Markets returned with a vengeance on Friday, shooting higher on the Labor Department's June jobs report, which emphasized a resurgent private sector. While private payrolls surged by more than 200,000, the federal government actually cut 5,000 employees. That made for a 195,000 boost to payrolls, far higher than the roughly 165,000 analysts were looking for. The strength, while it drove stocks higher, stoked the sentiment that quantitative easing efforts will surely begin tapering sometime this year. The S&P 500 Index (SNPINDEX: ^GSPC ) added 16 points, or 1%, to close at 1,631.
Newmont Mining (NYSE: NEM ) was the S&P's biggest laggard, losing 4.3% Friday. The company is a gold and copper miner and, as such, is very sensitive to the ever-changing prices of those metals. Gold especially is thought of and traded as a hedge to a falling dollar, so a stronger greenback usually goes hand in hand with lower gold prices. That was the case again today, as the possibility of fewer Fed dollars flowing into the economy bid the U.S. currency higher. Gold for August delivery fell more than 3% to end just above $1,210.
Top 10 High Tech Stocks To Watch For 2014: Chinasing Investment Hldg Ltd (C16.SI)
Chinasing Investment Holdings Limited, an investment holding company, engages in the provision of computer consultancy services; and the design, development, and sale of computer software and hardware systems in Mainland China, Hong Kong, Europe, the United States, Singapore, and other Asian countries. It also involves in property and investment holding, and general trading activities; and the manufacture and trading of consumer electronic products and components, and satellite communication products, including low-noise block converters, transceivers, and digital video broadcasting decoders, which are used in satellite broadcasting, satellite telephone, satellite monitoring, and global positioning systems. In addition, Chinasing provides system integration and software installation services. The company was formerly known as Joinn Holdings Limited and changed its name to Chinasing Investment Holdings Limited in April 2008. Chinasing Investment Holdings Limited was incorpo rated in 2000 and is based in Central, Hong Kong.
Top 10 High Tech Stocks To Watch For 2014: City National Corporation (CYN)
City National Corporation operates as the bank holding company for City National Bank that provides various banking, investing, and trust services to small to mid-sized businesses, entrepreneurs, professionals, and affluent individuals. Its deposit products include demand and interest checking deposits, savings deposits, and money market accounts. The company�s loan portfolio comprises commercial loans, including lease financing; residential mortgage loans; commercial real estate mortgages; real estate construction loans; equity lines of credit; and installment loans. It also offers cash management, international banking, equipment financing, and other products and services. In addition, the company provides investment management, advisory, and brokerage services, including portfolio management, securities trading, and asset management; personal and business trust and investment services comprising employee benefit trust services, and 401(k) and defined benefit plans; and estate and financial planning, and custodial services. Further, it offers various asset classes and investment styles, including fixed-income instruments, mutual funds, domestic and international equities, and alternative investments, such as hedge funds. City National Corporation provides its services through 79 offices, including 16 full-service regional centers in Southern California; the San Francisco Bay area; Nevada; New York City; Nashville, Tennessee; and Atlanta, Georgia. The company was founded in 1953 and is headquartered in Los Angeles, California.
5 Best Clean Energy Stocks To Own Right Now: CNO Financial Group Inc. (CNO)
CNO Financial Group, Inc., through its subsidiaries, engages in the development, marketing, and administration of health insurance, annuity, individual life insurance, and other insurance products for senior and middle-income markets in the United States. The company markets and distributes Medicare supplement insurance, interest-sensitive and traditional life insurance, fixed annuities, and long-term care insurance products; Medicare advantage plans through a distribution arrangement with Humana Inc.; and Medicare Part D prescription drug plans through a distribution and reinsurance arrangement with Coventry Health Care. It also markets and distributes supplemental health, including specified disease, accident, and hospital indemnity insurance products; and life insurance to middle-income consumers at home and the worksite through independent marketing organizations and insurance agencies. In addition, the company markets primarily graded benefit and simplified issue life insurance products directly to customers through television advertising, direct mail, Internet, and telemarketing. It sells its products through career agents, independent producers, direct marketing, and sales managers. CNO Financial Group, Inc. has strategic alliances with Coventry and Humana. The company was formerly known as Conseco, Inc. and changed its name to CNO Financial Group, Inc. in May 2010. CNO Financial Group, Inc. was founded in 1979 and is headquartered in Carmel, Indiana.
