Latest Atlantic Coast Federal Corp (ACFC) Headlines
Marcum Cronus Partners Pleased to Announce World Oil Tools Leveraged Recapitalization
Business Wire - Tue Mar 04, 7:40AM CST
Marcum Cronus Partners LLC (Marcum Cronus) is pleased to announce it acted as the exclusive financial advisor to World Oil Tools Inc. (World Oil Tools) in a leveraged recapitalization through credit facilities provided by HSBC Bank Canada and the Business Development Bank of Canada. World Oil Tools is a Canadian-based manufacturer and supplier of downhole equipment and tools to the oil and gas industry.
Regulatory Mandates and the Expansion of Big Data Drive Datacenter Interconnect, IDC Says
Business Wire - Wed Feb 26, 7:30AM CST
As datacenters continue to evolve, IT organizations are challenged by the emerging requirements of datacenter interconnect (DCI) and the exchanging, storing, processing and accessing of corporate information. Datacenter interconnect -- the requirement to interconnect two or more datacenter sites that are separated over a wide area -- is being driven by regulatory mandates and the expansion of Big Data as a key component of internal and external business functions.
Veeva to Participate in Upcoming Investor Conferences
Business Wire - Tue Feb 25, 11:21PM CST
Veeva Systems Inc. (NYSE: VEEV), a leading provider of industry cloud solutions for the life sciences industry, today announced participation in the following investor conferences:
Atlantic Coast Financial Corporation Announces Fourth Quarter and Full Year 2013 Results
Business Wire - Wed Jan 29, 3:01PM CST
Atlantic Coast Financial Corporation (the "Company") (NASDAQ: ACFC), the holding company for Atlantic Coast Bank (the "Bank"), today reported strong capital levels and superior asset quality at December 31, 2013. A non-performing asset sale reduced problem assets to pre-recession levels. A capital raise resulted in best-in-class capital ratios.
5 Stocks With Big Insider Buying
at The Street - Mon Dec 30, 12:34PM CST
Insiders usually buy their own shares for one reason: They think the stock is a bargain and has tremendous upside.
Atlantic Coast Financial completes public offering of USD48.3m common stock and exercise of underwriters' option
M2 - Wed Dec 04, 3:29AM CST
Atlantic Coast Financial Corporation (NASDAQ:ACFC), the holding company for Atlantic Coast Bank, completed its underwritten offering of 12,880,000 shares of its common stock, it said on Tuesday.
Atlantic Coast Financial Corporation Closes $48.3 Million Public Offering of Common Stock, Including Exercise of Underwriters' Over-Allotment Option
Business Wire - Tue Dec 03, 3:00PM CST
Atlantic Coast Financial Corporation (the "Company") (NASDAQ: ACFC), the holding company for Atlantic Coast Bank (the "Bank"), today announced the closing of its previously announced underwritten offering of its common stock. The Company raised $48.3 million in gross proceeds by issuing 12,880,000 shares of its common stock, which included the issuance of an additional 1,680,000 shares as a result of the exercise of the underwriters' over-allotment option, at a price to the public of $3.75 per share. FBR Capital Markets & Co. acted as the sole book-running manager for the offering.
Nasdaq stocks posting largest volume increases
AP - Wed Nov 27, 5:11PM CST
NEW YORK (AP) — A look at the 10 biggest volume gainers on Nasdaq at the close of trading:
Atlantic Coast Financial Corporation Prices Public Offering of Common Stock
Business Wire - Wed Nov 27, 6:00AM CST
Atlantic Coast Financial Corporation (the "Company") (NASDAQ:ACFC), the holding company for Atlantic Coast Bank (the "Bank"), today announced the pricing of its previously announced underwritten offering of $42.0 million of its common stock at a price to the public of $3.75 per share. FBR Capital Markets & Co. is acting as the sole book-running manager for the offering. The Company has granted the underwriters a 30-day option to purchase up to an additional 1,680,000 shares of common stock, solely to cover over-allotments, if any.
Atlantic Coast Financial begins public offering of USD42m common stock
M2 - Wed Nov 20, 5:25AM CST
Atlantic Coast Financial Corporation (NASDAQ:ACFC), the holding company for Atlantic Coast Bank, has begun an underwritten public offering of USD42m of its common stock, it said on Tuesday.
