U.S. business borrowing for equipment falls 7 percent in Sept.: ELFA

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Bank of America (BAC) Declares $0.12 Quarterly Dividend; 1.7% Yield

October 25, 2017 11:54 AM EDT

Bank of America (NYSE: BAC) declared a quarterly dividend of $0.12 per share, or $0.48 annualized.

The dividend will be payable on December 29, 2017, to stockholders of record on December 1, 2017, with an ex-dividend date of November 30, 2017.

The annual yield on the dividend is 1.7... More

CIT Group (CIT) PT Lowered to $44 at Barclays on 3Q Report; 'Top-line Headwinds To Weigh on Earnings'

October 25, 2017 11:51 AM EDT

Barclays lowered its price target on CIT Group (NYSE: CIT) to $44.00 (from $45.00) while maintaining a Equalweight rating, following the company's third quarter earnings report.

Analyst Mark DeVries notes the company delivered third quarter earnings per share above before earnings per share results, despite... More

CIT Group (CIT) PT Raised to $35 at BMO Capital on 3Q Report; 'Raising Estimates From Lower Expected Costs'

October 25, 2017 9:03 AM EDT

BMO Capital raised its price target on CIT Group (NYSE: CIT) to $35.00 (from $31.00) while maintaining a Underperform rating, following the company's third quarter earnings report.

Analyst James Fotheringham notes a positive outlook on the shares, as the company reported third quarter earnings per... More

Caterpillar (CAT) PT Raised to $140 at Baird Following 3Q

October 25, 2017 8:42 AM EDT

Baird raised its price target on Caterpillar (NYSE: CAT) to $140.00 (from $130.00) while maintaining a Neutral rating following the company's 3Q report. CAT reported adjusted EPS of $1.95, above consensus of $1.27.

2017 guidance was raised, given recent dealer inventory dynamics 4Q appears to have upside. CAT expects 2017... More

'Speculatively Bullish' Options Activity in Bank of America (BAC) Targets 5% Upside in Shares by Mid-January -Susquehanna

October 24, 2017 2:54 PM EDT

Susquehanna options strategist Alison Edwards notes speculatively bullish options activity in Bank of America (NYSE: BAC), as opening investors purchased ~50k Jan 28 Calls, most for $1.02, targeting 5% upside into mid-Jan.

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Near-Term Bullish Options Positioning in Verizon Communications (VZ) Targets AT&T Inc. (T) Q3 Earnings Call Tonight as Potential Upside Catalyst -Susquehanna

October 24, 2017 2:23 PM EDT

Susquehanna options strategist Alison Edwards notes near-term bullish options positioning in Verizon Communications (NYSE: VZ), as investors purchased 10k of this week's 49 Calls, ahead of competitor, AT&T's (NYSE: T) 3Q earnings announcement tonight.

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