Comerica Inc.

comerica inc. - All News and Analysis

• Comerica to Participate in the U.S. Treasury Department's Capital Purchase Program

  - 2008-10-27

  DALLAS, Oct. 27 /PRNewswire-FirstCall/ -- Comerica Incorporated today announced it has received preliminary approval from the U.S. Treasury Department ("Treasury") to participate in the Treasury's Capital Purchase Program in the amount of $2.25 billion. This participation is expected to raise Comerica's Tier 1 capital ratio from an...

  Tags: Comerica Inc., FINANCE, Treasury, U.S. Department of Treasury

• DigitalBridge Communications Announces Completion of $16.5 Million Capital Raise

  - 2008-10-27

  ASHBURN, Va., Oct. 27 /PRNewswire/ -- DigitalBridge Communications Corp., the largest private provider of WiMAX broadband services in the United States, today announced it has completed raising a total of $16.5 million of senior and subordinated debt along with additional capital from its existing equity investors. These funds provide...

  Tags: bank, Comerica Inc., equity, FINANCE, financial, Investment, TELECOMMUNICATIONS, U.S., Wi-Fi, WiMAX, WIRELESS

• Depression, No; Recession, Yes: Comerica Bank

  - 2008-10-24

  Depression, No; Recession, Yes: Comerica BankRE: Depression, No; Recession, Yes: Comerica BankYes, of course, assuming an Obama loss. But the market, as a 9-month leading indicator isn't signaling a recession, it's signaling something a heck-of-a-lot worse. Let's face it, Obama's tax giveaways to the 95% of those not...

  Tags: Comerica Bank, recession, Comerica Inc., depression, bank

• Depression, No; Recession, Yes: Comerica Bank

  BNET - 2008-10-23

  Government intervention has headed off a major depression, but a U.S. recession is under way, according to Comerica Bank. Automakers are responding the old-fashioned way, by cutting prices, the bank said. by Jim Henry

  Tags: Bank, Depression, Recession, Comerica Inc., Government Intervention, Financial Services, Jim Henry

• Comerica Index: Auto Affordability, Incentives on the Rise

  - 2008-10-21

  Comerica Index: Auto Affordability, Incentives on the RiseRE: Comerica Index: Auto Affordability, Incentives on the RiseCars continue to be affordable but with the continuous increase in gas prices, it would still end up spending a lot of money. But at least, you can own more cars the idea of buying...

  Tags: Sales force management, Comerica Inc., affordability, Auto, incentive

• Zacks Analyst Blog Highlights: Genentech, Inc., KeyCorp, Fifth Third Bancorp., Comerica Inc. and Altera Corp

  - 2008-10-17

  CHICAGO -- Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: Genentech, Inc. (NYSE: DNA), KeyCorp (NYSE: KEY), Fifth Third Bancorp. (Nasdaq:...

  Tags: Altera Corp., blog, Comerica Inc., FINANCE, Genentech Inc., Investment, KeyCorp, MARKETING, Nasdaq Stock Market Inc., New York Stock Exchange, newsletter, stock

• Comerica Incorporated Q3 2008 Earnings Call Transcript

  Seeking Alpha - 2008-10-17

  Question-and-Answer SessionOperator Operator Instructions Your first question comes from David Rochester – FBR. David Rochester – FBR On your NIM guidance, what does another 50 basis point rate cut get you to on top of the one that we just had? Do you have a sense for that? Beth...

  Tags: Bank, Comerica Inc., Call Transcript, Portfolio, Earnings, FBR, Real Estate, Financial Services, Business Operations, Seeking Alpha

• Earnings Preview: Comerica

  Seeking Alpha - 2008-10-16

  Comerica CMA is expected to report Q3 earnings before market open Friday, Oct. 17, with a conference call scheduled for 8:00 am. Guidance Analysts are looking for EPS of 27c on revenue of $666.64M. The consensus range for EPS is (15c) to 56c, while the consensus range for revenue is...

