Saturday, June 15, 2013

Top 10 Income Companies To Watch In Right Now

LONDON --�Real-estate investment trust�Shaftesbury (LSE: SHB  ) today reported mixed results for the six months ended 31 March 2013.

Shaftesbury -- which owns 13 acres in London's West End, comprising over 500 properties in and around Carnaby, Covent Garden, Chinatown, Soho, and Charlotte Street -- posted operating profits of 15.2 million pounds. These are down slightly (5%) from the prior year as Shaftesbury spends money to refurbish many of its London properties.

Profit and total comprehensive income for the period amounted to 80.8 million pounds compared with 37.8 million pounds reported for the prior year, though this huge leap (114%!) is due largely to a nice increase in the estimated value of Shaftesbury's properties in London, as the capital city continues to attract visitors, businesses, and residents.

Top 10 Income Companies To Watch In Right Now: Cascade Bancorp(CACB)

Cascade Bancorp operates as the holding company for Bank of the Cascades that offers a range of commercial and retail banking services. The company?s deposit products include checking, money market, time deposit, and savings accounts. Its loan portfolio comprises commercial real estate loans, real estate construction and development loans, commercial and industrial loans, and residential mortgage loans, as well as consumer installment, line-of-credit, credit card, and home equity loans. Cascade Bancorp also provides investment and trust related services, cash management services, Internet banking, automated teller machines, safe deposit facilities, electronic bill payment, and remote deposit services. The company operates 32 full service branches in central Oregon, southern Oregon, Portland/Salem, and Boise/Treasure Valley. It serves small to medium-sized businesses, municipalities and public organizations, and professional and consumer relationships. The company was foun ded in 1977 and is headquartered in Bend, Oregon.

Top 10 Income Companies To Watch In Right Now: Maxygen Inc.(MAXY)

Maxygen, Inc., a biopharmaceutical company, focuses on developing improved versions of protein drugs in North America and Europe. The company utilizes its MolecularBreeding directed evolution technology platform, along with ancillary technologies, and protein modification expertise to pursue the creation of biosuperior proteins. It engages in the discovery, research, and development of MAXY-G34 product candidates for the treatment of chemotherapy-induced neutropenia. The company was founded in 1996 and is headquartered in Redwood, California.

Top 5 Clean Energy Companies To Watch For 2014: First Republic Bank (FRC)

First Republic Bank is a full-service bank and wealth management firm. First Republic Bank and its subsidiaries provide private banking, private business banking and private wealth management, including investment, trust and brokerage services. The Company specializes in delivering service through offices in San Francisco, Palo Alto, Los Angeles, Santa Barbara, Newport Beach, San Diego, Portland, Boston, Greenwich and New York City. The Company's products and services include residential lending, commercial real estate lending, personal lending, private business banking, deposit services, trust services, brokerage services and investment management services. Investment advisory services are provided by First Republic Investment Management, Inc. Trust services are provided by First Republic Trust Company. Brokerage services are offered through First Republic Securities Company, LLC. In March 2012, the Company announced the opening of a new trust company.

The Company offers full-service banking on both coasts, including free online banking, free bill pay and free access to over 800, 000 automated teller machines (ATMs) worldwide. Its private business banking provides specialized services for accounting firms, architecture and design, art and antique dealers, business management firms, business partnership, entertainment/media, entrepreneurs, family offices, financial services, independent school, investment firms, law firms, medical firms, non-profit organizations, private equity funds, property management firms, real estate investors, venture capital funds, wineries, and yacht, golf, city and country clubs. The Company�� private wealth management offers customized investment management, trust, and brokerage services for individuals, trust endowments, and pension plans. Wealth management services include asset allocation, trust administration and custody, portfolio management, financial and estate planning, manager selection and comprehensive brokerage services.

Advisors' Opinion:
  • [By Philip van Doorn]

    First Republic Bank (FRC_) of San Francisco. Rochester upgraded First Republic to a "Buy" rating from a "Hold," and raised his price target for the former subsidiary of Bank of America by a dollar to $38, saying "we expect EPS growth double the rate of the industry for the next two years to support premium trading multiples and solid share upside." The analyst cited "above peer" growth prospects for the bank's business banking and wealth management services, as well as "a materially reduced private equity ownership overhang (from 39% in Mar. 2012 to 14% in Dec. 2012." Rochester added that First Republic could be tempted by the "potential for [an] increasing take-out premium over time," as its total assets approach $50 billion. First Republic's shares closed at $33.69 Thursday. Deutsche Bank estimates the bank will earn $2.96 a share in 2013, with EPS increasing to $2.97 in 2014 and $3.05 in 2015.

