Regional Banks

Susquehanna Bancshares, Inc. (Susquehanna) (NASDAQ: SUSQ) and Tower Bancorp, Inc. (Tower) (NASDAQ: TOBC) announced the signing of a definitive agreement under which Susquehanna will acquire all outstanding shares of Tower common stock in a stock and cash transaction. The transaction, unanimously...

The Financials Sector is the weakest area of the S&P 500 in today's session, currently down 0.2% on the day. The weakest stocks currently in the S&P 500 Financials Sector are: 1) Goldman Sachs (NYSE: GS): Shares of Goldman Sachs are currently trading down 1.9% from Friday's close to $134....

Shares of TriQuint Semiconductor, Inc. (NASDAQ: TRQT) are lower on the session by 1.96%, currently trading at $10.52. The stock has been moving largely lower over the past four months and is currently trading below the 200-day moving average. Options traders are buying puts on the name today. A...

Doug Kass tweeted that he expects PNC Financial (NYSE: PNC) to monetize its stake in Blackrock (NYSE: BLK) to deal with the new Basel III capital requirements. Shares of PNC are trading at $56.33, down $1.46 today.

Shares of First Horizon National Corporation (NYSE: FHN) are lower on the session by 1.08%, currently trading at $10.11. The stock has been moving largely lower over the past six months and is currently trading below the 50-day and 200-day moving averages. Options traders are buying puts on the...

Shares of PNC Financial Services Group Inc (NYSE: PNC) fell about 0.5% after the company announced its plans to acquire RBC Bank (USA), the US retail banking subsidiary of Royal Bank of Canada (NYSE: RY), for $3.45 billion, or $112 million discount to tangible book value. PNC projects the deal to...

Hanmi Financial Corporation (Nasdaq: HAFC) today announced that it has commenced an underwritten public offering of approximately $75 million of its common stock. FBR Capital Markets & Co. will act as sole book-running manager in connection with this public offering. The Company expects to...

Ticonderoga upgraded LG Display Co Ltd (NYSE: LPL) from “sell” to “neutral.” LPL's shares closed at $13.12 on Friday. LG Display's trailing-twelve-month revenue is $23.00 billion. Analysts at Morgan Stanley upgraded BOK Financial Corporation (NASDAQ: BOKF) from “underweight” to “equal-weight.”...

Pre-open movers US stock futures are lower this morning, after euro zone finance ministers postponed a decision on a Greek bailout package. Futures on the Dow Jones Industrial Average dipped 52 points to 11,886.00 and futures on the S&P 500 stock index fell 5.60 points to 1,260.40. Nasdaq 100...

Morgan Stanley upgraded its rating on BOK Financial Corporation (NASDAQ: BOKF) to Equal-weight from Underweight. At the same time, Morgan Stanley raised its price target on the company's stock from $57 to $60. In a research report published today, Morgan Stanley states, "BOK Financial is a...

PNC Financial Services Group Inc (NYSE: PNC) announced its plans to acquire RBC Bank (USA), the US retail banking subsidiary of Royal Bank of Canada (NYSE: RY), for $3.45 billion, or $112 million discount to tangible book value. PNC projects the deal to be accretive to earnings by 2013, or sooner...

The PNC Financial Services Group, Inc. (NYSE: PNC) and Royal Bank of Canada (NYSE: RY) today announced that they have signed a definitive agreement for PNC to acquire RBC Bank, the U.S. retail banking subsidiary of Royal Bank of Canada, for $3.45 billion, or $112 million discount to tangible book...

US stock futures are lower this morning, after euro zone finance ministers postponed a decision on a Greek bailout package. Futures on the Dow Jones Industrial Average dipped 60 points to 11,878.00 and futures on the S&P 500 stock index fell 6.60 points to 1,259.40. Nasdaq 100 futures dropped...

Sterne Agee reiterated its Neutral rating on CVB Financial Corporation (NASDAQ: CVBF). At the same time, Sterne Agee left its price target on the company's stock unchanged at $10. In a research report published today, Sterne Agee states, "Although the company's fundamentals continue to...

Morgan Stanley has upgraded BOK Financial Corporation (NASDAQ: BOKF) from Underweight to Equal-weight and has raised the price target from $57 to $60.