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Stock Market & Financial Investment News

News Breaks
February 7, 2013
16:34 EDTOFGCorrection: Oriental Financial reports Q4 EPs (53c), one estimate (8c)
$22.9M net loss in Q4 from implementation of the second phase of the deleveraging plan. Net cost of the deleveraging was $12.2M in 2012, when combined with $10.7M net profit from the plan's first phase in Q3.
News For OFG From The Last 14 Days
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August 21, 2014
08:54 EDTOFGOFG Bancorp outlook has improved, says Sterne Agee
After meeting with OFG's management, Sterne Agee thinks the stock's risk/reward ratio is attractive at current levels, given what the firm sees as its improving earning power, solid capital levels and a lower risk balance sheet relative to Puerto Rican peers. The firm keeps a $21.50 price target and Buy rating on the shares.

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