BB&T announces election and allocation results relating to the acquisition of National Penn Bancshares
PR Newswire - Wed Apr 06, 6:30AM CDT
BB&T Corporation (NYSE: BBT) today announced the results of elections made by shareholders of National Penn Bancshares, Inc. (NASDAQ: NPBC) as to the form of merger consideration they desired to receive, and related allocation and proration results, in connection with the merger of National Penn with and into BB&T (the merger). The merger became effective on April 1, 2016. The merger was completed pursuant to the agreement and plan of merger (the merger agreement), dated as of Aug. 17, 2015.
NPBC: 10.72 (+0.08), BBT: 35.98 (-0.01)
BB&T Completes Swett & Crawford Acquisition for $500M
Zacks Equity Research - Zacks Investment Research - Mon Apr 04, 9:00AM CDT
BB&T (BBT) closed the deal to acquire Swett & Crawford from U.K.-based global wholesale, underwriting management and reinsurance broking group, Cooper Gay Swett & Crawford, for $500 million in cash.
NPBC: 10.72 (+0.08), BBT: 35.98 (-0.01), STI: 41.69 (+0.02), KEY: 11.57 (-0.06)
BB&T closes National Penn acquisition
PR Newswire - Mon Apr 04, 6:00AM CDT
BB&T Corporation (NYSE: BBT) today announced it has completed its acquisition of National Penn Bancshares, Inc., (NASDAQ: NPBC) effective April 1, 2016. The core banking systems conversion, along with signage and account changes for clients, is expected early in the third quarter of 2016.
NPBC: 10.72 (+0.08), BBT: 35.98 (-0.01)
ServisFirst Bancshares, Inc. Added to S&P SmallCap 600 Index
PR Newswire - Thu Mar 31, 12:50PM CDT
ServisFirst Bancshares, Inc. (NASDAQ: SFBS) announced today that it has been added to the S&P SmallCap 600 Index, effective after the close of trading on Friday, April 1. ServisFirst Bank is replacing National Penn Bancshares Inc.
NPBC: 10.72 (+0.08), SFBS: 50.10 (-0.43)
Hologic, Centene Set to Join the S&P 500; Others to Join S&P MidCap 400 and S&P SmallCap 600
PR Newswire - Thu Mar 24, 4:54PM CDT
S&P Dow Jones Indices will make the following changes to the S&P 500, S&P MidCap 400 and S&P SmallCap 600 indices:
NPBC: 10.72 (+0.08), CNC: 69.18 (+0.07), FR: 26.83 (-0.05), ABMD: 101.70 (-0.06), POM: 26.93 (+5.69), BBT: 35.98 (-0.01), SFBS: 50.10 (-0.43), ESV: 10.37 (-0.20), EXC: 34.43 (-0.33), BANC: 19.25 (-0.07), MHFI: 107.92 (+1.16), HNT: 67.19 (+2.38), HOLX: 34.11 (+0.23)
Reminder of BB&T, National Penn Expected Merger Closing Date and Election Deadline
PR Newswire - Tue Mar 15, 4:07PM CDT
As previously announced by BB&T Corporation (NYSE: BBT) and National Penn Bancshares, Inc. (NASDAQ: NPBC), BB&T's merger with National Penn is expected to close on or about April 1, 2016. The deadline for holders of National Penn common stock and certain National Penn equity awards to elect the form of consideration they wish to receive in the merger is 5 p.m., ET, on March 30, 2016, unless extended.
NPBC: 10.72 (+0.08), BBT: 35.98 (-0.01)
Uptrend Call Working As National Penn Bancshares Stock Rises 11.8% (NPBC)
Comtex SmarTrend(R) - Mon Mar 07, 5:24PM CST
SmarTrend identified an Uptrend for National Penn Bancshares (NASDAQ:NPBC) on December 5th, 2014 at $10.48. In approximately 15 months, National Penn Bancshares has returned 11.83% as of today's recent price of $11.72.
NPBC: 10.72 (+0.08)
National Penn Bancshares posts 4Q profit
Automated Insights - Thu Jan 28, 6:07AM CST
ALLENTOWN, Pa. (AP) _ National Penn Bancshares Inc. (NPBC) on Thursday reported fourth-quarter net income of $28.9 million.
NPBC: 10.72 (+0.08)
National Penn Bancshares, Inc. Reports Fourth Quarter and Full Year 2015 Results
BusinessWire - Thu Jan 28, 5:45AM CST
--Adjusted net income per share for the fourth quarter of $0.21 with return on average assets of 1.22% and efficiency ratio of 55%
NPBC: 10.72 (+0.08)
National Penn Bancshares, Inc. Declares First Quarter 2016 Cash Dividend
BusinessWire - Wed Jan 27, 11:29AM CST
National Penn Bancshares, Inc. (Nasdaq: NPBC) announced today that it has declared a first quarter 2016 cash dividend of eleven cents ($0.11) per common share payable to shareholders of record as of Monday, February 8, 2016. The cash dividend will be paid Wednesday, February 17, 2016.
