India�� not the next next China in terms of massive infrastructure build out and rising incomes, but it is getting close. For starters, the ��asping elephant��days are coming to an end, as one HSBC analyst referred to the Indian economy in 2012. The country is ready to hit the ground running and return to growth now that Narendra Modi and his BJP party has cleaned up Parliament.
A study by the Organization for Economic Cooperation & Development said Tuesday that India was on the path to growth improvement.
��ndicators point to growth below trend in Brazil, China and Russia. Nevertheless, the (economic indicators) tentatively indicate a positive turning point in India, suggesting a return to faster growth,��the OECD said.
India has grown below 5% in each of the two previous financial years mainly because of the global slowdown and policy paralysis at home that�� left the country at a standstill. The Reserve Bank of India Bank of India expects the economy to pick up and grow at over 5.5% in this fiscal year, which ends for India in March 2015.
Top 5 Net Payout Yield Stocks To Invest In 2015: NL Industries Inc (NL)
NL Industries, Inc. (NL) is a holding company. The Company operates in the component products industry through NL's majority-owned subsidiary, CompX International Inc. The Company operates in the chemicals industry through its non-controlling interest in Kronos Worldwide, Inc. As of December 31, 2011, it owned 87% interest in CompX International Inc and 30% interest in Kronos Worldwide, Inc. The Company also owns 100% of EWI RE, Inc., an insurance brokerage and risk management services company. In July of 2011, CompX completed the acquisition of an ergonomic component products business.
Component Products-Compx International Inc.
Through the Company�� subsidiary, CompX, it manufactures components that are sold to a variety of industries including office furniture, recreational transportation (including boats), mailboxes, toolboxes, home appliances, banking equipment, vending equipment and computer-related equipment. CompX�� Security Products business, with one manufacturing facility in South Carolina and one in Illinois shared with the Marine Components business, manufactures mechanical and electronic cabinet locks and other locking mechanisms used in a variety of applications including ignition systems, mailboxes, file cabinets, desk drawers, tool storage cabinets, vending and gaming machines, high security medical cabinetry, electrical circuit panels, storage compartments and gas station security. These products include disc tumbler locks, pin tumbler locking mechanisms, and eLock and Stealthlock electronic locks.
CompX�� Furniture Components business, with facilities in Canada and Taiwan, manufactures a line of ball bearing slides and computer keyboard, monitor and central processing unit (CPU) support systems for use in applications, such as file cabinets, desks, computer server racks, wall mounted computer applications, home appliances, tool storage cabinets, imaging equipment, automated teller machines and other applications. These products include I! ntegrated Slide Lock, Ball Lock, Self-Closing Slide, articulating computer keyboard support arms along with the LeverLock keyboard arm, CPU storage devices, flat panel computer monitor support systems and keyboard, monitor and CPU wall mounts.
CompX�� Marine Components business, with a facility in Wisconsin and a facility shared with the Security Products business in Illinois, manufactures and distributes stainless steel exhaust components, gauges, throttle controls, hardware and accessories primarily for performance and ski/wakeboard boats. These products include original equipment and aftermarket stainless steel exhaust headers, exhaust pipes, mufflers and other exhaust components; gauges, such as global positioning system (GPS) speedometers and tachometers; controls, throttles, steering wheels and other billet aluminum accessories, and dash panels, light emitting diode (LED) lighting, rigging and other accessories. CompX operated five manufacturing facilities, as of December 31, 2011, including one facility in Grayslake, Illinois that housed operations relating to Security Products and Marine Components.
Chemicals-Kronos Worldwide, Inc.
Kronos is a global producer and marketer of titanium dioxide pigments (TiO2), a base industrial product used in a range of applications. Kronos, along with its distributors and agents, sells and provides technical services for NL's products to over 4,000 customers in approximately 100 countries with the majority of sales in Europe and North America. TiO2 is a white inorganic pigment used in a range of products. Kronos offers customers a portfolio of products that include over 40 different TiO2 pigment grades. Kronos��major customers include domestic and international paint, plastics, decorative laminate and paper manufacturers. Kronos ships TiO2 to customers in either a powder or slurry form via rail, truck or ocean carrier. Kronos and its agents and distributors primarily sell and provide technical services for Kronos��pr! oducts in! three markets: coatings, plastics and paper.
