TrustCo Bank Corp NY stock price, TRST

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Showing 1-10 of 551 items.
Date of ForecastStock PriceTarget PriceForecast Reached Date
2017-05-167.758.090000-00-00
2017-05-157.758.090000-00-00
2017-05-147.758.060000-00-00
2017-05-137.758.070000-00-00
2017-05-127.758.030000-00-00
2017-05-117.958.150000-00-00
2017-05-108.058.190000-00-00
2017-05-098.058.170000-00-00
2017-05-087.958.10000-00-00
2017-05-077.958.080000-00-00

TrustCo Bank Corp NY latest news:


  • 09/22/2017 00:25:21

    BRIEF-Ultra Petroleum Responds to make-whole ruling

    Ultra Petroleum Corp(UPL) - * Ultra Petroleum (UPL) - Bankruptcy court overseeing earlier restructuring proceedings denied Co's objection to make-whole, post-petition interest claims. * Ultra Petroleum (UPL) - Considering all options, including an immediate appeal Source text for Eikon: Further company coverage:

  • 09/20/2017 12:02:00

    Why the Bankruptcy Code is turning into a double-edged sword for banks

    Are banks getting boxed in after introduction of the Bankruptcy Code? The signs are pointing that way. Not only are they looking at prospects of steep haircuts (write-offs) on their loans; the Code would mean banks losing their business to the bond market. The Code is also upsetting the traditional rules of the games, where banks sold the personal guarantor's assets if a company was in default. This Monday, the Chennai bench of the National Company Law Tribunal (NCLT) ruled against State Bank of India (SBI) trying to do so. The case in question is between Veesons Energy Systems and SBI, in which the bench ruled in favour of the former's promoter and managing director, V Ramakrishnan, who gave personal guarantees to banks. SBI notified Veesons and Ramakrishnan on November 12 last year that the personal assets would be sold off. The company challenged it, stating it had applied to the Board for Industrial and Financial Reconstruction and till its application was decided, dues could not .

  • 09/15/2017 18:38:52

    Toys 'R' Us mulls bankruptcy filing -Wall Street Journal

    Toys ‘R’ Us Inc could file for bankruptcy in the coming weeks as pressure from skittish suppliers intensifies, the Wall Street Journal reported on Friday, citing people familiar with the matter. The company and its restructuring advisers are considering filing for Chapter 11 protection in the U.S. Bankruptcy Court in Richmond, Virginia, according to the WSJ report.

  • 09/15/2017 08:11:24

    BRIEF-Bank of America credit card delinquency, charge-off rate for August

    Bank Of America Corp(BAC). * Bank of America(BAC) - credit card charge-off rate was 2.80‍​ percent in August versus 2.53 percent in July. * Bank of America (BAC) - credit card delinquency rate was ‍​ 1.55 percent at August end versus 1.55 percent at July end - sec filing Source text : http://bit.ly/2y3yze6 Further company coverage:

  • 09/14/2017 09:17:12

    BRIEF-DIAMOND GAME AWARDED MISSOURI LOTTERY CONTRACT

    Pollard Banknote Ltd.(PBKOF) * DIAMOND GAME AWARDED MISSOURI LOTTERY CONTRACT. * Pollard Banknote Ltd. (PBKOF) - ‍TOTAL VALUE OF CONTRACT, WITH EXTENSIONS, IS ESTIMATED AT $22.8 MILLION U.S. DOLLARS​. * POLLARD BANKNOTE LTD. SAYS ‍THREE-YEAR CONTRACT WILL RUN UNTIL SEPT. 30, 2020, WITH THREE OPTIONAL ONE-YEAR EXTENSIONS​ Source text for Eikon: Further company coverage:

  • 09/14/2017 06:41:59

    BRIEF-Stratus Properties obtains financing, commences construction of Santal Phase II

    Stratus Properties Inc(STRS). * Stratus Properties Inc(STRS) obtains financing and commences construction of Santal Phase II. * Stratus Properties Inc (STRS) - it has obtained $26.4 million in additional financing from Comerica Bank for construction of Santal Phase II Source text for Eikon: Further company coverage:

