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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.
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April 14, 2014
08:04 EDTMTBM&T Bank reports Q1 operating EPS $1.66, consensus $1.61
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April 11, 2014
15:20 EDTMTBNotable companies reporting before Monday's open
Notable companies reporting before Monday's open, with earnings consensus, include Citigroup (C), consensus $1.14, and M&T Bank (MTB), consensus $1.61.

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