Before the opening bell on Wednesday�morning, FedEx Corporation (FDX)�reported its fourth�quarter results, posting higher revenue and earnings than last year’s fourth quarter.
FDX’s�Earnings in Brief
FedEx�reported fourth�quarter revenues of $11.8 billion, which are above last year’s Q4 revenues of $11.4 billion. Net income�for the quarter came in at $730 million, up from last year’s net income of $679 million for Q4. The company�� diluted EPS for the quarter came in at $2.46, up significantly over last year’s $2.13. FDX’s results beat analysts’ estimates of $2.36 EPS on revenues of $11.66 billion. For the full year, FDX reported revenue of $45.6 billion and EPS of $6.75.CEO Commentary
Hot Insurance Companies To Invest In 2015: Wave Systems Corp.(WAVX)
Wave Systems Corp. develops, produces, and markets products for hardware-based digital security. Its products are based on the Trusted Platform Module (TPM), a hardware security chip that enables secure protection of files and other digital secrets, and performs critical security functions. The company offers EMBedded Application Security SYstem (EMBASSY) Trust Suite, a set of applications and services that are designed to bring functionality and user value to TPM enabled products. The EMBASSY Trust Suite includes the EMBASSY Security Center, Trusted Drive Manager, Document Manager, Private Information Manager, and Key Transfer Manager. It also offers middleware and tools, which include Trusted Computing Group (TCG) enabled toolkit that assists application developers in writing new applications or modifying existing ones to function on TCG-compliant platforms; and Wave TCG-Enabled Cryptographic Service Provider, which allows software developers to utilize the security of a TCG standards-based platform. In addition, the company offers EMBASSY Trust Server Applications comprising EMBASSY Key Management Server, a server application designed to provide corporate-level backup and transition of the TPM keys; EMBASSY Authentication Server that offers centralized management, provisioning, and enforcement of multifactor domain access policies; and EMBASSY Remote Administration Server, which provides centralized management and auditing of TPMs and self-encrypting drives. Further, it offers eSign Transaction Management Suite and broadband media distribution services. Wave Systems Corp. sells its products to chip original equipment manufacturers (OEMs), PC OEMs, enterprise customers, and systems integrators. The company was formerly known as Cryptologics International, Inc. and changed its name to Wave Systems Corp. in January 1993. Wave Systems Corp. was founded in 1988 and is based in Lee, Massachusetts.
Advisors' Opinion:- [By Bryan Murphy]
If there was any lingering doubt that Wave Systems Corp. (NASDAQ:WAVX) was in the early stages of a rebound, today's 11% pop should wipe those doubts away. This little technology company has lodged itself firmly into a bullish trend today, after hammering out a turnaround effort for the past four months. Translation: WAVX has become a convincing buy.
Top 5 Healthcare Equipment Companies To Watch For 2014: Tessera Technologies Inc.(TSRA)
Tessera Technologies, Inc., through its subsidiaries, develops, licenses, and delivers miniaturization technologies and products for electronic devices worldwide. The company operates in two segments, Intellectual Property and DigitalOptics. The Intellectual Property segment offers semiconductor packaging technologies, which create mechanical and electrical connection between semiconductor chips and systems, such as computers and communication equipments through connection to printed circuit boards. The DigitalOptics segment provides mobile camera module solutions in categories, including actuator technologies, image enhancement solutions, and wafer level optics that can be applied to mobile phones and other consumer electronic products. It also offers customized micro-optic lenses from diffractive and refractive optical elements to integrated micro-optical subassemblies. This segment serves customers in digital still cameras and mobile handsets markets, as well as semicon ductor lithography, high-end communication routers, military and defense, and barcode scanners markets. Tessera Technologies, Inc. was founded in 1990 and is headquartered in San Jose, California.
Advisors' Opinion:- [By Lauren Pollock]
Tessera Technologies Inc.(TSRA) named its interim chief executive, Thomas Lacey, to the top post Tuesday, bringing to a close a months-long search for a permanent leader.
