A new report suggests that the Dodge Avenger may be especially popular with subprime new-car buyers. Photo credit: Chrysler
New-car sales have come a long way since the dark days of the economic crisis. Sales in 2009 hit lows not seen since the early 1980s -- but since then, things have picked up considerably. There are a lot of good reasons for that. The economy may not be booming, but more people are back to work, and more people are feeling confident that their jobs aren't in danger.
But lately, there have been a few signs popping up to suggest something worrisome. One of the drivers of new-car sales growth might be one of the factors that caused the economic crisis in the first place: subprime loans.
Car sales are up ��and subprime lending may be, too
The worst year for sales in almost 30 years came in 2009, with only 10.4 million "light vehicles" (the industry's term for cars, pickups, and SUVs) sold. That represented a huge drop from the 16-million plus that had been common in the years leading up to 2008's banking crisis.
Top 5 Clean Energy Companies To Buy Right Now: Delaware Investments Dividend & Income Fund Inc. (DDF)
Delaware Investments Dividend and Income Fund, Inc. is a close-ended balanced mutual fund launched by Delaware Management Holdings, Inc. It is managed by Delaware Management Business Trust. The fund invests in the public equity and fixed income markets of the United States. It seeks to invest 65 percent of its corpus in stocks and 35% in fixed income securities. The fund primarily invests in value stocks of large cap companies. It also invests in convertible securities, preferred stocks, other equity-related securities, and real estate investment trusts. For the fixed income component of the fund�s portfolio the fund invests in high yield corporate bonds rated BB or lower in terms of quality. It benchmarks the performance of its portfolio against the S&P 500 Index. Delaware Investments Dividend and Income Fund, Inc. was formed on March 25, 1993 and is domiciled in the United States.
Advisors' Opinion:- [By Dividends4Life]
According to a Gabelli Funds report, managed distribution policies offer several advantages, including:1. Lower difference between the fund�� market price and its NAV per share.2. Provides support during periods when the stock market is in a decline.3. Provides a measurable performance target for the investment adviser.Below are several high-yield funds from CEFA that have a managed distribution policy (yields as of December 16):Aberdeen Australia Eqty (IAF)- Distribution Yield: 10.4%- Income Yield: 3.46%Bexil Advisers LLC� (DNI)- Distribution Yield: 11.1%- Income Yield: 3.56%BlackRock En Capital&Inc (CII)- Distribution Yield: 8.78%- Income Yield: 2.34%Cornerstone Strat Value (CLM)- Distribution Yield: 18.77%- Income Yield: 1.83%Cornerstone Total Return (CRF)- Distribution Yield: 19.10%- Income Yield: 0.85%Delaware Inv Div & Inc (DDF)- Distribution Yield: 6.70%- Income Yield: 5.26%Gabelli Equity Trust (GAB)- Distribution Yield: 7.58%- Income Yield: 1.54%Gabelli Utility Trust (GUT)- Distribution Yield: 9.45%- Income Yield: 2.84%MFS Special Value Trust (MFV)- Distribution Yield: 9.60%- Income Yield: 5.73%Nuveen Tx-Adv TR Strat (JTA)- Distribution Yield: 6.70%- Income Yield: 3.12%TCW Strategic Income (TSI)- Distribution Yield: 10.54%- Income Yield: 7.88%Zweig Total Return (ZTR)- Distribution Yield: 7.27%- Income Yield: 1.95%As noted in the Gabelli report, a managed distribution policy may create confusion regarding the true current yield since the reported yield includes the return of capital portion. You can see the disparity above between the income yield and the distribution (reported) yield.If you are looking for a sustainable and growing dividend, you may want to consider some blue-chip dividend stocks such as these with a Free Cash Flow Payout less than 50%, 50+ years of consecutive dividend increases and a 2%+ yield:3M Co. (MMM) is a diversified global company provides enhanced product functionality in electronics, health care, industrial, consumer
Top 5 Gas Utility Stocks To Watch Right Now: Kimco Realty Corporation (KIM)
Kimco Realty Corporation is a publicly owned real estate investment trust. The firm engages in acquisitions, development, and management of neighborhood and community shopping centers. It also provides property management services relating to the management, leasing, operation, and maintenance of real estate properties. The firm primarily invests in real estate markets across the globe with a focus in North America. It also invests in operating properties. The firm also provides equity and mezzanine debt to developers and owners of commercial properties. It also makes secondary market investments including under performing mortgage loans, secured bank debt, and corporate securities. Kimco was formed in 1960 and is based in New Hyde Park, New York with additional office in Mesa, Arizona; Daly City, California; Granite Bay, California; Irvine, California; Carmichael, California; Vista, California; Walnut Creek, California; West Hartford, Connecticut; Largo, Florida; Margate, Florida; Sanford, Florida; Lisle, Illinois; Rosemont, Illinois; Columbia, Maryland; Lutherville, Maryland; Bellevue, Washington; Mesquite, Texas; Houston, Texas; Dallas, Texas; Austin, Texas; Ardmore, Pennsylvania; Portland, Oregon; Kettering, Ohio; Canfield, Ohio; Raleigh, North Carolina; Charlotte, North Carolina; New York, New York; and Las Vegas, Nevada.
