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Allied Irish Banks Down 8% In Pre-Market (AIB)
Monday, November 22, 2010 - 9:10am | 86Allied Irish Banks, plc. (NYSE: AIB) is down 8% this morning on heavy volume in pre-market trading, as concerns come about now that Ireland has filed for aid, traders are looking to which country is next. There are also concerns that the Irish government is in a serious state of flux, as the Green...
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More Bank Failures, Tally Hits 149 - Analyst Blog
Monday, November 22, 2010 - 9:09am | 820The ongoing economic volatility took its toll on three more banks last week. The banks shuttered by the U.S. regulators last Friday were based in Florida, Pennsylvania and Wisconsin.This brings the total number of bank failures to 149 so far in 2010, compared to 140 in 2009, 25 in 2008 and just 3...
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Citi & Wells Settle Suit for $100M - Analyst Blog
Monday, November 22, 2010 - 6:53am | 432Citigroup Inc. (C) and Wells Fargo & Co. (WFC) have decided to bury the hatchet associated with the Wachovia Corp. acquisition and move on. In order to settle all claims related to the lawsuit, Wells Fargo will have to pay $100 million to Citi. The dispute started two years ago when...
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Company News for November 22, 2010 - Corporate Summary
Monday, November 22, 2010 - 4:59am | 687• Tyson (NYSE: TSN) posted fiscal fourth quarter earnings of $0.64, beating estimates of $0.56. Revenues were $7.44 billion, below estimates of $7.75 billion • Tech Data (NASDAQ: TECD) reported third quarter earnings $1.07 up from estimates of $0.95 on revenues of $6.16 billion that beat estimates...
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Insider Weekends – November 19, 2010
Monday, November 22, 2010 - 4:37am | 1703Welcome to edition twenty four of Insider Weekends. Insider buying decreased significantly last week with insiders purchasing $25.73 million of their stock when compared to $45.16 million in the week prior. Selling also decreased with insiders selling $2.37 billion worth of stock when compared to $...
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Zacks #5 Rank Additions for Monday - Tale of the Tape
Monday, November 22, 2010 - 4:14am | 341Here are 5 stocks added to the Zacks #5 Rank ("strong sell") List today: Agilysys Inc (AGYS) Aviat Networks Inc (AVNW) Barclays PLC (BCS) Big Lots Inc (BIG) BPZ Resources Inc (BPZ) View the entire Zacks #5 Rank List. AGILYSYS INC (AGYS): Free Stock Analysis Report AVIAT NETWORKS (AVNW): Free...
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More Bank Failures, Tally Hits 149 - Analyst Blog
Monday, November 22, 2010 - 3:30am | 820The ongoing economic volatility took its toll on three more banks last week. The banks shuttered by the U.S. regulators last Friday were based in Florida, Pennsylvania and Wisconsin.This brings the total number of bank failures to 149 so far in 2010, compared to 140 in 2009, 25 in 2008 and just 3...
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Wells Fargo Declares Dividends on Preferred Stock
Friday, November 19, 2010 - 4:08pm | 154Wells Fargo & Company (NYSE: WFC) today announced dividends on two series of preferred stock. A quarterly cash dividend of $20 per share was declared on its 8.00% non-cumulative perpetual class A preferred stock, Series J, liquidation preference $1,000 per share. This dividend equals $0.50 per...
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Wells Fargo Owes $100 Million To Citigroup (C, WFC)
Friday, November 19, 2010 - 1:28pm | 99Wells Fargo & Co. (NYSE: WFC) has agreed to pay $100 million to Citigroup (NYSE: C) to settle claims over its purchase of Wachovia during the financial crisis, in October 2008. Citigroup was the first to publicly announce it was going to buy Wachovia, which was in danger of going under, due to...
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I'm Giving Away Silver Coins
Friday, November 19, 2010 - 1:22pm | 1430"Durango - the Spaniards dream - lies in the heart of the famous Sierra Madre Mountains. Its beautiful climate, ancient forests, graceful plains and above all, its wonderful wealth of gold and silver and copper - together with an abundance of water - have combined to...
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I'm Giving Away Silver Coins
Friday, November 19, 2010 - 1:22pm | 1430"Durango - the Spaniards dream - lies in the heart of the famous Sierra Madre Mountains. Its beautiful climate, ancient forests, graceful plains and above all, its wonderful wealth of gold and silver and copper - together with an abundance of water - have combined to...
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Citi and Wells Fargo Announce Settlement in Wachovia Acquisition
Friday, November 19, 2010 - 1:06pm | 96Wells Fargo & Company (NYSE: WFC) and Citigroup (NYSE: C) issued the following statement today: “We are pleased to announce the resolution of the litigation between Citigroup Inc. and Wells Fargo & Co. relating to the acquisition of Wachovia Corp. in October 2008. Wells Fargo will pay...
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Zacks Analyst Blog Highlights: Comerica Inc., JPMorgan Chase & Co., Wells Fargo & Co., PNC Financial Services Group Inc. and Citigroup Inc - Press Releases
Friday, November 19, 2010 - 11:33am | 1211For Immediate Release Chicago, IL – November 19, 2010 – Zacks.com Analyst Blog features: Comerica Inc. (CMA), JPMorgan Chase & Co. (JPM), Wells Fargo & Co. (WFC), PNC Financial Services Group Inc. (PNC) and Citigroup Inc. (C). Get the most recent insight from Zacks Equity Research with the...
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Zacks #1 Rank Additions for Friday - Tale of the Tape
Friday, November 19, 2010 - 9:33am | 260Here are 5 stocks added to the Zacks #1 Rank ("strong buy") List today: Air Liquide (AIQUY) Avnet Inc (AVT) Banco Macro SA (BMA) BofI Holding Inc (BOFI) BRE Properties Inc (BRE) View the entire Zacks #1 Rank List. AVNET (AVT): Free Stock Analysis Report BANCO MACRO-ADR (BMA): Free Stock Analysis...
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Zacks Analyst Blog Highlights: Comerica Inc., JPMorgan Chase & Co., Wells Fargo & Co., PNC Financial Services Group Inc. and Citigroup Inc - Press Releases
Friday, November 19, 2010 - 6:01am | 1211For Immediate Release Chicago, IL – November 19, 2010 – Zacks.com Analyst Blog features: Comerica Inc. (CMA), JPMorgan Chase & Co. (JPM), Wells Fargo & Co. (WFC), PNC Financial Services Group Inc. (PNC) and Citigroup Inc. (C). Get the most recent insight from Zacks Equity Research with the...