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

Tesla's stock falls, but Oppenheimer's Rusch says buy on weakness

8:10 am ET September 23, 2020 (MarketWatch)
Print

Shares of Tesla Inc. (TSLA) took a 5.8% premarket hit Wednesday, after investors apparently deemed the electric vehicle company's Battery Day as disappointing (http://www.marketwatch.com/story/teslas-stock-skids-5-as-promised-battery-day-innovations-remain-off-in-the-future-2020-09-22), but Oppenheimer analyst Colin Rusch was more upbeat, saying he would be "buyers on any near-term weakness." Rusch reiterated the outperform rating he's had on the stock for at least the past two years and kept his price target at $451. He said Tesla outlined a "robust reimagining of battery design, manufacturing and performance," including targeting a $25,000 vehicle in three years and a 20-times capacity increase by 2030. Rusch also noted that Tesla's 30% to 40% delivery growth guidance for 2020 is above consensus estimates. "We are impressed with the ambition of the endeavor and believe this roadmap charts ongoing technology and cost leadership for [Tesla] enabling sales into the entire LDV market," Rusch wrote in a note to clients. "While limited details may weigh on shares, we would be buyers on any near-term weakness." Tesla's stock has more than doubled (up 111.7%) over the past three months through Tuesday, while the S&P 500 has gained 5.9%.

-Tomi Kilgore; 415-439-6400; AskNewswires@dowjones.com

(END) Dow Jones Newswires

September 23, 2020 08:10 ET (12:10 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.