If there's one thing that spurs defense companies' profits, it's war. And by all accounts, the civil war in Syria is horrific. More than 100,000 people have been killed, 1.8 million have fled, and 4.25 million are displaced. Further, on Thursday, the leader of Syria's Western-backed opposition group told U.S. Secretary of State John Kerry that if the United States doesn't supply the rebels with promised weapons, President Bashar al-Assad's regime would win. �
Assad is known for his human-rights violations, corruption, and disdain for the U.S., but what pushed the Obama administration into promising weapons to Syrian rebels was "conclusive evidence" that Assad's regime used chemical weapons against opposition forces. However, the promise for weapons was made in June, and only recently was a "light armament" package approved. And now there is growing opposition to the United States' involvement in Syria. So, what does this mean for defense companies?
Benefiting from a state of chaos
War is an unfortunate fact of human existence. Some are just, others are not; but regardless, defense contractors benefit from this state of chaos. In fact, war is out-and-out lucrative to defense companies' bottom line.
Top Promising Stocks To Buy Right Now: Equity One Inc. (EQY)
Equity One, Inc., a real estate investment trust (REIT), engages in the ownership, management, acquisition, renovation, and development of neighborhood and community shopping centers in the United States. Its shopping centers are anchored by supermarkets, drug stores, or discount retail store chains. As of December 31, 2006, the company?s property portfolio consisted of 179 properties, including 166 shopping centers, 6 development parcels, and 7 non-retail properties. As a REIT, Equity One would not be subject to federal tax to the extent that it distributes at least 90% of its taxable income to its shareholders. The company was founded in 1992 and is based in North Miami Beach, Florida with an additional office in Israel.
Advisors' Opinion:- [By Dividend King]
Equity One Inc. (EQY): Equity One Inc. is trading just under its 52-week high of $20.27. The stock issues an annual dividend of $0.88, has a yield of 4.40% and a payout ratio of 142%.
Top Promising Stocks To Buy Right Now: TechnoConcepts Inc (TCPS)
TechnoConcepts, Inc. (TCI), incorporated in May 2003, is in the business of designing, developing, manufacturing and marketing wireless communications semiconductors. The Company has begun manufacturing wireless transmitter and receiver microchips, based on its technology, and produced its engineering run in August 2006. The technology, which TCI calls True Software Radio, is designed to improve the way that wireless signals are received and transmitted, by making possible device-to-device communication across otherwise incompatible networks and wireless standards. On October 17, 2005, the Company, through its wholly owned subsidiary, Asante Acquisition Corp. completed reorganization with RegalTech Inc. RegalTech's name was changed to Asante Networks Inc. (Asante).
In December 2005, the Company formed Jinshilin Techno Ltd. (Jinshilin Techno) as its wholly owned subsidiary based in Shanghai, China. The Company organized Jinshilin Techno to provide marketing, sales and technical support for True Software Radio technology in China. On April 21, 2006, Jinshilin Techno acquired Internet television (IPTV) set-top box (STB) technology through license agreements with Jinshilin Technologies Development Company Ltd. (Jinshilin). Jinshilin Techno offers an IPTV set-top box that features voice over Internet protocol (VOIP), capability and can receive Internet protocol (IP) data transmissions through the household electrical power grid.
Asante Networks Inc. provides Ethernet networking solutions for Apple Computer and the small-to-medium business retail markets, offering the IntraCore and FriendlyNET product families, integrating voice, data, and video over wireless and wired networks with unified management and authentication. In April 2006, Asante announced the release of 2-chip switch solution, the IntraCore 38480. The IntraCore 38480 provides no frame loss and full-wire speed with minimized latency. With 96-gigabit switching fabric, the IntraCore 38480 supports full-wire speed on all ! ports. It has advanced traffic control based on L2-L7 data of incoming frames.
The Company's True Software Radio technology makes possible for wireless transmitters and receivers, as well as the radio signal processing, to be fully controlled and reconfigured by software commands across a range of frequencies and frequency bands. Its True Software Radio technology is a delta-sigma microchip architecture that converts radio frequency signals directly into digital data for the wireless receiver and directly from digital data into radio signals for the wireless transmitter. True Software Radio microchips replace the analog front end, intermediate frequency (I/F) processing, analog-to-digital conversion (ADC), and digital filtering sections of conventional wireless transmitters and receivers.
