Shares of SolarCity (SCTY) shot up 11% on Thursday after a new financing deal from Goldman Sachs (GS). SolarCity, which provides solar panels to homes and businesses, will be able to secure additional customers and blow past its guidance for installed products.
The collaboration with Goldman Sachs brings $500 million in financing for homes and businesses. The deal is listed as enough to produce 110 megawatts of solar panel products. In comparison, SolarCity just produced 156 megawatts in fiscal 2012. The deal with Goldman Sachs is the largest ever in the United State for homeowners' rooftops. An extension of a 2012 agreement, the deal has already produced 26 mw of solar panel projects.
Wall Street liked the announcement and you should too. Despite being in only 14 states and having a relatively small market share of available homes, SolarCity continues to accelerate its growth and benefit from financing deals. The company will charge customers no up front costs under the new deal, instead securing "a recurring, predictable cash flow stream". Those words should be music to investors' ears, as it paves the way for guaranteed monthly income down the road.
Top Specialty Retail Companies To Own In Right Now: Omnicom Group Inc.(OMC)
Omnicom Group Inc., together with its subsidiaries, provides advertising, marketing, and corporate communications services. It offers services in traditional media advertising, customer relationship management, public relations, and specialty communications groups. The company?s services include advertising, brand consultancy, corporate social responsibility consulting, crisis communications, custom publishing, database management, digital and interactive marketing, direct marketing, directory advertising, entertainment marketing, environmental design, experiential marketing, field marketing, financial/corporate business-to-business advertising, graphic arts, healthcare communications, and instore design. Omnicom Group also offers investor relations, marketing research, media planning and buying, mobile marketing services, multi-cultural marketing, non-profit marketing, organizational communications, package design, product placement, promotional marketing, public affairs, public relations, recruitment communications, reputation consulting, retail marketing, search engine marketing, and sports and event marketing services. It offers its services in the Americas, Europe, the Middle East, Africa, Asia, and Australia. The company was founded in 1944 and is based in New York, New York.
Advisors' Opinion:- [By Martin]
Omnicom Group provides advertising, marketing and corporate communications services. OMC recently traded at $37.1 and has a 2.7% dividend yield. OMC gained 3.7% during the past 12 months. The stock has a market cap of $10.4 billion, P/E ratio of 12.2 and forward P/E ratio of 10. The stock has total debt/equity ratio of 0.9 and Beta of 1.16.
Top Specialty Retail Companies To Own In Right Now: FirstService Corporation (FSRV)
FirstService Corporation provides real estate related services to commercial, institutional, and residential customers in North America and internationally. The company operates in three segments: Commercial Real Estate Services, Residential Property Management, and Property Services. The Commercial Real Estate Services segment offers brokerage, property management and maintenance, valuation, project management, and corporate advisory services primarily on office, industrial, retail, and multi-unit residential properties to owners, investors, tenants, corporations, financial institutions, governments, and individuals. The Residential Property Management segment manages private residential communities, including condominiums, cooperatives, homeowner associations, and various other residential developments governed by multi-unit residential community associations. This segment provides a range of property management services comprising facility maintenance, landscaping, swim ming pool management, home service contracts, energy usage benchmarking and retrofit consulting, real estate sales and leasing, heating, air conditioning, and concierge services. The Property Services segment offers various residential and commercial services through delivery channels, such as contractor network, franchise networks, and branchises. It provides property preservation, maintenance, repair, and inspection services to residential mortgage lenders and servicers for properties in the delinquency and foreclosure process; residential and commercial restoration services serving the insurance restoration industry; residential and commercial painting, and decorating services; installed closet and home storage systems; exterior residential painting and window cleaning services; home repair and remodeling service franchise; home inspection; and residential floor coverings design and installation services. FirstService Corporation was founded in 1972 and is headquartered i n Toronto, Canada.
Hot India Companies To Invest In 2014: L'espresso(ESPI.MI)
Gruppo Editoriale L'Espresso SpA, a multimedia company, together with its subsidiaries, engages in the publishing, radio, advertising, Internet, and television (TV) businesses in Italy. It publishes la Repubblica, a national daily newspaper; and weekly supplements comprising Affari& Finanza, which offers business/finance content; Il Venerdi to provide information on lifestyle and TV programming; D - La Repubblica delle Donne for women; and Trova Roma and Tutto Milano, which are entertainment and leisure local guides, as well as monthly supplements, such as XL for young people and Velvet that provides content on fashion. The company also publishes L'Espresso, a weekly newsmagazine; monthly magazines, including National Geographic Italia, Le Scienze, and Mente & cervello; bimonthly magazines comprising Limes and MicroMega; Le Guide dell?Espresso, an annual guide to restaurants, hotels, and wines; and 17 local daily newspapers and a three-weekly paper. In addition, it operat es three national commercial radio stations, including Radio Deejay, Radio Capital, and Radio m2o; and Deejay TV, a national analog uncoded and digital terrestrial channel; My Deejay, a multimedia social network satellite TV channel; Repubblica TV, an Internet/digital terrestrial channel; and Ondalatina, a satellite TV channel of Latin music. Further, the company offers radio and video broadcasting contents, Web solutions, and services to private companies, as well as information, data banks, case studies, and original analyses and research services. Gruppo Editoriale L'Espresso SpA is headquartered in Rome, Italy.
Top Specialty Retail Companies To Own In Right Now: Kenmare Res(KMR.L)
Kenmare Resources plc, together with its subsidiaries, operates as a mining and exploration company. The company principally engages in the operation of the Moma Titanium Minerals mine, which is located on the north east coast of Mozambique. It sells a range of ilmenite, rutile, and zircon to the producers of titanium dioxide pigment, zircon millers, and specialized manufacturers supplying niche markets. The company was founded in 1972 and is based in Dublin, Ireland.
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