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Editorial Results (free)
1.
FTN Financial Grows With New Offices, Hires -
Monday, February 11, 2013
First Tennessee Bank’s capital markets subsidiary has been on a tear lately. FTN Financial has grown on several fronts, including with the addition of a public finance department as it expands into the general market municipal bond sector and with the opening of new offices as part of that expansion. The company also has opened additional new offices around the country and added employees in other areas to handle general growth.
2.
FTN Financial Expands Sales Team -
Tuesday, February 05, 2013
FTN Financial, a subsidiary of First Tennessee Bank, has expanded its sales team.
Sylvia Holt Williams has joined FTN from Stifel Nicolaus, where she served as managing director of MBS trading. Williams will work out of the Kansas City, Mo., FTN office.
3.
Morgan Keegan Deal Would Represent New Chapter -
Tuesday, January 10, 2012
If indeed a deal is close at hand for Regions Financial Corp. to sell its Memphis-based investment banking unit to either Raymond James Financial Inc. or Stifel Financial Corp., it would represent a major new chapter in the firm’s 43 years of history in the city.
4.
Key Storylines Emerge in 2011 Banking -
Monday, December 26, 2011
Much of the news that came out of the local banking and financial services sectors in 2011 fell into one of three buckets.
No new fees, please.
Smaller names are doing bigger business.
And, two heads are better than one.
5.
Holiday Shopping Season is Strong -
Thursday, December 22, 2011
NEW YORK (AP) – The holiday shopping season is wrapping up to be bigger than anyone expected. Now, retailers are holding their breath and hoping consumers will keep spending in the final days before Christmas.
6.
Uncertainty Still Surrounds Morgan Keegan’s Future -
Friday, December 02, 2011
As soon as Stifel Financial Corp. CEO Ron Kruszewski finished his presentation Wednesday, Nov. 30, at Keefe, Bruyette & Woods’ 2011 Securities Brokerage and Market Structure Conference and opened the floor to questions, the first one concerned Morgan Keegan & Co. Inc., the Memphis-based investment bank Stifel is rumored to be thinking about buying.
7.
Regions CFO: Progress ‘On Schedule’ -
Wednesday, November 16, 2011
Regions Financial Corp.’s five-month-old process of selling Memphis-based investment banking company Morgan Keegan & Co. Inc. continues to drag on.
8.
Morgan Keegan Has Another Potential Buyer -
Monday, August 15, 2011
Financial broker MF Global is another name that’s emerged as a potential buyer for Morgan Keegan & Co. Inc., sources have told The Financial Times.
9.
Retailers Report Solid Sales Gains for July -
Friday, August 05, 2011
NEW YORK (AP) – Many retailers posted solid sales during the kickoff to the back-to-school season as discounts and high temperatures in July drove shoppers to air-conditioned malls. But merchants worry that momentum won't continue through the remainder of the second-biggest shopping period of the year as the weather gets cold and the deals dry up.
10.
Morgan Keegan Details Could Come Soon -
Wednesday, July 27, 2011
Regions Financial Corp. CEO Grayson Hall said during Regions’ second quarter earnings conference call Tuesday, July 26, that details would be forthcoming soon about the Memphis-based investment banking franchise Regions put on the auction block in June.
11.
Morgan Keegan Bid Deadline Arrives -
Tuesday, July 26, 2011
Monday, July 25, was reportedly a deadline for Regions Financial Corp. to get initial bids for the Memphis-based investment bank Regions put on the auction block in June.
12.
Bids for Morgan Keegan Coming Monday -
Monday, July 25, 2011
Regions Financial Corp. will reportedly get initial bids on Monday, July 25, from several major firms for the Memphis-based investment banking and capital markets business that Regions put on the auction block in June.
13.
Higher Card Use, Better Payments Lift Discover Q2 -
Friday, June 24, 2011
NEW YORK (AP) – Discover Financial Services on Thursday said its profit more than tripled in its fiscal second quarter as it added new customers, while existing customers used their cards more and got better about making payments on time.
