Welcome!

News Feed Item

Stocks Coverage on the Regional Banks Industry -- First Republic Bank, TCF Financial, First Niagara Financial, Susquehanna Bancshares, and Synovus Financial

Editor Note: For more information about this release, please scroll to bottom

LONDON, August 11, 2014 /PRNewswire/ --


On Friday, August 8, 2014, the NASDAQ Composite ended at 4,370.90, up 0.83%, the Dow Jones Industrial Average advanced 1.13%, to finish the day at 16,553.93, and the S&P 500 closed at 1,931.59, up 1.15%. The gains were broad based as all the sectors ended the session in positive. The S&P 500 Financials Sector Index ended the day at 301.01, up 0.97%, with the index also advancing 0.80% in the previous three trading sessions. Investor-Edge has initiated coverage on the following equities: First Republic Bank (NYSE: FRC), TCF Financial Corporation (NYSE: TCB), First Niagara Financial Group Inc. (NASDAQ: FNFG), Susquehanna Bancshares Inc. (NASDAQ: SUSQ), and Synovus Financial Corporation (NYSE:SNV). Free research on these five companies can be accessed at:  

http://investor-edge.com/register

On Friday, shares in First Republic Bank recorded a trading volume of 0.95 million shares, lower than its three months average volume of 1.23 million shares. The stock ended the day at $46.40, which was 0.45% above its previous day's closing of $46.19, and registered an intraday range of $45.92 and $46.44. Shares of the company traded at a PE ratio of 15.52. First Republic Bank's shares have lost 1.28% in the previous three trading sessions, 8.73% in the last three months and 11.37% on YTD basis. The company's stock is trading below its 50-day and 200-day moving averages of $51.53 and $51.44, respectively. Furthermore, shares of First Republic Bank have a Relative Strength Index (RSI) of 33.69. Sign up and read the free notes on FRC at:

http://www.Investor-Edge.com/FRC-11Aug2014

TCF Financial Corp.'s stock gained 1.18%, to close Friday's session at $15.44, after oscillating between $15.24 and $15.44. The stock recorded a trading volume of 1.13 million shares, above its three months average volume of 0.88 million shares. Over the last three trading days and previous three months, TCF Financial Corp.'s shares have advanced 1.38% and 0.85%, respectively. However, from the beginning of 2014, the stock has declined 4.98%. The stock is trading below its 50-day and 200-day moving averages. The stock's 50-day moving average of $16.16 is above its 200-day moving average of $16.02. Further, TCF Financial Corp.'s stock traded at a PE ratio of 15.25 and has an RSI of 38.72. The complimentary notes on TCB can be downloaded as in PDF format at:

http://www.Investor-Edge.com/TCB-11Aug2014

First Niagara Financial Group Inc.'s stock finished Friday's session 0.47% higher at $8.47. A total of 2.15 million shares were traded, which was below its three months average volume of 2.86 million shares. The stock moved between $8.36 and $8.47 during the session. Over the last one month and since the beginning of this year, First Niagara Financial Group Inc.'s shares have declined 2.87% and 20.24%, respectively. However, the stock has advanced 1.07% in the previous three trading sessions. The company's shares are trading below their 50-day and 200-day moving averages. Moreover, the stock's 200-day moving average of $9.45 is greater than its 50-day moving average of $8.69. First Niagara Financial Group Inc.'s stock traded at a PE ratio of 11.15 and has an RSI of 43.31. Register for free on Investor-Edge and access the latest research on FNFG at:

http://www.Investor-Edge.com/FNFG-11Aug2014

On Friday, shares in Susquehanna Bancshares Inc. traded between $10.06 and $10.22 before ending the session 0.05% lower at $10.13. The stock reported a trading volume of 1.15 million shares, below its three months average volume of 1.27 million shares. Shares of the company traded at a PE ratio of 11.60. Susquehanna Bancshares Inc.'s shares have lost 0.74% in the previous three trading sessions, 1.79% in the last one month and 21.14% on YTD basis. The stock is trading below its 50-day and 200-day moving averages of $10.30 and $11.15, respectively. Moreover, shares of Susquehanna Bancshares Inc. have an RSI of 44.53. The complete research on SUSQ is available for free at:

