LONDON -- Stock index futures as of 6:35 a.m. EDT indicate that the Dow Jones Industrial Average (DJINDICES: ^DJI ) may open up 0.78% this morning, while the S&P 500 (SNPINDEX: ^GSPC ) may open 0.82% higher. After closing at 28 on Friday, CNN's Fear & Greed Index has fallen back to 25, or "extreme fear," suggesting that investors expect further volatility this week.
European stock markets followed Japan's example and rose strongly this morning. The Nikkei 225 closed up 2.7% today, and by 7:30 a.m. EDT the FTSE 100 was up 0.87%, while Germany's DAX was up 1.35%. Among the top performers in Europe this morning was telecommunications firm Telefonica, which rose by 3.1% following reports that the Spanish government had blocked a 70 billion euro takeover offer for the company by AT&T.
Today's U.S. economic calendar is extremely light and is unlikely to distract investors from this week's main highlight: Wednesday's monthly meeting of the Federal Open Market Committee, after which investors hope the FOMC will provide some clarity on its stimulus policy for the remainder of the year. Economic reports in the cards for today include the Empire State Survey, which is due at 8:30 a.m. EDT and is expected to record a rise to 0.9 in June, up from -1.4 in May. The Empire State Survey measures manufacturing activity in the New York area. Next, at 10 a.m. EDT, the Home Builders' Index for June is expected to have risen to 45, up marginally from 44 in May.
5 Best Up And Coming Stocks To Own Right Now: STMicroelectronics N.V.(STM)
STMicroelectronics N.V., an independent semiconductor company, engages in the design, development, manufacture, and marketing of a range of semiconductor integrated circuits and discrete devices. Its products include discrete and standard commodity components, application-specific integrated circuits, custom devices and semi-custom devices, and application-specific standard products for analog, digital, and mixed-signal applications. The company also offers subsystems and modules for the telecommunications, automotive, and industrial markets comprising mobile phone accessories, battery chargers, ISDN power supplies, and in-vehicle equipment for electronic toll payment, as well as provides Smartcard products. Its products are used in various microelectronic applications consisting of automotive products, computer peripherals, telecommunications systems, consumer products, industrial automation, and control systems. The company sells its products through distributors and ret ailers. STMicroelectronics N.V. was founded in 1987 and is headquartered in Geneva, Switzerland.
Advisors' Opinion:- [By Lee Jackson]
STMicroelectronics NV (NYSE: STM) supplies most set-top box chips for Scientific�Atlanta, and also sells chips for disk drives that end up in DVRs; but still has less than a 10% exposure. The consensus target for the stock is $11. Investors do receive an outstanding 4.0% dividend from the company.
Hot European Companies To Watch In Right Now: Aercap Holdings N.V. (AER)
AerCap Holdings N.V., through its subsidiaries, operates as an integrated aviation company worldwide. It engages in leasing and trading aircraft and engines; and selling parts. The company also provides aircraft management services, as well as aircraft and limited engine MRO services, and aircraft disassembly services through its repair stations. In addition, it offers aircraft services, including remarketing aircraft; collecting rental and maintenance payments, monitoring aircraft maintenance, monitoring and enforcing contract compliance, and accepting delivery and redelivery of aircraft; conducting ongoing lessee financial performance reviews; inspecting the leased aircraft; coordinating technical modifications to aircraft to meet new lessee requirements; conducting restructurings negotiations in connection with lease defaults; repossessing aircraft; arranging and monitoring insurance coverage; registering and de-registering aircraft; arranging for aircraft and aircraft engine valuations; and providing market research. The company?s management services include leasing and remarketing, cash management and treasury, technical advisory, and accounting and administrative services. As of March 31, 2011, it owned 272 aircraft and 95 engines, which it leased under operating leases to 118 lessees in 53 countries. The company was founded in 1995 and is headquartered in Schiphol, the Netherlands.
Advisors' Opinion:- [By John Udovich]
Yesterday around midday,�Netherlands based aviation leasing stock�AerCap Holdings N.V. (NYSE: AER) began surging on rumors and closed up 11.6%, meaning its probably time to take a closer look at those rumors along with aviation leasing peers like small caps or mid caps�Aircastle Limited (NYSE: AYR), Air Lease Corp (NYSE: AL), Fly Leasing Ltd (NYSE: FLY) and AeroCentury Corp (NYSEMKT: ACY).
- [By Paul Ausick]
More than two years ago, American International Group Inc. (NYSE: AIG) filed with the U.S. Securities and Exchange Commission for an initial public offering (IPO) in its aircraft leasing group, International Lease Finance Corp. (ILFC). That filing came to nothing, and AIG found little interest from buyers for ILFC, until Monday morning when it announced that AerCap Holdings N.V. (NYSE: AER) will buy the leasing operation for $3 billion in cash and 97.56 million shares of new AerCap stock. The total value of the deal is approximately $5.4 billion.
Hot European Companies To Watch In Right Now: TotalFinaElf S.A.(TOT)
TOTAL S.A., together with its subsidiaries, operates as an integrated oil and gas company worldwide. The company operates through three segments: Upstream, Downstream, and Chemicals. The Upstream segment engages in the exploration, development, and production of oil and natural gas. It also involves in the transportation, trade, and marketing of natural gas and liquefied natural gas (LNG), as well as in LNG re-gasification and natural gas storage operations. In addition, this segment engages in the shipping and trade of liquefied petroleum gas (LPG); power generation from gas-fired power plants, nuclear, or renewable energies; production, trade, and marketing of coal, as well as in solar power systems and technology operations. As of December 31, 2010, it had combined proved reserves of 10,695 Mboe of oil and gas. The Downstream segment involves in refining, marketing, trading, and shipping crude oil and petroleum products. It also produces a range of specialty products, s uch as lubricants, LPG, jet fuel, special fluids, bitumen, marine fuels, and petrochemical feedstock. This segment holds interests in 24 refineries located in Europe, the United States, the French West Indies, Africa, and China, as well as operates a network of 17,490 service stations. The Chemicals segment produces base chemicals, including petrochemicals and fertilizers, as well as engages in rubber processing, resins, adhesives, and electroplating activities. TOTAL S.A. was founded in 1924 and is based in Paris, France.
