Dangerous Liaisons: Banks & Oil
Eric Parnell, CFA - at Seeking Alpha - Sun Feb 08, 1:15AM CST
IBOC: 24.79 (+0.10), RF: 9.52 (-0.02), BOKF: 59.26 (+0.19), NWBI: 11.91 (+0.08), HBHC: 29.74 (-0.29), GNBC: 11.40 (-0.08), NBCB: 35.20 (+0.28), FNB: 13.11 (+0.07), FFIN: 26.48 (+0.28), KRE: 40.34 (+0.14), CFR: 69.19 (+1.16), FCF: 8.62 (-0.10), UMBF: 52.81 (+0.02), IBKC: 63.08 (+0.45), MSL: 15.00 (+0.15), HTH: 19.42 (+0.13), GBCI: 25.02 (+0.43), SBSI: 29.39 (-0.01), CHCO: 46.14 (-0.35), XLF: 24.43 (-0.02), ZION: 26.32 (+0.05), CMA: 46.42 (-0.10), USO: 19.62 (+0.44), FITB: 19.26 (+0.07), WSBC: 33.14 (-0.09), UBSI: 36.83 (-0.01), LTXB: 22.68 (+0.09), WFC: 55.33 (+0.47), IBTX: 38.53 (-0.08), TCBI: 48.51 (+0.81), STBA: 28.60 (+0.03), FIBK: 26.15 (+0.06), PB: 52.86 (+0.25)
Merger Arbitrage Mondays - January 5, 2015
Asif Suria - at Seeking Alpha - Mon Jan 05, 5:34AM CST
Merger activity decreased last week with two new mergers announced and three deals closing. You can find all the active deals listed below in our Merger Arbitrage Tool that automatically updates itself during market hours. Deal Statistics: ...
NWBI: 11.91 (+0.08), TLM: 7.63 (-0.03), LO: 67.30 (-0.80), MTB: 123.90 (+0.52), MFI: 10.43 (+0.23), CNL: 53.80 (+0.10), SMPL: 17.70 (+0.20), WMGI: 25.68 (+0.17), ROC: 79.20 (+0.33), CFN: 59.81 (+0.01), HTH: 19.42 (+0.13), AUXL: 36.47 (-0.06), VSCI: 0.47 (unch), CBIN: 27.23 (+0.08), UPI: 1.27 (unch), CMSB: 13.19 (+0.13), CODE: 35.99 (+0.03), ESYS: 17.46 (+0.01), SIBC: 21.10 (+0.22), CHYR: 2.81 (+0.01), ATLS: 30.17 (+0.27), RNR: 103.80 (-0.64), COV: 106.71 (-1.36), HAL: 44.19 (+1.42), FDO: 77.86 (+0.31), EDS: 1.55 (+0.01), HCBK: 9.92 (+0.03), HBNK: 21.40 (+0.25), ESBF: 17.77 (+0.05), POM: 27.06 (-0.04), AMRE: 26.51 (unch), APAGF: 14.15 (-0.10), RNA: 18.65 (unch), XWES: 5.46 (-0.03), LNBB: 17.74 (-0.01), TRLA: 46.89 (+0.74), GRT: 14.06 (+0.10), PETM: 82.70 (+0.03), GFIG: 6.03 (-0.03), PTRY: 36.72 (+0.05), CIMT: 8.83 (+0.03), COBK: 13.41 (unch), ACT: 285.37 (+3.71), SWY: 35.10 (-0.04), ASYS: 9.87 (+0.30), NBCB: 35.20 (+0.28), MIG: 8.35 (unch), CVD: 107.08 (+0.05), VIAS: 17.37 (-0.02), BIRT: 6.60 (+0.01), AGN: 229.49 (+1.87), CACQ: 7.72 (+0.12), T: 34.66 (+0.05), IRF: 39.98 (-0.01), OILT: 44.69 (+0.29), APL: 27.30 (+0.85), CQB: 14.49 (unch), VOLC: 17.98 (+0.03), DTV: 87.51 (-0.32), SWS: 6.91 (-0.01), VYFC: 19.72 (+0.12), BNCN: 16.66 (-0.04), FRNK: 21.71 (+0.53), HVB: 26.29 (-0.36), TEG: 75.56 (-1.61), TWC: 149.74 (+2.21), DWSN: 6.89 (-0.42), GTIV: 19.19 (-0.23), SUSQ: 13.48 (+0.01), TRW: 103.60 (-0.06), BHI: 64.31 (+1.93), PTP: 76.57 (-0.13), HBOS: 24.84 (+0.14), NBTF: 29.50 (+0.20), FFKY: 3.90 (-0.20), DRC: 81.21 (+0.31), AVIV: 36.45 (-0.08), BKYF: 47.75 (-0.30), HE: 33.14 (-0.22), BTUI: 2.62 (-0.04), NGLS: 45.82 (+1.66), RNST: 27.87 (+0.28), HCT: 13.11 (+0.09), PL: 69.95 (-0.01), AVNR: 16.96 (unch), CBST: 101.94 (+0.14), RVBD: 20.85 (-0.03), SAPE: 24.98 (-0.02), PRLS: 6.96 (-0.02), PENX: 18.87 (-0.01), IGT: 17.20 (-0.04), CMCSA: 59.47 (+1.09)
STATE INVESTORS BANCORP INVESTOR ALERT BY THE FORMER ATTORNEY GENERAL OF LOUISIANA: Louisiana-Based Law Firm Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of State Investors Bancorp, Inc.