  • 09/12/2017 15:13:56

    Apple issues another $5 billion in debt after iPhone event

    Apple Inc. said it is issuing $5 billion in new debt following its iPhone event, according to a Securities and Exchange Commission filing late Tuesday. Apple said it was issuing $1 billion in 1.50% notes due 2019, $1 billion in 2.10% notes due 2022, $2 billion in 2.90% notes due 2027, and $1 billion in 3.75% notes due 2047. Apple listed Goldman Sachs, Deutsche Bank, and Merrill Lynch among underwriters. Back in June, Apple issued $1 billion in debt, and in May the company issued $7 billion in debt. The issuance comes just hours after Apple introduced its new line of iPhones at its event in Cupertino, Calif. Apple has raised its debt load from zero in 2012 to nearly $90 billion by the end of the last quarter to offer dividends and share repurchases without paying a 35% corporate tax on overseas profit.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 09/12/2017 09:48:17

    BRIEF-Capital Bank opens for business in Florida

    * Capital Bank Financial says expect remaining Florida offices to be open and available to customers as soon as power and telecommunications are restored​ Source text for Eikon: Further company coverage:

  • 09/11/2017 08:29:26

    Goldman, Apple stocks contribute 50 of Dow's 200-point rally

    The Dow Jones Industrial Average was trading firmly higher on Monday, aided by a pop in shares of Apple Inc., and Goldman Sachs Group. Shares of Goldman , up $4.04., or 1.8%, were contributing about 27 points to the price-weighted Dow . Apple Inc.'s shares added about 22 points, ahead of the Cupertino, Calif.-based tech giant's latest iPhone on Tuesday. Goldman's shares may be tied to a rise in yields, with the 10-year benchmark Treasury note at 2.11% from 2.05% late Friday in New York. Higher yields are bullish for banks' lending models. A $1 move in any Dow component equates to a 6.89-point swing in the Dow. Overall , the market was enjoying a broad-based rally power by the financial sector and technology shares , both leading gains for the S&P 500 index . Most recently, the Dow was up 210 points, or 1%, at 22,008, the S&P 500 was 0.8% higher, while the Nasdaq Composite Index was looking at a gain of 1.2% at 6,433. The rally came in part as Hurricane Irma hit Florida with less force than expected and North Korea failed to conduct another nuclear missile test over the weekend, reviving investor appetite. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 09/08/2017 12:06:23

    Germany's Merck hires JP Morgan to advise on consumer health review

    Merck KGaA has hired investment bank JP Morgan as a financial adviser to evaluate strategic options for its consumer health business, a spokesman for the German company said on Friday. People familiar with the matter told Reuters that boutique bank Guggenheim Partners has also been mandated to help with the review, which was announced this week.

  • 09/08/2017 08:18:03

    Disney price target cut at UBS as company faces new streaming costs, impact of Hurricane Irma

    Analysts at UBS lowered their 2017 and 2018 earnings estimates for Walt Disney Co. , also dropping the 12-month price target to $122 from $126 on Friday after Disney Chief Executive Bob Iger told investors that the company's earnings growth would be stagnant. During a Bank of America media, communications and entertainment conference on Thursday, Iger told those in attendance that 2017 earnings would be roughly in line with the prior year's earnings, lowering expectations from previous guidance of modest growth. Disney shares took a 5% slide during intraday trading on Thursday following Iger's comments. The lower earnings expectations, Iger said, are due, in part, to expenses tied to Disney's BAMTech investment for its stand alone streaming service and impacts Disney parks are seeing from Hurricane Irma. Lead UBS analyst Doug Mitchelson also mentioned in a note to investors lower ratings at Disney's ABC network and tough content and licensing comparisons. "Many investors are questioning how Disney's valuation can expand while estimates are coming down due to investments in the future," Mitchelson wrote, noting the irony as investors have demanded media companies stop licensing content and build streaming platforms of their own. "This is compounded by the uncertainty as to the pace of decline of the pay TV bundle and the impacts of video fragmentation. As Disney officially starts its streaming shift, Mitchelson said it's critical that ESPN demonstrate pricing power, that cable losses are shored up by virtual multichannel video programming distributors, that content and the parks business continues executing, and that Disney displays cost discipline. Disney shares have declined nearly 7% in the year to date, while the S&P 500 index is up 10% and the Dow Jones Industrial Average is up more than 10%.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 09/07/2017 19:11:09

    Gymboree says court confirmed plan of reorganization

    Children's apparel retailer Gymboree Corp said on Thursday that the U.S. Bankruptcy Court for the Eastern District of Virginia has confirmed its plan of reorganization. "Gymboree expects to complete its financial restructuring process and emerge from Chapter 11 by the end of the month, after the conditions of the Plan are satisfied", said the company in a statement.

