �and onetime CFO, as its new CFO.
- [By John Udovich]
Small cap cloud stock Opower Inc (NYSE: OPWR), a cloud�solutions provider to the utility sector, IPO�� at $19�on Friday to�close at $23 a share, meaning its worth taking a closer look at the stock plus�take a look at the performance of smart meter or smart grid�stocks like�Itron, Inc (NASDAQ: ITRI), Echelon Corporation (NASDAQ: ELON) and EnerNOC, Inc (NASDAQ: ENOC).
Top 10 Integrated Utility Stocks To Own Right Now: MTR Gaming Group Inc.(MNTG)
MTR Gaming Group, Inc., through its subsidiaries, engages in racing, gaming, and entertainment businesses in the United States. It owns and operates Mountaineer Casino, Racetrack & Resort, which is a diverse gaming, entertainment, and convention complex in Chester, West Virginia that consists of approximately 2,132 slot machines, 14 poker tables, and 45 casino table games; 357 hotel rooms, including 256-room Grande Hotel at Mountaineer; a convention space; a live thoroughbred horse racing facility; the Woodview Golf Course; a theater and events center; a fitness center; and an on-site pari-mutuel wagering facility. The company also operates Presque Isle Downs & Casino property, which comprises 2,070 slot machines, 44 casino table games, and 9 poker tables; and provides live thoroughbred horse racing and on-site pari-mutuel wagering services in Erie, Pennsylvania. In addition, it operates Scioto Downs Casino & Racetrack, a live harness racing track in Columbus, Ohio; and Ra celinebet.com, a national account wagering service that offers online and telephone wagering on horse races. The company was formerly known as Secamur Corporation and changed its name to MTR Gaming Group, Inc. in 1996. MTR Gaming Group, Inc. was founded in 1988 and is based in Chester, West Virginia.
Advisors' Opinion:- [By Lauren Pollock]
MTR Gaming Group Inc.(MNTG) and privately held Eldorado Resorts LLC have amended their merger agreement to increase the amount of cash paid to MTR shareholders, preventing a possible bidding war for the gaming company. MTR shares surged 13% to $5.92 premarket, approaching the raised bid price $6.05 a share.
- [By Equities Lab]
The stocks that currently pass the stock screen in order of market cap are Frontier Communications Corp , Crown Media Holdings (CRWN), Vonage Holding (VG), MCG Capital Corp (MCGC), 1-800-FLOWERS.COM (FLWS), MTR Gaming Corporation (MNTG), Alaska Communications (ALSK), and Enzon Pharmaceuticals (ENZN).
Top 10 Integrated Utility Stocks To Own Right Now: Sigma Designs Inc.(SIGM)
Sigma Designs, Inc. provides integrated system-on-chip solutions (SoC) for the Internet protocol television (IPTV), media processor, connected home and media player, prosumer and industrial audio/video, high definition television, and PC-based add-in markets. The company offers semiconductors with a suite of real-time software that enables synchronous processing of video, audio, and graphics streams for various applications. Its media processor product line represents a family of SoC solutions that are a component of multiple consumer applications, which process digital video and audio content comprising IPTV, connected media players, and portable media players. The company?s home networking product line consists of wired networking solutions based on HomePNA, HomePlug AV, and G.hn standards, as well as wireless connectivity solutions based on Ultra-wideband technology. Its standards are used for transferring Internet protocol content across coaxial cables, phone lines, a nd power lines to enable service providers to deliver IPTV solutions and other media-rich applications. The company?s video image processor product line comprises of semiconductors that provide video output for professional and prosumer applications. Its home control and energy management automation product line includes wireless transceiver devices along with a mesh networking protocol. The company offers its home connectivity products under the CopperGate; wireless connectivity solutions under the CoAir; video image processors under the VXP; and wireless transceiver devices under the Z-Wave brands. It also provides software elements, such as multimedia library, security management software, and porting adaptations. In addition, the company offers PC-based solutions. It sells its products through direct sales force, manufacturer representatives, and independent distributors primarily in Asia, Europe, and North America. The company was founded in 1982 and is headquartered i n Milpitas, California.
