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Stock Market & Financial Investment News

News Breaks
February 11, 2013
07:13 EDTVPFGViewPoint Financial downgraded to Equal Weight from Overweight at Stephens
Stephens downgraded ViewPoint due to valuation. Price target lowered to $22 from $23.
News For VPFG From The Last 14 Days
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December 18, 2014
07:14 EDTVPFGViewPoint Financial upgraded to Strong Buy from Outperform at Raymond James
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December 10, 2014
07:01 EDTVPFGViewPoint Financial receives regulatory approvals for merger with LegacyTexas
ViewPoint Financial announced that they have received all regulatory approvals required to complete their merger. After the satisfaction of customary closing conditions, including applicable waiting periods, ViewPoint and LegacyTexas plan to complete their merger on January 1, 2015. The merger, which has been unanimously approved by the boards of directors of both companies and by the stockholders of LegacyTexas, will result in one of the largest independent banks in the state of Texas, with 51 branches and pro forma assets of nearly $6B. Immediately following completion of the merger, ViewPoint will be known as LegacyTexas Financial Group and begin trading under the ticker symbol LTXB. The banking subsidiary will be known as LegacyTexas Bank, with branch and branding integration planned for February 2015.

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