The Ibovespa approached a bull market as a plunge in the currency and signs of an economic rebound in China, Brazil�� biggest export market, fueled a rally in commodity exporters including Vale SA and Gerdau SA.
The gauge touched 54,112.60 in Sao Paulo trading, rising 20 percent from its July 3 low of 45,044.03. Vale, the heaviest-weighted stock on the benchmark, climbed 25 percent during the period. Eike Batista�� OGX Petroleo & Gas Participacoes SA and state-run oil producer Petroleo Brasileiro SA also were among the biggest contributors to the index�� gain.
The real has dropped 7.1 percent in the past three months, the most among 16 major currencies tracked by Bloomberg, lifting exporters as it drives up the local-currency receipts on their overseas sales. The Standard & Poor�� GSCI index of 24 raw materials has increased 5.5 percent in the same period as manufacturing strengthened and imports increased in China.
��ately we��e seen China starting to stabilize, which helps to inject a little positive sentiment back into the Brazilian market,��Sean Lynch, the Omaha, Nebraska-based global investment strategist for Wells Fargo Private Bank, said in a phone interview. His firm oversees about $170 billion.
Top 10 European Companies To Buy Right Now: Net 1 UEPS Technologies Inc.(UEPS)
Net 1 UEPS Technologies, Inc., together with its subsidiaries, provides payment solutions and transaction processing services primarily in South Africa, Korea, and Europe. It offers universal electronic payment system (UEPS), a smart-card based alternative payment system for the unbanked and underbanked populations of developing economies. The company?s UEPS system uses secure smart cards that operate in real time but offline, which allows users to enter into transactions at any time with other card holders even in the remote areas; and can be used for banking, health care management, international money transfers, voting, and identification. It provides technology that is used in state pension and welfare payments by the South African government; processes debit and credit card payment transactions for retailers, utilities, medical-related claim service customers, and banks, as well as bill payments and prepaid electricity for bill issuers and local councils; and offers mobile telephone top-up transactions for mobile carriers. The company also offers transaction processing, and financial and clinical risk management solutions; an on-line real-time management system for healthcare transactions; smart card accounts, primarily social welfare grant beneficiaries; and short-term loans and life insurance products to card holders through its smart card delivery channel, as well as processes third-party payroll payments for employees. In addition, it markets, sells, and implements the UEPS; and develops and provides Prism secure transaction technology, solutions, and services, as well as involves in hardware sales and license of the DUET system. Further, the company undertakes smart card system implementation projects; offers hardware, SIM cards, point of sale terminals, cryptography services, and SIM card and other software licenses; and rents hardware to merchants. Net 1 UEPS Technologies, Inc. was founded in 1989 and is headquartered in Johannes burg, South Africa.
Advisors' Opinion:- [By Paul Ausick]
Big earnings movers: Pandora Media Inc. (NYSE: P) is down 12.9% at $18.90 after a decent earnings reports was spoiled by a weak outlook<<LINK>>. Net 1 UEPS Technologies Inc. (NASDAQ: UEPS) is up 46.6% at $10.69 after beating estimates on EPS and revenues, raising its outlook for the third quarter, and posting a new 52-week high of $11.20. Aeropostale Inc. (NYSE: ARO) is down 20.2% at $8.76, following a new 52-week low of $8.66, after a big earnings miss.
Top Rising Companies To Own For 2014: Target Energy Ltd (TEXQY)
Target Energy Limited is an Australia-based company engaged in the development, production and exploration of oil and gas in the United States of America. During the fiscal year ended June 30, 2012, the Company continued to develop and explore its oil and gas prospects in Texas and Louisiana. The Snapper wells in St Martin Parish, the Pine Pasture #1 and #2 wells in the East Chalkley field, the Merta #1 well at the Highway 71 prospect continued to produce. The Merta #1 well at the Highway 71 prospect continued to produce. Drilling commenced in the Fairway project on September 10, 2011, with the BOA 12 #1 well being completed as a producer. On August 12, 2012, the Darwin #1 well was drilled to a total depth of 3,070 meter. It is located three kilometer north-east of the BOA wells and will test both the Wolfberry and Fusselman formations. The Company�� subsidiaries include TELA (USA) Inc, TELA Louisiana Limited Inc, TELA Texas Holdings Limited Inc and Target Energy Limited. Advisors' Opinion:- [By CRWE]
Target Energy Limited (OTCQX:TEXQY, ASX:TEX) (http://targetenergy.com.au/) is an oil and gas exploration and production company listed on the Australian Securities Exchange and trading under ticker “TEX” and OTC Markets trading under ticker “TEXQY”.
Today (June 27), Target Energy Limited ticker (OTCQX:TEXQY) has remained (0.00%) +0.000 at $7.00 thus far (ref. google finance Delayed:�9:32AM EDT June 28, 2013), and Target Energy Limited on the Australian Securities Exchange ticker (ASX:TEX) �surged�(+9.37%)�+0.006 at $.070 with 78,000 shares in play at the close (ref. google finance June 28, 2013 – Close).
Target Energy Limited previously reported that the company is continuing drilling operations at the Pine Pasture #3 oil well on their East Chalkey Oil Field in Parish, Louisiana. The Company had independent studies which indicated that put upside recoverable reserves for Pine Pasture #3 range between 250,000 and 450,000 barrels of oil. In addition, the report also revealed that the East Chalkey Field has an upside estimate of 4 million barrels of oil.
