Ford's Michigan Assembly Plant. Photo Courtesy of Ford.
Last Friday The Detroit News reported the latest in Ford's (NYSE: F ) round of vehicle recalls, noting that it would call back 465,000 vehicles for leaky fuel tanks and fire risks. Unfortunately for the Detroit automaker, it isn't the first issue that has made headlines over the last year as Ford's Escape and Fusion have been involved in numerous recalls.
However, if you were a general reader and glanced at these headlines you'd expect Ford to be near the top of vehicle recalls by manufacturer, but that's far from the truth. I dug deeper into past recall numbers, and was surprised at what I found.
By the numbers
I bet you'd be surprised to hear that in 2012 General Motor's (NYSE: GM ) and Ford's vehicle recalls combined were less than Toyota's (NYSE: TM ) or Honda's (NYSE: HMC ) . Toyota took the top spot with 5.3 million vehicles recalled last year, which was nearly 2 million more than its Japanese rival Honda at 3.4 million. Ford and GM came in with significantly fewer recalls at 1.4 and 1.5 million, respectively. That's not an unusual result either; take a look at the graph below for cumulative recalls over the last three years:
Top 10 Freight Companies To Invest In Right Now: Mazda Motor Corp (MZDAY.PK)
Mazda Motor Corporation is a Japan-based company engaged in the manufacture and distribution of automobiles and automobile parts. The Company provides mini vans, compact vehicles, sports cars, sport-utility vehicles, station wagons, sedans, light cars, commercial vehicles, welfare vehicles and special edition automobiles, as well as automobile accessories, including car navigation systems, automobile audio systems, side monitors, rear seat monitors, electronic toll collection (ETC) in-vehicle equipment, security products, driving support products, bulbs, pet carriers and child seats, among others. As of March 31, 2013, the Company had 56 consolidated subsidiaries and 15 associated companies. Advisors' Opinion:- [By Elliott Gue]
This so-called One Ford initiative involved the US$2.3 billion sale of Jaguar and Land Rover to Tata Motors (TTM) and the US$1.6 billion divestment of Volvo to Geely Automobile Holdings (GELYF.PK). After selling the majority of its stake in Mazda Motor Corp (MZDAY.PK) and discontinuing Mercury, Ford Motor Company's portfolio consists of its eponymous mass-market brand and the higher-end Lincoln.
Best Japanese Stocks To Buy For 2015: Globecomm Systems Inc. (GCOM)
Globecomm Systems Inc. engages in the provision of satellite-based network solutions to government, communications service providers, commercial enterprises, and media and content broadcasters in the United States, Europe, South America, Africa, the Middle East, and Asia. It offers access products for providing data, voice, and video transport services; hosted application products for back office applications services; and professional services, including advisory and consulting services. The company also provides life cycle support services comprising installation, network monitoring, help desk, maintenance, and professional engineering services that supports access and hosted products; and infrastructure solutions, such as design, engineering, and installation of ground segment systems and networks, which are used in communications and media delivery networks. In addition, it offers fixed satellite terminals under the Summit brand; transportable satellite terminals under the Explorer brand; and network management systems to manage, monitor, and control networks under the AxxSys brand name, as well as systems design and integration products. The company was founded in 1994 and is headquartered in Hauppauge, New York.
Advisors' Opinion:- [By Rich Smith]
Instead, the winners who will compete among themselves to fulfill the $45 million firm-fixed-price, multiple-award, indefinite-delivery/indefinite-quantity contract include privately held Bluewater Communications Group LLC, small-cap Globecomm Systems (NASDAQ: GCOM ) , and TVC Communications LLC, of Annville, Penn., a small subsidiary of larger electronics distributor WESCO International (NYSE: WCC ) . All three will now be competing against each other to win the Pentagon's business on individual task orders for the Cisco and other HD equipment on order.