NPBC: 10.72 (+0.08)
BB&T, National Penn report merger closing date
M2 - Tue Jan 26, 5:13AM CST
BB&T Corporation (NYSE: BBT) and National Penn Bancshares, Inc. (NASDAQ: NPBC) have reported their merger is expected to close on or about April 1, 2016, the company said. As previously announced, holders of National Penn common stock and certain National Penn equity awards may elect to receive, for each of their shares of National Penn common stock, either USD13.00 in cash, 0.3206 shares of BB&T common stock, or a combination of cash and shares of BB&T common stock. BB&T is a large financial services holding company in the US with USD209.9 billion in assets and market capitalization of USD29.5 billion. Based in Winston-Salem, N.C., the company operates 2,139 financial centers in 15 states and Washington, D.C., and offers a full range of consumer and commercial banking, securities brokerage, asset management, mortgage and insurance products and services. National Penn Bancshares, Inc., with approximately USD9.6 billion in assets, is a bank holding company headquartered in Allentown, Pa. National Penn Bank operates 124 branch offices throughout Pennsylvania, New Jersey and Maryland. National Penn's financial services affiliates and divisions include its National Penn Investors Trust Company division; Institutional Advisors LLC; and National Penn Insurance Services Group Inc.
NPBC: 10.72 (+0.08), BBT: 35.98 (-0.01)
Watch for National Penn Bancshares to Potentially Rebound After Falling 1.97% Yesterday
Comtex SmarTrend(R) - Mon Jan 25, 5:32PM CST
National Penn Bancshares (NASDAQ:NPBC) traded in a range yesterday that spanned from a low of $10.91 to a high of $11.14. Yesterday, the shares fell 2.0%, which took the trading range below the 3-day low of $11.03 on volume of 2.2 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
NPBC: 10.72 (+0.08)
BB&T, National Penn Announce Expected Closing Date and Election Deadline for Merger
PR Newswire - Thu Jan 21, 4:46AM CST
BB&T Corporation (NYSE: BBT) and National Penn Bancshares, Inc. (NASDAQ: NPBC) today announced BB&T's merger with National Penn is expected to close on or about April 1, 2016.
NPBC: 10.72 (+0.08), BBT: 35.98 (-0.01)
National Penn Bancshares Up 18.1% Since SmarTrend Uptrend Call (NPBC)
Comtex SmarTrend(R) - Thu Dec 31, 2:08PM CST
SmarTrend identified an Uptrend for National Penn Bancshares (NASDAQ:NPBC) on December 5th, 2014 at $10.48. In approximately 13 months, National Penn Bancshares has returned 18.13% as of today's recent price of $12.38.
NPBC: 10.72 (+0.08)
The Zacks Analyst Blog Highlights: JPMorgan Chase, Bank of New York Mellon, Wells Fargo, Citigroup, BB&T, National Penn Bancshares, Fifth Third Bancorp, KeyCorp, First Niagara Financial Group, Bank of America and Capital One Financial
Zacks Equity Research - Zacks Investment Research - Mon Dec 28, 8:30AM CST
The Zacks Analyst Blog Highlights: JPMorgan Chase, Bank of New York Mellon, Wells Fargo, Citigroup, BB&T, National Penn Bancshares, Fifth Third Bancorp, KeyCorp, First Niagara Financial Group, Bank of America and Capital One Financial
NPBC: 10.72 (+0.08), FITB: 18.44 (+0.03), COF: 63.93 (-0.32), BBT: 35.98 (-0.01), JPM: 62.71 (-0.24), FNFG: 10.05 (-0.03), C: 42.68 (-0.24), BAC: 13.61 (-0.01), WFC: 46.97 (-0.26), KEY: 11.57 (-0.06), BK: 40.60 (+0.16)
BB&T's Deal to Buy National Penn Gets Regulatory Nod
Zacks Equity Research - Zacks Investment Research - Thu Dec 24, 11:50AM CST
BB&T received regulatory approvals to acquire National Penn for $1.8 billion.
NPBC: 10.72 (+0.08), BBT: 35.98 (-0.01), C: 42.68 (-0.24), PNC: 84.76 (+0.23)
National Penn Bancshares Shares Up 18.0% Since SmarTrend's Buy Recommendation (NPBC)
Comtex SmarTrend(R) - Thu Dec 24, 10:20AM CST
SmarTrend identified an Uptrend for National Penn Bancshares (NASDAQ:NPBC) on December 5th, 2014 at $10.48. In approximately 13 months, National Penn Bancshares has returned 18.03% as of today's recent price of $12.37.
NPBC: 10.72 (+0.08)
Shares of NPBC Up 18.0% Since Uptrend Call on Shares
Comtex SmarTrend(R) - Thu Dec 24, 10:16AM CST
SmarTrend identified an Uptrend for National Penn Bancshares (NASDAQ:NPBC) on December 5th, 2014 at $10.48. In approximately 13 months, National Penn Bancshares has returned 18.03% as of today's recent price of $12.37.
NPBC: 10.72 (+0.08)
BB&T receives approval for National Penn Bancshares acquisition
PR Newswire - Wed Dec 23, 5:03PM CST
BB&T Corporation (NYSE: BBT) today announced it has received regulatory approval from the Federal Reserve, the FDIC and all required state banking regulators to acquire National Penn Bancshares, Inc. (NASDAQ: NPBC). The transaction is expected to close in the next few months.
NPBC: 10.72 (+0.08), BBT: 35.98 (-0.01)
Instant Analysis: Penn National Shareholders Approve Merger With BB&T
Eric Volkman, The Motley Fool - Motley Fool - Tue Dec 22, 12:26PM CST
What happened? A merger in the banking sector has gotten the green light from the investors in the company being acquired. National Penn Bancshares announced that its shareholders approved a proposed merger with regional financial-services...
NPBC: 10.72 (+0.08), BBT: 35.98 (-0.01)