Horizon Bancorp (IN) - Common Stock

Horizon Bancorp (NASDAQ: HBNC) was downgraded by Zacks Investment Research from an “outperform” rating to a “neutral” rating in a research report issued to clients and investors on Saturday.

In the fourth quarter of 2011, Horizon posted a net income of $3.5 million or 68 cents per diluted share, a 23-percent increase over the year-ago period and the highest quarterly net income in the company's history, Horizon said in a statement released ...

Aaron's Inc. (NYSE: AAN) was upgraded by analysts at Northcoast Research from a “neutral” rating to a “buy” rating. Advance Auto Parts, Inc. (NYSE: AAP) was upgraded by analysts at Cleveland Research from a “neutral” rating to a “buy” rating.

(RTTNews.com) - Horizon Bancorp. (HBNC) reported fourth-quarter net income available to common shareholders of $3.5 million or $0.68 per share, compared to $2.5 million or $0.50 per share in the prior year quarter.

The recurrence of the intimidating 2008 meltdown is not expected for the US banking industry in 2012 as the financial institutions are actively responding to every legal and regulatory pressure.