In early 2013, Warren Buffett and�Berkshire Hathaway� (NYSE: BRK-A ) (NYSE: BRK-B ) shocked investors by announcing a $23 billion acquisition of H.J. Heinz.
But it wasn't the fact that Buffett would buy Heinz that surprised anyone. Heinz is just the kind of simple, branded powerhouse that Buffett has always been interested in.
What was surprising was the fact that Buffett teamed up with the Brazilian private equity group 3G Capital. This may have been the first time that many investors heard of 3G, but it's unlikely to be the last. During this year's Berkshire Hathaway annual meeting, Buffett was clear about his interest in doing more deals alongside 3G, saying at one point, "We see more opportunity to partner, and we will jump at it."
Thanks to the new book "Dream Big" by Cristiane Correa, investors interested in learning more about 3G can now dig into the successful P/E shop's impressive history.�
In the video clip below, Kase Capital managing partner Whitney Tilson shares some details on the book and the background of the 3G team. A transcript of the video follows.
Top 5 Biotech Companies To Invest In 2015: Catamaran Corp (CTRX)
Catamaran Corporation (Catamaran), formerly SXC Health Solutions Corp., incorporated on June 27, 2007, is a provider of pharmacy benefit management (PBM) services and healthcare information technology (HCIT) solutions to the healthcare benefit management industry. The Company�� product offerings and solutions combine a range of applications and PBM services designed to assist its customers in reducing the cost and managing the complexity of their prescription drug programs. The Company�� customers include organizations in the pharmaceutical supply chain, such as pharmacy benefit managers, managed care organizations, self-insured employer groups, unions, third party health care plan administrators, and state and federal government entities. In January 2012, the Company completed its acquisition of HealthTran LLC (HealthTran). On July 2, 2012, the Company acquired Catalyst Health Solutions, Inc. On October 1, 2013, the Company acquired RESTAT, LLC.
The Company�� PBM services, which are marketed under the Catamaran PBM brand, include electronic point-of-sale pharmacy claims management, retail pharmacy network management, mail pharmacy claims management, specialty pharmacy claims management, Medicare Part D services, benefit design consultation, preferred drug management programs, drug review and analysis, consulting services, data access, and reporting and information analysis. The Company's PBM services include owning and operating a network of mail and specialty pharmacies. In addition, the Company is a national provider of drug benefits to its customers under the federal government�� Medicare Part D program. The Company�� HCIT solutions include RxCLAIM, an on-line transaction processing system that provides instant adjudication of prescription drug claims, RxMAX, the Company�� rebate management system, RxTRACK, the Company�� data warehouse and analysis system, Zynchros, the Company�� suite of on-demand formulary management tools, the Company�� pharmacy management system! for retail, chain, institutional and mail-order pharmacies, as well as a number of other software products for customers in the pharmaceutical supply chain. The Company�� HCIT solutions are available on a license basis with on-going maintenance and support or on a transaction fee basis using an application service provider (ASP) model.
PBM Services
The Company�� informedRx offering is a suite of customizable PBM services that provide an alternative to traditional PBM offerings typically employed by health plans, government agencies and employers. The Company provides a range of pharmacy spend management solutions and information technology capabilities to managed care organizations, self-insured employer groups, unions, third party health care plan administrators, and state and federal government entities. Formulary Administration provides support for customers��existing formularies and preferred drug lists or collaborate to create models supported by formulary predictive modeling and impact analysis. Pharmacist, physician and member-focused intervention protocols provide controls to drive generics, preferred drug products and appropriate use. Formularies are administered based on specific plan designs, or by enabling customers with the tools to maintain their own custom formularies online.
The Company specializes in applying data-driven insights to help customers understand the medical risk drivers within their population and take a strategic approach to plan design. The Company provides benefit design configuration and support to customers, in accordance with mutually developed processes. Benefit designs can be modified online, in real time, by the Company or by the customer�� staff. Pharmacy Network Management provides a range of retail network options, including supporting existing networks or assisting customers in developing networks that meet specific geographic access requirements, desired price discounts, or other service requirements. A national! retail n! etwork, which consists of pharmacies in all 50 states and in Puerto Rico, Guam and the Virgin Islands, provides access to the Company�� customers.