Advisors' Opinion:- [By Peter Graham]
Small cap tech stocks TechnoConcepts, Inc (OTCMKTS: TCPS), Unisource Corporation (OTCMKTS: USRC) and Strategic Global Investments, Inc (OTCMKTS: STBV) have been getting some attention lately in various investment newsletters thanks to promotions. Of course, there is nothing wrong with properly disclosed promotions, but they can backfire on the unwary as its really up to investors or traders alike to do their own due diligence before investing or trading. With that in mind, here is a quick reality check about three small cap tech stocks getting a bit of attention lately:
TechnoConcepts, Inc (OTCMKTS: TCPS) Has the Yield Sign Replaced on Its OTC PageSmall cap TechnoConcepts is a wireless technology company currently holding patents and other intellectual property. On Friday, TechnoConcepts fell 0.45% to $15.58 for a market cap of $415.28 million plus TCPC is up 1.1% over the past year and up 6% since April 2012 according to Google Finance.
Hot Penny Stocks To Buy For 2015: American Residential Properties Inc (ARPI)
American Residential Properties, Inc., incorporated on March 30, 2012, is a fully integrated and internally managed real estate investment company, which is organized as a real estate investment trust. The Company acquires, renovates, leases and manages single-family properties in select communities nationally. The Company is operating in ten states. American Residential Properties OP, L.P. acts as its operating partnership. American Residential GP, LLC is the wholly owned subsidiary of the Company and the sole general partner of its operating partnership. American Residential Leasing Company, LLC is a wholly owned subsidiary of its operating partnership. American Residential Properties TRS, LLC (TRS), that is a wholly owned subsidiary of its operating partnership. As of March 31, 2013, it owned 2,531 properties in Arizona, California, Florida, Georgia, Illinois, Indiana, Nevada, North Carolina, South Carolina and Texas , and it managed an additional 608 properties for Phoenix Fund in Arizona and Nevada. For the period from April 1, 2013 to April 12, 2013, the Company acquired or have contracted to acquire 785 single-family homes, of which 43 homes are in Arizona, four homes are in California, 66 homes are in Florida, 25 homes are in Georgia, 35 homes are in Illinois, 114 homes are in Indiana, 214 homes are in North Carolina, nine homes are in South Carolina and 275 homes are in Texas.
In addition to the Company�� primary business strategy of acquiring, restoring, leasing and managing single-family homes, it has a private mortgage financing strategy. As of March 31, 2013, the Company�� total portfolio of single family homes included 1,045 homes in phoenix, 304 homes in Chicago, 209 homes in Inland Empire, 136 homes in Winston-Salem, 265 homes in Indianapolis, 78 homes in Dallas-Fort Worth, 169 homes in Atlanta, 82 homes in other-California, 63 homes in Las Vegas, 138 homes in Fort Myers, 24 homes in Houston, 6 homes in Raleigh-Cary, 11 homes in Charlotte and one home in Charleston. As! of March 31, 2013, the Company�� portfolio of self-managed single-family homes included 1,521 homes. As of March 31, 2013, the Company�� portfolio of preferred operator program single-family homes included 1,010 homes.
Advisors' Opinion:- [By Amanda Alix]
This spring, however, signs of a slowdown began to appear. The number of distressed properties began to diminish, prices began ticking upward, and interest rates started a slow rise. However, two snippets of good news may help float the boats of private equity firm Blackstone Group (NYSE: BX ) , and single-family REITs Silver Bay (NYSE: SBY ) and American Residential Properties (NYSE: ARPI ) : easier credit, and higher foreclosure rates.
- [By Mark Holder]
After an initial bump in Silver Bay, the stock has had a horrible 2013, now trading close to all-time lows. Recently, a couple of other IPOs in the sector have come to market with weak receptions. Both American Homes 4 Rent (NYSE: AMH ) and American Residential Properties (NYSE: ARPI ) offer different twists to the general thesis of investing in single-family rental properties to take advantage of the weakness in housing prices and the increased demand for rentals.
