SOVEREIGN BANCORP SOV (NYSE)

(NEW YORK)The outlook in consumer finance is bleak, Moody's Investors Service said in a report Tuesday, as the economy has likely slipped into recession and lenders struggle with bad credit....READ MORE

(NEW YORK)An analyst upgraded Sovereign Bancorp Inc. Tuesday morning after the bank said it would sell stocks and bonds to raise $1.5 billion in much-needed capital.READ MORE

(WYOMISSING, Pa.)Sovereign Bank Inc.'s savings bank subsidiary said Tuesday it priced a $500 million offering of fixed-rate subordinated notes. The notes have a coupon on 8.75 percent and matu...READ MORE

(PHILADELPHIA)Sovereign Bancorp Inc., the nation's third-largest savings and loan, said Monday that its two biggest shareholders are planning to boost their investment in the company as it seeks...READ MORE

(NEW YORK)Shares of Sovereign Bancorp jumped Monday after the bank unveiled plans to raise $1.5 billion by selling stock and bonds. Analysts said the plan could help alleviate concerns about...READ MORE

(NEW YORK)Stocks that are moving substantially or trading heavily Friday on the New York Stock Exchange and the Nasdaq Stock Market: NYSEREAD MORE

(NEW YORK)A report that Sovereign Bancorp Inc. will raise up to $2 billion to offset losses on troubled loans led an analyst to boost his rating, but cut estimates on Friday.READ MORE