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Conference/Events
Stephens to hold a plane trip » 08:08
02/24/20
02/24
08:08
02/24/20
08:08
BANR

Banner Corp.

$53.07 /

-0.63 (-1.17%)

, FFWM

First Foundation

$16.59 /

-0.21 (-1.25%)

, FIBK

First Interstate

$39.84 /

-0.15 (-0.38%)

, GBCI

Glacier Bancorp

$43.12 /

-0.77 (-1.75%)

, HFWA

Heritage Financial

$26.76 /

-0.14 (-0.52%)

, IBTX

Independent Bank

$54.83 /

-1.83 (-3.23%)

, NBHC

National Bank

$34.19 /

-0.28 (-0.81%)

, OPB

Opus Bank

$27.80 /

+0.04 (+0.14%)

, PACW

PacWest Bancorp

$36.41 /

-0.63 (-1.70%)

, PPBI

Pacific Premier

$30.26 /

-0.25 (-0.82%)

, SIVB

SVB Financial

$261.41 /

-9.4 (-3.47%)

, TCBK

TriCo Bancshares

$37.21 /

-0.14 (-0.37%)

, UMPQ

Umpqua Holdings

$17.76 /

-0.24 (-1.33%)

, WAFD

Washington Federal

$34.61 /

-0.41 (-1.17%)

, WAL

Western Alliance

$55.91 /

-2.255 (-3.88%)

West Coast Bank Plane…

West Coast Bank Plane Trip will begin in Denver on February 24 and ends in Seattle on February 26.

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Over a week ago
Hot Stocks
Elliott adds LogMeIn, exits Devon in Q4 » 16:58
02/14/20
02/14
16:58
02/14/20
16:58
LQD

iShares iBoxx $ Investment Grade Corporate Bond

$130.98 /

+0.32 (+0.24%)

, LOGM

LogMeln

$85.51 /

+0.06 (+0.07%)

, HYG

iShares iBoxx $ High Yield Corporate Bond

$88.41 /

-0.02 (-0.02%)

, NLOK

NortonLifeLock

$20.66 /

-0.1 (-0.48%)

, AXE

Anixter

$98.25 /

-0.32 (-0.32%)

, DVN

Devon Energy

$22.81 /

-0.49 (-2.10%)

, HES

Hess Corp.

$60.34 /

+0.35 (+0.58%)

, FOXA

Fox Corp.

$37.83 /

-0.17 (-0.45%)

, COMM

CommScope

$14.52 /

+0.145 (+1.01%)

, DELL

Dell Technologies

$52.82 /

+0.27 (+0.51%)

, T

AT&T

$38.24 /

-0.1 (-0.26%)

, MPC

Marathon Petroleum

$58.32 /

-1.175 (-1.98%)

, NLSN

Nielsen

$21.39 /

-0.21 (-0.97%)

, VNO

Vornado

$67.85 /

+0.16 (+0.24%)

, OPB

Opus Bank

$28.12 /

+0.22 (+0.79%)

, CTXS

Citrix

$122.05 /

-0.96 (-0.78%)

, RILY

B. Riley Financial

$27.00 /

+0.14 (+0.52%)

, ESI

Element Solutions

$12.12 /

-0.07 (-0.57%)

, ARNC

Arconic

$33.36 /

+0.42 (+1.28%)

, EBAY

eBay

$38.17 /

+0.99 (+2.66%)

Paul Singer's…

Paul Singer's Elliott Management disclosed in an SEC filing its holdings as of December 31, 2019. The fund's five new buys during the fourth quarter included, by size of position, IShares iBoxx $ Investment Grade Corporate Bond ETF (LQD), LogMeIn (LOGM), IShares iBoxx High Yield Corporate Bond ETF (HYG), NortonLifeLock (NLOK), and Anixter (AXE). Elliott exited seven positions during the quarter, including by size of previous position Devon (DVN), Hess (HES), Fox Corp. Class A (FOXA), and CommScope (COMM). The fund increased its stake in six holdings, including by size of previous position Dell Technologies (DELL), AT&T (T), Marathon Petroleum (MPC), Nielsen (NLSN), and Vornado Realty Trust (VNO). Elliott reduced its stake in four holdings, including by size of previous position Opus Bank (OPB), Citrix Systems (CTXS), B. Riley Financial (RILY), and Element Solutions (ESI). The fund's top holdings as of December 31, in order of size, were Arconic (ARNC), Dell Technologies, Marathon Petroleum, Citrix Systems, and eBay (EBAY).

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Downgrade
Opus Bank downgraded to Equal Weight from Overweight at Stephens » 08:34
02/06/20
02/06
08:34
02/06/20
08:34
OPB

Opus Bank

$27.51 /

+0.84 (+3.15%)

Stephens analyst Tyler…

Stephens analyst Tyler Stafford downgraded Opus Bank to Equal Weight from Overweight.

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Upgrade
Opus Bank upgraded to Overweight from Neutral at Piper Sandler » 06:06
02/05/20
02/05
06:06
02/05/20
06:06
OPB

Opus Bank

$26.67 /

+0.31 (+1.18%)

, PPBI

Pacific Premier

$29.82 /

+0.3 (+1.02%)

Piper Sandler analyst…

Piper Sandler analyst Matthew Clark upgraded Opus Bank (OPB) to Overweight from Neutral with a price target of $33, up from $26. The upgrade reflects the analyst aligning his target on Pacific Premier (PPBI) and the related exchange ratio tied to the pending acquisition.