Top Promising Stocks To Buy Right Now: Unilever PLC(UL)
Unilever PLC operates as a fast-moving consumer goods company in Asia, Africa, Europe, and the Americas. It offers personal care products, including skin care and hair care products, deodorants, and oral care products under the brand names of Axe, Brylcreem, Dove, Fissan, Lifebuoy, Lux, Pond's, Radox, Rexona, Signal & Close Up, Simple, St Ives, Sunsilk, TRESemm� Vaseline, and VO5. The company also provides home care products comprising laundry tablets, powders and liquids, soap bars, and a range of cleaning products under the Cif, Comfort, Domestos, Omo, Radiant, Sunlight, and Surf brand names. In addition, it offers food products consisting of soups, bouillons, sauces, snacks, mayonnaise, salad dressings, margarines and spreads, as well as cooking products, such as liquid margarines. The company markets its food products under the brand names of Becel/Flora, Bertolli, Blue Band, Rama, Hellmann?s, Amora, and Knorr. Further, it provides refreshment products, which includ e ice cream, tea-based beverages, weight-management products, and nutritionally enhanced staples under the brand names of Heartbrand, Lipton, and Slim Fast. Unilever sells its products through its own sales force, as well as through independent brokers, agents, and distributors to chain, wholesale, co-operative and independent grocery accounts, food service distributors, and institutions. The company, formerly known as Lever Brothers Limited, was founded in 1885 and is based in London, the United Kingdom. Unilever PLC is a subsidiary of The Unilever Group.
Advisors' Opinion:- [By Tamara Rutter]
Great ads breed winning brands
Topping the chart this week is a video called "Real Beauty Sketches," for Unilever's (NYSE: UL ) Dove brand. With the help of a forensic artist, the video sets out to prove that women are more beautiful than they think. Equal parts inspiration and enlightenment, the video is part of a "Real Beauty" campaign that Unilever launched in 2004. The video, which launched earlier this month, went viral with tens of millions of online views, more than 8,000 comments on YouTube, and more than 660,000 Facebook shares, according to Visible Measures. - [By Royston Wild]
Today, I am looking at Unilever (LSE: ULVR ) (NYSE: UL ) to see how it measures up.
What are Unilever's earnings expected to do?
Top Promising Stocks To Buy Right Now: Fresnillo PLC (FRES)
Fresnillo plc is a silver and gold mining company. The Company, along with its subsidiaries, is engaged in the mining and beneficiation of non-ferrous minerals, and the sale of related production. The primary contents of this production include silver, gold, lead and zinc. The Company has six operating mines: the Fresnillo mine, located in the State of Zacatecas, which is primary silver mine; the Saucito mine, located in the State of Zacatecas, an underground silver mine; the Cienega mine, located in the State of Durango, an underground gold mine, including the San Ramon satellite mine; the Herradura mine, located in the State of Sonora, an open pit gold mine; the Soledad-Dipolos mine, located in the State of Sonora, an open pit gold mine, and the Noche Buena mine, located in State of Sonora, an open pit gold mine. Advisors' Opinion:- [By Alexis Xydias]
The FTSE All-Share Mining Index rose 3 percent. Randgold, a producer of the metal in Africa, advanced 6.8 percent to 4,722 pence. Fresnillo Plc (FRES), which operates silver and gold mines in Mexico, rallied 8.2 percent to 1,035 pence.
Top Promising Stocks To Buy Right Now: Eldorado Gold Corp(EGO)
Eldorado Gold Corporation, together with its subsidiaries, engages in the discovery, exploration, development, production, and reclamation of gold properties in Brazil, the People?s Republic of China, Greece, and Turkey. It operates the Kisladag gold mine in Turkey; the Jinfeng, Tanjianshan, and White Mountain gold mines in the People?s Republic of China; and the Vila Nova iron ore mine in Brazil. The company?s development projects include the Efemcukuru gold mine in Turkey, the Eastern Dragon gold mine in the People?s Republic of China, the Perama Hill gold project in Greece, and the Tocantinzinho gold project in Brazil. As of December 31, 2010, Eldorado Gold Corporation had 18.7 million ounces of proven and probable gold reserves. The company was formerly known as Eldorado Corporation Ltd. and changed its name to Eldorado Gold Corporation in April 1996. Eldorado Gold Corporation was founded in 1992 and is headquartered in Vancouver, Canada.
