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Hurricane Milton Descends On Florida: Analysts Warn Of Impact On Disney, NextEra's Florida Power & Light, Regional Banks
Wednesday, October 9, 2024 - 11:51am | 1872Read More...Insurance, regional banks, fitness centers, utilities, hospitals and theme parks are among the sectors that could be negatively impacted when Hurricane Milton hits Florida Wednesday night or early Thursday morning. Here's a look at some of the sectors and stocks that investors should be watching...
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First Foundation Stock Plunges After $228M Fundraise: Regional Bank Has Heavy Commercial Real Estate Exposure
Wednesday, July 3, 2024 - 1:25pm | 653Read More...Shares of First Foundation Inc. (NYSE:FFWM), a Texas-based regional bank facing commercial real-estate risks, dropped significantly on Wednesday after it received some badly needed help from a group of investors led by Fortress Investment Group. The stock closed at $6.58 a share on Tuesday but fell...
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Preferred Bank Faces Risk From Fed Rate Cuts, DA Davidson Says In Downgrade
Wednesday, June 5, 2019 - 2:46pm | 435Read More...With the Fed having paused rate hikes for now and the market increasingly expecting at least one rate cut before the year is out, Preferred Bank’s (NASDAQ: PFBC) profitability seems to be near peak levels, according to D.A. Davidson. The bank holds a higher probability of downward...
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Hope Bancorp's Earnings Headwinds Likely To Continue, Analyst Says
Wednesday, May 30, 2018 - 4:11pm | 370Read More...Hope Bancorp Inc (NASDAQ: HOPE), a bank that targets expatriate South Korean communities across the U.S., showed in its April earnings report headwinds that will likely persist, according to DA Davidson. The Analyst DA Davidson's Gary Tenner downgraded Hope Bancorp from Buy to Neutral...
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PacWest Downgraded To Neutral By D.A. Davidson
Monday, July 18, 2016 - 10:44am | 227Read More...On Friday, PacWest Bancorp (NASDAQ: PACW) reported Q2 earnings per share at $0.68 vs. $0.69 estimates and a revenue of $255.9 million vs. $264.9 million estimates. D.A. Davidson's Gary Tenner downgraded PacWest from Buy to Neutral, while maintaining a $45.00 price target after Q2 earnings per share...






