Industrial conglomerate Valmont Industries (NYSE: VMI ) reported first-quarter earnings that came in $0.10 per share better than consensus estimates but fell well short of expectations on the top line.
Valmont recorded revenues of $819.6 million in the quarter that ended March 30, a 14% increase over last year's $717.4 million, but below Wall Street's estimates of $876.3 million. On the bottom line, the�global provider of engineered products and services for infrastructure and mechanized irrigation equipment for agriculture generated $77.6 million, or $2.89 per share, up 47% from the year-ago figure and well ahead of the $2.79-per-share estimate.
Valmont Chairman and CEO�Mogens C. Bay was quoted as saying, "With the strong first quarter results, the continued strength in the utility markets and the anticipated improvement in engineered infrastructure products, it should be possible for us to exceed our February guidance even if irrigation results in the second half were below 2012's record second half levels."
Top Industrial Conglomerate Companies To Invest In Right Now: royal dutch shell `a`shs(RDSA.L)
Royal Dutch Shell plc operates as an oil and gas company worldwide. The company explores for and extracts crude oil and natural gas. It also converts natural gas to liquids to provide cleaner-burning fuels; markets and trades natural gas; extracts bitumen from mined oil sands and convert it to synthetic crude oil; and generates electricity from wind energy. In addition, it converts crude oil into a range of refined products, including gasoline, diesel, heating oil, aviation fuel, marine fuel, lubricants, bitumen, sulphur, and liquefied petroleum gas (LPG); and produces and sells petrochemicals for industrial use. The company holds interests in approximately 30 refineries; approximately 1,500 storage tanks and 150 distribution facilities; and fuels retail network of approximately 43,000 service stations under the Shell brand name. Royal Dutch Shell plc also markets its products under the Shell V-Power and Shell FuelSave brand names. In addition, the company offers lubricant s to the passenger cars, trucks, and coaches, as well as for industrial machinery in manufacturing, mining, power generation, agriculture, and construction industries. Further, it sells fuels, specialty products, and services to commercial customers; offers fuel for approximately 7,000 aircraft every day at 800 airports in 30 countries; provides fuels, lubricants, and related technical services to the marine industry; offers liquefied petroleum gas and related services to retail, commercial, and industrial customers for cooking, heating, lighting, and transport applications; provides transport, industrial, and heating fuels; and supplies approximately 11,000 tonnes of bitumen products. Additionally, the company produces a range of base chemicals, including ethylene, propylene, and aromatics; and intermediate chemicals, such as styrene monomer, propylene oxide, solvents, detergent alcohols, ethylene oxide, and ethylene glycol. Royal Dutch Shell plc is headquartered in The Hag ue, the Netherlands.
Top Industrial Conglomerate Companies To Invest In Right Now: Equinix Inc.(EQIX)
Equinix, Inc. provides data center services for the protection and connection of information assets to enterprises, financial service companies, and content and network service providers worldwide. It connects businesses with partners and customers through a platform of high performance data centers, containing dynamic ecosystems and the broadest choice of networks. The company operates International Business Exchange (IBX) centers, or IBX data centers, across 38 markets in the Americas, Europe, the Middle East, Africa, and the Asia-Pacific. Equinix offers data center services, including premium data center co-location; interconnection and exchange services; network connectivity; business continuity; and outsourced IT infrastructure services. The company connects approximately 4,000 enterprises, cloud, digital content, and financial companies, including 680 network service providers to help them grow their businesses, improve application performance, and protect their vita l digital assets. It markets its products and services through direct sales force and channel marketing program. Equinix was founded in 1998 and is headquartered in Redwood City, California.
Advisors' Opinion:- [By Chuck]
Equinix (EQIX) is a market leader in the software technology sector and is the best pick for 2012 due to a stable recurring revenue model, high margins, and the presence of a number of large positive trends. The data-center industry is expected to show a growth of 15-20% over the next five years, keeping Equinix at the top of the market. With the rapid shift towards cloud-based technology, demand for data-center solutions by Equinix is rising. EBITDA margi ns greater than 45% are showing high visibility and cash flow generation for its business model. The shares of the company are currently trading at $102.48 and are expected to reach a target of $120. Within the last 52-weeks, its shares have traded between $78.78 and $107. Market capitalization of the company is $4.86 billion and earnings per share of $2.78 are expected to go north of $3.4 by the end of 2012. Equinix showed an operating margin of 18.71% in the third quarter of 2011.
Top Chemical Stocks For 2014: Zogenix Inc (ZGNX)
Zogenix, Inc. (Zogenix), incorporated on May 11, 2006, is a pharmaceutical company commercializing and developing products for the treatment of central nervous system disorders and pain. The Company�� product Sumavel DosePro offers needle-free subcutaneous administration of sumatriptan for the treatment of migraine and cluster headache in a pre-filled, single-use delivery system. Its lead product candidate, Zohydro (hydrocodone bitartrate, formerly ZX002) is a 12-hour extended-release formulation of hydrocodone without acetaminophen for the treatment of chronic pain requiring opioid therapy. It completed Phase 3 development of Zohydro in 2011. Its second DosePro investigational product candidate, Relday, is a injectable formulation of risperidone for the treatment of schizophrenia. Sumavel DosePro and Zohydro are used for the treatment options available to patients and physicians in the United States. Sumavel DosePro may serve as a treatment alternative to oral and nasal triptans and offers administration when compared to traditional, needle-based sumatriptan injection. In May, 2012, it submitted a New Drug Application to the Food and Drug Administration (FDA).
The Company�� collaboration with Astellas has been terminated on March 31, 2012. Sumavel DosePro is a pre-filled, single-use disposable, needle-free drug delivery system that subcutaneously delivers 6 mg of sumatriptan in 0.5 mL of sterile liquid. Sumavel DosePro is designed to be portable, intuitive and easy-to-use. To use, the patient simply snaps off a plastic tip, flips back a lever and presses the end of the delivery system to the skin of the abdomen or thigh. Under the force of a small amount of compressed nitrogen gas, the liquid form of sumatriptan is expelled out of the device as a thin jet of medication, which pierces the skin and selectively deposits into the subcutaneous tissue.
Zogenix competes with GlaxoSmithKline, AstraZeneca PLC, Endo Pharmaceuticals Holdings Inc., Johnson & Johnson, Merck & Co., ! Inc., Pfizer Inc., Alexza Pharmaceuticals, Inc., MAP Pharmaceuticals, Inc., Abbott Laboratories, Alpharma Inc., Endo Pharmaceuticals Holdings Inc., King Pharmaceuticals, Inc., Mallinckrodt Inc., Purdue Pharma L.P., Teva Pharmaceutical Industries Limited, Watson Pharmaceuticals, Inc., Becton, Dickinson and Company, Owen Mumford Ltd., Ypsomed, Sandoz Inc., Bioject Inc. and Antares Pharma Inc.
Top Industrial Conglomerate Companies To Invest In Right Now: Domino's Pizza UK & IRL Plc(DOM.L)
Domino?s Pizza UK & IRL plc, together with its subsidiaries, holds the master franchise to own, operate, and franchise Domino?s Pizza stores in the United Kingdom and the Republic of Ireland. As of March 30, 2011, it operated 672 stores, which include 530 stores in England, 47 in Scotland, 27 in Wales, 18 in northern Ireland, 1 on the Isle of Man, 48 in the Republic of Ireland, and 1 mobile unit. The company, through its subsidiary, Intergrowth Enterprises Limited, also operates two stores in Berlin, Germany. Domino?s Pizza UK & IRL plc is headquartered in Milton Keynes, the United Kingdom.
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