The price of gasoline is constantly on people's minds. The prices you see on those gas-station signs everywhere you drive are tough enough to swallow, but what you may not know is the extent to which gas taxes contribute to those prices.
The federal tax is $0.184 per gallon, and states add their own taxes to bring the average tax up to $0.306 per gallon. Some states go far above average, so which states hit your wallet the hardest? Let's take a look at who has the highest gasoline taxes.
RankState
State Gasoline Tax Per Gallon
Total Gasoline Tax Per Gallon
1
California
$0.501
$0.685
2
Hawaii
Best Restaurant Companies To Watch In Right Now: Bank of South Carolina Corp.(BKSC)
Bank of South Carolina Corporation operates as the holding company for The Bank of South Carolina that provides commercial banking products and services to individuals, and small and medium-sized businesses in South Carolina. The company accepts a range of deposit products, which include checking accounts, negotiable order of withdrawal accounts, savings accounts, individual retirement accounts, and other time deposits, such as daily money market accounts and longer-term certificates of deposit. It also offers various commercial loans, including secured and unsecured loans for working capital, business expansion, and purchasing machinery and equipment; mortgage loans; industrial loans; real estate loans; loans to individuals for household, family, and other personal expenditures; and other loans, including overdrafts. In addition, the company provides Internet banking services, including online bill pay and remote deposit capture; credit cards; check card services; and saf e deposit boxes, letters of credit, travelers checks, direct deposit of payroll, social security and dividend payments, and automatic payment of insurance premiums and mortgage loans. Further, it offers a courier service and ACH origination service as part of its deposit services for commercial customers; and a portfolio of wealth management/trust, investment, and retirement services. The company has four banking house locations in Charleston, Summerville, and Mt. Pleasant, South Carolina. It serves customers in Berkeley, Charleston, and Dorchester counties. The company was founded in 1986 and is headquartered in Charleston, South Carolina.
Advisors' Opinion:- [By Marc Bastow]
Financial institutions holding company Bank of South Carolina (BKSC) raised its dividend 8.3% to 13 cents per share, payable on Oct. 31 to shareholders of record as of Oct. 7.
BKSC Dividend Yield: 3.72%
Top 10 Forestry Stocks To Buy For 2014: PhotoMedex Inc.(PHMD)
PhotoMedex, Inc., together with its subsidiaries, operates as a skin health company in North America and internationally. It offers disease management and aesthetic solutions to dermatologists, professional aestheticians, and consumers. The company provides no!no! hair removal products; professional products, including capital equipment to physicians and skin care specialists; XTRAC laser products for the treatment of psoriasis and vitiligo; NEOVA formulations for premature skin aging due to UV-induced DNA damage; Omnilux Light-emitting diode (LED) systems to treat wrinkles, acne, minor muscle pain, and pigmented lesions; Lumi�e light therapy equipment, a non-invasive skin care solution for use in non-medical applications primarily salons and spas; and topical lotions to improve the appearance of fine lines, wrinkles, skin tone, and blemishes. It also provides home-use devices under the no!no! brand for various indications, including hair removal, acne treatment, and ski n rejuvenation; and a professional product line for acne clearance, skin tightening, psoriasis care, and hair removal to physician clinics and spas. In addition, the company engages in the development, manufacture, and sale of surgical products, including proprietary free-beam and Contact Laser Systems for surgery. Further, it sells surgical disposables and accessories to hospitals and surgery centers; and repairs, maintains, and provides replacement parts for the company?s products. The company is headquartered in Montgomeryville, Pennsylvania.
Advisors' Opinion:- [By Lisa Levin]
PhotoMedex (NASDAQ: PHMD) shares rose 2.47% to $13.27. The volume of PhotoMedex shares traded was 659% higher than normal. PhotoMedex lifted its Q4 revenue forecast.
- [By Lauren Pollock]
Skin-health company PhotoMedex Inc.(PHMD) issued a dour third-quarter report as it didn’t log any consumer sales to its Japanese distributor, which changed its business model and affected other companies besides PhotoMedex. Unless it generates revenue from Japan, the company’s current-quarter sales are poised to fall short of consensus views. Shares dropped 10% to $11.47 premarket.
