Posts for Ticker ‘SBIB’

Top 10 Analyst Upgrades, Downgrades, Initiations (AOL, ARMH, XOM, FNSR, MJN, PALM, PMCS, RSH, SBIB, V)

These are Monday’s top ten analyst upgrades, downgrades, and initiations seen in Wall Street research calls:

AOL Inc. (NYSE: AOL) Started as Underperform at Credit Suisse.
ARM Holdings (NASDAQ: ARMH) Started as Buy at Deutsche Bank.
ExxonMobil (NYSE: XOM) Raised to Buy at Societe Generale.
Finisar (NASDAQ: FNSR) Raised to Overweight at Piper Jaffray.
Mead Johnson Nutrition (NYSE: MJN) Raised to Outperform at Credit Suisse.
Palm, Inc. (NASDAQ: PALM) Raised to Hold from Sell at Jesup & Lamont.
PMC-Sierra (NASDAQ: PMCS) Cut to Equal Weight at BArclays.
RadioShack (NYSE: RSH) Raised to Overweight at Barclays.
Sterling Bancshares (NASDAQ: SBIB) Raised to Outperform at Oppenheimer.
Visa Inc. (NYSE: V) Raised to Outperform at Baird.

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JON C. OGG

Posted on: December 14, 2009 – 8:08 am in Analyst Calls, , , , , , , , , ,

Sterling Bancshares Files To Raise Cash… Adios TARP? (SBIB, SBIBN)

money-stack-image28Sterling Bancshares Inc. (NASDAQ: SBIB) has just filed with the SEC to sell up to $150 million in a mixed securities shelf filing.  The bank listed that it will sell any combination of preferred stock, common stock, and warrants.  The interesting notion here is that the securities shelf registration states that these may be sold by the company and/or by one or more selling security holders to be identified in the future.  The company’s preferred shares trade as “SBIBN” on NASDAQ.

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Posted on: April 14, 2009 – 10:17 am in Banking, Financial Stocks, Politics, Secondary Offering, ,