Best Japanese Stocks To Buy For 2015: Sonus Networks Inc.(SONS)
Sonus Networks, Inc. provides voice and multimedia infrastructure solutions. The company offers session border control (SBC), voice over Internet protocol (VoIP), and access and VoIP media gateway solutions that allow the delivery of voice and multimedia sessions over IP networks. Its products include GSX9000 Open Services Switch that enables voice traffic to be transported over packet networks; GSX4000 Open Services Switch; NBS9000 Network Border Switch that permits service providers to transform their time division multiplexing networks to IP; PSX Policy & Routing Server, which translates business policies into actual call control, routing, and service selection decisions; NBS5200 Network Border Switch that provides SBC functionality; and ASX Call Feature Server that provides local area calling and regulatory features for residential and enterprise markets. The company also offers Network Analytics Suite of performance management products, including NetScore network perf ormance analysis tool, NetAssure voice quality monitoring tool, and NetEng network audit and visualization engine that are used for the collection, monitoring, reporting, and notification of performance metrics. In addition, it provides professional consulting and services to support its IP communication solutions; and program management, network deployment design, softswitch and subscriber database design, network verification and audit, custom application and adaptor development, OSS and API integration, migration and upgrade, and managed services. The company serves long-distance and local exchange carriers, Internet service providers, wireless operators, cable operators, financial institutions, retailers, state and local governments, and multinational corporations. It sells its products primarily through a direct sales force in the United States, Europe, the Asia-Pacific, and the Middle East. Sonus Networks, Inc. was founded in 1997 and is headquartered in Westford, Mass achusetts.
Advisors' Opinion:- [By Ben Fox Rubin]
Sonus Networks Inc.(SONS) agreed to buy Performance Technologies Inc.(PTIX), a supplier of network communications products, for $3.75 a share, a 26% premium of Thursday’s close, or $42 million. The companies said the deal was worth $30 million, net of Performance Technologies’ cash and excluding acquisition costs. Performance Technologies shares jumped 24% to $3.70 premarket, just under the offer price.
Best Japanese Stocks To Buy For 2015: Re/Max Holdings Inc (RMAX)
Re/Max Holdings, Inc., incorporated on June 25, 2013, is a franchisor of real estate brokerage services. Its business is to recruit and retain agents and sell franchises. The Company operates in two business segments: Real Estate Franchise Services, and Brokerage and Other. The Company operates in the real estate brokerage franchise industry in more than 90 countries, including the United States and Canada. Effective December 31, 2012, the Company acquired certain assets of RE/MAX of Texas. Effective November 30, 2012, the Company sold substantially all of the assets of owned and operated regional franchising operations located in Eastern Australia and New Zealand and entered into regional franchising agreements with new independent owners of these regions.
The Real Estate Franchise Services reportable segment comprises the operations of its owned and independent global franchising operations. The Brokerage and Other reportable segment contains the operations of its 21 owned brokerage offices in the U.S. which represent less than 1% of RE/MAX brokerages in the U.S., the results of operations of a mortgage brokerage company in which the Company owns a non-controlling interest, the elimination of intersegment revenue and other consolidation entities, as well as corporate and professional services expenses.
Advisors' Opinion:- [By Eric Volkman]
Getty Images/Cultura As more than a few finance industry professionals will happily brag, 2013 was a banner year for initial public offerings with 156 new stocks coming to market -- the most since 2007 -- collectively reaping the issuers aggregate proceeds of more than $38 billion. We went over the most recognizable members of this year's rookie class in "The 5 Most Unfortgettable IPOs of 2013." But in a big pool of 156 companies, there are bound to be at least a few struggling fish. Here, then, is a selection of five from the class of 2013 that are getting seriously lapped by their peers. 1. Prosensa (RNA) This Dutch clinical-stage biopharmaceutical firm had a strong debut when it listed on the Nasdaq in late June. The stock's offer price of $13 zoomed to close at over $19 on the first day of trading. But bad news was waiting around the corner; less than three months later, the shares tanked by more than 70 percent after the company announced that the muscular dystrophy treatment (drisapersen) it was developing in partnership with GlaxoSmithKline (GLAXF), did not hit its primary endpoint in late-stage trials. That one-day free fall saw the stock swoon from $24 per share to barely over $7. Since then, shares have slipped even further, and can currently be had for less than $5. 2. Violin Memory (VMEM) As a provider of high-speed data storage solutions, this company should be well in tune with current IT needs. But it fell flat from the beginning -- on its first day of trading the stock closed slightly over $7 a share, after pricing at $9. Worse was to come when the firm reported its first quarterly results as a publicly traded entity. While revenue advanced nearly 40 percent on a year-over-year basis, that couldn't cover the gaping hole of a bottom line loss totaling $34 million (a figure, by the way, significantly higher than the top line number of $28 million). The already-sinking shares continued to dive, bottoming at just over $2.50 per share. The re
- [By Sue Chang]
RE/MAX Holdings Inc. (RMAX) �is likely to report earnings of 26 cents a share in the first quarter.
- [By Ben Levisohn]
Shares of Re/Max Holdings (RMAX) have surged out of the gate as investors scoop up shares following the real-estate brokers IPO.
ReutersShares of Re/Max priced at $22, above the range of $19-$21 it had been seeking. The Associated Press has the details:
Re/Max Holdings Inc. has raised $220 million in an initial public offering of its common stock.
