Computer Sciences Corporation (NYSE:CSC) may miss its fiscal 2014, and 2017 revenue goals, as the next phase of turnaround gets more difficult. The company's margin expansion and cost takeout has tracked ahead of the plan, but the topline has fallen short of expectations.
Falls Church, Virginia-based CSC offers information technology (IT) services to clients in the global commercial and government markets. The company's offerings include IT and business process outsourcing, and IT and professional services.
Although there is some upside remaining in margins over the next few quarters, CSC will soon need improve revenue growth to drive further upside rather than cost saves.
[Related -5 Key Takeaways From International Business Machines Corp. (NYSE:IBM)Troubles]
Deutsche Bank analyst Bryan Keane is more skeptical that CSC can accomplish a revenue turnaround near-term especially given with the recent significant amount of business model changes.
10 Best Healthcare Equipment Stocks To Own For 2015: Sigma Labs Inc (SGLB)
Sigma Labs, Inc., incorporated on December 23, 1985, has two wholly-owned subsidiaries, B6 Sigma, Inc. and Sumner & Lawrence Limited (dba Sumner Associates). B6 Sigma, Inc. (B6 Sigma) develops precision manufacturing solutions and advanced materials technologies, as well as Reasearch and Development solutions for first-tier integrators and other commercial firms worldwide. Sumner Associates provide consultants to Federal government and commercial clients seeking productive solutions for development technologies. As of December 31, 2012, the Company is engaged in a range of activities, in which it seek to commercialize technologies and products in the industry sectors, which include in process quality assurance for manufacturing; aerospace and defense manufacturing; additive manufacturing; active protection systems for defending light armored vehicles; advanced materials for munitions; advanced materials for sporting goods; advanced manufacturing technologies, and dental implant and biomedical prosthetics technologies.
Sumner & Lawrence Limited (Sumner), based in Santa Fe, New Mexico, provides consulting services to the public sector, especially with regard to emerging technologies and alternative applications of established technologies. Sumner holds ongoing contracts with government agencies and the appropriate levels of security clearance for those contracts. Sumner's clients include the State Department, the Department of Defense, the Department of Energy, various military services and affiliated agencies, the National Laboratories, and contractors to these organizations.
Advisors' Opinion:- [By James E. Brumley]
For veteran traders who've kept tabs on Sigma Labs Inc. (OTCMKTS:SGLB) over the past three months or so, it may be surprising to hear someone suggest it as a buy. Like so many other stocks of its ilk have done since the beginning of the organized market, SGLB went from (proverbially) zero to hero between late May and mid-July with a move from $0.025 to a peak of $0.118 only to fall back to the $0.04 level a couple of weeks later. It's the relatively common "one hit wonder", and if Sigma Labs followed the usual pattern of other small stocks that burned brilliantly for a few days, we wouldn't see anything particularly bullish from SGLB for a few months, if not years.
10 Best Healthcare Equipment Stocks To Own For 2015: Waddell & Reed Financial Inc. (WDR)
Waddell & Reed Financial, Inc., through its subsidiaries, provides investment management, investment product underwriting and distribution, and shareholder services administration to mutual funds, and institutional and separately managed accounts in the United States. The company acts as an investment adviser for institutional and other private investors, and provides sub advisory services to other investment companies; underwrites and distributes registered open-end mutual fund portfolios; distributes business partners� variable annuity products, and retirement and life insurance products to advisors channel customers; sells life insurance and disability products underwritten by various carriers; and offers fee-based asset allocation investment advisory products to advisors channel customers. It distributes investment products through independent financial advisors, broker/dealers, registered investment advisors, and various retirement platforms; and markets investment a dvisory services to institutional investors directly or through consultants. Waddell & Reed Financial, Inc. was founded in 1937 and is based in Overland Park, Kansas.
Advisors' Opinion:- [By Will Ashworth]
With the future of asset managers clearly in the hands of ETFs, iShares��formidable market share suggests that Larry Fink and company have more good years ahead. When it comes to large-cap asset managers I see BLK stock as your best bet in 2014.
Waddell & Reed (WDR)One of the oldest mutual fund companies in the U.S., Waddell & Reed (WDR) is still growing quarterly revenues and earnings by double digits. With $114 billion in assets under management, analysts expect WDR to report Q4 earnings of 78 cents on Feb. 4 — 28% higher year-over-year.
