Bartenders, cooks, cashiers, security workers, cleaning crews, ticket-takers and thousands of other game-day workers are scheduled to pull super-long shifts serving the more than 80,000 fans who'll pack the stadium this Sunday.
Some will arrive before dawn and won't set foot outside the East Rutherford, N.J., stadium until well past midnight.
Management company Delaware North Sportservice, which oversees food concessions and retailing at the stadium, employs about 3,000 of those who will be on duty.
"For most of them, this will be the longest day by far," says Bill Lohr, stadium general manager for Delaware North.
He's met with workers ages "18 to 70 and beyond," to motivate them for the busy day. "I tell them this one is different," he says. "I tell them I've done every big event, and this is a once-in-a-career opportunity."
Best Solar Stocks To Buy For 2015: iShares MSCI Mexico Investable Market Index Fund (EWW)
iShares MSCI Mexico Index Fund (the Fund) seeks to provide investment results that correspond generally to the price and yield performance of publicly traded securities in the aggregate in the Mexican market, as measured by the MSCI Mexico Index (the Index). The Index seeks to measure the performance of the Mexican equity market. The Index is a capitalization-weighted index that aims to capture 85% of the (publicly available) total market capitalization. Component companies are adjusted for available float and must meet objective criteria for inclusion in the Index. The Index is reviewed quarterly.
The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index. The Fund�� investment advisor is Barclays Global Fund Advisors.
Advisors' Opinion:- [By Daniel Cross]
A broad-based investment into the Mexican economy either through the iShares MSCI Mexico Investable Market Index (NYSE: EWW) or the Mexico Fund (NYSE: MXF) -- a favorite of StreetAuthority analyst Amy Calistri -- are good ways to establish a position. These funds not only have exposure to the manufacturing sector, but also to energy, health care and media -- sectors that are benefiting from political reforms and a growing Mexican middle class. The Mexico Fund has a powerful incentive for investors as well in the form of a hefty 10% dividend.
Top 5 Gas Utility Stocks To Buy Right Now: Altra Holdings Inc.(AIMC)
Altra Holdings, Inc., through its subsidiary, Altra Industrial Motion, Inc., designs, produces, and markets a range of mechanical power transmission and motion control products worldwide. The company provides industrial clutches and brakes for elevators, forklifts, lawn mowers, oil well draw works, punch presses, and conveyors; open and enclosed gearing products for conveyors, ethanol mixers, packaging machinery, and metal processing equipment; and engineered couplings for extruders, turbines, steel strip mills, and pumps. It also offers engineered bearing assemblies for cargo rollers, seat storage systems, and conveyors; power transmission components for conveyors, lawn mowers, and machine tools; and engineered belted drives for pumps, sand and gravel conveyors, and industrial fans. The company sells its products under the Warner Electric, Boston Gear, TB Wood?s, Kilian, Nuttall Gear, Ameridrives, Wichita Clutch, Formsprag Clutch, Bibby Transmissions, Stieber, Matrix, In ertia Dynamics, Twiflex, Industrial Clutch, Huco Dynatork, Marland Clutch, Delroyd, Warner Linear, and Bauer Gear Motor brands through its sales force, industrial distributors, and independent sales representatives. It serves aerospace, energy, food processing, general industrial, material handling, mining, petrochemical, transportation, and turf and garden markets. The company is headquartered in Braintree, Massachusetts.
Advisors' Opinion:- [By Seth Jayson]
When judging a company's prospects, how quickly it turns cash outflows into cash inflows can be just as important as how much profit it's booking in the accounting fantasy world we call "earnings." This is one of the first metrics I check when I'm hunting for the market's best stocks. Today, we'll see how it applies to Altra Holdings (Nasdaq: AIMC ) .
Top 5 Gas Utility Stocks To Buy Right Now: Ashland Inc. (ASH)
Ashland Inc. operates as a specialty chemicals company in the United States and internationally. Its Ashland Aqualon Functional Ingredients segment produces cellulose ethers; and specialty additives and functional ingredients. Its products offer functionality, such as thickening and rheology control; water retention; adhesive strength; binding power; film formation; protective colloid, suspending, and emulsifying action; foam control; and pH stability. The company?s Ashland Hercules Water Technologies segment manufactures papermaking chemicals and supplies specialty chemicals. It offers sizing agents, wet/dry strength additives, and crepe and release additives for tissue manufacturing; and deposit control agents, defoamers, biocides, and other process additives. This segment also provides specialized chemicals and consulting services for the utility water treatment; and performance-based feed and control systems; and monitoring devices and remote system surveillance. Its A shland Performance Materials segment manufactures and supplies specialty chemicals and customized services to the building and construction, transportation, metal casting, packaging and converting, and marine markets. It also offers unsaturated polyester and vinyl ester resins, and gelcoats; adhesives and specialty resins; and metal casting consumables and design services. The company?s Ashland Consumer Markets segment produces and markets packaged automotive lubricants, chemicals, appearance products, antifreeze, and filters to the private passenger car, light truck, and heavy duty markets. It also operates a quick-lube franchise under the name of Valvoline Instant Oil Change. The company was founded in 1918 and is headquartered in Covington, Kentucky.
