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Stock Market & Financial Investment News

News Breaks
March 21, 2014
11:29 EDTRF, FHN, STISwipe fee cap positive for SunTrust, Regions, First Horizon, says Wells Fargo
Wells Fargo said reports that an appeals court has upheld the Federal Reserve's 21c cap for debit card swipe fees is positive for banks with the highest exposure to those fees, including SunTrust (STI), Regions Financial (RF), and First Horizon (FHN).
News For RF;FHN;STI From The Last 14 Days
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September 19, 2014
10:06 EDTFHNOn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: American Eagle (AEO) upgraded to Buy from Neutral at Goldman... Concur (CNQR) upgraded to Neutral from Sell at Goldman... Continental Resources (CLR) upgraded to Buy from Neutral at Global Hunter... Deutsche Telekom (DTEGY) upgraded to Buy from Neutral at Citigroup... DuPont (DD) upgraded to Buy from Hold at BGC Financial... First Horizon (FHN) upgraded to Outperform from Market Perform at Raymond James... Francesca's (FRAN) upgraded to Buy from Neutral at Buckingham... Guess (GES) upgraded to Neutral from Underperform at Buckingham... National CineMedia (NCMI) upgraded to Outperform from Market Perform at FBR Capital... Patterson-UTI Energy (PTEN) upgraded to Overweight from Equalweight at Capital One... SABMiller (SBMRY) upgraded to Neutral from Reduce at Nomura... Synovus (SNV) upgraded to Strong Buy from Outperform at Raymond James... Texas Capital (TCBI) upgraded to Buy from Hold at Wunderlich... VF Corp. (VFC) upgraded to Buy from Hold at KeyBanc... Zions Bancorp (ZION) upgraded to Strong Buy from Outperform at Raymond James.
08:24 EDTFHNFirst Horizon upgraded to Outperform from Market Perform at Raymond James
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September 17, 2014
07:28 EDTFHNStephens to hold a forum
4th Annual Bank CEO Forum to be held in Little Rock, Arkansas on September 17-18.
September 9, 2014
14:37 EDTRFRegions Financial sees FY14 adjusted expenses lower than last year
Comment made in slides presentation prepared for Barclays Global Financial Services Conference.
11:22 EDTSTISunTrust sees modest decline potential in cyclical costs, other expenses
Says committed to maintaining strong expense discipline. Says that there is potential for modest declines in cyclical costs and other credit-related expenses. Believes company's size is an advantage. In terms of the company's consumer banking and private wealth management area, it looks to grow wealth management, optimize the delivery model, increase consumer lending production and continue to improve retail productivity. Says that there is further potential in improving the company's overall return profile and capital return to shareholders. Comments take from the company's slide presentation at the Barclays 2014 Global Financial Services Conference.
September 8, 2014
07:24 EDTRF, STIBarclays to hold a conference
Global Financial Services Conference to be held in New York on September 8-10.

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