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	<title>Stock Blog Hub &#187; PBCT</title>
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		<title>(BBT) Standard &amp; Poor&#8217;s Revises Regional Bank Ratings</title>
		<link>http://www.stockbloghub.com/2011/12/07/bbt-standard-poors-revises-regional-bank-ratings/88196</link>
		<comments>http://www.stockbloghub.com/2011/12/07/bbt-standard-poors-revises-regional-bank-ratings/88196#comments</comments>
		<pubDate>Wed, 07 Dec 2011 21:57:06 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Regional - Mid-Atlantic Banks]]></category>
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		<category><![CDATA[CBSH]]></category>
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		<category><![CDATA[Commerce Bancshares Inc.]]></category>
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		<category><![CDATA[Huntington Bancshares Inc]]></category>
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		<category><![CDATA[Northern Trust Corporation]]></category>
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		<category><![CDATA[PBCT]]></category>
		<category><![CDATA[Peoples United Financial Inc]]></category>
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		<category><![CDATA[PNC Financial Services Group Inc]]></category>
		<category><![CDATA[Regions Financial Corporation]]></category>
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		<guid isPermaLink="false">http://www.stockbloghub.com/?p=88196</guid>
		<description><![CDATA[In yet another round of credit ratings revision, Standard &#38; Poor&#8217;s (S&#38;P) announced changes in credit ratings for 31 regional banks. The list includes 28 publicly traded parent company banks, a non-public entity Bank of North Dakota and a couple of North American units of European banks. Some of the banks whose ratings were lowered by S&#38;P included– BB&#38;T Corporation (BBT), Commerce Bancshares Inc. (CBSH), PNC Financial Services Group (PNC), U.S.Bancorp. (USB) and Northern Trust Corporation (NTRS). Ratings for these banks were downgraded by one notch. However, S&#38;P did not change the ratings of some banks including –First Horizon National Corporation (FHN), First Niagara Financial Group Inc. (FNFG), Huntington Bancshares Inc. (HBAN), KeyCorp (KEY), M&#38;T Bank Corp. (MTB), People&#8217;s United Financial Inc. (PBCT), Regions Financial Corp. (RF), SunTrust Banks Inc. ]]></description>
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		</item>
		<item>
		<title>(PBCT) People&#8217;s United Financial Earnings Beats Estimates</title>
		<link>http://www.stockbloghub.com/2011/10/24/pbct-peoples-united-financial-earnings-beats-estimates/85640</link>
		<comments>http://www.stockbloghub.com/2011/10/24/pbct-peoples-united-financial-earnings-beats-estimates/85640#comments</comments>
		<pubDate>Mon, 24 Oct 2011 14:20:48 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Savings & Loans]]></category>
		<category><![CDATA[Danvers Bancorp Inc]]></category>
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		<category><![CDATA[Hudson City Bancorp Inc]]></category>
		<category><![CDATA[ING RISK MANAGED NAT]]></category>
		<category><![CDATA[IRR]]></category>
		<category><![CDATA[PBCT]]></category>
		<category><![CDATA[Peoples United Financial Inc]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=85640</guid>
		<description><![CDATA[Regional bank People&#8217;s United Financial Inc. (PBCT) announced its third-quarter 2011 operating earnings per share of 19 cents, outpacing the Zacks Consensus Estimate by 2 cents. Moreover, earnings compared favorably with 17 cents per share in the prior quarter and 8 cents per share in the prior-year quarter. The modest improvement in results was attributed to lower nonperforming assets and loans, higher net interest income and enhanced revenue, partly offset by higher non-interest expenses. Operating income reported was $67.3 million compared with $57.3 million in the prior quarter and $27.7 million in the prior-year quarter. Including after-tax merger-related expenses and severance-related costs of $14.4 million, net income came in at $52.9 million or 15 cents per share in the third quarter of 2011. People&#8217;s United completed its acquisition of Danvers ]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(AAPL) A Busy Week Ahead &#8211; Earnings Preview</title>
		<link>http://www.stockbloghub.com/2011/10/17/aapl-a-busy-week-ahead-earnings-preview/85152</link>
		<comments>http://www.stockbloghub.com/2011/10/17/aapl-a-busy-week-ahead-earnings-preview/85152#comments</comments>
		<pubDate>Mon, 17 Oct 2011 15:31:27 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
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		<guid isPermaLink="false">http://www.stockbloghub.com/?p=85152</guid>
