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United Community Financial Announces Agreement for Sale of Four Ohio Branches
Wednesday, August 31, 2011 - 5:06pmUnited Community Financial (NASDAQ: UCFC) holding company of The Home Savings and Loan Company, announced today that Home Savings has entered into an agreement to sell four of its western-most branches to Croghan Colonial Bank, a subsidiary of Croghan Bancshares (NASDAQ: CHBH). Croghan,...
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Northeast Bancorp Insurance Division Acquired by Maine Agency, and Local Management
Wednesday, August 31, 2011 - 9:45amNortheast Bancorp (NASDAQ: NBN) announced today that its insurance division – Northeast Bank Insurance Group – has been acquired by local agencies in two separate transactions, effective September 1, 2011. The Varney Agency, of Bangor, Maine, will purchase the assets of nine Northeast Bank...
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First PacTrust Bancorp to Acquire Beach Business Bank for $37.4M
Wednesday, August 31, 2011 - 7:34amFirst PacTrust Bancorp (NASDAQ: FPTB) and Manhattan Beach, California-based Beach Business Bank (OTCBB: BBBC) today jointly announced that they have entered into a definitive agreement pursuant to which Beach Business Bank will merge into a wholly owned subsidiary of First PacTrust. The...
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Global Markets- Levels We Are Watching
Tuesday, August 30, 2011 - 9:20pmHANG SENG INDEX – Weekly Intermediate Trend (3 months): Negative Tuesday's Close (ASIA): 20,233 (+ 388) UPDATE: In light of the rapid sell off, which witnessed the market trade from 22843 down to 18786 (over a 3000 point drop), four weeks ago; the Index found support near the 19200 region. This...
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First Place Receives Additional Nasdaq Notification
Tuesday, August 30, 2011 - 3:06pmFirst Place Financial Corp. (Nasdaq: FPFC) announced today that it has received a letter from The Nasdaq Stock Market notifying the Company that, for 30 consecutive business days, the Company's common stock had not maintained a minimum bid price of $1.00 per share as required for continued listing...
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First PacTrust Bancorp, Inc. Receives $32.0 Million of Capital From Small Business Lending Fund
Tuesday, August 30, 2011 - 3:00pmFirst PacTrust Bancorp, Inc. (NASDAQ: FPTB) today announced that it has received an investment of $32.0 million in the Company's preferred stock from the United States Department of the Treasury under the Small Business Lending Fund. The SBLF is a $30 billion voluntary program intended to encourage...
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Stocks Hitting 52-Week Lows
Tuesday, August 30, 2011 - 9:19amNuPathe Inc (NASDAQ: PATH) shares lost 45.42% to create a new 52-week low of $2.21. The US Food & Drug Administration rejected NuPathe's experimental migraine patch. Atlantic Coast Federal Corporation (NASDAQ: ACFC) shares fell 11.31% to touch a new 52-week low of $2.43. ACFC's trailing-twelve...
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New England Bancshares Announces Stock Repurchase Plan of 5% of Common Stock
Monday, August 29, 2011 - 3:10pmNew England Bancshares, Inc. (Nasdaq: NEBS) announced today that its Board of Directors approved a stock repurchase program to acquire up to 307,833 shares, or approximately 5%, of the Company's outstanding common stock. The 307,833 shares that may be repurchased under this repurchase program are...
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FedFirst Financial Announces New CFO Prah
Friday, August 26, 2011 - 3:30pmFedFirst Financial Corporation (NASDAQ: FFCO) today announced that the Boards of Directors of the Company and the Bank have appointed Jamie L. Prah to the position of Senior Vice President and Chief Financial Officer.
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ViewPoint Financial to Buy Back Shares Up to 5% of Total
Friday, August 26, 2011 - 3:16pmViewPoint Financial Group, Inc. (Nasdaq: VPFG), today announced its intention to repurchase up to 5% of its total common shares outstanding, or approximately 1,741,975 shares, in the open market, based on prevailing market prices, over a period beginning on August 30, 2011, continuing until the...
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