Atlantic Coast Financial Corporation Commences Public Offering of Common Stock
Business Wire - Tue Nov 19, 3:05PM CST
Atlantic Coast Financial Corporation (the "Company") (NASDAQ: ACFC), the holding company for Atlantic Coast Bank (the "Bank"), today announced that it has commenced an underwritten public offering of $42 million of its common stock. FBR Capital Markets & Co. is acting as the sole book-running manager for the offering. The Company expects to grant the underwriters a 30-day option to purchase up to an additional 15% of the shares of common stock sold, solely to cover over-allotments, if any. The offering is subject to market conditions, and there can be no assurance as to whether or when the offering may be completed.
Atlantic Coast Financial Corporation Reports Third Quarter 2013 Results
Business Wire - Tue Oct 29, 3:15PM CDT
Atlantic Coast Financial Corporation (the "Company") (NASDAQ: ACFC), the holding company for Atlantic Coast Bank (the "Bank"), today reported financial results for the quarter and nine months ended September 30, 2013.
Atlantic Coast Financial Corporation Names John K. Stephens President and Chief Executive Officer
Business Wire - Tue Sep 10, 3:15PM CDT
Atlantic Coast Financial Corporation (the "Company" or "Atlantic Coast Financial," NASDAQ symbol: ACFC), the holding company for Atlantic Coast Bank (the "Bank"), today announced that its Board of Directors has named John K. Stephens President and Chief Executive Officer of both Atlantic Coast Financial and Atlantic Coast Bank, contingent upon receipt of regulatory non-objection from the Office of the Comptroller of the Currency and the Federal Reserve Bank of Atlanta. Stephens will replace Thomas B. Wagers, Sr., who has served as Interim President and Chief Executive Officer since July 2013.
Atlantic Coast Financial Corporation Reports Second Quarter 2013 Results
Business Wire - Tue Jul 30, 4:00PM CDT
Atlantic Coast Financial Corporation (the "Company,")(NASDAQ: ACFC), the holding company for Atlantic Coast Bank (the "Bank"), today reported financial results for the second quarter and six months ended June 30, 2013.
Atlantic Coast Financial Corporation Announces That the Proposed Merger with Bond Street Holdings, Inc. Failed to Receive Stockholder Approval
Business Wire - Tue Jun 11, 9:50AM CDT
Atlantic Coast Financial Corporation (the "Company" or "Atlantic Coast Financial")(NASDAQ: ACFC), the holding company for Atlantic Coast Bank (the "Bank"), today announced that the proposed merger with Bond Street Holdings, Inc. ("Bond Street") did not receive stockholder approval at today's special meeting of stockholders. Likewise, a proposal that would have approved an adjournment of the meeting to allow for the solicitation of additional votes failed to receive stockholder approval.
Atlantic Coast Financial signs MOU with subsidiary to settle litigation related to its merger with Bond Street Holdings
M2 - Thu Jun 06, 3:00AM CDT
The holding company of Atlantic Coast Bank, Atlantic Coast Financial Corporation (NASDAQ:ACFC) disclosed on Wednesday that it signed a Memorandum of Understanding (MOU) with the bank, to settle some class action litigation related to the bank's pending merger with Bond Street Holdings Inc.
Atlantic Coast Financial Corporation Announces Settlement of Litigation Related to the Company's Pending Merger with Bond Street Holdings
Business Wire - Wed Jun 05, 4:34PM CDT
Atlantic Coast Financial Corporation (the "Company" or "Atlantic Coast Financial")(NASDAQ symbol: ACFC), the holding company for Atlantic Coast Bank (the "Bank"), today announced that the Company and the Bank have signed a Memorandum of Understanding ("MOU") to settle certain class action litigation related to Atlantic Coast Financial's pending merger with Bond Street Holdings, Inc. ("Bond Street"). As part of the MOU, the Company has agreed to make available additional information to Atlantic Coast Financial stockholders. The Company and other defendants continue to deny any wrongdoing in this matter and have entered into this settlement merely to eliminate the time, expense and uncertainties inherent in further litigation.
