New Strong Sell Stocks for June 2nd
Swarup Gupta - Zacks Investment Research - Thu Jun 02, 9:06AM CDT
Here are 5 stocks added to the Zacks Rank #5 (Strong Sell) List for Thursday
REGI: 8.89 (+0.31), PLUS: 84.47 (+0.49), NWY: 1.52 (+0.01), CPPL: 15.20 (+0.16), MOFG: 29.70 (+0.44)
Will Insiders Be Tempted To Buy More MOFG At The New 52-Week Low?
TheOnlineInvestor.com - Fri Jan 15, 12:28PM CST
In trading on Friday, shares of MidWestOne Financial Group, Inc. touched a new 52-week low of $26.83/share.
MOFG: 29.70 (+0.44)
BNY Mellon (BK) Focused on Cost Control; Time to Hold? - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Mon Jun 29, 3:10PM CDT
On Jun 26, we issued an updated research report on The Bank of New York Mellon Corporation (BK). Shares of this N.Y.-based major regional bank have recorded a year-to-date return of 7.2%.
KEY: 11.99 (+0.42), CBSH: 48.84 (+1.45), BK: 41.54 (+0.94), MOFG: 29.70 (+0.44)
Comerica (CMA) Adequately Capitalized; Time to Hold? - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Fri Jun 26, 10:50AM CDT
On Jun 25, we issued an updated research report on Comerica Incorporated (CMA). Shares of this Texas-based major regional bank have recorded a year-to-date return of 14.2%.
KEY: 11.99 (+0.42), CBSH: 48.84 (+1.45), CMA: 44.48 (+1.90), MOFG: 29.70 (+0.44)
Fifth Third Hits 52-Week High on Cost-Save Measures - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Wed Jun 24, 9:40AM CDT
Shares of Fifth Third Bancorp (FITB) crafted a new 52-week high, touching $21.90 on Jun 23. The stock of this diversified financial services provider closed the session a notch lower at $21.69, reflecting a year-to-date return of 8.1%.
FITB: 19.11 (+0.67), CBSH: 48.84 (+1.45), CMA: 44.48 (+1.90), MOFG: 29.70 (+0.44)
MidWest One Financial Group (MOFG) in Focus: Stock Up 6.6% - Tale of the Tape
Zacks Equity Research - Zacks Investment Research - Wed Jun 17, 7:44AM CDT
MidWest One Financial Group, Inc. (MOFG) was a big mover last session, as the company saw its shares rise nearly 7%
HTLF: 35.37 (+1.05), MOFG: 29.70 (+0.44)
Itau Unibanco to Curb Costs with New $1.5B Data Center - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Mon Mar 16, 2:56PM CDT
Brazil's largest bank, Itau Unibanco Holding S.A. (ITUB) invested nearly $1.5 billion (BRL 3.3 billion) to set up a new data center in the south-eastern city of Mogi Mirim. The new facility, equipped to process significantly higher volumes, will help control the company's expense level.
PNFP: 50.98 (+1.70), ITUB: 8.98 (+0.46), CHFC: 39.29 (+1.23), MOFG: 29.70 (+0.44)
JPMorgan (JPM) to Redeem $1.5B Worth of TruPS - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Mon Mar 02, 3:55PM CST
On Friday, JPMorgan Chase & Co. (JPM) announced the redemption of trust preferred securities (TruPS) worth $1.5 billion. The securities to be fully redeemed include 6.70% Capital Securities, Series CC.
NTRS: 71.54 (+2.15), JPM: 64.05 (+1.34), HTLF: 35.37 (+1.05), MOFG: 29.70 (+0.44)
Ares Capital's (ARCC) Q4 Earnings Beat, Revenues Up Y/Y - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Mon Mar 02, 8:50AM CST
Ares Capital Corporation (ARCC) gained nearly 1.6% following the fourth-quarter and full-year 2014 earnings release before the opening bell on Feb 26. Core earnings for the quarter came in at 42 cents per share, beating the Zacks Consensus Estimate by 7.7%.
ACAS: 16.00 (+0.05), ITG: 16.62 (+0.57), ARCC: 14.44 (+0.16), MOFG: 29.70 (+0.44)
American Capital Q4 Earnings Miss Estimates on High Costs - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Wed Feb 25, 9:10AM CST
American Capital, Ltd. (ACAS) reported fourth-quarter 2014 net operating income per share of 12 cents, missing the Zacks Consensus Estimate by 5 cents. Moreover, results compared unfavorably with the prior-year quarter earnings of 14 cents.
ACAS: 16.00 (+0.05), ITG: 16.62 (+0.57), JMP: 5.64 (+0.10), MOFG: 29.70 (+0.44)
Freddie Mac Reports Disappointing Q4 Earnings, Shares Down - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Mon Feb 23, 9:10AM CST
Shares of Federal Home Loan Mortgage Corporation (FMCC) or Freddie Mac fell 5.30% following disappointing fourth-quarter 2014 results. Though the company reflected its 13th consecutive quarter of positive earnings, net income of $0.2 billion was down from $2.1 billion in the prior quarter.
CHFC: 39.29 (+1.23), MOFG: 29.70 (+0.44)
Associated Banc-Corp Closes Merger with Ahmann & Martin - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Thu Feb 19, 11:30AM CST
Associated Banc-Corp (ASB) announced the timely closure of its merger deal with the Minnesota-based risk and benefits consulting firm, Ahmann & Martin Co. Both parties had entered into a definitive merger agreement on Jan 16.
ASB: 18.19 (+0.66), HTLF: 35.37 (+1.05), CHFC: 39.29 (+1.23), MOFG: 29.70 (+0.44)
Huntington Bancshares Depicts Uptrend: Should You Hold? - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Tue Feb 17, 4:16PM CST
On Feb 9, 2014, we issued an updated research report on Huntington Bancshares Inc. (HBAN). Shares of this Midwest bank have gained 20.1% in a year's time.
HBAN: 9.43 (+0.21), BAC: 14.04 (+0.43), CHFC: 39.29 (+1.23), MOFG: 29.70 (+0.44)
2 Midwestern Banks I'm Buying Now
Anand Chokkavelu, CFA, The Motley Fool - Motley Fool - Mon Dec 29, 1:55PM CST
As someone who grew up in the Buckeye State, I do have a soft spot for most things Midwest. That disclaimer out of the way, it's for pure investment reasons that I'm buying more shares of two Midwest banks for the the real-money portfolio I run...
FITB: 19.11 (+0.67), MOFG: 29.70 (+0.44)