China has the world's largest economy in terms of purchasing power. When it moves, markets can be crushed.
Even though China is not posting double-digit economic growth like it did before, shipping (NYSE: SEA), natural gas (NYSE: UNG) and coal (NYSE: KOL) should all fear the way the leadership is positioning the country.
Top International Stocks To Own Right Now: Lions Gate Entertainment Corp (LGF)
Lions Gate Entertainment Corp. (Lionsgate), incorporated on April 28, 1997, is an entertainment company with a presence in motion picture production and distribution, television programming and syndication, home entertainment, family entertainment, digital distribution, new channel platforms and international distribution and sales. During fiscal year ended March 31, 2012 ( fiscal 2012), Lionsgate released 14 motion pictures theatrically, which included films developed and produced in-house, films co-developed and co-produced and films acquired from third parties. In December 2011, the Company formed a partnership with Saban Capital Group, Inc (SCG) and Celestial Pictures to create Celestial Tiger Entertainment Limited (Celestial Tiger Entertainment), a media company dedicated to entertaining audiences in Asia and beyond. In January 2012, the Company acquired 16 % interest in Celestial Tiger Entertainment. On January 13, 2012, the Company acquired Summit Entertainment, LLC (Summit), an independent global theatrical motion picture development, production, and distribution studio. In February 2012, Tele Munchen Group acquired rights to Charlie Sheen Sitcom ANGER MANAGEMENT for Germany, Austria and German speaking Switzerland from the Company�� international television division. Effective March 26, 2013, CBS Corp acquired 50% interest in The TV Guide Network from the Company. In June 2013, CBS Corp acquired TV Guide Digital, which includes the popular TVGuide.com and TV Guide Mobile properties from the Company.
The Company�� television business consists of the development, production, syndication and distribution of television productions. As of March 31, 2012, it produced and syndicated 19 television shows, which air on 14 networks and distribute over 200 series globally. It distributes its library of approximately 13,000 motion picture titles and television episodes and programs directly to retailers, rental kiosks, through various digital media platforms, and pay and free television c! hannels in the United States, the United Kingdom and Ireland, and indirectly to other international markets through its subsidiaries and various third parties. It also distributes product through Celestial Tiger Entertainment, its joint venture with SCG and Celestial Pictures, a company wholly owned by Celestial Pictures; Horror Entertainment, LLC (FEARnet), its joint venture with Sony Pictures Television Inc. (Sony) and Comcast Corporation (Comcast); Studio 3 Partners LLC (EPIX), its joint venture with Viacom Inc. (Viacom), its Paramount Pictures unit (Paramount Pictures) and Metro-Goldwyn-Mayer Studios Inc. (MGM), and TV Guide Network, TV Guide Network On Demand and TV Guide Online (www.tvguide.com) (collectively, TV Guide Network), its joint ventures with One Equity Partners (OEP), the global private equity investment arm of JPMorgan Chase & Co.
Production
The Company takes a disciplined approach to film production with the goal of producing content, which it can distribute to theatrical and ancillary markets, which include home entertainment, pay and free television, on-demand services and digital media platforms, both domestically and internationally. During fiscal 2012, it produced, participated in the production of, completed or substantially completed principal photography of motion pictures, which included Good Deeds, The Hunger Games, What To Expect When You're Expecting, Tyler Perry's Madea's Witness Protection, Step Up Revolution, The Possession, The Perks of Being A Wallflower, The Twilight Saga: Breaking Dawn - Part 2, The Last Stand, Warm Bodies, Now You See Me, Tyler Perry's The Marriage Counselor, Tyler Perry's We The Peoples and Nurse 3D.
The Company�� television business consists of the development, production, syndication and distribution of television programs. It licenses its television productions to the domestic cable, free and pay television markets, as well as through various digital platforms. During fiscal 2012, it produced 19 televi! sion show! s, aired original programming on 14 networks and distributed over 200 series globally. Domestic television programming includes one-hour and half-hour scripted and reality programming. During fiscal 2012, it produced the episodes of domestic television programming 13 episodes of the fifth season of the series Mad Men,; 13 episodes of the seventh season of Weeds, a half-hour comedy for Showtime; 10 episodes of the fourth season of Nurse Jackie, a half-hour comedy for Showtime; 13 episodes of the third season of Blue Mountain State, a half-hour comedy for Spike TV; and eight episodes of the first season of Boss, a one-hour drama for Starz.