  • 09/07/2017 12:51:13

    Disney, Goldman stocks cut nearly 60 points from Dow industrials

    The Dow Jones Industrial Average was trading in negative territory Thursday afternoon, with shares of Walt Disney Co., and Goldman Sachs Group Inc., proving the biggest drags on the benchmark. Shares of Disney were down $5.13, or 5%, by far the worst performer among the Dow's 30 components and slicing more than 35 points from the price-weighted gauge. A $1 swing in any Dow component equates to a move of 6.89 points. The Dow was off 47 points, or 0.2% at 21,759, while the S&P 500 index was down 0.1% at 2,463, and the Nasdaq Composite Index was up about 0.1% at 6,396. During a Bank of America Merrill Lynch's Media, Communications & Entertainment Conference, Disney CEO Bob Iger said the entertainment and media giant will report annual earnings "roughly in line" with what the company generated in fiscal year 2016 at about $5.72, disappointing analysts average, annual estimates for full-year earnings a share of $5.89. Other media stocks also fell on the news, including CBS and 21st Century Fox . Meanwhile, Goldman Sachs Group Inc.'s shares also pressured the Dow as benchmark yields trade near fresh November lows, at 2.06%, for the 10-year Treasury note . That fact and diminished expectations for more rate increases by the Federal Reserve in 2017 weighs on a bank's business model. Combined, Goldman and Disney's stock were dragging the Dow down by about 60 points. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 09/07/2017 11:23:33

    Disney stock cuts almost 30 points from Dow industrials

    The Dow Jones Industrial Average was trading in negative territory Thursday afternoon, with shares of Walt Disney Co., and Apple Inc., proving the biggest drags on the benchmark. Shares of Disney were down $4.34, or 4.3%, the worst performer among the Dow's 30 components and slicing almost 30 points from the price-weighted gauge. A $1 swing in any Dow component equates to a move of 6.89 points. The Dow was off nearly 40 points, or 0.2% at 21,766, while the S&P 500 index was down 0.1% at 2,463, and the Nasdaq Composite Index was up about 0.1% at 6,396. During a Bank of America Merrill Lynch's Media, Communications & Entertainment Conference, Disney CEO Bob Iger said the entertainment and media giant will report annual earnings "roughly in line" with what the company generated in fiscal year 2016 at about $5.72, disappointing analysts average, annual estimates for full-year earnings a share of $5.89. Other media stocks also fell on the news, including CBS and 21st Century Fox . Meanwhile, Apple Inc.'s shares also pressured the Dow after a report from The Wall Street Journal that said the Cupertino, Calif.-based tech giant has been plagued by production glitches as it looks to roll out its latest update to its smartphone lineup with the the iPhone 8. Apples shares were down 62 cents or 0.4%, in most recent trade. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 09/07/2017 10:48:55

    Disney, Apple stocks cut 30 points from Dow industrials

    The Dow Jones Industrial Average was trading in negative territory Thursday afternoon, with shares of Walt Disney Co., and Apple Inc., proving the biggest drags on the benchmark. Shares of Disney were down $3.70, or 3.6%, the worst performer among the Dow's 30 components and slicing about 25 points from the price-weighted gauge. A $1 swing in any Dow component equates to a move of 6.89 points. The Dow was off nearly 60 points, or 0.3% at 21,753, while the S&P 500 index was down 0.2% at 2,461, and the Nasdaq Composite Index was up about 0.2% at 6,388. During a Bank of America Merrill Lynch's Media, Communications & Entertainment Conference, Disney CEO Bob Iger said the entertainment and media giant will report annual earnings "roughly in line" with what the company generated in fiscal year 2016 at about $5.72, disappointing analysts average, annual estimates for full-year earnings a share of $5.89. Other media stocks also fell on the news, including CBS and 21st Century Fox . Meanwhile, Apple Inc.'s shares also pressured the Dow after a report from The Wall Street Journal that said the Cupertino, Calif.-based tech giant has been plagued by production glitches as it looks to roll out its latest update to its smartphones: the iPhone 8. Apples shares were down 85 cents or 0.5%, in most recent trade. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 09/07/2017 10:39:32

    Disney stock cuts 25 points from Dow industrials after Iger lowers earnings expectations

