The stock market has been due for a correction according to Mitchell Clark, contributor to popular financial e-newsletter Profit Confidential. Clark believes that a correction is well-deserved and says he would be accumulating dividend paying stocks on this pullback.
New York, NY (PRWEB) May 25, 2012
The stock market has been due for a correction according to Mitchell Clark, contributor to popular financial e-newsletter Profit Confidential. Clark believes that a correction is well-deserved and says he would be accumulating dividend paying stocks on this pullback.“If I were an equity investor looking for new positions this year, I’d wait until the correction plays itself out and I’d be watching my favorite dividend paying stocks for a good entry point,” says Clark.
In the recent Profit Confidential article, Stock Market Correction’s Here—Put Dividend Paying Stocks on Your Radar Screen, Clark makes the point that the S&P 500 Index is vulnerable now to the 1,300 level.
“If it gets there, this would be a meaningful correction and a good buying opportunity for higher dividend paying, large-cap companies,” says Clark.
Clark believes the stock market will be more apt to reward income over growth. “Large-cap, dividend paying stocks have been leading the stock market since last October,” says Clark. The editor thinks this trend will continue right into 2013.
Clark doesn’t see any reason why the U.S. stock market can’t reaccelerate this year, especially as we are likely to see sporadic improvement in the economic news.
While the outlook for corporate earnings isn’t robust, Clark believes it’s still solid and stock market valuations are reasonable. “Investment risk remains high for all equities, but it’s been like this since the financial crisis,” says Clark.
Profit Confidential, which has been published for over a decade now, has been widely recognized as predicting five major economic events over the past 10 years. In 2002, Profit Confidential started advising its readers to buy gold-related investments when gold traded under $300 an ounce. In 2006, it “begged” its readers to get out of the housing market... before it plunged.
Profit Confidential was among the first (back in late 2006) to predict that the U.S. economy would be in a recession by late 2007. The daily e-letter correctly predicted the crash in the stock market of 2008 and early 2009. And Profit Confidential turned bullish on stocks in March of 2009 and rode the bear market rally from a Dow Jones Industrial Average of 6,440 on March 9, 2009, to 12,876 on May 2, 2011, a gain of 99%.
To see the full article and to learn more about Profit Confidential, visit http://www.profitconfidential.com.
Profit Confidential is Lombardi Publishing Corporation’s free daily investment e-letter. Written by financial gurus with over 100 years of combined investing experience, Profit Confidential analyzes and comments on the actions of the stock market, precious metals, interest rates, real estate, and the economy. Lombardi Publishing Corporation, founded in 1986, now with over one million customers in 141 countries, is one of the largest consumer information publishers in the world. For more on Lombardi, and to get the popular Profit Confidential e-letter sent to you daily, visit http://www.profitconfidential.com.
Michael Lombardi, MBA, the lead Profit Confidential editorial contributor, has just released his most recent update of Critical Warning Number Six, a breakthrough video with Lombardi’s current predictions for the U.S. economy, stock market, U.S. dollar, euro, interest rates and inflation. To see the video, visit http://www.profitconfidential.com/critical-warning-number-six.
Michael Lombardi
Lombardi Publishing Corporation
905-856-2022
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STOCKS NEWS THAILAND-Ch Karnchang falls over earnings concerns - Reuters
Shares in Ch Karnchang Pcl fell 1.4 percent to 6.9 baht during midday trade on concerns about the Thai construction company's earnings visibility.
"Ch Karnchang's poor earnings visibility due mainly to weak margins and a high interest burden needs to be addressed before it can become a sound infrastructure play. Bagging a new contract is unlikely to drive its share price very much," CIMB Securities said in a research note.
CIMB maintained its "underperform" rating and target price of 7 baht on the stock.
The broker also said a possible delay on the Xayaburi dam project in Laos may cause costs to overrun and would not bode well for the company, after the Lao government said that construction would be halted until a full independent environmental impact study was completed.
The stock is "trading at almost double its net asset value. Without strong catalysts in sight, we expect Ch Karnchang to continue to underperform, especially when the market is concerned about its high gearing," CIMB added.
