Blog Posts by Stacy Curtin

  • Hancock Announces Pricing of $150 Million of Subordinated Notes

    GULFPORT, Miss., March 2, 2015 (GLOBE NEWSWIRE) -- Hancock Holding Company (HBHC) today announced the pricing of an offering of $150 million of its 5.95% Subordinated Notes due 2045. The notes are expected to trade on the Nasdaq Global Select Market under the ticker "HBHCL". The offering is expected to close on March 9, 2015, subject to the satisfaction or waiver of customary closing conditions.

    The notes will qualify as Tier 2 regulatory capital for the company, and the company intends to use the proceeds for general corporate purposes, including common stock buybacks and supplementing existing capital.

    Morgan Stanley & Co. LLC is acting as sole book-runner for the subordinated debt offering.

    This announcement does not constitute an offer to buy or a solicitation to sell the subordinated notes. The issuer has filed a registration statement, including a preliminary prospectus supplement and accompanying prospectus, with the Securities and Exchange Commission ("SEC") for the

    Read More »from Hancock Announces Pricing of $150 Million of Subordinated Notes
    Contact:
    For More Information
    Trisha Voltz Carlson, SVP Investor Relations Manager
    504-299-5208 or trisha.carlson@hancockbank.com
  • Lumber Liquidators stands behind products as stock plunges

    Lumber Liquidators defends products as safe after '60 Minutes' report raises health concerns

    TOANO, Va. (AP) -- Lumber Liquidators is refuting a "60 Minutes" report that raised health concerns about some of its laminate flooring products and pushed its stock price to its lowest level in more than two years.

    In a Monday filing with the Securities and Exchange Commission, Lumber Liquidators said all of its laminate flooring meets the safety standards set by regulators throughout the U.S. The defense came the day after "60 Minutes" aired findings that some of Lumber Liquidators' flooring made in China had high levels of formaldehyde, a carcinogen.

    The tests by three certified labs concluded the amounts of formaldehyde failed to meet California's emissions standards.

    Lumber Liquidators' stock plunged $13.03, or 25 percent, to close at $38.83. Earlier in the session, the shares fell to $38.19, the lowest since July 2012.

    The Toano, Virginia, company asserted that the doubts being raised by

    Read More »from Lumber Liquidators stands behind products as stock plunges
  • Nine Safe CCAR Picks Poised to Boost Payouts

    Sandler O’Neill + Partners With each passing year, we feel that the entire Dodd-Frank Act Stress Testing/Comprehensive Capital Analysis and Review process becomes a little less of an “event.” Picking annual winners and losers becomes less of a factor, as the market is already pretty well attuned to companies’ capital-management expectations. Plus, we are a few years removed from most companies already having normalized their capital-return profiles in the 60%-80% range, so expected increases have become less noteworthy for most. We consider these our “safety” names: American Express (AXP); Comerica (CMA); Capital One Financial (COF); Discover Financial Services (DFS); Huntington Bancshares (HBAN); KeyCorp (KEY); Northern Trust (NTRS); PNC Financial Services Group (PNC); and U.S. Bancorp (USB). In other words, they have all done well in recent Comprehensive Capital Analysis and Reviews (CCARs), they all have strong capital levels and risk profiles, and they

    Read More »from Nine Safe CCAR Picks Poised to Boost Payouts
  • Eagle Energy Trust Provides 2014 Canadian Tax Information

    CALGARY, ALBERTA--(Marketwired - Mar 2, 2015) - (TSX:EGL.UN): Eagle Energy Trust ("Eagle") is pleased to announce that the Trust's 2014 Statement of Trust Income Allocations and Designations is available on the Trust's website under "Investors - Tax Information - Canadian Tax Forms" and has also been posted to the CDS Innovations Inc. website at www.cdsinnovations.ca. The Trust has provided this information for the purpose of the preparation and delivery of the Canadian tax T3 form by brokerage firms to their clients who beneficially own units in Eagle Energy Trust. For 2014 distributions, the portion allocated to return of capital is 58%.

    About Eagle Energy Trust

    Eagle is an oil and gas energy trust created to provide investors with a sustainable business while delivering moderate growth in production and overall growth through accretive acquisitions. Eagle's units are traded on the Toronto Stock Exchange under the symbol EGL.UN.

    All material information

    Read More »from Eagle Energy Trust Provides 2014 Canadian Tax Information
    Contact:
    Kelly Tomyn
    Chief Financial Officer
    (403) 531-1574
    ktomyn@eagleenergytrust.com
    Richard W. Clark
    President and Chief Executive Officer
    (403) 531-1575
    rclark@eagleenergytrust.com
    Eagle Energy Inc.
    Suite 2710, 500-4th Avenue SW
    Calgary, Alberta T2P 2V6
    (403) 531-1575
    (855) 531-1575 (toll free)
    info@eagleenergytrust.com

  • WIRELESS SHOW PHOTO GALLERY: On the ground in Barcelona

    A slideshow of the people and phones making headlines at the wireless show in Barcelona, Spain

    BARCELONA, Spain (AP) -- Couldn't be in Barcelona this week?

