Manhattan Bridge (LOAN) 7.09 $LOAN
Discover Financial's Alliances Impress, Competition a Drag
Zacks Equity Research - Zacks Investment Research - Tue Sep 13, 9:56AM CDT
On Sep 13, 2016, we issued an updated research report on Discover Financial Services (DFS)
DFS: 57.39 (-0.41), SLM: 7.43 (-0.02), CACC: 195.73 (-0.22), LOAN: 7.09 (+0.28)
Manhattan Bridge Capital, Inc. Announces Closing of Over-Allotment Option Shares
GlobeNewswire - Wed Aug 31, 10:16AM CDT
Manhattan Bridge Capital, Inc. (NASDAQ:LOAN), a real estate finance company specializing in originating, funding, servicing, and managing a portfolio of short-term loans secured by first mortgage liens on real estate, today announced that, on August 29, 2016, Aegis Capital Corp., the sole underwriter of its previously announced public offering of 672,269 common shares at a price to the public of $5.95 per share, has elected to fully exercise the over-allotment option for an additional 100,840 common shares. The closing with respect to these over-allotment option shares was consummated on August 31, 2016. Gross proceeds to Manhattan Bridge Capital from the sale of the over-allotment option shares will be approximately $600,000 resulting in total gross proceeds from the offering of approximately $4,600,000, before deducting underwriting discounts and commissions and other estimated offering expenses.
LOAN: 7.09 (+0.28)
Manhattan Bridge Capital, Inc. Announces Closing of Public Offering of Common Shares
GlobeNewswire - Mon Aug 15, 12:10PM CDT
Manhattan Bridge Capital, Inc. (NASDAQ:LOAN), a real estate finance company specializing in originating, funding, servicing, and managing a portfolio of short-term loans secured by first mortgage liens on real estate, today announced the closing of its previously announced public offering of 672,269 common shares at a price to the public of $5.95 per share. Gross proceeds to Manhattan Bridge Capital from the offering were approximately $4,000,000, before deducting underwriting discounts and commissions and other estimated offering expenses. Manhattan Bridge Capital has granted the underwriters a 45-day option to purchase up to 100,840 additional common shares to cover over-allotments, if any.
LOAN: 7.09 (+0.28)
Manhattan Bridge Capital, Inc. Prices Public Offering of 672,269 Common Shares
GlobeNewswire - Tue Aug 09, 6:00PM CDT
Manhattan Bridge Capital, Inc. (NASDAQ:LOAN), a real estate finance company specializing in originating, funding, servicing and managing a portfolio of short-term loans secured by first mortgage liens on real estate, today announced the pricing of an underwritten public offering of 672,269 common shares, par value $0.001 per share, at a price to the public of $5.95 per share. The gross proceeds to Manhattan Bridge Capital, Inc. from this offering are expected to be approximately $4,000,000, before deducting underwriting discounts and commissions and other estimated offering expenses. Manhattan Bridge Capital, Inc. has granted the underwriters a 45-day option to purchase up to an additional 100,840 shares of common stock to cover over-allotments, if any. The offering is expected to close on August 15, 2016, subject to customary closing conditions.
LOAN: 7.09 (+0.28)
Manhattan Bridge Capital, Inc. Announces Proposed Public Offering of Common Stock
GlobeNewswire - Tue Aug 09, 3:04PM CDT
Manhattan Bridge Capital, Inc. (NASDAQ:LOAN) , a real estate finance company specializing in originating, funding, servicing, and managing a portfolio of short-term loans secured by first mortgage liens on real estate, today announced that it intends to offer for sale its common shares in an underwritten public offering. The company intends to use the net proceeds from this offering to increase its loan portfolio and for working capital and general corporate purposes. The offering is subject to market conditions, and there can be no assurance as to whether or when the offering may be completed, or as to the actual size or terms of the offering.
