Tom Henderson
- Local industry watchers are applauding last week's announcement that Midland-based Chemical Financial Corp. has agreed to buy Troy-based Talmer Bancorp Inc. for $1.1 billion.But Wall Street reaction has been mixed. New York City-based Keefe, Bruyette and Woods Inc. upgraded Talmer stock to outperform, while Raymond James & Co. and Atlanta-based FIG Partners downgraded it to perform.There was nothing mixed about the reaction of Richard Glass, a portfolio manager in the New York office of
Tom Henderson
- Local industry watchers are applauding last week's announcement that Midland-based Chemical Financial Corp. has agreed to buy Troy-based Talmer Bancorp Inc. for $1.1 billion.But Wall Street reaction has been mixed. New York City-based Keefe, Bruyette and Woods Inc. upgraded Talmer stock to outperform, while Raymond James & Co. and Atlanta-based FIG Partners downgraded it to perform.There was nothing mixed about the reaction of Richard Glass, a portfolio manager in the New York office of