Wednesday, November 5, 2014

Best Construction Companies To Watch For 2014

SALT LAKE CITY -- Terms of an agreement between Google (GOOG) and Provo, Utah, show the company will pay $1 for a fiber-optic system that cost $39 million to build. Even as Google takes ownership of the municipal network, Provo will have to pay off loans for its construction for another dozen years. Provo officials say it's a good deal because the system hasn't been able to pay for itself. They say Google will make upgrades and complete connections to every home. And Google Fiber will offer basic Internet service to those in the system at no charge for a $30 hookup fee -- far less than the current $700 activation fee. Provo households are paying off the cost of the network with a $5.35 monthly utility fee, and city officials say they'll get something for their money now.

Your smartphone already allows you to do instant price comparisons at the store, usually by scanning a barcode. There are several  apps that let you "showroom" in this way. We don't know which, if any, will be available for Glass. But assuming one of these apps gets ported over to the new hardware, you'll be able to get price comparisons just by picking up a product and looking at the barcode.

Best Low Price Companies To Buy Right Now: Forge Group Ltd (FRGXF)

Forge Group Limited is engaged in construction, commercial building, engineering, maintenance and workshop fabrication. Forge is the holding company of Cimeco Pty Ltd, Webb Construction West Africa Ltd, Abesque Engineering Ltd (Abesque) and CTEC Pty Ltd, which provide a range of engineering and construction services to a diverse range of clients particularly to the resource and oil and gas sectors through its operating entities. Cimeco provides construction services across a range of disciplines, including, commercial building, civil, concrete, structural, mechanical, piping, tanks and electrical. Webb specializes in structural, mechanical and pipe installation, tank fabrication and erection. Abesque specializes in the provision of engineering design, project management services to the resources sector, including base metals, gold and iron ore. In January 2014, Forge Group Limited announced that BlackRock Inc. and subsidiaries had ceased to be the substantial holder of the Company. Advisors' Opinion:
  • [By MARKETWATCH]

    LOS ANGELES (MarketWatch) -- Australia stocks started solidly lower Tuesday, weighed by large losses on Wall Street, with the S&P/ASX 200 (AU:XJO) retreating 0.8% to 5,248.90. Globally sensitive stocks were among the leading decliners after a 1.3% pullback for the S&P 500 (SPX) in the U.S., with financial major Macquarie Group Ltd. (AU:MQG) (MCQEF) falling 2.2%, News Corp. (AU:NWS) (NWS) -- the parent of MarketWatch, publisher of this report -- off 1.4%, and construction-material firm James Hardie Industries SE (AU:JHX) (JHIUF) 1.2% lower. Miners came under pressure, with BHP Billiton Ltd. (AU:BHP) (BHP) down 0.9% and Oz Minerals Ltd. (AU:OZL) (OZMLF) dropping 1%, while Forge Group Ltd. (AU:FGE) (FRGXF) tumbled 12.8% after issuing a profit warning. On the upside, mild gains overnight for Comex gold futures helped the fortunes of some gold extractors, helping Newcrest Mining Ltd. (AU:NCM) (NCMGF) and Evolution Mining Ltd. (AU:EVN) (CAHPF)

Best Construction Companies To Watch For 2014: Arcadis NV (ARCAD)

Arcadis NV is a Netherlands-based international engineering and consultancy firm, providing consultancy, design, engineering and management services in infrastructure, water, environment and buildings. The Company develops, designs, implements, maintains and operates projects for companies and governments. The Company divides its business into four business lines: Infrastructure, which encompasses services for transportations, land development, energy and mining; Water, focused on water planning, wastewater and water management and consulting services; Environment, focused on activities that protect the environment and enhance sustainability, and Buildings, related to homebuilding as well as commercial and industrial buildings and facilities construction. Additionally, it works in partnership with UN-HABITAT, the United Nations agency for human settlements. Advisors' Opinion:
  • [By Sofia Horta e Costa]

    Companies like Expedia Inc. (EXPE), which provides online travel booking services, and Arcadis NV (ARCAD), a Dutch designer of bridges and dikes, are likely to increase profit at a faster pace than larger firms during an improving economy, Duret said. Smaller companies are also less leveraged, with U.S. mid-caps holding 46 percent less debt per share than firms listed on the S&P 500, data compiled by Bloomberg show.

