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COMERICA ACQUISITION
Huntington Bank to acquire Cadence Bank for $7.4 billion; stock fallsHuntington Bank plans to buy Cadence Bank in a big $7.4 billion stock deal. The move will help Huntington grow across southern states and r...- US stock market on the move today: S&P 500 and Nasdaq soar as AMD rockets 20%, Dow slides on Home Depot & Verizon, Russell 2000 hits record high — tech, banks, and investors on alertUS stock market kicked off the week with gains as the S&P 500 and Nasdaq Composite rose. The S&P 500 inched up 0.3%, while the tech-heavy N...
- Fifth Third to buy Comerica in $10.9 billion deal, creating 11th largest U.S. bankFifth Third Bank is buying Comerica for $10.9 billion to grow bigger and compete with top U.S. banks. The merger will create the 11th large...
- Wall St climbs, powered by chips, megacaps; earnings in focusAt 9:49 a.m. ET, the Dow Jones Industrial Average was up 27.19 points, or 0.07%, at 37,495.80, the S&P 500 was up 6.91 points, or 0.14%, at...
- Three big US banks rake in better-than-expected profitsThe largest bank in the nation, JPMorgan Chase & Co., led the way with $14.5 billion in profit, helped by growth virtually across the board...
- US stock market: S&P 500, Dow end down as PacWest fuels fears of deeper bank crisisShares in regional banks decreased, and fears about the health of US lenders intensified, sending Wall Street lower on 22 April. The KBW Re...
- Bank crisis survivors remember how fast the dominoes can fallFor the current class of investing professionals who seem largely unperturbed by recent events — desensitized perhaps by the years of false...
- Aegis refinances debt, profitability still a challengeThe Essar group firm is planning an IPO soon but the low profitability and high debt could hamper the prospects of such a share sale.
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