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Stock Market & Financial Investment News

News Breaks
February 6, 2013
05:22 EDTAGO, FBCFlagstar Bancorp to appeal court ruling on Assured Guaranty
Flagstar Bancorp (FBC), the holding company for Flagstar Bank, reported that on February 5, the U.S. District Court for the Southern District of New York issued a decision in the previously disclosed lawsuit filed by Assured Guaranty (AGO), formerly known as Financial Security Assurance. The Court granted judgment in favor of Assured on its claims for breach of contract against the bank in the amount of $90.1M plus contractual interest and attorneys' fees and costs to be determined. Flagstar strongly disagrees with the Court's ruling and intends to vigorously contest the outcome on appeal.
News For FBC;AGO From The Last 14 Days
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February 9, 2016
10:00 EDTFBCOn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: ArcelorMittal (MT) upgraded to Neutral from Sell at Goldman... Electronic Arts (EA) upgraded to Buy from Neutral at Hilliard Lyons... First Interstate (FIBK) upgraded to Outperform from Market Perform at Fig Partners... Flagstar Bancorp (FBC) upgraded to Buy from Hold at Sandler O'Neill... Frontline (FRO) upgraded to Buy from Neutral at Clarksons Platou... Grifols (GRFS) upgraded to Buy from Hold at Berenberg... Grupo Financiero (GGAL) upgraded to Neutral from Underweight at JPMorgan... Kinross Gold (KGC) upgraded to Outperform from Neutral at Credit Suisse... Luxottica (LUX) upgraded to Hold from Underperform at Jefferies... PrivateBancorp (PVTB) upgraded on growth outlook at SunTrust... SS&C (SSNC) upgraded to Outperform from Market Perform at Raymond James... Salesforce (CRM) upgraded to Hold from Underperform at Jefferies... TCF Financial (TCB) upgraded to Neutral from Sell at Compass Point... TreeHouse (THS) upgraded to Overweight from Neutral at JPMorgan... WPX Energy (WPX) upgraded to Overweight from Equalweight at Capital One... Yelp (YELP) upgraded to Neutral from Sell at B. Riley.
07:59 EDTFBCFlagstar Bancorp upgraded to Buy from Hold at Sandler O'Neill
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