Sunday, September 14, 2014

Hot Trucking Companies To Invest In Right Now

In 1905, Charles Henry Robinson spotted a unique opportunity.

After moving west with his family to the North Dakota town of Grand Forks, he soon realized that settlers were in need of supplies. He founded a transportation company with the goal of delivering perishable products to consumers before they spoiled -- a difficult challenge in the horse-and-buggy days.  

The company Robinson founded changed with the times, taking advantage of historic advances in the transportation industry. These advances included the first refrigerated truck (without ice) in 1939, the construction of the interstate highway system beginning in 1945, and the deregulation of the trucking industry in 1980.

Deregulation allowed the company freedom in setting its own rates. It also freed up the types of cargo that could be carried and the geographical areas in which the company could operate.

As it's known today, C.H. Robinson (Nasdaq: CHRW) has again changed with the times.

Top 5 Clean Energy Companies To Buy For 2015: Park Electrochemical Corporation(PKE)

Park Electrochemical Corp., an advanced materials company, engages in the development, manufacture, marketing, and sale of high-technology digital and radio frequency/microwave printed circuit materials products principally for the telecommunications, Internet infrastructure, and high-end computing markets. It also provides advanced composite materials, parts, and assemblies for the aerospace markets; and involves in the design and manufacture of composite aircraft and space vehicle parts. The company?s printed circuit materials are used to fabricate complex multilayer printed circuit boards and other electronic interconnect systems, including back-planes, wireless packages, high speed/low-loss multilayers, and high density interconnects. It operates in North America, Europe, and Asia. The company was founded in 1954 and is headquartered in Melville, New York.

Advisors' Opinion:
  • [By James E. Brumley]

    You can put American Assets Trust, Inc. (NYSE:AAT) and Park Electrochemical Corp. (NYSE:PKE) on your watchlist, if not in your portfolio. These two stocks are the best of the best among names you've probably not heard of. Just because you haven't heard of a stock, however, doesn't mean it can't dole out nice rewards. Indeed, I'm convinced the more obscure names like PKE and AAT are the market's best trading opportunities specifically because they're picks off the beaten path - the trades aren't crowded yet.

  • [By Rich Duprey]

    Printed-circuit materials maker�Park Electrochemical (NYSE: PKE  ) announced yesterday its second-quarter dividend of $0.10 per share, the same rate it's paid since 2009.

  • [By Wallace Witkowski]

    Park Electrochemical Corp. (PKE) �is expected to post third-quarter earnings of 28 cents a share.

Hot Trucking Companies To Invest In Right Now: PTC Therapeutics Inc (PTCT)

PTC Therapeutics, Inc., incorporated on March 31, 1998 , is a biopharmaceutical company focused on the discovery and development of orally administered, small-molecule drugs that target post-transcriptional control processes. The Company�� lead product candidate includes ataluren, which is used for the treatment of patients with genetic disorders that arise from a type of genetic mutation known as a nonsense mutation. Ataluren is in late stage clinical development for the treatment of Duchenne muscular dystrophy caused by nonsense mutations (nmDMD) and cystic fibrosis caused by nonsense mutations (nmCF).

Ataluren is orally administered small-molecule compound that targets nonsense mutations. The Company is engaged in the development of ataluren for the treatment of genetic disorders in, which a nonsense mutation is the cause of the disease. Genetic tests are available for many genetic disorders, including Duchenne muscular dystrophy and cystic fibrosis, to determine if the underlying cause is a nonsense mutation. The EMA has designated ataluren as an orphan medicinal product for the treatment of nmDMD and nmCF. During the year ended December 31, 2012, the Phase III clinical trial completed. The Company�� Ataluren clinical trials in patients with nonsense mutation genetic disorders include Ataluren for nmDMD: Phase 2b clinical trial complete; Confirmatory Phase III clinical trial initiated, and Ataluren for nmCF: Phase III trial completed.

