Tag Archives: Annaly Capital

PacWest Bancorp (NASDAQ:PACW) Acquiring First California in $2 Billion Deal – PACW, USB, TZA, SDS, UVXY, C, NLY, JPM

PacWest Bancorp (NASDAQ:PACW) has decided to obtain First California Financial Group Inc. (FCAL) for $231 million in common stock, an agreement that adds almost $2 billion in assets to the bank holding firm.

PacWest would purchase First California for $8 …

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Morgan Stanley (MS) Working over Cost Reducing Methods

Morgan Stanley (NYSE:MS), eager to enhance profit margins in its retail brokerage wing, is thinking over shutting down brokerage offices, eliminating support staff and wanting few branch managers also to produce sales as advisers under a cost-reduction drive, according to …

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Bank of America (BAC) Delights Traders with Bullish Profit

Bank of America Corp. (NYSE:BAC) reported on Wednesday that its second-quarter profit jumped up as the second largest bank announced double-digital revenue progress and took advantage from a harsh year-ago phase when it took a slap from unpleasant mortgages.

Bank …

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MFA Financial (NYSE:MFA) Cheers on Reporting Quarter Results- MFA, NLY, AGNC, CIM, ARR, TWO, IVR

MFA Financial, Inc. (NYSE:MFA) reported on Friday its financial results for the Q1 ended March 31, 2012.

First quarter net income a common share of $0.23 and Core Earnings (as defined below) per common share of $0.21.  In the Q1 …

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Financials Waver; Bank of America Corp (NYSE:BAC) in Red – JPM, C, NLY, ALL, AGNC, HT, PRU, MET

Bank of America Corp (NYSE:BAC) moving down in the early trades. In the broader market, the Financial Select Sector SPDR ETF (NYSE:XLF), which evaluates the financial stocks in the S&P 500, dropped 0.2%.

Previous night, United Way acknowledged Bank of …

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Plum Creek (NYSE:PCL) Stands Outside of The Estimated Circle- PCL, T, WY, MO, JNJ, VZ, NLY

Plum Creek Timber Co. Inc. (NYSE:PCL), a real estate investment trust (REIT) owning and managing timberlands in the U.S., said its fiscal 2012 Q1 earnings of $29 million or 18 cents a share, evaluated with $38 million or 23 …

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