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FifthThird


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What to Watch in the Week Ahead and on Monday, July 15

What to Watch in the Week Ahead and on Monday, July 15 The Day Ahead is an email and PDF publication that includes the day's major stories and events, analyses and other features. To receive The Day Ahead, Eikon users can register at DAY/US . Thomson One users can register at RT/DAY/US. All times in ET/GMT ON MONDAY Federal Reserve Chair Jerome Powell is set to participate in a conversation hosted by the Economic Club of Washington.
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US regional banks to face increased scrutiny as CRE exposure stifles buybacks

PREVIEW-US regional banks to face increased scrutiny as CRE exposure stifles buybacks By Manya Saini July 10 (Reuters) - U.S. regional banks will probably stockpile more rainy-day funds and stay conservative on stock buybacks as losses from commercial real estate (CRE) loans are expected to pressure their earnings, analysts said. As regional lenders prepare to report second-quarter results next week, they continue to face tough scrutiny from investors over potential weakness from CRE and commerc
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Fifth Third Enters Into Settlement Agreement With CFPB

BRIEF-Fifth Third Enters Into Settlement Agreement With CFPB July 9 (Reuters) - Fifth Third Bancorp: FIFTH THIRD ENTERS INTO SETTLEMENT AGREEMENT WITH CFPB TO PAY $15 MILLION FINE FOR SALES PRACTICES FIFTH THIRD HAS AGREED TO PAY A $15 MILLION FINE FOR SALES PRACTICES AND A $5 MILLION FINE FOR AUTO FINANCE SERVICING ACTIVITIES SETTLEMENT RESOLVES D
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Fifth Third is fined by US CFPB over fake bank accounts, auto repossessions

UPDATE 1-Fifth Third is fined by US CFPB over fake bank accounts, auto repossessions Recasts first paragraph; adds Fifth Third statement, accusations, settlement details, no admission of wrongdoing, byline By Jonathan Stempel July 9 (Reuters) - Fifth Third Bancorp FITB.O will pay $20 million in civil fines and offer redress to 35,000 harmed consumers to settle U.S.
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US watchdog to fine Fifth Third $20 mln over fake accounts and auto insurance

US watchdog to fine Fifth Third $20 mln over fake accounts and auto insurance July 9 (Reuters) - The top U.S. watchdog for consumer financial protection said Tuesday it would fine Ohio lender Fifth Third Bank FITB.O $20 million for allegedly opening fake customer accounts and forcing auto insurance on consumers who already had coverage, among other allegations.
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Fifth Third dips after CFPB slaps $20 mln fine

BUZZ-Fifth Third dips after CFPB slaps $20 mln fine ** Fifth Third Bancorp's FITB.O shares down 1.5% at $35.7 ** U.S. Consumer Financial Protection Bureau fines FITB $20 mln for "wrongfully" repossessing customers' cars and opening allegedly fake bank accounts ** Bank levied "excessive" charges on auto loan customers by loading up their bills with
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US regulator fines Fifth Third over auto repossessions, fake bank accounts

US regulator fines Fifth Third over auto repossessions, fake bank accounts July 9 (Reuters) - Fifth Third Bancorp FITB.O will pay $20 million in penalties and offer redress to about 35,000 harmed consumers to settle U.S. regulatory charges it wrongfully triggered auto repossessions and opened fake bank accounts. The U.S. Consumer Financial Protection Bureau said on Tuesday that a proposed court order would also ban Cincinnati-based Fifth Third from setting sales goals that give employees incenti
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U.S. Ardelyx, Eli Lilly, Tesla

U.S. RESEARCH ROUNDUP-Ardelyx, Eli Lilly, Tesla July 3 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S.-listed companies, including Ardelyx, Eli Lilly and Tesla, on Wednesday. HIGHLIGHTS * Ardelyx Inc ARDX.O : Piper Sandler cuts to neutral from overweight * Eli Lilly LLY.N : Jefferies raises target price to $1,041 from $1,015 * Nicolet Bankshares Inc NIC.N : Stephens raises target price to $90 from $88 * Tesla Inc TSLA.O : Wedbush raises target
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Big US banks withstand Fed's commercial real estate shock scenario

Big US banks withstand Fed's commercial real estate shock scenario By Michelle Conlin NEW YORK, June 26 (Reuters) - Big U.S. banks survived a hypothetical 40% drop in commercial real estate values as a part of the U.S. Federal Reserve's annual health test , easing fears about the banking sector as landlords struggle in a higher-for-longer interest rate world.
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What are the Fed's bank 'stress tests' and what's new this year?

