Cost Control Drives PNC Financial's Q1 Earnings - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Wed Apr 16, 11:37AM CDT
The PNC Financial Services Group, Inc.'s (PNC) reported an earnings surprise of almost 9.6%, which was primarily attributable to the company's cost-containment measures.
U.S. Bancorp Earnings In Line, Revs Drop - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Wed Apr 16, 9:18AM CDT
U.S. Bancorp (USB) has reported in-line results in first-quarter 2014. The company's earnings per share came in at 73 cents, flat with the year-ago period results as well as the Zacks Consensus Estimate.
Higher Costs Drag on Northern Trust Earnings - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Tue Apr 15, 2:34PM CDT
Higher expenses led Northern Trust Corp. to report first-quarter 2014 earnings of 75 cents per share, missing the Zacks Consensus Estimate of 78 cents.
Wintergreen Advisers Urges All Investors to Review Coca-Cola's 2014 Equity Plan Before Voting
Business Wire - Tue Apr 15, 6:00AM CDT
As investors prepare to cast their proxy ballots ahead of the Coca-Cola Company (NYSE:KO) annual shareholders' meeting on April 23, David Winters, CEO of Wintergreen Advisers, today sent the following letter to Coca-Cola's top 25 institutional shareholders, urging them to carefully review the Coca-Cola 2014 equity plan before they vote.
Technical Coverage on Capital Market Equities -- Research on WisdomTree Investments, American Capital, State Street, and Och-Ziff Capital Management
PR Newswire - Mon Apr 14, 7:29AM CDT
On Friday, April 11, 2014, the NASDAQ Composite ended at 3,999.73, down 1.34%, the Dow Jones Industrial Average declined 0.89% to 16,026.75, and the S&P 500 closed at 1,815.69, down 0.95%. The losses were broad based as all the 10 sectors ended the session in negative. The S&P 500 Financials Sector Index finished the day at 286.83, down 1.17%, and the same has lost 2.21% in the last one month. Investor-Edge has initiated coverage on the following equities: WisdomTree Investments Inc. (NASDAQ: WETF), American Capital Ltd (NASDAQ: ACAS), State Street Corp. (NYSE: STT) and Och-Ziff Capital Management Group LLC (NYSE: OZM). Free technical research on WETF, ACAS, STT and OZM can be downloaded upon signing up at:
New Tools and Platforms, Upcoming Earnings Results, and Stockholders' Meeting - Analyst Notes on Discover Financial Services, State Street, Regions Financial, T. Rowe Price Group, and SLM
PR Newswire - Thu Apr 10, 11:04AM CDT
Today, Analysts Review released its analysts' notes regarding Discover Financial Services (NYSE: DFS), State Street Corp. (NYSE: STT), Regions Financial Corp. (NYSE: RF), T. Rowe Price Group, Inc. (NASDAQ: TROW), and SLM Corporation (NASDAQ: SLM). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.AnalystsReview.com/register
Crunching the Numbers on Bank Earnings Season: JP Morgan, Wells Fargo, Citi
at The Street - Thu Apr 10, 7:23AM CDT
All regional and money center banks report their quarterly results in April. 'Too big to fail' JP Morgan and Wells Fargo begin this earnings wave before the opening bell on Friday.
Tougher Capital Rules for 8 Banks - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Wed Apr 09, 3:00PM CDT
Recently, the U.S. banking regulators finalized stricter borrowing rules for 8 most systemically significant U.S. banking organizations. The tougher rules require the banks to be dependent more on equity capital than on debt and riskier assets.
Feds Move Forward With Tougher Bank Debt Limit
at The Street - Wed Apr 09, 8:55AM CDT
The FDIC's Gruenberg said the cap is the most "significant" step towards reducing systemic risk.
