The Q1 2014 Tripadvisor Inc (NASDAQ: TRIP) earnings report is due after the market closes on Tuesday, May 6th, with investors and traders alike who follow either the stock or large cap Priceline Group Inc (NASDAQ: PCLN), mid cap Expedia Inc (NASDAQ: EXPE) and small caps Travelzoo Inc (NASDAQ: TZOO) and Orbitz Worldwide, Inc (NYSE: OWW) should be paying attention to it. Aside from the Tripadvisor Inc earnings report, it should be said that Travelzoo Inc released 1Q 2014 earnings on April 17th and Expedia Inc released earnings last Thursday while the Q1 2014 Orbitz Worldwide earnings report is due today before the market opens and the Priceline Group Inc earnings report is due out on Thursday, May 8, at 9:30AM EDT. However, Tripadvisor Inc is a little different from these other travel booking companies as its main focus is to provide travel advice or reviews written by real travelers (which obviously leads to travel bookings that they make money on).
5 Best Construction Stocks To Own For 2015: Cliffs Natural Resources Inc.(CLF)
Cliffs Natural Resources Inc., a mining and natural resources company, produces iron ore pellets, lump and fines iron ore, and metallurgical coal products. The company operates six iron ore mines in Michigan, Minnesota, and eastern Canada; two iron ore mining complexes in Western Australia; five metallurgical coal mines located in West Virginia and Alabama; and one thermal coal mine located in West Virginia. It also owns a 45% economic interest in a coking and thermal coal mine located in Queensland, Australia; and a 30% interest in Amapa, a Brazilian iron ore project in Latin America, as well as chromite properties in Ontario, Canada. The company, formerly known as Cleveland-Cliffs Inc, was founded in 1847 and is headquartered in Cleveland, Ohio.
Advisors' Opinion:- [By Steven Russolillo]
Companies like iron-ore miner Cliffs Natural Resources Inc.(CLF) and videogame maker GameStop have fallen more than 20% this year, and data from Markit shows that short sellers have managed to turn those steep declines into profits.
- [By Rich Smith]
Cliffs could dive
In direct contradiction to the bullish note struck by analysts at BB&T Capital earlier this week (where analysts upgraded Cliffs Natural Resources (NYSE: CLF ) stock on news of its CEO's departure) a different banker announced this morning that it's not nearly so hot on the company's chances. Disagreeing with BB&T's analysis (but agreeing with my own), analysts at CIBC cut their rating on Cliffs from sector perform to underperform. - [By Jake L'Ecuyer]
Shares of Cliffs Natural Resources (NYSE: CLF)also surged 6.18 percent after the company reported upbeat quarterly earnings. Financials sector was the only decliner in the market today, down on the day by 0.05 percent.
- [By Ben Levisohn]
The analysts keep piling on Cliffs Natural Resources (CLF), with Deutsche Bank the latest to predict tougher times ahead for the iron miner. The reason: lower iron prices.
Deutsche Bank’s�Jorge Beristainand team explain:
DB�� commodities team has cut its 2014-16E seaborne iron ore prices by an average of ~$10/t (-9%) to average ~$97/t during time period ($5/t higher-than-current spot). New iron ore price forecasts reflect recent spot price movement (-33% YTD) and considers a scenario of lower Chinese demand…
We are lowering our 2014-16E EBITDA estimates for Cliffs by 11-29% and EPS by 46-84%, on reductions of 3-8% in iron ore price realizations (as US legacy iron ore operations somewhat buffer impact of reduced seaborne prices). EPS estimates cut to $0.50 (-46% vs prior) in 2014, $0.24 (-63%) in 2015 and $0.26 (-84%) in 2016, which are fairly in-line with ThomsonOne consensus estimates of $0.13, $0.23 and $0.21, respectively, albeit an increasingly meaningless number as EPS are now trending towards pennies per share vs +$11/share as recently as 2011.
