Thursday, July 17, 2014

Top 10 Logistics Stocks To Invest In Right Now

Phillips 66 (NYSE: PSX  ) and its master limited partnership Phillips 66 Partners (NYSE: PSXP  ) have made the headlines recently, because of how high PSXP climbed during its first day of trading. It isn't the first refiner to find success with an MLP spinoff -- Marathon Petroleum's (NYSE: MPC  ) spinoff�MPLX (NYSE: MPLX  ) is up more than 16% year to date -- and it doesn't look as if it will be the last. In this video, Fool.com contributor Aimee Duffy looks at Valero's (NYSE: VLO  ) recent affirmation of its plan to convert its logistics assets into an MLP.

We love MLPs because of the income they generate for our future. You can find three more great stocks that do the same thing in The Motley Fool's free report "3 Stocks That Will Help You Retire Rich." It names three stocks that could help you build long-term wealth and retire well, and it gives a few winning wealth-building strategies that every investor should be aware of.�Click here now�to keep reading.

Hot Long Term Companies To Invest In 2015: Texas Industries Inc (TXI)

Texas Industries, Inc., incorporated on April 19, 1951, is a supplier of construction materials in the southwestern United States. The Company operates in three segments: cement, aggregates and consumer products. Its cement segment produces gray portland cement and specialty cements. The Company�� cement production and distribution facilities are concentrated primarily in Texas and California. Its aggregates segment produces natural aggregates, including sand, gravel and crushed limestone. The Company�� consumer products segment produces ready-mix concrete. It is also a supplier of natural aggregates and ready-mix concrete in Texas and northern Louisiana and in Oklahoma and Arkansas. As of May 31, 2013, the Company had 123 manufacturing facilities in five states.

Cement Segment

The Company produces specialty cements, such as masonry and oil well cements. Its cement production facilities are located at Midlothian, Texas, south of Dallas/Fort Worth, Hunter, Texas, between Austin and San Antonio, and Oro Grande, California, near Los Angeles. It also operates a cement terminal and packaging facility at its Crestmore plant near Riverside, California, and the Company operates its gray portland cement grinding facility on an as needed basis. During the fiscal year ended May 31, 2013 (fiscal 2013), it produced approximately 4.3 million tons of finished cement. The Company shipped approximately 4.4 million tons during fiscal 2013, of which 3.8 million tons were shipped to outside trade customers.

Aggregates Segment

The Company�� operations are conducted from facilities primarily serving the Dallas/Fort Worth and Austin areas in Texas; the southern Oklahoma area, and the Alexandria and Monroe areas in Louisiana. The Company produced approximately 14.2 million tons of natural aggregates during fiscal 2013. It shipped approximately 14.8 million tons of natural aggregates during fiscal 2013, of which 11.3 million tons were shipped to outside trade customers! . The Company shipped approximately 1.0 million cubic yards of lightweight aggregates during fiscal 2013, of which approximately 0.9 million cubic yards were shipped to outside trade customers.

Consumer Products Segment

The Company�� ready-mix concrete operations are situated in three areas in Texas (the Dallas/Fort Worth/Denton area of north Texas, the Austin area of central Texas and from Beaumont to Texarkana in east Texas), in north and central Louisiana, and in southwestern Arkansas. It is also a 40% partner in a joint venture that has ready mix concrete operations in the northern part of central Texas area centered around Waco, Texas. It shipped approximately 2.8 million cubic yards of ready-mix concrete during fiscal 2013. The Company manufacture and supply a substantial amount of the cement and aggregates raw materials used by our ready-mix plants. The Company also marketed its Maximizer packaged concrete mixes in southern California.

Advisors' Opinion:
  • [By Holly LaFon]

    Competitively advantaged holdings continued to demonstrate the value of moats at FedEx (FDX), Melco, and Texas Industries (TXI). These holdings were among our largest contributors to performance, and they exemplify activity prevalent across most of our holdings throughout the year.

  • [By Ben Levisohn]

    Shares of Vulcan have gained 7.6%, and given a lift to other cement makers today, including Martin Marietta Materials (MLM), which has risen 4.9% and reports earnings on Thursday, Cemex (CX), which has advanced 1.5%, and Texas Industries (TXI), which is up 4.9%.

