Market Currents

• Wednesday, October 21, 2009

• 00:05 AM Notable pre-market earnings: AAI, AMR, APD, ATI, BA, CAL, ELN, FLIR, FCX, GENZ, HCBK, KEY, LLY, MAN, MO, MS, NITE, NOC, NTRS, OMC, PENN, STJ, USB, USG, WFC Comment!

• Monday, August 24, 2009

• 09:39 AM According to bank analyst Dick Bove, many bank stocks sell at higher multiples today than during the high-growth 2002-06 period. What's more, "those companies with the least chance of recapturing their 2007 earnings peak" performed best in the recent rally. Bove suggests investors buy 'high quality' banks (including HCBK and JPM), "not the ones perceived to be offering the biggest 'bang for the buck.'" 7 Comments

• Tuesday, July 21, 2009

• 08:05 AM Hudson City Bancorp (HCBK): Q2 EPS of $0.26 beats by $0.01. Loan loss provisions of $32.5M in Q2 vs. $3M in Q2 2008. Net charge-offs of $9.6M. (PR) Comment!
• 00:05 AM Notable earnings before Tuesday's open: AKS, ALV, AMTD, BJS, BTU, CAL, CAT, CMA, DD, DGX, ELN, FCX, FRX, HCBK, JEF, KO, LMT, LUV, LXK, MRK, PCP, RF, SGP, SHW, STT, UAUA, UNH, UTX, WU Comment!

• Tuesday, April 21, 2009

• 15:10 PM Notable earnings after Tuesday's close: ALTR, AMD, AMP, BRCM, CBST, CENX, CHRW, COF, CREE, FULT, GILD, HCBK, ILMN, MOLX, NBR, NSC, PPDI, SNDK, STX, TEX, WMS, YHOO Comment!
• 00:10 AM Notable earnings after Tuesday's close: ALTR, AMD, AMP, BRCM, CBST, CENX, CHRW, COF, CREE, FULT, GILD, HCBK, ILMN, MOLX, NBR, NSC, PPDI, SNDK, STX, TEX, WMS, YHOO Comment!

• Wednesday, January 21, 2009

• 08:20 AM Hudson City Bancorp (HCBK): Q4 EPS of $0.25 misses by $0.02. Net income of $124.3M (+60.4%), a record for Hudson City. Shares +14.4% premarket. (PR) Comment!
• 00:05 AM Notable earnings before Wednesday's open: ABT, AMR, APD, ATI, BPOP, COH, HCBK, NTRS, UAUA, USB, UTX Comment!

• Tuesday, June 10, 2008

• 15:32 PM Financials that have bucked the trend, with gains since last August. Part I: USB +7.7%, BLK +39.8%, SCHW +12.3%, NTRS +17.9%, TROW +15.5%, LUK +36.7%, HCBK +42.3%, NYB +22.9%. Comment!

• Sunday, May 25, 2008

• 14:47 PM Barron's offers fund manager Sy Jacobs' pans (WFC, BBT, HCBK) and picks (HTS, MTG). Comment!