Beacon Equity issues Technical Trading Overview for Huntington Bancshares Inc.
The report includes financial, comparative and investment analyses, and pertinent industry information you need to know to make an educated investment decision.
(EMAILWIRE.COM, September 22, 2009 ) DALLAS, Texas - BeaconEquity.com announces an investment report featuring financial company Huntington Bancshares Inc. (NASDAQ: HBAN).
The investment report on Huntington Bancshares Inc. (NASDAQ: HBAN) should be of particular interest to other financial companies: First Third Bancorp. (Nasdaq: FITB), JPMorgan Chase & Co. (NYSE: JPM) and KeyCorp (NYSE: KEY).
It is available at: http://www.beaconequity.com/i/HBAN
Get our alerts BEFORE the rest of the market. Follow us on Twitter: http://twitter.com/BeaconEquity
Huntington Bancshares Inc. (HBAN) provides full-service consumer and commercial banking, mortgage banking, auto financing, equipment leasing, investment management, trust services, brokerage services, customized insurance service programs, and other services to customers in Ohio, Michigan, Pennsylvania, Indiana, West Virginia and Kentucky.
In the report, the analyst notes:
“Topping the list of the reasons for the Company's poor performance includes under-performing assets losses from its portfolio of third-tier assets. The full extent of the Company's losses following the steep declines in residential and commercial real estate values throughout the states in which the Company does business remains unclear. The Company's exposure to collateralized mortgage obligations (CMOs) and collateralized debt obligations (CDOs) is not significant to impact the Company in a material way. Estimates of losses under the FASB 157 rule total less than $20 million, not a significant amount when compared with the Company's total assets.
“The Company's free cash flow and profitability remains questionable due to further increases in expected defaults from increases in unemployment, deteriorating real estate values, and higher deposit insurance premiums expected to be levied from the Federal Deposit Insurance Corporation (FDIC).”
To read the entire report visit: http://www.beaconequity.com/i/HBAN
See what investors are saying about these stocks at: http://www.stockhideout.com/
BeaconEquity.com is one of the industry's largest small-cap report providers. Beacon strives to provide a balanced view of many promising small-cap companies that would otherwise fall under the radar of the typical Wall Street investor. We provide investors with an excellent first step in their research and due diligence by providing daily trading ideas, and consolidating the public information available on them. For more information on Beacon Research, please visit http://www.BeaconEquity.com
Beacon Equity Disclosure
DO NOT BASE ANY INVESTMENT DECISION UPON ANY MATERIALS FOUND ON THIS REPORT. We are not registered as a securities broker-dealer or an investment adviser either with the U.S. Securities and Exchange Commission (the "SEC") or with any state securities regulatory authority. We are neither licensed nor qualified to provide investment advice. Beacon Equity Research nor its affiliates have a beneficial interest in the mentioned company; nor have they received compensation of any kind for any of the companies listed in this communication. The information contained in our report is not an offer to buy or sell securities. We distribute opinions, comments and information free of charge exclusively to individuals who wish to receive them.
The investment report on Huntington Bancshares Inc. (NASDAQ: HBAN) should be of particular interest to other financial companies: First Third Bancorp. (Nasdaq: FITB), JPMorgan Chase & Co. (NYSE: JPM) and KeyCorp (NYSE: KEY).
It is available at: http://www.beaconequity.com/i/HBAN
Get our alerts BEFORE the rest of the market. Follow us on Twitter: http://twitter.com/BeaconEquity
Huntington Bancshares Inc. (HBAN) provides full-service consumer and commercial banking, mortgage banking, auto financing, equipment leasing, investment management, trust services, brokerage services, customized insurance service programs, and other services to customers in Ohio, Michigan, Pennsylvania, Indiana, West Virginia and Kentucky.
In the report, the analyst notes:
“Topping the list of the reasons for the Company's poor performance includes under-performing assets losses from its portfolio of third-tier assets. The full extent of the Company's losses following the steep declines in residential and commercial real estate values throughout the states in which the Company does business remains unclear. The Company's exposure to collateralized mortgage obligations (CMOs) and collateralized debt obligations (CDOs) is not significant to impact the Company in a material way. Estimates of losses under the FASB 157 rule total less than $20 million, not a significant amount when compared with the Company's total assets.
“The Company's free cash flow and profitability remains questionable due to further increases in expected defaults from increases in unemployment, deteriorating real estate values, and higher deposit insurance premiums expected to be levied from the Federal Deposit Insurance Corporation (FDIC).”
To read the entire report visit: http://www.beaconequity.com/i/HBAN
See what investors are saying about these stocks at: http://www.stockhideout.com/
BeaconEquity.com is one of the industry's largest small-cap report providers. Beacon strives to provide a balanced view of many promising small-cap companies that would otherwise fall under the radar of the typical Wall Street investor. We provide investors with an excellent first step in their research and due diligence by providing daily trading ideas, and consolidating the public information available on them. For more information on Beacon Research, please visit http://www.BeaconEquity.com
Beacon Equity Disclosure
DO NOT BASE ANY INVESTMENT DECISION UPON ANY MATERIALS FOUND ON THIS REPORT. We are not registered as a securities broker-dealer or an investment adviser either with the U.S. Securities and Exchange Commission (the "SEC") or with any state securities regulatory authority. We are neither licensed nor qualified to provide investment advice. Beacon Equity Research nor its affiliates have a beneficial interest in the mentioned company; nor have they received compensation of any kind for any of the companies listed in this communication. The information contained in our report is not an offer to buy or sell securities. We distribute opinions, comments and information free of charge exclusively to individuals who wish to receive them.
Contact Information:
Beacon Equity
Jeff Bishop
Tel: (469)-252-3505
Email us
This is a press release. Press release distribution and press release services by EmailWire.Com: http://www.emailwire.com/us-press-release-distribution.php.
Beacon Equity
Jeff Bishop
Tel: (469)-252-3505
Email us
This is a press release. Press release distribution and press release services by EmailWire.Com: http://www.emailwire.com/us-press-release-distribution.php.
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