Here are four things you need to know before the opening bell rings in New York:
1. Strong dollar: The U.S. dollar was strengthening versus other global currencies, and gold prices were declining by about 1%.
Simon Smith, an economist at FxPro, said the dollar's strength against other currencies is now at a level "last seen in mid-2010 when the euro was getting hammered in the early stages of the eurozone crisis."
The dollar was 0.4% firmer against the euro, continuing a recent trend driven by growing divergence in monetary policy between the U.S. and the eurozone, where the economy has stalled.
2. Bad Apple: Shares in Apple (AAPL, Tech30) were showing signs of weakness premarket after the company withdrew its latest software update following widely reported technical problems. Social media is also buzzing over customer reports that the new iPhone 6 Plus is bendable.
Top 5 Construction Material Stocks To Watch For 2016: Bolt Technology Corporation(BOLT)
Bolt Technology Corporation engages in the development, manufacture, and sale of marine seismic data acquisition equipment and underwater remotely operated robotic vehicles worldwide. It operates through four segments: Seismic Energy Sources, Underwater Cables and Connectors, Seismic Energy Source Controllers, and Underwater Robotic Vehicles. The Seismic Energy Sources segment offers marine seismic energy sources, such as marine air guns for use in seismic exploration; and replacement parts. The Underwater Cables and Connectors segment provides underwater cables, connectors, hydrophones, depth and pressure transducers, and seismic source monitoring systems. The Seismic Energy Source Controllers offers air gun controllers/synchronizers, data loggers, and auxiliary equipment. The Underwater Robotic Vehicles segment offers underwater remotely operated robotic vehicles for various underwater tasks. The company serves marine seismic exploration contractors, oil and gas companie s, defense industry, fire and rescue organizations, and educational institutions, as well as federal, state, and local governmental units. Bolt Technology Corporation markets its products directly, as well as through sales agents and a network of distributors. The company was founded in 1960 and is headquartered in Norwalk, Connecticut.
Advisors' Opinion:- [By Monica Gerson]
Teledyne Technologies (NYSE: TDY) announced its plans to acquire Bolt Technology (NASDAQ: BOLT) for $22 per share. Bolt shares climbed 38.84% to $21.71 in the after-hours trading session, while Teledyne shares fell 0.29% to close at $97.40 yesterday.
Best Dow Dividend Companies To Buy Right Now: Mostostroy No6 OAO (MSTF)
Mostostroy No6 OAO (Mostostroitel��nyi trest No 6 OAO or Bridge Construction Trust N 6 OJSC) is a Russia-based company engaged in the construction industry. Its services portfolio includes the design, construction, reconstruction and renovation of bridges, railways, highways, tunnels and subways, nuclear and thermal power stations, residential and industrial facilities, among others. Mostostroitel��nyi trest No 6 OAO provides its services mainly to companies engaged in the transportation, hydraulic engineering, industrial, civil and nuclear construction sectors and its customers include ROSATOM and Russian Railways, among others. The Company operates through 10 branches, as well as two representative offices, located in Moscow and Sochi. In addition, it has five wholly owned subsidiaries. As of March 4, 2011, the Company��s major shareholder was Malakhit OOO with a stake of 19.85%. Advisors' Opinion:- [By Tom Taulli]
But again, the most glaring red flag is the valuation of GOOG stock. Shares of Google stock are currently trading at a P/E ratio of 30, which is certainly rich. Consider that�Apple (AAPL) and �Microsoft (MSTF) sport multiples of only about 14. These companies also have decent dividend yields.
Best Dow Dividend Companies To Buy Right Now: WD-40 Co (WDFC)
WD-40 Company incorporated on October 22, 1999, is a global consumer products company dedicated to delivering solutions for a range of maintenance needs of doer and on-the-job users. As of August 31, 2012, the Company��s products included WD-40 Smart Straw, WD-40 Trigger Pro, 3-IN-ONE Professional Garage Door Lube, Spot Shot Pet Clean which is a non-aerosol Spot Shot trigger product, Blue Works product line, and a mildew stain remover under the X-14 brand. In addition, its WD-40 Speciality product line, consists of certain specialty maintenance products. The Company��s three geographical segments are: the Americas, Europe and Asia-Pacific. The Company sells its products primarily through mass retail and home center stores, warehouse club stores, grocery stores, hardware stores, automotive parts outlets and industrial distributors and suppliers. During the fiscal year ended August 31, 2012, the Company formed WD-40 Bike Company LLC, focused on the development of a line of bicycle maintenance products for cyclists and mechanics.
