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Stock Market & Financial Investment News

News Breaks
January 24, 2013
19:43 EDTWALWestern Alliance acquires Centennial Bank for $57.5M, sees accretive to EPS
Western Alliance announced that on January 18, the company's Western Alliance Bank subsidiary executed a definitive agreement to acquire Centennial Bank, located in Fountain Valley, California, for $57.5M in cash, distribution of specified loans and assumption of Centennial Bank's transactional expenses up to $1M. Subject to bankruptcy court and regulatory approval, the transaction is expected to close in late Q1. The company expects the acquisition to be accretive to EPS.
News For WAL From The Last 14 Days
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May 20, 2015
10:00 EDTWALOn The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: Achillion (ACHN) downgraded on valuation at JMP Securities... Ashland (ASH) downgraded to Equal-Weight from Overweight at First Analysis... Bank of Nova Scotia (BNS) downgraded to Underperform from Neutral at BofA/Merrill... Braskem (BAK) downgraded to Neutral from Overweight at JPMorgan... Comerica (CMA) downgraded to Underperform at Baird... Crestwood Midstream (CMLP) downgraded to Neutral from Buy at Ladenburg... Fifth Third (FITB) downgraded to Neutral from Outperform at Baird... Keurig Green Mountain (GMCR) downgraded to Hold from Buy at Argus... Keysight Technologies (KEYS) downgraded to Neutral from Outperform at Baird... Leju (LEJU) downgraded to Underperform from Buy at CLSA... Marrone Bio (MBII) downgraded to Hold from Buy at Jefferies... Southwest (LUV) downgraded to Neutral from Buy at Buckingham... SunTrust (STI) downgraded to Market Perform from Outperform at Keefe Bruyette... Western Alliance (WAL) downgraded to Market Perform from Outperform at Keefe Bruyette.
05:41 EDTWALWestern Alliance downgraded to Market Perform from Outperform at Keefe Bruyette
Keefe Bruyette downgraded Western Alliance to Market Perform citing valuation.

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