Re/Max is giving the underwriters a 30-day option to buy up to an additional 1.5 million shares to cover any excess demand.
The company anticipates about $194.2 million in net proceeds, after underwriting discounts and commissions and estimated offering expenses. Re/Max plans to use the proceeds to reacquire regional Re/Max franchise rights in some markets, redeem preferred membership interests and buy back ownership stakes from existing shareholders.
�Re/Max shares have jumped 21% to $26.67 at 10:32 a.m. Investors might want to reconsider jumping in, however. Here’s what I wrote about IPOs�back in 2011 and it still stands today.The IPO game is notoriously dicey for retail investors. That’s because most of the shares sold at the low offering price go to institutions; only about 20% go to individuals, according to Jay Ritter, a finance professor at the University of Florida.
That means most people must settle for buying new shares during their first few days of trading��rom the bigger investors who are selling. This scenario proved disastrous for investors who bought hot Internet companies near the end of the dot-com boom, just before they crashed.
Most IPOs, in fact, fail to pan out for small investors. Excluding the first day of trading, the average IPO underperforms similarly sized companies by 3.4 percentage points a year during its first five years of trading, according to Prof. Ritter’s data.
The IPO has a mixed impact on other real-estate related companies.�Realogy (RLGY) has fallen 0.2% to $43.62, while Vector Group (VGR), wh
Best Japanese Stocks To Buy For 2015: DST Systems Inc. (DST)
DST Systems, Inc. provides information processing and software services and products. The company operates in two segments, Financial Services and Customer Communications. The Financial Services segment offers various solutions primarily to the asset management, brokerage, retirement, insurance, and healthcare industries. It provides proprietary software systems, including shareowner recordkeeping and distribution support systems for the United States and international mutual fund companies, broker/dealers, and financial advisors; and a defined-contribution participant recordkeeping system for the United States retirement plan market. This segment also offers investment management systems for the United States and international investment managers and fund accountants; a business process management and customer contact system for various industries; and medical and pharmacy claims administration processing systems and services for providers of healthcare plans, third party administrators, medical practice groups, and pharmacy benefit managers. The Customer Communications Segment helps businesses deploy customer communications while improving operational performance across critical business functions, such as sales, marketing, customer service, technology, finance, operations, and compliance. This segment helps clients deliver information in the desired combination of print, digital, and archival formats. Its product offering combines data insights and analysis with business decision-making tools, and multi-channel execution and delivery designed to help businesses acquire, grow, retain, and win back customers. The company also owns and operates real estate properties, as well as has investments in equity securities, private equity funds, and other financial interests. It has operations in the United States, the United Kingdom, Canada, Australia, and internationally. DST Systems, Inc. was founded in 1968 and is based in Kansas City, Missouri.< /p> Advisors' Opinion:
- [By Vera Yuan]
��nformation processing company DST Systems, Inc. (DST) declined as the company conducted a secondary offering of common stock for a selling shareholder, Argyros Group.
- [By Rich Duprey]
Data center operator DST Systems (NYSE: DST ) will pay a second-quarter dividend of $0.30 per share, the same rate it paid last quarter after switching from a semiannual payout schedule to a quarterly one, the company announced yesterday.
Best Japanese Stocks To Buy For 2015: Stillwater Mining Company(SWC)
Stillwater Mining Company engages in developing, extracting, processing, smelting, refining, and marketing palladium, platinum, and platinum group metals (PGMs). The company conducts its mining operations at the Stillwater mine, which is located near Nye, Montana; and at the East Boulder mine located near Big Timber, Montana. It is also involved in developing Marathon, a PGM/copper property, which is located in Ontario, Canada; and exploring Altar, a copper/gold property located in San Juan, Argentina. In addition, the company operates a smelter and base metal refinery located in Columbus, Montana. Further, it recycles spent catalyst material to recover palladium, platinum, and rhodium at its smelter and base metal refinery. As of December 31, 2011, the company had proven and probable ore reserves of approximately 42.5 million tons at its Montana operations; and approximately 91.4 million tones at the Marathon development project. Stillwater Mining Company was founded in 1 992 and is headquartered in Billings, Montana.
Advisors' Opinion:- [By Eric Volkman]
Stillwater Mining (NYSE: SWC ) is now on the hunt for a new chief executive. The company announced that its current CEO, Frank McAllister, is to retire. His replacement, on an interim basis, is Terrell Ackerman, the firm's vice president of corporate development.
- [By Mani]
Outside of South Africa, only a few listed companies operate in this space, Stillwater Mining Company (NYSE:SWC) is one among them. Stillwater has steered clear of the flawed copper strategy and is now re-focused on making more of the PGM asset base.