Kronos��TiO2 is also found in food products, such as candy and confectionaries and in pet foods. In pharmaceuticals, TiO2 is used commonly as a colorant in pill and capsule coatings, as well as in liquid medicines. Kronos owns and operates two ilmenite mines in Norway. Kronos manufactures and sells iron-based chemicals, which are co-products and processed co-products of the sulfate and chloride process TiO2 pigment production. These co-product chemicals are marketed through Kronos��Ecochem division and are primarily used as treatment and conditioning agents for industrial effluents and municipal wastewater, as well as for the manufacture of iron pigments, cement and agricultural products. Kronos manufactures and sells titanium oxychloride and titanyl sulfate. Kronos produces TiO2 in two crystalline forms: rutile and anatase. Rutile TiO2 is manufactured using both a chloride production process and a sulfate production process, whereas anatase TiO2 is only produced using a sulfate production process.
The chloride process is a continuous process, in which chlorine is used to extract rutile TiO2. The sulfate process is a batch process, in which sulfuric acid is used to extract the TiO2 from ilmenite or titanium slag. Kronos operates four TiO2 plants in Europe, which includes one in each of Leverkusen, Germany; Nordenham, Germany; Langerbrugge, Belgium, and Fredrikstad, Norway. In North America, Kronos has a TiO2 plant in Varennes, Quebec, Canada. Kronos produced 550,000 metric tons of TiO, during the year ended December 31, 2011. Kronos and a subsidiary of Huntsman Corporation each hold a 50% interest in a manufacturing joint venture, Louisiana Pigment Company, L.P. (LPC). LPC owns and operates a chloride process TiO2 facility located in Lake Charles, Louisiana.
The Company competes with E.I. du Pont de Nemours & Co., National Titanium Dioxide Company Ltd., Huntsman Corporation, Tronox Incorporated and Sachtleben Chemi! e GmbH. Advisors' Opinion:
- [By John Udovich]
Dallas billionaire Harold Simmons died over the weekend with investors sending shares of some of his publically traded companies like Valhi, Inc (NYSE: VHI), Kronos Worldwide, Inc (NYSE: KRO), NL Industries, Inc (NYSE: NL) and�CompX International Inc (NYSEMKT: CIX)to higher levels as they anticipate changes���such as asset sales or spin offs. Harold Simmons was the embodiment of the American dream because he was born during the depths of the Great Depression in Golden, Texas to schoolteacher parents and he spent�his early years living without indoor plumbing or electricity. However and by recognizing�underpriced assets and through the use of massive amounts of leverage (e.g. junk bonds),�he built an empire and�ranked #40 on the 2013 Forbes 400 with a fortune estimated to be worth some $10 billion.
- [By Ben Levisohn]
Typically, when the chairman of a company dies, its shares drop. That hasn’t been the case for Valhi (VHI), Kronos Worldwide (KRO) and NL Industries (NL), which have all advanced today after Harold Simmons passed away.
Top 10 Rising Companies To Invest In 2014: Digicore Holdings Ltd (DGC)
Digicore Holdings Limited is a South Africa-based holding company engaged in the manufacturing and distribution of fleet management and vehicle tracking solutions. The Company operates in three segments: South African Distribution, Foreign Distribution, Product Development and Manufacturing and Group Management. The Company's South African distribution segment focuses on distribution of manufactured fleet management and vehicle tracking solutions within the South African consumer market. Foreign distribution focuses on the distribution of manufactured fleet management and vehicle tracking solutions all around the world. Product development and manufacturing segment focuses on investing in research, manufacturing and development of vehicle tracking and fleet management solutions for distribution. Group Management segment renders management services to the Company. On August 31, 2012, the Company obtained an additional 27% shareholding in Ctrack (Pty) Ltd. Advisors' Opinion:- [By Eric Lam]
Detour Gold (DGC) plunged 18 percent to C$6.35, an almost five-year low. The company said in a statement it will not reach its 2013 production target of 270,000 ounces of gold and now forecasts 240,000 to 260,000 ounces.
