Pre-open movers
US stock futures declined in early pre-market trading, ahead of wholesale trade data. The NFIB Small Business Optimism Index for February will be released at 7:30 a.m. ET, while wholesale trade data for January will be released at 10:00 a.m. ET. Futures for the Dow Jones Industrial Average dropped 8 points to 16,405.00, while the Standard & Poor's 500 index futures fell 1.30 points to 1,875.90. Futures for the Nasdaq 100 index declined 0.25 points to 3,707.25.
5 Best Performing Stocks To Watch For 2015: Mid-Con Energy Partners LP (MCEP)
Mid-Con Energy Partners, LP, incorporated on July 27,2001, is engaged the acquisition, exploitation and development of producing oil and natural gas properties in North America, with a focus on the Mid-Continent region of the United States. It operates as one business segment engaged in the exploration, development and production of oil and natural gas properties. Its properties are located in the Mid-Continent region of the United States in three core areas: Southern Oklahoma, Northeastern Oklahoma and parts of Oklahoma and Colorado within the Hugoton Basin. Its properties primarily consist of mature, legacy onshore oil reservoirs with long-lived, relatively predictable production profiles and low production decline rates. During June 2012, it acquired properties in the Northeastern Oklahoma area and additional working interests in its existing units in the Southern Oklahoma area in separate transactions, subject to customary purchase price.
As of December 31, 2012, its total estimated proved reserves were approximately 13.1 MMBoe, of which approximately 99% were oil and 67% were proved developed, both on a Boe basis. As of December 31, 2012, it operated 99% of its properties through its affiliate, Mid-Con Energy Operating and 99% of its properties were being produced under waterflood, in each instance on a Boe basis. Its average net production for the month ended December 31, 2012 was approximately 2,376 Boe per day and its total estimated proved reserves had an average reserve-to-production ratio of approximately 15 years. It has developed approximately 53% of total proved reserves through new waterflood projects.
The Company operates approximately 99% of its properties, as calculated on a Boe basis as of December 31, 2012, through its affiliate, Mid-Con Energy Operating. All of its non-operated wells are managed by third-party operators who are typically independent oil and natural gas companies. It designs and manages the development, recompletion or workover for all of! the wells it operates and supervise operation and maintenance activities.
Southern Oklahoma
The Highlands Unit is in the SE Joiner City Field, an oil-weighted field located in Love County, Oklahoma. Production from the Highlands Unit is from the Deese formation at an average depth of approximately 8,000 feet. The Highlands Unit was formed and is operated by its affiliate, Mid-Con Energy Operating, and is being produced under waterflood. It owns 32 gross (23 net) producing, 24 gross injection (17 net) and three gross (two net) recently drilled but not completed wells in this unit with an average working interest of 71%. As of December 31, 2012, its properties in this unit were producing 947barrels of oil (Boe) per day gross, 547 Boe per day net, and contained 3,665 million barrels of oil (MBoe) of estimated net proved reserves.
The Battle Springs Unit is in the SE Joiner City Field, an oil-weighted field located in Love County, Oklahoma. Production from the Battle Springs Unit is from the Deese formation at an average depth of approximately 8,850 feet. The Battle Springs Unit was formed and is operated by its affiliate, Mid-Con Energy Operating, and is being produced under waterflood. It owns 25 gross (13 net) producing, 18 gross injection (nine net), and one gross (one net) recently drilled but not completed wells in this unit with an average working interest of 51%. As of December 31, 2012,, its properties in this unit were producing 609 Boe per day gross, 248 Boe per day net, and contained 964 MBoe of estimated net proved reserves.
The Twin Forks Unit is in the SE Joiner City Field, an oil-weighted field located in Carter County, Oklahoma. Production from the Twin Forks Unit is from the Deese formation at an average depth of approximately 7,000 feet. The Twin Forks Unit was formed and is operated by its affiliate, Mid-Con Energy Operating, and is being produced under waterflood. It owns 10 gross (seven net) producing, four gross (three net) i! njection ! and one gross (one net) recently drilled but not completed wells in this unit with an average working interest of 64%. As of December 31, 2012,its properties in this unit were producing 975 Boe per day gross, 503 Boe per day net, and contained 1,157 MBoe of estimated net proved reserves.
