"Our last two years have been the biggest commitment of capital in our history," said Larry Webster, CEO of Upstate Niagara Cooperative, which is supplying the milk to both Alpina Foods' and M眉ller Quaker Dairy's yogurt plants.
Webster won't say exactly how much capital he's talking about, but the investment includes buying a yogurt plant in the northern part of New York state and expanding its western New York plants. Upstate is also an owner of O-At-Ka Milk Products Cooperative, which has expanded its Batavia, N.Y., plant, too.
Best Sliver Companies To Own For 2015: Silver Bay Realty Trust Corp (SBY)
Silver Bay Realty Trust Corp., incorporated on June 29, 2012, is focused on the acquisition, renovation, leasing and management of single-family properties. The Company generates all of its revenue by leasing its portfolio of single-family properties.
As of September 30, 2012, the initial portfolio consisted of more than 2,540 single-family properties. As of September 30, 2012, Two Harbors owned a portfolio of approximately 1,660 single-family properties through its wholly owned subsidiary, Two Harbors Property Investment LLC. The Company is managed by PRCM Real Estate Advisers LLC.
Advisors' Opinion:- [By Amanda Alix]
While these companies are still heavily involved, there is also a new presence on the scene: the single-family home REIT. Last December, mortgage REIT Two Harbors (NYSE: TWO ) spun off Silver Bay Realty (NYSE: SBY ) after selling its stable of 3,100 homes to Silver Bay prior to its initial public offering. Around the same time, Altisource Residential�was also born, spun off from Altisource Portfolio Solutions (NASDAQ: ASPS ) .
- [By Selena Maranjian]
The biggest new holdings are Comcast�and Prudential Financial. Other new holdings of interest include Silver Bay Realty Trust (NYSE: SBY ) , a hybrid mortgage REIT (real estate investment trust). Spun off by Two Harbors Investment, Silver Bay will focus on single-family homes, profiting from foreclosures. The company is worth watching, especially with a housing recovery under way, even though some question the recovery. In its last quarter, Silver Bay acquired 1,200 single-family properties, bringing its portfolio to 4,600. Its overall occupancy rate is 53%, but 92% among its stabilized properties.
Top Trucking Companies To Invest In Right Now: Iron Mountain Incorporated(IRM)
Iron Mountain Incorporated, together with its subsidiaries, provides information management services primarily in North America, Europe, Latin America, and the Asia Pacific. The company offers records management services, including records management program development and implementation based on best-practices to help customers comply with specific regulatory requirements; implementation of policy-based programs that feature storage for various media comprising paper; flexible retrieval access and retention management; hybrid services to help organizations gain control over their paper records; and specialized services for vital records and regulated industries, such as healthcare, energy, government, and financial services. It also provides data protection and recovery services, such as disaster preparedness; off-site vaulting of data backup media for data recovery in the event of a disaster, human error, or virus; online backup and recovery solutions for desktop and la ptop computers, and remote servers; and technology escrow services to protect and manage source code and other proprietary information. In addition, the company offers information destruction services that primarily consist of physical secure shredding operations; and is involved in the shredding of sensitive documents to third-party recyclers. Further, it provides fulfillment services that assemble custom marketing packages and orders, as well as provide reporting on customer marketing literature inventories; and professional consulting services to develop and implement comprehensive records and information management programs. Iron Mountain Incorporated serves commercial, legal, banking, health care, accounting, insurance, entertainment, and government organizations. The company was founded in 1951 and is headquartered in Boston, Massachusetts.
Advisors' Opinion:- [By Ben Levisohn]
Iron Mountain (IRM) has bet heavily that it’s conversion to a real-estate investment trust would arrest its declining share price. But Don’t count on a permanent benefit without major changes, according to a Jefferies report released today.
Jefferies’ Dan Dolev and Trevor Young explain:
For many years, the durability of IRM’s paper storage business (74% of GP) has made it synonymous with stability, but our proprietary survey highlighting a dramatic decline in paper storage intentions is concerning. Data centers are a step in the right direction, but to ensure long-term viability, IRM needs a comprehensive plan to diversify away from storing paper…
REIT status does not affect fundamentals, but a 2x dividend could bring short-term respite to the shares. Only the IRS knows if IRM would become a REIT; however, if it does, the stock would surely rise on the prospects of a $2+ dividend (~2x C-corp.).
Dolev and Young started Iron Mountain with a Hold rating and a $27 price target. Shares of Iron Mountain have dropped 1.7% to $29 today at 2:41 p.m.
