latest news releases from the newsroom
Hancock Holding Company
Hancock Continues to Implement Strategic Initiatives in Houston
GULFPORT, Miss., Oct. 30, 2014 (GLOBE NEWSWIRE) -- Hancock Holding Company (Nasdaq:HBHC) today announced the signing of a purchase agreement under which Community Trust Bank in Ruston, Louisiana, has agreed to acquire four of the company's Whitney Bank retail locations in Houston, Texas. The company is also announcing plans to open two new business financial centers, or "BFCs," in the Houston area in the coming months — one in the Museum District/Medical Center area and the other in the Energy Corridor. These BFCs, along with future locations, will reflect the concierge business banking format of the company's first Houston BFC opened in the Woodlands in August 2014.
Provident Financial Holdings, Inc.
Provident Financial Holdings Announces New Stock Repurchase Plan
RIVERSIDE, Calif., Oct. 30, 2014 (GLOBE NEWSWIRE) -- Provident Financial Holdings, Inc. ("Company") (Nasdaq:PROV), the holding company for Provident Savings Bank, F.S.B., today announced that the Company's Board of Directors authorized the repurchase of up to five percent (5%) of the Company's common stock, or approximately 453,212 shares. The Company will purchase the shares from time to time in the open market or through privately negotiated transactions over a one-year period depending on market conditions, the capital requirements of the Company, and available cash that can be allocated to the stock repurchase program, among other considerations. The October 2014 stock repurchase plan will become effective once the Company has completed the May 2014 stock repurchase plan by purchasing the remaining 87,823 shares available under the May 2014 plan.
Provident Financial Holdings, Inc.
Provident Financial Holdings Announces Quarterly Cash Dividend
RIVERSIDE, Calif., Oct. 30, 2014 (GLOBE NEWSWIRE) -- Provident Financial Holdings, Inc. ("Company") (Nasdaq:PROV), the holding company for Provident Savings Bank, F.S.B., today announced that the Company's Board of Directors declared a quarterly cash dividend of $0.11 per share. Shareholders of the Company's common stock at the close of business on November 20, 2014 will be entitled to receive the cash dividend. The cash dividend will be payable on December 12, 2014.
Gainey McKenna & Egleston
Gainey McKenna & Egleston Announces a Class Action Lawsuit Has Been Filed Against American Realty Capital Properties, Inc. -- ARCP
NEW YORK, Oct. 30, 2014 (GLOBE NEWSWIRE) -- Gainey McKenna & Egleston announces that a class action lawsuit has been filed in the United States District Court for the Southern District of New York, on behalf of all persons who purchased or otherwise acquired American Realty Capital Properties, Inc. ("American Realty" or the "Company") (Nasdaq:ARCP) securities during the period between February 27, 2014 and October 28, 2014, inclusive, inclusive (the "Class Period"). This class action seeks to recover damages against Defendants for alleged violations of the federal securities laws under the Securities Exchange Act of 1934 (the "Exchange Act").
Chimerix Prices Public Offering of Common Stock
DURHAM, N.C., Oct. 30, 2014 (GLOBE NEWSWIRE) -- Chimerix, Inc. (Nasdaq:CMRX), a biopharmaceutical company developing novel, oral antivirals in areas of high unmet medical need, today announced the pricing of an underwritten public offering of 3,650,000 shares of its common stock at a price to the public of $29 per share. The gross proceeds to Chimerix from this offering, before deducting underwriting discounts and commissions and other offering expenses payable by Chimerix, are expected to be approximately $105.9 million. The offering is expected to close on or about November 5, 2014, subject to customary closing conditions. Chimerix anticipates using the net proceeds from the offering to fund its research and development efforts and for general corporate purposes, including working capital.
Anchor BanCorp Wisconsin Inc.
Anchor Bancorp Wisconsin Inc. Announces Definitive Agreement to Sell Richland Center Branch
MADISON, Wis., Oct. 30, 2014 (GLOBE NEWSWIRE) -- AnchorBank, fsb, a wholly owned subsidiary of Anchor BanCorp Wisconsin Inc. (Nasdaq:ABCW), today announced that it has entered into a definitive agreement for the sale of its Richland Center retail banking branch to The Peoples Community Bank (Peoples). The transaction is subject to regulatory approval and customary closing conditions and is targeted for closing by the end of December 2014. Financial terms of the transaction were not disclosed.