Showing 1-10 of about 84 articles.
FBR & Co.
FBR Commences Self Tender Offer to Purchase up to 1.25 Million Shares
ARLINGTON, Va., May 21, 2013 (GLOBE NEWSWIRE) -- FBR & Co. (Nasdaq:FBRC) today announced the commencement of a modified "Dutch auction" tender offer to purchase up to 1.25 million shares, or about 10.6%, of its outstanding common stock, at a price of not less than $22.50 and not more than $23.50 per share. The tender offer will expire at 12:00 midnight, New York City time, on June 18, 2013, unless extended.
FBR & Co.
FBR Announces Allen Morton Has Joined Investment Banking Team as Managing Director and Head of Houston Office
ARLINGTON, Va., May 20, 2013 (GLOBE NEWSWIRE) -- FBR & Co. (Nasdaq:FBRC) (FBR), a leading investment bank serving the middle market, announced today that Allen Morton joined the firm as a Managing Director in the Company's Energy Investment Banking group focusing on merger and acquisition opportunities in that sector. He will also take on industry coverage responsibilities and execute transactions for energy-focused financial sponsors. Mr. Morton joins a group of nearly 40 other senior bankers on the FBR Investment Banking team and will head the Company's Houston office.
FBR & Co.
FBR Reports First Quarter Financial Results
ARLINGTON, Va., April 23, 2013 (GLOBE NEWSWIRE) -- FBR & Co. (Nasdaq:FBRC) ("FBR" or the "Company"), a leading investment bank serving the middle market, today reported net after-tax earnings of $35.3 million, or $2.65 per diluted share, for the first quarter of 2013 compared to net after-tax earnings of $0.4 million, or $0.03 per diluted share, in the first quarter of 2012 and net after-tax earnings of $32.1 million, or $2.40 per diluted share, for the most recent quarter ended December 31, 2012.
FBR & Co.
FBR to Report First Quarter 2013 Financial Results
ARLINGTON, Va., April 9, 2013 (GLOBE NEWSWIRE) -- FBR & Co. (Nasdaq:FBRC) (FBR), a leading investment bank serving the middle market, announced today that the company will release results for the first quarter of 2013 before the market opens on Wednesday, April 24, 2013.
FBR & Co.
FBR & Co. Confirms Effectiveness of 1-for-4 Reverse Stock Split
ARLINGTON, Va., Feb. 28, 2013 (GLOBE NEWSWIRE) -- FBR & Co. (Nasdaq:FBRC) (the "Company"), a leading investment bank serving the middle market, confirmed today the effectiveness, as of 9:00 a.m., Eastern Time, on February 28, 2013 (the "Effective Time"), of the previously announced 1-for-4 reverse stock split (the "Reverse Stock Split") of the Company's issued and outstanding shares of common stock, par value $0.001 per share (the "Common Stock").
FBR & Co.
FBR & Co. Announces 1-for-4 Reverse Stock Split
ARLINGTON, Va., Feb. 5, 2013 (GLOBE NEWSWIRE) -- FBR & Co. (Nasdaq:FBRC) (the "Company"), a leading investment bank serving the middle market, announced today that it will effect a 1-for-4 reverse stock split (the "Reverse Stock Split") of the Company's issued and outstanding shares of common stock, par value $0.001 per share (the "Common Stock"), effective at 9:00 a.m., Eastern Time, on February 28, 2013 (the "Effective Time").
FBR & Co.
FBR Reports Fourth Quarter and Full Year 2012 Financial Results
ARLINGTON, Va., Feb. 5, 2013 (GLOBE NEWSWIRE) -- FBR & Co. (Nasdaq:FBRC) ("FBR" or the "Company"), a leading investment bank serving the middle market, today reported net after-tax earnings of $32.1 million, or $0.60 per diluted share, for the quarter ended December 31, 2012. These results compare to a net after-tax loss of $18.9 million, or $0.33 per diluted share, in the fourth quarter of 2011 and a net after-tax loss of $3.4 million, or $0.07 per diluted share, in the third quarter of 2012. Pretax income from continuing operations for the quarter ended December 31, 2012 was $9.2 million compared to a $19.8 million pretax loss in the fourth quarter of 2011.
FBR & Co.
FBR & Co. Announces Final Results of Self-Tender Offer
ARLINGTON, Va., Dec. 24, 2012 (GLOBE NEWSWIRE) -- FBR & Co. (Nasdaq:FBRC) today announced the final results of its previously announced modified "Dutch auction" tender offer to purchase up to 4 million shares of its common stock at a price between $3.25 and $3.50, which expired at 12:00 midnight, New York City time, on Tuesday, December 18, 2012. FBR has accepted for purchase 193,666 shares of its common stock at a purchase price of $3.50 per share. The tender offer was not subject to proration. Payment for the shares accepted for purchase under the tender offer will be made promptly, and any shares tendered and not purchased will be promptly returned to stockholders.
FBR & Co.
FBR & Co. Announces Preliminary Results of Self-Tender Offer
ARLINGTON, Va., Dec. 19, 2012 (GLOBE NEWSWIRE) -- FBR & Co. (Nasdaq:FBRC) today announced the preliminary results of its previously announced modified "Dutch auction" tender offer to purchase up to 4 million shares of its common stock at a price between $3.25 and $3.50, which expired at 12:00 midnight, New York City time, on Tuesday, December 18, 2012. Based on a preliminary count by American Stock Transfer & Trust Company, LLC, the depositary for the tender offer, a total of 194,193 shares of FBR common stock were properly tendered and not withdrawn in the tender offer at a price of $3.50 per share (or by shareholders electing to tender at the ultimate purchase price determined under the tender offer terms), including 30,399 shares that were tendered through notice of guaranteed delivery. Accordingly, based on the preliminary results, FBR expects to purchase 194,193 shares, for a total cost of $679,676, excluding fees and expenses relating to the tender offer. These shares represent approximately 0.4% of the shares outstanding as of December 18, 2012.
Showing 1-10 of about 84 articles.