U.S. crude oil supplies increased 0.3 million barrels (0.08%) for the week ending June 14, according an Energy Information Administration (EIA)�report�(link opens a PDF) released today.
After increasing 2.5 million barrels�the previous week, these newest numbers put oil supplies slightly closer to reaching late May's record highs. This latest bump was fueled by an increase in imports, up 586,000 barrels per day (bpd) from the previous week.
Source: EIA.gov.
Gasoline inventories eased up a slight 0.2 million barrels after increasing 2.7 million barrels the week before. Demand for motor gasoline is down a seasonally adjusted 0.4% over the last four weeks, and supplies remain "above the upper limit of the average range."
After rising less than a cent the previous week, pump prices fell $0.029 to a national average of $3.626 per gallon. Compared to the same time last year, consumers are paying an average $0.093 more per gallon.
10 Best Rising Stocks For 2015: Silver Mines Ltd(SVL.AX)
Silver Mines Limited engages in the exploration and development of minerals, primarily silver in Australia. The company primarily focuses on exploring and developing its silver-rich polymetallic assets in the New England region of northern New South Wales, Australia, as well as copper, zinc, and lead. Its principal project includes the Webbs Silver Project. Silver Mines Limited is based in Sydney, Australia.
10 Best Rising Stocks For 2015: Baltic Trading Limited (BALT)
Baltic Trading Limited engages in shipping business in the dry bulk industry spot market worldwide. The company operates a fleet of dry bulk ships that transport iron ore, coal, grain, steel products, and other dry bulk cargoes. Its fleet consists of 2 Capesize vessels, 4 Supramax vessels, and 3 Handysize vessels with an aggregate carrying capacity of approximately 672,000 deadweight tons. The company charters its vessels to trading houses, including commodities traders, as well as producers and government-owned entities. Baltic Trading Limited was founded in 2009 and is based in New York, New York.
Advisors' Opinion:- [By Tim Melvin]
Baltic Trading (BALT) got slammed by 17% last week as the Baltic Dry Index continued its decline. The global recovery is going to have fits and starts and the sector will be quite volatile. Baltic Trading works in the spot market for cargo like iron ore, coal, grain, and steel products so the stock price will likely jump around with the BDI reading.
Top Cheap Companies To Invest In Right Now: Hudson Highland Group Inc.(HHGP)
Hudson Highland Group, Inc. provides specialized professional-level recruitment and related talent solutions worldwide. The company provides permanent recruitment services; and contract consulting services, including project management, interim management, and professional contract staffing services. It also offers legal eDiscovery services, such as eDiscovery solutions, which provide information management solutions for transaction and regulatory actions; managed document review comprising logistical deployment, project management, process design and productivity management; and contract attorney staffing services. In addition, the company provides recruitment process outsourcing services, which include complete recruitment outsourcing, project-based outsourcing, contingent workforce solutions, and recruitment consulting; and talent management services, such as talent assessment, interview training, executive coaching, employee development, and outplacement. It serves sma ll to large-sized corporations and government agencies in the Americas, the Asia Pacific, and Europe. The company was founded in 2003 and is based in New York, New York.
10 Best Rising Stocks For 2015: Washington Banking Company(WBCO)
Washington Banking Company operates as the bank holding company for Whidbey Island Bank that provides community commercial banking services in northwestern Washington. Its deposit products include interest-bearing demand and money market accounts, saving deposits, time deposits, NOW accounts, and noninterest-bearing demand deposits. The company?s portfolio of loans comprises secured and unsecured commercial loans for working capital and expansion; real estate mortgage loans, including one-to-four family residential and commercial real estate loans; and real estate construction loans, such as commercial real estate, one-to-four family residential construction, and speculative construction loans. Its consumer loan portfolio include automobile loans, boat and recreational vehicle financing, home equity and home improvement loans, and other secured and unsecured personal loans, as well as SBA guaranteed loans for small and medium sized businesses. In addition, the company pro vides non-deposit managed investment products and services, and sweep investment options. As of December 31, 2010, it operated 30 branches in 6 counties located in northwestern Washington. The company was founded in 1996 and is based in Oak Harbor, Washington.
Advisors' Opinion:- [By Eric Volkman]
Washington Banking (NASDAQ: WBCO ) is diverting some of its capital to repurchase its own stock. The company announced that its board has authorized a buyback program for up to 775,000 shares. The program is expected to continue through the end of 2014, although the firm stressed that it "is under no obligation to repurchase a specific number or dollar amount of shares and the repurchase program may be discontinued at any time."
10 Best Rising Stocks For 2015: Accelr8 Technology Corporation(AXK)
Accelr8 Technology Corporation focuses on the research and development, and commercialization of proprietary surface chemistry formulation and quantitative bio-analytical measurement instruments. The company is developing BACcel system, a rapid diagnostic platform for diagnosis in life-threatening bacterial infections. It also develops and licenses OptiChem surface coatings for use in microarraying components. The company was founded in 1982 and is based in Denver, Colorado.