Advisors' Opinion:- [By Shauna O'Brien]
Jefferies reported on Thursday that it has cut its rating on chemical company Ashland Inc. (ASH).
The firm has downgraded ASH from “Buy” to “Hold,” and has lowered the company’s price target from $104 to $97. This price target suggests a 9% upside from the stock’s current price of $88.47.
Analyst Laurence Alexander commented: “Investor confidence in the asset shuffling thesis may not withstand 2-3 more rounds of downward revisions to EPS and FCF forecasts for 2014E-2016E.”
“Pension headwinds, incentive comp, Valvoline marketing expenses, sluggish end markets: in our view, it all adds up, and makes further multiple expansion more difficult.”
Looking ahead, the firm has reduced estimates for the fourth quarter from $1.70 to $1.59 per share. For FY2013, earnings estimates have been lowered from $6.25 to $6.15 per share. FY2014 estimates have been cut from $7.45 to $6.75 per share.
Ashland shares were mostly flat during pre-market trading Thursday. The stock is up 10% YTD
Top 5 Gas Utility Stocks To Buy Right Now: MarketAxess Holdings Inc (MKTX)
MarketAxess Holdings Inc. (MarketAxess), incorporated on April 11, 2000, operates an electronic trading platform that allows investment industry professionals to trade corporate bonds and other types of fixed-income instruments. The Company�� over 1000 active institutional investor clients (firms that executed at least one trade in the United States or European fixed-income securities through its electronic trading platform, during the year ended December 31, 2012) include investment advisers, mutual funds, insurance companies, public and private pension funds, bank portfolios, broker-dealers and hedge funds. The Company�� 87 broker-dealer, market-maker clients provide liquidity on the platform and include most of the broker-dealers in global fixed-income trading. Through its Corporate BondTicker service, MarketAxess provides fixed-income market data, analytics and compliance tools that help its clients make trading decisions. In addition, it provides Financial Information eXchange (FIX) message management tools, connectivity solutions and ancillary technology services that facilitate the electronic communication of order information between trading counterparties. The Company�� revenues are primarily generated from the trading of the United States high-grade corporate bonds. In March 2013, it announced acquisition of Xtrakter Limited.
The majority of the Company's revenues are derived from monthly distribution fees and commissions for trades executed on its platform that are billed to its broker-dealer clients on a monthly basis. The Company also derives revenues from technology products and services, information and user access fees, investment income and other income. During 2012, the Company�� broker-dealer clients accounted for approximately 95% of the underwriting of newly-issued United States corporate bonds and approximately 72% of the underwriting of newly issued European corporate bonds. MarketAxess�� electronic trading platform provides access to the liquidity provide! d through the participation on its platform of 87 broker-dealer market making clients, including all of the broker-dealers in global fixed-income trading, and over 1000 active institutional investor firms. In addition to services directly related to the execution of trades, the Company offers its clients several other services, including information services, straight-through processing, and technology products and services. MarketAxess offers Application Programming Interface (API) services to its broker-dealer clients for pre-trade, trade negotiation and post-trade services.
The United States High-Grade Corporate Bonds
The United States corporate bond market consists of three categories of securities: investment-grade debt (so-called high-grade); debt rated below investment-grade (so-called high-yield), and debt convertible into equity (so-called convertible debt). The Company�� United States high-grade corporate bond business consists of the United States dollar-denominated, investment-grade debt issued by corporations for distribution in the United States. Both domestic and foreign institutional investors have access to the United States high-grade corporate bond trading on its electronic trading platform. During 2012, its broker-dealer clients accounted for approximately 95% of the underwriting of newly-issued the United States corporate bonds. The Company offers its institutional investor clients access to a range of inventory of the United States high-grade corporate bonds, which is provided and updated daily by its broker-dealer clients.
