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Princeton National Bancor Reports Q4 Loss of $4.86/Share
Wednesday, March 30, 2011 - 3:04pm | 18Princeton National Bancor (NASDAQ: PNBC) reports Q4 loss of $4.86/share.
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KeyCorp Completes Repurchase of TARP Capital (KEY)
Wednesday, March 30, 2011 - 1:02pm | 71KeyCorp (NYSE: KEY) announced today that it completed the repurchase of $2.5 billion of Fixed-Rate Perpetual Preferred Stock, Series B issued to the U.S. Department of the Treasury as a result of Key's participation in the Capital Purchase Program of the Troubled Asset Relief Program (TARP). The...
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Hawthorn Bancshares Reports FY 2010 EPS of $(1.24) vs. $0.66 Year Ago
Wednesday, March 30, 2011 - 10:21am | 99Hawthorn Bancshares Inc. (NASDAQ: HWBK), today reported financial results for the Company, and its main operating subsidiary, Hawthorn Bank, for the year ended December 31, 2010. The Company reported a net loss per diluted common share of $1.24 for the year ended December 31, 2010 compared to...
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Stocks With Bullish Technical Setups
Tuesday, March 29, 2011 - 6:26pm | 1656( click to enlarge ) Lululemon Athletica inc. (NASDAQ:LULU) hit a new 52-week high today, trading as high as $89.25, before settling at a close of $89.17. I'll be watching the stock on Wednesday, looking for a follow through move. As long as the stock stay above $84.31, the bullish scenario...
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MICROCAPITAL BRIEF: International Finance Corporation (IFC) Takes 15% Stake In Banque De L'Habitat Du Burkina Faso To Support Housing Finance
Tuesday, March 29, 2011 - 4:10pm | 189The International Finance Corporation (IFC), the private-investment arm of the World Bank Group, recently announced that it signed an agreement with Banque de L'Habitat du Burkina Faso (BHBF) through which IFC will purchase a 15-percent stake in BHBF for USD 600,000 to support housing finance. IFC...
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Camden National Corporation Announces Quarterly Dividend (CAC)
Tuesday, March 29, 2011 - 3:43pm | 37Camden National Corporation (NASDAQ: CAC) announced today that the Board of Directors of the Company declared a $0.25 per share dividend payable on April 29, 2011 for shareholders of record on April 15, 2011.
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UPDATE: Oppenheimer Color On FMER Upgrade
Tuesday, March 29, 2011 - 7:38am | 99Oppenheimer, which upgraded shares of FirstMerit Corporation (NASDAQ: FMER), is providing some color on the stock. “The stock has underperformed this year (-17% YTD vs. -2% for the NASDAQ bank index), and we feel the pullback provides an opportunity to own a high-quality $1.8B market cap bank with...
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Oppenheimer Upgrades FirstMerit Corporation To Outperform, $19 PT
Tuesday, March 29, 2011 - 7:00am | 25Oppenheimer has upgraded FirstMerit Corporation (NASDAQ: FMER) from Perform to Outperform and has established a $19 price target.
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Oppenheimer Ups FMER To Outperform
Tuesday, March 29, 2011 - 6:48am | 37Analysts at Oppenheimer upgrade FirstMerit Corporation (NASDAQ: FMER) from “perform” to “outperform.” FMER shares closed at $16.50 yesterday. More Analyst Ratings here
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PrivateBancorp Announces First Quarter 2011 Earnings Schedule
Monday, March 28, 2011 - 5:02pm | 70PrivateBancorp, Inc. (Nasdaq: PVTB) will hold its first quarter earnings conference call on April 26, 2011, at 11 a.m. ET (10 a.m. CT). The call will be available at (888) 782-9127 (U.S. and Canada) or (706) 634-5643 (International) and will be webcast live via the "First Quarter 2011 Earnings...
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Sterne Agee Comments On Wintrust Financial Corporation
Monday, March 28, 2011 - 9:34am | 169Wintrust Financial Corporation (NASDAQ: WTFC) purchased $163 million of assets at a discount of 14%, or ~$23.5 million. Sterne Agee estimates that the failed bank acquisition will benefit WTFC's TBVPS by $0.10 and EPS by $0.03. WTFC entered into a loss share agreement with the FDIC on $145.7...
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Credit Suisse Upgrades SIVB To Outperform
Monday, March 28, 2011 - 8:56am | 96Credit Suisse has upgraded SVB Financial Group (NASDAQ: SIVB) from Neutral to Outperform. According to Credit Suisse, "Overwhelmingly Positive Results from our Survey of Technology and Venture Capital Professionals: Our survey, combined with the Credit Suisse Technology teams view of healthy tech...
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Credit Suisse Upgrades SVB Financial To Outperform, PT To $61
Monday, March 28, 2011 - 8:37am | 29Credit Suisse has upgraded SVB Financial Group (NASDAQ: SIVB) from Neutral to Outperform and has raised the price target from $51 to $61.
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Wunderlich Securites Maintains HOMB Buy Rating
Monday, March 28, 2011 - 8:25am | 92Wunderlich Securities has reiterated a Buy Rating for Home Bancshares Inc (NASDAQ: HOMB). Wunderlich Securities writes, "Last week, we hosted investor meetings with management of HOMB in the Mid-Atlantic. The tone of these meetings was very upbeat, as management's outlook incorporates increasing...
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Raymond James Upgrades BB&T Corporation To Strong Buy, PT To $33
Monday, March 28, 2011 - 8:10am | 30Raymond James has upgraded BB&T Corporation (NYSE: BBT) from Outperform to Strong Buy and has raised the price target from $32 to $33.