Spain Faces Record Retail Slump and Banking Anxiety
A 9.8 percent year on year drop in Spain’s retail sales in April deepens a recession as Bankia seeks state aid amid high borrowing costs. The IBEX fell while Spain confronts austerity and potential banking sector bailouts, with investors wary of debt and growth prospects.
MENTIONED IN THIS ARTICLE
Spain
Madrid
National Statistics Institute
Bank of Spain
Greece
Ireland
Portugal
Bankia
Mariano Rajoy
Cajas
Political ads stir health care horror on Medicare fears
Washington AP reports ads from both parties inflame fears about health care cuts and Medicare. Experts warn voters misperceive policy details as campaigns push provocative claims about seniors, amid rumor and media attention on online ads depicting harming an elderly person.
MENTIONED IN THIS ARTICLE
Washington
Barack Obama
GOP
Paul Ryan
Drew Altman
Kaiser Family Foundation
Rick Santorum
Obama
Health and Human Services Department
Granny
Trustmark to acquire BancTrust in stock deal
Trustmark Corp will buy BancTrust Financial Group Inc in a stock transaction valued at about 55.4 million dollars. BancTrust stockholders receive 0.125 Trustmark shares per BancTrust share. BancTrust is Mobile Alabama based with 49 offices and 1.3 billion in loans. Trustmark operates over 170 offices across Florida Mississippi Tennessee and Texas. The deal is expected to boost earnings per share in 2013 and beyond.
MENTIONED IN THIS ARTICLE
Jackson, Miss
Trustmark Corp
BancTrust Financial Group Inc
Florida
Alabama
BancTrust
Trustmark
Mobile
Ala
Jackson
Miss
Mississippi
Tennessee
Texas
Gerard Host
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Ibercaja
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Madrid Stock Exchange
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Banco Financiero Y de Ahorros
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Kathleen Hall Jamieson
University of Pennsylvania
Annenberg Center
Sarah Palin
Medicare
Donald Berwick
Associated Press
Trustmark Buying
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New York Mercantile Exchange
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Handy & Harman
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N.q
N.a
Chicago
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coTm
Chicago Board of Trade
Brett Leach
Sws
SWS Financial Services
Wilshire Blvd
Roswell
Swst
Elm Street
Dallas TX
FINRA
SIPC
Dow Jones Industrials
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S&p
Wilshire
Russell
At&t Inc
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Chevron
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Merck
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