The Ardmore West Unit is in the Ardmore West Field, an oil-weighted field located in Carter County, Oklahoma. Production from the Ardmore West Unit is from the Deese formation at an average depth of approximately 7,200 feet. It owns four gross (four net) producing and four gross (four net) injection and 3 gross (3 net) recently drilled but not completed wells in this unit with an average working interest of 97%. As of December 31, 2012,its properties in this unit were producing 34 Boe per day gross, 26 Boe per day net, and contained 744 MBoe of estimated net proved reserves.
The Southeast Hewitt Unit is in the SE Wilson Field, an oil-weighted field located in Carter County, Oklahoma. Production from the Southeast Hewitt Unit is from the Deese formation at an average depth of approximately 6,000 feet. The Southeast Hewitt Unit is operated by its affiliate, Mid-Con Energy Operating, and is being produced under waterflood. As of December 31, 2012, its properties in this unit were producing 192 Boe per day gross, 36 Boe per day net, and contained 111 MBoe of estimated net proved reserves for this unit.
Northeastern Oklahoma
The Cleveland Field is an oil-weighted field located in Pawnee County, Oklahoma. Production from the Cleveland Field is primarily from the multiple Pennsylvanian age sands at depths from 1,000 to 2,400 feet. Approximately 1,800 gross acres in the Cleveland Field is being operated by its affiliate, Mid-Con Energy Operating. Approximately 1,000 of the total 1,800 gross acres have been acquired in the last four years. It has been actively developing its Cleveland Field leases through drilling, recompletions and workovers, resulting in increase of net prod! uction wi! thin the last two years. The majority of Mid-Con Energy Operating operated leases are produced under waterflood. It operates 118 gross (114 net) producing wells and 29 gross (27 net) injection wells in this field with an average working interest of 97%. As of December 31, 2012,, its properties in this field were producing 320 Boe per day gross, 269 Boe per day net, and contained 2,127 MBoe of estimated net proved reserves. The Cleveland Field is flooded on a lease basis and not as a unit, with the date of production response to injection varying from lease to lease.
The Cushing Field, one of the oil fields (by total historical production volume) in the United States is an oil-weighted field located in Creek County, Oklahoma. Production from the Cushing Field is primarily from multiple Pennsylvanian age sands at depths from 1,200 to 2,500 feet. Its affiliate, Mid-Con Energy Operating, operates approximately 3,360 acres in the Cushing Field, the majority of which are being produced under waterflood. It operates 79 gross (30 net) producing wells and 39 gross (14 net) injection wells in this field with an average working interest of 37%. As of December 31, 2012,its properties in this field were producing 346 Boe per day gross, 108 Boe per day net, and contained 689 MBoe of estimated net proved reserves. The Cushing field is flooded on a lease basis and not as units, with waterflood responses varying from lease to lease.
The Skiatook Waterflood Project is in the Skiatook Field, an oil-weighted field located in Osage County, Oklahoma. Production from the Skiatook Project is primarily from the Bartlesville and Burgess formations at an average depth of approximately 1,600 feet. The Skiatook Project was developed by and is operated by its affiliate, Mid-Con Energy Operating, and is being produced under waterflood. It owns 13 gross (13 net) producing and 3 gross (3 net) injection wells in this field with a working interest of 100%. As of December 31, 2012,its properties in this fi! eld were ! producing 38 Boe per day gross, 31 Boe per day net, and contained 218 MBoe of estimated net proved reserves.
Hugoton Basin
The War Party I and II Units are in the SE Guymon Field, an oil-weighted field located in Texas County, Oklahoma. Production from the War Party I and II Units is from the Cherokee formation at an average depth of approximately 5,800 feet. As of December 31, 2012, its properties in these units contained 1,275 MBoe of estimated net proved reserves. Production As of December 31, 2012, was 254 Boe per day gross, 220 Boe per day net. These are mature waterflood properties which have already reached peak production rates and where injection commenced several years prior to its acquisition.
