Apple, Inc. (NASDAQ;AAPL) began sales of its latest iPhones on Sept.20, hoping that the strong demand for the new devices would help it to consolidate its position in the smartphone market.
The long queue at the US stores, after sales kicked off in Australia, Japan, China and Europe, blew-away the notion that Apple has been losing on the innovative front and pricing strategy, especially with its low cost iPhone 5C.
Apple priced the 16GB iPhone 5S at $199 with a two-year contract, or $649 without while the 5C costs $99 and $549, respectively. Virtually, the price difference between iPhone 5S and 5C is only $100, and that was the main worry for the Wall Street.
But, both the devices as well as the operating system iOS7 are getting positive reviews from all quarters. Walter Mossberg of The Wall Street Journal recommends iPhone 5s "for anyone looking for a premium, advanced smartphone." He calls the phone's Touch ID fingerprint sensor "a potentially game-changing hardware feature" and iOS 7 "a radically new operating system."
Top 5 Safest Companies To Watch In Right Now: CNOOC Limited(CEO)
CNOOC Limited, through its subsidiaries, engages in the exploration, development, production, and sale of crude oil, natural gas, and other petroleum products. The company?s oil and natural gas properties are located in offshore China, which include Bohai Bay, western south China Sea, eastern south China Sea, and east China Sea, as well as in Indonesia, Iraq, and other regions in Asia; and Oceania, Africa, North America, and South America. As of December 31, 2010, the company had net proved reserves of approximately 2.99 billion barrels-of-oil equivalent, including approximately 1.92 billion barrels of crude oil and 6,458.3 billion cubic feet of natural gas. It also provides bond issuance services; and has a joint venture with Bridas Energy Holdings. CNOOC Limited was founded in 1982. The company is headquartered in Central, Hong Kong, and is considered a Red Chip company due to its listing on the Hong Kong Stock Exchange. CNOOC Limited is a subsidiary of China National Of fshore Oil Corporation.
Advisors' Opinion:- [By Holly LaFon]
Liberty Media Corp. (0.6%; 1.2%) (LMCA)($47.18 - NASDAQ; LMCK - $46.99 - NASDAQ) is a diversified investment vehicle guided by cable television pioneer John Malone (Chairman) and former Microsoft (0.4%) CFO Greg Maffei (CEO). The company owns over half of satellite radio provider Sirius XM, 27% of cable operator Charter Communications, the Atlanta Braves baseball club, and stakes in several other public and private entities. Malone and Maffei have created significant value for shareholders over the past several years as they taxefficiently distributed, traded, or sold interests in Discovery Communications (1.2%), News Corp. (0.5%), Time Warner Inc. (1.4%), DIRECTV (2.9%), Starz and QVC among others. Liberty announced it would spin-off its cable investments, including Charter, into a new company known as Liberty Broadband late in 2015. The remaining Liberty Media could then be merged into Sirius XM, a plan proposed and abandoned early in 2014.
- [By Rich Smith]
In a deal being described as its biggest international bond offering ever, and the largest dollar bond offering in all of Asia in at least the past decade, Chinese oil major CNOOC (NYSE: CEO ) announced Friday that it will issue $4 billion worth of dollar-denominated bonds. These include:�$750 million worth of 1.125% guaranteed notes due 2016,�$750 million worth of 1.750% guaranteed notes due 2018,�$2 billion in 3.000% guaranteed notes due 2023, and�$500 million in 4.250% guaranteed notes due 2043.
- [By Arjun Sreekumar]
For instance, Chesapeake's 2010 agreement with China's largest energy company, CNOOC (NYSE: CEO ) , allowed CNOOC to purchase one-third undivided interest in a portion of Chesapeake's Eagle Ford assets in exchange for financing 75% of Chesapeake's drilling and completion expenses.
Top 10 China Stocks To Watch For 2014: BHP Billiton Limited(BHP)
BHP Billiton Limited, together with its subsidiaries, operates as a diversified natural resources company worldwide. The company engages in the exploration, development, and production of oil and gas; mining and refining of bauxite into alumina, and smelting of alumina into aluminum metal; and mining of copper, silver, lead, zinc, molybdenum, uranium, gold, diamonds, and titanium minerals, as well as development of potash deposits. It also involves in the mining and production of nickel products, manganese ore, and manganese metal and alloys, as well as in the mining of iron ore, metallurgical coal, and thermal coal. BHP Billiton Limited sells its copper, lead, and zinc concentrates, and alumina to smelters; copper cathodes to wire rod mills, brass mills, and casting plants; uranium oxide to electricity generating utilities; rough diamonds to diamond buyers and diamond manufacturers; nickel products to stainless steel, specialty alloy, foundry, chemicals, and refractory ma terial industries; metallurgical coal to steel producers; and energy coal to power stations, power generators, and industrial users. The company, formerly known as BHP Limited, was founded in 1885 and is headquartered in Melbourne, Australia.
