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Stock Market & Financial Investment News

News Breaks
February 26, 2014
08:02 EDTSTSA, UMPQSterling Financial, Umpqua Holdings investors approve merger
Umpqua Holdings Corporation (UMPQ) and Sterling Financial Corporation (STSA) announced that their respective shareholders have voted overwhelmingly to approve the companies’ Agreement and Plan of Merger, previously announced on September 11, 2013. Umpqua’s shareholders also approved an amendment to Umpqua’s articles of incorporation, effective at the closing of the merger, increasing the number of authorized shares of common stock to 400,000,000. Completion of the merger, which provides for Sterling to merge into Umpqua, is expected in the second quarter of 2014, pending regulatory approvals and other customary closing conditions.
News For STSA;UMPQ From The Last 14 Days
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August 28, 2015
09:18 EDTUMPQUmpqua Holdings management to meet with Stephens
Meeting to be held in San Francisco on September 3 hosted by Stephens.
August 27, 2015
10:00 EDTUMPQOn The Fly: Analyst Upgrade Summary
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06:54 EDTUMPQUmpqua Holdings upgraded to Outperform from Market Perform at Wells Fargo
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August 25, 2015
07:14 EDTUMPQUmpqua Holdings upgraded to Strong Buy from Outperform at Raymond James
Raymond James upgraded Umpqua Holdings to Strong Buy and a $20 price target citing the pullback in shares, and accelerating revenue-based synergies and cost savings from smaller institution acquisitions and direct investments in its franchise.

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