First Niagara Financial ( FNFG -1.8% ) slips after a two-notch downgrade to Underweight from Overweight at Barclays, with the team warning the struggling stock could prove to be a value trap. Post your comment!
Huntington ( HBAN +1.5% ), PNC ( PNC +1.3% ), BB&T ( BBT +1.5% ), Fifth Third ( FITB +1.8% ), First Niagara ( FNFG +2.1% ). Leading among the life insurers are Lincoln National ( LNC +1.9% ), Protective Life ( PL +1.6% ), Manulife
PetMed ( PETS ): "I like PETS. Someone downgraded PetSmart. I disagree with that downgrade." Bearish Calls: First Niagara ( FNFG ): "They bit off more than they could chew. So many regional banks are better. They did a lot of good things, but
Hanesbrands, Inc. , CareFusion Corp. , Express Scripts Inc. , Tempur-Pedic International, Inc. , and First Niagara Financial Group , Inc. , as we believe these securities trade at a discount to our estimate of intrinsic value. We initiated
(Reuters) - First Niagara Financial Group Inc will sell 37 HSBC Holdings Plc locations that it bought last year, along with $2.4 billion in deposits, to KeyCorp for $110 million to clear antitrust...
the stock, but the managers are sticking with it, saying it looks inexpensive based on its assets. First Niagara Financial Group FNFG , another poor performer, still has the managers' support as well. The bank stands to benefit from
gave managers Tom Perkins and Jeff Kautz the chance to add to struggling names such as Ameriprise AMP, First Niagara Financial Group FNFG , and PNC Financial Services PNC. Although the fund is underweight financials relative to the Russell
limit the net headcount reduction. HSBC has also agreed to sell 195 branches, mostly in New York, to First Niagara Bank ( FNFG ) for $1B as part of its plan to pare its U.S. operations and exit non-core markets. In H1, HSBC's pretax profit edged
May 19. Bullish Calls: First Niagara ( FNFG ), BB&T ( BBT ): "'I don't want to recommend either one on a takeover basis. FNFG is expanding terrifically in Philadelphia. I want to stick by FNFG and BBT...but I still don't like
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