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I’ve written before that First Horizon ( FHN ) has some under-appreciated counter-cyclical drivers that should help it navigate a likely-to-be tough 2020 better than its peers, but First Horizon management has since taken a major step toward shoring up its long-term future. Not only d...
Stocks have rallied sharply higher since the early October lows because of perceived progress on China trade talks and dovish Federal Reserve policy. However, that doesn't necessarily mean every stock is worth buying today. A trade deal could still get derailed, and the Fed many not provide fu...
MEMPHIS, Tenn., Nov. 13, 2019 (GLOBE NEWSWIRE) -- First Horizon National Corp. (“First Horizon”) (NYSE: FHN) today announced that it has been named to the 2020 list of America's Most JUST Companies. First Horizon ranked 3 rd overall among banks and 2 nd in the financial serv...
BB&T ( BBT +0.4% ) and SunTrust ( STI +0.7% ) agree to divest 28 branches in North Carolina, Virginia, and Georgia to resolve antitrust concerns about their merger, the U.S. Department of Justice said in a statement. More news on: BB&T Corporation, SunTrust Banks, Inc., First...
First Horizon agrees to acquire 30 SunTrust branches in North Carolina, Virginia, Georgia Acquisition includes approximately $2.4 billion in deposits and $410 million in loans Transaction represents required regulatory divestitures in connection with the merger of equals between S...
MEMPHIS, Tenn., Nov. 07, 2019 (GLOBE NEWSWIRE) -- Attention nonprofits: Do not miss the opportunity to apply for funding from First Horizon Foundation (the “Foundation”). First Horizon Foundation is accepting Nonprofit funding requests for the 2020 grant cycle. Eligible non...
MEMPHIS, Tenn., Nov. 05, 2019 (GLOBE NEWSWIRE) -- William (BJ) Losch, CFO of First Horizon National Corp. (NYSE:FHN), will present at the BancAnalysts Association of Boston, Inc. conference in Boston at 2:45 p.m. ET on Nov. 7. The conference will be available to the public via live webca...
First Horizon National (NYSE: FHN ) agrees to acquire Iberiabank (NASDAQ: IBKC ) in an all-stock merger of equals, creating a regional financial services company with about $75B in assets. More news on: First Horizon National Corporation, IBERIABANK Corporation, Financial stocks news, Me...
Creates a leading regional financial services company with significant scale at $75 billion in assets Combination to be strongly accretive to EPS Significant synergies anticipated to drive value creation and enhanced financial performance Pro forma company expected to have peer ...
In a bid to spark inflation by boosting loan activity and business investment, the Federal Reserve lowered its target rate this week by an additional 25 basis points to a range of 1.50% to 1.75%. The lowered rates could make this a good time to buy stocks, but stock picking is more important...
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First Horizon Renews Commitment to The University of Tennessee PR Newswire Official Bank of the VOLS MEMPHIS, Tenn. , Aug. 1, 2024 /PRNewswire/ -- First Horizon Corp. (NYSE: FHN or "First Horizon") is proud to announce that First Horizon Bank ha...
First Horizon Announces Results of its 2024 Company-Run Stress Test PR Newswire MEMPHIS, Tenn. , July 30 , 2024 /PRNewswire/ -- First Horizon Corporation (NYSE: FHN) ("First Horizon" or "the Company") announced today its 2024 Company-run capital stress test resul...
First Horizon Recognized by TIME Magazine PR Newswire AMERICA'S BEST MIDSIZE COMPANIES OF 2024 MEMPHIS, Tenn. , July 25, 2024 /PRNewswire/ -- First Horizon Corp. (NYSE: FHN or "First Horizon") announced that it has been recognized on the inaugural...