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(BBT) Colonial BancGroup Officially Files Bankruptcy
August 26, 2009
Less than two weeks after Federal Deposit Insurance Corporation (FDIC) seized Colonial BancGroup’s (CBCG) banking operations, the holding company filed for Chapter 11 bankruptcy protection yesterday.... Read More
category Regional / Mid/Atlantic Banks , Financial , Bb&t Corporation , and 3 more.
from Stock Blog Hub
Colonial Will Not Hurt BB&T
August 19, 2009
Tuesday BB&T Corp. (BBT) said expected losses in the loan portfolio acquired from Colonial BancGroup (CBCG) of $5 billion will not have a negative impact on its earnings because of its loss-sharing... Read More
category Financial , USA , CBCG , and 4 more.
from DailyMarkets.com
(BBT) Colonial Will Not Hurt BB&T
August 19, 2009
Yesterday, BB&T Corp. (BBT) said expected losses in the loan portfolio acquired from Colonial BancGroup (CBCG) of $5 billion will not have a negative impact on its earnings because of its loss-sharing... Read More
category Regional / Mid/Atlantic Banks , Financial , Bb&t Corporation , and 1 more.
from Stock Blog Hub
Biggest Bank Failure Of 2009
August 17, 2009
Five more banks including Colonial BancGroup Inc. (CNB) were shuttered by U.S. regulators on Friday. This takes the total number of failed federally insured banks in this year to 77, compared to 25 in... Read More
category External Research , Contributor , BBT , and 6 more.
from DailyMarkets.com
Smaller Banks Could Need More TARP Money
August 15, 2009
Troubled assets are still plaguing the U.S. financial system, and a recent report from the Congressional Oversight Panel concluded some smaller banks may need additional $12 billion to $14 billion in... Read More
category CORS , FBC , External Research , and 7 more.
from DailyMarkets.com
(BAC) BofA Sues Colonial
August 14, 2009
Bank of America Corp. (BAC) sued Colonial Bancgroup Inc. (CNB) to protect its claim on certain loans after the troubled company refused to return more than $1 billion it owed to Freddie Mac (FRE). Bank... Read More
category Colonial Bancgroup Inc/ , Freddie Mac , SunTrust Banks Inc/ , and 7 more.
from Stock Blog Hub
Bank Of America Sues Colonial
August 14, 2009
Bank of America Corp. (BAC) sued Colonial Bancgroup Inc. (CNB) to protect its claim on certain loans after the troubled company refused to return more than $1 billion it owed to Freddie Mac (FRE). Bank... Read More
category STI , External Research , Contributor , and 6 more.
from DailyMarkets.com
US Regional Banks Feeling the Pain
March 10, 2009
There’s a big divergence in performance among regional U.S. banks, with some doing much better than others. As a group, though, the regional banks are far from immune to the credit crisis and severe... Read More
category loan losses , (WT) , Industry Research , and 9 more.
from Research Recap
Microcaps in the S&P Midcap 400 Index
November 23, 2008
Standard & Poor’s describes the Midcap 400 Index (pdf) as “the most widely used index for mid-sized companies” ranging in market capitalization from $1 billion to $4.5 billion. S&P must have drafted... Read More
category midcap index , macro
from Micro Caps
Follow Berkshire Hathaway and Invest In The Financial Sector
May 06, 2008
Pop quiz: Over the past six months, one sector of the market has seen more insider buying than any other. Can you name it? If you think it’s technology, you’d be wrong. Healthcare? Nope… the answer is... Read More
category News , smart profits report
from Jutia Group
The Greek's Week Ahead - The Growth Hoax
October 15, 2007
The Greek's Week Ahead has been engineered to prepare you for the events that could impact your portfolio this week. At times like these, when the Fed seeks to stimulate economic growth, the sector... Read More
from Wall Street Greek
Just another Friday night in Florida…
October 08, 2007
There’s nothing like a Friday night for some good SEC filings and this S-4 filed late Friday by Colonial Bancgroup (CNB) took me back to my roots along the charming I-4 corridor in Florida. First: a... Read More
category banks , Friday filings , subprime , and 2 more.
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