Latest Fbr & Co (FBRC) Headlines
SolarWinds Addresses Managing Increasingly Complex Networks at AFCEA West 2014
Marketwire - Wed Feb 05, 6:30AM CST
SolarWinds (NYSE: SWI), a leading provider of powerful and affordable IT management software, today announced its upcoming participation in AFCEA West 2014, the largest event on the West Coast for the military Sea Services, running February 11-13 in San Diego, CA. At the event, SolarWinds will present, "Protecting Increasingly Complex Networks, Both Ashore and Afloat," offer live, in-booth product demonstrations and host a free networking reception.
FBR Reports Fourth Quarter and Full Year 2013 Financial Results
GlobeNewswire - Tue Feb 04, 9:48PM CST
FBR & Co. (Nasdaq:FBRC) ("FBR" or the "Company"), a leading investment bank serving the middle market, today reported net after-tax earnings of $92.9 million, or $7.17 per diluted share for the year ended December 31, 2013, compared to net after-tax earnings of $29.7 million, or $2.15 per diluted share in 2012. Pretax income from continuing operations for 2013 was $57.3 million on revenue of $259.8 million compared with $3.9 million on revenue of $151.5 million in 2012.
FBR to Report Fourth Quarter and Full Year 2013 Financial Results
GlobeNewswire - Wed Jan 22, 3:00PM CST
FBR & Co. (Nasdaq:FBRC) (FBR), a leading investment bank serving the middle market, announced today that it will release results for the fourth quarter and full year of 2013 before the market opens on Wednesday, February 5, 2014.
Directors of B.C. Mining Company Settle With BCSC
Marketwire - Fri Dec 20, 12:43PM CST
In a settlement agreement with the British Columbia Securities Commission, Wilhelmus (William) Kocken, Matthew Ball, and Bralorne Gold Mines Ltd. admitted to breaching Canadian mining rules by disclosing the results of an economic analysis that included, or was based on, a target for further exploration of the company's gold mining operation.
Optomec Presents at FBR 3D Printing Conference
Business Wire - Tue Dec 17, 11:22AM CST
Optomec announced today that the company recently participated in a 3D Printing Conference hosted by FBR & Co in New York City. The conference brought together institutional investors and thought leaders in additive manufacturing, including major equipment and technology developers, service centers and users, and academics, for an informative and productive day of panels and one-on-one meetings.
FBR Hires Sanjay K. Shrestha as Investment Banking Managing Director
GlobeNewswire - Wed Nov 13, 3:10PM CST
Aditya Satghare Joins as VP, Research Analyst
FBR & Co. SHAREHOLDER ALERT: The Law Firm of Levi & Korsinsky, LLP Launches an Investigation into Possible Breaches of Fiduciary Duty by the Board of Directors of FBR & Co.
Business Wire - Wed Nov 13, 1:46PM CST
Levi & Korsinsky, LLP is investigating FBR & Co. (NasdaqGS: FBRC) in connection with possible claims of breaches of fiduciary duty.
FBR Reports Third Quarter Financial Results
GlobeNewswire - Tue Oct 22, 4:04PM CDT
FBR & Co. (Nasdaq:FBRC) ("FBR" or the "Company"), a leading investment bank serving the middle market, today reported net income of $6.4 million, or $0.48 per diluted share, for the third quarter of 2013 compared to a net loss of $3.4 million, or $0.27 per diluted share, in the third quarter of 2012, and net income of $46.5 million, or $3.52 per diluted share, for the second quarter of 2013. For the first nine months of 2013, the Company reported net after-tax income of $88.2 million compared to a net after-tax loss of $2.4 million for the first nine months of 2012.
Lazard Capital Markets Transitions 29 Employees to FBR
Business Wire - Mon Oct 14, 6:19PM CDT
Lazard Capital Markets LLC ("LCM"), the privately-held financial services firm, today announced that FBR & Co. hired 29 professionals from LCM in a negotiated agreement.