Proposed Sale, Management Views, New Product Launches, Survey Results, and Upcoming Results and Conference Calls- Analyst Notes on Goldman, Charles Schwab, American Express, Zillow, and State Street
PR Newswire - Wed Apr 09, 7:00AM CDT
Today, Analysts Review released its analysts' notes regarding The Goldman Sachs Group Inc. (NYSE: GS), Charles Schwab Corp. (NYSE: SCHW), American Express Company (NYSE: AXP), Zillow Inc. (NASDAQ: Z), and State Street Corporation (NYSE: STT). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.AnalystsReview.com/register
Earnest Partners Launches a UCITS; Expands Access to Investment Strategies
Business Wire - Tue Apr 08, 10:40AM CDT
Responding to strong demand from overseas investors, EARNEST Partners is pleased to announce the launch of an offshore vehicle to meet such demand. The UCITS will offer European, Asian, and other non-U.S. investors the ability to easily access a suite of EARNEST Partners' equity strategies. The firm has been managing equities since 1999.
Mega-Chart! Regional Bank Earnings Season
at The Street - Thu Apr 03, 10:42AM CDT
JPMorgan Chase, Wells Fargo and Commerce Bancshares begin earnings season for the 24 regional banks in the KBW Banking Index next week.
Dicker: Drill Down for Profits With Oil Services ETF
at The Street - Thu Apr 03, 4:01AM CDT
Land-based oil drilling companies are gushing profits and this is creating a mammoth opportunity for oil services companies, says Dan Dicker.
Four Dividend Stocks Shaping Constructive Patterns
at Investor's Business Daily - Wed Apr 02, 5:11PM CDT
Some dividend stocks in the Finance-Investment Management group either recently shaped or appear to be shaping first-stage bases. A rising stock will interrupt its advance to consolidate, ideally shaping a base. Breakouts from the first or second...
State Street Corporation Announces Date for Release of First-Quarter 2014 Financial Results and Conference Call Webcast
Business Wire - Mon Mar 31, 3:27PM CDT
State Street Corporation (NYSE:STT) plans to release its first-quarter 2014 financial results on Friday, April 25, 2014, followed by a related Internet broadcast of a conference call at 9:30 a.m. EDT that day.
Next Support Level for State Street (STT) is $67.25
Comtex SmarTrend(R) - Thu Mar 27, 1:14PM CDT
Shares of State Street (NYSE:STT) have bearishly opened below the pivot of $69.33 today and have reached the first support level of $67.95. Investors may be interested in a cross of the next downside pivot targets of $67.25 and $65.17.
Stress Test Results: 25 Banks Triumph, 5 Disqualify - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Thu Mar 27, 8:30AM CDT
After the release of the Dodd-Frank Act supervisory stress test 2014 (DFAST 2014) results last week, the Federal Reserve approved the capital plans of 25 financial institutions out of 30 in the Comprehensive Capital Analysis and Review (CCAR).
State Street's board authorises common stock purchase of up to USD1.7bn
M2 - Thu Mar 27, 7:18AM CDT
The board of directors for State Street Corporation (NYSE:STT), a US-based provider of financial services, authorised a new common stock purchase programme of up to USD1.7bn of its common stock till 31 March 2015, reinforcing the company's priority to return capital to its shareholders, it disclosed on Wednesday.
State Street Corporation Announces Authorization to Purchase up to $1.7 Billion of Its Common Stock
Business Wire - Wed Mar 26, 4:21PM CDT
State Street Corporation (NYSE:STT) today announced that its Board of Directors has approved a new common stock purchase program authorizing the purchase of up to $1.7 billion of its common stock through March 31, 2015, reinforcing the Company's priority to return capital to its shareholders. This new common stock purchase program authorization follows the 2014 Comprehensive Capital Analysis and Review (CCAR) process under which the Federal Reserve Board reviewed State Street's 2014 capital plan and did not object to the Company's requested capital actions.
Fitch Affirms Support Ratings and Support Rating Floors for BNY Mellon, State Street and Wells Fargo
Business Wire - Wed Mar 26, 1:53PM CDT
Fitch Ratings has affirmed the Support Ratings (SRs) and Support Rating Floors (SRFs) at '1' and 'A', respectively, for Bank of New York Mellon Corporation (BK), State Street Corporation (STT), and Wells Fargo & Company (WFC). The rating actions have been taken in conjunction with a review of support for banks globally.