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Stock Market & Financial Investment News

News Breaks
December 28, 2012
08:01 EDTHMSTHomeStreet announces termination of MOU
HomeStreet Bank, a wholly owned subsidiary of HomeStreet, Inc., has been notified by the Federal Deposit Insurance Corporation and Washington Department of Financial Institutions that its Memorandum of Understanding was terminated effective December 27. The Memorandum of Understanding, dated March 26, required, among other things, the maintenance of a minimum Tier 1 capital ratio of 9%, a plan to reduce adversely classified assets to levels to be established by mutual agreement with the regulators, and a restriction on payment of dividends from the Bank to HomeStreet. The Bank is no longer required to comply with these items.
News For HMST From The Last 14 Days
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July 28, 2015
07:16 EDTHMSTKeefe Bruyette to hold a conference
16th Annual Community Bank Investor Conference is being held in New York on July 28-29 with webcasted company presentations to begin on July 28 at 8 am; not all company presentations may be webcasted. Webcast Link
July 27, 2015
08:37 EDTHMSTHomeStreet added to Top Picks list at FBR Capital
FBR Capital added HomeStreet (HMST) to its Top Picks list and raised its price target for shares to $32 from $25. FBR removed New Residential Investment (NRZ) from the list. The firm expects HomeStreet's earnings diversification to bring a higher valuation multiple and keeps an Outperform rating on the name.
July 24, 2015
17:02 EDTHMSTHomeStreet reports Q2 core EPS 65c, consensus 64c

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