BANK RATING
Anglo Irish Bank "buy" New Ratings LONDON, December 5 (newratings.com) - Analysts at Dresdner Kleinwort maintain their "buy" rating on Anglo Irish Bank Corp Plc (ticker: ANGL-EUR). The target price is set to €16.50. Fitch upgrades Ahli United Bank and its subsidiaries to A- rating AME Info Ahli United Bank B.S.C. has announced that the long term rating of the Bank and its major subsidiaries in Kuwait and the United Kingdom have all been upgraded to 'A-' (stable) by Fitch Ratings, the international rating agency. Bank of New York "outperform," target price raised New Ratings NEW YORK, December 5 (newratings.com) - Analyst Jacqueline Reeves of Ryan Beck & Co maintains her "outperform" rating on Bank of New York ( BK.NYS ), while raising her estimates for the company. The target price has been raised from $39 to $47. Foolish Forecast: Say It Ain't So, Jos. A. Bank The Motley Fool via Yahoo! News During its four and a half years on the public markets, Jos. A. Bank (Nasdaq: JOSB - News) has racked up an enviable 16-1-1 record in the earnings game, beating analysts 16 times, tying them once, and missing once as well. But that one miss -- it was a whopper, and it's only two quarters old as of this writing. So has Joe's story changed, or can it return to its consistently winning ways of Bank of New York merger seen as plus for Mellon's fund business Market Watch SAN FRANCISCO (MarketWatch) -- The proposed merger of Mellon Financial Corp. and Bank of New York Co. would create an asset-management powerhouse with global reach into institutional and retail investment markets. Bank of NY-Mellon: Historic Merger, Poised for Future Growth SeekingAlpha via Yahoo! Finance Both Bank of New York and Mellon Financial's shares surged yesterday on news two of the oldest U.S. financial institutions will merge. The combined entity will have $16.6 trillion in institutional investor assets under custody and $1.1 trillion in assets under management . Anglo Irish Bank initiated with "buy" New Ratings LONDON, December 4 (newratings.com) - Analysts at Dresdner Kleinwort initiate coverage of Anglo Irish Bank (ticker: CKL1) with a "buy" rating. The target price is set to €16.5. Public Bank unveils RM1.2b tier-1 securities The Star Online KUALA LUMPUR : Public Bank Bhd has successfully launched and priced the country's first issue of Ringgit Innovative Tier 1 Capital Securities of RM1.2bil. AFX UK Focus 2006-12-04 14:17 GMT: Bank of New York and Mellon Financial ratings affirmed - S&P Interactive Investor LONDON (AFX) - Standard & Poor's Ratings Services said today that it affirmed its 'A+/A-1' counterparty credit rating on Bank of New York Co. Inc. (BNY) and its 'AA-/A-1+' counterparty credit rating on BNY's lead bank, Bank of New York, NY, after the announcement that BNY has agreed to take over Mellon Financial Corp in a 16.5 bln usd all-stock deal that will create the world's largest securities Royal Bank of Canada "outperform," target price raised New Ratings NEW YORK, December 4 (newratings.com) - Analyst J Bantis of Credit Suisse maintains his "outperform" rating on Royal Bank of Canada ( RY.NYS ), while raising his estimates for the company. The 12-month target price has been raised from C$55 to C$59.
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