Tesla (NASDAQ: TSLA ) has revised its Model S financing plan -- offering longer-term loans that the company says will have those who use the electric car for personal use paying $580 a month, after taking gasoline savings into account -- and raising the resale value�guarantee of the vehicles as well.
"Buying a Model S through the Tesla financing offering now comes with a guarantee that the resale value will be higher than that of BMW, Audi, Mercedes, Lexus or Jaguar," said the company in a statement today.
Tesla's initial financing offer debuted last month and had many journalists and customers questioning the program's details, including whether a buyer would actually end up paying $500 a month. The company's co-founder and CEO, Elon Musk, said in an online statement today that Tesla has fixed the offer and increased the resale value of the cars as well. "We appreciate the feedback from a number of journalists and customers that the first version of our financing product wasn�� quite right," he said in a statement.
Top 5 Canadian Companies To Buy Right Now: NN Inc.(NNBR)
NN, Inc. engages in the manufacture and sale of metal bearing, plastic and rubber, and precision metal components for bearing manufacturers worldwide. It operates in three segments: Metal Bearing Components, Plastic and Rubber Components, and Precision Metal Components. The Metal Bearing Components segment manufactures precision steel balls that are used primarily by manufacturers of anti-friction bearings; steel rollers comprising tapered rollers used in automotive gearbox applications, automotive wheel bearings, and various industrial applications; cylindrical rollers; and precision metal retainers for roller bearings. The Plastic and Rubber Components segment offers precision bearing seals for use in the automotive, industrial, agricultural, and mining markets; precision plastic retainers for ball and roller bearings used in various industrial applications; and precision plastic components, including automotive under-the-hood components, electronic instrument cases, pre cision electronic connectors and lenses, and various specialized industrial and consumer parts. The Precision Metal Components segment provides engineered shafts, fluid power assemblies, and complex precision assembled and tested parts used in the automotive, HVAC, fluid power, and diesel engine markets. The company was founded in 1980 and is based in Johnson City, Tennessee.
Advisors' Opinion:- [By Marc Bastow]
Precision ball-bearings and tapered rollings manufacturer NN, Inc. (NNBR) raised its quarterly dividend 16.6% to 7 cents per share, payable March 14 to shareholders of record as of Feb. 28.
NNBR Dividend Yield: 1.47% - [By Eric Volkman]
NN (NASDAQ: NNBR ) has a new man in the CEO chair. Richard Holder has been tapped to be the firm's CEO, effective June 3. He replaces the retiring Roderick Baty. Holder will also assume Baty's board seat, the term for which runs through NN's annual meeting in 2015.
Top US Companies To Watch For 2014: Official Payments Holdings Inc (OPAY)
Official Payments Holdings, Inc., formerly Tier Technologies, Inc., incorporated in 1991, is a provider of biller direct electronic payment solutions, through its primary brand Official Payments. These solutions provide payment services via multiple channels, including the Internet, automated Interactive Voice Response (IVR), call center and point-of-sale (POS), environments. Its solutions include multiple enhanced payment services, including convenience fee payments, absorbed payments, payment reminder and automated payment scheduling. It also offers its clients a range of payment choices, including credit and debit cards, electronic checks, cash and money orders, and emerging payment methods to meet the needs of their customers. Its segments include Electronic Payment Solutions (EPS) and Wind-down operations.
The Company offers its clients a front-end platform designed for the biller direct market with a single source solution that simplifies the management of electronic payments. Its verticals include Federal, State and Local, Property Tax, Utility, Education and Others. During the fiscal year ended September 30, 2010 (fiscal 2010), it also provided services in one business area which is in the process of winding-down.
ELECTRONIC PAYMENT SOLUTIONS
The business consists of the Company�� biller direct solutions, which is called EPS. It offers services using several pricing options, such as transaction fee, convenience fee, flat fee, or client absorbed fee (fees paid directly by the client, in lieu of those charges being paid by the constituent using the service), which can be billed as a percentage fee, a fixed fee, or some combination of both. It provides services and solutions in several different verticals. Its client base includes the Unites States Internal Revenue Service (IRS), 27 states, the District of Columbia and nearly 4,600 additional clients, consisting of local governments and other public sector clients and approximately 100 private sector cli! ents. As of September 30, 2010, it offered nearly 9,200 payment types.
The Company provides businesses and individuals the opportunity to pay certain federal income and business tax obligations electronically via credit or debit cards. Payment options include all credit cards: American Express, Discover, MasterCard, Visa and all debit cards including some regional automated teller machine (ATM) card networks. Payment channels include Internet, IVR, and agent (a third-party provider who accepts payments on behalf of its client). In fiscal 2010, it provided payment services for 23 types of tax forms for the IRS. Revenues from Federal vertical represented 20.5% of EPS revenues for fiscal year 2010. Its contract with the IRS to provide payment services for federal tax payments contributed 17.1% of EPS revenue for fiscal year 2010.