- [By Rich Duprey]
Mutual fund complex�Waddell & Reed Financial� (NYSE: WDR ) announced today its third-quarter dividend of $0.28 per share, the same rate it's paid for the past two quarters after raising the payout 12% from $0.25 per share.
- [By Marc Bastow]
Investment services and shareholder services administrator Waddell & Reed (WDR) raised its quarterly dividend 21% to 34 cents per share, payable on Feb. 3 to shareholders of record as of Jan. 13.
WDR Dividend Yield: 2.2%
Top Recreation Stocks To Watch Right Now: Viasystems Group Inc.(VIAS)
Viasystems Group, Inc. provides multi-layer printed circuit boards (PCBs) and electro-mechanical solutions worldwide. The company?s products and services are used in a range of applications, including, automotive engine controls, data networking equipment, telecommunications switching equipment, complex medical, technical and industrial instruments, and flight control systems. Its PCBs products include circuitry and mounting surfaces to interconnect discrete electronic components, such as integrated circuits, capacitors, and resistors. The company?s electro-mechanical solutions comprise assembly of backplanes, assembly of printed circuit boards, fabrication of custom and standard metal enclosures, cabinets, racks, sub-racks and bus bars; systems integration; final assembly; and product testing and fulfillment. It also offers various manufacturing services consisting of design and prototyping, PCB and backpanel fabrication, backpanel assembly, PCB assembly, custom metal e nclosure fabrication, full system assembly and test, packaging and global distribution, after-sales support, and supply chain management. The company markets its products and services to original equipment manufacturers and contract electronic manufacturers in automotive, industrial and instrumentation, telecommunications, computer and data communications, and military and aerospace markets through its own sales and marketing organization, and through relationships with independent sales agents. The company was formerly known as Circo Technologies, Inc. and changed its name to Viasystems Group, Inc. in January 1997. Viasystems Group, Inc. was founded in 1996 and is headquartered in St. Louis, Missouri.
Advisors' Opinion:- [By Seth Jayson]
Calling all cash flows
When you are trying to buy the market's best stocks, it's worth checking up on your companies' free cash flow once a quarter or so, to see whether it bears any relationship to the net income in the headlines. That's what we do with this series. Today, we're checking in on Viasystems Group (Nasdaq: VIAS ) , whose recent revenue and earnings are plotted below.
10 Best Healthcare Equipment Stocks To Own For 2015: Covanta Holding Corp (CVA)
Covanta Holding Corporation (Covanta), incorporated in April 16, 1992, is a holding company. The Company is a owner and operator of infrastructure for the conversion of waste to energy ( energy-from-waste or EfW), as well as other waste disposal and renewable energy production businesses. Covanta conduct all of its operations through subsidiaries which are engaged predominantly in the businesses of waste and energy services. The Company has one segment which is Americas and consists of waste and energy services operations primarily in the United States and Canada. The Company owns and holds interests in energy-from-waste facilities in China and Italy. The Company also has investments in subsidiaries engaged in insurance operations in California, primarily in property and casualty insurance. In 2011, it sold two landfill gas projects located in California. In May 2011, it acquired a metals processing facility located on its Dade energy-from-waste facility site.
As of December 31, 2011, it owned 85% interest of Taixing Covanta Yanjiang Cogeneration Co., Ltd. It operates and maintains the energy-from-waste facility located in and owned by the City and County of Honolulu, Hawaii. In December 2011, the Company amended the waste disposal agreement with the Union County Utilities Authority to extend their terms from 2023 to 2031 and to increase the Union County Utilities Authority�� waste disposal commitment. The Company�� EfW facilities earn revenue from both the disposal of waste and the generation of electricity, generally under long-term contracts, as well as from the sale of metal recovered during the energy-from-waste process. In the Americas, it processes approximately 19 million tons of solid waste annually. In total, these assets produce over 10 million megawatt hours of baseload electricity annually. The Company operates and/or has ownership positions in 46 energy-from-waste facilities, which are primarily located in North America, and 15 additional energy generation facilities, i! ncluding other renewable energy production facilities in North America (wood biomass and hydroelectric). The Company also operates a waste management infrastructure that is complementary to its core EfW business.
Energy-From-Waste Projects
Energy-from-waste projects have two purposes: to provide waste disposal services, typically to municipal clients who sponsor the projects, and to use that waste as a fuel source to generate renewable energy. The electricity or steam generated by the projects is generally sold to local utilities or industrial customers. The projects are capable of providing waste disposal services and generating electricity or steam. The Company provides these waste disposal services and sell the electricity and steam generated under contracts, which expire on various dates between 2012 and 2034. Many of its service contracts may be renewed for varying periods of time, at the option of the municipal client.
