Hot Stocks To Own Right Now

Just a few days ago, prosecutors in New York issued indictments in what is being described as the biggest computer hacking scheme in U.S. history.

Paul Fishman, the U.S. attorney for New Jersey, was quoted by Bloomberg describing a "worldwide scheme that targeted major corporate networks, stole more than 160 million credit card numbers and resulted in hundreds of millions of dollars in losses." 

Some of the companies affected include 7-Eleven, French retailer Carrefour SA (CA.PA), and Nasdaq OMX Group (Nasdaq: NDAQ). Eight hundred thousand bank accounts at Citigroup (NYSE: C) and PNC Financial Services Group (NYSE: PNC) were targeted in the attack.

 

The thieves used stolen account information to withdraw money from ATMs and make credit card purchases. Three of the affected corporations sustained losses of more than $300 million, and the indictment called the losses to individual consumers "immeasurable."

Hot Stocks To Own Right Now: Amylin Pharmaceuticals Inc.(AMLN)

Amylin Pharmaceuticals, Inc., a biopharmaceutical company, engages in the discovery, development, and commercialization of drug candidates for the treatment of diabetes, obesity, and other diseases. The company offers BYDUREON (exenatide extended-release for injectable suspension), a once-weekly diabetes treatment as an adjunct to diet and exercise to improve glycemic control in adult patients with type 2 diabetes. Its products include BYETTA (exenatide) injection for the treatment of type 2 diabetes; and SYMLIN (pramlintide acetate) injection for the treatment of type 1 and type 2 diabetes. The company develops a dual chamber cartridge pen configuration of BYDUREON that allow patients to mix and administer BYDUREON from a pre-filled pen device. The company markets its products to healthcare providers, managed healthcare organizations, hospitals, wholesalers and pharmacies, government purchasers, and other third-party payers primarily in the United States. It has collabora tion agreements with Alkermes Controlled Therapeutics, Inc. II for the development, manufacture, and commercialization of BYDUREON, as well as Takeda Pharmaceutical Company Limited to co-develop and commercialize pharmaceutical products for the treatment of weight management and/or obesity, glycemic control, and cardiovascular disease; and a strategic relationship with Biocon, Limited, to develop pharmaceutical products for diabetes. The company was founded in 1987 and is headquartered in San Diego, California.

Hot Stocks To Own Right Now: AER LINGUS GROUP PLC ORD EUR0.05(AERL.L)

Aer Lingus Group plc, an Irish airline, provides air travel services. It offers passenger and cargo transportation services; and runs a single economy class service on its short-haul route network operating approximately 80 routes to and from the United Kingdom and Continental Europe, as well as a two class service on its long haul network to 6 destinations in the United States. The company also involves in the provision of ancillary services, such as in-flight sale of merchandise, beverages, and hot and cold meals; car rentals; hotel accommodation and travel insurance; access to airport lounges; online currency conversion; and advertising in its in-flight magazine Cara. In addition, it provides mail transportation services between Ireland and the United Kingdom; cargo handling services; and aircraft financing services. The company operates a short haul fleet to 36 aircraft; and a long haul fleet of 8 A330 aircraft. Aer Lingus Group plc was founded in 1936 and is headquart ered in Dublin, Ireland.

Top Performing Companies To Watch In Right Now: AMCIL Ltd(AMH.AX)

Amcil Limited is a publicly owned investment manager. The firm primarily manages separate client focused equity portfolios for its clients. It invests in the public equity markets of Australia. The firm invests in growth and value stocks of large cap and small cap companies to create its portfolios. It invests in companies from media, technology, communications, and entertainment sectors. Amcil Limited was founded in 1996 and is based in Melbourne, Australia.

Hot Stocks To Own Right Now: First South Bancorp Inc(FSBK)

First South Bancorp, Inc. operates as the bank holding company for First South Bank that provides commercial banking services in North Carolina. Its deposit products include checking accounts, money market accounts, statement savings accounts, individual retirement accounts, and certificates of deposit. The company?s loan products portfolio comprises residential mortgage loans, including single-family residential, multi-family residential, and construction loans; commercial loans and leases for commercial real estate, commercial construction, and commercial business; consumer loans comprising automobile loans, savings account loans, certificate of deposit loans, home equity loans, and miscellaneous other consumer loans; and loans secured by first mortgages on owner-occupied single-family residences. In addition, First South Bancorp provides securities brokerage services. The company was founded in 1959 and is headquartered in Washington, North Carolina.