Eurobonds
The European high-grade corporate bond market consists of a range of products, issuers and currencies. MarketAxess Europe Limited, its wholly owned subsidiary, offers European secondary trading functionality in the United States dollar- and Euro-denominated European corporate bonds to its broker-dealer and institutional investor clients. The Company also offers its clients to trade in other European! high-gra! de corporate bonds, including bonds issued in Pounds Sterling, floating rate notes, European government bonds and bonds denominated in non-core currencies. In the Eurobond credit market, defined as including European high-grade, high yield and government bonds, 23 broker-dealers utilize the Company�� platform.
Emerging Markets Bonds
Emerging markets bond market includes the United States dollar, Euro or local currency denominated bonds issued by sovereign entities or corporations domiciled in a developing country. These issuers are located in Latin America, Asia, or Central and Eastern Europe. The agency bond market includes debt issued by a United States government-sponsored enterprise. 59 of the Company�� United States broker-dealer clients use its platform to trade emerging markets bonds. During 2011, 414 institutional investor clients utilized its electronic trading platform to trade emerging markets bonds. These institutional investor clients are located in the United States and Europe. MarketAxess also allows its institutional investor clients to transact Euroclear-eligible local currency denominated bonds issued by sovereign entities or corporations in countries that include Argentina, Brazil and Mexico.
Crossover and High-Yield Bonds
59 of the Company�� United States broker-dealer clients use its platform to trade crossover and high-yield bonds. Trading in crossover and high-yield bonds uses many of the same features available in its United States high-grade corporate bond offering.
Agency Bonds
41 of the Company�� United States broker-dealer clients use its platform to trade agency bonds. Trading in agency bonds uses many of the same features available in the Company�� United States high-grade corporate bond offering.
Credit Default Swaps
MarketAxess offers trading on its platform for CDS indices and single-names in both the United States and Europe through its traditional RFQ proto! col. Nine! of the Company�� broker-dealer clients are providing streaming, executable CDS index prices. In addition, it incorporated the request-for-market protocol and the streaming markets/click-to-trade protocol into an updated single-screen user interface, giving clients their means of execution.
Asset-Backed Securities
12 of its United States broker-dealer clients use its platform to trade asset-backed securities. Trading in asset-backed securities uses many of the same features available in the Company�� United States high-grade corporate bond offering.
Preferred Securities
17 of the Company�� United States broker-dealer clients use its platform to trade preferred securities. Trading in preferred securities uses many of the same features available in its United States high-grade corporate bond offering.
Corporate BondTicker
Corporate BondTicker provides TRACE data and enhances it with MarketAxess trade data and analytical tools to provide professional market participants with a set of corporate bond price information. The data include trade time and sales information, including execution prices, as well as MarketAxess-estimated, spread-to-Treasuries, for trades disseminated by the TRACE system. The data also include actual execution prices and spread-to-Treasury levels for United States high-grade corporate bond trades executed on the MarketAxess platform. Corporate BondTicker is integrated directly into the MarketAxess electronic trading platform and can be accessed, either when viewing securities inventory or when launching an inquiry. Corporate BondTicker is also available through the Internet for non-trading professional market participants, including, among others, research analysts and rating agencies, who can log in and access the information via an easy-to-use browser-based interface.
The Company provides Corporate BondTicker as an ancillary service to its trading clients and also to other industry parti! cipants. ! It derives revenues from its Corporate BondTicker service by charging for seat licenses per user at its broker-dealer and institutional investor clients, through distribution agreements with other information service providers and through bulk data sales to third parties. The Company also offers a set of reports designed to review and monitor credit trading activity for institutional investor clients. Its compliance product provides a printed history of each inquiry submitted through the MarketAxess trading platform.
Technology Services
Through MarketAxess�� Greenline Financial Technologies, Inc. (Greenline) subsidiary, it provides integration, testing and management solutions for FIX-related products and services. The FIX protocol is a messaging standard developed for the electronic exchange of securities transaction information. It also provides technology consulting and customized development services to its clients. In addition, the Company provides gateway adapters to connect order management and trading systems to fixed-income trading venues.
The Company competes with Thomson TradeWeb, Bloomberg and The New York Stock Exchange
Advisors' Opinion:- [By Alex Dumortier, CFA]
MarketAxess (NASDAQ: MKTX ) published its third-quarter results�(link opens a PDF) this morning, and as the following table shows, the numbers were disappointing -- by Wall Street's standards. The fixed-income trading platform missed on both revenues and earnings per share. Those misses have short-term investors spooked today, and shares are down around 5.5%. Long-term investors, on the other hand, ought to be a little more sanguine. I don't see any signs that the business franchise is impaired, and, although investors will need to continue monitoring potential competitors and, particularly, structural developments in the bond markets, the latest set of results are well within the bounds of normal business fluctuations.
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