Multi-Purpose Maintenance Products
The WD-40 brand is a multi-purpose maintenance product and is sold as an aerosol spray, a non-aerosol trigger spray and in liquid form through mass retail stores, hardware stores, warehouse club stores, automotive parts outlets and industrial distributors and suppliers. WD-40 products are sold worldwide in markets, such as North, Central and South America, Asia, Australia and the Pacific Rim, Europe, the Middle East and Africa. WD-40 products has a range of consumer uses in household, marine, automotive, construction, repair, sporting goods and gardening applications, in addition to numerous industrial applications. The 3-IN-ONE brand consists of multi-purpose drip oil and spray lubricant products, as well as other specialty maintenance products. The drip oil is an entry-level lubricant with spout options that allow applications for small mechanisms and assemblies, tool maintenance and threads on screws and bolts. It! also has industrial applications in areas, such as locksmithing, heating, ventilation, and air conditioning (HVAC), marine, farming, construction and jewelry manufacturing. In addition to the drip oil line of products, the 3-IN-ONE brand also includes a line of products known as 3-IN-ONE Professional, which is a line of multi-purpose maintenance products. 3-IN-ONE products are sold in the United States, Europe, Canada, Latin America, Australia and Asia.
The Blue Works brand consists of a line of industrial grade, specialty maintenance products that include lubricants, penetrants, degreasers and cleaners designed specifically for the needs of industrial users. Blue Works products were launched in the United States in selected markets in Europe and are sold through the industrial channel. WD-40 Specialist consists of a line of specialty problem solving products that include penetrants, water resistant silicone sprays, corrosion inhibitors and rust removers that are aimed at the current users of the WD-40 brand.
Homecare and Cleaning Products
The X-14 brand is a line of products designed for cleaning needs. X-14 is sold as a liquid mildew stain remover and two types of automatic toilet bowl cleaners. X-14 is sold in the United States through grocery and mass retail channels. The 2000 Flushes brand is a line of long-lasting automatic toilet bowl cleaners, which includes a variety of formulas. 2000 Flushes is sold in the United States and Canada through grocery and mass retail channels. The Carpet Fresh brand is a line of room and rug deodorizers sold as powder, aerosol foam and trigger spray products. Carpet Fresh is sold through grocery and mass retail channels in the United States, United Kingdom and Australia. In the United Kingdom, Carpet Fresh is sold under the 1001 brand name. In Australia, Carpet Fresh is sold under the No Vac brand name.
The Spot Shot brand is sold as an aerosol carpet stain remover and a liquid trigger carpet stain and odor e! liminator! . The brand also includes products, such as Spot Shot Instant Carpet Stain & Odor Eliminator and Spot Shot Pet Clean, which are non-toxic and biodegradable. Spot Shot products are sold through grocery and mass retail channels, warehouse club stores and hardware and home center stores in the United States and Canada. Spot Shot products are also sold in the United Kingdom under the 1001 brand name. The 1001 brand includes carpet and household cleaners and rug and room deodorizers, which are sold through mass retail, grocery and home center stores in the United Kingdom. The Lava and Solvol brands consist of heavy-duty hand cleaner products, which are sold in bar soap and liquid form through hardware, grocery, industrial, automotive and mass retail channels. Lava is sold in the United States, while Solvol is sold in Australia.
Advisors' Opinion:- [By Mike Deane]
After the closing bell on Wednesday, WD-40 Co. (WDFC) released its third quarter earnings, posting slightly higher revenues and net income than last year’s Q3.
