Attorneys for the travel center chain are trying to consolidate the remaining cases in federal court and would prefer to do so in Knoxville, Tenn. Court records and interviews with lawyers involved in the cases show that the 16 pending suits are scattered from Alabama to New Jersey.
STORY: Federal judge OKs $85M Pilot settlement
STORY: Pilot reaches settlement with 8 trucking firms
A total of 31 lawsuits were filed against Pilot after a highly publicized April 15, 2013, raid on the Knoxville firm's headquarters. The FBI, in a federal court filing soon after that, accused Pilot sales executives of systematically reducing rebates to truckers for years. They described a scenario in which Pilot executives believed the truckers would never realize they were being shortchanged.
5 Best Income Stocks To Buy Right Now: Thoratec Corporation(THOR)
Thoratec Corporation engages in the development, manufacture, and marketing of proprietary medical devices used for circulatory support. The company?s primary product lines include ventricular assist devices, such as HeartMate II, an implantable left ventricular assist device consisting of a rotary blood pump to provide intermediate and long-term mechanical circulatory support (MCS); and HeartMate XVE, an implantable and pulsatile left ventricular assist device for intermediate and longer-term MCS. Its ventricular assist devices also comprise Paracorporeal Ventricular Assist Device, an external pulsatile ventricular assist device, which provides left, right, and biventricular MCS approved for bridge-to-transplantation (BTT), including home discharge, and post-cardiotomy myocardial recovery; and Implantable Ventricular Assist Device, an implantable and pulsatile ventricular assist device designed to provide left, right, and biventricular MCS approved for BTT comprising hom e discharge, and post-cardiotomy myocardial recovery. The company also provides CentriMag, an extracorporeal full-flow acute surgical support platform that offers support up to 30 days for cardiac and respiratory failure. In addition, it offers PediMag and PediVAS extracorporeal full-flow acute surgical support platforms designed to provide acute surgical support to pediatric patients. The company sells its products through direct sales force in the United States, as well as through a network of distributors internationally. Thoratec Corporation was founded in 1976 and is headquartered in Pleasanton, California.
Advisors' Opinion:- [By Ali Berri]
In trading on Thursday, healthcare shares were relative laggards, down on the day by about 0.62 percent. Meanwhile, top decliners in the sector included Thoratec (NASDAQ: THOR), down 28.4 percent, and PhotoMedex (NASDAQ: PHMD), off 14.6 percent.
Best Trucking Companies To Buy Right Now: Indonesia Transport & Infrastructure Tbk PT (IATA)
PT Indonesia Transport & Infrastructure Tbk, formerly PT Indonesia Air Transport Tbk, is an Indonesia-based air transport service provider. The Company provides air transportation, hiring and/or leasing aircrafts, repairs and maintenance of aircrafts and trading of aviation technical equipment and related spare parts. It also provides medical evacuation services, tourism and scheduled flight services to several routes in central and eastern Indonesia. The Company operates various types of fixed wing aircrafts and helicopters, such as EC 155 B1, AS 365 Dauphin N2 twin turbine helicopter, Beechcraft 1900D, ATR 42-300, ATR 42-500 and Fokker 50. Advisors' Opinion:- [By Shereen El Gazzar]
The forecast, from the International Air Transport Association (IATA), sees the Middle East and the Asia-Pacific region with the strongest international passenger growth, with a compound average growth rate of 6.3% and 5.7% respectively.
Best Trucking Companies To Buy Right Now: France Telecom S.A.(FTE)
France Telecom provides fixed telephony and mobile telecommunications, data transmission, Internet and multimedia, and other value-added services to consumers, businesses, and telecommunications operators. It also offers personal and home communication services, business network services, international carriers and shared services, and integration and outsourcing services for communication applications. The company operates in France, Spain, Poland, the United Kingdom, and internationally. France Telecom was founded in 1990 and is based in Paris, France.
Advisors' Opinion:- [By Sofia Horta e Costa]
Barclays Plc (BARC) fell to a one-month low as Sumitomo Mitsui Banking Corp. sold a stake in the lender. Fiat SpA lost 6.5 percent as Chrysler Group LLC went in for a vehicle recall. France Telecom SA (FTE) rose after its Orange Business Services unit won a five-year deal to deploy a private network for Heineken NV. Johnson Matthey Plc (JMAT) jumped to its highest price in at least 23 years after posting full-year profit that beat estimates.
Best Trucking Companies To Buy Right Now: Qiwi PLC (QIWI)
QIWI plc., incorporated on February 26, 2007, is a provider of payment services in Russia and Commonwealth of Independent States (CIS). The Company has an integrated network that enables payment services across physical, online and mobile channels. In December 2013, the Company announced that it has completed the acquisition of Blestgroup Enterprises Limited.