  • [By Jake L'Ecuyer]

    Texas Industries (NYSE: TXI) was down, falling 4.36 percent to $65.78 after Longbow Research downgraded the stock from buy to neutral.

    Commodities
    In commodity news, oil traded down 1.37 percent to $97.07, while gold traded up 1.73 percent to $1,223.10. Silver traded up 3.69 percent Thursday to $20.09, while copper fell 0.34 percent to $3.39.

  • [By Sean Williams]

    Texas Industries (NYSE: TXI  )
    In spite of the steady rebound in the construction industry, certain companies look predisposed to underperform. Take Texas Industries as a perfect example. It provides heavy construction aggregates to the commercial construction industry while also acting a cement supplier to the consumer segment. Although its orders, and even to some remote extent its pricing power for cement, has improved modestly as the housing sector has rebounded, Texas Industries is still turning only marginal profits. In fact, looking toward next year you'd see a forward P/E approaching 500!

Top 10 Logistics Stocks To Invest In Right Now: Neutra Corp (NTRR)

Neutra Corp. incorporated on January 11, 2011, is a development-stage company. The Company�� business and registered office is located in Sarasota, Florida. The Company�� intended private label products consists of aging, cognitive support, antioxidants/flavonoids, circulatory support, detoxification support, endocrine support, essential fatty acids, gastrointestinal support, immune support, men�� health, minerals, mood/sleep support, multiples, musculoskeletal support, neurological support, proteins/amino acids, vitamins, women�� health and veterinary products. The Company�� product focuses to research and development in a range of areas, such as weight-loss, detox, men�� health, acid-alkali pH balance, anti-aging, sleep disorders, autism, pain management with the use of medical cannabis products, and air space sanitation derived by nutraceutical technology.

The Company focuses to market and sell nutraceutical supplement products to health practitioners. It focuses direct marketing and sales towards Members of the American Association for Health Freedom (American Association for Health Freedom has merged with Alliance for Natural Health) www.anh-usa.org; American Association of Naturopathic Physicians, www.naturopathic.org; American Association of Oriental Medicine, www.aaom.org, and American College for Advancement in Medicine, www.acamnet.org. It also focuses direct marketing and sales towards American Holistic Medical Association, www.holisticmedicine.org; American Dietetic Association, www.eatright.org, and American Herbalist Guild, www.americanherbalistsguild.com.

The Company competes with Thone Research, The Vitamin Company, Nutraceutical International Corporation, Protocol For Life, Medagenics and Standard Process.

Advisors' Opinion:
  • [By CRWE]

    Today, NTRR surged (+19.45%) up +0.068 at $.420 with 22,114 shares in play thus far (ref. google finance Delayed: 11:17AM EDT July 11, 2013).

    As Neutra Corp. works to deliver new innovations to the U.S. medical marijuana industry, the market for those innovations continues to grow. Last week, lawmakers passed a bill to make New Hampshire the 19th state to approve medical marijuana (MMJ) prescriptions for patients with chronic or terminal illnesses.

    The legislation will make New Hampshire the 19th state to legalize MMJ, in addition to the District of Columbia. Five more states have legislation pending to legalize prescriptions, according to ProCon.org.

  • [By CRWE]

    Today, NTRR has shed (-5.26%) down -0.020 at $.360 with 14,150 shares in play thus far (ref. google finance Delayed: 10:46AM EDT July 3, 2013), but don�� let this get you down.

    Neutra Corp. through a key new partnership with an innovative cannabis delivery systems provider in the medical marijuana industry, is poised to make an impact in the lucrative $52 billion pain management market.

    With partner Field of View Technologies, LLC, exploring new technology in cannabis delivery systems, NTRR is ready to provide much-needed smokeless delivery systems to those most in need: patients forced to live with debilitating pain.

    A recent study by Columbia University found that smoke-free cannabinoid medication was effective in treating pain. Smokeless delivery systems can be administered orally, by injection or topically, giving the patient the choice of treatment method as NTRR and Field of View set the pace in the potentially lucrative pain management market.

