Hot Canadian Companies To Own In Right Now

Canadian stocks fell, giving the benchmark index its biggest drop since June, on growing tension over possible military action in Syria.

Raw-materials companies fell 3.7 percent, reversing an earlier rally of as much as 1.3 percent amid a surge in gold prices. Energy shares also erased an advance amid a jump in oil. OceanaGold Corp. and Niko Resources Ltd. tumbled more than 7.4 percent. Bank of Nova Scotia dropped 1.7 percent while Bank of Montreal increased 0.4 percent as investors weighed quarterly earnings reports.

The S&P/TSX fell 169.09 points, or 1.3 percent, to 12,591.21 at 4 p.m. in Toronto, the most since June 24. The index trimmed its gain for the month to 0.8 percent. Trading volume was 4.7 percent higher than the 30-day average at this time of the day.

��he gold stocks are the surprise,��ohn Kinsey, a portfolio manager with Caldwell Securities Ltd. in Toronto, said in a phone interview. The firm manages about $1 billion. ��hey were up this morning and they have all turned around now. If you are nervous about the market, you tend to sell the ones where you have a profit. It has been a pretty good month for the gold stocks and the oil stocks.��

Hot Chemical Companies To Watch In Right Now: China Metro-Rural Holdings Limited(CNR)

China Metro-Rural Holdings Limited, through its subsidiaries, primarily engages in the development and operation of agricultural logistics and trade centers in northeast China. It also involves in purchasing, processing, assembling, merchandising, and distributing pearls and jewelry products. The company markets its pearls and jewelry products to wholesale distributors and mass merchandisers in Europe, the United States, Hong Kong, and other parts of Asia. In addition, it develops, sells, and leases residential and commercial properties in Hong Kong and the People?s Republic of China. The company is based in Tsimshatsui, Hong Kong.

Advisors' Opinion:

• [By Katie Brennan]

  Canadian National Railway Co. (CNR) added 0.9 percent to C$104.93 and Canadian Pacific Railway Ltd. rose 1.7 percent to C$131.73.

  Niko Resources surged 3.4 percent to $8.64 after the company entered an agreement for a $60 million loan that will be funded by a group of institutional investors. Net proceeds from the loan will be used to fund working capital requirements.

Hot Canadian Companies To Own In Right Now: Wells Fargo & Company(WFC)

Wells Fargo & Company, through its subsidiaries, provides retail, commercial, and corporate banking services primarily in the United States. The company operates in three segments: Community Banking; Wholesale Banking; and Wealth, Brokerage, and Retirement. The Community Banking segment offers deposits, including checking, market rate, and individual retirement accounts; savings and time deposits; and debit cards. Its loan products comprise lines of credit, auto floor plans, equity lines and loans, equipment and transportation loans, education loans, residential mortgage loans, health savings accounts, and credit cards. This segment also provides equipment leases, real estate financing, small business administration financing, venture capital financing, cash management, payroll services, retirement plans, loans secured by autos, and merchant payment processing services; purchases sales finance contracts from retail merchants; and a family of funds, and investment managemen t services. The Wholesale Banking segment offers commercial and corporate banking products and services, including commercial loans and lines of credit, letters of credit, asset-based lending, equipment leasing, international trade facilities, trade financing, collection services, foreign exchange services, treasury and investment management, institutional fixed-income sales, commodity and equity risk management, insurance, corporate trust fiduciary and agency services, and investment banking services. This segment also provides banking products for commercial real estate market, and real estate and mortgage brokerage services. The Wealth, Brokerage, and Retirement segment offers financial advisory, brokerage, and institutional retirement and trust services. As of December 31, 2010, the company served its customers through approximately 9,000 banking stores in 39 States and the District of Columbia. Wells Fargo & Company was founded in 1929 and is headquartered in San Franci sco, California.

Advisors' Opinion:

• [By DAILYFINANCE]

  Mike Groll/APNew York Attorney General Eric Schneiderman ALBANY, N.Y. -- The state's attorney general says he's suing Wells Fargo to force compliance with terms of last year's national mortgage case settlement. Attorney General Eric Schneiderman also said Tuesday that he's dropping a similar action against Bank of America, which has agreed to reforms of its lending system. The settlement of charges of improper lending practices sets standards that prohibit lenders from pursuing foreclosures while negotiating loan modifications. The standards require the banks to acknowledge refinancing applications in writing within three business days, notify borrowers of missing documents within five days and make decisions on complete applications within 30 days. Schneiderman said the settlement has brought relief to thousands of New York homeowners during the housing crisis and recession. "While we have brought much needed relief to thousands of New Yorkers, too many homeowners in our state are facing unnecessary challenges as they fight to keep their homes," Schneiderman said. "Both of these cases should send a strong message that the big banks must comply with the legally binding servicing standards negotiated in the national mortgage settlement or face the consequences." Wells Fargo (WFC) said it remains committed to the national settlement, which was agreed to by 49 states, including New York. "We are continuously implementing additional customer-focused measures based on the constructive feedback we receive from our customers, the Monitoring Committee and individual states," it said in a statement. "We have has been a leader in preventing foreclosures and helping families maintain home ownership with more than 880,000 modifications nationwide." Bank of America (BAC) said it was happy to resolve the case. "We're pleased with the significant assistance Bank of America has extended, and continues to extend, to homeowners through the National Mortgage Settlement

• [By Jon C. Ogg]

  Moody’s signaled that the four on review for downgrade are Goldman Sachs Group Inc. (NYSE: GS)�and Morgan Stanley (NYSE: MS), both of which are bank holding companies with no retail banking operations, as well as J.P. Morgan Chase & Co. (NYSE: JPM)�and Wells Fargo & Co. (NYSE: WFC).

