Pennsylvania Real Estate Investment Trust� (NYSE: PEI ) �reported first-quarter results yesterday that were below consensus expectations on the top line but came in ahead on the bottom line, causing the company to�raise guidance�for the full year.
Pennsylvania REIT reported revenues for the three months ended March 31 of $106 million, up 3% from the same period last year when it recorded revenues just under $103 million.�With funds from operations (FFO) of $24.2 million recorded in the first quarter, down $0.8 million from last year, the REIT now expects full-year FFO to be in the range of $2.00 to $2.08 per share, some 2% ahead of the $1.95 to $2.05 per share it previously pegged FFO to come in at.
Pennsylvania REIT CEO�Joseph F. Coradino said, "We are off to a strong start in 2013. During the first quarter, we delivered strong operating results, increased the dividend on our common shares, refinanced property-level debt at lower interest rates, disposed of non-core assets improving the quality of our portfolio, and last week refinanced our credit facility on highly favorable terms."
Top Sliver Companies To Buy For 2015: McDonald's Corporation(MCD)
McDonald?s Corporation, together with its subsidiaries, operates as a worldwide foodservice retailer. It franchises and operates McDonald?s restaurants that offer various food items, soft drinks, coffee, and other beverages. As of December 31, 2009, the company operated 32,478 restaurants in 117 countries, of which 26,216 were operated by franchisees; and 6,262 were operated by the company. McDonald?s Corporation was founded in 1948 and is based in Oak Brook, Illinois.
Advisors' Opinion:- [By WWW.DAILYFINANCE.COM]
Luke Sharrett/Bloomberg via Getty Images NEW YORK -- At a dinner McDonald's (MCD) hosted for reporters and bloggers, waiters served cuisine prepared by celebrity chefs using ingredients from the chain's menu. A Kung Pao chicken appetizer was made with Chicken McNuggets doused in sweet-and-sour sauce and garnished with parsley. Slow-cooked beef was served with gnocchi fashioned out of McDonald's french fries and a fruit sauce from its smoothie mix. For dessert, its biscuit mix was used to make a pumpkin spice "biznut," a biscuit-doughnut hybrid. The event, held in New York City's Tribeca neighborhood, was billed "A transforming dining experience of 'fast food' to 'good food served fast.' " Attendees tweeted out photos and the night was written up on various websites. The dishes aren't intended for McDonald's restaurants. Instead, the evening is part of a campaign by McDonald's to shake its reputation for serving cheap, unhealthy food. At a time when Americans are playing closer attention to what they eat, the company is trying to sway public opinion by first reaching out to the reporters, bloggers and other so-called "influencers" who write and speak about McDonald's. It's just one way McDonald's is trying to change its image. In the past 18 months, the chain has introduced the option to substitute egg whites in breakfast sandwiches and rolled out chicken wraps as its first menu item with cucumbers. Last fall, it announced plans to give people the choice of a salad instead of fries in combo meals. And in coming months, mandarins will be offered in Happy Meals, with other fruits being explored as well. McDonald's declined to make an executive available for this story, but CEO Don Thompson said early this year: "We've got to make sure that the food is relevant and that the awareness around McDonald's as a kitchen and a restaurant that cooks and prepares fresh, high quality food is strong and pronounced." The company faces an uphill battle, especiall
- [By WWW.DAILYFINANCE.COM]
www.tacobell.com The munchers have spoken, and Taco Bell isn't going to like what it's hearing. A recent Consumer Reports poll asked its readers to chime in with their opinions on the quality of signature items at leading fast food restaurants. It got an earful as more than 32,000 offered up their thoughts on more than 96,000 meals across 65 chains. The most magnetic headline of the report was that McDonald's (MCD) burgers ranked dead last among the 21 largest burger flippers in the country. However, Yum! Brands (YUM) -- the parent company of KFC, Pizza Hut and Taco Bell -- got a double dose of bad news when KFC ranked eighth and worst on the list for chicken, and Taco Bell stumbled into a last-place eighth out of eight competitors in the burrito category. The Fine Cuisine-Cost Conundrum It's not necessarily ironic that the country's largest burger, fried chicken and Mexican chains ranked last in the Consumer Reports taste test. It makes sense. These chains tend to offer cheaper fare than their rivals, and part of that is a byproduct of lower spending on ingredients. Despite the advantages of buying in massive bulk, one should never expect the raw materials that go into a $1.49 Beefy 5-Layer Burrito at Taco Bell to be in the same category as those that go into a $6 burrito at Chipotle Mexican Grill (CMG). There's also something to be said about the old adage that familiarity breeds contempt. The well-known top dogs will always be the easiest targets. However, Taco Bell still needs to be careful. It used to be a compliment to be mentioned in the same breath as McDonald's, but these days, it's disparaging. People Still Want Their Gorditas Taco Bell can point to recent performance to prove that it's not being shunned by diners (relatively speaking) in the same way that McDonald's is. Outside of an unusual dip in its most recent quarter, Taco Bell has mustered positive comparable store sales pretty consistently in this country over the past couple of years.
- [By Douglas A. McIntyre]
And Starbucks will be nagged forever by the fact it was flanked by McDonald’s Corp. (NYSE: MCD) in the coffee business. Wall Street has not forgotten that one of America’s oldest fast-food companies trumped one of its newest ones using distribution heft, brand and a huge store chain size to stagger Starbucks within the business in which it claimed to be the leader.
