On Monday, shares of�Barnes & Noble (NYSE: BKS ) fell around 5% in after-hours trading after the company�announced the resignation�of CEO William Lynch, effective immediately.
Of course,�this doesn't come as a complete shock considering Lynch was brought on as CEO in 2010 after running Barnes & Noble's e-commerce unit, and was largely seen as the man who could effectively lead the company's foray into the tablet market with Nook Media. Unfortunately, Barnes & Noble stock fell 17% after the company posted dismal quarterly results two weeks ago, largely thanks to increased losses from the Nook segment, which led to an 8.8% drop in overall comparable-store sales.
At the time, I even went on record to say I thought that drop was merited, especially when we note that core comparable-store sales -- which exclude the Nook and stood alone as one of few bright spots last quarter -- also fell a harrowing 5.8% last quarter.
Top 5 Heal Care Stocks For 2014: W.P. Carey & Co. LLC(WPC)
W. P. Carey & Co. LLC, together with its subsidiaries, provides long-term sale-leaseback and build-to-suit transactions for companies worldwide and manages a global investment portfolio. It invests primarily in commercial properties that are each triple-net leased to single corporate tenants, which requires each tenant to pay substantially all of the costs associated with operating and maintaining the property. The company also operates as an advisor to publicly owned, non-actively traded real estate investment trusts, which are sponsored by it under the Corporate Property Associates brand name, as well as invests in similar properties. As of March 31, 2010, its portfolio comprised full or partial ownership interest in 167 properties that totaled approximately 14 million square feet. W. P. Carey & Co. LLC was founded in 1973 and is based in New York, New York.
Top 5 Heal Care Stocks For 2014: Cross Timbers Royalty Trust (CRT)
Cross Timbers Royalty Trust operates as an express trust in the United States. The company holds 90% net profits interests in various royalty and overriding royalty interest properties in Texas, Oklahoma, and New Mexico. It also holds 11.11% nonparticipating royalty interests in nonproducing properties located primarily in Texas and Oklahoma; and 75% net profits working interests in 7 oil-producing properties, including 4 properties in Texas and 3 properties in Oklahoma. Cross Timbers Royalty Trust was founded in 1991 and is based in Dallas, Texas.
Top Consumer Stocks To Invest In Right Now: Huntington Bancshares Incorporated(HBAN)
Huntington Bancshares Incorporated operates as the holding company for The Huntington National Bank that provides commercial, small business, and consumer banking services. The company?s Retail and Business Banking segment offers various financial products and services, including checking, savings, and money market accounts, certificates of deposit, consumer loans, and small business loans and leases; and investments, insurance, interest rate risk protection, foreign exchange hedging, and treasury management services to consumer and small business customers. Its Regional and Commercial Banking segment provides commercial lending; depository and liquidity management products; treasury management solutions; equipment and technology leasing; international services; and capital markets services, such as interest rate risk protection, foreign exchange hedging and sales, trading of securities, mezzanine investment capabilities, and employee benefit programs to government, not-f or-profit, health-care, and publicly traded entities. The company?s Automobile Finance and Commercial Real Estate segment offers financing for the purchase of automobiles, and new and used vehicle inventory by automotive dealerships; and financing for land, buildings, and other commercial real estate owned or constructed by real estate developers, automobile dealerships, or other customers. Its Wealth Advisors, Government Finance, and Home Lending segment provides investment management; investment servicing; custody, and corporate trust and retirement plan services; and administrative and operational support to fund to high net worth customers. It also offers online, mobile, and telephone banking services; and operates approximately 1,300 automated teller machines. As of December 31, 2011, the company had 652 branches located in Ohio, Michigan, Pennsylvania, Indiana, West Virginia, and Kentucky. Huntington Bancshares Incorporated was founded in 1866 and is headquartered in Columbus, Ohio.
Advisors' Opinion:- [By Derek Hoffman]
Huntington Bancshares Inc. (NASDAQ:HBAN) generated double-digit profit growth and beat Wall Street’s expectations. Net income increased 25.57% to $159.3 million (19 cents per diluted share) in the quarter versus a net gain of $126.86 million in the year-earlier quarter.
Huntington Bancshares Inc. reported adjusted net income of 19 cents per share. By that measure, the company beat the mean analyst estimate of $0.17.
- [By Bret Jensen]
Huntington Bancshares (HBAN) operates as the holding company for The Huntington National Bank that provides commercial and consumer banking services. It offers deposit products, including checking accounts, savings accounts, interest bearing and non-interest bearing demand deposits, time deposits, money market deposits, and brokered deposits and negotiable certificate of deposit."
4 reasons Huntington Bancshares is good long term bargain at $5.91 a share:
1. Insiders have shown confidence by buying up $1mm worth of new shares in the last half of 2011.
2. S&P has a "Buy" rating and an $8 price target on HBAN and Credit Suisse has an "outperform" rating.
3. The stock looks like it has bottomed, is improving technically and just crossed its 200 day moving average.
4. Huntington sells for roughly 9 times forward earnings and just under book value.
Top 5 Heal Care Stocks For 2014: Great Group Holdings Limited (I5H.SI)
Great Group Holdings Limited, an investment holding company, engages in the design, manufacture, distribution, and sale of men�s and women�s undergarments primarily in Europe, Asia, North America, and South America. It also designs, manufactures, and sells children�s and infants� apparel, swimwear, casual home wear, and pyjamas; produces garments, weaving products, ribbon, printing, shoes, hats, and bags; and provides contract manufacturing services. In addition, the company engages in the sale and distribution of garments and apparel; trading of clothes; and wholesale of footwear, headwear, boxes, fabrics, and accessories. It sells garments under its GRAT.UNIC brand in 140 points of sales, such as specialty stores and dedicated shelf-spaces located in shopping malls, department stores, and commercial areas in the People�s Republic of China, as well as in a specialty store in Hong Kong. The company was incorporated in 2008 and is based in Quanzhou City, the People�s Republic of China. Great Group Holdings Limited operates as a subsidiary of G & W Investment Management Co., Ltd.
Top 5 Heal Care Stocks For 2014: Newtek Business Services Inc.(NEWT)
Newtek Business Services, Inc., doing business as The Small Business Authority, distributes a range of business services and financial products to the small- and medium-sized business market in the United States. The company provides electronic payment processing services, which include marketing of credit and debit card processing, check approval, and ancillary processing equipment and software services to merchants who accept credit cards, debit cards, checks, and other non-cash forms of payment. The company also offers managed technology and e-commerce solutions comprising shared and dedicated Web hosting, including domain registration and online shopping cart tools, cloud computing plans, and customized Web design and development services. In addition, it engages in originating, servicing, and selling small business administration loans for the purpose of acquiring commercial real estate, machinery, equipment, and inventory, as well as to refinance debt and fund franch ises, and working capital and business acquisitions; and provides off-site data backup, storage, and retrieval services. Further, the company offers personal, commercial, and health/benefits lines insurance products in 50 states; accounts receivable financing, billing, and accounts receivable maintenance services; and payroll management processing and employee tax filing services. It has a strategic alliance with Chartis, Inc. to provide agent services to small business clients. The company was founded in 1998 and is headquartered in New York, New York.
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