		<description><![CDATA[Earnings Preview 10/14/11 While the earnings season kicked off this past week, only 38 firms reported. The game really gets under way next week, when we will get reports from 336 firms, including 99 members of the S&#38;P 500. Thus, by the end of the week we will have a very good idea of how the overall season will go. Not only will there be a lot of reports, but many of those we get will be very important ones. The table at the end of this report reads like a who’s who of American industry, including: Apple (AAPL), American Express (AXP), Bank of America (BAC), Citigroup (C), General Electric (GE), Goldman Sachs (GS), IBM (IBM), Intel (INTC) and McDonald’s (MCD). And that&#8217;s just the first half of the alphabet! ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/10/17/aapl-a-busy-week-ahead-earnings-preview/85152/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(AAPL) 2011 Second Quarter Earnings Preview &#8211; Detailed</title>
		<link>http://www.stockbloghub.com/2011/07/18/aapl-2011-second-quarter-earnings-preview-detailed/79251</link>
		<comments>http://www.stockbloghub.com/2011/07/18/aapl-2011-second-quarter-earnings-preview-detailed/79251#comments</comments>
		<pubDate>Mon, 18 Jul 2011 21:09:50 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Personal Computers]]></category>
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		<category><![CDATA[Chicago Bridge & Iron Company N.V.]]></category>
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		<category><![CDATA[Taubman Centers Inc.]]></category>
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		<category><![CDATA[TD AMERITRADE Holding Corporation]]></category>
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		<category><![CDATA[Terex Corporation]]></category>
		<category><![CDATA[TESS]]></category>
		<category><![CDATA[TESSCO Technologies Inc.]]></category>
		<category><![CDATA[TEX]]></category>
		<category><![CDATA[Texas Capital BancShares Inc.]]></category>
		<category><![CDATA[Textron Inc.]]></category>
		<category><![CDATA[The Bancorp Inc]]></category>
		<category><![CDATA[The Bank of New York Mellon Corporation]]></category>
		<category><![CDATA[The Blackstone Group]]></category>
		<category><![CDATA[The Cheesecake Factory Incorporated]]></category>
		<category><![CDATA[The Chubb Corporation]]></category>
		<category><![CDATA[The Coca-Cola Company]]></category>
		<category><![CDATA[The New York Times Company]]></category>
		<category><![CDATA[The Travelers Companies Inc.]]></category>
		<category><![CDATA[Thomas & Betts Corporation]]></category>
		<category><![CDATA[TIN]]></category>
		<category><![CDATA[TNB]]></category>
		<category><![CDATA[Tractor Supply Company]]></category>
		<category><![CDATA[TRIB]]></category>
		<category><![CDATA[Trinity Biotech plc]]></category>
		<category><![CDATA[TRV]]></category>
		<category><![CDATA[TSCO]]></category>
		<category><![CDATA[TXT]]></category>
		<category><![CDATA[Tyco Electronics Limited]]></category>
		<category><![CDATA[UAL]]></category>
		<category><![CDATA[UBNK]]></category>
		<category><![CDATA[Ultratech Inc.]]></category>
		<category><![CDATA[UMPQ]]></category>
		<category><![CDATA[Umpqua Holdings Corporation]]></category>
		<category><![CDATA[UNH]]></category>
		<category><![CDATA[Union Pacific Corporation]]></category>
		<category><![CDATA[United Continental Holdings]]></category>
		<category><![CDATA[United Financial Bancorp]]></category>
		<category><![CDATA[United Rentals Inc]]></category>
		<category><![CDATA[United Technologies Corporation]]></category>
		<category><![CDATA[Unitedhealth Group Inc.]]></category>
		<category><![CDATA[UNP]]></category>
		<category><![CDATA[URI]]></category>
		<category><![CDATA[US Airways Group Inc.]]></category>
		<category><![CDATA[Us Bancorp]]></category>
		<category><![CDATA[USB]]></category>
		<category><![CDATA[UTEK]]></category>
		<category><![CDATA[UTX]]></category>
		<category><![CDATA[VCBI]]></category>
		<category><![CDATA[Verizon Communications Inc.]]></category>
		<category><![CDATA[VF Corporation]]></category>
		<category><![CDATA[VFC]]></category>
		<category><![CDATA[Virginia Commerce Bancorp Inc]]></category>
		<category><![CDATA[Vitran Corp Inc]]></category>
		<category><![CDATA[VIVO]]></category>
		<category><![CDATA[VMW]]></category>
		<category><![CDATA[VMware Inc.]]></category>
		<category><![CDATA[VTNC]]></category>
		<category><![CDATA[VZ]]></category>
		<category><![CDATA[W.W. Grainger Inc]]></category>
		<category><![CDATA[WABC]]></category>
		<category><![CDATA[WAL]]></category>
		<category><![CDATA[Waste Connections Inc.]]></category>
		<category><![CDATA[Watsco Inc.]]></category>
		<category><![CDATA[WCC]]></category>
		<category><![CDATA[WCN]]></category>
		<category><![CDATA[WDC]]></category>
		<category><![CDATA[Wells Fargo & Company]]></category>
		<category><![CDATA[WERN]]></category>
		<category><![CDATA[Werner Enterprises Inc.]]></category>
		<category><![CDATA[WESCO International Inc.]]></category>
		<category><![CDATA[Westamerica BanCorporation]]></category>
		<category><![CDATA[Westell Technologies Inc]]></category>
		<category><![CDATA[Western Alliance Bancorporation]]></category>
		<category><![CDATA[Western Digital Corporation]]></category>
