Kolkata, West Bengal -- (SBWIRE) -- 09/27/2013 -- Specialpennystockalert.com, an investment community with a special focus on updating investors with recent news on the U.S. stock market, issues news alert on Genco Shipping & Trading Limited(NYSE:GNK), Huntington Bancshares Incorporated (NASDAQ:HBAN).
Genco Shipping & Trading Limited(NYSE:GNK) shares fell 7.21% and closed at $4.12. Research analysts at Credit Suisse lowered their target price on shares of Genco Shipping & Trading (NYSE:GNK) from $7.00 to $2.00 in a report released on August 23. Credit Suisse’s price target suggests a potential downside of 13.04% from the company’s current price.
Should Investors Buy GNK After Yesterday’s Jump? Find Out Here
Huntington Bancshares Incorporated (NASDAQ:HBAN) shares declined 1.06% to $8.27. The company on Sept. 3 said it is getting back into the credit-card business. The subsidiary of Columbus, Ohio-based Huntington Bancshares Inc. will launch a consumer credit card that allows customers to choose among rewards in 13 categories or low interest rates on their revolving balances.
Additionally, the company expects to report its third quarter earnings on Thursday, October 17, 2013, prior to the market opening. Huntington's senior management will host an earnings conference call the same day at 10:00 a.m. (Eastern Time).
Moreover, the company will begin trading ex-dividend on September 27, 2013. A cash dividend payment of $21.25 per share is scheduled to be paid on October 15, 2013. Shareholders who purchased HBANP stock prior to the ex-dividend date are eligible for the cash dividend payment.
Is HBAN A Good Buy After The Recent Price Movement? Find Out Here
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