Drug Utilization Review (DUR) is pre-dispensing DUR edit checks are performed on an online, real-time basis between mail and retail pharmacies to encourage appropriate drug utilization, enhance member outcomes, and reduce drug costs. All prescriptions are checked for member eligibility and plan design features and are then compared against previous histories of prescriptions filled by the same pharmacy, by other participating retail network pharmacies and by the mail service pharmacy. Clinical Services and Consulting provides consultative and technical expertise to augment, develop, deploy, and support any additional clinical programs. Reporting and Information Analysis Solutions provides two levels of reporting: a reporting package (which includes a menu of reports), and an online analytical decision support tool, RxTRACK. The Company offers mail and specialty services to its PBM members, as well as other members of its pharmacy network. suite of Web-based services that enables customers to interact with the claims processing system using a standardized protocol in a secure environment. A member Website, RxPORTAL, invites members to learn more about their prescription benefit programs, medication histories, drug information and related industry news. RxPROVIDER PORTAL is a Web-based interface that allows pharmacists and physicians to obtain information from RxCLAIM on a member's plan to assist in providing more cost effective prescription medications.
Healthcare IT
The Company's HCIT offerings deliver applications on a license, ASP, or fee-for-service basis to customers who administer and manage pharmacy benefits. HCIT products and services serve a diversified group of payor customers that include health plans, federal, state and provincial government programs, pharmacy benefit managers, workers' compensation programs! , and lon! g-term and/or chronic care facility operators. In addition, SXC's technology serves as the engine for the Company's service PBM solutions.
Technology Products and Services
RxCLAIM is an on-line transaction processing system designed to provide instant on-line adjudication of third-party prescription drug claims at the point of service, including claims management, as well as payment and billing support and real-time functionality for updating benefit, price, member, provider and drug details. RxCLAIM is designed to provide the Company�� customers control by facilitating the real-time processing of pharmacy claims and payments against eligibility, plan benefits, formularies, price, drug utilization review, prior authorization, and rebates in addition to many other features.
Other products
Integrail Pathfinder PRO is a software application that enables a array of users to understand the impact of healthcare resource allocation and medical decision-making through the incorporation of risk prediction and episode profiling technologies. The application offers users an intuitive system for integrating disparate data sources to pinpoint variations in resource utilization and care. IntegrailRx features the ability to measure and predict both pharmacy and total risk using pharmacy claims. RxBUILDER is a Web-based interface for formulary creation and maintenance utilizing a Medi-Span based product file. RxPORTAL allows customers to interact with the patient's formulary and drug history in a secure environment allowing patients and health plans to access industry tools and up to date information. RxAUTH is a prior authorization (PA) management solution, which offers automating the PA process from end-to-end. RxAUTH is also available in a Web-based application. RxMAX is a rebate management system that is designed to assist health plans in managing their relationships with pharmaceutical manufacturers through contract management, record keeping, calculating market share! , and cre! ating billing details and summaries. Zynchros provides a suite of on-demand formulary management tools to help payors effectively manage their formulary programs, and to maintain Medicare Part D compliance in their programs. Enhanced Coordination of Benefits integrates external data sources with unique algorithms and eligibility data to identify beneficiaries with other coverage. This enables accurate identification of third party liability in real-time prior to the claim being paid.
Medicare Part D
The Company has offered an array of services to the Medicare marketplace, all compliant with Centers for Medicare and Medicaid Services (CMS) regulations. As a full-service PBM and a National Prescription Drug Plan, the Company supports a variety of Medicare Part D Plan Sponsors. The Company provides prescription benefit management support for Medicare Advantage Prescription Drug plans (MAPDs) and prescription drug plans (PDPs), including implementation of specific Medicare Part D plan designs, creation and maintenance of Medicare Part D formularies (including CMS submission), CMS reporting requirements and consultative, proactive account management.
