Rural Electrification Corporation (REC) has come out with a tax free bond issue offering 7.72% and 7.88% to the retail investors for a tenure of 10 years and 15 years, respectively. Interest received on the bond is fully exempt from income tax. The pre-tax yield on the bond for the highest tax bracket investors, therefore, works out to 11.17% and 11.40% for 10 years and 15 years, respectively, which is higher than the 8.5-9% yield on bank fixed deposit and other stable fixed income instruments. Given that REC is a government owned company, credit risk is very low. Hence, the REC tax free bond appears attractive vis-�-vis other fixed income instruments currently available for long term fixed income investment.
The Central Government, in exercise of the powers conferred by Section 10(15)(iv)(h) of the Income Tax Act, 1961, authorises REC to issue during FY12-13, tax free, secured, redeemable, non-convertible bonds up to Rs 5000 crore. Pursuant to the CBDT circular, the company has raised Rs 500 crore through private placement. Hence, the shelf limit stands reduced to Rs 4500 crore.
Best High Tech Stocks To Buy Right Now: Ascot Resources Ltd. (AOT.V)
Ascot Resources Ltd., a junior resource company, engages in the acquisition, exploration, evaluation, and development of mineral properties in the North America. Its properties include the Mt. Margaret porphyry copper-molybdenum-gold-silver located to the southwest of Randle Washington in Skamania county; the Premier gold mine located to the north of Stewart, British Columbia; the Dilworth property located to the north of Stewart, north western British Columbia; and the Swamp Point aggregate property, a sand and gravel deposit, located on the Portland Canal in northwestern British Columbia. The company was incorporated in 1986 and is headquartered in Vancouver, Canada.
Best High Tech Stocks To Buy Right Now: Renewable Energy Generation Ltd (WIND)
Renewable Energy Generation Limited (REG) is a wind power and bio power company. The principal activity of the Company and its subsidiaries is development, construction and operation of renewable energy facilities across the United Kingdom. The Company operates in two segments: wind energy generation and bio power generation. In addition, the Company had 10 megawatts of new plant under construction, seven wind sites totaling around 36 megawatts moving to construction and over 40 megawatts of short term operating reserve (STOR) projects available for construction as of June 30, 2012. In September 2013, the Company announced the sale of its 12 megawatt operational wind farm at Goonhilly Downs in Cornwall to a fund managed by BlackRock (BlackRock).Top 5 Dividend Companies To Buy Right Now: The Andersons Inc.(ANDE)
The Andersons, Inc. engages in the grain, ethanol, plant nutrient, railcar leasing and repair, turf products production, and general merchandise retailing businesses. It operates in six segments: Grain, Ethanol, Rail, Plant Nutrient, Turf & Specialty, and Retail. The Grain segment operates grain elevators; and is involved in the storage, merchandising, and trading of grains, as well as offers marketing, risk management, and corn origination services to its customers. The Ethanol segment operates three ethanol production facilities; and provides facility operations, risk management, and ethanol and distillers dried grains marketing to the ethanol plants. The Rail segment buys, sells, leases, rebuilds, and repairs a fleet of approximately 23,000 railcars and locomotives; offers fleet management services to private railcar owners; engages in metal fabrication business; and invests in short-line railroad. The Plant Nutrient segment manufactures, distributes, and retails dry an d liquid agricultural nutrients, and pelleted lime and gypsum products to agricultural farm supply dealers; and essential crop nutrients, crop protection chemicals, and seed products, as well as provides application and agronomic services to commercial and family farmers. This segment also offers warehousing, packaging, and manufacturing services to manufacturers and other distributors; and various industrial products, including nitrogen reagents for air pollution control systems. The Turf & Specialty segment produces granular fertilizer and control products for the turf and ornamental markets; and fertilizer and control products, and corncob-based animal bedding and cat litter for the consumer markets. The Retail segment operates The Andersons retail stores; The Andersons Market, a specialty food market; a distribution center; and a lawn and garden equipment sales and service shop. The Andersons, Inc. was founded in 1947 and is headquartered in Maumee, Ohio.
Advisors' Opinion:- [By Michael Vodicka]
The Anderson's, Inc. (ANDE) is an agriculture conglomerate, operating in 5 divisions that includes a rail shipping and nutrient business. But its Grain division is its biggest, accounting for more than 60% of revenue, where the company is a wholesaler of grain and grain storage services. The company's share price has been hot in 2013, posting a market and industry crushing return of 58%. Take a look below.
- [By Paul Ausick]
Ethanol producers like Pacific Ethanol Inc. (NASDAQ: PEIX), The Andersons Inc. (NASDAQ: ANDE) and Archer Daniels Midland Co. (NYSE: ADM), as well as other members of the trade group Renewable Fuels Association (RFA), are mightily displeased by this EPA proposal. Refiner and ethanol producer Valero Corp. (NYSE: VLO), which is not a member of the trade group, has been among the loudest critics of the higher blending requirements.
