Tuesday, January 3, 2012

Stock Alert - Raymond James appears to gain ground in Morgan Keegan talks - 1/3/12

Regions Financial (RF +0.6%) reportedly terminates talks to sell its Morgan Keegan brokerage to Stifel Financial (SF +4.1%), failing to reach agreement over the terms of a contract. Regions also has been in talks with Raymond James (RJF +3.5%).

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