Advisors' Opinion:- [By Patricio Kehoe]
After reaching a three-month high, gold prices fell once again following the announcement of a possible strike on Syria. Considering investors are already skeptical when it comes to gold mining firms, due to their cyclical nature, Yamana Gold Inc. (AUY) and Eldorado Gold Corp (EGO) have a lot to prove.
Top Promising Stocks To Buy Right Now: Pernix Therapeutics Holdings Inc (PTX)
Pernix Therapeutics Holdings, Inc. (Pernix), incorporated in November 8, 1996, is a specialty pharmaceutical company focused on the sales, marketing and development of branded and generic pharmaceutical products for pediatric and adult indications in a range of therapeutic areas. It manages a portfolio of branded and generic products and theobromine, a non-codeine, cough suppressant product candidate in development. The Company�� branded products for the pediatrics market include CEDAX, an antibiotic for middle ear infections, NATROBA, a topical treatment for head lice marketed under an exclusive co-promotion agreement with ParaPRO, LLC and a family of prescription treatments for cough and cold (BROVEX, ALDEX and PEDIATEX). It also markets REZYST IM, which is a probiotic blend to promote dietary management. Pernix markets generic products through its wholly owned subsidiary, Macoven Pharmaceuticals, LLC. In January 2013, the Company acquired Cypress Pharmaceuticals, Inc. and Hawthorn Pharmaceuticals, Inc. In March 2013, the Company acquired Somaxon Pharmaceuticals Inc. In September 2013, Pernix Therapeutics Holdings, Inc. completed the sale of certain non-core assets to Breckenridge Pharmaceutical, Inc.
The Company�� customers consist of drug wholesalers, retail drug stores, mass merchandisers and grocery store pharmacies in the United States. It primarily sells products directly to drug wholesalers, which in turn distribute the products to retail drug stores, mass merchandisers and grocery store pharmacies.
ALDEX Line
ALDEX is a line of antihistamines, decongestants and cough suppressants that are indicated for the temporary relief of respiratory allergies, allergic rhinitis and symptoms of the common cold. The Company�� ALDEX product line is marketed in a range of formulations and combinations using different drug-delivery methodologies to target specific segments of the antihistamine, decongestant and cough suppressant markets. Two used decongestants ar! e phenylephrine and pseudoephedrine.
BROVEX Line
The BROVEX line is a line of antihistamine combinations with the active pharmaceutical ingredient (API) brompheniramine maleate, part of the first generation class of antihistamines called alkylamines that are indicated for the temporary relief of sneezing, itchy, watery eyes, itchy nose or throat, and runny nose due to hay fever or other respiratory allergies. Its BROVEX product line is marketed in a range of formulations and combinations to target specific segments of the antihistamine market. The Company completed the conversion of the BROVEX product family to over-the-counter (OTC) monograph from DESI drugs, in April 2011.
CEDAX Line
CEDAX is a third generation oral cephalosporin indicated for the treatment of mild to moderate acute bacterial exacerbations of chronic bronchitis, middle ear infection due to haemophilus influenza or streptococcus pyogenes. The Company sells a range of dosages utilizing both capsule and oral suspension drug delivery methodologies. It also owns a trademark on the name CEDAX in the United States.
NATROBA Line
NATROBA Topical Suspension is a prescription medicine used to treat head lice (pediculosis capitis) in adults and children four years of age and older. NATROBA contains the active ingredient spinosad, which is derived from a naturally occurring soil bacterium.
PEDIATEX Line
As of December 31, 2011, the only product that the Company marketed and sold in its PEDIATEX line is PEDIATEX TD. PEDIATEX TD is an antihistamine/nasal decongestant combination liquid for oral administration. Each 1 milliliter dose contains the API Tripolidine HC1 and Pseudoephedrine HC1. Tripolidine HC1 is a first generation antihistamine in the alkylamine class. Pseudoephedrine, a decongestant, is a sympathomimetic, which acts on alpha-adrenergic receptors in the mucosa of the respiratory tract, producing vasoconstriction and having minimal eff! ect on be! ta-receptors. It therefore functions as an oral nasal decongestant with minimal central nervous system stimulation.