Top 10 High Tech Stocks To Watch For 2014: FriendFinder Networks Inc.(FFN)
FriendFinder Networks Inc., an Internet and technology company, provides services in the social networking and Web-based video sharing markets. It is involved in creating and operating technology platforms, which run various heavily visited Websites in the world comprising AdultFriendFinder.com, Amigos.com, AsiaFriendFinder.com, Cams.com, FriendFinder.com, BigChurch.com, and SeniorFriendFinder.com. The company operates in two segments, Internet and Entertainment. The Internet segment offers services that include social networking, online personals, premium content, live interactive video, recorded video, online chatrooms, instant messaging, blogs, message board, and free e-mail, as well as photo, video, and voice sharing services through the operation of various social networking, live interactive video, and premium content Websites. This segment also operates JigoCity, a social commerce Website. The Entertainment segment produces and distributes original pictorial and vid eo content; licenses the Penthouse brand to various consumer product companies and entertainment venues; and publishes branded men's lifestyle magazines. FriendFinder Networks Inc. serves visitors, registrants, members, subscribers, and paid users. The company was formerly known as Penthouse Media Group Inc. and changed its name to FriendFinder Networks Inc. in July 2008. FriendFinder Networks Inc. was founded in 1965 and is headquartered in Boca Raton, Florida.
Top 10 High Tech Stocks To Watch For 2014: Golar LNG Limited(GLNG)
Golar LNG Limited, a mid-stream liquefied natural gas (LNG) company, engages in the transportation, regasification, and liquefaction and trading of LNG. It acquires, owns, operates, and charters LNG carriers and floating storage regasification units (FSRUs). As of March 31, 2011, the company had a fleet of 12 vessels, including 8 LNG carriers and 4 FSRUs; and a 50% equity interest in 1 vessel. Golar LNG Limited was founded in 1946 and is headquartered in Hamilton, Bermuda.
Top 10 High Tech Stocks To Watch For 2014: Shield Gold Inc.(SHG.V)
Shield Gold Inc. engages in the exploration of precious and base metal properties in Canada. The company has an option agreement to acquire interest on the La Grande Nord property and the Summit-Gaber property, which are located in the La Grande Greenstone Belt in the James Bay region of Quebec. Shield Gold Inc. is headquartered in Toronto, Canada.
Top 10 High Tech Stocks To Watch For 2014: Hyder Consulting(HYC.L)
Hyder Consulting PLC operates as a multi-national design and engineering consultancy. The company provides its consulting services in the property, transport, water, environment, energy, industry, and resources sectors in the United Kingdom, Europe, Australia, China, Hong Kong, Vietnam, and the Middle East. It offers environmental services, such as environmental assessment and management, corporate environmental risk assessment, waste and resources efficiency, sustainability, and coastal and catchment management services; geosciences services comprising land reclamation, contaminated land, and geotechnical engineering services; and management services, including asset management, management advisory, project management, and security and resilience services. The company also provides property services in the areas of acoustics, architecture, civil/development approval, facades, landscape, and urban planning; structural services in the areas of bridges, buildings, marine, tu nnels, and water; transport services consisting of highways, public transport planning, rail services, security of transport infrastructure, technology, traffic engineering, and road safety services; and water services, including water supply, modelling, and wastewater treatment. Hyder Consulting PLC is headquartered in London, the United Kingdom.
Top 10 High Tech Stocks To Watch For 2014: Inter-Citic Minera Com Npv(ICI.TO)
Inter-Citic Minerals Inc., a development stage company, engages in the acquisition, exploration, and development of mineral properties in the People?s Republic of China. Its principal property includes the Dachang gold project consisting of 4 exploration licenses covering approximately 279 square kilometers located in Qinghai province, the People's Republic of China. The company was formerly known as Inter-Citic Mineral Technologies Inc. and changed its name to Inter-Citic Minerals Inc. in December 2003. Inter-Citic Minerals Inc. was incorporated in 1985 and is headquartered in Markham, Canada.
Top 10 High Tech Stocks To Watch For 2014: Cimarex Energy Co(XEC)
Cimarex Energy Co. operates as an independent oil and gas exploration and production company primarily in Texas, Oklahoma, New Mexico, and Kansas. As of December 31, 2010, it had proved oil and gas reserves of approximately 2.05 trillion cubic feet equivalent consisting of 1.2 trillion cubic feet of gas and 138 million barrels of oil and natural gas liquids. The company was founded in 2002 and is headquartered in Denver, Colorado.
Top 10 High Tech Stocks To Watch For 2014: United Business Media plc ord(UBM.L)
UBM plc engages in the provision of data, media and business to business (B2B) communications, and marketing services worldwide. The company operates in five segments: Events, PR Newswire, Data Services, Marketing Services-Online, and Marketing Services-Print. The Events segment organizes industry exhibitions and conventions, conferences, forums, fairs, tradeshows, and other live in person events that enable communities to do business. The PR Newswire segment offers communications products and services to professionals working in marketing, public relations, corporate communications, or investor relations roles in businesses, government, and other non-commercial organizations. This segment also distributes its clients? messages and information. The Data Services segment provides data and information products, including data-based workflow products, intellectual property consultancy and analytical services, and sales lead generation programs that support professionals. The Marketing Services-Online segment offers Website sponsorships and banner advertising, as well as online directory products. The Marketing Services-Print segment publishes magazines and trade press to specialist markets. The company markets its products and services to professional and commercial communities. The company was formerly known as United Business Media Limited and changed its name to UBM plc in May 2011. UBM plc was founded in 1918 and is headquartered in Dublin, Ireland.
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