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First Federal Of Northern Michigan Bancorp Hit 52-Week High (FFNM)
Thursday, December 23, 2010 - 4:50pm | 25First Federal of Northern Michigan Bancorp (NASDAQ: FFNM) hit a fresh 52-week High in today's trading session.
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NY Community Bancorp Hits 52-Week High (NYB)
Thursday, December 23, 2010 - 4:22pm | 23New York Community Bancorp (NYSE: NYB) hit a fresh 52-week High in today's trading session.
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Tree.com, Inc. Announces Results of Tender Offer
Thursday, December 23, 2010 - 10:02am | 81Tree.com, Inc. (Nasdaq: TREE), the parent company of LendingTree, LLC, today announced the final results of its previously announced modified "Dutch auction" tender offer, which expired at 5:00 p.m., New York City time, on December 17, 2010. Based on the final count by BNY Mellon Shareowner...
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KBW Raises LEGC Target To $13
Thursday, December 23, 2010 - 9:55am | 104After the close on December 21st, Legacy Bancorp, Inc. (NASDAQ: LEGC) announced it had agreed to be acquired by Berkshire Hills Bancorp, Inc. (NASDAQ: BHLB) in a deal valued at $108mm, KBW reports. “The deal appears to be a logical fit for both banks as Legacy is headquartered literally across the...
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Sterne Agee Believes Brookline Will Become A Sell, Downgrades To Neutral
Thursday, December 23, 2010 - 9:36am | 158Sterne Agee has published a research report on Brookline Bancorp (NASDAQ: BRKL) and has downgraded the company to Neutral. In the report, Sterne Agee writes "We are downgrading the shares to Neutral from Buy based on recent outperformance and what we view as a full valuation. Over the last quarter...
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KBW Raises BHLB Target To $24
Thursday, December 23, 2010 - 9:04am | 92On December 21st, Berkshire Hills Bancorp, Inc. (NASDAQ: BHLB) announced it was acquiring Legacy Bancorp in a $108mm stock and cash deal, KBW reports. “The deal appears to be a logical fit for BHLB as Legacy is headquartered literally across the street and both banks have heavy overlap in their...
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Sterne Agee Downgrades Brookline Bancorp To Neutral
Thursday, December 23, 2010 - 8:53am | 20Sterne Agee has downgraded Brookline Bancorp (NASDAQ: BRKL) from Buy to Neutral.
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Sterne Agee Downs BRKL To Neutral
Thursday, December 23, 2010 - 8:19am | 41Analysts at Sterne Agee downgrade Brookline Bancorp Inc (NASDAQ: BRKL) from “buy” to “neutral.” BRKL shares gained 2.19% to close at $11.19 yesterday. More Analyst Ratings here
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Top 4 Small-Cap Stocks In The Regional-Northeast Banks Industry With The Highest ROE (AROW, BDGE, TMP, TRST)
Thursday, December 23, 2010 - 4:43am | 145Below are the top small-cap regional-northeast bank stocks on the NYSE, the NASDAQ and the AMEX in terms of return on equity. The trailing-twelve-month return on equity at Arrow Financial Corporation (NASDAQ: AROW) is 14.91%. AROW's operating margin for the same period is 39.90%. The trailing-...
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Top 4 Mid-Cap Stocks In The Diversified Investments Industry With The Highest Dividend Yield (AINV, ARCC, FNFG, NYX)
Thursday, December 23, 2010 - 4:38am | 122Below are the top mid-cap diversified investment stocks on the NYSE and the NASDAQ in terms of dividend yield. Apollo Investment Corporation (NASDAQ: AINV) has a dividend yield of 9.90%. AINV's shares closed at $11.31 yesterday. Ares Capital Corporation (NASDAQ: ARCC) has a dividend yield of 8.30...
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Craig Effron and Curtis Schenker: Scoggin Capital Management
Wednesday, December 22, 2010 - 2:17pm | 661Craig Effron and Curtis Schenker are what David Einhorn was before the Lehman debacle- brilliant hedge fund managers generally flying under the media's radar. Head of Scoggin Capital Management, they invest in mergers, spinoffs, bankruptcies, and financially distressed companies through stocks...
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Morning Market Movers (LEGC, ZOOM, WTNY, MOR)
Wednesday, December 22, 2010 - 11:03am | 161Legacy Bancorp Inc (NASDAQ: LEGC) jumped 43.26% to $12.32 at 10:00 am. Berkshire Hills Bancorp Inc (NASDAQ: BHLB) announced its plans to acquire LGCY for $13 per share. Zoom Technologies Inc (NASDAQ: ZOOM) shares advanced 38.38% to $5.30. ZOOM projected its FY11 net income between $16 and $17...
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Benzinga's Top Upgrades (PCLN, DRL, CEG, SVU)
Wednesday, December 22, 2010 - 9:32am | 137priceline.com Incorporated (NASDAQ: PCLN) was upgraded by ThinkEquity from “hold” to “buy.” PCLN's shares closed at $407.00 yesterday. PCLN's trailing-twelve-month ROE is 33.13%. Sterne Agee upgraded Doral Financial Corporation (NYSE: DRL) from "sell" to "neutral." DRL's shares closed at $1.29...
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Sterne Agee Upgrades Doral Financial Corp. (NYSE)
Wednesday, December 22, 2010 - 8:07am | 131Sterne Agee has a Neutral rating on Doral Financial Corp. (NYSE: DRL). In a research report sent to clients, Sterne Agee writes, "We are upgrading our rating on DRL. The current risk/reward scenario does not justify a Sell rating in our view. While our overall cautious investment thesis has not...
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Sterne Agee Upgrades Doral Financial To Neutral
Wednesday, December 22, 2010 - 7:17am | 21Sterne Agee has upgraded Doral Financial Corporation (NYSE: DRL) from Sell to Neutral.