Tehe Company�� energy-from-waste projects generate revenue from three main sources: fees charged for operating projects or processing waste received; the sale of electricity and/or steam, and the sale of ferrous and non-ferrous metals that are recycled as part of the energy-from-waste process. Its customers for waste disposal or facility operations are principally municipal entities, though it also markets disposal capacity at certain facilities to commercial and special waste customers. Its facilities sell energy primarily to utilities at contracted rates or, in situations where a contract is not in place, at prevailing market rates in regional markets (primarily PJM, NEPOOL and NYISO in the Northeastern United States).
The Company operates, and in some cases has ownership interests in, transfer stations and landfills, which generate revenue from ash disposal fees or operating fees. In addition, it owns, and in some cases operates, other renewable energy projects in the Americas segment, which generate electricity from wood wast! e (biomas! s) and hydroelectric resources. The electricity from these other renewable energy projects is sold to utilities under contracts or into the regional power pool at short-term rates. For these projects, it receives revenue from sales of energy, capacity and/or cash from equity distributions and additional value from the sale of renewable energy credits.
The Company operates energy-from-waste projects in 16 states and one Canadian province, and are constructing an energy-from-waste project in a second Canadian province. Most of its energy-from-waste projects were developed and structured contractually as part of competitive procurement processes conducted by municipal entities. Its EfW projects can generally be divided into three categories, based on the applicable contract structure at a project: Tip Fee projects, Service Fee projects that the Company owns, and Service Fee projects that it do not own but operate on behalf of a municipal owner. At Tip Fee projects, it receives a per-ton fee for processing waste, and it typically retain all of the revenue generated from energy and recycled metal sales. The Company generally owns or leases the Tip Fee facilities. At Service Fee projects, it typically charge a fixed fee for operating the facility, and the facility capacity is dedicated either primarily or exclusively to the host community client, which also retains the majority of any revenue generated from energy and recycled metal sales. The Company also owns and/or operates 13 transfer stations and four ash landfills in the northeast United States, which it utilizes to supplement and manage more efficiently the fuel and ash disposal requirements at its energy-from-waste operations. The Company provides waste procurement services to its waste disposal and transfer facilities which have available capacity to receive waste.
Biomass Projects
The Company owns and operates seven wood-fired generation facilities and have a 55% interest in a partnership which owns another w! ood-fired! generation facility. The Company�� six facilities are located in California, and two are located in Maine. The combined gross energy output from these facilities is 191 megawatts. The Company generates income from its biomass facilities from sales of electricity, capacity, and where available, additional value from the sale of renewable energy credits. These facilities sell their energy output into local power pools or to local utilities at rates that are either fixed or float with the market.
Hydroelectric
The Company owns a 50% interest in two small run-of-river hydroelectric facilities located in the State of Washington, which sells energy and capacity to Puget Sound Energy under long-term energy contracts. The Company has a nominal investment in two hydroelectric facilities in Costa Rica.
Energy-From-Waste
The Company and Chongqing Iron & Steel Company (Group) Ltd. entered into an agreement to build, own, and operate a 1,800 metric ton per day energy-from-waste facility for Chengdu Municipality in Sichuan Province, People�� Republic of China. The Company also executed a 25 year waste concession agreement for this project. In connection with this project, it acquired a 49% interest in the project company. Construction commenced in 2009 and the facility began processing waste during the year ended December 31, 2011. The electrical output from these projects is sold at governmentally established preferential rates under short-term arrangements with local power bureaus. As of December 31, 2011, the Company owned 85% of Taixing Covanta Yanjiang Cogeneration Co., Ltd. which, in 2009, entered into a 25 year concession agreement and waste supply agreements to build, own and operate a 350 metric tons per day energy-from-waste facility for Taixing Municipality, in Jiangsu Province, People�� Republic of China. The Company will continue to operate its coal-fired facility.