Top 10 Forestry Stocks To Buy For 2014: Aegerion Pharmaceuticals Inc.(AEGR)
Aegerion Pharmaceuticals, Inc., a development stage biopharmaceutical company, engages in the development and commercialization of novel therapeutics to treat debilitating and fatal rare diseases. The company focuses on therapeutics to treat severe inherited lipid disorders. Lipids are naturally occurring molecules, such as cholesterol and triglycerides that are transported in the blood. Its lead product, lomitapide has completed pivotal Phase III clinical trial to treat patients with a rare inherited lipid disorder called homozygous familial hypercholesterolemia, or HoFH. The company also plans to develop lomitapide for the treatment of adult patients with a severe genetic form of hypertriglyceridemia called familial chylomicronemia. Aegerion Pharmaceuticals, Inc. was founded in 2005 and is headquartered in Cambridge, Massachusetts.
Advisors' Opinion:- [By Garrett Cook]
Wednesday morning, the healthcare sector proved to be a source of strength for the market. Leading the sector was strength from ZELTIQ Aesthetics (NASDAQ: ZLTQ) and Aegerion Pharmaceuticals (NASDAQ: AEGR).
Top 10 Forestry Stocks To Buy For 2014: Dr. Reddy's Laboratories Ltd(RDY)
Dr. Reddy?s Laboratories Limited, together with its subsidiaries, operates as a pharmaceutical company. It produces finished dosage forms, active pharmaceutical ingredients and intermediates, and biotechnology products. The company also conducts research in the areas of cancer, diabetes, cardiovascular, inflammation, and bacterial infection. In addition, it involves in the contract manufacture generic prescription and over-the-counter products for branded and generic companies in the United States. The company primarily focuses on therapeutic categories of cardiovascular, diabetes management, gastro-intestinal, and pain management. It markets its products in India, the United States, Europe, and the Russian Federation. The company has a co-development and commercialization agreement with Rheoscience A/S for the development and commercialization of Balaglitazone/DRF 2593, a partial PPAR-gamma agonist for the treatment of type 2 diabetes; an agreement with ClinTec Internatio nal for the development of an anti-cancer compound, DRF 1042; collaboration with the National Cancer Institute in Maryland; and an agreement with Argenta Discovery Limited for the joint development and commercialization of a novel approach to the treatment of chronic obstructive pulmonary disease. It also has an agreement with 7TM Pharma for drug discovery collaboration on selected drug targets; and an agreement with GlaxoSmithKline plc to develop and market pharmaceuticals for the treatment of cardiovascular disease, diabetes, oncology, gastroenterology, and pain management. Dr. Reddy?s Laboratories Limited was founded in 1984 and is headquartered in Hyderabad, India.
Advisors' Opinion:- [By Dan Carroll]
The company's generic drug segment should also help push emerging market sales. Abbott markets generic pharmaceuticals outside the U.S. only, and while the division isn't growth-oriented -- sales actually fell around 2% for the quarter -- it provides an entry for the company to push into lucrative new markets such as India, where generics make up the large majority of the country's retail market. The company will face tougher competition in this industry, however: Firms such as India-based Dr. Reddy's (NYSE: RDY ) have also pushed hard into emerging markets lately, and Dr. Reddy's in particular should benefit from its being headquartered in one of the industry's top locales.
Top 10 Forestry Stocks To Buy For 2014: Harte-Hanks Inc. (HHS)
Harte-Hanks, Inc., a direct and targeted marketing company, provides multichannel direct and digital marketing services, and shopper advertising opportunities to a range of local, regional, national, and international consumer and business-to-business marketers in the United States and other countries. It offers integrated, multichannel, and data-driven solutions for various brands to retail, high-tech/telecom, financial services, and pharmaceutical/healthcare markets. The company provides agency and digital services, including Website development and design, digital strategy, social media marketing and monitoring, email marketing, and ecommerce and interactive relationship management services; database marketing solutions that enable organizations to build and manage customer communication strategies; and Trillium Software System, a global locator geocoding product, as well as associated data governance services. It also offers direct mail and fulfillment, and business-to -business lead generation services, as well as operates teleservice workstations that provide advanced contact center solutions. The company has a strategic partnership with GX Software. Harte-Hanks, Inc. was founded in 1970 and is headquartered in San Antonio, Texas.
Advisors' Opinion:- [By Luke Jacobi]
Harte-Hanks (NYSE: HHS) shot up 6.76 percent to $8.53 after BMO Capital upgraded the stock from Market Perform to Outperform.