LOAN: 7.09 (+0.28)
Manhattan Bridge Capital, Inc. Increases its Quarterly Dividend from $0.09 to $0.10
GlobeNewswire - Tue Aug 02, 6:00AM CDT
Manhattan Bridge Capital, Inc. (NASDAQ:LOAN) announced today that its board of directors had approved a $0.10 per share quarterly dividend to be paid to all shareholders of record on October 11, 2016 with pay date on October 17, 2016.
LOAN: 7.09 (+0.28)
Manhattan Bridge Capital, Inc. Reports Second Quarter Results
GlobeNewswire - Thu Jul 28, 6:15AM CDT
Manhattan Bridge Capital, Inc. (NASDAQ:LOAN)
LOAN: 7.09 (+0.28)
Manhattan Bridge Capital, Inc. Declares Quarterly Dividend
GlobeNewswire - Mon May 02, 3:09PM CDT
Manhattan Bridge Capital, Inc. (NASDAQ:LOAN) announced today that its board of directors had approved a $0.09 per share quarterly dividend to be paid to all shareholders of record on July 8, 2016 with pay date on July 15, 2016.
LOAN: 7.09 (+0.28)
Manhattan Bridge Capital Reports 46.0% Increase in Net Income
GlobeNewswire - Mon May 02, 6:34AM CDT
Manhattan Bridge Capital, Inc. (NASDAQ:LOAN) announced today that net income for the three month period ended March 31, 2016 was approximately $695,000 or $0.10 per share, versus approximately $476,000 or $0.08 per share for the three month period ended March 31, 2015, an increase in net income of 46.0% or in earnings per share of 25%. This increase is primarily attributable to the increase in revenue and the decrease in operating expenses.
LOAN: 7.09 (+0.28)
Manhattan Bridge Capital, Inc. Announces Closing of Public Offering of Senior Secured Notes by its Wholly Owned Subsidiary MBC Funding II Corp.
GlobeNewswire - Mon Apr 25, 4:40PM CDT
Manhattan Bridge Capital, Inc. (NASDAQ:LOAN), a "hard money" lender specializing in short-term loans secured by real estate, today announced the closing of its previously announced public offering of $6,000,000 aggregate principal amount of 6% senior secured notes due April 22, 2016 by its wholly-owned subsidiary, MBC Funding II Corp (NYSE MKT:LOAN/26). Manhattan Bridge Capital is guaranteeing MBC Funding's obligations under the Notes and pledged 100% of Funding's equity to secure its obligations under the guarantee. The gross proceeds to Funding from this offering are $6,000,000, before deducting underwriting discounts and commissions and other estimated offering expenses.
LOAN: 7.09 (+0.28)
Manhattan Bridge Capital, Inc. Prices $6,000,000 Offering of Senior Secured Notes Issued by Its Wholly-Owned Subsidiary, MBC Funding II Corp
GlobeNewswire - Fri Apr 15, 4:30PM CDT
Manhattan Bridge Capital Inc. (NASDAQ:LOAN) ("LOAN" or "the Company"
, MBC Funding II Corp (NYSE:LOAN/26) ("Funding", a real estate lender specializing in short-term, "hard money" real estate loans, today announced the pricing of an underwritten public offering by its wholly owned subsidiary, MBC Funding II Corp ("Funding" of $6,000,000 aggregate principal amount of Funding's 6% senior notes due April 30, 2026. MBC is guaranteeing Funding's obligations under the Notes and pledged 100% of Funding's equity to secure its obligations under the guarantee. The gross proceeds to Funding from this offering are expected to be approximately $6,000,000, before deducting underwriting discounts and commissions and other estimated offering expenses. The offering is expected to close on April 22, 2016, subject to customary closing conditions.
LOAN: 7.09 (+0.28)
Manhattan Bridge Capital, Inc. Announces Payment of Quarterly $0.085 per Share Dividend
GlobeNewswire - Mon Dec 21, 6:00AM CST
Manhattan Bridge Capital, Inc. (NASDAQ:LOAN) announced today that in accordance with the board approved dividend declared November 2, 2015, a cash dividend of $0.085 per share will be paid to all shareholders of record on December 31, 2015 with pay date on January 15, 2016.
