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News Breaks | | | | October 2, 2012 | | 05:38 EDT |  | FBC, CMA | Flagstar Bancorp appoints Michael J. Tierney as President and CEO
Flagstar Bancorp and its wholly-owned subsidiary Flagstar Bank, of FSB, announced that their Boards of Directors appointed Michael J. Tierney to serve as President of the company and the Bank, effective immediately, and as CEO of each entity, effective Nov. 1, in each case subject to receipt of regulatory non-objection. Upon becoming CEO, Tierney will also become a director of the company and the Bank. Tierney has served as EVPt and Managing Director of Personal Financial Services at Flagstar since February 2011. Tierney will succeed Joseph P. Campanelli, who has served as Flagstar's President, CEO and Chairman of the Board of Directors since 2009. Campanelli will continue to serve as Flagstar's CEO and a director on the Flagstar Board until Oct. 31, when he will resign to pursue other opportunities. Following his resignation as CEO and director, Campanelli will be available to support Flagstar in a transitional role. Flagstar also announced that John D. Lewis, Managing Director of Donnelly Penman & Partners and former Vice Chairman of Comerica Bank (CMA), has been appointed a director of the company and the Bank and will serve as Non-Executive Chairman of their Boards of Directors, in each case subject to receipt of regulatory non-objection. Lewis has extensive financial services expertise, having worked for 36 years at Comerica, where he was instrumental in building and expanding Comerica's presence in Michigan. | |
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News For FBC;CMA From The Last 14 Days Check below for free stories on FBC;CMA the last two weeks. |
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| May 17, 2013 | | 08:08 EDT | | FBC | Flagstar Bancorp appoints Sandro DiNello CEO, Lee Smith as COO
Upon becoming CEO, DiNello will replace Michael Tierney as a director of the company and the bank. Tierney, who has served as CEO of both the Company and the Bank since November 2012 and as President of the Company since October 2012, will resume his role as the Bank's Executive Vice President, Personal Financial Services, a position he held prior to becoming President. | | | May 16, 2013 | | 08:33 EDT |  | CMA | BofA/Merrill's gobal financial analysts hold an analyst/industry conference call
Global Financial Institutions Analysts discuss their Global Financials Quarterly Best Ideas Report on an Analyst/Industry conference call. Relevant companies AIG, ALL, ASBC, BCH, BKU, BBT, BBD, C, CMA, EVER, FITB, FHN, FRC, FULT, HBAN, ING, KEY, MTB, PNC, RF, STI, SUSQ, SNV, HIG, USB, WFC, XL and ZION may be included on the Analyst/Industry conference call to be held on May 16 at 10 am. | | | May 8, 2013 | | 10:00 EDT |  | CMA | On The Fly: Analyst Downgrade Summary
 Subscribe for More Information | | | 06:19 EDT | | CMA | Comerica downgraded to Underperform from Neutral at RW Baird
Subscribe for More Information | | | May 6, 2013 | | 10:04 EDT | | CMA | On The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: C&J Energy (CJES) downgraded to Neutral from Buy at Goldman.... Corcept Therapeutics (CORT) downgraded to Neutral from Overweight at Piper Jaffray... Exelon (EXC) downgraded to Neutral from Buy at ISI Group... HeartWare (HTWR) downgraded to Neutral from Outperform at Credit Suisse... Kimco Realty (KIM) downgraded to Neutral from Buy at Goldman... Moody's (MCO) downgraded to Outperform from Strong Buy at Raymond James... PACCAR (PCAR) downgraded to Neutral from Buy at BofA/Merrill... Unum Group (UNM) downgraded to Hold from Buy at Deutsche Bank... Weatherford (WFT) downgraded to Neutral from Strong Buy at ISI Group... Churchill Downs (CHDN) downgraded to Neutral from Long-Term Buy at Hilliard Lyons... Electronic Arts (EA) downgraded to Sell from Hold at Hudson Square... Summit State Bank (SSBI) downgraded to Neutral from Long-Term Buy at Hilliard Lyons... Ironwood (IRWD) downgraded to Neutral from Outperform at Cowen... Oil States (OIS) downgraded to Neutral from Add at Capital One... CYS Investments (CYS) downgraded to Neutral from Buy at Nomura... American Capital Agency (AGNC) downgraded to Neutral from Buy at Nomura... Integrys Energy (TEG) downgraded to Neutral from Buy at DA Davidson... Oil States (OIS) downgraded to Accumulate from Buy at Tudor Pickering... Delcath Systems (DCTH) downgraded to Market Perform from Outperform at JMP Securities... Comerica (CMA) downgraded to Neutral from Buy at BTIG... Eldorado Gold (EGO) downgraded to Sector Perform from Outperform at RBC Capital | | | 07:26 EDT | | CMA | Comerica downgraded to Neutral from Buy at BTIG
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