The Company competes with Express Scripts, Inc., CVS/Caremark Corporation and OptumRx.
Advisors' Opinion:- [By Keith Speights]
Express Scripts isn't alone in experiencing improved generic utilization. CVS Caremark (NYSE: CVS ) saw its overall rate increase from 76.5% in its first quarter of 2012 to 80.5% in the same quarter this year. UnitedHealth didn't report detailed numbers for OptumRx last quarter, but noted that it was seeing improvements in its generic mix that helped drive earnings higher. Catamaran (NASDAQ: CTRX ) also experienced a solid 3% year-over-year jump during the first quarter to 83%.
- [By Brian Pacampara]
Based on the aggregated intelligence of 180,000-plus investors participating in Motley Fool CAPS, the Fool's free investing community, health care IT services specialist Catamaran (NASDAQ: CTRX ) has earned a coveted five-star ranking.
- [By Monica Gerson]
Catamaran (NASDAQ: CTRX) shares fell 4.42% to touch a new 52-week low of $40.04. Catamaran's trailing-twelve-month profit margin is 1.77%.
Posted-In: 52-Week LowsNews Movers & Shakers Intraday Update Markets
- [By Brian Pacampara]
Based on the aggregated intelligence of 180,000-plus investors participating in Motley Fool CAPS, the Fool's free investing community, health care IT services specialist Catamaran (NASDAQ: CTRX ) has earned a respected four-star ranking. �
Best Forestry Companies To Watch In Right Now: Demandware Inc (DWRE)
Demandware, Inc. (Demandware), incorporated in February 2004, is a provider of software-as-a-service e-commerce solutions that enable companies to design, implement and manage their own customized e-commerce sites, including Websites, mobile applications and other digital storefronts. The Company sells subscriptions to its on-demand software and related services through both a direct sales force and indirect channels. Its customers consist of retailers and branded consumer product manufacturers that operate principally in the vertical markets, including apparel, general merchandise, health and beauty, home and garden, sporting goods and other vertical categories. The Company derives most of its revenue from subscriptions to its on-demand platform and related services. The Company derives its services revenue from the implementation of its customers��e-commerce sites, which includes the integration of complementary technologies and adaptation to back-end systems and/or business processes and the configuration and deployment of the site. In January 2014, Demandware Inc acquired privately-held Mainstreet Commerce, a provider of cloud-based order management solutions.
The Company physically hosts its on-demand solutions for its customers in 11 secure data center facilities located in North America and Europe. It contracts for use of these data center facilities from Equinix Operating Co. and NaviSite, Inc. The Company engineers and architects the actual computer, storage and network systems upon which its platform operates, which the Company calls its grid computing points of delivery (PODs), and deploy them to the data center facilities, which provide physical security, including manned security round the clock. The Company provides system security, including firewalls and encryption technology, and it conducts regular system tests and vulnerability assessments.
Demandware Commerce Platform
The Company�� platform uses a Web-based interface to provide one centra! l location for its customers to control and manage their e-commerce sites from products to pricing to placement to content. It provides security and built-in disaster recovery through its network of data centers. Using its Demandware Commerce platform, customers can easily deploy e-commerce sites without the need to install or integrate their own hardware and software infrastructure.
The Company offers on-demand e-commerce platform, a network of alliance partners that extends the value of the platform, and a business model designed for customer revenue growth. The Company delivers its solutions on-demand to its customers who can access and can manage it over the Internet using a standard Web browser. The Company has built its solutions using a single code base and a multi-tenant, multi-user architecture that it hosts. Demandware Commerce provides a single platform that its customers can use to manage consumer interactions across all digital touch points worldwide. Its reference applications are based on e-commerce can be customized to individual needs, with access to a sophisticated cross-channel merchandising engine and open development environment. Its applications include Web Storefront Applications, Call Center Application and Mobile Application. With Demandware Commerce, a customer can build a e-commerce site from scratch or leverage its pre-built storefront, called Site Genesis.