  Tags: Comerica Inc., Earnings, Seeking Alpha, Financial Accounting, Operational Accounting, Finance, theflyonthewall.com, Financial

• Media Rights Capital Announces New Three-Year $350 Million Revolving Credit Facility With JPMorgan Chase and Comerica Bank

  - 2008-09-22

  The financing was completed during the worst week in United States credit markets in more than 75 years LOS ANGELES -- Media Rights Capital, the leading independent film, television and digital studio has finalized a three-year, $350 million revolving credit facility that will position the company for continued growth,...

  Tags: bank, Comerica Inc., financing, J.P. Morgan Chase & Co., TVs

• Nine Months Later: Some Annual Predictions from the Financial Press

  Seeking Alpha - 2008-09-17

  Travis Johnson submits: If you’re not an analyst or asset manager who specializes in the financial sector, and you don’t count on AIG AIG, Lehman Brothers LEH , or their many near competitors for a paycheck, right now might be a good time to take a step back, breathe...

  Tags: Financial, American International Group Inc., US Market, Comerica Inc., Comcast Corp.

• S&P 500 Financials - Best and Worst of the Week

  Seeking Alpha - 2008-09-12

  Hickey and Walters Bespoke submit: While some Financial stocks have been dealing with their fair share of turmoil this week, the sector itself hasn't had that bad of a week.  As shown in the chart below, while the sector has come in some this week, it's still well...

  Tags: US Market, American International Group Inc., BB&T Corp., CB Richard Ellis Group Inc., Comerica Inc., CME Group Inc., Host Hotels & Resorts Inc., IntercontinentalExchange Inc., Lehman Brothers Holdings Inc., Legg Mason Inc., MBIA Inc., Merrill Lynch & Co. Inc., MGIC Investment Corp., Northern Trust Corp., Principal Financial Group, SLM Corp., Wachovia Corp., Wells Fargo & Co., Washington Mutual Inc., Zions Bancorporation

• Negative Sentiment Continues for Financials

  Seeking Alpha - 2008-08-31

  Zacks.com submits: We sat down recently with Zacks senior banking & financial analyst Neena Mishra in order to try to get a sense of when we might be seeing a bottom for financial companies – if indeed we’re not seeing one currently. Understandably, you’ve got several Sell-rated stocks...

  Tags: Financial, Comerica Inc., Wilmington Trust Corp., Zions Bancorporation

• Lehman Brothers Take-over: Implications for Financials

  Seeking Alpha - 2008-08-24

  Benjamin Mackovak submits: I thought it would be interesting to take a look at what a Lehman LEH take-over would imply for the valuation of financials. I ran a screen for financials with market caps above $900m that trade in the US and trade below current book value. I then...

  Tags: Financial, Ambac Financial Group Inc., American Capital Strategies Ltd., AmeriCredit Corp., Allied Capital Corp., Associated Banc-Corp., Bank of America Corp., Citigroup Inc., Comerica Inc., CNA Financial Corp., Colonial BancGroup Inc., Capital One Financial Corp., E*Trade Financial Corp., First American Corp., First Horizon National Corp., Fifth Third Bancorp, Fidelity National Financial Inc., Fannie Mae, Freddie Mac, Genworth Financial Inc., Huntington Bancshares Inc., J.P. Morgan Chase & Co., KeyCorp, Lehman Brothers Holdings Inc., Legg Mason Inc., MBIA Inc., Merrill Lynch & Co. Inc., National City Corp., Old Republic International Corp., Phoenix Companies Inc., Regions Financial Corp., Sovereign Bancorp Inc., SunTrust Banks Inc., Susquehanna Bancshares Inc., Wachovia Corp., Webster Financial Corp., Washington Mutual Inc., Zions Bancorporation

• Five Options Ideas: AIG, Petrohawk, XLP, Comerica, Charles Schwab

  Seeking Alpha - 2008-08-24

  Frederic Ruffy submits: After a rocky start, volume and volatility eased and trading turned relatively uneventful last week. The S&P 500 Index SPX suffered a two-day 2.5 percent slide Monday and Tuesday, but battled back to finish down just 6 points on the week. Meanwhile, the CBOE Volatility Index...

