TCF Financial Corp
Several days ago, William Allen Copper, Chairman and CEO of TCF Financial Corporation (NYSE: TCB), sold around 500,000 shares of the company at an average price of $15 per share, with the total transaction worth $7.5 million. $15 a share price is just 2% lower than the company's 52-week high. Should investors follow his move to sell the stock? Let’s find out.
Most of TCF’s more »
All banks are not created equal. The Wall Street Journal today makes a compelling case for why many analysts have low expectations for bank stocks. The authors discuss European exposure, and ill timed acquisitions. These are issues that bedevil certain money center banks, to be sure. But one point the article also raised is that banks are suffering margin pressure due to the Federal Reserve maintenance of short term interest more »