-
BB&T Among The First Large Banks To Increase Dividend To $0.16
Friday, March 18, 2011 - 11:25am | 103The board of directors of BB&T Corporation (NYSE: BBT) today declared a 1-cent increase in the 2011 second-quarter dividend, as well as a special 1-cent dividend. After a review of BB&T's capital plan and projections under very rigorous scenarios, the Federal Reserve today did not object to...
-
IBERIABANK Corporation to Announce First Quarter Results
Friday, March 18, 2011 - 9:06am | 41IBERIABANK Corporation (NASDAQ: IBKC), announced today that it will release first quarter 2011 results after the close of business on Tuesday, April 26, 2011, and follow with a conference call the next morning.
-
Keefe, Bruyette And Woods Upgrade Fifth Third To Outperform (FITB)
Friday, March 18, 2011 - 8:47am | 115Keefe, Bruyette And Woods upgraded Fifth Third Bancorp (NASDAQ: FITB) from Market Perform to Outperform and raised Fifth Third's price target to $16 in a research report published today. In the report, Keefe, Bruyette And Woods states, "We also believe there is potential for a dividend increase...
-
Stock Market alerts for Friday Mar 18
Thursday, March 17, 2011 - 5:02pm | 2232( click to enlarge ) Extremely bullish moves on Golar LNG Limited (NASDAQ:GLNG) are taking place over the last session's. The stock hit a high of $24.09, which is now resistance for friday's continuation move. If the stock can break through resistance, we should see another strong upside move...
-
Independent Bank Corp. Announces 6% Increase in Dividend to $0.19
Thursday, March 17, 2011 - 4:13pm | 50The Board of Directors of Independent Bank Corp. (NASDAQ: INDB), parent of Rockland Trust Company, today announced a $0.19 per share dividend which will be payable on April 8, 2011, to stockholders of record as of the close of business on March 28, 2011.
-
Morning Market Movers (UCBI, MAXY, SWS, FTK)
Thursday, March 17, 2011 - 9:53am | 147United Community Banks Inc (NASDAQ: UCBI) shares surged 30.72% to $2.00 at 9:52 am. UCBI announced its plans to raise $380 million in capital and offload $435 million in bad assets. Maxygen Inc (NASDAQ: MAXY) shares advanced 26.76% to $5.21. Astellas Pharma Inc announced its plans to purchase...
-
Sun Bancorp, Inc. Public Offering Priced at $3.00 per Share
Thursday, March 17, 2011 - 9:31am | 90Sun Bancorp, Inc. (Nasdaq: SNBC) announced today the pricing of an underwritten public offering of 25,000,000 shares of common stock at a public offering price of $3.00 per share. After deducting the underwriting discount and estimated offering expenses payable by the company, Sun expects to...
-
KBW Reiterates Market Perform on Wilshire Bancorp (WIBC)
Thursday, March 17, 2011 - 9:16am | 105KBW is out with its report today on Wilshire Bancorp (NASDAQ: WIBC), reiterating Market Perform. In a note to clients, KBW writes, "Following the conclusion of an extensive investigation into the activities of a senior lender and marketing officer of the bank, Wilshire Bancorp restated their 2010...
-
S&T Bancorp Announces Revised 2010 EPS, Sterne Agee Maintains Neutral Rating
Thursday, March 17, 2011 - 8:45am | 134Sterne Agee has published a research report on S&T Bancorp (NASDAQ: STBA) after the company announced revised 4Q and 2010 EPS. In the report, Sterne Agee writes "On March 15, 2011, S&T announced a revision to its previously announced 4Q10 EPS. Subsequent to the earnings announcement, S...
-
Benzinga's Top Pre-Market NASDAQ Losers (SANM, THQI, HSOL, SNBC)
Thursday, March 17, 2011 - 8:18am | 128Sanmina-SCI Corporation (NASDAQ: SANM) dipped 16.94% to $11.13 in the pre-market session. SANM issued weaker-than-expected Q2 projections. THQ Inc (NASDAQ: THQI) fell 4.97% to $4.40 in the pre-market session. THQI sold 375,000 copies of its new video game, "Homefront" on the 1st day in North...
-
LBAI Repaid 51% Of Remaining TARP Capital, KBW Reports
Thursday, March 17, 2011 - 7:55am | 91Lakeland Bancorp Inc. (NASDAQ: LBAI) announced intraday that it has repaid $20 million or 51% of its remaining TARP capital, KBW reports. “This comes as the company's second partial repayment of TARP without issuing shares with the first coming in 3Q10 of equal amount,” KBW writes. “The payment...
-
KBW Comments On UCBI Common And Convertible Preferred Stock
Thursday, March 17, 2011 - 7:29am | 77United Community Banks, Inc. (NASDAQ: UCBI) had several significant developments after the close last night as the company finally unveiled its capital plan, KBW reports. “UCBI raised $380 million in common and convertible preferred stock at $1.90 per share and announced the plans to accelerate the...
-
Trading Halted: United Community Banks, News Pending
Wednesday, March 16, 2011 - 5:01pm | 19Trading Halted: United Community Banks (NASDAQ: UCBI), news pending
-
National Penn Bancshares, Inc. Redeems Its $150M of Preferred Stock Issued Under TARP Capital Purchase Program
Wednesday, March 16, 2011 - 4:14pm | 67National Penn Bancshares, Inc. (Nasdaq: NPBC) today announced that it redeemed the entire $150 million of National Penn Series B Preferred Stock issued to the U.S. Treasury under its TARP Capital Purchase Program for $150.6 million, including approximately $650,000 of accrued and unpaid dividends...
-
Bridge Capital Holdings Completes TARP Repayment
Wednesday, March 16, 2011 - 4:12pm | 82Bridge Capital Holdings (Nasdaq: BBNK), whose subsidiary is Bridge Bank, National Association, announced today that it has completed the redemption of $24.0 million in Series B Preferred Stock issued to the U.S. Treasury under the Troubled Asset Relief Program's Capital Purchase Program. The U.S...