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Stock Market & Financial Investment News

News Breaks
July 15, 2014
06:49 EDTCMAComerica reports Q2 EPS 80c, consensus 76c
Reports Q2 Tier 1 common capital ratio 10.49. Reports Q2 Basel III common equity Tier 1 capital ratio of 10.2%. Reports Q2 common shareholders' equity per share $40.72. Reports Q2 net-charge offs $9M, or 0.08% of average loans.
News For CMA From The Last 14 Days
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December 5, 2014
13:26 EDTCMAComerica, BB&T, KeyCorp seen as potential activist targets, TheStreet says
The co-founder of PL Capital, Richard Lashley, expects shareholder activism to move from community banks to larger regional banks, including lenders like Comerica (CMA), BB&T Corp. (BBT), and KeyCorp (KEY), reported TheStreet, citing comments made during a panel on investment strategy during The Deal Economy Event at the Nasdaq Exchange. After the next presidential cycle, "When stress tests are done, when Basel is settled, and Congress will realize [the banks] have too much capital," Lashley expects more M&A in the sector, TheStreet quoted him as saying. Reference Link

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