On a slow day for defense contractors, a subsidiary of Warren Buffett's Berkshire Hathaway (NYSE: BRK-A ) took home the Pentagon gold Wednesday.
After bidding for the rights to develop and manufacture an aircrew training system for the new KC-46 Boeing aerial refueling tanker, Berkshire subsidiary�FlightSafety International won a $78.4 million contract to produce the system. FlightSafety could have as long as until 2026 to complete work on the contract if all option-year extensions are exercised.
Berkshire's single contract win accounted for more than half the $149.4 million in contracts awarded Wednesday. Of the rest, only one went to another publicly traded company. General Dynamics' (NYSE: GD ) Advanced Information Systems subsidiary won $31.5 million in the form of a five-year performance-based logistics requirements contract to support six mission computers used on F/A 18 E/F, EA-18G, and AV-8B aircraft. The completion date on this contract is April 2018.
Top 10 Warren Buffett Companies For 2014: Conceptus Inc.(CPTS)
Conceptus, Inc. designs, develops, and markets minimally invasive devices for reproductive medical applications primarily in the United States, France, and rest of Europe. It primarily provides Essure, a permanent birth control system that delivers an insert into a woman?s fallopian tubes. The company sells its products through direct sales personnel and distributors primarily to physicians and hospitals. Conceptus, Inc. was founded in 1992 and is headquartered in Mountain View, California.
Top 10 Warren Buffett Companies For 2014: Patheon Inc Com Npv Vtg Restric (PTI.TO)
Patheon Inc. provides drug development and manufacturing services to the pharmaceutical, biotechnology, and specialty pharmaceutical companies worldwide. It primarily offers commercial manufacturing outsourcing services and outsourced pharmaceutical development services. The company�s commercial manufacturing outsourcing services include the activities primarily relating to various sterile dosage forms, as well as solid, conventional, and specialized dosage forms. It also develops a range of specialized capabilities in high potency, controlled substances, and sustained release products. Its pharmaceutical development services comprise early development; pre-formulation, formulation, and development of dosage forms; manufacturing of development stage products during the regulatory drug approval process, including the manufacture of pilot batches; scale-up and technology transfer services designed to validate commercial-scale drug manufacturing processes; and development of analytical methods and delivery of analytical services. Patheon Inc. was founded in 1974 and is based in Mississauga, Canada.
Top Stocks To Buy Right Now: Blueknight Energy(BKEP)
Blueknight Energy Partners, L.P., together with its subsidiaries, provides integrated terminalling, storage, processing, gathering, and transportation services for companies engaged in the production, distribution and marketing of crude oil and asphalt products in the United States. The company offers crude oil terminalling and storage services, which enables it customers to manage their crude oil inventories, marketing, and operating activities, as well as asphalt services that enables its customers to manage their asphalt product storage and processing, and marketing activities. It also provides crude oil pipeline and crude oil trucking services. In addition, the company offers producer field services, including gathering condensates by way of bobtail trucks for natural gas companies to hauling produced water to disposal wells; provision of hot and cold fresh water; chemical and down hole well treatment services; wet oil clean up services; and building and maintaining se paration facilities. As of July 19, 2011, it owned and operated a portfolio of midstream energy assets consisting of approximately 8.1 million barrels of crude oil storage facilities located in Oklahoma and Texas; approximately 1,285 miles of crude oil pipeline network located primarily in Oklahoma and Texas; approximately 300 crude oil transportation and oilfield services vehicles deployed in Kansas, New Mexico, Oklahoma, and Texas; and approximately 7.4 million barrels of combined asphalt product and residual fuel oil storage facilities located at 45 terminals in 22 states. The company was formerly known as SemGroup Energy Partners, L.P. Blueknight Energy Partners, L.P. is based in Tulsa, Oklahoma.
Top 10 Warren Buffett Companies For 2014: ProPhase Labs Inc.(PRPH)
ProPhase Labs, Inc. engages in the research, development, manufacture, distribution, marketing, and sale of over-the-counter (OTC) cold remedy and consumer products, natural base health products, and other supplements and cosmeceuticals in the United States. Its OTC offerings include Cold-EEZE, a zinc gluconate glycine product to reduce the duration and severity of the common cold symptoms; Kids-EEZE soft chews to treat chest congestion, cough/cold, or allergies; and Organix Complete cough/cold drops for coughs and sore throats due to the common cold. The company sells its consumer health products through national wholesalers and distributors, as well as independent and chain food, drug and mass merchandise stores, and pharmacies. ProPhase Labs, Inc. has a joint venture with Phusion Laboratories, LLC for the development and commercialization of non-prescription remedies using patented TPM technology. It also manufactures private label lozenges for retail customers; and man ufactures, markets, and distributes a range of homeopathic and health products. The company was formerly known as The Quigley Corporation and changed its name to ProPhase Labs, Inc. in May 2010. ProPhase Labs, Inc. was founded in 1989 and is headquartered in Doylestown, Pennsylvania.
Top 10 Warren Buffett Companies For 2014: Cornerstone Progressive Return Fund(CFP)
Cornerstone Progressive Return Fund is a closed-ended equity fund of fund launched and managed by Cornerstone Advisors, Inc. The fund invests funds investing in the public equity markets of the United States. It invests in stocks of companies operating across diversified sectors. Cornerstone Progressive Return Fund was formed on April 26, 2007 and is domiciled in the United States.
Top 10 Warren Buffett Companies For 2014: AXIOM III INC (AXIO.OB)
Axiom Gold and Silver Corp. engages in the discovery, exploration, and development of precious metal properties in Mexico, Chile, and Argentina. It holds interests in the Aurora project covering approximately 570 hectares and the Gavilan project comprising approximately 724.1028 hectares located in Sonora, Mexico. The company was formerly known as TC Power Management Corp. and changed its name to Axiom Gold and Silver Corp. in January 2011. Axiom Gold and Silver Corp. was founded in 2007 and is based in Oro Valley, Arizona.
