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Wells Fargo Upgrades El Paso Corp. (EP) to Outperform; Several Catalysts On The Horizon

Tue, 02/16/2010 - 7:35am
Wells Fargo upgrades El Paso Corp. (NYSE: EP) to Outperform. Valuation Range to $13-$15 from $12-$13. Wells analyst says, "Increasing our 2010E EPS from $0.90 to $0.95. Ruby (Tuesday) financing rate is likely to be significantly below what we had been

Wells Fargo Upgrades Quality Systems (QSII) to Outperform; Valuation Call

Tue, 02/16/2010 - 7:24am
Wells Fargo upgrades Quality Systems, Inc. (Nasdaq: QSII) from Market Perform to Outperform. Valuation Range: $66-$68 from $63-$65. Wells analyst says, "The basis for our rating change is 1) a contraction in valuation towards early-2009 levels and 2) our

$1 Billion Mandate Win For Northern Trust

Tue, 02/16/2010 - 7:08am
Extract not available.

SEC deal won't end Bank of America woes

Tue, 02/16/2010 - 6:57am
(By Christina Rexrode, crexrode@charlotteobserver.com) Bank of America shareholders probably won't get rich off any settlement the bank makes with the Securities and Exchange Commission, but they might get some ammunition for future lawsuits. New York

Feb 12, 2010 American Express Announces Winners of Excellence Awards

Tue, 02/16/2010 - 6:48am
American ExpressTravel has announced that 25 agency members of its U.S. Representative Travel Network have earned the prestigious Representative Excellence Award for 2009. The Representative Excellence Award honors the achievements of the Representative

Wells Fargo Ups Quality Systems (QSII) To Outperform

Tue, 02/16/2010 - 6:38am
Analysts at Wells Fargo Securities upgrade Quality Systems (NASDAQ: QSII ) from "market perform" to "outperform." The target price for QSII is set to $18. QSII’s share price fell 0.09% to close at $55.63 on Friday. More Analyst Ratings here

Comerica Banks Appoints Irv Ashford Senior VP of Public Affairs

Tue, 02/16/2010 - 6:28am
It's quite obvious that banking executive Irvin Ashford isn't satisfied with being mediocre or resting on his laurels. His recent promotion to senior vice president of public affairs at Comerica Bank doesn't come as a surprise. Since joining Comerica in

Mostly Regional: Top 25 U.S. Bank Stocks

Tue, 02/16/2010 - 6:21am
Bank Director magazine has published the results of the 2009 Bank Performance Scorecard which ranks the top 150 banks in the U.S. In an article titled the magazine noted: In whats been one of the toughest years in banking, institutions that played it

EU finance ministers not thrilled by US banking plan

Tue, 02/16/2010 - 6:12am
If US President Barack Obamaescape_start39;s plan to ban proprietary trading at some banks were to be applied in the European Union, it could be problematic for the blocescape_start39;s universal banks, an EU document obtained by Reuters said. More on

Northern Trust Wins US$1 Billion Investment Operations Outsourcing Mandate for Independent Franchise Partners

Tue, 02/16/2010 - 5:38am
/PRNewswire/ -- Northern Trust (Nasdaq: NTRS) has been selected to provide investment operations outsourcing services for over US$1 billion in assets for London based investment management start-up, Independent Franchise Partners (IFP). As part of the

Northern Trust Wins US$1 Billion Investment Operations Outsourcing Mandate for Independent Franchise Partners

Tue, 02/16/2010 - 5:34am
Northern Trust (Nasdaq: NTRS) has been selected to provide investment operations outsourcing services for over US$1 billion in assets for London based investment management start-up, Independent Franchise Partners (IFP). As part of the mandate, Northern

JPMorgan, Bank of America Decline in Customer-Service Survey

Tue, 02/16/2010 - 5:17am
Feb. 16 (Bloomberg) -- Bank of America Corp., the largest U.S. bank by assets, ranked last among the nation’s four biggest lenders in an annual survey of customer satisfaction as it adjusts to the acquisition of Merrill Lynch & Co. Bank of America,

EU finance ministers not thrilled by US banking plan

Tue, 02/16/2010 - 4:13am
Extract not available.

Wells Fargo provides $531.485 million Freddie Mac loan for Starrett City; refinancing deal overseen by Wiener of Wells Fargo

Tue, 02/16/2010 - 3:06am
Brooklyn, NY - According to Wells Fargo & Co. and Freddie Mac, the closing of a $531.485 million Freddie Mac Capital Markets Execution loan for Spring Creek Towers, more commonly known as Starrett City has been completed. Built as a Mitchell-Lama rental

Regulators Investigating Complaints Against Bank of America About Loan Modification Fiascos

Tue, 02/16/2010 - 1:53am
Everyone has heard the stories about how poorly banks are fairing when it comes to processing and granting loan modifications. There have been complaints filed against virtually every lender, but Bank of America leads the pack. When loan modification

NYQ:BAC:JPMorgan Bank of America Decline in Customer-Service Survey

Tue, 02/16/2010 - 1:04am
stocks NYQ:BAC, Bank of America Corp. NYQ:BAC Bank of America Corp. » stocks Bank of America Corp. (NYQ:BAC), the largest U.S. bank by assets, ranked last among the nation’s four biggest lenders in an annual survey of customer satisfaction as it

National City assault suspect sought

Tue, 02/16/2010 - 12:29am
NATIONAL CITY - Authorities are asking for the public’s help in locating a man wanted in connection with the attempted murder of another man last week. John Moreno, a parolee, is accused of attacking a man Monday at an apartment complex on 17th Street

Robbers steal ATM from National City deli

Tue, 02/16/2010 - 12:28am
NATIONAL CITY – Robbers made off with a newly stocked ATM from a deli early Wednesday morning, police said. Officers responding to a burglary alarm found the front doors broken into at the Ethnic Deli on Mile of Cars Way near Wilson Avenue shortly

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