Advisors' Opinion:
  • [By WWW.DAILYFINANCE.COM]

    Records fell on Wall Street Friday as another solid report on housing lifted the market for the second day in a row. There's a three-day weekend coming up -- something that often prompts investor caution -- but the gains were broad-based even though volume was fairly light. The VIX, which measures volatility, fell to its lowest level this year. The Dow Jones industrial average (^DJI) gained 63 points, the Nasdaq composite (^IXIC) rose 31, and the Standard & Poor's 500 index (^GPSC) added 8, topping the record high set last week. The Dow Transportation average also raced to an all-time high, lifted by airline stocks. United (UAL) soared more than 4 percent; Delta (DAL) gained more than 1 percent and Southwest (LUV) gained 2 percent. Southwest is at an all-time high, up 79 percent from a year ago. New home sales bounced back with a better than expected 6.4 percent increase last month. Lennar (LEN) and D.R. Horton (DHI) both rose 4 percent. Pulte (PHM), Beazer (BZH) and Hovnanian (HOV) also solid posted gains. Earnings continue to drive retail stocks. Gap (GPS) edged higher even though net fell. Foot Locker (FL) gained 1½ percent after topping expectations. GameStop (GME) rose 4 percent. Its net rose, helped by the rollout last year of new Xbox and PlayStation consoles. Zumiez (ZUMZ) rose 5½ percent on an earnings beat. But Aeropostale (ARO) tumbled 24 percent. Its loss widened and sales declined. The retailer continues to struggle with teen fashion trends. Also on the earnings front, TiVo (TIVO) rose 2 percent as it swung to a profit from a year ago loss. It also reported an increase in the number of subscribers. Hewlett-Packard (HPQ) rose 6 percent on news the company plans to eliminate up to 16,000 additional workers in an effort to cut costs. And several stocks extended big moves from yesterday. Best Buy (BBY) rose more than 3 percent for the second straight day after earnings beat expectations. Isis Pharmaceuticals (ISIS) jumped

Hot Trucking Companies To Invest In Right Now: HSBC Holdings PLC (HBC)

HSBC Holdings plc (HSBC), incorporated on January 1, 1959, is a global banking and financial services organizations. As of December 31, 2010, it provided a range of financial services to around 95 million customers through two customer groups, Personal Financial Services (PFS), including consumer finance, and Commercial Banking (CMB), and two global businesses, Global Banking and Markets (GB&M), and Global Private Banking (GPB). Its international network covers 87 countries and territories in six geographical regions; Europe, Hong Kong, Rest of Asia-Pacific, the Middle East, North America and Latin America. As of December 31, 2010, the Company had an international network of some 7,500 offices in 87 countries and territories in six geographical regions; Europe, Hong Kong, Rest of Asia-Pacific, the Middle East, North America and Latin America. PFS incorporates the Company�� consumer finance businesses, which include HSBC Finance Corporation (HSBC Finance). In April 2011, the Company closed its retail banking operation in Russia. In July 2011, the Company sold its unsecured written-off personal loan and credit card portfolio to J M Financial Asset Reconstruction Co. Pvt. Ltd. On May 20, 2012, HSBC Holdings PLC's wholly owned subsidiary HSBC Bank USA, N.A. and other wholly owned subsidiaries, sold 195 retail branches to First Niagara Bank, N.A. (First Niagara). In May 2012, the Company�� 70.03% owned subsidiary, HSBC Bank Malta plc, sold its card acquiring business to HSBC Merchant Services Ltd. In June 2012, the Company�� indirect wholly owned subsidiary, HSBC Iris Investments (Mauritius) Ltd, sold its 4.73% interest in Axis Bank Limited and 4.74% interest in Yes Bank Limited. In July 2012, its subsidiary, HSBC Europe (Netherlands B.V.), sold its 100% interest in HSBC Credit Zrt, to CentralFund Kockazati Tokealap. On March 31, 2013, Enstar Group Ltd�� subsidiary completed the acquisition from Household Insurance Group Holding Company of HSBC Insurance Company of Delaware and Household Life Insur! ance Company of Delaware, as well as its three subsidiary insurers.