The Company�� call center application allows its customers��call center agents to quickly access order, consumer and product information through a single Web-based interface, enabling a more efficient and engaging experience for the consumer. Using this application, agents are able to easily search for products using advanced search techniques and guided navigation. In addition to providing improved customer service, agents can use this software to gain a single view into a consumer�� entire order history and recommend products using rules established by its merchandising tools. The Compan! y�� mob! ile application offers a customizable mobile storefront with the functionality its customers need to create a compelling shopping experience for consumers on their mobile devices. Its Demandware Commerce platform provides a unified development environment between the mobile storefront and its customers��other e-commerce sites for ease of customization and site management. Its mobile application is compatible with browsers and with smart phones, such as the iPhone, Android and BlackBerry.
Demandware Commerce Center is a centralized application for control and management of all consumer e-commerce experiences across multiple sites and channels. In addition, users are able to create customized dashboards to display the commonly used activities. Active Merchandising, which is a metrics-driven online selling engine that controls merchandising interactions across search, personalization, analytics, promotions and catalog according to rules created by each of its customers. Products and Catalogs, which enables merchants to manage seasonal, branded and future product offerings across categories, catalogs and sites. Promotions, which consists of multiple configuration options for creating and controlling product promotions. A/B Testing, which allows merchants to perform comparison tests to determine, which merchandise is selected. Searchandising, which consists of rules that can easily be configured by the merchant to feature products in search results that deliver the inventory turn, conversion rates and average order size. Order Management, which provides users the ability to access, modify and cancel orders. Customer Targeting, which provides the capability to create rules that include and exclude conditions for triggering different merchandising offers, promotions and products.
Merchants and developers, through Demandware LINK, have access to an extensive library of integrations to third-party applications. These applications include campaign management, dynamic product imaging, ! order man! agement, payment management, personalization, social commerce and ratings and reviews. The Company supports its partners in the development of third-party integrations and undertake an approval process before the application is made available for downloading on Demandware LINK. Through Demandware Commerce developers can build, customize, test, debug, deploy, integrate and extend their e-commerce sites, all on-demand. Its development platform includes access to an extensive library of pre-built business processes and contains all the necessary tools to edit them.
The Demandware Commerce Cloud is comprised of its network of data centers, as well as its cloud-based architecture. Its on-demand platform allows the Company to increase the processing capacity of the environment, in which its customers��e-commerce sites operate to meet surges in demand. Through its Commerce Cloud, it also provides high uptime, security and built-in disaster recovery.
E-Commerce Retail Practice
The Company has developed a customer success program as a key component of its operational model, which is designed to enable its customers to achieve customer revenue growth and is delivered within the context of a shared business relationship. In this program, it assigns to customers an e-commerce strategist, who works hand-in-hand with its customers��executives to maximize the value of their investment. These e-commerce strategists are focused on growing its customers��revenue by taking the merchandising features and functionality of Demandware Commerce and an understanding of industry practices in site design, merchandising, analytics, interactive marketing, personalization and multi-channel integration. The Company also provides customer support engineers. Periodic system maintenance and continuous feature additions are also included in product support agreement coverage, which is included in the subscription fee. It offers support in multiple languages and through multiple channels, incl! uding glo! bal support coverage available round the clock.
Client Services
The Company�� customer enablement methodology includes document templates and processes to help project teams focus on the key tactical and strategic areas to maximize returns on its customers��online investments and minimize business risk. Its customer enablement methodology guides its tactical process to build and deploy an e-commerce site utilizing its Demandware Commerce platform. In addition, it offers a range of training classes to educate all individuals-e-commerce managers, Web developers, application developers and information technology (IT) professionals, who are part of its customers��implementation, maintenance and optimization teams.
The Company competes with IBM, Oracle/ATG, eBay/Magento, hybris, Digital River and eBay/GSI Commerce.