Top 10 Rising Companies To Invest In 2014: WPCS International Incorporated(WPCS)
WPCS International Incorporated provides design-build engineering services for communications infrastructure. The company operates in three segments: Electrical Power, Wireless Communication, and Specialty Construction. The Electrical Power segment provides electrical contracting services to help commercial and industrial facilities for upgrading power systems; and creates integrated building systems, including the installation of structured cabling systems and electrical networks, as well as supports the integration of telecommunications, fire protection, security, and HVAC. The Wireless Communication segment designs and deploys wireless network solutions comprising Wi-Fi networks, point-to-point systems, mesh networks, microwave systems, cellular networks, in-building systems, and two-way communication systems. The Specialty Construction segment offers specialty construction services for building design, such as the design and integration of mechanical, electrical, hydra ulic, and life safety systems. The company provides its services to public services, healthcare, energy, and corporate enterprise markets worldwide. WPCS International Incorporated was founded in 1997 and is headquartered in Exton, Pennsylvania.
Advisors' Opinion:- [By Steven Russolillo]
WPCS International(WPCS) surged 21% in the extended session late Thursday after the firm said its BTX Trader unit had launched a platform for bitcoin traders.
- [By Barbara Kollmeyer]
Shares of WPCS International Inc. (WPCS) �were up 40% in thin premarket trading. The company said Thursday that one of its units released a software platform for bitcoin traders.
- [By Monica Gerson]
WPCS International (NASDAQ: WPCS) announced the public release of beta version of its Windows-based trading platform for bitcoin traders. WPCS shares jumped 26.49% to $1.91 in the after-hours trading.
Top 10 Rising Companies To Invest In 2014: Morgans Hotel Group Co.(MHGC)
Morgans Hotel Group Co., a hospitality company, engages in the acquisition, ownership, operation, development, and redevelopment boutique hotels, nightclubs, restaurants, bars, and other food and beverage venues. It has operations primarily in the United States, Europe, and internationally. The company was incorporated in 2005 and is based in New York, New York.
Advisors' Opinion:- [By Roberto Pedone]
Morgans Hotel Group (MHGC) operates, owns, acquires, develops and redevelops boutique hotels, primarily in gateway cities and select resort markets in the U.S., Europe and other international locations and nightclubs, restaurants. This stock closed up 3.8% to $6.99 in Tuesday's trading session.
Tuesday's Range: $6.73-$7.06
52-Week Range: $4.66-$8.15
Tuesday's Volume: 388,000
Three-Month Average Volume: 196,219From a technical perspective, MHGC spiked higher here right above its 200-day moving average of $6.45 with above-average volume. This move is quickly pushing shares of MHGC within range of triggering a near-term breakout trade. That trade will hit if MHGC manages to take out Tuesday's high of $7.06 and then once it takes out more near-term resistance at $7.20 with high volume.
Traders should now look for long-biased trades in MHGC as long as it's trending above its 200-day at $6.41 and then once it sustains a move or close above those breakout levels with volume that hits near or above 196,219 shares. If that breakout triggers soon, then MHGC will set up to re-test or possibly take out its next major overhead resistance levels at $8 to its 52-week high at $8.15. Any high-volume move above those levels will then give MHGC a chance to tag its next major overhead resistance levels at $9 to $10.
Top 10 Rising Companies To Invest In 2014: Newpark Resources Inc (NR)
Newpark Resources, Inc., incorporated on June 3, 1988, is a diversified oil and gas supplier providing products and services primarily to the oil and gases exploration (E&P) industry. The Company operates in three segments: fluids systems and engineering, mats and integrated services, and environmental services. The Company's Fluids Systems and Engineering segment provides customized drilling fluids solutions to E&P customers globally, operating through four geographic regions: North America, Europe, the Middle East and Africa (EMEA), Latin America, and Asia Pacific. The Company's Mats and Integrated Services segment provides composite mat rentals, well site construction and related site services to oil and gas customers at well, production, transportation and refinery locations in the United States. The Company's Environmental Services segment processes and disposes of waste generated by E&P and industrial activity, primarily along the United States Gulf Coast. On December 31, 2012, it acquired operations of Alliance Drilling Fluids, LLC
Fluids Systems and Engineering
The Company's Fluids Systems and Engineering business offers customized solutions, including technical drilling projects involving complex subsurface conditions, such as horizontal, directional, geologically deep or deep water drilling. These projects require increased monitoring and critical engineering support of the fluids system during the drilling process. The Company provides drilling fluids products and technical services to markets in North America, EMEA, Latin America, and the Asia Pacific region. The Company also provides completion services and equipment rental to customers in Oklahoma and Texas. The Company has industrial mineral grinding operations for barite. The Company grinds barite and other industrial minerals at facilities in Houston and Corpus Christi, Texas, New Iberia, Louisiana and Dyersburg, Tennessee. The Company uses the resulting products in its drilling fluids business, and also sell! s them to third party users, including other drilling fluids companies. The Company also sells a variety of other minerals, principally to third party industrial (non oil and gas) markets, from its main plant in Houston, Texas and from the plant in Dyersburg, Tennessee.