The Company�� principal banking operations in Europe are HSBC Bank plc in the United Kingdom, HSBC France, HSBC Bank A.S. in Turkey, HSBC Bank Malta p.l.c., HSBC Private Bank (Suisse) S.A. and HSBC Trinkaus & Burkhardt AG. Through these operations it provides a range of banking, treasury and financial services to personal, commercial and corporate customers across Europe. HSBC�� banking subsidiaries in Hong Kong are The Hongkong and Shanghai Banking Corporation Limited and Hang Seng Bank Limited.

The Company offers a range of banking and financial services in the People�� Republic of China, mainly through its local subsidiary, HSBC Bank (China) Company Limited. It also participates indirectly in the People�� Republic of China through its four associates. Outside Hong Kong and the People�� Republic of China, it conducts business in 22 countries and territories in the Rest of Asia-Pacific region, through branches and subsidiaries of The Hongkong and Shanghai Banking Corporation, with coverage in Australia, India, Indonesia, Malaysia and Singapore.

In the Middle East, the Company has network of branches of HSBC Bank Middle East Limited, together with HSBC�� subsidiaries and associates. Its North American businesses are located in the United States, Canada and Bermuda. Operations in the United States are conducted through HSBC Bank USA, N.A., which is concentrated in New York State, and HSBC Finance, a national consumer finance company based near Chicago. HSBC Markets (USA) Inc. is the intermediate holding company of, inter alia, HSBC Securities (USA) Inc. HSBC Bank Canada and HSBC Bank Bermuda operate in their respective countries.

The Company�� operations in Latin America consists of HSBC Bank Brasil S.A.-Banco Multiplo, HSBC Mexico, S.A., HSBC Bank Argentina S.A. and HSBC Bank (Panama) S.A. In addition to banking services, it operates insurance businesses in Brazil, Mexi! co, Argen! tina, Panama and a range of smaller markets.

Personal Financial Services

PFS offers the Company�� products and services to customers based on their individual needs. Premier and Advance services are for customers who value international connectivity and benefit from its global reach and scale. It offers a range of banking products and services reflecting local requirements. In addition, it issues card globally, offering HSBC branded cards, co-branded cards with selected partners and private label (store) cards. Its customer offerings include personal banking products, including current and savings accounts, mortgages and personal loans, credit cards, debit cards and local and international payment services, and wealth management services, including insurance and investment products and financial planning services.

HSBC Premier provides preferential banking services to high net worth customers and their immediate families with a relationship manager, wealth advice and solutions. Customers can access emergency travel assistance, telephone banking and an online global view of their Premier accounts globally with free money transfers between them. HSBC Advance provides a range of preferential products and services customized to meet local needs. With a telephone service, access to wealth advice and online tools to support financial planning, it gives customers an online global view of their Advance accounts with money transfers between them. Wealth Solutions & Financial Planning process designed for global individual customer needs to help its clients to protect, grow and manage their wealth through investment and wealth insurance products manufactured by in-house partners, including Global Asset Management, Global Markets and HSBC Insurance, and by selected third party providers. During 2010, PFS provided 92 million individual and self-employed customers with financial services in over 60 markets globally.

Commercial Banking

The Company ! segments ! its CMB business into Corporate, to serve both Corporate and Mid-Market companies, and Business Banking, to serve the small and medium-sized enterprises (SME��) sector. It provides support to companies as they expand both domestically and internationally, and ensures a focus on the business banking segments. It offers a range of financing, both domestic and cross-border, including overdrafts, receivables finance, term loans and syndicated, leveraged, acquisition and project finance. Asset finance is offered in selected sites, focused on leasing and instalment finance for vehicles, plant and equipment. It is a provider of domestic and cross-border payments and collections, liquidity management and account services globally, delivered through its e-platform, HSBC net. It provides international trade products and services, to both buyers and suppliers, such as export finance, guarantees, documentary collections and forfeiting to improve efficiency and help mitigate risk throughout the supply chain.

