Best Stocks To Buy For 2013: SKS

[ April 24, 2014 | Author: admin | Views: 80128 | Weather: | Mood: normal]

Canadian-based Hudson’s Bay has announced that it will purchase luxury retailer Saks (NYSE: SKS  ) for $16 per share in a deal valued at $2.9 billion. The appeal here for Hudson’s Bay is interest in Saks’ high-end real estate. In fact, the department store chain’s Fifth Avenue Manhattanaddress alone is worth an estimated $805 million, according to Deborah Weinswig of Citigroup. Nevertheless, this isn’t bad news for Saks shareholders, since the struggling retailer will sell at a nearly 5% premium to where the stock closed on Friday. Still, it may be even better news for rival luxury retail chain Neiman Marcus. That’s because this premium on the Saks sale could help privately held Neiman Marcus score a higher valuation as it sets up for a possible initial public offering. Earlier this year, the retailer reportedly brushed off a buyout offer from private equity firm KKR (NYSE: KKR  ) , which had hoped … Continue reading

[ March 30, 2014 | Author: admin | Views: 56740 | Weather: | Mood: normal]

SYDNEY–Seek Ltd. (SEK.AU) said it would buy the remaining shares in JobStreet Corporation Berhad’s (0058.KU) online employment business, continuing its push into Asia in a deal valuing the target at MYR1.730 million (US$523.5 million). Australia’s biggest online job ads company said its majority-owned subsidiary Seek Asia would acquire the 78% of the JobStreet business it doesn’t already own, subject to regulatory approvals in Singapore and shareholder approvals. JobStreet operates in Malaysia, Singapore, Indonesia and Vietnam. Seek made the announcement as it reported a better-than-expected 65% rise in its fiscal first-half profit, helped by higher earnings from China after it increased its stake in the Zhaopin employment website last year, offsetting weakness in domestic job volumes. Top 10 Heal Care Stocks To Invest In Right Now: Public Service Enterprise Group Incorporated(PEG) Public Service Enterprise Group Incorporated, through its subsidiaries, operates in the energy industry primarily in the northeastern and mid Atlantic … Continue reading

[ March 1, 2014 | Author: admin | Views: 32264 | Weather: | Mood: normal]

It seems that every day a new press release comes out about a big oil or gas discovery, and increasingly these announcements have one thing in common: All the finds are in offshore fields. As offshore exploration and development increase, oilfield service companies are in high demand. In this video, Fool.com contributor Aimee Duffy talks to Tyler Crowe about how offshore production has affected oilfield service companies, and what investors can expect going forward. National Oilwell Varco is perhaps the safest investment in the energy sector due to its industry-dominating market share. This company is poised to profit in a big way; its customers are both increasing the number of new drilling rigs and updating aging fleets of offshore rigs. To help determine whether it could be a good fit for your portfolio, you’re invited to check out The Motley Fool’s premium research report featuring in-depth analysis on whether NOV … Continue reading

[ November 12, 2013 | Author: admin | Views: 27003 | Weather: | Mood: normal]

Over the last few years, companies that traditionally targeted the 1% have branched out. It makes a lot of sense, since the 1% is, by definition, a small group. Companies like Michael Kors (NYSE: KORS  ) and Tiffany (NYSE: TIF  ) have added smaller, less expensive — but never “cheaper” — products to their lineups. That small shift has resulted in a new luxury boomtown, with Tiffany stock up 43% over the last 12 months, while Kors has risen 62%. With the rapid rise, some analysts have started looking for a drop, arguing that the growth has to slow as China pulls back on its own growth. There’s no denying that the connection between Asian growth and luxury growth is close, but even domestic companies are seeing great growth. So should investors be worried, or is it time to double down on the high-end? International growth and American hope The growth of … Continue reading

[ May 17, 2013 | Author: admin | Views: 75952 | Weather: | Mood: normal]

Earnings season has begun, and next Tuesday Johnson & Johnson (NYSE: JNJ  ) will release its latest quarterly results. The key to making smart investment decisions on stocks reporting earnings is to anticipate how they’ll do before they announce results, leaving you fully prepared to respond quickly to whatever inevitable surprises arise. That way, you’ll be less likely to make an uninformed, knee-jerk decision. Johnson & Johnson is a behemoth in the health care space, with a business that includes not only its well-known consumer health and personal-care products, but also a thriving pharmaceutical business and an extensive line of medical devices. The breadth of its offerings has given it a place among the Dow Jones Industrials (DJINDICES: ^DJI  ) . However, with so much going on at J&J, can the company hold itself together and take advantage of new growth opportunities? Let’s take an early look at what’s been happening with … Continue reading