Jeffrey Gundlach, manager of the top-performing DoubleLine Total Return Bond Fund, is expanding to variable annuities by subadvising a fund modeled after his flagship for Prudential Plc's Jackson National Life Insurance.
DoubleLine received a $450 million mandate from Jackson for the Curian/DoubleLine Total Return Fund, which plans to invest more than half its assets in mortgage-backed securities, according to a statement today from Los Angeles-based DoubleLine. The fund, to be run by DoubleLine Chief Executive Officer Gundlach and President Philip Barach, can also bet on junk bonds, bank loans and credit-default swaps.
“This mandate marks the continuing institutional interest in DoubleLine's investment services and our channel diversification into the variable-annuity space,” Ron Redell, president of DoubleLine Funds Trust, said in the statement.
Top 5 Beverage Stocks To Buy Right Now: C.H. Robinson Worldwide Inc.(CHRW)
C.H. Robinson Worldwide, Inc., a third-party logistics company, provides multimodal freight transportation services and logistics solutions to companies in various industries worldwide. It offers freight transportation services through its contractual relationships with various transportation companies, including motor carriers, railroads, air freight carriers, and ocean carriers. The company has contractual relationships with approximately 49,000 transportation companies. Its transportation and logistics services include truckload, less-than-truckload, intermodal, ocean, and air freight transportation, as well as transportation management, customs brokerage, and warehousing services. In addition, it engages in buying, selling, and marketing fresh produce to grocery retailers, restaurants, produce wholesalers, and foodservice distributors under the Fresh 1 and OurWorld Organics names, as well as under Tropicana, Welch?s, Mott?s, and Glory Foods names. Further, the company provides spend management and payment processing services through a platform that facilitates funds transfer, vendor payments, fuel purchasing, and online expense management primarily for motor carriers and truck stop chains. It operates through a network of 232 branch offices in North America, Europe, Asia, South America, Australia, and the Middle East. C.H. Robinson Worldwide, Inc. was founded in 1905 and is headquartered in Eden Prairie, Minnesota.
Advisors' Opinion:- [By John Kell]
Among the companies with shares expected to actively trade in Wednesday’s session are Aramark Holdings Corp.(ARMK), C.H. Robinson Worldwide Inc.(CHRW) and Merck(MRK) & Co.
- [By Lisa Levin]
CH Robinson Worldwide (NASDAQ: CHRW) shares fell 0.70% to touch a new 52-week low of $50.61. CH Robinson's trailing-twelve-month profit margin is 3.26%.
Top Industrial Disributor Stocks To Buy Right Now: Vodafone Group PLC (VOD)
Vodafone Group Plc (Vodafone), incorporated in 1984, is a mobile communications company operating across the globe providing a range of communications services. The Company offers a range of products and services, including voice, messaging, data and fixed-line solutions and devices to assist customers in meeting their total communications needs. Vodafone has a global presence, with equity interests in over 30 countries and over 40 partner markets worldwide. It operates in three geographic regions: Europe, Africa and Central Europe; Asia Pacific, and the Middle East, and has an investment in Verizon Wireless in the United States. In October 2010, Vodafone Global Enterprise, the business within Vodafone, announced the acquisition of two telecom expense management (TEM) companies, Quickcomm and TnT Expense Management. In November 2011, the Company sold 24.4% interest in Polkomtel in Poland. In March 2012, Verizon Wireless, which is a joint venture of Verizon Communications Inc. and Vodafone, purchased the operating assets of Cellular One of Northeast Pennsylvania from the Company. In April 2012, its Netherlands-based division, Vodafone Libertel BV, acquired Telespectrum-DJ. On October 31, 2012, the Company acquired TelstraClear Limited. In May 2013, Vodafone Group Plc announced launch of its carrier services business unit.
In Europe, the Company�� mobile subsidiaries and joint venture operate under the brand name Vodafone. Its associate in France operates as SFR and Neuf Cegetel, and its fixed-line communication businesses operate as Vodafone, Arcor, Tele2 and TeleTu. Vodafone�� subsidiaries in Africa and Central Europe operate under the Vodafone brand, or in the case of Vodacom and its mobile subsidiaries, the Vodacom and Gateway brands. Its joint venture in Poland operates as Polkomtel and its associate in Kenya operates as Safaricom. The Company�� subsidiaries and joint venture in Fiji operate under the Vodafone brand, and its joint venture in Australia operates under the brands V! odafone and 3. The Company�� associate in the United States operates under the brand Verizon Wireless.
