Regional Banks

Analysts at Barclays upgraded F5 Networks Inc (NASDAQ: FFIV) from “equal-weight” to “overweight.” FFIV's shares closed at $103.00 yesterday. FFIV's trailing-twelve-month operating margin is 29.04%. Analysts at Wunderlich upgraded CVB Financial Corporation (NASDAQ: CVBF) from “hold” to “buy.” CVB...

KBW is out with its report today on BOK Financial (NASDAQ: BOKF), assuming coverage of BOKF at Market Perform. In a note to clients, KBW writes, "We are assuming coverage of BOK Financial with a Market Perform rating and $55 12-month price target. We view the company as a solid operator with a...

KBW is out with its report today on BOK Financial (NASDAQ: BOKF), assuming coverage of BOKF at Market Perform. In a note to clients, KBW writes, "We are assuming coverage of BOK Financial with a Market Perform rating and $55 12-month price target. We view the company as a solid operator with a...

KBW is out with its report today on Susquehanna Bancshares (NASDAQ: SUSQ), upgrading SUSQ from Market Perform to Outperform. In a note to clients, KBW writes, "We are upgrading the shares of SUSQ to Outperform (from MP) due to valuation and our increased confidence in the balance sheet ahead of...

NorthgateArinso today announced that Fifth Third Bancorp (NASDAQ: FITB) has agreed to another seven years to their current HR outsourcing relationship. In addition, Fifth Third has selected the company's euHReka solution. Fifth Third will extend its current HR outsourcing agreement with NGA until...

PNC Financial Services Group (PNC)has acquired RBC Bank (USA) for $3.45b, a $112m discount to tangible book value. PNC will likely start making money on this transaction sometime in early 2013. The stock presently trades at $56.80 with a fifty two week range of $49.43-$65.19.The transaction is to...

More funding deals are arising for U.S. solar power projects as the nation ramps up as a solar market. But it's uncertain if more corporations are apt to jump in to provide financing as Google has. Borrego Solar Systems said Tuesday U.S. Bank (USB) and Southern California's East West Bank (EWBC)...

Fifth Third Bancorp (Nasdaq: FITB) today declared a second quarter 2011 cash dividend on its common shares of $0.06. The cash dividend is payable on Thursday, July 21, 2011 to shareholders of record as of Friday, July 1, 2011.

Fulton Financial Corporation (Nasdaq: FULT) will pay a quarterly cash dividend of five cents per share on its common stock on July 15, 2011 to shareholders of record as of July 5, 2011. This amount is a one cent per share increase over the four cents per share paid in April 2011.

Bank of Montreal (NYSE: BMO) today announced that it has received all key bank regulatory approvals required to complete its acquisition of Marshall & Ilsley Corporation (NYSE: MI). It is anticipated that the acquisition will close on July 5, 2011. "We are very pleased to have obtained all...

Tower Bancorp Inc (NASDAQ: TOBC) shares surged 30.83% to $26.65 at 9:45 am. Susquehanna Bancshares Inc (NASDAQ: SUSQ) agreed to buy Tower Bancorp for $343 million in cash and stock, representing a 41% premium over Tower's closing stock price on Friday. Bank Of Virginia (NASDAQ: BOVA) climbed 16.86...

Shares of Walgreen Co (NYSE: WAG) dropped about 5.7% after the company reported a 30% rise in its fiscal third-quarter profit on Tuesday. Walgreen's quarterly profit surged to $603 million, or $0.65 per share, from $463 million, or $0.47 per share, in the year-earlier period. Its sales increased to...

Shares of Tower Bancorp Inc (NASDAQ: TOBC) surged about 35% in pre-market trading after Susquehanna Bancshares Inc (NASDAQ: SUSQ) agreed to buy Tower Bancorp for $343 million in cash and stock, representing a 41% premium over Tower's closing stock price on Friday. Susquehanna expects the deal to...

Integral Systems, Inc., (Nasdaq: ISYS) announced today at the CommunicAsia 2011 exhibition and conference in Singapore, that its wholly-owned subsidiary, Integral Systems Europe Ltd. (ISE UK), has been awarded a contract by AsiaSat to upgrade two satellite terminals at its Tai Po Earth Station....

Tower Bancorp (NASDAQ: TOBC) is trading over 33% higher in after-market on the news that Susquehanna Bancshares (NASDAQ: SUSQ) acquires the company for $28 per share. The shares of Tower Bancorp are currently trading at $20.37.