Wells Fargo (WFC) Acquires GE Capital's CDF business
Zacks Equity Research - Zacks Investment Research - Mon Aug 01, 5:34PM CDT
With an objective of increasing market share in commercial lending markets, Wells Fargo & Company (WFC) completed the acquisition of General Electric Company's (GE) Commercial Distribution Finance (CDF) business in Australia & New Zealand.
GE: 31.13 (+0.08), BX: 26.66 (+0.71), WFC: 47.57 (-0.13), CMA: 44.73 (+0.73)
SmarTrend Watching for Potential Rebound in Shares of Comerica After 1.05% Loss
Comtex SmarTrend(R) - Mon Aug 01, 4:26PM CDT
Comerica (NYSE:CMA) traded in a range yesterday that spanned from a low of $44.75 to a high of $45.49. Yesterday, the shares fell 1.0%, which took the trading range below the 3-day low of $45.06 on volume of 856,000 shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
CMA: 44.73 (+0.73)
Comerica Falls 1.05% on Heavy Volume: Watch For Potential Rebound
Comtex SmarTrend(R) - Mon Aug 01, 4:25PM CDT
Comerica (NYSE:CMA) traded in a range yesterday that spanned from a low of $44.75 to a high of $45.49. Yesterday, the shares fell 1.0%, which took the trading range below the 3-day low of $45.06 on volume of 856,000 shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
CMA: 44.73 (+0.73)
Zacks Industry Outlook Highlights: Southwest Bancorp, Access National, Comerica and First Horizon National
Zacks Equity Research - Zacks Investment Research - Mon Aug 01, 8:30AM CDT
Zacks Industry Outlook Highlights: Southwest Bancorp, Access National, Comerica and First Horizon National
OKSB: 19.15 (+0.09), ANCX: 21.57 (-0.15), CMA: 44.73 (+0.73), FHN: 14.64 (+0.28)
The Zacks Analyst Blog Highlights: KeyCorp, SunTrust Banks, Fifth Third Bancorp, BB&T and Comerica
Zacks Equity Research - Zacks Investment Research - Mon Aug 01, 8:30AM CDT
The Zacks Analyst Blog Highlights: KeyCorp, SunTrust Banks, Fifth Third Bancorp, BB&T and Comerica
FITB: 18.96 (+0.38), BBT: 37.14 (+0.76), STI: 42.05 (+0.68), KEY: 11.67 (+0.22), CMA: 44.73 (+0.73)
Bear of the Day: Wells Fargo (WFC)
Eric Dutram - ZACKS - Mon Aug 01, 6:01AM CDT
Bear of the Day: Wells Fargo (WFC)
WFC: 47.57 (-0.13), CMA: 44.73 (+0.73)
U.S. Banks Hold Good Prospects for Long-Term Investors
Kalyan Nandy - Zacks Investment Research - Fri Jul 29, 2:30PM CDT
U.S. Banks Hold Good Prospects for Long-Term Investors
OKSB: 19.15 (+0.09), ANCX: 21.57 (-0.15), HTLF: 36.37 (+0.36), BANF: 65.90 (+0.74), CMA: 44.73 (+0.73), FHN: 14.64 (+0.28)
Bank Stock Roundup: Q2 Earnings Coming to an End; KeyCorp, BB&T in Focus
Zacks Equity Research - Zacks Investment Research - Fri Jul 29, 10:26AM CDT
Over the last five trading days, we have seen the last phase earnings releases for the second quarter by U.S. banks.
FITB: 18.96 (+0.38), COF: 66.55 (+0.25), BBT: 37.14 (+0.76), JPM: 64.66 (+1.01), C: 43.89 (+0.90), STI: 42.05 (+0.68), WFC: 47.57 (-0.13), KEY: 11.67 (+0.22), PNC: 83.85 (+2.19), CMA: 44.73 (+0.73)
Comerica Bank's Texas Index Ticks Down
PR Newswire - Wed Jul 27, 2:03PM CDT
Comerica Bank's Texas Economic Activity Index eased in May, down 0.6 percentage points to a level of 91.5. May's reading is 19 points, or 26 percent, above the index cyclical low of 72.8. The index averaged 97.5 points for all of 2015, seven and three-fifths points below the average for full-year 2014. April's index reading was 92.1.
