Shares of General Motors (GM) were halted this afternoon as the auto giant announced six new recalls totaling 7.6 million cars in the U.S.
Getty ImagesAccording to the General Motors press release, the recalls were a result of “inadvertent ignition key rotation” and caused seven crashes, eight injuries and three deaths that GM is aware of.
General Motors expects to take a charge of up to $1.2 billion in the second quarter, which includes $700 million in previously announced recalls during the quarter.
Shares of General Motors have resumed trading and are down 1.2% at $36.18 at 2:56 p.m. They had been up 0.6% at $36.84 at the time of the halt. General Motors’ shares were indicated at $35.50-$37.50 at 2:51.
Strangely, Ford Motor (F) has drifted lower following the General Motors announcement. Ford is off 0.1% at $17.27, after trading up 0.4%.
10 Best Healthcare Equipment Stocks To Own For 2015: Monsanto Co (MON)
Monsanto Company (Monsanto), incorporated on February 9, 2000, along with its subsidiaries, is a provider of agricultural products for farmers. The Company's seeds, biotechnology trait products, and herbicides provide farmers with solutions that improve productivity, reduce the costs of farming, and produce better foods for consumers and better feed for animals. It manages business in two segments: Seeds and Genomics, and Agricultural Productivity. In April 2010, the Company completed the acquisition of a corn and soybean processing plant located in Paine, Chile from Anasac, a company that provides seed processing services. In October 2009, the Company completed the acquisition of Seminium, S.A. (Seminium), a corn seed company. In February 2011, the Company acquired Divergence, Inc. In September 2011, the Company acquired Beeologics. In June 2012, the Company purchased a planting technology developer, Precision Planting, Inc. In January 2013, it purchased select assets of Agradis, Inc. In June 2013, Monsanto Company acquired GrassRoots Biotechnology Inc. In November 2013, the Company announced that it has completed the acquisition of The Climate Corporation.
Seeds and Genomics Segment
Through the Company's Seeds and Genomics segment, it produces seed brands, including DEKALB, Asgrow, Deltapine, Seminis and De Ruiter, and it develops biotechnology traits that assist farmers in controlling insects and weeds. It also provides other seed companies with genetic material and biotechnology traits for their seed brands. It has a global distribution and sales and marketing organization for its seeds and traits. It sells products under Monsanto brands and license technology and genetic material to others for sale under their own brands. Through distributors, independent retailers and dealers, agricultural cooperatives, plant raisers, and agents, it markets DEKALB, Asgrow and Deltapine branded germplasm to farmers globally. In the United States, it markets regional seed brands under it! s American Seeds, LLC and Channel Bio, LLC businesses to farmers directly, as well as through dealers, agricultural cooperatives and agents. It markets and sells trait technologies with branded germplasm, pursuant to license agreements with its farmer customers. In Brazil and Paraguay, its has implemented a point-of-delivery, grain-based payment system. It contracts with grain handlers to collect applicable trait fees when farmers deliver their grain. In addition to selling its products under its own brands, the Company licenses a range of germplasm and trait technologies to large and small seed companies in the United States and certain international markets. Those seed companies in turn market its trait technologies in their branded germplasm; they may also market its germplasm under its own brand name. Its vegetable seeds are marketed in more than 100 countries through distributors, independent retailers and dealers, agricultural cooperatives, plant raisers and agents, as well as directly to farmers.
The Company�� row crop seeds brands include DEKALB, Channel Bio, Asgrow and Deltapine. Its DEKALB and Channel Bio are corn hybrids and foundation seed. Its Asgrow are soybean varieties and foundation seed. Its Deltapine are cotton varieties, hybrids and foundation seed. Canola is its row crop variety and hybrid. Its vegetable seed brands are Seminis and De Ruiter. These are open field and protected-culture seed for tomato, pepper, eggplant, melon, cucumber, pumpkin, squash, beans, broccoli, onions, and lettuce, among others. Its Biotechnology traits include SmartStax, YieldGard, YieldGard VT Triple, VT Triple PRO, VT Double PRO, Roundup Ready and Roundup Ready 2 Yield and Genuity. Its SmartStax, YieldGard, YieldGard VT Triple, VT Triple PRO and VT Double PRO have applications for corn, and Bollgard and Bollgard II have application for cotton. It enables crops to protect themselves from borers and rootworm in corn and leaf- and boll-feeding worms in cotton, reducing the need for application! s of inse! cticides. Its Roundup Ready and Roundup Ready 2 Yield have application for soybeans. The Company�� Genuity is a global umbrella trait brand. It enables crops, such as corn, soybeans, cotton, and canola to be tolerant of Roundup and other glyphosate-based herbicides. Monsanto also offers farmers stacked-trait products, which are single-seed products in which two or more traits are combined.