Advisors' Opinion:- [By Rebecca McClay]
In earnings news today, a few companies are reporting after the closing bell, including H & R Block Inc. (NYSE: HRB), which is up about 1%. Pike Electric Corp. (NYES: PIKE), Guidewire Software Inc. (NYSE: GWRE), and Sigma Designs Inc. (Nasdaq: SIGM) are also reporting quarterly earnings late this afternoon.
- [By GuruFocus]
According to GuruFocus Insider Data, these are the largest CEO buys during the past week. The overall trend of CEOs is illustrated in the chart below:
Sigma Designs, Inc. (SIGM): President & CEO Thinh Q Tran Bought 454,546 SharesPresident & CEO of Sigma Designs, Inc. (SIGM) Thinh Q Tran bought 454,546 shares on 12/20/2013 at an average price of $4.65. Sigma Designs, Inc., a California corporation was incorporated in January 1982. Sigma Designs, Inc. has a market cap of $160.902 million; its shares were traded at around $4.65 with and P/S ratio of 0.77.
- [By Roberto Pedone]
One technology player that insiders are loading up on here is Sigma Designs (SIGM), which provides integrated chipset solutions that serve as the foundation for consumer products including televisions, set-top boxes and video networking products. Insiders are buying this stock into decent weakness, since shares are down by 13.9% in the last three months.
Sigma Designs has a market cap of $165 million and an enterprise value of $98 million. This stock trades at a premium valuation, with a forward price-to-earnings of 29.88. Its estimated growth rate for this year is 114.2%, and for next year it's pegged at -5.9%. This is a cash-rich company, since the total cash position on its balance sheet is $61.74 million and its total debt is zero.
The CEO just bought 454,546 shares, or $2.5 million worth of stock, at $5.50 per share.
From a technical perspective, SIGM is currently trending below both its 50-day and 200-day moving averages, which is a bearish sign. This stock recently gapped down from $5.50 to below $4.40 a share with heavy downside volume. Following that move, shares of SIGM went on to hit a new low of $4.04 a share. That said, this stock has started to rebound off that $4.04 low and it's now moving within range of triggering a near-term breakout trade.
If you're bullish on SIGM, then I would look for long-biased trades as long as this stock is trending above some near-term support at $4.48 or above its recent low of $4.04, and then once breaks out above some near-term overhead resistance at $4.85 a share with high volume. Look for a sustained move or close above that level with volume that hits near or above its three-month average action of 299,402 shares. If that breakout hits soon, then SIGM will set up to re-fill some of its previous gap down zone that started at $5.500 a share. This stock could even tag $5.75 to $6.20 a share if that gap gets filled with strong upside volume flows.
- [By John Udovich]
We have recently added small cap video chip stock Pixelworks, Inc (NASDAQ: PXLW) to our SmallCap Network Elite Opportunity (SCN EO)�as it stands to benefit from the growth in connecting HD quality video across all mobile device platforms, as well as Smart TVs; but Silicon Image, Inc (NASDAQ: SIMG) and Sigma Designs, Inc (NASDAQ: SIGM) are also providing chips for the video or entertainment markets. Moreover, all three of these small cap stocks have recently reported earnings that might leave you feeling even more bullish.
Top 10 Integrated Utility Stocks To Own Right Now: LSB Industries Inc (LXU)
LSB Industries, Inc., incorporated on January 21, 1977, is a diversified holding company involved in manufacturing and marketing operations through its subsidiaries. The Company together with its wholly owned subsidiaries owns Chemical Business and Climate Control Business. Chemical Business manufactures and sells nitrogen-based chemical products produced from four facilities located in El Dorado, Arkansas; Cherokee, Alabama; Pryor, Oklahoma, and Baytown, Texas for the agricultural, industrial, and mining markets. Climate Control Business manufactures and sells a range of heating, ventilation and air conditioning (HVAC) products in the niche markets the Company serves consisting of geothermal and water source heat pumps, hydronic fan coils, large custom air handlers, modular geothermal and other chillers and other related products used to control the environment in commercial/institutional and residential new building construction, renovation of existing buildings and replacement of existing systems. On October 31, 2012, Zena Energy LLC acquired working interests in certain natural gas properties located in Wyoming County, Pennsylvania, within the Marcellus Shale.
