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The First of Long Island Corporation Announces Quarterly Cash Dividend of $0.22/sh
Wednesday, December 22, 2010 - 10:46am | 64The First of Long Island Corporation (Nasdaq: FLIC) announced today the declaration of a fourth quarter cash dividend in the amount of 22 cents per share. This represents a 10% increase over the dividend of 20 cents per share declared in the same quarter last year. The dividend will be paid on...
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Hancock Holding Downgraded to Hold at Stifel Nicolaus
Wednesday, December 22, 2010 - 9:27am | 23Hancock Holding (NASDAQ: HBHC) is downgraded from a Buy to a Hold at Stifel Nicolaus.
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SIVB Announcement A Step In The Right Direction, J.P. Morgan Reports
Wednesday, December 22, 2010 - 9:11am | 149After the close, SVB Financial Group (NASDAQ: SIVB) announced it had signed an agreement to form a joint venture in China with Shanghai Pudong Development Bank, J.P. Morgan reports. “The transaction size is relatively small with SIVB planning to invest up to $75 million (at current exchange rates...
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Bank Stocks; Hancock Holding Company (Nasdaq:HBHC) and Whitney Holding Corporation (Nasdaq:WTNY) Combining to Form the Preeminent Gulf South Financial Institution
Wednesday, December 22, 2010 - 9:00am | 31GULFPORT, Miss. and NEW ORLEANS, La. - December 22, 2010 (Investorideas.com Newswire) - Hancock Holding Company (Nasdaq:HBHC), parent company of 112-year-old Hancock Bank, and Whitney Holding Corporation (Nasdaq:WTNY), founded in 1883
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Bank Stocks; Hancock Holding Company (Nasdaq:HBHC) and Whitney Holding Corporation (Nasdaq:WTNY) Combining to Form the Preeminent Gulf South Financial Institution
Wednesday, December 22, 2010 - 9:00am | 31GULFPORT, Miss. and NEW ORLEANS, La. - December 22, 2010 (Investorideas.com Newswire) - Hancock Holding Company (Nasdaq:HBHC), parent company of 112-year-old Hancock Bank, and Whitney Holding Corporation (Nasdaq:WTNY), founded in 1883
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FBR Capital Price Target Changes (NKE, CFFN, SBNY)
Wednesday, December 22, 2010 - 8:55am | 43FBR Capital makes price target changes on the following companies: Nike (NYSE: NKE) from $90 to $98. Capitol Federal (NASDAQ: CFFND) from $18.55 to $13. Signature Bank (NASDAQ: SBNY) from $48 to $54.
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FBR Initiates Coverage (WSBC, UBSI, ABCB, CHCO)
Wednesday, December 22, 2010 - 8:48am | 84FBR initiates Coverage on the following companies: Wes Banco (NASDAQ: WSBC) at Market Perform with a $20 price target. United Bankshares (NASDAQ: UBSI) at Market Perform with a $27 price target. Ameris Bancorp (NASDAQ: ABCB) at Market Perform with a $10.50 price target. City Holding Co (NASDAQ:...
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A Peek Into The Market Before The Trading Starts
Wednesday, December 22, 2010 - 8:45am | 500Pre-open movers US stock futures are mixed this morning, as investors are awaiting data on economic growth and existing home sales. Futures on the Dow Jones Industrial Average gained 4 points to 11,475.00 and S&P 500 index futures gained 0.30 point to 1,251. Nasdaq 100 futures fell 1.50 points...
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Wunderlich Securities Raising Price Target On Bank of the Ozarks (OZRK)
Wednesday, December 22, 2010 - 8:21am | 168Wunderlich Securities is raising its price target to $50 and is reiterating its Buy rating on shares of Bank of the Ozarks, Inc. (NASDAQ: OZRK). In a note sent to clients, Wunderlich writes, "We reiterate our Buy rating on shares of Bank of the Ozarks (OZRK) and we are raising our price target by $...
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Wunderlich Securities Raising Price Target On Columbia Banking System (COLB)
Wednesday, December 22, 2010 - 8:18am | 170Wunderlich Securities is reiterating its Buy rating and raising its price target to $25 from $21 on Columbia Banking System, Inc. (NASDAQ: COLB). In a note sent to clients, Wunderlich writes, "We reiterate our Buy rating on shares of Columbia Banking System (COLB), and we are raising our price...
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Wunderlich Raises PT On Columbia Banking System
Wednesday, December 22, 2010 - 7:21am | 23Wunderlich Securities has raised the price target on Columbia Banking System (NASDAQ: COLB) from $21 to $25.
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Wunderlich Raises PT On Bank Of The Ozarks
Wednesday, December 22, 2010 - 7:19am | 24Wunderlich Securities has raised the price target on Bank of the Ozarks (NASDAQ: OZRK) from $45 to $50.
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FBR Capital Initiates UBSI With Market Perform
Wednesday, December 22, 2010 - 7:04am | 52Analysts at FBR Capital initiate coverage of United Bankshares Inc (NASDAQ: UBSI) with a “market perform” rating. The target price for UBSI is set to $27. UBSI shares gained 3.26% to close at $28.50 yesterday. More Analyst Ratings here
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FBR Capital Opens CHCO With Market Perform
Wednesday, December 22, 2010 - 7:01am | 52Analysts at FBR Capital initiate coverage of City Holding Company (NASDAQ: CHCO) with a “market perform” rating. The target price for CHCO is set to $38. CHCO shares gained 2.15% to close at $37.13 yesterday. More Analyst Ratings here
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Fast Money Picks For December 22nd (BAC, USB, BP, BBT)
Tuesday, December 21, 2010 - 7:33pm | 163On CNBC's Fast Money, Tim Seymour suggested investors to buy Bank of America (NYSE: BAC). He likes its chart. Bank of America (BAC) jumped 2.85% today. Guy Adami recommended a long position in U.S. Bancorp (NYSE: USB). U.S. Bancorp (USB) gained 1.61% today, and closed at $26.56. It had a volume of...