Agricultural Productivity Segment
Through the Company's Agricultural Productivity segment, it manufactures Roundup brand herbicides and other herbicides and provide lawn-and-garden herbicide products for the residential market. Its products include Glyphosate-based herbicides, Selective herbicides and Lawn-and-garden herbicides. Its Glyphosate-based herbicides have applications in nonselective agricultural, industrial, ornamental and turf applications for weed control. Its Selective herbicides control preemergent annual grass and small seeded broadleaf weeds in corn and other crops. Its residential lawn-and-garden has applications for weed control. It uses the same distribution and sales and marketing organization for its crop protection products as for its seeds and traits. It also has separate distribution and sales and marketing organizations for its crop protection products. It sells crop protection products through distributors, independent retailers and dealers and agricultural cooperatives. In some cases outside the United States, it sells such products directly to farmers. It also sells certain of the chemical intermediates of its crop protection products to other agricultural chemical producers, who then market their own branded products to farmers. The Company markets its lawn-and-garden herbicide products through The Scotts Miracle-Gro Company.
Advisors' Opinion:- [By Rich Bieglmeier]
[Related -Should Monsanto Company's (MON) Stock Belong In Your Portfolio?]
Sales, like earnings, are expected to rise 6.2% year-over-year. Monsanto's consensus revenue estimate for Q2 is $5.81 billion, up from last year's $5.47 billion.
- [By Maxx Chatsko]
What does Ceres do?
Ceres mines and manipulates the genomes of energy crops such as sweet sorghum and switchgrass to increase drought tolerance, biomass yield, and salt tolerability. Essentially, it has a similar business model as Syngenta and Monsanto (NYSE: MON ) , just for energy crops. Syngenta has actually licensed Ceres' bioinformatics software since 2008 to develop its own crops. In return, Syngenta has upgraded the capability of the computer program. Meanwhile, Monsanto and Ceres tangled up in 2002 to identify and develop engineered row crops such as corn and soybeans. Those payments now are a distant memory. - [By Chad Fraser]
These factors are driving both growth and price inflation in the sector, and there are a number of ways for investors to take advantage. For example, you could buy shares of genetically modified seed makers like Monsanto (NYSE: MON) or equipment manufacturers like Deere & Co. (NYSE: DE).
- [By Matt DiLallo]
Monsanto� (NYSE: MON )
The leading seed technology provider also reported strong quarterly earnings which were driven by the strength of its seed genomics segment. The company expects record corn volumes in 2013, which will be driven in part due to its success in Brazil and in the U.S. This enabled the company to raise its full-year guidance as it benefits from farmers seeking its yield-enhancing products.�
Top Electric Utility Stocks To Watch For 2014: Mobile Mini Inc.(MINI)
Mobile Mini, Inc. provides portable storage solutions in North America, the United Kingdom, and the Netherlands. It offers a range of portable storage products in varying lengths and widths with various features, such as its patented locking systems, premium doors, and electrical wiring and shelving. The company?s products include remanufactured and modified steel storage containers, steel security office/storage combination and security office units, wood mobile office units, and steel records storage containers, as well as non-core storage units consisting of van trailers and other manufactured storage products. Mobile Mini also provides its products on lease basis to its customers. Its customers use its products for a range of storage applications, including retail and manufacturing supplies, inventory and maintenance supplies, temporary offices, construction materials and equipment, documents and records, and household goods. The company serves large and small retaile rs, construction companies, medical centers, schools, utilities, manufacturers and distributors, the United States and the United Kingdom military, government agencies, hotels, restaurants, entertainment complexes, and households. As of December 31, 2011, it operated a lease fleet of approximately 237,600 portable storage units through 109 branches in the United States, 4 branches in Canada, 19 branches in the United Kingdom, and 1 branch in the Netherlands. The company was founded in 1983 and is headquartered in Tempe, Arizona.
Advisors' Opinion:- [By Brian Pacampara]
What: Shares of portable storage specialist Mobile Mini (NASDAQ: MINI ) climbed 10% today after its quarterly results topped Wall Street expectations.
