Core Points - The Ademi Firm is investigating Blue Foundry for potential breaches of fiduciary duty related to its transaction with Fulton Financial [1] - Blue Foundry shareholders will receive 0.6500 shares of Fulton common stock for each share, valuing Blue Foundry at $11.67 per share based on Fulton's share price of $17.96 [2] - The transaction agreement imposes significant penalties for accepting competing bids, raising concerns about the Blue Foundry board's fiduciary duties [3] Company Specifics - The transaction values Blue Foundry at approximately $11.67 per share, indicating a significant valuation based on the exchange ratio with Fulton Financial [2] - Blue Foundry insiders are set to receive substantial benefits as part of the change of control arrangements, which may raise questions about the fairness of the deal for public shareholders [2] Legal and Regulatory Concerns - The investigation focuses on whether the Blue Foundry board is fulfilling its fiduciary duties to all shareholders, particularly in light of the penalties imposed on competing bids [3] - The Ademi Firm specializes in shareholder litigation involving mergers and buyouts, indicating a broader context of scrutiny in similar transactions [4]

Let's get the opening bell this morning in this NBC real time exchange with a big board. It's Deutsche celebrating Hispanic Heritage Month at the NASDAQ. It's Fulton Financial celebrating its 40th anniversary as we're entering the week with the S&P up five of six weeks.Jim Triple Q's going for nine straight days of gains. Look at King Cook said that he felt that AI is indeed the most important fundamental change in his life is AI. I think that AI is driving a lot of this.You take a look at that announced a ...

Company Overview - Fulton Financial (FULT) is a financial holding company based in Lancaster, operating in the Finance sector with a year-to-date share price change of -5.29% [3] - The company currently pays a dividend of $0.18 per share, resulting in a dividend yield of 3.94%, which is higher than the Banks - Northeast industry's yield of 2.89% and the S&P 500's yield of 1.57% [3] Dividend Information - Fulton Financial's annualized dividend of $0.72 has increased by 4.3% compared to the previous year [4] - Over the past five years, the company has raised its dividend four times, achieving an average annual increase of 7.12% [4] - The current payout ratio stands at 39%, indicating that the company distributes 39% of its trailing 12-month earnings per share as dividends [4] Earnings Growth - The Zacks Consensus Estimate for Fulton Financial's earnings per share for 2025 is projected at $1.87, reflecting a year-over-year growth rate of 1.08% [5] Investment Appeal - Fulton Financial is recognized as an attractive dividend investment opportunity, holding a Zacks Rank of 1 (Strong Buy) [7]