Herbalife is down big today after the controversial supplement maker late Monday reported less-than-stellar second-quarter results.
Shares of the supplement maker Herbalife (HLF) are down 11.5%.
That must please William Ackman, whose hedge fund Pershing Square Capital targeted the company in a short position a year and a half ago. Pershing Square has taken a short position in Herbalife and, in recent presentations, has challenged the company�� business model and transparency, going so far as to accuse it of being an�Enron-level fraud.
But�Sam Zell, chairman of�Equity Group Investments�and renowned real estate investor based in Chicago, recently joined the list of folks taking activist Ackman to task on his Herbalife pronouncements.
�� think what Ackman is doing right now with Herbalife ��this whole thing sucks,��Zell said, �according to�Pension & Investments article last week.
Top Defense Companies To Invest In Right Now: Gyrodyne Company of America Inc.(GYRO)
Gyrodyne Company of America, Inc., a real estate investment trust (REIT), engages in the investment, acquisition, ownership, and management of a portfolio of medical office and industrial properties in the northeast region of the United States. The company also involves in the development of industrial and residential properties. It focuses on acquiring, developing, owning, leasing, and managing medical, commercial, and industrial real estate. The company has elected to be taxed as REIT under the Internal Revenue Code. As a REIT, it would not be subject to federal income tax purposes, provided that it distributes at least 90% of its taxable income to its shareholders. The company was founded in 1946 and is headquartered in St. James, New York.
Advisors' Opinion:- [By Lisa Levin]
Gyrodyne Co. of America (NASDAQ: GYRO) shares dipped 8.66% to reach a new 52-week low of $10.86. Gyrodyne Co. of America's trailing-twelve-month ROA is -5.29%.
- [By Geoff Gannon] >Syms (SYMSQ) where at some point the company�� entire value really depended on its balance sheet.
Obviously when looking at things like real estate you don�� go by what it says on the balance sheet. You try to find a note on depreciation that breaks out land, buildings, etc. And gives information about how the company depreciates its property.
And ��of course ��you look at the ��roperties��item in the 10-K. In the U.S., you then use the information you��e gathered to check county land records and things like that for more information about the property.
Generally, you want to:
路 Find out when the company bought the property
Top 5 Heal Care Companies To Watch For 2014: Papa John's International Inc.(PZZA)
Papa John?s International, Inc. operates and franchises pizza delivery and carryout restaurants under the Papa John?s trademark worldwide. The company also operates dine-in and restaurant-based delivery restaurants in certain international markets. As of December 25, 2011, the company operated 3,883 Papa John?s restaurants consisting of 628 company-owned and 3,255 franchised restaurants in 50 states of the United States and 32 countries. Papa John?s International, Inc. was founded in 1985 and is headquartered in Louisville, Kentucky.
Advisors' Opinion:- [By John Maxfield]
Rich Duprey's article "Will Obamacare Carve up the Restaurant Industry?" builds on these concerns. Rich cites statements from CEOs of multiple restaurant chains about the possibility that worker hours will be cut to avoid the added premiums. The head of Papa John's (NASDAQ: PZZA ) said that it's "common sense" to do so, and Darden Restaurants (NYSE: DRI ) , the parent company of Olive Garden and Red Lobster, experimented with a plan to hire more part-time workers last year before abandoning it in the face of a customer backlash.
- [By Ben Levisohn]
Shares of Domino’s Pizza have dropped 4.3% to $65.91 today, while Yum has declined 1.1% to $66.24 and Papa John’s International (PZZA) has fallen 1.1% to $71.28.
- [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 Papa John's International (Nasdaq: PZZA ) , whose recent revenue and earnings are plotted below.
Top 5 Heal Care Companies To Watch For 2014: Star Bulk Carriers Corp.(SBLK)
Star Bulk Carriers Corp. operates as a shipping company providing seaborne transportation solutions in the dry bulk sector worldwide. Its vessels transport major bulks, which include iron ore, coal, and grain; and minor bulks, such as bauxite, fertilizers, and steel products. The company has an operating fleet of 15 dry bulk carriers consisting of 7 Capesize and 8 Supramax dry bulk vessels with a combined cargo carrying capacity of 1,625,945 deadweight tons. The company was incorporated in 2006 and is based in Athens, Greece.
Advisors' Opinion:- [By Igor Greenwald]
Last month, Oaktree Capital (OAK), managed by another distressed investing icon, Howard Marks, disclosed a huge 21.9% stake in Star Bulk Carriers (SBLK).
- [By James E. Brumley]
It's certainly no Safe Bulkers, Inc. (NYSE:SB) or Star Bulk Carriers Corp. (NASDAQ:SBLK), in terms or market cap or revenue. In fact, even with the drybulk shipping industry it's a somewhat obscure name. Yet, FreeSeas Inc. (NASDAQ:FREE) may well be the stock with the most near-term potential upside, now that it's gotten over a key technical hump.
- [By James E. Brumley]
I'll warn you now that if you're a fan or shareholder of Star Bulk Carriers Corp. (NASDAQ:SBLK), then you're not going to like what you're about to read. Before you fly off into a tirade of "colorful" descriptions of me, however, know that this is neither a judgment call on the company itself, nor a long-term outlook. It's simply a trading-based observation of hints that SBLK has dropped today. Fair enough? OK, let's dig in.
Top 5 Heal Care Companies To Watch For 2014: K&S AG (KPLUY)
K&S AG is a Germany-based holding company which is active in the chemical sector. The Company divides its activities into four main business segments. The Potash and Magnesium Products segment is engaged in the crude potash and magnesium salts extraction and in processing raw materials into products for industrial, pharmaceutical, cosmetics and food industries. The Nitrogen Fertilizers business segment distributes fertilizers for almost all agricultural crops, and products for home and garden, plant care and plant protection, specialty fertilizers for public green areas, tree nurseries, horticulture and various special crops are offered. The Salt segment offers food grade salt, industrial salt and salt for chemical use, as well as de-icing salt applied to ensure road safety. The Complementary Business segments include recycling activities and the disposal and reutilization of waste salt mines, granulation of CATASAN, logistics, and trading in different basic chemicals. Advisors' Opinion:- [By Rich Duprey]
Yet, Europe's leading potash player K+S (NASDAQOTH: KPLUY ) just said that, because of the upheaval that's occurred in the market, it was slashing its dividend by 82% for 2013,�reducing the payout ratio to just 11% of adjusted after tax�earnings, a far cry from the miner's usual�ratio of between 40% and 50%. Could this signal a new era of austerity that will ultimately see Potash,�Agrium (NYSE: AGU ) , and Mosaic (NYSE: MOS ) �end up whacking their payouts, as well?
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