Top Electric Utility Stocks To Watch For 2014: Southern Cross Exploration NL (SXX)
Southern Cross Exploration NL is an Australia-based company engaged in the investment in the Bigrlyi Uranium Joint Venture, on which pre-development investigations and further drilling were carried out; exploration for gold and minerals, reviews of opportunities for participation in and/or acquisition of mineral exploration and mining ventures, and examination of projects in respect of different commodities, share investments, loans and other securities. The Bigrlyi project is located in the Ngalia Basin, northwest of Alice Springs, in the Northern Territory. The Company's interest in the Bigrlyi Uranium Joint Venture is one of its assets, in joint venture with two multi-billion dollar companies, CGNPC - via the Operator, Energy Metals Ltd (EME) - and Paladin Energy Ltd (PDN). Advisors' Opinion:- [By idahansen]
Due to the impact of The Great Recession, stocks in the agricultural sector such as Caterpillar (NYSE: CAT), The Mosiac Company (NYSE: MOS), and Potash of Saskatchewan (NYSE: POT) are trading well below highs. The exchange traded fund for the industry, DBA Power Shares, (NYSE: DBA), is down more than 17% for the last year. Despite this bearish trend, legendary investors such as Warren Buffett, George Soros, and Jim Rogers are very positive for the agriculture group. With the long term bullish outlook for the sector from the greatest investors in history, small cap stocks active in the fertilizer sector such as Sirius Minerals (LSE: SXX) and Americas Petrogas (TSX: BOE) are especially attractive.
Top Electric Utility Stocks To Watch For 2014: Dean Foods Company(DF)
Dean Foods Company, together with its subsidiaries, operates as a food and beverage company in the United States. It operates in two segments, Fresh Dairy Direct-Morningstar and WhiteWave-Alpro. The Fresh Dairy Direct-Morningstar segment manufactures, markets, and distributes various branded and private label dairy case products, including cream, ice cream mix, and ice cream novelties; creamers and other extended shelf life fluids; yogurt, cottage cheeses, sour creams, and dairy-based dips; fruit juices, fruit-flavored drinks, iced teas, and water; half-and-half and whipping creams; and items for resale, such as butter, cheese, eggs, and milk shakes. This segment sells its dairy case products to retailers, distributors, foodservice outlets, educational institutions, and governmental entities. The WhiteWave-Alpro segment manufactures, develops, markets, and sells various branded dairy and dairy-related products, such as milk and other dairy products; organic dairy products; plant-based beverages, such as soy, almond, and coconut milks; and soy food products, coffee creamers, and creamers and fluid dairy products. It also provides branded soy-based beverages and food products in Europe under the Alpro and Provamel brands. This segment sells its products to various customers, including grocery stores, club stores, natural foods stores, mass merchandisers, convenience stores, drug stores, and foodservice outlets. The company was formerly known as Suiza Foods Corporation and changed its name to Dean Foods Company on December 21, 2001 as a result of merger between the former Dean Foods Company and Suiza Foods Corporation. Dean Foods Company was founded in 1995 and is headquartered in Dallas, Texas.
Advisors' Opinion:- [By Pendulum]
Best In Class Food Companies:
Coca-Cola (KO)Pepsico (PEP)Mondelez (MDLZ)Kraft Foods (KRFT)General Mills (GIS)Kellogg (K)ConAgra Foods (CAG)Hershey (HSY)J.M. Smucker (SJM)McCormick (MKC)Dean Foods (DF)A few comments about this analysis:
- [By Rich Duprey]
And it's pitting dairy producers against soda makers. The industry's biggest dairy company, Dean Foods (NYSE: DF ) , says that even though�about half the sugar in flavored milk is from naturally occurring lactose,�all�the sugar in soda is added sugar.
- [By Ben Levisohn]
Get ready for rotten food stocks today. Dean Foods (DF) has fallen 11% to $13.50 after it met earnings expectations but said the first quarter of 2014 would be “difficult.” Annie’s (BNNY), meanwhile, has dropped 8.7% to $38.19 after it missed earnings forecasts and offered a disappointing 2014 outlook. ConAgra Foods (CAG) has declined 5.5% to $29.35, after it too cut its full year guidance.
- [By John Maxfield]
Meanwhile, the worst-performing stock on the index was Dean Foods (NYSE: DF ) , which lost more than half of its value. This otherwise disturbing performance followed the company's spinoff of its organic-foods division, WhiteWave Foods (NYSE: WWAV ) . As fellow Fool Rich Duprey covered here, each Dean Foods shareholder received 0.25544448 shares of WhiteWave class A stock and 0.36380189 shares of its class B stock for every share of Dean Foods.
Top Electric Utility Stocks To Watch For 2014: Volkswagen AG (VLKAY)
Volkswagen AG is a Germany-based automobile manufacturer. The Company develops vehicles and components, and also produces and sells vehicles, in particular Volkswagen brand passenger cars and commercial vehicles. The Company consists of two divisions: Automotive and Financial Services division. The Automotive division is responsible for the development of vehicles and engines, the production and sale of passenger cars, commercial vehicles, trucks and buses, and the genuine parts business. The Financial services division's portfolio of services includes dealer and customer services in the field of financing, leasing, directbank, insurance and fleet business. The Company's brands include Volkswagen, Audi, Bentley, Bugatti, Lamborghini, SEAT, Skoda, Scania and Volkswagen Commercial Vehicles and each brand offers a product range from low-consumption small cars to luxury class vehicles, as well as pick ups, busses and heavy trucks in the commercial vehicle sector.
