Asian stocks outside Japan rose after better-than-estimated U.S. jobs data added to signs that the world�� largest economy is recovering, boosting the earnings prospects for exporters.
CSL Ltd. (CSL), a maker of blood-derived therapies that gets about 38 percent of sales in the U.S., gained 3.5 percent in Sydney. Cnooc Ltd. (883), China�� largest offshore energy explorer, added 2.1 percent in Hong Kong as crude oil traded near a 14-month high. Dentsu Inc., a Japanese advertising company that bought Aegis Group Plc, sank 9.2 percent after saying it will raise as much as 120.1 billion yen ($1.2 billion) selling shares to help pay for the deal.
The MSCI Asia Pacific excluding Japan Index advanced 1 percent to 424.88 as of 6:19 p.m. in Hong Kong, as all 10 industry groups on the gauge climbed. Global stocks have slumped since May 20 after Federal Reserve Chairman Ben S. Bernanke said the central bank may reduce bond purchases if the U.S. economy improves in line with forecasts.
Hot Paper Companies To Watch In Right Now: Five Star Quality Care Inc (FVE)
Five Star Quality Care, Inc. (Five Star), incorporated in April 2000, operates senior living communities, including independent living communities, assisted living communities and skilled nursing facilities (SNFs). As of December 31, 2011, the Company operated 245 senior living communities located in 30 states containing 27,159 living units, including 207 primarily independent and assisted living communities with 23,736 living units and 38 SNFs with 3,423 living units. The Company owns and operates 31 communities (2,954 living units), lease and operate 191 communities (20,811 living units), and manage 23 communities (3,394 living units). Its 245 senior living communities included 8,699 independent living apartments, 13,069 assisted living suites and 5,391 skilled nursing units. During the year ended December 31, 2011, the Company discontinued its operations on two SNFs owned and operated by it containing 271 living units and one assisted living community leased from Senior Housing Properties Trust (SNH) and operated by it containing 103 living units. In September 2012, it sold its pharmacy business to Omnicare, Inc. Effective December 31, 2013, Five Star transferred the operations of two rehabilitation hospitals, which included New England Rehabilitation Hospital located in Woburn and Braintree Rehabilitation Hospital located in Braintree, to entities affiliated with Reliant Hospital Partners, LLC.
As of December 31, 2011, the Company leased and operated two rehabilitation hospitals with 321 beds that provide inpatient rehabilitation services to patients at the two hospitals and at three satellite locations. In addition, it leased and operated 13 outpatient clinics affiliated with these rehabilitation hospitals. It also owns and operate five institutional pharmacies. In 2011, the Company acquired from unrelated parties seven assisted living communities containing 854 living units with one located in Arizona and the other six located in Indiana, or the Indiana Communities. It also commenc! ed leasing from SNH six senior living communities containing 724 living units with one located in each of Illinois and Florida and two located in each of North Carolina and Virginia.
Independent Living Communities
Independent living communities provide privacy to residents and require residents to be capable of independence. An independent living apartment usually bundles several services as part of a regular monthly charge. In addition, services are available from staff employees on a fee for service basis. As of December 31, 2011, its business included 8,699 independent living apartments in 75 communities that it operated or managed.
Assisted Living Communities
Assisted living communities consists of one bedroom units which include private bathrooms and kitchens. Services bundled within one charge usually include three meals per day in a central dining room, daily housekeeping, laundry, medical reminders and around the clock availability of assistance with the activities of daily living such as dressing and bathing. Professional nursing and healthcare services are usually available at the community as requested or at regularly scheduled times. As of December 31, 2011, its business included 13,069 assisted living suites in 185 communities that it operated or managed. .
Skilled Nursing Facilities
SNFs provide nursing and healthcare services similar to those available in hospitals. A purpose built SNF includes one or two beds per room with a separate bathroom in each room and shared dining facilities. SNFs are staffed by licensed nursing professionals 24 hours per day. As of December 31, 2011, its business included 5,391 skilled nursing units in 69 communities.
