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SVB Financial Group Promotes Greg Becker to CEO
Thursday, January 20, 2011 - 5:22pm | 59SVB Financial Group (Nasdaq: SIVB) announced today that effective April 21, 2011, its President Greg Becker will assume the role of Chief Executive Officer. CEO Ken Wilcox, will become Chairman of Silicon Valley Bank, and will focus exclusively on the company's operations in China, with a priority...
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1st Source Corporation Reports Q4 EPS of $.25; Increases Dividend to $.16
Thursday, January 20, 2011 - 5:14pm | 1531st Source Corporation (Nasdaq: SRCE), parent company of 1st Source Bank, today announced fourth quarter net income of $12.57 million, up 101.94% compared to $6.22 million in the fourth quarter of 2009. For the year of 2010, net income was $41.24 million, an increase of 61.80% over the $25.49...
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PNC Runs Ahead of Estimates - Analyst Blog
Thursday, January 20, 2011 - 4:31pm | 1172PNC Financial Services Group Inc.'s (PNC) fourth-quarter adjusted earnings of $1.60 per share were ahead the Zacks Consensus Estimate of $1.40. Results also compare favorably with adjusted earnings of $1.56 in the prior quarter and 90 cents in the prior-year quarter. Adjusted earnings for the...
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Huntington Bancshares Posts Profit - Analyst Blog
Thursday, January 20, 2011 - 4:01pm | 1470Huntington Bancshares Inc. (HBAN) reported fourth quarter 2010 profit of $122.9 million or 5 cents per share. The results included a one-time reduction of 7 cents per share for the deemed dividend resulting from the repurchase of $1.4 billion in TARP capital in December. The Zacks Consensus...
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PNC Runs Ahead of Estimates - Analyst Blog
Thursday, January 20, 2011 - 3:59pm | 1172PNC Financial Services Group Inc.'s (PNC) fourth-quarter adjusted earnings of $1.60 per share were ahead the Zacks Consensus Estimate of $1.40. Results also compare favorably with adjusted earnings of $1.56 in the prior quarter and 90 cents in the prior-year quarter. Adjusted earnings for the...
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Fidelity Southern Corporation Reports Q4 EPS of $.18
Thursday, January 20, 2011 - 3:26pm | 115Fidelity Southern Corporation (Nasdaq: LION), holding company for Fidelity Bank, reported net income of $3.0 million for the fourth quarter of 2010 compared to net income of $1.9 million for the fourth quarter of 2009. After accounting for the TARP preferred dividend, basic and diluted income per...
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Huntington Bancshares Posts Profit - Analyst Blog
Thursday, January 20, 2011 - 3:23pm | 1470Huntington Bancshares Inc. (HBAN) reported fourth quarter 2010 profit of $122.9 million or 5 cents per share. The results included a one-time reduction of 7 cents per share for the deemed dividend resulting from the repurchase of $1.4 billion in TARP capital in December. The Zacks Consensus...
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Regions Declares Quarterly Dividend of $.01
Thursday, January 20, 2011 - 3:15pm | 37The Regions Financial Corporation (NYSE: RF) Board of Directors has declared a quarterly cash dividend of 1 cent per common share, payable April 1, 2011, to stockholders of record as of March 18, 2011.
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Most Thriving Gainers on NASDAQ; (FFKT), (MOBI), (PNBC), (ZNWAW), (ASGR)
Thursday, January 20, 2011 - 3:07pm | 594Company Snapshot: Sky-mobi Limited (NasdaqGM: MOBI) POINT ROBERTS, Wash., January 20, 2011 - www.InvestorIdeas.com, a global investor research portal for independent investors, reports on advanced gainers trading on the NASDAQ.com. Top gainers included (FFKT), (MOBI), (PNBC), (ZNWAW) and (ASGR)....
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Marshall & Ilsley's Loss Narrows - Analyst Blog
Thursday, January 20, 2011 - 3:01pm | 766Marshall & Ilsley Corporation's (MI) fourth quarter 2010 loss of 25 cents per share was just a penny higher than the Zacks Consensus Estimate of a loss of 24 cents. However, the loss significantly narrowed from 54 cents reported in the year-ago quarter. Results for the reported quarter...
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Puts Purchased on Sterling Bancshares (SBIB)
Thursday, January 20, 2011 - 2:40pm | 150Shares of Sterling Bancshares (NASDAQ: SBIB) are higher on the session by 1.59%, currently trading at $8.96. The stock has been moving largely higher over the past six months and it is currently trading above the 50-day and 200-day moving averages. Options traders are buying puts on the name today...
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Marshall & Ilsley's Loss Narrows - Analyst Blog
Thursday, January 20, 2011 - 2:16pm | 766Marshall & Ilsley Corporation's (MI) fourth quarter 2010 loss of 25 cents per share was just a penny higher than the Zacks Consensus Estimate of a loss of 24 cents. However, the loss significantly narrowed from 54 cents reported in the year-ago quarter. Results for the reported quarter...
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Peapack-Gladstone Financial Corporation Declares Dividend of 5 Cents
Thursday, January 20, 2011 - 1:04pm | 48Peapack-Gladstone Financial Corporation (NASDAQ: PGC) announced today that its Board of Directors has declared a regular quarterly cash dividend of $0.05 per share on its common stock. The dividend will be paid on February 17, 2011, to shareholders of record as of February 3, 2011.
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Puts Purchased on Marshall & Ilsley (MI)
Thursday, January 20, 2011 - 12:41pm | 125Shares of Marshall & Ilsley (NYSE: MI) are lower on the session by 0.98%, currently trading at $7.09. The stock has been moving largely higher over the past two months, though it is currently trading above the 50-day and 200-day moving averages. Options traders are buying puts on the name...
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Westamerica Bancorporation Reports Q4 EPS of $.81
Thursday, January 20, 2011 - 12:11pm | 68Westamerica Bancorporation (NASDAQ: WABC), parent company of Westamerica Bank, today reported fourth quarter 2010 net income applicable to common equity of $23.7 million, or $0.81 diluted earnings per share, compared to $23.7 million, or $0.81 EPS in the prior quarter, and $23.3 million, or $0.79...