Analysts at Compass Point have started covering shares of Franklin Financial Network with a 'buy' rating and price target of $27. That's right in line with their peers at Bank of America Merrill Lynch, who launched coverage three weeks ago. Since going public at $21, Franklin Financial (Ticker: FSB) shares have retreated a little bit, closing Friday at $20.15.
Mobile device insurer Asurion plans to close a customer service call center in Great Falls, Montana, a move that puts about 350 jobs at risk. Officials at Nashville-based Asurion told the Great Falls Tribune they're making the move to create "operating and infrastructure efficiences" but will look to have some workers transition to working from home.
"We encourage all employees to keep their jobs and transition to an Asurion@Home position, and we hope that many of the employees will do so, keeping Asurion as an area employer, just without a physical building," the company's news release statement says.
POSTDATA: WARRANTY DEEDS