Hot Stocks To Own Right Now: New York Community Bancorp Inc (NYCB)

New York Community Bancorp, Inc. is a bank holding company and a producer of multi-family mortgage loans in New York City, with an emphasis on apartment buildings that feature below-market rents. It has two bank subsidiaries: New York Community Bank (the Community Bank),New York Commercial Bank (the Commercial Bank. The Community Bank has 241 branches and operates through seven divisional banks. The Commercial Bank has 34 branches in Manhattan and operates 17 of its branches under the divisional name Atlantic Bank.

During the year ended December 31, 2011, all of the one-to-four family loans the Company originated was sold to government-sponsored enterprises (GSEs). In New York, the Company serves its Community Bank customers through Roslyn Savings Bank, with 55 branches on Long Island; Queens County Savings Bank, with 34 branches in the New York City borough of Queens; Richmond County Savings Bank, with 22 branches in the borough of Staten Island, and Roosevelt Savings Bank, with eight branches in the borough of Brooklyn. As of December 31, 2011, in the Bronx and neighboring Westchester County, the Company had four branches that operated directly under the name New York Community Bank.

In New Jersey, the Company serves its Community Bank customers through 51 branches that operate under the name Garden State Community Bank. In Florida and Arizona, where it has 25 and 14 branches, respectively, the Company serves its customers through the AmTrust Bank (AmTrust) division of the Community Bank. In Ohio, the Company serves its Community Bank customers through 28 branches of Ohio Savings Bank. Customers of the Community Bank and the Commercial Bank have access to their accounts through 261 of its 285 automatic teller machines (ATMs) locations in five states. The Company also serves its customers through three Websites, which include www.myNYCB.com, www.NewYorkCommercialBank.com and www.NYCBfamily.com.

Lending Activities

The Company�� principal asset is l! oans. Its loan portfolio consists of three components: covered loans, non-covered loans held for sale and non-covered loans held for investment. As of December 31, 2011, the balance of covered loans was $3.8 billion, of which $3.4 billion were one-to-four family loans. Non-covered loans held for sale consists of the one-to-four family loans that are originated for sale, primarily to GSEs. At December 31, 2011, the held-for-sale loan portfolio totaled $1.0 billion

As of December 31, 2011, loans held for investment consisted of loans that it originates for its own portfolio, and totaled $ 25.5 billion.

In addition to multi-family loans, loans held for investment include commercial real estate loans (CRE); acquisition, development and construction (ADC) loans; commercial and industrial loans (C&I), and one-to-four family loans. As of December 31, 2011, its multi-family loans represented $17.4 billion, or 68.3%, of total loans held for investment, and represented $5.8 billion, or 64.1%, of the total loans that it originated for investment. The multi-family loans it originates are typically secured by non-luxury apartment buildings in New York City. It also makes multi-family loans to property owners who are seeking to expand their real estate holdings by purchasing additional properties.

As of December 31, 2011, CRE loans represented $6.9 billion, or 26.9%, of total held for investment; ADC loans represented $445.7 million, or 1.7%, of total loans held for investment. Its ADC loan portfolio consists of loans that were originated for land acquisition, development, and construction of multi-family and residential tract projects in New York City and Long Island.

C&I loans represented $600.0 million, or 2.4%, of total held for investment. It also offers a range of loans to small and mid-size businesses for working capital (including inventory and receivables), business expansion, and the purchase of equipment and machinery. Non-covered one-to-four family loans totaled $127! .4 millio! n at December 31, 2011.

Investment Activities

The Company�� securities portfolio primarily consists of mortgage-related securities, and debt and equity (other) securities. Its investments include GSE certificates, GSE collateralized mortgage obligations (CMOs) and GSE debentures. The Community Bank and the Commercial Bank are members of the Federal Home Loan Bank of New York (FHLB-NY), one of 12 regional Federal Home Loan Banks (FHLBs) consisting of the FHLB system. As of December 31, 2011, the Company�� securities represented $4.5 billion, or 10.8%, of total assets. As of December 31, 2011, 93.7% of its securities portfolio consisted of GSE obligations; held-to-maturity securities represented $3.8 billion, or 84.0%, of total securities, and its investment in bank-owned life insurance (BOLI) was $769.0 million.

