Saturday, October 25, 2014

Top Services Companies To Watch In Right Now

The British mobile operator Vodafone (VOD) confirmed the acquisition of Spanish cable operator ONO for ��7.2 billion ($ 10 billion), including around ��3.3 billion in debt. By so doing, Vodafone continues its strategy of expanding operations to fixed-line, pay-tv and broadband services, while saving money through the operations of its own networks.

With the recent acquisition, financed by the $ 130 billion sale of Verizon Wireless (VZ) in the US, Vodafone adds 1.9 million clients to its customer base in Spain totaling 17.2 million, second to Tel茅fonica (TEF), which counts 24.9 million, and ahead of ORANGE (ORAN), that has 14.4 million customers. According to Antonio Coimbra, Vodafone麓s CEO in Spain, there are strong indicators that favor the acquisition:

Clients tend to prefer an operator with a value proposition that includes more than one service. The business complemented each other through technological and commercial convergences. Economies of scale and upside potential in the market.

In addition to that, it is worth mentioning that mobile revenues are declining in Europe due to intense competition, the willingness of customers to pay for voice services is decreasing, and regulatory restrictions on call-termination rates are cutting into sales. All of them are good reasons to look for new, though related, businesses.

Hot Insurance Companies To Watch For 2015: Strategem Capital Corp (SGE)

Strategem Capital Corporation (Strategem) is a Canada-based company. It is a publicly-traded merchant bank involved in acquiring interests in and developing companies. The Company takes early debt and/or equity positions in such emerging growth companies. As of December 31, 2009, the Company is focused on companies that explore or develop precious or base metals. Advisors' Opinion:
  • [By Corinne Gretler]

    ThyssenKrupp AG (TKA) slumped 9.3 percent after Germany�� largest steelmaker raised 882.3 million euros ($1.21 billion) through a share sale. Standard Chartered Plc lost 8.1 percent. Sage Group (SGE) Plc, the U.K.�� biggest software maker, rose 6.8 percent after reporting revenue growth that exceeded analysts��estimates. AZ Electronic Materials SA surged 43 percent after Merck KGaA (MRK) agreed to buy it for about 1.6 billion pounds ($2.6 billion).

Top Services Companies To Watch In Right Now: Mistras Group Inc (MG)

Mistras Group, Inc. provides technology-enabled asset protection solutions to evaluate the structural integrity and reliability of critical energy, industrial, and public infrastructure worldwide. It provides traditional non-destructive testing (NDT) services; advanced NDT services; and mechanical integrity services. The company also offers software solutions, including Plant Condition Monitoring Software and Systems, an enterprise software that allows its customers for the warehousing and analysis of data. In addition, it provides Advanced Data Analysis Pattern Recognition and Neural Networks software, which enables acoustic emission (AE) experts to develop automated remote monitoring systems; AE Software Platform, a windows based real time application software; Loose Parts Monitoring Software program for monitoring, detecting, and evaluating metallic loose parts in nuclear reactor coolant systems; and Automated UT and Imaging Analysis Software for analyzing ultrasonic in spection data, and visualizing and identifying the location and size of flaws. Further, the company�s technology packages include TANKPAC for tank inspections; POWERPAC for monitoring discharges in critical power grid transformers; and Acoustic Combustion Turbine Monitoring System, an on-line system to detect stator blade cracks in gas turbines. Additionally, it offers digital radiographic systems to solve specific industrial problems; AE sensors, instruments, and turn-key systems, as well as leak monitoring and detection systems; ultrasonic equipment; vibration sensing products; and on-line monitoring services. Mistras Group, Inc. was founded in 1978 and is headquartered in Princeton Junction, New Jersey.

Advisors' Opinion:
  • [By Monica Gerson]

    Mistras Group (NYSE: MG) shares fell 7.71% to $20.47 after the company reported downbeat Q3 earnings and lowered its FY14 EBITDA forecast

    WD-40 Company (NASDAQ: WDFC) slipped 5.58% to $73.48 after the company reported weaker-than-expected FQ2 earnings.

