also own BAC. I'm looking for additional financials to invest in. Some of the stocks I watched the longest are BBT, FNB, FNFG , NWBI, NYCB, PBCT, TRST, USB and VLY. My list has grown to a total of 54 stocks, from large regionals to small S&Ls
By Christopher F. Davis : First Niagara Financial Group (NASDAQ: FNFG ) just made a large restructuring announcement . The regional bank has announced that they will combine all of its consumer-facing
Effective immediately, First Niagara's (NASDAQ: FNFG ) Retail Banking and Consumer Finance groups will be merged into one Consumer Financial Services team to be led by EVP Mark Rendulic
By Sure Dividend : The concept of value investing is very simple; buy assets for less than they are worth. The larger the discrepancy between price and value, the bigger the margin of safety. Intuitively, value investing makes sense. Not only does it make sense, it creates high returns. Numerous ...
Hanesbrands, Inc. , CareFusion Corp. , Express Scripts Inc. , Tempur-Pedic International, Inc. , and First Niagara Financial Group , Inc. , as we believe these securities trade at a discount to our estimate of intrinsic value. We initiated
(Reuters) - First Niagara Financial Group Inc will sell 37 HSBC Holdings Plc locations that it bought last year, along with $2.4 billion in deposits, to KeyCorp for $110 million to clear antitrust...
the stock, but the managers are sticking with it, saying it looks inexpensive based on its assets. First Niagara Financial Group FNFG , another poor performer, still has the managers' support as well. The bank stands to benefit from
gave managers Tom Perkins and Jeff Kautz the chance to add to struggling names such as Ameriprise AMP, First Niagara Financial Group FNFG , and PNC Financial Services PNC. Although the fund is underweight financials relative to the Russell
income to $46.6 million, or $0.47 per share. Elevated expenses related to the upcoming merger with First Niagara Financial Group FNFG weighed heavily on the bottom line, leading to a linked-quarter decline of nearly 15%. At first blush
NewAlliance Bancshares NAL announced Thursday that it has entered into an agreement to merge into First Niagara Financial Group FNFG . Based on Wednesday's closing price, the transaction--a mix of stock and cash--represents about