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Stock Market & Financial Investment News

News Breaks
January 24, 2013
07:20 EDTFNFGFirst Niagara downgraded to Underweight from Equal Weight at Evercore
News For FNFG From The Last 14 Days
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February 10, 2016
15:22 EDTFNFGNY Governor requests KeyCorp acquisition of First Niagara be blocked
New York Governor Andrew Cuomo officially requested that federal officials block KeyBank's (KEY) proposed acquisition of First Niagara (FNFG), stating: "The proposed acquisition of First Niagara by Key Bank would have a devastating impact on consumers and businesses in Upstate New York, and I urge the federal government to reject the application. This proposal would reduce retail banking competition, limit consumer access and convenience, and ultimately eliminate jobs throughout the region. Blocking this deal is the right thing to do - plain and simple - and my administration will not hesitate to stand up for New Yorkers by opposing this acquisition." Shares of First Niagra are down 3.4% to $9.01 following the announcement.
15:19 EDTFNFGNY Governor requests First Niagara acquisition by KeyCorp be blocked
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February 5, 2016
07:34 EDTFNFGFirst Niagara reports Q4 EPS 15c, consensus 15c
Reports Q4 book value per share $10.78. Reports Q4 CET1 capital ratio 12%.

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