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CapitalSource, Inc. (CSE)

- NYSE
CSE is defunct.
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  • Jul. 23, 2013, 12:45 PM
    Midday top 10 gainers: UPI +42%. IPCI +30%. FIRE +28%. CSE +22%. USU +19%. DLIA +19%. SMSI +16%. URRE +16%. PRAN +14%. HSTM +14%. Midday top 10 Losers: CTG -22%. ALGT -13%. HGSH -13%. OME -10%. SPTN -10%. NAFC -10%. EMITF -9%. SILC -9%. DRTX -9%. STM -8%.
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  • Jul. 23, 2013, 9:58 AM
    CIT Group (CIT +1.8%) could be worth $60-$70 per share in a merger, says Sterne Agee, based on what CapitalSource (CSE +20.9%) obtained last night in its sale to PacWest (PACW +6.5%). The CSE deal is an interesting blueprint for catalyzing more M&A activity, says Hedgeye's Josh Steiner, noting earnings accretion of 9.4% in 2014 and 18% in 2015 (investor presentation). "Win/Win." Indeed.
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  • Jul. 23, 2013, 9:15 AM
    Premarket gainers: FIRE +28%. CSE +23%. CBMX +22%. ARRY +13%. MTG +10%. IRWD +11%. WEN +9%. NAT +8%. FTNT +8%. PACW +7%. TI +7%. HSOL +7%. PRAN +7%. CDTI +7%. RSH +6%. ALSK +6%. INFU +6%. NQ +6%. CPRX +5%. LXK +5%.
    Losers: PENN -7%. STM -6%.
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  • Jul. 22, 2013, 6:01 PM
    CapitalSource (CSE) and PacWest Bancorp (PACW) agree to a merger valued at ~$2.3B, creating the sixth largest publicly-owned bank headquartered in California. CSE shareholders will receive $2.47 in cash and 0.2837 shares of PACW common stock for each share of CSE common stock. CSE +12.4% AH.
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Company Description
CapitalSource Inc is a commercial lender that provides financial products to small and middle market businesses. The Company along with its subsidiary provides depository products and services to consumers.
Sector: Financial
Industry: Credit Services
Country: United States