- [By Rich Duprey]
The tit-for-tat sniping between platinum group metals miner Stillwater Mining (NYSE: SWC ) and activist shareholder Clinton Group continues after the latter rejected a settlement offer and sought to give its own interpretation of statements the miner made.
- [By Dan Caplinger]
4. Platinum-group metals
Platinum and palladium both fell sharply, losing 5% and 6% of their value, respectively. Those losses weren't as extreme as gold's, but they nevertheless represented a drop to levels not seen since late last year. The two major miners producing the white metals, Stillwater Mining (NYSE: SWC ) and North American Palladium (NYSEMKT: PAL ) , both lost more than 10% on the day.
Best Japanese Stocks To Buy For 2015: Volvo AB (VOLVY)
AB Volvo is a supplier of commercial transport solutions providing products, such as trucks, buses, construction equipment, engines and drive systems for boats and industrial applications, as well as aircraft engine components. The Company also offers its customers financial solutions. The Company operates in six segments: Trucks, Buses, Construction Equipment, Volvo Penta, Volvo Aero and Financial Services. The business units include Volvo 3P, Volvo Powertrain, Volvo Parts, Volvo Logistics, Volvo Business Services, Volvo Information Technology (IT), Volvo Real Estate and Volvo Technology. During the year ended December 31, 2009, AB Volvo acquired all shares in Volvo Logistics AB from Fortos Ventures AB. In April 2014, the Company announced that it has completed the sale of commercial real estate. In June 2014, the Company acquired Terex's hauler business.
The Company�� truck operations consist of Volvo Trucks, Renault Trucks, UD Trucks, Mack Trucks and VE Commercial Vehicles (50%) in India. The product offer stretches from heavy-duty trucks for long-haulage and construction work to light-duty trucks for distribution. Volvo Trucks, Renault Trucks, UD Trucks, Mack Trucks and Eicher offer customers a range of products and services for transports.
The Buses has a product range consisting of city and intercity buses, coaches and chassis. Volvo Buses��product line includes complete buses and bus chassis for city, intercity and coach traffic. The Company has a total offering that, in addition to buses, includes a service network, spare parts handling, service and repair contracts, financial services and traffic information systems.
The Company�� construction equipment manufactures equipment for construction applications and related industries. Volvo Construction Equipment develops, manufactures and markets equipment for construction and related industries. Its products include a range of wheel loaders, hydraulic wheeled and crawler excavators, articulated haule! rs, road machinery and a range of compact equipment.
The Company�� Volvo Penta offers engines and drives systems for leisure and commercial boats and for industrial applications, such as gensets and materials handling. Volvo Penta manufactures engines and drive systems for marine applications, for both leisure and commercial craft, with an engine range of 10 to 1,200 horse power and has a global service network with approximately 5,000 dealers. Volvo Penta also supplies industrial engines ranging from 75 kilowatts to 600 kilowatts for irrigation pumps, generator units and other application areas.
The Company�� Volvo aero offers advanced components for aircraft engines and space applications with a focus on lightweight technology for reduced fuel consumption. Volvo Aero specializes in a number of highly advanced components for aircraft engines and space rockets.
The Company�� financial services segment conducts operations in customer and dealer financing. It offers financial services, such as customer and dealer financing and other Services, such as insurance contribute to create customer value. It provides financing solutions and other services in retaining customers and attracting new ones to the Company.
The Company competes with Daimler, Paccar, Navistar, MAN, Scania, Caterpillar, Komatsu, Cummins and Brunswick.
Advisors' Opinion:- [By Rich Smith]
The Department of Defense awarded Sweden's Volvo AB (NASDAQOTH: VOLVY ) -- or more specifically, Volvo's Mack Trucks subsidiary -- a $177.5 million contract Friday for the purchase of tractor trailers.
- [By Jason Hall]
However, there are a couple of bright spots out there. First, sales of Westport's 12 liter ISX12 G, being co-built with�Cummins� (NYSE: CMI ) , are on track to meet targets for 2014 according to a number of industry experts. Sales of natural gas trucks in 2014 are expected to have grown 27% this year versus 2013. Also, part of the delay in bringing HPDI to market is Westport's shift to HPDI 2.0, and the adoption of HPDI 2.0 by development partners like�AB Volvo� (NASDAQOTH: VOLVY ) . The injector components are expected to be manufactured in Westport's venture with�Delphi Automotive� (NYSE: DLPH ) , and the costs will be less than earlier versions, helping natural gas engines be more cost-competitive with diesel.�
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