The Company is engaged in the development, acquisition, production and distribution of animation projects for full theatrical release, television and digital versatile disk (DVD) release. Its direct-to-video animated movies with Marvel include Ultimate Avengers, Ultimate Avengers 2, The Invincible Iron Man, Doctor Strange, Next Avengers: Heroes of Tomorrow, Hulk vs. Thor/ Wolverine, Planet Hulk and Thor, Tales of Asgard. Its music department oversees music for its theatrical and television slates, as well as the music needs of other areas within its company. Its publishing revenue derives from performance royalties generated by the theatrical exhibition of its films and the television broadcast of its productions. Music released for its theatrical slate includes overseeing songs, scores and soundtracks for all of its productions, co-productions and acquisitions. During fiscal 2012, through its label partner Universal Republic, it released the soundtrack The Hunger Games Songs from District 12 and Beyond. In addition, it released through Universal Republic the score album, The Hunger Games: Music from the Motion Picture, by composer James Newton Howard. During fiscal 2012, it released Music Videos And Performances From The Twilight Saga Soundtracks: Volume 1, a collection of music videos and live performances from bands featured on the soundtracks from the ! first thr! ee Twilight films. In November 2011, it also released the first single from The Twilight Saga, Breaking Dawn - Part 1, It Will Rain, by Bruno Mars. During fiscal 2012, it also released soundtracks to One For The Money (Lakeshore Records), Abduction (Epic Records), Warrior (Lakeshore Records), Conan The Barbarian 3D (Warner Brothers Records) and The Devil's Double (Lakeshore Records).
Music released for the Company�� television slate includes overseeing songs, scores and soundtracks for all of its television productions. During fiscal 2012, it released Zou Bisou Bisou, a vinyl single and accompanying digital download derived from Jessica Pare's (Megan Draper) on-screen performance in the first episode of season 5 of Mad Men. In addition, in collaboration with FEARnet.com, it released an original soundtrack forFriday the 13th and for Boss, which featured a collaboration of Satan Your Kingdom Must Come Down between Robert Plant and Bosscomposer Brian Reitzell, yielding the show's evocative main title theme.
Distribution
The Company distributes motion pictures directly to the United States movie theaters. It constructs release schedules taking into account moviegoer attendance patterns and competition from other studios' scheduled theatrical releases. During fiscal 2012, Lionsgate released 14 motion pictures theatrically, which included films developed and produced in-house, films co-developed and co-produced and films acquired from third parties. During fiscal 2012, Summit released eight motion pictures theatrically, which included films developed and produced in-house, films co-developed and co-produced and films acquired from third parties. Its wholly owned subsidiary, Mandate Pictures LLC (Mandate Pictures), is a full-service production and financing company.
During fiscal 2012, Mandate Pictures' financed and produced pictures released included 50/50, A Very Harold & Kumar 3D Christmas and Young Adult. 50/50 was released by Summit in September 2011! . Young A! dult is written by Diablo Cody and released by Paramount Pictures in December 2011. A Very Harold & Kumar 3D Christmas was released by Warner Bros. Pictures in November 2011. During fiscal 2012, Mandate Pictures also financed and produced the Untitled Diablo Cody project starring Julianne Hough, Russell Brand, Octavia Spencer and Holly Hunter. As of March 31, 2011, Mandate Pictures' production and development slate included a comedy written and directed by Seth Rogen and Evan Goldberg (working title End Of The World). Mandate Pictures also maintains a partnership with Ghost House Pictures as a production label dedicated to the financing, development and production of films in the horror/thriller genre. Under this partnership, Mandate Pictures has produced 30 Days of Night: Dark Days, Drag Me To Hell, 30 Days of Night, The Grudge I and II, The Messengers and Boogeyman.
