Geopolitics Alpha

Military Bank seeks $117 mln from private placement of 200 mln shares

Published . Updated .

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DEFENSEMilitary Bank seeks $117 mln fromprivate placement of 200 mlnsharesGEOPOLITICS ALPHA

This report is about defense and banks.

Directly affected

  • No company is named in this report.

Indirectly affected

  • ITA iShares U.S. Aerospace & Defense ETF+3.4% 30d

    iShares U.S. Aerospace & Defense ETF: it holds defense and aerospace contractors. Linked by “military” (defense) in this story.

  • XAR SPDR S&P Aerospace & Defense ETF-1.4% 30d

    SPDR S&P Aerospace & Defense ETF: it holds defense and aerospace contractors. Linked by “military” (defense) in this story.

  • XLF Financial Select Sector SPDR+1.6% 16d

    Financial Select Sector SPDR: it holds banks. Linked by “bank” (banks) in this story.

  • BAC Bank of America-10.5% 30d

    Bank of America (national commercial banks): banks' earnings move with lending, deposits and rates. Linked by “bank” (banks) in this story.

  • JPM JPMorgan Chase+0.4% 30d

    JPMorgan Chase (national commercial banks): banks' earnings move with lending, deposits and rates. Linked by “bank” (banks) in this story.

  • WFC Wells Fargo+5.8% 30d

    Wells Fargo (national commercial banks): banks' earnings move with lending, deposits and rates. Linked by “bank” (banks) in this story.

  • C Citigroup-5.0% 30d

    Citigroup (national commercial banks): banks' earnings move with lending, deposits and rates. Linked by “bank” (banks) in this story.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
ITA+0.24%+2.49%baseafter closeafter closeafter closeafter close
XAR+2.54%+4.02%baseafter closeafter closeafter closeafter close
XLF-1.18%-0.10%baseafter closeafter closeafter closeafter close
BAC-0.84%-0.69%baseafter closeafter closeafter closeafter close
JPM-1.26%-0.84%baseafter closeafter closeafter closeafter close
WFC-0.64%-0.28%baseafter closeafter closeafter closeafter close
C-1.66%+0.13%baseafter closeafter closeafter closeafter close

Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.

Military Bank seeks $117 mln from private placement of 200 mln shares Theinvestor

Source: Theinvestor

Defense

CompanyWhenMoveStatus
BACthree days earlier-0.69%final price
BACfive days earlier-0.84%final price
Cthree days earlier+0.13%final price
Cfive days earlier-1.66%final price
ITAthree days earlier+2.49%final price
ITAfive days earlier+0.24%final price
JPMthree days earlier-0.84%final price
JPMfive days earlier-1.26%final price
WFCthree days earlier-0.28%final price
WFCfive days earlier-0.64%final price
XARthree days earlier+4.02%final price
XARfive days earlier+2.54%final price
XLFthree days earlier-0.10%final price
XLFfive days earlier-1.18%final price

Congressional trades in the stocks in this story

Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).

How solid the defense case looks

12 out of 100

“Military Bank seeks $117 mln from private placement of 200 mln shares” scores 12 out of 100. The score uses 1 sources.