REZYST Line
REZYST IM is a probiotic blend that promotes the dietary management of patients with the distinctive nutritional requirements associated with the gastro-intestinal flora. It is formulated to improve the digestive health of patients by replacing the active cultures altered by diet, stress, and antibiotics.
Product Candidates in Development
Product candidates in development include Theobromine. Theobromine is an alkaloid naturally present in dark chocolate which is an existing human metabolite of caffeine. The Company is working on several other product candidates, which includes a prescription product for the pediatrics market. In March 2012, the Company entered into a product development agreement with a private company for this product.
Advisors' Opinion:- [By Jake L'Ecuyer]
Leading and Lagging Sectors
Wednesday morning, the healthcare sector proved to be a source of strength for the market. Leading the sector was strength from Horizon Pharma (NASDAQ: HZNP) and Pernix Therapeutics Holdings (NASDAQ: PTX). In trading on Wednesday, telecommunications services shares were relative laggards, down on the day by about 0.39 percent. Top decliners in the sector included Shenandoah Telecommunications Co (NASDAQ: SHEN), off 3.3 percent, and CalAmp (NASDAQ: CAMP), down around 2.4 percent. - [By Michael Douglass and David Williamson]
Shares of�Pernix Therapeutics� (NASDAQ: PTX ) soared 31% yesterday after the company revealed that it had bought the U.S. rights to�GlaxoSmithKline's (NYSE: GSK ) Treximet (which helps treat migraines in adults) for $250 million upfront (and some potential additional payments later). The importance of this purchase cannot easily be overstate for Pernix -- the company had $85 million in revenue last year, while Treximet on its own brought in $79 million -- and Pernix clearly sees some additional upside potential for the drug, whether it's through a potential indication expansion (to pediatric patients) or through synergies with Pernix's current salesforce.
- [By Jake L'Ecuyer]
Leading and Lagging Sectors
Healthcare stocks gained Wednesday, with Senomyx (NASDAQ: SNMX) leading advancers after the company announced a research agreement with PepsiCo (NYSE: PEP). Among the leading sector stocks, gains came from Pernix Therapeutics Holdings (NASDAQ: PTX), Albany Molecular Research (NASDAQ: AMRI) and Gentiva Health Services (NASDAQ: GTIV).
Top Promising Stocks To Buy Right Now: Dialog Semiconductor PLC (DLG)
Dialog Semiconductor Plc creates integrated, mixed signal integrated circuits (ICs), optimized for personal portable, short-range wireless, lighting, display and automotive applications. The Company operates in three business segments: Mobile Systems, Automotive and Industrial, and Connectivity. The Mobile Systems segment includes its power management and audio chips especially designed to meet the needs of the wireless systems markets and a range of advanced driver technologies for low power display applications - from Passive Matrix Organic Light Emitting Diodes (PMOLEDs), to electronic paper and Micro Electro-Mechanical Systems (MEMS) displays. The Automotive and Industrial segment consists of products, which address the safety, management and control of electronic systems in cars and for industrial applications. The Connectivity segment includes activities, such as short-range wireless, digital cordless and voice over Internet protocol (VoIP) technology. Advisors' Opinion:- [By Jonathan Morgan]
Dialog Semiconductor Plc (DLG) surged 6.5 percent to 12.55 euros, its highest price in two months, after Apple Inc. (AAPL), the company�� biggest customer, reported fiscal third-quarter revenue and iPhone sales that beat analysts��estimates.
- [By Corinne Gretler]
Colruyt SA jumped the most in almost a year after reporting earnings that beat estimates. Direct Line Insurance Group Plc (DLG), the U.K.�� biggest home and motor insurer, rallied 3.8 percent after saying it will cut jobs. GSW Immobilien AG, Berlin�� largest residential landlord by market value, advanced 3.8 percent after saying both its chairman and chief executive officer will leave. Mining companies declined as metals fell.