    Here's a look from the floor of the wireless show as gadget heavy weight Samsung released its fancy new S6 Edge and Gear virtual reality headset, Google announced a foray into the wireless data plan market, and Facebook's Mark Zuckerberg talked about getting the world online.

    The show opened Monday and continues until Thursday.

    -----

    Photographers Manu Fernandez and Emilio Morenatti contributed.

  • Springleaf Nears Deal For Citigroup's OneMain

    Subprime lender Springleaf Holdings is nearing a deal to buy Citigroup’s OneMain Financial for about $4.25 billion, said people familiar with the matter.

  • ADVISORY - FP Newspapers Inc. Announces Fourth Quarter Results Conference Call

    WINNIPEG, MANITOBA--(Marketwired - Mar 2, 2015) - FP Newspapers Inc. (FP.TO) invites members of the investment community and media to participate in the fourth quarter results conference call. Ron Stern, Chairman, Bob Cox, Publisher of the Winnipeg Free Press and Dan Koshowski, Chief Financial Officer will discuss the third quarter results. The review will be followed by a question and answer session. Please plan to connect five minutes prior to the scheduled start time.

    FP Newspapers Inc. Fourth Quarter Call, Thursday, March 12, 2015 at 12:00 p.m. Eastern (11:00 a.m. Central).

    Conference call

    Participants may join the call by dialing 416-340-2218 or dial toll free at 866-225-0198 five minutes prior to 12:00 p.m. ET. The call will be available at any time for replay until April 1, 2015. To hear the replay dial 905-694-9451 or dial toll free at 800-408-3053. The replay code is 7078000.

    FPI owns securities entitling it to 49% of the distributable cash

    Read More »from ADVISORY - FP Newspapers Inc. Announces Fourth Quarter Results Conference Call
    Contact:
    FP Newspapers Inc.
    Daniel Koshowski
    CFO
    (204) 697-7425
    (204) 632-0281
    www.fpnewspapers.com

  • Chimera meets 4Q profit forecasts

    Chimera Investment posts 4Q profit of $6.5 million, result matches expectations

    NEW YORK (AP) _ Chimera Investment Corp. (CIM) on Monday reported fourth-quarter profit of $6.5 million.

    On a per-share basis, the New York-based company said it had profit of 1 cent. Earnings, adjusted for non-recurring costs, came to 12 cents per share.

    The results met Wall Street expectations. The average estimate of analysts surveyed by Zacks Investment Research was also for earnings of 12 cents per share.

    The mortgage investor posted revenue of $176.7 million in the period.

    For the year, the company reported profit of $589.2 million, or 57 cents per share. Revenue was reported as $540 million.

    In the final minutes of trading on Monday, the company's shares hit $3.22. A year ago, they were trading at $3.19.

    _____

    This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research.

    Read More »from Chimera meets 4Q profit forecasts
  • Halozyme Therapeutics reports 4Q loss

    Halozyme Therapeutics reports 4th-quarter loss but tops expectations

    SAN DIEGO (AP) _ Halozyme Therapeutics Inc. (HALO) on Monday reported a loss of $5.3 million in its fourth quarter.

    The San Diego-based company said it had a loss of 4 cents per share.

    The results topped Wall Street expectations. The average estimate of analysts surveyed by Zacks Investment Research was for a loss of 9 cents per share.

    The biopharmaceutical company posted revenue of $30.4 million in the period, also exceeding Street forecasts. Analysts expected $23.5 million, according to Zacks.

    For the year, the company reported that its loss narrowed to $68.4 million, or 56 cents per share. Revenue was reported as $75.3 million.

    Halozyme Therapeutics expects full-year revenue in the range of $85 million to $95 million.

    Halozyme Therapeutics shares have increased 58 percent since the beginning of the year. In the final minutes of trading on Monday, shares hit

    Read More »from Halozyme Therapeutics reports 4Q loss
  • Morneau Shepell Reports 2014 Fourth Quarter and 2014 Financial Results

    /NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE U.S./

    TORONTO , March 2, 2015 /CNW/ - Morneau Shepell Inc. (the "Company" or "Morneau Shepell") (MSI.TO) today reported its financial results for 2014 (all amounts are in Canadian dollars, unless noted otherwise).

    Highlights

    • A 13.7 per cent increase in revenue to $535.9 million compared to $471.2 million for year before
    • Record Adjusted EBITDA and profit

    "The year 2014 was another strong year for Morneau Shepell," said Bill Morneau , Executive Chair of Morneau Shepell. "We continued to deliver a solid performance.  We also expect that our continued investment in our business, our new acquisitions, our expansion in the U.S., and our established and prospective client base will continue to yield positive results for the Company."

    "I am satisfied with our performance in 2014," said Alan Torrie , President and CEO of Morneau Shepell.  "We delivered strong revenue growth of 13.7 per cent compared to

    Read More »from Morneau Shepell Reports 2014 Fourth Quarter and 2014 Financial Results
    Contact:
    Investors: Michele Kumara, 416.383.6463, mkumara@morneaushepell.com; Media: Helen Reeves, 416.345.5633, hreeves@moreneaushepell.com

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