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Stock Market & Financial Investment News

News Breaks
April 12, 2013
17:51 EDTHCBK, MTBHudson 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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July 23, 2014
08:03 EDTHCBKHudson City Bancorp reports Q2 EPS 8c, consensus 7c
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July 21, 2014
10:02 EDTMTBOn The Fly: Analyst Upgrade Summary
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06:02 EDTMTBM&T Bank upgraded to Outperform from Market Perform at Keefe Bruyette
Keefe Bruyette upgraded M&T Bank to Outperform with a $141 price target.
July 17, 2014
08:06 EDTMTBM&T Bank reports Q2 adjusted EPS $2.02, consensus $1.09
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