NEW YORK (TheStreet) -TheStreet Ratings' stock model upgraded Washington Banking Company (WBCO) to 'Buy' from 'Hold'. Net income at this $210 million market cap, bank holding company jumped 719% to a profit of $13.7 million in the third quarter compared to the same quarter last year.
TheStreet Ratings released rating changes on 5 U.S. common stocks for December 28, 2010. In total, 5 stocks were upgraded and no stocks were downgraded by our stock model.
In the third quarter, Washington Banking Company reported $23.3 million in revenue, an increase of 48.4% over the year earlier quarter. Learn more about Washington Banking Company: Company Profile, Income Statement, Balance Sheet, Stock Ratios, Analyst Ratings.
$2.9 billion market cap, precious metals miner, Hecla Mining Co (HL) was upgraded to 'Buy' from 'Hold'. In third quarter results, Hecla Mining Co reported a 23.7% decrease in net income to $19.8 million and a 21.7% increase in revenue to $115.9 million when compared to the same quarter last year. Learn more about Hecla Mining:Company Profile, Income Statement, Balance Sheet, Stock Ratios, Analyst Ratings.-- Reported by Kevin Baker in Jupiter, FL.
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