LONDON -- According to weekend newspaper reports, Sir Roger Carr -- currently chairman of�Centrica�-- is being lined up as the next chairman of�BAE Systems� (LSE: BA ) (NASDAQOTH: BAESY ) . If true, it will be another good reason to hold the high-yielding shares.
The current incumbent, Dick Olver, is expected to step down this year, with more than a little push from shareholders after BAE's plan to merger with Airbus manufacturer�EADS�fell apart. Fund manager�Neil Woodford�of Invesco Perpetual, BAE's largest shareholder with 13%, campaigned for Olver to go and is said to support Sir Roger's candidature.
What will this mean for BAE investors? I make three predictions.
Confidence and clarity
Sir Roger is an eminent City grandee, currently president of the Confederation of British Industry and deputy chairman of the Bank of England. He is outspoken, on topics such as U.K. energy policy, the U.K.'s role in Europe and executive pay, so BAE will have a louder and more confident public voice than recently. That should embolden management to take proactive measures to address the company's weak markets, too. Olver and CEO Ian King are damaged goods in the wake of the EADS debacle.
Hot High Tech Stocks To Buy For 2014: Doxa Energy Ltd (DXA.V)
Doxa Energy Ltd., a junior oil and gas company, engages in the acquisition, exploration, and development of oil and gas properties primarily in south Texas, the United States. The company develops and maintains a portfolio of producing and developing conventional projects; and unconventional assets, including the Eagle Ford Shale Oil Play in south Texas. It also holds interest in the Mississippian Oil Play in northern Oklahoma. Doxa Energy Ltd. was incorporated in 2007 and is headquartered in Vancouver, Canada.
Hot High Tech Stocks To Buy For 2014: Section Rouge Media Inc. (SRO.V)
Section Rouge M茅dia inc. does not have significant operations. Previously, the company engaged in editing newspapers and magazines. The company was incorporated in 1996 and is based in Longueuil, Canada.
Top 10 US Companies To Invest In Right Now: royal dutch shell `b`shs(RDSB.L)
Royal Dutch Shell plc operates as an oil and gas company worldwide. The company explores for and extracts crude oil and natural gas. It also converts natural gas to liquids to provide cleaner-burning fuels; markets and trades natural gas; extracts bitumen from mined oil sands and convert it to synthetic crude oil; and generates electricity from wind energy. In addition, it converts crude oil into a range of refined products, including gasoline, diesel, heating oil, aviation fuel, marine fuel, lubricants, bitumen, sulphur, and liquefied petroleum gas (LPG); and produces and sells petrochemicals for industrial use. The company holds interests in approximately 30 refineries; approximately 1,500 storage tanks and 150 distribution facilities; and fuels retail network of approximately 43,000 service stations under the Shell brand name. Royal Dutch Shell plc also markets its products under the Shell V-Power and Shell FuelSave brand names. In addition, the company offers lubricant s to the passenger cars, trucks, and coaches, as well as for industrial machinery in manufacturing, mining, power generation, agriculture, and construction industries. Further, it sells fuels, specialty products, and services to commercial customers; offers fuel for approximately 7,000 aircraft every day at 800 airports in 30 countries; provides fuels, lubricants, and related technical services to the marine industry; offers liquefied petroleum gas and related services to retail, commercial, and industrial customers for cooking, heating, lighting, and transport applications; provides transport, industrial, and heating fuels; and supplies approximately 11,000 tonnes of bitumen products. Additionally, the company produces a range of base chemicals, including ethylene, propylene, and aromatics; and intermediate chemicals, such as styrene monomer, propylene oxide, solvents, detergent alcohols, ethylene oxide, and ethylene glycol. Royal Dutch Shell plc is headquartered in The Hag ue, the Netherlands.
Hot High Tech Stocks To Buy For 2014: Fauquier Bankshares Inc.(FBSS)
Fauquier Bankshares, Inc. operates as a holding company for The Fauquier Bank, a state-chartered bank that provides consumer and commercial banking services to individual, business, and industrial customers principally in Fauquier County, western Prince William County, and neighboring communities in Virginia. It offers interest-bearing and non-interest bearing demand deposits, money market accounts, NOW accounts, time deposits, and certificate of deposit accounts; and secured and unsecured commercial and real estate loans, stand-by letters of credit, installment loans, unsecured and secured personal loans, residential mortgages and home equity loans, and automobile and other types of consumer financing. The company also provides safe deposit services, credit cards, cash management services, direct deposits, notary services, night depositories, travel and gift cards, cashier?s checks, domestic collections, savings bonds, bank drafts, automated teller machine services, and drive-in tellers, as well as Internet banking, telephone banking, and banking by mail services. In addition, it offers investment management, trust, estate settlement, retirement, insurance, and brokerage services. The company has 10 full-service branch offices located in the communities of Warrenton, Catlett, The Plains, Sudley Road-Manassas, Old Town-Manassas, New Baltimore, Bealeton, Bristow, and Haymarket in Virginia. Further, it holds ownership interests in Bankers Insurance, LLC, an independent insurance company; Infinex Investments, Inc., a broker/dealer; and Bankers Title Shenandoah, LLC, a title insurance company. The company was founded in 1902 and is based in Warrenton, Virginia.
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