British American Tobacco PLC

British American Tobacco p.l.c. is a tobacco and next generation products company. The Company’s tobacco product range includes cigarettes, fine cut (roll-your-own and make-your-own tobacco) and Swedish-style snus. Its segments include Asia-Pacific, Americas, Western Europe, and Eastern Europe, Middle East and Africa (EEMEA). The Asia-Pacific segment includes its operations in various countries, including Australia, Pakistan, Malaysia, Vietnam, Japan, South Korea, Indonesia, New Zealand and Bangladesh.

The Americas segment includes its operations in various countries, including Brazil, Mexico, Canada, Colombia, Argentina, Chile and Venezuela. The Western Europe segment includes its operations in various countries, including Germany, Denmark, Switzerland, Belgium, France, the United Kingdom, Romania, Spain, Italy, Poland and Croatia/Balkans. The EEMEA segment includes its operations in various countries, including Russia, Ukraine, South Africa, Turkey, Egypt, Nigeria and Algeria.

Altria Group Inc

Altria Group, Inc. is a holding company. The Company’s segments include smokeable products, smokeless products and wine. The Company’s subsidiaries include Philip Morris USA Inc. (PM USA), which is engaged in the manufacture and sale of cigarettes in the United States; John Middleton Co. (Middleton), which is engaged in the manufacture and sale of machine-made cigars and pipe tobacco, and UST LLC (UST), which, through its subsidiaries, including U.S. Smokeless Tobacco Company LLC (USSTC) and Ste. Michelle Wine Estates Ltd. (Ste. Michelle), is engaged in the manufacture and sale of smokeless tobacco products and wine.

Its other operating companies include Nu Mark LLC (Nu Mark), a subsidiary that is engaged in the manufacture and sale of tobacco products, and Philip Morris Capital Corporation (PMCC), a subsidiary that maintains a portfolio of finance assets. Other subsidiaries include Altria Group Distribution Company and Altria Client Services LLC.

Cambria Katherine’s Vineyard Chardonnay 2016


The value-priced 2016 Chardonnay Katherine’s Vineyard comes from a site in the Santa Maria Valley and spent 7 months in 20% new French oak. Ripe orchard fruits, brioche, honeysuckle, creamed corn, and spice all flow to a beautifully balanced, elegant Chardonnay that has a great texture, no hard edges, and a great finish. It’s slightly commercial and straightforward, yet it’s impeccably made and certainly delicious.

Katherine’s Vineyard, named for Katie Jackson in 1986, consists of ancient soils with fossilized seashells, shale, limestone and sand, with fog-swept vines that have endured since the 1970s. This unique piece of land thrives in the cool, maritime influences that funnel in from the Pacific Ocean, allowing for the longest growing season in the state

Twitter’s a Bargain ~ Buy it When its Down ~ Daaahh

Twitter plunges following a Q3 revenue and EPS miss. The revenue miss is shocking, considering the mDAUs surged 17% in the quarter to 145 million. The stock might be stuck at $30 until the company can show revenue growth to top 15% again.

The stock is a bargain with an EV of $20 billion and ’20 revenue targets to top $4 billion.Twitter (NYSE:TWTR) just reported the unthinkable combination of accelerated user growth while substantially missing revenue targets. An investor needs to focus on the user growth and let the revenue problems work themselves out in due time.

Sometime next week after the stock takes the usual three days to bottom out might be a good time to buy

Nokia Down 24% ~ Ouch

5G … Say What

Non-IFRS FY19 EPS is expected at €0.21 (±€0.03) from the prior guidance of €0.25 – €0.29. Non-IFRS operating margin at 8.5% (±1%). Recurring free cash flow to be negative from slightly positive, implying net cash to €1.5B at the end of FY19.

FY20 non-IFRS EPS is expected in the range of €0.25 (±€0.05) from the prior guidance of €0.37 – €0.42. Non-IFRS operating margin at 9.5% (±1.5%).

The company will not distribute the third and fourth quarterly instalments of the dividend for the financial year 2018 to increase 5G investments, investments in growth in strategic focus areas of enterprise and software and strengthen Nokia’s cash position.

