Latest Manhattan Bridge Capital Inc (LOAN) Headlin
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Posted On: 03/12/2014 11:16:36 PM
Latest Manhattan Bridge Capital Inc (LOAN) Headlines
Manhattan Bridge Capital, Inc. Doubles Its Quarterly Dividend to $0.02 Per Share
GlobeNewswire - Tue Feb 04, 6:00AM CST
Manhattan Bridge Capital, Inc. (Nasdaq:LOAN) announced today that it would pay a $0.02 per share dividend to shareholders of record on May 15, 2014, August 15, 2014, November 14, 2014 and February 13, 2015 with pay dates on May 20, 2014, August 20, 2014, November 20, 2014 and February 20, 2015.
Manhattan Bridge Capital, Inc. Announces Payment of Fourth Quarterly $0.01 Per Share Dividend
GlobeNewswire - Mon Feb 03, 6:00AM CST
Manhattan Bridge Capital, Inc. (Nasdaq:LOAN)
Manhattan Bridge Capital, Inc. Increases Its Revolving Line of Credit to $7 Million
GlobeNewswire - Mon Dec 16, 6:18AM CST
Manhattan Bridge Capital, Inc. (Nasdaq:LOAN) announced today that its Revolving Line of Credit with Sterling National Bank has been increased to up to $7 million, $2 million more than the previous limit. The terms of the increased line are similar to the terms of the original line established on May 2, 2012, which currently provides for an interest rate of 6% per year.
Manhattan Bridge Capital, Inc. Announces Payment of Third Quarterly $0.01 Per Share Dividend
GlobeNewswire - Fri Nov 01, 6:00AM CDT
Manhattan Bridge Capital, Inc. (Nasdaq:LOAN) announced today that in accordance with the dividend program that was announced on May 2, 2013, a cash dividend of $0.01 per share will be paid to all shareholders of record on November 15, 2013 with pay date on November 20, 2013.
Manhattan Bridge Capital, Inc. Reports Third Quarter Results
GlobeNewswire - Wed Oct 30, 11:17AM CDT
Manhattan Bridge Capital, Inc. (Nasdaq:LOAN) announced today that total revenues for the three month period ended September 30, 2013 were approximately $585,000 compared to approximately $491,000 for the three month period ended September 30, 2012, an increase of $94,000 or 19.1%. The increase in revenue represents an increase in lending operations. For the three month periods ended September 30, 2013 and 2012, approximately $479,000 and $402,000, respectively, of our revenues were attributable to interest income on the secured commercial loans that we offer to small businesses, and approximately $106,000 and $89,000, respectively, of our revenues were attributable to origination fees on such loans.
Manhattan Bridge Capital, Inc. Announces Payment of Second Quarterly $0.01 Per Share Dividend
GlobeNewswire - Fri Aug 02, 6:00AM CDT
Manhattan Bridge Capital, Inc. (Nasdaq:LOAN) announced today that in accordance with the dividend program that was announced on May 2, 2013, a cash dividend of $0.01 per share will be paid to all shareholders of record on August 15, 2013 with pay date on August 20, 2013.
Manhattan Bridge Capital, Inc. Doubles Net Earnings
GlobeNewswire - Wed Jul 31, 6:05AM CDT
Manhattan Bridge Capital, Inc. (Nasdaq:LOAN)
Manhattan Bridge Capital, Inc. Declares Four Quarterly Dividends of $0.01 Per Share
GlobeNewswire - Thu May 02, 6:00AM CDT
Manhattan Bridge Capital, Inc. (Nasdaq:LOAN) announced today that it would pay a $0.01 per share dividend to shareholders of record on May 15, 2013, August 15, 2013, November 15, 2013 and February 14, 2014 with pay dates on May 20, 2013, August 20, 2013, November 20, 2013 and February 20, 2014.
