Comerica Inc (CMA) 46.74 $CMA The Real Reason Y
Post# of 273254
The Real Reason You Shouldn't Own Wells Fargo (WFC) Stock Now
Zacks Equity Research - Zacks Investment Research - Thu Sep 22, 3:38PM CDT
A class of investors sees Wells Fargo (WFC) stock's current price movement as a long term investment opportunity, however, it is worth analyzing a bit more to understand the real downside.
STT: 71.04 (-0.03), STI: 44.15 (-0.14), WFC: 45.72 (-0.11), CMA: 46.74 (+0.23)
Here's Why You Should Buy SunTrust (STI) Stock Right Now
Zacks Equity Research - Zacks Investment Research - Thu Sep 22, 8:54AM CDT
SunTrust (STI) has a number of major fundamental aspects that make it an attractive investment option.
BLK: 373.87 (+3.50), SNV: 32.58 (+0.10), STI: 44.15 (-0.14), CMA: 46.74 (+0.23)
BB&T Corporation Terminates Loss Share Agreement with FDIC
Zacks Equity Research - Zacks Investment Research - Fri Sep 16, 6:42PM CDT
BB&T Corporation (BBT) has announced an early termination of its loss share agreement with the Federal Deposit Insurance Corp. (FDIC). It had entered the agreement in 2009 through its subsidiary Branch Bank (Branch Banking and Trust Company).
LCNB: 18.21 (+0.14), BBT: 38.14 (-0.13), SONA: 12.88 (+0.02), CMA: 46.74 (+0.23)
Comerica Bank and FHLB Dallas Award $16K Grant to Austin's Economic Growth Business Incubator
BusinessWire - Fri Sep 16, 4:57PM CDT
Austin-area minority entrepreneurs will benefit from a $16,000 Partnership Grant Program (PGP) award to the Economic Growth Business Incubator (EGBI). The nonprofit, dedicated to helping minority and low-income small business owners, will use the funds to provide skills training and cover operational expenses for the remainder of 2016.
CMA: 46.74 (+0.23)
The Zacks Analyst Blog Highlights: Wells Fargo, Comerica, Hancock Holding, Associated Banc-Corp and MB Financial
Zacks Equity Research - Zacks Investment Research - Fri Sep 16, 8:30AM CDT
The Zacks Analyst Blog Highlights: Wells Fargo, Comerica, Hancock Holding, Associated Banc-Corp and MB Financial
ASB: 19.62 (+0.30), HBHC: 32.05 (+0.45), MBFI: 38.26 (+0.37), WFC: 45.72 (-0.11), CMA: 46.74 (+0.23)
U.S. Bancorp (USB) Lowered Outlook Amid Global Turmoil
Zacks Equity Research - Zacks Investment Research - Fri Sep 16, 7:37AM CDT
At Investors Day conference in New York, U.S. Bancorp (USB) lowered its long-term financial targets in the wake of persistent global turmoil and a continued low interest rate environment.
APO: 17.97 (-0.08), USB: 43.17 (-0.09), CASH: 61.50 (+0.70), CMA: 46.74 (+0.23)
Comerica Set to Possibly Pullback After Yesterday's Rally of 1.33%
Comtex SmarTrend(R) - Thu Sep 15, 2:26PM CDT
Comerica (NYSE:CMA) traded in a range yesterday that spanned from a low of $45.70 to a high of $46.70. Yesterday, the shares gained 1.3%, which took the trading range above the 3-day high of $46.50 on volume of 755,000 shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
CMA: 46.74 (+0.23)
SmarTrend Watching for Potential Pullback in Shares of Comerica After 1.33% Gain
Comtex SmarTrend(R) - Thu Sep 15, 2:25PM CDT
Comerica (NYSE:CMA) traded in a range yesterday that spanned from a low of $45.70 to a high of $46.70. Yesterday, the shares gained 1.3%, which took the trading range above the 3-day high of $46.50 on volume of 755,000 shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
CMA: 46.74 (+0.23)
Citigroup (C) Projects Trading Revenue to Improve in Q3
Zacks Equity Research - Zacks Investment Research - Thu Sep 15, 10:33AM CDT
Citigroup (C) expects year-over-year improvement in trading revenue in Q3.
C: 47.11 (+0.21), COST: 153.15 (+0.45), BAC: 15.60 (-0.05), CMA: 46.74 (+0.23)
Wells Fargo (WFC) to Sell its Fund Administration Unit
Zacks Equity Research - Zacks Investment Research - Thu Sep 15, 8:52AM CDT
Wells Fargo & Company (WFC) has agreed to sell Wells Fargo Global Fund Services (GFS), its fund administration business, to SS&C Technologies Holdings, Inc. (SSNC).
RBCAA: 31.32 (+0.48), SSNC: 32.36 (unch), WFC: 45.72 (-0.11), CMA: 46.74 (+0.23)
Forget Wells Fargo, Buy These 4 Banking Stocks Instead
Zacks Equity Research - Zacks Investment Research - Thu Sep 15, 8:50AM CDT
With Wells Fargo (WFC) facing a number of challenges lately, we have listed a few banking stocks that are expected to perform better in event of another Fed rate hike.