http://www.Investor-Edge.com/SUSQ-11Aug2014

Synovus Financial Corp.'s stock advanced 1.15%, to close the day at $22.87. The stock recorded a trading volume of 1.26 million shares, much below its three months average volume of 2.12 million shares. The stock oscillated between $22.53 and $22.94 during the session. Over the last three trading sessions and since the start of this year, Synovus Financial Corp.'s shares have declined 0.13% and 9.25%, respectively. However, the stock has gained 3.06% in the last three months. The company's stock is trading below its 50-day and 200-day moving averages. Synovus Financial Corp.'s 50-day moving average of $24.07 is above its 200-day moving average of $23.78. Additionally, Synovus Financial Corp. traded at a PE ratio of 17.75 and has an RSI of 36.83. Free in depth research on SNV is available at:

http://www.Investor-Edge.com/SNV-11Aug2014

About Investor-Edge.com 

At Investor-Edge, we provide our members with a simple and reliable way to leverage our economy of scale. Most investors do not have time to track all publicly traded companies, much less perform an in-depth review and analysis of the complexities contained in each situation. That's where Investor-Edge comes in. We provide a single unified platform for investors' to hear about what matters. Situation alerts, moving events, and upcoming opportunities.

===============

EDITOR'S NOTES:

===============

1. This is not company news. We are an independent source and our views do not reflect the companies mentioned.

2. Information in this release is produced on a best efforts basis by Rohit Tuli, a CFA charterholder. The content is then further fact checked and reviewed by an outsourced research provider. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below.

3. This information is submitted as a net-positive to companies mentioned, to increase awareness for mentioned companies to our subscriber base and the investing public.

4. If you wish to have your company covered in more detail by our team, or wish to learn more about our services, please contact us at pubco [at] http://www.investor-edge.com.

5. For any urgent concerns or inquiries, please contact us at compliance [at] http://www.investor-edge.com.

6. Are you a public company? Would you like to see similar coverage on your company? Send us a full investors' package to research [at] http://www.investor-edge.com for consideration.

COMPLIANCE PROCEDURE

Content is researched, written and reviewed on a best-effort basis. This document, article or report is prepared and authored by Investor-Edge, represented by Rohit Tuli, CFA. An outsourced research services provider has only reviewed the information provided by Investor-Edge in this article or report according to the procedures outlined by Investor-Edge. Investor-Edge is not entitled to veto or interfere in the application of such procedures by the outsourced provider to the articles, documents or reports, as the case may be.

NOT FINANCIAL ADVICE

Investor-Edge makes no warranty, expressed or implied, as to the accuracy or completeness or fitness for a purpose (investment or otherwise), of the information provided in this document. This information is not to be construed as personal financial advice. Readers are encouraged to consult their personal financial advisor before making any decisions to buy, sell or hold any securities mentioned herein.

NO WARRANTY OR LIABILITY ASSUMED

Investor-Edge is not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted by Investor-Edge whatsoever for any direct, indirect or consequential loss arising from the use of this document. Investor-Edge expressly disclaims any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Investor-Edge does not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.


