The Investment Management Consultants Association has released the findings of a survey on investor expectations of their advisors, and it turns out that the younger the investor, the more highly they value their advisor holding professional credentials, especially licenses and registrations that they are not required to hold.
As part of the 2014 Advisor Impact “Economics of Loyalty” research, 84% of the millennials surveyed said it was "important" or "critical" that their advisors obtain voluntary certifications. Among the total of 1,200 investors surveyed, 62% felt that way about their advisors, while 65% said they found it either “somewhat important” or “critical” that their advisor’s credential was issued “by an objective, nonprofit, third-party certifier.”
The survey polled 1,200 individuals who have worked with or are currently working with a financial advisor, and was conducted online in February. IMCA contracted with Advisor Impact, the international research firm headed by Julie Littlechild, to include several custom questions as part of the annual survey.
Top Supermarket Companies To Own In Right Now: Federal Home Loan Mortgage Corp (FMCC)
Federal Home Loan Mortgage Corporation (Freddie Mac) conducts business in the United States residential mortgage market and the global securities market. The Company operates in three segments: Single-family Guarantee, Investments, and Multifamily. The Single-family Guarantee segment reflects results from the Company's single-family credit guarantee activities. The Investments segment reflects results from the Company's investment, funding and hedging activities. The Multifamily segment reflects results from the Company's investment (both purchases and sales), securitization, and guarantee activities in multifamily mortgage loans and securities. The Company conducts its operations in the United States and its territories.
Single-Family Guarantee Segment
In the Company�� Single-family Guarantee segment, it purchases single-family mortgage loans originated by the Company�� seller/servicers in the primary mortgage market. The Company uses the mortgage securitization process to package the purchased mortgage loans into guaranteed mortgage-related securities. The Company guarantees the payment of principal and interest on the mortgage-related security in exchange for management and guarantee fees. The Company�� customers are lenders in the primary mortgage market that originate mortgages for homeowners. These lenders include mortgage banking companies, commercial banks, savings banks, community banks, credit unions, Housing Finance Agency (HFAs), and savings and loan associations. The Company�� customers also service loans in its single-family credit guarantee portfolio.
Mortgage securitization is a process, by which the Company purchase mortgage loans that lenders originate, and pool these loans into mortgage securities that are sold in global capital markets. The United States residential mortgage market consists of a primary mortgage market that links homebuyers and lenders and a secondary mortgage market that links lenders and investors. The Company part! icipates in the secondary mortgage market by purchasing mortgage loans and mortgage-related securities for investment and by issuing guaranteed mortgage-related securities. In the Single-family Guarantee segment, it purchase and securitize single-family mortgages, which are mortgages that are secured by one- to four-family properties. The types of mortgage-related securities it issue and guarantee include PCs, REMICs and Other Structured Securities and Other Guarantee Transactions. The Company also issue mortgage-related securities to third parties in exchange for non-Freddie Mac mortgage-related securities. The non-Freddie Mac mortgage-related securities are transferred to trusts that were specifically created for the purpose of issuing securities, or certificates, in the Other Guarantee Transactions.
Investments Segment
In the Company�� Investments segment, it invests principally in mortgage-related securities and single-family performing mortgage loans, which are funded by other debt issuances and hedged using derivatives. In the Company�� Investments segment, it also provides funding and hedging management services to the Single-family Guarantee and Multifamily segments. The Company�� customers for its debt securities predominantly include insurance companies, money managers, central banks, depository institutions, and pension funds. The Company funds its investment activities by issuing short-term and long-term debt. The Company�� PCs are an integral part of its mortgage purchase program. The Company�� Single-family Guarantee segment purchases many of its mortgages by issuing PCs in exchange for those mortgage loans in guarantor swap transactions. The Company also issue PCs backed by mortgage loans that it purchased for cash.
Multifamily Segment
The Company�� multifamily segment issues Other Structured Securities, but does not issue REMIC securities. The Company multifamily segment also enters into other guarantee commitments for mult! ifamily H! FA bonds and housing revenue bonds held by third parties. The Company acquires a portion of its multifamily mortgage loans from several large seller/servicers.
