advanced after the McLean, Va.-based credit card company was upgraded by Hilliard Lyons to buy from neutral. Shares gained 40 cents to $73.50.
Fidelity National Financial
gained on news that the Florida-based title insurance had settled a patent dispute with
Global Cash Access
Under the settlement, no party is obligated to pay money to any party. The other terms of the agreement are confidential. Shares of Fidelity National gained 40 cents, or about 1%, to $40.63. Global Cash Access rose 6 cents to $15.49.
lost ground after the Florida bank was downgraded by
to hold from buy. Shares were trading down $1.09, or 3.54%, to $29.68.
Atlantic Coast Federal
gained after the Georgia bank said its board authorized a new stock buyback plan.
The company, which completed a share repurchase, will buy back an additional 478,000 shares, or 10% of its outstanding stock. The company says the buyback will expired in next August. Since 2005, the company has repurchased about 865,000 shares of its common stock. Shares gained 47 cents, or 2.68%, to $18.03.
RBC Capital Markets
initiated coverage of the California-based bank with a sector-perform rating. Shares gained 18 cents, or 1.20%, to $15.12 recently.