LONDON -- The FTSE 100 (FTSEINDICES: ^FTSE ) is treading water this morning, up just 12 points to 6,439 as of 9:10 a.m. EDT. Although the formation of a coalition government in Italy has settled some eurozone nerves, recent economic updates have not provided the clarity many were hoping for, and confidence in further stimulation by central banks seems a little weakened.
But even with the FTSE going nowhere, there are still plenty of companies whose shares are on the up. Here are three rising today.
Aberdeen Asset Management
Shares in Aberdeen Asset Management have soared 9.6% this morning after revenue for the six months to March 31 jumped 25% to 516 million pounds. Underlying pre-tax profit is up 37% to 223 million pounds, with underlying earnings per share up 43% to 14.9 pence. This enabled the investment manager to lift its interim dividend by 36% to 6 pence per share.
Chief executive Martin Gilbert said, "We have seen healthy net new business flows which, combined with performance by global markets, has generated strong growth in our revenue and in profit margins," though he remained cautious on market outlook.
Best Dividend Stocks To Watch For 2014: Eaton Corporation(ETN)
Eaton Corporation operates as a power management company worldwide. It provides electrical components and systems for power quality, distribution, and control; hydraulics components, systems, and services for industrial and mobile equipment; aerospace fuel, hydraulics, and pneumatic systems for commercial and military use; and truck and automotive drivetrain, and powertrain systems for performance, fuel economy, and safety. The company also manufactures screw-in cartridge valves, custom-engineered hydraulic valves, and manifold systems; and electrical and electromechanical systems. In addition, it designs, manufactures, and distributes intake and exhaust valves for diesel and gasoline engines; supplies electrical components for commercial and residential building applications and industrial controls for industrial equipment applications; and manufactures human machine interfaces, programmable logic controllers, and input/output devices. Further, the company also operates a s a provider of customized enclosures, rack systems, and air-flow management systems to store, power, and secure mission-critical IT data center electronics; and manufacturer, distributor, and service provider of single-phase and three-phase uninterruptible power supply systems. Eaton Corporation was founded in 1916 and is headquartered in Cleveland, Ohio.
Advisors' Opinion:- [By Rich Smith]
This series, brought to you by Yahoo! Finance, looks at which upgrades and downgrades make sense, and which ones investors should act on. Today, our headlines feature a pair of new buy ratings for Eaton (NYSE: ETN ) and FedEx (NYSE: FDX ) . But the news isn't all good, so before we address those two, let's start with why one analyst thinks...
- [By Alex Planes]
Investors love stocks that consistently beat the Street without getting ahead of their fundamentals and risking a meltdown. The best stocks offer sustainable market-beating gains, with robust and improving financial metrics that support strong price growth. Does Eaton (NYSE: ETN ) fit the bill? Let's take a look at what its recent results tell us about its potential for future gains.
- [By Teresa Rivas]
Eaton Corp (ETN) was down 5.5% at recent check, following the machinery parts maker�� downbeat second-quarter earnings and guidance.
Eaton said it earned $494 million, up from $382 million a year earlier. Per-share earnings fell to $1.04 from $1.12, as there were more shares outstanding in the latest quarter. Excluding one-time items, operating earnings fell to $1.09 from $1.15.
Revenue climbed 38% to $5.6 billion.
However, analysts were forecasting earnings of $1.11 a share on $5.77 billion in sales.
In addition, Eaton cut the top-end of its full-year forecast: It now says earnings will come in a range between $4.05 and $4.25 a share, from its previous view of $4.05 to $4.45. Third-quarter guidance of $1.05 to $1.15 in EPS is also below consensus estimates of $1.22 a share.
S&P Capital IQ�� Stewart Scharf downgraded the stock from Hold to Sell on the news: ��ollowing disappointing Q2 results, we apply a below-peer forward P/E of near 15X to our ’13 operating EPS estimate, and lower our target price by $12 to $60. We are cutting our operating EPS estimates by $0.25 each to $4.05 in ’13 and to $4.70 in ’14 as ETN lowers guidance. We project less than 1% organic sales growth in ’13, driven by softer electrical end markets mainly in Europe and Asia, and weak demand in the hydraulics and vehicle units. In our view, ETN will focus on execution, cost controls and greater synergies from Cooper Industries, while reducing capital spending.��/p>
The shares are up more than 58% in the past year, well outpacing the S&P 500�� rise.
Best Dividend Stocks To Watch For 2014: Freeport-McMoran Copper & Gold Inc.(FCX)
Freeport-McMoRan Copper & Gold Inc. engages in the exploration, mining, and production of mineral resources. The company primarily explores for copper, gold, molybdenum, silver, and cobalt. It holds interests in various properties, located in North and South America; the Grasberg minerals district in Indonesia; and the Tenke Fungurume minerals district in the Democratic Republic of Congo. As of December 31, 2010, the company?s consolidated recoverable proven and probable reserves totaled 120.5 billion pounds of copper, 35.5 million ounces of gold, 3.39 billion pounds of molybdenum, 325.0 million ounces of silver, and 0.75 billion pounds of cobalt. The company was founded in 1987 and is headquartered in Phoenix, Arizona.
Advisors' Opinion:- [By John Divine]
Freeport-McMoRan Copper & Gold (NYSE: FCX ) rounds out the list of today's laggards, with a 2.3% loss. This is the third straight day of declines for the copper miner, which continues to struggle with market repercussions from a deadly mining disaster at one of its locations in Indonesia. The lost production from the closed mine is estimated to be around $15 million per day.