The Company competes with Federal National Mortgage Association (Fannie Mae), Government National Mortgage Association (Ginnie Mae), Mae Federal Housing Administration/the United States Department of Veteran Affairs (FHA/VA) and Federal Home Loan Bank (FHLB).
Advisors' Opinion:- [By Alex Dumortier, CFA]
Fannie and Freddie: future uncertain
At the beginning of the month, I highlighted government mortgage agencies Federal National Mortgage Association (NASDAQOTCBB: FNMA ) and Federal Home Loan Mortgage Corp. (NASDAQOTCBB: FMCC ) , commonly known as Fannie Mae and Freddie Mac. As the result of an extraordinary run this year, the stocks now have, to my knowledge, the highest market capitalization of any penny stocks in the U.S. market. - [By Alexander MacLennan]
Mortgage giants
As the name implies, government sponsored entities (GSEs) have a relationship with the government that is more than the standard private corporation-to-government relationship. But after the financial crisis of 2008 and some changes to the financing terms in 2012, Fannie Mae (NASDAQOTCBB: FNMA ) and Freddie Mac (NASDAQOTCBB: FMCC ) are more in government control than almost any other shareholder-owned corporation.
Top 10 Up And Coming Companies To Buy For 2014: Bank of Ireland (BKIR)
Bank of Ireland and its subsidiaries provide a range of banking and other financial services. The Company operates in five segments: Retail Ireland, Bank of Ireland Life, Retail UK, Corporate and Treasury and Group Centre. Group Centre includes capital management activities, unallocated Group support costs and the cost of the Credit Institutions. Retail Ireland distributes a range of financial products and services through the Bank�� branch operations in the Republic of Ireland and through its direct channels. The Company operates in the life and pensions market in Ireland through its wholly owned subsidiary New Ireland Assurance Company plc (NAIC).Retail UK consists of Business Banking in Great Britain and Northern Ireland, the branch network in Northern Ireland, the United Kingdom residential mortgage business and the business activities with the United Kingdom Post Office. Corporate and Treasury division consists of Corporate Banking, Global Markets and IBI Corporate Finance. Advisors' Opinion:- [By Sarah Jones]
In Dublin, Bank of Ireland (BKIR) slipped 3.4 percent to 14.1 euro cents and Permanent TSB Group Holdings Plc (IPM) tumbled 13 percent to 2.6 cents. Allied Irish Banks Plc (ALBK), which is owned by the state, slid 1.5 percent to 6.5 cents.
Top 10 Up And Coming Companies To Buy For 2014: Casella Waste Systems Inc (CWST)
Casella Waste Systems, Inc., incorporated on March 1, 1993, is a vertically integrated solid waste, recycling, and resource management services company. The Company provide resource management and services to residential, commercial, municipal, and industrial customers, primarily in the areas of solid waste collection, transfer, disposal, recycling, and organics services. The Company operates in Vermont, New Hampshire, New York, Massachusetts, Maine, and Pennsylvania. As of May 31, 2013, the Company owned and/or operated 35 solid waste collection operations, 38 transfer stations, 16 recycling facilities, nine Subtitle D landfills, four landfill gas-to-energy facilities, one landfill permitted to accept construction and demolition, or C&D, materials.
The Company manages its solid waste operations on a geographic basis through two regional operating segments: the Eastern and Western regions, each of which includes a range of solid waste services, and its larger-scale recycling operations and commodity brokerage operations through its Recycling segment.
Solid Waste Operations
The Company solid waste operations consists a range of non-hazardous solid waste services, including collections, transfer stations, material recovery facility ( MRFs) and disposal facilities. A majority of its commercial and industrial collection services are performed under one to three-year service agreements, with prices and fees determined by such factors as collection frequency, type of equipment and containers furnished, type, volume and weight of solid waste collected, distance to the disposal or processing facility and cost of disposal or processing. Its residential collection and disposal services are performed either on a subscription basis. The Company transfer stations receive, compact and transfer solid waste collected primarily by various collection operations, for transport to disposal facilities by larger vehicles.
