Tag: Doral Financial Corp

  • Financial Sector Volatile Stocks: IFM Investments (NYSE:CTC), Doral Financial (NYSE:DRL), The First Marblehead (NYSE:FMD), First NBC Bank Holding (NASDAQ:NBCB), C&F Financial (NASDAQ:CFFI)

    On 15 MAY IFM Investments Limited (ADR) (NYSE:CTC) reported ($0.42) earnings per share for the quarter. The company had revenue of $33.50 million for the quarter, compared to the consensus estimate of $36.40 million. IFM Investments Limited (ADR) (NYSE:CTC) net profit margin is -5.30% and weekly performance is -13.18%. On last trading day company shares ended up $1.12. Analysts mean target price for the company is $4.00. IFM Investments Limited (ADR) (NYSE:CTC) distance from 50-day simple moving average (SMA50) is -9.94%.

    On 6 JUNE Doral Financial Corp. (NYSE:DRL) said that Doral Financial Corp. (NYSE:DRL) in regard of decision by Puerto Rico’s Supreme Court to establish an expedited process for the Court of First Instance to hear the case brought by Doral against the government of Puerto Rico. The Puerto Rico Supreme Court ruled that an evidentiary hearing must happen on or before June 12, 2014, and that a judgment be issued on or before June 26, 2014. Doral Financial Corp. (NYSE:DRL) shares advanced 2.66% in last trading session and ended the day on $3.47. DRL return on assets is -1.20%. Doral Financial Corp. (NYSE:DRL) quarterly performance is -73.12%.

    On 2 JUNE, The First Marblehead Corporation (NYSE:FMD) announced that it has entered into an amendment to its loan program agreement with SunTrust Bank. The amendment extends the term of the loan program agreement through September 30, 2017 while reducing the Company’s funding requirements for credit enhancement on both a historical and prospective basis to approximately 50% of the amount required before the amendment was executed. The reduction in the level of credit enhancement will also lower the amount of administrative fee income to be received by the Company. The First Marblehead Corporation (NYSE:FMD) shares moved up 11.04% in last trading session and was closed at $4.93, while trading in range of $4.50 – $4.99. The First Marblehead Corporation (NYSE:FMD) year to date (YTD) performance is -33.29%.

    First NBC Bank Holding Company (NASDAQ:NBCB) reported $0.66 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.66. Analysts expect that First NBC Bank Holding Company will post $2.80 EPS for the current fiscal year. First NBC Bank Holding Company (NASDAQ:NBCB) ended the last trading day at $32.04. Company weekly volatility is calculated as 4.04% and price to cash ratio as 1.65. First NBC Bank Holding Company (NASDAQ:NBCB) showed a negative weekly performance of -5.49%

    On 21 MAY C&F Financial Corp (NASDAQ:CFFI)’s the board of directors has declared a regular cash dividend of 30 cents per common share, which is payable July 1, 2014 to shareholders of record on June 13, 2014. This dividend amount represents a 3.45 percent increase over the prior quarter’s dividend amount of 29 cents per common share. C&F Financial Corp (NASDAQ:CFFI) net profit margin is 21.10% and weekly performance is 2.12%. On last trading day company shares ended up $35.60. C&F Financial Corp (NASDAQ:CFFI) distance from 50-day simple moving average (SMA50) is 7.61%.