EXPLAINER-What are the Fed's bank 'stress tests' and what's new this year? By Pete Schroeder and Michelle Price WASHINGTON, June 24 (Reuters) - The U.S. Federal Reserve is due to release the results of its annual bank health checks on Wednesday at 4:30 p.m. ET (2030 GMT). Under the "stress test" exercise, the Fed tests big banks' balance sheets against a hypothetical scenario of a severe economic downturn, the elements of which change annually.
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U.S. CarMax, Eli Lilly, MicroStrategy

U.S. RESEARCH ROUNDUP-CarMax, Eli Lilly, MicroStrategy June 24 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S.-listed companies, including CarMax, Eli Lilly and MicroStrategy, on Monday. HIGHLIGHTS * CarMax Inc KMX.N : RBC raises target price to $75 from $73 * Eli Lilly LLY.N : Jefferies raises target price to $1,015 from $994 * MicroStrategy Inc MSTR.O : Canaccord Genuity cuts target price to $1,826 from $2,047 * Sharecare Inc SHCR.O : Canacco
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U.S. STOCKS Tesla, Casey's General Store, Western Alliance

BUZZ-U.S. STOCKS ON THE MOVE-Tesla, Casey's General Store, Western Alliance Eikon search string for individual stock moves: STXBZ The Day Ahead newsletter: https://refini.tv/3LI4BU7 The Morning News Call newsletter: https://refini.tv/3dKUyB8 U.S. stocks rose broadly on Wednesday, with the S&P 500 and the Nasdaq touching fresh record highs after softer inflation data lifted hopes for central bank rate cuts, while Apple overtook Microsoft to become the world's most valuable company.
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U.S. STOCKS Tesla, Take-Two, Caterpillar

BUZZ-U.S. STOCKS ON THE MOVE-Tesla, Take-Two, Caterpillar Eikon search string for individual stock moves: STXBZ The Day Ahead newsletter: https://refini.tv/3LI4BU7 The Morning News Call newsletter: https://refini.tv/3dKUyB8 The S&P 500 and the Nasdaq jumped to record highs on Wednesday after softer inflation data lifted hopes for a rate cut by the Federal Reserve, while Apple overtook Microsoft as the world's most valuable company.
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Fifth Third Bancorp rises on share repurchase agreement

BUZZ-Fifth Third Bancorp rises on share repurchase agreement ** Shares of regional lender Fifth Third Bancorp FITB.O rise as much as 3.3%, last up 2.6% at $36.20 ** FITB says it has entered into a new share repurchase agreement with investment bank Morgan Stanley MS.N for about $125 mln of its outstanding common stock ** Co will pay about $125 mln
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Fifth Third Bancorp Says On June 11 Co Entered New Share Repurchase Deal With Morgan Stanley & Co. Llc

BRIEF-Fifth Third Bancorp Says On June 11 Co Entered New Share Repurchase Deal With Morgan Stanley & Co. Llc June 12 (Reuters) - Fifth Third Bancorp FITB.O : FIFTH THIRD BANCORP - ON JUNE 11 ENTERED NEW SHARE REPURCHASE DEAL WITH MORGAN STANLEY & CO. LLC FIFTH THIRD BANCORP - POST SHARE REPURCHASE DEAL WITH MORGAN STANLEY FIFTH THIRD TO PURCHASE AB
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Bank OZK slumps after Citigroup downgrade; regional banks fall

BUZZ-Bank OZK slumps after Citigroup downgrade; regional banks fall Updates ** Shares of regional lender Bank OZK OZK.O drop 1 4.5 % to $3 9.50 * * Other regional lender also fall in a broadly weak market .N ; Among individual movers Banc of California BANC.N , Western Alliance Bancorp WAL.N , Valley National Bancorp VLY.O , Regions Financial RF.N
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US regional banks rise after positive CPI data

BUZZ-US regional banks rise after positive CPI data ** Shares of regional banks advanced premarket after data showed that U.S. consumer prices rose less than expected in April; core CPI slows ** This suggests that inflation resumed its downward trend at the start of the second quarter in a boost to financial market expectations for a September inte
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U.S. American Express, Philip Morris, Royal Gold

U.S. RESEARCH ROUNDUP-American Express, Philip Morris, Royal Gold April 22 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S.-listed companies, including American Express, Philip Morris and Royal Gold, on Monday. HIGHLIGHTS * American Express Co AXP.N : TD Cowen raises target price to $225 from $221 * Philip Morris PM.N : Jefferies raises target price to $101 from $98 * PPG Industries Inc PPG.N : Evercore ISI cuts to in line from outperform * Roya
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U.S. STOCKS Gold miners, UGI, Regions Financial

BUZZ-U.S. STOCKS ON THE MOVE-Gold miners, UGI, Regions Financial Eikon search string for individual stock moves: STXBZ The Day Ahead newsletter: https://refini.tv/3LI4BU7 The Morning News Call newsletter: https://refini.tv/3dKUyB8 The Nasdaq and the S&P 500 dipped on Friday, with Netflix among the biggest drags on a dour quarterly forecast, while all three indexes stared at weekly losses amid diminishing hopes that the Federal Reserve would cut interest rates anytime soon.
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Nasdaq lags peers as Netflix, chip stocks drag; AmEx lifts Dow

US STOCKS-Nasdaq lags peers as Netflix, chip stocks drag; AmEx lifts Dow For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window. Netflix falls after dour Q2 forecast Paramount up on likely buyout bid from Sony, Apollo Indexes: Dow up 0.41%, S&P down 0.38%, Nasdaq slides 1.10% Updated at 11:43 a.m.
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