The primary components of the Company�� international business are, on a territory by territory basis through third parties or directly through its international divisions: the licensing and sale of rights in all media of its in-house product; the licensing and sale of third party product on an agency basis; the licensing of rights in all media of the in-house Summit product on an output basis; the licensing and sale of in-house catalog product or libraries of acquired titles (such as those of Miramax, Artisan Entertainment and Modern Times Group), and direct distribution. The Company sells or licenses rights in all media on a territory by territory basis (other than the territories where Lionsgate and/or Summit self-distribute) of its in-house Lionsgate and Summit product, as well as titles from Mandate Pictures and Ghost House Pictures; its catalog product or libraries of acquired titles, and product produced by third parties, such as Alcon Entertainment, Vendome Pictures, River Road Entertainment, CBS Films, Relativity Media and other independent producers.
During fiscal 2012, the Company�� output deals f! or Summit! product covered nine territories, including new output deals for Australia/New Zealand, Spain, the Commonwealth of Independent States and Eastern Europe, as well as output deals in Canada, France, Germany/Austria, Scandinavia, and the United Kingdom. It generates revenue through a sales agency business for third party product. Films sold by it include such in-house productions as What to Expect When You're Expecting, Hope Springs and Now You See Me. Third party films sold by includes Beautiful Creatures and The Railway Man. During fiscal 2012, its sales had record-breaking international box office results with releases, including The Twilight Saga: Breaking Dawn - Part 1, Immortals, and The Hunger Games.
The Company self-distributes motion pictures (excluding Summit releases) in the United Kingdom and Ireland through its subsidiary, Lions Gate UK Limited (Lionsgate UK). During fiscal 2012, Lionsgate UK's theatrical slate included such titles, such as Warrior, Abduction, 50/50, Ralph Fiennes' British Academy of Film and Television Arts Nominated directorial debut, Coriolanus, David Cronenberg's A Dangerous Method, and The Hunger Games. In May 2011, Lionsgate UK announced that it was co-financing and co-producing a new contemporary sci-fi adventure project The Fallen, and in November 2011, the production of Keith Lemon: The Film, a comedy with Celebrity Juice's host and international ladies' man Keith Lemon. In November 2011, Lionsgate UK also announced a multi-year partnership with Icon Film Distribution for release of theatrical titles moving forward.
Home entertainment distribution includes distribution of product to the home entertainment market, including home video, DVD, Blu-ray, video-on-demand (VOD) and digital/electronic distribution. During fiscal 2011 calendar year, Blu-ray represented 19% of new released packaged media revenue from its theatrical releases. It distributes or sells its titles directly to merchandisers, such as Wal-Mart, K-Mart, Best Buy, Target and Cos! tco, and ! others who buy its DVDs and Blu-ray discs to sell directly to consumers. During 2012, sales to Wal-Mart accounted for approximately 38% of net home entertainment packaged media revenue. It also directly distributes its titles to the rental market through Netflix, Redbox, Blockbuster and Rentrak. In addition to its theatrical releases each year, it also acquires and distributes approximately 70 titles annually that have commercial potential in video and ancillary markets, and approximately 50 digital only titles. It also distributes television product on video, including seasons one through five of Mad Men, seasons one through eight of Weeds, seasons one through four of Nurse Jackie, the first season of Boss, certain Saturday Night Live product in its library, seasons one through three of Blue Mountain State, the entire catalog of the comedy series Moonlighting, the entire catalog of the comedy series Will and Grace, the entire catalog of Little House on the Prairie and certain Disney-ABC Domestic Television series. During fiscal 2012, it also released several direct-to-video titles, including two Tyler Perry titles, Tyler Perry's Laugh to Keep from Crying and A Madea Christmas: The Play, and Set Up. Its fitness lineup includes series, such as Denise Austin, Jillian Michaels, The Biggest Loser and Dancing With The Stars, as well as titles from Billy Blanks Jr., and Jane Fonda. During fiscal 2012, it released on DVD the theatrical release of Madea's Big Happy Family, as well as the direct-to-video releases Tyler Perry's Laugh to Keep from Crying and A Madea Christmas: The Play. Its domestic family entertainment division is a distributor of children's product.
