Long Island Financial Briefs: February 20, 2004
Long Island Business News › January 11, 2006
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Summary
Stocks of banks and thrifts rose an average of 12 percent in the fourth quarter of 2003, according to Fla.-based Weiss Ratings, a leading independent provider of equity research.
Banks and thrifts are in the midst of a new round of consolidation, said Melissa Gannon, vice president of Weiss Ratings. The recent merger announcements are likely to put upward pressure on bank and thrift stock prices as investors anticipate likely takeover candidates.See the full content of this document
Extract
Long Island Financial Briefs: February 20, 2004
That message hit home this week after the announcement of the acquisition of Manhattan-based GreenPoint Financial Corp. by Melville-based North Fork Bancorp.
Othe...See the full content of this document
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