Regional Banks

Mercantile Bancorp, Inc. (NYSE: MBR) today announced Lee R. Keith has been appointed, effective today, as the acting and interim President and CEO of Mercantile Bancorp, Inc. (and Chairman of Mercantile Bank. The appointment is contingent on the approval of the Federal Deposit Insurance Corporation...

ChinaEdu Corporation (NASDAQ: CEDU) climbed 39.39% to $6.44 at 9:45 am. CEDU shares have dropped 37.90% over the past 52 weeks, while the S&P 500 index has gained 6.93% in the same period. Plumas Bancorp (NASDAQ: PLBC) surged 25.86% to $2.19. PLBC shares have dipped 43.87% over the past 52...

Alliance Bankshares Corporation (NASDAQ: ABVA) has appointed Jean S. Houpert as Senior Vice President, Interim Chief Financial Officer for the Company and its banking subsidiary, Alliance Bank Corporation. Ms. Houpert joined the Bank in October 2008 as Vice President, Director of Accounting, with...

Jefferies upgraded its rating on SunTrust Banks (NYSE: STI) from Hold to Buy. At the same time, the rating agency reduced its price target on the company's stock from $32 to $30. On Thursday, STI closed the day at $21.84. Its shares added 2.34% to their value in today's pre-market trading to stand...

According to KBW, One National Bancorp (NYSE: ONB), EPS estimates and PT have been changed. KBW reported an increase in EPS estimates from $0.75 to $0.88 for FY11 and from $0.95 to $1.00 for FY12. PT has increased from $11 to $12 and rating has been maintained at Market Perform. ONB closed...

This is your Benzinga news summary and traders' outlook for Friday, August 5, 2011, covering headlines from overnight and Friday's pre-market session. Today in domestic pre-market trading, U.S. equity futures are set for another weak morning as traders wait for the jobs report. At last check, Dow...

JP Morgan upgraded Southern Copper Corporation (NYSE: SCCO) from “neutral” to “overweight.” SCCO's shares closed at $30.74 yesterday. Southern Copper's PEG ratio is 0.52. Jefferies & Company upgraded SunTrust Banks Inc (NYSE: STI) from “hold” to “buy.” STI's shares closed at $21.84 yesterday....

Pre-open movers US stock futures are lower this morning, as investors are awaiting employment data. Futures for the Dow Jones Industrial Average dipped 35 points to 11,336.00 and S&P 500 index futures fell 2.20 points to 1,196.50. Nasdaq 100 futures dropped 7.50 points to 2,202.00. A Peek...

Jefferies & Company has upgraded SunTrust Banks (NYSE: STI) from Hold to Buy and has lowered the price target from $32 to $30.

The Ceska Narodni Banka (CNB) maintained the two-week repurchase rate unchanged at 0.75% as expected.  The Bank also held the the discount rate unchanged at 0.25% and the Lombard rate at 1.75%.  The Bank said: "Consistent ... Go to http://SwingTradingDaily.com for full article, videos and real-...

Shares of Popular (NASDAQ: BPOP) are lower on the session by 0.83%, trading at $2.38. Overall call volume is now running at 130.17x the daily average, with 100% of all calls traded being purchases on the offer. 30,070 contracts have traded on the session so far. Popular, Inc. is a diversified,...

Stocks trading at or near 52-week highs and lows provide excellent trading opportunities, as volatility tends to increase at such levels and exit/entry points become more clearly defined. The following stocks hit new 52-week highs in Monday's trading session (listed from highest total volume to...

IBERIABANK Corporation (NASDAQ: IBKC) announced today that the Board of Directors of the Company authorized the repurchase of up to 900,000 shares of the Company's outstanding common stock.

CGAP (Consultative Group to Assist the Poor) reports that the State Bank of Pakistan (SBP), the nation's central banking authority, recently announced modifications to its branchless banking regulations that include: removal of the requirement to have one's fingerprint scanned to open an account;...

Horizon Bancorp (NASDAQ: HBNC) today announced that Horizon has received preliminary approval from the U.S. Department of the Treasury to receive an investment of $12.5 million under the Small Business Lending Fund. The SBLF, which is part of the Small Business Jobs Act of 2010, provides...