Marcum Cronus Partners Pleased to Announce World Oil Tools Leveraged Recapitalization
Business Wire - Tue Mar 04, 7:40AM CST
Marcum Cronus Partners LLC (Marcum Cronus) is pleased to announce it acted as the exclusive financial advisor to World Oil Tools Inc. (World Oil Tools) in a leveraged recapitalization through credit facilities provided by HSBC Bank Canada and the Business Development Bank of Canada. World Oil Tools is a Canadian-based manufacturer and supplier of downhole equipment and tools to the oil and gas industry.
Regulatory Mandates and the Expansion of Big Data Drive Datacenter Interconnect, IDC Says
Business Wire - Wed Feb 26, 7:30AM CST
As datacenters continue to evolve, IT organizations are challenged by the emerging requirements of datacenter interconnect (DCI) and the exchanging, storing, processing and accessing of corporate information. Datacenter interconnect -- the requirement to interconnect two or more datacenter sites that are separated over a wide area -- is being driven by regulatory mandates and the expansion of Big Data as a key component of internal and external business functions.
Veeva to Participate in Upcoming Investor Conferences
Business Wire - Tue Feb 25, 11:21PM CST
Veeva Systems Inc. (NYSE: VEEV), a leading provider of industry cloud solutions for the life sciences industry, today announced participation in the following investor conferences:
Atlantic Coast Financial Corporation Announces Fourth Quarter and Full Year 2013 Results
Business Wire - Wed Jan 29, 3:01PM CST
Atlantic Coast Financial Corporation (the "Company") (NASDAQ: ACFC), the holding company for Atlantic Coast Bank (the "Bank"), today reported strong capital levels and superior asset quality at December 31, 2013. A non-performing asset sale reduced problem assets to pre-recession levels. A capital raise resulted in best-in-class capital ratios.
5 Stocks With Big Insider Buying
at The Street - Mon Dec 30, 12:34PM CST
Insiders usually buy their own shares for one reason: They think the stock is a bargain and has tremendous upside.
Atlantic Coast Financial completes public offering of USD48.3m common stock and exercise of underwriters' option
M2 - Wed Dec 04, 3:29AM CST
Atlantic Coast Financial Corporation (NASDAQ:ACFC), the holding company for Atlantic Coast Bank, completed its underwritten offering of 12,880,000 shares of its common stock, it said on Tuesday.
Atlantic Coast Financial Corporation Closes $48.3 Million Public Offering of Common Stock, Including Exercise of Underwriters' Over-Allotment Option
Business Wire - Tue Dec 03, 3:00PM CST
Atlantic Coast Financial Corporation (the "Company") (NASDAQ: ACFC), the holding company for Atlantic Coast Bank (the "Bank"), today announced the closing of its previously announced underwritten offering of its common stock. The Company raised $48.3 million in gross proceeds by issuing 12,880,000 shares of its common stock, which included the issuance of an additional 1,680,000 shares as a result of the exercise of the underwriters' over-allotment option, at a price to the public of $3.75 per share. FBR Capital Markets & Co. acted as the sole book-running manager for the offering.
Nasdaq stocks posting largest volume increases
AP - Wed Nov 27, 5:11PM CST
NEW YORK (AP) — A look at the 10 biggest volume gainers on Nasdaq at the close of trading:
Atlantic Coast Financial Corporation Prices Public Offering of Common Stock
Business Wire - Wed Nov 27, 6:00AM CST
Atlantic Coast Financial Corporation (the "Company") (NASDAQ:ACFC), the holding company for Atlantic Coast Bank (the "Bank"), today announced the pricing of its previously announced underwritten offering of $42.0 million of its common stock at a price to the public of $3.75 per share. FBR Capital Markets & Co. is acting as the sole book-running manager for the offering. The Company has granted the underwriters a 30-day option to purchase up to an additional 1,680,000 shares of common stock, solely to cover over-allotments, if any.
Atlantic Coast Financial begins public offering of USD42m common stock
M2 - Wed Nov 20, 5:25AM CST
Atlantic Coast Financial Corporation (NASDAQ:ACFC), the holding company for Atlantic Coast Bank, has begun an underwritten public offering of USD42m of its common stock, it said on Tuesday.