The Harker Ranch Unit is in the Harker Ranch Field, an oil-weighted field located in Cheyenne County, Colorado. Production from the Harker Ranch Field is from the Morrow formation at an average depth of approximately 5,200 feet. The Harker Ranch Unit was formed and is operated by its affiliate, Mid-Con Energy Operating, and is being produced under waterflood. As of December 31, 2012,its properties in this unit were producing 148 Boe per day gross, 122 Boe per day net, and contained 208 MBoe of estimated net proved reserves.
The Clawson Ranch Waterflood Unit is in the North Hitchland Field, an oil-weighted field located in Texas County, Oklahoma. Production from the Clawson Ranch Waterflood Unit is from the Cherokee formation at an average depth of approximately 5,700 feet. The Clawson Ranch Waterflood Unit is operated by its affiliate, Mid-Con Energy Operating, and is being produced under waterflood. As of December 31, 2012, its properties in this unit were producing 256 Boe per day gross, 214 Boe per day net. As of December 31, 2012, the Clawson Ranch Waterflood Unit contained 1,654 MBoe of estimated net proved reserves. Proved producing and proved developed reserves represent 57% and 86%, respectively, of the total proved reserves for this unit as ! of Decemb! er 31, 2012.
Other Properties
Decker Unit is in the NW Little Field, an oil-weighted field located in Seminole County, Oklahoma. Production from the Decker Unit is from the Earlsboro formation at an average depth of approximately 3,600 feet. The Decker Unit was formed and is operated by itsaffiliate, Mid-Con Energy Operating, and is being produced under waterflood. As of December 31, 2012, its properties in this unit were producing 24 Boe per day gross, 19 Boe per day net, and contained 210 MBoe of estimated net proved reserves. As a result of ongoing response to waterflooding, proved producing and proved developed reserves represent 30% and 100%, respectively, of the total proved reserves as of December 31, 2012.
The balance of the Company�� properties, located throughout the State of Oklahoma, consist of a mix of operated and non-operated properties, none of which are under waterflood. As of December 31, 2012, its other properties contained approximately 124 MBoe of estimated net proved reserves and generated average net production of approximately 33 Boe per day for the month ended December 31, 2012.
Advisors' Opinion:- [By Elliott Gue, Editor and Publisher, The Capitalist Times]
Elliott Gue: Yeah, Mid-Con Energy, symbol (MCEP)—they produce oil. This is actually a master limited partnership, or MLP, so it's one of these kind of securities that tend to carry high yield. Currently the yield on that is around 9%, so it's well above the average for an MLP.
- [By Robert Rapier]
VNR is one of 14 companies/partnerships that are categorized as exploration and production, or ��pstream.��Other notable entries in this category include BreitBurn Energy Partners (Nasdaq: BBEP), Linn Energy (Nasdaq: LINE), Memorial Production Partners (Nasdaq: MEMP), QR Energy (NYSE: QRE), Legacy Reserves (Nasdaq: LGCY), EV Energy Partners (Nasdaq: EVEP), and Mid-Con Energy Partners (Nasdaq: MCEP).