The Company�� MRFs, receive, sort, bale and res! ell recyclable materials originating from the municipal solid waste stream, including newsprint, cardboard, office paper, containers and bottles. The Company operates six MRFs in geographic areas served by its collection divisions. Revenues are received from municipalities and customers in the form of processing fees, tipping fees and commodity sales. The Company's MRFs, two of which are located in Vermont, two in Massachusetts and two in New York, are large-scale, high-volume facilities that process over 0.4 million tons per year of recycled materials delivered to them by municipalities and commercial customers under long-term contracts. The Company also operates MRFs as an integral part of its core solid waste operations, which generally process recyclables collected from its various residential collection operations.
Eastern region
The Eastern region consists of wastesheds located in Maine, southern and central New Hampshire and central and eastern Massachusetts. The Eastern region is vertically integrated, with transfer, landfill, organics and processing and recycling assets serviced by its collection operations. In February 2013, the Company aligned management of the NCES landfill with the Eastern region. NCES had been historically aligned with the Western region. In December, 2012 the Company acquired BBI Waste Services (BBI), which gave the Company additional hauling and transfer capacity in southern Maine.
Western region
The Western region includes wastesheds located in Vermont, north and south western New Hampshire and eastern New York that were previously included in the eliminated Central region. The portion of New York served by the Western region includes Clinton (operation of the Clinton County landfill), Franklin, Essex, Warren, Washington, Saratoga, Rennselaer and Albany counties. The Western region also consists of wastesheds in upstate New York (which includes Ithaca, Elmira, Oneonta, Lowville, Potsdam, Geneva, Auburn, Dunkirk, Jame! stown and! Olean). Its collection operations include leadership positions in nearly every rural market outside of the larger metropolitan markets, such as Syracuse, Rochester, Buffalo and Albany.
Recycling
Recycling is the processors and marketers of recycled materials in the eastern United States, consists six MRFs that process and then market recyclable materials that municipalities and commercial customers deliver to them under long-term contracts. Three of the 6 MRFs are leased, the other three are owned. During fiscal year ended April 30, 2013, Recycling segment processed and/or marketed approximately 0.5 million tons of recyclable materials including tons marketed through the Company's commodity brokerage operation. Recycling facilities are located in Vermont, New York and Massachusetts.
The Company competes with Waste Management, Inc, Republic Services, Inc, Waste Connections, Inc., Owens Corning, CertainTeed Corporation and Johns Manville.
Advisors' Opinion:- [By James Miller Phd]
As we can see, the firm has a higher ROE than it peers: Sharps Compliance, Casella Waste Systems, Inc. (CWST), Donaldson Company, Inc. (DCI) and GSE Holding Inc. (GSEH).
Top 10 Up And Coming Companies To Buy For 2014: Ferro Corporation (FOE)
Ferro Corporation, together with its subsidiaries, produces and sells specialty materials and chemicals in the United States and internationally. It operates in six segments: Performance Coatings, Electronic Materials, Color and Glass Performance Materials, Polymer Additives, Specialty Plastics, and Pharmaceuticals. The company provides electronic, color, and glass materials, including conductive metal powders, polishing materials, glazes, enamels, pigments, decoration colors, and other performance materials. It also offers polymer and ceramic engineered materials, such as polymer additives, engineered plastic compounds, pigment dispersions, glazes, frits, porcelain enamel, pigments, inks, and high-potency pharmaceutical active ingredients. The company provides its products for a range of applications in various markets, such as appliances, automobiles, building and renovation, electronics, household furnishings, industrial products, packaging, and pharmaceuticals. The com pany sells its products to manufacturers of ceramic tile, major appliances, construction materials, automobile parts, glass, bottles, vinyl flooring and wall coverings, and pharmaceuticals directly, as well as through agents and distributors. Ferro Corporation was founded in 1919 and is headquartered in Mayfield Heights, Ohio.
Advisors' Opinion:- [By Maria Armental var popups = dojo.query(".socialByline .popC"); popups.forEach]
A. Schulman Inc.(SHLM) agreed to buy a majority of Ferro Corp.'s(FOE) specialty plastics business for $91 million in cash, an effort to expand its geographic footprint.
- [By Eric Volkman]
Ferro (NYSE: FOE ) now has a new man in its CEO office. The company's board has installed Peter Thomas as its chief executive and president, effective immediately. Since last November, he had served in an interim capacity in both positions.