The Company owns a 40% interest in Chongqing Sanfeng Covanta Environ! mental In! dustry Co., Ltd. (Sanfeng), a company located in Chongqing Municipality, People�� Republic of China. Sanfeng is engaged in the business of owning and operating energy-from-waste projects, providing design and engineering, procurement, construction services and equipment sales for energy-from-waste facilities in China. Sanfeng owns minority interests in two 1,200 metric tons per day, 24 megawatts mass-burn energy-from-waste projects (Fuzhou project and Tongqing project), and has a contract to operate the Chengdu project. Chongqing Iron & Steel Group Environmental Investment Co. Ltd., a wholly owned subsidiary of Chongqing Iron & Steel Company (Group) Ltd., holds the remaining 60% interest in Sanfeng. The solid waste supply for the projects comes from municipalities under long-term contracts. The municipalities also have the obligation to coordinate the purchase of power from the facilities as part of the long-term contracts for waste disposal. The electrical output from these projects is sold at governmentally established preferential rates under short-term arrangements with local power bureaus.
The Company owns a 13% interest in a 500 metric tons per day, 18 megawatts mass-burn energy-from-waste project at Trezzo sull��dda in the Lombardy Region of Italy. The project is operated by Ambiente 2000 S.r.l., in which the Company owns 40%. The solid waste supply for the project comes from municipalities and privately-owned waste haulers under long-term contracts. The electrical output from the Trezzo project is sold at governmentally established preferential rates under a long-term purchase contract to Italy�� state-owned electricity grid operator, Gestore della Rete di Trasmissione Nazionale S.p.A.
Independent Power Projects
The Company has a majority interest in a 24 megawatts (gross) coal-fired cogeneration facility in Taixing City, Jiangsu Province, People�� Republic of China. The project entity, in which it holds a majority interest, operates this project. T! he party ! holding a minority position in the project is an affiliate of the local municipal government. While the steam produced at this project is focused to be sold under a long-term contract to its industrial host, in practice, steam has been sold on a short-term basis to either local industries or the industrial host, in each case at varying rates and quantities. The electric power is sold at an average grid rate to a subsidiary of the provincial power bureau.
Advisors' Opinion:- [By Ian Wyatt, Publisher & Chief Investment Strategist, Wyatt Investment Research]
Both of these stocks are overlooked, undervalued, and cash flow machines. The companies are Ascent Capital Group (ASCMA) and Covanta Holdings (CVA).
- [By Marc Bastow]
Waste disposal and energy management holding company Covanta (CVA) raised its quarterly dividend 9% to 18 cents per share, payable April 2 to shareholders of record as of March 26.
CVA Dividend Yield: 4.10% - [By Dan Caplinger]
More recently, Waste Management has looked for further innovations in its business. Its landfills give it two potential energy sources, one from the gases that landfills produce, and a second from incinerating garbage to produce electricity. Rival Covanta (NYSE: CVA ) pioneered the waste-to-energy movement and is the leading company in the space, but both Waste Management and No. 2 landfill operator Republic Services (NYSE: RSG ) have pressed hard at building up their own renewable energy businesses. Moreover, Waste Management's partnership with Clean Energy Fuels (NASDAQ: CLNE ) to convert its hauling trucks to use natural gas brings the trash giant's renewable energy efforts full-circle.
- [By Seth Jayson]
Covanta Holding (NYSE: CVA ) reported earnings on July 17. Here are the numbers you need to know.
The 10-second takeaway
For the quarter ended June 30 (Q2), Covanta Holding beat expectations on revenues and beat expectations on earnings per share.
10 Best Healthcare Equipment Stocks To Own For 2015: Fidia SpA (FDA)
Fidia SpA is an Italy-based company primarily engaged in the production of numerical controls and machine tools. The Company�� activities are divided into three main business lines. In the High-speed Milling Systems, it is involved in the production and sale of milling heads kits and cutting-edge equipment. Through the Numerical Controls, Dives and Software sector, it is active in the manufacture of numerical controls for milling systems, as well as in the development and distribution of computer-aided design (CAD) and computer-aided manufacturing (CAM) software. The After-sales Service sector includes the provision of technical services, sale of spare parts and scheduled maintenance contracts. The Company operates in Germany, France, Brazil, China, Poland and India, among others. Advisors' Opinion:- [By Rahul Chattaraj]
Every year more and more people are becoming health conscious and healthcare is one such industry which I feel can never be in slump. It�� is just brilliant of Apple to embed a hardware in a smartphone which will be able to cash on this opportunity. The iPhone 5S already has the hardware components to support the Healthbook app and once the iOS 8 is released for the next iPhone model and upgrades are available for the iPhone 5S, Apple will be poised to see huge surge in the demand for its devices. Certain incidents such as the top Apple executives meeting the US Food and Drug Administration (FDA), and former Mashimo Corp. Chief Medical Officer Michael O'Reilly joining Apple are clearly hinting that the company�� mobile health dreams will very soon turn into reality.
