News about

Fed Rumors Rattle Investors — Monday’s IP Market Recap

Mon, 13 May 2013 12:51:23 -0400

Fed Rumors Rattle Investors — Monday’s IP Market Recap

Mon, 13 May 2013 12:51:23 -0400

A report suggesting the Fed might finally slow quantitative easing unnerved Wall Street at Monday's open, though positive retail data helped level the boat.

7 Stocks to Sell Amid Dark Manufacturing Outlook

Mon, 06 May 2013 05:58:06 -0400

Cummins Hurt By Oil, Gas And Mining Slowdown; Q1 Profit Down 38%

Tue, 30 Apr 2013 09:30:20 -0400

Cummins notched a sharp drop in quarterly profit, driven lower by decreased demand from oil, gas and mining customers.

Wisconsin Governor Scott Walker Sees State's Business With China "Taking Off"

Sun, 21 Apr 2013 05:10:32 -0400

China’s slowing economic growth weighed down stock markets in Asia last week but one influential first-time visitor to the country views it as still holding plenty of business promise.

Dividend Investing: Beyond The Yield Grab

Thu, 18 Apr 2013 15:00:13 -0400

Don Wordell, manager of the $2.7 billion RidgeWorth Mid-Cap Value Fund, loves the financial discipline a steady dividend imposes on corporate managers, but isn’t easily swayed by a fat payout. In a recent discussion, Don explained why he's careful not to be blinded by yield and what makes him bullish in materials, industrials and energy.

Titan In The Line Of Fire As Mining Optimism Cools

Tue, 26 Mar 2013 15:30:10 -0400

The industrial sector has been hot this year, always a percent or two ahead of the broad market. The reasons for optimism have been sound, from a turn-around in the Chinese economy to the US housing recovery gaining steam. But that optimism may be cooling off and we need look no further than two big name equipment manufacturers to see it unfolding: Caterpillar (CAT) and Deere (DE). And one company in the direct line of fire of a machinery slow-down could be Titan International (TWI) , a global manufacturer of off-highway steel wheels and tires in the agricultural, earthmoving/construction and consumer markets. The mining industry, from metals to iron ore, has also seen earnings and outlooks take a hit recently, with names like Cliffs Natural Resources (CLF) and Joy Global (JOY) being sold as estimates soften. The gold miners are currently one of the lowest ranked industry groups in Zacks classification of 265 industries. Titan generally manufactures both wheels and tires for these markets and provides the value-added service of assembling the completed wheel-tire system. They offer a broad range of different products that are manufactured in relatively short production runs to meet original equipment manufacturers' specifications and/or aftermarket customer requirements. Special Offer: What you don’t own is just as important as what investments you do own. Top investing experts named names when it comes to securities to avoid in the year ahead. Get the results in this free downloadable report, 24 Widely-Held Investments You Should Sell Now. Earnings Picture Rolling the Wrong Way Despite reporting record annual results on February 25, 2013, the hiccup in Titan's growth outlook had been foreseen by the analysts since early this year. And missing the fourth quarter consensus EPS estimate of 47 cents by 80% didn't help. Here's the view from the Zacks proprietary Price & Consensus chart... Since that earnings report, the Zacks Consensus Estimate for 2013 has dropped by 10.4% to $2.41 per share while that for 2014 plummeted 16.6% to $2.75 per share. It's worth mentioning the record revenue picture here too. Revenue of $493.6 million represented a 22.5% improvement over the year-ago quarter. The impact was, however, negated by a 28.4% increase in cost of sales that led to a 12.0% fall in gross profit, and a big drop from the year-ago quarter's 37 cents EPS. Where the Big Wheels Meet the Dirt Decreasing earnings estimates together with a mixed bag of both positive and negative earnings surprise for the past year -- producing an average of miss of -9.6% -- raises skepticism over Titan International's performance in the quarters ahead. Titan is still projected by some analysts to have mid-teens earnings and sales growth. But until the estimate picture stabilizes, it's probably best to stand aside. Watching how CAT and DE estimates shake out would be a good idea too. Kevin Cook is a Senior Stock Strategist with Zacks.com

Caterpillar's Chinese Disaster Has Us Wondering, What Else?