Mats and Integrated Services
The Company provides mat rentals, location construction and related well sites services to E&P customers in the Northeast United States, onshore United States Gulf Coast, and Rocky Mountain regions, and mat rentals to the petrochemical industry in the United States and the utility industry in the United Kingdom. These mats provide environmental protection and ensure all-weather access to sites with unstable soil conditions. The Company manufactures its DuraBase Advanced Composite Mats for sales, as well as for uses in its domestic and international rental operations. The Company's marketing efforts for this product remain focused in principal oil and gas industry markets which include the Asia Pacific, Latin America, EMEA, as well as markets outside the E&P sector in the United States and Europe.
Environmental Services
The Company processes and disposes of waste generated by its oil and gas customers. Primary revenue sources include onshore and offshore Gulf of Mexico drilling waste management, as well as reclamation services. Additionally, the Company provides disposal services in the West Texas market. The Company operates six receiving and transfers facilities located along the United States Gulf Coast. E&P waste is collected at the transfer facilities from drilling and production operations located offshore, onshore and within inland waters. Waste is accumulated at the transfer facilities and moved by barge through the Gulf Intracoastal Waterway to the Company's processing and transfer facility at Port Arthur, Texas, and, if not recycled, is trucked to injection disposal facilities. Any remaining material is injected, after further processing, into envir! onmentall! y secure geologic formations. Under permits from Texas state regulatory agencies, the Company operates waste disposal facilities in Jefferson County, Texas (Fannett and Big Hill). The Fannett site is the Company's primary facility for disposing of E&P waste. Utilizing this same technology, the Company also receives and disposes of non-hazardous industrial waste at the Big Hill facility, principally from generators in the United States Gulf Coast market, including refiners, manufacturers, service companies and industrial municipalities that produce waste. These non-hazardous waste streams are injected into a separate well utilizing the same low-pressure injection technology. The Company also disposes of non-hazardous industrial waste.
The Company competes with Schlumberger, Halliburton and Baker Hughes.
Advisors' Opinion:- [By Travis Hoium]
What: Shares of energy service provider Newpark Resources (NYSE: NR ) jumped 17% today after the company released earnings.
So what: Revenue was up 7.7%, to $283 million in the first quarter, and net income jumped 11.1%, to $17.4 million, or $0.18 per share. Analysts only expected $278 million in revenue, and earnings of $0.17 per share, and the slight beat was enough to send shares higher. It didn't hurt that the report was accompanied by a $50 million share repurchase plan, which indicates that management is bullish on the company's long-term future.�
Top 10 Rising Companies To Invest In 2014: Bankrate Inc (RATE)
Bankrate, Inc. (Bankrate), incorporated on April 13, 2011, is a publisher, aggregator and distributor of personal finance content on the Internet. The Company provides consumers with personal finances editorial content across multiple vertical categories, including mortgages, deposits, insurance, credit cards, and other categories, such as retirement, automobile loans, and taxes. The Company provides financial applications and information to a network of distribution partners and through national and state publications. The Company develops and provides Web services to over 75 co-branded partners, including personal finance sites on the Internet such as Yahoo!, CNN Money, CNBC and Comcast. The Company licenses editorial content to over 100 newspapers on a daily basis, including including The Wall Street Journal, USA Today, The New York Times, The Los Angeles Times and The Boston Globe. The Company offers services, including Mortgages and Home Lending, Deposits, Insurance, Credit Cards and Other financial products, including those related to retirement, tax, auto, and debt management.