Facebook (NASDAQ: FB) gained 3.78 percent to $51.04. Facebook's Instagram reported that it will introduce advertisements in the coming months. Sterne Agee raised the price target on the stock from $50.00 to $58.00.
- [By Eric Volkman]
There will soon be a new moniker on the CEO nameplate at Harte-Hanks (NYSE: HHS ) . The company has picked Robert Philpott to replace outgoing Chief Executive Larry Franklin, who will retire on June 30. Philpott, who was selected following a global search led by a board of directors committee, will also assume Franklin's role as president of the company.
Top 10 Forestry Stocks To Buy For 2014: Seagate Technology.(STX)
Seagate Technology Public Limited Company designs, manufactures, markets, and sells hard disk drives for enterprise, client compute, and client non-compute market applications worldwide. The company?s products are used in enterprise servers, mainframes, and workstations; desktop and notebook computers; digital video recorders; personal data backup systems; portable external storage systems; and digital media systems. It also provides data storage services for small to medium-sized businesses, including online backup, data protection, and recovery solutions; and ships external backup storage solutions under its Free Agent Go and Free Agent Go Flex product lines. The company sells its products primarily to original equipment manufacturers, distributors, and retailers. Seagate Technology Public Limited Company was founded in 1979 and is headquartered in Dublin, Ireland.
Advisors' Opinion:- [By Michael Lewis]
Seagate Technology (NASDAQ: STX ) is one of the most sensitive large-cap stocks on the market, given its close ties to the ever-degrading PC industry. For a while, the company was undeservedly punished by its affiliation, even while generating tons of free cash flow, returning it to shareholders, and shifting its operating business to the current and future trends. Things have stabilized a bit, and the stock has gained more than 55% in the last year alone, but with the recent earnings report, there actually are a few points that should make investors hesitate for a moment. Is Seagate still a buy?
- [By Brian Stoffel]
2. Seagate Technology� (NASDAQ: STX ) �, P/E of 6.5
To understand Seagate and what it does, simply go back and read about Western Digital. These two companies combined control 90% of the world's HDD market. - [By Michael J. Carr]
While Einhorn has proven his ability to find winners on the short side, he maintains a "net long" position in his funds, which means he has more long positions than shorts. One of his recent winners on the long side was Seagate Technology (Nasdaq: STX), which Einhorn began buying in 2011 and resulted in a 64% average annual return in less than two years.
Top 10 Forestry Stocks To Buy For 2014: FreightCar America Inc (RAIL)
FreightCar America, Inc. (America) is engaged in manufacturing of aluminum-bodied railcars in North America. America is also a manufacturer of coal cars. During the year ended December 31, 2011(2011), the Company was specialized in the production of coal cars, which represented 93% of its deliveries of railcars. The Company also refurbishes and rebuilds railcars and sells forged, cast and fabricated parts for all of the railcars it produces, as well as those manufactured by others. During 2011, its primary customers were railroads, shippers and financial institutions, which represented 83%, 2% and 1%, respectively, of its total sales attributable to each type of customer. During 2011, it delivered 6,188 railcars, including 4,500 aluminum-bodied coal cars. It offers railcar leasing and refurbishment alternatives to its customers. Through its newly formed subsidiary FreightCar Rail Services, LLC (FCRS), it provides railcar repair and maintenance, inspections, and railcar fleet management services for all types of freight railcars. Its railcar manufacturing facilities are located in Danville, Illinois and Roanoke, Virginia.
The Company also leases freight cars through its JAIX Leasing Company subsidiary. In addition, the Company manufactures coal cars for export to Latin America and manufactures intermodal railcars for export to the Middle East. With operations in Colorado, Indiana and Nebraska, it services freight cars and unit coal trains utilizing rail corridors in the Midwest and Western regions of the United States. The Company designs and manufactures aluminum-bodied and steel-bodied railcars that transport a range of various products. It manufactures two primary types of coal cars, such as gondolas and open-top hoppers. The BethGon is the aluminum-bodied coal gondola railcar segment, which is used in North America. Its aluminum bodied open-top hopper railcar, the AutoFlood, is a five-pocket coal car equipped with a bottom discharge gate mechanism. AutoFlood II and AutoFlood III design! incorporates the automatic rapid discharge system, the MegaFlo door system and a mechanism that uses an over-center locking design, enabling the cargo door to close with tension rather than by compression.