- [By Patricio Kehoe]
Despite recent anti-tobacco laws passed by the European Union and the Food and Drug Administration (FDA) in the U.S, the company�� pricing power has helped maintain its margins. In 2012, for example, Phillip Morris hiked prices on its products in Russia, Germany, Belgium, Canada, France, Greece and Spain, among others. Although the necessary measure caused substantial volume declines in these countries, consumers rapidly became accustomed to the increased prices, and returned to their habitual product consumption. Given the success of this strategy, the firm is likely to rely on it in Japan for 2014, where taxes are expected to increase yet again by 8%, after the 40% spike in October 2010.
10 Best Healthcare Equipment Stocks To Own For 2015: Solarwinds Inc.(SWI)
SolarWinds, Inc. designs, develops, markets, sells, and supports enterprise information technology (IT) infrastructure management software for IT professionals in various organizations in the United States and internationally. The company offers enterprise-class IT management products, including Network Performance Monitor, a server-based fault and performance management platform to minimize network downtime; Network Performance Monitor modules, a series of add-ons; network configuration manager to automate the processes of network device discovery, network inventory management, and network change management; user device tracker, a server-based switch port management tool; scalability engines to increase the scale of a number of the products; and enterprise operations console to provide web-based views of various instances of Network Performance Monitor modules and Application Performance Monitor. Its enterprise-class network and IT management products also comprise Applic ation Performance Monitor, a server-based availability and performance management system for applications and server infrastructure; patch manager to automate the process of deploying, managing, and reporting on patches and configuration settings; and synthetic end user monitor to capture the user steps of any web application and monitor the end-user experience; storage manager that combines reporting, monitoring, and notification on the performance of storage resources; backup profiler to provide a consolidated view of the status of backup operations; virtualization manager to manage various aspects of virtual server infrastructure; and log and event manager to automate the collection and interpretation of logs. In addition, the company provides free tools, such as desktop, laptop, server-based, or internet-based applications; and tools and toolsets for specific solutions of routine and complicated tasks. The company was founded in 1999 and is headquartered in Austin, Texas .
Advisors' Opinion:- [By Travis Hoium]
What: Shares of SolarWinds (NYSE: SWI ) dropped 14% today as investors reacted to the company's acquisition plans.
So what: Yesterday, the company announced it will buy N-able, a cloud-based IT infrastructure company, for $120 million. This is expected to reduce 2013 earnings and there's no guarantee the acquisition will pay off, so investors sold off shares today. �
- [By Hilary Kramer]
Next Page
Tech Stocks That’ll Survive: SolarWinds (SWI)SolarWinds (SWI), contrary to what you might think from its name, is not a solar company. It is a software company with a presence in both virtualization and security, and offers solid profit potential thanks to dedicated customers and a growth rate that is already outpacing the overall industry.
10 Best Healthcare Equipment Stocks To Own For 2015: Arc Wireless Solutions Inc.(ARCW)
ARC Wireless Solutions, Inc., together with its subsidiaries, provides wireless network components and solutions in the United States. It is involved in the design, development, manufacture, marketing, and sale of antennas and related wireless communication systems, including cellular base stations, mobiles, cellulars, and flat panel antennas. The company?s products also include global positioning systems; and conformal, portable, and other antennas, as well as antenna accessories. ARC Wireless Solutions, Inc. markets its commercial line of antennas directly to distributors, installers, and retailers of antenna accessories, as well as to commercial, government, and retail markets. It offers its products under the Freedom Antenna Exsite, Omnibase, Parity, Arc Vlpa, Airbase, and And Freedom Blade brand names. The company was formerly known as Antennas America, Inc. and changed its name to ARC Wireless Solutions, Inc. in October 2000. ARC Wireless Solutions, Inc. was founded in 1987 and is based in Denver, Colorado.
Advisors' Opinion:- [By Jake L'Ecuyer]
Meanwhile, top decliners in the sector included ARC Group Worldwide (NASDAQ: ARCW), down 6.8 percent, and 8x8 (NASDAQ: EGHT), off 5.7 percent.
Top Headline
Apple (NASDAQ: AAPL) is in talks to acquire headphone maker Beats Electronics, according to a Financial Times report from Thursday afternoon. The deal is rumored to be around $3.2 billion, which would make it Apple's largest acquisition to date.