FBR Broadens Capital Markets Franchise With Addition of Team From Lazard Capital Markets
GlobeNewswire - Mon Oct 14, 3:24PM CDT
FBR & Co. (Nasdaq:FBRC) ("FBR" or the "Company"), a leading investment bank serving the middle market, announced today that it has expanded its core capital markets organization with the addition of 29 professionals from Lazard Capital Markets, the privately held financial services firm, in connection with a negotiated transaction. Included in this group are 6 senior research analysts, 6 sales traders, 3 position traders, and 4 institutional sales people.
FBR to Report Third Quarter 2013 Financial Results
GlobeNewswire - Mon Oct 07, 3:30PM CDT
FBR & Co. (Nasdaq:FBRC) (FBR), a leading investment bank serving the middle market, announced today that it will release results for the third quarter of 2013 before the market opens on Wednesday, October 23, 2013.
FBR Hires Thomas P. Curran, CFA as SVP, Senior Research Analyst Covering Oilfield Services, Equipment, & Drilling
GlobeNewswire - Mon Oct 07, 8:59AM CDT
FBR & Co. (Nasdaq:FBRC) ("FBR" or the "Company"), a leading investment bank serving the middle market, announced today that Thomas P. Curran, CFA has been hired by the Company to join its Energy team in Equity Research. Mr. Curran will cover the Oilfield Services, Equipment, & Drilling sector.
FBR Announces the Addition of Two M&A Specialists Continuing Buildout of Advisory Business
GlobeNewswire - Tue Sep 17, 3:30PM CDT
FBR & Co. (Nasdaq:FBRC) ("FBR" or the "Company"), a leading investment bank serving the middle market, announced today that Warren N. Romine and Matthew W. Spain have joined the firm as Managing Directors in the Company's Diversified Industrials Investment Banking Group. Both men will focus primarily on the continuing expansion of the Investment Bank's advisory business.
FBR Announces BIG "switches:" little SERVERS Conference: Cloud Services and the Coming Renaissance in Big IT
GlobeNewswire - Fri Sep 06, 2:19PM CDT
FBR & Co. (Nasdaq:FBRC) ("FBR" or the "Company"), a leading investment bank serving the middle market, announced today that it will host the BIG "switches:" little SERVERS Conference: Cloud Services and the Coming Renaissance in Big IT on Monday September 9, 2013. The event will explore the implications of the dramatic changes driving new hardware innovation and fresh network architectures, as well as challenging decades-old strategic partnerships in the datacenter world. Features of the conference will include panel discussions and one-on-one meetings with some of the most influential leaders in the IT industry.
Hennessy Advisors, Inc. Announces Third Quarter Earnings Increase 380%
PR Newswire - Wed Aug 07, 4:27PM CDT
Hennessy Advisors, Inc. (OTCBB:HNNA) today reported financial results for the third quarter of fiscal 2013, which show the company's continued momentum in growth of earnings and assets under management. Fully diluted earnings per share were $0.24 for the quarter ended June 30, 2013, an increase of 380% versus earnings of $0.05 per share for the quarter ended June 30, 2012. Fully diluted earnings per share for the nine months ended June 30, 2013 were $0.56 per share, an increase of 367% from $0.12 for the nine months ended June 30, 2012. The increase in earnings is attributable to increased mutual fund assets under management, primarily due to the purchase of mutual fund assets from FBR & Co. in October, 2012. Net purchases in the firm's domestic equity, specialty, balanced and fixed income mutual funds and strong market appreciation also contributed to the increase in assets under management. The increase in average assets under management, the asset levels upon which the firm's fees are earned, increased 341% over the three-month and 286% over the nine-month prior comparable periods, respectively, creating a corresponding rise in revenue, net income and earnings per share.
