It was a long engagement, but the union between growth-oriented M&T Bank (NYSE: MTB ) and Hudson City Bancorp (NASDAQ: HCBK ) looks like it is definitely back on track.
Anti-money laundering controls at issue
The long-awaited merger, agreed upon last August, ran into a roadblock when the Federal Reserve questioned the larger bank's money-laundering controls. But, M&T was determined to see the acquisition through, telling analysts back in April�that it would do whatever was necessary to seal the deal.
M&T has announced�that it will submit to the Fed a plan that will address the regulatory concerns over its money controls, and will engage an outside consultant to examine specific transactions that occurred at the bank in the latter half of 2012. As long as M&T complies with the stipulations in the agreement with the Fed, the $3.7 billion merger should be taken out of abeyance and allowed to move toward completion.
Top 10 Heal Care Stocks To Own For 2014: Royal Caribbean Cruises Ltd.(RCL)
Royal Caribbean Cruises Ltd. operates in the cruise vacation industry worldwide. It owns five cruise brands, which comprise Royal Caribbean International, Celebrity Cruises, Pullmantur, Azamara Club Cruises, and CDF Croisi�es de France. The Royal Caribbean International brand provides various itineraries and cruise lengths with options for onboard dining, entertainment, and other onboard activities primarily for the contemporary segment. It offers surf simulators, water parks, ice skating rinks, rock climbing walls, and shore excursions at each port of call, as well as boulevards with shopping, dining, and entertainment venues. The Celebrity Cruises brand operates onboard upscale ships that offer luxurious accommodations, fine dining, personalized services, spa facilities, venue featuring live grass, and glass blowing studio for the premium segment, as well as resells computers and other media devices. The Pullmantur brand provides an array of onboard activities and serv ices to guests, including exercise facilities, swimming pools, beauty salons, gaming facilities, shopping, dining, complimentary beverages, and entertainment venues serving the contemporary segment of the Spanish, Portuguese, and Latin American cruise markets. The Azamara Club Cruises brand offers various onboard services, amenities, gaming facilities, fine dining, spa and wellness, butler service for suites, and interactive entertainment venues for the up-market segment of the North American, United Kingdom, German, and Australian markets. The CDF Croisieres de France brand offers seasonal itineraries to the Mediterranean; and various onboard services, amenities, entertainment venues, exercise and spa facilities, fine dining, and gaming facilities for the contemporary segment of the French cruise market. As of December 31, 2011, the company operated 39 ships with a total capacity of approximately 92,650 berths. Royal Caribbean Cruises Ltd. was founded in 1968 and is headqua rtered in Miami, Florida.
Advisors' Opinion:- [By Hawkinvest]
Royal Caribbean Cruises (RCL) is one of Carnival's competitors in the cruise industry. Royal does not have the same issues as Carnival in terms of the Costa Concordia incident, but it could be impacted by discounting in cruise fares, as well as higher fuel costs. Royal Caribbean shares were recently downgraded to a strong sell by Zacks Investment Research, and a recent analyst report states:
We are a bit doubtful about the cruising sector in the near term after Carnival's ship Costa Concordia ran aground in mid-January on Italy's west coast. The disaster hit the industry in the wake of the wave season between January and March. The recent tragedy resulted in subdued bookings. Royal Caribbean's overall booking volumes in North America came down. In Europe, where the incident took place, the cut in bookings has been steeper. Business in APMEA was also down slightly. The company expects a 20% decline in new bookings during the peak of wave season.
This stock was trading below $26 in early January, but it has rallied with the markets. With oil prices trending higher, and the stock at the high end of the recent trading range, the shares look vulnerable to a pullback.
Here are some key points for RCL:
Current share price: $29.89
The 52 week range is $18.70 to $45.45
Earnings estimates for 2011: $2.32 per share
Earnings estimates for 2012: $2.94 per share
Annual dividend: 40 cents per share which yields about 1.3%
Top 10 Heal Care Stocks To Own For 2014: Sparton Corporation(SPA)
Sparton Corporation, together with its subsidiaries, offers electronic manufacturing services primarily for medical device, defense and security systems, and electronic manufacturing services industries worldwide. The company?s Medical segment engages in the contract development, design, production, and distribution of medical related electromechanical devices for the medical OEM and ET customers primarily in the vitro diagnostic and therapeutic device areas. Its EMS segment involves in the contract manufacturing, assembly, design, preproduction, prototyping, and/or box building assemblies, such as flight control systems and fuel control systems for the aerospace, medical diagnostics systems, security systems, detection systems, lighting, and defense. The company?s DSS segment engages in the design, development, and production of electromechanical equipment, such as sonobuoys, an anti-submarine warfare device used by the United States Navy and foreign governments; and perf orms an engineering development function for the United States military and prime defense contractors on advanced technologies for defense products, and replacement of current systems. It also offers non-sonobuoy related manufacturing and services. Sparton Corporation was founded in 1900 and is headquartered in Schaumburg, Illinois.