CMA: 44.73 (+0.73)
Monica L. Martinez Named Senior Vice President, External Affairs, Responsible for Comerica's Community Outreach in Michigan
PR Newswire - Wed Jul 27, 1:02PM CDT
Monica L. Martinez has been named Senior Vice President, External Affairs, Comerica Bank, responsible for community development and corporate contributions in Michigan. Martinez, a Michigan native, returns to her home state after five years with Comerica in Texas. In addition to her new responsibilities, Martinez will continue to serve as Comerica's National Director of Hispanic Business Development. Martinez will report to Wendy Bridges, Senior Vice President, Corporate Communications and Executive Administration.
CMA: 44.73 (+0.73)
Comerica Bank's Michigan Index Dipped as Auto Production Eased
PR Newswire - Wed Jul 27, 11:01AM CDT
Comerica Bank's Michigan Economic Activity Index was down 0.6 percentage points in May to a level of 128.3. May's reading is 54 points, or 73 percent, above the index cyclical low of 74.0. The index averaged 123.7 points for all of 2015, five and four-fifths points above the index average for 2014. April's index reading was 128.9.
CMA: 44.73 (+0.73)
Comerica Bank's California Index Improves
PR Newswire - Wed Jul 27, 10:02AM CDT
Comerica Bank's California Economic Activity Index improved by 0.1 percentage points in May to a level of 120.6. May's reading is 37 points, or 43 percent, above the index cyclical low of 84.1. The index averaged 119.8 points for all of 2015, six and two-fifths points above the average for all of 2014. April's index reading was 120.5.
CMA: 44.73 (+0.73)
Comerica (CMA): Q2 Earnings & Revenue Miss As Costs Rise
Zacks Equity Research - Zacks Investment Research - Tue Jul 19, 7:23AM CDT
Comerica's (CMA) second-quarter 2016 earnings missed the Zacks Consensus Estimate. Higher non-interest expenses were primarily responsible for this earnings miss.
CMA: 44.73 (+0.73)
Northern Trust (NTRS) Earnings: Will It Disappoint in Q2?
Zacks Equity Research - Zacks Investment Research - Mon Jul 18, 3:26PM CDT
Northern Trust Corporation (NTRS) is scheduled to report its second-quarter 2016 results before the opening bell on Wednesday, Jul 20.
RF: 9.04 (+0.14), NTRS: 67.01 (+0.80), FII: 31.71 (+0.42), CMA: 44.73 (+0.73)
Comerica (CMA) Q2 Earnings: Is a Likely Beat in Store?
Zacks Equity Research - Zacks Investment Research - Mon Jul 18, 2:00PM CDT
Comerica Incorporated (CMA) is scheduled to report its second-quarter 2016 results, before the opening bell on Tuesday, Jul 19.
IBKR: 34.82 (+0.58), RF: 9.04 (+0.14), FII: 31.71 (+0.42), CMA: 44.73 (+0.73)
Amphenol (APH) Q2 Earnings: What's in Store for the Stock?
Zacks Equity Research - Zacks Investment Research - Mon Jul 18, 8:24AM CDT
Amphenol Corporation (APH) is scheduled to report second-quarter 2016 results before the opening bell on Jul 20.
APH: 59.03 (+0.31), CFR: 66.91 (+1.29), FII: 31.71 (+0.42), CMA: 44.73 (+0.73)
Skyworks (SWKS) Q3 Earnings: What???s Ahead for the Stock?
Zacks Equity Research - Zacks Investment Research - Mon Jul 18, 8:16AM CDT
Skyworks Solutions Inc. (SWKS) is scheduled to report third-quarter fiscal 2016 results after the closing bell on Jul 21.
CFR: 66.91 (+1.29), SWKS: 64.39 (-0.65), FII: 31.71 (+0.42), CMA: 44.73 (+0.73)
Will Trading Rebound Aid Morgan Stanley (MS) Q2 Earnings?
Zacks Equity Research - Zacks Investment Research - Mon Jul 18, 7:33AM CDT
Will Morgan Stanley (MS) be able to maintain its earnings streak this quarter driven by improved FICC income? Or will the company succumb to the challenging operating environment?
RF: 9.04 (+0.14), HBHC: 28.64 (+0.42), CMA: 44.73 (+0.73), MS: 28.42 (+0.42)
Navient (NAVI) to Report Q2 Earnings: What to Expect?
Zacks Equity Research - Zacks Investment Research - Mon Jul 18, 7:04AM CDT
Navient Corporation (NAVI) is scheduled to report second-quarter 2016 results on Tuesday, Jul 19, after the market closes.
CFR: 66.91 (+1.29), FII: 31.71 (+0.42), CMA: 44.73 (+0.73), NAVI: 13.83 (+0.29)