    The Dow Jones Industrial Average was trading in negative territory Thursday afternoon, with shares of Walt Disney Co., proving the biggest drag on the benchmark after its CEO issued an earnings warning. Shares of Disney were down $3.60, or 3.6%, the worst performer among the Dow's 30 components and slicing about 25 points from the price-weighted gauge. A $1 swing in any Dow component equates to a move of 6.89 points. The Dow was off nearly 60 points, or 0.3% at 21,753, while the S&P 500 index was down 0.2% at 2,461, and the Nasdaq Composite Index was up about 0.2% at 6,388. During a Bank of America Merrill Lynch's Media, Communications & Entertainment Conference, Disney CEO Iger said the entertainment and media giant will report annual earnings "roughly in line" with what the company generated in fiscal year 2016 at about $5.72, disappointing analysts average, annual estimates for full-year earnings a share of $5.89. Other media stocks also fell on the news, including CBS and 21st Century Fox . Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 09/07/2017 10:19:11

    Disney stock cuts 24 points from Dow industrials after Iger cuts expectations

    The Dow Jones Industrial Average was trading in negative territory Thursday afternoon, with shares of Walt Disney Co., proving the biggest drag on the benchmark after its CEO issued an earnings warning. Shares of Disney were down $3.35, or 3.3%, the worst performer among the Dow's 30 components and slicing about 24 points from the price-weighted gauge. A $1 swing in any Dow component equates to a move of 6.89 points. The Dow was off 35 points, or 0.2% at 21,773, while the S&P 500 index was down 0.1% at 2,463, and the Nasdaq Composite Index was up about 0.1% at 6,397. During a Bank of America Merrill Lynch's Media, Communications & Entertainment Conference, Disney CEO Iger said the entertainment and media giant will report annual earnings "roughly in line" with what the company generated in fiscal year 2016 at about $5.72, disappointing analysts average, annual estimates for full-year earnings a share of $5.89. Other media stocks also fell on the news, including CBS and 21st Century Fox . Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 09/06/2017 23:36:22

    UK Stocks-Factors to watch on Sept 7

    Sept 7 (Reuters) - Britain's FTSE 100 index is seen opening 10 points higher at 7354.13 on Thursday, according to financial bookmakers. * RBS: Britain's financial regulator should release a leaked report about Royal Bank of Scotland that alleged many companies suffered from "inappropriate action" by its Global Restructuring Group unit, a senior British lawmaker said. * ASTRAZENECA: A new kind of injectable biotech treatment for severe asthma from AstraZeneca and Amgen promises t

  • 09/06/2017 16:05:11

    BRIEF-Comerica to close Florida banking centers in wake of Hurricane Irma

    Comerica Inc(CMA). * Comerica(CMA) to close Florida banking centers in wake of Hurricane Irma. * Comerica Inc (CMA) - ‍Closing banking centers and offices in Florida as early as Sept. 7, 2017; all Florida locations will be closed on Sept. 8​ Source text for Eikon: Further company coverage:

  • 09/06/2017 14:03:36

    BRIEF-Td Canada Trust announces change to prime lending rate

    * Toronto-Dominion Bank - ‍increased its prime lending rate by 25 basis points to 3.2 per cent, effective September 7, 2017​ Source text for Eikon: Further company coverage:

  • 09/05/2017 14:12:19

    CANADA STOCKS-TSX falls as financials falter amid investor jitters

    TORONTO, Sept 5 (Reuters) - Canada's main stock index fell on Tuesday, with bank and insurance company stocks leading a broad selloff amid investor jitters about North Korea and a hurricane heading towards the southern United States.

  • 09/05/2017 10:48:14

    Credit Suisse chairman wants change to allow more big bank deals

    Credit Suisse Chairman Urs Rohner on Tuesday called on regulators to make it easier to do large cross-border mergers and acquisitions in European banking. Rohner, who earlier in his career worked as a mergers and acquisitions lawyer, said many banks now balk at large deals due to the risks of them being rejected by authorities.

  • 09/04/2017 13:07:35

    BRIEF-Sparebanken Vest Boligkreditt says launched new FRN covered bond

    Sparebanken Vest Boligkreditt: * Sparebanken Vest Boligkreditt says launched new FRN covered bond maturing September 11th 2023. * Sparebanken Vest Boligkreditt says total outstanding for the bond is nok 5 billion Source text for Eikon: Further company coverage:

  • 09/01/2017 15:18:38

    BRIEF-Xilinx Inc says‍ on Aug 31, 2017, co entered into third supplemental indenture with U.S. Bank National ...