		<category><![CDATA[Westwood Holdings Group Inc]]></category>
		<category><![CDATA[WFC]]></category>
		<category><![CDATA[WHG]]></category>
		<category><![CDATA[Whirlpool Corporation]]></category>
		<category><![CDATA[WHR]]></category>
		<category><![CDATA[Wipro Limited]]></category>
		<category><![CDATA[WIT]]></category>
		<category><![CDATA[WNI]]></category>
		<category><![CDATA[WNS]]></category>
		<category><![CDATA[WNS (Holdings) Limited]]></category>
		<category><![CDATA[WSO]]></category>
		<category><![CDATA[WSTL]]></category>
		<category><![CDATA[WYNN]]></category>
		<category><![CDATA[Wynn Resorts Limited]]></category>
		<category><![CDATA[Xerox Corporation]]></category>
		<category><![CDATA[Xilinx Inc.]]></category>
		<category><![CDATA[XLNX]]></category>
		<category><![CDATA[XRX]]></category>
		<category><![CDATA[XXIA]]></category>
		<category><![CDATA[Yahoo! Inc.]]></category>
		<category><![CDATA[YHOO]]></category>
		<category><![CDATA[ZION]]></category>
		<category><![CDATA[Zions BanCorporation]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=79251</guid>
		<description><![CDATA[Earnings Preview 7/15/11 Second quarter earnings season is now under way, but things really start to move into high gear next week. There will be 348 firms reporting, and 108 of those are in the S&#38;P 500. By next Friday we should have a very good handle on how the overall earnings season will go. The firms reporting this week are sort of like a who&#8217;s who of U.S. industry including: Apple (AAPL), American Express (AXP), Bank of America (BAC), Caterpillar (CAT), General Electric (GE), International Business Machines (IBM), Intel (INTC), McDonald&#8217;s (MCD), Schlumberger (SLB) and Verizon (VZ). That is an interesting cross section of U.S. business. We have a relatively light economic data calendar, so earnings should be front and center, along with the sovereign debt situations on both ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/07/18/aapl-2011-second-quarter-earnings-preview-detailed/79251/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(PBCT) People&#8217;s United Financial Completes Danvers Bancorp Acquisition</title>
		<link>http://www.stockbloghub.com/2011/07/05/pbct-peoples-united-financial-completes-danvers-bancorp-acquisition/78297</link>
		<comments>http://www.stockbloghub.com/2011/07/05/pbct-peoples-united-financial-completes-danvers-bancorp-acquisition/78297#comments</comments>
		<pubDate>Tue, 05 Jul 2011 13:52:36 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Savings & Loans]]></category>
		<category><![CDATA[Danvers Bancorp Inc]]></category>
		<category><![CDATA[DNBK]]></category>
		<category><![CDATA[HCBK]]></category>
		<category><![CDATA[Hudson City Bancorp Inc]]></category>
		<category><![CDATA[ING RISK MANAGED NAT]]></category>
		<category><![CDATA[IRR]]></category>
		<category><![CDATA[New York Community Bancorp Inc]]></category>
		<category><![CDATA[NYB]]></category>
		<category><![CDATA[PBCT]]></category>
		<category><![CDATA[Peoples United Financial Inc]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=78297</guid>
		<description><![CDATA[On Friday, People&#8217;s United Financial Inc. (PBCT) completed the acquisition of Massachusetts-based Danvers Bancorp Inc. (DNBK). The company paid 18.5 million shares of common stock and $214.5 million in cash for the acquisition. The acquisition was completed following the approval of the proposed deal from the Office of the Massachusetts&#8217; Commissioner of Banks and the Massachusetts Board of Bank Incorporation on June 27, 2011. Further, the deal was approved by Danvers Bancorp shareholders and the Office of Thrift Supervision in May. In January 2011, PBCT announced the acquisition in a 55% stock and 45% cash transaction valued at $493 million. Based on final election results and with the application of proration provisions, which were mentioned in the agreement, Danvers shareholders received the consideration. Danvers shareholders, who made a valid stock ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/07/05/pbct-peoples-united-financial-completes-danvers-bancorp-acquisition/78297/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(PBCT) People&#8217;s United Financial and Danvers Bancorp Deal Approved</title>
		<link>http://www.stockbloghub.com/2011/06/30/pbct-peoples-united-financial-and-danvers-bancorp-deal-approved/77972</link>
		<comments>http://www.stockbloghub.com/2011/06/30/pbct-peoples-united-financial-and-danvers-bancorp-deal-approved/77972#comments</comments>
		<pubDate>Thu, 30 Jun 2011 14:18:44 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Savings & Loans]]></category>
		<category><![CDATA[Danvers Bancorp Inc]]></category>
		<category><![CDATA[DNBK]]></category>
		<category><![CDATA[HCBK]]></category>
		<category><![CDATA[Hudson City Bancorp Inc]]></category>
		<category><![CDATA[ING RISK MANAGED NAT]]></category>
		<category><![CDATA[IRR]]></category>
		<category><![CDATA[New York Community Bancorp Inc]]></category>
		<category><![CDATA[NYB]]></category>