Advisors' Opinion:- [By Dimitra DeFotis]
Apartment Invest & Management (AIV)
Ameriprise (AMP)
Edison International (EIX)
Host Hotels & Resorts (HST)
Kimco Realty (KIM)
Kroger (KR)
Lincoln National (LNC)
Newfield Exploration (NFX)
Republic Services (RSG)
UnitedHealth (UNH)
Verizon (VZ)
Wells Fargo (WFC)
WellPoint (WLP)
Wyndham Worldwide (WYN)
Xcel Energy Utilities (XEL) - [By Dividend King]
Earnings per share came in at $0.35 while competitors DDR Corp. (DDR) and Kimco Realty Corporation (KIM) reported earnings per share of -$0.56 and $0.27, respectively. With a price to earnings ratio of 123.57, it is clear investors are expecting higher growth from this stock than its competitors, whose price to earnings ratio are twice as half. I think it will not take very long for the stock to appreciate in value at a much higher rate due to higher revenue, good investor and market sentiment towards the stock, and an improved real estate market.
Top 5 Gas Utility Stocks To Watch Right Now: Swedbank AB (SWDBY.PK)
Swedbank AB is the parent company of Swedbank. Swedbank consists of subsidiaries, associates and a joint venture. The Company operates in six business areas: Swedish Banking, Baltic Banking, International Banking, Swedbank Markets, Asset Management and Ektornet. On January 20, 2009, Swedbank Robur AB acquired Banco Fonder AB from Alfred Berg. In February 2010, the Company acquired a 15% equity stake in OAO Swedbank from European Bank for Reconstruction and Development (EBRD). During the year ended December 31, 2009, Swedbank sold four branches to Sparbanken Nord, three branches to Sparbanken Dalsland, two branches to Sparbanken Rekarne, one branch to Tidaholms Sparbank and one branch to Sparbanken 1826.
Swedish Banking
Swedish Banking is engaged in offering a range of financial products and services to private customers, corporates, organisations and municipalities through close to 400 branches, as well as the telephone bank and Internet bank in Sweden. Swedbank�� products are also sold through the cooperating savings banks, which account for another 275 branches. The subsidiary in Luxembourg, with a representative office in Spain is included in the business area as well.
Baltic Banking
Baltic Banking offers a range of financial products and services to private and corporate customers in Estonia, Latvia and Lithuania. It offers its services through 226 branches, as well as the telephone bank and Internet bank.
International Banking
International Banking consists of operations outside Swedbank�� home markets, primarily the banking operations in Ukraine and Russia. In addition to Ukraine and Russia, the business area includes the branches in Denmark, Norway, the United States and China, as well as the representative office in Japan. The branch network in Ukraine, consists of 156 branches, serves both private and corporate customers. The Nordic branches offer corporate customers, mainly Swedish customers with operations in! the Nordic markets, a range of financial products and services.
Swedbank Markets
Swedbank Markets has operations in equity, fixed income and currency trading, corporate finance, as well as project, export and acquisition financing. In addition to its operations in Swedbank�� home markets, the business area includes the subsidiaries First Securities ASA in Norway and Swedbank First Securities LLC in New York.
Asset Management
Asset Management, which consists of the subsidiary Swedbank Robur Group, offers services in fund management, institutional and discretionary asset management in all of Swedbank�� home markets. Its customers include private customers, as well as institutions, foundations, municipalities, county councils and other investors. Its products are sold and distributed primarily by Swedish Banking and Baltic Banking and the savings banks in Sweden.
Ektornet
Ektornet is an independent subsidiary of Swedbank AB. It focuses on managing the Company�� repossessed assets and developing them over time. Most of the collateral consists of real estate, the part of which will be in the Baltic countries, though also in the Nordic region and the United States.
Advisors' Opinion:- [By David Hunkar]
Current Dividend Yield: 5.16%
Company: Swedbank AB (SWDBY.PK)
Sector: Oil, Gas & Consumable Fuels
Country: FranceCurrent Dividend Yield: 6.50%
Sector: Banking
Country: Sweden
Top 5 Gas Utility Stocks To Watch Right Now: bebe stores inc.(BEBE)
bebe stores, inc. engages in the design, development, and production of women?s apparel and accessories. Its products include a range of separates, tops, dresses, active wear, and accessories in career, evening, casual, and active lifestyle categories. The company markets its products under the bebe, BEBE SPORT, bbsp, and 2b bebe brand names targeting 21 to 34-year-old woman. As of July 2, 2011, it operated 252 retail stores, and an online store at bebe.com in the United States, the District of Columbia, Puerto Rico, the U.S. Virgin Islands, Japan, and Canada, as well as 60 international licensee operated stores in south east Asia, the United Arab Emirates, Israel, Russia, Mexico, and Turkey. The company was founded in 1976 and is headquartered in Brisbane, California.
Advisors' Opinion:- [By Anna Prior]
Bebe Stores Inc.(BEBE) is exiting its value-oriented 2b concept and is cutting jobs as part of a cost-reduction program. The women’s apparel and accessories retailer said Friday that a workforce reduction affected about 9% of its nonstore employees, excluding the distribution center, and less than 1% of its store operations team.
- [By Maria Armental and Anna Prior]
Bebe Stores Inc.(BEBE) said Chief Executive Steve Birkhold resigned and the board named Jim Wiggett, who has been advising the struggling retailer, as interim CEO. The women’s apparel and accessories retailer plans to begin the search for a permanent successor.
- [By Rich Duprey]
Women's fashion leader bebe (NASDAQ: BEBE ) has a new face on its board of directors. The specialty retailer announced Monday it has named Narry Singh to join the board, noting his contributions in the world of digital entertainment.
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