Orlando, FL -- (SBWIRE) -- 10/21/2013 -- Hot Stock Profits provides investors and traders with valuable trading tools and content as well as micro-cap stock alerts via eMail and text messages. To Join Our Text Message Alerts Service Just Text The Word Stocks To 555888 From Your Cell Phone. Our Focus Today Is On First Horizon National Corporation (NYSE:FHN), Pandora Media Inc (NYSE:P).
First Horizon National Corporation (NYSE:FHN) shares declined 3.76% to $11.01. The company on Oct. 18 reported a loss for the third quarter, compared with a profit it recorded last year. The results included a $200 million addition to a mortgage repurchase reserve.
Net loss available to common shareholders was $107.4 million or $0.45 per share, compared with net income of $25.8 million or $0.10 per share last year. Analysts expected the company to report earnings per share of $0.18 for the quarter. For the three-month period, the company reported total revenues of $309.3 million, down from $337 million a year earlier. Analysts expected the company to generate revenues of $307.14 million for the quarter.
Are investors worried about the recent updates with FHN? Find out with a free trend analysis HERE
Pandora Media Inc (NYSE:P) shares increased 3.95% to $28.17. Pacific Crest Securities analyst Andy Hargreaves increased Pandora Media, Inc. and raised price target from $25 to $32.
Separately, Investment analysts at Cowen and Company raised their price target on shares of Pandora Media from $23.00 to $29.00 in a note issued to investors on Oct. 14. The firm currently has an “outperform” rating on the stock.
Is P going to continue its rally or drop like a rock? Find out with a free trend analysis HERE
Join Our Mobile SMS Alerts By Texting Stocks To 555888
HotStockProfits.com continuously monitors and scans the markets for day trading and swing trading signals on NASDAQ, NYSE, AMEX, OTCBB and Pink Sheet companies for its free e-newsletter subscribers.
HotStockProfits.com is not a registered investment advisor and nothing contained in any materials should be construed as a recommendation to buy or sell securities. Investors should always conduct their own due diligence with any potential investment. Please visit HotStockProfits.com website, for complete risks and disclosures.
Copyright © 2005-2013 - SBWire, The Small Business Newswire - All Rights Reserved - Important Disclaimer
Contact Us: 888-4-SBWIRE (US) - 920-593-5640 (International)