FBR Reports Second Quarter Financial Results
GlobeNewswire - Tue Jul 16, 3:36PM CDT
FBR & Co. (Nasdaq:FBRC) ("FBR" or the "Company"), a leading investment bank serving the middle market, today reported net income of $46.5 million, or $3.52 per diluted share, for the second quarter of 2013 compared to net income of $0.5 million, or $0.03 per diluted share, in the second quarter of 2012, and net income of $35.3 million, or $2.65 per diluted share, for the first quarter of 2013. For the first half of 2013, the company reported net income of $81.8 million, or $6.24 per diluted share, compared to net income of $0.9 million, or $0.06 per diluted share for the first half of 2012.
Popular, Inc. Appoints Brett Scheiner as Investor Relations Officer
Business Wire - Tue Jul 02, 7:30AM CDT
Popular, Inc. (NASDAQ:BPOP) announced today that it has appointed Brett Scheiner as Investor Relations Officer. Scheiner brings an extensive experience and knowledge of the financial markets to the Corporation, having served previously as a bank analyst at the investment bank FBR & Co.
FBR to Report Second Quarter 2013 Financial Results
GlobeNewswire - Mon Jul 01, 3:05PM CDT
FBR & Co. (Nasdaq:FBRC) (FBR), a leading investment bank serving the middle market, announced today that it will release results for the second quarter of 2013 before the market opens on Wednesday, July 17, 2013.
FBR & Co. Announces Results of Self-Tender Offer
GlobeNewswire - Wed Jun 19, 3:10PM CDT
FBR & Co. (Nasdaq:FBRC) today announced the results of its previously announced modified "Dutch auction" tender offer to purchase up to 1.25 million shares of its common stock at a price between $22.50 and $23.50, which expired at 12:00 midnight, New York City time, on Tuesday, June 18, 2013. FBR has accepted for purchase sixty-four shares of its common stock, or less than 0.1% of its shares outstanding, at a price of $23.10 per share. Payment for the shares accepted for purchase under the tender offer will be made promptly, at a total cost to FBR of approximately $1,500 excluding fees and expenses relating to the tender offer. FBR expects to have approximately 11.9 million shares of common stock outstanding immediately following consummation of the tender offer.
SolarWinds Addresses Managing Increasingly Complex Networks at AFCEA West 2014
Marketwire - Wed Feb 05, 6:30AM CST
SolarWinds (NYSE: SWI), a leading provider of powerful and affordable IT management software, today announced its upcoming participation in AFCEA West 2014, the largest event on the West Coast for the military Sea Services, running February 11-13 in San Diego, CA. At the event, SolarWinds will present, "Protecting Increasingly Complex Networks, Both Ashore and Afloat," offer live, in-booth product demonstrations and host a free networking reception.
FBR Reports Fourth Quarter and Full Year 2013 Financial Results
GlobeNewswire - Tue Feb 04, 9:48PM CST
FBR & Co. (Nasdaq:FBRC) ("FBR" or the "Company"), a leading investment bank serving the middle market, today reported net after-tax earnings of $92.9 million, or $7.17 per diluted share for the year ended December 31, 2013, compared to net after-tax earnings of $29.7 million, or $2.15 per diluted share in 2012. Pretax income from continuing operations for 2013 was $57.3 million on revenue of $259.8 million compared with $3.9 million on revenue of $151.5 million in 2012.
FBR to Report Fourth Quarter and Full Year 2013 Financial Results
GlobeNewswire - Wed Jan 22, 3:00PM CST
FBR & Co. (Nasdaq:FBRC) (FBR), a leading investment bank serving the middle market, announced today that it will release results for the fourth quarter and full year of 2013 before the market opens on Wednesday, February 5, 2014.
Directors of B.C. Mining Company Settle With BCSC
Marketwire - Fri Dec 20, 12:43PM CST
In a settlement agreement with the British Columbia Securities Commission, Wilhelmus (William) Kocken, Matthew Ball, and Bralorne Gold Mines Ltd. admitted to breaching Canadian mining rules by disclosing the results of an economic analysis that included, or was based on, a target for further exploration of the company's gold mining operation.