CMB customers are volume users of its foreign exchange, derivatives and structured products. Capital markets & advisory is raising capital on debt and equity markets and provide advisory services. Commercial cards issuing helps customers enhance cash management, credit control and purchasing. Card acquiring services enable merchants to accept credit and debit card payments in person or remotely. CMB offers key person, employee benefits and a range of commercial risk insurance, such as property, cargo and trade credit. Direct channels include online and direct banking offerings, such as telephone banking, HSBCnet and Business Internet Banking.

Global Banking and Markets

GB&M provides tailored financial solutions to government, corporate and institutional clients and private investors globally. Managed as a global business, GB&M operates a long-term relationship management approach to build a understanding of clients��financial requirements. Sector-focused client service! teams co! nsisting of relationship managers and product specialists develop financial solutions to meet individual client needs. GB&M is managed as four principal business lines: Global Markets, Global Banking, Global Asset Management and Principal Investments.

Global Markets operations consist of treasury and capital markets services. Products include foreign exchange; currency, interest rate, bond, credit, equity and other derivatives; government and non-government fixed income and money market instruments; precious metals and exchange-traded futures; equity services; distribution of capital markets instruments, and securities services, including custody and clearing services and funds administration to both domestic and cross-border investors. Global Banking offers financing, advisory and transaction services. Its products include capital raising, advisory services, bilateral and syndicated lending, leveraged and acquisition finance, structured and project finance, lease finance and non-retail deposit taking; international, regional and domestic payments and cash management services; and trade services for large corporate clients.

Global Asset Management offers investment solutions to institutions, financial intermediaries and individual investors globally. Principal Investments includes its relationships with third-party private equity managers and other investments. GB&M is a global business, which provides financial solutions to government, corporate and institutional clients globally.

Global Private Banking

GPB works with the Company�� high net worth clients to offer ways to manage and preserve wealth. HSBC Private Bank is the principal marketing name of its international private banking business, GPB. GPB works with its clients to offer both ways to manage and preserve wealth while optimising returns. GPB accesses six advisory centers in Hong Kong, Singapore, Geneva, New York, Paris and London. Private Banking services consist of multi-currency depo! sit accou! nts and fiduciary deposits, credit and specialist lending, treasury trading services, cash management, securities custody and clearing. GPB works to ensure that its clients have access to other products and services available in HSBC, such as credit cards, Internet banking, corporate banking and investment banking.

Private Wealth Management consists of both advisory and discretionary investment services. A range of investment vehicles is covered, including bonds, equities, derivatives, options, futures, structured products, mutual funds and alternatives (hedge funds, private equity and real estate). Corporate Finance Solutions helps provide clients with solutions for their companies, working in conjunction with GB&M. Private Wealth Solutions consist of planning, trustee and other fiduciary services to protect wealth and preserve it for future generations. Its expertise includes trusts, foundation and company administration, charitable trusts and foundations, insurance, family office advisory and philanthropy.

Other

The Company�� Other contains the results of certain property transactions and unallocated investment activities. It also includes centrally held investment companies, movements in fair value of own debt, HSBC�� holding company and financing operations.

Advisors' Opinion:
  • [By Sara Sjolin]

    Banks also added pressure in London, with shares of Barclays PLC (UK:BARC) � (BCS) �down 1.4%, Standard Chartered PLC (UK:STAN) �of down 0.9% and heavyweight HSBC Holdings PLC (UK:HSBA) (HBC) (HK:5) �0.2% lower.

  • [By Andrew Marder]

    The banks facing the first wave of investigation are Barclays (NYSE: BCS  ) , Royal Bank of Scotland (NYSE: RBS  ) , HSBC (NYSE: HBC  ) , and Lloyds Banking Group (NYSE: LYG  ) . These companies are going to pay out something, as they've already admitted that rules were broken. The question remains -- how much will it cost?