Atlantic Coast Financial Corporation Commences Public Offering of Common Stock
Business Wire - Tue Nov 19, 3:05PM CST
Atlantic Coast Financial Corporation (the "Company") (NASDAQ: ACFC), the holding company for Atlantic Coast Bank (the "Bank"), today announced that it has commenced an underwritten public offering of $42 million of its common stock. FBR Capital Markets & Co. is acting as the sole book-running manager for the offering. The Company expects to grant the underwriters a 30-day option to purchase up to an additional 15% of the shares of common stock sold, solely to cover over-allotments, if any. The offering is subject to market conditions, and there can be no assurance as to whether or when the offering may be completed.
Atlantic Coast Financial Corporation Reports Third Quarter 2013 Results
Business Wire - Tue Oct 29, 3:15PM CDT
Atlantic Coast Financial Corporation (the "Company") (NASDAQ: ACFC), the holding company for Atlantic Coast Bank (the "Bank"), today reported financial results for the quarter and nine months ended September 30, 2013.
Atlantic Coast Financial Corporation Names John K. Stephens President and Chief Executive Officer
Business Wire - Tue Sep 10, 3:15PM CDT
Atlantic Coast Financial Corporation (the "Company" or "Atlantic Coast Financial," NASDAQ symbol: ACFC), the holding company for Atlantic Coast Bank (the "Bank"), today announced that its Board of Directors has named John K. Stephens President and Chief Executive Officer of both Atlantic Coast Financial and Atlantic Coast Bank, contingent upon receipt of regulatory non-objection from the Office of the Comptroller of the Currency and the Federal Reserve Bank of Atlanta. Stephens will replace Thomas B. Wagers, Sr., who has served as Interim President and Chief Executive Officer since July 2013.
Atlantic Coast Financial Corporation Reports Second Quarter 2013 Results
Business Wire - Tue Jul 30, 4:00PM CDT
Atlantic Coast Financial Corporation (the "Company,")(NASDAQ: ACFC), the holding company for Atlantic Coast Bank (the "Bank"), today reported financial results for the second quarter and six months ended June 30, 2013.
Atlantic Coast Financial Corporation Announces That the Proposed Merger with Bond Street Holdings, Inc. Failed to Receive Stockholder Approval
Business Wire - Tue Jun 11, 9:50AM CDT
Atlantic Coast Financial Corporation (the "Company" or "Atlantic Coast Financial")(NASDAQ: ACFC), the holding company for Atlantic Coast Bank (the "Bank"), today announced that the proposed merger with Bond Street Holdings, Inc. ("Bond Street") did not receive stockholder approval at today's special meeting of stockholders. Likewise, a proposal that would have approved an adjournment of the meeting to allow for the solicitation of additional votes failed to receive stockholder approval.
Atlantic Coast Financial signs MOU with subsidiary to settle litigation related to its merger with Bond Street Holdings
M2 - Thu Jun 06, 3:00AM CDT
The holding company of Atlantic Coast Bank, Atlantic Coast Financial Corporation (NASDAQ:ACFC) disclosed on Wednesday that it signed a Memorandum of Understanding (MOU) with the bank, to settle some class action litigation related to the bank's pending merger with Bond Street Holdings Inc.
Atlantic Coast Financial Corporation Announces Settlement of Litigation Related to the Company's Pending Merger with Bond Street Holdings
Business Wire - Wed Jun 05, 4:34PM CDT
Atlantic Coast Financial Corporation (the "Company" or "Atlantic Coast Financial")(NASDAQ symbol: ACFC), the holding company for Atlantic Coast Bank (the "Bank"), today announced that the Company and the Bank have signed a Memorandum of Understanding ("MOU") to settle certain class action litigation related to Atlantic Coast Financial's pending merger with Bond Street Holdings, Inc. ("Bond Street"). As part of the MOU, the Company has agreed to make available additional information to Atlantic Coast Financial stockholders. The Company and other defendants continue to deny any wrongdoing in this matter and have entered into this settlement merely to eliminate the time, expense and uncertainties inherent in further litigation.