Vodafone has an international customer base with 370 million mobile customers across the world as of March 31, 2011. Vodafone also caters to all business segments ranging from small-office-home-office (SoHo) and small-medium enterprises (SMEs) to corporates and multinational corporations. Through its subsidiaries, Vodafone directly owns and manages approximately 2,200 stores around the world. The Company also has around 10,300 Vodafone-branded stores run through franchise and exclusive dealer arrangements.
The Company�� range of handsets covers all its customer segments and price points, and is available in a variety of designs. During the fiscal year ended March 31, 2011 (fiscal 2011), 14 new handsets were released under its own brand and it shipped 5.8 million. In addition to handsets, it supplies a range of connected smart devices. It supplies the iPhone in 19 markets. During fiscal 2011, the Company launched its USB stick based on 4G/LTE technology in Germany and Verizon Wireless launched in the United States.; Vodafone WebBox; a smartphone roaming data plan that allows the European customers to use their home data plan abroad for only 2 a day to access the Internet, emails and applications; the Android-powered Vodafone 845 and 945 devices; Vodafone TV services; Vodafone 252, which comes pre-loaded with Vodafone M-Pesa for mobile payment services and a prepaid balance indicator that helps customers to keep track of their phone credit to avoid overspending; Vodafone M-Pesa in South Africa, Qatar and Fiji; 3G services in India, and LTE services by acquiring LTE spectrum in Germany.
The Company is a carrier of mobile voice traffic in the world providing domestic, international and roaming voice services to more than 370 million customers. Its networks sent and received over 292 billion text, picture, music and video messages during fiscal 2011. The Company ! serves mo! re than 75 million customers with data services, which allow access to the Internet, email and applications on their phones, tablets, laptops and netbooks. The Company provides a range of data products, including Machine-to-machine (��2M�� connections, which allow devices to communicate with one another via built-in mobile SIM cards; Third party billing; Financial services; Near field communication (��FC��, and Mobile advertising. The Company, as of March 31, 2011, served 5.3 million M2M connections around the world. NFC allows communication between devices when they are touched together or brought within a few centimetres of each other. The Company has mobile advertising business in 18 countries with a range of capabilities. Over six million customers use its fixed broadband services in 13 markets to meet their total communications needs. In addition, through Gateway, it provides wholesale carrier services to more than 40 African countries. Other service revenue includes business managed services, such as secure remote network access, and revenue from mobile virtual network operators generated from selling access to its network at the wholesale level. The Company�� enterprise customers range from small-office-home-office (��oHo�� businesses and small to medium-sized enterprises (��MEs��, through to domestic and multinational companies. The Company has 34 million enterprise customers accounting for around 9% of all customers and around 23% of service revenue. The Company focuses on SoHos and SMEs to provide customers with integrated fixed and mobile communications solutions. Vodafone Global Enterprise manages the communication needs of over 560 of the multinational corporate customers. It provides a range of managed services, such as Central Ordering, Device Manager, Spend Manager Solutions, Invoice Manager, Vodafone Neverfail and Telecoms management. The Company offers a range of total communications applications, as well as services for enterprise and consumer customers. Vodafone Alw! ays Best ! Connected software enables customers to stay connected to the Internet on the available connection wherever they are by automatically managing the switching between connection types including mobile broadband, Wi-Fi and LAN. Vodafone PC Backup is an online back-up and restores service that enables users to remotely store data securely and automatically via their Internet connection.
Advisors' Opinion:- [By WALLSTCHEATSHEET]
Vodafone provides telecommunications services and related products around the world. The company is currently in discussions to sell its stake in Verizon Wireless. The stock has been trending higher and is currently trading at highs for the year. Over the past four quarters, investors have been relatively pleased with the company, as earnings and revenues have been mixed. Relative to its peers and sector, Vodafone has been a year-to-date performance leader. Look for Vodafone to OUTPERFORM.
- [By Dividend Mantra] nounced the sale of it's 45% stake in the Verizon Wireless (VZW) joint venture it started with Verizon Communications Inc. (VZ) back in 2000. It seems almost from the start VZ has been trying to gain 100% control of it's wireless business. And who can blame them? This is a 13-year saga that has finally come to a close.
