Horizon Bancorp Unveils 3-for-2 Stock Split

Horizon Bancorp Unveils 3-for-2 Stock Split

Horizon Bancorp (HBNC), a commercial bank holding company, declared a 3-for-2 stock split on Horizon’s authorized and outstanding shares of common stock. Shareholders of record as of the close of business on Oct. 31, the record date, will be entitled to receive an additional half share for each share of common stock held. Shareholders will receive cash in lieu of any fractional share of common stock that they otherwise would […]

Read More ˃
Consumer Stocks Maintain Much of Day-Long Advance

Consumer Stocks Maintain Much of Day-Long Advance

Consumer stocks were higher shortly before Friday’s closing bell, with shares of consumer staples companies adding about 0.6% while shares of consumer discretionary firms in the S&P 500 were climbing nearly 0.8%. In company news, Dicks Sporting Goods (DKS) was narrowly higher this afternoon, with the retailer’s shares reversing a morning and early-afternoon retreat that followed reports it won an auction to buy the U.S. business of Golfsmith International Holdings […]

Read More ˃
Late Bounce Trims Health Care Sector Declines

Late Bounce Trims Health Care Sector Declines

Health care stocks struggled throughout Friday’s session, with the NYSE Health Care Index slumping almost 0.5% while shares of health care companies in the S&P 500 were down nearly 0.8% as a group. In company news, Allscripts Healthcare Solutions (MDRX) declined Friday after the provider of technology and financial services to health care companies late yesterday disclosed a deal to acquire CarePort, a provider of post-acute outcomes management. Financial terms […]

Read More ˃
Terreno Realty Acquires Buildings in San Leandro, California for $15.9 Mln

Terreno Realty Acquires Buildings in San Leandro, California for $15.9 Mln

Terreno Realty (TRNO), an acquirer, owner and operator of industrial real estate, said Friday that it has acquired an industrial property located in San Leandro, California on Oct. 20, for a purchase price of about $15.9 million. The property consists of two industrial distribution buildings containing approximately 100,000 square feet on 8.2 acres west of Interstate 880, three miles south of Oakland International Airport. The property is at 2062 and […]

Read More ˃
Bonds End Mixed – 10-Year 1.735%

Bonds End Mixed – 10-Year 1.735%

U.S. Treasuries ended the week mixed with the long bond leading while the shorter end lagged as the curve trade dominated the quiet, low-volume session. Traders were preparing for a run of Treasury auctions in the week ahead as well as anticipated new corporate debt. Prices were pressured late as San Francisco Federal Reserve President John Williams called for gradual near-term rate hike hikes in a late local speech, airing […]

Read More ˃