Category Archives: Penny Stocks

[ May 30, 2015 | Author: admin | Views: 59303 | Weather: | Mood: normal]

Abbott Labs (NYSE:ABT) has never been shy about using M&A to build its business, and it was generally assumed that more deals would follow in the wake of the company’s split with AbbVie (Nasdaq:ABBV). While Monday is often the preferred day to announce deals, Abbott went above and beyond this week with two acquisition announcements both of which could be highly promising down the line. A Better Mousetrap For The Legs? Peripheral vascular treatment is still a high-growth market, as clinicians have an increasing array of effective tools at hand to treat blockages in the arteries of the legs blockages that can lead to falls and amputations if not treated. Major coronary stent players like Abbott, Medtronic (NYSE:MDT), and Boston Scientific (NYSE:BSX) also develop stents for the peripheral vasculature (where they also compete with the likes of Covidien (NYSE:COV), Bard (NYSE:BCR), Johnson & Johnson (NYSE:JNJ), and Cook), but stents have … Continue reading

[ May 30, 2015 | Author: admin | Views: 67685 | Weather: | Mood: normal]

Utilities have been busy this week, making moves to maximize profit potential. With new coal closings and fresh starts into natural gas, here’s what you need to know to stay on top of your dividend stocks’ latest moves. FirstEnergy is out 2,080 MWFirstEnergy (NYSE: FE  ) announced earlier this week that it plans to close down two Pennsylvania coal-fired power plants by the end of October, knocking 2,080 MW off its total generation capacity. In its press release, the company noted that a combination of cheap electricity and costly environmental regulations tipped the scales on coal’s cost-competitiveness for these two plants. FirstEnergy estimated that while the plants’ generation amounts to around 10% of total capacity, the plants’ environmental compliance costs would’ve accounted for around 30% ($280 million) of the company’s total spending. Along with nine other plants already on the deactivation list, FirstEnergy notes that “nearly 100 percent” of its electricity … Continue reading

[ May 30, 2015 | Author: admin | Views: 30693 | Weather: | Mood: normal]

TransBiotec, Inc. (IMLE) Today, IMLE remains (0.00%) +0.000 at $.0376 thus far (ref. google finance 3:54PM EDT July 23, 2013). TransBiotec, Inc. previously reported it has entered into a non-binding letter of intent (LOI) with Eco Verde Solutions, LLC (ECO) to distribute TransBiotec, Inc.s SOBR alcohol testing device in India. The letter of intent is the result of negotiations between the parties and details the basic outline of the rights Eco Verde would have as TransBiotecs exclusive distributor of the SOBR device in India if the parties are successful in consummating a definitive agreement. Under the letter of intent, TransBiotec proposed that Eco Verde would be TransBiotecs exclusive distributor in the State of Andrha, India, for a period of fifteen months beginning on August 1, 2013, with Eco Verde concentrating on selling the SOBR device to insurance companies, trucking companies, busing companies, and to the railroad industry. Depending on Eco … Continue reading

[ May 30, 2015 | Author: admin | Views: 89824 | Weather: | Mood: normal]

You may have noticed that the US is in the midst of a dramatic turnaround in oil production. This turnaround is often referred to as the “shale revolution.” Certainly the marriage of the decades-old techniques of hydraulic fracking and horizontal drilling had a huge role in this reversal as shale plays across the country became economical prospects for the first time. In 2008 US oil production reversed a decades-long decline. From 5.1 million barrels per day (bpd) in early 2008, US crude oil production has now reached 7.5 million bpd. Two shale oil plays are widely credited with driving the resurgence. The first is the Bakken Formation in the Williston Basin beneath North Dakota. Since 2008, oil production in North Dakota has increased from under 150,000 bpd to nearly 900,000 bpd. North Dakota has now become become the country’s second largest oil producer, trailing only Texas. Hot Tech Companies To … Continue reading

[ May 30, 2015 | Author: admin | Views: 58985 | Weather: | Mood: normal]

SAN FRANCISCO (MarketWatch) Shares of Electronic Arts Inc. soared on Friday to lead the S&P 500 after an analyst awarded the stock a buy rating while Nu Skin Enterprises Inc. remained pressured by worries over a regulatory probe in China. Top Internet IPOs Click to Play Top 5 Consumer Service Companies To Watch For 2016: Blackrock Corporate High Yield Fund Inc (HYT) BlackRock Corporate High Yield Fund VI, Inc. is a diversified closed-end management investment company. The Fund seeks to provide current income by investing primarily in a diversified portfolio of fixed-income securities. The investments are rated in the lower rating categories of the rating services (Ba or lower by Moody’s Investors Service, Inc., or BB or lower by Standard & Poor’s Corporation) or are unrated securities of comparable quality. BlackRock Advisors, LLC. is the manager of the Fund. Advisors’ Opinion: [By Aaron Levitt] MMT comes with a hefty 6.76% … Continue reading