First Horizon (FHN) Receives Fed Nod to Acquire Capital Bank

First Horizon (FHN) Receives Fed Nod to Acquire Capital Bank
Tennessee-based First Horizon National Corporation FHN received regulatory approval from the Board of Governors of the Federal Reserve System to acquire Charlotte, N.C.-based Capital Bank Financial Corp. CBF . Per the deal, the former will acquire the latter for a total value of $2.2 billion in a stock-cash deal. The combined entity will form the fourth-largest regional bank in the... Read More

Three Top Apple Plays Hit Buys; These 2 Leaders Jump Overnight: S&P 500 Futures

Three Top Apple Plays Hit Buys; These 2 Leaders Jump Overnight: S&P 500 Futures
Futures for the S&P 500 index, Nasdaq 100 and Dow industrials were little changed Tuesday morning, with Exact Sciences ( EXAS ) and Cognex ( CGNX ) rallying after hours on earnings. In Monday’s regular session, the S&P 500 and other major averages fell modestly even as Apple ( AAPL ) extended Friday’s breakout and iPhone chip suppliers Broadcom ( AVGO... Read More