		<category><![CDATA[PBCT]]></category>
		<category><![CDATA[Peoples United Financial Inc]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=77972</guid>
		<description><![CDATA[People&#8217;s United Financial Inc. (PBCT) and Danvers Bancorp Inc. (DNBK) got the approval for their proposed merger from the Office of the Massachusetts Commissioner of Banks and the Massachusetts Board of Bank Incorporation on June 27, 2011. In May, the deal was also approved by Danvers Bancorp shareholders and the Office of Thrift Supervision. The merger is expected to close on June 30, 2011. The approvals from the state were received after five months of the announcement of the merger. In January 2011, People’s United announced the acquisition of Danvers Bancorp Inc. in Massachusetts, in a 55% stock and 45% cash transaction valued at $493 million. On Tuesday, People&#8217;s United announced the merger consideration to be given to Danvers’ shareholders. Based on final election results and with the application of ]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(HCBK) Hudson City Bancorp Analyst Cuts to Underperform</title>
		<link>http://www.stockbloghub.com/2011/06/29/hcbk-hudson-city-bancorp-analyst-cuts-to-underperform/77791</link>
		<comments>http://www.stockbloghub.com/2011/06/29/hcbk-hudson-city-bancorp-analyst-cuts-to-underperform/77791#comments</comments>
		<pubDate>Wed, 29 Jun 2011 16:29:51 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Savings & Loans]]></category>
		<category><![CDATA[HCBK]]></category>
		<category><![CDATA[Hudson City Bancorp Inc]]></category>
		<category><![CDATA[PBCT]]></category>
		<category><![CDATA[Peoples United Financial Inc]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=77791</guid>
		<description><![CDATA[We are downgrading our recommendation on Hudson City Bancorp Inc. (HCBK) to Underperform from Neutral considering its fundamentals, dividend cut, restructuring initiatives and the current low interest rate environment. Hudson City reported a loss of $555.7 million or $1.13 per share on a GAAP basis in the first quarter of 2011 due to the completion of balance sheet restructuring during the quarter. Yet, operating earnings of 19 cents per share were significantly better than the Zacks Consensus Estimate of a massive loss aided by lower interest expense and reduced provision for loan losses. But, lower interest and dividend income, and increased non-interest expense were the downside. Concurrent with the earnings release, Hudson City declared a quarterly dividend of 8 cents per share. This represented a 47% decrease from the prior ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/06/29/hcbk-hudson-city-bancorp-analyst-cuts-to-underperform/77791/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(PBCT) People&#8217;s United Financial Stays Neutral</title>
		<link>http://www.stockbloghub.com/2011/06/23/pbct-peoples-united-financial-stays-neutral/77276</link>
		<comments>http://www.stockbloghub.com/2011/06/23/pbct-peoples-united-financial-stays-neutral/77276#comments</comments>
		<pubDate>Thu, 23 Jun 2011 20:10:38 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Savings & Loans]]></category>
		<category><![CDATA[HCBK]]></category>
		<category><![CDATA[Hudson City Bancorp Inc]]></category>
		<category><![CDATA[NIM]]></category>
		<category><![CDATA[Nuveen Select Maturities Municipal Fund]]></category>
		<category><![CDATA[PBCT]]></category>
		<category><![CDATA[Peoples United Financial Inc]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=77276</guid>
		<description><![CDATA[We are reiterating our Neutral recommendation on People&#8217;s United Financial Inc. (PBCT) backed by the company’s better-than-expected first-quarter 2011 earnings. In April, People&#8217;s United reported first-quarter 2011 operating earnings per share of 15 cents, surpassing the Zacks Consensus Estimate by 3 cents. Moreover, earnings compared favorably with 10 cents per share reported in the prior quarter and 8 cents in the prior-year quarter. The modest improvement in results was attributable to higher net interest margin (NIM) and enhanced revenue, partly offset by higher non-interest expenses and increased provision for loan losses. Despite an asset sensitive balance sheet, People’s United continues to pose a modest capital position with capital ratios exceeding each of the regulatory requirements. Its tangible equity ratio and total risk-based capital ratio were 13.9% and 14.8%, respectively, as ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/06/23/pbct-peoples-united-financial-stays-neutral/77276/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(PBCT) People&#8217;s United Financial Analyst Maintains Neutral on Shares</title>
		<link>http://www.stockbloghub.com/2011/03/28/pbct-peoples-united-financial-analyst-maintains-neutral-on-shares/68181</link>
		<comments>http://www.stockbloghub.com/2011/03/28/pbct-peoples-united-financial-analyst-maintains-neutral-on-shares/68181#comments</comments>
