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Stock Market & Financial Investment News

News Breaks
January 17, 2014
07:00 EDTPNC, STIPNC Financial reported strong results, says Wells Fargo
After PNC (PNC) reported better than expected Q4 results, Wells Fargo increased its price target on the stock to $83-$85 from $80-$83. However, the firm continues to recommend SunTrust (STI) over PNC, as it believes that PNC will have more difficulty generating EPS growth in 2014. The firm keeps a Market Perform rating on PNC.
News For PNC;STI From The Last 14 Days
Check below for free stories on PNC;STI the last two weeks.
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July 29, 2014
07:13 EDTSTISunTrust management to meet with Deutsche Bank
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July 22, 2014
10:00 EDTSTIOn The Fly: Analyst Downgrade Summary
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05:34 EDTSTISunTrust downgraded to Equal-Weight from Overweight at Evercore
Evercore downgraded SunTrust to Equal-Weight citing the recent outperformance of shares and net interest margin headwinds. The firm lowered its price target for shares to $40 from $42.
July 21, 2014
06:04 EDTSTISunTrust reports Q2 EPS ex-items 81c, consensus 77c
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July 17, 2014
10:00 EDTPNCOn The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: 21st Century Fox (FOXA) downgraded to Buy from Strong Buy at ISI Group... Charter (CHTR) downgraded to Hold from Buy at Jefferies... Covidien (COV) downgraded to Hold from Buy at Needham... Diageo (DEO) downgraded to Underweight from Neutral at JPMorgan... GNC Holdings (GNC) downgraded to Hold from Buy at Jefferies... International Game (IGT) downgraded to Market Perform from Outperform at BMO Capital... JAVELIN Mortgage (JMI) downgraded to Market Perform from Outperform at JMP Securities... Macquarie Group (MQBKY) downgraded to Underweight from Neutral at JPMorgan... PNC Financial (PNC) downgraded to Neutral from Buy at Compass Point... PetSmart (PETM) downgraded to Sector Perform from Outperform at RBC Capital... Rexam (REXMY) downgraded to Hold from Buy at Deutsche Bank.
08:26 EDTPNCPNC Financial downgraded to Neutral from Buy at Compass Point
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July 16, 2014
12:56 EDTPNCPNC Financial downgraded to Sector Perform from Outperform at Portales
12:26 EDTPNCOn The Fly: Midday Wrap
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10:33 EDTPNCPNC Financial sees continuation of low interest rate environment
10:21 EDTPNCPNC Financial sees FY revenue under pressure, says could likely be down y/y
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09:07 EDTPNCPNC Financial sees Q3 loan loss provision $75M-$125M
Sees modest growth in loans for Q3. Sees net interest income down modestly, fee income stable. Sees Q3 noninterest expense up low single digits. Comments from slides that will be presented on the Q2 earnings conference call.
06:44 EDTPNCPNC Financial reports Q2 EPS $1.85, consensus $1.78
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July 15, 2014
15:19 EDTPNCNotable companies reporting before tomorrow's open
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