- Comerica reported first-quarter earnings per share of 66 cents.
- Analysts were expecting EPS of 55 cents.
- Average commercial loans grow by $1.2 billion, or 5%, sequentially.
|Comerica CEO Ralph W. Babb Jr.|
Eatery chain Bravo Brio Restaurants may be faced with a director-election proxy battle as soon as Friday if it doesn't accept director candidates offered up by a disgruntled investor.
The central bank exempted mid-sized companies from the "qualitative" part of stress tests that determine whether the companies can pay dividends and buy back stock in the coming year.
These companies show signs of a change of direction.