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Stock Market & Financial Investment News

News Breaks
August 13, 2014
10:01 EDTCMAComerica Chief Credit Officer John Killian to retire in May 2015
Comerica Incorporated announced that John M. Killian, Chief Credit Officer, will retire in May 2015 following a 40-year career with the bank. Peter W. Guilfoile, EVP and National Credit Administration Manager, will serve as the new Chief Credit Officer effective Feb.1, 2015, and will become a member of Comerica's Management Policy Committee at that time. He will report to Ralph W. Babb Jr., Comerica Chairman and CEO.
News For CMA From The Last 14 Days
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October 20, 2014
09:13 EDTCMAComerica downgraded to Hold from Buy at Rafferty Capital
Rafferty downgraded Comerica to Hold based on concerns the company will not be able to maintain its net interest income combined with operating expenses over the next few quarters. Price target lowered to$48 from $59. Note that Bernstein, Nomura, and Sandler O'Neill upgraded shares this morning.
08:16 EDTCMAComerica upgraded to Buy from Hold at Sandler O'Neill
Sandler O'Neill upgraded Comerica to Buy with a $49 price target due to valuation and increased confidence in cost controls. Note this is the third upgrade of the day.
06:49 EDTCMAComerica upgraded to Neutral from Reduce at Nomura
Nomura upgraded Comerica to Neutral based on reasonable valuation. Price target lowered to $41 from $42. Note that Bernstein upgraded shares to Market Perform this morning.
05:55 EDTCMAComerica upgraded to Market Perform from Underperform at Bernstein
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