After-Hours Stocks Movers 11/25: (VEEV) (BLOX) (ADI) Higher; (VNET) (CTRP) (PWRD) Lower (more…)

21Vianet Group (NASDAQ: VNET) 14.5% LOWER; reported Q3 EPS of RMB0.54 (US$ 0.09), RMB0.04 better than the analyst estimate of RMB0.50. Revenue for the quarter came in at RMB778.5 million ( (US$ 126.8 million) versus the consensus estimate of RMB774.3 million. For the fourth quarter of 2014, the Company expects net revenues to be in the range of RMB812 million to RMB848 million, representing approximately 61% growth year over year at the mid point.

Veeva Systems (NYSE: VEEV) 7.4% HIGHER; reported Q3 EPS of $ 0.09, $ 0.01 better than the analyst estimate of $ 0.08. Revenue for the quarter came in at $ 83.8
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Seadrill Ltd.: My Game Plan For Tomorrow

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NGVC Poised to Stage a Turnaround?

Natural Grocers Stock Poised to Stage a Turnaround?

By Richard Robinson, Ph.D., Equities Analyst

Friday’s stock session saw solid gains across the board on news that China cut a key interest rate for the first time in two years.

But not all the action on Friday was based on lower Chinese rates…

Shares of Natural Grocers by Vitamin Cottage, Inc. (NGVC) soared by 19.6%, or $ 3.80 per share.

NGVC closed the day at $ 23.15 with more than 590,000 shares changing hands. This compares to the company’s average trading volume of 112,000 shares.

The spike was good news to investors who have witnessed a per-share price decline of 54.4% before Friday’s move.

Shareholders Getting Crushed: NGVC Year-to-Date Performance

Still, there are two reasons why I believe investors should take a closer look at this Lakewood, Colorado-based operator of 84 natural and organic grocery stores in 14 states.

Strong Financials Go a Long Way

On Thursday, Natural Grocers by Vitamin Cottage released its fourth-quarter results, which showed a profit of $ 3.2 million for the quarter – a 43.1% improvement over Q4 2013 results.

This represents a per-share profit of $ 0.14, which topped analysts’ expectations of a $ 0.13-per-share increase.

Fourth-quarter net sales were $ 135.7 million, an increase of $ 20.5 million over the fourth-quarter results for 2013 – a 17.8% improvement.

For the year, net sales increased to $ 520.7 million, an increase of 20.9% over the $ 430.7 million reported for FY 2013.

While new store sales amounted to $ 16.3 million, comparable same store sales saw increases, too, rising $ 4.3 million, or 3.7%.

This means same store sales showed an annualized increase of 5.6% for FY 2014, driven by a 1.4% increase in daily average transaction count and a 2.3% increase in transaction size.

Gross profits for the company increased 15.7% in Q4 2014, all the while the company’s gross margin decreased slightly from 29.1% to 28.6% due to higher leasing costs at newer stores.

However, the company’s gross margin is still 24.3% better than its sector average.

Finally, net income for the company increased 27.7% to $ 13.5 million with diluted earnings per share of $ 0.60 in FY 2014.

Short Squeeze Imminent?

Natural Grocers is one of the most shorted stocks on the Russell 3000.

According to Nasdaq, the company has a short interest of 2,200,675 shares against an average share volume of 84,475, which translates to 25.1 days to cover. That is, the total number of trading days it would take to close out open short positions if every share being traded represented only short positions.

You see, when shorts cover, there’s an increase in buying activity. This increased activity has the effect of pushing share prices higher until the price reaches equilibrium – where enough sellers come forward to close all open short positions.

This means a short squeeze could push share prices significantly higher in the near term.

But wait, it gets better…

NGVC has the added advantage of insiders taking positions on the other side of the trade, too.

In May, insiders purchased some 42,500 shares of NGVC, while July saw an exercise of another 944 options. Of course, insiders do this when they expect share prices to increase.

And the transactions make sense, considering that the stock is much closer to its 52-week low of $ 15.89 than to its 52-week high of $ 44.60 (reached on March 21, 2014).

So in this case, investors can benefit from higher stock prices on two fronts.