And yes, Beristain says Cliffs dividend could be at risk.”…our estimates assume that dividends to common shareholders cease to be paid starting in 1Q15 (preferred dividends continue to be paid) in effort to conserve cash,” he says.
Today, at least, the report doesn’t seem to be having an impact. Shares of Cliffs Natural Resources have gained 2.3% to $14.07 today.
5 Best Mid Cap Stocks To Own Right Now: Office Depot Inc.(ODP)
Office Depot, Inc., together with its subsidiaries, supplies office products and services. Its North American Retail division sells an assortment of merchandise, such as general office supplies, computer supplies, business machines and related supplies, and office furniture under various labels, including Office Depot, Viking Office Products, Foray, Ativa, Break Escapes, Niceday, and Worklife through its chain of office supply stores. It also provides printing, reproduction, mailing, shipping, and other services, as well as personal computer support and network installation service. As of December 25, 2010, this division operated 1,147 office supply stores in the United States and Canada. The company?s North American Business Solutions division sells nationally branded and private brand office supplies, technology products, furniture, and services to small- to medium-sized customers through a dedicated sales force, catalogs, and Internet. Its International division sells o ffice products and services through direct mail catalogs, contract sales forces, Internet sites, and retail stores using a mix of company-owned operations, joint ventures, licensing and franchise agreements, alliances, and other arrangements. As of December 25, 2010, it sold its office products to customers in 53 countries in North America, Europe, Asia, and Latin America. This division operated, through wholly-owned or majority-owned entities, 97 retail stores in France, Hungary, South Korea, and Sweden; and participates under licensing and merchandise arrangements in South Korea, Thailand, India, Israel, Japan, and the Middle East. The company was founded in 1986 and is headquartered in Boca Raton, Florida.
Advisors' Opinion:- [By Lawrence Meyers]
My editor asked if I thought it was too early to call a bottom on Office Depot (ODP). The answer is “yes.”
And “no.”
5 Best Mid Cap Stocks To Own Right Now: YRC Worldwide Inc.(YRCW)
YRC Worldwide Inc., through its subsidiaries, provides various transportation services worldwide. The company?s YRC National Transportation unit offers a range of services for the transportation of industrial, commercial, and retail goods, such as apparel, appliances, automotive parts, chemicals, food, furniture, glass, machinery, metal, metal products, non-bulk petroleum products, rubber, textiles, wood, and other manufactured products. It serves manufacturing, wholesale, retail, and government customers. As of December 31, 2009, it had 11704 owned tractors, 1239 leased tractors, 50083 owned trailers, and 3244 leased trailers. Its YRC Regional Transportation unit?s service portfolio includes regional delivery, which comprises next-day local area delivery and second-day services, consolidation/distribution services, protect-from-freezing and hazardous materials handling, and various specialized offerings; expedited delivery, that comprises day-definite, hour-definite, and time definite capabilities; inter-regional delivery; cross-border delivery; and operation of my.yrcregional.com and NewPenn.com, which are e-commerce Websites offering online resources to manage transportation activity. The company?s YRC Logistics units? service portfolio consists of distribution services that include flow through and pool distribution, dedicated warehousing, and value-added services; global services, which comprise international freight forwarding, customs brokerage, and value-added services; and transportation services, such as truckload brokerage, domestic freight forwarding, and transportation management. Its YRC Truckload unit provides customized truckload services on regional and national level through the use of company and team-based drivers. The company was founded in 1924 and is headquartered in Overland Park, Kansas.
Advisors' Opinion:- [By Roberto Pedone]
One under-$10 trucking player that's starting to trend within range of triggering a big breakout trade is YRC Worldwide (YRCW), which, through its subsidiaries, provides various transportation services primarily in North America.. This stock has been hit hard by the bears over the last three months, with shares off sharply by 50%.