1308 (0608 GMT) (Reporting by Sinsiri Tiwutanond in Bangkok; sinsiri.tiwutanond@thomsonreuters.com)
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12:22 STOCKS NEWS THAILAND-Central Pattana hits 8-day high
Thailand's largest shopping mall developer Central Pattana Pcl rose 1.65 percent on Friday to its highest in eight days, as brokers remained positive about its growth outlook.
Shares in Central Pattana traded as high as 46.25 baht, while the main Thai index was down 0.31 percent.
Bualuang Securities rated the shares the top pick of the sector with a buy rating and target price of 58 baht, on hopes that the company will see average growth of 25.2 percent per year in the next three years.
"The strong growth in rent will likely help to increase its estates' value at a faster rate than expected, in addition its new and planned projects will support this growth in the long-term," Bualuang said in a research note.
Bualuang said it expects Central Pattana to achieve a record high in rent income after the company achieved 10.8 percent rent growth for its existing properties in the first quarter.
The broker added that the company planned to launch five new projects in 2013 and 2014.
1209 (0509 GMT) (Reporting by Sinsiri Tiwutanond in Bangkok; Editing by Daniel Magnowski; sinsiri.tiwutanond@thomsonreuters.com)
Business partners who will be rivals when Euro 2012 kicks off - Nottingham Evening Post
AS business partners, David Murphy and Giovanni Sansone usually get on very well.
But there is one thing they don't often see eye to eye over – football.
And that rivalry is building as the Republic of Ireland and Italy prepare for battle in Group C of Euro 2012 on June 18.
Italian Giovanni hope to be there with their sons. They plan to hire a camper van to drive to the Polish city of Poznan for the match.
David, 45, who runs the Irish Centre, in Wilford Street, Nottingham, said: "It's great the two teams have been drawn together. We are gearing up for it now. We are looking into getting tickets, though it is very difficult. We have a friend who lives in Poland and says we should be able to get there in two-and-a-half days. It's really exciting."
David, of Carlton, said they hoped to take his son James, 17, and Giovanni's son Benito, 15 with them.
Giovanni said they often shared banter together about football, including the day the Republic of Ireland beat Italy 1-0 in the 1994 World Cup.
"He never fails to remind me of that," said Giovanni, 45, of Radcliffe-on-Trent.
"But Italy got all the way to the final that year, so I will tell him about that."
Italy have had much more success than the Republic of Ireland in major tournaments, winning the World Cup four times and the European Championships once. The Irish have never reached a major final.
David's parents moved to England more than 50 years ago. His mum, Teresa, was from County Mayo and dad Jimmy from Limerick.
He is unsure about how well his team will do this time around, especially considering that reigning World and European champions Spain are also in their group.
"It's hard to tell," he said. "They haven't got the flair players like they had in past years but they work hard and have some good young players, so they may win a game or two."
Giovanni, who was born in England but still has family in Accettura, southern Italy, is also unsure about his national team's prospects.
"It depends which Italian team turns up," he said. "Sometimes we start well in tournaments and fall apart, other times we start bad and get better.
"They are certainly capable of going far. I hope they can do that."
Crimson Cup Celebrates Small Business Week with Free Coffee and Consulting for Independent Coffee Shops - YAHOO!
In honor of National Small Business Week, Crimson Cup Coffee and Tea is offering 30 days of free coffee and coffee business consulting to independent coffee businesses.
Columbus, OH (PRWEB) May 25, 2012
Crimson Cup Coffee & Tea, whose alternative to coffee shop franchises has helped establish hundreds of successful coffee shops, is celebrating National Small Business Week by offering free coffee and consulting to independent coffee businesses."A coffee shop is one of the best small businesses you can own – if you know how to run it profitably,” said Greg Ubert, founder and president. “Over the past 21 years, Crimson Cup has developed a tried and true approach to independent coffee shop success. The businesses we work with attract more customers, sell more drinks and earn more per sale than they did before.”
