SOCB News Alert Southcoast Financial Corp (SOCB) 7.23 02/14/2015

New Post Public Reply Private Reply Replies (0) Message Board
Stock_Tracker
Southcoast Financial Corp (SOCB) 7.23 $SOCB

Nasdaq stocks posting largest volume increases
AP - Thu Feb 12, 5:04PM CST
NEW YORK (AP) — A look at the 10 biggest volume gainers on Nasdaq at the close of trading:
BLDP: 2.66 (-0.26), LARK: 22.50 (+0.15), BELFB: 23.44 (+0.60), BELFA: 19.90 (-0.40), CASM: 1.36 (-0.01), FXEN: 1.99 (+0.10), SOCB: 7.23 (+0.11), MKTO: 28.24 (+0.20), ATRA: 18.00 (-0.10), GEVO: 0.23 (+0.03), NWFL: 30.00 (+0.25), OCLR: 1.55 (+0.09)

Southcoast Financial reports FY14 earnings
Seeking Alpha - at Seeking Alpha - Wed Jan 21, 1:51PM CST

SOCB: 7.23 (+0.11)

Southcoast Announces 2014 Results
GlobeNewswire - Wed Jan 21, 1:45PM CST
Southcoast Financial Corporation (Nasdaq:SOCB) announced that it had unaudited net income of $3,737,000, or $.53 per basic share, for the year ended December 31, 2014. This compares to unaudited net income of $9,065,000, or $1.28 per basic share, for the year ended December 31, 2013. The 2013 results included the reversal of the Deferred Tax Asset (DTA) valuation allowance which contributed to a net tax benefit of approximately $6,590,000, or $0.93 per share. The December 31, 2014 income per share is based on 7,091,361 basic average shares compared to 7,076,157 basic average shares for 2013.
SOCB: 7.23 (+0.11)

Southcoast Announces 2014 Nine Months and Quarterly Results
GlobeNewswire - Tue Oct 21, 1:30PM CDT
Southcoast Financial Corporation (Nasdaq:SOCB) announced that it had unaudited net income of $2,385,000, or $.34 per diluted share, for the nine months ended September 30, 2014. This compares to unaudited net income of $8,735,000, or $1.23 per diluted share, for the nine months ended September 30, 2013. The difference in net income between the two periods primarily relates to the one-time tax benefit of $6.4 million derived from the recapture of the Company's deferred tax asset during the nine months ended September 30, 2013. The September 30, 2014 net income per share is based on 7,089,630 diluted average shares compared to 7,074,183 diluted average shares for 2013. Income before income taxes increased by 47.8% to $3,506,000 in 2014 from $2,372,000 in 2013. The 2014 pretax results were influenced by a growth in loan interest income, reduced funding costs and reductions in noninterest expenses.
SOCB: 7.23 (+0.11)

Southcoast Announces 2014 First Half Results
GlobeNewswire - Fri Jul 18, 12:30PM CDT
Southcoast Financial Corporation (Nasdaq:SOCB) announced that it had unaudited net income of $1,352,000, or $.19 per diluted share, for the six months ended June 30, 2014. This compares to unaudited net income of $8,041,000, or $1.14 per diluted share, for the six months ended June 30, 2013. The difference in net income between the two periods primarily relates to the one-time tax benefit of $6.4 million derived from the recapture of the Company's deferred tax asset in the second quarter of 2013. The June 30, 2014 income per share is based on 7,087,860 diluted average shares compared to 7,072,956 diluted average shares for 2013. Income before income taxes increased 23.7% to $2,076,000 from $1,678,000. The 2014 pretax results were influenced by a growth in loan interest income, reduced funding costs, and reductions in noninterest expenses.
SOCB: 7.23 (+0.11)




Scroll down for more posts ▼

Top 10 Most Recent News Articles

A1 Refrigeration Keeps East Texas Homes Comfortable Year-Round

Updated Category News Views 20

Homeowners in East Texas would agree: the last thing you want is your HVAC system throwing a tantrum when you're in the thick of a scorching summer or a biting winter. That's where A1 Refrigeration & Air Conditioning steps in, making sure folks in Jasper, Brookeland, and Kirbyville aren't left sweating bullets or shivering in their boots. Preventive Maintenance: A...

Continue Reading
JiMMYBAR! Unveils World's First Creatine Trail Mix

Updated Category News Views 14

The New Face of Snacking: Creatine Trail Mix I'll tell you right off the bat, JiMMYBAR! seems to be cornering the snack world with an odd—but interesting—twist. They've just launched the world's first Creatine + Protein Trail Mix, blending muscle-building nutrients with the classic crunch of trail mix. Sounds quirky, and it’s exclusive to their site, JiMMYBARs.com....

Continue Reading
Puori Protein Transparency Pays Off Amid Lead Scare

Updated Category News Views 13

Puori's Moment of Reckoning The world of nutritional supplements is no stranger to controversy, but when Puori found itself caught in the storm of the Consumer Reports investigation last year, it chose a road less traveled: transparency and accountability. Faced with alarming news that over two-thirds of tested protein powders exceeded California's Proposition 65 lead...