Best Construction Companies To Watch For 2014: Acuity Brands Inc (AYI)

Acuity Brands, Inc. (Acuity Brands), incorporated on September 20, 2007, is the parent company of Acuity Brands Lighting, Inc. (ABL), and other subsidiaries. Acuity Brands is a provider of lighting solutions for commercial, institutional, industrial, infrastructure, and residential applications throughout North America and select international markets. The Company's lighting solutions include devices, such as luminaires, lighting controls, power supplies, prismatic skylights, light-emitting diode (LED) lamps, and integrated lighting systems for indoor and outdoor applications utilizing a combination of light sources, including daylight, and other devices controlled by software that monitors and manages light levels while optimizing energy consumption (collectively referred to herein as lighting solutions). Effective March 14, 2013, the Company acquired eldoLED Europe BV.

The Company manufactures lighting devices primarily in North America, Europe and Asia. The Company's lighting solutions are marketed under numerous brand names, including Lithonia Lighting, Holophane, Peerless, Mark Architectural Lighting, Hydrel, American Electric Lighting, Gotham, Carandini, RELOC, Antique Street Lamps, Tersen, Winona Lighting, Synergy Lighting Controls, Sensor Switch, Lighting Control & Design, Dark to Light, ROAM, Sunoptics, acculamp, Pathway Connectivity, and Healthcare Lighting. As of August 31, 2012, the Company manufactures products in 18 facilities in North America and two facilities in Europe.

Principal customers include electrical distributors, retail home improvement centers, electric utilities, municipalities, lighting showrooms, and energy service companies located in North America and select international markets serving new construction, renovation, and facility maintenance applications. In North America, the Company's lighting solutions are sold primarily by independent sales agents, electrical wholesalers, and factory sales representatives who cover specific geographic areas! and market channels. Products are delivered directly or through a network of distribution centers, regional warehouses, and commercial warehouses using both common carriers and a company-owned truck fleet. During the fiscal year ended August 31, 2012 (fiscal 2012), North American sales accounted for approximately 98% of net sales. The Company has one operating segment serving the North American lighting market and select international markets.

The Company provides a range of lighting solutions, as well as services used in the applications, such as lighting solutions and services. Lighting solutions and services includes commercial and institutional, industrial, infrastructure, residential and services. Commercial and Institutional includes stores, hotels, offices, schools, and hospitals, as well as other government and public buildings. Lighting solutions that serve these applications include recessed, surface, and suspended lighting products, recessed down lighting, track lighting, day lighting, and lighting controls (occupancy sensors, photocontrols, relay panels, architectural dimming panels, and integrated lighting controls systems), as well as special-use lighting products. The outdoor areas associated with these applications are addressed by a range of outdoor lighting products, such as area and flood lighting, decorative site lighting, and landscape lighting. Industrial includes primarily warehouses and manufacturing facilities, which utilize a range of general purpose, day lighting, and special-use lighting solutions. Infrastructure includes highways, tunnels, airports, railway yards, and ports. Products that serve these applications include street, area, high-mast, off-set roadway, sign lighting, poles, and integrated controls systems. Residential includes a combination of decorative, utilitarian, and down lighting products. Services include monitoring and controlling of lighting systems through network technologies.

The Company competes with Cooper Industries plc, Hu! bbell Inc! orporated, Koninklijke Philips Electronics N.V., OSRAM AG, Schneider Electric and General Electric Company.

Advisors' Opinion:
  • [By Mike Deane]

    Before the opening bell on Tuesday�morning, Acuity Brands, Inc. (AYI)�reported its third�quarter earnings, posting record quarterly revenues,�which still couldn’t top analysts’ estimates.

    AYI’s�Earnings in Brief

    Acuity Brands�reported third�quarter revenues of $6.03 billion, marking an 11.5% increase over last year’s Q3 revenues of $541.5 million. Adjusted net income�for the quarter came in at $43.3 million, or $1.00 per share, which is up slightly from last year’s Q3 figures of $41.9 million, or 97�cents per share. AYI missed analysts’ estimates of $1.12 EPS on revenues of $609.09 million.

    CEO Commentary

    AYI chairman, president and CEO Vernon J. Nagel had the following comments:�“We were pleased with our fiscal 2014 third quarter results as we continued to execute our strategies to extend our leadership position in North America. The year-over-year increase in net sales reflects continued favorable trends in our�order rates as well as the continued adoption of LED lighting solutions, which nearly doubled over the prior year. Sales of LED-based lighting solutions now represent over a third of our net sales.”

    AYI’s�Dividend

    Acuity Brands has not raised its dividend since it 2007, when it cut its quarterly payout�from 15 cents to 13 cents. The company’s next dividend is payable on August 1, and the stock goes ex-dividend on July 16.

    Stock Performance

    AYI stock was inactive in pre-market trading. YTD, the company’s stock is up 28.43%.

    AYI�Dividend Snapshot

    As of Market Close on June 30, 2014

    Click here to see the complete history of AYI dividends.