To honor these small businesses, Crimson Cup is offering to share this proven approach – as well as its award-winning coffee, products and training – for one month at absolutely no charge.
“The key is taking the first step toward change,” Ubert said. "We'll offer a fresh business perspective on existing operations, and then provide suggestions, training and strategies for greater success.”
He said his company is equally passionate about great coffee and small business. “When we started in 1991, I had to learn about the coffee business and coffee shop operations by trial and error. Our customers have a much faster learning curve. It’s exciting to see them grow and prosper as they apply the knowledge we’ve gained over the past 21 years.”
Ubert noted that independent coffee shops can offer tastier drinks and better customer service than big chains and coffee shop franchises. “A coffee shop franchise charges you a big fee just for the right to purchase their products and equipment,” he said. “Then they dictate your name, your menu, your environment and your attitude. Crimson Cup provides everything a coffee shop franchise does – and more – without the franchise fees, royalties and business restrictions.”
Business owners have absolutely no obligation to continue working with Crimson Cup after the free trial, although Ubert notes that most owners decide to use the company’s coffee, syrups and other products once their customers have tried them. "Crimson Cup uses only the best beans, which are artisan roasted and vacuum-packed to preserve freshness. In blind taste tests, our coffee and coffee drinks win against competitors, large and small."
To learn more about the Small Business Week offer and Crimson Cup’s alternative to coffee shop franchises, call 888-800-9224 or fill out this form.
About Crimson Cup Coffee & Tea
Since 1991, Crimson Cup Coffee & Tea has roasted and packaged quality, great-tasting coffee in Columbus, Ohio and taught independent business owners how to be successful in specialty coffee. In 2007, Crimson Cup opened its first company-owned coffee house, which joined a network of more than 350 independent coffee houses, grocers, college and universities, and food service operations across 25 states that serve Crimson Cup beverages. For more information, visit crimsoncup.com. ccct052512.
Cheryl Claypoole
Crimson Cup Coffee & Tea
614-361-5023
Email Information
Local business briefs: Magner moves barber shop; PROES group acquires Walters Insurance; Realtors, publications move to new office - Herald Times
Local business briefs: Magner moves barber shop; PROES group acquires Walters Insurance; Realtors, publications move to new office
H-T ReportMay 25, 2012 Barber moves to Ellettsville Longtime Bloomington barber Harry Magner now is cutting hair in Ellettsville at the Carter ... Please log in to read the rest of this story. Subscribing to HeraldTimesOnline.com gives you 24/7 access to our news, features, and story archives (back to 1988) from anywhere. To start a subscription, you will need a major credit card and an email address. Seven-day home delivery subscribers are entitled to complimentary access to our web site.
Artisan Business Group announces EB-5 Investment Speaker from China for Las Vegas Real Estate Forum - PRWeb
Springfield, IL (PRWEB) May 25, 2012
Brian Su, CEO of Artisan Business Group, Inc., announces that one of the leading Chinese emigration service providers MasLink Group CEO Jason Li will be speaking at the 2nd Chinese Investment in the US Real Estate Seminar June 21. MasLink Group is a licensed emigration firm headquartered in Beijing with 15 offices in China and North America. The firm has actively promoted many EB-5 investment projects to Chinese investors. Many Chinese emigration agents are promoting US real estate business and investment opportunities to their EB-5 investor clients.
The 2nd Chinese Investment in the US Real Estate Forum is to be drawing U.S. real estate developers, property owners, financial advisors, attorneys, investment bankers, and industry executives, and venture capitalists, among others, to be educated on the latest happenings in China-US real estate investment. The June 21, 2012 event, which will take place in Los Angeles, will be centered on real estate investments pouring in from China. Rapid growth in the Chinese economy has created a strong demand for the US real estate market. The number of wealthy Chinese is growing at 9.7% annually, according to the GroupM Knowledge - Hurun Wealth Report 2011. Additionally, Merrill Lynch and Capgemini’s Asia-Pacific Wealth Report 2008 shows that in 2007, high net-worth individuals in China placed 21% of their assets in real estate versus a worldwide average of 14%. The preference the wealthy Chinese show in real estate, along with the current drop in housing prices and a steady RMB, have made real estate investment in the U.S. more appealing than ever before.