The Company online publishing, is the sale of advertising, sponsorships, leads and hyperlinks, and lead generation within its Online Network through Bankrate.com, Interest.com, Bankaholic.com, Mortgage-calc.com, CreditCardGuide.com, Nationwidecardservices.com, Creditcardsearchengine.com, Feedisclosure.com, Insureme.com, Bankrate.com.cn (China), CreditCards.com, Creditcards.ca, Netquote.com, CD.com, CarInsuranceQuotes.com and InsWeb.com. The print publishing and licensing business is primarily engaged in the sale of advertising in the Mortgage Guide and CD & Deposit Guide.
Mortgages and Home Lending
The Company offers information on rates for different types of mortgages, home lending and refinancing options. The Company�� rate information is specific to geographic location and contains nearly 600 local markets, covering all 50 United States. Consumers can customize searches for mor! tgage rates by loan size, maturity, and location through its online portals. The Company also provides original articles that cover topics, such as trends in housing markets and refinancing perspectives to help consumers with their decision making.
Deposits
The Company offers rate information on different deposit products, such as money market accounts, savings accounts and certificates of deposit. It also provides online analytic tools to help consumers calculate investment value using customized inputs.
Insurance
The Company facilitates a consumer�� ability to receive multiple competitive insurance quotes for auto, business, home, life, health and long-term care based on a single application. It also provides advice and detailed descriptions of insurance terms, aiding consumers in deciding amongst a range of policy options. Insurance quotes can be customized by age, marital status and location. In addition, the Company provides articles on topical subjects, such as recent healthcare reforms, as well as the basics to understanding an insurance policy.
Credit Cards
The Company offers a selection of consumer and business credit and prepaid cards for visitors. It provides detailed credit card information and comparison capabilities, and allows consumers to search for cards that cater to their specific needs. It displays cards by bank or issuer, credit quality, reward program, or card limit. The Company further hosts news and advice on credit card debt and bank policies, as well as tools to estimate credit score and credit card fees.
Other Personal Finance Products
The Company offers information on retirement, taxes, auto, and debt management. The content provided on such topics include 401(k), Social Security, tax deductions and exemptions, auto loans, debt consolidation, and credit risk.
The Company sells leads to insurance agents, insurance carriers and credit card issuers. Its credit c! ard compa! rison marketplace is one of the third party online application sources for all issuers. The Company charges its advertisers on a per-lead basis based on the total number of leads generated for insurance products, and on a per-action basis for credit cards (upon approval or completion of an application). Advertisers that are listed in the Company�� rate tables have the opportunity to hyperlink their listings. In addition, advertisers can buy hyperlinked placement within its qualified insurance listings. It sells its hyperlinks on a per-click pricing model. The Company provides a variety of digital display formats. Its common digital display advertisement sizes are leader boards and banners, which are prominently displayed at the top or bottom of a page, skyscrapers, islands and posters. The Company charges for these advertisements based on the number of times the advertisement is displayed or based on a fixed amount for a campaign.
Advisors' Opinion:- [By Rich Smith]
Getty Images You've all seen the bumper stickers -- maybe you even have one on your car -- "We're spending our kids' inheritance." But funny as the sticker is, and as much as you might share the sentiment on occasion, the truth is that most Americans of retirement age say they aren't doing anything of the sort. That's the upshot of a new survey from Bankrate.com (RATE) subsidiary Interest.com, which recently polled Americans ages 18 to 59, asking whether they expect to receive an inheritance from their elders at some point in their lifetimes. And then they polled the folks bearing the bumper stickers... and came to a pretty startling conclusion: Barely 1 in 4 Americans under the age of 60 have any hope of ever inheriting anything from anybody. But nearly 2 out of 3 Americans age 60 and over say that yes, indeed, they have been saving, and one of these days, their heirs are going to benefit. What We Have Here Is a Failure to Communicate A 2011 study conducted by the Boston College Center for Retirement Research estimated that U.S. retirees have built up an astounding $8.4 trillion dollars worth of inheritable wealth. Baby Boomers have benefited from giveaways to the tune of $2.4 trillion already, but this still leaves $6 trillion more waiting to be handed out. So on one hand, according to Interest.com, 64 percent of the folks with the dough say they expect to have enough money left over at the end of their lives to bequeath it to their heirs. Yet on the other hand, 27 percent of Americans who might inherit that money don't think they'll ever see any of it. Why not? The bumper stickers may be one reason. When enough people start joking about planning to spend what they've got on themselves -- especially in an economy like this one, when that may be their only option -- you can hardly blame the kids for beginning to believe them. Or perhaps the kids may not be expecting to receive an inheritance because they simply don't know there's any money to inherit.