Good investing,

Richard Robinson

The post NGVC Poised to Stage a Turnaround? appeared first on Wall Street Daily.
By Richard Robinson


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Why Sherwin-Williams Can Break Beyond Its 52-Week High

By csconsultants. Read more » »
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Oakmark’s Bill Nygren Buys 5 New Q3 Stocks

By Holly LaFon. Read more » »

Check out Bill Nygren Stock Picks »
Download Guru portfolio reportDownload GuruFolio Report of Bill Nygren (Updated on 11/23/2014)
Related Stocks: LVS, LSE:GLEN, CAN, TROW, WHR,
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Casey’s General Stores Inc Discovers Accounting Error; Revising Some Fiscal Results (CASY)

After the closing bell on Monday, Casey’s General Stores (CASY) announced that it had discovered an accounting error and will restate all of its fiscal results from 2012, 2013, 2014 and for the Q1 2015.

The accounting error is related to the treatment of ethanol’s excise tax. Casey’s has paid an additional $ 30.4 million in taxes and $ 1.1 million in interest to the IRS in order to resolve the issue.

Casey’s Chairman and CEO Robert J. Myers had the following comments: “We deeply regret the errors that led to this revision, and we are taking swift and decisive action to enhance our excise tax reporting process and systems to resolve this issue. While we are disappointed to revise our financial results, it’s important to note this inadvertent error was in a single area of our reporting.”

The company went on to say that it does not see this issue affecting its quarterly dividend payments.

CASY Dividend Snapshot

As of Market Close on November 24, 2014

BK dividend yield annual payout payout ratio dividend growth

Click here to see the complete history of CASY dividends.

The Bottom Line

Casey’s General Stores (CASY) is not recommended at this time, holding a Dividend.com DARS™ Rating of 3.4 out of 5 stars.

Be sure to visit our complete recommended list of the Best Dividend Stocks, as well as a detailed explanation of our ratings system here.


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How Investors Respond to CEO Apologies

CEO Apologies: Investors Don't Forgive and Forget

By Robert Williams, Founder

Boy, was this a bad year for CEOs or what?

CEOs now earn an average salary of $ 10.5 million, up nearly 10% over the prior year.

Yet the riches didn’t stop a handful of them from saying incredibly stupid things.

As I’ll reveal today, when a CEO delivers a mea culpa, it should be treated as the ultimate “Sell” indicator.

With that in mind, here’s my list of the DUMBEST CEO apologies of the year.

I also underscore the subsequent price underperformance of each.

DUMBEST APOLOGY #1: Mt. Gox CEO, Mark Karpeles

On February 17, 2014, Karpeles offered the following apology to Bitcoin traders whose accounts had been frozen by the exchange…

“We sincerely apologize for this incident and understand your concern… [funds] should be able to resume withdrawals soon.”

Two weeks after his apology, the entire exchange collapsed.

Hackers made off with over $ 460 million in Bitcoins.

Since that day, Bitcoin has underperformed the S&P 500 by 54.29%.

(A new threat to Bitcoin and the U.S. dollar just emerged from the shadows. Full story.)

DUMBEST APOLOGY #2:  AOL CEO, Tim Armstrong

Also in February – right after AOL Inc. (AOL) announced its best earnings in a decade, the company’s CEO made a huge healthcare blunder that had employees in an uproar.

Armstrong was explaining why the company was delaying contributions to retirement accounts when he brought up the fact that two employees “had distressed babies… [And] we paid $ 1 million each to make sure those babies were okay in general.”

Unsurprisingly, employees didn’t appreciate that he was blaming sickly newborns on corporate policy changes.

Armstrong reversed the policy in the face of the backlash and apologized for his comments:

“We heard you on this topic… On a personal note, I made a mistake, and I apologize.”

Right after the baby-blaming comments, AOL’s stock dropped more than 10 points.

DUMBEST APOLOGY #3: General Motors CEO, Mary Barra

There are bad CEO apologies, and then there’s the apology from General Motors (GM) CEO, Mary Barra.

Barra had finally addressed the public after 13 people died due to faulty ignition switches – a tragedy investigators say was preventable. In fact, a Congressional investigation revealed that GM had rejected a proposed fix all the way back in 2005 because – you guessed it – the repair was too costly and time-consuming.

Worse yet, records show that GM first found out about the ignition switch problem 13 years ago, in 2001.

GM’s official statement in March says that it “deeply regrets the events that led to the recall.”

Shareholders certainly weren’t impressed. Since then, shares have underperformed the S&P 500 by 15.68%.

DUMBEST APOLOGY #4: T-Mobile CEO, John Legere

At an event in Seattle on June 18, Legere announced T-Mobile’s (TMUS) test-drive program. But he also called out the other mobile carriers for their outrageous data plans.

