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Flushing Financial Corporation (FFIC) [hlAlert]

Rating:
Neutral FFIC

Flushing Financial Corporation (FFIC) rated Neutral by Sterne Agee

Posted on: Monday,  Aug 24, 2009  9:25 AM ET by Sterne Agee

Sterne Agee rated Neutral Flushing Financial Corporation (NASDAQ: FFIC) on 08/24/2009. Previously Sterne Agee rated Buy Flushing Financial Corporation (NASDAQ: FFIC) on
01/29/2008., when the stock price was $15.71. Since then, Flushing Financial Corporation has gained 20.75% as of 04/29/2008's recent price of $18.97.
If you would have followed the previous Sterne Agee's recommendation on FFIC, you would have gained 20.75% of your investment in 91 days.

FLUSHING FINANCIAL CORP. is a unitary savings and loan holding company, which, under existing laws, is generally not restricted as to types of business activities in which it may engage, provided that the subsidiary, continues to be a qualified thrift lender. Under the regulations of the Office of Thrift Supervision, the subsidiary is a qualified thrift lender if its ratio of qualified thrift investments to portfolio assets is 65% or more, on a monthly average basis in nine of every 12 months.

For more than a century, Sterne Agee has worked in the belief that succeed only when our clients thrive. For a brokerage firm to survive for more than 100 years is hard enough. One can only thrive that long, though, by ensuring that your clients thrive first. Sterne Agee is one of the oldest and largest privately held brokerage firms left in the industry. Sterne Agee is a member of the New York Stock Exchange, and a registered Broker Dealer. Sterne Agee offers clients all the advantages of a full-service firm, yet retain the flexibility and personal attention that are rarely found in the huge names. Sterne Agee's expertise includes retail and institutional brokerage; investment banking and underwriting; secondary trading of corporate, municipal, and government securities; and market making in over-the-counter stocks.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
8/24/2009 9:25 AM Hold
None
13.20
as of 12/31/2009
1 Week   
1 Month   
3 Months   
1 YTD   
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
4/29/2008 9:25 AM Hold
None
18.97 20.00
1/29/2008 9:25 AM Buy
None
15.71 19.00

(*) Stock Price at the time of the recommendation.
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