Hot Trucking Companies To Invest In Right Now: ProShares UltraShort QQQ (QID)

ProShares UltraShort QQQ (the Fund), formerly UltraShort QQQ ProShares, seeks daily investment results that correspond to twice the inverse daily performance of the NASDAQ Index-100 Index. The NASDAQ-100 Index represents the largest non-financial domestic and international issues listed on The NASDAQ Stock Market. To be eligible for inclusion, companies cannot be in bankruptcy proceedings and must meet certain additional criteria, including minimum trading volume and seasoning requirements.

The NASDAQ-100 Index is calculated under a modified capitalization-weighted methodology. The Fund takes positions in securities and/or financial instruments that, in combination, should have similar daily return characteristics as 200% of the daily return of the index. The NASDAQ-100 Index is a price return index. The Fund�� investment advisor is ProShare Advisors LLC.

Advisors' Opinion:
  • [By John Udovich]

    The so-called Hindenburg Omen predicting a major market crash is increasingly popping into the headlines; but regardless of whether or not you believe in the prophecy,�short ETFs like ProShares UltraShort S&P500 ETF (NYSEARCA: SDS), ProShares Short Dow30 ETF (NYSEARCA: DOG) and�ProShares UltraShort QQQ ETF (NYSEARCA: QID) can off you some protection or insurance. We have also periodically added short ETFs to our�SmallCap Network Elite Opportunity (SCN EO) portfolio as a�hedge against short-term�market downturns or�short-term trend reversals and right now, we have the ProShares UltraShort S&P500 ETF in our portfolio.

Hot Trucking Companies To Invest In Right Now: BioAmber Inc (BIOA)

BioAmber Inc. (BioAmber), incorporated on October 15, 2008, is a chemical company. The Company manufactures its bio-succinic acid in a facility using a commercial scale 350,000 liter fermenter in Pomacle, France. During the year ended December 31, 2011, the Company produced 487,000 pounds, or 221 metric tons, of bio-succinic acid at this facility. Succinic acid is used to manufacture a range of products used every day, including plastics, food additives and personal care products, and can also be used as a building block for a range of derivative chemicals. The Company produces and sells bio-succinic acid using its process for petroleum-derived succinic acid. It also has additional bio-based products under development with partners including bio-succinic acid derivatives, such as BDO, and applications of bio-succinic acid, such as plasticizers, polyurethanes and de-icing solutions. During 2011, the Company created a wholly owned subsidiary, BioAmber International, S.a.r.l.

The Company develops bio-succinic acid for a range of markets, such as personal care products and food additives, plasticizers, polyurethanes, resins and coatings. The applications for bio-succinic acid include plasticizers, polyurethanes, personal care products, de-icing solutions, resins and coatings, food additives, lubricants and other products. Plasticizers are organic esters that are primarily used to make flexible polyvinyl chloride. Adipic acid is used in polyester polyols, which are used to make polyurethanes. Polyurethanes are used in, among other things, soles for footwear, molded foams for automotive applications, such as car seats and arm rests, and non-foam applications such as coatings, adhesives and sealants. Other applications of bio-succinic acid that are developed and tested by potential customers, which include anti-freeze solutions, solvents, water treatment chemicals and effervescence agents such laundry tablets and bath salts.

The Company competes with Gadiv Petrochemical Industries ! Ltd., Mitsubishi Chemical, DSM, Anqing Hexing Chemical Co Ltd, Anhui Sunsing Chemicals Co., Ltd., Genomatica, Inc., Myriant Corporation and Roquette Freres S.A.

Advisors' Opinion:
  • [By Matt Jarzemsky]

    Out of the 2013 vintage, some of the best performers so far this year have been early-stage healthcare firms like BioAmber Inc.(BIOA), up 86% year-to-date through Thursday, and Kindred Biosciences Inc.(KIN), up 82%. A number of high-flying tech startups have also continued to soar. Cybersecurity firm FireEye Inc.(FEYE) has gained 67% since the start of the year. Online coupon company RetailMeNot Inc.(SALE) is up 48%.

  • [By Markus Aarnio]

    BioAmber (BIOA) is a sustainable chemicals company. Its proprietary technology platform combines industrial biotechnology and chemical catalysis to convert renewable feedstock into chemicals for use in a wide variety of everyday products including plastics, resins, food additives and personal care products.

