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Keefe Bruyette & Woods Reiterates Long-Term Forecast For HAFC
Tuesday, May 17, 2011 - 6:58am | 101In a recent report, Keefe, Bruyette & Woods has reiterated the long-term forecast on Hanmi Financial (NASDAQ: HAFC) with a $1.00 price target and $0.10 estimate EPS rating. The report came after HAFC had an EPS of $0.07 for 1Q, the second quarterly profit. In the report, KBW said, "The...
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Wunderlich Securities Comments On "Memphis In May"
Monday, May 16, 2011 - 12:16pm | 143Wunderlich Securities published a report today providing color on its "Memphis in May World Championship Bank Tour," which occurred during the week of May 9, 2011. The event featured 15 Wunderlich-covered Southern and Western banks. In the report, Wunderlich Securities states its top company picks...
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Premier Financial Bancorp, Inc. Receives Approval to Pay TARP Dividends
Monday, May 16, 2011 - 12:04pm | 101Premier Financial Bancorp (NASDAQ: PFBI) announced that it received approval from the Federal Reserve Bank of Richmond and the Federal Reserve Board of Governors to pay the regularly scheduled quarterly dividend due May 16, 2011 and the prior two deferred dividends on Premier's Series A Preferred...
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Benzinga's Top Upgrades (JEC, SBNY, CXDC, CRZBY)
Monday, May 16, 2011 - 7:20am | 140Robert W. Baird upgraded Jacobs Engineering Group Inc (NYSE: JEC) from “neutral” to “outperform.” JEC's shares closed at $46.59 on Friday. JEC's trailing-twelve-month revenue is $9.76 billion. Analysts at JP Morgan upgraded Signature Bank (NASDAQ: SBNY) from “neutral” to “overweight.” SBNY's...
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Goldman Sachs Maintains Buy Rating On Popular, Inc.
Monday, May 16, 2011 - 6:44am | 102Goldman Sachs maintains its Buy rating and its 12-month normalized EPS-based price target of $4.25 on shares of Popular Inc. (NASDAQ: BPOP). “We recently hosted a day of meetings with BPOP management and came away with renewed confidence that the company is well positioned to further capitalize on...
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J.P. Morgan Upgrades Signature Bank To Overweight Rating (SBNY)
Monday, May 16, 2011 - 6:39am | 120In a recent report, J.P. Morgan has upgraded Signature Bank (NASDAQ: SBNY) from Neutral rating to an Overweight rating after the recent pullback created a good entry point. In the report, J.P. Morgan said, "Looking at the price performance of SBNY over the past year, dips in the stock have tended...
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KBW Maintains Market Perform Rating, $30 PT On BB&T Corp.
Monday, May 16, 2011 - 6:21am | 74KBW is maintaining its Market Perform rating and $30 PT on shares of BB&T Corp. (NYSE: BBT). “We recently traveled with BBT's CFO Daryl Bible and came away feeling better about BBT's management, business model and its fundamentals, but earned a greater respect for the challenging environment...
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KBW Maintains Outperform Rating, $12.50 PT On F.N.B. Corp.
Monday, May 16, 2011 - 6:18am | 92KBW is maintaining its OP rating and $12.50 PT on shares of F.N.B. Corporation (NYSE: FNB). “On Friday May 13th, F.N.B. completed a common equity raise whereby the bank sold 5.25mm shares of stock at $10.70, raising gross proceeds of $56.2mm,” KBW writes. “This offering was made in conjunction...
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JP Morgan Upgrades Signature Bank To Overweight, PT To $65
Monday, May 16, 2011 - 5:16am | 26JP Morgan has upgraded Signature Bank (NASDAQ: SBNY) from Neutral to Overweight and has established a $65 price target.
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Top Banking stocks to buy now- TREE, FBSI, NCBC, MERR, NBN, CARV, HNB, BCAR, CLBH, BYFC, SCMF…
Sunday, May 15, 2011 - 8:06am | 1593Tree.com Inc (TREE) is trading at a price of $6.33, a dramatic change of 0.93 with % change of 17.22 from its previous day's close. Currently, the company has a Market capitalization (total value of a company in the stock market) of approximately 69.43M The First Bancshares Inc. (FBSI) is trading...
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Stocks Going Ex Dividend the Fourth Week of May
Friday, May 13, 2011 - 11:43pm | 731Here is our latest update on the stock trading technique called 'Buying Dividends'. This is the process of buying stocks before the ex dividend date and selling the stock shortly after the ex date at about the same price, yet still being entitled to the dividend. This technique generally works only...
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Calls Purchased on First Horizon National Corporation (FHN)
Friday, May 13, 2011 - 9:27am | 133Shares of First Horizon National Corporation (NYSE: FHN) are lower on the session by 1.05%, currently trading at $10.32. The stock has been moving largely lower over the past four months and is currently trading below the 50-day and 200-day moving averages. Options traders are buying calls on the...
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Top day traders Stocks and nalyst Upgrades & Downgrades on 5/13/11- NVDA, PNSN, VRML, A, YHOO, DF
Friday, May 13, 2011 - 8:49am | 1206NVIDIA Corporation (NVDA), provider of visual computing technologies and the inventor of the graphics processing unit, is down 6.3% premarket to $19.22, relative to a 52-week range of $8.65-$26.17. Penson Worldwide (PNSN), provider of a range of critical securities and futures processing...
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Keefe, Bruyette & Woods Reports on East West Bancorp (EWBC)
Friday, May 13, 2011 - 6:48am | 127In a report released today, Keefe, Bruyette & Woods commented on East West Bancorp (NASDAQ: EWBC). In the report, Keefe was mildly positive in its assessment of the company. Keefe writes, “We spent a day traveling with East West Bancorp President and COO Ms. Julia Gouw, visiting shareholders....
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Keefe, Bruyette & Woods Reports on Wilshire Bancorp (WIBC)
Friday, May 13, 2011 - 6:29am | 119In a report released today, Keefe, Bruyette & Woods commented on Wilshire Bancorp (NASDAQ: WIBC). In the report, Keefe was neutral in its oulook. Keefe writes, “We are updating our forecast for WIBC following the bank's recapitalization and 1Q11 results. In the first quarter, WIBC lost $1.77...