Top 10 Managed Healthcare Companies For 2014: Viacom Inc. (VIA)
Viacom Inc. operates as an entertainment content company in the United States and internationally. The company connects with audiences through compelling content on television, motion picture, online, and mobile platforms. It operates in two segments, Media Networks and Filmed Entertainment. The Media Networks segment provides entertainment content and related branded products to advertisers, content distributors, and retailers in various distribution platforms, such as television, online, and mobile devices, as well as through consumer products. It operates approximately 200 TV channels, and digital and mobile TV properties, which include MTV, VH1, CMT, Logo, BET, CENTRIC, Nickelodeon, Nick Jr., TeenNick, Nicktoons, Nick at Nite, COMEDY CENTRAL, TV Land, SPIKE, Tr3s, Paramount Channel, VIVA, and others, as well as a casual games business that includes Web sites, such as AddictingGames.com and Shockwave.com. In addition, this segment operates BET Networks, which provide en tertainment, music, news, and public affairs programming to the African-American audience; and BET channel, CENTRIC, BET Gospel, and BET Hip Hop, as well as BET.com, an online destination that offers content and interactive features for news, music, community, culture, and other areas to African-Americans. The Filmed Entertainment segment produces, finances, and distributes motion pictures and other entertainment content under the Paramount Pictures, Paramount Vantage, Paramount Classics, Insurge Pictures, MTV Films, and Nickelodeon Movies brands. It also acquires films for distribution, as well as distributes motion pictures and other entertainment content on DVD and Blu-ray, video-on-demand, subscription video-on-demand, pay and basic cable television, broadcast television, and syndicated television platforms. This segment has a library of approximately 3,300 motion pictures and television programs. The company is headquartered in New York, New York. Viacom, Inc. (NasdaqGS :VIAB) operates independently of CBS Corporation as of Dec! ember 31, 2005.
Advisors' Opinion:- [By WWW.DAILYFINANCE.COM]
www.amazon.com Netflix (NFLX) is running away with the video streaming market. A report by Internet traffic researcher Sandvine shows that Netflix is responsible for 34.2 percent of the information superhighway's peak downstream traffic. We're not talking about more than a third of the video streaming market. We're talking about more than a third of all of the Web's downstream traffic. The only company that's even close is Amazon.com (AMZN). Amazon's Prime Instant -- the video catalog of movies and TV shows that the leading online retailer makes available to its Amazon Prime customers at no additional cost -- is slurping up 1.9 percent of the peak downstream usage. Amazon added potentially game-changing content this week. And let's not forget about the potential of its new Fire TV. Content is King On Wednesday it added content from Time Warner's (TWX) HBO -- entire runs of classic shows including "The Sopranos," "The Wire" and "Six Feet Under," alongside older episodes of current shows, including "Girls" and "Boardwalk Empire." This is a big score for Amazon, especially since HBO is unlikely to ever let Netflix get its hands on this content. HBO sees Netflix as the enemy. A lot of cable titans do. Striking content licensing deals with Netflix makes it stronger, increasing the chances of subscribers canceling their cable or satellite television plans. This could explain why Viacom (VIA) went with Amazon as a streaming outlet for some of its Nickelodeon and Comedy Central content after its deal with Netflix expired. Making Amazon's content stronger makes it less likely that a single video platform will replace pay TV subscriptions. Netflix has scored critical praise for "House of Cards" and "Orange Is the New Black," and Amazon is also beefing up its homegrown content. Last year's debut of "Alpha Dogs" and "Betas" were its first forays, but they failed to generate the buzz that Netflix has built for its exclusive programming. Now Amazon is setting its sigh
- [By WWW.DAILYFINANCE.COM]
Paul Schiraldi/Netflix/APThe second season of "Orange Is the New Black" debuts on Netflix on June 6. Binge viewing is about to get a little more expensive. True to its word, Netflix (NFLX) announced on Friday that the rate for its streaming plan will go up a buck to $8.99. Netflix is freezing rates for current members at $7.99 a month for the next two years. Netflix closed out its latest quarter with more than 35 million domestic subscribers and more than 48 million members worldwide. That's a lot of people with an incentive to stick around, but it's not as if $8.99 a month will scare potential viewers away. Netflix is still one of the best deals in premium video entertainment, and it knows it. 17.5 Channels of Quality Entertainment Letting Netflix go is easy. It's a simple service to cancel. The rub comes in finding cheaper ways to entertain oneself. Forget cable and satellite television. Those tabs can run into the triple digits, and that's with most channels going unwatched. Ratings tracker Nielsen put out a shocking metric last week, reporting that families in this country