|Day Low/High||65.24 / 67.41|
|52 Wk Low/High||58.54 / 88.96|
The U.S. units of Deutsche Bank and Banco Santander continue to have problems, while Morgan Stanley must resubmit its capital distribution plan by the end of December or fail.
Executives could accelerate decisions to go ahead and sell their banks.
Here are Wednesday's top research calls, including downgrades for Comerica, Coach and Harman, and an upgrade for Oracle.
Trade-Ideas LLC identified Comerica (CMA) as a "dead cat bounce" (down big yesterday but up big today) candidate
Comerica, the Dallas-based lender, was already grappling with angry shareholders and soured energy loans. Following Brexit, it's even less likely to get a much-needed boost from higher U.S. interest rates.
Small and mid-sized banks like Pinnacle and Renasant may offer gains to investors amid the stock market turmoil following Britain's decision to leave the European Union.
Comerica, in the midst of a three-month strategic review by Boston Consulting Group, appears to have ruled out the one move investors really wanted -- a sale of the bank.
Hudson Executive's James Woolery said at The Deal's Corporate Governance 2016 conference that his firm has received 16 inbound opportunities from publicly traded firms seeking its investment.
Trade-Ideas LLC identified Comerica (CMA) as a weak on high relative volume candidate
The central bank in June will release results of its annual evaluation of the largest financial institutions. Most regional banks will do well, with some allowed to expand shareholder distributions.
Bank stocks could rally as the market prepares for a possible June interest-rate hike and oil prices improve. Here are the five best-performing bank stocks this year.
Shares of Comerica (CMA) are higher Friday afternoon as Deutsche Bank boosted its price target on the stock and reiterated its 'hold' rating.
Here are Thursday's top research calls, including upgrades for Ford and Boston Beer, and downgrades for Hilton and Lockheed Martin.
I am keeping my eye on the bank specialists and activists as 13F filings start rolling in.
Here are Friday's top research calls, including upgrades for Advance Auto Parts, Comerica and General Motors, and a downgrade for Michaels.
As Dallas-based Comerica considers options including cost cuts, new business lines, asset divestitures or a sale of the entire bank, Rafferty analyst Dick Bove says he's found the perfect suitor.
TheStreet Quant Ratings provides fair and objective information to help you make educated investing decisions. We rate over 4,300 stocks daily and provide 5-page PDF reports for each stock. These ratings can change daily and today's changes are reflected in the email below. If you are looking to check-up on the stocks you currently own or are looking for new ideas, you can find our full database of password-protected ratings reports in our proprietary ratings screener: http://www.thestreet.com/k/qr/flat/stock-screener.html Upgrades: ACSF, BLMN, BSBR, CBPX, CCRN, CMA, CNCO, DGII, DVA, GNE, LTXB, NRCIB, NRZ, PRU, SE, SRI, SXL, TCP, VOYA, WGP, XOXO Downgrades: AGU, BKS, CEB, FLTX, HRTG, HSII, LUK, MSCC, PKOH, PZZA, TGI Initiations: CPPL, GDDY, KRNT Read on to get TheStreet Quant Ratings' detailed report:
CLSA analyst Mike Mayo has mounted a public campaign urging Comerica to pursue strategies from a board shakeup to management changes or a sale of the entire bank.
Investors including an activist are pressing CIT Group to sell off assets and use the proceeds to buy back shares in a move that would reduce its regulatory burden
Comerica Chief Executive Officer Ralph Babb told irate shareholders last week that the bank might see relief from stiff regulations. A top financial lobbyist says such efforts have stalled.
The Federal Reserve has been on a roll approving regional bank acquisitions with more to come, even as the Department of Justice is cracking down on mergers.
Comerica (CMA) stock is increasing in late-afternoon trading on Tuesday after CEO Ralph Babb said he would consider selling the bank.
Comerica's CEO and board got an earful from some of its largest shareholders, who traveled to Dallas for the bank's annual meeting to express their discontent.
Comerica hasn't had a new board member for eight years -- drawing criticism from CLSA analyst Mike Mayo amid growing investor concern that America's corporate boards are becoming stale.
Doug Kass shares his thoughts on ag commodities, the half-full market and the passing of Prince.
Comerica (CMA) stock is higher in mid-afternoon trading Friday as its shareholders reportedly pressure the company to sell itself.
Comerica, saddled with losses to the beleaguered oil industry, has commissioned a strategy review after a month of badgering by CLSA analyst Mike Mayo. It's not enough, Mayo says.
Here are Thursday's top research calls, including upgrades for Harley-Davidson and Philip Morris, a downgrade for ConocoPhillips, and one of each for Cummins.
Trade-Ideas LLC identified Comerica (CMA) as a "storm the castle" (crossing above the 200-day simple moving average on higher than normal relative volume) candidate
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