LOAN: 7.09 (+0.28)
Manhattan Bridge Capital, Inc. Declares Increased Quarterly Dividend of $0.085 Per Share
GlobeNewswire - Mon Nov 02, 6:00AM CST
Manhattan Bridge Capital, Inc. (NASDAQ:LOAN) announced today that its board of directors had approved an increased $0.085 per share quarterly dividend to be paid to all shareholders of record on December 31, 2015 with pay date on January 15, 2016.
LOAN: 7.09 (+0.28)
Manhattan Bridge Capital, Inc. Announces Closing of Public Offering
GlobeNewswire - Fri May 29, 11:06AM CDT
Manhattan Bridge Capital, Inc. (Nasdaq:LOAN), a "hard money" lender specializing in short-term loans secured by real estate, today announced the closing of its previously announced public offering of 1,015,000 common shares at a price to the public of $4.39 per share. Gross proceeds to Manhattan Bridge Capital from the offering were approximately $4,460,000, before deducting underwriting discounts and commissions and other estimated offering expenses. Manhattan Bridge Capital has granted the underwriters a 45-day option to purchase up to 152,250 additional common shares to cover over-allotments, if any.
LOAN: 7.09 (+0.28)
Manhattan Bridge Capital Announces Pricing of Public Offering of Common Shares
GlobeNewswire - Fri May 22, 4:09PM CDT
Manhattan Bridge Capital Inc. (Nasdaq:LOAN) ("the Company", a real estate lender specializing in short-term, "hard money" real estate loans, today announced the pricing of an underwritten public offering of 1,015,000 common shares, par value $0.001 per share, at a price to the public of $4.39 per share. The gross proceeds to Manhattan Bridge Capital from the public offering are expected to be approximately $4,450,000 before underwriting discounts and commissions and other estimated offering expenses. Manhattan Bridge Capital has granted the underwriter a 45-day option to purchase up to an additional 152,250 common shares from the Company to cover over-allotments, if any. The offering is expected to close on May 29, 2015, subject to customary closing conditions.
LOAN: 7.09 (+0.28)
Discover Financial's Alliances Impress, Competition a Drag
Zacks Equity Research - Zacks Investment Research - Tue Sep 13, 9:56AM CDT
On Sep 13, 2016, we issued an updated research report on Discover Financial Services (DFS)
DFS: 57.39 (-0.41), SLM: 7.43 (-0.02), CACC: 195.73 (-0.22), LOAN: 7.09 (+0.28)
Manhattan Bridge Capital, Inc. Announces Closing of Over-Allotment Option Shares
GlobeNewswire - Wed Aug 31, 10:16AM CDT
Manhattan Bridge Capital, Inc. (NASDAQ:LOAN), a real estate finance company specializing in originating, funding, servicing, and managing a portfolio of short-term loans secured by first mortgage liens on real estate, today announced that, on August 29, 2016, Aegis Capital Corp., the sole underwriter of its previously announced public offering of 672,269 common shares at a price to the public of $5.95 per share, has elected to fully exercise the over-allotment option for an additional 100,840 common shares. The closing with respect to these over-allotment option shares was consummated on August 31, 2016. Gross proceeds to Manhattan Bridge Capital from the sale of the over-allotment option shares will be approximately $600,000 resulting in total gross proceeds from the offering of approximately $4,600,000, before deducting underwriting discounts and commissions and other estimated offering expenses.
LOAN: 7.09 (+0.28)
Manhattan Bridge Capital, Inc. Announces Closing of Public Offering of Common Shares
GlobeNewswire - Mon Aug 15, 12:10PM CDT
Manhattan Bridge Capital, Inc. (NASDAQ:LOAN), a real estate finance company specializing in originating, funding, servicing, and managing a portfolio of short-term loans secured by first mortgage liens on real estate, today announced the closing of its previously announced public offering of 672,269 common shares at a price to the public of $5.95 per share. Gross proceeds to Manhattan Bridge Capital from the offering were approximately $4,000,000, before deducting underwriting discounts and commissions and other estimated offering expenses. Manhattan Bridge Capital has granted the underwriters a 45-day option to purchase up to 100,840 additional common shares to cover over-allotments, if any.