The Company also manufactures a range of other types of aluminum and steel-bodied coal cars, including triple hopper, hybrid aluminum/stainless steel hoppers and gondolas and flat bottom gondola railcars. The Company�� portfolio of other railcar types include the AVC Aluminum Vehicle Carrier design, which is used to transport commercial and light vehicles (automobiles and trucks) from assembly plants and ports to rail distribution centers; the Articulated Bulk Container railcar designed to carry dense bulk products, such as waste products in 20 foot containers; Intermodal Double Stack railcars, including a stand-alone, 40 foot well car and the DynaStack articulated, 5-unit, 40 foot and 3-unit, 53 foot well cars for transportation of containers; a Small Cube Covered Hopper railcar, which is used to transport products, such as roofing granules, fly ash, sand and cement; a Mill Gondola Railcar, which is used to transport steel products and scrap; Slab and Coil steel railcars, which is designed for transportation of steel slabs and coil steel products, respectively; Flat Railcars, Bulkhead Flat Railcars and Centerbeam Flat Railcars, which is designed to transport a range of products, including machinery and equipment, steel and structural steel components (including pipe), forest products and other bulky industrial products; a Woodchip Gondola Railcar, which is designed to haul woodchips and municipal waste, and a range of non-coal carrying open top hopper railcars designed to carry aggregates, iron ore, taconite pellets, petroleum coke and other bulk commodities.
The Company has established a licensing arrangement with a railcar manufacturer in Brazil pursuant to which its technology is used to produce various types of railcars in Brazil. In addition, it manufacture coal car! s for exp! ort to Latin America and have manufactured intermodal railcars for export to the Middle East. Railroads outside of North America have a range of track gauges that are sized differently than in North America, which requires it, in some cases, to alter manufacturing specifications for foreign sales. The Company has added 10 new or redesigned products to its portfolio in the last five years, including the AVC, slab and coil steel railcar, triple hopper and hybrid aluminum/stainless steel railcars, ore cars, ballast cars and aggregate cars. The Company�� manufacturing process involves four basic steps: fabrication, assembly, finishing and inspection. In its fabrication processes, it employ standard metal working tools, many of which are computer controlled. Each assembly line typically involves 15 to 20 manufacturing positions, depending on the complexity of the particular railcar design. It uses mechanical fastening in the fitting and assembly of its aluminum-bodied railcar parts, while it uses welding for the assembly of its steel-bodied railcars.
The Company competes with Trinity Industries, Inc., National Steel Car Limited, The Greenbrier Companies, Inc. and American Railcar Industries, Inc.
Advisors' Opinion:- [By Eric Volkman]
FreightCar America (NASDAQ: RAIL ) has found an internal candidate to be its new COO and president. The company named CFO Joseph McNeely to the position, effective immediately.
- [By SA Pro Top Ideas]
Stock Movers and Great Calls
On July 24, Mike Williams explained why FreightCar America's (RAIL) shares could double by 2015 as it returned to historic profitability. Shares are +16.3% to date after a strong earnings report this week. Read article » Vince Martin said on June 17 that Cray's (CRAY) sell-off after Q1 earnings was way overdone, offering investors a great deal. After a strong earnings report last week, shares now stand +45% from where they were before the article. Read article »
Alpha-Rich long and short ideas regularly move stocks and identify stocks that are about to move. Some notable recent calls subscribers had early access to:To Come Today
Don't forget to check your SA Pro dashboard later today for the latest Alpha-Rich ideas. Any thoughts to share on the latest Alpha-Rich ideas? Leave a comment here.
SA Pro Editors
…............
The SA Pro team is Eli Hoffmann (Editor in Chief), Rachael Granby (Editorial Product Manager), Daniel Shvartsman, Samir Patel, Michael McDonald, and Jeffrey Fischer (Senior Pro Editors). You can reach us at pro-editors@seekingalpha.com. - [By Eric Volkman]
FreightCar America (NASDAQ: RAIL ) has found an executive to lead its finance team. The company announced that it appointed Charles Avery as its CFO, vice president of finance, and treasurer, replacing Joseph McNeely. Avery will take up his position on Aug. 1.
No comments:
Post a Comment