Thursday , 19 April 2018

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Financial Sector Update for 03/19/2015: GLBZ, FCH, NMIH

Top Financial Shares:

JPM: -0.9%

BAC: -2.3%

WFC: -1.2%

C: -2.5%

USB: -0.9%

Financial shares ended the day lower on Thursday.

In financial stocks news, Glen Burnie Bancorp ( GLBZ ) said it will pay a regular quarterly dividend on its common stock of $0.10 per share on April 8 to shareholders of record on March 27. The bank holding company has maintained its dividend rate from the previous quarter.

Shares in the company closed 3.3% lower at $12.40. Over the past 52 weeks, the company has traded between $11 and $13.50.

Meanwhile shares of FelCor Lodging Trust ( FCH ) closed higher erasing earlier losses Thursday after the real estate investment trust boosted its guidance on full-year 2015 adjusted funds from operations (FFO) and issued upside guidance on FY16 adjusted FFO above Street expectations.

Shares in the company closed 0.3% higher at $11.40. Over the past 52 weeks, the company has traded between $8.59 and $11.47.

And NMI Holdings ( NMIH ) shares were initiated by Keefe, Bruyette & Woods with an outperform rating and $9.50 price target.

Shares in the company closed 0.3% lower at $7.43. Over the past 52 weeks, the company has traded between $7.25 and $12.

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Financial Sector Update for 03/19/2015: GLBZ, FCH, NMIH Reviewed by on . Top Financial Shares: JPM: -0.9% BAC: -2.3% WFC: -1.2% C: -2.5% USB: -0.9% Financial shares ended the day lower on Thursday. In financial stocks news, Glen Burn Top Financial Shares: JPM: -0.9% BAC: -2.3% WFC: -1.2% C: -2.5% USB: -0.9% Financial shares ended the day lower on Thursday. In financial stocks news, Glen Burn Rating:
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