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Trade-Ideas LLC identified Comerica (CMA) as a "storm the castle" (crossing above the 200-day simple moving average on higher than normal relative volume) candidate
Comerica (CMA) stock is rising on Tuesday morning even though the lender posted lower-than-expected results for the 2016 first quarter.
Wells Fargo, among others, is taking a hit from potential loan defaults by energy companies that borrowed money when oil prices were more than twice as high.
These underpriced stocks have averaged 17% annual returns since 1999.
Dallas-based Comerica, in the heart of the Texas oil country, is saddled with energy loans. CLSA Mike Mayo says changes are needed at the very top of the company.
TheStreet highlights 3 stocks pushing the banking industry higher today.
Comerica’s (CMA) stock price target was lowered at BMO Capital, which also maintained its ‘market perform’ rating.
While oil prices have rebounded this month, the gains won't be much help to companies that borrowed money from banks like Comerica and Citigroup when prices were above $100.
The dividend is generous but an investigation into a $26 million loan is causing a lot of uncertainty.
Stocks with insider trader activity include SPTN, CMA and PES
Regional lenders like Bank of Oklahoma and Comerica have more to lose from souring energy loans than their nationwide rivals, says ratings firm Moody's. It's partly a matter of location.
Moody’s has placed the credit ratings of four regional banking companies on review for downgrade, based their portfolio of energy loans, which are under pressure due to low oil prices.
Trade-Ideas LLC identified Comerica (CMA) as a post-market leader candidate
TheStreet Quant Ratings provides fair and objective information to help you make educated investing decisions. We rate over 4,300 stocks daily and provide 5-page PDF reports for each stock. These ratings can change daily and today's changes are reflected in the email below. If you are looking to check-up on the stocks you currently own or are looking for new ideas, you can find our full database of password-protected ratings reports in our proprietary ratings screener: http://www.thestreet.com/k/qr/flat/stock-screener.html Upgrades: BCRH, ENTA, GOLD Downgrades: ACAT, ALSN, AVX, BIO.B, CCMP, CMA, CNA, DGII, DO, IHS, JD, JOBS, LPTH, PACD, PHX, RNET, VASC, YELP Initiations: NEWR Read on to get TheStreet Quant Ratings' detailed report:
The mega-insurer is the latest 'systemically important' company that wants to break itself up to avoid being targeted by activists.
With limits on distributions, buyers in the wings and what appears to be an amenable regulatory environment, look for midsize bank Comerica to consider what its activists have to say.
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Banks such as SunTrust need interest rates to keep rising if they want to keep making money. The regional bank reports earnings Friday.
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Comerica (CMA) reported its 2015 fourth quarter earnings results before the market open on Tuesday.
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There are plenty of reasons to expect banks to do well in 2016.
Trade-Ideas LLC identified Comerica (CMA) as a weak on high relative volume candidate
Here are Thursday's top research calls, including upgrades for Micron, Pandora and Qualcomm, and a downgrade for CVS Health.
Trade-Ideas LLC identified Comerica (CMA) as a strong on high relative volume candidate
With Comerica stock trading at a discount to the rest of the market, now would be the time to buy.
Trade-Ideas LLC identified Comerica (CMA) as a "water-logged and getting wetter" (weak stocks crossing below support with today's range greater than 200%) candidate
TheStreet highlights 3 stocks pushing the financial sector lower today.
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