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On The Fly
Fly Intel: Wall Street's top stories for Monday » 16:57
02/03/20
02/03
16:57
02/03/20
16:57
NKE

Nike

$99.27 /

+3 (+3.12%)

, DIS

Disney

$141.30 /

+2.985 (+2.16%)

, CMCSA

Comcast

$42.65 /

-0.54 (-1.25%)

, CMCSK

Comcast

$0.00 /

+ (+0.00%)

, GS

Goldman Sachs

$239.04 /

+1.37 (+0.58%)

, AMZN

Amazon.com

$2,003.54 /

-4.36 (-0.22%)

, TSLA

Tesla

$780.00 /

+129.52 (+19.91%)

, INSM

Insmed

$28.90 /

+8.35 (+40.63%)

, PCG

PG&E

$17.27 /

+2.06 (+13.54%)

, PPBI

Pacific Premier

$29.52 /

-0.32 (-1.07%)

, OPB

Opus Bank

$26.47 /

-0.17 (-0.64%)

, ON

ON Semiconductor

$19.91 /

-3.23 (-13.96%)

, SYY

Sysco

$76.67 /

-5.49 (-6.68%)

Stocks in the U.S.…

Open Full Text

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On The Fly
Fly Intel: Wall Street's top stories at midday » 12:05
02/03/20
02/03
12:05
02/03/20
12:05
NKE

Nike

$100.24 /

+3.97 (+4.12%)

, DIS

Disney

$140.89 /

+2.575 (+1.86%)

, GS

Goldman Sachs

$239.83 /

+2.16 (+0.91%)

, AMZN

Amazon.com

$2,020.00 /

+12.1 (+0.60%)

, INSM

Insmed

$28.89 /

+8.34 (+40.58%)

, PCG

PG&E

$16.56 /

+1.35 (+8.88%)

, LK

Luckin Coffee

$32.60 /

+0.17 (+0.52%)

, PPBI

Pacific Premier

$28.01 /

-1.83 (-6.13%)

, OPB

Opus Bank

$25.06 /

-1.58 (-5.93%)

, ON

ON Semiconductor

$20.01 /

-3.13 (-13.53%)

, SYY

Sysco

$77.05 /

-5.11 (-6.22%)

, CMCSA

Comcast

$43.09 /

-0.1 (-0.23%)

Stocks in the U.S. are…

Open Full Text

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Conference/Events
Pacific Premier to host conference call » 10:55
02/03/20
02/03
10:55
02/03/20
10:55
OPB

Opus Bank

$25.03 /

-1.61 (-6.04%)

, PPBI

Pacific Premier

$27.99 /

-1.85 (-6.20%)

Conference call to…

Conference call to discuss the acquisition of Opus Bank will be held on February 3 at 11 am. Webcast Link

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Conference/Events
Pacific Premier to host conference call » 08:55
02/03/20
02/03
08:55
02/03/20
08:55
OPB

Opus Bank

$26.64 /

-0.38 (-1.41%)

, PPBI

Pacific Premier

$29.84 /

-0.16 (-0.53%)

Conference call to…

Conference call to discuss the acquisition of Opus Bank will be held on February 3 at 11 am. Webcast Link

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Hot Stocks
Pacific Premier to acquire Opus Bank in all-stock transaction valued at $1B » 06:04
02/03/20
02/03
06:04
02/03/20
06:04
PPBI

Pacific Premier

$29.84 /

-0.16 (-0.53%)

, OPB

Opus Bank

$26.64 /

-0.38 (-1.41%)

Pacific Premier Bancorp…

Pacific Premier Bancorp (PPBI) and Opus Bank (OPB) announced they have entered into a definitive agreement under which Pacific Premier will acquire Opus in an all-stock transaction valued at approximately $1B, or $26.82 per share, based on a closing price for Pacific Premier's common stock of $29.80 as of January 31. Pacific Premier expects the transaction to be 14% accretive to EPS in 2021 with a 1.8 year earnback period to tangible book value per share based on anticipated cost savings of approximately 25%. Opus is headquartered in Irvine, California with $8B in total assets, $5.9B in gross loans and $6.5B in total deposits as of December 31, 2019. Opus operates 46 banking offices located throughout California, Washington, Oregon and Arizona. The transaction will increase Pacific Premier's total assets to approximately $20B on a pro forma basis as of December 31, 2019. Under the terms of the definitive agreement, which was approved by the Board of Directors of both companies, holders of Opus common stock will have the right to receive 0.90 shares of Pacific Premier common stock for each share of Opus common stock they own. Existing Pacific Premier shareholders will own approximately 63% of the outstanding shares of the combined company, and Opus shareholders are expected to own approximately 37%. The transaction is expected to close in the second quarter of 2020, subject to satisfaction of customary closing conditions, including regulatory approvals and shareholder approval from Pacific Premier and Opus shareholders. Opus directors who own shares of Opus common stock, executive officers and certain shareholders have entered into agreements with Pacific Premier pursuant to which they have committed to vote their shares of Opus common stock in favor of the acquisition.

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Hot Stocks
Pacific Premier to acquire Opus Bank in all-stock transaction valued at $1B  06:01
02/03/20
02/03
06:01
02/03/20
06:01
PPBI

Pacific Premier

$29.84 /

-0.16 (-0.53%)

, OPB

Opus Bank

$26.64 /

-0.38 (-1.41%)

 
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