Earnings Flashback: Since Reporting Quarterly Results 2 Weeks Ago First Niagara Financial Group Is Down 6.6% (FNFG)
Comtex SmarTrend(R) - Mon May 12, 11:08AM CDT
18 days ago, on April 24th, 2014, First Niagara Financial Group (NASDAQ:FNFG) reported its earnings. Analysts, on average, expected earnings of $0.17 per share on sales of $363.6 million. The company actually reported EPS of $0.17 on sales of $376.0 million, missing EPS estimates by $0.00 and beating revenue estimates by $12.4 million. Shares of First Niagara Financial Group have slipped from $9.20 to $8.59, representing a loss of 6.6%, since the company reported earnings 18 days ago.
Banking Equities Coverage -- Research on First Niagara Financial, Susquehanna Bancshares, United Community Banks, and Webster Financial
PR Newswire - Thu May 08, 11:45AM CDT
The markets on Wednesday, May 07, 2014 ended on a mixed note as the S&P 500 finished the session 0.56% higher at 1,878.21, and the NASDAQ Composite closed at 4,067.67, down 0.32%. The Dow Jones Industrial Average finished at 16,518.54, up 0.72%. During the session, the eight out of ten sectors ended in positive. During the session gains in the Utilities, Financials and Consumer Staples sectors positively impacted the broader market, while some retraction came in from Information Technology and Consumer Discretionary sectors. The S&P 500 Financials Sector Index closed the day at 294.67, up 1.28%, with the index also advancing 2.79% in the previous three months. Investor-Edge has initiated coverage on the following equities: First Niagara Financial Group Inc. (NASDAQ: FNFG), Susquehanna Bancshares Inc. (NASDAQ: SUSQ), United Community Banks Inc. (NASDAQ: UCBI) and Webster Financial Corporation (NYSE: WBS). Free technical research on FNFG, SUSQ, UCBI and WBS can be downloaded upon signing up at:
First Niagara Investment Services' Larry Orsini Recognized as a Top 20 Program Manager
GlobeNewswire - Thu May 08, 8:31AM CDT
First Niagara Investment Services Managing Director Larry Orsini was recognized as a Top 20 Program Manager by Bank Investment Consultant (BIC), a leading financial services industry magazine. Only a select group of bank and credit union investment program managers were recipients of this prestigious recognition. The list recognizes the managers of the most productive bank and credit union-based advisors. The ranking is based upon five main factors, including average production per advisor, percentage growth of team assets from the previous year, percentage growth of team production from the previous year, the number of advisors under the manager's direct supervision and the number of licensed branch employees under the supervision of the program manager.
Why Bank Shares Are a Problem for the Stock Market
at The Street - Wed May 07, 9:28AM CDT
You can't have a bull market for stocks if shares of major banks are in a bear market. The weekly chart for the banking index is negative right now.
Capitol Federal Falls Despite Earnings Beat - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Wed Apr 30, 8:50AM CDT
Shares of Capitol Federal Financial (CFFN) fell 1.2% despite the company came out with better-than-expected fiscal second-quarter 2014 results.
Hudson City Earnings Beat Ests, Fall Y/Y - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Tue Apr 29, 11:04AM CDT
Hudson City Bancorp, Inc. (HCBK) reported yet another impressive quarter as it came out with first-quarter 2014 earnings of 9 cents per share, beating the Zacks Consensus Estimate by a penny.
First Niagara Annual Meeting of Shareholders Conference Call Available April 30, 2014
GlobeNewswire - Mon Apr 28, 3:17PM CDT
First Niagara Financial Group, Inc. (Nasdaq:FNFG), today announced that investors will have an opportunity to listen to the company's annual meeting of shareholders on Wednesday April 30, 2014 at 10:00 a.m. Eastern Time. Those wishing to listen to the meeting may dial toll-free 1-888-989-4492, Passcode: 3927454. A replay of the meeting will be available until May 30, 2014 by dialing 1-888-325-4186, passcode: 2975. Please note that those participating over the phone will be placed in listen only mode.
First Niagara Q1 Earnings in Line, Shares Drop - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Mon Apr 28, 10:10AM CDT
First Niagara (FNFG) reported first-quarter 2014 operating earnings of 17 cents per share, in line with the Zacks Consensus Estimate as well as the year-ago figure.
First Niagara Financial Group, Inc. Declares Quarterly Dividend
GlobeNewswire - Fri Apr 25, 9:42AM CDT
First Niagara Financial Group, Inc. (Nasdaq:FNFG) today announced that the Company's Board of Directors declared a quarterly dividend of eight cents ($0.08) per share on outstanding FNFG common stock.