average only watch 17.5 of the 189 TV channels in their subscription plans. Yes, we're watching just 9 percent of the channels that we pay for. There are other forms of premium entertainment, of course. Time Warner's (TWX) HBO is the largest premium movie channel. It's home to "Game of Thrones," "Girls," "Veep" and a rotating slate of fresh home video releases. Subscribers have access to HBO Go, tapping the channel's vault of classic HBO shows and content for your streaming pleasure. But HBO costs nearly twice as much as Netflix. Oh, and you also need to have an existing cable or satellite television plan. HBO Go is a standalone offering in select foreign markets. Amazon.com (AMZN) has a growing catalog of streaming content that it makes available at no extra cost to members of its Amazon Prime loyalty shopping club. It can no longer be considered Netflix Lite, either, especiall
Top 10 Managed Healthcare Companies For 2014: SunTrust Banks Inc.(STI)
SunTrust Banks, Inc. operates as the holding company for SunTrust Bank, which provides various financial services in the United States. The company?s Retail Banking segment offers consumer deposits, home equity lines, consumer lines, indirect auto, student lending, bank card, and other consumer loan and fee-based products. Its Diversified Commercial Banking segment provides commercial lending, financial risk management, capital raising, commercial card, and other treasury and payment solutions; insurance premium financing; and equipment and lease financing. The company?s Commercial Real Estate segment offers construction, mini-perm, and permanent real estate financing; capital raising services; financial risk management; treasury and payment solutions; and investment advisory and management services, as well as tailored financing and equity investment solutions. Its Corporate and Investment Banking segment provides investment banking products and services, such as strate gic advice, capital raising, and financial risk management; and traditional lending, leasing, treasury management, and institutional investment management services. The company?s Mortgage segment offers residential mortgage products. Its Wealth and Investment Management segment provides brokerage, professional investment management, and trust services; family office solutions; administration and custody services; administrative and investment solutions; escrow; and investment advisory services. The company also offers mortgage banking, credit-related insurance, asset management, securities brokerage, and capital market services. SunTrust Banks, Inc. serves individuals and families; businesses; institutions; and governmental agencies through its network of traditional and in-store branches, automated teller machines, Internet, and telephone. As of December 31, 2011, the company operated 1,659 full-service banking offices. The company was founded in 1891 and is headquartered in Atlanta, Georgia.
Advisors' Opinion:- [By Jay Jenkins]
For the big banks, the gap was greatest and overall scores were generally lower. It seems that battered institutions like Citigroup (NYSE: C ) and Bank of America� (NYSE: BAC ) are still trapped in the mud of 2007 and 2008. Regional banks contrast that, though, with banks like Huntington Bancshares� (NASDAQ: HBAN ) and Suntrust (NYSE: STI ) scoring higher and with less of a gap between customers and non customers.
Top 10 Managed Healthcare Companies For 2014: Regeneron Pharmaceuticals Inc.(REGN)
Regeneron Pharmaceuticals, Inc., a biopharmaceutical company, discovers, develops, and commercializes pharmaceutical products for the treatment of serious medical conditions in the United States. The company?s commercial product includes ARCALYST (rilonacept) injection for subcutaneous use for the treatment of cryopyrin-associated periodic syndromes, including familial cold auto-inflammatory syndrome and muckle-wells syndrome in adults and children. Its products under Phase III clinical development stage consist of VEGF Trap-Eye, an aflibercept ophthalmic solution developed using intraocular delivery for the treatment of serious eye diseases; ARCALYST for the prevention of gout flares in patients initiating uric acid-lowering treatment; and Aflibercept (VEGF Trap), which is developed in oncology. The company?s earlier stage clinical programs include various human antibodies, such as REGN727 for low-density lipoprotein cholesterol reduction, REGN88 for rheumatoid arthritis and ankylosing spondylitis; REGN668 for atopic dermatitis and asthma; REGN421 and REGN910 for oncology; REGN475 for the treatment of pain; and REGN728 and REGN846. It also conducts preclinical research programs in the areas of oncology and angiogenesis, ophthalmology, metabolic and related diseases, muscle diseases and disorders, inflammation and immune diseases, bone and cartilage, pain, cardiovascular diseases, and infectious diseases. The company distributes its products through third party service providers. It has strategic collaboration with sanofi-aventis Group to discover, develop, and commercialize human monoclonal antibodies; and Bayer HealthCare LLC to develop and commercialize VEGF Trap. Regeneron Pharmaceuticals, Inc. was founded in 1988 and is based in Tarrytown, New York.