  • [By Maxx Chatsko]

    He believes several companies have set the bar precipitously low to start the year despite targeted developments expected to occur before the start of 2014. Watch the following video for his thoughts on potential positive surprises awaiting investors in�Amyris� (NASDAQ: AMRS  ) ,�BioAmber� (NYSE: BIOA  ) ,�Codexis� (NASDAQ: CDXS  ) , and�Solazyme� (NASDAQ: SZYM  ) .

Hot Trucking Companies To Invest In Right Now: Meredith Corp (MDP)

Meredith Corporation, incorporated on September 8, 1905, is a media and marketing company serving American women. The Company operates two business segments: national media and local media. The national media segment includes magazine publishing, brand licensing, digital and customer relationship marketing, digital and mobile media, database-related activities, and other related operations. The local media segment consists of the operations of network-affiliated television stations, related digital and mobile media, and video creation operations. In February 2014, Gannett Co Inc completes the sale of KMOV-TV in St. Louis, MO, to Meredith Corp.

National Media

The Company�� national media segment includes national consumer media brands delivered through multiple media platforms, brand licensing activities, and business-to-business marketing products and services. It focuses on the home and family market and is a publisher of magazines serving women. During the fiscal year ended June 30, 2013 (fiscal 2013) the Company published in print twenty subscription magazines, including Better Homes and Gardens, Family Circle, Ladies' Home Journal, Parents, FamilyFun, American Baby, EveryDay with Rachael Ray, and Fitness, and approximately 120 special interest publications under approximately 75 titles primarily under the Better Homes and Gardens brand. 20 if the Company�� brands are also available as digital editions on various platforms. The Company�� national media segment's extensive digital media presence consists of over 40 Websites, almost 30 mobile-optimized Websites, and about 30 applications (apps). Of those websites and apps, the Allrecipes' brand accounts for 18 websites, 18 mobile sites serving 23 countries in 12 languages, and 11 mobile apps. The national media segment also includes digital and customer relationship marketing, which provides specialized marketing products and services to some of America's companies; a large consumer database; brand licensing activities! , and other related operations. National media segment represented 74 % of the Company�� revenues in fiscal 2013. The Company�� magazines offer regional and demographic editions that contain similar editorial content but allow advertisers to customize messages to specific markets or audiences. The Company sells two primary types of magazine advertising: display and direct-response. Advertisements are either run-of-press (printed along with the editorial portions of the magazine) or inserts (preprinted pages).

The Company also possesses a marketing unit, Meredith 360掳, which provides clients and their agencies with access to a range of media products and services it has to offer, including many media platforms. Its subscription magazines, except American Baby, Ser Padres, and Successful Farming, are also sold by single copy. Single copies sold on newsstands are distributed primarily through magazine wholesalers, who have the right to receive credit from the Company for magazines returned to them by retailers. National media has 22 apps focused on food, parenthood, and health. National media's 30 websites and 10 mobile-optimized Websites provide ideas and inspiration. These branded websites focus on the topics that women care about most-food, home, entertaining, and meeting the needs of moms-and on delivering content geared toward lifestyle topics, such as health, beauty, style, and wellness.

Local Media

The Company�� local media segment consists of 12 network-affiliated television stations located across the United States. The television stations consist of six CBS affiliates, three FOX affiliates, two MyNetworkTV affiliates, and one NBC affiliate. Local media's digital presence includes 20 Websites and mobile Websites and 36 apps focused on news, sports, and weather-related information. Local media segment represented 26% of the Company�� revenues in fiscal 2013. The principal sources of the local media segment's revenues are local advertising focusing on ! the immed! iate geographic area of the stations, national advertising, retransmission of its television signal to satellite and cable systems, advertising on the stations' Websites and mobile Websites, station operation management fees, and payments by advertisers for other services, such as the production of advertising materials. The stations sell commercial time to both local/regional and national advertisers. The Company broadcasts local newscasts in high definition in six of its markets and in wide screen format in its other four markets. Meredith Video Studios (MVS) is its development, production, and multiplatform distribution company that produces video for use by the Company�� television stations and its local and national media Websites, and is producing custom video for clients as well.

