Category: Business

Business News from around the world.

AltaPacific Bancorp Reports Earnings for First Quarter 2019

SANTA ROSA, Calif.–(BUSINESS WIRE)–AltaPacific Bancorp (OTCBB: ABNK), the parent company of AltaPacific Bank, today reported net income for the first quarter of 2019 totaling $1,116,000 or $0.19 per diluted share. The earnings level represents an increase of $67,000 (6.4%) over the same period last year. Assets totaled $434,700,000 at March 31, 2019, representing an increase …

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Announcing VanEck Vectors ETFs’ April 2019 Distributions

NEW YORK–(BUSINESS WIRE)–VanEck announced today its distributions per share for its VanEck Vectors® exchange-traded funds. The following dates apply to distribution declarations for the funds listed below: Ex-Date April 24, 2019       Record Date April 25, 2019       Payable Date April 30, 2019 Fund     Ticker     DistributionFrequency   …

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PJT Partners Inc. to Report First Quarter 2019 Financial Results and Host a Conference Call on May 1, 2019

NEW YORK–(BUSINESS WIRE)–PJT Partners Inc. (“PJT Partners”) (NYSE:PJT) announced that it expects to release its first quarter 2019 financial results on Wednesday morning, May 1, 2019. The earnings release will be available through the Investor Relations section of the PJT Partners website at www.pjtpartners.com. PJT Partners will host a conference call on Wednesday, May 1, …

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Trustmark Corporation Announces First Quarter 2019 Financial Results

JACKSON, Miss.–(BUSINESS WIRE)–Trustmark Corporation (NASDAQ:TRMK) reported net income of $33.3 million in the first quarter of 2019, representing diluted earnings per share of $0.51. This level of earnings resulted in a return on average tangible equity of 11.55% and a return on average assets of 1.01%. Trustmark’s Board of Directors declared a quarterly cash dividend …

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AM Best Revises Outlooks to Positive for American Enterprise Group, Inc.’s Insurance Subsidiaries

OLDWICK, N.J.–(BUSINESS WIRE)–AM Best has revised the outlooks to positive from stable and affirmed the Financial Strength Rating (FSR) of A- (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “a-” of the insurance subsidiaries of American Enterprise Group, Inc. (American Enterprise). The subsidiaries are American Republic Insurance Company, American Republic Corp Insurance Company, …

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Hexcel Declares Quarterly Dividend

STAMFORD, Conn.–(BUSINESS WIRE)–Regulatory News: Hexcel Corporation (NYSE:HXL) today announced that the Company’s Board of Directors has declared a regular quarterly cash dividend of $0.15 per share on the common stock of Hexcel, payable on May 10, 2019 to stockholders of record as of May 3, 2019. ***** Hexcel Corporation is a leading advanced composites company. …

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JMP Group to Report First Quarter Financial Results on May 1, 2019

Company Management to Host Conference Call on May 2, 2019, at 10:00 a.m. ET SAN FRANCISCO–(BUSINESS WIRE)–JMP Group LLC (NYSE: JMP), an investment banking and alternative asset management firm, announced today that the company will report financial results for the fiscal quarter ended March 31, 2019, after market close on Wednesday, May 1, 2019. Company …

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Elmer Bancorp, Inc. Announces First Quarter 2019 Financial Results

ELMER, N.J.–(BUSINESS WIRE)–ELMER BANCORP, INC. (“Elmer Bancorp” or the “Company”) (OTC Pink: ELMA), the parent company of The First National Bank of Elmer (the “Bank”), announces its operating results for the quarter ended March 31, 2019. For the three months ended March 31, 2019, Elmer Bancorp reported net income of $463,000, or $0.40 per common …

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Howard Bancorp, Inc. Reports First Quarter 2019 Results

BALTIMORE–(BUSINESS WIRE)–Howard Bancorp, Inc. (“Howard Bancorp” or the “Company”) (Nasdaq: HBMD), the parent company of Howard Bank (“Howard Bank” or the “Bank”), today reported its financial results for the quarter ended March 31, 2019. A summary of results for and other developments during the first quarter of 2019 is as follows: Net income was $4.3 …

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Verastem Oncology Announces Amendment to Refinance Hercules Loan Facility

New Terms Provide for Lower Interest Rate and Longer Interest-Only Payment Period BOSTON–(BUSINESS WIRE)–Verastem, Inc. (Nasdaq: VSTM) operating as Verastem Oncology, (or the “Company”), focused on developing and commercializing medicines seeking to improve the survival and quality of life of cancer patients, today announced its entry into an amendment (the “Fourth Amendment”) to its existing …

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