Chemical Business
The Company�� products in the Chemical Business include high purity and commercial grade anhydrous ammonia for industrial and agricultural applications, industrial and fertilizer grade ammonium nitrate (AN), urea ammonium nitrate (UAN), sulfuric acids, nitric acids in various concentrations, nitrogen solutions, diesel exhaust fluid (DEF) and various other products. The Company�� Chemical Business is a supplier to chemical and industrial companies. Its other products include anhydrous ammonia, ammonium nitrate ammonia solution for agricultural applications, blended and regular nitric acid, mixed nitrating acids, and industrial grade AN and solutions for the mining industry. The Company sells hese agricultural products to farmers, ranchers, fertilizer dealers and distributors primarily in the ran! ch land and grain production markets in the United States. The Company�� Chemical Business establishes long-term relationships with wholesale agricultural distributors and retailers and also sells directly to agricultural end-users through its network of wholesale and retail distribution centers. The Company�� Chemical Business manufactures and sells industrial acids and other chemical products primarily to the polyurethane, paper, fibers, fuel additives, emission control, and electronics industries. Its Chemical Business is also a niche market supplier of industrial and high purity ammonia for many specialty applications, including the reduction of air emissions from power plants.
Climate Control Business
The Company�� Climate Control Business manufactures and sells a range of standard and custom designed geothermal and water source heat pumps and hydronic fan coils, as well as custom air handlers and modular chiller systems, including modular geothermal chillers and simultaneous heating and cooling modules. These products are for use in commercial/institutional and residential HVAC systems. Its products are installed in some of the commercial/institutional developments in the United States, including the Prudential Tower, Rockefeller Plaza, Trump Tower, Time Warner Center and many others. In addition, it has presence in the lodging sector with installations in numerous Hyatt, Marriott, Four Seasons, Starwood, Ritz Carlton and Hilton hotels, among others. Its Climate Control Business manufactures and distributes its products from seven facilities located in Oklahoma City, Oklahoma. The Company also provides geothermal heat pumps in residential and commercial/institutional applications. Its products are sold to the commercial/institutional markets, as well as single and multi-family residential new construction, renovation and replacements. The Company is a provider of hydronic fan coils targeting commercial and institutional markets. It manufactures its products in many! sizes an! d configurations, as required by the purchaser, to fit the space and capacity requirements of hotels, motels, schools, hospitals, apartment buildings, office buildings and other commercial/institutional or residential structures. The Climate Control Business sells its products primarily to mechanical contractors, original equipment manufacturers (OEMs) and distributors. Its Climate Control Business market includes commercial/institutional and residential new building construction, renovation of existing buildings and replacement of existing systems.
The Company competes with Agrium, CF Industries, Coffeyville Resources, Dyno Nobel, Koch, Potash Corporation, Yara International, Carrier, Trane, Nortek, McQuay, and Bosch.
Advisors' Opinion:- [By James E. Brumley]
With a market cap of only $893 million, it's not like LSB Industries, Inc. (NYSE:LXU) is the kind of company that garners a ton of attention. On the other hand, over the past several months, LXU has garnered far more attention than it likely wanted. The turbulence seems to be mostly behind it, however, and though the stock is now overbought thanks to the proverbial clearing of the dust, for long-haul investors, LSB Industries may be worth a closer look.
- [By Roberto Pedone]
LSB Industries (LXU) manufactures and sells geothermal and water source heat pumps and air handling products and chemical products. This stock closed up 4.6% at $33.72 in Friday's trading session.
Friday's Volume: 543,000
Three-Month Average Volume: 147,784
Volume % Change: 252%From a technical perspective, LXU ripped higher here right above some near-term support at $31.45 and back above its 50-day moving average of $32.51 with heavy upside volume. This stock also flirted with its 200-day moving average at $35.22, before closing just below that level at $33.72.
Traders should now look for long-biased trades in LXU as long as it's trending above its 50-day at $32.51 and then once it sustains a move or close above its 200-day at $35.22 to Friday's high of $36 with volume that's near or above 147,784 shares. If we get that move soon, then LXU will set up to re-test or possibly take out its next major overhead resistance levels at $40.37 to $42.79.
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