In the U.S., the Chinese are now the second-largest foreign buyers of homes, behind Canadians, accounting for $7.4 billion of sales in the 12 months ended March 2011, up 24% from the previous 12 months, according to the National Association of Realtors. Buyers from China and Hong Kong also spent $1.71 billion on commercial property in the U.S. in 2011, more than quadruple their investment in 2008, says Real Capital Analytics. Chinese investors are interested in commercial projects, residential properties, hotels, golf courses, clubs, land, industrial warehouses, office buildings, and shopping centers. The Forum aims to help U.S. companies and individuals tap into more of this Chinese capital.
This year’s day-long event will feature some of the most experienced and knowledgeable individuals in the real estate industry. Scheduled speakers include Mr. Brian Su, CEO of Artisan Business Group, Inc. Mr. Guy Maisnik, Attorney and Partner Jeffer Mangels Bulter & Mitchell LLP (JMBM), Mr. Bernard P. Wolfsdorf, Managing Partner & Attorney, Wolfsdorf Immigration Law Group, Mr. David Appel, CPA & Senior Partner, Marcum LLP and Mr. Kevin Wright, President, Wright Johnson LLC Marcum LLP., Mr. Jason Li, CEO, Beijing MasLink Group, and others.
According to Mr. Brian Su, CEO of Artisan Business Group, Inc.,“Individuals or businesses looking for capital investment should not miss this important opportunity to network and make connections that will benefit their needs.”
This year’s event is being hosted by Artisan Business Group, Inc., and sponsored by USA Continental Regional Center, LLC., will be held at the Embassy Suites LA International Airport/North, from 9:00 am – 4:30 pm, June 21, 2012. Those attending the event also have the opportunity to meet the prior day with Artisan Business Group’s CEO, Mr. Brian Su, for a 1-hour private consultation. Additional information regarding the event, registration, or a private consultation with Mr. Su, please visit: http://www.attractasianInvestors.com.
Press Contact:
Tyler McKay
217-303-5393
http://www.AttractAsianInvestors.com
Swiss stocks - Factors to watch on May 25 - Reuters UK
ZURICH |
ZURICH May 25 (Reuters) - Swiss stocks were set to open lower on Friday, mirroring expected softness on other European exchanges, as worries about a possible Greek exit from the euro zone continued to batter risk appetite.
Futures for the blue chip SMI index were trading down 12 points at 5,850 points by 0621 GMT.
The following are some of the main factors expected to affect Swiss stocks on Friday.
SYNGENTA
Syngenta said on Friday it would take a hit of $0.50 per share against 2012 earnings after agreeing to settle litigation in the United States related one of its herbicides.
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ROCHE
Roche's Japanese subsidiary Chugai said on Friday it had submitted Roche's experimental breast cancer drug to Japanese health authorities for approval.
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COMPANY STATEMENTS
* Basilea said it is participating in public-private collaboration to tackle antibiotic resistance.
* The Schlatter Group has appointed Beat Huber the new Head of Technology.
* gategroup has appointed Jean-Luc Ferrazzini as new Head of Corporate Communications, effective Aug. 1, 2012.
* The Cicor Group said it is securing large-volume projects for its PCB Division with new customers in America, Asia and Europe.
* Credit Suisse and Swisscard AECS AG said they intend to issue credit card backed securities in the domestic segment of the Swiss franc market.
ECONOMY
* Italy held its first talks with Swiss officials on Thursday in Rome on the possibility of retroactively taxing undeclared funds Italians have stashed in Switzerland, the Finance Ministry said.
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* Swiss Q1 non farm pay roll data due 0715 GMT
RESEARCH
* Berenberg starts Sarasin and Vontonel with 'sell' ratings.
* Berenberg starts EFG International and Julius Baer with 'buy' ratings.
* Berenberg starts Swisslog Holding AG with a 'buy' rating; price target of 1.20 Swiss francs.
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