LOAN: 7.09 (+0.28)
Manhattan Bridge Capital, Inc. Prices Public Offering of 672,269 Common Shares
GlobeNewswire - Tue Aug 09, 6:00PM CDT
Manhattan Bridge Capital, Inc. (NASDAQ:LOAN), a real estate finance company specializing in originating, funding, servicing and managing a portfolio of short-term loans secured by first mortgage liens on real estate, today announced the pricing of an underwritten public offering of 672,269 common shares, par value $0.001 per share, at a price to the public of $5.95 per share. The gross proceeds to Manhattan Bridge Capital, Inc. from this offering are expected to be approximately $4,000,000, before deducting underwriting discounts and commissions and other estimated offering expenses. Manhattan Bridge Capital, Inc. has granted the underwriters a 45-day option to purchase up to an additional 100,840 shares of common stock to cover over-allotments, if any. The offering is expected to close on August 15, 2016, subject to customary closing conditions.
LOAN: 7.09 (+0.28)
Manhattan Bridge Capital, Inc. Announces Proposed Public Offering of Common Stock
GlobeNewswire - Tue Aug 09, 3:04PM CDT
Manhattan Bridge Capital, Inc. (NASDAQ:LOAN) , a real estate finance company specializing in originating, funding, servicing, and managing a portfolio of short-term loans secured by first mortgage liens on real estate, today announced that it intends to offer for sale its common shares in an underwritten public offering. The company intends to use the net proceeds from this offering to increase its loan portfolio and for working capital and general corporate purposes. The offering is subject to market conditions, and there can be no assurance as to whether or when the offering may be completed, or as to the actual size or terms of the offering.
LOAN: 7.09 (+0.28)
Manhattan Bridge Capital, Inc. Increases its Quarterly Dividend from $0.09 to $0.10
GlobeNewswire - Tue Aug 02, 6:00AM CDT
Manhattan Bridge Capital, Inc. (NASDAQ:LOAN) announced today that its board of directors had approved a $0.10 per share quarterly dividend to be paid to all shareholders of record on October 11, 2016 with pay date on October 17, 2016.
LOAN: 7.09 (+0.28)
Manhattan Bridge Capital, Inc. Reports Second Quarter Results
GlobeNewswire - Thu Jul 28, 6:15AM CDT
Manhattan Bridge Capital, Inc. (NASDAQ:LOAN)
LOAN: 7.09 (+0.28)
Manhattan Bridge Capital, Inc. Declares Quarterly Dividend
GlobeNewswire - Mon May 02, 3:09PM CDT
Manhattan Bridge Capital, Inc. (NASDAQ:LOAN) announced today that its board of directors had approved a $0.09 per share quarterly dividend to be paid to all shareholders of record on July 8, 2016 with pay date on July 15, 2016.
LOAN: 7.09 (+0.28)
Manhattan Bridge Capital Reports 46.0% Increase in Net Income
GlobeNewswire - Mon May 02, 6:34AM CDT
Manhattan Bridge Capital, Inc. (NASDAQ:LOAN) announced today that net income for the three month period ended March 31, 2016 was approximately $695,000 or $0.10 per share, versus approximately $476,000 or $0.08 per share for the three month period ended March 31, 2015, an increase in net income of 46.0% or in earnings per share of 25%. This increase is primarily attributable to the increase in revenue and the decrease in operating expenses.
LOAN: 7.09 (+0.28)
Manhattan Bridge Capital, Inc. Announces Closing of Public Offering of Senior Secured Notes by its Wholly Owned Subsidiary MBC Funding II Corp.
