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BXS missed estimates last week, up nearly 5% today.

Posted on 10/28/15 at 4:25 pm
Posted by Jim Rockford
Member since May 2011
98188 posts
Posted on 10/28/15 at 4:25 pm
Not that I'm complaining, but WTF?
Posted by southernelite
Dallas
Member since Sep 2009
53177 posts
Posted on 10/28/15 at 5:03 pm to
Go read the earnings release or call transcript and you can probably figure out why. They've added someone to their board, so I'd imagine that would signal they may change some things. Maybe they announced a cost-cutting plan, maybe they revised their year-end guidance up, maybe their CEO wore a green shirt today instead of blue.
Posted by nelatf
NELA
Member since Jan 2011
2296 posts
Posted on 10/29/15 at 11:41 am to
improving cost structure
2.9MM shares repurchased
Earnings per share up 6 cents compared to same time period as last year

I am no attorney but reading the transaction closing section makes me think one transaction won't happen....which may be good for bxs stockholders.

As SE stated ......look at the new director - there will be an IT push
This post was edited on 10/29/15 at 11:43 am
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