Top 10 Logistics Stocks To Invest In Right Now: Clear Channel Outdoor Holdings Inc (CCO)

Clear Channel Outdoor Holdings, Inc., incorporated in August 1995, provides clients with advertising opportunities through billboards, street furniture displays, transit displays and other out-of-home advertising displays, such as wallscapes, spectaculars, neons and mall displays, which it owns or operates in global markets. As of December 31, 2011, the Company owned or operated more than 750,000 advertising displays globally. During the year ended December 31, 2011, the Company operated in two business segments: Americas outdoor advertising (Americas) and International outdoor advertising (International), which represented 44% and 56% of its revenue, respectively.

Americas Outdoor Advertising

The Company is an outdoor advertising company in the Americas, which includes the United States, Canada and Latin America. As of December 31, 2011, the Company owned or operated approximately 125,000 display structures in its Americas segment with operations in 48 markets in the United States. Its Americas assets consist of billboards, street furniture and transit displays, airport displays, mall displays, and wallscapes and other spectaculars, which it owns or operates under lease management agreements.

Americas revenue is derived from the sale of advertising copy placed on its digital displays and its traditional displays. Its display inventory consists of billboards, street furniture displays and transit displays. During 2011, billboards consisted approximately 66% of its display revenues. Its Americas segment generates revenues from local, regional and national sales. Its billboard inventory includes bulletins and posters. Digital bulletins display static messages, which resemble standard printed bulletins when viewed, but also allow advertisers to change messages throughout the course of a day. Our electronic displays are linked through centralized computer systems to instantaneously and simultaneously change advertising copy as needed.

The Company�� ! street furniture displays include advertising surfaces on bus shelters, information kiosks, freestanding units and other public structures, are available in both traditional and digital formats, and are located in metropolitan areas and along commuting routes. The Company owns the street furniture structures and are responsible for their construction and maintenance. Its transit displays are advertising surfaces on various types of vehicles or within transit systems, including on the interior and exterior sides of buses, trains, trams, and within the common areas of rail stations and airports, and are available in both traditional and digital formats. The balance of its display inventory consists of spectaculars, wallscapes and mall displays. Spectaculars are customized display structures, which often incorporate video, multidimensional lettering and figures, mechanical devices and moving parts and other embellishments to create special effects. Its spectaculars are located in Times Square in New York City, Dundas Square and the Gardiner Expressway in Toronto, Fashion Show Mall in Las Vegas, Miracle Mile Shops in Las Vegas and across from the Target Center in Minneapolis.

As of December 31, 2011, the Company owned or operated approximately 125,000 display structures in its Americas segment with operations in 48 markets in the United States. Its displays are located on owned land, leased land or land, for which it have acquired permanent easements. The Company owns the physical structures on which its clients��advertising copy is displayed.

The Company competes with CBS and Lamar Advertising Company.

International Outdoor Advertising

The Company�� International segment includes its operations in Asia, Australia and Europe. As of December 31, 2011, the Company owned or operated more than 630,000 displays across 30 countries. Its International assets consist of street furniture and transit displays, billboards, mall displays, Smartbike schemes, walls! capes and! other spectaculars, which it owns or operates under lease agreements.

International revenue is derived from the sale of traditional advertising copy placed on its display inventory and electronic displays which are part of its network of digital displays. Its International display inventory consists of street furniture displays, billboards, transit displays and other out-of-home advertising displays, such as neon displays. Its International segment generates revenues globally from local, regional and national sales. Its International street furniture displays, available in traditional and digital formats, include bus shelters, freestanding units, various types of kiosks, benches and other public structures. Its International street furniture is sold to clients as network packages of multiple street furniture displays, with contract terms ranging from one to two weeks. Client contracts are also available with terms of up to one year.

The Company�� International billboards are sold to clients as network packages with contract terms ranging from one to two weeks. Long-term client contracts are also available and typically have terms of up to one year. It leases its billboard sites from private landowners. Billboards include posters and its neon displays, and are available in traditional and digital formats. Defi Group SAS, its International neon subsidiary, is a global provider of neon signs with approximately 296 displays in 16 countries globally.