Rehabilitation Hospitals
Rehabilitation hospitals, which are also known as inpatient rehabilitation facilities (IRFs), provide intensive physical therapy, occupational therapy and speech language pathology services. Patients in IRFs receive a mi! nimum of ! three hours of rehabilitation services daily. IRFs also provides radiology, laboratory, telemetry, hemodialysis and orthotics/prosthetics services. Outpatient satellite clinics are often included as part of the services offered by IRFs. As of December 31, 2011, its two rehabilitation hospitals had 321 beds available for inpatient services and provided rehabilitation services at the two hospitals and three satellite locations. In addition, it operates 13 outpatient clinics affiliated with its rehabilitation hospitals where patients discharged from hospitals can continue their therapy programs and receive amputee, brain injury, neurorehabilitation, cardio-pulmonary, orthopedic, spinal cord injury and stroke rehabilitation services.
Institutional Pharmacies
Institutional pharmacies provide drugs at locations where patients with recurring pharmacy requirements are concentrated. The Company�� five institutional pharmacies are located in six leased commercial spaces and one owned commercial building containing a total of approximately 67,759 square feet plus parking areas for its employees and delivery vehicles.
Advisors' Opinion:- [By Keith Speights]
Falling stars
The sky didn't fall, but it might have seemed like it this week for shareholders of Five Star Quality (NYSE: FVE ) . The stock dropped 21% after the operator of long-term-care facilities reported quarterly earnings. - [By Laura Brodbeck]
Tuesday
Earnings Expected From: Five Star Quality Care, Inc. (NYSE: FVE), Maximus, Inc. (NYSE: MMS), Nustar Energy (NYSE: NS), D.R. Horton, Inc. (NYSE: DHI), DISH Network Corporation (NASDAQ: DISH) Economic Releases Expected: German CPI, British CPI, British PPI, US Redbook, Indian manufacturing output, Indian industrial productionWednesday
Best Asian Stocks To Watch Right Now: Evercore Partners Inc(EVR)
Evercore Partners Inc. operates as an independent investment banking advisory firm. The company operates through two segments, Investment Banking and Investment Management. The Investment Banking segment offers advisory services on mergers, acquisitions, divestitures, and other strategic corporate transactions primarily for multinational corporations and private equity firms; and restructuring advice to companies in financial transition, as well as to creditors, shareholders, and potential acquirers. This segment also provides capital markets advice; underwrites securities offerings; raises funds for financial sponsors; and offers equity research and agency-only equity securities trading for institutional investors. The Investment Management segment manages financial assets for institutional investors; provides independent fiduciary services to corporate employee benefit plans; provides wealth management services for high net-worth individuals; manages private equity funds ; and offers specialized investment management and trustee services. The company operates primarily in the United States, Europe, and Latin America. Evercore Partners Inc. was founded in 1996 and is headquartered in New York, New York.
Advisors' Opinion:- [By Marc Bastow]
Independent investment advisory firm Evercore Partners (EVR) raised its quarterly dividend 13.6% to 25 cents per share, payable on Dec. 13 to shareholders of record as of Nov. 29.
EVR Dividend Yield:�1.9%
Best Asian Stocks To Watch Right Now: Cardinal Financial Corporation(CFNL)
Cardinal Financial Corporation operates as the holding company for Cardinal Bank that provides banking products and services to commercial and retail customers in Virginia and greater Washington, D.C. metropolitan area. It primarily engages in accepting deposits and originating loans. The company?s deposit products include commercial and retail checking accounts, money market accounts, individual retirement accounts, regular interest-bearing savings accounts, and certificates of deposits. Its lending portfolio comprises commercial and industrial loans, commercial mortgage loans, residential mortgage loans, construction loans, home equity lines of credit, and consumer loans. The company also offers courier, telephone and Internet banking, and automatic teller machine services, as well as traveler?s checks, coin counters, wire services, and safe deposit box services. In addition, Cardinal Financial Corporation, through its other subsidiaries, involves in the origination an d acquisition of residential mortgages for sale into the secondary market in the metropolitan Washington, D.C. region, as well as provides a construction-to-permanent loan program; offers retail securities brokerage and asset management services; and provides trust, estate, custody, investment management, and retirement planning services. It operates 26 banking offices. Cardinal Financial Corporation was founded in 1997 and is headquartered in McLean, Virginia.
