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Stock Market & Financial Investment News

News Breaks
February 19, 2014
06:12 EDTMTBM&T Bank upgraded to Buy from Neutral at SunTrust
SunTrust now believes M&T Bank's (MTB) acquisition of Hudson City Bancorp (HCBK) is likely to close in late 2014 and raised estimates to reflect the benefits of the acquisition. As a result, the firm upgraded shares and raised its price target to $130 from $115.
News For MTB From The Last 14 Days
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March 24, 2015
07:26 EDTMTBMaxim Integrated targeting major banks with patent lawsuits, Reuters reports
Maxim Integrated is (MXIM) targeting several major banks alleging their smartphone banking apps infringe the company's patents, reports Reuters. The complaints were filed against M&T Bank (MTB), and the US affiliates of HSBC (HSBC) and Banco Santander (SAN). The patents cover various technologies that secure data, including encryption for mobile financial transactions. Reference Link

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