Thrifts & Mortgage Finance

Stifel Nicolaus has upgraded Dime Community Bancshares (NASDAQ: DCOM) from Hold to Buy and has established a $15 price target.

Stifel Nicolaus has upgraded Astoria Financial (NYSE: AF) from Sell to Hold.

Below are the top small-cap mortgage investment stocks on the NYSE and the NASDAQ in terms of cash. Capstead Mortgage Corporation (NYSE: CMO) had $11.23 billion in total cash and $10.56 billion in total debt for the latest quarter. Doral Financial Corporation (NYSE: DRL) had $606.99 million in...

The PMI Group (NYSE: PMI) today announced that the Arizona Department of Insurance has issued an order, placing PMI Mortgage Insurance and PMI Insurance under the Department's supervision, and appointing a Supervisor. Pursuant to the order, MIC and PIC are required to cease issuing new mortgage...

The PMI Group, Inc. (NYSE: PMI) today announced that the New York Stock Exchange (the "NYSE") has notified the Company that the Company has fallen below the NYSE's continued listing standard that requires a minimum average closing price of $1.00 per share over 30 consecutive trading days. Under...

The Elmira Savings Bank, FSB (NASDAQ: ESBK) today announced that it has received preliminary approval to receive an investment of up to $14.1 million in the Bank's preferred stock from the United States Department of the Treasury under the Small Business Lending Fund (the "SBLF"). The SBLF is a...

On CNBC's Mad Money, Jim Cramer said during the Lightning Round that Crocs (NASDAQ: CROX) is a “great story. If it goes back down, I'm going to recommend it." For Covidien (NYSE: COV), he said, "You hold on and buy more. That is a great company that is a buy, buy, buy." Cramer said that Alcoa (...

MidSouth Bancorp, Inc. (NYSE: MSL), announced today that its subsidiary, MidSouth Bank, N.A., has entered into an agreement with Beacon Federal, a wholly owned federal savings bank of Beacon Federal Bancorp, Inc. (NASDAQ: BFED), to acquire its branch located in Tyler, Texas.  As part of the branch...

Kearny Financial Corp. (NASDAQ: KRNY) announced today that it completed its fifth stock repurchase plan by acquiring 5% of the Company's outstanding common stock held by persons other than its parent mutual holding company, Kearny MHC. Additionally, the Company announced that the Board of...

Investors Bancorp Inc (NASDAQ: ISBC) announced its plans to acquire Brooklyn Federal Bancorp Inc (NASDAQ: BFSB) for $0.80 per share or around $10.3 million in the aggregate. Shares of Cyanotech Corporation (NASDAQ: CYAN) rose about0.5% as the company named Jole Deal as Chief Financial Officer,...

Investors Bancorp, Inc. (NASDAQ: ISBC) and Brooklyn Federal Bancorp, Inc. (NASDAQ: BFSB) announced the signing of a definitive merger agreement under which Investors Bancorp, Inc. will acquire Brooklyn Federal Bancorp, Inc. for $0.80 per share or approximately $10.3 million in the aggregate. In...

Flagstar Bancorp (NYSE: FBC) today announced that it has signed a definitive agreement to divest its 22-branch retail bank franchise in Indiana to First Financial Bancorp (Nasdaq: FFBC) for a consideration equal to a 7 percent premium based on the actual level of consumer and commercial deposits at...

Sterne Agee has upgraded First Niagara Financial (NASDAQ: FNFG) from Neutral to Buy and has established a $12 price target.

First PacTrust Bancorp, Inc. (NASDAQ: FPTB) announced today that its Board of Directors has authorized the repurchase of up to 1,000,000 shares of its common stock, or approximately 8.6% of its outstanding shares, in the open market over the period of one year. The repurchase program, which is...

Meridian Interstate Bancorp, Inc. (Nasdaq: EBSB) announced that it has completed its third repurchase program, which consisted of 472,428 shares at an average price of $12.53 per share. In addition, the Company's Board of Directors voted to adopt a fourth stock repurchase program of up to 10% of...