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First Merchants Corporation Dividend of $.01
Tuesday, November 30, 2010 - 1:06pm | 44First Merchants Corporation (Nasdaq: FRME) declared a cash dividend on November 29, 2010 of $0.01 per share, payable on December 20, 2010, to shareholders of record on December 6, 2010. For purposes of broker trading, the ex-date of the cash dividend is December 4, 2010.
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Federated Closes $14B Transition - Analyst Blog
Tuesday, November 30, 2010 - 11:33am | 448Investment management firm Federated Investors Inc. (FII) accomplished the transition of $14 billion in money market assets that were previously managed by SunTrust Bank Inc.'s (STI) RidgeWorth Captial Management unit. On September 20, 2010, Federated acquired the money market management...
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Heartland Financial USA Adds Residential Mortgage Division
Tuesday, November 30, 2010 - 10:32am | 84Heartland Financial USA, Inc. (NASDAQ: HTLF) announced today a significant addition to its residential mortgage lending capabilities with the hiring of a mortgage banking team of professionals and executives in the Phoenix, Arizona market. Operating under the brand, National Residential Mortgage,...
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Oppenheimer Sees 100% Upside In Marshall & Ilsley (MI)
Tuesday, November 30, 2010 - 9:31am | 147Oppenheimer & Co. sees 100% upside in Marshall & Ilsley Corp. (NYSE: MI), as it has a $9.50 price target and a Overweight rating on shares. In a note sent to investors, Oppenheimer writes, "We see M&I creeping back to profitability by the middle part of 2011 with our FY11 and FY12 EPS...
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Citizens Holding Company Increases Dividend 4.8% to $.22
Tuesday, November 30, 2010 - 9:02am | 84Citizens Holding Company (NASDAQ: CIZN) announced today that its Board of Directors declared a cash dividend of $0.22 per share payable December 31, 2010, to shareholders of record as of December 15, 2010. “Today I am announcing our fourth quarter 2010 dividend of $0.22 per share, an increase of $...
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How the Last Recession Shaped Up - Analyst Blog
Tuesday, November 30, 2010 - 8:55am | 1290The recession is over. Or is it? Economic data assert it is safely behind us, but to most Americans, the change is not yet palpable. We are still reeling under the losses incurred during the recession, and trying to make better sense of what we have just been through. In retrospect, what does...
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Sandy Spring Bancorp Price Target Raised to $18 at FBR Capital
Tuesday, November 30, 2010 - 8:52am | 22Sandy Spring Bancorp (NASDAQ: SASR) price target is raised from $16.50 to $18 at FBR Capital.
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S&P Lowers Regions' Rating - Analyst Blog
Monday, November 29, 2010 - 5:36pm | 478Regions Financial Corp. (RF) was downgraded by Standard & Poor's Ratings Services (S&P) last week. The downgrade follows an annual review of the company's financial performance. S&P cut its counterparty credit rating for Regions to BB+/B from BBB-/A-3, with a negative outlook....
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TowneBank Announces Dividend of $.08
Monday, November 29, 2010 - 5:28pm | 62Hampton Roads based TowneBank (Nasdaq: TOWN) announced today that its Board of Directors on November 24, 2010 declared its fourth-quarter shareholder cash dividend of $0.08 per common share payable on January 11, 2011 to shareholders of record on December 31, 2010. The amount and declaration of...
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Market Roundup (LNC, GNW, KEY, TCK, IVN, RIMM, HES, CVX, COP, AMAG, AMRN)
Monday, November 29, 2010 - 1:46pm | 336US Energy stocks fell along with the broader equity market. The top decliners in the list include Hess Corp (NYSE: HES), Chevron Corp (NYSE: CVX) and ConocoPhillips (NYSE: COP). The NYSE Arca Oil Index (XOI) dropped about 0.97%, while the NYSE Arca Natural Gas Index (XNG) moved down about 0.6%....
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S&P Lowers Regions' Rating - Analyst Blog
Monday, November 29, 2010 - 12:02pm | 478Regions Financial Corp. (RF) was downgraded by Standard & Poor's Ratings Services (S&P) last week. The downgrade follows an annual review of the company's financial performance. S&P cut its counterparty credit rating for Regions to BB+/B from BBB-/A-3, with a negative outlook....
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Top Performing Industries For November 29 (TWMC, WBD, OPHCD, RBNF)
Monday, November 29, 2010 - 11:34am | 196At 10:28 am, the Dow lost 1.27% to 10,950.81, the broader Standard & Poor's 500 index moved down 1.11% to 1,176.20 and the NASDAQ composite index fell 1.28% to 2,502.00. The industries that are still afloat in the market today are: Music & Video Stores: This industry jumped 0.78% by 10:28...
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Zacks #5 Rank Additions for Monday - Tale of the Tape
Monday, November 29, 2010 - 9:30am | 342Here are 5 stocks added to the Zacks #5 Rank ("strong sell") List today: Amer River Bankshares (AMRB) Banner Corp (BANR) Barclays PLC (BCS) Barnes Group Inc (B) Checkpoint Sys Inc (CKP) View the entire Zacks #5 Rank List. AMER RIVER BSH (AMRB): Free Stock Analysis Report BARNES GRP (B): Free...
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Zacks #5 Rank Additions for Monday - Tale of the Tape
Monday, November 29, 2010 - 4:14am | 342Here are 5 stocks added to the Zacks #5 Rank ("strong sell") List today: Amer River Bankshares (AMRB) Banner Corp (BANR) Barclays PLC (BCS) Barnes Group Inc (B) Checkpoint Sys Inc (CKP) View the entire Zacks #5 Rank List. AMER RIVER BSH (AMRB): Free Stock Analysis Report BARNES GRP (B): Free...
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Keffe, Bruyette, & Woods Reiterates Market Perform on FLIC
Friday, November 26, 2010 - 10:02am | 130Keffe, Bruyette, & Woods is out with a research report this morning, where it reiterates its Market Perform rating on The First of Long Island Corp. (NASDAQ: FLIC); it has a $28.00 price target on the stock. The KBW analysts said, “We are updating our estimates after FLIC recently posted...