Optomec Presents at FBR 3D Printing Conference
Business Wire - Tue Dec 17, 11:22AM CST
Optomec announced today that the company recently participated in a 3D Printing Conference hosted by FBR & Co in New York City. The conference brought together institutional investors and thought leaders in additive manufacturing, including major equipment and technology developers, service centers and users, and academics, for an informative and productive day of panels and one-on-one meetings.
FBR Hires Sanjay K. Shrestha as Investment Banking Managing Director
GlobeNewswire - Wed Nov 13, 3:10PM CST
Aditya Satghare Joins as VP, Research Analyst
FBR & Co. SHAREHOLDER ALERT: The Law Firm of Levi & Korsinsky, LLP Launches an Investigation into Possible Breaches of Fiduciary Duty by the Board of Directors of FBR & Co.
Business Wire - Wed Nov 13, 1:46PM CST
Levi & Korsinsky, LLP is investigating FBR & Co. (NasdaqGS: FBRC) in connection with possible claims of breaches of fiduciary duty.
FBR Reports Third Quarter Financial Results
GlobeNewswire - Tue Oct 22, 4:04PM CDT
FBR & Co. (Nasdaq:FBRC) ("FBR" or the "Company"), a leading investment bank serving the middle market, today reported net income of $6.4 million, or $0.48 per diluted share, for the third quarter of 2013 compared to a net loss of $3.4 million, or $0.27 per diluted share, in the third quarter of 2012, and net income of $46.5 million, or $3.52 per diluted share, for the second quarter of 2013. For the first nine months of 2013, the Company reported net after-tax income of $88.2 million compared to a net after-tax loss of $2.4 million for the first nine months of 2012.
Lazard Capital Markets Transitions 29 Employees to FBR
Business Wire - Mon Oct 14, 6:19PM CDT
Lazard Capital Markets LLC ("LCM"), the privately-held financial services firm, today announced that FBR & Co. hired 29 professionals from LCM in a negotiated agreement.
FBR Broadens Capital Markets Franchise With Addition of Team From Lazard Capital Markets
GlobeNewswire - Mon Oct 14, 3:24PM CDT
FBR & Co. (Nasdaq:FBRC) ("FBR" or the "Company"), a leading investment bank serving the middle market, announced today that it has expanded its core capital markets organization with the addition of 29 professionals from Lazard Capital Markets, the privately held financial services firm, in connection with a negotiated transaction. Included in this group are 6 senior research analysts, 6 sales traders, 3 position traders, and 4 institutional sales people.
FBR to Report Third Quarter 2013 Financial Results
GlobeNewswire - Mon Oct 07, 3:30PM CDT
FBR & Co. (Nasdaq:FBRC) (FBR), a leading investment bank serving the middle market, announced today that it will release results for the third quarter of 2013 before the market opens on Wednesday, October 23, 2013.
FBR Hires Thomas P. Curran, CFA as SVP, Senior Research Analyst Covering Oilfield Services, Equipment, & Drilling
GlobeNewswire - Mon Oct 07, 8:59AM CDT
FBR & Co. (Nasdaq:FBRC) ("FBR" or the "Company"), a leading investment bank serving the middle market, announced today that Thomas P. Curran, CFA has been hired by the Company to join its Energy team in Equity Research. Mr. Curran will cover the Oilfield Services, Equipment, & Drilling sector.
FBR Announces the Addition of Two M&A Specialists Continuing Buildout of Advisory Business
GlobeNewswire - Tue Sep 17, 3:30PM CDT
FBR & Co. (Nasdaq:FBRC) ("FBR" or the "Company"), a leading investment bank serving the middle market, announced today that Warren N. Romine and Matthew W. Spain have joined the firm as Managing Directors in the Company's Diversified Industrials Investment Banking Group. Both men will focus primarily on the continuing expansion of the Investment Bank's advisory business.