  • [By Dan Freed]

    Shares of First Republic currently trade at "a modest 4% premium to peers" and JPMorgan does expect the bank's stock to keep pace with a 2012 15% top line growth range.

    The report argues that FRC has a "strong a management team with a strong track record of creating shareholder value" and that its growth model is "highly differentiated" from other banks since a majority of growth comes from existing customers rather gathering new customers.

Top 10 Income Companies To Watch In Right Now: Office Depot Inc.(ODP)

Office Depot, Inc., together with its subsidiaries, supplies office products and services. Its North American Retail division sells an assortment of merchandise, such as general office supplies, computer supplies, business machines and related supplies, and office furniture under various labels, including Office Depot, Viking Office Products, Foray, Ativa, Break Escapes, Niceday, and Worklife through its chain of office supply stores. It also provides printing, reproduction, mailing, shipping, and other services, as well as personal computer support and network installation service. As of December 25, 2010, this division operated 1,147 office supply stores in the United States and Canada. The company?s North American Business Solutions division sells nationally branded and private brand office supplies, technology products, furniture, and services to small- to medium-sized customers through a dedicated sales force, catalogs, and Internet. Its International division sells o ffice products and services through direct mail catalogs, contract sales forces, Internet sites, and retail stores using a mix of company-owned operations, joint ventures, licensing and franchise agreements, alliances, and other arrangements. As of December 25, 2010, it sold its office products to customers in 53 countries in North America, Europe, Asia, and Latin America. This division operated, through wholly-owned or majority-owned entities, 97 retail stores in France, Hungary, South Korea, and Sweden; and participates under licensing and merchandise arrangements in South Korea, Thailand, India, Israel, Japan, and the Middle East. The company was founded in 1986 and is headquartered in Boca Raton, Florida.

Advisors' Opinion:
  • [By Robert Cotter]

    Office Depot, Inc. operates a chain of office product warehouse stores in North America, Europe, Asia and Central America. The Company sells branded merchandise and provides business services primarily to small and medium-sized businesses and the home office market.

    Office Depot (NYSE:ODP) has a potential upside of 85.3% based on a current price of $2.51 and analysts' consensus price target of $4.65. The stock should run into initial resistance at its 50-day moving average (MA) of $3.14 and subsequent resistance at its 200-day MA of $4.39.

  • [By Hilary Kramer]

    Another stock I like is Office Depot (NYSE:ODP), which is what I call a “Fallen Angel” stock in my book. The company is probably a familiar name to you, thanks to its sizable retail operations in the U.S.

Top 10 Income Companies To Watch In Right Now: Finlay Minerals Ltd (FYL.V)

Finlay Minerals Ltd. engages in the acquisition and exploration of base and precious metal deposits in northern British Columbia, Canada. The company focuses on the exploration for gold rich copper porphyry, epithermal gold, and mesothermal silver-copper targets, as well as explores for zinc, lead, and tungsten deposits. The company primarily holds interests in the Pil property covering an area of approximately 15,983 hectares located in the Toodoggone region of northern British Columbia; and the Atty property situated in the southern part of the Toodoggone mining district of northern British Columbia. Finlay Minerals Ltd. is based in Vancouver, Canada.

Top 10 Income Companies To Watch In Right Now: Steven Madden Ltd.(SHOO)

Steven Madden, Ltd., together with its subsidiaries, designs, sources, markets, and sells fashion-forward name brand and private label footwear for women, men, and children. It offers wholesale footwear under the Steve Madden Women?s, Madden Girl, Steve Madden Men?s, Steven, l.e.i., Elizabeth and James, Olsenboye, Stevies, Big Buddha Shoes, Madden, Betsey Johnson shoes, Report, and Superga to department stores, mid-tier department stores, better specialty stores, and independently owned boutiques in the United States. The company also provides wholesale handbags and accessories under the Daisy Fuentes, Olsenboye, Steve Madden, Steven by Steve Madden, Betsey Johnson, Betseyville, and Big Buddha brand names, as well as sells cold weather accessories, fashion scarves, wraps, and other trend accessories primarily under the Cejon and Steve Madden brand names to department stores and specialty stores. As of December 31, 2011, it operated 84 retail stores, including 73 Steve Ma dden full price stores, 6 Steve Madden outlet stores, 3 Steven stores, 1 Report store, and 1 e-commerce Website. In addition, the company licenses its Steve Madden and Steven by Steve Madden trademarks for use in connection with the manufacturing, marketing, and sale of cold weather accessories, sunglasses, eyewear, outerwear, bedding, hosiery and women?s fashion apparel, jewelry, and luggage, as well as licenses Betsey Johnson and Betseyville trademarks for sale of apparel, jewelry, swimwear, eyewear, watches, fragrances, and outerwear. Steven Madden, Ltd. distributes its products through its retail stores and e-commerce Website in department stores, specialty stores, luxury retailers, national chains, and mass merchants in the United States; and through special distribution arrangements in Asia, Canada, Europe, the Middle East, Mexico, Australia, Central and South America, and India. The company was founded in 1990 and is headquartered in Long Island City, New York.