The Company�� client contracts for transit displays, either traditional or digital, have terms ranging from one week to one year, or longer. The balance of its revenue from its International segment consists of advertising revenue from mall displays, other small displays and non-advertising revenue from sales of street furniture equipment, cleaning and maintenance services and production revenue. Its contracts with mall operators have terms ranging from 5 to 10 years and client contracts for mall displays generally ha! ve terms ! ranging from one to two weeks. Its International inventory includes other small displays, which are counted as separate displays. It also has a Smartbike bicycle rental program, which provides bicycles for rent to the general public in several municipalities. In exchange for providing the bike rental program, it derives revenue from advertising rights to the bikes, bike stations, additional street furniture displays, or fees from the local municipalities. It sells equipment or provides cleaning and maintenance services as part of a billboard or street furniture contract with a municipality. As of December 31, 2011, the Company owned or operated more than 630,000 displays in its International segment, with operations across 30 countries. Its International display count includes display faces, which may include multiple faces on a single structure.

The Company competes with JCDecaux and CBS.

Advisors' Opinion:
  • [By Paul Ausick]

    CBS Outdoor Americas Inc. is currently a wholly owned subsidiary of CBS Corp. (NYSE: CBS) which will offer 20 million shares in an anticipated price range of $26 to $28 a share. Following the tax-free spin-off, CBS Outdoor will become a REIT. CBS first announced plans for the spin-off in January 2013. Since then, share prices for outdoor advertising firms Lamar Advertising Co. (NASDAQ: LAMR) and Clear Channel Outdoor Holdings Inc. (NYSE: CCO) have risen about 30%.

Top 10 Logistics Stocks To Invest In Right Now: Sonoco Products Company(SON)

Sonoco Products Company provides industrial and consumer packaging products, and packaging services worldwide. It offers composite paperboard cans; paperboard packages; fiber cartridges; layered bottles and jars; laminated tubs, cups, and spools; consumer and institutional trays; and aluminum, steel, and peelable membrane easy-open closures, as well as flexible packaging, product design, tool design, fabrication, and manufacturing services. The company also produces paperboard tubes, cores, roll packaging, molded plugs, pallets, pallet components, concrete forms, rotary die boards, recycled paperboard, chipboard, tube board, lightweight corestock, boxboard, linerboard, corrugating medium, specialty grades, and recovered paper products; and steel, nailed wooden, plywood, recycled, and polyfiber reels, as well as recycles old corrugated container, paper, plastic, metal, and glass materials. In addition, it manufactures custom-printed glass covers and coasters; offers custom packing, fulfillment, and primary package filling services, as well as operates scalable service centers; contract packaging, co-packing, and fulfillment services; and temporary, semipermanent, and permanent point-of-purchase displays. Further, the company provides fabricated foam, corrugated paperboard, molded EPS and EPP, antistatic fabricated foam solutions, nesting and stacking trays, molded foam dunnage, totes and tote inserts, energy-absorbing and flotation components, and insulation components, as well as contract package testing service. Additionally, it offers insulated shippers, durable transport chests, gel packs, phase change materials, lab/pharma/diagnostic specimen transport, refrigerant materials, edge and corner protection, and temperature assurance solutions; high-visibility packaging and printed products; and blister packaging machines. The company, formerly known as Southern Novelty Company, was founded in 1899 and is based in Hartsville, South Carolina. Advisors' Opinion:

  • [By Shauna O'Brien]

    Goldman Sachs reported on Friday that it has cut its rating on Sonoco Products Company (SON).

    The firm has downgraded SON from “Neutral” to “Sell,” and has maintained its current $36 price target. This price target suggests a 9% upside from the stock’s current price of $39.58.

    An analyst from the firm noted: “We downgrade SON to Sell (relative to our coverage) from Neutral on a lower projected EPS CAGR through 2015 (7% vs. 15% for group) and relative valuation ��SON shares are trading at 15.4X 2014E P/E, ahead of the Packaging group average at 14.6X, and its 5-year historical average of 13.2X. However, our 3Q EPS for SON is largely in line with consensus and we do not expect the 3Q print to be a catalyst for underperformance.”

    Sonoco Products shares were mostly flat during pre-market trading Friday. The stock is up 33% YTD.

  • [By Rich Duprey]

    While it's not a done deal just yet, consumer packaging specialist Sonoco� (NYSE: SON  ) announced yesterday it will consult with the workforce of its�Carrickmacross, Ireland, facility regarding its closure come Nov. 1.

  • [By Seth Jayson]

    Calling all cash flows
    When you are trying to buy the market's best stocks, it's worth checking up on your companies' free cash flow once a quarter or so, to see whether it bears any relationship to the net income in the headlines. That's what we do with this series. Today, we're checking in on Sonoco Products (NYSE: SON  ) , whose recent revenue and earnings are plotted below.