Advisors' Opinion:- [By Grace L. Williams]
You�� hardly know biotech Regeneron Pharmaceuticals (REGN) reported a mixed first quarter this morning. Although the stock is down now, shares popped earlier, trading up as much as 1.8% around 10:30 a.m. before simmering down.
For the period ended March 31, Regeneron reported earnings of $2.26 a share or $263 million, up from $1.78 or $201 million year-over-year. Revenue rose to $626 million compared to $440 million. Analysts polled by Thomson Reuters most recently forecast earnings of $2.20 a share, on sales of $610 million. The big downer: Disappointing sales of Regeneron’s eye treatment, Eylea.
Citigroup analyst Yaron Werber, however, calls the weak sales a temporary setback and considers weakness in Regeneron a buying opportunity. He explains why:
Eylea sales were a miss at $356 million versus our $409 million and Consensus $404 million, impacted by a decrease in distributor inventory and typically weak first quarter. Unit demand for Eylea grew by 25% year-over-year excluding inventory. The guidance was re-affirmed and we expect sales to bounce back in the second quarter and benefit from DME approval in the third quarter of 2014…This quarter was anticipated to be weak and any weakness in the stock provides an entry point ahead of a robust year of data for Alirocumab and dupilumab, ongoing strong ex-US launch of Eylea and expected approval in DME in the US by August 18th.
Shares of Regeneron have dropped 1.7% to $281.81 at 3:116 p.m. The iShares Nasdaq Biotechnology ETF (IBB) has fallen 2% to $222.94, while the SPDR S&P Biotech ETF (XBI) has slid 3.8% to $120.
- [By Ben Levisohn]
Shares of Regeneron Pharmaceuticals (REGN) have fallen 4.4% to $323.62 at 3:23 p.m., while�Biogen�(BIIB) has dropped 4% to $327.04 and�Gilead Sciences (GILD) has dipped 0.4% to $79.58. The iShares Nasdaq Biotechnology Index ETF�(IBB), meanwhile, has dropped 0.9% to $258.85 and the SPDR S&P Biotech ETF�(XBI) has declined 0.6% to $160.69. Suffice it to say, biotech investors don’t appear to be enjoying zero-G nearly as much as Kate Upton.
- [By Ben Levisohn]
Gilead has gained 0.5% to $60.58 today, while Celgene has risen 1.5% to $142.13 and Biogen has advanced 3.8% to $221.1. Medivation is up 1.9% to $57.60. Biogen and Regeneron (REGN), which has gained 6% to $256.71, are two of the three-best performers in the S&P 500 today.
Top 10 Managed Healthcare Companies For 2014: Acciona SA (ANA)
Acciona SA is a Spain-based holding company active in the construction and engineering industry. It is engaged in renewable energy, water services and infrastructure sectors.The Company operates through six business areas; Infrastructure involves the construction, engineering and transportation, as well as hospital concessions; Real Estate is active in the development of real estate properties and parking lot operations; Energy involves the generation, distribution and sale of energy; Transportation and Logistics Services provides integrated transport services for passengers and cargo; Environmental and Urban Services is engaged in activities related to services in the urban scope and environment protection, such as the execution of all types of activities in the water supply; Other Activities is engaged in the provision of services related to funds management and financial intermediation, as well as wine production, among others. Advisors' Opinion:- [By Sarah Jones]
Iberdrola SA (IBE), Spain�� biggest power company, fell 3.4 percent to 3.87 euros. Endesa SA (ELE) slumped 4.6 percent to 16 euros, while Acciona SA (ANA), which owns more than 4 gigawatts of wind farms in the country, tumbled 8.5 percent to 37.95 euros. Red Electrica Corp. slid 7.5 percent to 38.34 euros.
