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Stock Market & Financial Investment News

News Breaks
January 22, 2014
11:42 EDTHCBK, MTBAnalyst: Even with setbacks, M&T Bank still a buy, TheStreet.com reports
Sterne Agee analyst Todd Hagerman still considers M&T Bank (MTB) a "Buy," despite several setbacks, including the delay of its acquisition of Hudson City Bancorp (HCBK), TheStreet.com reports. Reference Link
News For MTB;HCBK From The Last 14 Days
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December 10, 2014
10:10 EDTMTBHigh option volume stocks
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10:00 EDTMTBOn The Fly: Analyst Downgrade Summary
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06:22 EDTMTBM&T Bank downgraded at Raymond James
As previously reported, Raymond James downgraded M&T Bank (MTB) to Underperform from Market Perform. The firm lowered EPS estimates to reflect more conservative NIM assumptions and the pushout of the Hudson City (HCBK) deal.
06:09 EDTMTBM&T Bank downgraded to Underperform from Market Perform at Raymond James
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December 9, 2014
08:06 EDTHCBK, MTBHudson City Bancorp and M&T Bank to extend time to complete merger
Hudson City Bancorp (HCBK) and M&T Bank (MTB) announced that they have agreed to extend the date after which either party may elect to terminate the Agreement and Plan of Merger dated August 27, 2012, if the merger has not yet been completed from December 31 to April 30, 2015 pursuant to Amendment No. 3 to the Agreement and Plan of Merger, which has been approved by both the Hudson City and M&T Boards of Directors. The consideration and exchange ratio as provided in the Agreement and Plan of Merger will remain the same.

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