Banking, finance, and taxes

Baird on Banks (BAC, BBT, CMA, FITB, KEY, MI, MTB, PNC, STI, USB, WB, WFC)

ROBERT W.BAIRD has initiated mostly cautious coverage on Banks and Financials this morning.  Most are Neutral rated, although there are a few Outperform ratings in the coverage group. Here are the initiations.

NEUTRAL ratings initiated on:

  • Bank of America (BAC),
  • BB&T (BBT),
  • Fifth Third (FITB)
  • Keycorp (KEY),
  • Marshall & Isley (MI),
  • SunTrust (STI),
  • US Bancorp (USB),
  • Wachovia (WB),
  • and Wells Fargo (WFC).

OUTPERFORM ratings initiated on:

  • Comerica (CMA),
  • M&T Bank (MTB),
  • and PNC Bank (PNC).

Jon C. Ogg
January 8, 2008

Credit Card Companies Are Doing Something Nuts

Credit card companies are at war. The biggest issuers are handing out free rewards and benefits to win the best customers.

It’s possible to find cards paying unlimited 1.5%, 2%, and even more today. That’s free money for qualified borrowers, and the type of thing that would be crazy to pass up. Those rewards can add up to thousands of dollars every year in free money, and include other benefits as well.

We’ve assembled some of the best credit cards for users today.  Don’t miss these offers because they won’t be this good forever.

 

Flywheel Publishing has partnered with CardRatings for our coverage of credit card products. Flywheel Publishing and CardRatings may receive a commission from card issuers.

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