  • [By Steve Symington]

    That said, both UDC and its licensed customers have long remained hard at work continuously improving both the efficiency and utility of OLED lighting solutions, with those lighting-centric customers most notably including electronics giants like Philips (NYSE: PHG  ) �and their respective Lumiblade series, design extraordinaire�Acuity Brands (NYSE: AYI  ) , and LG Chem, which reportedly plans to begin mass-producing the flexible OLED lighting panels shown in the video below, as soon as September:

  • [By Jon C. Ogg]

    Acuity Brands Inc. (NYSE: AYI) was raised to Neutral from Underperform at Sterne Agee�on better-than-expected unit growth and nonresidential construction recovery.

  • [By Laura Brodbeck]

    Thursday

    Earnings Expected From: Family Dollar Stores (NYSE: FDO), Acuity Brands (NYSE: AYI), PriceSmart (NASDAQ: PSMT) Economic Releases Expected: French trade balance, British trade balance, eurozone consumer confidence, eurozone business confidence, BoE interest rate decision, Canadian housing starts

    Friday

Best Construction Companies To Watch For 2014: Mostostroy No6 OAO (MSTF)

Mostostroy No6 OAO (Mostostroitel��yi trest No 6 OAO or Bridge Construction Trust N 6 OJSC) is a Russia-based company engaged in the construction industry. Its services portfolio includes the design, construction, reconstruction and renovation of bridges, railways, highways, tunnels and subways, nuclear and thermal power stations, residential and industrial facilities, among others. Mostostroitel��yi trest No 6 OAO provides its services mainly to companies engaged in the transportation, hydraulic engineering, industrial, civil and nuclear construction sectors and its customers include ROSATOM and Russian Railways, among others. The Company operates through 10 branches, as well as two representative offices, located in Moscow and Sochi. In addition, it has five wholly owned subsidiaries. As of March 4, 2011, the Company�� major shareholder was Malakhit OOO with a stake of 19.85%. Advisors' Opinion:
  • [By Tom Taulli]

    But again, the most glaring red flag is the valuation of GOOG stock. Shares of Google stock are currently trading at a P/E ratio of 30, which is certainly rich. Consider that�Apple (AAPL) and �Microsoft (MSTF) sport multiples of only about 14. These companies also have decent dividend yields.

Best Construction Companies To Watch For 2014: Opus International Consultants Ltd (OIC)

Opus International Consultants Limited is a supplier of multidisciplinary consultancy and project management services across a range of disciplines including, civil, mechanical and electrical engineering, and planning, environmental, architectural and property management. The Company operates in four segments: New Zealand, United Kingdom, Australia and Canada. Services supplied support asset development and asset management activities of the Company�� clients. Asset management services include property management and asset maintenance services predominantly using our engineering and environmental specialists. Asset development services include civil, mechanical and electrical engineering, planning, environmental and architectural work. Effective September 3, 2013, Opus International Consultants Ltda majority-owned unit of Opus Group Bhd acquired Stewart, Weir & Co Ltd. Advisors' Opinion:
  • [By John McCamant]

    Nektar Therapeutics (NKTR) is expected to get FDA approval this year for its lead drug naloxegol, a once-a-day pill for opioid-induced constipation (OIC). The drug is licensed to AstraZeneca. NKTR will receive up to $245 million in milestone payments, plus royalties.

Best Construction Companies To Watch For 2014: Bouygues SA (BOUYF.PK)

Bouygues SA is a France-based group that operates in two sectors: Telecommunications and Media, and Construction. The Construction division comprises three core subsidiaries: Bouygues Construction, specializing in building and public works activities, notably in the areas of electrical engineering, and facility maintenance; Bouygues Immobilier, a property development company, whose activities include the development of residential, corporate and commercial properties, and the execution of urban development schemes, and Colas, engaged in the construction and maintenance of transport, urban development and leisure infrastructure. The Telecommunications and Media division of the Group comprises two companies: TF1, specializing in audiovisual and cinema production, the acquisition and sale of audiovisual rights, and the publishing and distribution of compact discs, among others, and Bouygues Telecom, which offers mobile telephone and broadband Internet services. Advisors' Opinion:
  • [By Mike Arnold]

    I normally don't look at charts much, but comparing Orange to its competitors in the French telecommunications market is quite fascinating. As one can see, incumbents Bouygues (BOUYF.PK) and Vivendi (VIVHY.PK) (owner of SFR) saw similar price declines. The market, on the other hand, rapidly bid up the price of new entrant Iliad SA (ILIAF.PK), as a result of forecasts for Iliad to capture significant mobile market share (which it did, around 10%). The wide divergence in price relative to changes in underlying value favor going long the incumbents, including Orange. Because this time it's different.

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