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TowneBank and Franklin Financial Corporation Receive Regulatory Approvals for Merger

2014-12-13 00:15:03| Paper - Topix.net

Hampton Roads-based TowneBank and Richmond-based Franklin Financial Corporation today announced that the Federal Deposit Insurance Corporation and the Virginia State Corporation Commission have approved the regulatory applications filed in connection with the Company's acquisition of Franklin and its wholly-owned subsidiary Franklin Federal Savings Bank. The stockholders of TowneBank and Franklin have approved the transaction at separate stockholder meetings and the acquisition is expected to be completed in early January 2015.

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Options Check-Up: Expedia Inc, FedEx Corporation, Juniper Networks

2014-12-12 15:43:27| Air Courier - Topix.net

Somewhat surprisingly, sentiment in the equity's options pits is bearish. Expedia Inc's 50-day International Securities Exchange , Chicago Board Options Exchange , and NASDAQ OMX PHLX put/call volume ratio of 0.82 sits only 7 percentage points from an annual high, revealing puts have been bought to open over calls at a faster-than-normal pace of late.

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Nordson Corporation Delivers Record Fourth Quarter and Full Year Results

2014-12-12 06:17:18| Industrial Machines - Topix.net

Nordson Corporation today reported results for the fourth quarter of fiscal year 2014. For the quarter ending October 31, 2014, sales were $469 million, a 14 percent increase over the prior year's fourth quarter.

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ModernGraham Annual Valuation Of Union Pacific Corporation

2014-12-11 12:37:51| Railroads - Topix.net

The market is implying 8.43% earnings growth over the next 7-10 years, considerably lower than the rate the company has seen in recent years. Union Pacific Corporation has experienced a steady rise in its earnings over the last several years, a fact that will instantly attract many investors.

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Universal Electric Corporation Awarded Manufacturer of the Year by the Pittsburgh Business Times

2014-12-11 11:30:51| Industrial Newsroom - All News for Today

Manufacturer of STARLINE and U-S Safety Trolley brands takes home award for Manufacturer of the Year in the 200-399 employee category CANONSBURG, Pa. Universal Electric Corporation (UEC), a recognized leader in customizable power distribution systems, has won the Manufacturer of the Year Award in its category...

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