Colonial Bancgroup News

Birmingham's publicly traded companies' stocks continued to take a beating Tuesday amid fears of a worsening economy.

The Colonial BancGroup, Inc. announced that it plans to release the third quarter 2008 results after the market closes on Wednesday, October - PARIS-- --Regulatory News: - 10/03/2008 - 10:40 AM -- --Capella ...

As the credit crisis has deepened in recent months, some banking companies have moved to shed toxic assets, rather than waiting for the market to improve - or for the government to bail them out.

Alabama bank stocks rallied Thursday and Friday, in some cases rising by more than half over the two days, bolstered by a ban on short sales and the prospect of federal aid.

The huge swell of activity surrounding Colonial BancGroup 's common stock is evidence that the company fell prey to "naked" short sellers, experts say.

Harvey Pitt, former chairman of the Securities and Exchange Commission, has been named deputy attorney general for the state of Alabama.

USAmeriBank said it would acquire a branch office of Pilot Bank in a deal expected to close early in the fourth quarter.

"There is a definite segment of the market that wants to build a case that the worst is over, but it seems difficult to point to many tangible reasons why that would be the case," Sandler O'Neill & Partners ...

While most of the market has been obsessed with the large diversified banks during the current ongoing earning season, many small community banks have also released results for the second quarter.

The Alabama Securities Commission is investigating brokers and hedge funds to see if they lied to profit from shorting shares of Colonial BancGroup.

While most of the market has been obsessed with the large diversified banks during the current ongoing earning season, many small community banks have also released results for the second quarter.

Stay informed up to the minute. Sign up for Breaking News and What We're Working On emails from WSFA 12 News.

Alabama stocks fell last week, led lower by industrial shares. Banks rallied for the first time in weeks.

The Colonial BancGroup, Inc., will announce its second quarter earnings Wednesday, five days earlier than previously planned.

These last few days, I knew what Gordon Gekko felt like as Bud Fox was screwing him on the Bluestar deal.

But here's what makes me angry: the reporter cites Richard Bove in her article as support for her thesis that despite being better capitalized in general, more banks will collapse.

The timing seemed perfect. Just weeks after Colonial Bank started foreclosure proceedings on land earmarked for Trump Tower Tampa, developer SimDag/RoBEL LLC sought protection from its creditors in a Chapter 11 ...

Tampa Bay Business Journal - by Michael Hinman Less than a year after developer Frank Dagostino said he would use it only as a last resort, his company, SimDag/RoBEL LLC, is seeking protection from creditors in ...

I was immediately attracted to Alabama's Colonial Bancgroup Inc. because its stock symbol reminds me of "CMB," or Cash Money Brothers, from the classic film New Jack City .

Led by Honorary Chair Eris Sandler, president and CEO of retail banking for Colonial Bank's South Florida region, the community rallied together in support of Kids In Distress' Fifth Annual Taking Steps 5K ...