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Stock Market & Financial Investment News

News Breaks
March 21, 2014
05:38 EDTCYNCity National upgraded to Outperform from Market Perform at Wells Fargo
Wells Fargo upgraded City National citing valuation and upside potential as the markets anticipate higher short term rates in 2015. Wells raised its price target range for shares to $88-$90 from $72-$75.
News For CYN From The Last 14 Days
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July 31, 2014
10:02 EDTCYNOn The Fly: Analyst Downgrade Summary
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08:54 EDTCYNCity National downgraded to Underperform from Neutral at BofA/Merrill
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July 24, 2014
16:36 EDTCYNCity National sees moderate net income growth in 2014
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16:36 EDTCYNCity National reports Q2 EPS $1.11, consensus 98c
City National set aside no provision in Q2 and recorded a $1M reversal of allowance for loan and lease losses, excluding FDIC-covered loans. Under Basel I capital rules, the company's Tier 1 common shareholders' equity ratio was 8.8% at June 30.

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