Source of Funds

The Company has four primary funding sources. These include the deposits that it added through its acquisitions or gathered through its branch network, and brokered deposits; wholesale borrowings, primarily in the form of FHLB advances and repurchase agreements with the FHLB and various brokerage firms; cash flows produced by the repayment and sale of loans, and cash flows produced by securities repayments and sales. As of December 31, 2011, deposits totaled $ 22.3 billion, which included certificates of deposit (CDs) of $7.4 billion; negotiable order withdrawal (NOW) and money market accounts of $8.8 billion; savings accounts of $ 4.0 billion, and non-interest-bearing accounts of $2.2 billion. As of December 31, 2011, the Company�� borrowed funds totaled $14.0 billion, loan repayments and sales generated cash flows of $15.0 billion, and securities sales and repayments generated cash flows of $4.2 billion.

Subsidiary Activities

As of December 31, 2011, Community Bank had 34 subsidiary corporations. Of these, 22 are direct subsidiaries of the Community Bank and 12 are subsidiaries of Community Bank! -owned en! tities. The 22 direct subsidiaries of the Community Bank include DHB Real Estate, LLC, Mt. Sinai Ventures, LLC, NYCB Community Development Corp., NYCB Mortgage Company, LLC, Eagle Rock Investment Corp., Pacific Urban Renewal, Inc., Somerset Manor Holding Corp., Synergy Capital Investments, Inc., 1400 Corp., BSR 1400 Corp., Bellingham Corp., Blizzard Realty Corp., CFS Investments, Inc., Main Omni Realty Corp., NYB Realty Holding Company, LLC, O.B. Ventures, LLC, RCBK Mortgage Corp., RCSB Corporation, RSB Agency, Inc., Richmond Enterprises, Inc. and Roslyn National Mortgage Corporation.

The 12 subsidiaries of Community Bank-owned entities include Bronx Realty Funding Company, LLC, Columbia Preferred Capital Corporation, Ferry Development Holding Company, Peter B. Cannell & Co., Inc., Roslyn Real Estate Asset Corp., Walnut Realty Funding Company, LLC, Woodhaven Investments Inc, Your New REO, LLC, Ironbound Investment Company, Inc.,The Hamlet at Olde Oyster Bay, LLC, The Hamlet at Willow Creek, LLC and Richmond County Capital Corporation.

The two direct subsidiaries of the Commercial Bank include Beta Investments, Inc., and Gramercy Leasing Services, Inc. The two subsidiaries of Commercial Bank-owned entities include Omega Commercial Mortgage Corp. and Long Island Commercial Capital Corp.

Hot Stocks To Own Right Now: Sound Global Ltd. (E6E.SI)

Sound Global Ltd., an investment holding company, provides water and wastewater treatment solutions in the People�s Republic of China. The company offers design, procurement, engineering, and construction services for turnkey facilities for the treatment of municipal wastewater or sewage, and industrial wastewater from various industries for release into the environment; and facilities for the treatment of tap water, as well as constructs water and wastewater facilities for its build, operate, and transfer projects. It also provides professional operations and maintenance services to local or municipal governments, which include operation and maintenance of water and wastewater treatment facilities. In addition, the company manufactures standard and customized water and waste water treatment equipment, such as grit removers, sludge scrappers, sludge dehydrators, oxidation ditches and SBR equipment, and sludge scrappers for tap water treatment plants; and sells treated wat er. Further, it offers equipment procurement services comprising technical advice and assistance to customers on the equipment that they need for their treatment facilities; procuring equipment for the customers from third party equipment manufacturers based on their technical requirements; and technical and design services to municipal governments, industrial enterprises, and other water and wastewater treatment facilities contractors. The company was formerly known as Epure International Ltd. and changed its name to Sound Global Ltd. in May 2010. The company was founded in 1993 and is based in Beijing, the People�s Republic of China. Sound Global Ltd. is a subsidiary of Sound Water (BVI) Limited.