Sector to Watch: Regional Banks
Bloomberg
Apr. 29, 2008. 12:38 PM EST
M&T Bank and BB&T Corp. Posting Double Digit Percentage Increases on Selling Visa-Stakes and Stro... More »
M&T Bank and BB&T Corp. Posting Double Digit Percentage Increases on Selling Visa-Stakes and Strong 1Q Profits; National City, First Horizon Scrapped Cash Dividends to Perserve Capital, Selling 600 Million Shares with an Optional Additional 9 Million Shares; National City Cutting Dividends from $0.21 to $0.01; Huntington Cuts Cash Payout in Half; Sandler O'Neill Analyst Says Subprime is a Hot Issue But Regional Banks Have Fewer Subprime Loans; Woes Come from Investment Losses, Home Equity Loans, and Construction Loans « Less
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