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Morning Market Movers
Thursday, September 19, 2013 - 10:28am | 127Prospect Global Resources (NASDAQ: PGRX) moved up 37.10% to $5.09 after Sichuan Chemical issued $20 million strategic investment letter of intent to prospect Global Resources. Metrocorp Bancshares (NASDAQ: MCBI) jumped 28.11% to $13.90 after East West Bancorp (NASDAQ: EWBC) announced its plans to...
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East West Bancorp, MetroCorp Bancshares Announce Merger for $273M
Wednesday, September 18, 2013 - 5:01pm | 571East West Bancorp, Inc. (“East West”) (Nasdaq: EWBC), parent company of East West Bank, and MetroCorp Bancshares, Inc. (“MetroCorp”) (Nasdaq: MCBI), parent of MetroBank, N.A. and Metro United Bank, announced today that they have entered into a definitive agreement for the merger of MetroCorp into...
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Stocks Hitting 52-Week Highs
Thursday, August 15, 2013 - 10:36am | 145Fuwei Films (Holdings) Co (NASDAQ: FFHL) jumped 219.17% to touch a new 52-week high of $3.32 after the company announced the receipt of notice of proposed public auction of controlling interest. Martin Midstream Partners LP (NASDAQ: MMLP) shares reached a new 52-week high of $47.99 after the...
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Mercantile Bank Corporation and Firstbank Corporation to Merge
Thursday, August 15, 2013 - 7:30am | 739Mercantile Bank Corporation ("Mercantile") (NASDAQ: MBWM) and Firstbank Corporation ("Firstbank") (NASDAQ: FBMI) jointly announced today the signing of a definitive merger agreement under which Mercantile and Firstbank will merge to create one of the largest banking institutions headquartered in...
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Merchants Bancshares Annouces 0.28 dividend
Thursday, July 18, 2013 - 4:02pm | 320Merchants Bancshares, Inc. (NASDAQ: MBVT), the parent company of Merchants Bank, announced that its Board of Directors declared today, July 18th, 2013, a dividend of 28 cents per share, payable August 15th, 2013, to shareholders of record as of August 1st, 2013. This quarter represents our 67th...
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Mercantile Bank Raises Q3 2013 Cash Dividend to $0.12 from $0.11
Tuesday, July 16, 2013 - 6:15am | 54Mercantile Bank Corporation (NASDAQ: MBWM) announced third quarter cash dividend of $0.12 per common share, or a current annual yield of approximately 2.5 percent, up from second quarter dividend of $0.11 per common share See full press release
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Earnings Scheduled For July 16, 2013
Tuesday, July 16, 2013 - 5:06am | 472The Charles Schwab (NYSE: SCHW) is expected to report its Q2 earnings at $0.19 per share on revenue of $1.32 billion. Johnson & Johnson (NYSE: JNJ) is estimated to report its Q2 earnings at $1.39 per share on revenue of $17.71 billion. The Coca-Cola Company (NYSE: KO) is projected to report...
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Benzinga's M&A Chatter for Monday July 15, 2013
Monday, July 15, 2013 - 4:57pm | 376The following are the M&A deals, rumors and chatter circulating on Wall Street for Monday July 15, 2013: MB Financial to Acquire Taylor Capital for $22.00/Share The Deal:MB Financial (NASDAQ: MBFI) and Taylor Capital Group (NASDAQ: TAYC) announced Monday the signing of a merger agreement...
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Benzinga's Volume Movers
Monday, July 15, 2013 - 10:33am | 170Leap Wireless International (NASDAQ: LEAP) shares moved up 113.05% to $17.00. The volume of Leap Wireless shares traded was 5019% higher than normal. AT&T (NYSE: T) agreed to buy Leap Wireless for around $1.19 billion in cash. Taylor Capital Group (NASDAQ: TAYC) shares rose 21.39% to $21.62....
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Morning Market Movers
Monday, July 15, 2013 - 9:48am | 122Leap Wireless International (NASDAQ: LEAP) rose 115.16% to $17.17 after AT&T (NYSE: T) agreed to buy Leap Wireless for around $1.19 billion in cash. Inteliquent (NASDAQ: IQNT) shares jumped 33.99% to $8.16 after the company lifted its fiscal year view. Taylor Capital Group (NASDAQ: TAYC)...
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A Peek Into The Market Before The Trading Starts
Monday, July 15, 2013 - 7:23am | 405Pre-open movers US stock futures are higher this morning, as investors are awaiting earnings from Citigroup (NYSE: C). Futures for the Dow Jones Industrial Average surged 21 points to 15,390.00 and S&P 500 index futures rose 2.20 points to 1,672.50. Nasdaq 100 futures gained 5.50 points to 3,...
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MB Financial to Acquire Taylor Capital for $22.00/Share
Monday, July 15, 2013 - 5:52am | 137MB Financial (NASDAQ: MBFI) and Taylor Capital Group, Inc. (“Taylor Capital”) (NASDAQ: TAYC) announced the signing of a definitive merger agreement whereby MB Financial will acquire Taylor Capital. Taylor Capital is the holding company of Cole Taylor Bank, a...
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NewBridge Bancorp to Acquire Security Savings Bank
Thursday, June 13, 2013 - 4:20pm | 782NewBridge Bancorp (Nasdaq: NBBC), the parent company of NewBridge Bank, announced today the signing of a definitive agreement to acquire Security Savings Bank, a state mutual savings bank headquartered in Southport, N.C. Security Savings Bank operates six branches and one loan production office in...
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Merchants Bank Announces Promotion of Geoffrey Hesslink to Chief Operating Officer
Tuesday, May 21, 2013 - 1:15pm | 271Michael R. Tuttle, President and CEO of Merchants Bank (NASDAQ: MBVT), announced that Geoffrey R. Hesslink was appointed Chief Operating Officer. "I have had the great pleasure of working with Geoffrey for 20 years and have a deep appreciation for the partnership we have together," noted Mr....
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NewBridge Bancorp Announces the Repurchase of the Warrant From Treasury
Wednesday, May 15, 2013 - 4:15pm | 212NewBridge Bancorp (Nasdaq: NBBC) today announced that it has completed the repurchase of the warrant (the "Warrant") to purchase 2,567,255 shares of the company's common stock that was issued to the United States Department of the Treasury (the "Treasury") on December 12, 2008, as part of the...