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Stock Market & Financial Investment News

News Breaks
July 2, 2014
09:15 EDTOFG, BPOP, FBPPuerto Rican legislation positive for banks, says Sterne Agee
Sterne Agee believes that legislation to restructure public entities in Puerto Rico is positive for banks based there. The firm does not expect Popular (BPOP), OFG Bancorp (OFG), or First BanCorp (FBP) to have any losses or significant negative impact as a result of the legislation. It identifies Popular as its favorite name in the sector, followed by OFG and First Bancorp. The firm has Buy ratings on all three names.
News For BPOP;OFG;FBP From The Last 14 Days
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October 27, 2014
17:21 EDTFBPFirst BanCorp reports Q3 EPS 11c, consensus 11c
Tangible book value per share at September 30 was $5.81. The company reported total capital, Tier 1 capital, and leverage ratios of 18.57%, 17.30%, and 12.34%, respectively, as of September 30.
October 23, 2014
16:36 EDTOFGOFG Bancorp reports Q3 EPS 34c, consensus 38c
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October 22, 2014
08:06 EDTBPOPPopular reports Q3 continuing ops EPS 31c, may not compare to consensus 68c
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