Today: 10 June 2026
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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

  • Can Palantir Technologies (PLTR) Stock Justify Its High Valuation?
    June 10, 2026, 11:05 AM EDT. Palantir Technologies (PLTR) trades at a steep 143.2x trailing earnings, reflecting market expectations for rapid growth and strong margins. The company׳s AI platform fuels surging U.S. government and commercial demand, pushing last twelve months revenue growth to 67.7%. However, sustaining a 34.5% compound annual growth rate over seven years is challenging amid potential defense budget delays and cyclical peak profit margins. Palantir must juggle expanding commercial opportunities with its critical defense commitments. Analysts caution that current high multiples leave little room for error, making PLTR a risky standalone stock. Investors might consider diversified strategies to mitigate volatility in high-valuation tech stocks like Palantir.

Latest articles

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.
Nu Holdings Stock Moves Higher, Investors Weigh $1 Billion Buyback Impact

Nu Holdings Stock Moves Higher, Investors Weigh $1 Billion Buyback Impact

10 June 2026
Nu Holdings stock rebounded 1.3% to $12.04 early Wednesday after a $1 billion buyback was authorized, but shares remain down 30.5% over six months as investors weigh the buyback’s support against rising credit costs, a CFO transition that triggered analyst downgrades, and a jump in non-performing loans to 5.0% last quarter.
Keel Infrastructure Inches Up After $458M Debt Deal Amid AI Pivot

Keel Infrastructure Inches Up After $458M Debt Deal Amid AI Pivot

10 June 2026
Keel Infrastructure jumped 0.83% to $5.47 after closing a $458 million convertible-note sale, up from an initial $350 million plan, with proceeds aimed at AI data-center growth and capped calls to limit dilution up to $11.86 per share, as investors weigh new capital against added debt and future share issuance.
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