Related Blog Posts from the Wikinvest Wire

City National (CYN)   Subscribe to City National (CYN) content from the Wikinvest Wire
 » Back to City National (NYSE:CYN) Stock Page


10/22/10City National Corp Posts Strong 3Q Results (Benzinga)

City National Corp. (NYSE: CYN) reported 3Q10 EPS of $0.65. Excluding one-time items related to prior FDIC deals and the early extinguishment of TRUPs, core EPS of $0.76 was well above J.P Morgan's $0.68 estimate as well as consensus of $0.56. The beat was almost entirely attributable to provision expense coming in well below forecast. While this lower run-rate for provision should benefit 4Q EPS, it doesn't materially alter JPM's view of 2012 or long- term earnings power at CYN. With...

12/18/09Another failed bank, this time in Cali (Credit Writedowns)

They keep coming and this one is big. It is #139. Capital Bank, La Jolla, California Imperial Capital Bank, La Jolla, California, was closed today by the California Department of Financial Institutions, which appointed the Federal Deposit Insurance Corporation (FDIC) as receiver. To protect the depositors, the FDIC entered into [...]

5/9/09Hedge Play of the Week, May 11-15 (ANF, CYN, LVS) (Erik's market view)

ANF (long): 19% short, earnings before the open on Friday. Same trend as other pre-earnings longs. Looking for some short covering going into it here. (sell before earnings,no "gaming"! (thurs by the close) - Target 29.00/200ma (this is the only long I like from the way I weekly hedge trade) I was looking a little at sqnm and akns long (but way too speculative and too low volume to "call" here...) CYN (short): See prior thread w/ chart - targets: 38.50, 33.00 . LVS (short): See prior...

5/7/09Hedge Idea of the Week, May 11-15 (a) (CYN) (Erik's market view)

If TM sells off hard tomorrow , it's NOT on next week's ideas. Ya know, it's really really hard to find a long for next week. Geez , I went through all my tickers (which is about 250 of em). Looked at who is reporting earnings next week, etc etc. I have a few, but I need to do some more homework, and I will put the best couple to me up this weekend. So for now, I just have 1 short and 1 conditional. (no long hedge yet) CYN short: There is no need to "always" look for BAC and C. I...

2/15/09Miami CEO Dishes Out $60 Million to Thank Employees (Hedge Fund Blogs From HedgeCo.Net)

New York (HedgeCo.Net) - While some top banking execs choose to blow millions on lavish area rugs or fancy, non functional commodes, Leonard Abess Jr. of Miami-based City National Bank had a better idea; give back to the people who made him his fortune. According to an exclusive published in the Miami Herald, Abess took [...]

Your blog posts can appear here by joining the Wikinvest Wire
Wikinvest © 2006, 2007, 2008, 2009, 2010, 2011, 2012. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.
Powered by MediaWiki