Top 10 Up And Coming Companies To Buy For 2014: Great Plains Energy Inc (GXP)
Great Plains Energy Incorporated (Great Plains Energy), incorporated on February 26, 2001, is a public utility holding company. The Company does not own or operate any assets other than the stock of its subsidiaries. Great Plains Energy�� wholly owned direct subsidiaries with operations or active subsidiaries includes Kansas City Power & Light Company (KCP&L), and KCP&L Greater Missouri Operations Company (GMO). The Company is engaged in the business segment of electric utility. The electric utility segment consists of KCP&L, a regulated utility, and GMO�� regulated utility operations, which include its Missouri Public Service and St. Joseph Light & Power (L&P) divisions. Electric utility serves approximately 825,300 customers located in western Missouri and eastern Kansas.
KCP&L is an integrated, regulated electric utility that provides electricity to customers in the states of Missouri and Kansas. KCP&L has one active wholly owned subsidiary, Kansas City Power & Light Receivables Company (Receivables Company). GMO is an integrated, regulated electric utility that provides electricity to customers in the state of Missouri. GMO also provides regulated steam service to certain customers in the St. Joseph, Missouri area. GMO wholly owns MPS Merchant Services, Inc. (MPS Merchant), which has certain long-term natural gas contracts remaining from its former non-regulated trading operations.
Customers include approximately 726,100 residences, 96,600 commercial firms, and 2,600 industrials, municipalities and other electric utilities. During the year ended December 31, 2012, electric utility�� retail revenues averaged approximately 90% of its total operating revenues. Wholesale firm power, bulk power sales and miscellaneous electric revenues accounted for the remainder of electric utility�� revenues. During 2012, electric utility�� total electric revenues were 100% of Great Plains Energy�� revenues. During 2012, electric utility�� net income accounted for approximately! 108%, of Great Plains Energy�� income from continuing operations, respectively.
Advisors' Opinion:- [By Eric Volkman]
Great Plains Energy (NYSE: GXP ) is keeping its dividend as level as the geographical feature in its company name. The company will distribute $0.2175 per share of its common stock on June 20 to shareholders of record as of May 20.� This amount matches the company's previous two disbursements, the most recent of which was paid in March. Before that, Great Plains handed out $0.2125.
- [By Justin Loiseau]
Reeling in rates
Great Plains Energy (NYSE: GXP ) shares are up 18.3% in the past year, a sign that something's going right for this Missouri/Kansas utility company. Fiscal 2013 EPS bumped up 8%, but the real gains came from regulation risk reduction. After filing for rate increases in early 2012, Great Plains got the green light from regulators to boost its 2013 prices. On the unregulated front, the utility generates 83% of its electricity from coal and 14% from nuclear power, a (recently revealed) welcome relief from natural gas' rapidly rising prices. - [By Justin Loiseau]
As coal prices regain their competitive edge, investors should watch TECO Energy (NYSE: TE ) , Great Plains Energy (NYSE: GXP ) , and FirstEnergy (NYSE: FE ) .
- [By David Dittman]
Answer: It’s too soon to say what the financial impact of the Winnipeg incident will have on TransCanada. The impact for its customers, including Xcel Energy (NYSE: XEL) and Great Plains Energy (NYSE: GXP), may be more acute in the short term. TransCanada will definitely be under increased regulatory scrutiny.
I’m a fan of TransCanada for the long term. It has a solid, diverse and growing presence in North American energy infrastructure. It’s about much more than Keystone XL.
