Regional Banks

Jefferies & Co. has a Hold rating and a $16 price target on shares of TCF Financial Corp. (NYSE: TCB). In a note to clients, Jefferies writes, "While we walk away from meetings with a better sense for the actions TCB is undergoing to offset headwinds to its business model, it will be some time...

At the Community Partners Bancorp (Nasdaq: CPBC) (parent company of Two River Community Bank) Annual Meeting held on Tuesday, May 10, 2011 at the Hilton Woodbridge in Iselin, the Board of Directors elected Frank J. Patock, Jr., as their new Chairman of the Board. Formerly the Vice Chairman of the...

Best 1) Temple-Inland (NYSE: TIN): Trading up 41.3% from yesterday's close to $29.67. International Paper put in a bid to acquire Temple-Inland for $30.60 per share. Temple's board rejected the deal, saying that the bid undervalued the company. 2) Westinghouse Solar (NASDAQ: WEST): Trading up 28...

Compass Point is out with its report today on KeyCorp (NYSE: KEY), upgrading KEY to Buy. In a note to clients, Compass Point writes, "We are upgrading shares of KEY from Neutral to Buy. Trading at .93x TBV and with 10.7% Tier 1 common, we believe the recent sell‐off provides an attractive risk/...

Goldman Sachs upgraded XILINX Inc (NASDAQ: XLNX) from “sell” to “neutral.” XILINX's shares closed at $33.76 yesterday. XILINX's trailing-twelve-month operating margin is 34.01%. Analysts at Deutsche Bank upgraded Corn Products International Inc (NYSE: CPO) from “hold” to “buy.” CPO's shares closed...

According to a recent report from Keefe, Bruyette & Woods, First Financial Bancorp (NASDAQ: FFBC) recently announced it has entered to purchase 16 branches of Liberty Savings Bank, based out of Dayton, Ohio. The interest in the Dayton branches is consistent with FFBC's previous comments to...

With the 2010/11 television season now complete, CTV has once again won the season in total viewers and the key advertising demos A25-54, A18-49, and A18-34. Based on data from BBM Canada through the end of the season last Wednesday, May 25, CTV is Canada's most-watched network in total viewers and...

US stock futures are higher this morning, as investors are awaiting a speech by Federal Reserve Chairman Ben Bernanke. Futures on the Dow Jones Industrial Average surged 52 points to 12,139.00 and futures on the S&P 500 stock index rose 6.80 points to 1,291.80. Nasdaq 100 futures gained 9.25...

Wunderlich reiterates its Buy rating on Columbia Banking System (NASDAQ: COLB). At the same time, Wunderlich lowered its price target on the company's stock to $22. In a research report published today, Wunderlich states, "We maintain our Buy rating on shares of Columbia Banking System (COLB), but...

Below are the top regional-pacific banks stocks on the NYSE in terms of cash. City National Corporation (NYSE: CYN) had $1.17 billion in total cash and $876.96 million in total debt for the latest quarter. Bank of Hawaii Corporation (NYSE: BOH) had $671.26 million in total cash and $1.82 billion...

Some of the stocks that may grab investor focus today are: Wall Street expects Navistar International Corporation (NYSE: NAV) to report its Q2 EPS at $1.17 on revenue of $3.30 billion. NAV shares gained 0.08% to $62.92 in after-hours trading. Temple-Inland Inc (NYSE: TIN) rejected a $3.3 billion...

Waccamaw Bankshares (NASDAQ: WBNK) announced today that it has submitted to the Listing Qualifications Department of the NASDAQ Stock Market its plan to regain compliance with the NASDAQ listing rules. As previously announced in the company's press releases dated April 8, 2011, and May 23, 2011,...

Regions Bank (NYSE: RF) today announced that it has signed a definitive agreement with FIA Card Services to acquire the Regions-branded credit card portfolio of approximately $1 billion. The portfolio of 500,000 existing Regions customer accounts will accelerate Regions' efforts to improve...

Regions Bank (NYSE: RF) today announced that it has signed a definitive agreement with FIA Card Services to acquire the Regions-branded credit card portfolio of approximately $1 billion. The portfolio of 500,000 existing Regions customer accounts will accelerate Regions' efforts to improve balance...

Shares of TCF Financial Corporation (NYSE: TCB) are higher on the session by 0.42%, trading at $14.43. Overall call volume is now running at 9.77x the daily average, with 63% of all calls traded being purchases on the offer. 1,045 contracts have traded on the session so far. TCF Financial...