FBR Announces William F. Strome Elected to the FBR & Co. Board of Directors
GlobeNewswire - Fri Oct 17, 3:10PM CDT
FBR & Co. (Nasdaq:FBRC) (FBR), a leading investment bank serving the middle market, announced today that William F. Strome joined the Company's Board of Directors as of Monday, October 13, 2014.
RTI: 23.37 (+0.15), FBRC: 26.03 (-0.14)
FBR to Report Third Quarter 2014 Financial Results
GlobeNewswire - Tue Oct 14, 3:10PM 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 2014 at market close on Thursday, October 23, 2014.
FBRC: 26.03 (-0.14)
FBR to Host Digital Media Thought Leaders Conference
GlobeNewswire - Tue Oct 07, 3:15PM CDT
FBR & Co. (Nasdaq:FBRC) (FBR), a leading investment bank serving the middle market, will host its inaugural Digital Media Thought Leaders Conference at The Paley Center for Media in Manhattan on Thursday, October 9, 2014. In addition to one-on-one investor opportunities, the conference will include a series of thought-provoking panels and fireside chats. Consistent with FBR's proprietary research approach, known as The Debate , this conference will give investors the opportunity to participate in deep dive discussions around key debatable issues facing this sector.
LGF: 30.76 (-0.03), LINTA: 29.92 (+1.79), FBRC: 26.03 (-0.14)
FBR Announces Additions to Trading Team
GlobeNewswire - Fri Sep 26, 3:10PM CDT
FBR & Co. (Nasdaq:FBRC) (FBR), a leading investment bank serving the middle market, today announced the expansion of its Equities execution capability with three important new hires. Mark A. Corcoran and Joshua D. Ezrin have joined the firm as Managing Directors, with Mr. Ezrin also serving as Head of Event Driven Trading. In addition Robert P. Flaherty joins as a Senior Vice President. All three join in Sales Trading and will be based in FBR's New York office.
FBRC: 26.03 (-0.14)
Pacific DataVision, Inc. Completes Equity Raise of $218 Million and Acquires Nationwide 900 MHz Licenses to Expand Its Business and Offer Two-way Radio Voice and Data Services
Business Wire - Tue Sep 16, 11:22AM CDT
Pacific DataVision Inc. (PDV), a leading provider of mobile workforce management solutions, announced that it has received FCC approval and has acquired all of Sprint Corporation's (NYSE: S) 900 MHz spectrum licenses (approximately 6 MHz nationwide). PDV now becomes the only nationwide licensee of spectrum focused on launching a state-of-the-art two-way radio network dedicated solely to serving businesses. The service will target dispatch-oriented small and medium-sized businesses in the major metropolitan markets of the United States and will be offered primarily through Motorola Solutions, Inc.'s (NYSE: MSI) Authorized Dealer Network.
MSI: 62.54 (+0.15), S: 6.28 (+0.04), FBRC: 26.03 (-0.14)
Will This Ratings Upgrade Have A Positive Affect On Microsoft (MSFT) Stock Today?
at The Street - Tue Sep 16, 8:16AM CDT
Microsoft (MSFT) was upgraded to 'outperform' from 'sector perform' at RBC Capital Markets (FBRC).
MSFT: 44.91 (+0.03), FBRC: 26.03 (-0.14)
Will FMC Technologies (FTI) Stock Be Hurt By This Ratings Downgrade?
at The Street - Tue Sep 16, 7:43AM CDT
FMC Technologies (FTI) was downgraded to 'market perform' from 'outperform' at FBR Capital Markets (FBRC).
FTI: 52.96 (+0.28), FBRC: 26.03 (-0.14)
FBR Announces Margery Fischbein Joins Investment Banking Team
GlobeNewswire - Fri Sep 12, 3:05PM CDT
FBR & Co. (Nasdaq:FBRC) (FBR), a leading investment bank serving the middle market, announced today the hiring of Margery Fischbein as Senior Managing Director, Group Head of Healthcare Investment Banking. Ms. Fischbein will be located in FBR's New York office.
FBRC: 26.03 (-0.14)
Why Hartford Financial (HIG) Stock Is Higher Today
at The Street - Wed Sep 10, 9:04AM CDT
Shares of Hartford Financial (HIG) are climbing in early market trading after the company was upgraded to 'outperform' from 'market perform' at FBR Capital Markets (FBRC).
HIG: 37.11 (+0.12), FBRC: 26.03 (-0.14)
Why Keryx Biopharmaceuticals (KERX) Stock Is Falling Today
at The Street - Mon Sep 08, 10:25AM CDT
Keryx Biopharmaceuticals (KERX) shares are declining after being downgraded to 'underperform' by analysts at FBR Capital on Monday.
KERX: 16.08 (+0.16), FBRC: 26.03 (-0.14)
Quality Systems, Inc. to Present at the FBR & Co. Inaugural Healthcare Conference
Business Wire - Fri Aug 29, 4:00AM CDT
Quality Systems, Inc. (NASDAQ: QSII) announced today that its management plans to participate in the FBR & Co. Inaugural Healthcare Conference.
QSII: 13.96 (+0.05), FBRC: 26.03 (-0.14)
FBR Inaugural Healthcare Conference to Feature Thought Leadership Panel Discussions
GlobeNewswire - Wed Aug 27, 3:15PM CDT
FBR & Co. (Nasdaq:FBRC) (FBR), a leading investment bank serving the middle market, will host its inaugural Healthcare Conference at the Four Seasons Hotel in Boston on Wednesday, September 3, 2014. In addition to one-on-one investor opportunities with nearly 50 companies, the conference will include timely conversations about the future direction of the healthcare industry. Consistent with FBR's proprietary research approach, coined The Debate , this conference will give investors the opportunity to participate in deep dive discussions around key debatable issues facing this sector.
