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 South Financial Group Inc.  (TSFG) Trade Now »     Rate TSFG  -  Discuss TSFG  -  Add to Watch List         Graphic_subscribe

       Sector: Financial  >  Industry: Regional Banks
This is a micro-cap stock and may be a target of manipulation. Always do your research!

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TSFG: Bull or Bear? From:    SocialPicks  |  Blogsphere  |  All

From the Blogosphere

After-Hours Movers 10/20: IDSA, ZHNE, SNDK, DSCM, SLM, YHOO Higher; TSFG, BNHNA, ISRG, PLCM, NUVA Lower
The South Financial Group Inc (NASDAQ: TSFG) <font>19% LOWER;</font> reports Q3 loss of ($1.95), versus the analyst estimate of ($0.45).Industrial Services of America, Inc. (NASDAQ: IDSA) <font>17.8% HIGHER;</font> announced financial guidance for the third quarter of 2009. Based on actual results and projected trends, the Company said third quarter basic and diluted earnings are expected to be in the range of $0.53 to $0.57 per share. Basic and diluted earnings for the third quarter of 2008 were $.36 per share.Zhone Technologies, Inc. (NASDAQ: ZHNE) <font>11.2% HIGHER;</font> reports a Q3 ...
By  Street Insider   (+0.33%  risk: moderate)  10/20/09 Comment


Analyst upgrades, downgrades and initiations: CCL, LDK, MSFT, PCLN

Filed under: Analyst reports, Analyst upgrades and downgrades, Analyst initiations

Analyst Ugrades
<>
  • Stephens upgraded Old Dominion Freight (NASDAQ: ODFL) to Overweight from Equal Weight to reflect the financial problems at YRC Worldwide (NASDAQ: YRCW), which the firm believes could lead to market share gains. Stephens raised its target on Old Dominion Freight to $40 from $22.
    • <>UBS expects SunPower (NASDAQ: SPWRA) to benefit from the U.S. residential solar segment as investment tax credits come available. The firm upgraded shares to Buy from Neutral and raised its target to $38 from $26....
    By  Eric Buscemi   (+0.00%)  06/19/09 Comment


    Morning Movers 6/19: ZZ, OCLS, SWHC, GLUU, NKTR Higher; TSFG, ETFC, TNK, SSL Lower
    Sealy Corp. (NYSE: ZZ) <font>33.3% HIGHER;</font> sees Q2 sales of $249-301 million, versus the consensus of $296.79 million. Gross profit for the quarter is expected to be in the range of $119-$123 million.The South Financial Group, Inc. (NASDAQ: TSFG) <font>21.3% LOWER;</font> today announced that it priced a $75 million offering of 75 million shares of its common stock at $1.00 per share. The underwriters will have a 30-day option to purchase up to an additional 10 million shares of common stock from the Company to cover over-allotments. The closing is expected to occur on or about June ...
    By  Street Insider   (+0.33%  risk: moderate)  06/19/09 Comment


    TARP, ARRA and limits on pay…

    South FinancialTempting as it is to focus on the giant banks, like Citi (C) and Bank of America (BAC), I couldn’t help but notice this 8K filed by The South Financial Group (TSFG) late Friday. Over the past year, the South Carolina bank’s stock has declined by 95% and the stock is currently trading at under a buck.

    Earlier this month, the bank announced that an interim CEO it had named in November, H. Lynn Harton, would be staying on permanently.

    <>Now here’s where it starts to get interesting: in between the time the bank announced Harton’s appointment and the time Harton’s compensation w<><><><><><><><><>< /><><>< /><>< /><>< /><>< /><>< />< />...
    By  footnoted   (+0.00%)  02/24/09 Comment


    Banks are still purging bad assets; which banks are on the edge and may fall off?

    Filed under: Deals, Management, Money and Finance Today, Financial Crisis

    The year 2008 saw a slew of discount M & A (mergers and acquisitions) deals, most of them below book value. Among these were Wachovia and National City. Capital One Financial bought Chevy Chase Bank at .64 times book value.

    If you look at the financial landscape for 2009, some names are already popping up for distressed sales, such as Citizens Republic Bancorp (NASDAQ:CRBC), Huntington Bancorp (NASDAQ:HBAN), Midwest South Financial (NASDAQ:TSFG) and Colonial Banc Group (NYSE:CNB).

    <>It seems that we will see a continuation...
    By  Connie Madon   (+0.00%)  01/05/09 Comment



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