Advisors' Opinion:- [By Maxx Chatsko]
Lesson learned
The financial situation at Amyris is less than enviable. Whereas fellow industrial biotech company Solazyme has hit every major milestone and had no problem raising funds, Amyris has had to take the more dilutive route for shareholders. Still, large commercial partners Total (NYSE: TOT ) and Cosan (NYSE: CZZ ) haven't backed down in their support of the company. Total upped its investment in Amyris during several rough patches in the past year after incurring significant paper losses on the roughly 20% stake in the company. Total even has its own webpage for the partnership, which speaks to its long-term vision for Amyris' platform, especially in renewable diesel. - [By Dan Carroll]
Outside the defense sector, Chevron's (NYSE: CVX ) among the only Dow stocks making any headway today: The oil giant's shares are up about 0.2%. Chevron agreed to sell its retail network in Egypt to French competitor Total (NYSE: TOT ) in a deal announced by the latter today. With more than 1.4 million tons of annual sales in a network consisting�of 66 service stations and other assorted infrastructure, it's a big move for Total as it looks to develop its reach outside of Europe.
- [By David Smith]
Bowing out of Egypt
It's also noteworthy that Egypt shares a western border with Libya, which is a significant producer, but where chaos and contretemps also reign. Is it any wonder, then, that Chevron (NYSE: CVX ) announced on Tuesday that it will unload its Egyptian downstream operations, including 66 service stations and a couple of oil depots, to Total (NYSE: TOT ) ? The French company is also buying the retail assets in the land of the Sphinx from Royal Dutch Shell (NYSE: RDS-B ) . Perhaps it knows something of which the rest of us are unaware. - [By Aaron Levitt]
Those huge fields are just the kind of plays that the large super-majors –�Exxon�(XOM), Chevron�(CVX) and Total�(TOT) and the like — are clamoring to add. And with the downside now known — a max of $14.6 billion dollars — APC could finally be buy-out bait for one of the giants.
Hot European Companies To Watch In Right Now: Telefonica SA(TEF)
Telefonica, S.A. provides fixed and mobile telephony services primarily in Spain, rest of Europe, and Latin America. Its fixed telecommunication services include PSTN lines; ISDN accesses; public telephone; local, domestic, and international long distance and fixed-to-mobile communications; corporate communications; video telephony; supplementary and business-oriented value-added services; network services; leasing and sale of handset equipment; and telephony information services. The company?s Internet and broadband multimedia services comprise Internet service provider service; portal and network services; retail and wholesale broadband access; narrowband switched access to Internet; naked ADSL, a broadband connection; residential-oriented value-added services; companies-oriented value-added services; television services, such as IPTV, cable television, and satellite television; and Fiber to the Home, a service for high speed Internet access and digital video recording. Its data and business-solutions services principally include leased lines; virtual private network services; fiber optics services; the provision of hosting and application; outsourcing and consultancy services; desktop services; and system integration and professional services. The company?s wholesale services for telecommunication operators primarily comprise domestic interconnection services; international wholesale services; leased lines for other operators? network deployment; local loop leasing under the unbundled local loop regulation framework; and bit stream services. It also offers various mobile and related services and products that include mobile voice services, value added services, mobile data and Internet services, wholesale services, corporate services, roaming, fixed wireless, and trunking and paging services. The company has a strategic alliance with China Unicom (Hong Kong) Limited. Telefonica, S.A. was founded in 1924 and is headquartered in Madrid, Spai n.
Advisors' Opinion:- [By Charles Sizemore]
So, what does this mean for AMX stock and for its largest single competitor in Latin America, Spain��Telefonica (TEF)?
To start, this will, by default, massively diversify AMX�� revenue stream globally. Though AMX is the number-one or number-two mobile provider in nearly every Latin American country, its home market of Mexico is by far its biggest. Mexico currently accounts for about a third of sales and nearly half of profits. The new AMX will be a pan-Latin-American telecom giant based in Mexico rather than a Mexican telecom giant with operations in Central and South America.
- [By LarryZ6]
With the recent acquisition, financed by the $ 130 billion sale of Verizon Wireless (VZ) in the US, Vodafone adds 1.9 million clients to its customer base in Spain totaling 17.2 million, second to Tel茅fonica (TEF), which counts 24.9 million, and ahead of ORANGE (ORAN), that has 14.4 million customers. According to Antonio Coimbra, Vodafone麓s CEO in Spain, there are strong indicators that favor the acquisition:
- [By John Udovich]
Yesterday, Silver Spring Networks apparently plunged after the�UK government announced that Capita, CGI, Arqiva and Telefonica S.A. (NYSE: TEF) are the "preferred bidders" for contracts to support the UK's smart meter roll-out���no small project as the entire scheme is expected to worth or cost around�拢11.5 billion.�Silver Spring Networks had partnered with Vodafone Group Plc (NASDAQ: VOD) on a bid to both create and run the telecom infrastructure behind the smart meters, but they will now go away empty handed. ��
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