The Company offers a variety of electronic payment solutions to state and local governments for electronic payments for personal income taxes and business taxes. For fiscal year 2010, this vertical represented 8.5% of EPS revenue.
Within the Utility vertical, the Company allows its customers and constituents of various companies and municipalities to pay their utility obligations electronically using all credit cards, debit card, e-check, cash or money order. The utility company customers can utilize the Internet, IVR, POS, agent, walk-up locations or kiosks to make these payments. For fiscal year 2010, this vertical represented 15.3% of EPS revenue.
The Company�� solutions within the education vertical service post-secondary education institutions. Solutions it provides to these clients include electronic payment options for tuition and fee payments, housing and alumni donations. During fiscal year 2010, this vertical represented 13.6% of EPS revenue.
Other vertical consists of state and local courts and citations, rent payments and insurance payments for various entities, electronic payment options for meal a! nd fee pa! yments for K-12 educational institutions, plus personal property tax payments. During fiscal year 2010, this vertical represented 14.8% of EPS revenues.
WIND-DOWN OPERATIONS
As of September 30, 2010, the Company�� Wind-down operations consisted of its VSA business from its former GBPO segment. In fiscal 2010, it serviced over 100 customers within this business.
The Company competes with Link2Gov, RBS WorldPay, SallieMae Business Office Solutions, TouchNet Information Systems, Inc, CheckFree, Bill Matrix, Oracle and Online Resources.
Advisors' Opinion:- [By Monica Gerson]
Official Payments Holdings (NASDAQ: OPAY) shares surged 0.23% to touch a new 52-week high of $8.65. Official Payments shares have jumped 87.61% over the past 52 weeks, while the S&P 500 index has gained 16.68% in the same period.
Top US Companies To Watch For 2014: Norfolk Souther Corporation(NSC)
Norfolk Southern Corporation, through its subsidiaries, engages in the rail transportation of raw materials, intermediate products, and finished goods primarily in the United States. The company transports coal products, such as coal, coke, and iron ore; automotive products, including finished vehicles and auto parts; chemicals products consisting of sulfur and related chemicals, petroleum products, chlorine and bleaching compounds, plastics, rubber, industrial chemicals, chemical wastes, and municipal wastes; metals and construction products comprising steel, aluminum products, machinery, scrap metals, cement, aggregates, bricks, and minerals; and paper, clay, and forest products, including lumber and wood products, pulp board and paper products, wood fibers, wood pulp, scrap paper, and clay. It also transports agriculture, consumer, and government products, such as soybeans, wheat, corn, fertilizer, animal and poultry feed, food oils, flour, beverages, canned goods, swee teners, consumer products, ethanol, and items for the military. In addition, it engages in the intermodal operations that include moving of shipments in trailers, the United States and international containers, and roadrailer equipment. Further, the company transports overseas freight through various Atlantic and Gulf Coast ports, as well as provides a range of logistics services; and operates passenger and commuter trains. Additionally, it involves in the acquisition, leasing, and management of coal, oil, gas, and minerals; the development of commercial real estate; telecommunications; and the leasing or sale of rail property and equipment. As of December 31, 2010, the company operated approximately 20,000 route miles in 22 states and the District of Columbia. The company was founded in 1883 and is based in Norfolk, Virginia.
Advisors' Opinion:- [By Chris Hill]
Coach� (NYSE: COH ) fell today after disappointing second-quarter results, stating that foot traffic at North American stores was "substantially lower."�Norfolk Southern (NYSE: NSC ) rose today after reporting strong Q4 earnings, with increases for the railroad company in most of its shipping categories.�AMD (NYSE: AMD ) was the most traded stock on the New York Stock Exchange today, with shares trading down after the chipmaker lowered guidance for the first quarter. And The Wall Street Journal is reporting that�Amazon.com (NASDAQ: AMZN ) is in discussions with media companies to distribute their channels online. In this segment, Matt and Mike discuss four stocks making moves on the market today.
- [By Tom Rojas and Maria Armental var popups = dojo.query(".socialByline .popC"); ]
Norfolk Southern Corp.(NSC) said its second-quarter earnings rose 21% on broad revenue growth, including a rebound in coal shipments. Shares ticked up slightly to $108.43 premarket.
- [By Dan Caplinger]
But CSX has responded to the coal crisis in a couple of ways. First, both it and fellow coal-focused railroad Norfolk Southern (NYSE: NSC ) have ramped up their efforts to export coal, as countries such as China and India remain hungry for low-cost-energy alternatives. Peabody Energy (NYSE: BTU ) has a natural advantage in supplying Asia because of its deposits in Australia, allowing it to send coal to India and China more cheaply than its peers, especially those with extensive deposits in the eastern half of the U.S. But even eastern producers have managed to boost their exports considerably, and that's helping the railroads that serve coal companies.
