Bank of Florida Corporation (Nasdaq:BOFL), a $1.5 billion-asset multi-bank holding company based in Naples, Florida, today announced that it will participate as a presenter at the FBR Capital Markets 2008 Fall Investor Conference to be held December 2-3, 2008 in New York City, New York. The conference will feature presentations from more than 180 public and a select group of private companies from the following sectors: Banks and Thrifts, Diversified Industrials, Energy & Natural Resources, Insurance, Investment Services, Real Estate, REITs and Specialty Finance.
Ladenburg Thalmann Financial Services Inc. (AMEX: LTS) today announced that its Investacorp, Inc. independent broker-dealer subsidiary has formed a marketing affiliation with Ash Brokerage Corp, a national leader and premier outsourcing partner to financial professionals for fixed and variable insurance products.
TIB Financial Corp. (NASDAQ:TIBB) the parent company of TIB Bank, The Bank of Venice and Naples Capital Advisors, Inc. has received preliminary approval to participate in the U. S. Treasury Department’s Capital Purchase Program as part of the Emergency Economic Stabilization Act of 2008.
BankAtlantic Bancorp, Inc. (NYSE:BBX), today announced it plans to present to institutional investors at the 2008 FBR Capital Markets Fall Investor Conference, at The Grand Hyatt New York Hotel, located at Park Avenue at Grand Central, in New York City.
TIB FINANCIAL CORP. (NASDAQ:TIBB), a financial services holding company focused on growth in the Florida market, today announced that it will address analysts and investors attending the 2008 Fall Investor Conference hosted by Friedman, Billings, Ramsey & Co., Inc. to be held December 2 – 3 at the Grand Hyatt New York Hotel in New York City, New York.
The March Group, a Middle-Market Mergers & Acquisitions Firm, addressed the concerns of small-to-mid-sized business owners regarding today’s unprecedented financial climate. Hundreds of Main Street businesses rely on The March Group and its extensive cross-industry research to plan for the future. A market analysis issued today by the firm illustrates that the credit crunch and general market instability creates extraordinary opportunity for Main Street businesses considering a sale of their business.
-- Plans to Educate the Community on Membership Benefits and Offers Free Financial Check-Ups --
Potential Prepaid Food Voucher EBT Cards Estimated to Surpass 47 Million with an Estimated Purchasing Power of More Than US$50 Billion Annually by 2015
Community Bank System, Inc. (NYSE: CBU) announced that its’ Board of Directors declared a quarterly cash dividend of $0.22 per share on its’ common stock. The dividend will be payable on January 9, 2009 to shareholders of record as of December 15, 2008. Based on the November 19, 2008 closing price of $20.48, the annualized dividend yield on the Company’s common stock was 4.3%.
MoneyShow.com, the largest multimedia investment education destination for investors, traders, and financial advisors will officially announce today the results of the Traders’ Sentiment Indicator at The Traders Expo Las Vegas. The survey polled 293 active traders and found that 49% of traders are bearish on the S&P 500 for the remainder of 2008 as compared to 42% in June. Additionally, 34% of traders stated the S&P 500 would rise for the rest of 2008, while 17% of traders remained neutral.
The Templeton closed-end Fund referenced below, which trades on the New York Stock Exchange, today released a portfolio allocation update containing the following information as of October 31, 2008:
DCI, a provider of full-service bank technology and processing solutions to the financial industry, announced today at the BAI Retail Delivery Conference and Expo the election of Westlake Village, Calif.-based First California Bank ($1.2 billion assets) as a new shareholder in the privately-owned company. First California Bank is also a DCI customer using the company’s iCore processing and bank management software. Bank executives said they decided to become a shareholder because they liked DCI’s business model and wanted to be more closely connected to the development of DCI’s technology.
New offerings increase flexibility
Powerful, Affordable Workforce Optimization Solution Well-Suited to the Needs of Small and Mid-Sized Banks and Credit Unions
Flexible document preparation solution moves technology provider into banking industry
Authentium’s SafeCentral Secure Browser Now Available Through Compliance Coach to 1,400 Banks and Financial Institutions Nationwide
Financial Institutions to take advantage of affordable bank-quality check scanner priced for the small business market
Fitch Ratings has upgraded its underlying rating on Brookhaven at Lexington's (MA) $23.2 million series 2005 bonds issued through the Massachusetts Development Finance Agency to 'A-' from 'BBB'. The series 2005 A bonds are insured by Radian Asset Assurance while the series 2005 B bonds are variable-rate demand bonds backed by a Bank of America letter of credit. Fitch was not asked to provide a rating on the insurer or the letter of credit bank. The series 2005 bonds, together with a $21.4 million construction loan from Bank of America (formerly Fleet Bank), funded the construction of 48 (41 net) independent living units (ILUs) with underground parking, 11 additional assisted care units, and a wellness center complete with a swimming pool. The project was completed on time and on budget and the independent living and assisted care units are currently full.
BankAtlantic Bancorp, Inc. (NYSE:BBX) today announced it plans to host an investor luncheon meeting in Naples, Florida.
BankAtlantic Bancorp, Inc. (NYSE:BBX) today announced it plans to host an investor luncheon meeting in Tampa, Florida and an investor dinner meeting in Sarasota, Florida on Wednesday, November 19, 2008.
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