Breaking News Instant updates and real-time market news.

CUBI

Customers Bancorp

$18.27

0.16 (0.88%)

16:42
12/10/18
12/10
16:42
12/10/18
16:42

Customers Bancorp intends to repurchase $15.8M in stock under existing plan

Customers Bancorp announced that it intends to repurchase up to $15.8M of common stock under its existing 2013 repurchase program. Customers' CEO Jay Sidhu added ''We believe our shares are significantly undervalued at current prices and the Board considers share repurchases a good use of excess capital today. We are eager to get started; once we have completed the existing authorization, our Board will evaluate possible additional authorizations.'' Customers' CFO Carla Leibold added ''we are still on track to report 10 basis points to 15 basis points of net interest margin expansion this quarter and financial results that are in line with the current consensus range. Longer term, we are working towards $4.00 of earnings per share in the next three to four years.''

  • 10

    Dec

CUBI Customers Bancorp
$18.27

0.16 (0.88%)

11/08/18
RILY
11/08/18
DOWNGRADE
Target $23
RILY
Neutral
Customers Bancorp downgraded to Neutral from Buy at B. Riley FBR
B. Riley FBR analyst Steve Moss downgraded Customers Bancorp to Neutral and lowered his price target for the shares to $23 from $29. The analyst sees "too many moving pieces" and limited earnings visibility.
10/30/18
MAXM
10/30/18
NO CHANGE
Target $38
MAXM
Buy
Customers Bancorp price target lowered to $38 from $46 at Maxim
Maxim analyst Steven Chercover lowered his price target on Customers Bancorp to $38. The analyst cites the company's Analyst Day announcement that the BankMobile spin/merge with Flagship Community Bank will not take place at this time due to Federal Reserve Board non-approval as well as the net interest margin contraction of 15bps reported in its Q3 earnings last week. Chercover also kept his Buy rating on Customers Bancorp, adding that the bank's valuation is in line with the "multiples of the high-quality small-cap banks" that he follows.
10/26/18
BOSC
10/26/18
UPGRADE
BOSC
Outperform
Customers Bancorp upgraded to Outperform from Neutral at Boenning & Scattergood
10/15/18
SDLR
10/15/18
UPGRADE
Target $26.5
SDLR
Buy
Customers Bancorp upgraded to Buy from Hold at Sandler O'Neill
Sandler O'Neill analyst Frank Schiraldi upgraded Customers Bancorp to Buy with a $26.50 price target. With the stock now trading below tangible book and the company delivering a "positive earnings stream" with "no obvious industry credit concerns on the horizon," Customers offers a good risk/reward profile at current levels, Schiraldi tells investors in a research note.

TODAY'S FREE FLY STORIES

APOG

Apogee Enterprises

$38.48

(0.00%)

06:44
11/12/19
11/12
06:44
11/12/19
06:44
Hot Stocks
Apogee Enterprises announces Cooperation Agreement with Engaged Capital »

Apogee Enterprises…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

CNVVY

ConvaTec

$0.00

(0.00%)

06:42
11/12/19
11/12
06:42
11/12/19
06:42
Initiation
ConvaTec initiated  »

ConvaTec re-initiated…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

SE

Sea Limited

$30.97

-0.74 (-2.33%)

06:42
11/12/19
11/12
06:42
11/12/19
06:42
Earnings
Sea Limited raises FY19 adjusted revenue view to $1.7B-$1.8B from $1.6B-$1.7B »

The company said,…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 12

    Nov

SFIX

Stitch Fix

$20.90

-0.95 (-4.35%)

06:41
11/12/19
11/12
06:41
11/12/19
06:41
Recommendations
Stitch Fix analyst commentary  »

Stitch Fix price target…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

FSNUY

Fresenius SE

$0.00

(0.00%)

06:41
11/12/19
11/12
06:41
11/12/19
06:41
Initiation
Fresenius SE initiated  »

Fresenius SE re-initiated…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

FLR

Fluor

$18.88

0.075 (0.40%)

, XOM

Exxon Mobil

$70.29

-0.5 (-0.71%)

06:41
11/12/19
11/12
06:41
11/12/19
06:41
Hot Stocks
Fluor poised to deliver Esso Fawley Strategy Project in UK for Exxon Mobil »

Fluor (FLR) announced…

FLR

Fluor

$18.88

0.075 (0.40%)

XOM

Exxon Mobil

$70.29

-0.5 (-0.71%)

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

SE

Sea Limited

$30.97

-0.74 (-2.33%)

06:40
11/12/19
11/12
06:40
11/12/19
06:40
Earnings
Breaking Earnings news story on Sea Limited »

Sea Limited reports Q3…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 12

    Nov

DVA

DaVita

$69.38

-0.47 (-0.67%)

06:39
11/12/19
11/12
06:39
11/12/19
06:39
Initiation
DaVita initiated  »

DaVita re-initiated with…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

ARCC

Ares Capital

$18.54

0.025 (0.14%)

06:39
11/12/19
11/12
06:39
11/12/19
06:39
Initiation
Ares Capital initiated  »

