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Keefe, Bruyette & Woods Reports On Sharecount Change At National Penn Bancshares (NPBC)
Thursday, January 13, 2011 - 1:50pm | 179Keefe, Bruyette & Woods released a report on sharecount changes at S&P. After the close of the market on Wednesday, January 12th, S&P announced sharecount changes for National Penn Bancshares (NASDAQ: NPBC). S&P will increase the sharecount and decrease the investable weight factor...
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First BanCorp Soars 17.4% (FBP)
Thursday, January 13, 2011 - 12:11pm | 142Shares of First BanCorp (NYSE: FBP) are currently up 17.4% at $7.43 per share during Thursday morning trading. Today's trading range for shares of First BanCorp has been between $6.30 and $7.50 per share. The consensus price target of analysts covering the company's stock is $8.58 per share. Volume...
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Bank of South Carolina Announces Earnings for 2010
Thursday, January 13, 2011 - 11:25am | 120The Bank of South Carolina Corporation, (Nasdaq: BKSC) announced earnings of $3,110,513 or $.70 per share, for the year ended December 31, 2010 - an increase of 66.35% from earnings for the year ended December 31, 2009 of $1,869,854 or $.43 per share. This increase is primarily the result of an...
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Commerce Bancshares Announces Fourth Quarter EPS of $.70
Thursday, January 13, 2011 - 10:09am | 141Commerce Bancshares, Inc. (NASDAQ: CBSH) announced earnings of $.70 per share for the quarter ended December 31, 2010 compared to $.57 in the fourth quarter of 2009 and $.64 per share in the previous quarter. Net income for the fourth quarter amounted to $61.9 million compared to $49.6 million in...
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Top 4 NASDAQ Stocks In The Regional-Pacific Banks Industry With The Highest Operating Margin (HAFC, FFNW, WABC, ZION)
Thursday, January 13, 2011 - 6:02am | 135Below are the top regional-pacific bank stocks on the NASDAQ in terms of operating margin. The trailing-twelve-month operating margin at Hanmi Financial Corporation (NASDAQ: HAFC) is 228.12%. HAFC had $282.30 million in total cash for the latest quarter. The trailing-twelve-month operating margin...
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U.S. Banks Stock Update - January 2011 - Zacks Analyst Interviews
Thursday, January 13, 2011 - 1:00am | 1986Although a major recovery in the asset markets has been witnessed in recent quarters, the outlook for the U.S. banking industry remains in question due to several negatives, including asset-quality troubles, the continuation of both residential and commercial real estate loan defaults and the...
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U.S. Banks Stock Update - January 2011 - Industry Outlook
Thursday, January 13, 2011 - 1:00am | 1986Although a major recovery in the asset markets has been witnessed in recent quarters, the outlook for the U.S. banking industry remains in question due to several negatives, including asset-quality troubles, the continuation of both residential and commercial real estate loan defaults and the...
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Benzinga's Top Performing Industries, January 12th (WCBO, PFBC, STD, DB, UBS, NVDA, UCCT, FBP, BBVA, HDB, ANW, CNAM)
Wednesday, January 12, 2011 - 7:31pm | 257Regional - pacific banks traded 9.32% higher today, as West Coast Bancorp (NASDAQ: WCBO) traded 4.69% higher. Preferred Bank (NASDAQ: PFBC) jumped 3.11%, and closed at $1.99. Foreign money center banks gained 4.66% on Wednesday, and in the space, Banco Santander, S.A. (ADR) (NYSE: STD) spiked 12.23...
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First BanCorp Ends Wednesday Up 14.1% (FBP)
Wednesday, January 12, 2011 - 5:20pm | 125Shares of First BanCorp (NYSE: FBP) ended the Wednesday trading session up 14.1% at $6.33 per share. The day's range for shares of First BanCorp was between $5.71 and $6.37 per share. Volume of 946,000 shares was far above the daily average volume of 278,000 shares. First BanCorp (FBP) is the...
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Glimcher Completes Share Offer - Analyst Blog
Wednesday, January 12, 2011 - 3:01pm | 538Glimcher Realty Trust (GRT), a real estate investment trust (REIT), has recently completed its secondary offering of 14.8 million common shares at $8.30 per share, including 1.8 million shares sold to the underwriters to cover the over-allotment options. BofA Merrill Lynch, the investment...
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Benzinga's Rumor Mill (PMCS, GXDX, STI, EXPE)
Wednesday, January 12, 2011 - 1:13pm | 221PMC-Sierra (NASDAQ: PMCS) is up 2% on the back of a potential buyout of the name. Options, specifically calls are seeing heavy volume today on the rumor. 4,700 calls have traded today, as opposed to 80 puts. PMC-Sierra engages in the design, development, marketing, and support of semiconductor...
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Glimcher Completes Share Offer - Analyst Blog
Wednesday, January 12, 2011 - 12:30pm | 538Glimcher Realty Trust (GRT), a real estate investment trust (REIT), has recently completed its secondary offering of 14.8 million common shares at $8.30 per share, including 1.8 million shares sold to the underwriters to cover the over-allotment options. BofA Merrill Lynch, the investment...
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Top Performing Industries For January 12 (STD, FBP, AFL, UBCP)
Wednesday, January 12, 2011 - 11:53am | 194At 10:32 am, the Dow gained 0.66% to 11,748.51, the broader Standard & Poor's 500 index moved up 0.65% to 1,282.74 and the NASDAQ composite index rose 0.43% to 2,728.60. The industries that are driving the market today are: Foreign Money Center Banks: This industry jumped 3.12% by 10:32 am. The...
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Top Performing Industries For January 12 (STD, FBP, AFL, UBCP)
Wednesday, January 12, 2011 - 11:35am | 194At 10:32 am, the Dow gained 0.66% to 11,748.51, the broader Standard & Poor's 500 index moved up 0.65% to 1,282.74 and the NASDAQ composite index rose 0.43% to 2,728.60. The industries that are driving the market today are: Foreign Money Center Banks: This industry jumped 3.12% by 10:32 am. The...
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Credit Suisse Initiates Outperform Rating on Huntington Bancshares (HBAN)
Wednesday, January 12, 2011 - 10:58am | 151Credit Suisse is out with a research report this morning, where it initiates its Outperform rating on Huntington Bancshares (NASDAQ: HBAN); it has a $9.00 price target on the stock. The CS analysts said that HBAN's clear and measurable path to growth, and its solid track record of execution in the...