		<pubDate>Mon, 28 Mar 2011 21:16:28 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Savings & Loans]]></category>
		<category><![CDATA[HCBK]]></category>
		<category><![CDATA[Hudson City Bancorp Inc]]></category>
		<category><![CDATA[PBCT]]></category>
		<category><![CDATA[Peoples United Financial Inc]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=68181</guid>
		<description><![CDATA[We have maintained our Neutral recommendation on People’s United Financial Inc. (PBCT). The decision is based on synergies gains expected from recent acquisitions, but low interest environment might act as a deterrent to net interest income of the company. In January, People&#8217;s United announced fourth-quarter 2010 operating earnings per share of 10 cents, in line with the Zacks Consensus Estimate. Results compared favorably with 8 cents per share reported both in the prior quarter and prior-year quarter. The modest improvement in results was attributed to lower provision for loan losses, higher net interest margin (NIM) and enhanced revenue, which was partly offset by higher non-interest expenses. Despite an asset sensitive balance sheet, People’s United continues to pose a modest capital position with capital ratios exceeding each of the regulatory requirements. ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/03/28/pbct-peoples-united-financial-analyst-maintains-neutral-on-shares/68181/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(PBCT) People&#8217;s United Financial&#8217;s Earnings Report Lags Estimates</title>
		<link>http://www.stockbloghub.com/2010/11/07/pbct-peoples-united-financials-earnings-report-lags-estimates/56322</link>
		<comments>http://www.stockbloghub.com/2010/11/07/pbct-peoples-united-financials-earnings-report-lags-estimates/56322#comments</comments>
		<pubDate>Sun, 07 Nov 2010 20:29:50 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Savings & Loans]]></category>
		<category><![CDATA[BAC]]></category>
		<category><![CDATA[Bank of America Corporation]]></category>
		<category><![CDATA[PBCT]]></category>
		<category><![CDATA[Peoples United Financial Inc]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=56322</guid>
		<description><![CDATA[Regional bank People&#8217;s United Financial Inc. (PBCT) announced third quarter 2010 operating earnings per share of 8 cents, which was below the Zacks Consensus Estimate of 10 cents. Earnings also compared unfavorably with 9 cents per share reported in the prior quarter, but were in line with the prior-year quarter. Operating income reported was $27.7 million compared with $31.8 million in the prior quarter and $26.8 million in the prior-year quarter. Including pre-tax merger-related expenses, core system conversion costs and one-time charges of $5.3 million, net income was $24.1 million or 7 cents per share in the third quarter of 2010. The modest sequential decrease in results was attributed to higher provision for loan losses, partly offset by improvement in the net interest margin (NIM), as well as lower non-interest ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/11/07/pbct-peoples-united-financials-earnings-report-lags-estimates/56322/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(PBCT) People&#8217;s United Financial Second Quarter 2010 Earnings In-Line</title>
		<link>http://www.stockbloghub.com/2010/07/18/pbct-peoples-united-financial-second-quarter-2010-earnings-in-line/43703</link>
		<comments>http://www.stockbloghub.com/2010/07/18/pbct-peoples-united-financial-second-quarter-2010-earnings-in-line/43703#comments</comments>
		<pubDate>Mon, 19 Jul 2010 04:46:46 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Savings & Loans]]></category>
		<category><![CDATA[PBCT]]></category>
		<category><![CDATA[Peoples United Financial Inc]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=43703</guid>
		<description><![CDATA[Regional bank People&#8217;s United Financial Inc. (PBCT) announced second quarter 2010 operating earnings per share of 9 cents, which came in line with the Zacks Consensus Estimate. Earnings were up a penny after five consecutive quarters of reporting 8 cents per share. The modest year-over-year increase in results came on the back of an improvement in the net interest margin (NIM), as well as lower interest expenses and a marginal loan growth for the third consecutive quarter. However, continued market pressure hiked non-interest expenses. Results included $23.2 million in system conversion and merger-related expenses. After taxes, these expenses reduced the net income to $16.0 million or 4 cents per share in the reported quarter. Net margin increased 21 basis points sequentially and 56 basis points year over year to 3.68%. ]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(PBCT) People’s United Financial Buys Massachusetts&#8217; Butler Bank</title>
		<link>http://www.stockbloghub.com/2010/04/19/pbct-people%e2%80%99s-united-financial-buys-massachusetts-butler-bank/34308</link>
		<comments>http://www.stockbloghub.com/2010/04/19/pbct-people%e2%80%99s-united-financial-buys-massachusetts-butler-bank/34308#comments</comments>