Advisors' Opinion:- [By Daniel Jennings]
If approved by Mexico's state legislatures, the law will give oil and gas companies such as Exxon Mobil (NYSE: XOM), Chevron (NYSE: CVX), Apache Corp (NYSE: APA), BHP Billiton (NYSE: BHP) and ConocoPhillips (NYSE: COP) access to the largest unexplored oil fields south of the Arctic Circle.
- [By Ben Levisohn]
Shares of Cliffs Natural Resources have slid 3.9% to $15.73 at 11:13 a.m., while other iron miners have gotten hits as well. Rio Tinto (RIO) has dropped 2.8% to $53.04, BHP Billiton (BHP) has fallen 1.3% to $69.18 and Vale (VALE) is off 0.7% at $12.98.
- [By Ben Levisohn]
It’s been a bad day for iron miners like iron miners like BHP Billiton (BHP), Rio Tinto (RIO) and Vale (VALE) after Morgan Stanley cut its iron-ore price estimates. For Cliffs Natural Resources (CLF), the damage could be even worse.
ReutersMorgan Stanley’s Evan Kurtz�and team explain why they think Cliffs Natural resources’ dividend is imperiled by lower iron-ore prices:
Morgan Stanley�� commodity team is lowering its iron price deck (2014 estimate falling to $105/t from $118/t and 2015 estimate declining to $90/t from $114/t)…Given weak pricing, we believe Cliffs could violate its credit facility�� max Funded Debt to EBITDA covenant. We forecast Funded Debt to EBITDA rising to ~4.0x by year-end 2014 vs. the permitted maximum of 3.5x. Without a renegotiation of terms, we think Cliffs could potentially be precluded from accessing its credit facility…
Given reduced cash flow generation and the possibility of a covenant violation, we believe the dividend may be at risk of being cut, particularly if the company acts to defend its credit rating. The common dividend requires ~$92m annually, rising to $108m after the preferred shares convert in 2016. We believe the company may be close to FCF breakeven before dividend payments beginning in 2015.
In a letter to shareholders, Casablanca Capital explained why they think much of Cliffs Natural Resources’ board has to go.
Since we began our campaign to create value for all of Cliffs��shareholders late last year, we have consistently emphasized that the Company is substantially undervalued as a result of strategic missteps, blatant mismanagement and a misalignment of incentives between Cliffs��shareholders and its Board of Directors and management…
A majority of the current Board and nine-member slate of Directors up for reelection approved both the $4.9 billion Consolidated Thompson transaction to acquire the Bloom Lake project
- [By Jonathan Burgos]
Jiangxi Copper sank 4.9 percent to HK$15.66 in Hong Kong. BHP Billiton Ltd. (BHP), the world�� biggest mining company that gets, dropped 3.1 percent to A$32.31 in Sydney. Cnooc Ltd., China�� largest offshore oil producer, declined 3.1 percent to HK$13.74.
Top 10 China Stocks To Watch For 2014: Baidu Inc.(BIDU)
Baidu, Inc. provides Chinese and Japanese language Internet search services. Its search services enable users to find relevant information online, including Web pages, news, images, multimedia files, and blogs through the links provided on its Websites. The company also offers online community-based products and entertainment platforms; an instant messaging service; and a consumer-oriented e-commerce platform. In addition, it designs and delivers online marketing services and auction-based P4P services that enable its customers to reach users who search for information related to their products or services. The company serves online marketing customers consisting of small and medium sized enterprises, large domestic corporations, and Chinese divisions or subsidiaries of multinational corporations primarily operating in the medical, machinery, education, franchising, electronic products, e-commerce, ticketing, tourism, information technology, consumer products, real estate, entertainment, and financial services industries. It sells its online marketing services directly, as well as through its distribution network. The company was formerly known as Baidu.com, Inc. and changed its name to Baidu, Inc. in December 2008. Baidu, Inc. was founded in 2000 and is headquartered in Beijing, the People?s Republic of China.
Advisors' Opinion:- [By Rick Munarriz]
Qihoo 360 (NYSE: QIHU ) invaded Baidu's (NASDAQ: BIDU ) home turf of Chinese search, and now Baidu is relishing the chance to be the away team.