PR Newswire - Mon Jan 05, 12:21AM CST
Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the Louisiana-based law firm of Kahn Swick & Foti, LLC ("KSF"
SIBC: 21.10 (+0.22), NBCB: 35.20 (+0.28), FNBC: 33.58 (+0.18)
SIBC INVESTOR ALERT: Levi & Korsinsky, LLP Announces an Investigation of the Board of Directors of State Investors Bancorp, Inc. Regarding the Fairness of the Sale of the Company to First NBC Bank Holding Company
Business Wire - Wed Dec 31, 4:31PM CST
Levi & Korsinsky is investigating the Board of Directors of State Investors Bancorp, Inc. ("State Investors" or "the Company"
SIBC: 21.10 (+0.22), NBCB: 35.20 (+0.28)
First NBC to Buy State Investors; Accretive to 2015-16 EPS - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Wed Dec 31, 12:05PM CST
Strengthening its footprint in the New Orleans metropolitan area, First NBC Bank Holding Company (NBCB) is set to acquire State Investors Bancorp, Inc. (SIBC).
SIBC: 21.10 (+0.22), CUBI: 22.29 (-0.14), FCBC: 16.33 (+0.03), NBCB: 35.20 (+0.28)
STATE INVESTORS BANCORP, INC. SHAREHOLDER ALERT: Former SEC Attorney Willie Briscoe and Powers Taylor LLP Investigate Sale to First NBC Bank Holding Company
Business Wire - Wed Dec 31, 10:36AM CST
Former United States Securities and Exchange Commission attorney Willie Briscoe and the securities litigation firm of Powers Taylor LLP are investigating potential claims against the Board of Directors of State Investors Bancorp, Inc. ("State Investors"
SIBC: 21.10 (+0.22), NBCB: 35.20 (+0.28)
First NBC Bank Holding Company Announces Agreement to Acquire State Investors Bancorp, Inc.; First NBC Ticker Symbol to Change to "FNBC"
GlobeNewswire - Tue Dec 30, 4:30PM CST
First NBC Bank Holding Company ("First NBC"
SIBC: 21.10 (+0.22), ISBC: 11.70 (+0.07), NBCB: 35.20 (+0.28)
Citigroup Rises Higher on Revenue Growth & Streamlining - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Fri Dec 05, 4:00PM CST
On Nov 28, 2014, we issued an updated research report on Citigroup Inc. (C). The company exhibits decent fundamentals amid several ongoing issues. Shares of this major regional bank have recorded a year-to-date return of 5.6%.
CUBI: 22.29 (-0.14), C: 51.20 (+0.31), NBCB: 35.20 (+0.28), OZRK: 35.94 (-0.13)
Wells Fargo (WFC) Rises on Organic Growth: Should We Hold? - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Wed Dec 03, 6:20PM CST
On Nov 28, 2014, we issued an updated research report on Wells Fargo & Company (WFC). Shares of this major regional bank have recorded a year-to-date return of 23.8%.