Advisors' Opinion:- [By Ben Levisohn]
Cardinal Financial (CFNL) has gained 5.8% to $17.47 after it was upgraded to Outperform from Market Perform by Keefe Bruyette & Woods.
Weatherford International (WFT) has dropped 6.3% to $14.75 before the open of trading after it announced the departure of its CFO in an 8-K filing. Wells Fargo and Raymond James both cut Weatherford’s shares as a result of the change.
- [By Marc Bastow]
Bank holding company Cardinal Financial (CFNL) raised its quarterly dividend 33% to 8 cents per share, payable on Feb. 24 to shareholders of record as of Feb. 6.
CFNL Dividend Yield: 1.88%
Best Asian Stocks To Watch Right Now: Peoples Bancorp of North Carolina Inc.(PEBK)
Peoples Bancorp of North Carolina, Inc. operates as the holding company for Peoples Bank, which provides various banking products and services to individuals and small to medium-sized businesses in Catawba Valley and surrounding communities in North Carolina. Its deposit products include demand deposits; interest-bearing checking accounts; NOW, MMDA, and savings deposits; regular savings accounts; money market accounts; time deposits; and certificates of deposit. The company?s lending portfolio comprises commercial loans, real estate mortgage loans, real estate construction loans, and consumer loans, as well as agricultural loans. It also provides real estate appraisal and real estate brokerage services, as well as access to investment counseling and non-deposit investment products, such as stocks, bonds, mutual funds, tax deferred annuities, and related brokerage services. It operates 22 banking offices located in Lincolnton, Newton, Denver, Catawba, Conover, Maiden, Cla remont, Hiddenite, Hickory, Charlotte, Monroe, Cornelius, Mooresville, and Raleigh in North Carolina, as well as a loan production office in Denver, North Carolina. The company was founded in 1912 and is based in Newton, North Carolina.
Advisors' Opinion:- [By Tim Melvin]
Stilwell�� funds also bought more shares of Peoples Bancorp of North Carolina (PEBK). The bank operates in central North Carolina and has 22 branches with a little over $1 billion in assets. PEBK just reported a solid quarter, increasing earnings by more than 40% year-over-year while working down nonperforming assets by 30%. The bank also grew its deposit base in the quarter — a difficult accomplishment for many small banks this year.
- [By Tim Melvin]
Peoples Bank of North Carolina (PEBK) has also seen strong insider buying recently. One director as well as the CEO and Chairman of the board have made open market purchases of the stock in the past few months. The bank serves the central areas of North Carolina and also operates Banco de la Gente, which has four branches that serve the region�� fast-growing Latin American community. The bank serves a market with above-average economic prospects and has a very attractive 22-branch network that is likely to attract the attention of larger banks in the region.
Best Asian Stocks To Watch Right Now: Workday Inc (WDAY)
Workday, Inc., incorporated in March 2005, is a provider of enterprise cloud-based applications for human capital management (HCM), payroll, financial management, time tracking, procurement and employee expense management. It is focused on the consumer Internet experience and cloud delivery model. Its applications are designed for global enterprises to manage complex and dynamic operating environments. The Company provides its customers the applications to manage critical business functions for their financial and human capital resources. In February 2014, Workday Inc acquired Identified Inc, a provider of online recruitment analytics services.
Multi-Tenant Architecture
The Company�� architecture enables customers to share the same version of its applications while securely partitioning their respective application data. Because customers utilize its information technology (IT) resources and operational infrastructure, this framework reduces the costs of implementation, upgrades, and support.
Object-Oriented Technology Framework
The Company�� applications use objects to represent real-world entities such as employees, benefits, budgets, charts of accounts, and organizations.
In-Memory Data Management
The Company�� use of in-memory processing brings data physically closer to the central processing units and into main memory, eliminating the need to run a disk-seek operation each time a data look-up is performed. This allows for the delivery of embedded business intelligence to facilitate actionable analytics and reporting.