Advisors' Opinion:- [By Sean Williams]
Priced for perfection
Software-as-a-service provider Demandware (NYSE: DWRE ) certainly commands quite the premium valuation as enterprises transition from individual computer systems to software capable of integrating customers' information in the cloud on one Web-based platform. The beauty of such software designs is that they result in recurring revenue and regular upgrades. - [By Lee Jackson]
Demandware Inc. (NYSE: DWRE) posted strong second-quarter earnings yesterday. Subscription revenue in the second quarter was $20.8 million, a 37% increase over $15.2 million in the second quarter of 2012. The Deutsche Bank target for the stock is $42 and should go up after the beat. The consensus price target is lower at $39.
- [By Monica Wolfe]
Demandware (DWRE)
During the second quarter, Columbia Wanger increased their holdings in Demandware by 162.49%. The fund added 948,503 shares to their stake in the company at an average price of $30.30. Since this buy, the price per share has increased 46.2%.
Best Forestry Companies To Watch In Right Now: KB Home (KBH)
KB Home is a homebuilding company. The Company constructs and sells homes through its operating divisions under the name KB Home. The Company operates in nine states and 32 markets, including California, Arizona, Nevada, Colorado, Texas, Florida, Maryland, North Carolina and Virginia. The Company organizes its homebuilding operations into four segments: West Coast, Southwest, Central and Southeast. In July 2012, it acquired land within the Elworthy Ranch property in the town of Danville. In September 2012, it acquired Mason Ranch, which is a 330-acre land asset in Cedar Park/Leander West, submarkets in metropolitan Austin. In December 2012, the Company acquired 65 lots in Fuquay-Varina, N.C.
Homebuilding
The Company�� homebuilding operations offers a variety of homes designed primarily for first-time, move-up and active adult homebuyers, including attached and detached single-family homes, townhomes and condominiums. It offers homes in development communities, at urban in-fill locations and as part of mixed-use projects. During the fiscal year ended, November 30, 2011 (fiscal 2011), the Company, through its homebuilding segment, delivered 5,812 homes. During fiscal 2011, homebuilding operations accounted for 99.2% of the total revenues.
Financial Services
The financial services segment provides title and insurance services to its homebuyers. This segment also provided mortgage banking services to the Company�� homebuyers indirectly through KBA Mortgage, LLC (KBA Mortgage), a former unconsolidated joint venture of a subsidiary of ours and a subsidiary of Bank of America, N.A., from the venture�� formation until June 30, 2011, when it ceased offering mortgage banking services. Effective June 27, 2011, it entered into a marketing services agreement with MetLife Home Loans, a division of MetLife Bank, N.A. Under the agreement, MetLife Home Loans��personnel, located on site at several of its new home communities, can offer financing options and re! sidential consumer mortgage loan products to its homebuyers, and originate residential consumer mortgage loans for homebuyers who elect to use MetLife Home Loans. The Company�� homebuyers may also elect to use other providers of mortgage banking services. Its financial services operations accounted for 0.8% of the Company�� total revenues in fiscal 2011.
Advisors' Opinion:- [By Dan Caplinger]
Yet industry CEOs remain convinced that the recovery is for real. KB Home's (NYSE: KBH ) Jeffrey Mezger said recently that he sees the recovery as being only in its early stages, while PulteGroup (NYSE: PHM ) CEO Richard Dugas pointed to strength on the East Coast, in the middle third of the country, and in Phoenix, with Pulte actually slowing its sales rate down in order to try to focus on the highest-margin business available. For Hovnanian's part, CEO Ara Hovnanian pointed to year-over-year gains in every one of the past 12 months as evidence of the strength of the recovery.