		<pubDate>Mon, 19 Apr 2010 21:50:55 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Savings & Loans]]></category>
		<category><![CDATA[PBCT]]></category>
		<category><![CDATA[Peoples United Financial Inc]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=34308</guid>
		<description><![CDATA[In an attempt to expand its presence in greater Boston market, on Friday, People’s United Financial Inc. (PBCT) announced the purchase of the deposits and banking operations of the Massachusetts-based Butler Bank from Federal Deposit Insurance Corporation (FDIC). According to the terms of the deal, People’s United has acquired assets of the Butler Bank and its Marlborough Co-Operative division worth approximately $237 million. Alongside, the company has also taken up liabilities of Butler bank worth approximately $243 million, of which $229 million are deposits. With regard to this, People’s United has also entered into an agreement with the FDIC to share losses incurred by all acquired loans and foreclosed real estate of Butler Bank. While post-merger functions have already become effective, depositors can access their money by writing checks, using ]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(PBCT) U.S. Regulators Close Eight More Banks on Friday &#8211; 2010 Tally Hits Fifty</title>
		<link>http://www.stockbloghub.com/2010/04/19/pbct-u-s-regulators-close-eight-more-banks-on-friday-2010-tally-hits-fifty/34225</link>
		<comments>http://www.stockbloghub.com/2010/04/19/pbct-u-s-regulators-close-eight-more-banks-on-friday-2010-tally-hits-fifty/34225#comments</comments>
		<pubDate>Mon, 19 Apr 2010 20:47:17 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Savings & Loans]]></category>
		<category><![CDATA[BB & T Corporation]]></category>
		<category><![CDATA[BBT]]></category>
		<category><![CDATA[Fifth Third Bancorp]]></category>
		<category><![CDATA[FITB]]></category>
		<category><![CDATA[JPM]]></category>
		<category><![CDATA[JPMorgan Chase & Company]]></category>
		<category><![CDATA[PBCT]]></category>
		<category><![CDATA[Peoples United Financial Inc]]></category>
		<category><![CDATA[PNC]]></category>
		<category><![CDATA[PNC Financial Services Group Inc]]></category>
		<category><![CDATA[Regions Financial Corporation]]></category>
		<category><![CDATA[RF]]></category>
		<category><![CDATA[STI]]></category>
		<category><![CDATA[SunTrust Banks Inc.]]></category>
		<category><![CDATA[Us Bancorp]]></category>
		<category><![CDATA[USB]]></category>
		<category><![CDATA[ZION]]></category>
		<category><![CDATA[Zions BanCorporation]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=34225</guid>
		<description><![CDATA[U.S. regulators on Friday shuttered eight more banks in Florida, California, Massachusetts, Michigan and Washington, pushing up U.S. bank failures to 50 so far in 2010. This compares to a total number of bank failures of 140 in 2009, 25 in 2008 and only 3 in 2007. Although the economy is showing signs of a gradual recovery with large financial institutions stabilizing, tumbling home prices, soaring loan defaults and rising unemployment continue to take their toll on small banks. While we expect economic recovery to gain momentum soon, there remain lingering concerns in the banking industry. Failure of both residential and commercial real estate loans as a result of the credit crisis has primarily hurt banks. As the industry tolerates bad loans made during the credit explosion, the trouble in ]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(PBCT) People&#8217;s United Financial&#8217;s Earnings Report Meets Expectations</title>
		<link>http://www.stockbloghub.com/2010/04/18/pbct-peoples-united-financials-earnings-report-meets-expectations/34106</link>
		<comments>http://www.stockbloghub.com/2010/04/18/pbct-peoples-united-financials-earnings-report-meets-expectations/34106#comments</comments>
		<pubDate>Mon, 19 Apr 2010 01:34:25 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Savings & Loans]]></category>
		<category><![CDATA[PBCT]]></category>
		<category><![CDATA[Peoples United Financial Inc]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=34106</guid>
		<description><![CDATA[People’s United Financial Inc.’s (PBCT) first quarter 2010 operating earnings per share of 8 cents was flat with the Zacks Consensus Estimate as well as last quarter’s figure. Earnings was a cent higher from 7 cents in the prior-year quarter due to improvement in the net interest margin (NIM), lower interest expenses, modest loan growth and lower net loan charge-offs for the second consecutive quarter. However, continued market pressure drove non-interest expenses higher and non-interest income lower for the quarter. Results included $23.4 million in system conversion and merger-related expenses.  After taxes, these expenses reduced the net income of $29.2 million by $15.6 million or 4 cent per share in the reported quarter. Net margin increased to 3.47% from 3.19% in the prior quarter and 3.25% in the prior-year quarter. ]]></description>
