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Rockville Financial, Inc. Announces Retirement of Christopher E. Buchholz, EVP
Monday, July 11, 2011 - 4:40pm | 74Rockville Financial (Nasdaq: RCKB), the holding company for Rockville Bank, announced the retirement of Christopher E. Buchholz, Executive Vice President. Buchholz has served in numerous executive roles for the Bank including oversight of commercial and consumer banking areas. He joined Rockville...
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Dacve Berey to Become CCO of People's United on 9/19/11
Monday, July 11, 2011 - 4:11pm | 85People's United Bank, the principal subsidiary of People's United Financial Inc. (Nasdaq: PBCT), announced today that, as part of his retirement planning process, Dave Bodor, Executive Vice President and Chief Credit Officer, has decided to transition to a new stage in his 37-year banking career....
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Northeast Community Bancorp Announces Expansion in Massachusetts
Monday, July 11, 2011 - 12:15pm | 48Northeast Community Bancorp, Inc. (Nasdaq: NECB), the holding company for Northeast Community Bank, announced today that it is expanding its lending operations in Massachusetts, where the Bank currently has two branch offices, one of which includes a loan production office.
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Options Brief: New York Community Bancorp
Monday, July 11, 2011 - 10:25am | 84Shares of New York Community Bancorp (NYSE: NYB) are lower on the session by 1.43%, trading at $15.17. Overall put volume is now running at 3.14x the daily average, with 0% of all puts traded being purchases on the offer. 1,096 contracts have traded on the session so far. New York Community...
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Sterne Agee Maintains Buy on Washington Federal
Monday, July 11, 2011 - 9:50am | 100Sterne Agee is out with its report today on Washington Federal (NASDAQ: WFSL), maintaining Buy. In a note to clients, Sterne Agee writes, "Besides the recently announced share repurchase, we expect WFSL to outperform due to a high pre-provision earning power becoming more evident, and note the MOU...
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Don't Miss Your Chance to Catch a Bull Market
Monday, July 11, 2011 - 1:00am | 1524Many people missed the market's enormous appreciation during the latest equity bull market because they were late to the game or chose to sit on the sidelines. The sideline is a crowded place these days as investors have been reluctant to fully embrace equities. Household savings for the past 12...
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Riverview Bancorp, Inc., Announces Adoption of Plan of Reorganization and Charter Conversion
Friday, July 8, 2011 - 9:01am | 243Riverview Bancorp (Nasdaq: RVSB) announced today that on June 15, 2011, the Boards of Directors of the Company and Riverview Community Bank, the Company's financial institution subsidiary, had adopted a Plan of Reorganization and Charter Conversion to convert the Bank to a Washington chartered...
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Sterne Agee Initiates OCN, PHH At Buy
Friday, July 8, 2011 - 8:39am | 37Sterne Agee has initiated coverage on the following companies: Ocwen Financial (NYSE: OCN), Buy, $16 PT PHH Corporation (NYSE: PHH) Buy, $26.25 PT
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GS Financial Corp. Shareholders Approve Merger With Home Bancorp, Inc.
Thursday, July 7, 2011 - 4:41pm | 84The merger of GS Financial Corp. (Nasdaq: GSLA) with and into Home Bancorp, Inc. (Nasdaq: HBCP) was approved earlier today by the shareholders of the Company. Albert J. Zahn, Jr., Chairman of the Board of GS Financial Corp. said, "We are pleased that our shareholders have overwhelmingly approved...
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Jack L. Kopnisky Named Provident Bank's as New President and Chief Executive Officer
Thursday, July 7, 2011 - 1:25pm | 169Provident New York Bancorp (NASDAQ: PBNY), the parent company of Provident Bank announced that effective July 6th, 2011, Jack L. Kopnisky officially assumed the position of President and Chief Executive Officer of the company and Provident Bank succeeding George Strayton who recently retired after...
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Morning Market Losers
Thursday, July 7, 2011 - 10:02am | 105Lumber Liquidators Holdings Inc (NYSE: LL) dipped 20.79% to $20.31 at 9:55 am. LL lowered its full-year forecast and projected weaker-than-expected results for the second quarter. Affymetrix Inc (NASDAQ: AFFX) fell 18.63% to $6.51. AFFX issued downbeat Q2 revenue projections. Magyar Bancorp Inc (...
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Jacobi Appointed Chief Financial Officer of New Hampshire Thrift Bancshares, Inc. and Lake Sunapee Bank, fsb
Wednesday, July 6, 2011 - 3:30pm | 212On June 9, 2011, the Board of Directors of New Hampshire Thrift Bancshares (NASDAQ: NHTB), the holding company for Lake Sunapee Bank, fsb (Bank), appointed Laura Jacobi as Chief Financial Officer of both entities. Ms. Jacobi succeeds Stephen R. Theroux, who has held the title of Chief Financial...
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Calls Purchased on Radian Group Inc.
Wednesday, July 6, 2011 - 12:03pm | 111Shares of Radian Group Inc. (NYSE: RDN) are higher on the session by 6.35%, currently trading at $4.52. The stock has been moving largely lower over the past five months and is currently trading below the 50-day moving average. Options traders are buying calls on the name today. A short while ago...
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Top Narrow Based Indexes For July 6
Wednesday, July 6, 2011 - 10:43am | 202By 10:38 am, the Dow Jones Industrial Average was up 5.97 points, or 0.05%, to 12,575.84, while the broader Standard & Poor's 500 index had dropped 3.53 points, or 0.26%. The NASDAQ composite index fell 6.48 points, or 0.23%. Some of the narrow based indexes that are supporting the markets...
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Top Performing Industries For July 6
Wednesday, July 6, 2011 - 10:06am | 189At 10:05 am, the Dow fell 0.03% to 12,565.63, the broader Standard & Poor's 500 index moved down 0.33% to 1,333.42 and the NASDAQ composite index dropped 0.27% to 2,818.25. The industries that are still afloat in the market today are: Toy & Hobby Stores: This industry jumped 1.98% by 10:...