Ares Capital resumed with…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

SURF

Surface Oncology

$1.63

-0.11 (-6.32%)

06:38
11/12/19
11/12
06:38
11/12/19
06:38
Earnings
Surface Oncology reports Q3 EPS (61c), consensus (58c) »

"The Surface…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 18

    Nov

SNN

Smith & Nephew

$42.29

-0.19 (-0.45%)

06:38
11/12/19
11/12
06:38
11/12/19
06:38
Initiation
Smith & Nephew initiated  »

Smith & Nephew…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

AMAT

Applied Materials

$56.60

0.58 (1.04%)

06:38
11/12/19
11/12
06:38
11/12/19
06:38
Recommendations
Applied Materials analyst commentary  »

Applied Materials price…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 14

    Nov

  • 20

    Nov

  • 09

    Dec

  • 09

    Dec

LIN

Linde plc

$202.33

-0.67 (-0.33%)

06:37
11/12/19
11/12
06:37
11/12/19
06:37
Earnings
Linde plc raises FY19 adj. EPS to $7.25-$7.30 from $6.95-$7.18, consensus $7.12 »

This range includes an…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 12

    Nov

SAGE

Sage Therapeutics

$144.37

-2.25 (-1.53%)

06:36
11/12/19
11/12
06:36
11/12/19
06:36
Hot Stocks
Sage Therapeutics sees end of year balance of $950M in cash and equivalents. »

Based on its current…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 12

    Nov

ATV

Acorn International

$17.90

0.4 (2.29%)

06:35
11/12/19
11/12
06:35
11/12/19
06:35
Hot Stocks
Acorn International to sell Zhuhai Acorn for $1.45M in cash »

Acorn International…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

SAGE

Sage Therapeutics

$144.37

-2.25 (-1.53%)

06:35
11/12/19
11/12
06:35
11/12/19
06:35
Earnings
Sage Therapeutics reports Q3 EPS ($3.48), consensus ($3.36) »

Reports Q3 revenue $3.6M,…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 12

    Nov

LIN

Linde plc

$202.33

-0.67 (-0.33%)

06:35
11/12/19
11/12
06:35
11/12/19
06:35
Earnings
Linde plc reports Q3 adj. EPS $1.94, consensus $1.78 »

Reports Q3 revenue $7B,…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 12

    Nov

DHI

D.R. Horton

$52.65

1.535 (3.00%)

06:35
11/12/19
11/12
06:35
11/12/19
06:35
Hot Stocks
D.R. Horton reports Q4 Homes closed increased 9% to 16,024 homes »

Q4 homes closed increased…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 12

    Nov

DHI

D.R. Horton

$52.65

1.535 (3.00%)

06:33
11/12/19
11/12
06:33
11/12/19
06:33
Earnings
D.R. Horton sees FY20 revenue $18.5B-$19B, consensus $18.58B »

Sees FY20: Homes closed…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 12

    Nov

TSLX

TPG Specialty Lending

$21.49

-0.06 (-0.28%)

06:33
11/12/19
11/12
06:33
11/12/19
06:33
Initiation
TPG Specialty Lending initiated  »

TPG Specialty Lending…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

PSN

Parsons

$37.81

-0.36 (-0.94%)

06:33
11/12/19
11/12
06:33
11/12/19
06:33
Earnings
Parsons reports Q3 adj. EPS 53c, consensus 21c »

Reports Q3 revenue $1B,…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 12

    Nov

  • 12

    Nov

  • 10

    Dec

AAP

Advance Auto Parts

$168.41

1.17 (0.70%)

06:33
11/12/19
11/12
06:33
11/12/19
06:33
Earnings
Advance Auto Parts reaffims FY19 revenue view $9.650-$9.750B, consensus $9.72B »

Lowers higher end of…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 12

    Nov

  • 09

    Dec

DHI

D.R. Horton

$52.65

1.535 (3.00%)

06:32
11/12/19
11/12
06:32
11/12/19
06:32
Hot Stocks
D.R. Horton raises quarterly dividend 17% to 17.5c per share »

The dividend is payable…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 12

    Nov

OGI

Organigram

$3.38

-0.28 (-7.65%)

06:31
11/12/19
11/12
06:31
11/12/19
06:31
Downgrade
Organigram rating change  »

Organigram downgraded to…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 12

    Nov

  • 12

    Nov

DHI

D.R. Horton

$52.65

1.535 (3.00%)

06:30
11/12/19
11/12
06:30
11/12/19
06:30
Earnings
D.R. Horton reports Q4 EPS $1.35, consensus $1.25 »

Reports Q4 revenue…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 12

    Nov

Get Full Fly Access

Breaking market intelligence sent straight to you
Our team of experts analyze every news story and filter out the noise to deliver real-time market moving news.
Up-to-date information on important industry events
Get real-time updates on events that are moving the market—from conferences and calls to syndicate announcements.
News focused on the companies in your portfolio
Create up to 12 portfolios with 150 stocks each, and see how active they are in market news.