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Enter Symbol:
 
Firstmerit Corporation (FMER) [hlAlert]

Rating:
Hold FMER

Firstmerit Corporation (FMER) rated Hold

Posted on: Thursday,  Nov 8, 2007  9:25 AM ET by Lehman Brothers

FirstMerit Corp (FMER)
rated Equal-weight by Lehman Brothers.

FirstMerit Corporation (FirstMerit) is a bank holding company. FirstMerit?s principal business consists of owning and supervising its affiliates. Through its subsidiaries, the Company operates primarily as a line of business banking organization, providing a range of banking, fiduciary, financial, insurance and investment services to corporate, institutional and individual customers throughout northern and central Ohio, and western Pennsylvania. The Company?s major lines of business are commercial, retail, wealth and other. FirstMerit?s banking subsidiary is FirstMerit Bank, N.A (FirstMerit Bank). As of December 31, 2008, FirstMerit Bank operated a network of 163 full service banking offices and 188 automated teller machines.

Lehman Brothers Holdings Inc. has filed for bankruptcy protection in the U.S.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
11/8/2007 9:25 AM Hold
None
19.26
as of 12/24/2008
1 Week up  0.34 %
1 Month up  12.70 %
3 Months up  22.81 %
1 YTD down  -2.23 %

(*) Stock Price at the time of the recommendation.
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