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Today's Winners and Losers Within the Russell Microcap Index
Friday, March 18, 2011 - 5:27pm | 709The following is a list of today's winners and losers within the Russell Microcap Index. Winners Shares of Nexxus (NasdaqCM: NEXS) jumped 44% today as the company announced a new partnership with Lowe'...
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Today's Winners and Losers Within the Russell Microcap Index
Friday, March 18, 2011 - 5:27pm | 709The following is a list of today's winners and losers within the Russell Microcap Index. Winners Shares of Nexxus (NasdaqCM: NEXS) jumped 44% today as the company announced a new partnership with Lowe'...
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Fifth Third Bancorp Receives No Objection From Regulators to Common Stock Dividend Increase
Friday, March 18, 2011 - 3:18pm | 124Fifth Third Bancorp (Nasdaq: FITB) announced today that the Board of Governors of the Federal Reserve System did not object to the proposed capital actions in its capital plan, which included an increase in the quarterly common stock dividend in the first quarter of 2011 and the possible future...
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Central Banks Intervene to Weaken Yen 03-18-2011
Friday, March 18, 2011 - 2:56pm | 981Cusick's Corner The Japanese yen set a record high against the dollar yesterday. The Federal Reserve and the other G7 central banks took action – they coordinated plans to intervene in the currency markets to help weaken the yen in order to reverse part of the rally that has happened since the...
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Cramer: Given Its Reaction, The Market Seems Very Strong
Friday, March 18, 2011 - 2:45pm | 41This afternoon on CNBC, Jim Cramer said that given its reaction today, the market seems very strong. "SunTrust Banks, Inc. (NYSE: STI), wow!" Cramer also said. "An equity deal!"
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Trading Resumes: KeyCorp
Friday, March 18, 2011 - 12:48pm | 15Trading Resumes: KeyCorp (NYSE: KEY)
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Trading Resumes: SunTrust Banks
Friday, March 18, 2011 - 12:37pm | 16Trading Resumes: SunTrust Banks (NYSE: STI)
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KeyCorp Announces $625 Million Common Stock Offering; Plan to Repay TARP
Friday, March 18, 2011 - 12:27pm | 220KeyCorp (NYSE: KEY) announced today it has commenced an underwritten public offering of $625 million of its common stock in connection with its plan to repurchase the $2.5 billion of the Series B Fixed-Rate Cumulative Perpetual Preferred Stock it issued to the U.S. Treasury under the TARP Capital...
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Trading Halted: KeyCorp, News Pending
Friday, March 18, 2011 - 12:25pm | 17Trading Halted: KeyCorp (NYSE: KEY), News Pending
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SunTrust Commences $1 Billion Common Stock Offering and Plans to Repurchase TARP Preferred Stock
Friday, March 18, 2011 - 12:15pm | 145SunTrust Banks, Inc. (NYSE: STI) announced that the Federal Reserve has completed its review and has not objected to SunTrust's capital plan submitted in connection with the Comprehensive Capital Analysis and Review (CCAR). The Company also said it has commenced an approximate $1 billion common...
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Trading Halted: SunTrust Banks
Friday, March 18, 2011 - 12:15pm | 16Trading Halted: SunTrust Banks (NYSE: STI)
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PNC Receives No Objection From Regulators to Raise Common Stock Dividend
Friday, March 18, 2011 - 12:08pm | 137The PNC Financial Services Group, Inc. (NYSE: PNC) announced today that the Board of Governors of the Federal Reserve System accepted its capital plan and did not object to its capital actions, which included recommendations to increase the quarterly common stock dividend in the second quarter of...
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Slew Of Banks Raise Dividends (JPM, USB, WFC, BBT)
Friday, March 18, 2011 - 12:02pm | 338As written about yesterday, a slew of banks just announced they were raising dividends, and we expect to hear more sometime today or early next week. J.P. Morgan (NYSE: JPM), U.S. Bancorp (NYSE: USB), Wells Fargo (NYSE: WFC) and BB&T (NYSE: BBT) all announced dividend raises, with the first...
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Slew Of Banks Raise Dividends (JPM, USB, WFC, BBT)
Friday, March 18, 2011 - 12:01pm | 328As written about yesterday, a slew of banks just announced they were raising dividends, and we expect to hear more sometime today or early next week. J.P. Morgan (NYSE: JPM), U.S. Bancorp (NYSE: USB), Wells Fargo (NYSE: WFC) and BB&T (NYSE: BBT) all announced dividend raises, with the first...
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BB&T First Bank Boosting Dividend (BBT)
Friday, March 18, 2011 - 11:35am | 83BB&T Corp. (NASDAQ: BBT) announced it will be the first bank to increase its dividend, in light of the Federal Reserve letting banks increase dividends after conducting a second round of stress tests. BB&T will increase the dividend by 6.7% to 16 cents per share per quarter, and will...