• [By John Grgurich]

  Expect the unexpected. That's the best advice I can give investors this Tuesday morning. One and a half hours into trading, Wells Fargo (NYSE: WFC  ) is up a solid if not stellar 0.75%. Its Big Four peers are up even more. Has the global freak-out over last week's move by the Fed run its course, or is this merely a lull in the action?

• [By Jay Jenkins]

  Wells Fargo (NYSE: WFC  ) CEO John Stumpf has been making the media rounds of late, with the housing market on his mind. Stumpf leaves no question about his viewpoint on the subject; Stumpf, and by extension Wells, think that U.S. housing is back.

Hot Canadian Companies To Own In Right Now: Transdigm Group Incorporated(TDG)

TransDigm Group Incorporated designs, produces, and supplies engineered aircraft components for use on commercial and military aircraft principally in the United States. The company?s products include mechanical/electro-mechanical actuators and controls, ignition systems and engine technology, pumps and valves, power conditioning devices, AC/DC electric motors and generators, NiCad batteries and chargers, engineered latching and locking devices, rods and locking devices, engineered connectors and elastomers, cockpit security components and systems, cockpit displays, aircraft audio systems, lavatory components, engineered interior surfaces, and lighting and control technology. Its customers comprise distributors of aerospace components; commercial airlines, including national and regional airlines; commercial transport and regional and business aircraft original equipment manufacturers (OEMs); various armed forces of the United States and foreign governments; defense OEMs; system suppliers; and various other industrial customers. TransDigm Group Incorporated was founded in 1993 and is based in Cleveland, Ohio.

Advisors' Opinion:

• [By Brendan Mathews]

  We asked which current CEOs fit the�Outsiders�mold. Thorndike reeled off a short list of names, but he started with Michael Pearson of�Valeant Pharmaceuticals� (NYSE: VRX  ) . He went on to mention Nicholas Howley of�TransDigm Group� (NYSE: TDG  ) , and Rich Kinder of�Kinder Morgan� (NYSE: KMI  ) .�

• [By Rich Smith]

  Cleveland-based TransDigm Group (NYSE: TDG  ) is buying a piece of GE.

  On Friday, as trading wound down for the week, TransDigm announced a deal to buy the Electromechanical Actuation Division of General Electric (NYSE: GE  ) Aviation for $150 million, cash. The business, which makes proprietary, highly engineered aerospace electromechanical motion control subsystems for civil and military applications, counts all three of the world's biggest airplane manufacturers -- Boeing, Airbus, and Brazil's Embraer -- among its clients, and Sikorsky and General Atomics, as well, on the military side.

Hot Canadian Companies To Own In Right Now: Consolidated Graphics Inc. (CGX)

Consolidated Graphics, Inc., together with its subsidiaries, provides general commercial printing and print-related services in the United States and internationally. The company�s services include traditional print services, such as electronic prepress, digital and offset printing, finishing, and storage and delivery of custom manufactured printed documents; and fulfillment and mailing services for such printed materials. It also offers technology solutions that enable its customers to procure and manage printed materials and/or design, procure, distribute, track, and analyze results of printing-based marketing programs and activities; and multi-media capabilities, which allow customers to supplement the message of their printed materials through other media, such as the Internet, email, or text messaging. The company prints multi-color marketing materials, product and capability brochures, point-of-purchase displays, packaging, direct mail pieces, shareholder communicat ions, trading cards, calendars, and photo books, as well as customized materials for the financial services, insurance, healthcare, and other industries. In addition, it offers e-commerce software solutions and other print-related services. The company�s customers include national and local corporations operating in a range of industries, as well as advertising agencies, graphic design firms, catalog retailers, direct mail marketers, state and local governments and quasi-governmental agencies, educational institutions, not-for-profit associations, and political campaign organizations. Consolidated Graphics, Inc. was founded in 1985 and is headquartered in Houston, Texas.

Advisors' Opinion:

• [By Monica Gerson]

  Breaking news

  Starwood Hotels & Resorts Worldwide (NYSE: HOT) reported a gain in its third-quarter core earnings and lifted its full-year earnings forecast. To read the full news, click here. Procera Networks (NASDAQ: PKT) and Skyfire, a fully-owned subsidiary of Opera Software, today announced a joint solution and partnership to tackle the rapid growth of video traffic on global mobile networks, based on an open, scalable ICAP architecture. To read the full news, click here. R. R. Donnelley & Sons Company (NASDAQ: RRD) and Consolidated Graphics (NYSE: CGX) jointly announced today that they have signed a definitive agreement by which RR Donnelley will acquire Consolidated Graphics, a provider of digital and commercial printing, fulfillment services, print management and proprietary Internet-based technology solutions. To read the full news, click here. Dunkin' Brands Group (NASDAQ: DNKN) reported a 36% rise in its third-quarter income. To read the full news, click here.

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• [By Seth Jayson]

  Consolidated Graphics (NYSE: CGX  ) reported earnings on May 15. Here are the numbers you need to know.

  The 10-second takeaway
  For the quarter ended March 31 (Q4), Consolidated Graphics met expectations on revenues and crushed expectations on earnings per share.