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Morning Alert: Huntington Bancshares Incorporated (NASDAQ:HBAN), Citigroup Inc. (NYSE:C), ForceField Energy Inc. (NASDAQ:FNRG), NOW Inc. (NYSE:DNOW), Apollo Investment Corporation (NASDAQ:AINV)

Morning Alert: Huntington Bancshares Incorporated (NASDAQ:HBAN), Citigroup Inc. (NYSE:C), ForceField Energy Inc. (NASDAQ:FNRG), NOW Inc. (NYSE:DNOW), Apollo Investment Corporation (NASDAQ:AINV)
Written by
Charles Donlon
Published on
October 16, 2014
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Huntington Bancshares (NASDAQ:HBAN) will issue its Q314 quarterly earnings data on Friday, October 17th. Analysts expect the company to announce earnings of $0.19 per share and revenue of $716.40 million for the quarter. Huntington Bancshares Incorporated (NASDAQ:HBAN) in last trading activity moved down -3.47% to close at $9.18. Company weekly performance is -5.94% while its quarterly performance stands at -0.76%. Huntington Bancshares Incorporated (NASDAQ:HBAN) is -10.87% away from its 52 week high.Citigroup Inc (NYSE:C) said it was pulling out of consumer banking in 11 markets, including Japan and Egypt, as the U.S. bank with the biggest international business looks to cut persistently high costs. The third-largest U.S. bank, built with a series of acquisitions spanning back to the 1980s, has been trying to slim down since the financial crisis to be as profitable as rivals. It has shed hundreds of billions of dollars of bad assets. The latest exits were the result of studies the bank began in early 2012 to figure out which countries were not profitable enough for retail banking. On last trading day Citigroup Inc. (NYSE:C) moved down -3.48% to close at $49.68. Its volatility for the week is 3.10% while volatility for the month is 2.05%. C's sales growth for past 5 years was -10.00% and its EPS growth for past 5 years was 15.60%. Citigroup Inc. (NYSE:C) monthly performance is -5.12%.ForceField Energy Inc (NASDAQ:FNRG) awarded $8.4M agreement to offer led lighting to the municipality of Uruapan, Mexico (FNRG) : The firm Accept the agreement and announced the signing of an LED lighting agreement with the municipality of Uruapan, Mexico. The common savings agreement is predictable to produce $8.4M in revenue for ForceField Energy Inc (NASDAQ:FNRG) up to ten year period for the supply and installation of approximately 15,000 LED streetlights for all public roads and highways in Uruapan. On last trading day ForceField Energy Inc. (NASDAQ:FNRG) moved up 0.16% to close at $6.31. Its volatility for the week is 0.54% while volatility for the month is 1.67%. FNRG's EPS growth for past 5 years was -55.20%. ForceField Energy Inc. (NASDAQ:FNRG) monthly performance is 4.82%.Global Hunter Securities initiated coverage on Now Inc (NYSE:DNOW) with a Neutral rating and a price target of $28. Analyst Walt Liptak is cautious given valuation. In last trading activity company's stock closed at $27.95.Apollo Investment Corporation (NASDAQ:AINV) announced on 10 October 2014 that it will report its second quarter results for the period ended September 30, 2014 prior to the opening of the financial markets on Thursday, November 6, 2014. On Wednesday shares of Apollo Investment Corporation (NASDAQ:AINV) closed at $7.83. Company's sales growth for last 5 years was 0.20% and EPS growth for next 5 years is recorded as 1.70%.

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