Today: 10 June 2026
Browse Category

NYSE:CADE 27 October 2025 - 11 February 2026

HBAN stock price ticks up: Huntington’s 2027 EPS target and Cadence synergies come into focus

HBAN stock price ticks up: Huntington’s 2027 EPS target and Cadence synergies come into focus

Huntington Bancshares shares rose 0.5% to $18.67 early Wednesday after a 2.26% drop Tuesday. The company projected 2027 earnings per share of $1.90–$1.93 and outlined $435 million in annual cost synergies from Cadence and Veritex deals. A Form 144 showed officer Brendan Lawlor proposed selling 17,455 shares. State Street Corp reported a 4.9% stake as of Dec. 31.
Cadence Bank stock (CADE) is suspended after Huntington merger — what happens to shares now

Cadence Bank stock (CADE) is suspended after Huntington merger — what happens to shares now

Cadence Bank shares were halted on the NYSE after its acquisition by Huntington Bancshares, with the last close at $42.11 on Jan. 30. Cadence shareholders will receive 2.475 Huntington shares per Cadence share, plus cash for fractional shares. Huntington now controls $279 billion in assets and will keep Cadence’s 390 branches open. Investors await integration updates at a Feb. 10 conference.
4 February 2026
Huntington’s $7.4B Texas-Tupelo Power Move: Cadence Bank Takeover Shakes Up Banking

Huntington’s $7.4B Texas-Tupelo Power Move: Cadence Bank Takeover Shakes Up Banking

Huntington Bancshares agreed to acquire Cadence Bank in an all-stock deal valued at $7.4 billion, giving Cadence shareholders 2.475 HBAN shares per Cadence share. The combined bank will hold $276 billion in assets and $220 billion in deposits, becoming a top-10 U.S. regional bank. The merger is expected to close in Q1 2026 pending approvals. Huntington shares fell 3–4% pre-market, while Cadence rose about 2%.

Stock Market Today

  • Dow Drops 0.55% on May CPI Data and Iran Tensions
    June 10, 2026, 11:31 AM EDT. The Dow Jones Industrial Average fell 0.55% to 50,592 after May's Consumer Price Index (CPI) showed a 4.2% year-over-year increase, in line with expectations but signaling persistent inflation above the Federal Reserve's target. Energy prices surged, with gas up 7%, causing over 60% of the monthly rise in inflation. Ongoing geopolitical concerns involving Iran added to investor caution, especially impacting energy and AI-related stocks. Technology shares, including Nvidia and Broadcom, declined between 1% and 3.8%, while Super Micro Computer slid 14.2% amid a $7 billion equity raise announcement potentially diluting shareholders. The Federal Reserve is widely expected to hold interest rates steady at the next meeting, though inflation trends remain unsettling.

Latest articles

Dow Drops After CPI Surprise, Iran Concerns Keep Fed Outlook Uncertain

Dow Drops After CPI Surprise, Iran Concerns Keep Fed Outlook Uncertain

10 June 2026
Dow drops 0.55% to 50,592 after May CPI jumps 4.2% year-on-year, matching forecasts but fueled by a 7% surge in gasoline prices and rising energy costs, as renewed U.S.-Iran tensions and sharp losses in AI and industrial stocks add to investor caution, with Super Micro Computer plunging 14.2% on $7 billion equity plans and XPO, J.B. Hunt, Old Dominion falling up to 6.2% after Amazon expands freight service.
S&P 500 Swings After Hot CPI, AI Names Under Pressure

S&P 500 Swings After Hot CPI, AI Names Under Pressure

10 June 2026
May inflation jumped 4.2%—the fastest pace since April 2023—matching forecasts but keeping the Fed on hold, as energy prices fueled the rise; S&P 500 and Nasdaq steadied after early losses, but AI-linked stocks slid, with Super Micro Computer tumbling on a $7 billion share sale plan that risks diluting investors.
Chewy Drops After Q1 Beat With Outlook Warning

Chewy Drops After Q1 Beat With Outlook Warning

10 June 2026
Chewy slashed its 2026 net sales outlook to $13.40–$13.55 billion, below prior guidance and analyst estimates, sending shares down 50 cents to $19.90 as investors reacted to weaker-than-expected second-quarter forecasts despite a 7.7% first-quarter sales jump and improved profitability.
Go toTop