During 2009, the Company introduced two additions to the Audi5 model series: Audi A5 Cabriolet and the Audi A5 Sportback. In addition, Audi A4 allroad Quattro, Audi TT RS, Audi RS Spyder and the Audi 8 were introduced. During 2009, Audi brand delivered 950 thousand vehicles to customers worldwide. The SEAT launched the Exeo in the B segment. This sporty midsized saloon marks the arrival of the Spanish brands. Bentley introduced the Bentley Mulsanne. This saloon includes proportioned interiors. It also introduced GTC Speed and the Bentley Continental Supersports.
The Company has various delivery centers, including Western Europe, China, Brazil, United States and Mexico. During 2009, deliveries of vehicles were 6336222 worldwide.
Advisors' Opinion:- [By John Rosevear]
Volkswagen (NASDAQOTH: VLKAY ) does that sort of thing regularly -- using the "bones" of an existing model to build a new car that looks different but is really just a subtle variation for a regional market. It's a low-cost way to create a model to cater to a local market's tastes, while ensuring high quality.
Top Electric Utility Stocks To Watch For 2014: Terex Corporation(TEX)
Terex Corporation manufactures capital goods machinery products worldwide. Its Aerial Work Platforms segment offers portable material lifts, portable aerial work platforms, trailer-mounted articulating booms and light towers, self-propelled articulating and telescopic booms, scissor lifts, telehandlers, and bridge inspection and utility equipment under the Terex and Genie brands. The company?s Construction segment provides off-highway trucks and material handlers; loader backhoes, compaction equipment, mini and midi excavators, site dumpers, compact track loaders, skid steer loaders, wheel loaders, and tunneling equipment; and asphalt and concrete equipment, and landfill compactors principally under the Terex name. Its Cranes segment offers mobile telescopic and tower cranes, lattice boom crawler and truck cranes, and truck-mounted cranes; and straddle and sprinter carriers, gantry cranes, ship-to-shore cranes, reach stackers, empty and full container handlers, and genera l cargo lift trucks under the Terex brand. The company?s Material Handling and Port Solutions segment provides standard and process cranes, rope and chain hoists, electric motors, and light crane systems; and crane components and port equipment, such as mobile harbor and automated stacking cranes, and automated guided vehicles, as well as terminal automation technology, including software under the Demag and Gottwald names. Its Materials Processing segment offers crushers, washing systems, screens, apron feeders, chippers, and related components and replacement parts under the Terex and Powerscreen brands. The company provides financing solutions to assist customers in the rental, leasing, and acquisition of its products. It serves construction, infrastructure, quarrying, mining, manufacturing, shipping, transportation, refining, energy, and utility industries through dealers, rental companies, direct sales, and major accounts. The company was founded in 1925 and is based i n Westport, Connecticut.
Advisors' Opinion:- [By Rich Smith]
That happy company was Terex (NYSE: TEX ) , which was awarded $327.5 million in a fixed-price with an economic-price-adjustment contract for the sale and purchase of "commercial type cranes." The company will perform this contract over the course of five years, through May 30, 2018, delivering cranes to Army, Navy, Air Force, Marine Corps, and federal civilian agency sites in Virginia, Iowa, and South Dakota, and also abroad in Italy, France, and Germany.
Top Electric Utility Stocks To Watch For 2014: Bouygues SA (EN)
Bouygues SA is a France-based group that operates in two sectors: Telecommunications and Media, and Construction. The Construction division comprises three core subsidiaries: Bouygues Construction, specializing in building and public works activities, notably in the areas of electrical engineering, and facility maintenance; Bouygues Immobilier, a property development company, whose activities include the development of residential, corporate and commercial properties, and the execution of urban development schemes, and Colas, engaged in the construction and maintenance of transport, urban development and leisure infrastructure. The Telecommunications and Media division of the Group comprises two companies: TF1, specializing in audiovisual and cinema production, the acquisition and sale of audiovisual rights, and the publishing and distribution of compact discs, among others, and Bouygues Telecom, which offers mobile telephone and broadband Internet services. Advisors' Opinion:- [By Sofia Horta e Costa]
Bouygues SA (EN), the French building, telecommunications and television company, surged 7.2 percent to 26.96 euros, the highest close since November 2011. Credit Suisse Group AG upgraded the shares to neutral, similar to a hold recommendation, from underperform.
- [By Corinne Gretler]
Bouygues (EN) rallied 10 percent to 25.33 euros, the biggest gain since February. The French building, telecommunications and television company�� operating profit increased to 432 million euros from 394 million euros a year earlier. Analysts had forecast 358 million euros, according to the average of three estimates.
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