Asian stocks outside Japan fell as investors await the conclusion tomorrow of a meeting of China�� leaders on economic reform. Japanese equities rose after better-than-expected U.S. payrolls data weakened the yen.
Robinsons Retail Holdings Inc., an operator of supermarkets and department stores controlled by billionaire John Gokongwei, slumped 5.4 percent on its trading debut following the largest Philippine initial public offering. Nexon Co., a maker of online games, plunged 22 percent in Tokyo after its net-income forecast missed estimates. Honda Motor Co., a Japanese carmaker that gets 47 percent of its revenue in North America, added 1.7 percent.
The MSCI Asia Pacific excluding Japan Index lost 0.5 percent to 467.63 as of 12:56 p.m. in Hong Kong. The MSCI Asia Pacific Index, which includes Japanese shares, was little changed at 139 after closing on Nov. 8 at the lowest level since Oct. 8. Chinese President Xi Jinping and Communist leaders tomorrow conclude a four-day gathering.
Top 5 Specialty Retail Companies To Invest In Right Now: Spirit Airlines Inc.(SAVE)
Spirit Airlines, Inc. provides passenger airline services. It provides travel opportunities principally to and from south Florida, the northeast United States, the Caribbean, and Latin America. The company also offers optional travel-related products or services. As of December 31, 2011, it had a fleet of 37 Airbus single-aisle aircrafts. The company was formerly known as Charter One and changed its name to Spirit Airlines, Inc. in 1992. Spirit Airlines, Inc. was founded in 1964 and is headquartered in Miramar, Florida.
Advisors' Opinion:- [By Roberto Pedone]
Spirit Airlines (SAVE) provides low-fare airline services, operating approximately 250 daily flights to 50 destinations in the U.S., Caribbean and Latin America. This stock closed up 3.8% at $58.96 in Monday's trading session.
Monday's Volume: 3.19 million
Three-Month Average Volume: 956,275
Volume % Change: 207%From a technical perspective, SAVE ripped higher here with strong upside volume flows. This stock has been under heavy selling pressure over the last month and change, with shares falling from its high of $74 to its recent low of $52.75. That downtrend has produced multiple trading sessions of violent downside volatility, as shares were consistently making lower highs and lower lows, which is bearish technical price action. That said, shares of SAVE have now started to rebound off that $52.75 low and it's starting to move within range of triggering a near-term breakout trade. That trade will hit if SAVE manages to take out Monday's intraday high of $58.99 to its 200-day moving average of $60.25 with high volume.
Traders should now look for long-biased trades in SAVE as long as it's trending above Monday's intraday low of $56.83 and then once it sustains a move or close above those breakout levels with volume that's near or above 956,275 shares. If that breakout develops soon, then SAVE will set up to re-fill its previous gap-down-day zone from earlier this month that started near $66.
- [By Jon C. Ogg]
Spirit Airlines Inc. (NASDAQ: SAVE) was raised to Outperform from Market Perform at Raymond James.
Here are the Warren Buffett stocks with the most upside from the Berkshire Hathaway stock holdings.
- [By Alex Planes]
It's been a bit over two months since my fellow Fool Sean Williams pointed out that Republic, despite its low price, was booking fewer passenger-miles in 2013 and could be set for a fall. Since then, Republic's shares have shed approximately 15% of their value. To counter the possibility of revenue declines, the airline joined Spirit Airlines (NASDAQ: SAVE ) and Allegiant Travel (NASDAQ: ALGT ) last month in charging a fee for carry-on baggage, which is more or less the final frontier of irritating airline charges, short of charging you for the oxygen should those masks drop down during an emergency.
Top Supermarket Companies To Watch In Right Now: Santander Mexico Financial Group SAB de CV (BSMX)
Santander Mexico Financial Group SAB de CV, formerly Grupo Financiero Santander SAB de CV, is a Mexico-based financial institution. The Company is primarily engaged, through its subsidiaries, in the provision of multiple banking services, securities brokerage, financial advice services, as well as other related investment activities. The Company offers its services to both, individual and corporate clients. The Company owns such principal subsidiaries as Banco Santander (Mexico) SA, Casa de Bolsa Santander SA de CV and Zurich Santander Seguros Mexico S.A. In December, 2013, the Company concluded the sale of Gestion Santander SA de CV's shares, as a result of the agreement reached with its parent company, Banco Santander SA. Advisors' Opinion:- [By Dan Burrows]
The current economic and political environment makes it hard to see what possible catalyst could pull EBR stock out of negative territory any time soon. EBR’s payouts have been erratic, so the stock’s dividend yield is basically a roll of the dice. Worst of all, EBB still has no profits. For dividend stocks, that’s another dealbreaker.
