SUMM News Alert Ayretrade Inc (SUMM) 0.0610 02/15/2015 14:41
Post# of 64074
Rocky Mountain Ayre, Inc., Formerly Known as AyreTrade, Inc., has Officially Changed its Corporate Name; New OTC Markets Symbol is: RMTN
ACCESSWIRE - Thu Feb 12, 11:27AM CST
DOVER, DE / ACCESSWIRE / February 12, 2015 / Rocky Mountain Ayre, Inc. (OTC Pink: RMTN) (PINKSHEETS: RMTN), a holding company, is pleased to announce that it has received approval from the Financial Industry Regulatory Authority (FINRA), to officially change its name from AyreTrade, Inc. (OTCQB: SUMM) (PINKSHEET: SUMM). The new trading symbol issued is: RMTN.
Summit Financial Group Reports Corrected Book Value Per Share and Tangible Book Value Per Share at December 31, 2014
GlobeNewswire - Wed Jan 28, 11:53AM CST
Summit Financial Group, Inc. ("Company" or "Summit" (Nasdaq:SMMF) is reporting a correction to the book value per common share and the tangible book value per common share, originally reported on page 11 of the release titled "Summit Financial Group Reports Fourth Quarter 2014 Results" issued earlier today. As of December 31, 2014, corrected book value per common share is $12.60 versus the $13.57 book value per common share reported earlier, and corrected tangible book value per share is $11.86 versus the $12.78 tangible book value per common share reported earlier.
SMMF: 11.49 (unch)
Summit Financial Group Reports Fourth Quarter 2014 Results
GlobeNewswire - Wed Jan 28, 5:00AM CST
Summit Financial Group, Inc. ("Company" or "Summit" (Nasdaq:SMMF) today reported fourth quarter 2014 net income applicable to common shares of $3.01 million, or $0.32 per diluted share, compared to $2.59 million, or $0.29 per diluted share, for the fourth quarter of 2013, representing an increase of 16.0 percent, or 10.3 percent per diluted share. Q4 2014 earnings compared to Q4 2013 were positively impacted by a $948,000 increase in net interest income and a $1.0 million decline in provision for loan losses, but were negatively impacted by a $686,000 increase in noninterest expense, which included a fraud loss of $461,000.
SMMF: 11.49 (unch)
AyreTrade, Inc. Has Completed its Purchase of a Controlling Interest in the Squire's Bistro, Inc., a Restaurant Located in Western Massachusetts
ACCESSWIRE - Mon Dec 22, 11:33AM CST
DOVER, DE / ACCESSWIRE / December 22, 2014 / AyreTrade, Inc., a holding company (OTC Pink: SUMM) (PINKSHEETS: SUMM), is pleased to announce that it has completed its purchase of a controlling interest in Squire's Bistro, Inc., a restaurant located in Western Massachusetts.
Summit Financial Group Reports Third Quarter 2014 Results
GlobeNewswire - Wed Oct 29, 5:00AM CDT
Summit Financial Group, Inc. ("Company" or "Summit" (Nasdaq:SMMF) today reported third quarter 2014 net income applicable to common shares of $3.14 million, or $0.35 per diluted share, compared to $2.08 million, or $0.24 per diluted share, for the third quarter of 2013, representing an increase of 51.3 percent, or 45.8 percent per diluted share. Q3 2014 earnings compared to Q3 2013 were positively impacted by a $1.54 million increase in net interest income and a $750,000 decline in provision for loan losses, but were negatively impacted by a $926,000 increase in write-downs of foreclosed properties.
SMMF: 11.49 (unch)
AyreTrade, Inc. Signs Letter of Intent to Acquire a Marijuana Accessories Company
ACCESSWIRE - Wed Aug 27, 2:28PM CDT
DOVER, DE / ACCESSWIRE / August 27, 2014 / AyreTrade, Inc., a holding company that will be expanding its presence in the medical marijuana industry (OTCPINK: SUMM) is pleased to announce that it has signed a LOI to purchase a marijuana accessories company. This company is located in Colorado and has carved out a niche in this unique and expanding industry.
Summit Financial Group Reports Second Quarter 2014 Results
GlobeNewswire - Wed Jul 30, 5:00AM CDT
Summit Financial Group, Inc. ("Company" or "Summit" (Nasdaq:SMMF) today reported second quarter 2014 net income applicable to common shares of $2.24 million, or $0.25 per diluted share, compared to $1.02 million, or $0.13 per diluted share, for the second quarter of 2013, representing an increase of 118.9 percent, or 92.3 percent per diluted share. Q2 2014 earnings compared to Q2 2013 were positively impacted by a $532,000 decline in write-downs of foreclosed properties and an $816,000 increase in net interest income.
SMMF: 11.49 (unch)
RCS Capital Corporation Completes Acquisition of Summit Financial Services Group
PR Newswire - Wed Jun 11, 6:07PM CDT
RCS Capital Corporation ("RCAP" (NYSE: RCAP), announced today that it has closed its previously announced acquisition of Summit Financial Services Group, Inc. ("Summit" (OTC: SFNS), an independent broker-dealer headquartered in Boca Raton, Florida.
RCAP: 10.28 (+0.28)
Summit Financial Services Group Announces 2013 Year End Results
PR Newswire - Tue Mar 04, 8:00AM CST
Summit Financial Services Group, Inc. (OTC Bulletin Board: SFNS) announced its financial results for the year ended December 31, 2013. For 2013, the Company reported revenues of $87.62 million, which represented an increase of $14.38 million, or approximately 20%, from the $73.24 million in revenues reported for 2012. For 2013, the Company reported net income of $3.02 million, which represented an increase of $1.43 million, or 90%, from the $1.59 million reported in 2012.