Chesapeake Financial Shares Inc
Change company Symbol lookup
Select an option...
CPKF Chesapeake Financial Shares Inc
AGNC Agnc Investment Corp
BYND Beyond Meat Inc
NDENF Central African Gold Inc
HD Home Depot Inc
ACPS AC Partners Inc
FONR Fonar Corp
WBRRFX BlackRock Russell 2000 Growth Index Fund
WSM Williams-Sonoma Inc
BLK BlackRock Inc
Go

Financials : Banks |
Company profile

Chesapeake Financial Shares, Inc. (CFS) is a bank holding company. The Company has interest in Chesapeake Bank (the Bank), Chesapeake Investment Group, Inc. (CIG) and CFS Capital Trust (the Trust). The Bank offers mortgage, commercial and consumer loans to its customers. Its loan portfolio includes commercial loans, such as non-real estate, commercial-real-estate, consumer-non real estate and residential real estate. It offers personal and business products and services, including checking, savings, certificates of deposit, mortgages, mobile and online banking, e-services comprising an Internet branch, and a business cash management program. Its securities available for sale include securities of state and political subdivisions, and mortgage-backed securities. CIG offers brokerage, trust and estate management services.

Closing Price
$20.30
Day's Change
0.00 (0.00%)
Bid
--
Ask
--
B/A Size
--
Day's High
--
Day's Low
--
Volume
(Light)
Volume:
0

10-day average volume:
1,849
0

UPDATE: Micron stock falls after BMO downgrade

4:07 pm ET June 23, 2020 (MarketWatch)
Print

Shares of Micron Technology Inc. (MU) are off 0.7% in premarket trading Tuesday after BMO Capital Markets analyst Ambrish Srivastava downgraded the stock to market perform from outperform and lowered his price target to $55 from $60. He said that datacenter memory fundamentals have been deteriorating for the past few months, a trend he expects to continue for at least the next two to three quarters. "While investors have been concerned about over-ordering and inventory build in the data center market, consensus estimates are not reflective of the weaker pricing environment," Srivastava wrote in a note to clients. "We are hearing of orders being readjusted lower in the hyperscale market, as they relate largely to memory, with more of the readjustments lower being directed towards the DRAM market." Micron shares have added 34% over the past three months as the S&P 500 has gained 39%.

-Emily Bary; 415-439-6400; AskNewswires@dowjones.com

(END) Dow Jones Newswires

June 23, 2020 16:07 ET (20:07 GMT)

Copyright (c) 2020 Dow Jones & Company, Inc.

Earnings Calendar and Events Data provided by |Terms of Use| © 2020 Wall Street Horizon, Inc.

Market data accompanied by is delayed by at least 15 minutes for NASDAQ, NYSE MKT, NYSE, and options. Duration of the delay for other exchanges varies.
Market data and information provided by Morningstar.

Options are not suitable for all investors as the special risks inherent to options trading may expose investors to potentially rapid and substantial losses.
Please read Characteristics and Risks of Standard Options before investing in options.

Information and news provided by ,, , Computrade Systems, Inc., , and

Copyright © 2020. All rights reserved.