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Stock Market & Financial Investment News

News Breaks
April 12, 2013
17:51 EDTMTB, HCBKHudson City, M&T Bank reach MOU with holders in lawsuit
In a regulatory filing, Hudson City Bancorp said that on April 12, Hudson City (HCBK) and M&T Bank (MTB) entered into a memorandum of understanding with plaintiffs regarding the settlement of putative class actions pending before the Delaware Court of Chancery and the Hudson City shareholder litigation pending before the Superior Court for the State of New Jersey. Hudson City, M&T, and the other defendants deny all of the allegations in the actions and believe the disclosures in the joint proxy statement are adequate under the law. Nevertheless, Hudson City, M&T, and the other defendants have agreed to settle the actions in order to avoid the costs, disruption, and distraction of further litigation.
News For HCBK;MTB From The Last 14 Days
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May 3, 2015
13:31 EDTHCBK, MTBM&T Bank stock may return at least 20% in next twelve months, Barron's says
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May 1, 2015
09:08 EDTHCBK, MTBHudson City, M&T deal at risk for longer delay, CT Financial News says
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April 29, 2015
08:11 EDTHCBKHudson City Bancorp reports Q1 EPS 1c, consensus 2c
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08:11 EDTHCBKHudson City Bancorp board did not declare dividend for Q1
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