WEBK News 19.25 Wellesley Bancorp Inc (WEBK)

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Wellesley Bancorp Inc (WEBK) 19.25 $WEBK

Nasdaq stocks posting largest volume decreases
AP - Tue Apr 08, 5:29PM CDT
NEW YORK (AP) — A look at the 10 biggest volume decliners on Nasdaq at the close of trading:

ConAgra Foods to Present at the Consumer Analyst Group of New York Conference on February 18, 2014
Business Wire - Fri Feb 07, 9:00AM CST
ConAgra Foods, Inc., (NYSE: CAG) invites interested investors and consumers to listen to its presentation at the CAGNY (Consumer Analyst Group of New York) Conference in Boca Raton, Fla. on Tuesday, Feb. 18, 2014, at 9:15 a.m. EST (8:15 a.m. CST). Access to a live audio webcast of the presentation with accompanying slides will be available at http://investor.conagrafoods.com and a replay of the event will also be available on the company's website.

Wellesley Bancorp, Inc. Reports Results for the Quarter and Year Ended December 31, 2013
Business Wire - Wed Feb 05, 3:30PM CST
Wellesley Bancorp, Inc. (Nasdaq Capital Market: WEBK) (the "Company" , the holding company for Wellesley Bank (the "Bank" reported net income of $434 thousand for the quarter ended December 31, 2013, compared to net income of $681 thousand for the same period in 2012. Earnings per share for the quarter ended December 31, 2013 were $0.19, basic and diluted, compared with $0.30 per share, basic and diluted, in the comparable 2012 quarter. For the year ended December 31, 2013, earnings per share were $0.97, basic and diluted. The Bank completed its mutual-to-stock conversion (the "Conversion" and the Company's public offering on January 25, 2012. Accordingly, the 2012 full year results are not presented on a per share basis as shares were not outstanding for the entire period. For the year ended December 31, 2013, the Company reported net income of $2.2 million, compared to net income of $1.1 million in 2012. The 2012 results reflect a one-time $1.8 million pre-tax contribution ($1.1 million after-tax) to the Wellesley Bank Charitable Foundation ("Foundation" formed in connection with the Conversion.

Nasdaq stocks posting largest percentage decreases
AP - Tue Feb 04, 12:31PM CST
NEW YORK (AP) — A look at the 10 biggest percentage decliners on Nasdaq at 1 p.m.:

Holding the President to Ransom [opinion]
All Africa Global Media - Tue Feb 04, 1:02AM CST
Last year President Obama of the United States endured a series of standoffs in Congress. There was the fiscal cliff, then the debt ceiling cliff and finally (for now!) the spending cut cliff. It was the same battle every time. President Obama was steadfast and refused to negotiate with Congress over a 'trade-by- barter' deal regarding the raising of the debt ceiling. The US Government needed to raise its debt ceiling to keep government running. The Tea party, the ultra right wing faction of the Republican party, who had a majority in the House of Representatives, tried to force Obama to make sweeping changes to the Affordable Care Act, commonly known as Obamacare. It was President Obama's defining legislation and the House Republicans were determined to eviscerate it in return for endorsing a rise in the debt ceiling. Obama was literally held to ransom. At the end of the day the Republicans fell apart (and, divisively, amongst themselves) and equally failed in the court of public opinion. It was truly a very unwholesome attempt at blackmail.

Wellesley Bancorp, Inc. Announces Date of 2014 Annual Meeting of Shareholders
Business Wire - Fri Jan 31, 12:44PM CST
Wellesley Bancorp, Inc. (Nasdaq: WEBK) today announced that its annual meeting of shareholders will be held on Wednesday, May 21, 2014.

Wellesley Bancorp, Inc. Reports Results for the Quarter and Nine Months Ended September 30, 2013
Business Wire - Tue Oct 29, 4:00PM CDT
Wellesley Bancorp, Inc. (Nasdaq Capital Market: WEBK) (the "Company" , the holding company for Wellesley Bank (the "Bank" reported net income of $607 thousand and $1.8 million for the quarter and nine months ended September 30, 2013, respectively. These results compare to net income of $537 thousand and $418 thousand for the quarter and nine months ended September 30, 2012, respectively. The Bank completed its mutual-to-stock conversion (the "Conversion" and the Company's public offering on January 25, 2012. The 2012 results for the nine month period ended September 30 reflect a one-time $1.8 million pre-tax contribution ($1.1 million after tax) to the Wellesley Bank Charitable Foundation (the "Foundation" , formed in connection with the Conversion. Earnings per share were $0.27 and $0.78, basic and diluted, for the quarter and nine months ended September 30, 2013, respectively. Earnings per share were $0.24, basic and diluted, for the quarter ended September 30, 2012. Earnings per share information is not presented for the nine months ended September 30, 2012 as shares were not outstanding for the entire period.

Wellesley Bancorp, Inc. Reports Results for the Quarter and Six Months Ended June 30, 2013
Business Wire - Tue Jul 30, 4:00PM CDT
Wellesley Bancorp, Inc. (Nasdaq Capital Market: WEBK) (the "Company" , the holding company for Wellesley Bank (the "Bank" reported net income of $583 thousand and $1.2 million for the quarter and six months ended June 30, 2013, respectively. These results compare to net income of $434 thousand and a net loss of $119 thousand for the quarter and six months ended June 30, 2012, respectively. The Bank completed its mutual-to-stock conversion (the "Conversion" and the Company's public offering on January 25, 2012. The 2012 results for the six month period ended June 30 reflect a one-time $1.8 million pre-tax contribution ($1.1 million after tax) to the Wellesley Bank Charitable Foundation (the "Foundation" , formed in connection with the Conversion. Earnings per share were $0.26 and $0.52, basic and diluted, for the quarter and six months ended June 30, 2013, respectively. Earnings per share were $0.20, basic and diluted, for the quarter ended June 30, 2012. Earnings per share information is not presented for the six months ended June 30, 2012 as shares were not outstanding for the entire period.

Wellesley Bank Continues Expansion with Plans to Open Boston Office
Business Wire - Wed May 01, 4:11PM CDT
Wellesley Bank, a premier banking and wealth management company, announced today that it would open a Boston Office at One Federal Street in the fourth quarter of 2013. The company currently has three branch offices in Wellesley where it has been providing financial services to individuals and businesses for over 100 years.

Wellesley Bancorp, Inc. Reports Results for the Quarter Ended March 31, 2013 and Announces Plans for its Newest Branch to be Opened in Boston's Financial District.
Business Wire - Tue Apr 30, 4:00PM CDT
Wellesley Bancorp, Inc. (Nasdaq Capital Market: WEBK) (the "Company" , the holding company for Wellesley Bank (the "Bank" reported net income of $595 thousand for the quarter ended March 31, 2013, as compared to a net loss of $553 thousand for the quarter ended March 31, 2012. The Bank completed its mutual-to-stock conversion (the "Conversion" and the Company's public offering on January 25, 2012. The 2012 results reflect a one-time $1.8 million pre-tax contribution ($1.1 million after tax) to the Wellesley Bank Charitable Foundation (the "Foundation" , formed in connection with the Conversion. Earnings per share were $0.26, basic and diluted, for the quarter ended March 31, 2013. Earnings per share information is not presented for the quarter ended March 31, 2012 as shares were not outstanding for the entire period.
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