All Posts Tagged With: "HBAN"
(BBT) Standard & Poor’s Revises Regional Bank Ratings
In yet another round of credit ratings revision, Standard & Poor’s (S&P) announced changes in credit ratings for 31 regional banks. The list includes 28 publicly traded parent company banks, a non-public entity Bank of North Dakota and a couple of North American...
7Dec2011 | vitalstocks | 0 comments | Continued(AAPL) A Busy Week Ahead – Earnings Preview
Earnings Preview 10/14/11 While the earnings season kicked off this past week, only 38 firms reported. The game really gets under way next week, when we will get reports from 336 firms, including 99 members of the S&P 500. Thus, by the end of the week we will have a very...
17Oct2011 | vitalstocks | 0 comments | Continued(AAPL) 2011 Second Quarter Earnings Preview – Detailed
Earnings Preview 7/15/11 Second quarter earnings season is now under way, but things really start to move into high gear next week. There will be 348 firms reporting, and 108 of those are in the S&P 500. By next Friday we should have a very good handle on how the overall...
18Jul2011 | vitalstocks | 0 comments | Continued(NTRS) Northern Trust Analyst Stays Neutral on Shares
We are maintaining our Neutral recommendation on Northern Trust Corporation (NTRS) based on favorable acquisition spree and global expansions of the company. In May 2011, Northern Trust agreed to acquire Omnium LLC, a leading hedge fund administrator, from Citadel. The acquisition...
29Jun2011 | vitalstocks | 0 comments | Continued(HBAN) Huntington Bancshares Upgraded
We have upgraded our recommendation on Huntington Bancshares Inc. (HBAN) to Neutral from Underperform on the back of fundamentals, better-than-expected first quarter 2011 results, current economic environment and the recent credit trends. Huntington Bancshares reported first...
26Jun2011 | vitalstocks | 0 comments | Continued(BAC) Big Banks Raise Fees – Lose Customers
Some of the big U.S. banks are running the risk of losing millions of customers this year following rises in many of their fees, USAToday.com reported yesterday. Increased or new fees along with the retraction of debit card reward programs are making it difficult for customers...
2Jun2011 | vitalstocks | 0 comments | Continued(NTRS) Northern Trust Analyst Upgrades Shares to Neutral
We have upgraded our recommendation on Northern Trust Corporation (NTRS) to Neutral from Underperform attributed to synergies expected from the recent acquisitions. In April, Northern Trust reported first-quarter 2011 earnings of 59 cents per share, which was below the Zacks...
5May2011 | vitalstocks | 0 comments | Continued(MI) Marshall & Ilsley Reports High Loss
Marshall & Ilsley Corporation’s (MI) first quarter 2011 loss of 27 cents per share exceeded the Zacks Consensus Estimated loss of 18 cents but was in line with the prior-year quarter result. M&I’s results for the reported quarter suffered mainly due to lower net interest...
2May2011 | vitalstocks | 0 comments | Continued(ABX) Company News for April 26, 2011 – Corporate Summary
• Netflix, Inc. (NASDAQ:NFLX) reported first quarter 2011 diluted earnings of $1.11 per share, surpassing the Zacks Consensus Estimate of $1.07 per share and 88.1% higher than the prior year quarter. Total revenue of $718.5 million increased 45.6% from the year ago quarter,...
26Apr2011 | vitalstocks | 0 comments | Continued(HBAN) Huntington Bancshares Approach TARP Repayment
Huntington Bancshares Inc. (HBAN) is inching closer to the repayment of the bailout money it received under the U.S. Government’s Troubled Asset Relief Program (TARP). Last Friday, the company concluded its equity and debt offerings with the intent of paying back the TARP loan...
21Dec2010 | vitalstocks | 0 comments | Continued(HBAN) Huntington Bancshares Earnings Beat Wall Street Estimates
Huntington Bancshares Incorporated (HBAN) reported a third quarter 2010 profit of $100.9 million or 10 cents per share, ahead of the Zacks Consensus Estimate of 6 cents. This also compares favorably with earnings of $48.8 million or 3 cents a share in the prior quarter and a...
26Oct2010 | vitalstocks | 0 comments | Continued(HBAN) Huntington Bancshares Analyst Reiterates Shares at Neutral
We are reiterating our Neutral recommendation on Huntington Bancshares Inc. (HBAN) following the company’s earnings release. The reaffirmation is based on the company’s business model, strategic initiatives, credit environment, opportunities and challenges. Second Quarter...
3Oct2010 | vitalstocks | 0 comments | Continued(CMA) Comerica Analyst Reaffirms Stock’s Neutral Rating
We have reaffirmed our Neutral recommendation on the shares of Comerica Inc. (CMA) following the company’s earnings release, quarterly filing and the regulatory moves. The reaffirmation is based on the company’s fundamentals, growth opportunities, credit environment and challenges...
30Aug2010 | vitalstocks | 0 comments | Continued(JPM) JPMorgan Slashes Loan Rates For Small Businesses Hiring People
In an effort to motivate small businesses and to reduce unemployment level, JPMorgan Chase & Co. (JPM) on Tuesday started a new plan to slash loan rates on small businesses, who decide to hire new employees. JPMorgan will lower the rate by 0.5 percentage points for every...
30Jun2010 | vitalstocks | 0 comments | Continued(HBAN) Huntington Bancshares Incorporated Beats – Posts Profit
Huntington Bancshares Incorporated (HBAN) reported a first quarter profit of $39.7 million or 1 cent a share, helped by a tax benefit of $38.2 million. Excluding the benefit, the company reported a loss of 4 cents per share, well ahead of the Zacks Consensus Estimate of a loss...
22Apr2010 | vitalstocks | 0 comments | Continued(HBAN) Huntington Bancshares Reaffirms 2010 Earnings Guidance
In a regulatory filing with the Securities and Exchange Commission yesterday, Huntington Bancshares Inc. (HBAN) reaffirmed its 2010 guidance. As announced concurrent with the fourth-quarter earnings release on Jan 22, 2010, Huntington expects to return to a profitable quarterly...
12Mar2010 | vitalstocks | 0 comments | Continued(HBAN) Huntington Bancshares Incorporated Misses Expectations – Loan Loss Provisions Rise
Huntington Bancshares Incorporated (HBAN) reported a fourth quarter loss of 56 cents per share. Excluding the impact of significant items, the company incurred a loss of 65 cents in the quarter. Results were well below the Zacks Consensus Estimate of a loss of 28 cents. However,...
23Jan2010 | vitalstocks | 0 comments | Continued(HBAN) U.S. Bank Failure Tally Reaches 98
The recession continues to weigh heavily on banks as U.S. regulators on Friday shuttered three more banks in Michigan, Minnesota and Colorado. This takes the total number of failed federally insured banks this year to 98, compared to 25 in 2008 and 3 in 2007. The failed banks...
6Oct2009 | vitalstocks | 0 comments | Continued(HBAN) Huntington Bancshares Offers $400 Million Public Offering
Last Friday Huntington Bancshares Incorporated (HBAN) has commenced a public offering of $400 million worth of common shares to strengthen its common equity position. The company has priced 95.2 million shares of its common stock at $4.20 per share. Additionally the underwriters...
23Sep2009 | vitalstocks | 0 comments | Continued