Company Overview and News
It took some coaxing, but when push came to shove later on the day on Thursday, it was the bulls doing most of the shoving. The S&P 500 ended the day at 2827.22, up 0.49%, led by Apple (NASDAQ:AAPL) and Advanced Micro Devices (NASDAQ:AMD). The technology trade is back “on,” and those two names have been the most reliable leaders of late.
HBAN GPRO HBANN HBANO HBANP AAPL FCX RCL AMD
All investors love getting big returns from their portfolio, whether it's through stocks, bonds, ETFs, or other types of securities. But when you're an income investor, your primary focus is generating consistent cash flow from each of your liquid investments.
HBAN CWH HBANN HBANO HBANP
Greetings and welcome to the Huntington Bancshares' Second Quarter Earnings Conference Call. At this time, all participants are in a listen-only mode. A question-and-answer session will follow the formal presentation. As a reminder, this conference is being recorded.
HBAN HBANN HBANO HBANP DB MS
Huntington Bancshares (HBAN - Free Report) reported second-quarter 2018 earnings per share of 30 cents, beating the Zacks Consensus Estimate by a penny. Also, the figure came in higher than the prior-year quarter adjusted earnings of 26 cents.
HBANN SBNY HBANO HBANP DB WBSFW SBNYW RF HBAN WBS CIT
Have you been eager to see how Huntington Bancshares Incorporated (HBAN - Free Report) performed in Q2 in comparison with the market expectations? Let’s quickly scan through the key facts from this Ohio-based bank’s earnings release this morning:
HBAN HBANN HBANO HBANP MS
Huntington Bancshares (HBAN - Free Report) is scheduled to report second-quarter 2018 results on Jul 25, before the opening bell. The company’s results are projected to reflect year-over-year growth in revenues and earnings. In the last reported quarter, the company’s earnings were in line with the Zacks Consensus Estimate. Higher revenues, continued growth in both loan and deposit balances, and lower provisions were among the positives.
HBAN HBANN HBANO HBANP LMHA SIVB CFR LMHB LM
Most banks that reported second-quarter 2018 results this week managed to record bottom-line improvement on the back of rising rates, lower provisions and improved trading activities. This also led to positive price movement for most bank stocks over the last five trading days. In addition to the benefits from higher interest rates, banks’ results mirrored a marginal upswing in loans. Moreover, the results display eased margin pressure.
WFCNP HBANN ZIONW HBANO HBANP FITBI PB BAC USB ZBK ZION BKU WFC BAC C HBAN FITB CFR ZIONZ
Associated Banc-Corp’s (ASB - Free Report) second-quarter 2018 earnings of 50 cents per share surpassed the Zacks Consensus Estimate of 48 cents. Also, the figure compares favorably with the prior-year quarter’s earnings of 36 cents. The reported quarter’s earnings included acquisition-related costs in connection with the Bank Mutual deal. Excluding the acquisition-related costs, adjusted earnings for the quarter were 53 cents per share.
HBANN HBANO HBANP BKMU ASB-D ASB-C PB HBAN BKU ASB
Chicago, IL – July 11, 2018 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include M&T Bank Corp. (MTB - Free Report) , Customers Bancorp, Inc. (CUBI - Free Report) , Metropolitan Bank Holding Corp. (MCB - Free Report) and Triumph Bancorp, Inc.
LPLA WFCNP MOV HBANN HBANO HBANP IBKR CUBS RF MOVAA SFIX LSTR HOLI FITBI TBK STI-A MCB WFC SCHN HBAN STI CUBI FITB PETS URBN
While banks are gearing up for the Q2 earnings season, the Federal Reserve has given clean bills of health to majority of the large American banks. Strong jobs numbers, in fact, raised the possibility of further rate hikes which bodes well for banks.
WFCNP HBANN HBANO HBANP MTB CUBS RF FITBI TBK STI-A MCB WFC HBAN STI JPM CUBI FITB
Discover Financial Services (DFS - Free Report) recently announced that it has been notified by the Board of Governors of the Federal Reserve System that the regulatory body has no objections to the company’s capital actions through Jun 30, 2019. Per the company’s capital plan, it would increase its next quarterly dividend from 35 cents to 40 cents per share of common stock. During the four quarters ending Jun 30, 2019, it has also approved a share repurchase of up to $1.
HBANN HBANO DFS HBANP COF-P COF HBAN COF-D COF-C COF-F
One sector that was absolutely demolished in the most recent quarter was the financials, and with second-quarter earnings right around the corner, there could be some very positive tailwinds for the sector as we start the third quarter. With the market seemingly in a very precarious position, despite the fact that the economy looks to be in the best shape in years, banks may be an outstanding buy.
WFCNP HBANN HBANO HBANP DB STI-A WFC HBAN STI
If you’re looking for a high-yielding bank stock, among those most likely to survive the next financial meltdown, check out Huntington Bancshares Inc. and KeyCorp.
WFCNP HBANN HBANO HBANP GS GLSSP WFC JBK GSC TFG GSJ HBAN GJS
2018-08-13 - Asif
Core Business At Ballard, Ballard Power Systems is building a clean energy growth company. Ballard Power Systems is recognized as a world leader in proton exchange membrane (“PEM”) fuel cell power system development and commercialization. The company's principal business is the design, development, manufacture, sale and service of PEM fuel cell products for a variety of applications, focusing on its power product markets of Heavy-Duty Motive (consisting of bus, truck, rail and marine applications), Portable Power, Material Handling and Backup Power, as well as the delivery of Technology Solutions, including engineering services, technology transfer, and the license and sale of its extensive intellectual property portfolio and fundamental knowledge for a variety of fuel cell applications. A fuel cell is an environmentally clean electrochemical device that combines hydrogen fuel with oxygen (from the air) to produce electricity. The hydrogen fuel can be obtained from natural g...
2018-08-13 - Asif
Overview Marathon Patent Group was incorporated in the State of Nevada on February 23, 2010 under the name Verve Ventures, Inc. On December 7, 2011, the company changed its name to American Strategic Minerals Corporation and were engaged in exploration and potential development of uranium and vanadium minerals business. In June 2012, the company discontinued its minerals business and began to invest in real estate properties in Southern California. In October 2012, the company discontinued its real estate business when its former CEO joined the firm and the company commenced its IP licensing operations, at which time the Company’s name was changed to Marathon Patent Group, Inc. On November 1, 2017, the company entered into a merger agreement with Global Bit Ventures, Inc. (“GBV”), which is focused on mining digital assets. Marathon Patent Group has since purchased its cryptocurrency mining machines and established a data center in Canada to mine digital assets. Following the me...
2018-08-13 - Asif
Business and Organization Endocyte, Inc. is a biopharmaceutical company and leader in developing targeted therapies for the treatment of cancer. The Company uses drug conjugation technology to create novel therapeutics and companion imaging agents for personalized targeted therapies. The agents actively target receptors that are over-expressed on diseased cells relative to healthy cells, such as prostate specific membrane antigen (“PSMA”) in prostate cancer. This targeted approach is designed to safely enable the delivery of highly potent drug payloads. The companion imaging agents are designed to identify patients whose disease over-expresses the target of the therapy and who are therefore more likely to benefit from treatment. In September 2017, the Company entered into a Development and License Agreement (the “License Agreement”) with ABX advanced biochemical compounds – Biomedizinische Forschungsreagenzien GmbH (“ABX”), pursuant to which the Company acquired exclusive ...
as of ET