first horizon

Quote Of The Day: Do not be mistaken. The relative calm we feel right now isn’t the end of the storm, it is just the eye. - Scott Minerd Fintech Movers: Decentralised finance (DeFi) is now being taken seriously by traditional finance. In a European-wide survey of financial institutions...

First Horizon (NYSE: FHN) raised $238 million in net proceeds, issuing 23.8 million shares at $10.50, J.P. Morgan reports. In addition, the company completed a $500 million note offering and plans to redeem $103 million in 8.07% TRUPs. “We had previously assumed the company would raise $290 million...

FBR Capital Markets has reiterated its ratings on the following companies: First Horizon (NYSE: FHN) Market Perform, price target lowered from $13 to $11 Webster Financial (NYSE: WBS) Market Perform, price target raised from $18 to $19 Orion Marine (NYSE: ORN) Outperform, price target lowered from...

RBC Capital Markets has reiterated its ratings on the following companies: Ametek (NYSE: AME) Outperform, price target raised from $50 to $55 Middleby (NASDAQ: MIDD) Sector Perform, price target raised from $64 to $70 Oil States (NYSE: OIS) Outperform, price target raised from $56 to $58 Genuine...

Citigroup has published a research report on U.S. Banks following 3Q results. In the report, Citigroup writes "While we continue to see downside to 2011 EPS estimates for the large cap banks, we expect bank stocks can outperform in near term as we see our banks either meeting or exceeding 3Q...