Morning Movers 11/09: EWBC, CVM, REV, CGEN, RSH Higher; CHDX, SRZ, GTN, RPRX, VSR Lower - Street Insider

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Morning Movers 11/09: EWBC, CVM, REV, CGEN, RSH Higher; CHDX, SRZ, GTN, RPRX, VSR Lower
Nov 09, 2009 03:47 PM UTC

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Via StreetInsider.com News Articles:

East West Bancorp, Inc. (NASDAQ: EWBC) <font>49.1% HIGHER;</font> announced today that it has acquired the banking operations of San Francisco, California based United Commercial Bank in a FDIC assisted transaction. Under the terms of the transaction, East West will receive $10.4 billion in assets, including $7.7 billion in loans, and assume $9.2 billion in liabilities, including $6.5 billion in deposits of UCB. The FDIC and East West have entered into a loss sharing agreement covering substantially all acquired loans. The stock was also upgraded to Hold at Sandler O'Neill.

Chindex International, Inc (NASDAQ: CHDX) <font>22.9% LOWER;</font> reports Q3 EPS

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