Mon, 11 Feb 2013 12:54:07 -0500

By Emily Lambert

The Kiwi’s Going Down – and Why You Should Care

Wed, 06 Feb 2013 23:55:52 -0500

Will Steel Stocks Hold Up Under Pressure?

Tue, 29 Jan 2013 03:33:21 -0500

CAT: A Master of Managing Expectations

Mon, 28 Jan 2013 08:39:05 -0500

CAT: A Master of Managing Expectations

Mon, 28 Jan 2013 08:39:05 -0500

It carefully prepared Wall Street for a crummy earnings report, and was then able to easily beat the lowered forecasts -- which cheered investors.

3 Stocks With Promising Options Activity

Thu, 24 Jan 2013 05:44:29 -0500

Heavy put volume tends to indicate some low expectations -- but the nice thing about low expectations is they're easy to beat. Here are 3 stocks that could benefit.

3 Stocks With Promising Options Activity

Thu, 24 Jan 2013 05:44:29 -0500

ETF Alternatives for Last Week’s Hot Stocks

Mon, 17 Dec 2012 06:27:17 -0500

Some of InvestorPlace's top stock picks in MLPs, machinery makers and dollar stores can be wrapped up into more secure bundles via exchange-traded funds.

ETF Alternatives for Last Week’s Hot Stocks

Mon, 17 Dec 2012 06:27:17 -0500

Share in the Joy of Mining Infrastructure

Thu, 13 Dec 2012 05:55:20 -0500

Mining equipment company Joy Global faces headwinds, but it has the management to blast through them ... maybe to the point of a stock doubler.

Share in the Joy of Mining Infrastructure

Thu, 13 Dec 2012 05:55:20 -0500

4 Last-Minute Third-Quarter Earnings Plays

Mon, 03 Dec 2012 08:54:04 -0500

A few more major and semi-major names are trickling in Q3 earnings through year's end; of them, four look like buys before they report.

4 Last-Minute Third-Quarter Earnings Plays

Mon, 03 Dec 2012 03:54:04 -0500

Profit From These December Earnings Disasters

Sun, 02 Dec 2012 09:00:11 -0500

These 4 companies will release latest quarter earnings in December and investors can bet those earnings will not be as good as the Street hopes: take advantage

Profit From These December Earnings Disasters

Sun, 02 Dec 2012 04:00:11 -0500

Caterpillar Keeps on Producing Retirement Dividends

Thu, 29 Nov 2012 04:00:09 -0500

Caterpillar is positioned to take advantage of growth in both domestic and foreign markets, and its dividend should keep growing for investors

Caterpillar Keeps on Producing Retirement Dividends

Wed, 28 Nov 2012 20:00:08 -0500

5 Stocks Heading for the Industrial Cliff

Tue, 02 Oct 2012 08:01:25 -0400

An industrial cliff is just around the corner as recent warnings should provide investors with the idea that earnings for industrial companies will be soft.

5 Stocks Heading for the Industrial Cliff

Tue, 02 Oct 2012 04:01:25 -0400

Bearish Bets on a ‘Kill-JOY’ Market

Mon, 18 Jun 2012 09:01:21 -0400

As economies around the world slow, Joy Global could watch its floor drop even further. Here's a bullish options strategy to play a fall in JOY.

Bearish Bets on a ‘Kill-JOY’ Market

Mon, 18 Jun 2012 09:01:21 -0400

3 Reasons to Buy Joy Global on the Dip

Wed, 06 Jun 2012 13:06:44 -0400

Mining equipment manufacturer Joy Global has been pummeled since March. But don't join the bearish crowd -- travel upstream for this value play.

3 Reasons to Buy Joy Global on the Dip

Wed, 06 Jun 2012 13:06:44 -0400

ETF Alternatives for Last Week’s Hot Stocks

Mon, 27 Feb 2012 10:40:53 -0500

ETF Alternatives for Last Week’s Hot Stocks

Mon, 27 Feb 2012 10:40:53 -0500

Prisons, social media, mining gear, snack foods and nutritional supplements are covered in this week's roundup of ETF alternatives.