- [By Jonathan Morgan]
Direct Line (DLG) dropped 2.5 percent to 212.6 pence. RBS sold 300 million shares at 210 pence apiece in its third sale of a stake in the insurance company, according to a statement. The bank, which is majority owned by the U.K. government, reduced its holding in Direct Line by 20 percent to 28.5 percent. RBS slipped 1.3 percent to 364.1 pence.
Top Promising Stocks To Buy Right Now: Bank of Ozarks Inc (OZRK)
Bank of the Ozarks, Inc. is a bank holding company. The Company owns an Arkansas state chartered subsidiary bank, Bank of the Ozarks (the Bank). At December 31, 2011, the Company, through the Bank, conducted banking operations through 111 offices, including 66 offices in Arkansas, 27 in Georgia, 10 in Texas, four in Florida, two in North Carolina, and one each in South Carolina and Alabama. Subsequent to December 31, 2011, the Company opened its 11th and 12th Texas offices in Austin and The Colony. The Company also owns Ozark Capital Statutory Trust II, Ozark Capital Statutory Trust III, Ozark Capital Statutory Trust IV and Ozark Capital Statutory Trust V, all 100%-owned finance subsidiary business trusts formed in connection with the issuance of certain subordinated debentures and related trust preferred securities, and, indirectly through the Bank, a subsidiary engaged in the development of real estate, a subsidiary that owns a private aircraft and various other entities that hold foreclosed assets or tax credits or engage in other activities. Effective July 31, 2013, Bank of the Ozarks Inc acquired the entire interest of The First National Bank of Shelby.
The Company provides a range of retail and commercial banking services. Deposit services include checking, savings, money market, time deposit and individual retirement accounts. Loan services include various types of real estate, consumer, commercial, industrial and agricultural loans and various leasing services. The Company also provides mortgage lending; treasury management services for businesses, individuals and non-profit and governmental entities, including wholesale lock box services; remote deposit capture services; trust and wealth management services for businesses, individuals and non-profit and governmental entities, including financial planning, money management, custodial services and corporate trust services; real estate appraisals; credit-related life and disability insurance; automated teller machines (ATMs); telep! hone banking; online and mobile banking services, including electronic bill pay; debit cards, gift cards and safe deposit boxes, among other products and services. Through third party providers, the Company offers credit cards for consumers and businesses, processing of merchant debit and credit card transactions, and full service investment brokerage services.
On January 14, 2011, the Company, through the Bank, entered into a purchase and assumption agreement, pursuant to which the Bank acquired the former Oglethorpe Bank (Oglethorpe) with two offices in Georgia, including Brunswick and St. Simons Island. On April 29, 2011, the Company, through the Bank, entered into a purchase and assumption agreement, pursuant to which the Bank acquired the former First Choice Community Bank (First Choice) with seven offices in Georgia, including Dallas, Newnan (2), Senoia, Sharpsburg, Douglasville and Carrollton. On July 1, 2011, the Company closed one of the offices in Newnan, Georgia, and on October 26, 2011 the Company closed the office in Carrollton, Georgia.
Lending and Leasing Activities
The Company�� primary source of income is interest earned from its loan and lease portfolio and its investment securities portfolio. The Company�� portfolio of real estate loans includes loans secured by residential one- to four-family, non-farm/non-residential, agricultural, construction/land development, multifamily residential (five or more family) properties and other land loans. Non-farm/non-residential loans include those secured by real estate mortgages on owner-occupied commercial buildings of various types, leased commercial, retail and office buildings, hospitals, nursing and other medical facilities, hotels and motels, and other business and industrial properties. Agricultural real estate loans include loans secured by farmland and related improvements, including some loans guaranteed by the Farm Service Agency. Real estate construction/land development loans include loa! ns secure! d by vacant land, loans to finance land development or construction of industrial, commercial, residential or farm buildings or additions or alterations to existing structures. Included in the Company�� residential one- to four-family loans are home equity lines of credit.