Top Services Companies To Watch In Right Now: Envision Healthcare Holdings Inc (EVHC)

Envision Healthcare Holdings, Inc., incorporated on February 28, 2011, is a provider of physician-led, outsourced medical services in the United States. The Company offers a range of clinically-based and coordinated care solutions across the patient continuum from medical transportation to hospital encounters to comprehensive care alternatives in various settings. The Company conduts its business primarily through two operating subsidiaries, EmCare Holdings, Inc. (EmCare) and American Medical Response, Inc. (AMR). The Company markets its services primarily under the EmCare and AMR brands. EmCareis a provider of integrated facility-based physician services, including emergency, anesthesiology, hospitalist/inpatient care, radiology, tele-radiology and surgery. EmCare also offers physician-led care management solutions outside the hospital. AMR is a provider and manager of community-based medical transportation services, including emergency (911), non-emergency, managed transportation, fixed-wing air ambulance and disaster response.

EmCare is a provider of integrated facility-based physician services to healthcare facilities, communities and payors in the United States. During the year ended December 31, 2012 (fiscal 2012), EmCare had approximately 10.5 million weighted patient encounters in 44 states and the District of Columbia. The Company segregates patient encounters into four categories:ED visits, hospitalist encounters, radiology reads and anesthesiology cases due to the differences in reimbursement rates for and associated costs of providing the various services. In fiscal 2012, AMR treated and transported approximately 2.8 million patients in 40 states and the District of Columbia. As of December 31, 2012, AMR had more than 3,700 contracts with communities, government agencies, healthcare providers and insurers to provide ambulance transport services. The Company segregates transports into two categories: ambulance transports (including emergency, as well as non-emergency, critical! care and other interfacility transports) and wheelchair transports to the differences in reimbursement rates for and associated costs of providing ambulance and wheelchair transports.

The Company competes with Team Health, Hospital Physician Partners, The Schumacher Group, Sheridan Healthcare, California Emergency Physicians, National Emergency Services Healthcare Group, IPC, Rural/Metro Corporation, Falck, Southwest Ambulance, Paramedics Plus and Acadian Ambulance.

Advisors' Opinion:
  • [By John Kell]

    Envision Healthcare Holdings Inc.(EVHC) lowered its 2013 earnings outlook but also projected an adjusted profit for the recently started new year that topped expectations. The company said results improved in the latter part of the quarter, mostly the result of higher flu-related activity and seasonal volume. Shares rose 6.3% to $34.60 premarket.

Top Services Companies To Watch In Right Now: Credit Suisse Group AG (CSGN.VX)

Credit Suisse Group AG is a Switzerland-based holding company engaged in private banking, investment banking and asset management areas. It operates through four divisions: Private Banking, which consists of the Wealth Management Clients and Corporate & Institutional Clients business; Investment Banking, provides a range of financial products and services, with a focus on client-driven, flow-based and capital-efficient businesses; Asset Management, offers a range of asset class products, including alternative investments, and multi-asset class solutions, including equities and fixed income products, and Shared Services, which provides centralized corporate services and business support for the Company's divisions. Advisors' Opinion:
  • [By Steven Russolillo]

    Credit Suisse CEO Nearly Lost Job During Tax Probe: “As a yearslong U.S. tax probe dragged on in recent months, board members at Credit Suisse(CSGN.VX) mulled actions that likely would have cost CEO Brady Dougan his job.”

  • [By Steven Russolillo]

    Under February’s partnership, Coke acquired a 10% stake in Keurig for $1.25 billion and the option to increase its stake to as much as 16% through open-market purchases of Keurig’s common stock within 36 months. In a statement Tuesday, Coke said it had entered an accelerated purchase agreement with Credit Suisse(CSGN.VX) to acquire shares to reach that level.

  • [By Steven Russolillo]

    NY Fed to Allow Credit Suisse(CSGN.VX) to Remain a Primary Dealer: “Credit Suisse Group AG’s ability to serve as a counterparty to the Federal Reserve Bank of New York hasn’t been affected by the bank’s criminal tax-evasion settlement.”

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