Grupo Financiero Santander Mexico (BSMX)Market Cap: $14.9 billion
Dividend Yield: 11.4%
YTD Price Performance: -20% - [By Eric Volkman]
ING's (NYSE: ING ) Latin American operations will soon be one division lighter. The company announced it reached an agreement to sell its mortgage business in Mexico to�Grupo Financiero Santander Mexico (NYSE: BSMX ) , the local presence of Spanish financial group Banco Santander (NYSE: SAN ) . The price was 643 million pesos ($51 million), according to Mexico City newspaper La Cronica de Hoy.
Top Supermarket Companies To Watch In Right Now: Hovnanian Enterprises Inc (HOV)
Hovnanian Enterprises, Inc. (Hovnanian), incorporated in 1967, designs, constructs, markets, and sells single-family detached homes, attached townhomes and condominiums, mid-rise condominiums, urban infill and active adult homes in planned residential developments. The Company consists of two distinct operations: homebuilding and financial services. Its homebuilding operations consist of six segments: Northeast,including New Jersey and Pennsylvania; Mid-Atlantic, including Delaware, Maryland, Virginia, West Virginia, and Washington, D.C; Midwest, including Illinois, Minnesota and Ohio; Southeast, including Florida, Georgia, North Carolina and South Carolina; Southwest, including Arizona and Texas, and West, including California. Its financial services operations provide mortgage loans and title services to the customers of its homebuilding operations. During fiscal year ended October 31, 2011 (fiscal 2011), the Company had delivered 4,216 homes.
As of October 31, 2011, the Company was, excluding unconsolidated joint ventures, offering homes for sale in 192 communities in 37 markets in 16 states throughout the United States. It markets and builds homes for first-time buyers, first-time and second-time move-up buyers, luxury buyers, active adult buyers and empty nesters. It offers a product range to provide housing to a range of customers. Its diverse product array includes single-family detached homes, attached townhomes and condominiums, mid-rise condominiums, urban infill and active adult homes.
The Company�� residential development activities include site planning and engineering, obtaining environmental and other regulatory approvals and constructing roads, sewer, water, and drainage facilities, recreational facilities and other amenities and marketing and selling homes. These activities are performed by its associates, together with independent architects, consultants, and contractors.
The Company sells its homes to customers who finance their purchases th! rough mortgages. It originates loans in Arizona, California, Delaware, Florida, Georgia, Illinois, Maryland, Minnesota, New Jersey, New York, North Carolina, Pennsylvania, South Carolina, Texas, Virginia, Washington, D.C. and West Virginia.
Advisors' Opinion:- [By Rick Munarriz]
We're not just talking about a week of gains here. Pulte (NYSE: PHM ) , KB Home (NYSE: KBH ) , and Hovnanian (NYSE: HOV ) more than doubled last year. Hovnanian saw its stock soar 363% in 2012!
Top Supermarket Companies To Watch In Right Now: LSI Industries Inc.(LYTS)
LSI Industries Inc. provides corporate visual image solutions primarily in the United States, Canada, Australia, and Latin America. It operates in three segments: Lighting, Graphics, and Technology. The Lighting segment manufactures and markets outdoor and indoor lighting, canopy lighting, landscape lighting, light emitting diodes (LED) lighting, light poles, and photometric layouts products, as well as lighting analysis services. The Graphics segment manufactures and sells exterior and interior visual image elements for use in visual image programs. It offers signage and canopy graphics; pump dispenser graphics; building fascia graphics; decals; interior signage and marketing graphics; aisle markers; wall mural graphics; fleet graphics; prototype program graphics; and solid state LED video screens for the sports and advertising markets, as well as installation services for graphics products. The Technology segment designs, produces, and supports light engines and large fo rmat video screens using LED technology; and specialty LED lighting. Additionally, the company offers menu board systems. It serves commercial, industrial, and multi-site retail markets; petroleum/convenience stores; sports and advertising; and entertainment markets. The company sells its products through regional sales managers, independent sales representatives, and distributors. LSI Industries was founded in 1976 and is headquartered in Cincinnati, Ohio.
Advisors' Opinion:- [By Dan Caplinger]
In Daktronics' report, be sure to look at how the company compares to results that industrial-lighting and display competitor LSI Industries (NASDAQ: LYTS ) announced late last month. Even with a 5% gain in revenue for its March quarter, LSI posted a loss, showing the difficulty in producing high-margin business in the industry. For its part, if Daktronics can keep pushing past its operational challenges, it should be in better position to stay profitable both this quarter and well into the future.
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