The Company has deployed over 11 million virtual wallets, over 169,000 kiosks and terminals, and enabled over 40,000 merchants to accept cash and electronic payments monthly from over 65 million consumers using the Company 's network at least once a month. The Company�� consumers can use cash, stored value and other electronic payment methods to order and pay for goods and services across physical or online environments interchangeably.
Advisors' Opinion:- [By Monica Gerson]
Qiwi plc (NASDAQ: QIWI) is expected to report its Q4 earnings at $0.28 per share on revenue of $50.00 million.
Krispy Kreme Doughnuts (NYSE: KKD) is estimated to post its Q4 earnings at $0.13 per share on revenue of $119.59 million.
- [By MONEYMORNING.COM]
On the other hand, I'll bet most people had never heard of two very different examples: Qiwi PLC (Nasdaq: QIWI) or, until our recent Money Morning coverage, GW Pharmaceuticals PLC-ADR (Nasdaq: GWPH), and that's too bad... or maybe not.
- [By Steve Symington]
What:�Shares of QIWI PLC (NASDAQ: QIWI ) fell more than 16% Monday amid broader market unrest as Russia invaded Ukraine.�
So what:�The Moscow Exchange's Micex index fell nearly 11% on the day, so its unsurprising U.S.-listed Russian stocks like QIWI suffered the fallout. Shares of the Russia-based payment services provider are also still up more than 12% after a rapid rise over the past month, which at least partially explains the severity of today's drop.
- [By David Zeiler]
10. QIWI PLC (Nasdaq: QIWI): QIWI provides payment services to 65 million monthly customers in Russia as well as nations once part of the former Soviet Union. QIWI went public May 3 at an offer price of $17 and rose only 8 cents on its first day. Yet now QIWI trades at $40.95 - 140.88% higher than its IPO price.
Best Trucking Companies To Buy Right Now: Weyco Group Inc.(WEYS)
Weyco Group, Inc. engages in the distribution of men?s foot wear primarily in the United States, Canada, Europe, Australia, Asia, and South Africa. It offers casual, dress, and fashion shoes. The company offers its products under the brand names of Florsheim, Nunn Bush, Stacy Adams, Umi, Brass Boot, and Nunn Bush NXXT. Weyco Group sells its products to shoe specialty stores, department stores, and clothing retailers. As of December 31, 2010, it owned 35 retail stores in the United States and an Internet business. The company was formerly known as Weyenberg Shoe Manufacturing Company and changed its name to Weyco Group, Inc. in April 1990. Weyco Group, Inc. was founded in 1896 and is based in Milwaukee, Wisconsin.
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 Weyco Group (Nasdaq: WEYS ) , whose recent revenue and earnings are plotted below.
Best Trucking Companies To Buy Right Now: Alexion Pharmaceuticals Inc.(ALXN)
Alexion Pharmaceuticals, Inc., a biopharmaceutical company, engages in the discovery, development, and commercialization of biologic therapeutic products for treating patients with severe and life-threatening disease states in the United States, Europe, Latin America, Japan, and the Asia Pacific. It focuses on developing products for the treatment of diseases in the areas of hematology, nephrology, neurology, ophthalmology, and cancer. The company develops and commercializes Soliris (eculizumab), a therapeutic product for the treatment of patients with paroxysmal nocturnal hemoglobinuria (PNH), a blood disorder. It also conducts various Phase II clinical trail programs on Soliris for its usage for the treatment of cold agglutinin disease; atypical hemolytic uremic syndrome; presensitized renal transplant; kidney transplant for catastrophic antiphospholipid syndrome; ABO incompatible renal transplant; dense deposit disease; myasthenia gravis; neuromyelitis optica; and dry a ge-related macular degeneration. In addition, the company conducts Phase IV clinical trails on Soliris for its usage for the treatment of PNH registry; and Phase I clinical trails on Samalizumab for the treatment of oncology diseases, such as chronic lymphocytic leukemia and multiple myeloma. Alexion Pharmaceuticals, Inc. serves specialty distributors and specialty pharmacies, which supply physician office clinics, hospital outpatient clinics, infusion clinics, or home health care providers; government agencies; and hospitals, hospital buying groups, pharmacies, other healthcare providers, and distributors. The company was founded in 1992 and is headquartered in Cheshire, Connecticut.
Advisors' Opinion:- [By Ben Levisohn]
Somaiya points to Gilead Sciences, Alexion Pharmaceuticals (ALXN), Celgene and Incyte (INCY) as the biotech companies most likely to beat earnings:
- [By Dan Carroll]
Alexion Pharmaceuticals (NASDAQ: ALXN ) posted a much better week for investors, as the orphan disease-treating company's shares jumped 18.5% over the past five days. In the biotech world, buyout rumors are hype-worthy events -- and Alexion's right in the center of one, as Big Pharma's Roche (NASDAQOTH: RHHBY ) is reportedly looking into adding the company to its ranks, according to sources listed by Reuters.
