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The deal highlights a trend where regional banks are seeking to bolster their deposit base and extend their reach to become even stronger.
Comerica's Chairman and CEO Ralph Babb Jr.
Comerica (NYSE:CMA) has announced it has entered into an agreement to buy regional bank Sterling Bancshares (NYSE:SBIB) for $1.03 billion in a stock-for-stock deal. The transaction values Sterling shares at $9.99 per share - a 30%
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When Comcast (NASDAQ:CMCSK) reported earnings 17 days ago on May 1st, 2013, analysts, o ...
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A week ago on May 6th, 2013 Liberty Global (NASDAQ:LBTYA) reported earnings and analyst ...
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When Kelly Services (NASDAQ:KELYA) reported earnings a week ago on May 8th, 2013, analy ...
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When Liberty Media (NASDAQ:LINTA) reported earnings a week ago on May 8th, 2013, analys ...
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A week ago on May 8th, 2013 Central Garden and Pet (NASDAQ:CENTA) reported earnings and ...
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When Comcast (NASDAQ:CMCSA) reported earnings 17 days ago on May 1st, 2013, analysts, o ...
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A week ago on May 7th, 2013 Discovery Communications (NASDAQ:DISCA) reported earnings a ...
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11 days ago, on May 7th, 2013, Jazz Pharmaceuticals (NASDAQ:JAZZ) reported its earnings ...
From FNNO.com, this is the Financial News Network. I’m Cleo
Stiller-Farrell and this is your Midweek Market Wrap Up. The British
Bankers’ Association, which has the supervisory role of setting the
influential Libor rates, announced that it would be willing to give up
its...
The Wall Street Journal reports that home prices showed their best year-to-date gains since 2005, up 5.9% through July, signaling the housing market's steady march toward recovery. Also from the Wall Street Journal, IBM (IBM) will increase its efforts to sell so-called cloud computing services...
CEO Marissa Mayer is bringing in some more new blood to Yahoo!, tapping Ken Goldman as the company's new Chief Financial Officer. Goldman's appointment will take effect on October 22nd.
Goldman served as CFO at his most recent employer, Fortinet, having worked at Siebel Systems, Sybase,...
