Market Currents

• Wednesday, November 11, 2009

• 10:29 AM Lenders are moving quickly to restructure commercial loans under controversial new guidelines that give them more favorable regulatory treatment. Sources say Citigroup (C), Whitney (WTNY) and others are reviewing nonperforming loans to determine if they qualify for reclassification. The new guidelines will apply to $110-130B of the $550B or so of underwater CRE loans. 1 Comment

• Tuesday, May 5, 2009

• 09:13 AM S&P puts 23 regional and national banks on CreditWatch Negative, meaning a 50% chance their ratings will drop in the coming quarter. The group is seen as underperforming compared to peers. Here are the publicly-traded banks under watch: ASBC, AF, BBT, BAC, COF, C, CRBC, CMA, FITB, HBAC, KEY, MTB, PNC, RF, SUSQ, SNV, USB, WBS, WFC, WTNY, WL. Comment!

• Thursday, October 16, 2008

• 00:05 AM Notable earnings before Thursday's open: AMB, APH, BAX, BBT, BGG, BK, C, CAL, CIT, CY, DHR, FCS, HBAN, HOG, HSY, ITW, LUV, MER, NOK, NUE, PH, PNC, PPG, RS, SHW, SPWRA, SWKS, TXT, UTX, WERN, WTNY Comment!

• Tuesday, July 22, 2008

• 00:04 AM Notable earnings before Tuesday's open: AKS, AVY, BHI, BIIB, BJS, CAT, CHKP, CME, CP, CPO, DD, DPZ, ERIC, FCX, FITB, FRX, GNTX, HAL, JBLU, JEC, JEF, KEY, LCC, LXK, LMT, OMC, PXPS, PAS, PCAR, PMTC, RF, ROK, RYN, STI, SVU, TLAB, UAUA, UNH, UPS, WAT, WB, WU, WTNY, XTO. Comment!