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Friday's Put/Call Ratio Leaders (NVS, STD, BPOP, GCI, MU)
Friday, December 10, 2010 - 1:12pm | 91Here is a quick peek at stocks that have abnormally high daily put/call ratios today relative to their average…. 1. Novartis AG (NYSE: NVS) 16,317 puts, 151 calls 2. Santander Finance Preferred (NYSE: STD) 3,813 puts, 395 calls 3. Popular Inc. (NASDAQ: BPOP) 39,144 puts, 4,816 calls 4. Gannett Co...
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BancFirst Corporation Completes Acquisition of Exchange Bancshares of Moore
Friday, December 10, 2010 - 12:08pm | 93BancFirst Corporation (Nasdaq: BANF) today announced that it has completed the previously announced acquisition of Exchange Bancshares of Moore, Inc., and its subsidiary bank, Exchange National Bank of Moore. Exchange National Bank of Moore has approximately $146 million in total assets, $57...
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Oppenheimer Comments On TCF Financial Corporation Following Management Meeting
Friday, December 10, 2010 - 10:50am | 157Oppenheimer's initial thoughts after meeting with senior management of TCF Financial (NYSE: TCB) were that the company moved quickly and aggressively in dealing with the challenges to their banking model, but there remains a relatively higher degree of uncertainty about the true earnings power of...
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Benzinga's Top Pre-Market NASDAQ Losers (GMCR, FSYS, BONA, HFWA)
Friday, December 10, 2010 - 9:48am | 141Green Mountain Coffee Roasters Inc (NASDAQ: GMCR) dipped 15.21% to $31.73 in the pre-market session. GMCR issued weaker-than-expected FQ1 earnings guidance. Fuel Systems Solutions Inc (NASDAQ: FSYS) lost 4.68% to $30.15 in the pre-market session. FSYS has priced its public offering of 2,000,000...
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Wilmington Trust Moves From S&P Mid Cap 400 To S&P Small Cap 600, KBW Reports
Friday, December 10, 2010 - 9:01am | 89After the close on 12/9, S&P announced that Wilmington Trust Corporation (NYSE: WL) will be removed from the S&P Mid Cap 400 Index and added to the S&P Small Cap 600 Index after the close on Friday, 12/17, KBW reports. “We estimate the amount of shares of WL that we believe will need to...
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Porter Bancorp, Inc. Declares Dividend of 1 Cent
Thursday, December 9, 2010 - 5:33pm | 45Porter Bancorp, Inc. (NASDAQ: PBIB), parent company of PBI Bank, announced today that its Board of Directors declared a cash dividend of $0.01 per share. The dividend is payable on January 3, 2011, to shareholders of record as of December 20, 2010.
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Nara Bancorp and Center Financial Announce Merger
Thursday, December 9, 2010 - 5:32pm | 150Nara Bancorp, Inc. (NASDAQ: NARA) and Center Financial Corporation (NASDAQ: CLFC) announced jointly today that they have entered into a definitive agreement to merge, forming the largest Korean-American bank in the United States. The combined company will be the only Korean-American bank with a...
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First Financial Bancorp to Pay Dividend of $.10
Thursday, December 9, 2010 - 5:06pm | 44First Financial Bancorp (Nasdaq: FFBC) announced today that its board of directors has declared a quarterly cash dividend of $0.10 per common share. The dividend will be payable on January 3, 2011 to shareholders of record as of December 19, 2010.
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FirstMerit Corp. Chairman Sells 15,000 Shares of FMER
Thursday, December 9, 2010 - 5:02pm | 56In a Form 4 filed earlier today, FirstMerit Corp. (NASDAQ: FMER) Chairman of the Board, Paul Greig, reported that he sold 15,000 shares of FMER on December 7th for an average price of $18.57. The transaction totaled $278,550. Mr. Greig owns 233,548 direct shares and 1,262 indirect shares of FMER....
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Quiet Action 12-09-2010
Thursday, December 9, 2010 - 4:05pm | 853Cusick's Corner In an effort to increase interest in our daily market commentary to those who had lost contact, we sent an email to more people than we intended on December 9, 2010. We apologize for any inconvenience that this may have caused. If you get and read Xpound already, you will still get...
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Options Brief: BB&T Corporation (BBT)
Thursday, December 9, 2010 - 11:29am | 102Shares of BB&T Corporation (NYSE: BBT) are higher on the session by 3.01%, trading at $26.34. Overall call volume is now running at 3.63x the daily average, with 23% of all calls traded being purchases on the offer. 15,945 contracts have traded on the session so far. BB&T Corporation is a...
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Top 4 NYSE Stocks In The Regional-Midwest Banks Industry With The Highest Dividend Yield (ONB, CMA, USB, MI)
Thursday, December 9, 2010 - 5:01am | 116Below are the top regional-midwest bank stocks on the NYSE in terms of dividend yield. Old National Bancorp (NYSE: ONB) has a dividend yield of 2.60%. ONB's shares closed at $11.11 yesterday. Comerica Incorporated (NYSE: CMA) has a dividend yield of 1.00%. CMA's shares closed at $40.06 yesterday....
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Regions Financial's New Risk Head - Analyst Blog
Wednesday, December 8, 2010 - 6:33pm | 561Regions Financial Corp. (RF) has named Matthew Lusco as the Chief Risk Officer yesterday. This appointment follows the exit of its three senior executives in the Risk management division last month. Lusco, 53, who has been named as senior executive vice president and Chief Risk Officer, will...
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Regions Financial's New Risk Head - Analyst Blog
Wednesday, December 8, 2010 - 6:09pm | 561Regions Financial Corp. (RF) has named Matthew Lusco as the Chief Risk Officer yesterday. This appointment follows the exit of its three senior executives in the Risk management division last month. Lusco, 53, who has been named as senior executive vice president and Chief Risk Officer, will...
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Heritage Financial Announces $45 Million Public Offering
Wednesday, December 8, 2010 - 5:14pm | 117Heritage Financial (Nasdaq: HFWA) announced today that it has commenced an underwritten public offering of $45 million of its common stock. The net proceeds from the offering will be used for general corporate purposes, which may include providing capital to support the organic growth of its...