- [By Rich Smith]
Alamy 2013 is turning out to be a banner year for bank customers -- in a bad way. According to a recent survey by personal finance website Bankrate.com (RATE), this year has already seen record highs set for the amounts that banks charge their customers for ATM fees, overdraft fees, and monthly maintenance fees -- just for keeping a bank account open. According to Bankrate's
- [By Rich Smith]
Alamy You've probably heard by now that in some vague way, your credit rating has something to do with the premiums your auto insurance company charges you for coverage. But if you're like me, you've probably never quite understood the details of how this work. Fortunately, the good folks at InsuranceQuotes.com -- a subsidiary of Bankrate (RATE) -- recently published a report that draws back the curtain on this little-understood quirk of the insurance industry. Blame it on FICO Used to be, the rate you paid for insuring your car was tied primarily to demographic and personal factors that were clearly connected to the risk that you'd damage your car and ask the insurance company to pay for it: things like your age, sex, marital status, and driving history. It won't surprise anyone that younger, unmarried men are more likely to be risky drivers than soccer moms, and should therefore pay higher premiums. But about 20 years ago, the folks at Fair Isaac Corporation (FICO) found a correlation between low credit scores and a higher risk of filing an insurance claim. That's not causation, of course -- having bad credit doesn't somehow cause you to crash your car. But according to FICO, "people who choose to effectively manage their finances are also less likely to have future insurance losses." Conversely, there is a "statistical correlation between a person's credit score and the likelihood that he or she will file an auto insurance claim in the future." Suddenly, FICO had a new way to hawk its credit histories to insurance companies -- and insurance companies had a new excuse to raise your rates. News Flash: Everybody Does It Ever since, insurance companies have used this finding to tweak the rates they charge you for insurance. Today, says InsuranceQuotes, "about 97 percent of U.S. insurance companies" do it. But how do they do it, exactly?
- [By Rich Smith]
Meridian Studios, Getty Images It's no great secret that across the nation, insurance premiums are on the rise. Over the past five years, the cost of insuring a home against fire and other casualty has crept up about 10 percent a year -- every year. Health insurance increases, while they've been muted of late, still rose 4 percent this year. But if you think those hikes are steep, get a load of this next one. Congratulations! You're a Father! (Now Open Your Wallet) Kids are expensive. If you're a parent, you know this already. If you're a parent of a kid who hasn't turned 16 just yet, you're on track to get another lesson in how expensive they can be. Because once your offspring passes the driver's test and receive a license to drive from the state, he's going to need to be insured -- and that will cost you an extra $2,000 a year, on average. (By the way, if your kid is getting driver's license, your wallet won't take quite as big a hit, girls being 25 percent less expensive to insure than boys on average. But it'll still be some serious coin.) According to the National Highway Traffic Safety Administration, driving is a risky activity for teens. The are more prone to get into accidents -- about four times as likely as older, more experienced drivers, according to the Centers for Disease Control. And traffic accidents are the leading causes of death for Americans ages 16 to 19. Between lives lost and property destroyed, this all makes insurance companies very wary of insuring teen drivers. And when they do agree to insure a teen, they make you pay through the nose. According to a recent report posted on Bankrate.com's (RATE) InsuranceQuotes.com, across both genders, all age categories, and all 50 states, parents pay an average 84 percent more for their car insurance after adding a teen to their policy. Stay Between the (State) Lines Think that's bad? It might get worse. Unless you're fortunate enough to live in a state like North Carolina or Hawaii,
Top 10 Rising Companies To Invest In 2014: Sucampo Pharmaceuticals Inc (SCMP)
Sucampo Pharmaceuticals, Inc., incorporated on December 9, 2008, is a global biopharmaceutical company focused on research, discovery, development and commercialization of drugs based on ion channel activators known as prostones. The Company�� prostone-based compounds target the ClC-2 and big potassium (BK), ion channels. It is focused on developing prostones to treat gastrointestinal, ophthalmic, neurologic, and oncology-based inflammatory disorders, and is also considering other therapeutic applications of its drug technology. The Company�� products include AMITIZA (lubiprostone) and RESCULA (unoprostone isopropyl).