Top Trucking Companies To Invest In Right Now: Market Vectors Russia ETF (RSX)
Market Vectors-Russia ETF (the Fund) seeks to replicate as closely as possible the price and yield performance of the DAXglobal Russia+ Index (the Russia+ Index). The Russia+ Index includes a basket of securities of 30 of the most heavily traded Russian companies that have listings on global exchanges, either through an American depository receipt (ADR), a global depository receipt (GDR) or local Russian shares. The Russia+ Index, which was launched in March 2007, is a modified market capitalization-weighted index designed to track the movements of certain depository receipts (DRs) and stocks of publicly traded companies that are domiciled in Russia, and traded in Russia and on global exchanges. The Russia+ Index consists of companies with market capitalization greater than $150 million that have a daily average traded volume of at least $1 million over the past six months. The Russia+ Index includes energy companies, such as Lukoil, OAO Gazprom and Surgutneftgaz; utility company, Unified Energy Systems; steel manufacturing firms, such as Mechel OAO and Evraz Group SA; mining firm, JSC MMC Norilsk Nickel; communications firms, such as Mobile TeleSystems OJSC and Vimpel-Communications, and Sberbank.
The Fund will normally invest at least 80% of its total assets in stocks and depositary receipts (DRs) of publicly traded companies that are domiciled in Russia. Publicly traded companies that are domiciled in Russia means companies organized in, or for which the principal trading market is in Russia; companies that, alone or on a consolidated basis, have 50% or more of their assets invested in Russia, or companies that alone or on a consolidated basis derive 50% or more of their revenues primarily from either goods produced, sales made or services performed in Russia. The Fund, utilizing a passive or indexing investment approach, attempts to approximate the investment performance of the Russia+ Index by investing in a portfolio of securities that generally replicate the Russia+ Index. The Fund! will hold all of the securities that comprise the Russia+ Index in proportion to their weightings in the Russia+ Index. The Fund will normally invest at least 95% of its total assets in securities that comprise the Russia+ Index. The Russia+ Index is calculated and maintained by the Deutsche Borse (the Index Provider).
Advisors' Opinion:- [By Halia Pavliva]
The Market Vectors Russia ETF (RSX), the biggest U.S.-traded exchange-traded fund that holds Russian shares, dropped 0.4 percent to $29.56, paring its October gain to 4.9 percent. The RTS Volatility Index, which measures expected swings in the index futures, added 4 percent to 23.48 in U.S. hours.
- [By Charles Sizemore]
But what exactly are you buying when you buy Russian stocks? Let�� take a look under the hood at the ETFs that track the Russian market: the Market Vectors Russia ETF (RSX), the iShares MSCI Russia Capped Index (ERUS) and the SPDR S&P Russia (RBL).
- [By Dan Caplinger]
The Dow Jones Industrials (DJINDICES: ^DJI ) celebrated the apparent lessening of tension along the Ukraine-Russia border Tuesday, climbing almost 228 points and more than regaining all of the ground the average lost Monday. Whipsaws in the Russian market were even more dramatic, as the Market Vectors Russia ETF (NYSEMKT: RSX ) gained 4% today after falling almost 7% Monday. As confusing as wildly thrashing markets can be for investors, the Dow's moves over the past two days serve as valuable experience that every investor can learn from. Let's take a look at three lessons from the Dow so far this week.
- [By Matthew McCall]
Market Vectors Russia ETF (NYSE: RSX)
The Ukraine/Russia conflict heightened this weekend and some experts are predicting an all-out war over Crimea. On Monday morning the MICEX Index was lower by eight percent and the Russian Ruble was tumbling. The largest Russian ETF in the U.S. is RSX, which was already down 2.4 percent last Friday. Investors can expect massive selling for the ETF today on the open.
Top Trucking Companies To Invest In Right Now: China Xiniya Fashion Limited(XNY)
China Xiniya Fashion Limited engages in the design and manufacture of men?s business casual and business formal apparel and accessories. It offers business casual apparel, including jackets, pants, shirts, T-shirts, sweaters, and overcoats; business formal apparel comprising suits, business pants, and dress shirts; and accessories consisting of ties, bags, belts, and shoes. The company sells its products under the Xiniya brand name to distributors and department store chains in the People?s Republic of China. China Xiniya Fashion Limited was founded in 1993 and is headquartered in Jinjiang, the People?s Republic of China.
Advisors' Opinion:- [By Garrett Cook]
China Xiniya Fashion Limited (NYSE: XNY) shares tumbled 2.49 percent to $2.35 after the company reported a Q3 loss per ADS of $0.59, versus earnings per ADS of $0.02 in the year-ago quarter.
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