| FDIC: 60% of Georgia banks are unprofitable Georgia’s commercial banks reported collectively another loss in the second quarter and nearly 60 percent of all the state’s banks were unprofitable, according to data published Thursday by the Federal Deposit Insurance Corp. feeds.bizjournals.com |
MHBT to merge with Holmes Murphy unit Private insurance and risk management company McQueary Henry Bowles Troy LLP said Wednesday the company plans to merge with the Texas division of Holmes Murphy & Associates, a risk management and insurance brokerage firm. feeds.bizjournals.com |
Texas Pacific Land Trust Third Quarter Earnings Release (Unaudited) (Business Wire) DALLAS----Texas Pacific Land Trust : TEXAS PACIFIC LAND TRUST REPORT OF OPERATIONS - UNAUDITED Three Months Ended September 30, 2009 September 30, 2008 Rentals, royalties and other income $ 3,370,119 $ 5,849,778 Land sales -- 184,400 Total income $ 3,370,119 $ 6,034,178 Provision for income tax $ 852,704 $ 1,566,566 Net income $ 1,953,700 $ 3,593,514 Net income per sub-share $ .19 $ .35 Average sub-shares outstanding during period 10,019,767 10,367,017 Nine Months Ended September 30, 2009 September 30, 2008 Rentals, royalties and other income $ 8,973,073 $ 15,681,963 Land sales 523,010 823,440 Total income $ 9,496,083 $ 16,505,403 Provision for income tax $ 2,383,984 $ 4,345,657 Net income $ 5,144,701 $ 9,741,893 Net income per sub-share $ .51 $ .94 Average sub-shares outstanding during period 10,070,246 10,406,889 us.rd.yahoo.com |
Prospect Acquisition Corp. Announces Entry Into an Agreement With Malibu Partners and Affiliates (PR Newswire) Prospect Acquisition Corp. announced today that it has entered into an agreement with Malibu Partners LLC , The Malibu Companies, LLC , Broad Beach Partners LLC and Kenneth J. Abdalla pursuant to which the Malibu Parties have agreed to terminate option agreements between one or more of the Malibu Parties and each of Bulldog Investors, Arrowgrass Master Fund Ltd. and Del Mar Master Fund, Ltd. and to enter into a stock purchase agreement with Prospect , as described more fully below. us.rd.yahoo.com |
TradingMarkets 7 ETFs You Need to Know for Monday (TradingMarkets.com) Financials and basic materials were among those sectors most aggressively sold, with both the ProShares Ultra Financial ETF and the ProShares Ultra Basic Materials ETF closing in oversold territory above the 200-day moving average. us.rd.yahoo.com |