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Stock Market & Financial Investment News

News Breaks
January 22, 2014
11:56 EDTPNFPPinnacle Financial upgraded to Outperform from Market Perform at Keefe Bruyette
Keefe Bruyette upgraded Pinnacle Financial citing the strong Q4 report. Price target raised to $40 from $30.
News For PNFP From The Last 14 Days
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January 22, 2015
10:54 EDTPNFPPinnacle Financial upgraded to Buy from Long-Term Buy at Hilliard Lyons
January 20, 2015
17:35 EDTPNFPPinnacle Financial increases dividend 4c to 12c
Pinnacle’s Board of Directors declared a 12c per share cash dividend to be paid on Feb. 27 to common shareholders of record as of the close of business on Feb. 6. The amount and timing of any future dividend payments to common shareholders will be subject to the discretion of Pinnacle’s Board of Directors. “We are pleased to provide a 4c increase in our common dividend to shareholders this quarter,” Turner said. “Despite our double-digit loan growth, since the date we initiated our common dividend we’ve continued to experience net increases in our capital ratios. This increase in our dividend should also bring us back to our target range of a 20% payout ratio over time without disrupting our prospective growth plans.”
17:34 EDTPNFPPinnacle Financial reports Q4 EPS 53c, consensus 53c
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15:21 EDTPNFPNotable companies reporting after market close
Notable companies reporting after the market close, with earnings consensus, include IBM (IBM), consensus $5.41; Netflix (NFLX), consensus 45c; CA Technologies (CA), consensus 60c; Cree (CREE), consensus 22c; Woodward (WWD), consensus 46c; Fulton Financial (FULT), consensus 21c; Advanced Micro Devices (AMD), consensus 1c; Interactive Brokers (IBKR), consensus 6c; Pinnacle Financial (PNFP), consensus 53c.

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