Pompano Beach, FL -- (SBWIRE) -- 01/17/2013 -- On Thursday Huntington Bancshares Incorporated (NASDAQ:HBAN) reported its quarterly earnings. The firm announced $0.19 earnings for each share for the quarter, topping the experts’ consensus forecast of $0.17 by $0.02. In the similar quarter last year, the firm reported $0.14 earnings per share.
HBAN has been the under spotlight of a lot of latest research reports. Experts at Barclays Capital reiterated an “underweight” rating on stock of Huntington Bancshares Incorporated (HBAN) in a research note to investors on Wednesday, January 9th.
Can Huntington Bancshares stock maintain its rally among high volatility? Get your results here
Barclays experts now have a price target of $7.00 on the stock. On a associated note, experts at Deutsche Bank reiterated a “hold” rating on stock of Huntington Bancshares Incorporated in a research memorandum to investors on Friday, January 4th. They now keep a $7.00 price target on the stock, higher formerly from $6.00.
Shares were trading in bullish zone with almost positive change of 2% during Thursday trading session.
The Wall Street Journal is announcing that Dow component Hewlett Packard (NYSE:HPQ) has got offers to purchase both Autonomy and EDS.
The firms have shed lots of their worth since being purchased by HP, forcing almost 16 billion in write-downs in HP’s past two financial reports of 2012.
This news arrives in wake of news that HP could got for sell off some of its units to get some revenue during its huge restructuring.
What Autonomy Chief has to say about HP moves? Get results here
Previous Autonomy CEO Mike Lynch was rapidly opinionated in replying HP’s takeovers, accusing mismanagement at HP for Autonomy’s lost worth. He even began a website to counter HP’s claims.
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