If you take a look at the chart for YRC Worldwide, you'll notice that this stock has been downtrending badly for the last five months, with shares plunging lower from its high of $33.89 to its recent low of $7.06 a share. During that downtrend, shares of YRCW have been making mostly lower highs and lower lows, which is bearish technical price action. That said, shares of YRCW have now started to stabilize and the stock has formed a triple bottom chart pattern over the last month, at $7.06, $7.20 and $7.44 a share. Shares of YRCW have now reversed its downtrend and started to uptrend, with the stock moving higher from $7.06 to its recent high of $10.50 a share. That move has now pushed shares of YRCW within range of triggering a big breakout trade.
Traders should now look for long-biased trades in YRCW if it manages to break out above some near-term overhead resistance levels at $10.63 a share to its 50-day moving average of $10.87 a share with high volume. Look for a sustained move or close above those levels with volume that hits near or above its three-month average volume of 826,789 shares. If that breakout triggers soon, then YRCW will set up to re-test or possibly take out its next major overhead resistance levels $12.38 to $15 a share. Any high-volume move above $15 will then give YRCW a chance to tag $16 to $18 a share.
Traders can look to buy YRCW off weakness to anticipate that breakout and simply use a stop that sits right around some key near-term support levels at $9.20 or at $8.35 a share. One can also buy YRCW off strength once it starts to clear those breakout levels with volume and then simply us
- [By Lauren Pollock]
Among the companies with shares expected to actively trade in Tuesday’s session are Delta Air Lines Inc.(DAL), NuPathe Inc.(PATH) and YRC Worldwide Inc.(YRCW)
5 Best Mid Cap Stocks To Own Right Now: Dyax Corp.(DYAX)
Dyax Corp., a biopharmaceutical company, engages in the discovery, development, and commercialization of novel biotherapeutics for unmet medical needs in the United States. The company utilizes its proprietary drug discovery technology, known as phage display, to identify antibody, small protein, and peptide compounds. It markets KALBITOR (ecallantide) for the treatment of acute attacks of hereditary angioedema (HAE) in patients 16 years of age and older. Dyax Corp. also provides KALBITOR Access program, which offers treatment support service for patients with HAE and their healthcare providers. In addition, the company is developing a pipeline of 17 product candidates, including 4 product candidates in Phase III clinical trial, 4 product candidates in Phase II clinical trial, and 9 product candidates in Phase 1 clinical trial for the treatment of atherosclerosis, multiple sclerosis, and oncology diseases. Further, it provides library licenses to use its phage display libr aries in connection with their internal therapeutic development programs; performs funded research for various collaborators; and offers patent licenses to other biopharmaceutical and pharmaceutical companies to use its phage display patents to discover and develop biologic compounds for use in specified fields. The company has strategic partnership agreement with Defiante Farmaceutica S.A. to develop and commercialize subcutaneous ecallantide for the treatment of HAE and other therapeutic indications in Europe, North Africa, the Middle East, and Russia; an agreement with CMIC Co., Ltd to develop and commercialize subcutaneous ecallantide for the treatment of HAE and other angioedema indications in Japan; and an license and collaboration agreement with Cubist Pharmaceuticals, Inc. to develop and commercialize the formulation of ecallantide for the reduction of blood loss during surgery in North America and Europe. Dyax Corp. was founded in 1989 and is headquartered in Cambri dge, Massachusetts.
Advisors' Opinion:- [By Keith Speights]
The bottom dropped out
Shares of Dyax (NASDAQ: DYAX ) plunged 37% this week. Why did the bottom drop out for this stock? Horrendous first-quarter earnings. - [By Brian Orelli]
Dyax (NASDAQ: DYAX ) and its investors will also be keeping a close eye on trebananib's development. The biotech helped Amgen discover trebananib and is due milestone payments for successful development of the drug.
- [By Travis Hoium]
What: Shares of Dyax (NASDAQ: DYAX ) lost 34% of their value today, falling off a cliff after first-quarter earnings came out.
So what: First-quarter net sales increased slightly from a year ago, to $12.0 million, but analysts expected $16.0 million in revenue, so this is a huge miss. It's no wonder that net loss of $11.2 million equates to $0.11 per share, more than double the $0.05 per share loss analysts expected.�
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