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United Security Bancshares Inc Elects New Chairperson

Friday, 17 May 2013 12:16pm EDT

United Security Bancshares Inc. announced that the Board of Directors has elected Andrew C. Bearden, Jr. as Chairperson and John C. Gordon as Vice-Chairperson of United Security Bancshares, Inc.

Bar Harbor Bankshares Announces Management Changes

Friday, 17 May 2013 11:41am EDT

Bar Harbor Bankshares announced that the selection of Curtis C. Simard of TD Bank as the next President and CEO of Bar Harbor Bankshares and its wholly owned subsidiary Bar Harbor Bank & Trust. Simard`s selection follows the previously-announced planned retirement of Joseph M. Murphy scheduled for the end of June, 2013. Murphy has served as the CEO of BHB since 2002. Simard will assume his position as President and CEO of Bar Harbor Bank & Trust effective June 17, 2013 and will assume the position of President and CEO of BHB on August 10, 2013. Mr. Murphy will continue as President and CEO of BHB until August 9, 2013. Murphy has been nominated for re-election as a member of the BHB Board of Directors at the BHB Annual Meeting on May 21, 2013, and if elected, will serve until the next BHB Annual Meeting in 2014.

Canara Bank Ltd Provides Updates On Amalgamation Of Sponsored Regional Rural Bank

Friday, 17 May 2013 08:26am EDT

Canara Bank announced that The Ministry of Finance, Government of India, has envisaged amalgamation geographically contiguous RRBs sponsored by different banks within a state, with single sponsor bank which will help in optimizing the use of modern technology. Accordingly, the Ministry of Finance, Government of India, vide its letter dated April 01, 2013 after consulting NABARD, concerned sponsor banks and State Government of Uttar Pradesh has notified that Aryavart Kshetriya Gramin Bank and Shreyas Gramin Bank sponsored by Bank of India and Canara Bank respectively in the state of Uttar Pradesh are hereby amalgamated into a single Regional Rural Bank, which shall be called as Gramin Bank of Aryavart with its Head Office at Lucknow under the sponsorship of Bank of India with effect from April 01, 2013.

Erste Group Bank AG Announces Authorization to Acquire Own Shares

Friday, 17 May 2013 08:16am EDT

Erste Group Bank AG (EGB) announced that it has decided, at its Annual General Meeting on May 16, 2013, to acquire own shares for the duration of 30 months from the date of the resolution, until November 15, 2015, of up to 10% of EGB registered capital, subject to the Supervisory Board’s consent, with the option of making repeated use of the 10% limit, either on the stock exchange or over the counter, likewise to the exclusion of the shareholders’ right to tender proportional payment. The authorization may be exercised in whole or in part or in several installments and in pursuit of one or several purposes. The amount of EUR 2 per share shall constitute the lowest consideration and EUR 120 per share shall be the maximum consideration. EGB’s Management Board shall be authorized for a period of five years from the date of the resolution, until May 15, 2018, subject to the Supervisory Board’s consent, to sell or use the Company’s own shares, also by means other than the stock exchange or a public offering for any purpose allowed by the law, particularly as consideration for the acquisition and financing of the acquisition of companies, businesses, business divisions or shares of one or several businesses in Austria or abroad and to the exclusion of the shareholders’ proportional purchase option.

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Analyst Research

Report Title Price
FIRST INTERSTATE - COMPANY REPORT
Provider: Brown Brothers Harriman & Co.
$12.00
Buy
FIRST INTERSTATE - COMPANY REPORT
Provider: Brown Brothers Harriman & Co.
$12.00
Buy
FIRST INTERSTATE - COMPANY REPORT
Provider: Brown Brothers Harriman & Co.
$35.00
Buy
FIRST INTERSTATE - COMPANY REPORT
Provider: Brown Brothers Harriman & Co.
$35.00
Buy
BRD – H1, 2006 RESULTS, IN LINE WITH EXPECTATIONS
Provider: Swiss Capital
$92.00
Buy

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