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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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February 5, 2016
06:47 EDTZIONActivist investors eyeing U.S. banks for merger waves, Reuters says
Activist investors are targeting the U.S. banking sector, betting that the headwinds the industry is experiencing will accelerate consolidation among such companies, Reuters reports. Banks historically have stayed out of the line of sight of activist investors, with certain exceptions, though rate and regulatory pressures could result in a wave of M&A for SMID-cap institutions, the report says. Potential activist candidates include Comerica Bank (CMA), which Hudson Executive Capital acquired a $56M stake in earlier this week, and Zions (ZION), Reuters notes. Reference Link
January 25, 2016
16:13 EDTZIONZions Bancorp reports Q4 EPS 43c, consensus 41c
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