PRGO: 150.51 (+0.35), FBRC: 26.03 (-0.14)
FBR & Co. Announces Final Results of Self-Tender Offer
GlobeNewswire - Wed Aug 27, 8:37AM CDT
FBR & Co. (Nasdaq:FBRC) today announced the final results of its previously announced modified "Dutch auction" tender offer to purchase up to 1,000,000 shares of its common stock at a price no less than $28.00 and no more than $29.00 per share, which expired at 12:00 midnight, New York City time, on Wednesday, August 20, 2014. FBR has accepted for purchase 1,201,897 shares of its common stock at a purchase price of $28.00 per share. Included within the shares accepted for purchase are 201,897 additional common shares that FBR elected to purchase pursuant to its option to increase the size of the offering by up to 2% of the outstanding shares of FBR common stock. Because the number of shares tendered at the $28.00 purchase price (or by shareholders electing to tender at the ultimate purchase price determined under the tender offer terms) exceeds the number of shares that FBR offered to purchase, the resulting proration factor, after giving effect to the priority for "odd lots," is approximately 73.0652%. Payment for the shares accepted for purchase under the tender offer will be made promptly, and all shares tendered and not purchased will be returned promptly to stockholders.
FBRC: 26.03 (-0.14)
Why SeaWorld (SEAS) Stock Is Climbing In Pre-Market Trading Today
at The Street - Fri Aug 22, 7:54AM CDT
SeaWorld (SEAS) stock is rising in pre-market trading after a ratings upgrade to 'outperform' from 'market perform' at FBR Capital (FBRC).
SEAS: 18.07 (+0.01), FBRC: 26.03 (-0.14)
FBR & Co. Announces Preliminary Results of Self-Tender
GlobeNewswire - Thu Aug 21, 8:30AM CDT
FBR & Co. (Nasdaq:FBRC) today announced the preliminary results of its previously announced modified "Dutch auction" tender offer to purchase up to one million shares of its outstanding common stock, at a price of not less than $28.00 and not more than $29.00 per share, which expired at 12:00 midnight, New York City time, on Wednesday, August 20, 2014. Based on a preliminary count by American Stock Transfer & Trust Company, LLC, the depositary for the tender offer, a total of 1,634,658 shares of FBR common stock were properly tendered and not withdrawn in the tender offer at a price of $28.00 per share (or by shareholders electing to tender at the ultimate purchase price determined under the tender offer terms), including 136,293 shares tendered through notice of guaranteed delivery. Pursuant to the terms of the offer, FBR has elected to purchase 201,897 additional common shares (within up to 2% of the outstanding shares of its common stock). Accordingly, based on the preliminary results, FBR expects to purchase the one million shares FBR initially offered to purchase, and an additional 201,897 shares at the clearing price pursuant to its option to increase the size of the offering by up to 2% of the outstanding class of common stock, for a total cost of $33,653,116, excluding fees and expenses relating to the tender offer. These shares represent approximately 11.9% of the shares outstanding as of August 19, 2014. Because the number of shares tendered at the $28.00 purchase price (or by shareholders electing to tender at the ultimate purchase price determined under the tender offer terms) exceeds the number of shares that FBR offered to purchase, the resulting estimated preliminary proration factor is approximately 73.5%.
FBRC: 26.03 (-0.14)
Why MYR Group (MYRG) Stock Is Plummeting Today
at The Street - Fri Aug 08, 10:19AM CDT
Shares of MYR Group (MYRG) are slipping after the company was downgraded to 'market perform' from 'outperform' at FBR Capital Markets (FBRC).
MYRG: 24.77 (+0.34), FBRC: 26.03 (-0.14)
Will Southern Copper (SCCO) Stock Be Hurt By This Ratings Downgrade?
at The Street - Wed Aug 06, 7:36AM CDT
Southern Copper (SCCO) was downgraded to 'market perform' from 'outperform" at FBR Capital Markets (FBRC).
SCCO: 30.00 (-0.09), FBRC: 26.03 (-0.14)
Schwab to Create 1200 Jobs in Texas with $6M Investment - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Tue Jul 29, 8:02AM CDT
Schwab will receive a $6 million investment from the Texas Enterprise Fund for churning out more than 1200 jobs by spreading its wings in El Paso as well as Austin.
GS: 179.27 (-0.91), PJC: 48.63 (-0.15), FBRC: 26.03 (-0.14), SCHW: 26.42 (-0.07)
Financial Results Release, Dividend Declarations, Promotion Announcements, and Technical Updates - Research Reports on Wells Fargo, Brown & Brown, CoStar Group, FBR and Nationstar
PR Newswire - Fri Jul 25, 8:00AM CDT
Today, Analysts Review released its research reports regarding Wells Fargo & Company (NYSE: WFC), Brown & Brown Inc. (NYSE: BRO), CoStar Group Inc. (NASDAQ: CSGP), FBR & Co. (NASDAQ: FBRC) and Nationstar Mortgage Holdings Inc. (NYSE: NSM). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/5113-100free.
CSGP: 146.71 (-0.73), BRO: 31.37 (-0.39), NSM: 34.40 (-0.31), WFC: 50.52 (+0.07), FBRC: 26.03 (-0.14)
FBR & Co. Commences Self Tender Offer to Purchase Up to One Million Shares
GlobeNewswire - Thu Jul 24, 6:59AM CDT
FBR & Co. (Nasdaq:FBRC) today announced the commencement of its previously announced modified "Dutch auction" tender offer to purchase up to one million shares, or about 9.9%, of its outstanding common stock, at a price of not less than $28.00 and not more than $29.00 per share. The tender offer will expire at 12:00 midnight, New York City time, on August 20, 2014, unless extended.
FBRC: 26.03 (-0.14)