The Company offers a variety of real estate loan products that are generally amortized over five to thirty years. The Company�� portfolio of consumer loans generally includes loans to individuals for household, family and other personal expenditures. The Company�� commercial and industrial loan portfolio consists of loans for commercial, industrial and professional purposes, including loans to fund working capital requirements (such as inventory, floor plan and receivables financing), purchases of machinery and equipment and other purposes. The Company offers a variety of commercial and industrial loan arrangements, including term loans, balloon loans and lines of credit with the purpose and collateral supporting a particular loan determining its structure. These loans are offered to businesses and professionals for short and medium terms on both a collateralized and uncollateralized basis. The Company obtains as collateral a lien on furniture, fixtures, equipment, inventory, receivables or other assets. The Company�� leases are primarily equipment leases for commercial, industrial and professional purposes, have terms generally ranging up to 48 months and are collateralized by a lien on the lessee�� interest in the leased property.
The Company�� portfolio of agricultural (non-real estate) loans includes loans for financing agricultural production, including loans to businesses or individuals engaged in the production of timber, poultry, livestock or crops. The Company�� agricultural (non-real estate) loans are generally secured by farm machinery, livestock, crops, vehicles or other agricultural-related collateral. A portion of the Company�� portfolio of agricultural (non-real estate) loans ! consists ! of loans to individuals which would normally be characterized as consumer loans but for the fact that the individual borrowers are primarily engaged in the production of timber, poultry, livestock or crops.
Deposits
The Company offers an array of deposit products consisting of non-interest bearing checking accounts, interest bearing transaction accounts, business sweep accounts, savings accounts, money market accounts, time deposits and individual retirement accounts. The Company acts as depository for a number of state and local Governments and Government agencies or instrumentalities. The Company�� deposits come primarily from within the Company�� trade area. As of December 31, 2011, the Company had $41 million in brokered deposits.
Other Banking Services
The Company offers an array of residential mortgage products, including long-term fixed and variable rate loans to be sold on a servicing-released basis in the secondary market. The Company originates residential mortgage loans to be resold on the secondary market primarily through its banking offices located in Arkansas��markets, many of its Texas banking offices and in certain of its acquired offices in the Southeastern United States. The Company offers a range of trust and wealth management services from its headquarters in Little Rock, Arkansas, with additional staff in Rogers, Arkansas. These trust and wealth management services include personal trusts, custodial accounts, investment management accounts, retirement accounts, corporate trust services, including trustee, paying agent and registered transfer agent services, and other incidental services. As of December 31, 2011, total trust assets were approximately $1.02 billion.
The Company offers treasury management products which are designed to provide specialized support to the treasury operations of business and public funds customers. The Company�� treasury management services include automated clearing house serv! ices (dir! ect deposit, direct payment and electronic cash concentration and disbursement), wire transfer, zero balance accounts, current and prior day transaction reporting, lock box services, remote deposit capture services, automated credit line transfer, investment sweep accounts, reconciliation services, positive pay services, credit line analysis and account analysis. It offers an online banking service for both business customers and consumers. Through this service customers can access their account information, pay bills, transfer funds, view images of cancelled checks, reorder checks, buy the United States Savings Bonds, change addresses, issue stop payment requests, receive detailed statements and handle other banking business electronically. The Company also provides businesses and consumers the option to electronically receive monthly bank statements and provides a 13-month archive of monthly statements and cancelled check images.
Advisors' Opinion:- [By Marc Bastow]
Arkansas-based Bank of the Ozarks (OZRK) announced a 10.5% dividend increase to 21 cents per share, payable Oct. 18 to shareholders of record as of Oct. 11. This is the 13th consecutive quarter in which OZRK has raised its dividend.
OZRK Dividend Yield: 1.77% - [By Monica Gerson]
Bank of the Ozarks (NASDAQ: OZRK) is expected to post its Q3 earnings at $0.60 per share on revenue of $69.57 million.
Emmis Communications (NASDAQ: EMMS) is expected to report its Q2 earnings.
- [By Marc Bastow]
Yet another bank, Bank of the Ozarks (OZRK) raised its dividend 4.5% to 23 cents per share, payable April 18 to shareholders of record as of April 11.
OZRK Dividend Yield: 1.37%
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