Regional Banks

Allot Communications Ltd (NASDAQ: ALLT) dipped 5.95% to $16.90 in the pre-market session. ALLT's trailing-twelve-month ROE is -5.72%. Huntington Bancshares Incorporated (NASDAQ: HBAN) dropped 0.60% to $6.59 in the pre-market trading. HBAN's PEG ratio is 1.85. Teva Pharmaceutical Industries...

Pacific Mercantile Bancorp (Nasdaq: PMBC) today reported that the holders of a total of 121,550 of the 126,550 outstanding shares the Company's Series A Convertible 10% Cumulative Preferred Stock, which the Company sold in a private placement completed in 2010, have converted their Series A Shares...

Pacific Mercantile Bancorp (Nasdaq: PMBC) today reported that the holders of a total of 121,550 of the 126,550 outstanding shares the Company's Series A Convertible 10% Cumulative Preferred Stock, which the Company sold in a private placement completed in 2010, have converted their Series A Shares...

Wunderlich Securities reiterated its Buy rating on Bank of the Ozarks (NASDAQ: OZRK). At the same time, Wunderlich left its price target on the company's stock unchanged at $57. On Friday, OZRK added 1.44% to its value to end the week at $52.81.

Merger activity increased last week with four new deals announced and twelve closing. You can find all the active deals listed below in our Merger Arbitrage Tool that automatically updates itself during market hours. Deal Statistics: Total Number of Deals Closed in 2011 116 Total Number of...

Merger activity increased last week with four new deals announced and twelve closing. You can find all the active deals listed below in our Merger Arbitrage Tool that automatically updates itself during market hours. Deal Statistics: Total Number of Deals Closed in 2011 116 Total Number of...

Life is good at the top, isn't it? In a time when millions of Americans are unemployed and millions more are vastly underemployed, the very top of the food chain — corporate CEOs — raked in some pretty ridiculous cash. How ridiculous? You could take the top 299 CEOs most recent compensation and,...

Bank of the Ozarks, Inc. (NASDAQ: OZRK) announced its Board of Directors has approved a regular quarterly cash dividend of $0.19 per common share payable July 22, 2011 to shareholders of record as of July 15, 2011. The dividend of $0.19 per share represents an increase of $0.01 per share, or 5.56...

United Security Bancshares, Inc. (NASDAQ: USBI) today announced that R. Terry Phillips has resigned as President and Chief Executive Officer of the Company and the Company's wholly-owned subsidiary, First United Security Bank, and as a member of the Board of Directors of the Company and the Bank,...

According to Oppenheimer, Citizens Republic Bancorp (NASDAQ: CRBC) shares declined 20% in June and 22% in 2Q11, underperforming the NASDAQ Bank index which fell 2% and 3%, respectively. Oppenheimer said that, given the recent underperformance of CRBC shares, it views the pullback as an opportunity...

According to Keefe, Bruyette & Woods, TCF Financial (NYSE: TCB) earnings estimates are updated. Keefe, Bruyette & Woods said that it believes the Federal Reserve's final rule on debit card interchange fees represented a positive event for TCB as the cap rate of $0.24/transaction was above...

Waccamaw Bankshares, Inc. (NASDAQ: WBNK) today said it will appeal a decision that would result in its common stock being de-listed from the NASDAQ Global Market. In a letter to Waccamaw officials on June 24 the Listing Qualifications Department of NASDAQ said it was denying the company's request...

Volcano Corporation (NASDAQ: VOLC) shares rose 1.79% to create a new 52-week high of $32.38. VOLC's trailing-twelve-month revenue is $308.57 million. State Bancorp Inc (NASDAQ: STBC) shares gained 0.98% to create a new 52-week high of $13.44. STBC's trailing-twelve-month operating margin is 34.88...

Shares of Zions Bancorporation (NASDAQ: ZION) are lower on the session by 0.17%, trading at $24.05. Overall call volume is now running at 2.04x the daily average, with 4% of all calls traded being purchases on the offer. 2,513 contracts have traded on the session so far. Zions Bancorporation is...

Syntroleum Corporation (NASDAQ: SYNM) dipped 25.76% to $1.47 at 9:55 am. SYNM announced pricing of underwritten public offering of 15,900,000 shares of its common stock. Cell Therapeutics Inc (NASDAQ: CTIC) shares dropped 14.80% to $1.67. CTIC entered into an agreement to sell $30M of shares of...