10 Best Healthcare Equipment Stocks To Own For 2015: Harris & Harris Group Inc.(TINY)
Harris & Harris Group, Inc. is a venture capital and venture debt firm specializing in seed, start up, early stage, and mid venture investments. It primarily invests in tiny-technology-enabled companies with a focus on nanotechnology, microsystems, and microelectromechanical systems technology. Harris & Harris Group, Inc. was founded in 1981 and is based in New York, New York with additional offices in Palo Alto, California and Los Angeles, California.
Advisors' Opinion:- [By Sally Jones]
Highlight: Harris & Harris Group Inc. (TINY)
The TINY share price is currently $3.07 or 22.1% off the 52-week high of $3.94. The company does not pay a dividend.
10 Best Healthcare Equipment Stocks To Own For 2015: Swift Transportation Company(SWFT)
Swift Transportation Company, through its subsidiary, Swift Transportation Co., LLC, operates as a multi-faceted transportation services company and truckload carrier in North America. The company offers its truckload services through dry van, temperature-controlled, flatbed, and specialized trailers; and rail intermodal services. It also provides freight brokerage and logistics management services to other trucking companies, as well as leases tractors and offers repair services. As of December 31, 2011, the company operated a tractor fleet of approximately 15,900 units, including 11,900 tractors driven by company drivers and 4,000 owner-operator tractors; 50,600 trailers; and 6,200 intermodal containers in the United States and Mexico. It serves various industries, such as retail, discount retail, consumer products, food and beverage, manufacturing, and transportation and logistics industries. The company, formerly known Swift Holdings Corp., and was founded in 1966 and is headquartered in Phoenix, Arizona.
Advisors' Opinion:- [By Ben Levisohn]
Shares of Heartland Express have gained 50% this year, trumping the 38% rise in Con-Way (CNW) and the 29% advance in J.B. Hunt Transport Services (JBHT) but lagging Old Dominion Freight Lines (ODFL) and Swift Transportation (SWFT).
- [By Sean Williams]
Swift Transportation (NYSE: SWFT ) , for example, delivered a 4% increase in revenue this past quarter in spite of having fewer trucks in service. The company was able to realize better utilization of its existing fleet and actually saw fuel prices fall from the previous year. The results were even more robust for Knight Transportation (NYSE: KNX ) , whose shareholders saw revenue rise by 7% as the company grew from the year-ago quarter for the 14th straight time and delivered growth from each of its business segments.
- [By Sean Williams]
For this week's round of "Better Know a Stock," I'm going to take a closer look at Swift Transportation (NYSE: SWFT ) .
What Swift Transportation does
Swift is a transportation services trucking and intermodal company in North America. The company primarily transports discounted consumer goods, perishable and non-perishable foods, and manufactured goods. As of the end of 2012 Swift operated 15,300 tractors, 52,800 trailers, and had 8,700 intermodal containers. - [By Seth Jayson]
Swift Transportation (NYSE: SWFT ) reported earnings on July 24. Here are the numbers you need to know.
The 10-second takeaway
For the quarter ended June 30 (Q2), Swift Transportation met expectations on revenues and beat expectations on earnings per share.
10 Best Healthcare Equipment Stocks To Own For 2015: Telular Corporation(WRLS)
Telular Corporation designs, develops, and distributes products and services that utilize wireless networks to provide data and voice connectivity among people and machines primarily in the United States and internationally. It provides machine-to-machine and event monitoring services, including Telguard that comprises a specialized terminal unit, which interfaces with commercial security control panels and communicates with event processing servers to provide real-time transport of alarm signals from residential and commercial locations to an alarm company?s central monitoring station; and TankLink solution that combines a cellular communicator, wireless data services, and a Web-based application into a single offering, which allows end-users to monitor the product level in a given tank vessel. The company also offers fixed cellular terminals for voice, fax, and Internet access over the wireless networks. It sells its products to security equipment distributors, cellular carriers, and value added resellers. The company was founded in 1986 and is headquartered in Chicago, Illinois.
Advisors' Opinion:- [By Eric Volkman]
Telular (NASDAQ: WRLS ) will most likely soon be an asset belonging to another company. It has entered into an agreement to be bought by private equity firm Avista Capital Partners for total consideration of $253 million. This consists of $12.61 per share in cash and roughly $18.5 million in assumed debt.
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