Posts for Ticker ‘BXS’

Regional Banks Refusing TARP Funds (BXS, CFR, FCF, HCBK, PRSP, WFD)

Money_stack_pic_2Bailouts, handouts, subsidies, and free money be damned.  In times when most large financial institutions are lining up for their share of TARP funds, there are many regional banks out there which have decided to refuse the government’s bailout TARP funds.  These banks say the are solid, and many of their share prices have held up much better than many of the troubled banks which are taking TARP monies.  Some of these regional banks are BancorpSouth, Inc. (NYSE: BXS), Cullen/Frost Bankers, Inc. (NYSE: CFR), First Commonwealth Financial Corporation (NYSE: FCF), Hudson City Bancorp, Inc. (Nasdaq: HCBK), Prosperity Bancshares, Inc. (Nasdaq: PRSP), and Westfield Financial, Inc. (NASDAQ: WFD).  These are the more actively traded stocks and what gets interesting is the explanation for refusing to accept TARP funds and the ratios of some of these banking institutions.

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Posted on: November 28, 2008 – 8:47 am in Banking, Financial Stocks, Regulation, , , , , ,

While You Were On Holiday…Here’s What You Missed

Last week was a light volume trading week, but the markets were open and they didn’t wait for the holiday crowd to come back.   Here is a snippet of some of the major moves of the last week:

Could Boston Scientific(NYSE:BSX) and J&J (NYSE:JNJ) get back on the coated stent  favor?
Media Digest from September 3….
August 30: Upgrades and Downgrades.
August 29: Moody’s actually defended Wall Street bulge bracket firms over leveraged debt exposure.
August 28: Full Upgrades and Downgrades.
Full Pre-Market Notes
August 27: Full Upgrades & Downgrades.
Full Pre-Market Notes
If Seagate Won’t Sell, Why Not Buy Western Digital? (STX, WDC, KOMG)
Crocs ((NASDAQ:CROX) Intro’s New Clothing Line.…and stock hit new highs.
Dell (NASDAQ:DELL) Makes It Thru Earnings……How Much Stock Will It Buy Back Once It Resumes Buying Stock?
American Water Works (NYSE:AWK)…. Back as a US IPO.
El Paso (NYSE:EP) files for an IPO for one of its MLP’s.
Ariad (NASDAQ:ARIA) gets a Business Week bump.
Bush decides mortgages may get a bailout, although even after a rally not much was determined.
Yahoo! (NASDAQ:YHOO) may hit into social networking more.  They need to, because Yahoo! Finance is showing some real drop off in its numbers.
52 WEEK LOWS: August 30….. August 29….. August 28…..
August 27…..
NASDAQ Short Interest came out (AUGUST 2007)

Jon C. Ogg
September 4, 2007

Posted on: September 4, 2007 – 6:53 am in Uncategorized, , , , , , , , , ,