The ad, which has gone viral, shows two male lugers preparing to push their craft down the track. The two men methodically thrust band and forth ��back and forth ��in what looks like a sexually suggestive way. Then, this message appears on the screen: "The Games have always been a little gay. Let's fight to keep them that way."
This controversial ad comes courtesy of a tiny advocacy group called The Canadian Institute of Diversity and Inclusion.
Its founder, Michael Bach, says he's just trying to get a message of inclusion across to Russia -- which has a law making it illegal to promote non-traditional relationships. "In a fun way, we wanted to focus the world's attention on this issue," says Bach.
Top 10 Gold Companies To Own For 2015: Encana Corporation(ECA)
Encana Corporation and its subsidiaries engage in the exploration for, development, production, and marketing of natural gas, oil, and natural gas liquids. The company owns interests in resource plays that primarily include the Greater Sierra, Cutbank Ridge, Bighorn, and Coalbed Methane resource plays located in British Columbia and Alberta, as well as the Deep Panuke natural gas project offshore Nova Scotia in Canada. It also holds interests in resource plays comprising the Jonah in southwest Wyoming, Piceance in northwest Colorado, Haynesville in Louisiana, and Texas resource play, including east Texas and north Texas. The company serves primarily local distribution companies, industrials, energy marketing companies, and other producers. Encana Corporation was founded in 1971 and is headquartered in Calgary, Canada.
Advisors' Opinion:- [By Sara Murphy]
However, some are clearly more engaged than others. Encana (NYSE: ECA ) and Talisman Energy (NYSE: TLM ) have joined seven other natural gas producers to team up with the Environmental Defense Fund at the University of Texas at Austin to estimate their methane emission rates. It's too soon to know what they will do with this information, but the very fact that they're participating suggests that they intend to manage the problem.
Top Canadian Stocks To Own Right Now: Barrick Gold Corporation (ABX)
Barrick Gold Corporation engages in the production and sale of gold, as well as related activities, such as exploration and mine development. The company has a portfolio of 25 operating mines and a pipeline of projects located in North America, South America, the Australia Pacific region, and Africa. It also produces copper and holds interests in oil and gas properties located in Canada. The company was founded in 1983 and is based in Toronto, Canada.
Advisors' Opinion:- [By Doug Ehrman]
At pivot points, gold prices can be highly volatile, but this is often where the greatest opportunities exist. The shift to physical gold is an important one because, while the "gold market" is fairly large, there are limited quantities of bullion. This is one of the reasons that miners like Barrick Gold (NYSE: ABX ) and Kinross Gold (NYSE: KGC ) have also rebounded somewhat. Since the slide, Barrick is up over 9% and Kinross is up over 13%. In that same period, the GLD is up less than 6%.
- [By Rich Duprey]
Chile wants to make really, really sure Barrick Gold (NYSE: ABX ) understands the Pascua Lama mine is absolutely, positively shut until the gold miner builds infrastructure to prevent groundwater pollution. An appeals court formally suspended work at the mine yesterday, although Barrick had anticipated the move last month, and said its work at the project would be delayed beyond its original forecast of late 2014.
- [By Pato Kehoe]
One of the main reasons Yamana has achieved rather good results throughout the past year, is their focus on low-cost mining. In particular, the firm established lower price assumptions and thus avoided asset write-downs. A quick comparison to industry rivals Barrick Gold Corporation (ABX) and Newmont Mining Corporation (NEM) is noteworthy. While Yamana valued its reserves and resources with a price of $950 per ounce of gold, Barrick expected prices in the $1,300 per ounce range. Newmont also overestimated the value of its assets, bringing its valuation down from $1,500 per ounce to $1,400 per ounce as of its second quarter. In the end, Barrick and Newmont each took $8.7 billion and $1.77 billion, respectively, in asset write-downs.
Top Canadian Stocks To Own Right Now: Tsakos Energy Navigation Ltd(TNP)
Tsakos Energy Navigation Limited, together with its subsidiaries, provides seaborne crude oil and petroleum product transportation services worldwide. The company offers marine transportation services for national and independent oil companies and refiners under long, medium, and short-term charters. As of August 16, 2011, its fleet consisted of 50 vessels comprising 59 tankers, including 2 dynamic positioning 2 (DP2) shuttle tankers under construction, and 1 liquefied natural gas carrier. The company was formerly known as MIF Limited and changed its name to Tsakos Energy Navigation Limited in July 2001. Tsakos Energy Navigation Limited was founded in 1993 and is based in Athens, Greece.
Advisors' Opinion:- [By Rick Munarriz]
We can start with Tsakos Energy Navigation Limited (NYSE: TNP ) . Shares of the energy transporter moved 27% higher last week after surprising the market with a quarterly profit. Business isn't great at Tsakos. Revenue dipped slightly during the period, and a profit of $0.02 a share may not turn heads. However, analysts were bracing for a loss of $0.08 a share on a sharper decline in revenue.
Top Canadian Stocks To Own Right Now: Franklin Covey Company (FC)
Franklin Covey Co. provides training and consulting solutions to address leadership, execution, productivity, trust, customer loyalty, sales performance, and education problems worldwide. The company also offers clients with training in management skills, relationship skills, and individual effectiveness, as well as personal-effectiveness literature and electronic educational solutions. In addition, it sells a suite of individual-effectiveness and leadership-development training products; and books, e-books, audio media, downloadable and paper-based tools, content-rich software applications for smart phones and other handheld devices, training accessories, and other related products. The company delivers its products and services through onsite presentations, facilitators, international licensees, e-learning, public workshops, custom solutions, intellectual property licenses, and media publishing methods to organizational clients, including corporations, governmental agenc ies, educational institutions, and other organizations, as well as individual clients. Franklin Covey Co. was founded in 1983 and is headquartered in Salt Lake City, Utah.