Continue Reading
Vayo Debuts as Booking Holdings Eyes $100M Investment

Updated Category News Views 8

A travel revolution might just be on the horizon, courtesy of Booking Holdings' latest venture, Vayo. And they’re talking about throwing $100 million into it—subject to a few conditions, sure—but that’s not pocket change you toss around without a serious plan. Transforming Travel into a Seamless Experience Vayo’s got one job: making your travels less like a...

Continue Reading
FCS Drives Key FDA Approvals in Cancer Treatment

Updated Category News Views 17

Florida Cancer Specialists: Changing the Cancer Treatment Game Some organizations toot their horns, but every now and then, a group truly shakes up the playing field. Take Florida Cancer Specialists & Research Institute (FCS), for instance. Over years of relentless research, FCS has nailed its role in securing two significant FDA approvals aimed at expanding treatment...

Continue Reading
Omega Point's MCP Secures Anthropic Verification

Updated Category News Views 16

In a world where investment decisions ride on razor-thin margins, Omega Point's MCP gains top-tier verification. Anthropic's seal of approval is stamped firmly on it, signalling to the wise investors out there that this engine ain't smoking mirrors. Since May, this player has been doing the rounds, but now, with Anthropic’s verification, it’s like Omega Point just...

Continue Reading
Wagner Logistics Gears Up for Major Expansion in Liberty

Updated Category News Views 17

Imagine waking up to news like this: Wagner Logistics is laying down some serious roots in Liberty, MO. They’ve snagged a deal with a local manufacturer that’s got them renting out over 830,000 square feet of warehouse space. Seems Wagner's got a knack for living large. More Than Just a Warehouse Gig Wagner's not just popping up another dusty shelf space; they're...

Continue Reading
Truck Drivers USA & Career Driver Unveil New Driver Agent

Updated Category News Views 28

Revolutionizing Driver-Carrier Connections In today's cranking transportation scene, Truck Drivers USA (TDUSA) and Career Driver have taken a bold step to change up the driver recruitment game. They've launched what's being labeled as the first 'driver agent' within the Career Driver mobile app. It's the talk of the town in Sherwood, Arkansas, these days. This isn't just...

Continue Reading
Gourmia Introduces Ceramic-Coated Air Fryer at Costco

Updated Category News Views 13

A New Era for Home Cooking with Gourmia Stepping into the kitchen appliances arena with a dash of innovation, Gourmia has launched its first ceramic-coated air fryer, and it’s weaving its way exclusively onto the shelves of Costco. Now, it’s not just about frying anymore; it’s about adding style, efficiency, and a touch of healthy living to your countertop. But much...

Continue Reading
Marshall Goldman Expands Footprint with Marino Acquisition

Updated Category News Views 24

Revving Up in Florida: Marshall Goldman's Strategic Leap If you're tuned into the luxury car scene, you probably already heard Marshall Goldman is making moves into Florida. Buying Marino Performance Motors of West Palm Beach isn't just another notch on their belt—it's a strategic leap into their second-largest market. This ain't merely about showroom floor space. Think...

Continue Reading

Top 5 Most Recently Viewed Articles

Effortless Pet Bathing Innovation: Discover Rinseroo's Latest Product

Updated Category News Views 162

Rinseroo Unveils Innovative Pet Bathing Solution In the world of pet care, bath time often emerges as a significant challenge. Fortunately, Rinseroo, a brand that has gained remarkable popularity on platforms such as Amazon, is here to transform that experience with their latest product: the Rinseroo Pet Bather for the Shower. This innovative shower attachment is a game...

Continue Reading
Micropolis Unveils Innovative AI Security Solutions Soon

Updated Category News Views 133

Micropolis to Showcase Advanced AI Security Technology DUBAI, United Arab Emirates – Micropolis Holding Co. (NYSE: MCRP), renowned for its innovation in unmanned ground vehicles and AI-enhanced security solutions, is gearing up to participate in an exciting workshop focused on AI Security hosted by ADNOC. This prominent event will take place at the Abu Dhabi Energy...

Continue Reading
Membrane Separation Systems Market Growth Projected at $72.8B

Updated Category News Views 68

The Future of Membrane Separation Systems The global market for membrane separation systems is booming, with estimates suggesting it will reach an impressive USD 72.8 billion by 2034. This anticipated growth reflects a compound annual growth rate (CAGR) of 7.5% from 2024 through 2034. Key technological advancements and growing environmental concerns play crucial roles in...

Continue Reading
Innovative Partnership Between Consensus Cloud Solutions and Olah

Updated Category News Views 76

New Partnership to Transform Healthcare Archiving Solutions In an exciting announcement, Consensus Cloud Solutions, Inc. (NASDAQ: CCSI), a recognized leader in digital cloud fax technology, has teamed up with Olah Healthcare Technology, a key player in the realm of legacy data archiving services. This partnership represents a major step toward modernizing how healthcare...

Continue Reading
Tapestry Stock Rises After Major Share Repurchase Deals

Updated Category News Views 172

Significant Developments for Tapestry, Inc. Tapestry, Inc. (NYSE: TPR) has recently made headlines with its strategic decision to enter into Accelerated Share Repurchase (ASR) agreements with major financial institutions, specifically Bank of America N.A. and Morgan Stanley & Co. LLC. This move is to repurchase an impressive total of $2.0 billion in common stock, a...

Continue Reading