Following up on a strong earnings report from Wednesday, hi-tech glassmaker Corning (NYSE: GLW ) offered further details this morning on its plans for the future.
Specifically, Corning announced plans to capitalize upon a coming wave in new environmental regulation of heavy-duty engines in Europe and China, by investing similarly heavily in its production of diesel emissions control products.
Corning says it will spend about $250 million on capital improvements in its Environmental Technologies�&�Life Sciences�Business Group, hoping to double its revenues from the group by 2017. Corning will spend to increase capacity at its Erwin diesel facility, which manufactures large ceramic substrates and filters for heavy-duty diesel engine, truck, construction, and agricultural equipment manufacturers.
5 Best Life Sciences Stocks To Watch For 2014: Energy XXI(Bermuda)
Energy XXI (Bermuda) Limited, together with its subsidiaries, engages in the acquisition, exploration, development, production, and operation of oil and natural gas properties onshore in Louisiana and Texas, and offshore in the Gulf of Mexico. The company operates or has interest in 419 gross producing wells in 41 producing fields on 254,891 net developed acres. As of June 30, 2011, its net proved reserves were 116.6 million barrels of oil equivalent. The company was founded in 2005 and is based in Hamilton, Bermuda.
5 Best Life Sciences Stocks To Watch For 2014: Cardero Resource Corp (CDU.TO)
Cardero Resource Corp., together with its subsidiaries, engages in the acquisition, exploration, and development of mineral properties in Mexico, Peru, Argentina, Ghana, the United States, and Canada. It primarily explores for metallurgical coal, titanium, and iron ore with titanium and vanadium by-products. The company holds a 75% interest in the Carbon Creek deposit, a metallurgical coal development project located in the Peace River Coal Field of northeast British Columbia, as well as holds an option to acquire a 100% interest in the Trefi Metallurgical Coal deposit comprising 15 coal licenses and 3 license application areas totaling 9,437 hectares located in northeastern British Columbia. It also holds an option to acquire a 90% joint venture interest in the Sheini Hill Iron Project located in Ghana; a 100% in the Iron Sands deposit in southern Peru; and an 85% interest in the Longnose property, as well as holds a 100% leasehold interest in the Titac property located i n Minnesota in St. Louis County. The company was formerly known as Sun Devil Gold Corp. and changed its name to Cardero Resource Corp. in May 1999. Cardero Resource Corp. was founded in 1985 and is headquartered in Vancouver, Canada.
Top High Tech Stocks To Invest In 2014: Tech Data Corporation(TECD)
Tech Data Corporation engages in the wholesale distribution of technology products in North America, South America, Europe, the Middle East, and Africa. It distributes and markets approximately 150,000 products, including computer peripherals, physical security, consumer electronics, digital signage, and mobility hardware, as well as provides logistics management services. The company also provides a range of services, such as training and technical support, customized shipping documents, product configuration/integration, and access to flexible financing programs, as well as a suite of electronic commerce tools comprising Internet order entry and electric data interchange services. It serves approximately 125,000 value-added resellers, direct marketers, retailers, and corporate resellers. The company was founded in 1974 and is based in Clearwater, Florida.
5 Best Life Sciences Stocks To Watch For 2014: Huron Consulting Group Inc.(HURN)
Huron Consulting Group Inc. provides operational and financial consulting services in the United States. Its Health and Education Consulting segment develops and implements solutions to help clients address financial management, strategy, operational and organizational effectiveness, research administration, and regulatory compliance; and offers consulting services related to organization performance improvement, revenue cycle improvement, turnarounds, merger or affiliation strategies, labor productivity, non-labor cost management, information technology, patient flow improvement, physician practice management, interim management, clinical quality and medical management, and governance and board development to hospitals, health systems, physicians, managed care organizations, academic medical centers, colleges, universities, and pharmaceutical and medical device manufacturers. The company?s Legal Consulting segment provides strategic and management consulting, cost managem ent, and technology and information management, including matter management, records, document review, and discovery services to assist law departments and law firms. This segment also offers V3locity solution, which delivers streamlined e-discovery process; and IMPACT solution that delivers sustainable cost reductions. Its Financial Consulting segment assists corporations with accounting and financial reporting matters, and provides financial analysis in restructuring and turnaround situations, as well as consults with companies in the areas of corporate governance, Sarbanes Oxley compliance, and internal audit. Huron Consulting Group Inc. serves various industries, including healthcare, education, professional services, pharmaceutical, technology, transportation services, telecommunications, financial services, electronics, consumer products, governmental, energy and utilities, and industrial manufacturing. The company was founded in 2002 and is headquartered in Chicago, I llinois.
Advisors' Opinion:- [By Zacks]
Huron Consulting Group Inc. (HURN) is a leading provider of financial and operational consulting services that gained 15.4% last week. The company reported first-quarter earnings per share of 55 cents on revenues of $116 million. Earnings bettered the consensus by approximately 7.8% and surged from the previous year, while revenues soared 87% from the first quarter of 2006’s $62.2 million. Huron Consulting Group reached a 52-week high on May 3 while earnings estimates for this year improved 1.3% in the past seven days. The company continues to experience increased demand across its service offerings, and is optimistic that it will continue for the remainder of 2007. Huron Consulting Group believes it is well-positioned for this year and beyond, as evidenced by the decision to boost its full year outlook.
5 Best Life Sciences Stocks To Watch For 2014: Sage Gold Inc (SGX.V)
Sage Gold Inc. engages in the acquisition, exploration, and development of mineral properties in Canada. Its principal properties include the Clavos gold property, which comprises 69 patented and leased claims and 14 unpatented claims covering an area of 2,540 hectares in Timmins; the Onaman property, which includes copper, gold, and silver Lynx deposits; and Beardmore/Geraldton properties consisting of 9 mining claims located in the townships of Irwin and Walters, Ontario. The company was founded in 1997 and is based in Toronto, Canada.
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