Regional Banks

Investors Bancorp Inc (NASDAQ: ISBC) announced its plans to acquire Brooklyn Federal Bancorp Inc (NASDAQ: BFSB) for $0.80 per share or around $10.3 million in the aggregate. Shares of Cyanotech Corporation (NASDAQ: CYAN) rose about0.5% as the company named Jole Deal as Chief Financial Officer,...

(NASDAQ: ANCX) announced today that it has declined to participate in the U.S. Department of Treasury Small Business Lending Fund (the “Fund”). The Company received approval from the U.S. Department of Treasury on July 19, 2011 for participation in the Small Business Lending Fund for an amount of...

Access National Corporation (NASDAQ: ANCX) announced today that it has declined to participate in the U.S. Department of Treasury Small Business Lending Fund. The Company received approval from the U.S. Department of Treasury on July 19, 2011 for participation in the Small Business Lending Fund...

Pacific Continental Corporation (Nasdaq: PCBK) today announced the board of directors approved a quarterly cash dividend of $0.03 per share payable September 15, 2011, to shareholders of record on September 5, 2011. The $0.03 per share dividend is an increase of $0.02 per share over the company's...

Morgan Stanley (NYSE: MS) moved up 2.46% to $17.49 in the pre-market session. MS' trailing-twelve-month revenue is $31.56 billion. Abercrombie & Fitch Co (NYSE: ANF) added 1.38% to $72.00 in the pre-market session. ANF reported a 64% surge in its fiscal second-quarter profit. Regions...

Investors Bancorp, Inc. (NASDAQ: ISBC) and Brooklyn Federal Bancorp, Inc. (NASDAQ: BFSB) announced the signing of a definitive merger agreement under which Investors Bancorp, Inc. will acquire Brooklyn Federal Bancorp, Inc. for $0.80 per share or approximately $10.3 million in the aggregate. In...

Flagstar Bancorp (NYSE: FBC) today announced that it has signed a definitive agreement to divest its 22-branch retail bank franchise in Indiana to First Financial Bancorp (Nasdaq: FFBC) for a consideration equal to a 7 percent premium based on the actual level of consumer and commercial deposits at...

First Financial Bancorp (Nasdaq: FFBC) announced that its wholly-owned subsidiary, First Financial Bank, has signed a purchase and assumption agreement to acquire all 22 of the retail banking branches of Flagstar Bank, FSB located in Indiana. The deposits associated with Flagstar's Indiana...

The Board of Directors of Southside Bancshares, Inc., (Nasdaq: SBSI), parent company of Southside Bank approved a $0.01 or 5.9% increase in the quarterly cash dividend to $0.18. "The Board believes the increase is appropriate given Southside's financial performance," stated, B. G. Hartley,...

Suffolk Bancorp (NASDAQ: SUBK), today announced that, on August 11, 2011, as expected, it received a letter from NASDAQ that Suffolk was not in compliance with NASDAQ Marketplace Rule 5250(c)(1) due to Suffolk's previously announced delay in filing its Quarterly Report on Form 10-Q for the period...

Dendreon (NASDAQ: DNDN) +19.75% on a positive blog post regarding J and Q codes. VirnetX (NYSE: VHC) +19.73% on positive comments by Cowen. Velti (NASDAQ: VELT) +13.53 - hearing the company was mentioned positively by ThinkEquity. SemGroup (NASDAQ: SEMG) +10.09% after the company announced its...

Impax Laboratories (NASDAQ: IPXl) +10.54% after announcing positive topline results of ASCEND-PD phase III study of IPX066 in advanced Parkinson's disease. Cathay General Bancorp (NASDAQ: CATY) +11.21% - hearing that the company was upgraded to Outperform at RBC Capital Markets. Green Dot...

Impax Laboratories Inc (NASDAQ: IPXL) shares surged 11.79% to $18.78 at 10:24 am. The volume of IPXL shares traded was 203% higher than normal. IPXL and GlaxoSmithKline (NYSE: GSK) announced positive top-line results of the ASCEND-PD Phase III clinical study of IPX066 in patients with advanced...

Motorola Mobility Holdings Inc (NYSE: MMI) shares rose 57.13% to create a new 52-week high of $38.45. Google Inc (NASDAQ: GOOG) announced its plans to buy Motorola Mobility for $12.5 billion in cash. Micronetics Inc (NASDAQ: NOIZ) shares gained 2.74% to create a new 52-week high of $6.37. NOIZ...

Stifel Nicolaus has upgraded AmerisourceBergen Corporation (NYSE: ABC) and BOK Financial Corporation (NASDAQ: BOKF) from Hold to Buy and has established price targets of $49 and $56, respectively.