- [By Jon C. Ogg]
The Andersons Inc. (NASDAQ: ANDE) was downgraded to Hold from Buy at BB&T Capital Markets.
Buckeye Partners L.P. (NYSE: BPL) was downgraded to Neutral from Overweight at J.P. Morgan.
Best High Tech Stocks To Buy Right Now: Baxter International Inc. (BAX)
Baxter International Inc., through its subsidiaries, develops, manufactures, and markets products for people with hemophilia, immune disorders, infectious diseases, kidney disease, trauma, and other chronic and acute medical conditions. It operates in three segments: BioScience, Medication Delivery, and Renal. The BioScience segment processes recombinant and plasma-based proteins to treat hemophilia and other bleeding disorders; plasma-based therapies to treat immune deficiencies, alpha 1-antitrypsin deficiency, burns and shock, and other chronic and acute blood-related conditions; products for regenerative medicine, such as biosurgery products; and vaccines. The Medication Delivery segment manufactures intravenous solutions and administration sets; premixed drugs and drug-reconstitution systems; pre-filled vials and syringes for injectable drugs; intravenous nutrition products; infusion pumps; and inhalation anesthetics. It also offers products and services related to pha rmacy compounding, drug formulation, and packaging technologies. The Renal segment provides products to treat end-stage renal disease or irreversible kidney failure. It manufactures solutions and other products for peritoneal dialysis, a home-based therapy; and distributes product for hemodialysis, which is conducted in a hospital or clinic. It markets its products to hospitals, kidney dialysis centers, nursing homes, rehabilitation centers, doctors? offices, clinical and medical research laboratories, and patients at home under physician supervision. The company was founded in 1931 and is based in Deerfield, Illinois.
Advisors' Opinion:- [By James E. Brumley]
To give credit where it's due, Cytomedix, Inc. (OTCBB:CMXI) and Baxter International Inc. (NYSE:BAX) have both helped shape the landscape of the hemostasis (bleeding control) market with their products, AutoloGel and TISSELL, respectively. Arch Therapeutics Inc. (OTCBB:ARTH) has proverbially taken their concepts "up a notch", however, and its direct solution to a problem that CMXI and BAX can't quite solve may make ARTH the hottest trading candidate in the hemostasis space.
- [By Seth Jayson]
Basic guidelines
In this series, I examine inventory using a simple rule of thumb: Inventory increases ought to roughly parallel revenue increases. If inventory bloats more quickly than sales grow, this might be a sign that expected sales haven't materialized. Is the current inventory situation at Baxter International (NYSE: BAX ) out of line? To figure that out, start by comparing the company's inventory growth to sales growth. How is Baxter International doing by this quick checkup? At first glance, not so great. Trailing-12-month revenue increased 1.8%, and inventory increased 8.3%. Comparing the latest quarter to the prior-year quarter, the story looks decent. Revenue grew 1.8%, and inventory increased 8.3%. Over the sequential quarterly period, the trend looks worrisome. Revenue dropped 8.1%, and inventory grew 5.7%. - [By Maxx Chatsko]
There is plenty of good news to support the 30% move made by�Baxter (NYSE: BAX ) shares in the past year. The company's dividend has risen 44% in that time frame. Sales, earnings, and cash flow notched record highs in 2012, which enabled the company to make $1.2 billion in capital investments and spend $2.3 billion on dividends and share repurchases. Last year also marked at least five straight years of growing dividend payments and revenue. Not too bad. �
- [By Jeff Reeves]
Healthcare giant Baxter (BAX) partly fits this mold, but is better than some of the megacaps in pharma because it is more specialized. Baxter provides sophisticated treatments for immune disorders, kidney disease and other specific medical conditions — meaning it might navigate competition and patent trouble better thanks to specialization.
Best High Tech Stocks To Buy Right Now: Timberline Resources Corp (TLR)
Timberline Resources Corporation (Timberline), incorporated on August 28, 1968, is an exploration-stage company. The Company is engaged in evaluating, acquiring and exploring mineral prospects with potential for economic deposits of precious and base metals. In June 2010, the Company acquired Staccato Gold Resources Ltd., which is engaged in the business of acquiring, exploring and developing mineral properties with a focus on gold exploration in the gold producing trends in Nevada. In September 2010, the Company closed its drilling services operation in Mexico, which was operated by its wholly owned Mexican subsidiary, World Wide Exploration, S.A. de C.V. (WWE). In October 2011, the Company sold its wholly owned contract drilling subsidiary, Timberline Drilling, Inc. In November 2011, the Company announced the sale of its wholly owned contract drilling subsidiary, Timberline Drilling, Inc. (TDI).
As of December 2010, Timberline had acquired mineral prospects for exploration in Nevada, Montana and Idaho mainly for commodities of gold, silver, zinc and copper. The prospects are held by both patented and unpatented mining claims owned directly by the Company or through agreements conveying exploration and development rights to the Company.
