Archive for July, 2009

Ameriana Bancorp Reports Results for Second Quarter of 2009 (Business Wire)

NEW CASTLE, Ind.----Ameriana Bancorp , parent company for Ameriana Bank, today reported a net loss of $466,000 or $0.16 per basic and diluted share for the second quarter ended June 30, 2009, compared with net income of $383,000 or $0.13 per basic and [...]
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AllianceBernstein drops as analysts lower targets (AP)

Shares of asset manager AllianceBernstein Holding LP sank nearly 5 percent Friday after two brokerages lowered their price targets amid concerns about big outflows.

Certain BlackRock Closed-End Funds Announce Estimated Sources of Distributions (Business Wire)

NEW YORK----BlackRock Preferred & Equity Advantage Trust and BlackRock Enhanced Government Fund, Inc. paid the following dividends per share: Ticker Pay Date Per Share BTZ July 31, 2009 $ 0.100000 EGF July 31, 2009 $ 0.105000

Merriman Curhan Ford Named as Financial Advisor in FUQI International's Public Follow-on Offering (Business Wire)

SAN FRANCISCO----Merriman Curhan Ford Group, Inc. was named today as a financial advisor in connection with FUQI International, Inc.'s public follow-on offering of common stock.

New England Bancshares, Inc. Reports Strong Asset Growth and Results for the Three Months Ended June 30, 2009 (Business Wire)

ENFIELD, Conn.----New England Bancshares, Inc. , the holding company for New England Bank, reported a net loss for the quarter ended June 30, 2009 of $181,000, or $0.03 per diluted share as compared to net income of $452,000, or $0.08 per diluted share, [...]
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Investors too quick to accentuate the positive? (AP)

In an effort to accentuate the positive, investors might be overreacting to quarterly profit reports. That could be setting up the U.S. stock market for a correction, which means picking the right stocks at the right time is key.

Eaton Vance National Municipal Opportunities Trust Declares Monthly Distribution (PR Newswire)

Eaton Vance Management, the Boston-based investment adviser, today announced the monthly distribution declared on the common shares of one of its closed-end municipal bond funds .

Third Century Bancorp Releases Second Quarter Earnings (Business Wire)

FRANKLIN, Ind.----Third Century Bancorp , the holding company for Mutual Savings Bank announced net income of $119,000 for the quarter ended June 30, 2009, compared to a loss of $415,000 for the quarter ended June 30, 2008.

Margaret M. Foran Joins Prudential as Chief Governance Officer and Secretary (Business Wire)

NEWARK, N.J.----Margaret M. Foran has joined Prudential Financial, Inc. , as vice president, Chief Governance Officer and Secretary. In this position, Foran will be responsible for working with the Board of Directors to continue to strengthen [...]
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Genworth shares fall as 2Q results miss estimates (AP)

Genworth Financial Inc. shares slipped on Friday, a day after the insurer reported worse-than-expected second-quarter results as it was hit by losses in its U.S. mortgage insurance division and investment portfolio.


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