- [By Matt DiLallo]
It would make more sense, in my opinion, to have a more diversified miner added to the Dow Jones. In fact, I think the easy choice here is to go with Freeport McMoRan (NYSE: FCX ) . It's the second-largest copper producer in the world; given the outlook for copper, it's a much better metal to gauge economic growth. In addition to copper, the company mines gold and molybdenum, which is an important metal used in steel production.
Top 10 Biotech Companies To Own For 2014: Simon Property Group Inc.(SPG)
Simon Property Group, Inc. is a real estate investment trust. The firm engages in investment, ownership, and management of properties. It invests in the real estate markets across the globe. The firm?s portfolio includes regional malls, premium outlet centers, the mills, community / lifestyle centers, and international properties. Simon Property Group was founded in 1960 and is based in Indianapolis, Indiana.
Advisors' Opinion:- [By Jon C. Ogg]
BMO Capital Markets made a REIT switch in its coverage: It raised Simon Property Group (NYSE: SPG) to Outperform from Market Perform based on an attractive entry point now that shares are down 20% or so from the highs, and it downgraded General Growth Properties (NYSE: GGP) to Market Perform from Outperform based on its relative valuation gap having dwindled.
- [By Chris Neiger]
2. Simon Property Group (NYSE: SPG ) -- Diversity score of 10: Simon Property is one of the largest real estate companies in the world and was mentioned in the report as an example of a company that treats diversity as a "compliance matter." The study said that Simon Property's diversity policy is treated as a human resources matter and the company isn't as public with its diversity programs or data as others are. Calvert said that companies in this grouping typically don't have strong diversity leadership.
Best Dividend Stocks To Watch For 2014: Wisconsin Energy Corporation (WEC)
Wisconsin Energy Corporation engages in the generation, distribution, and sale of electric energy and steam. The company also involves in the purchase, distribution, and sale of natural gas to retail customers, as well as in the transportation of customer-owned natural gas in Wisconsin. It generates electricity from coal, natural gas, wind, and hydro sources. The company offers its services under ?We Energies? name. It serves approximately 1,120,200 electric customers in Wisconsin and the Upper Peninsula of Michigan; approximately 1,064,500 gas customers in Wisconsin; and approximately 460 steam customers in metropolitan Milwaukee, Wisconsin. In addition, the company invests and develops in real estate properties, including business parks and other commercial real estate projects primarily in southeastern Wisconsin. It provides electric utility service to industries, such as mining, paper, foundry, food products, and machinery production, as well as to retail chains. The c ompany was founded in 1981 and is based in Milwaukee, Wisconsin.
Advisors' Opinion:- [By Chris Hill]
Our analysts share why they're keeping a close eye on Apple (NASDAQ: AAPL ) , Wisconsin Energy (NYSE: WEC ) �and Coach (NYSE: COH ) .
- [By Larry Smith]
Wisconsin Energy (WEC) - Wisconsin Energy is the largest electric and gas company in Wisconsin with 1.1 million electric customers and 1 million gas customers. Wisconsin Energy also owns a 26% interest in American Transmission Company, a multistate, transmission only utility. WEC has been named the most reliable utility in the Midwest seven out of the last 10 years and has very high customer satisfaction. I owned WEC briefly and would be willing to own it again at a price under $38.00.
Best Dividend Stocks To Watch For 2014: Regal Beloit Corporation(RBC)
Regal Beloit Corporation, together with its subsidiaries, manufactures and sells electric motors and controls, electric generators and controls, and mechanical motion control products primarily in the United States and Asia. The company operates in two segments, Electrical and Mechanical. The Electrical segment manufactures and markets AC and DC commercial, industrial, and commercial refrigeration electric motors and blowers, as well as heating, ventilation, and air conditioning (HVAC) electric motors and blowers. It also provides precision servo motors, electric generators, automatic transfer switches and paralleling switchgear, and control electric power generation equipment; AC and DC variable speed drives and controllers, and other accessories for industrial and commercial applications; and capacitors for use in HVAC systems, high intensity lighting, and other applications. The Mechanical segment manufactures and markets a range of mechanical motion control products, i ncluding worm gears, bevel gears, helical gears, and concentric shaft gearboxes; marine transmissions; after-market automotive transmissions, and ring and pinions; custom gearing; gearmotors; electrical connecting devices; and manual valve actuators, which are used in oil and gas, water distribution and treatment, and chemical processing applications. The company sells its products to original equipment manufacturers, distributors, and end users through its direct sales people and manufacturer?s representative organizations. Regal Beloit Corporation was founded in 1955 and is based in Beloit, Wisconsin.
Advisors' Opinion:- [By Rich Duprey]
Bank of America's (NYSE: BAC ) Merrill Lynch division and Royal Bank of Canada (NYSE: RBC ) have provided HBC with fully committed credit facilities, which, together with the equity commitment provided by the pension plan, is sufficient to close the transaction.
Best Dividend Stocks To Watch For 2014: United Bancshares Inc.(UBOH)
United Bancshares, Inc. operates as a bank holding company for The Union Bank Company that engages in the provision of commercial banking services to small and middle-market businesses and individuals. It accepts various deposit products, including checking accounts, savings and money market accounts, time certificates of deposit, time deposits, and demand deposits. The company also offers various loan products that consist of commercial, consumer, agricultural, residential mortgage, and home equity loans. In addition, it provides automatic teller machine services, safe deposit box rentals, and other personalized banking services. The company serves primarily in the Ohio counties of Allen, Hancock, Putnam, Sandusky, Van Wert, and Wood, as well as with office locations in Bowling Green, Columbus Grove, Delphos, Findlay, Gibsonburg, Kalida, Leipsic, Lima, Ottawa, and Pemberville, Ohio. United Bancshares, Inc. was founded in 1904 and is headquartered in Columbus Grove, Ohio.< /p>
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