- [By Rick Munarriz]
3. Baidu wants to show you something
Baidu (NASDAQ: BIDU ) is one of the few fast-growing Internet companies trading closer to its 52-week low than its high, so maybe it can buy its way out of this lull.
Top 10 China Stocks To Watch For 2014: China Telecom Corp Ltd (CHA)
China Telecom Corporation Limited, together with its subsidiaries, provides wireline and mobile telecommunications services in the People's Republic of China. The company?s services include wireline voice, mobile voice, Internet, managed data and leased line, value-added services, integrated information application services, and other related services, as well as prepaid calling cards. Its wireline voice services include local wireline services, domestic long distance wireline services, and international long distance wireline services. The company's mobile voice services comprise local calls, domestic long distance calls, international long distance calls, intra-provincial roaming, inter-provincial roaming, and international roaming. Its Internet access services consist of wireline Internet access services, including dial-up and broadband services, and wireless Internet access services. The company's integrated information application services include Best Tone services, which provide customers with phone number storage, enquiry, and call transfer services; and information technology-based integrated solutions, such as system integration, outsourcing, special advisory, information application, knowledge services, and software development. Its managed data and leased line services consist of services relating to optic fiber and circuits, such as optic fiber and circuit leasing, virtual private network, and bandwidth leasing. The company also offers other services, such as sales, rental, repairs, and maintenance of equipment; and provides consulting services, and e-commerce and booking services, as well as in the sale of telecommunications terminals. It serves government, enterprise, and residential customers. The company was founded in 2002 and is based in Beijing, the People's Republic of China. China Telecom Corporation Limited is a subsidiary of China Telecommunications Corporation.
Advisors' Opinion:- [By Jake L'Ecuyer]
Leading and Lagging Sectors
Telecommunications services shares gained around 0.83 percent in the US market on Monday. Top gainers in the sector included China Telecom Corp. (NYSE: CHA), Turkcell Iletisim Hizmetleri AS (NYSE: TKC), and China Unicom (Hong Kong) Limited (NYSE: CHU). In trading on Monday, basic materials shares were relative laggards, down on the day by about 0.75 percent. - [By Jake L'Ecuyer]
Leading and Lagging Sectors
Telecommunications services shares gained around 0.83 percent in the US market on Monday. Top gainers in the sector included China Telecom Corp. (NYSE: CHA),Turkcell Iletisim Hizmetleri AS (NYSE: TKC), and China Unicom (Hong Kong) Limited (NYSE: CHU). In trading on Monday, basic materials shares were relative laggards, down on the day by about 0.75 percent. - [By Garrett Cook]
Telecommunications services shares rose by 1.42 percent in today’s trading. Top gainers in the sector included China Telecom Corp. Ltd. (NYSE: CHA), up 5.7 percent, and ARC Group Worldwide (NASDAQ: ARCW), up 3.4 percent.
Top 10 China Stocks To Watch For 2014: Yanzhou Coal Mining Company Limited(YZC)
Yanzhou Coal Mining Company Limited engages in the underground mining, preparation, and sale of coal. It involves in manufacturing, washing, processing, and selling steam coal used in the electricity power sector; and metallurgical coal used with coking coal in the process of pulverized coal injection, as well as operates six coal mines. The company also engages in the provision of railway transportation services; production and sale of coal chemicals, primarily methanol; and generation of electricity and heat. In addition, it involves in the manufacture and sale of mining machinery and engine products; and development of integrated coal technology. Further, the company engages in the transportation via rivers and lakes; sale of construction materials; and trading and processing of mining machinery. It has operations primarily in China, Japan, South Korea, and Australia. The company was founded in 1973 and is based in Zoucheng, the People's Republic of China. Yanzhou Coal Mining Company Limited is a subsidiary of Yankuang Group Corporation Limited.
Advisors' Opinion:- [By MarketWatch]
Treasurer Joe Hockey said Yanzhou Coal Mining Co. (YZC) no longer needed to meet a Dec. 31 deadline for reducing its stake in Yancoal Australia Ltd. (YAL.AU) below 70%, citing the downturn in global coal prices. Yanzhou, which owns 78% of Yancoal Australia, had made the commitment in 2009 to complete its 3.5 billion Australian dollar (US$3.2 billion) takeover of Felix Resources Ltd.
- [By Robert Rapier]
China dominates global coal production, producing 47% of the world�� coal in 2013 and consuming just over 50%. Even so, Chinese coal companies have not managed to escape the market carnage experienced by major US coal producers like Peabody Energy (NYSE: BTU) and Arch Coal (NYSE: ACI), which have seen their share prices decline by 80% and 90% respectively since early 2011. For instance, the stock of major Chinese coal producer Yanzhou Coal Mining (NYSE: YZC), has also dropped nearly 80% since 2011.