Top 10 Warren Buffett Companies For 2014: ICF International Inc. (ICFI)
ICF International Inc. provides management, technology, and policy professional services to government, commercial, and international clients. It primarily offers advisory services, which include needs and market assessments, policy analysis, strategy and concept development, organizational assessment and strategy, enterprise architecture, and program design; and implementation services to manage technological, organizational, and management solutions for clients, including information technology solutions, project and program management, project delivery, strategic communications, and training. The company also provides evaluation and improvement services consisting of program evaluations, continuous improvement initiatives, performance management, benchmarking, and return-on-investment analyses. It serves energy, environment, and transportation; health, education, and social programs; and homeland security and defense. The company was formerly known as ICF Consulting Gro up Holdings, LLC and changed its name to ICF International, Inc. in 2006. The company was founded in 1969 and is headquartered in Fairfax, Virginia.
Top 10 Warren Buffett Companies For 2014: Bank of Marin Bancorp(BMRC)
Bank of Marin Bancorp operates as the bank holding company for Bank of Marin that offers a range of commercial and retail banking products and services in California. It offers personal and business checking and savings accounts; time deposit alternatives comprising time certificates of deposit, individual retirement accounts, health savings accounts, and certificate of deposit account registry services; remote deposit capture, direct deposit of payroll, social security and pension checks, fraud prevention services, and image lockbox services; and valet deposit pick-up service. The company provides its deposit products and services primarily to individuals, merchants, small to medium sized businesses, not-for-profit organizations, and professionals. Its loan portfolio comprises commercial and retail lending programs that include commercial loans and lines of credit, construction financing, consumer loans, and home equity lines of credit. In addition, the company provides m erchant card services, credit cards, and business Visa programs; cash management services to business clients through a third party vendor; wealth management and trust services, such as customized investment portfolio management, financial planning, trust administration, estate settlement and custody services, and advice on charitable giving; and 401(k) plan services to small and medium businesses through a third party vendor. Further, it provides private banking services, including deposit services and loans; international banking services; and automated teller machine, Internet banking, and telephone banking services. As of April 25, 2011, Bank of Marin Bancorp operated 17 branch offices in Marin, San Francisco, Napa, and Sonoma counties. The company was founded in 1989 and is headquartered in Novato, California.
Top 10 Warren Buffett Companies For 2014: Cincinnati Financial Corporation(CINF)
Cincinnati Financial Corporation engages in the property casualty insurance business in the United States. Its Commercial Lines Property Casualty Insurance segment provides coverage for commercial casualty, commercial property, commercial auto, and workers? compensation. It also offers specialty packages, including coverages for property, liability, and business interruption for specific industry classes, such as artisan contractors, dentists, or street businesses. In addition, this segment provides contract and commercial surety bonds, fidelity bonds, and director and officer liability insurance, as well as machinery and equipment coverage. The company?s Personal Lines Property Casualty Insurance segment offers coverage for personal auto and homeowners, as well as other insurance products, such as dwelling fire, inland marine, personal umbrella liability, and watercraft coverages to individuals. Cincinnati Financial?s Excess and Surplus Lines Property Casualty Insurance s egment offers commercial casualty insurance that covers businesses for third-party liability from accidents occurring on their premises or arising out of their operations, including products and completed operations; and commercial property insurance, which insures loss or damage to buildings, inventory, equipment, and business income from causes of loss, such as fire, wind, hail, water, theft, and vandalism. The company?s Life Insurance segment provides term insurance; universal life insurance; whole life insurance; and worksite products, which include term, whole life, universal life, and disability insurance offered to employees through their employer. This segment also markets disability income insurance, deferred annuities, and immediate annuities. Its Investment segment invests in fixed-maturity investments, equity investments, and short-term investments. Cincinnati also offers commercial leasing and financing services. The company was founded in 1950 and is headquarte red in Fairfield, Ohio.
Top 10 Warren Buffett Companies For 2014: Cable & Wireless Plc(CW.L)
Cable & Wireless Worldwide plc, together with its subsidiaries, provides communication infrastructure and services to users of telecommunications services. It offers a range of managed voice, data, and IP-based services and applications to multinational companies, governments, carrier customers, and resellers. The company provides contact centre solutions that include QueueBuster, which offers callers an alternative option to waiting on hold by increasing peak call handling capacity; STORM, a multimedia interactive communications platform; voice interaction; and IP contact centre, which provides a choice of hosted contact centre infrastructure to manage customer interactions across multiple channels. It also provides various data solutions, such as IP-VPN, a private MPLS-based wide area networking service; local area network (LAN) management services; Ethernet Wirleine and Ethernet VPN for extending LAN capability across a wide area network; and National Private Line that links user?s sites in the United Kingdom with dependable leased-line connections. In addition, the company offers infrastructure services, including application performance management, co-location, managed exchange, managed hosting, flexible computing, video conferencing, and security services; and voice products comprising hosted voice, Internet protocol (IP) trunking, and international interconnect services. It serves customers in the banking and financial services, channel business, engineering and exploration, government, insurance, international carriers, investment banking, media, retail, and utilities sectors, as well as system integrators. Cable & Wireless Worldwide plc offers its products and services in the United Kingdom, the Asia Pacific, India, the Middle East, Africa, continental Europe, and North America. The company is headquartered in London, the United Kingdom. Cable & Wireless Worldwide plc operates independently of Cable & Wireless Communications Plc as of March 22, 2010.
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