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Morning Market Gainers
Tuesday, October 13, 2015 - 8:46am | 344Wausau Paper Corp. (NYSE: WPP) shares climbed 38.13 percent to $10.07 after the company agreed to be acquired by SCA for $10.25 per share. NewBridge Bancorp (NASDAQ: NBBC) gained 21.62 percent to $10.79 after the company agreed to be acquired by Yadkin Financial Corp (NYSE: YDKN) for $11.40...
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US Stock Futures Down; JPMorgan Earnings In Focus
Tuesday, October 13, 2015 - 6:31am | 432Pre-open movers US stock futures traded lower in early pre-market trade. Johnson & Johnson (NYSE: JNJ) and JPMorgan Chase & Co. (NYSE: JPM) are scheduled to report their quarterly earnings today. Futures for the Dow Jones Industrial Average dipped 64 points to 16,976.0, while the Standard...
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Yadkin Financial Corporation and NewBridge Bancorp Announce Signing of Definitive Merger Agreement, $11.40/Share, Aggregate Deal Size $456M
Tuesday, October 13, 2015 - 6:19am | 594Yadkin Financial Corporation (NYSE: YDKN) (or "Yadkin") and NewBridge Bancorp (NASDAQ: NBBC) (or "NewBridge") jointly announced today that they have entered into a definitive merger agreement, pursuant to which Yadkin will acquire NewBridge. The combination will strengthen Yadkin as the largest...
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Stocks Hitting 52-Week Highs
Wednesday, August 19, 2015 - 9:17am | 174Dot Hill Systems Corp. (NASDAQ: HILL) shares rose 86.97 percent to touch a new 52-week high of $9.69 as the company agreed to be acquired by Seagate Technology PLC (NASDAQ: STX) for $9.75 per share in cash. MRV Communications, Inc. (NASDAQ: MRVC) shares climbed 5.80 percent to reach a new 52-week...
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8 US Banking Stocks With Low NPAs & High Net Income Growth
Friday, January 9, 2015 - 4:22pm | 2566The NPA (non performing assets) to loans ratio is considered to be a measure to identify the overall quality of the bank's loan book. Today we have shortlisted 8 U.S banking stocks that have reported low NPA (Non Performing Assets) to loans ratio (<1.5%) during their latest reported...
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Benzinga's Top Initiations
Friday, August 15, 2014 - 9:01am | 160Analysts at Maxim Group initiated coverage on iGATE (NASDAQ: IGTE) with a Buy rating. The target price for iGATE is set to $52. iGATE's shares closed at $34.63 yesterday. Sandler O'Neill initiated coverage on shares of Mercantile Bank (NASDAQ: MBWM) with a Buy rating. The target price for...
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Sandler O'Neill Initiates Mercantile Bank At Buy
Friday, August 15, 2014 - 8:11am | 60Analysts at Sandler O'Neill initiated coverage on shares of Mercantile Bank (NASDAQ: MBWM) with a Buy rating. The target price for Mercantile Bank is set to $22.50. Mercantile Bank shares have declined 5.61% over the past 52 weeks, while the S&P 500 index has gained 18.08% in the same period....
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Events for the Week of Jul. 28th to Aug. 1st
Monday, July 28, 2014 - 5:13pm | 285Keefe, Bruyette & Woods Community Bank Investor Conference – Jul. 29 to Jul. 30 - New York City Companies to participate: OceanFirst Financial Corp. (NASDAQ: OCFC) German American Bancorp., Inc. (NASDAQ: GABC) CVB Financial Corp. (NASDAQ: CVBF) Flushing Financial Corporation (NASDAQ:...
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LNB Bancorp, Inc. Announces CFO Gary J. Elek to Retire And Will be Be Replaced By James H. Nicholson
Thursday, July 17, 2014 - 7:33am | 202Gary J. Elek, Executive Vice President and Chief Financial Officer, informed LNB Bancorp, Inc. (NASDAQ: LNBB) of his decision to retire from his employment with the Company in early 2015. In connection with his retirement, Mr. Elek will step down from his position as Chief Financial Officer of the...
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Mid-Morning Market Update: Markets Open Lower; Lennar Profit Tops Estimates
Thursday, June 26, 2014 - 9:10am | 734Following the market opening Thursday, the Dow traded down 0.60 percent to 16,765.61 while the NASDAQ tumbled 0.59 percent to 4,353.79. The S&P also fell, dropping 0.59 percent to 1,947.89. Leading and Lagging Sectors Telecommunications services shares declined by just 0.05 percent in...
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Benzinga's Top Downgrades
Thursday, June 26, 2014 - 8:17am | 101Analysts at B Riley downgraded Estee Lauder Companies (NYSE: EL) from “buy” to “neutral.” The target price for Estee Lauder Companies has been lowered from $88 to $81. Estee Lauder Companies' shares closed at $75.00 yesterday. Analysts at ISI Group downgraded Hawaiian Electric Industries (NYSE: HE...
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Earnings Scheduled For January 15, 2014
Wednesday, January 15, 2014 - 4:18am | 316Bank of America (NYSE: BAC) is projected to report its Q4 earnings at $0.20 per share on revenue of $22.31 billion. Fastenal Company (NASDAQ: FAST) is expected to report its Q4 earnings at $0.34 per share on revenue of $813.25 million. CSX (NYSE: CSX) is projected to report its Q4 earnings at $0....
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Mary Leigh McDaniel Elected To Board of Directors Of Middleburg Financial Corporation And Middleburg Bank
Thursday, December 26, 2013 - 4:00pm | 334Middleburg Financial Corporation (NASDAQ: MBRG) announced that Mary Leigh McDaniel has joined its Board of Directors and the Board of its subsidiary, Middleburg Bank. Ms. McDaniel is partner in the public accounting firm of Updegrove, Combs & McDaniel, PLC, a full service accounting firm that...
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Benzinga's Top Initiations
Wednesday, November 27, 2013 - 8:18am | 154Deutsche Bank initiated coverage on shares of Altisource Residential (NYSE: RESI) with a “buy” rating. The target price for Altisource Residential is set to $31. Altisource Residential's shares closed at $27.75 yesterday. Sterne Agee initiated coverage on shares of Merchants Bancshares (NASDAQ:...
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NewBridge Bancorp Receives Regulatory Approvals to Acquire Security Savings Bank
Friday, September 20, 2013 - 2:02pm | 209NewBridge Bancorp (NASDAQ: NBBC) announced today that it has received the necessary regulatory approvals to enable NewBridge Bank ("NewBridge") to complete its supervisory acquisition of Security Savings Bank, SSB, ("Security Savings") of Southport, North Carolina, a mutual savings bank with six...