America Californiabk (ACAL) 10.1700 $ACAL Financial

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America Californiabk (ACAL) 10.1700 $ACAL

Financial Services Business Confidence Report H1 2015
M2 - Thu Jun 11, 10:43AM CDT
Research and Markets (http://www.researchandmarkets.com/research/fvc9vn/financial) has announced the addition of the "Financial Services Business Confidence Report H1 2015" report to their offering. Financial Services Business Confidence Report H1 2015' is a new report that globally analyzes industry opinions on the latest economic and customer issues, and their impact on investment decisions and growth prospects in the financial services industry. This report also examines executives' opinions on the current and future state of the economy, and its effect on the industry. It analyzes the likely effect of supplier price changes, sales performance, and staff headcount in the industry during January-June 2015, and provides an overview of the key priorities, threats and opportunities for the global financial services industry during January-June 2015. Key Highlights: - Overall, 45% of financial services industry respondents state that they are operating in a stable economic environment, while 30% state that their current economic conditions are unfavorable. - The majority of global financial services industry respondents anticipate positive growth for both the company and industry during January-June 2015. - Executives operating in the Rest of the World anticipate an increase of 5.3% and 3.2% in sales growth and staff headcount respectively in H1 2015. - Globally, the majority of respondents indicated that improving operational efficiency and protecting and growing market share are among their top priorities. Key Topics Covered: - Methodology and sample size - State of the economy - Growth prospects and consumer confidence - Supplier prices and levels of expenditure - Organizational outlook and strategy - Appendix Companies Mentioned - Isbank AG - Credit Suisse Group - FNB Bancorp - First National Bank of Northern California - America California Bank - Astoria Bank - Axis Bank For more information visit http://www.researchandmarkets.com/research/fvc9vn/financial
CS: 28.75 (+1.00)

FNB Bancorp to Acquire America California Bank
Marketwired - Thu May 14, 6:29PM CDT
FNB Bancorp (OTCQB: FNBG), parent company of First National Bank of Northern California, and America California Bank (OTC PINK: ACAL), today jointly announced their signing of an Agreement and Plan of Reorganization and Merger whereby FNB Bancorp will acquire America California Bank ("ACB" in an all-cash transaction. Under the terms of the agreement, the holders of ACB common stock and preferred stock will receive cash in the amount of $10.60 per share, or approximately $21,510,000. The transaction has been unanimously approved by the FNB Bancorp Board of Directors and the ACB Board of Directors and is expected to close during the third quarter of 2015, subject to the receipt of all required regulatory approvals and the satisfaction of other customary closing conditions, including the approval of ACB shareholders.

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