  • [By Seth Jayson]

    Sonoco Products (NYSE: SON  ) reported earnings on July 18. Here are the numbers you need to know.

    The 10-second takeaway
    For the quarter ended June 30 (Q2), Sonoco Products met expectations on revenues and beat slightly on earnings per share.

Top 10 Logistics Stocks To Invest In Right Now: Rosetta Genomics Ltd (ROSG)

Rosetta Genomics Ltd., incorporated on March 9, 2000, is seeking to develop and commercialize diagnostic tests based on discovered group of genes known as microRNAs. The Company has established a clinical laboratory improvement amendment (CLIA)-certified laboratory in Philadelphia, which enables it to develop, validate and commercialize its own diagnostic tests applying its microRNA technology. In July 2011, the Company launched its fifth product - miRview lung. As of December 31, 2011, the Company launched five tests based on its five microRNA technologies: miRview mets; miRview mets2; miRview squamous; miRview meso, and miRview lung.

Rimonim Consortium

In January 2011, the Company joined the Rimonim Consortium, which is supported by the Office of the Chief Scientist at the Ministry of Industry, Trade and Labor of the State of Israel, or the OCS. The purpose of the consortium is to develop RNA interference, or RNAi, -based therapeutics.

Rosetta Green

Rosetta Green Ltd. is an Israeli subsidiary of the Company, which was established to leverage its capabilities into the areas of cleantech and plant biotech by using its microRNA technologies to develop plants and algae more suitable for various applications, such as feedstocks for biofuels and agriculture. Research at the Rosetta Green project has been shown to develop algal strains with oil content, to discover potential novel microRNAs from commercially-important algae and to identify drought-regulated microRNAs in plants.

The Company competes with Pathwork Diagnostics, Inc., Biotheranostics, Inc., Combimatrix Corporation, Alnylam Pharmaceuticals, Inc., Asuragen Inc., Exiqon A/S, Life Technologies Corporation, Isis Pharmaceuticals, Merck & Co., Inc., Santaris Pharma A/S, and Regulus Therapeutics.

Advisors' Opinion:
  • [By John Udovich]

    On Tuesday, small cap cancer diagnostic stock Myriad Genetics, Inc (NASDAQ: MYGN) jumped 11.42% in one day, meaning its worth taking a closer look at the stock along with the performance of small cap cancer diagnostic stocks like Rosetta Genomics Ltd (NASDAQ: ROSG) and�Genomic Health, Inc (NASDAQ: GHDX) plus mid cap diagnostic stock Quest Diagnostics Inc (NYSE: DGX). I should mention that we have had�Myriad Genetics in our SmallCap Network Elite Opportunity (SCN EO) portfolio since February 5th and we are already up 18.50%���a nice return in just two weeks time.

  • [By John Udovich]

    Small cap cancer diagnostic stock�Myriad Genetics, Inc (NASDAQ: MYGN) jumped to a five year high on Wednesday�thanks to good�news that the�government will be paying a heftier reimbursement for its main test than previously feared, meaning its worth taking a closer look at the stock along with small cap cancer diagnostic stocks like Rosetta Genomics Ltd (NASDAQ: ROSG) and�Genomic Health, Inc (NASDAQ: GHDX) plus mid cap diagnostic stock Quest Diagnostics Inc (NYSE: DGX). I should also mention that Myriad Genetics has been in our SmallCap Network Elite Opportunity (SCN EO) portfolio since early February and we are now up some 32.5% since then ��thanks in part to the shorts being put in a short squeeze.

  • [By Peter Graham]

    The Q3 2014 earnings report for molecular diagnostic company Myriad Genetics, Inc (NASDAQ: MYGN) is due out after the market closes on Tuesday and things could get ugly since unlike potential diagnostic stock peers such as Rosetta Genomics Ltd (NASDAQ: ROSG) and mid cap diagnostic stock Quest Diagnostics Inc (NYSE: DGX), it�� the most shorted stock on the Nasdaq with short interest of 52.07%. Aside from the Myriad Genetics earnings report, it should be said that Rosetta Genomics Ltd last reported earnings on March 31st and those�earnings were for the full year 2013 while�Quest Diagnostics reported Q1 2014 earnings on April 24th that were a disappointment due to restructuring costs and harsh winter weather. However, Myriad Genetics has been the more interesting stock as Medicare reimbursement rate increases and the lost of a court bid to block competition while a patent-infringement case is pending have sent its shares all over the place.