WDFC’s�Earnings in Brief
WD-40�reported third�quarter revenues of $95.65 million, up from last year’s Q3 revenues of $93.1 million. Net income�for the quarter came in at $10.4 million, or 69 cents per share, up slightly from last year’s Q3 figures of $10.27 million, or 66 cents per share. WD-40 missed analysts’ estimates of 72 cents EPS on revenues of $99.16 million. Looking ahead, WDFC sees FY2014 EPS in the range of $2.70-$2.83 on revenues between�$380 million and�$387 million, while analysts are expecting EPS of $2.75 on revenues of $387.44 million.CEO Commentary
WD-40′s president and CEO�Garry Ridge released the following comments in the earnings release:�“We are pleased with the solid progress we have made for the year and remain confident that our strategic initiatives are well positioned to carry us into the future. While we continue to see fluctuations in certain markets quarter to quarter, our long-term growth plans remain stable and we continue to deliver on our expectations.”
WDFC’s�Dividend
WD-40 declared its last quarterly dividend of 34 cents on June 24. The dividend is payable on July 31, and the stock goes ex-dividend today, July 9.
Stock Performance
WDFC stock ended the trading day up 45 cents, or 0.59%, but the stock was headed slightly lower in after hours trading. YTD, the company’s stock is up 2.24%.
WDFC�Dividend SnapshotAs of Market Close on July 9, 2014
Click here to see the complete history of WDFC dividends.
Best Dow Dividend Companies To Buy Right Now: Templeton Emerging Markets Fund (EMF)
Templeton Emerging Markets Fund (the Fund) is a diversified, closed-end investment company. The Fund seeks long-term capital appreciation by investing at least 80% of its net assets in emerging country equity securities. It makes investments in China, Brazil, South Korea, Turkey, Russia, Thailand, India, Taiwan, Hungary and South Africa. The Fund invests in sectors, such as metals and mining, commercial banks, diversified financial services, semiconductors and semiconductor equipment, wireless telecommunication services, and oil, gas and consumable fuels.
Templeton Asset Management Ltd. (TAML) serves as the Fund��s investment manager. Its administrative manager is Franklin Templeton Services, LLC. The Fund may invest in the Franklin Institutional Fiduciary Trust Money Market Portfolio (the Sweep Money Fund), an open-end investment company managed by Franklin Advisers, Inc. (an affiliate of TAML).
Advisors' Opinion:- [By George Putnam, Editor, New Generation Research, Inc.]
Templeton Emerging Markets Fund (EMF) is also actively managed. Currently, the fund is Asian-centric with about 71% of assets from Asian markets, mostly China and Thailand.
Best Dow Dividend Companies To Buy Right Now: ON Semiconductor Corporation(ONNN)
ON Semiconductor Corporation, together with its subsidiaries, designs, manufactures, and markets semiconductor components for electronic systems and products worldwide. The company provides computing and consumer products, including analog IC solutions for power management in VCORE, DDR, and chipsets for audio, video, and graphics processing subsystems; and AC-DC conversion solutions for the power supplies in computing and consumer applications. It also offers automotive-grade low-dropout (LDO) voltage regulators, drivers, and ignition IGBTs; mixed-signal custom application specific integrated circuits (ASICs) and automotive application specific standard products (ASSPs) for industrial, medical imaging, computing, and consumer applications; clock and timing management products for industrial, communications, and consumer applications; ASICs and ASSPs that are used in defibrillators, pacemakers, neurostimulators, hearing health applications, glucose meters and patient monit oring product; and standard-cell ASICs conversions for the military/aerospace, industrial, communications, computing, and consumer markets, as well as serial non-volatile memories (EEPROM) solutions for data parameter storage in a range of electronic products. In addition, the company provides standard products comprising diodes and transistors, configurable analog products, LED drivers, EEPROMs and power MOSFETs for consumer electronics, computing, wireless and wired communications, automotive electronics, industrial electronics, and medical markets. Further, it supplies analog and mixed signal integrated circuits, microcontrollers, DSPs, analog and digital tuners, intelligent power modules, memory, and discrete semiconductors for the consumer, industrial, and automotive markets. The company sells its products to original equipment manufacturers, distributors, and electronic manufacturing service providers. ON Semiconductor Corporation was founded in 1999 and is headquarter ed in Phoenix, Arizona.
Advisors' Opinion:- [By Jake L'Ecuyer]
ON Semiconductor (NASDAQ: ONNN) shares gained as well, rising 2.84 percent to $9.77 after the company announced it would acquire assets from Platinum Energy for $92 million in cash after the close yesterday.