Top 10 Income Companies To Watch In Right Now: Warren Resources Inc.(WRES)

Warren Resources, Inc., an independent energy company, engages in the exploration, development, and production of onshore crude oil and gas reserves in the United States. It primarily explores for oil reserves in the Wilmington field in California; and natural gas in the Washakie Basin in Wyoming. The company was founded in 1990 and is headquartered in New York, New York.

Top 10 Income Companies To Watch In Right Now: Coffee Holding Co. Inc.(JVA)

Coffee Holding Co., Inc. engages in manufacturing, roasting, packaging, marketing, and distributing roasted and blended coffees in the United States and Canada. The company offers three categories of products: wholesale green coffee, private label coffee, and branded coffee. The wholesale green coffee product category consists of unroasted raw beans imported from worldwide that are sold to roasters and coffee shop operators in approximately 90 varieties. The private label coffee product category includes coffee roasted, blended, packaged, and sold under the specifications and names of others. As of October 31, 2010, the company supplied private label coffee under approximately 34 different labels to wholesalers and retailers in cans, brick packages, and instants in various sizes. The branded coffee product category comprises coffee roasted and blended to the company's own specifications and offered under its seven brand names in various segments of the market. The company also offers other products, including trial-sized mini-brick coffee packages; specialty instant coffees; instant cappuccinos and hot chocolates; and tea line products. Its coffee brands include Cafe Caribe, S&W, Cafe Supremo, Don Manuel, Fifth Avenue, Via Roma, IL CLASSICO, and Entenmann. Coffee Holding Co., Inc. markets its private label and wholesale coffee through trade shows, industry publications, face-to-face contacts, internal sales force, and non-exclusive independent food and beverage sales brokers, as well as through its Web site, coffeeholding.com. The company was founded in 1971 and is headquartered in Staten Island, New York.

Top 10 Income Companies To Watch In Right Now: Arcan Resources Ltd (ARN.V)

Arcan Resources Ltd. engages in the exploration, development, and production of petroleum and natural gas in western Canada. It primarily holds interests in Swan Hills property located in north central Alberta; Hamburg property located in northwest Alberta; and McLeod property located in west central Alberta. The company was incorporated in 2003 and is headquartered in Calgary, Canada.

Top 10 Income Companies To Watch In Right Now: Travis Perkins(TPK.L)

Travis Perkins plc, together with its subsidiaries, operates as a builder?s merchant and home improvement retailer in the United Kingdom. The company engages in the distribution and sale of timber, building materials, and plumbing and heating products, as well as hiring of tools to industrial contractors, domestic plumbers, independent merchants, and industrial end users. Its products include aggregates, sand, and cement; bricks, blocks, lintels, and damp proofing products; drains and foundations; dry lining and plastering products; insulation, roofing, and sustainable products; and clothing and personal protective equipments. The company?s products also comprise painting and decorating materials, including lining papers, masking tapes, white spirits, ready mix fillers, paint roller kits, polyfilla, gripfill adhesives, and filler knives; and electrical products comprising accessories, cables and clips, metal boxes and pattresses, trunking and channeling, tapes and ties, extension leads, cable reels and drums, and exterior lighting products. In addition, it offers kitchens and bathrooms products; landscaping products, such as balustrades, decking, driveways, fencing and walling, garden storage and accessories, and paving products; plumbing and heating products that include boilers, cylinders, radiators, and sustainable products; timber, joinery, and sheet materials; and tools, fixings, and consumables. Further, Travis Perkins plc involves in property management business; and operates as ceramic tile merchants. It operates 201 stores in the United Kingdom. The company was founded in 1797 and is based in Northampton, the United Kingdom.

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