Top 10 Up And Coming Companies To Buy For 2014: NovaDx Ventures Corp (NDX)
NovaDX Ventures Corp. (Novadx) is a Canada-based mining investment company, engaged in investing in the North American junior resource exploration and mining sector. In January, 2012 a higher capacity auger machine was delivered to the Rosa Mine. During August 2012, the Company sold the small auger and paid off the higher capacity auger machine. On October 16, 2012,the Company announced that it, along with Sandstorm, have entered into a Letter of Intent to acquire certain coal properties and assets located in Campbell and Scott Counties, Tennessee. The Company�� wholly owned subsidiary MCoal Corporation (MCoal) operates the Rosa mine located in Blount Count, Alabama, which produces coal for the metallurgical and activated carbon coal markets. In January 2013, Sandstorm Metals and Energy Ltd together with the Company acquired Mine 12, the Turley Rail Load-Out, and the Smokey Junction Preparation Plant located in Campbell and Scott Counties, Tennessee. Advisors' Opinion:- [By Jim Jubak]
However, in all fairness, shares of Qualcomm have indeed lagged the Nasdaq 100 (NDX) over the past year. But despite that fact, Qualcomm is still currently rated a buy by a large percentage of analysts who continue to follow the stock. As Hendershot points out, perhaps that is because ��ualcomm believes the company can generate double-digit compound average growth for revenues and earnings for, at least, the next five years.��/p>
Top 10 Up And Coming Companies To Buy For 2014: Axis Capital Holdings Limited (AXS)
AXIS Capital Holdings Limited provides specialty lines insurance and treaty reinsurance products in Bermuda, the United States, Europe, Singapore, Canada, Australia, and Latin America. The company�s Insurance segment offers property insurance for commercial buildings, residential premises, construction projects, and onshore energy installations; marine insurance covering offshore energy, cargo, liability, recreational marine, fine art, specie, hull, and war; and aviation, terrorism, credit and political risk, and liability insurance. It also provides professional lines that cover directors� and officers� liability, errors and omissions liability, employment practices liability, fiduciary liability, crime, professional indemnity, and other financial insurance related coverage; and accidental death, travel, and specialty health products for employer and affinity groups, financial institutions, schools, and colleges, as well as accident and health reinsurance for catastrop hic or per life events. This segment offers its products through wholesale and retail brokers, managing general agents, and underwriters. Its Reinsurance segment provides non-life reinsurance to insurance companies, including catastrophe; property reinsurance covering property damage and related losses resulting from natural and man-made perils; professional lines; credit and bond reinsurance; and motor reinsurance providing coverage to cedants for motor liability and property damage losses. This segment also offers coverage to insurers of standard casualty business, excess and surplus casualty business, and specialty casualty programs; coverage for various types of construction risks and risks associated with the erection, testing, and commissioning of machinery and plants during the construction stage; and aviation, marine, personal accident, and crop reinsurance. AXIS Capital Holdings Limited was founded in 2001 and is headquartered in Pembroke, Bermuda.
Advisors' Opinion:- [By Dividends4Life]
Fair Value: In calculating fair value, I consider the NPV MMA Differential Fair Value along with these four calculations of fair value, see page 2 of the linked PDF for a detailed description: 1. Avg. High Yield Price 2. 20-Year DCF Price 3. Avg. P/E Price 4. Graham Number CINF is trading at a discount to only 3.) above. The stock is trading at a 36.8% premium to its calculated fair value of $34.96. CINF did not earn any Stars in this section. Dividend Analytical Data: In this section there are three possible Stars and three key metrics, see page 2 of the linked PDF for a detailed description: 1. Free Cash Flow Payout 2. Debt To Total Capital 3. Key Metrics 4. Dividend Growth Rate 5. Years of Div. Growth 6. Rolling 4-yr Div. > 15% CINF earned two Stars in this section for 1.) and 2.) above. A Star was earned since the Free Cash Flow payout ratio was less than 60% and there were no negative Free Cash Flows over the last 10 years. The stock earned a Star as a result of its most recent Debt to Total Capital being less than 45%. The company has paid a cash dividend to shareholders every year since 1954 and has increased its dividend payments for 54 consecutive years. Dividend Income vs. MMA: Why would you assume the equity risk and invest in a dividend stock if you could earn a better return in a much less risky money market account (MMA) or Treasury bond? This section compares the earning ability of this stock with a high yield MMA. Two items are considered in this section, see page 2 of the linked PDF for a detailed description: 1. NPV MMA Diff. 2. Years to > MMA The NPV MMA Diff. of the $62 is below the $500 target I look for in a stock that has increased dividends as long as CINF has. If CINF grows its dividend at 1.2% per year, it will take 5 years to equal a MMA yielding an estimated 20-year average rate of 3.68%. Memberships and Peers: CINF is a member of the S&P 500, a Dividend Aristocrat, a member of the Broad Dividend Achievers��Index and a Divid
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