- [By Sean Williams]
Finally, on Friday, shares of Alexion Pharmaceuticals (NASDAQ: ALXN ) shot higher on a report from Bloomberg that Roche was gathering funding for an attempted bid for Alexion. This isn't the first time Alexion has been a rumored buyout candidate, and it may not be the last. The company's only FDA approved drug is Soliris, the most expensive drug in the world, which is a therapy designed to treat rare diseases with little to no competition. Although orphan diseases do offer the allure of high drug prices and little competition, I'd rather keep my distance from Alexion here considering that it's valued at $22.3 billion and is valued at more than six times the peak sales estimate of $3.5 billion from Morningstar.
Best Trucking Companies To Buy Right Now: Hormel Foods Corporation (HRL)
Hormel Foods Corporation processes, markets, and sells consumer-branded meat and food products. The company operates in five segments: Grocery Products, Refrigerated Foods, Jennie-O Turkey Store, Specialty Foods, and International & Other. The Grocery Products segment offers shelf-stable food products, including canned luncheon meats, shelf-stable microwaveable meals, stews, chilies, hash, meat spreads, flour and corn tortillas, salsas, and tortilla chips in the retail market. The Refrigerated Foods segment provides branded and unbranded pork and beef products for retail, foodservice, and fresh product customers. The Jennie-O Turkey Store segment offers branded and unbranded turkey products for retail, foodservice, and fresh product customers. The Specialty Foods segment is involved in the packaging and sale of various sugar and sugar substitute products, salt and pepper products, liquid portion products, dessert mixes, ready-to-drink products, sports nutrition products, g elatin products, and private label canned meats to retail and foodservice customers. This segment also processes, markets, and sells nutritional food products and supplements to hospitals, nursing homes, and other marketers of nutritional products. The International and Other segment manufactures, markets, and sells its products internationally. Hormel Foods Corporation sells its products through sales personnel, as well as through independent brokers and distributors primarily in the United States, Australia, Canada, China, England, Japan, Mexico, Micronesia, the Philippines, and South Korea. The company was formerly known as George A. Hormel & Company and changed its name to Hormel Foods Corporation in January 1995. Hormel Foods Corporation was founded in 1891 and is based in Austin, Minnesota.
Advisors' Opinion:- [By Sure Dividend]
No matter how much information we have, people will always need to eat. One way to look at if an industry has managed to grow over decades is to see how many Dividend Aristocrats the industry claims. Dividend Aristocrats are businesses that have increased their dividend payments for 25 or more consecutive years, and meet certain size and liquidity requirements. These are businesses that have withstood all of the changes of the last 25 or more years, and managed to grow consistently and profitably. There are 54 Dividend Aristocrats. The list below shows the Dividend Aristocrats whose primary business relates to food and/or beverages:
McDonald�� (MCD) Coca-Cola (KO) PepsiCo (PEP) McCormick & Co. (MKC) Archer-Daniels-Midland (ADM) Hormel Foods (HRL) Brown-Forman (BF.B) Sysco (SYY)Of the 54 Dividend Aristocrats, eight (~15%) make their money from food and/or beverages. Interestingly, six of the seven (ADM and SYY are the exception) make their money from branded consumer food and beverages. If you are looking for slow-changing businesses that grow year after year, branded food companies are a good place to search.
- [By Monica Gerson]
Analysts are expecting Hormel Foods (NYSE: HRL) to have earned $0.56 per share on revenue of $2.24 billion in the second quarter. Hormel shares surged 0.25% to $48.65 in after-hours trading.
- [By Dan Caplinger]
One reason why Shuanghui might have noticed Smithfield came from the pork producer's March quarterly report, when the company topped estimates due largely to the strength of its packaged-meat business. That report had some major shareholders calling for Smithfield to break up its business into multiple parts, separating its more lucrative packaged-meat business from hog production and its international operations. Hormel (NYSE: HRL ) , which focuses primarily on the packaged side of the business, boasted a higher earnings multiple than Smithfield, spurring calls for Smithfield to unlock potential value.
- [By The Part-time Investor]
In January of 2010, again, due to stock sales (and buyouts) a further four new stocks were bought.
Aflac (AFL)Colgate Palmolive (CL)Hormel (HRL)Wal-Mart (WMT)The following table shows all the stocks that were bought during the study period, the number of shares bought, the final number of shares held (due to reinvestment), and the final value either on 5/16/13 or when the stock was sold. Special situations are marked by asterisks and explained below.
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