Nevada Gold Properties
Nevada Gold Properties consist of South Eureka Property, which comprises 845 unpatented and 15 patented claims and several projects, including Lookout Mountain, Hiero/Syracuse, Windfall Patents, South Ratto, Hoosac/North Amselco and New York Canyon. The South Eureka property is located five miles south and southwest of the town of Eureka, within the southern part of the Eureka mining district of Eureka County, Nevada, within T19N, R53E and unsurveyed T17N and T18N, R53E at the southern end of the Cortez Trend (Battle Mountain/Eureka Trend).
The Hoosac/North Amselco project comprises the Hoosac, North Amselco, and South Rustler/W-claim groups. As of September 30, 2010, the Hoosac and North Amse! lco claims were owned by the Company and were under lease to DFH Co., a subsidiary of Royal Gold, Inc. As of September 30, 2010, the Lookout Mountain project had 373 unpatented claims; South Ratto had 108 unpatented claims, and New York Canyon had 45 unpatented claims. As of September 30, 2010, the Company held 72% interest in the ICBM Project (Cortez/Battle Mountain Trend) and is the operator of the ICBM joint venture. The ICBM Joint Venture Project (Timberline/Barrick) is located in the Battle Mountain Mining District, Lander County, Nevada.
Montana Gold Properties
Montana Gold Properties consist of Butte Highlands Gold Project, which is located approximately 15 miles south of Butte, Montana in Silverbow County. The property covers 1,142 acres consisting of a combination of patented and unpatented mining claims. As of September 30, 2010, the Butte Highlands Gold Project claims included BHC 1 thru BHC 61, MC 1 thru MC 48, J.B. Thompson, Main Ripple, Murphy, Only Chance, Purchance, Red Mountain, Main Chance, Island, Atlantic, Barnard and Pony Placer.
Idaho Copper-Silver Property
Idaho Copper-Silver Property consists of the Snowstorm Prospect and the Spencer Prospect. The Snowstorm property is located in two miles northeast of the Lucky Friday Mine near Mullan in Shoshone County, Idaho. Timberline controls 100% of the Snowstorm Project. As of September 30, 2010, Timberline controls 100% of the Snowstorm Project. The Spencer prospect covers 640 acres on the western end of the Kilgore-Spencer Trend. As of September 30, 2010, Timberline did not consider the Snowstorm prospect and the Spencer Prospect to be a material property.
Montana Copper-Silver Properties
Montana Copper-Silver Properties comprises four properties, such as The Minton Pass, East Bull, Standard Creek, Lucky Luke, Clear Peak and Copper Rock Prospects. These properties are considered early-stage exploration prospects. As of September 30, 2010, Timberline did no! t conside! r any of the Minton Pass, East Bull, Standard Creek, Lucky Luke, Clear Peak or Copper Rock prospects to be material properties.
Best High Tech Stocks To Buy Right Now: Trafford Resources Ltd(TRF.AX)
Trafford Resources Limited engages in the mineral exploration activities in Australia. It primarily explores for iron oxide, copper, gold, silver, lead, zinc, and uranium deposits. The company primarily holds interests in the Wilcherry Hill project covering 976 square kilometers located in South Australia; and the Lynas Find project consisting of 10 granted prospecting licenses covering approximately 792 hectares located in the Pilbara region of Western Australia. Trafford Resources Limited is based in West Perth, Australia.
Best High Tech Stocks To Buy Right Now: Patriot Coal Corporation(PCX)
Patriot Coal Corporation engages in the mining, production, and sale of thermal coal primarily to electricity generators in the eastern United States. It has operations and coal reserves in the Appalachia and the Illinois Basin coal regions. The company is also involved in the production of metallurgical quality coal and sells it to steel mills and independent coke producers. As of December 31, 2011, Patriot Coal Corporation operated 11 active mining complexes in West Virginia; and 3 mining complexes in western Kentucky. In addition, it controlled approximately 1.9 billion tons of proven and probable coal reserves that comprise metallurgical coal and medium and high-Btu thermal coal, with low, medium, and high sulfur content. The company, through its subsidiary, Magnum Coal Company, operates eight mining complexes with production from surface and underground mines in Appalachia, as well as controls approximately 600 million tons of proven and probable coal reserves. Patrio t Coal Corporation is based in St. Louis, Missouri.
Best High Tech Stocks To Buy Right Now: Traverse Energy Ltd(TVL.V)
Traverse Energy Ltd., a resource company, engages in the exploration for, and the development and production of natural gas, natural gas liquids (NGL), and crude oil in Western Canada. As of 31 December 31, 2010, its asset base included proved and probable reserves of 800.3 million cubic feet of natural gas, and 146.5 thousands of barrels of oil and NGL; and an inventory of undeveloped lands totaling 156,000 gross acres. The company was formerly known as Firstland Energy Limited and changed its name to Traverse Energy Ltd. in June 2009. Traverse Energy Ltd. was incorporated in 1995 and is headquartered in Calgary, Canada.
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