Not only did he call them “greedy bastards,” but he went as far as saying that the industry is “raping” its customers. Seriously.

He quickly apologized for the indiscretion the following day on Twitter…

“The drawback to having no filter when I speak… sometimes I need a filter. Genuinely apologize to those offended last night.”

Since then, shares have underperformed the S&P 500 by 20.09%.

DUMBEST APOLOGY #5: Microsoft CEO, Satya Nadella

Microsoft (MSFT) CEO Satya Nadella couldn’t have chosen a worse time to voice this pig-headed comment.

On October 9, Nadella joined Microsoft board member Maria Klawe on stage at the Grace Hopper Celebration of Women in Computing.

Here’s what he said to Klawe (who also happens to be President of Harvey Mudd College and a computer scientist) on the subject of equal pay for men and women and how women should ask for raises:

“It’s not really about asking for a raise, but knowing and having faith that the system will give you the right raise. That might be one of the initial ‘superpowers’ that women [who] don’t ask for a raise have. It’s good karma. It will come back.”

Keep in mind, the “system” is one where women are paid 78% as much as men. It’s even worse in Silicon Valley, where men with graduate degrees earn 73% more than women with the same qualifications, and men with bachelor’s degrees make 40% more.

Amid the ensuing commotion, Nadella quickly backtracked:

“I answered that question completely wrong. Without a doubt, I wholeheartedly support programs at Microsoft and the industry that bring more women into technology and close the pay gap. If you think you deserve a raise, you should just ask.”

Talk about a flip-flop.

If Microsoft’s share price is any indication, investors are distinctly unimpressed with the new CEO’s politically incorrect faux pas. The stock has underperformed the S&P 500 by almost 3% since his comments.

Onward and Upward,

Robert Williams

Founder, Wall Street Daily

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By Robert Williams


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Kinder Morgan: A Dividend Growth Star Is Born

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Kenya’s Tea Industry in Hot Water

Tea Industry in Kenya Struggling as Prices Fall

By Commodities Research Team


Kenya is one of the world’s biggest tea exporters. In fact, hundreds of thousands of tea farmers have earned a living for generations in this east African country.

But the industry is screeching to a halt. This year, farmers sold 40% less than the three previous years because they have started to switch to alternative crops. You see, good weather and big harvests have led to a glut of Kenya’s specialty black tea market.

Tea farmers are so discouraged by the drop in sales that they are switching to crops in higher demand. Some are even considering building on their plots.

Tea farmer Augustine Bushenei adds, “This tea crop has become useless because the price has gone down, while fertilizer and pesticide prices have shot up. We may pull it all up and keep cattle. We have kids in school, we rely on tea for our food and clothes.”

The pressure is definitely on.

Not Enough Cups

Compared to a decade ago, Kenya now produces 50% more tea – boasting $ 1.3 billion from the crop last year.

It’s true that the tea crop is one of the country’s biggest earners, but, thanks to more competition, tea prices have been under pressure.

Farmers in Kenya are crying out for government help, looking for them to cushion price swings and possibly find new export markets.

“The doom and gloom is justified. I don’t see a big bounce happening anytime soon – and you know… I think until we reduce supply, in effect we are pricing our tea too low. We have to reduce our supply in order to get higher prices,” says Aly Khan Satchu, an economic analyst.

What’s more, 70% of Kenya’s tea leaves go to only five countries. And due to political turmoil in four of them – Egypt, Sudan, Afghanistan, and Pakistan – purchasing numbers are taking a hit.

Meanwhile, consumption in Britain (ironically) has reached a plateau. It appears that the Brits are turning a new leaf, as coffee is on the verge of being its No. 1 drink.

And “the chase” continues,

Commodities Research Team

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By Commodities Research Team


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Notable 52-Week Highs and Lows of the Day 11/21: (INTC) (FL) (BERY) High; (LXRX) (MCP) (AMDA) Low

52-Week High:
  • Intel (Nasdaq: INTC) $ 36.46. Intel moving to new highs early after the company announced Thursday that its board of directors has approved an increase in its cash dividend to 96 cents-per-share on an annual basis, a 6-cent increase, beginning with the dividend that will be declared in the first quarter of 2015. Intel also provided the 2015 business outlook: revenue growth is expected in the mid-single digits; gross margin percentage: 62 percent, plus or minus two points; and R&D plus MG&A spending: spending as a percent of revenue is expected to be down with spending of approximately
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