| Buy Signal in Wheat, But Still Technically Bearish on Corn (TradingMarkets.com) Read the balance of Rick Alexander's morning commentary and find out what he sees in store for today's grain market. us.rd.yahoo.com |
Home BancShares, Inc. and Centennial Bank Announce Opportunistic Florida Acquisition (GlobeNewswire) CONWAY, Ark. -- Home BancShares, Inc. and Centennial Bank, announced the bank has acquired the banking operations of Old Southern Bank headquartered in Orlando, Florida through a loss-sharing agreement with the Federal Deposit Insurance Corporation . us.rd.yahoo.com |
Alarm at banks' unreported risk (at Financial Times) As many as five US banks failed to report hundreds of billions of dollars in credit derivatives bought from foreign counterparties during 2009, leaving those risks below the radar of regulators in the US and Europe. us.rd.yahoo.com |
Wall St turbulence hits big US banks (at Financial Times) Goldman Sachs GS and Morgan Stanley MWD each suffered at least 10 days of trading losses in the second quarter, underlining how turbulent markets have cast a pall on Wall Street since April. us.rd.yahoo.com |
American Capital Receives $12 Million in Proceeds from Narus Exit (PR Newswire) American Capital Ltd. announced today that on July 29 its portfolio company Narus was acquired by Boeing. American Capital received $12 million in proceeds and realized a gain of $3 million during the third quarter from the transaction, subject to post-closing adjustments. American Capital's compounded annual rate of return earned over the life of its investment was 7%. The proceeds received by American Capital were less than the second quarter 2010 valuation of the investment by $2 million, or 13%. Including investments in Narus by American Capital's affiliated funds under management, the total proceeds received during the third quarter from the transaction were $21 million, realizing a gain of $5 million, subject to post-closing adjustments. us.rd.yahoo.com |