Best Low Price Companies To Buy Right Now: Morgan Stanley Emerging Markets Fund Inc. (MSF)
Morgan Stanley Emerging Markets Fund, Inc. is a closed-ended equity mutual fund launched and managed by Morgan Stanley Investment Management Inc. It invests in the public equity markets across the global emerging markets. The fund invests in stocks of companies operating across diversified sectors. It makes its investments in companies across all market capitalizations. The fund benchmarks the performance of its portfolio against the MSCI Emerging Markets Free Index. Morgan Stanley Emerging Markets Fund Inc. was formed on November 1, 1991 and is domiciled in the United States.
Top 10 Heal Care Stocks To Own For 2014: Isramco Inc.(ISRL)
Isramco, Inc., together with its subsidiaries, engages in the acquisition, development, production, and exploration of onshore oil and natural gas properties in the United States. It owns various working interests in oil and gas wells in Louisiana, Texas, New Mexico, Oklahoma, Wyoming, Utah, and Colorado; and operates approximately 589 wells principally in Texas and New Mexico. The company sells its oil and natural gas products to independent marketers, oil and natural gas companies, and gas pipeline companies. As of December 31, 2010, its estimated total proved reserves were approximately 9,031 thousand barrels of oil equivalent, which included 3,318 thousand barrels of oil, and 23,701 million cubic feet of natural gas, and 1,763 thousand barrels of natural gas liquids. The company was founded in 1982 and is based in Houston, Texas.
Top 10 Heal Care Stocks To Own For 2014: Garda World Sec Co Class ‘A’ Co (GW.TO)
Garda World Security Corporation provides security solutions, cash logistics, and risk consulting services. The cash logistics segment offers armored transportation, cargo aircraft, deposit processing, cash vault, in-store cash control systems, and check imaging, and ATM services for banks and financial institutions, retailers, restaurants, and government agencies. The security solutions segment provides security agents for people and assets protection in various sectors, such as health care, government, telecommunications, natural resources, retail, property management, special events, and transportation. This segment also offers airport pre-board security screening, asset protection, crisis management, and patrol response services. The company also provides global risk consulting services, such as market entry strategy, project risk assessment, contingency planning, close protection, crisis response, and risk analysis services. It also provides pre-employment screening s ervices comprising verifications of criminal records, credit reports, references, education, and professional accreditation, as well as psychometric assessments and drug and alcohol testing; and consulting and investigation services for the detection of wrongful acts and offenses, such as workplace harassment, assault, threats, absenteeism, drugs and narcotics, theft and fraud, forgery, copyright infringement, and industrial espionage, as well as work conflicts protective services. The company was founded in 1995 and is based in Montreal, Canada.
Top 10 Heal Care Stocks To Own For 2014: First Federal Bancshares of Arkansas Inc.(FFBH)
First Federal Bancshares of Arkansas, Inc. operates as the holding company for First Federal Bank, a federally-chartered stock savings and loan association that provides various financial products and services to individuals and small to medium-sized businesses in northcentral and northwest Arkansas. The company offers a range of retail and business deposit accounts, including non-interest bearing and interest bearing checking accounts, savings and money market accounts, certificates of deposit, and individual retirement accounts. It also provides one-to-four-family residential mortgage, home equity and second mortgage, multi-family residential mortgage, commercial real estate, and land loans; residential and commercial construction, and land development loans; commercial business loans; and consumer loans, including automobile loans. In addition, the company offers automated teller machines, telephone and Internet banking services, overdraft service, debit cards, and safe deposit boxes. Further, it provides investment products through First Federal Investment Services, Inc. As of December 31, 2010, the bank operated through its main office in Harrison and 17 full-service offices located in Benton, Marion, Washington, Carroll, Baxter, and Boone counties. The company was founded in 1934 and is based in Harrison, Arkansas.