Consumer User Interface (UI)
The Company has built a UI platform that allows it to embrace new UI technologies without needing to rewrite the underlying application logic. It supports all browsers, run natively on Apple�� iOS with applications specifically designed for the iPad and iPhone, and support other mobile platforms such as Android, Windows Mobile and Symbian thro! ugh its HTML5 client.
Configurable Processes
The Company offers a set of tools for configuring, managing, monitoring, and optimizing the business processes that organizations rely on to manage their business. It includes over 270 pre-defined business process definitions to help deployments and provide a starting point for additional configuration.
Web Services-based Integration Platform
By offering an enterprise-class, embedded Web services integration platform and toolset at no additional cost, it relieves customers of many of the burdens associated with legacy systems integration and greatly reduce the risk of implementation failures or delays. In addition to open, standards-based Web services application programming interfaces, it provides a growing portfolio of pre-built, packaged integrations and connectors called Integration Cloud Connect.
Security and Audit
The Company endeavors to adhere to the security standards. It voluntarily obtain third party examinations relating to security and data privacy. It delivers configurable, user-level access control policies as well as a comprehensive, always-on auditing service that captures and documents changes to both data elements and business processes.
The Company competes with Oracle Corporation (Oracle), SAP AG (SAP), Ceridian and NetSuite, Inc.
Advisors' Opinion:- [By Matt Jarzemsky]
The deal by the data-analysis software maker follows well-received offerings by software makers Workday Inc.(WDAY) and Cvent Inc.(CVT) last week, suggesting investor interest in cloud computing and ��ig data��analysis remain high. Those deals bucked the broader market�� sluggish tone, with indexes little changed out of the gate this year and many strategists predicting muted returns after 2013�� rally.
Best Asian Stocks To Watch Right Now: Nuveen Senior Income Fund (NSL)
Nuveen Senior Income Fund is a close ended fixed income mutual fund launched by Nuveen Investments, Inc. It is co-managed by Nuveen Asset Management and Symphony Asset Management LLC. The fund invests in fixed income markets of the United States. It primarily invests in adjustable rate senior secured loans. Nuveen Senior Income Fund was formed on October 26, 1999 and is domiciled in the United States.
Advisors' Opinion:- [By John Dowdee]
The following 10 funds satisfied all of these conditions:
BlackRock Float Rate Strategies (FRA). This CEF sells at a discount of 3%, which is low compared to an average premium of 2% over the past year. The distribution has been managed at 6.1% and a small amount (less than 10%) has been return of capital (ROC). However, this has not negatively affected net asset value (NAV) so has not been destructive. The fund holds 447 securities, with 90% in floating rate loans. FRA utilizes 27% leverage and has an expense ratio of 1.7%, including interest payments. Eaton Vance Floating Rate (EFR). This CEF sells at a 1% premium, which is low compared to an average premium of 5% over the past year. The distribution is 6.2%, none of which was ROC. The fund holds 800 securities, with 90% in floating rate loans. About 85% of the securities are from U.S. companies. EFR utilizes 35% leverage and has an expense ratio of 1.8% including interest payments. ING Prime Rate Trust (PPR). This CEF sells for a premium of 2%, which is below the average premium of 5%. It has a distribution of 6.8%, none of which was ROC. The fund has 350 holdings, virtually all in senior loans and from US companies. PPR utilizes 29% leverage and has a high expense ratio of 2.1%, including interest payments. Invesco VK Dynamic Credit Opportunities (VTA). This CEF sells for a discount of 5%, which is below the average discount of 1%. It has a distribution of 7.1%, none of which was ROC. The fund has 495 holdings, with 76% in floating rate loans. About 25% of the loans are from non-US companies. VTA utilizes a relatively low 20% leverage but still has a high expense ratio of 2.1%, including interest payments. Invesco VK Senior Income (VVR). This CEF sells for a discount of 1%, which is below the average premium of 3%. It has a distribution of 7.1%, none of which was ROC. The fund has over 500 holdings, with 89% in floating rate loans. Almost all (95%) securities are from US companies. VVR ut
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