Five Oaks Investment Corp. (NYSE: OAKS) today announced that the Company has commenced an underwritten public offering of 3,000,000 shares of its common stock. Five Oaks Investment Corp (NYSE:OAKS) stock opened at $11.16 in last session, and closed at $11.15, while the day range of OAKS stock is $11.13 – $11.25. The stock showed a negative weekly performance of -5.83%.
First Bancorp (NASDAQ:FBNC) had its price objective hosited by Keefe, Bruyette & Woods from $16.50 to $18.50 in a report released. First Bancorp (NYSE:FBP) stock opened at $4.80, in last session and closed at $4.55, by losing -5.21%. The 52 week range of FBP is $4.36 – $8.70. Company’s market capitalization is $942.16million.
Meadowbrook Insurance Group Inc. (NYSE:MIG) remains actively engaged with Willis Capital Markets & Advisory as it continues to conduct a strategic review of the future of its operations, according to the troubled US insurer’s president and CEO Bob Cubbin. Meadowbrook Insurance Group, Inc. (NYSE:MIG) stock decreased -6.12% and finished the last session at $5.98. The EPS of the stock remained -1.25. Company’s market capitalization is $298.33million.
United Community Banks, Inc. (NASDAQ: UCBI) announced today that Lynn Harton, United’s executive vice president and chief operating officer has been named president along with his current title as chief operating officer of the company’s subsidiary bank, United Community Bank Inc. (NASDAQ:UCBI). United Community Banks, Inc. (NASDAQ:UCBI) stock opened the session at $17.06, and closed the session at $16.16. The 52 week range of the UCBI stock remained $10.15 – $19.35 and the day range was $16.00 – $17.13.
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