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4 Top Bank Stock Picks From Deutsche Bank
Sunday, March 9, 2014 - 11:15am | 832Read More...Fifth Third Bancorp (NASDAQ: FITB), PNC Financial Services (NYSE: PNC), Regions Financial (NYSE: RF) and Sun Trust Banks (NYSE: STI) were among the bank stocks featured in a Deutsche Bank research report this week. While the analysts did see improved credit profiles, a decrease in consumer...
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Fairway Investors Run For The Exit As Organizational Changes Reduce Visibility
Friday, February 7, 2014 - 1:08pm | 411Read More...Fairway Group (NASDAQ: FWM) shares plummeted amid organizational realignment and earnings. Five analyst downgraded shortly following three press releases on February 6. On Thursday, Fairway Group reported third quarter results and the company's restructuring. Fairway announced third quarter...
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Is Best Buy a Buy, Hold or Sell?
Friday, January 17, 2014 - 11:14am | 593Read More...According to Barron’s, it’s “good-bye” time, not “buy” time for Best Buy (NYSE: BBY). It did not help that holiday sales fell almost a full percent compared to the two percent gain analysts expected. In addition, the company expects to report a decline in Q4 operating profit on February 27....
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Barron's Recap: Midyear Roundtable
Monday, June 17, 2013 - 10:50am | 539Read More...This past weekend in Barron's online: the midyear 2013 roundtable, and the prospects for Eastman Chemical, BB&T, Amgen and Big Lots. Cover Story "Shifting Winds" by Lauren R. Rublin. The investment experts in Barron's Midyear Roundtable explain the risks and explore the opportunities as an...
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Barron's Recap (3/2/12): Wealth Managers See Calmer Seas Ahead
Sunday, March 3, 2013 - 6:31pm | 864Read More...This weekend in Barron's online: a Penta asset-allocation survey, the Dow ready to hit a record high, and the prospects for Barnes & Noble, Danone, Forestar Group and Asian markets. Cover Story "More Stocks, Fewer Bonds" by Karen Hube. After years of investing defensively, the largest...
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Earnings Expectations for the Week of January 14
Sunday, January 13, 2013 - 3:08pm | 1008Read More...Last Friday, Wells Fargo (NYSE: WFC) started off the most recent round of quarterly reports from the big U.S. banks by posting a record profit for the quarter. The company also reported that the number of mortgage loans and lending margins declined from the previous quarter. Results from many more...
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Earnings Expectations for the Week of April 16 (GS, MSFT, MCD)
Sunday, April 15, 2012 - 10:45am | 1425Read More...The earnings crunch is on this week. Among the scheduled quarterly reports from the financial sector are those from American Express, Bank of America, Bank of New York, Citigroup, Goldman Sachs, and Morgan Stanley. The tech sector will be represented by earnings reports from IBM, Intel, Microsoft,...
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Wells Fargo, BB&T and Other Bank Stocks on a Roll
Tuesday, April 10, 2012 - 6:54am | 1085Read More...Wells Fargo (NYSE: WFC) and JP Morgan Chase (NYSE: JPM) help kick off the new earnings season this week when they post their first-quarter results on Friday. Citigroup (NYSE: C), Goldman Sachs (NYSE: GS) and others follow early next week. Some analysts are looking to the financial sector for the...
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Earnings Expectations for the Week of January 16
Sunday, January 15, 2012 - 3:47pm | 1524Read More...This week will offer a good look at the state of the financial sector as many of the big banks share their fourth-quarter results. JP Morgan Chase (NYSE: JPM) broke the ice on Friday, reporting a decline in earnings that was more than analysts had estimated. Wells Fargo (NYSE: WFC), Goldman Sachs (...
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BB&T Upgraded Brown Shoe from Hold to Buy with PT at $14
Monday, July 25, 2011 - 6:59amRead More... -
Earnings Expectations for the Week of July 18
Sunday, July 17, 2011 - 9:18am | 1316Read More...Earnings season ramps up this week with quarterly reports due from the likes of tech companies such as IBM (NYSE: IBM) and Microsoft (NASDAQ: MSFT), big banks such as Wells Fargo (NYSE: WFC) and Bank of America (NYSE: BAC), and consumer goods giants such as PepsiCo (NYSE: PEP) and Johnson &...
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BB&T Provides Color on Chiquita Brands International, Buy
Friday, June 10, 2011 - 6:13am | 124Read More...BB&T provided color on Chiquita Brands International (NYSE: CQB). In a research report published today, BB&T stressed its concern about the impact of the EU and Colombia trials on Chiquita's performance. In the report, BB&T states, "we are concerned on the EU front. Further, a...
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Citi Adjusts BBT Estimates
Tuesday, May 3, 2011 - 7:13am | 59Read More...Citi has increased its 2011 estimate on shares of BB&T Corp (NYSE: BBT) “due to results and lower than originally projected credit losses accompanied with higher reserve releases.” “We decreased our 2012-2013 EPS estimates by $0.05 reflecting the shift of reserve releases to earlier periods,”...
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J.P. Morgan Comments On BBT 1Q, Anticipates Acquisitions
Monday, April 25, 2011 - 8:18am | 171Read More...BB&T Corp. (NYSE: BBT) reported EPS of $0.32, “a penny above our estimate, marked by sharply lower credit costs, which were offset by weaker fee income (mainly mortgage banking) and core net interest income (ex purchase accounting accretion),” J.P. Morgan reports. “Credit quality improved...
