Fitch Upgrades and Withdraws First Niagara FG's L-T IDR at 'A-'
BusinessWire - Fri Aug 05, 2:33PM CDT
Fitch Ratings has upgraded First Niagara Financial Group, Inc.'s (FNFG) Long-Term Issuer Default Rating (IDR) to 'A-' from 'BBB-' and the rating was subsequently withdrawn. First Niagara Bank, National Association's (FNB) Long- and Short-Term Issuer Default Ratings have been upgraded to 'A-' and 'F1' to be equalized with KeyBank N.A. FNFG and FNB's ratings had all been on Positive Watch. The Rating Outlook for FNB is now Negative, which also aligns it with KeyBank N.A.
FNFG: 10.18 (-0.02), KEY: 12.39 (-0.17)
KeyCorp Closes Acquisition Of First Niagara Financial Group
PR Newswire - Fri Jul 29, 3:15PM CDT
KeyCorp (NYSE: KEY) announced today that it has closed its acquisition of First Niagara Financial Group, Inc. (NASDAQ: FNFG) ("First Niagara"
FNFG: 10.18 (-0.02), KEY: 12.39 (-0.17)
First Niagara Reports Second Quarter 2016 Results
GlobeNewswire - Fri Jul 29, 6:00AM CDT
-- Second quarter operating earnings of $0.18 per diluted share
FNFG: 10.18 (-0.02)
Savings & Loan Stocks' Q2 Earnings Preview: FNFG, HFBC, PFS
Zacks Equity Research - Zacks Investment Research - Thu Jul 28, 7:40AM CDT
The second-quarter earnings season is in full swing now and investors are keeping a close watch on the performance of companies.
PFS: 21.40 (-0.17), FNFG: 10.18 (-0.02), HFBC: 11.45 (+0.02)
The Zacks Analyst Blog Highlights: Bank of America, Citigroup, JPMorgan Chase, KeyCorp and First Niagara Financial Group
Zacks Equity Research - Zacks Investment Research - Tue Jun 07, 8:30AM CDT
The Zacks Analyst Blog Highlights: Bank of America, Citigroup, JPMorgan Chase, KeyCorp and First Niagara Financial Group
JPM: 67.10 (-0.40), FNFG: 10.18 (-0.02), C: 47.14 (-0.60), BAC: 15.88 (-0.26), KEY: 12.39 (-0.17)
Bank Stock Roundup: Q2 Trading Outlook Positive with Likely Fed Rate Hike, BofA in Focus
Zacks Equity Research - Zacks Investment Research - Fri Jun 03, 1:54PM CDT
Over the last four trading days, major banks showed a bullish trend. Heightened expectations of a rate hike in June after the release of the minutes from the April FOMC meeting raised investors' confidence.
JPM: 67.10 (-0.40), FNFG: 10.18 (-0.02), C: 47.14 (-0.60), BAC: 15.88 (-0.26), WFC: 50.40 (-0.40), KEY: 12.39 (-0.17)
Will the KeyCorp-First Niagara Deal Face Legal Trouble?
Zacks Equity Research - Zacks Investment Research - Tue May 31, 6:56AM CDT
KeyCorp.'s (KEY) deal to acquire Buffalo, NY-based First Niagara Financial Group Inc. (FNFG) might be in trouble again as U.S. regulators have launched a probe into the latter's minority-lending practices.
FNFG: 10.18 (-0.02), BAC: 15.88 (-0.26), WFC: 50.40 (-0.40), KEY: 12.39 (-0.17)
Upgrade Alert for First Niagara Financial Group (FNFG)
Comtex SmarTrend(R) - Wed May 18, 3:11AM CDT
First Niagara Financial Group (NASDAQ:FNFG) was upgraded from Underperform to Market Perform at Raymond James today. The stock closed yesterday at $10.27 on volume of 1.9 million shares, below average daily volume of 2.3 million. There is potential upside of 4.2% for shares of First Niagara Financial Group based on a current price of $10.27 and an average consensus analyst price target of $10.70. The stock should find initial support at its 200-day moving average (MA) of $10.01 and further support at its 50-day MA of $9.94.
FNFG: 10.18 (-0.02)
Bank Stock Roundup: Q1 Earnings at the Tail End, Restructuring Dominates; Citi & SunTrust in Focus
Zacks Equity Research - Zacks Investment Research - Fri Apr 29, 2:00PM CDT
In the last five trading sessions, the euphoria of Q1 earnings beat was replaced by the continued fundamental weaknesses in banks and a challenging operating scenario.