- [By Bloomberg]
Gene J. Puskar/AP Purchases of previously owned homes in the U.S. declined in February to the lowest level since July 2012, a sign the industry may be slow to recover. Contract closings on existing properties fell 0.4 percent to a 4.6 million annual rate, matching the median projection in a Bloomberg survey, figures from the National Association of Realtors showed Thursday in Washington. Prices rose 9.1 percent from a year earlier, the group said. The slowdown in housing since the middle of last year reflects a pickup in borrowing costs, declining affordability, limited job growth and, more recently, bad weather. At the same time, Federal Reserve Chair Janet Yellen said Wednesday that more household formation will allow the real-estate market to strengthen. "It may take some time to get sales back on track after the weather effect," Tom Simons, an economist at Jefferies in New York, said before the report. "Home sales will keep growing this year though maybe not at the pace we saw last year. Rising mortgage rates are a modest negative for demand." Estimates in the Bloomberg survey of economists ranged from 4.5 million to 4.76 million. The prior month's pace was unrevised at 4.62 million. Stocks declined, sending equities to a second day of losses, after Yellen signaled Wednesday that interest rates may rise by the middle of next year. The Standard & Poor's 500 index (^GSPC) dropped 0.1 percent to 1,859.18 at 10:05 a.m. in New York. Jobless Claims Another report Thursday showed the number of Americans filing applications for unemployment benefits held last week near the lowest level in almost four months, a sign the labor market continues to strengthen. Jobless claims increased by 5,000 to 320,000 in the week ended March 15. The median price of an existing home rose from February 2013, to $189,000, Thursday's report showed. Sales of home priced $250,000 and less declined, while those selling for more increased. First-time buyers accounted for 2
- [By John Maxfield]
We're also starting to see the proceeds of the nascent recovery reflected in the earnings of homebuilders. Last week, Lennar (NYSE: LEN ) and KB Home� (NYSE: KBH ) , two of the nation's largest homebuilders, reported markedly improved results. Lennar's home deliveries shot up by 36% on a year-over-year basis while KB Home's increased by 39%. And in PulteGroup's (NYSE: PHM ) first-quarter earnings release in April, its chief executive officer observed that homebuyers are "feeling a greater sense of urgency given the combination of limited product inventory and rising prices found in many markets throughout the country."
Best Forestry Companies To Watch In Right Now: Brown Shoe Company Inc. (BWS)
Brown Shoe Company, Inc., a footwear company, engages in the retail and wholesale of footwear. It operates through Famous Footwear, Wholesale Operations, and Specialty Retail segments. The company provides licensed, branded, and private-label casual, dress, and athletic footwear products to women, men, and children. It operates retail shoe stores under the Famous Footwear name that offer shoes of various brands, including Nike, Skechers, New Balance, Converse, adidas, DC, LifeStride, Reebok, Sperry, Asics, Puma, Dr. Scholl�s Shoes, Vans, BOC by Born, Sof Sole, Fergalicious, and Bearpaw. The company also operates shoe stores under the Naturalizer name, which provide women�s footwear, including casual, dress, sandals, and boots under the Naturalizer brand; operates retail stores under Dr. Scholl�s Shoes and Sam Edelman names; and sells its products through Internet retail that include Shoes.com, Famous.com, Naturalizer.com, Naturalizer.ca, and DrSchollsShoes.com, as well as ViaSpiga.com, LifeStride.com, and Ryka.com. As of February 2, 2013, it operated 1,277 retail shoe stores in the United States, Canada, China, and Guam. In addition, the company designs, sources, and markets footwear to retail stores, such as national chains, department stores, independent retailers, mass merchandisers, online retailers, and catalogs. Brown Shoe Company, Inc. was founded in 1878 and is headquartered in St. Louis, Missouri.
Advisors' Opinion:- [By jaggom]
Brown Shoe (BWS), a footwear seller in the US, Canada, and China, has done exceptionally well this year. The organization operates brands such as Famous Footwear, Naturalizer and Dr. Scholls, to name a couple, and has in excess of 1,300 retail locations.
Best Forestry Companies To Watch In Right Now: iShares Dow Jones US Energy Sector Fund (IYE)
iShares Dow Jones U.S. Energy Sector Index Fund (the Fund) seeks investment results that correspond generally to the price and yield performance of the Dow Jones U.S. Oil & Gas Index (the Index). The Index measures the performance of the oil and gas sector of the United States equity market. The Index includes companies in industry groups, such as oil and gas producers, and oil equipment, services and distribution. The Index is a subset of the Dow Jones U.S. Total Market Index and is capitalization weighted. The Index is reconstituted quarterly.