FBR Announces BIG "switches:" little SERVERS Conference: Cloud Services and the Coming Renaissance in Big IT
GlobeNewswire - Fri Sep 06, 2:19PM CDT
FBR & Co. (Nasdaq:FBRC) ("FBR" or the "Company"), a leading investment bank serving the middle market, announced today that it will host the BIG "switches:" little SERVERS Conference: Cloud Services and the Coming Renaissance in Big IT on Monday September 9, 2013. The event will explore the implications of the dramatic changes driving new hardware innovation and fresh network architectures, as well as challenging decades-old strategic partnerships in the datacenter world. Features of the conference will include panel discussions and one-on-one meetings with some of the most influential leaders in the IT industry.
Hennessy Advisors, Inc. Announces Third Quarter Earnings Increase 380%
PR Newswire - Wed Aug 07, 4:27PM CDT
Hennessy Advisors, Inc. (OTCBB:HNNA) today reported financial results for the third quarter of fiscal 2013, which show the company's continued momentum in growth of earnings and assets under management. Fully diluted earnings per share were $0.24 for the quarter ended June 30, 2013, an increase of 380% versus earnings of $0.05 per share for the quarter ended June 30, 2012. Fully diluted earnings per share for the nine months ended June 30, 2013 were $0.56 per share, an increase of 367% from $0.12 for the nine months ended June 30, 2012. The increase in earnings is attributable to increased mutual fund assets under management, primarily due to the purchase of mutual fund assets from FBR & Co. in October, 2012. Net purchases in the firm's domestic equity, specialty, balanced and fixed income mutual funds and strong market appreciation also contributed to the increase in assets under management. The increase in average assets under management, the asset levels upon which the firm's fees are earned, increased 341% over the three-month and 286% over the nine-month prior comparable periods, respectively, creating a corresponding rise in revenue, net income and earnings per share.
FBR Reports Second Quarter Financial Results
GlobeNewswire - Tue Jul 16, 3:36PM CDT
FBR & Co. (Nasdaq:FBRC) ("FBR" or the "Company"), a leading investment bank serving the middle market, today reported net income of $46.5 million, or $3.52 per diluted share, for the second quarter of 2013 compared to net income of $0.5 million, or $0.03 per diluted share, in the second quarter of 2012, and net income of $35.3 million, or $2.65 per diluted share, for the first quarter of 2013. For the first half of 2013, the company reported net income of $81.8 million, or $6.24 per diluted share, compared to net income of $0.9 million, or $0.06 per diluted share for the first half of 2012.
Popular, Inc. Appoints Brett Scheiner as Investor Relations Officer
Business Wire - Tue Jul 02, 7:30AM CDT
Popular, Inc. (NASDAQ:BPOP) announced today that it has appointed Brett Scheiner as Investor Relations Officer. Scheiner brings an extensive experience and knowledge of the financial markets to the Corporation, having served previously as a bank analyst at the investment bank FBR & Co.
FBR to Report Second Quarter 2013 Financial Results
GlobeNewswire - Mon Jul 01, 3:05PM CDT
FBR & Co. (Nasdaq:FBRC) (FBR), a leading investment bank serving the middle market, announced today that it will release results for the second quarter of 2013 before the market opens on Wednesday, July 17, 2013.
FBR & Co. Announces Results of Self-Tender Offer
GlobeNewswire - Wed Jun 19, 3:10PM CDT
FBR & Co. (Nasdaq:FBRC) today announced the results of its previously announced modified "Dutch auction" tender offer to purchase up to 1.25 million shares of its common stock at a price between $22.50 and $23.50, which expired at 12:00 midnight, New York City time, on Tuesday, June 18, 2013. FBR has accepted for purchase sixty-four shares of its common stock, or less than 0.1% of its shares outstanding, at a price of $23.10 per share. Payment for the shares accepted for purchase under the tender offer will be made promptly, at a total cost to FBR of approximately $1,500 excluding fees and expenses relating to the tender offer. FBR expects to have approximately 11.9 million shares of common stock outstanding immediately following consummation of the tender offer.
