PR News Wire (Free subscription) | 11/04/2009
CINCINNATI, Nov. 4 /PRNewswire-FirstCall/ -- Fifth Third Bancorp (Nasdaq: FITB) will present at the Bank of America Merrill Lynch Banking & Financial Services Conference in New York City on Tuesday, November 10, 2009 at approximately 11:20 AM EST.
24/7 Wall St. (Free subscription) | 10/29/2009
These are this Thursday morning’s top 10 analyst upgrades, downgrades, and initiations we have seen in early research calls from Wall Street: ArcelorMittal (NYSE: MT) Raised to Buy at Societe Generale. BioMarin Pharmaceutical Inc. (NASDAQ: BMRN) Raised to Outperform at Credit Suisse. Elan Corp. plc (NYSE: ELN) Cut to Neutral at UBS. Fifth Third Bancorp Raised To Outperform From [...]
PR News Wire (Free subscription) | 10/27/2009
CINCINNATI, Oct. 27 /PRNewswire-FirstCall/ -- Fifth Third Bancorp (Nasdaq: FITB) has announced today the formation of a focused private equity lending team, Fifth Third Sponsor Leveraged Finance. The team will provide cash flow financings to a select group of private equity clients and will target businesses with $10 million to $50 million in earnings before interest, taxes depreciation and amortization...
MarketIntelligenceCenter.com (Free subscription) | 10/26/2009
Fifth Third Bancorp (FITB) was downgraded today by analysts at Rochdale Securities and the stock is now at $9.71, down $0.64 (-6.14%) on volume of 18,629,544 shares traded. The analysts reduced FITB to Sell from Neutral. Over the last 52 weeks the stock has ranged from a low of $1.01 to a high of $12.95. Fifth Third Bancorp stock has been showing support around $9.85 ...
24/7 Wall St. (Free subscription) | 10/26/2009
This morning you are getting the broader summaries without links to VSInvestor.com because of an issue at the hosting and publishing side that has caused a temporary outage. Here are brief morning movers: Fifth Third Bancorp (NASDAQ: FITB) and SunTrust Banks, Inc. (NYSE: STI) are both getting hit this morning on an analyst downgrade by Dick [...]
24/7 Wall St. (Free subscription) | 10/26/2009
These are this Monday’s top ten analyst calls from Wall Street for upgrades, downgrades, and initiations: BHP Billiton (NYSE: BHP) Started as Neutral at HSBC. Delphi Financial (NYSE: DFG) Started as Outperform at KBW. Fifth Third Bancorp (NASDAQ: FITB) Cut to Sell from Neutral at Rochdale. Gentex (NASDAQ: GNTX) Raised to Outperform at Wells Fargo. H&R Block (NYSE: HRB) Cut [...]
SeekingAlpha.com (Free subscription) | 10/21/2009
Fifth Third Bancorp ( FITB ) – Shares of the bank holding company managed to rise 1% during the trading session to $10.69 despite the ‘sell’ recommendation assigned the firm at EVA Dimensions. One savvy option trader took profits by closing out a short put position in the January 2010 contract. It appears the investor originally sold 10,000 puts at the January 7.5 strike for approximately...
PR News Wire (Free subscription) | 10/16/2009
CINCINNATI, Oct. 16 /PRNewswire-FirstCall/ -- Fifth Third Bancorp (Nasdaq: FITB) today announced the appointment of Jewell Hoover and Emerson Brumback to the Bancorp board of directors.
MarketIntelligenceCenter.com (Free subscription) | 10/13/2009
Fifth Third Bancorp (NasdaqNM: FITB) opened at $10.20. So far today, the stock has hit a low of $9.98 and a high of $10.38. FITB is now trading at $10.17, down $0.02 (-0.2%). The stock hit its 52-Week high of $14.75 last October and set its 52-Week low of $1.01 in February. BofA/Merrill reinstated coverage on the stock today ...
SeekingAlpha.com (Free subscription) | 10/06/2009
Tom Brown submits: Take a look at the following, which appears in the valuation section of a sell-side report out last week on Fifth Third Bancorp ( FITB ), initiating coverage with a “Market Perform” rating. [W]e have opted for a price-to-tangible book value methodology, in light of the uncertainties surrounding earnings and true book value. FITB currently trades at 1.1x tangible book...
MarketIntelligenceCenter.com (Free subscription) | 10/05/2009
Fifth Third Bancorp (FITB) was downgraded today by analysts at Goldman Sachs and the stock is now at $9.37, up $.01 (0.11%) on volume of 7,008,537 shares traded. The stock is trading flat today after it was lowered to a Buy from Conviction Buy by Goldman Sachs. Over the last 52 weeks the stock has ranged from a low of $1.01 in February to a high of $14.75 in October. Fifth Third Bancorp stock has ...
SeekingAlpha.com (Free subscription) | 09/21/2009
The Mole submits: The Dow Jones’s seemingly inexorable march back to 10,000 may be interrupted today as European bourses have started softer on worries that perhaps the six month long bull run has gotten a little ahead of itself and outpaced earnings prospects and potential economic growth. In premarket US trade, Perot Systems ( PER ) soared nearly 70% after agreeing to be bought by Dell ( DELL...
SeekingAlpha.com (Free subscription) | 09/17/2009
Zacks.com submits: Fifth Third Bancorp ( FITB - Analyst Report ) expects its loan charge-offs to increase in the third quarter primarily due to the increase in charge-offs associated with the Shared National Credit [SNC] examination which has been recently conducted by regulators. The company also expects its non-performing assets to accelerate, though interest income and margins are expected to improve...
PR News Wire (Free subscription) | 09/17/2009
Fifth Third Bancorp is a diversified financial services company headquartered in Cincinnati, Ohio. The Company has $116 billion in assets, operates 16 affiliates with 1,308 full-service Banking Centers, including 100 Bank Mart locations open seven days a week inside select grocery stores and 2,358 ATMs in Ohio, Kentucky, Indiana, Michigan, Illinois, Florida, Tennessee, West Virginia, Pennsylvania,...
MarketIntelligenceCenter.com (Free subscription) | 09/16/2009
Fifth Third Bancorp (NasdaqNM: FITB) opened at $10.14. So far today, the stock has hit a low of $10.00 and a high of $10.37. FITB is now trading at $10.28, down $0.02 (-0.19%). Over the last 52 weeks the stock has ranged from a low of $1.01 to a high of $21.00. FITB shares are declining today after the company said it expects third-quarter loan losses to rise 24 percent compared to the second qu...
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