CMA - Comerica Incorporated
Fifth Third Bancorp is seeing early results of its merger with Comerica, is making progress on the integration and is set to launch its systems conversion over Labor Day weekend, Fifth Third Chairman, CEO and President Tim Spence said Friday (July 17) during a second-quarter earnings call.
The Fifth Third Bank parent posted a profit of $763 million, or 83 cents a share, in the second quarter.
Fifth Third Bancorp has rallied 30% over the past year, driven by a favorable macro environment and the transformative Comerica acquisition. FITB targets aggressive cost synergies from the Comerica deal but faces integration risks, elevated merger costs, and potential deposit attrition. The CET1 capital ratio has weakened post-acquisition, with gradual improvement expected as integration costs subside and synergies materialize.
CMA CGM will offer ocean transport and carrier services under a nonexclusive agreement with FedEx and the companies will also work together on select air-cargo capacity solutions.
French shipping group CMA CGM has agreed to acquire FedEx's third-party logistics business for an enterprise value of $1.4 billion, it said on Wednesday, as it seeks to expand its presence in the logistics sector and in the United States.
TORONTO--(BUSINESS WIRE)--The Canadian Marketing Association (CMA) unveiled its refreshed brand identity, drawing creative inspiration from 1967 modernism, the year the association was founded. The rebrand comes in anticipation of the CMA's 60th anniversary, a milestone that marks the organization's journey and highlights its role as the collective voice representing marketers across Canada. More than a visual refresh, the new identity reflects where the CMA is already heading. The organization.
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Rolling coverage of the latest economic and financial news, as the AI trade bounces back
The Competition and Markets Authority's decision to impose a conduct requirement on Google over its use of publisher content in artificial intelligence search marks a meaningful shift in the balance of power between the technology giant and content owners, according to Panmure Liberum. The broker said it takes a positive view of the ruling, which was announced on 3 June following a consultation process that began in January 2026, after the CMA designated Google as having strategic market status in October 2025.
BRENTWOOD, Tenn.--(BUSINESS WIRE)--Tractor Supply Company, the largest rural lifestyle retailer in the United States, is bringing the spirit of Life Out Here to country music's biggest week through its inaugural sponsorship of the Tractor Supply Spotlight Stage at Fan Fair X during CMA Fest, highlighted by a special performance from 2026 Life Out Here Emerging Artist winner Gloria Anderson. Located inside the Music City Center, the Tractor Supply Spotlight Stage will give fans an up-close exper.
Perth, April 28, 2026 (GLOBE NEWSWIRE) -- First Stoping Operations at CMA Underground in Côte d'Ivoire Overview Perth, Western Australia/April 28, 2026/Perseus Mining Limited (ASX/TSX: PRU) is pleased to announce it has successfully completed the first underground production blast at its CMA Underground project. The blast was fired from Blika 1120 Ore Drive South at the Yaouré Gold Mine in Côte d'Ivoire, with excavation of the first production ore commenced immediately.
Fifth Third Bancorp demonstrates strong earnings and robust preferred dividend coverage, with net income of $2.52 billion versus $146 million in preferred payouts. The Comerica acquisition adds scale, boosts consolidated earnings, and modestly enhances preferred dividend coverage, though 2026 is seen as a transition year. FITBO preferred shares yield 6.49% at current prices, offering a 250 bps spread over 5-year Treasuries, with low call risk due to their attractive cost of capital.
Taylor Wimpey PLC shares rose 3% to 104.95p after the housebuilder reported full-year results in line with guidance, as revenue climbed but profits were hit by cladding fire safety provisions and a regulatory settlement over a collusion probe. Chief executive Jennie Daly said the spring selling season was "progressing well, with encouraging levels of customer interest" but expects the 2026 performance to be more weighted to the second half, with around 40% of completions in the first half.
Britain's competition watchdog has launched an investigation into three of the world's largest hotel chains over suspected sharing of competitively sensitive information through a third-party data analytics tool. The Competition and Markets Authority (CMA) said it is examining whether Hilton, Intercontinental Hotels Group PLC (LSE:IHG) and Marriott used STR, a hotel data analytics platform owned by property data company CoStar, to share information in ways that may have weakened competition between them.
NEW YORK, Feb. 19, 2026 (GLOBE NEWSWIRE) -- Getty Images (NYSE: GETY), a preeminent global visual content creator and marketplace, today issued the following statement on the UK Competition and Markets Authority's (CMA) provisional decision:
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Thrivent Financial for Lutherans reduced its position in shares of Comerica Incorporated (NYSE: CMA) by 19.7% in the third quarter, according to its most recent filing with the SEC. The fund owned 47,435 shares of the financial services provider's stock after selling 11,665 shares during the quarter. Thrivent Financial for Lutherans' holdings in
Principal Financial Group Inc. reduced its stake in shares of Comerica Incorporated (NYSE: CMA) by 4.2% during the undefined quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 285,439 shares of the financial services provider's stock after selling 12,492
Comerica Incorporated (NYSE: CMA - Get Free Report) has earned a consensus rating of "Hold" from the nineteen research firms that are currently covering the stock, MarketBeat.com reports. One research analyst has rated the stock with a sell recommendation, fifteen have given a hold recommendation and three have issued a buy recommendation on the company. The