Advisors' Opinion:- [By Laura Brodbeck]
Tuesday
Earnings Expected: IHS Inc. (NYSE: IHS), Commercial Metals Company (NYSE: CMC), Franklin Covey Company (NYSE: FC), Micron Technology, Inc. (NASDAQ: MU), Apollo Group, Inc. (NASDAQ: APOL) Economic Releases Expected: French consumer confidence, German unemployment rate, Brazilian CPI, Canadian trade balanceWednesday
- [By Laura Brodbeck]
Tuesday
Earnings Expected: A. Schulman (NASDAQ: SHLM), Acuity Brands (NYSE: AYI), Franklin Covey (NYSE: FC) and Paychex (NASDAQ: PAYX) Economic Releases Expected: US ISM manufacturing PMI, US redbook, British manufacturing PMI, German unemployment rate, French manufacturing PMI, Italian manufacturing PMI, Spanish manufacturing PMI and Reserve Bank of Australia interest rate decisionWednesday
- [By Seth Jayson]
Franklin Covey (NYSE: FC ) reported earnings on July 9. Here are the numbers you need to know.
The 10-second takeaway
For the quarter ended June 1 (Q3), Franklin Covey beat expectations on revenues and beat expectations on earnings per share. - [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 Franklin Covey (NYSE: FC ) , whose recent revenue and earnings are plotted below.
Top Canadian Stocks To Own Right Now: Potomac Electric Power Company(POM)
Pepco Holdings, Inc., through its subsidiaries, engages in the transmission, distribution, and supply of electricity. The company also distributes and supplies natural gas. It distributes electricity to approximately 1.8 million customers in the mid-Atlantic region and delivers natural gas to approximately 123,000 customers in Delaware. In addition, the company involves in the retail supply of electricity and natural gas; provision of energy efficiency services to federal, state, and local government customers; and designs, constructs, and operates combined heat and power and central energy plants, as well as owns and operates two oil-fired generation facilities. Further, it offers high voltage electric construction and maintenance services, low voltage electric construction and maintenance services, and streetlight construction and asset management services to utilities, municipalities, and other customers in the Washington, District of Columbia. Additionally, the company holds investments in eight cross-border energy leases. Pepco Holdings, Inc. was founded in 1896 and is based in Washington, District of Columbia.
Advisors' Opinion:- [By Jake L'Ecuyer]
Among the sector stocks, Consolidated Water Co (NASDAQ: CWCO) was down more than 1.9 percent, while Pepco Holdings (NYSE: POM) tumbled around 0.9 percent.
Top Canadian Stocks To Own Right Now: Suntech Power Holdings Co. LTD.(STP)
Suntech Power Holdings Co., Ltd., a solar energy company, engages in the design, development, manufacture, and marketing of photovoltaic (PV) products. The company also provides engineering, procurement, and construction services to building solar power systems for certain related party and third party customers. Its products include monocrystalline and multicrystalline silicon PV cells; PV modules; and building-integrated photovoltaics products. In addition, the company provides PV system integration services, including designing, installing, and testing PV systems used in lighting for outdoor urban public facilities, as well as in farms, villages, and commercial buildings; and project development services. Its products are used to provide electric power for residential, commercial, industrial, and public utility applications. The company sells its products through value-added resellers, such as distributors and system integrators; and to end users, such as project develo pers primarily in Germany, Italy, Spain, France, Benelux, Greece, the United States, Canada, China, the Middle East, Australia, and Japan. Suntech Power Holdings Co., Ltd. is headquartered in Wuxi, the People?s Republic of China.
Advisors' Opinion:- [By Travis Hoium]
Is Suntech still alive?
Rumors swirled this week that Suntech Power (NYSE: STP ) would be acquired by Warren Buffett's subsidiary MidAmerican Energy. Suntech has defaulted on U.S. loans, and its Chinese operations are in insolvency, so it's unknown exactly what Buffett would be buying. Then there's the fact that Suntech doesn't meet any of Buffett's normal investing rules, so there are few industry observers who think an acquisition would go through. - [By Rebecca McClay]
Along with communications technology, several other sectors were noting strong movements this week, including solar stocks and dry bulk shipping. Solar stocks have soared since JPMorgan said today the industry has significant room for growth. Suntech Power Holdings Co. Ltd. (NYSE ADR: STP) shares were up about 2.2% in afternoon trade.
- [By Dan Caplinger]
Most of the move in Trina's stock has come in just the past month, as two trends have really taken hold since April. First, U.S. companies First Solar (NASDAQ: FSLR ) and SunPower (NASDAQ: SPWR ) have given rosy projections of their respective future prospects, as First Solar aims to improve its panels' efficiency through its acquisition of TetraSun, and SunPower has benefited from its industry-leading efficiency in boosting its profits. In addition, with the bond default earlier this year by Suntech Power (NYSE: STP ) , some believe that the Chinese government might allow weaker Chinese players to fail, which could potentially lead to reduced production and end what has been a crippling supply glut that has weighed on prices around the world.
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