14.
Morgan Keegan Settles Fraud Claim, Sale Possible -
Thursday, June 23, 2011
Regulators have announced a roughly $200 million settlement with Morgan Keegan & Co. Inc. in a fraud case several agencies brought against the firm last year.
15.
Morgan Keegan Settles Fraud Claim, Sale Possible -
Wednesday, June 22, 2011
Regulators have announced a roughly $200 million settlement with Morgan Keegan & Co. Inc. in a fraud case several agencies brought against the firm last year.
16.
Walgreen Selling Pharmacy Benefits Ops for $525M -
Thursday, March 10, 2011
NEW YORK (AP) – Walgreen Co. said Wednesday it is leaving the pharmacy benefits management business, selling that operation to Catalyst Health Solutions Inc. for $525 million in cash and freeing it to focus on its drugstore network, the largest in the United States.
17.
American Airlines Parent AMR Posts Q2 Loss -
Thursday, July 16, 2009
DALLAS (AP) - American Airlines parent AMR Corp. lost more money in the second quarter as fewer people got on its planes and those who did paid lower fares than a year ago.
18.
Home Depot Raises Full-Year Earnings Guidance -
Thursday, June 11, 2009
CHICAGO (AP) - Home Depot Inc. reported Wednesday that its full-year earnings from continuing operations may come in better than previously forecast, thanks to a one-two combination of an improving housing market and strong sales in May.
19.
YRC Reported to Ask for $1 Billion in Bailout Cash -
Monday, May 18, 2009
NEW YORK (AP) - The nation's largest publicly traded trucking company will ask for $1 billion in aid from the federal bailout fund, as creditors come knocking and business continues to sink, media reports said Friday.
20.
AT&T to Cut 12,000 Jobs, 4 Percent of Staff -
Friday, December 05, 2008
NEW YORK (AP) - AT&T Inc. joined the recession's parade of layoffs Thursday by announcing plans to cut 12,000 jobs, about 4 percent of its work force.
21.
Sector Snap: Regional Banks -
Tuesday, November 25, 2008
CHARLOTTE, N.C. (AP) - Shares of regional banks rose Monday as investors focused on the government's plan to bail out Citigroup Inc.
22.
Home Depot Q3 Profit Falls 31 Percent -
Wednesday, November 19, 2008
CHICAGO (AP) - The Home Depot Inc., the nation's largest home improvement chain, said Tuesday that its third-quarter profit sank by nearly a third as shoppers scaled back on everything from custom kitchens to lumber and flooring.
23.
Arch Coal's Profits Up; Company Lowers Forecast -
Tuesday, October 28, 2008
ST. LOUIS (AP) - Coal-producing Arch Coal Inc. said Monday its third-quarter earnings more than tripled, beating Wall Street's expectations. But the miner lowered its earnings outlook for the year, citing near-term softening of coal demand.
24.
First Horizon National Shares Tumble After Analysts Downgrade Estimates -
Tuesday, January 22, 2008
NEW YORK (AP) - Shares of First Horizon National Corp. slid Friday after several analysts cut their estimates and price target on the stock, noting that continued pressure on earnings is likely over the next few quarters.
25.
Some Banks may be Poised to Gain Mortgage Business Amid Housing Industry's Troubles -
Friday, August 24, 2007
WASHINGTON (AP) - Where other lending executives see misfortune, Ronald Hermance sees a chance to grab business from the competition.
Hermance's bank, Hudson City Bancorp Inc., a regional savings and loan in Paramus, N.J., with $50 billion in assets, is handling a 25 percent increase in mortgage applications this year, even as investors stay away from nearly all types of home loans.
26.
Infusion by Bank of America Buys Time, Stability for Countrywide -
Friday, August 24, 2007
LOS ANGELES (AP) - The infusion of $2 billion from Bank of America Corp. should help shore up sagging Countrywide Financial Corp. as it tries to outlast the credit crunch squeezing Wall Street and the mortgage industry, analysts said Thursday.