The Fund will concentrate its investments in a particular industry or group of industries to approximately the same extent as the Index is so concentrated. The Fund�� investment advisor is Barclays Global Fund Advisors.
Advisors' Opinion:- [By Aaron Levitt]
Fellow InvestorPlace contributor Lawrence Meyers recently recommended the Energy SPDR (XLE) as good ETF to hold for life. I like the pick and you could certainly do worse, but my personal favorite way�to play WTI crude would be the iShares U.S. Energy ETF (IYE).
- [By Louis Navellier]
The ishares Dow Jones U.S. Energy Sector Fund (IYE) tracks the performance of 99 major energy stocks in the U.S. IYE is actually up 20% for the year, but it has been trending downward over the past month. Meanwhile, the ishares S&P Global Energy Sector Fund (IXC) is up just 10% so far for the year. This fund, which also contains 99 holdings from all over the world, provides perhaps the best view of how the energy sector is faring on the global level. It has also fallen in the past month.
Best Forestry Companies To Watch In Right Now: Alliance Fiber Optic Products Inc.(AFOP)
Alliance Fiber Optic Products, Inc. engages in the design, manufacture, and marketing of a range of fiber optic components and integrated modules incorporating these components to communications equipment manufacturers and service providers in North America, Europe, and Asia. The company offers interconnect devices that are used to connect optical fibers and components; couplers and splitters that are used to divide and combine optical power; and dense wavelength division multiplexing (DWDM) devices that separate and combine multiple specific wavelengths. Its connectivity products include connectivity modules; optical connectors, adapters, and cable assemblies; fused and planar fiber optical splitters and couplers; optical tap couplers and ultra low polarization dependent loss tap couplers; amplifier wave division multiplexing (WDM) couplers; optical fixed attenuators; and fused fiber WDM couplers. The company?s optical passive products comprise filter WDMs, amplifier fil ter WDMs, DWDMs, coarse WDMs, compact coarse WDMs, add/drop DWDM filters, optical isolators, optical bypass switches, and automatic variable optical attenuators. Its products are deployed in long-haul networks that connect cities; metropolitan networks that connect areas within cities; last mile access networks that connect to individual businesses and homes; and enterprise networks within businesses. The company sells its products to communications equipment manufacturers who incorporate its products into their systems and sell them to network service providers, as well as to other component manufacturers for resale or inclusion in their products. Alliance Fiber Optic Products, Inc. was founded in 1995 and is headquartered in Sunnyvale, California.
Advisors' Opinion:- [By alicet236]
Alliance Fiber Optic Products Inc. (AFOP): Chairman, President and CEO Peter C. Chang sold 200,000 Shares
Chairman, President and CEO of Alliance Fiber Optic Products Inc. (AFOP) Peter C. Chang sold 200,000 shares on 05/01/2014 at an average price of $20.02. Alliance Fiber Optic Products Inc. was incorporated in California in December 1995 and was reincorporated in Delaware in October 2000. Alliance Fiber Optic Products Inc. has a market cap of $322.665 million; its shares were traded at around $17.51 with a P/E ratio of 17.50 and P/S ratio of 4.32. The dividend yield of Alliance Fiber Optic Products Inc. stocks is 0.86%. Alliance Fiber Optic Products Inc. had an annual average earnings growth of 56.70% over the past five years.
- [By Michael A. Robinson]
Enter Alliance Fiber Optic Products Inc. (Nasdaq: AFOP). Basically, Alliance helps make fiber-optic technology possible for homes and businesses.
- [By Alex Planes]
What: Shares of Alliance Fiber Optic Products (NASDAQ: AFOP ) have surged nearly 13% today after the company bested the Street's earnings consensus and offered strong guidance for the upcoming quarter.
- [By Lisa Levin]
Alliance Fiber Optic Products (NASDAQ: AFOP) shares moved up 11.07% to $16.46. The volume of Alliance Fiber Optic shares traded was 322% higher than normal. Alliance Fiber Optic issued a strong Q1 forecast.