ASB: 19.62 (+0.30), HBHC: 32.05 (+0.45), MBFI: 38.26 (+0.37), WFC: 45.72 (-0.11), CMA: 46.74 (+0.23)
Citigroup Selling Argentinean Retail Operations to Santander?
Zacks Equity Research - Zacks Investment Research - Wed Sep 14, 4:10PM CDT
Citigroup has likely inked a deal to divest its Argentinian retail business, though there is still no official confirmation.
SAN: 4.57 (+0.06), C: 47.11 (+0.21), ITUB: 11.22 (+0.13), CMA: 46.74 (+0.23)
Austin's Economic Growth Business Incubator to Receive $16K Grant
BusinessWire - Wed Sep 14, 1:06PM CDT
Austin-area media outlets are encouraged to attend the presentation of a $16,000 Partnership Grant Program (PGP) grant to Austin's Economic Growth Business Incubator (EGBI). The award will be presented by representatives of Comerica Bank and the Federal Home Loan Bank of Dallas (FHLB Dallas) at 1:00 p.m., Friday, September 16, 2016, at For The City Center, 500 E. St. Johns Avenue, Austin, Texas, 78752.
CMA: 46.74 (+0.23)
PNC Financial to Settle Acquired Bank's Home Loan Lawsuit
Zacks Equity Research - Zacks Investment Research - Wed Sep 14, 9:38AM CDT
The PNC Financial Services Group, Inc. (PNC) has agreed to pay atleast $24 million to settle a class-action lawsuit against Community Bank of Northern Virginia.
EFSC: 31.82 (+0.47), HBHC: 32.05 (+0.45), PNC: 90.00 (-0.74), CMA: 46.74 (+0.23)
Citigroup (C) Gains Momentum in Russia as Crisis Abates
Zacks Equity Research - Zacks Investment Research - Wed Sep 14, 7:24AM CDT
In an interview at the Reuters Russia Investment Summit, Marc Luet, Citigroup Inc.'s (C) head of Russia and Central and Eastern Europe, revealed that the business in Russia is gaining momentum with the abatement of the country's economic crisis.
APO: 17.97 (-0.08), C: 47.11 (+0.21), CASH: 61.50 (+0.70), CMA: 46.74 (+0.23)
BofA's (BAC) Investment Banking Fees Trending Up In Q3
Zacks Equity Research - Zacks Investment Research - Tue Sep 13, 7:43AM CDT
BofA (BAC) expects pickup in investment banking fees in the third quarter 2016.
BCS: 9.03 (+0.11), HBHC: 32.05 (+0.45), BAC: 15.60 (-0.05), CMA: 46.74 (+0.23)
Simmons First National Closes Citizens National Bank Deal
Zacks Equity Research - Zacks Investment Research - Mon Sep 12, 7:32AM CDT
With an aim to expand its footprint in East Tennessee, Simmons First National Corporation (SFNC) completed the acquisition of Citizens National Bank, headquartered in Athens, TN.
APO: 17.97 (-0.08), SFNC: 49.99 (+0.64), CASH: 61.50 (+0.70), CMA: 46.74 (+0.23)
Research Reports on Banking Equities -- ICICI Bank, SunTrust Banks, Comerica, and Canadian Imperial Bank of Commerce
PR Newswire - Mon Sep 12, 6:35AM CDT
Today's pre-market research on Stock-Callers.com is directed to these four Money Center Banks: ICICI Bank Ltd (NYSE: IBN), SunTrust Banks Inc. (NYSE: STI), Comerica Inc. (NYSE: CMA), and Canadian Imperial Bank of Commerce (NYSE: CM). These equities belong to the Financial sector which was broadly lower in afternoon trade on Friday, September 09, 2016. As per an article on NASDAQ, the NYSE Financial Sector Index slid about 1.3%, while financial companies in the S&P 500 Index dropped about 1.5% on Friday. Learn more about these stocks by accessing their free research reports at: http://stock-callers.com/registration
IBN: 8.20 (+0.09), STI: 44.15 (-0.14), CM: 78.72 (+0.59), CMA: 46.74 (+0.23)
T. Rowe Price Well Poised for Growth, Costs Remain a Worry
Zacks Equity Research - Zacks Investment Research - Fri Sep 09, 8:50AM CDT
T. Rowe Price Group, Inc. (TROW)'s organic growth and diverse business models remain the company's key strengths. However, its asset management business is undergoing cyclical pressure in the current low rate environment.
APO: 17.97 (-0.08), TROW: 66.82 (-0.01), CASH: 61.50 (+0.70), CMA: 46.74 (+0.23)
Wells Fargo (WFC) Fined $190M for Illegal Sales Practices
Zacks Equity Research - Zacks Investment Research - Fri Sep 09, 8:36AM CDT
Wells Fargo Bank, N.A., a subsidiary of Wells Fargo & Company (WFC), has been fined a combined $190 million by the California and federal regulators.
APO: 17.97 (-0.08), WFC: 45.72 (-0.11), CASH: 61.50 (+0.70), CMA: 46.74 (+0.23)