stock valuation

Bob Doll Explains How Stocks Could Be Derailed

Mercer Bullard: Think DOLs Fiduciary Rule Is Too Strict? Blame SEC

Gundlach Sounds Fed Alarm, Warns of Selloff Near Inauguration Day

The U.S. Department of Education has two quite different roles in the lives of indebted former students. The same bureaucracy that must safeguard taxpayer dollars by collecting $1.1 trillion in loans also oversees the nation’s largest-ever effort to forgive student debt.

These dual roles have culminated in a strange situation. The Obama administration has repeatedly promised that borrowers eligible to have their student loans cancelled would be reimbursed for “every penny.” But for months, the Education Department has been actively working to collect on federal student debt owed by tens of thousands of former students at Corinthian Colleges Inc., which filed for bankruptcy in 2015 under a cloud of fraud investigations.

“The department is not collecting on loans from borrowers that it knows are eligible” for fraud-based debt cancellations, said Kelly Leon, an Education Department spokeswoman. Leon said the department had corrected errors after identifying them and that education officials believe “nobody should be in collections for a loan that is eligible to be discharged.” The department worked with state prosecutors because they have resources the department doesn’t have, Leon said. She declined to answer numerous questions submitted in writing or provide further comment addressing Bloomberg News’s findings. 

stock valuation: Franklin Covey Company(FC)

Advisors’ Opinion:

  • [By Monica Gerson]

     

    Darden Restaurants, Inc. (NYSE: DRI) is estimated to report its quarterly earnings at $1.08 per share on revenue of $1.81 billion.
    ConAgra Foods Inc (NYSE: CAG) is expected to report its quarterly earnings at $0.52 per share on revenue of $2.89 billion.
    Paychex, Inc. (NASDAQ: PAYX) is projected to report its quarterly earnings at $0.49 per share on revenue of $751.52 million.
    Micron Technology, Inc. (NASDAQ: MU) is expected to post a quarterly loss at $0.09 per share on revenue of $2.95 billion.
    McCormick & Company, Incorporated (NYSE: MKC) is estimated to report its quarterly earnings at $0.74 per share on revenue of $1.06 billion.
    Constellation Brands, Inc. (NYSE: STZ) is expected to report its quarterly earnings at $1.51 per share.
    Schnitzer Steel Industries, Inc. (NASDAQ: SCHN) is estimated to report its quarterly earnings at $0.18 per share on revenue of $356.41 million.
    Franklin Covey Co. (NYSE: FC) is expected to post its quarterly earnings at $0.08 per share on revenue of $49.89 million.
    Lindsay Corporation (NYSE: LNN) is projected to report its quarterly earnings at $0.99 per share on revenue of $148.43 million.

    Posted-In: Earnings scheduleEarnings News Pre-Market Outlook Markets

stock valuation: SoftBank Group Corp. (SFTBY)

Advisors’ Opinion:

  • [By SEEKINGALPHA.COM]

    Synchronoss Technologies (NASDAQ:SNCR) is a global leader in enterprise mobility cloud solutions, and software-based activation platforms for some of the largest global telecommunication providers, cable/broadband operators, and OEM’s (with a growing presence across a variety of different sectors such as Retail, Finance, and Healthcare). With over 3.5 Billion global subscribers (300 out of the Fortune 500), SNCR is providing customers cloud-based solutions that enable people to securely connect, synchronize, manage, and back up data across applications through connected devices such as mobile phones, tablets, and PCs. In-turn they enable the ability for employees to bring their own device “BYOD”, to work using their cloud based platform and embedded security features such as multi-factor authentication to target Enterprise based solutions (the focal point of their future). Their secure mobility and cloud-based enterprise solutions have significantly grown, and continue to evolve into a world class platform enabling enterprises to save money on hardware costs, improve operational efficiency, while driving significant productivity in a secure manner. With stable heavy weight telecommunication customers such as Verizon (NYSE:VZ), AT&T (NYSE:T), T-Mobile (NASDAQ:TMUS), America Movil (NYSE:AMX), Orange (NYSE:ORAN), Telefonica S.A. (NYSE:TEF), Vodafone (NASDAQ:VOD), and Softbank (OTCPK:SFTBY), just to name a very few, SNCR is looking to diversify (70% of revenue still comes from VZ and T) across providers through cloud-based offerings, while leveraging their learning curve. With a valuable niche expanding horizontally and vertically in a high growth developing global market, producing healthy gross margins (60+%), an impressive list of market opportunities, and very reasonable valuation metrics relative to peers and estimated growth, SNRC is a great play every growth seeking, value oriented investor should consider.

  • [By SEEKINGALPHA.COM]

    According to FT Partners, the FinTech market saw a record 412 financial deals during the third quarter of 2017. One of the largest deals in the quarter involved a $250 million investment by Softbank (OTCPK:SFTBY) in billion-dollar unicorn Kabbage (Private:KBGE).