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		<title>(PBCT) People’s United Financial Coverage Initiated at Neutral</title>
		<link>http://www.stockbloghub.com/2010/03/25/pbct-people%e2%80%99s-united-financial-coverage-initiated-at-neutral/31706</link>
		<comments>http://www.stockbloghub.com/2010/03/25/pbct-people%e2%80%99s-united-financial-coverage-initiated-at-neutral/31706#comments</comments>
		<pubDate>Fri, 26 Mar 2010 00:51:02 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Savings & Loans]]></category>
		<category><![CDATA[PBCT]]></category>
		<category><![CDATA[Peoples United Financial Inc]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=31706</guid>
		<description><![CDATA[Recently, we initiated coverage on People’s United Financial Inc. (PBCT) with a Neutral recommendation. The company’s fourth quarter earnings of 8 cents per share were in line with the Zacks Consensus Estimate. While commercial loan portfolio and deposits experienced growth, bottom-line results declined due to higher non-interest expenses and loan loss provisions. PBCT continues to benefit from a healthy business portfolio that has grown inorganically over time. While the company’s R.C. Knox and Chittenden acquisitions continue to generate income flow, the latest addition ? Financial Federal ? is a leader in equipment financing and provides a valuable complement to People’s United’s existing business lines. This transaction is expected to generate meaningful earnings accretion without diluting the capital ratios, which will provide tremendous strategic flexibility to the company in the current ]]></description>
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		<title>(PBCT) People’s United Financial&#8217;s Earnings Meet Expectations</title>
		<link>http://www.stockbloghub.com/2010/01/23/pbct-people%e2%80%99s-united-financials-earnings-meet-expectations/25800</link>
		<comments>http://www.stockbloghub.com/2010/01/23/pbct-people%e2%80%99s-united-financials-earnings-meet-expectations/25800#comments</comments>
		<pubDate>Sat, 23 Jan 2010 21:21:09 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Savings & Loans]]></category>
		<category><![CDATA[PBCT]]></category>
		<category><![CDATA[Peoples United Financial Inc]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=25800</guid>
		<description><![CDATA[People’s United Financial, Inc.’s (PBCT) fourth quarter operating earnings per share of 8 cents were flat with the Zacks Consensus Estimate and third quarter earnings. However, earnings declined from 10 cents in the prior-year quarter due to continued market pressure, which further drove non-interest expenses higher and interest income lower for the quarter. Results included $4.5 million in system conversion and merger-related expenses. After taxes, these expenses reduced the net income of $28.0 million by $3.1 million or 1 cent per share in the reported quarter. Net margin was sequentially flat at 3.1% although it declined from 3.55% in the prior-year quarter. Non-interest expense increased 4.3% sequentially and 2.4% year-over-year to $172.2 million. Total interest income declined 2.3% sequentially and 11.7% year-over-year to $187.5 million due to decrease in wealth ]]></description>
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		<title>(FIF) Financial Federal Corporation Downgraded</title>
		<link>http://www.stockbloghub.com/2009/11/29/fif-financial-federal-corporation-downgraded/21442</link>
		<comments>http://www.stockbloghub.com/2009/11/29/fif-financial-federal-corporation-downgraded/21442#comments</comments>
		<pubDate>Mon, 30 Nov 2009 04:42:28 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Credit Services]]></category>
		<category><![CDATA[Financial]]></category>
		<category><![CDATA[FIF]]></category>
		<category><![CDATA[Financial Federal Corporation]]></category>
		<category><![CDATA[PBCT]]></category>
		<category><![CDATA[Peoples United Financial Inc]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=21442</guid>
		<description><![CDATA[We are downgrading our recommendation on the shares of Financial Federal Corp. (FIF) to Underperform as we think that negative factors for the company will more than offset the positives over the near term. Financial Federal’s fourth quarter fiscal 2009 (ended Jul 31) earnings of 35 cents per share came in two cents short of the Zacks Consensus Estimate. The earnings for the quarter were also down 29% from 49 cents in the prior-year quarter. Though the company has benefited from lower funding costs and improved net interest margin, originations have continued to weaken, given the current state of the economy. Results were also negatively impacted by higher provision for credit losses and increased expenses. However, a significant improvement in net interest margin and strong liquidity were impressive during the ]]></description>
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		<slash:comments>0</slash:comments>
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		<title>(PBCT) People&#8217;s United Financial&#8217;s United Eyes Acquisition</title>