  Tags: Charles Schwab & Co. Inc., Comerica Inc., American International Group Inc., Financial, ETF, Energy, Petrohawk Energy Corp.

• Looking For Action? S&P 1500 Most Volatile Stocks

  Seeking Alpha - 2008-08-20

  Hickey and Walters Bespoke submit: For traders with a more short-term time horizon, we have compiled a list of the S&P 1500 stocks trading above $25 per share that have the largest intraday high-low ranges (based on the average percent spread between the intraday high and low over...

  Tags: US Market, Arch Coal Inc., AK Steel Holding Corp., Bank of America Corp., BB&T Corp., Cleveland-Cliffs Inc., Comerica Inc., Consol Energy Inc., Capital One Financial Corp., City National Corp., Ethan Allen Interiors Inc., Lawson Products Inc., Legg Mason Inc., M.D.C. Holdings Inc., Massey Energy Co., Blue Nile Inc., Piper Jaffray Cos., Prosperity Bancshares Inc., Raymond James Financial Inc., Signature Bank, SunTrust Banks Inc., Superior Well Services Inc., Terra Industries Inc., Under Armour Inc., Wells Fargo & Co., World Acceptance Corp., Olympic Steel Inc., Zions Bancorporation

• Regional Bank Debt Buyers On Strike

  Seeking Alpha - 2008-08-20

  The bond market has become highly allergic to the large regionals’ debt, Bloomberg says. National City NCC bonds have fallen by 17 cents on the dollar since June, and now yield more than 10 percentage points above Treasuries--which means they're now considered "distressed." KeyCorp KEY, Fifth Third FITB and...

  Tags: Financial, Comerica Inc., Fifth Third Bancorp, KeyCorp, National City Corp.

• Large Banks' Net Income History

  Seeking Alpha - 2008-08-01

  Richard Shaw QVM Group submits: With all the talk and concern about falling bank earnings, we thought it might be useful to look back a few years to see year-by-year net income for large banks side-by-side. The chart below presents the 24 banks of the KBW large bank...

  Tags: Citigroup Inc., Comerica Inc., People's United Financial Inc., Northern Trust Corp., J.P. Morgan Chase & Co., KeyCorp, M & T Bank Corp., National City Corp., Zions Bancorporation, Washington Mutual Inc., Wells Fargo & Co., Wachovia Corp., State Street Corp., SunTrust Banks Inc., Regions Financial Corp., Huntington Bancshares Inc., Freddie Mac, Fannie Mae, Fifth Third Bancorp, Capital One Financial Corp., PNC Financial Services Group Inc., BB&T Corp., Bank of America Corp., Financial

• Comerica Inc. Q2 2008 (Qtr End 06/30/08) Earnings Call Transcript

  Seeking Alpha - 2008-07-17

  Question-and-Answer SessionOperator [Operator Instructions]. Your first question comes from David Rochester of Friedman, Billings, Ramsey & Co. David Rochester - Friedman, Billings, Ramsey & Co. Dale, just real quick, could you update us on the size of the watch list; I know you mentioned that growth...

  Tags: Comerica Inc.

• Zacks Bull and Bear of the Day Highlights: Salesforce.com, Comerica, CallWave, Dr. Reddy's and Daimler

  - 2008-05-23

  CHICAGO -- Zacks Equity Research highlights Salesforce.com (NYSE: CRM) as the Bull of the Day and Comerica (NYSE: CMA) as the Bear of the Day. In addition, Zacks Equity Research provides analysis on CallWave (Nasdaq: CALL), Dr. Reddy's Laboratories, Ltd. (NYSE: RDY) and Daimler AG (NYSE: DAI).

  Tags: Comerica Inc., New York Stock Exchange, Salesforce.com Inc.

• Arizona Small Business Association and Comerica Bank Join Forces to Spotlight and Support Successful Second-stage Companies

  - 2008-05-13

  Nominations sought for the '2008 Comerica Bank Arizona Companies to Watch'

  Tags: Comerica Inc.

• Incorporated: 1972
• CEO: Mr. Ralph W. Babb Jr.
• Employees: 10,226