10 Best Rising Stocks For 2015: Steamships Trading Company Ltd(PNG)
Steamships Trading Company Limited operates as a diverse trading conglomerate in Papua New Guinea. It involves in shipping, road transport, product manufacture, property, hotels, and information technology businesses. The company?s shipping business includes operation of a fleet of coastal vessels, and providing estuarine and river trades in the Gulf and Western Provinces; short and long term vessel charters, and cargo liner services using vessels ranging from 500DWT to 6000DWT; and stevedoring and shipping agency services. Its road transport business comprises general transport, fuel distribution, and long haul transport services; and customs clearance, handling equipment hire, integrated logistics, and specialist transportation services. Steamships Trading Company?s product manufacture business includes the production and distribution of food stuff comprising ice cream, vegetable oils, condiments, and seasonings; health and beauty goods; and spirits and premixed drinks , as well as involves in distributing imported wines and spirits. Its property business comprises residential, commercial, and industrial property development and leasing activities. The company?s hotel business engages in operating hotels. Its information technology business provides business-critical ICT consulting, solutions and services, IT outsourcing, business process outsourcing, Internet services, electronics and computer retail, and training and wide-ranging technical support. The company was founded in 1924 and is based in Port Moresby, Papua New Guinea. Steamships Trading Company Limited is a subsidiary of John Swire & Sons (PNG) Limited.
Advisors' Opinion:- [By Aaron Levitt]
And more could be in store. PAA has just agreed to swallow its former natural gas storage spinoff PAA Natural Gas Storage (PNG) in a $1.41 billion deal that will instantly be accretive to PAA shareholders. Meanwhile, Plains continues to build new capacity and crude-by-rail services in key refining markets like California.
- [By Jon C. Ogg]
Plains All American Pipeline L.P. (NYSE: PAA) was maintained as Outperform with a $64 price target (versus $51.44 current) after its announced acquisition of affiliated PAA Natural Gas Storage L.P. (NYSE: PNG) in an all-stock buyout.
10 Best Rising Stocks For 2015: Tengion Inc.(TNGN)
Tengion, Inc., a regenerative medicine company, focuses on discovering, developing, manufacturing, and commercializing a range of neo-organs to address unmet medical needs in urologic, renal, gastrointestinal, and vascular diseases and disorders. The company creates these human neo-organs from a patient?s own cells or autologous cells, in conjunction with its Organ Regeneration Platform. Its principal product candidates include Neo-Urinary Conduit, a Phase I clinical trial product to replace the use of bowel tissue in bladder cancer patients requiring a non-continent urinary diversion after bladder removal surgery or cystectomy. The company also develops Neo-Bladder Augment, a Phase II clinical trial product for the treatment of neurogenic bladder resulting from spina bifida in pediatric patients, as well as neurogenic bladder resulting from spinal cord injury in adult patients; Neo-Bladder Replacement to serve as a functioning bladder, eliminating the need for an ostomy bag, for patients who have their bladders removed due to cancer; and Neo-Kidney Augment to prevent or delay dialysis by increasing renal function in patients with advanced chronic kidney disease. In addition, it is involved in developing Neo-GI Augment, a gastrointestinal development program; and Neo-Vessel Replacement, which targets various blood vessel applications consisting of vascular access grafts, arterio-venous, and shunts for patients with ESRD (end stage renal disease) undergoing hemodialysis treatment, as well as for vessel replacement for patients undergoing coronary or peripheral artery bypass procedures. The company was founded in 2003 and is headquartered in Winston-Salem, North Carolina.
10 Best Rising Stocks For 2015: CarMax Inc(KMX)
CarMax, Inc., through its subsidiaries, operates as a retailer of used vehicles in the United States. It also sells vehicles that do not meet its retail standards to licensed dealers through on-site wholesale auctions, as well as sells new vehicles under franchise agreements. In addition, the company provides customers financing alternatives through its finance operation, CarMax Auto Finance, as well as through its third-party financing providers. Further, it offers a range of other related products and services, including the sale of extended service plans, guaranteed asset protection, and accessories; the appraisal and purchase of vehicles directly from consumers; and vehicle repair services. As of December 21, 2011, the company operated 107 used car superstores in 52 markets. CarMax, Inc. was founded in 1993 and is headquartered in Richmond, Virginia.
Advisors' Opinion:- [By Anora Mahmudova]
Shares of CarMax Inc. (KMX) �fell 9.4% after the used-car seller�� third-quarter profit missed Wall Street�� expectations. Profits rose to $106.5 million, or 47 cents a share, from $94.7 million, or 41 cents a share, in the year-ago period. Revenue rose to $2.9 billion from $2.6 billion.
- [By Rex Moore]
In this installment of Investor Beat, Motley Fool analysts Matt Koppenheffer and Jason Moser explain why they're keeping a close eye on shares of CarMax (NYSE: KMX ) and Facebook (NASDAQ: FB ) .
- [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 CarMax (NYSE: KMX ) .
- [By Ben Eisen and Saumya Vaishampayan]
Shares of CarMax (KMX) �took a beating, finishing down 9.4% for the worst loss among S&P 500 components. The used-car seller said Friday its third-quarter profit rose to $106.5 million, or 47 cents a share, from $94.7 million, or 41 cents a share, in the year-ago period. Revenue rose to $2.9 billion from $2.6 billion. The company�� per-share profit missed expectations of 48 cents a share.
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