- [By Rich Smith]
This series, brought to you by Yahoo! Finance, looks at which upgrades and downgrades make sense, and which ones investors should act on. Today, our headlines feature a downgrades for both Intel (NASDAQ: INTC ) and ON Semiconductor (NASDAQ: ONNN ) . But the news isn't all bad, so before we address those two, let's start on a bright note.
Best Dow Dividend Companies To Buy Right Now: Glatfelter (GLT)
P. H. Glatfelter Company manufactures and sells specialty papers and fiber-based engineered materials in the United States and internationally. It offers carbonless and forms papers for credit card receipts, multi-part forms, security papers, and other end-user applications; book publishing papers for the production of hardbound books and other book publishing needs; envelope and converting papers for the direct mail market, shopping bags, and other converting applications; and engineered products for digital imaging, transfer, casting, release, postal, playing card, and other niche specialty applications. The company also provides food and beverage paper used for tea bags and single serve coffee products; metallized products used in the labeling of beer bottles, innerliners, gift wrap, self-adhesive labels, and other consumer products applications; and composite laminates papers used in production of decorative laminates, furniture, and flooring applications, as well as a line of paper products used in batteries, medical masks, and other engineered applications. In addition, it offers airlaid non-woven fabric-like materials used in feminine hygiene products, adult incontinence products, cleaning pads and wipes, food pads, napkins and tablecloths, and baby wipes. The company markets its products directly, as well as through wholesale paper merchants, brokers, and agents. P. H. Glatfelter Company was founded in 1864 and is headquartered in York, Pennsylvania.
Advisors' Opinion:- [By CRWE]
Glatfelter (NYSE:GLT) reported that the previously announced presentation by Dante C. Parrini, Chairman and Chief Executive Officer, at the Deutsche Bank Global Industrials and Basic Materials Conference on Wednesday, June 13, 2012 will be available via a live web cast.
- [By Eric Volkman]
Glatfelter (NYSE: GLT ) has a new asset in its portfolio. The company announced it has finalized the acquisition of Germany-based Dresden Papier, which according to the American firm is "the leading global supplier of nonwoven wallpaper base materials."
- [By Marc Bastow]
Specialty papers and and fiber-based materials manufacturer P.H. Glatfelter (GLT) raised its quarterly dividend 10% to 11 cents per share, payable May 1 to shareholders of record as of April 3.
GLT Dividend Yield: 1.44%
Best Dow Dividend Companies To Buy Right Now: Royale Energy Inc.(ROYL)
Royale Energy, Inc. operates as an independent oil and natural gas producer in the United States. It engages in the production and sale of oil and natural gas; acquisition of oil and gas lease interests and proved reserves; drilling of exploratory and development wells; and sale of working interests in wells to be drilled. The company also owns wells and leases located principally in the Sacramento Basin and San Joaquin Basin in California, as well as in Utah, Texas, and Louisiana. In addition, it holds proved developed producing reserves of oil and natural gas in Texas and Louisiana. As of December 31, 2009, Royale Energy operated 52 natural gas wells in California; owned and operated 7 natural gas wells in Utah; and had non operating interests in 17 oil and gas wells in Texas, 3 in Oklahoma, 1 in California, and 2 in Louisiana. It also had proved developed reserves of 4,563 MMcf and total proved reserves of 4,617 MMcf of natural gas; and proved developed oil reserves of 16 Mbbl and total proved oil reserves of 16 Mbbl. The company was founded in 1986 and is based in San Diego, California.
Advisors' Opinion:- [By James E. Brumley]
With nothing more than a passing glance at Royale Energy, Inc. (NASDAQ:ROYL), it would be easy to dismiss it as just another volatile small caps... one of many small cap stocks that gets a little squirrelly every now and then. The longer you study the chart of ROYL, however, the clearer it becomes... this chart looks like it's coming out of a slightly bearish lull and working its way into an uptrends.
- [By James E. Brumley]
Does the name Royale Energy, Inc. (NASDAQ:ROYL) ring a bell? If you're a regular reader of the Small Cap Network site or newsletter, it might. Back on February 3rd, yours truly penned some bullish thoughts on the way ROYL was acting at the time. Given what we had seen up until that time, though Royale Energy had not yet begun to rally, the stock was getting within reach of a monster-sized breakout. Well, that breakout may be underway as of today.