First Niagara Reports First Quarter 2014 Results
GlobeNewswire - Thu Apr 24, 6:15AM CDT
First Quarter Highlights:
Photo Release -- First Niagara Announces Michael Kelly as Managing Director, Enterprise Program Management Office
GlobeNewswire - Wed Apr 23, 9:22AM CDT
First Niagara Financial Group, Inc. (Nasdaq:FNFG) announced the appointment of Michael Kelly as Managing Director, Enterprise Program Management Office. The company's Enterprise Program Management Office (EPMO) is a centralized, enterprise-wide function which oversees the approval and implementation of new products and services, business initiatives and project portfolios. It is a key resource to enable First Niagara to manage and execute its strategic business investments focused on building products and services, features and functionality to better serve customers.
Upcoming Earnings Releases -- Research on First Niagara Financial Group, Visa, First American Financial, and Taubman Centers
PR Newswire - Tue Apr 22, 7:07AM CDT
Earningsource.com provides investors with earnings schedule updates throughout the earnings season. With timely information on past earnings performance and earnings projection for their upcoming quarterly release, our aim is to ensure shareholders and traders have an edge on their investment decisions on the following companies: First Niagara Financial Group Inc. (NASDAQ: FNFG), Visa Inc. (NYSE: V), First American Financial Corp. (NYSE: FAF) and Taubman Centers Inc. (NYSE: TCO). Full earnings notes on FNFG, V, FAF and TCO can be downloaded upon signing up at:
Washington Federal Q2 Earnings in Line - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Wed Apr 16, 8:10AM CDT
Washington Federal's second-quarter fiscal 2014 earnings (ended Mar 31) of 38 cents per share was in line with the Zacks Consensus Estimate. Moreover, the reported figure was up 11.8% from 34 cents in the prior-year quarter.
First Niagara Financial Group to Announce First Quarter Results on April 24, 2014
GlobeNewswire - Mon Apr 14, 7:08AM CDT
First Niagara Financial Group, Inc. (Nasdaq:FNFG), today announced that it will release first quarter results before the market opens on Thursday, April 24, 2014. The Company will host a conference call at 10:00 a.m. Eastern Time, during which management will discuss the Company's financial performance, followed by a question-and-answer session.
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.
First Niagara Financial Group Set to Possibly Rebound After Yesterday's Selloff of 2.45%
Comtex SmarTrend(R) - Wed Apr 09, 5:11PM CDT
First Niagara Financial Group (NASDAQ:FNFG) traded in a range yesterday that spanned from a low of $9.13 to a high of $9.26. Yesterday, the shares fell 2.5%, which took the trading range below the 3-day low of $9.16 on volume of 5.4 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
Momentum Indicators for Banking Equities -- Research on First Niagara Financial, Valley National Bancorp, Susquehanna Bancshares, and Umpqua Holdings
PR Newswire - Wed Apr 09, 9:18AM CDT
On Tuesday, April 08, 2014, the NASDAQ Composite ended at 4,112.99, up 0.81%, the Dow Jones Industrial Average finished 0.06% higher at 16,256.14, and the S&P 500 closed at 1,851.96, up 0.38%. During the session, positive momentum was observed in Utilities, Consumer Discretionary, and Energy sectors, while the Health Care, Telecommunication Services, and Industrials sectors exerted a drag. The S&P 500 Financials Sector Index advanced 0.13% to finish the day at 294.69, while the same has fallen by 2.05% in last one month. Investor-Edge has initiated coverage on the following equities: First Niagara Financial Group Inc. (NASDAQ: FNFG), Valley National Bancorp (NYSE: VLY), Susquehanna Bancshares Inc. (NASDAQ: SUSQ) and Umpqua Holdings Corp. (NASDAQ: UMPQ). Free technical research on FNFG, VLY, SUSQ and UMPQ can be downloaded upon signing up at:
Will This Downgrade Hurt First Niagara Financial Group (FNFG) Stock Today?
at The Street - Wed Apr 09, 8:24AM CDT
Barclays downgrades First Niagara Financial Group (FNFG) to 'underweight' from 'overweight,' warnings the stock could prove to be a value trap.
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.
Photo Release -- Joseph Saffire Named First Niagara Executive Vice President of Commercial Financial Services
GlobeNewswire - Mon Mar 31, 7:30AM CDT
First Niagara Financial Group (Nasdaq:FNFG) today named Joseph Saffire to serve as executive vice president, commercial financial services.