-
Keefe, Bruyette & Woods Comments On SCBT Financial (SCBT)
Tuesday, February 22, 2011 - 10:15am | 103Keefe, Bruyette & Woods provided color on SCBT Financial (NASDAQ: SCBT) in a research report published today. In the report, Keefe, Bruyette & Woods states, "SCBT picks up Habersham Bank from the FDIC, a $388 million bank headquartered in Cornelia, GA. The deal fits in exactly with SCBT's...
-
Inuvo Announces a New $8.475M Credit Facility
Tuesday, February 22, 2011 - 10:01am | 80Inuvo, Inc. (NYSE: INUV) announced today that it has secured an $8.475 million credit facility with Bridge Bank, N.A. a subsidiary of Bridge Capital Holdings (NASDAQ: BBNK). T he two-year line of credit consists of an $8 million revolving credit and a $475 thousand term credit. It replaces the...
-
Top 4 Small-Cap Stocks In The Diversified Investments Industry With The Highest Cash (SLRC, ROIC, CWBS, FNGN)
Tuesday, February 22, 2011 - 4:13am | 142Below are the top small-cap diversified investment stocks on the NYSE and the NASDAQ in terms of cash. Solar Capital Ltd (NASDAQ: SLRC) had $334.38 million in total cash for the latest quarter. SLRC's total debt for the same period amounted to $460.00 million. Retail Opportunity Investments Corp (...
-
Bank of the Carolinas Corporation Defers Dividend on TARP Preferred Stock
Friday, February 18, 2011 - 5:25pm | 163Bank of the Carolinas Corporation (Nasdaq: BCAR), the holding company for Bank of the Carolinas, announced today that it has notified the United States Department of Treasury (the "Treasury") of its intent to defer the February 2011 payment of its regular quarterly cash dividend on its Fixed Rate...
-
J.P Morgan Comments On First Horizon National Following Management Meetings
Friday, February 18, 2011 - 10:09am | 193J.P Morgan recently met with First Horizon's (NYSE: FHN) CEO, Bryan Jordan. Although J.P Morgan views leadership at FHN as one of the strongest in the group, with top-line growth likely to remain a challenge for the bank in 2011, tied in part to a very large run-off portfolio, and with prospects...
-
Top 4 Small-Cap Stocks In The Financial Sector With The Highest Cash (IBKR, PNSN, ESGR, UMBF)
Friday, February 18, 2011 - 4:23am | 143Below are the top small-cap financial stocks on the NYSE and the NASDAQ in terms of cash. Interactive Brokers Group Inc (NASDAQ: IBKR) had $20.29 billion in total cash for the latest quarter. IBKR's total debt for the same period amounted to $2.14 billion. Penson Worldwide Inc (NASDAQ: PNSN) had $6...
-
Fast Money Pops & Drops, February 17th (EMN, AXP, DPS, CSTR, STI, BAC, GMCR, SBUX)
Thursday, February 17, 2011 - 8:32pm | 374On CNBC's Fast Money Pops & Drops, Guy Adami said that he likes Eastman Chemical Company (NYSE: EMN) despite the big run. He explained that Eastman Chemical Company (EMN) gained 2.62% today on the news that the company has approved a $300 million worth repurchase of the common stock. American...
-
Cadence Financial Corporation Announces Retirement of CEO
Thursday, February 17, 2011 - 5:20pm | 101Cadence Financial Corporation (NASDAQ: CADE), the parent company of Cadence Bank, N.A., today announced that L.F. Mallory, Jr. plans to retire as Chairman and CEO effective immediately following the consummation of the sale of the Company to Community Bancorp LLC through a merger transaction....
-
BMO Capital Ups NARA To Outperform
Thursday, February 17, 2011 - 8:11am | 52Analysts at BMO Capital upgrade Nara Bancorp Inc (NASDAQ: NARA) from “market perform” to “outperform.” The target price for NARA has been raised from $11 to $13. NARA shares gained 0.51% to close at $9.83 yesterday. More Analyst Ratings here
-
Morgan Stanley Downs EWBC To Equal Weight
Thursday, February 17, 2011 - 7:56am | 53Analysts at Morgan Stanley downgrade East West Bancorp Inc (NASDAQ: EWBC) from “overweight” to “equal weight.” The target price for EWBC has been raised from $24 to $25. EWBC shares gained 1.59% to close at $23.64 yesterday. More Analyst Ratings here
-
Mad Money Lightning Round OT: Cramer Thinks That KO Should Be Bought (UAL, BPOP, ROVI, KO)
Wednesday, February 16, 2011 - 9:02pm | 269Jim Cramer said on CNBC's Mad Money Lightning Round OT that he wouldn't buy an airline company, but if you really have to own one, he can bless United Continental Holdings Inc (NYSE: UAL). United Continental Holdings Inc (UAL) gained 1.07% in the regular trading session, and it fell 1.06% in the...
-
M&T Bank Corporation Declares Dividend of $0.70
Wednesday, February 16, 2011 - 11:23am | 47M&T Bank Corporation (NYSE: MTB) announced that it has declared a quarterly cash dividend of $.70 per share on its common stock. The dividend will be payable March 31, 2011 to shareholders of record at the close of business on February 28, 2011.
-
Jefferies Lowering Estimates On Zions Bancorp. (NASDAQ: ZION)
Wednesday, February 16, 2011 - 8:46am | 118Jefferies & Co. is lowering its estimates on shares of Zions Bancorp. (NASDAQ: ZION). It has a Hold rating and a $25 price target on shares. In a note to clients, Jefferies writes, "Our price target of $25 applies a 13.5x multiple to our normalized earnings estimate of $2.20 (discounted 2...
-
Top 4 Stocks In The Regional-Pacific Banks Industry With The Highest Profit Margin (WBCO, WABC, HFWA, CVBF)
Wednesday, February 16, 2011 - 4:35am | 134Below are the top regional-pacific bank stocks on the NYSE, the NASDAQ and the AMEX in terms of profit margin. The trailing-twelve-month profit margin at Washington Banking Company (NASDAQ: WBCO) is 38.64%. WBCO's ROE for the same period is 14.83%. The trailing-twelve-month profit margin at...
-
Cadence Financial Corporation Acquisition by Community Bancorp Approved by Federal Reserve
Tuesday, February 15, 2011 - 5:22pm | 96Cadence Financial Corporation (NASDAQ: CADE), the parent company of Cadence Bank, N.A., today announced that the Federal Reserve has approved the acquisition of the Company by Community Bancorp LLC a Delaware limited liability company. The merger transaction is expected to close on or about March...