Nokia Corporation (NOK)

Nokia’s (NYSE:NOK) inconsistent quarterly results are holding the stock back. The market sell-off sent NOK stock back to 52-week lows, even though the company continues to win big 5G contracts. On Sept. 29, Japan’s telecom firm KDDI selected Nokia for its 5G upgrade.

As its primary partner to upgrade its network from 4G to 5G, Nokia will install its radio access solution AirScale. With this approach, KDDI will get support for both 4G and 5G operations. Nokia is an existing supplier to KDDI and the two firms have a strong relationship that is over two decades old. \

To support the need for ongoing R&D activities, Nokia showcased its Future X Lab in Finland. This will enable customers to take a look at Nokia’s 5G offerings. Nokia will demonstrate its technologies and innovations to customers at the “Experience Zone.”

Nokia’s Q2 revenue growth of 2.52% Y/Y and an EPS of $0.056 signals a profitable path ahead. Plus, management reiterated its commitment to a dividend of up to EUR 0.20 (US $0.22) annually. Income investors seeking growth get rewarded a dividend that yields around 4.5%.

NYCB – New York Community Bancorp

NYCB – New York Community Bancorp, Inc. stock

New York Community Bancorp has started to grow its portfolio and has completed the bulk of planned share repurchases. With recessionary fears at the forefront, the bank’s quality standards has allowed it to outperform its peers.

We examine this from a valuation standpoint and give our take on this regional bank.When we last covered New York Community Bancorp (NYCB) we were modestly positive on the regional bank in spite of headwinds from the yield curve.

BAML favorite Q4 picks

Bank of America Merrill Lynch releases its top 10 U.S. ideas for Q4. The high-conviction list includes 7 Buy-rated stocks and 3 Underperform-rated stocks.

Top BAML Buy-rated ideas: Aramark (NYSE:ARMK), Salesforce.com (NYSE:CRM), Disney (NYSE:DIS), Dover (NYSE:DOV), New York Community Bank (NYSE:NYCB), Raytheon (NYSE:RTN) and Target (NYSE:TGT).

Top BAML Underperform-rated ideas: Floor and Decor (NYSE:FND), Gap (NYSE:GPS) and Terex Corp. (NYSE:TEX).

Movado ~ Museum Classic

Men’s Museum Classic watch, 40 mm stainless steel case, black Museum dial with silver-toned dot and hands, black calfskin strap with stainless steel buckle.

Nathan George Horwitt ~ He is most renowned for his Museum watch, which featured a black dial with a single silver circle situated at 12 o’clock. The Museum watch is part of the permanent collection of New York’s Museum of Modern Art. The watch was intended to suggest a sundial, the most ancient form of keeping time.

ABR – Arbor Realty Trust, Inc.

ABR - Arbor Realty Trust, Inc.

Arbor’s business transformation has diversified their income sources into more predictable and stable revenues.

Arbor’s dividend has been increasing and I see potential for further increases in the future.

The CEO is a major shareholder and founder of the company. The alignment of management’s interest with shareholders provides a qualitative safety in the investment.

An investment in Arbor could return between 28% to 38% including dividends.

Arbor Realty Trust Inc is a specialized real estate finance company. It invests in a diversified portfolio of structured finance assets in the multifamily and commercial real estate markets, primarily consisting of bridge and mezzanine loans, including junior participating interests in first mortgages, preferred and direct equity.

In addition, it may also directly acquire real property and invest in real estate-related notes and certain mortgage-related securities. The company has two business segments, Structured Business and Agency Business. It generates a majority of its revenue from the Structured Business Segment. The company is externally managed and advised by Arbor Commercial Mortgage, LLC.

Reasons to Like Ford in 2020

Stuck in a wide trading range of between $8 and $10 this year, Ford Motor (NYSE:F) is struggling to reward its loyal shareholders for believing in its tremendous upside potential. The company is, for the most part, exiting the automotive segment and doubling down its efforts on trucks and SUVs.

ford motor co

Beyond that, Ford is investing in the future of EVs. So, why should dividend-income growth investors consider Ford stock? Shares pay a dividend yielding 6.8%, but the erratic stock price movement undermines the capital risks of a paper loss against the safety of income.