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Stock Market & Financial Investment News

News Breaks
February 12, 2014
08:59 EDTMTBM&T Bank issues revised FY13 results based on litigation settlement
M&T Bank reported that on February 10, it reached a settlement in the previously disclosed matter of Mennen, et al v. Mennen, Wilmington Trust Company, et al that was scheduled for a trial to commence yesterday in the Delaware Chancery Court. Following that settlement, M&T recognized an increase to its reserve for litigation as of December 31, 2013 of $40M that reduced net income from that which M&T reported on January 17 by $24M. The impact on diluted earnings per common share was 18c for each of the quarter and the year ended December 31, 2013.
News For MTB From The Last 14 Days
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October 17, 2014
08:11 EDTMTBM&T Bank reports Q3 non-GAAP EPS $1.94, consensus $1.98
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October 16, 2014
15:26 EDTMTBNotable companies reporting before tomorrow's open
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October 9, 2014
13:14 EDTMTBM&T Bank to refund $2.9M to customers for deceptive advertising practices
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