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Zions


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US bank stocks retreat after July rally

BUZZ-US bank stocks retreat after July rally ** Shares of U.S. banks fall on the first trading session of August after rallying last month ** S&P 500 banks index .SPXBK drops 2.6%, while the KBW regional banking index .KRX slips 4.4% ** Wells Fargo WFC.N and Citigroup C.N off 3.5% and 3%, respectively ** Customers Bancorp CUBI.N , Zions Bancorp ZION.O and Eagle Bancorp EGBN.O all down over 6% ** Institute for Supply Management says its manufacturing PMI dropped to the lowest since November; earl
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U.S. Alphabet, GE Aerospace, Tesla

U.S. RESEARCH ROUNDUP-Alphabet, GE Aerospace, Tesla July 24 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S.-listed companies, including Alphabet, GE Aerospace and Tesla, on Wednesday. HIGHLIGHTS * Alphabet Inc GOOGL.O : Piper Sandler raises target price to $206 from $200 * GE Aerospace GE.N : JP Morgan raises target price to $190 from $175 * HCA Healthcare Inc HCA.N : Leerink Partners raises target price to $396 from $367 * Kimberly-Clark Corp
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U.S. STOCKS Lockheed Martin, NBT Bancorp, Centene

BUZZ-U.S. STOCKS ON THE MOVE-Lockheed Martin, NBT Bancorp, Centene 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 Wall Street's main indexes rose on a boost from megacaps ahead of Alphabet and Tesla earnings on Tuesday, as investors assessed if the recent rally had fuel enough to sustain the charge, while United Parcel Service hit a nearly four-year low on weak results.
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Zions Bancorp jumps on second-quarter profit beat, brokerages hike PT

BUZZ-Zions Bancorp jumps on second-quarter profit beat, brokerages hike PT Updates ** Shares of U.S. regional lender Zions Bancorporation ZION.O e xtend premarket gains; last up ~7% at $52.94 in afternoon trading ** ZION after market on Monday reported Q2 profit of $1.28/ shr vs $1.11/ shr a year earlier ** Analysts on average had expected $1.10/ s
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U.S. STOCKS HCA Healthcare, Moody's, GATX

BUZZ-U.S. STOCKS ON THE MOVE-HCA Healthcare, Moody's, GATX 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 were flat to higher on Tuesday as investors awaited Alphabet and Tesla earnings later in the day to gauge if the recent market rally has momentum to spare, while United Parcel Service and NXP Semiconductors plummeted after poor results.
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U.S. STOCKS MSCI, Sherwin-Williams, HCA Healthcare

BUZZ-U.S. STOCKS ON THE MOVE-MSCI, Sherwin-Williams, HCA Healthcare 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 Wall Street was set for a subdued open on Tuesday amid a mixed bag of corporate results, as investors awaited Big Tech earnings from Alphabet and Tesla later in the day to assess if the market's recent record rally has momentum to spare.
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Zions Bancorp jumps on Q2 profit beat, brokerage PT hikes

BUZZ-Zions Bancorp jumps on Q2 profit beat, brokerage PT hikes ** Shares of U.S. regional lender Zions Bancorp ZION.O rise ~3.7% to $51.32 premarket ** ZION after market on Monday reported Q2 profit of $1.28 per share vs $1.11 per share a year earlier ** Analysts on average had expected $1.10 per share, according to LSEG data ** Net interest margin
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U.S. Colgate-Palmolive, McKesson, Microsoft

U.S. RESEARCH ROUNDUP-Colgate-Palmolive, McKesson, Microsoft July 23 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S.-listed companies, including Colgate-Palmolive, McKesson and Microsoft, on Tuesday. HIGHLIGHTS * Colgate-Palmolive Co CL.N : TD Cowen initiates coverage with buy rating; PT $110 * DR Horton Inc DHI.N : JP Morgan raises target price to $180 from $163 * IQVIA Holdings Inc IQV.N : Baird raises target price to $251 from $235 * McKesso
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Zions Bancorporation NA reports results for the quarter ended in June - Earnings Summary

Zions Bancorporation NA reports results for the quarter ended in June - Earnings Summary Zions Bancorporation NA ZION.OQ reported quarterly adjusted earnings of $1.29​​ per share for the quarter ended in June, higher than the same quarter last year, when the company reported EPS of $1.11. The mean expectation of twenty four analysts for the quarter was for earnings of $1.10 per share.
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Zions Bancorporation rises after Q2 profit jumps

BUZZ-Zions Bancorporation rises after Q2 profit jumps ** Shares of regional lender Zions Bancorporation ZION.O rise 3.3% to $51.10 in extended trading ** Co posts Q2 net earnings applicable to common shareholders of $1.28/shr, up from $1.11/shr a year earlier ** Q2 net interest income - the difference between what a bank earns on loans and pays out
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Zions Bancorp Q2 EPS USD 1.28 Vs. IBES Estimate USD 1.1

BRIEF-Zions Bancorp Q2 EPS USD 1.28 Vs. IBES Estimate USD 1.1 Jul 22 (Reuters) - Zions Bancorp Q2 net income USD 190 million vs. IBES estimate USD 161.6 million.
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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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Comerica falls as NII forecast under pressure, US bank stocks decline

BUZZ-Comerica falls as NII forecast under pressure, US bank stocks decline ** Shares of regional lender Comerica CMA.N fall 3.3% to $45.69 in a broadly weak market ** S&P 500 Banks Index .SPXBK off ~2%, while peer index tracking regional lenders .KRX last down ~1% ** CMA, in an investor presentation, says it expects pressure on its net interest inc
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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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