- [By Roberto Pedone]
Yanzhou Coal Mining (YZC) engages in the underground coal mining, as well as preparation, processing, sale and railway transportation of coal. This stock closed up 7.6% to $7.31 in Thursday's trading session.
Thursday's Range: $7.14-$7.31
52-Week Range: $6.68-$18.57
Thursday's Volume: 391,000
Three-Month Average Volume: 370,383From a technical perspective, YZC bounced sharply higher here right off some near-term support at $6.77 with above-average volume. This stock has been downtrending badly for the last six months, with shares plunging from its high of over $14 to its recent low of $6.68. During that move, shares of YZC have been consistently making lower highs and lower lows, which is bearish technical price action. That said, shares of YZC have recently formed a double bottom chart pattern at $6.68 to $6.77. This stock now looks ready to reverse that downtrend and possibly trigger a near-term breakout trade. That trade will hit if YZC manages to take out some near-term overhead resistance levels at $7.76 to $8 with high volume.
Traders should now look for long-biased trades in YZC as long as it's trending above its recent low of $6.77 and then once it sustains a move or close above those breakout levels with volume that hits near or above 370,383 shares. If that breakout triggers soon, then YZC will set up to re-test or possibly take out its next major overhead resistance levels at $9 to $10. Any high-volume move above those levels will then give YZC a chance to tag its next major overhead resistance levels at $10.67 to $11.11.
Top 10 China Stocks To Watch For 2014: China Gerui Advanced Materials Group Limited(CHOP)
China Gerui Advanced Materials Group Limited engages in the manufacture and sale of cold-rolled narrow strip steel products in the People's Republic of China. The company converts steel manufactured by third parties into thin steel sheets and strips. It sells its products directly to its customers in a range of industries, including food and industrial packaging, construction and household decorations materials, electrical appliances, and telecommunications wires and cables industries. The company was formerly known as Golden Green Enterprises Limited and changed its name to China Gerui Advanced Materials Group Limited in December 2009. China Gerui Advanced Materials Group Limited is based in Zhengzhou, China.
Advisors' Opinion:- [By Monica Gerson]
China Gerui Advanced Materials Group (NASDAQ: CHOP) is expected to report its Q2 earnings.
Ambarella (NASDAQ: AMBA) is estimated to post its Q2 earnings at $0.28 per share on revenue of $44.67 million.
- [By Jake L'Ecuyer]
Leading and Lagging Sectors
On Tuesday, the basic materials sector proved to be a source of strength for the US market after Yellen statement. Huntsman (NYSE: HUN) shares surged 2.62 percent after reporting strong quarterly earnings, while China Gerui Advanced Materials Group (NASDAQ: CHOP) gained around 2.5 percent.
Top 10 China Stocks To Watch For 2014: New Oriental Education & Technology Group Inc.(EDU)
New Oriental Education & Technology Group Inc. provides private educational services primarily in the People?s Republic of China. It offers a range of educational programs, services, and products consisting primarily of English and other foreign language training; test preparation courses for admissions and assessment tests; primary and secondary school education; development and distribution of educational content; software and other technology; and online education. The company?s language training courses primarily consist of various types of English language training courses, and other foreign languages, including German, Japanese, French, Korean, and Spanish. It offers test preparation courses for language and entrance exams used by educational institutions in the United States, the People?s Republic of China, and commonwealth countries. The company also operates primary and secondary schools in Yangzhou. In addition, New Oriental Education & Technology Group Inc. deve lops and edits content for educational materials for language training and test preparation, such as books, software, CD-ROMs, magazines, and other periodicals. It distributes these materials through various distribution channels consisting of own classrooms and bookstores, as well as third-party distributors. Further, the company offers various online education programs on its Web site, koolearn.com. Additionally, it provides consulting services to help students through the application and admission process for overseas educational institutions, as well as post-secondary educational programs to help students seek career opportunities; and operates two pre-schools. The company offers educational services under the ?New Oriental? brand name. As of May 31, 2010, it offered education programs, services, and products through a network of 48 schools, 319 learning centers, and 25 bookstores. The company was founded in 1993 and is headquartered in Beijing, the People?s Republic of China.
Advisors' Opinion:- [By Mark Skousen]
Millions of Chinese are learning English, the international language of commerce, and preparing for exams. Those are the two principal occupations of New Oriental Education & Technology Group (EDU).
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