- [By GuruFocus]
These are the top 5 holdings of Bill Gates
Berkshire Hathaway Inc (BRK.B) - 82,039,804 shares, 48.5% of the total portfolio. Shares reduced by 5.74% Coca-Cola Co (KO) - 34,002,000 shares, 7.0% of the total portfolio. McDonald's Corporation (MCD) - 10,872,500 shares, 5.3% of the total portfolio. Shares added by 10.13% Caterpillar Inc (CAT) - 11,260,857 shares, 5.1% of the total portfolio. Shares added by 4.65% Canadian National Railway Co (CNI) - 17,126,874 shares, 4.9% of the total portfolio.
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�Added: McDonald's Corporation (MCD)
Top 5 Dividend Stocks To Invest In Right Now: TECO Energy Inc.(TE)
TECO Energy, Inc., an electric and gas utility company, through its subsidiaries, engages in the generation, purchase, transmission, distribution, and sale of electric energy. It provides retail electric service to approximately 672,000 customers in West Central Florida with a net winter system generating capability of 4,684 megawatts. The company also engages in the purchase, distribution, and marketing of natural gas. It serves approximately 336,000 residential, commercial, industrial, and electric power generation customers in Florida. In addition, the company owns mineral rights, owns or operates surface and underground mines, and owns interests in coal processing and loading facilities. TECO Energy, Inc. was founded in 1899 and is headquartered in Tampa, Florida.
Advisors' Opinion:- [By Justin Loiseau]
TECO Energy (NYSE: TE ) is known for its coal-centric capacity and ownership of Appalachian mines, but the company relies on natural gas for 39% of its overall generation.
- [By Justin Loiseau]
As coal prices regain their competitive edge, investors should watch TECO Energy (NYSE: TE ) , Great Plains Energy (NYSE: GXP ) , and FirstEnergy (NYSE: FE ) .
Top 5 Dividend Stocks To Invest In Right Now: Paragon Shipping Inc.(PRGN)
Paragon Shipping Inc. provides shipping transportation services worldwide. The company engages in the ocean transportation of various drybulk cargoes and containers. Its fleet consists of 11 drybulk vessels with a total carrying capacity of 747,994 dwt. The company was founded in 2006 and is based in Voula, Greece.
Advisors' Opinion:- [By Roberto Pedone]
Another under-$10 name shipping player that's starting to move within range of triggering a big breakout trade is Paragon Shipping (PRGN), which is engaged in transporting drybulk cargoes, including such commodities as iron ore, coal, grain and other materials along shipping routes worldwide. This stock has been on fire so far in 2013, with shares up sharply by 114%.
If you take a look at the chart for Paragon Shipping, you'll notice that this stock just recently took out its 50-day moving average of $4.19 a share with strong upside volume. Shares of PRGN are showing relative strength today, despite the overall market weakness, which shows this stock is in strong demand at current levels. This move is now starting to push shares of PRGN within range of triggering a big breakout trade
Market players should now look for long-biased trades in PRGN if it manages to break out above some near-term overhead resistance at $4.90 a share with high volume. Look for a sustained move or close above that level with volume that hits near or above its three-month average action of 25,811 shares. If that breakout triggers soon, then PRGN will set up to re-test or possibly take out its 52-week high at $5.70 a share. If that level gets taken out with volume, then PRGN could easily tag its next major overhead resistance levels at $7 to $8.35 a share.
Traders can look to buy PRGN off weakness to anticipate that breakout and simply use a stop that sits right below its 50-day moving average of $4.19 a share, or below its 200-day moving average at $3.74 a share. One can also buy PRGN off strength once it clears $4.90 a share with volume and then simply use a stop that sits a comfortable percentage from your entry point. I would add to either position once PRGN takes out its 52-week high at $5.70 a share with strong upside volume flows.
Top 5 Dividend Stocks To Invest In Right Now: Plum Creek Timber Company Inc.(PCL)
Plum Creek Timber Company, Inc. is a publicly owned real estate investment trust (REIT). The trust owns and manages timberlands in the United States. Its products include lumber products, plywood, medium density fiberboard, and related by-products, such as wood chips. The trust also focuses on mineral extraction and natural gas production, communication, and transportation. Plum Creek Timber Company was founded in 1989 and is based in Seattle, Washington.
Advisors' Opinion:- [By Matt DiLallo]
This has trickled all the way down to the performance of forestry companies. Timber REIT Plum Creek Timber (NYSE: PCL ) saw its first-quarter earnings nearly double. Its business performance improved across the board as its timber segment saw revenue grow 9.7%, while its manufacturing segment saw a 13% increase and finally its real estate business improved revenue by 22%. Looking ahead, the company expects higher demand for both lumber and structural panels, which will positively impact prices for the foreseeable future. To take advantage of this, last month it restarted operations at one of its sawmills, which had been idle since 2009.
- [By John Divine]
Plum Creek Timber (NYSE: PCL ) , which is a real estate investment trust, or REIT, also lost 4.7% today. REITs had a rough go of it Wednesday; they frequently borrow money to pay their high dividends, and with the prospect of higher interest rates around the corner as the Fed starts allowing rates to rise, REITs like Plum Creek will have to pay more just to keep their payouts stagnant.
- [By Ben Levisohn]
Among stocks in the S&P 500, CBRE Group (CBG) has dropped 5.5% to $23.05 after it reported a profit of 30 cents a share, missing forecasts for 33 cents. Aflac (AFL), meanwhile, has fallen 3% to $65 after it reported a profit of $1.47, missing estimates for $1.48 on weakness in Japan. Plum Creek Timber (PCL) has dropped 1.3% to $45.76 after announcing that it would sell 12.1 million shares of stock at $45.
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