The Company syndicates television programming through its subsidiary, Debmar-Mercury. In fiscal 2012, Debmar-Mercury distributed approximately 1,100 hours and produced approximately 550 episodes of television programming. In fiscal 2013, Debmar-Mercury intends to distribute approximately 1,200 hours and produce approximately 550 episode! s of tele! vision programming. Debmar-Mercury produces and distributes The Wendy Williams Show, distributes the ITV Studios America produced The Jeremy Kyle Show, distributes Tyler Perry's House of Payne and its spinoff, Meet the Browns, and Revolution Studios' produced Are We There Yet, which will air simultaneously in broadcast syndication and on TBS starting in the fall of 2012. Debmar-Mercury also distributes the strips Hell's Kitchen, South Park, True Hollywood Story and Family Feud, which has had first run syndication and has been sold to various television stations through the fall of 2015. Debmar-Mercury continues to distribute a movie library featuring Lionsgate titles, as well as those from Revolution Studios. In July 2011, Debmar-Mercury announced that the first eight seasons of Hell's Kitchen, produced by ITV Studios America, will be exclusively available on the Hulu Plus subscription service beginning immediately, while current episodes from season nine and a rotating selection of library episodes will also be available on the free, ad-supported Hulu service. In April 2011, Debmar-Mercury announced that TBS ordered ten episodes of the new series Tyler Perry's For Better or Worse, a sitcom based on Tyler Perry's hit film Why Did I Get Married?. The series launched in November 2011. In February 2012, Debmar-Mercury received an order from TBS for an additional 35 episodes of the new series. Overall, 439 episodes of Debmar-Mercury's syndicated sitcoms with Tyler Perry have been ordered to-date.
In July 2011, the Company announced that FX had ordered Charlie Sheen's Anger Management. It has more than 1,000 titles in active distribution in the domestic cable, free and pay television markets. Pay television rights include rights granted to cable, direct broadcast satellite and other services paid for by subscribers. It sells its library titles and new product to major cable channels, such as pay networks, including EPIX, HBO, Starz and Showtime, as well as basic cable channels, including USA Net! work, FX,! Turner Networks, BET, ABC Family, SyFy, Lifetime, MTV, Comedy Central, Spike, AMC Networks, OWN, Reelz, Telemundo and Telefutura. It also directly distributes pay-per-view and VOD to cable, satellite and Internet providers, such as Comcast, Time Warner, Cox Communications, through iN Demand, Charter Communications, AT&T Uverse and Verizon FIOS through Avail-TVN, Cablevision, DirecTV and DISH Network. During fiscal 2012, it completed multi-year licensing agreements with Starz (for greater than 500 titles) and Showtime (for greater than 250 titles). In addition, it continues to distribute its library of motion picture titles and television episodes and programs through EPIX, its joint venture with Viacom, Paramount Pictures and MGM.
The Company delivers content through a range of digital media platforms. It distributes first run theatrical films, television series, its movie library, third party product and product not available on DVD to distribution outlets, including iTunes, Amazon, Microsoft's Xbox, Sony's Playstation Network, Netflix, Best Buy/CinemaNow, Hulu, YouTube, and Wal-Mart/Vudu. Through its partnership with EPIX, it offers product through the Internet and to multiple devices for consumption anytime/anywhere by EPIX subscribers. EPIX has subscription pay television rights to new releases and movies from the libraries of its partners and makes these movies available to Netflix 90 days after their premium pay television and subscription on demand debuts. In addition, its licensing relationship with Netflix continues. In April 2011, it announced a multiyear syndication deal with Netflix pursuant to which it licensed the first four seasons of Mad Men to be watched instantly by Netflix members beginning July 2011, with additional seasons being added annually after they air on their respective seasons on the AMC network.