    Xilinx Inc(XLNX). * Xilinx Inc(XLNX) says‍ on Aug 31, 2017, co entered into third supplemental indenture with U.S. Bank National Association as trustee - SEC filing​. * Xilinx Inc (XLNX) - third supplemental indenture amends second supplemental indenture to clarify certain redemption terms Source text: [http://bit.ly/2eMn6IB] Further company coverage:

  • 08/31/2017 14:52:05

    BRIEF-‍Canadian Imperial says selling shareholder may offer to sell 791,814 common shares of co

    Canadian Imperial Bank Of Commerce(CM). * ‍Canadian Imperial Bank Of Commerce (CM) files to say selling shareholder may offer to sell 791,814 common shares of co - SEC filing​ Source text:[http://bit.ly/2iJ7aew] Further company coverage:

  • 08/31/2017 13:07:48

    Wells Fargo review is over and that's a positive for the stock, says Keefe, Bruyette & Woods

    Keefe, Bruyette & Woods said Thursday the end of Wells Fargo & Co.'s third-party review of its retail accounts is a positive for the bank, as it should mean an end to the negative headlines. Wells said earlier the review haduncovered 3.5 million unauthorized accounts, up from an earlier estimate of 2.1 million. The bank will now refund $2.8 million on top of the $3.3 million already refunded. "The retail sales practice scandal settlement was announced nearly a year ago, and at this stage we now expect the trickle of new information to slow considerably," analysts wrote in a note. "That said the company still has to resolve issues related to its auto lending business, collateral protection insurance (CPI) and guaranteed auto protection waivers (GAP insurance), and we expect those items to remain an overhang on shares of WFC in the near-term." As long as no new issues emerge, the stock's underperformance should reverse, they said. Shares were down 0.8%, and have fallen 7.6% in 2017, while the S&P 500 has gained 10.4%. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 08/31/2017 00:11:24

    The budget bank rattling South Africa's financial sector

    STELLENBOSCH, South Africa (Reuters) - A budget bank is booming in South Africa's economic slump, challenging the decades-long dominance of the "big four" lenders and prompting a price war that is driving down banking costs in a country where many people can't afford an account.

  • 08/30/2017 15:48:32

    BRIEF-Allegiance Bank provides Hurricane Harvey update

    Allegiance Bancshares Inc(ABTX). * Allegiance Bank provides Hurricane Harvey update. * Allegiance Bancshares Inc(ABTX) - none of Allegiance's 16 bank office locations were flooded. * Allegiance Bancshares Inc (ABTX) says banking operations remained uninterrupted throughout Hurricane Harvey with exception of lobby services​ Source text for Eikon: Further company coverage:

  • 08/30/2017 12:30:00

    Drop in bank deposit rates to make mutual funds attractive

    The reduction in interest rates on savings deposits is an opportunity for mutual funds (MFs) to popularise their low-risk debt offerings, says rating agency Icra.A month ago, State Bank of India (SBI) announced a 50 basis points (bps) reduction in the interest rate on savings deposits, of less than Rs 1 crore million to 3.5 per cent. Following SBI's lead, many other public and private sector banks have reduced the interest rates on saving deposits."This is expected to create an opportunity for liquid mutual funds to tap into retail savings, by providing an avenue for parking surplus liquidity while earning a premium over savings rate," said Icra in a release.At present, mostly corporates and institutional investors park their surplus cash in low-risk MF products such as liquid schemes. With the savings rate going down, liquid funds "could gain prominence as an alternative tool" for retail investors, says Icra. "Liquid schemes have reported annualised returns in the range of 6.5 per ...

  • 08/28/2017 12:32:37

    Goldman, Travelers stocks exact nearly 50-point toll on Dow industrials in afternoon trade

    Shares of insurance giant Travelers Cos. Inc. and investment bank Goldman Sachs Group Inc., on Monday afternoon were yanking the Dow Jones Industrial Average lower. The fallout of now-Tropical storm Harvey, which has submerged much of the Houston area in what is expected to be 50 inches of rain. That has whacked insurance companies, while growing doubts about additional rate hikes in 2017, has pressured bank shares. Travelers's stock was off 2.7%, or about $3.41, while Goldman's shares were down about 1.6% at $3.55, translating to a 47-point retreat in the price-weighted Dow industrials . A $1 move in any of the Dow equates to a 6.84-point swing in the blue-chip average. Overall, the Dow reversed modest gains at the open, to trade down 25 points, or 0.2%, at 21,781, while the S&P 500 index was off 2 points at 2,441, and the Nasdaq Composite Index traded 0.2% higher. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

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