  • [By John Udovich]

    Small cap genomics stocks Rosetta Genomics Ltd (NASDAQ: ROSG), Genomic Health, Inc (NASDAQ: GHDX) and CollabRx Inc (NASDAQ: CLRX) are at the forefront of genomics testing�or research. I should mention that Wikipedia defines genomics�as a�discipline in genetics that applies recombinant DNA, DNA sequencing methods and bioinformatics to sequence, assemble and analyze the function and structure of genomes (the complete set of DNA within a single cell of an organism). A 2013 Booz Allen Hamilton report on the sector noted that in�2011, the US genetic and genomic clinical testing market size was estimated to be $5.9 billion while the�number of available tests has grown substantially from 1,680 just 4 years ago to 2,886 in 2012.

Top 10 Logistics Stocks To Invest In Right Now: Tranzyme Inc.(TZYM)

Tranzyme, Inc., a clinical-stage biopharmaceutical company, engages in the discovery, development, and commercialization of small molecule therapeutics for the treatment of acute and chronic gastrointestinal (GI) motility disorders in the United States and internationally. The company?s clinical product candidates include ulimorelin, an intraveneous ghrelin agonist, which is in the Phase III clinical development stage for the treatment of acute upper GI motility disorders; and TZP-102, an orally-administered ghrelin agonist that has commenced Phase IIb clinical development stage for the treatment of diabetic gastroparesis. Its preclinical product candidates comprise TZP-201, a motilin antagonist for the treatment of various forms of moderate-to-severe diarrhea; and TZP-301, an oral ghrelin antagonist for the treatment of metabolic diseases. The company has strategic collaboration with Bristol-Myers Squibb Company to discover, develop, and commercialize additional novel co mpounds; and a license agreement with Norgine B.V to develop and commercialize ulimorelin in Europe, Australia, New Zealand, the Middle East, and north and South Africa. Tranzyme, Inc. was founded in 1998 and is headquartered in Durham, North Carolina.

Advisors' Opinion:
  • [By CRWE]

    Tranzyme Pharma (Nasdaq:TZYM) reported that it has closed the previously announced underwritten registered direct offering of approximately 3.0 million shares of its common stock at a price of $3.85 per share for gross proceeds, including the over-allotment option, of approximately $11.5 million.

Top 10 Logistics Stocks To Invest In Right Now: The Babcock & Wilcox Co (BWC)

The Babcock & Wilcox Company (B&W), incorporated on March 8, 2010, is a technology innovator in power generation systems, a specialty constructor of nuclear components and a service provider in its segments. The Company provides a variety of products and services to customers in the power and other steam-using industries, including electric utilities and other power generators, industrial customers in various other industries, and the United States Government. The Company operates in four business segments: Power Generation, Nuclear Operations, Technical Services and Nuclear Energy.

Power Generation

Through Power Generation segment, the Company supplies boilers fired with fossil fuels, such as coal, oil and natural gas, or renewable fuels, such as biomass, municipal solid waste and concentrated solar energy. In addition, the Company supplies environmental equipment and components and related services to customers in different regions around the world. The Company designs , engineers, manufactures, supplys, constructs and services utility and industrial power generation systems, including boilers used to generates steam in electric power plants, pulp and paper making, chemical and process applications and other industrial uses.

Power Generation segment specializes in engineering, manufacturing, procurement and erection of equipment used in the power generation industry and various other industries, and the provision of related services, including engineered-to-order services, products and systems for energy conversion worldwide and related auxiliary equipment, such as burners, pulverizers, soot blowers and ash handling systems; heavy-pressure equipment for energy conversion, such as boilers fueled by coal, oil, bitumen, natural gas, municipal solid waste, biomass and other fuels; environmental control systems, including both wet and dry scrubbers for flue gas desulfurization, modules for selective catalytic reduction of the oxides of nitrogen, equipment to capture! particulate matter, such as fabric filter baghouses and wet and dry electrostatic precipitators, and similar devices, and power plant equipment and related heavy mechanical erection services.