  • [By WWW.THESTREET.COM]

    Softbank Group Corp. (SFTBY) shares gained in afternoon trading in Tokyo Monday, after it unveiled better-than-expected earnings for the three months ended in June.

  • [By SEEKINGALPHA.COM]

    Rubin had recruited Softbank (OTCPK:SFTBY) to contribute $100 million to the startup, which was to be valued at, you guessed it, $1 billion. Another unicorn in the land of unicorns – this one with the groundbreaking idea of a premium Android smartphone.

  • [By SEEKINGALPHA.COM]

    In 2015, Alibaba and Ant invested $680 million in Paytm, India’s mobile payments scheme, giving it a 40 percent share at the time. Last month, they poured another $177 million into it, upping its ownership stake to more than 50 percent. Just last week, Softbank (OTCPK:SFTBY) – Alibaba’s largest shareholder – was reported to be pondering a $1 billion investment in Paytm, which sources say could allow it to hive off its separately branded Paytm eCommerce marketplace. It’s also been suggested that having a Softbank investment that large in Paytm could assuage regulator concerns over China’s possible lock on the Indian market – Paytm currently has 200 million users in India. In December, a company vice president said that Paytm was doing more transactions – 7 million a day – than all of the combined debit and credit transactions in India.

  • [By SEEKINGALPHA.COM]

    Interestingly, margins were also approximately 14% in 2012 (the year before Softbank (OTCPK:SFTBY) acquired Sprint) when using the same “traditional EBITDA” methodology. Revenues in 2012, on the other hand, were higher than the annualized results for the first nine months of this current fiscal year. So, on an apples-to-apples basis, neither revenues nor margins appear to have improved much for Sprint since 2012.

stock valuation: Clean Diesel Technologies Inc.(CDTI)

Advisors’ Opinion:

  • [By Monica Gerson]

    Clean Diesel Technologies, Inc. (NASDAQ: CDTI) is projected to post a quarterly loss at $0.18 per share on revenue of $10.25 million.

    Sphere 3D Corp. (NASDAQ: ANY) is estimated to post a quarterly loss at $0.11 per share on revenue of $22.10 million.

stock valuation: Nuveen Municipal Value Fund Inc.(NUV)

Advisors’ Opinion:

  • [By Donald van Deventer]

    The latest implied forward rate forecast from Kamakura Corporation shows projected 10-year U.S. Treasury yields differing -0.07% to 0.03% from last week while fixed rate mortgage yields varied by -0.01% to 0.08%. Mortgage yields, determined by the Monday through Wednesday weekly survey of the Federal Home Loan Mortgage Corporation, lag Treasury movements simply because of the 3-day yield calculation used in the Primary Mortgage Market Survey. The 10-year U.S. Treasury yield is projected to rise from 2.92% at Thursday’s close (down 0.06% from last week) to 3.374% (down 0.06% from last week) in one year. The 10-year U.S. Treasury yield in ten years is forecast to reach 4.639%, 1 basis point lower than last week. The 15-year fixed rate mortgage rate is forecast to rise from the effective yield of 3.69% on Thursday (down 0.001% from last week) to 4.222% (down 0.006% from last week) in one year and 6.29% in 10 years, up 0.038% from last week. We explain the background for these calculations in the rest of this note, along with some mortgage servicing rights metrics. The forecast allows investors in exchange traded U.S. Treasury funds (TLT) (TBT), total return bond funds (BOND), municipal bonds (NUV) and exchange traded mortgage funds (REM) to assess likely total returns over the next 120 months. Treasury-related exchange traded funds affected by the forward rates include:

stock valuation: Perceptron, Inc.(PRCP)

Advisors’ Opinion:

  • [By Lisa Levin]

    Perceptron, Inc. (NASDAQ: PRCP) shares shot up 14 percent to $7.23. Perceptron reported Q2 earnings of $0.27 per share on revenue of $21.75 million.

stock valuation: Navistar International Corporation(NAV)

Advisors’ Opinion:

  • [By Lee Jackson]

    Icahn also was a buyer last week of Navistar International Corp. (NYSE: NAV). He acquireda total of 423.404 shares of the truck and engine maker at prices that ranged from $25.37 to $25.92. The total for the buy was listed at $11 million. The stock closed Friday at $27.49, so it looks like another well-timed buy. The 52-week range for the shares is $10.30 to $33.46, and the consensus price target is $26.79.

  • [By Lee Jackson]

    Navistar International Corp. (NYSE: NAV) was started with a Buy rating and a $36 price objective at Aegis Capital. That compares with a consensus target of $24.08. The 52-week range is $5.78 to $32.84. The stock closed yesterday at $30.93.

Leave a Reply

Your email address will not be published. Required fields are marked *