FNFG will fund the $1.0 billion acquisition cost with a combination of approximately 75% common stock issuance and 25% new debt. This would be FNFG’s fourth major acquisition since 2009, essentially quadrupling its size in three years. …
per share on outstanding FNFG common stock. The Company’s Board of Directors also declared a quarterly preferred …
First Niagara Financial (NASDAQ:FNFG): Shares get downgraded to Hold from Buy at Jefferies. Its price objective, previously $12, is now $9. Kansas City Southern (NYSE:KSU): The stock, which fell 15.17% on Friday, is reduced to …
WASHINGTON (dpa-AFX) - The New York Governor Andrew Cuomo urged the federal government to block the proposed acquisition of First Niagara Financial Group (FNFG ... The proposed acquisition of First Niagara by Key Bank …
2:23 a.m. | Updated Eric Dash has more: The First Niagara Financial Group said Thursday that it had agreed to buy NewAlliance Bancshares of Connecticut for about $1.5 billion in stock and cash in a deal that would expand its …
Cleveland-based KeyCorp and First Niagara Financial Group announced Friday that they have entered into a definitive agreement for KeyCorp to acquire First Niagara in a cash-and-stock transaction valued at about $4.1 billion. First …
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Regional bank First Niagara (FNFG) said Wednesday that it was cutting 170 ... most recently in October. (See "You're fired. Stock rises. Wall Street loves layoffs") I plan to keep writing about this until we see even stronger growth in hiring …
The stock markets in the United States declined primarily ... out whether Sunedison took undue advantage of its position in TerraForm Power. First Niagara Financial Group surged more than 14% to $10.26 per share. The bank holding …