GlobeNewswire - Mon Apr 25, 4:40PM CDT
Manhattan Bridge Capital, Inc. (NASDAQ:LOAN), a "hard money" lender specializing in short-term loans secured by real estate, today announced the closing of its previously announced public offering of $6,000,000 aggregate principal amount of 6% senior secured notes due April 22, 2016 by its wholly-owned subsidiary, MBC Funding II Corp (NYSE MKT:LOAN/26). Manhattan Bridge Capital is guaranteeing MBC Funding's obligations under the Notes and pledged 100% of Funding's equity to secure its obligations under the guarantee. The gross proceeds to Funding from this offering are $6,000,000, before deducting underwriting discounts and commissions and other estimated offering expenses.
LOAN: 7.09 (+0.28)
Manhattan Bridge Capital, Inc. Prices $6,000,000 Offering of Senior Secured Notes Issued by Its Wholly-Owned Subsidiary, MBC Funding II Corp
GlobeNewswire - Fri Apr 15, 4:30PM CDT
Manhattan Bridge Capital Inc. (NASDAQ:LOAN) ("LOAN" or "the Company"
, MBC Funding II Corp (NYSE:LOAN/26) ("Funding", a real estate lender specializing in short-term, "hard money" real estate loans, today announced the pricing of an underwritten public offering by its wholly owned subsidiary, MBC Funding II Corp ("Funding" of $6,000,000 aggregate principal amount of Funding's 6% senior notes due April 30, 2026. MBC is guaranteeing Funding's obligations under the Notes and pledged 100% of Funding's equity to secure its obligations under the guarantee. The gross proceeds to Funding from this offering are expected to be approximately $6,000,000, before deducting underwriting discounts and commissions and other estimated offering expenses. The offering is expected to close on April 22, 2016, subject to customary closing conditions. LOAN: 7.09 (+0.28)
Manhattan Bridge Capital, Inc. Announces Payment of Quarterly $0.085 per Share Dividend
GlobeNewswire - Mon Dec 21, 6:00AM CST
Manhattan Bridge Capital, Inc. (NASDAQ:LOAN) announced today that in accordance with the board approved dividend declared November 2, 2015, a cash dividend of $0.085 per share will be paid to all shareholders of record on December 31, 2015 with pay date on January 15, 2016.
LOAN: 7.09 (+0.28)
Manhattan Bridge Capital, Inc. Declares Increased Quarterly Dividend of $0.085 Per Share
GlobeNewswire - Mon Nov 02, 6:00AM CST
Manhattan Bridge Capital, Inc. (NASDAQ:LOAN) announced today that its board of directors had approved an increased $0.085 per share quarterly dividend to be paid to all shareholders of record on December 31, 2015 with pay date on January 15, 2016.
LOAN: 7.09 (+0.28)
Manhattan Bridge Capital, Inc. Announces Closing of Public Offering
GlobeNewswire - Fri May 29, 11:06AM CDT
Manhattan Bridge Capital, Inc. (Nasdaq:LOAN), a "hard money" lender specializing in short-term loans secured by real estate, today announced the closing of its previously announced public offering of 1,015,000 common shares at a price to the public of $4.39 per share. Gross proceeds to Manhattan Bridge Capital from the offering were approximately $4,460,000, before deducting underwriting discounts and commissions and other estimated offering expenses. Manhattan Bridge Capital has granted the underwriters a 45-day option to purchase up to 152,250 additional common shares to cover over-allotments, if any.
LOAN: 7.09 (+0.28)
Manhattan Bridge Capital Announces Pricing of Public Offering of Common Shares
GlobeNewswire - Fri May 22, 4:09PM CDT
Manhattan Bridge Capital Inc. (Nasdaq:LOAN) ("the Company"
, a real estate lender specializing in short-term, "hard money" real estate loans, today announced the pricing of an underwritten public offering of 1,015,000 common shares, par value $0.001 per share, at a price to the public of $4.39 per share. The gross proceeds to Manhattan Bridge Capital from the public offering are expected to be approximately $4,450,000 before underwriting discounts and commissions and other estimated offering expenses. Manhattan Bridge Capital has granted the underwriter a 45-day option to purchase up to an additional 152,250 common shares from the Company to cover over-allotments, if any. The offering is expected to close on May 29, 2015, subject to customary closing conditions. LOAN: 7.09 (+0.28)
