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Stock Market & Financial Investment News

News Breaks
March 24, 2014
06:22 EDTZIONZions Bancorp downgraded to Market Perform from Outperform at BMO Capital
BMO Capital downgraded Zions to reflect the overhang from the DFAST capital shortfall and downside risk to earnings estimates from a capital raise. Price target lowered to $30 from $32.
News For ZION From The Last 14 Days
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January 12, 2015
06:52 EDTZIONAnalyst says oil price decline to hurt banks, NY Times reports
As a result of the decline in oil prices, banks in energy producing states will at least suffer a loan growth slowdown and may also see some defaults, Charles Peabody, a banking specialist at Portales Partners said, according to The New York Times. Banks that could be significantly affected by low oil prices include BOK Financial (BOKF) Cullen/Frost (CF), Zions Bancorporation (ZION) , Prosperity Bancshares (PB) 7%, and Comerica (CMA) 7%, BMO Capital stated last December 1. Reference Link

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