Manhattan Bridge Capital, Inc. - Court Approves Settlement of Derivative Action
GlobeNewswire - Wed Apr 03, 9:34AM CDT
Manhattan Bridge Capital, Inc. (Nasdaq:LOAN), (the "Company") announced today that the Stipulation and Agreement of Settlement of an action brought by Alan R. Kahn, derivatively on behalf of the Company against the directors of the Company and the Company, as a nominal defendant, was approved on April 2, 2013 by the Supreme Court of the State of New York, County of Nassau. Under the terms of the settlement, Assaf Ran is required to enter into a written commitment that he will not withdraw his personal guarantee of the Company's Line of Credit with Sterling National Bank for at least two years from the effective date of the settlement, but only so long as he remains the Chief Executive Officer of the Company and the record or beneficial owner of a majority of its Common Stock and provided that if this Line of Credit is increased his maximum personal guarantee will not exceed $5 million. In addition, the Company has agreed to continue various governance practices now in effect and to strengthen its corporate
Manhattan Bridge Capital, Inc. Reports Results for Fiscal Year 2012
GlobeNewswire - Fri Mar 22, 3:30PM CDT
Manhattan Bridge Capital, Inc. (Nasdaq:LOAN)
Manhattan Bridge Capital, Inc. Enters Into an Agreement for Settlement of the Pending Derivative Action, Subject to Court Approval
GlobeNewswire - Fri Feb 15, 4:45PM CST
Manhattan Bridge Capital, Inc. (Nasdaq:LOAN), (the "Company") announced today it had entered into Stipulation and Agreement of Settlement of an action brought by Alan R. Kahn, derivatively on behalf of the Company against the directors of the Company and the Company, as a nominal defendant. The settlement is subject to approval by the Supreme Court of the State of New York, County of Nassau. Under the terms of the proposed settlement, defendant Assaf Ran is required to enter into a written commitment that he will not withdraw his personal guarantee of the Company's Line of Credit with Sterling National Bank for at least two years from the effective date of the settlement, but only so long as he remains the Chief Executive Officer of the Company and the record or beneficial owner of a majority of its Common Stock and provided that if this Line of Credit is increased his maximum personal guarantee will not exceed $5 million. In addition, the Company has agreed to continue various governance practices now in e
Manhattan Bridge Capital, Inc. Doubles Its Quarterly Dividend to $0.02 Per Share
GlobeNewswire - Tue Feb 04, 6:00AM CST
Manhattan Bridge Capital, Inc. (Nasdaq:LOAN) announced today that it would pay a $0.02 per share dividend to shareholders of record on May 15, 2014, August 15, 2014, November 14, 2014 and February 13, 2015 with pay dates on May 20, 2014, August 20, 2014, November 20, 2014 and February 20, 2015.
Manhattan Bridge Capital, Inc. Announces Payment of Fourth Quarterly $0.01 Per Share Dividend
GlobeNewswire - Mon Feb 03, 6:00AM CST
Manhattan Bridge Capital, Inc. (Nasdaq:LOAN)
Manhattan Bridge Capital, Inc. Increases Its Revolving Line of Credit to $7 Million
GlobeNewswire - Mon Dec 16, 6:18AM CST
Manhattan Bridge Capital, Inc. (Nasdaq:LOAN) announced today that its Revolving Line of Credit with Sterling National Bank has been increased to up to $7 million, $2 million more than the previous limit. The terms of the increased line are similar to the terms of the original line established on May 2, 2012, which currently provides for an interest rate of 6% per year.
Manhattan Bridge Capital, Inc. Announces Payment of Third Quarterly $0.01 Per Share Dividend
GlobeNewswire - Fri Nov 01, 6:00AM CDT
Manhattan Bridge Capital, Inc. (Nasdaq:LOAN) announced today that in accordance with the dividend program that was announced on May 2, 2013, a cash dividend of $0.01 per share will be paid to all shareholders of record on November 15, 2013 with pay date on November 20, 2013.