Advisors' Opinion:
  • [By Marc Bastow]

    Media and marketing company Meredith (MDP) raised its quarterly dividend 6.5% to 40.75 cents per share, payable on Dec. 13 to shareholders of record as of Nov. 29. The increase marks the 20th consecutive increase in Meredith’s annual dividend.
    MDP Dividend Yield: 3.08%

  • [By John Udovich]

    Meanwhile, Tremor Video announced it had reached agreement with Meredith Corporation (NYSE: MDP) to serve as its exclusive third party partner to monetize their unsold desktop pre-roll inventory. Under the agreement, Meredith Digital�� video inventory on sites�like Allrecipes.com, BHG.com and Parents.com will only be available through Tremor Video�� and Meredith Digital�� sales forces and the press release noted that such�partnerships have enabled the company to create a ��obust online video ecosystem��of over 500 premium websites and mobile applications.

  • [By Tyler Laundon]

    Publishing company Meredith Corporation (MDP), which yields 3.4%, is also among the top ten holdings. This company has a long history of dividend growth dating back to the mid-1990s and is a perfect fit for the DGRS.

  • [By Tiernan Ray]

    FBR & Co.‘s�William Bird, who follows the shares of old media dinosaurs�Gannett (GCI), �Meredith�(MDP),�News�(NWSA), and�The New York Times�(NYT), today offers the findings of a survey of 2,041 adults in the U.S. from March 12th to March 17th.

Hot Trucking Companies To Invest In Right Now: Ocwen Financial Corporation(OCN)

Ocwen Financial Corporation, through its subsidiaries, provides residential and commercial mortgage loan servicing, special servicing, and asset management services in the United States and internationally. The company provides loan servicing, including asset management and resolution services primarily to owners of subprime residential mortgages. It also invests in subprime residential loans held for resale; and is involved in subprime residual mortgage backed trading securities related to subprime loan origination operation and whole loan purchase and securitization activities, as well as engages in the management of residential assets. Ocwen Financial Corporation was founded in 1988 and is headquartered in Atlanta, Georgia.

Advisors' Opinion:
  • [By Jessica Alling]

    Long day for B of A
    Bank of America (NYSE: BAC  ) is leading the Dow lower this morning following some very disappointing news for its investors. A new investigation has unveiled some more deception tactics from the bank, but this time it's with its mortgage bond holders. The investigation alleges that B of A and Ocwen Financial (NYSE: OCN  ) as mortgage servicers misrepresented the status of homes to mortgage bond trustees, including Wells Fargo (NYSE: WFC  ) and Bank of New York Mellon (NYSE: BK  ) . While it was continuing to collect fees by stating the homes were still in the process of foreclosure, the homes had in fact been sold or paid off.

  • [By Ben Levisohn]

    Ocwen Financial�(OCN) has gained has gained 1.6% to $57.70 after the company purchased its own shares from Wilbur Ross and amended its credit facility.

  • [By Amanda Alix]

    On the other hand, Bank of America (NYSE: BAC  ) showed little change from its poor performance of last year, and dedicated mortgage servicing companies like Nationstar Mortgage (NYSE: NSM  ) and Ocwen Loan Servicing (NYSE: OCN  ) remain on the bottom of the customer-satisfaction heap.

  • [By Amanda Alix]

    Bank of America involved, again
    Reuters reports that fraud fighter Lisa Epstein discovered that mortgage servicers have been feeding mortgage bond investors incorrect information concerning the mortgages that lie within the MBSes they hold. Servicers such as Bank of America and Ocwen Financial (NYSE: OCN  ) , for example, have supplied information to bond trustees Wells Fargo (NYSE: WFC  ) and Bank of New York Mellon (NYSE: BK  ) indicating that homes that have long since been sold or paid off are still in foreclosure.

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