The Company operates FEARnet, a branded multiplatform programming and content service provider of horror genre films, in connection with partners Comca! st and So! ny, and owns an interest in Break Media, a viral marketing company that creates new opportunities for showcasing the feature films and television programming. In addition, it has partnered with YouTube to create branded Lionsgate channels, which enable the Company to post full length films and television episodes and to post promotional scenes from its film and television libraries. In addition to sharing advertising revenue from the channel, a banner on the page leads to its online shop, where the films and shows highlighted in the promotional scenes are available for purchase as DVDs or Blu-ray discs in digital form.
Advisors' Opinion:- [By Dan Caplinger]
Tomorrow, Lions Gate Entertainment (NYSE: LGF ) will release its latest quarterly results. With the stock having set new all-time highs throughout the past year, investors are hoping that the good times will continue for quite a while longer.
- [By Jonas Elmerraji]
Why bother with introducing a new chart setup when there's another new take on the triangles we've been looking at so far? Lionsgate Entertainment (LGF) is a textbook example of the bearish inverse of the patterns in ACCO and CNO.
Lionsgate currently looks "toppy" thanks to a descending triangle that's been forming in shares since the beginning of September. The descending triangle is formed by a downtrending resistance level above shares and horizontal support, in this case at $34. The breakdown below the $34 price level is the signal to sell (or short) LGF.
Lionsgate's outcome is by no means foregone at this point -- buyers are still showing a willingness to step in and pick up shares at $34. But when LGF can print below that $34 price floor, traders should consider the uptrend officially over. If you decide to short the move, I'd recommend keeping a protective stop on the other side of the 50-day moving average.
- [By Jayson Derrick]
Lions Gate Entertainment (NYSE: LGF) plans to partner with Alibaba to launch a new streaming service in China that will be available through a set-top box. Shares of Lions Gate gained 3.27 percent, closing at $29.67.
Hot Shipping Companies To Invest In Right Now: CDI Corporation(CDI)
CDI Corp. provides engineering and information technology project outsourcing solutions and professional staffing services primarily in the United States, the United Kingdom, and Canada. It operates in four segments: ES, MRI, Anders, and ITS. The ES segment provides engineering, design, project management, staffing, and outsourcing solutions to oil, gas, refining, alternative energy, power generation and energy transmission, chemicals, and heavy manufacturing industries; engineering, design, logistics, and staffing services to the defense industry, primarily in marine design, systems development, and military aviation support; engineering, design, project management, staffing, and facility start-up services to pharmaceutical, bio-pharmaceutical, and regulated medical services industries; and architecture, civil and environmental engineering, communication technology, and consulting services to governmental, educational, and private industry customers. The MRI segment opera tes as a global franchisor that does business as MRINetwork and provides the use of its trademarks, business systems, and training and support services to its franchisees who engage in the search and recruitment of executive, technical, professional, and managerial personnel for employment by their customers. It also provides training, implementation services, and back-office services to enable franchisees to pursue staffing opportunities. The Anders segment provides contract and permanent placement candidates to customers in the areas of architecture, building services, rail, commercial and industrial construction, consulting engineering, facilities management, interior design, surveying, and town planning. The ITS segment offers various information technology related services, which include staffing augmentation, permanent placement, outsourcing, and consulting. The company was founded in 1950 and is based in Philadelphia, Pennsylvania.
Advisors' Opinion:- [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 CDI (NYSE: CDI ) , whose recent revenue and earnings are plotted below. - [By Rich Smith]
Philadelphia-based CDI Corp. (NYSE: CDI ) has won a $36 million contract to provide watercraft engineering and marine services to the U.S. Navy.
Hot Shipping Companies To Invest In Right Now: Ultra Petroleum Corp.(UPL)
Ultra Petroleum Corp., an independent oil and gas company, engages in the acquisition, exploration, development, production, and operation of oil and natural gas properties in the United States. It primarily focuses on developing a tight gas sand trend located in the Green River Basin of southwest Wyoming; and assessing, exploring, and developing its position in the Marcellus Shale and other horizons located in the north-central Pennsylvania area of the Appalachian Basin. As of December 31, 2011, the company owned interests in approximately 53,000 net acres in Wyoming covering approximately 190 square miles; 258,000 net acres in Pennsylvania; and 130,000 net acres in eastern Colorado?s Denver Julesburg Basin. Ultra Petroleum Corp. was founded in 1979 and is headquartered in Houston, Texas.