Manhattan Bridge Capital, Inc. Reports Third Quarter Results
GlobeNewswire - Wed Oct 30, 11:17AM CDT
Manhattan Bridge Capital, Inc. (Nasdaq:LOAN) announced today that total revenues for the three month period ended September 30, 2013 were approximately $585,000 compared to approximately $491,000 for the three month period ended September 30, 2012, an increase of $94,000 or 19.1%. The increase in revenue represents an increase in lending operations. For the three month periods ended September 30, 2013 and 2012, approximately $479,000 and $402,000, respectively, of our revenues were attributable to interest income on the secured commercial loans that we offer to small businesses, and approximately $106,000 and $89,000, respectively, of our revenues were attributable to origination fees on such loans.
Manhattan Bridge Capital, Inc. Announces Payment of Second Quarterly $0.01 Per Share Dividend
GlobeNewswire - Fri Aug 02, 6:00AM CDT
Manhattan Bridge Capital, Inc. (Nasdaq:LOAN) announced today that in accordance with the dividend program that was announced on May 2, 2013, a cash dividend of $0.01 per share will be paid to all shareholders of record on August 15, 2013 with pay date on August 20, 2013.
Manhattan Bridge Capital, Inc. Doubles Net Earnings
GlobeNewswire - Wed Jul 31, 6:05AM CDT
Manhattan Bridge Capital, Inc. (Nasdaq:LOAN)
Manhattan Bridge Capital, Inc. Declares Four Quarterly Dividends of $0.01 Per Share
GlobeNewswire - Thu May 02, 6:00AM CDT
Manhattan Bridge Capital, Inc. (Nasdaq:LOAN) announced today that it would pay a $0.01 per share dividend to shareholders of record on May 15, 2013, August 15, 2013, November 15, 2013 and February 14, 2014 with pay dates on May 20, 2013, August 20, 2013, November 20, 2013 and February 20, 2014.
Manhattan Bridge Capital, Inc. - Court Approves Settlement of Derivative Action
GlobeNewswire - Wed Apr 03, 9:34AM CDT
Manhattan Bridge Capital, Inc. (Nasdaq:LOAN), (the "Company") announced today that the Stipulation and Agreement of Settlement of an action brought by Alan R. Kahn, derivatively on behalf of the Company against the directors of the Company and the Company, as a nominal defendant, was approved on April 2, 2013 by the Supreme Court of the State of New York, County of Nassau. Under the terms of the settlement, Assaf Ran is required to enter into a written commitment that he will not withdraw his personal guarantee of the Company's Line of Credit with Sterling National Bank for at least two years from the effective date of the settlement, but only so long as he remains the Chief Executive Officer of the Company and the record or beneficial owner of a majority of its Common Stock and provided that if this Line of Credit is increased his maximum personal guarantee will not exceed $5 million. In addition, the Company has agreed to continue various governance practices now in effect and to strengthen its corporate
Manhattan Bridge Capital, Inc. Reports Results for Fiscal Year 2012
GlobeNewswire - Fri Mar 22, 3:30PM CDT
Manhattan Bridge Capital, Inc. (Nasdaq:LOAN)
Manhattan Bridge Capital, Inc. Enters Into an Agreement for Settlement of the Pending Derivative Action, Subject to Court Approval
GlobeNewswire - Fri Feb 15, 4:45PM CST
Manhattan Bridge Capital, Inc. (Nasdaq:LOAN), (the "Company") announced today it had entered into Stipulation and Agreement of Settlement of an action brought by Alan R. Kahn, derivatively on behalf of the Company against the directors of the Company and the Company, as a nominal defendant. The settlement is subject to approval by the Supreme Court of the State of New York, County of Nassau. Under the terms of the proposed settlement, defendant Assaf Ran is required to enter into a written commitment that he will not withdraw his personal guarantee of the Company's Line of Credit with Sterling National Bank for at least two years from the effective date of the settlement, but only so long as he remains the Chief Executive Officer of the Company and the record or beneficial owner of a majority of its Common Stock and provided that if this Line of Credit is increased his maximum personal guarantee will not exceed $5 million. In addition, the Company has agreed to continue various governance practices now in e
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