Top US Companies To Watch For 2014: Stellus Capital Investment Corp (SCM)
Stellus Capital Investment Corporation is an externally managed, closed-end, non-diversified management investment company. The Company was formed to originate and invest primarily in private middle-market companies.
The Company is focusing on a variety of industry sectors, including business services, energy, general industrial, government services, healthcare, software and specialty finance. Its investment activities will be managed by its investment adviser, Stellus Capital Management. It intends to originate and invest primarily in private middle-market companies through first lien, second lien, unitranche and mezzanine debt financing.
Advisors' Opinion:- [By Investing Caffeine]
DISCLOSURE: Sidoxia Capital Management (SCM) and some of its clients hold long positions in certain exchange traded funds (ETFs), but at the time of publishing SCM had no direct position in GS, SCHW, ICE, or any other security referenced in this article. No information accessed through the Investing Caffeine (IC) website constitutes investment, financial, legal, tax or other advice nor is to be relied on in making an investment or other decision. Please read disclosure language on IC Contact page.
- [By Investing Caffeine]
With the stock market reaching all-time record highs (S&P 500: 1900), you would think there would be a lot of cheers, high-fiving, and back slapping. Instead, investors are ignoring the sunny, blue skies and taking off their rose-colored glasses. Rather than securely sleeping like a baby (or relaxing during a three-day weekend) with their investment accounts, people are biting their fingernails with clenched teeth, while searching for a market boogeyman in their closets or under their beds.If you don�� believe me, all you have to do is pick up the paper, turn on the TV, or walk over to the office water cooler. An avalanche of scary headlines that are spooking investors include geopolitical concerns in Ukraine & Thailand, slowing housing statistics, bearish hedge fund managers (i.e., Tepper Einhorn, Cooperman), declining interest rates, and collapsing internet stocks. In other words, investors are looking for things to worry about, despite record corporate profits and stock prices. Peter Lynch, the manager of the Magellan Fund that posted +2,700% in gains from 1977-1990, put short-term stock price volatility into perspective:��ou shouldn�� worry about it. You should worry what are stocks going to be 10 years from now, 20 years from now, 30 years from now.��ather than focusing on immediate stock market volatility and other factors out of your control, why not prioritize your time on things you can control. What investors can control is their asset allocation and spending levels (budget), subject to their personal time horizons and risk tolerances. Circumstances always change, but if people spent half the time on investing that they devoted to planning holiday vacations, purchasing a car, or choosing a school for their child, then retirement would be a lot less stressful. After realizing 99% of all the short-term news is nonsensical noise, the next important realization is stocks are volatile securities, which frequently go down -10 to -20%. As much
Top US Companies To Watch For 2014: Gray Fox Petroleum Corp (GFOX)
Gray Fox Petroleum Corp., incorporated on September 22, 2011, is a domestic oil and gas exploration and development company. The Company focuses on the acquisition and exploration of oil and natural gas properties in the Western United States.
The Company has 100% working interest and an 82% net revenue interest in the 32,723 acre West Ranch Prospect. The Company�� West Ranch Prospect is located in the Butte Valley Oil Play Region of north central Nevada in Elko and White Pine Countries, which has produced over 50 million barrels of oil in Nevada from structures and reservoir horizons similar to those under the West Ranch Prospect. The prospect consists of 22 Federal leases in the Butte Valley Oil Play Region.
Advisors' Opinion:- [By Peter Graham]
On Friday, small cap mining stocks Maverick Minerals Corp (OTCMKTS: MVRM) and Liberty Coal Energy Corp (OTCMKTS: LBTG) plus oil stock Gray Fox Petroleum Corp (OTCBB: GFOX) sank 30.9%, 16.67% and 11.2%, respectively. However, only one of these stocks appears to have been the subject of some kind of paid promotion in the form of an investment in some shares. So will these three small cap mining or oil stocks keep coming up empty for investors this week? Here is a closer look:
Top US Companies To Watch For 2014: SPDR S&P Emerging Middle East & Africa ETF (GAF)
SPDR S&P Emerging Middle East & Africa ETF (the Fund) seeks to replicate as closely as possible the total return performance of the S&P/Citigroup BMI Middle East & Africa Index (the Index). The Index is a market capitalization-weighted index that defines and measures the investable universe of publicly traded companies domiciled in emerging Middle Eastern and African markets. The Index is float adjusted, meaning that only those shares publicly available to investors are included in the Index calculation. The Fund uses a passive management strategy designed to track the price and yield performance of the Index. The Fund�� investment manager is SSgA Funds Management, Inc. Advisors' Opinion:- [By Jim Powell]
For long-term investing, we continue to recommend Africa Funds��he iShares South Africa (EZA), the SPDR Mideast & Africa (GAF), and the TRP Africa & Mideast (LX:TRPMEAI).
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