AMITIZA
The Company�� AMITIZA is being marketed in the United States for three gastrointestinal indications under a license agreement, or the Takeda Agreement, with Takeda Pharmaceutical Company Limited, or Takeda. The three gastrointestinal indications include chronic idiopathic constipation (CIC), in adults, irritable bowel syndrome with constipation (IBS-C), in adult women, and opioid-induced constipation (OIC), in adult patients with chronic, non-cancer pain. AMITIZA for OIC received approval from the United States Food and Drug Administration (FDA), in April 2013. In Japan, AMITIZA is marketed under a license, commercialization and supply agreement, or the Abbott Agreement, with Abbott Japan Co. Ltd. (Abbott), for the gastrointestinal indication of chronic constipation (CC), excluding constipation caused by organic diseases. In Switzerland, the Company is marketing AMITIZA.
RESCULA
The Company holds license agreements for RESCULA in the United States and Canada and the rest of the world, with the exception of Japan, Korea, Taiwan and the People�� Republic of China. The Company is commercializing RESCULA (unoprostone isopropyl ophthalmic solution) 0.15% for the lowering of intraocular pressure (IOP), in patients with open-angle glaucoma or ocular hypertension in the United States. RESCULA may be used as an agent or concomit! antly with other topical ophthalmic drug products to lower intraocular pressure. RESCULA is a BK channel activator and has a different mechanism of action than other IOP lowering agents on the market.
Advisors' Opinion:- [By Roberto Pedone]
Another under-$10 stock that's starting to trend within range of triggering a major breakout trade is Sucampo Pharmaceuticals (SCMP), which is engaged in the discovery, development and commercialization of proprietary drugs based on prostones, and other novel drug technologies. This stock is off to a decent start in 2013, with shares up by 26%.
If you take a look at the chart for Sucampo Pharmaceuticals, you'll notice that this stock has been downtrending badly for the last four months, with shares dumping hard from its high of $10.48 to its recent low of $5.40 a share. During that downtrend, shares of SCMP have been consistently making lower highs and lower lows, which is bearish technical price action. That said, the downside volatility for SCMP looks to be over in the short-term since the stock has started to reverse its downtrend and enter an uptrend. That reverse is quickly pushing shares of SCMP within range of triggering a major breakout trade above a key downtrend line.
Traders should now look for long-biased trades in SCMP if it manages to break out above some near-term overhead resistance levels at $6.33 to $6.66 a share with high volume. Look for a sustained move or close above those levels with volume that hits near or above its three-month average action of 115,383 shares. If that breakout triggers soon, then SCMP will set up to re-test or possibly take out its next major overhead resistance levels at $7.09 to $7.67 a share. Any high-volume move above those levels will then give SCMP a chance to tag $8 to $9 a share.
Traders can look to buy SCMP off weakness to anticipate that breakout and simply use a stop that sits right below some key near-term support levels at $5.58 to $5.40 a share. One can also buy SCMP off strength once it clears those breakout levels with volume and then simply use a stop that sits a comfortable percentage from your entry point.
- [By James Brumley]
Still, for the nimble who know when to get out, OREX is one of the few cheap stocks worth a closer look.
Sucampo Pharmaceuticals (SCMP)Finally, though the price of $7.60 clearly qualifies it as one pf the cheapest of the cheap stocks out there in the pharmaceutical world, that’s not the reason Sucampo Pharmaceuticals (SCMP) may be worth a look here. It’s the 30% slide we’ve seen SCMP stock suffer since peaking in mid-January. It’s not a pullback that’s bound to go unchallenged by the bulls.
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