CUBI: 22.29 (-0.14), WFC: 55.33 (+0.47), NBCB: 35.20 (+0.28), OZRK: 35.94 (-0.13)
First NBC Bank beats by $0.05, misses on revenue
Seeking Alpha - at Seeking Alpha - Tue Oct 28, 4:56PM CDT
NBCB: 35.20 (+0.28)
First NBC Bank Holding Company Announces 2014 Third Quarter Results
GlobeNewswire - Tue Oct 28, 4:38PM CDT
First NBC Bank Holding Company (Nasdaq:NBCB), the holding company for First NBC Bank ("Company"
NBCB: 35.20 (+0.28)
Iberiabank (IBKC) Set to Acquire Florida Bank Group - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Tue Oct 07, 3:55PM CDT
Iberiabank (IBKC) and Florida Bank Group has entered into a definitive agreement wherein Iberiabank will acquire Florida Bank Group via a merger.
FCBC: 16.33 (+0.03), IBKC: 63.08 (+0.45), SFNC: 39.71 (-0.58), NBCB: 35.20 (+0.28)
Ladenburg Thalmann Hits 52-Week High on Acquisition Deal - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Tue Oct 07, 10:30AM CDT
Despite the strong price appreciation, Ladenburg Thalmann has plenty of upside left, given the estimate revisions witnessed over the last 60 days.
SFNC: 39.71 (-0.58), AI: 25.03 (-0.03), LTS: 3.92 (-0.02), NBCB: 35.20 (+0.28)
Simmons First National Up to Strong Buy on Growth Initiative - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Tue Oct 07, 9:40AM CDT
On Oct 4, Zacks Investment Research upgraded Simmons First National Corporation (SFNC) to a Zacks Rank #1 (Strong Buy).
FCBC: 16.33 (+0.03), SFNC: 39.71 (-0.58), NBCB: 35.20 (+0.28), FNB: 13.11 (+0.07)
Will BancorpSouth's Cost Control Surrender to Weak Deposits? - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Fri Oct 03, 10:10AM CDT
On Sep 25, 2014, we issued an updated research report on BancorpSouth (BXS).
LION: 15.97 (unch), BXS: 22.06 (+0.10), CFNL: 19.32 (+0.02), NBCB: 35.20 (+0.28)
Northern Trust Offers Improved IAS19 Solution to Clients - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Wed Oct 01, 10:15AM CDT
Northern Trust (NTRS) revealed an enhanced reporting solution for the pension fund clients to fulfil the International Accounting Standard 19 (IAS19) requirements as stated under the International Financial Reporting Standards (IFRS).
LION: 15.97 (unch), NTRS: 70.08 (-0.51), NRIM: 22.20 (+0.05), NBCB: 35.20 (+0.28)
Will Northern Trust Gain from T2S Strategy Implementation? - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Mon Sep 29, 5:30PM CDT
Northern Trust (NTRS) announced the implementation of Target2-Securities (T2S) strategy to provide better services to its clients in the form of improved liquidity as well as asset safety.
AB: 27.17 (+0.47), NTRS: 70.08 (-0.51), DB: 32.29 (+0.70), NBCB: 35.20 (+0.28)
Comerica's Cost Control on Track; Should You Stay Invested? - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Fri Sep 05, 3:55PM CDT
On Sep 1, 2014, we issued an updated research report on Comerica Inc. (CMA).
RCAP: 10.28 (+0.28), FCBC: 16.33 (+0.03), NBCB: 35.20 (+0.28), CMA: 46.42 (-0.10)
Citi Settles OFAC Sanctions Violations for $217,841 - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Thu Sep 04, 4:35PM CDT
Citigroup Inc. (C) has reached a settlement to resolve the issue of violating multiple sanctions programs of the Office of Foreign Assets Control (OFAC).
RCAP: 10.28 (+0.28), FCBC: 16.33 (+0.03), C: 51.20 (+0.31), NBCB: 35.20 (+0.28)
First NBC Bank Up to Strong Buy on Q2 Earnings Growth - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Wed Sep 03, 6:15PM CDT
On Aug 28, Zacks Investment Research upgraded First NBC Bank Holding Company (NBCB) to a Zacks Rank #1 (Strong Buy).
FCBC: 16.33 (+0.03), FFKT: 23.23 (+0.05), NBCB: 35.20 (+0.28), OZRK: 35.94 (-0.13)