latest news releases from the newsroom
Pomerantz Law Firm Announces the Filing of a Class Action Against Barclays PLC and Certain Officers -- BCS
NEW YORK, July 28, 2014 (GLOBE NEWSWIRE) -- Pomerantz LLP has filed a class action lawsuit against Barclays PLC ("Barclays" or the "Company") (NYSE: BCS) and certain of its officers. The class action, filed in United States District Court, Southern District of New York, and docketed under 14-cv-5797, is on behalf of a class consisting of all persons or entities who purchased Barclays securities between August 2, 2011 and June 25, 2014, 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").
Heritage Oaks Bancorp
Heritage Oaks Bancorp Reports Second Quarter Results
PASO ROBLES, Calif., July 28, 2014 (GLOBE NEWSWIRE) -- Heritage Oaks Bancorp ("Heritage Oaks" or the "Company") (Nasdaq:HEOP), a bank holding company and the parent of Heritage Oaks Bank (the "Bank"), reported net income available to common shareholders of $2.9 million, or $0.09 per dilutive common share, for the second quarter of 2014 compared to net income available to common shareholders of $2.4 million, or $0.09 per dilutive common share, for the second quarter of 2013, and a net loss allocable to common shareholders of $1.8 million, or $0.06 per dilutive common share for the first quarter of 2014. For the first six months of 2014, net income available to common shareholders was $1.2 million, or $0.04 per dilutive common share, compared with net income available to common shareholders of $5.7 million, or $0.22 per dilutive common share for the same period in 2013. The increase in net income for the second quarter of 2014 as compared to the same quarter a year earlier, was primarily due to the increased pre-tax net income resulting from the inclusion of the operating results of Mission Community Bancorp ("MISN") into the Company's operating results. In addition, during the quarter ended June 30, 2013, the Company incurred $0.4 million in dividends and accretion on preferred stock, which was not incurred during the same period in 2014 because the Company repurchased the TARP Preferred Shares in the third quarter of 2013.
Cavco Industries, Inc.
Webcast Alert: Cavco Industries, Inc. Announces First Quarter Fiscal Year 2015 Earnings Release and Conference Call Webcast
PHOENIX, July 28, 2014 (GLOBE NEWSWIRE) -- Cavco Industries, Inc. (Nasdaq:CVCO) will release earnings for the first quarter of fiscal year 2015 on Thursday, July 31, 2014 after the close of market. Senior management will discuss the first quarter results in a live webcast the following day, Friday, August 1, 2014 at 12:00 PM Eastern Daylight Time.
Meridian Interstate Bancorp
Meridian Bancorp, Inc. Announces Closing of Stock Offering and Completion of Conversion Transaction
PEABODY, Mass., July 28, 2014 (GLOBE NEWSWIRE) -- Meridian Bancorp, Inc. (the "Company") (Nasdaq:EBSB), announced today that it has completed the "second step" conversion of Meridian Financial Services, Incorporated (the "MHC") and the Company's related stock offering, effective as of the close of business today. As a result of the closing of the conversion and offering, the Company is now the holding company for East Boston Savings Bank (the "Bank"). The MHC and the Bank's former mid-tier holding company, named Meridian Interstate Bancorp, Inc., have ceased to exist. The results of the stock offering were previously reported in a press release dated July 24, 2014.