Stocks and Finance

Comerica

Comerica 4/24/2012

16:01 : Comerica hikes dividend, boosts share buyback - SAN FRANCISCO (MarketWatch) -- Comerica Inc. said late Tuesday its board raised the quarterly dividend by 50% to 15 cents a share and expanded the stock buyback plan by 6 million shares. The increase in the repurchase program brings the ...
Source : marketwatch-com

Comerica 4/17/2012

09:31 : Comerica ([[CMA]] +3.2%) trades higher after easily beating Q1 estimates. - Comerica (CMA +3.2%) trades higher after easily beating Q1 estimates. Net earnings rose 26% Y/Y, boosted by an 8% jump in loan growth and a sharp decrease in loan-loss provisions. Net-charge offs were at the lowest level since Q307, falling ...
Source : seekingalpha-com
09:07 : Financial Stocks: Comerica, Goldman steer financials higher - Shares of Goldman Sachs Group Inc. shook off pre-open losses Tuesday and turned positive in early trade after it reported first-quarter earnings and a dividend increase.
Source : marketwatch-com
06:14 : Comerica profit rises, credit quality improves - LONDON (MarketWatch) -- Comerica Inc. on Tuesday reported a first-quarter profit of $129 million, or 66 cents a share, up from $103 million, or 57 cents a share, a year earlier. Analysts polled by FactSet Research were looking for the ...
Source : marketwatch-com

Comerica 4/12/2012

14:27 : Forbes Earnings Preview: Comerica - Analysts expect decreased profit for Comerica (CMA) when the company reports its first quarter results on Tuesday, April 17, 2012. Although Comerica reported profit of 57 cents a year ago, the consensus estimate calls for ...
Source : forbes-com

Comerica 3/14/2012

07:18 : Comerica hiking dividend by 50%, sets buyback - NEW YORK (MarketWatch) -- Comerica Inc. said Wednesday it'll buy back up to $375 million in stock and increase its dividend by 50% to 15 cents a share from 10 cents a share. The Dallas-based financial firm said the U.S. Federal Reserve|Federal ...
Source : marketwatch-com

Comerica 2/24/2012

18:35 : Comerica, Southwest targeted in patent suits - Comerica Inc. and Southwest Airlines Co. are among five companies in the rifle sights of a California chip company, which claims in separate lawsuits that the two Dallas giants each infringe on four of its patents. ...
Source : bizjournals-com

Comerica 2/22/2012

11:14 : Comerica ([[CMA]] -3%) trades lower after Stifel Nicolaus cuts the shares - Comerica (CMA -3%) trades lower after Stifel Nicolaus cuts the shares to Sell on valuation, citing the impact of low short-term rates on its margins. Post your comment!
Source : seekingalpha-com

Comerica 12/22/2011

13:22 : Comerica’s Texas index stays flat in October - A Texas economic activity index compiled by Comerica Bank stayed flat in October, according to a news release. The Dallas-based bank said its index level remained at 99 in October. The month’s reading was 16 points, or roughly 19 percent, ...
Source : bizjournals-com

Comerica 12/14/2011

17:34 : Comerica (CMA) says its board has approved plans to continue its existing - Comerica (CMA) says its board has approved plans to continue its existing share repurchase program in the first quarter of 2012. The company expects the program, combined with dividend payments, will result in a payout of up to 50% of ...
Source : seekingalpha-com

Comerica 12/5/2011

14:26 : Comerica: Michigan economy continues slow climb - The Michigan economy continues to slowly improve, thanks largely to better auto sales and increased production at the state's many auto plants, an economist said Monday.
Source : detnews-com

Comerica 10/19/2011

09:46 : Comerica drops 10% on earnings miss - SAN FRANCISCO (MarketWatch) -- Shares of Comerica Inc. fell as much as 10% in early trading after the Dallas-based bank missed quarterly earnings estimates on Wednesday. The company's third-quarter profits jumped 66%, boosted by its acquisition ...
Source : marketwatch-com

Comerica 10/14/2011

14:53 : Forbes Earnings Preview: Comerica - Wall Street is expecting higher profit for Comerica (CMA) when the company reports its third-quarter results on Wednesday, October 19, 2011. The consensus estimate is calling for profit of 51 cents a share, a rise from ...
Source : forbes-com

Comerica 8/29/2011

12:18 : Comerica to lay off 300 in Houston - As expected, Comerica Inc. said it would make its first workforce reduction related to the acquisition of Houston-based Sterling Bancshares Inc. In a letter dated Aug. 16 to the Texas Workforce Commission, the ...
Source : bizjournals-com

Comerica 8/26/2011

00:34 : Comerica to unveil new Michigan headquarters - Comerica Inc. holds a public "ice cream social" today at its new Michigan headquarters at 411 W. Lafayette in downtown Detroit as it relocates more than 600 workers from its 500 Woodward location.
Source : detnews-com

Comerica 7/19/2011

06:43 : Comerica profit rises 38% - LONDON (MarketWatch) -- Comerica Inc. said Tuesday that its second-quarter profit rose 38% to $95 million, or 53 cents a share, from $69 million, 39 cents a share, a year earlier. The group said net interest income dropped 7.3% to $391 ...
Source : marketwatch-com

Comerica 7/18/2011

11:48 : Comerica names Robert Dye chief economist - Robert A. Dye has been named senior vice president and chief economist of Comerica Inc. Dye will report to the Dallas bank's executive vice president and chief financial officer, Elizabeth Acton. He succeeds Dana Johnson, who recently ...
Source : bizjournals-com
08:04 : Robert Dye leaves PNC for Comerica - Robert Dye, who had been senior vice president and senior economist at PNC Financial Services Group Inc., has joined Comerica Inc. as senior vice president and chief economist. Dallas-based Comerica ...
Source : bizjournals-com
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