Top 5 Healthcare Equipment Companies To Watch For 2014: Evolution Petroleum Corporation Inc. (EPM)
Evolution Petroleum Corporation, an independent petroleum company, together with its subsidiaries, acquires, exploits, and develops properties for the production of crude oil and natural gas in the United States. It primarily holds interests in the Holt Bryant Unit in the Delhi Field located in Northeast Louisiana. The company also has interests in the Giddings Field in Central Texas; the Lopez Field in South Texas; and the Woodford shale projects in Southeast Oklahoma. As of June 30, 2013, it had total proved reserves of 13,766 MBOE; and probable reserves of 11,224 MBOE. The company is headquartered in Houston, Texas.
Advisors' Opinion:- [By Rich Duprey]
For holders of Evolution Petroleum's (NYSEMKT: EPM ) �perpetual non-convertible 8.5% Series A cumulative preferred stock, investors will receive�1/12th�of the 8.5% annualized amount, or approximately�$0.177083�per share, based on the�$25.00�per share liquidation preference.
Top 5 Healthcare Equipment Companies To Watch For 2014: WABCO Holdings Inc (WBC)
WABCO Holdings Inc. (WABCO) is a provider of electronic, mechanical and mechatronic products for the commercial truck, trailer, bus and passenger car manufacturers. The Company manufactures and sells control systems, including advanced braking, stability, suspension, transmission control and air compressing and processing systems. Its products are included in approximately two out of three commercial vehicles with advanced vehicle control systems and offered in niche applications in cars and sport utility vehicles (SUVs). WABCO develops, manufactures and sells advanced braking, stability, suspension and transmission control systems primarily for commercial vehicles. In September 2012, it acquired Ephicas.
The Company�� products include pneumatic anti-lock braking systems (ABS), electronic braking systems (EBS), automated manual transmission systems, air disk brakes, and a large variety of conventional mechanical products, such as actuators, air compressors and air control valves for heavy- and medium-sized trucks, trailers and buses. It also supplies advanced electronic suspension controls and vacuum pumps to the car and SUV markets in Europe, North America and Asia. The Company sells replacement parts, diagnostic tools, training and other services to commercial vehicle aftermarket distributors, repair shops, and fleet operators and provide remanufacturing services.
The Company�� key product groups include Actuator, Air Processing/Air Management System, Foundation Brake, Conventional Braking System, Electronic and Conventional Air Suspension Systems, Transmission Automation, Vehicle Electronic Architecture (VEA), and Vehicle Electronic Stability Control (ESC) and Roll Stability Support (RSS). WABCO sells its products primarily to four groups of customers worldwide: truck and bus (OEMs), trailer (OEMs), commercial vehicle aftermarket distributors for replacement parts and services, and major car manufacturers. Its customers include Daimler, Volvo, Ashok Leyland, BMW, China! National Heavy Truck Corporation (CNHTC), Cummins, Fiat (Iveco), Hino, Hyundai, Krone, MAN Nutzfahrzeuge AG (MAN), Meritor, Meritor WABCO (a joint venture), Paccar (DAF Trucks N.V. (DAF), Kenworth, Leyland and Peterbilt), First Automobile Works, Otto Sauer Achsenfabrik (SAF), Scania, Schmitz Cargobull AG, TATA Motors and ZF Friedrichshafen AG (ZF).
The Company competes with Knorr-Bremse, Haldex, Bosch, Continental and Siemens-VDO.
Advisors' Opinion:- [By Adam Haigh]
Declines in other Australian financial shares limited gains on the MSCI Asia Pacific excluding Japan Index. Commonwealth Bank of Australia, the country�� largest bank, declined 2 percent to A$71.06, a third day of losses. Westpac Banking Corp. (WBC), the second-biggest, slid 1 percent to A$33.55 even after saying it will pay a special dividend for the first time since 1988.
- [By Yoshiaki Nohara]
Australia�� S&P/ASX 200 Index retreated 0.7 percent, led by energy and financial shares. Woodside Petroleum Ltd. (WPL), Australia�� second-biggest oil and gas producer, dropped 2 percent to A$34.67. Westpac Banking Corp. (WBC), Australia�� No. 2 lender by market value, shed 1.2 percent to A$27.47.
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