Best Healthcare Technology Companies To Watch In Right Now: First Niagara Financial Group Inc.(FNFG)
First Niagara Financial Group, Inc. operates as the holding company for First Niagara Bank, N.A. that provides retail and commercial banking, and other financial services to individuals, families, and businesses. It offers retail deposit accounts, which include savings, negotiable order of withdrawal, checking, money market, and certificate of deposit accounts, as well as provides business savings and checking, money market, cash management accounts, and municipal deposit accounts. The company?s loan portfolio comprises commercial real estate and multi-family loans; commercial business loans; residential real estate loans; home equity loans; and consumer loans consisting of indirect mobile home loans, and personal secured and unsecured loans. It also sells insurance products, including commercial and personal insurance, surety bond, life, disability, and long-term care coverage products. In addition, the company offers risk management consulting services comprising altern ative risk and self-insurance services, claims investigation and adjusting services, and third party administration services for self insured workers? compensation plans. Further, it provides employee benefits plan and compensation consulting services. Additionally, First Niagara Financial Group offers wealth management services that manage client funds utilizing various third party investment vehicles consisting of stocks, bonds, mutual funds, and annuities, as well as other investment products, such as individual retirement accounts, education savings plans, and retirement plans. As of December 31, 2010 it operated 257 bank branches, including 115 in Upstate New York and 142 branches in Pennsylvania. The company was founded in 1870 and is based in Buffalo, New York.
Advisors' Opinion:- [By ! Selena Maranjian]
Among holdings in which Barrow, Hanley, Mewhinney & Strauss increased its stake were Intel (NASDAQ: INTC ) and First Niagara Financial Group (NASDAQ: FNFG ) . Intel sports a hefty dividend yield of 3.7%, and it hasn't upped that payout in nearly two years, as it invests more in growth with its cash flow. The company has been in a bit of a slump, posting underwhelming earnings and trying to boost its presence in the smartphones and tablets. Many see value in Intel, with its dominant market position, growing revenue and earnings, and significant payout. Investors need to take a long-term view, though.
- [By Jake L'Ecuyer]
Equities Trading DOWN
Shares of Kansas City Southern (NYSE: KSU) were down 15.32 percent to $99.22 after the company reported downbeat Q4 earnings. International Game Technology (NYSE: IGT) shares tumbled 14.16 percent to $15.15 after the company reported weaker-than-expected fiscal first-quarter results. Sterne Agee downgraded the stock from Buy to Neutral and cut the price target from $21.50 to $18.00. First Niagara Financial Group (NASDAQ: FNFG) was down, falling 10.79 percent to $9.22 on Q4 results. The company issued weak FY14 earnings outlook. - [By Jake L'Ecuyer]
First Niagara Financial Group (NASDAQ: FNFG) was down, falling 9.86 percent to $9.32 on Q4 results. The company issued weak FY14 earnings outlook.
Commodities
In commodity news, oil traded down 0.70 percent to $96.64, while gold traded up 0.23 percent to $1,265.20. - [By Jake L'Ecuyer]
First Niagara Financial Group (NASDAQ: FNFG) was down, falling 11.17 percent to $9.19 on Q4 results. The company issued weak FY14 earnings outlook.
source from Top Stocks For 2015:http://www.topstocksblog.com/best-healthcare-technology-companies-to-watch-in-right-now.html
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