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Stock Market & Financial Investment News

News Breaks
May 12, 2014
05:37 EDTMTB, HCBKM&T Bank upgraded to Buy from Neutral at Goldman
Goldman Sachs upgraded M&T Bank (MTB) to Buy on expectations earnings accretion from the Hudson City (HCBK) deal will top original guidance. The firm raised its price target for shares to $145 from $128.
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August 28, 2014
07:24 EDTHCBK, MTBLong delay for M&T, Hudson tie-up raises questions, chills mergers, WSJ says
Regulators at the Federal Reserve have held up M&T Bank's (MTB) planned $3.7B acquisition of Hudson City Bancorp (HCBK) for two years, raising questions about why it is taking so long to close the deal and potentially also making other banks afraid to do deals, said The Wall Street Journal. Reference Link

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