I have a fairly substantial position in VOD, as I currently own 150 shares of Vodafone worth $4,801.05based on today's closing value of $32.01 per ADR share. It's important to note that VOD is based in the U.K., and as such I invest in the company through American Depository Receipt shares. Each VOD ADR is worth 10 ordinary shares.
I've long been a fan of Vodafone.
I've been a very happy investor in Vodafone, as it carried less debt than other major telecommunication companies, had much less exposure to legacy costs associated with wireline businesses because they're primarily a wireless company and they had broad geographic exposure to Europe, India, Africa, Australia and the U.S. (through 45% of VZW). In addition, it's always seemed that the market discounted it's assets, as they were usually cheaper than most of the other options and generally had higher quality assets that had broader exposure throughout the world.
But I'm not a fan of this sale.
I'll be completely honest and admit I'm not a huge fan of this transaction. As a value investor, I would have preferred Vodafone stay intact with wonderful telecom assets throughout the world, a healthy balance sheet, broad exposure and a cheap valuation. However, this sale was bound to happen sooner or later and the time seemed right. Interest rates are still low enough to provide VZ an opportunity to finance a good portion of the deal via newly issued debt and VOD had long had issue with not being able to control the dividend payout from the joint venture because it lacked majority control.
Management should be commended, however.
Furthermore, I believe mana
Top Industrial Disributor Stocks To Buy Right Now: iShares MSCI Russia Capped ETF (ERUS)
iShares MSCI Russia Capped ETF (the Fund), formerly iShares MSCI Russia Capped Index Fund,, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance of the MSCI Russia 25/50 Index (the Underlying Index). The Underlying Index is a free-float adjusted market capitalization weighted index designed to measure the performance of equity securities in the top 85% by market capitalization of equity securities listed on stock exchanges in Russia. The Underlying Index is a customized variation of the MSCI Russia Index, designed to cap certain weightings to take into account the investment diversification requirement applicable to regulated investment companies. The Fund�� investment advisor is BlackRock Fund Advisor. Advisors' Opinion:- [By Charles Sizemore]
But what exactly are you buying when you buy Russian stocks? Let�� take a look under the hood at the ETFs that track the Russian market: the Market Vectors Russia ETF (RSX), the iShares MSCI Russia Capped Index (ERUS) and the SPDR S&P Russia (RBL).
- [By Barbara Kollmeyer]
As for U.S. investor exposure, the pain was there for all to see as the week wound down. Among exchange-traded funds, the iShares MSCI Russia ETF (ERUS) �and the SPDR S&P Russia ETF (RBL) �each fell more than 6% for the week, contrasting with a 0.1% gain for the iShares MSCI Emerging Markets ETF (EEM) .
Top Industrial Disributor Stocks To Buy Right Now: Unilever NV (UNA)
Unilever N.V. (NV) is a supplier of fast moving consumer goods. The two parent companies, NV and Unilever PLC (PLC), together with their group companies, operate as the Unilever Group (Unilever). The Company�� four product areas are Personal Care, Foods, Refreshment and Home Care. The Company's personal care, which includes sales of skincare and haircare products, deodorants and oral care products; foods, which includes sales of soups, bouillons, sauces, snacks, mayonnaise, salad dressings, margarines and spreads; refreshment, which includes sales of ice cream, tea-based beverages, weight-management products and nutritionally enhanced staples sold in developing markets and home care, which includes sales of home care products, such as laundry tablets, powders and liquids, soap bars and a range of cleaning products. Advisors' Opinion:- [By Inyoung Hwang]
Unilever (UNA) slipped 2.8 percent to 27.94 euros after saying sales growth slowed as trading in emerging markets deteriorated at a faster rate. Underlying group sales for the three months will rise 3 percent to 3.5 percent, the maker of Lipton tea and Dove soap said late yesterday in a statement. That compares with 5 percent growth in both the first half and second quarter.
- [By Adi Narayan]
Unilever (UNA) fell short on its public offer to raise its majority holding in Hindustan Unilever Ltd. (HUVR) to 75 percent, ending up with about a two-thirds stake after some shareholders of the Mumbai-based company opted not to sell.
No comments:
Post a Comment