to banks across the board and to be disproportionately favorable to banks with strong, moaty funding, such as Cullen/Frost CFR , BNY Mellon BK, Northern Trust NTRS, and State Street STT, and banks with highly liquid balance sheets, like JPMorgan Chase
NEW YORK/SANTIAGO (Reuters) - A former board member of Chile's CFR Pharmaceuticals SA was charged on Monday by U.S. regulators with insider trading on information regarding Abbott Laboratories' $2.9...
NEW YORK/SANTIAGO, Dec 22 (Reuters) - A former board member of Chile's CFR Pharmaceuticals SA was charged Monday by U.S. regulators with insider trading on information regarding Abbott Laboratories' $2.9 billion acquisition of CFR earlier this year.
Fitch) Fitch Ratings has affirmed and withdrawn the long-term Issuer Default Ratings at 'A' for Cullen / Frost Bankers , Inc. ( CFR ), and its subsidiary Frost Bank. In addition, Fitch has affirmed and withdrawn the ratings for Cullen
below $70 per metric ton, we don't think that tonnage from either the NAMISA or Casa de Pedra mines remains competitive on a CFR China basis. Absent a rebound in prices, we think CSN will remove itself from the seaborne iron ore trade. If so, the value
Cullen/Frost closed its acquisition of WNB Bancshares in the second quarter and achieved better-than-expected cost synergies at the outset of its combined operations. The deal immediately improved the bank's efficiency ratio despite $5 million of one-time acquisition expenses, which we expect to ...
Conceição Itabiritos plant in the Southeastern system. Iron ore unit cash costs and freight costs (which are applied only to CFR sales) held fairly steady compared with the first quarter at around $23/metric ton each, reaffirming our conviction that
of 1940 and regulated under rule 2a-7 of the Act. SEC Fact Sheet, July 23, 2014. Source: Internal Revenue Service, 26 CFR Part1, [REG-107012-14], RIN 1545-BMO4 as of 23 Jul 14. Liquidity Fees —If an MMF’s level of weekly liquid assets
needle on our valuation. However, we do plan to modestly bump up our fair value estimate after incorporating the acquisitions of CFR and Veropharm, along with the divestment of Abbott's established pharmaceuticals in the developed markets to Mylan. Importantly
employed in steel production. For iron ore, we anticipate that iron ore spot prices will average $95 per short ton (62% fines, CFR China) over our five-year explicit forecast period. We expect metallurgical coal prices to average $150 per short ton and