Top Rising Companies To Own For 2014: Points International Ltd (PCOM)
Points International Ltd. provides a range of e-commerce and technology services to loyalty program operators using. These services consist of a range of e-commerce services (referred as its Loyalty Currency Services) that enable the sale of loyalty currencies (such as frequent flyer miles, hotel points and credit card points), both retail and wholesale. The Company also offers a reward management Website referred to as Points.com. The majority of the Company�� loyalty program partners operate in the United States. It also has a European customer base. It has three wholly owned direct subsidiaries: Points.com Inc., Points International (UK) Limited, and Points International (U.S.) Ltd. The Company�� services are generally delivered through Web-enabled e-commerce solutions. Points.com offers members of multiple loyalty programs the ability to track and manage their loyalty currencies. Advisors' Opinion:- [By Hank Coleman]
Anna Subbotina/Shutterstock You may not be fully aware of it, but you're probably sitting on your own personal treasure hoard: a stash of airline miles, hotel points or reward points you've earned through your credit cards. According to statistics compiled by Points.com and its parent Points International (PCOM), a company specializing in helping consumers trade, exchange and redeem reward points, the average American is hoarding more than 61,000 reward points through various programs. Americans have more than 2.65 billion loyalty memberships -- almost 10 per person. This would be fine if we were spending those points -- but we're not. According to Points.com, only 16 percent of us redeem the points that we earn each year. Why do we love reward points? Is there a danger in hoarding them? What should we do with our points as our balances continue to grow? Why Do We Love Reward Points So Much? Getting something for free is a big allure of reward points and loyalty programs. I love that my airline-branded credit card allows me to check a bag for free. Companies view reward programs as marketing by gamification. If businesses can make patronizing them into a game for their customers, they'll be more likely to do what it takes to advance to the next level. And of course, these programs inspire brand loyalty. I'm a huge fan of Fitbit. I'm always striving for the next badge or level with my fitness goals through the site and its devices. I'm also addicted to checking in to the places that I frequent on Foursquare. It drives me crazy when someone ousts me as the mayor of one of my favorite haunts. Gamification is going on with reward points themselves. Companies have found that we desperately want to get to the next level of rewards. That's why companies have different colored credit cards and exclusive levels that offer even more freebies to loyal customers -- though usually for a price. And we are dreamers. We dream that our frequent flyer miles and hotel rew
Top Rising Companies To Own For 2014: Unilever NV (UNA)
Unilever N.V. (NV) is a supplier of fast moving consumer goods. The two parent companies, NV and Unilever PLC (PLC), together with their group companies, operate as the Unilever Group (Unilever). The Company�� four product areas are Personal Care, Foods, Refreshment and Home Care. The Company's personal care, which includes sales of skincare and haircare products, deodorants and oral care products; foods, which includes sales of soups, bouillons, sauces, snacks, mayonnaise, salad dressings, margarines and spreads; refreshment, which includes sales of ice cream, tea-based beverages, weight-management products and nutritionally enhanced staples sold in developing markets and home care, which includes sales of home care products, such as laundry tablets, powders and liquids, soap bars and a range of cleaning products. Advisors' Opinion:- [By Adi Narayan]
Unilever (UNA) fell short on its public offer to raise its majority holding in Hindustan Unilever Ltd. (HUVR) to 75 percent, ending up with about a two-thirds stake after some shareholders of the Mumbai-based company opted not to sell.
- [By Inyoung Hwang]
Unilever (UNA) slipped 2.8 percent to 27.94 euros after saying sales growth slowed as trading in emerging markets deteriorated at a faster rate. Underlying group sales for the three months will rise 3 percent to 3.5 percent, the maker of Lipton tea and Dove soap said late yesterday in a statement. That compares with 5 percent growth in both the first half and second quarter.
Top Rising Companies To Own For 2014: Glencore Xstrata PLC (GLENN)
Glencore Xstrata Plc is a diversified natural resource company. The Company operates in three segments: Metals and Minerals, which includes copper, nickel, zinc/lead, alloys, alumina/aluminum and iron ore; Energy Products, which includes controlled and non-controlled coal mining and oil production operations and investments in strategic handling, storage and freight equipment and facilities, and Agricultural Products, which focuses on grains, oils/oilseeds, cotton and sugar. The Company�� operations consist of over 150 mining and metallurgical sites, offshore oil production assets, farms and agricultural facilities. The Company is a producer and marketer of over 90 commodities, such as mobile phones, bicycles, cutlery, plastics and electricity. Effective January 2, 2014, Post Holdings Inc acquired Agricore United Holdings Inc from Viterra Inc, a unit of Glencore Xstrata PLC, and the transaction also included Dakota Growers Pasta Company, Inc. Advisors' Opinion:- [By Jay Silverman]
The CEO (Erck), CFO (Phillips), and CMO (Glenn) are a solid management team, well-experienced in their respective roles, and have a sound working chemistry and quiet confidence.
Top Rising Companies To Own For 2014: Greenlight Capital Re Ltd.(GLRE)
Greenlight Capital Re, Ltd., through its subsidiaries, operates in the property and casualty reinsurance business in the United States, Europe, the Caribbean, and internationally. The company?s frequency business includes contracts containing smaller losses emanating from multiple events and enables the clients to increase their own underwriting capacity; and severity business consists of contracts with the potential for significant losses emanating from one event or multiple events. It offers personal and commercial property, general and marine liability, motor liability, motor physical damage, professional liability, financial, health, medical malpractice, and workers? compensation reinsurance products. Greenlight Capital Re, Ltd. sells its products primarily through reinsurance brokers. The company was founded in 2004 and is headquartered in Grand Cayman, the Cayman Islands.
Advisors' Opinion:- [By MONEYMORNING]
They pitched their research hard to client David Einhorn, the billionaire founder of hedge fund Greenlight Capital Re, Ltd (Nasdaq: GLRE). Shortly thereafter Einhorn started shorting the stock.
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