The Company supports primarily fossil operating plants with a variety of additional services, including the installation of new systems and replacement parts, engineering services, construction, inspection, maintenance and field technical services, such as condition assessments and inventory services. The Company offers a range of construction services through a wholly owned subsidiary including erection of utility and industrial boiler plants and installations of cogeneration facilities and pollution control equipment, such as selective catalytic reduction systems and flue gas desulfurization scrubbers.

The Company also provides power through cogeneration, refuse-fueled power plants and other independent power-producing facilities. In this market, the Company owns and operates facilities, supply equipment and serve as contractors for engineer-procure-construct services and operations and maintenance.

Nuclear Operations

Through Nuclear Operations segment, the Company engineers , design and manufactures precision naval nuclear components and reactors for the United States Department of Energy (DOE)/National Nuclear Security Administration's (NNSA) Naval Nuclear Propulsion Program.The Company's Nuclear Operations segment specializes in the design and manufacture of close-tolerance and equipment for nuclear applications. In addition, the Company is a manufacturer of critical nuclear components, fuels and assemblies for government and limited commercial uses. The Company also converts or downblend high-enriched uranium into low-enriched fuel for uses in commercial reactors to generate electricity. The Company has also been a provider in the receipt, storage, characterization, dissolution, recovery and purification of a variety of uranium-bearing materials. All phases! of urani! um downblending and uranium recovery are provided at the Company's Lynchburg, Virginia and Erwin, Tennessee sites.

The Company works closely with the DOE-supported nuclear non-proliferation program. This program is assisting in the development of a high-density, low-enriched uranium fuel required for high-enriched uranium test reactor conversions.

Technical Services

Through Technical Services segment, the Company provides various services to the United States Government, including uranium processing, environmental site restoration services and management and operating services for various United States Government-owned facilities. These services are provided to the DOE, including the NNSA, the Office of Nuclear Energy, the Office of Science, the Department of Defense and the Office of Environmental Management.

The Company�� principal operations include managing and operating nuclear production facilities; managing and operating environmental management sites; managing spent nuclear fuel and transuranic waste for the DOE, and providing critical skills and resources for DOE sites.The Company manages and operates complex, high-consequence nuclear and national security operations for the DOE and the NNSA, primarily through its joint ventures. The Company's Technical Services segment's overall activity primarily depends on authorized spending levels of the DOE, NNSA, the Office of Nuclear Energy, the Office of Science, the Department of Defense and the Office of Environmental Management.

Nuclear Energy

Through Nuclear Energy segment, the Company supplies commercial nuclear steam generators and components to nuclear utility customers. In addition, this segment offers a full spectrum of services for steam generators and balance of plant equipment, as well as nondestructive examination and tooling/repair solutions for other plant systems and components. The Company's Nuclear Energy segment fabricates pressure vessels, reactors, stea! m generat! ors, heat exchangers and other auxiliary equipment. This segment also provides specialized engineering and maintenance services and power plant construction. This segment specializes in performing full scope, prototype design work coupled with manufacturing integration. The Company is developing the B&W mPower reactor, a small modular reactor design with the flexibility to provide between 180 megawatts to greater than 1,000 megawatts of electrical power generation (in increments of 180 megawatts) and the capacity to operate for a four year operating cycle without refueling.

The Company competes with Alstom S.A., Doosan Babcock, Babcock Power, Inc., Foster Wheeler AG., Hitachi, Ltd., Bechtel National, Inc., URS Corporation, CH2M Hill, Inc., Fluor Corporation, Lockheed Martin Corporation, Jacobs Engineering Group, Inc., AREVA Inc., EnergySolutions, Inc. and Northrop Grumman Corporation.

Advisors' Opinion:
  • [By The Energy Report]

    JH: One of the areas where the U.S. for decades has been the leading technological power is in small nuclear reactors. We've used them on our aircraft carriers and on our nuclear submarines safely and efficiently. The U.S. has an advantage in understanding small modular nuclear reactors. One of the companies that we have followed for a long time that's working on that is Babcock & Wilcox Co. (BWC). There's also Fluor Corp. (FLR), which is working on small modular nuclear reactors. President Obama and the Department of Energy are funding research on the implementation of small modular nuclear reactors.

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