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Stock Market & Financial Investment News

News Breaks
March 18, 2014
07:08 EDTUMPQUmpqua Holdings downgraded at RBC Capital
As noted earlier, RBC Capital downgraded Umpqua to Sector Perform from Outperform. The firm thinks the company's core earnings outlook has weakened, and does not expect its Sterling acquisition to impact its earnings significantly until later this year. Target to $20 from $22.
News For UMPQ From The Last 14 Days
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October 15, 2014
16:21 EDTUMPQUmpqua Holdings reports Q3 adjusted EPS 30c, consensus 29c
The provision for non-covered loan losses was $14.4M for Q3, down from $15.4M for Q2. The allowance for non-covered loan losses was $107.8M, or 0.72% of non-covered loans and leases, as of September 30. As of September 30, the company’s tangible book value per common share was $8.78.
15:28 EDTUMPQNotable companies reporting after market close
Notable companies reporting after the market close, with earnings consensus, include American Express (AXP), consensus $1.36; eBay (EBAY), consensus 67c; Kinder Morgan (KMI), consensus 34c; Kinder Morgan Energy Partners (KMP), consensus 64c; Kinder Morgan Management (KMR), consensus 58c; El Paso Pipeline Partners (EPB), consensus 39c; Netflix (NFLX), consensus 93c; United Rentals (URI), consensus $2.08; Navient (NAVI), consensus 52c; Las Vegas Sands (LVS), consensus 58c; Umpqua Holdings (UMPQ), consensus 29c; Astoria Financial (AF), consensus 16c; Rambus (RMBS), consensus 5c.

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