		<link>http://www.stockbloghub.com/2009/11/25/pbct-peoples-united-financials-united-eyes-acquisition/21235</link>
		<comments>http://www.stockbloghub.com/2009/11/25/pbct-peoples-united-financials-united-eyes-acquisition/21235#comments</comments>
		<pubDate>Wed, 25 Nov 2009 18:31:29 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Savings & Loans]]></category>
		<category><![CDATA[FIF]]></category>
		<category><![CDATA[Financial Federal Corporation]]></category>
		<category><![CDATA[Morgan Stanley]]></category>
		<category><![CDATA[MS]]></category>
		<category><![CDATA[PBCT]]></category>
		<category><![CDATA[Peoples United Financial Inc]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=21235</guid>
		<description><![CDATA[People&#8217;s United Financial Inc. (PBCT) said on Monday that it is eyeing the acquisition of Financial Federal Corporation (FIF) for about $738 million in stock and cash. People&#8217;s United, the holding company for People&#8217;s United Bank, expects the acquisition to be completed in the first quarter of 2010. This acquisition is expected to be significantly accretive to People&#8217;s United’s operating earnings in 2010 without diluting its capital ratios and have an IRR greater than 20%. Under the terms of the acquisition, Financial Federal shareholders will receive $11.27 in cash and one share of People&#8217;s United common stock. Calculated with the closing price of People&#8217;s United shares on Nov 20, the transaction is valued at $27.74 per Financial Federal share. The receipt of People&#8217;s United stock by shareholders of Financial Federal ]]></description>
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		<slash:comments>0</slash:comments>
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		<title>(PBCT) People&#8217;s United Financial Reports Earnings In-Line</title>
		<link>http://www.stockbloghub.com/2009/10/17/pbct-peoples-united-financial-reports-earnings-in-line/18048</link>
		<comments>http://www.stockbloghub.com/2009/10/17/pbct-peoples-united-financial-reports-earnings-in-line/18048#comments</comments>
		<pubDate>Sat, 17 Oct 2009 21:38:55 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Savings & Loans]]></category>
		<category><![CDATA[PBCT]]></category>
		<category><![CDATA[Peoples United Financial Inc]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=18048</guid>
		<description><![CDATA[People&#8217;s United Financial Inc.’s (PBCT) third quarter earnings of 8 cents per share were in line with the Zacks Consensus Estimate. While quarterly results benefited from growth in core loan portfolios and deposits, the company’s credit quality continued to deteriorate. It has reported significant increase in loan loss provisions in the quarter. People&#8217;s United reported net income of $26.8 million or 8 cents per share for the quarter, compared to $25.3 million or 8 cents per share in the prior quarter and $46.0 million or 14 cents per share a year earlier. Net interest income was $145.3 million, up 3% sequentially but down 9% year-over-year. Net interest margin was up 7 basis points (bps) sequentially but down 52 bps year-over-year to 3.19%. The sequential increase in the net interest margin ]]></description>
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		<title>(HCBK) Top Financial Equity Funds &#8211; Mutual Fund Commentary</title>
		<link>http://www.stockbloghub.com/2009/08/27/top-financial-equity-funds-mutual-fund-commentary/13583</link>
		<comments>http://www.stockbloghub.com/2009/08/27/top-financial-equity-funds-mutual-fund-commentary/13583#comments</comments>
		<pubDate>Thu, 27 Aug 2009 19:27:36 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Savings & Loans]]></category>
		<category><![CDATA[HCBK]]></category>
		<category><![CDATA[Hudson City Bancorp Inc]]></category>
		<category><![CDATA[New York Community Bancorp Inc]]></category>
		<category><![CDATA[NYB]]></category>
		<category><![CDATA[PBCT]]></category>
		<category><![CDATA[Peoples United Financial Inc]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=13583</guid>
		<description><![CDATA[Today we are featuring top-performing “Financial&#8221; equity mutual funds, which primarily invest in equity securities of financial services and related companies. Investors can find such funds by checking out the entire list of the Zacks #1 Rank Financial Equity Funds. 3 Great Picks Mutual Financial Services A (TFSIX) seeks capital appreciation. Income is a secondary consideration. The fund generally invests the equity portion of its portfolio substantially in mid- and large cap companies. As of March 2009, its portfolio turnover was 41.98%. Charles M. Lahr has been lead manager at the fund since December 2004. The fund has topped the total returns of its benchmark index in the last 1-, 3- and 5-year periods. Dryden Financial Services A (PFSAX) seeks long-term capital appreciation by investing in equity securities of financial ]]></description>
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