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Jim Cramer Return Risk +9.88% MID Tracked Blogger Profile & Performance Subscribe to author

Symbol Sentiment Start Return Closed FNFG 07/28/09 +15.45% -- PNC 07/28/09 +11.74% 09/04/09 HNBC 07/28/09 +25.37% -- WBS 07/28/09 +60.47% -- Via BloggingStocks:   Filed under: Market matters, Stocks to Buy, Cramer on BloggingStocks From TheStreet.com Network Cramer's 'Stop Trading!': Merger Mania UBS Suspends Buying of Leveraged ETFs TheStreet.com's Jim Cramer says its acquisition of Harleysville could make it a great regional player in the East. When we look back at the coming great banking consolidation making a host of new colossuses, we will think about First Niagara's (NASDAQ: FNFG) (Cramer's Take) acquisition of Harleysville National (NASDAQ: HNBC) (Cramer's Take) announced on a sleepy Monday near the end of July 2009. First Niagara, a Lockport, N.Y., bank, earlier this year received a gift from the FDIC -- a big chunk of PNC Financial (NYSE: PNC) (Cramer's Take) branches -- made necessary because PNC had too much market power courtesy of its now seemingly disastrous acquisition of National City. That move gave First Niagara a foothold in western Pennsylvania to complement its New York base. Continue reading Cramer on BloggingStocks: First Niagara -- the model stock to own Cramer on BloggingStocks: First Niagara -- the model stock to own originally appeared on BloggingStocks on Tue, 28 Jul 2009 10:00:00 EST. Please see our terms for use of feeds. Permalink | Email this | Comments   Read the rest of original post »

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