Top 10 Managed Healthcare Companies For 2014: Proto Labs Inc (PRLB)
Proto Labs, Inc. (Proto Labs), incorporated in 1999, is an online and technology-enabled quick-turn manufacturer of custom parts for prototyping and short-run production. Proto Labs provides Real Parts, Really Fast to product developers worldwide. The Company utilizes computer numerical control (CNC), machining and injection molding to manufacture custom parts for its customers. The Company focuses its services to the millions of product developers who use three-dimensional computer-aided design (3D CAD), software to design products across a diverse range of end-markets. The Company has established its operations in the United States, Europe and Japan, three of the geographic markets where these product developers are located. Its manufacturing services include CNC machining and plastic injection molding. In August 2013, Proto Labs, Inc. purchased the Plymouth Industrial Building at 2600 Niagara Lane, Plymouth, MN.
Proto Labs has developed software and advanced manufacturing processes that automate much of the skilled labor conventionally required in quoting, production engineering and manufacturing custom parts. The Company�� Firstcut and Protomold services offer many product developers the ability to outsource their low-volume, quick-turn custom parts manufacturing. Its Firstcut service uses commercially-available CNC machines to cut blocks of material into one or more custom parts based on the 3D CAD model uploaded by the product developer. The Firstcut service is well suited to produce small quantities, typically in the range of one to ten parts. Its Protomold service uses its 3D CAD-to-CNC machining technology for the automated design and manufacture of aluminum injection molds, which are then used to produce custom injection-molded plastic parts on commercially-available equipment. Its Protomold service is used for both prototype and short-run production.
Advisors' Opinion:- [By Paul Ausick]
We have tracked the key short interest changes as of September 13 in the following 3D printer and services companies: 3D Systems Inc. (NYSE: DDD), Stratasys Ltd. (NASDAQ: SSYS), The ExOne Co. (NASDAQ: XONE) and Proto Labs Inc. (NYSE: PRLB).
- [By Harry Boxer]
HARRY: It is. More than 10 years, I visited 3-D systems and saw a demo, and it was like whoa. They weren’t even public then. Of late, SSYS (Stratasys), Proto Labs (PRLB), EX1; those are the four big ones in the industry. There is a little buy-out tech company called Orvganovo (ONVO) that is now bio-printing organs for testing.
Top 10 Managed Healthcare Companies For 2014: VirnetX Holding Corp(VHC)
VirnetX Holding Corporation engages in developing and commercializing software and technology solutions for securing real-time communications over the Internet. Its software and technology solutions, which include secure domain name registry and GABRIEL Connection Technology, facilitate secure communications and create a secure environment for real-time communication applications, such as instant messaging, voice over Internet protocol, smart phones, eReaders, and video conferencing. The company focuses on commercializing its technology to original equipment manufacturers within the IP-telephony, mobility, fixed-mobile convergence, and unified communications markets. VirnetX Holding Corporation was founded in 2005 and is headquartered in Scotts Valley, California.
Advisors' Opinion:- [By Richard Lomas]
Further declines in profit margins will most likely cause further declines in share price. One key upcoming event could have a significant impact on Apple's profit margin, the setting of a royalty rate for Apple's products that infringe on Virnetx (VHC) patents. Apple was sued by Virnetx for infringing on its data security patents with the trial concluding in November, 2012, with a Virnetx victory. After many motions and negotiations no settlement has been reached between Virnetx and Apple. Judge Davis is expected to rule shortly (probably within the next two weeks) on a royalty rate for the offending products. The royalty rate could be set anywhere between .5% to 1.5% and possibly even more. As this royalty rate will apply to all infringing products, (iPhone, iPad, and others supporting Face Time and iMessage), this will have a direct effect on Apple's profit margin which will also impact stock price.
- [By Dan Caplinger]
One unexpected positive piece of news for Cisco came in March, when it won a court battle against VirnetX (NYSEMKT: VHC ) . A jury finding that Cisco hadn't infringed on any VirnetX patents potentially saved Cisco hundreds of millions of dollars in damages or settlement payments, despite the fact that most analysts had expected VirnetX to win as it had in previous cases with similar facts. VirnetX still has remedies to pursue, but the news puts Cisco in a strong position going forward.
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