Top 10 Heal Care Stocks To Own For 2014: Ulstra Lithium Inc (ULI.V)
Ultra Lithium Inc. engages in the acquisition, exploration, and development of mineral properties in Canada. The company primarily explores for lithium and rare earth metals. It holds an option to acquire 100% interest in the Berland Property consisting of 2 lithium brine projects located near Berland River within west central Alberta; the Zigzag Lake lithium, tantalum, beryllium, and gallium property located in the town ship of Crescent Lake, Ontario; and South Big Smokey Valley comprising of approximately 364 placer claims covering approximately 7,280 acres located in the South Big Smokey Valley, Esmeralda County, Nevada. The company was formerly known as Jantar Resources Ltd. and changed its name to Ultra Lithium Inc. in September 2009. Ultra Lithium Inc. was founded in 2004 and is based in Vancouver, Canada.
Top 10 Heal Care Stocks To Own For 2014: Stanley Black & Decker Inc.(SWK)
Stanley Black & Decker, Inc. manufactures tools and engineered security solutions worldwide. The company?s Security segment provides a range of mechanical and electronic security products and systems, as well as various security services consisting of security integration systems, software, and related installation, maintenance, monitoring services; automatic doors, door closers, and exit devices; healthcare storage and supply chain solutions; patient protection products; hardware; and locking mechanisms. This segment sells its products to retailers; educational, financial, and healthcare institutions; and commercial, governmental, and industrial customers through direct sales forces and third party distributors. Its Industrial segment offers mechanics tools and storage systems, including wrenches, sockets, electronic diagnostic tools, tool boxes, and industrial storage and retrieval systems; engineered healthcare storage and retrieval systems; hydraulic tools and accessor ies; plumbing, heating, and air conditioning tools; assembly tools and systems; and specialty tools. This segment sells its products to industrial customers through third party distributors and direct sales forces. The company?s Construction & Do-It-Yourself segment manufactures hand tools, including measuring and leveling tools, planes, hammers, demolition tools, knives and blades, saws, chisels, and consumer tackers; consumer mechanics tools; storage units comprising plastic and metal tool boxes; and pneumatic tools and fasteners for use in construction, remodeling, furniture making, pallet and manufacturing applications. This segment sells its products to professional end users and consumers through retailers, including home centers, mass merchants, hardware stores, and retail lumber yards. The company was formerly known as The Stanley Works and changed its name to Stanley Black & Decker, Inc. in March 2010. Stanley Black & Decker was founded in 1843 and is based in New B ritain, Connecticut.
Advisors' Opinion:- [By SamSam Collins Collins]
Stanley Black & Decker, Inc. (NYSE: SWK ) is the largest producer of power tools and accessories with brands such as Stanley, Black & Decker, FatMax, DeWalt, Bostitch, Porter-Cable, Facom, Emhart Teknologies, Proto, Kwikset and Mac Tools. Sharp sales growth following the acquisition of Black & Decker in March 2010 focuses the company on the construction and do-it-yourself segments.
Credit Suisse has an "outperform" rating on SWK with an earnings estimate of $6.11 for 2012. Their price target is $72. Technically the stock is holding above both its 200-day moving average and its bullish support line. A break above $65 supports a price target of $73.
Top 10 Heal Care Stocks To Own For 2014: Seafield Resources Ltd (SFF.V)
Seafield Resources Ltd., a development stage mineral exploration company, focuses on gold exploration in Colombia, Mexico, and Canada. The company focuses on its Miraflores deposit located in Colombia. It also owns a 100% interest in the Quinch铆a gold project covering 6,757-hectares in Department of Risaralda, Colombia; a 100% interest in 14 patented parcels of mining land and 1 license of occupation located in the Kenora Mining Division of northwestern Ontario; and a 100% interest in the silver-gold Picachos property located in Durango state in Mexico. In addition, the company has a NI 43-101 compliant resource estimate for its Dosquebradas gold-copper deposit in Colombia. Seafield Resources Ltd. is headquartered in Toronto, Canada.
Top 10 Heal Care Stocks To Own For 2014: Era Carbon Offsets Ltd (ESR.V)
ERA Carbon Offsets Ltd., through its subsidiary, ERA Ecosystem Restoration Associates Inc. engages in the development and supply of forestry-based carbon offsets to the carbon offset markets in Canada, the United States, Africa, South America, and Australasia. The company provides project development and co-development services, including carbon modeling, financing, and consulting. It offers project development consulting services in the areas feasibility assessments, forest modeling, and methodology development. The company focuses on afforestation/reforestation, improved forest management, and reducing emissions from deforestation and degradation projects. It works with independent landowners, regional and state governments, land trusts, conservation NGOs, and intermediaries for evaluating, implementing, verifying, and commercializing forest carbon projects. The company is headquartered in North Vancouver, Canada.
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