Advisors' Opinion:- [By Arjun Sreekumar]
Other pure-play gas producers are also employing similar approaches. Last month, Ultra Petroleum (NYSE: UPL ) announced that it would purchase oil-producing assets in Utah's Uinta Basin for $650 million in order to to diversify away from natural gas and gain exposure to a highly cash-generative asset base.
- [By Roberto Pedone]
Ultra Petroleum (UPL) is an oil and natural gas company engaged in the acquisition, exploration, development and production of oil and natural gas properties. This stock closed up 1.8% at $22.36 in Friday's trading session.
Friday's Volume: 10.05 million
Three-Month Average Volume: 3.19 million
Volume % Change: 300%Shares of UPL spiked up a bit on Friday after the company said it moved to a profit for its second quarter on improved revenue and the absence of major ceiling test writedowns. The company reported net income of $116.4 million, or 75 cents per share, vs. a loss of $1.19 billion, or $7.76 per share, for the same period last year.
From a technical perspective, UPL jumped higher here right above its 200-day moving average of $20.32 and back above its 50-day moving average of $21.48 with monster upside volume. This move is quickly pushing shares of UPL within range of triggering a near-term breakout trade. That trade will hit if UPL manages to take out some near-term overhead resistance levels at $21.96 to $22.47 with high volume. At last check, UPL closed near its intraday high of $22.50 and volume was well above its three-month average action.
Traders should now look for long-biased trades in UPL as long as it's trending above its 50-day $21.48 or its 200-day at $20.32 and then once it sustains a move or close above those breakout levels with volume that's near or above 3.19 million shares. If that breakout hits soon, then UPL will set up to re-test or possibly take out its 52-week high at $24.52. Any high-volume move above that level will then put $26 to $27.60, or even $30 into range for shares of UPL.
- [By Taylor Muckerman and Joel South]
Natural gas and crude oil prices experienced different fates in the last quarter of 2013. On one side, natural gas prices started under $4 per million British thermal units, or mmBtu, and peaked near $4.50. To counter that, oil fell back to double digits, ending near $92 per barrel. With moves like these, producers are bound to have been affected. Analyst Taylor Muckerman is keeping his eye on CF Industries (NYSE: CF ) , Chesapeake Energy (NYSE: CHK ) and Ultra Petroleum (NYSE: UPL ) to tell the story. Find out more in the clip below.
- [By Arjun Sreekumar]
A low-cost Marcellus producer to consider
Some of the lowest-cost producers in the play include the aforementioned Range Resources, Southwestern Energy, and EQT, as well as Ultra Petroleum (NYSE: UPL ) , which commands approximately 260,000 net acres in the play. The company boasted one of the lowest all-in costs per Mcfe in the entire industry last year and reckons that some of its deeper Marcellus wells can generate an IRR of 82% at a gas price of $4 per Mcf at the wellhead. �
Hot Shipping Companies To Invest In Right Now: Powershares High Yield Equity Dividend (PEY)
PowerShares High Yield Equity Dividend Achievers Portfolio is based on the Mergent Dividend Achievers 50 Index. The Mergent Dividend Achievers 50 Index seeks to deliver current income and capital appreciation. It comprises the fifty highest yielding companies with at least 10 years of consecutive dividend increases.
The Index�� high dividend yield approach provides exposure to deep value companies while the long-term dividend growth requirement attempts to minimize exposure to distressed value companies. The yield weighted portfolio is rebalanced quarterly and reconstituted annually.
Advisors' Opinion:- [By Chuck Saletta]
PowerShares High Yield Dividend Achievers (NYSEMKT: PEY )
50 higher yielding members of the dividend achievers index�
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