June 10, 2010 52-Week Wrap-Up: Alliant Techsystems Inc., Allied Defense Group, Bank of Kentucky Financial, Brink's Company, Duff & Phelps, First American Financial, FBR Capital Markets

June 10, 2010 52-Week Wrap-Up

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Jun 11, 2010
Today, 62 companies’ shares set a new 52-week low. Of these companies, these are the ones that look interesting based upon my initial research:


Alliant Techsystems Inc. (ATK, Financial)


Alliant Techsystems is a supplier of aerospace and defense products to the United States government, allied nations, and prime contractors. It is also a supplier of ammunition and related accessories to law enforcement agencies and commercial customers. As of March 31, 2009, the Company had three segments: Armament Systems, Mission Systems and Space Systems. Armament Systems develops and produces military ammunition and gun systems, commercial products, tactical accessories and equipment, and propellant and energetics.


Allied Defense Group (ADG, Financial)


The Allied Defense Group is an international defense and security company that manufactures military equipment and provides related services. The company is split into four operating units. Ordnance and Manufacturing, headed by Mecar, produces ammunition and other weapons; Electronic Security designs security systems for governments and business; Environmental Safety and Security provides data for weather systems; and the Software, Training, and Simulation segment designs simulations for government training exercises.


Bank of Kentucky Financial (BKYF, Financial)


Bank of Kentucky Financial is the holding company for The Bank of Kentucky, a community bank providing consumer and commercial services throughout Northern Kentucky. The bank offers traditional savings services and offers real estate, commercial, consumer, and construction loans.


Brink’s Company (BCO, Financial)


The Brink’s Company is a provider of secure transportation, cash logistics and other security-related services to banks and financial institutions, retailers, government agencies, mints, jewelers and other commercial operations worldwide. The Company’s international network serves customers in more than 50 countries and employs approximately 59,400 people. Its operations include approximately 875 facilities and 10,500 vehicles. 71% of its revenues are from outside North America.


Duff & Phelps (DUF, Financial)


Duff & Phelps is a provider of independent financial advisory and investment banking services. The Company provides independent advice on issues involving highly technical and complex assessments in the areas of valuation, transactions, financial restructuring, disputes and taxation. Its clients include publicly-traded and privately-held companies, government entities, and investment firms, such as private equity firms and hedge funds.


First American Financial (FAF)


First American is the United States' second-largest title insurer and also offers similar products internationally. The firm also has a small presence in specialty insurance, primarily homeowners and home warranty insurance.


FBR Capital Markets (FBCM, Financial)


FBR Capital Markets is an indirect taxable REIT, a subsidiary of Friedman, Billings, Ramsey & Co, the full-service investment banking, trading, research and asset management firm. By separating the capital markets and asset management businesses, FBR Group created FBR Capital Markets to allow investors to invest in the capital markets business at FBR.


Goldman Sachs (GS, Financial)


Goldman Sachs is a global investment bank. The Company provides a range of financial services to customers, including corporations, financial institutions, governments and high-net-worth individuals. Its depository institution subsidiary, Goldman Sachs Bank USA is a New York State-chartered bank. It operates in three segments: Investment Banking, Trading and Principal Investments and Asset Management and Securities Services. In March 2010, the Company's subsidiaries sold the La Francia mine and related infrastructure assets, including Concession 5160, and Adromi Capital Corp., the holder of the La Francia II concession, to a subsidiary of The Goldman Sachs Group, Inc. In May 2010, Nexen Inc. sold its natural gas trading operations to a unit of The Goldman Sachs Group, Inc.


National Bank of Greece (NBG, Financial)


National Bank of Greece is the oldest and largest Greek bank with $150 billion in assets and over 30% market share in deposits. Through its 600 branches in Greece and 1,200 abroad, it offers multiple banking products. About 60% of its profits come from its operations in Greece, complemented by 30% from Turkey and 10% from southeast Europe. Respectively, 70%, 15%, and 15% of the company's loans (split evenly between individuals and businesses) are domiciled in these regions.


Penson Worldwide (PNSN, Financial)


Penson Worldwide provides securities-processing infrastructure products and services to the global securities and investment industry. Its products and services include securities and futures clearing, margin lending, facilities management, technology, and other related offerings to broker-dealers, hedge funds, banks, and financial technology firms.


Sharps Compliance (SMED, Financial)


Sharps Compliance is a provider of solutions for the proper disposal of medical waste by industry and consumers.


TGE Industries (TGE, Financial)


TGC Industries, Inc. engages in the geophysical service business of primarily conducting 3-D surveys for clients in the oil and gas business.


Disclosure: The author holds shares in BCO.