EagleBank shares upgraded to “Outperform”

Eagle Bank of Rossyln courtesy of aiadc.com

EagleBank is soaring above competitors in performance, and making moves locally to assert influence as the local bank on the rise. The $300 million strong bank out of Bethesda is gaining national attention in recent weeks for the bank's excellent performance. EagleBank was in the spotlight six weeks earlier as the termination of the merger agreement with Alliance Bank was announced. The undisclosed terms of non-agreement were not disclosed back in November, but three events in relation to EagleBank make deductive reasoning behind the decision to walk away from the Alliance Bank merger. Eagle Bank was featured as 1 of 3 bank stocks in America with a "big upside" on MSN Money. SmarTrend went public to investors in a recommendation of buying Eagle Bank stock, and SmarTrend did release an article on Tuesday to boast of EagleBank's(Eagle Bancorp: EGBN)  17.8% return to date from October's recommendation. The big news was the shares upgrade of Eagle Bank's(Eagle Bancorp: EGBN) from neutral … [Read more...]

Unemployment and Politics

The calendar change to 2012, and the plight of the unemployed in America is a top priority in American politics as President Obama did announce the good news on the December jobs report of 200,000 jobs added for the month and 1.6 million since the recessionary lows of 2009. The top priority for the politicians is the calendar change to 2012, and the upcoming presidential election that will pose two different ideologies against the other as the American people will vote outside the normal ideological talking points as in the past, but the economy and unemployment will be the top of mind as ballots are cast for President in November 2012. The critical nature of unemployment is evident in all walks of political life including the Republican Primary Vote in New Hampshire, President Obama's trip to Chicago, and the Federal  Reserve's promise to assist in the recovery to create more jobs in the economy. The earlier the better would have been the most appropriate course of action, but the … [Read more...]

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