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Deutsche Bank Lowers PT On Redwood Trust To $17.25
Thursday, August 11, 2011 - 5:11am | 27Deutsche Bank has lowered the price target on Redwood Trust (NYSE: RWT) from $21.50 to $17.25 and maintains its Buy rating.
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Top 4 Mid-Cap Stocks In The REIT-Residential Industry With The Highest Dividend Yield
Thursday, August 11, 2011 - 3:25am | 122Below are the top mid-cap REIT-residential stocks on the NYSE and the NASDAQ in terms of dividend yield. American Capital Agency Corp (NASDAQ: AGNC) has a dividend yield of 18.80%. AGNC's shares closed at $28.41 yesterday. Hatteras Financial Corp (NYSE: HTS) has a dividend yield of 14.50%. HTS'...
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UPDATE: Bank of America Downgrades Fibria Celulose and Lowers PT from $17 to $10.50
Tuesday, August 9, 2011 - 6:30am | 107Bank of America has published a report on Fibria Celulose (NYSE: FBR) downgrading the stock from Buy to Neutral and lowering the price target from $17 to $10.50. In the report, Bank of America wrote, "The combination of a strong BRL and industry cost pressures translates into lower margins and...
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iStar Financial's Board Approves New $65 Million Stock Repurchase Program
Monday, August 8, 2011 - 7:12pm | 92iStar Financial (NYSE: SFI) announced today that its Board of Directors approved a new stock repurchase program. The program authorizes the Company to repurchase up to $65 million of its common stock from time-to-time in the open market and privately negotiated transactions. The Company intends to...
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Deutsche Bank Updates 8/8
Monday, August 8, 2011 - 5:42am | 535Deutsche Bank made a number of updates in a research report published today. Magna International (NYSE: MGA) had its rating reiterated at Hold. At the same time, its price target was reduced from $57 to $55. On Friday, MGA lost 10.92% of its value to end the day at $39.42....
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Mad Money Lightning Round: Cramer Likes Caterpillar
Monday, August 8, 2011 - 2:49am | 240On CNBC's Mad Money, Jim Cramer said during the Lightning Round that Exxon Mobil (NYSE: XOM) is “not my favorite oil but you're fine.” He added, “I like Chevron (NYSE: CVX) more, but you're OK. Exxon will make a lot of money." Cramer said that Anworth Mortgage Asset (NYSE: ANH) is a “mortgage REIT...
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UPDATE: Jefferies Lowering Price Targets On Redwood Trust
Friday, August 5, 2011 - 6:50am | 92Jefferies & Co. is out with a research report on Redwood Trust (NYSE: RWT) and is lowering its price target to $15 from $16.50, and it has a Buy rating on shares. In a note to clients, Jefferies & Co. writes, "RWT reported 2Q11 GAAP EPS of $0.11, well below the Street estimate of $0.25 and...
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Jefferies Lowers PT on Redwood Trust To $15
Friday, August 5, 2011 - 5:32am | 27Jefferies & Company has lowered the price target on Redwood Trust (NYSE: RWT) from $16.50 to $15 and maintains its Buy rating.
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Deutsche Bank Maintains MFA Financial Hold, Lowers PT
Thursday, August 4, 2011 - 3:19pm | 71Deutsche Bank maintained its MFA Financial (NYSE: MFA) Hold rating and lowered its MFA Financial price target to $9 in a research report published today. In the report, Deutsche Bank states, "Given our portfolio return estimates and the attractive valuation(shares are trading below book value), we...
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UPDATE: Jefferies Lowers PT on MFA Financial To $8.50
Thursday, August 4, 2011 - 8:23am | 85Jefferies & Company has published a research report on MFA Financial (NYSE: MFA) and has lowered the company's price target from $9 to $8.50. In the report, Jefferies writes, "MFA reported $0.26 in core earnings, which was in-line with our estimate and $0.01 above the Street. Weakness in non-...
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KBW Revises EPS Estimates For MFA
Thursday, August 4, 2011 - 7:52am | 41According to KBW, MFA Mortgage Investments (NYSE: MFA) EPS estimates have changed from $1.02 to $1.01 for FY11 and from $1.00 to $1.04 for FY12. PT of $9 and rating of Outperform remain unchanged. MFA closed yesterday at $7.65.
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Jefferies Rating and PT Updates 8/4
Thursday, August 4, 2011 - 7:12am | 1311Jefferies made a number of rating and price target changes in a research report published today. AstraZeneca PLC (NYSE: AZN) had its rating upgraded from Underperform to Hold. On Wednesday, AZN lost 0.34% of its value to finish the day at $47. Its shares continued to slide in today's pre-market...
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Jefferies Lowers PT on MFA Financial To $8.50
Thursday, August 4, 2011 - 5:48am | 27Jefferies & Company has lowered the price target on MFA Financial (NYSE: MFA) from $9 to $8.50 and maintains its Buy rating.
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Top 4 Mid-Cap Stocks In The Paper & Paper Products Industry With The Highest Revenue
Thursday, August 4, 2011 - 3:04am | 130Below are the top mid-cap paper & paper products stocks on the NYSE and the NASDAQ in terms of revenue. The trailing-twelve-month revenue at Sappi Limited (NYSE: SPP) is $7.07 billion. SPP's PEG ratio is 0.22. The trailing-twelve-month revenue at Domtar Corporation (NYSE: UFS) is $5.67...
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Fast Money Picks For August 4th (EEM, HIG, TGT, VMW, AKS, NLY)
Wednesday, August 3, 2011 - 7:34pm | 289On CNBC's Fast Money, Tim Seymour suggested that investors should buy iShares MSCI Emerging Markets Index (ETF) (NYSE: EEM) for a short term bounce to $46. After that, another leg lower will follow. iShares MSCI Emerging Markets Index (ETF) (EEM) lost 0.35% today, and closed at $45.46. Guy Adami...