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Strategies & Market Trends : Speculating in Takeover Targets
ULBI 6.950-1.1%Nov 3 9:30 AM EST

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To: richardred who wrote (2647)8/27/2012 1:06:19 PM
From: richardred1 Recommendation  Read Replies (4) of 7239
 
I'm currently looking at the small regional banking sector. Bank stocks, are a sector I've shied away from only until recently. Today's banking acquisition has renewed my interest. RE: M&T Bank Corp. will acquire New Jersey-based Hudson City Bancorp (NYSE: MTB) in a deal valued at around $3.7 billion. IMO-Banks will someday day be raising interest rates at a faster pace than paying it out to depositors. In the mean time, the fees they charge on services & loans will keep them up to snuff. A improving housing sector helps. RE: Show by many improving non performing loans statics I've seen on some balance sheets.

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