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Stock Market & Financial Investment News

News Breaks
January 14, 2014
06:46 EDTCMAComerica initiated with a Neutral at Janney Capital
Target $53.
News For CMA From The Last 14 Days
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April 22, 2014
16:25 EDTCMAComerica raises quarterly dividend to 20c, increases repurchase program
The board of directors of Comerica increased the quarterly cash dividend for common stock five percent to 20c per share. The dividend is payable July 1, to common stock shareholders of record June 13.The board today also increased the number of shares of common stock that Comerica is authorized to repurchase under its share repurchase program by 2M shares. This action was taken in conjunction with Comerica's announcement on March 26, that the Federal Reserve did not object to Comerica's 2014 capital plan and contemplated capital distributions. The plan includes up to $236M in share repurchases for the four-quarter period commencing in the second quarter 2014 and ending in the first quarter 2015. Shares will be purchased from time to time in the open market or otherwise. The shares may be held as treasury stock or retired.
April 15, 2014
06:45 EDTCMAComerica reports Q1 EPS 73c, consensus 72c
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April 14, 2014
15:17 EDTCMANotable companies reporting before tomorrow's open
Notable companies reporting before tomorrow's market open, with earnings consensus, include Johnson & Johnson (JNJ), consensus $1.48; Coca-Cola (KO), consensus 44c; Charles Schwab (SCHW), consensus 22c; Northern Trust (NTRS), consensus 78c; Comerica (CMA), consensus 72c; Westamerica (WABC), consensus 58c; Comverse (CNSI), consensus 49c; Pep Boys (PBY), consensus 5c.

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