FITB: 19.95 (-0.21), NWBI: 15.42 (-0.10), COF: 70.97 (-0.63), BBT: 38.21 (-0.29), USB: 43.96 (-0.19), FNFG: 10.18 (-0.02), STI: 43.71 (-0.36), BAC: 15.88 (-0.26), WFC: 50.40 (-0.40), KEY: 12.39 (-0.17), FNB: 12.38 (-0.11), CMA: 46.87 (-0.42)
First Niagara meets 1Q profit forecasts
Automated Insights - Fri Apr 29, 6:31AM CDT
BUFFALO, N.Y. (AP) _ First Niagara Financial Group Inc. (FNFG) on Friday reported first-quarter net income of $48.3 million.
FNFG: 10.18 (-0.02)
First Niagara Reports First Quarter 2016 Results
GlobeNewswire - Fri Apr 29, 6:01AM CDT
-- First quarter operating earnings of $0.14 per diluted share
FNFG: 10.18 (-0.02)
KeyCorp, Department of Justice, and Federal Reserve Board Agree on First Niagara Branch Divestitures
PR Newswire - Thu Apr 28, 3:19PM CDT
KeyCorp (NYSE: KEY) and First Niagara Financial Group, Inc. (NASDAQ: FNFG) announced today that they have reached an agreement with Northwest Bank, a wholly-owned subsidiary of Northwest Bancshares, Inc. (NASDAQGS: NWBI), to sell 18 branches in the Buffalo Federal Reserve banking market totaling $1.7 billion in deposits and $0.5 billion in loans. Northwest Bank's purchase includes all 18 branches slated for divestiture under Key's agreements with the United States Department of Justice (DOJ) and the Federal Reserve Board, which were entered into in connection with their review of KeyCorp's pending merger with First Niagara. Key will retain its middle market, private banking, municipal and commercial real estate client relationships within this market. The divestiture transaction is subject to the completion of the merger of KeyCorp and First Niagara, which remains subject to regulatory approvals.
NWBI: 15.42 (-0.10), FNFG: 10.18 (-0.02), KEY: 12.39 (-0.17)
Three First Niagara Directors to Join KeyCorp's Board
PR Newswire - Fri Apr 22, 7:14AM CDT
KeyCorp (NYSE: KEY) announced today that its Board of Directors has appointed Austin A. Adams, Gary M. Crosby, and Carlton L. Highsmith to KeyCorp's Board of Directors effective upon the closing of the merger of First Niagara Financial Group, Inc. ("First Niagara"
FNFG: 10.18 (-0.02), KEY: 12.39 (-0.17)
First Niagara Financial Group, Inc. Declares Quarterly Dividend
GlobeNewswire - Fri Apr 22, 7:12AM 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.
FNFG: 10.18 (-0.02)
First Niagara Financial Group to Announce First Quarter Results on April 29, 2016
GlobeNewswire - Tue Apr 12, 3:10PM CDT
First Niagara Financial Group, Inc. (NASDAQ:FNFG) today announced that it will release first quarter results before the market opens on Friday, April 29, 2016.
FNFG: 10.18 (-0.02)
KeyCorp And First Niagara Financial Group Announce Shareholder Approval Of Merger
PR Newswire - Wed Mar 23, 10:23AM CDT
KeyCorp (NYSE: KEY) and First Niagara Financial Group (NASDAQ: FNFG) announced today that each company's shareholders voted in favor of the merger between the two companies.
FNFG: 10.18 (-0.02), KEY: 12.39 (-0.17)
After Yesterday's Decline of 1.72%, First Niagara Financial Group Offers Investors Better Value
Comtex SmarTrend(R) - Wed Feb 10, 6:21PM CST
First Niagara Financial Group (NASDAQ:FNFG) traded in a range yesterday that spanned from a low of $8.89 to a high of $9.48. Yesterday, the shares fell 1.7%, which took the trading range below the 3-day low of $9.16 on volume of 11.4 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
FNFG: 10.18 (-0.02)
First Niagara Q4 Earnings Meet Estimates, Revenues Beat
Zacks Equity Research - Zacks Investment Research - Mon Feb 08, 8:30AM CST
First Niagara's fourth-quarter 2015 operating earnings of 15 cents per share came in line with the Zacks Consensus Estimate, but decreased 11.8% year over year
TLMR: 23.26 (-0.44), FNFG: 10.18 (-0.02), DCOM: 17.57 (-0.09), KEY: 12.39 (-0.17)
First Niagara Reports Fourth Quarter and Full Year 2015 Results
GlobeNewswire - Fri Feb 05, 6:30AM CST
-- Fourth quarter operating earnings of $0.15 per diluted share
FNFG: 10.18 (-0.02)