SOURCE Investor-Edge

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
Most of the time there is a lot of work involved to move to the cloud, and most of that isn't really related to AWS or Azure or Google Cloud. Before we talk about public cloud vendors and DevOps tools, there are usually several technical and non-technical challenges that are connected to it and that every company needs to solve to move to the cloud. In his session at 21st Cloud Expo, Stefano Bellasio, CEO and founder of Cloud Academy Inc., will discuss what the tools, disciplines, and cultural...
The “Digital Era” is forcing us to engage with new methods to build, operate and maintain applications. This transformation also implies an evolution to more and more intelligent applications to better engage with the customers, while creating significant market differentiators. In both cases, the cloud has become a key enabler to embrace this digital revolution. So, moving to the cloud is no longer the question; the new questions are HOW and WHEN. To make this equation even more complex, most ...
DevOps is being widely accepted (if not fully adopted) as essential in enterprise IT. But as Enterprise DevOps gains maturity, expands scope, and increases velocity, the need for data-driven decisions across teams becomes more acute. DevOps teams in any modern business must wrangle the ‘digital exhaust’ from the delivery toolchain, "pervasive" and "cognitive" computing, APIs and services, mobile devices and applications, the Internet of Things, and now even blockchain.
As DevOps methodologies expand their reach across the enterprise, organizations face the daunting challenge of adapting related cloud strategies to ensure optimal alignment, from managing complexity to ensuring proper governance. How can culture, automation, legacy apps and even budget be reexamined to enable this ongoing shift within the modern software factory?
SYS-CON Events announced today that App2Cloud will exhibit at SYS-CON's 21st International Cloud Expo®, which will take place on Oct. 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. App2Cloud is an online Platform, specializing in migrating legacy applications to any Cloud Providers (AWS, Azure, Google Cloud).
Agile has finally jumped the technology shark, expanding outside the software world. Enterprises are now increasingly adopting Agile practices across their organizations in order to successfully navigate the disruptive waters that threaten to drown them. In our quest for establishing change as a core competency in our organizations, this business-centric notion of Agile is an essential component of Agile Digital Transformation. In the years since the publication of the Agile Manifesto, the conn...
WebRTC is great technology to build your own communication tools. It will be even more exciting experience it with advanced devices, such as a 360 Camera, 360 microphone, and a depth sensor camera. In his session at @ThingsExpo, Masashi Ganeko, a manager at INFOCOM Corporation, will introduce two experimental projects from his team and what they learned from them. "Shotoku Tamago" uses the robot audition software HARK to track speakers in 360 video of a remote party. "Virtual Teleport" uses a mu...
Internet of @ThingsExpo, taking place October 31 - November 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with 21st Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. The Internet of Things (IoT) is the most profound change in personal and enterprise IT since the creation of the Worldwide Web more than 20 years ago. All major researchers estimate there will be tens of billions devic...
Mobile device usage has increased exponentially during the past several years, as consumers rely on handhelds for everything from news and weather to banking and purchases. What can we expect in the next few years? The way in which we interact with our devices will fundamentally change, as businesses leverage Artificial Intelligence. We already see this taking shape as businesses leverage AI for cost savings and customer responsiveness. This trend will continue, as AI is used for more sophistica...
21st International Cloud Expo, taking place October 31 - November 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA, will feature technical sessions from a rock star conference faculty and the leading industry players in the world. Cloud computing is now being embraced by a majority of enterprises of all sizes. Yesterday's debate about public vs. private has transformed into the reality of hybrid cloud: a recent survey shows that 74% of enterprises have a hybrid cloud strategy. Me...
Trying to improve density, lower costs and run applications faster than before? Today, enterprises looking for a secure cloud strategy are increasingly turning to container-based Platform as a Service solutions for on-premises hosted DevOps. In her session at 21st Cloud Expo, Alise Cashman Spence, Offering Manager, Power Systems Cloud Solutions at IBM, will discuss the driving factors behind these cloud trends and how IBM customers are realizing exceptional performance, security and control for ...
DevOps is often described as a combination of technology and culture. Without both, DevOps isn't complete. However, applying the culture to outdated technology is a recipe for disaster; as response times grow and connections between teams are delayed by technology, the culture will die. A Nutanix Enterprise Cloud has many benefits that provide the needed base for a true DevOps paradigm. In their Day 3 Keynote at 20th Cloud Expo, Chris Brown, a Solutions Marketing Manager at Nutanix, and Mark Lav...
"NetApp's vision is how we help organizations manage data - delivering the right data in the right place, in the right time, to the people who need it, and doing it agnostic to what the platform is," explained Josh Atwell, Developer Advocate for NetApp, in this SYS-CON.tv interview at 20th Cloud Expo, held June 6-8, 2017, at the Javits Center in New York City, NY.
SYS-CON Events announced today that SourceForge has been named “Media Sponsor” of SYS-CON's 21st International Cloud Expo, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. SourceForge is the largest, most trusted destination for Open Source Software development, collaboration, discovery and download on the web serving over 32 million viewers, 150 million downloads and over 460,000 active development projects each and every month.
What You Need to Know You know you need the cloud, but you’re hesitant to simply dump everything at Amazon since you know that not all workloads are suitable for cloud. You know that you want the kind of ease of use and scalability that you get with public cloud, but your applications are architected in a way that makes the public cloud a non-starter. You’re looking at private cloud solutions based on hyperconverged infrastructure, but you’re concerned with the limits inherent in those technolog...