Harris & Harris Group, Inc. (NASDAQ:TINY) part of the Gores Group, has been split into two companies that have been named Imagine Communications and GatesAir. The announcement was made at an inaugural MediaDay held at Madison Square Garden in New York City. Harris & Harris Group, Inc. (NASDAQ:TINY) shares after opening at $3.75 moved to $3.80 on last trade day and at the end of the day closed at $3.58. Company price to sales ratio in past twelve months was calculated as 159.36 and price to cash ratio as 8.26. Harris & Harris Group, Inc. (NASDAQ:TINY) showed a positive weekly performance of 9.48%.
On March 11, 2014, Altisource Asset Management Corporation (NYSEMKT:AAMC) appointed Adam Appleby, age 40, as the Chief Operating Officer of the Company. Altisource Asset Management Corp (NYSEMKT:AAMC) shares advanced 20.36% in last trading session and ended the day on $1,045.02. Altisource Asset Management Corp (NYSEMKT:AAMC) return on equity ratio is recorded as -108.30% and its return on assets is -0.80%. Altisource Asset Management Corp (NYSEMKT:AAMC) yearly performance is 625.71%.
LNB Bancorp, Inc. (NASDAQ:LNBB) begin trading ex-dividend on March 05, 2014. A cash dividend payment of $0.01 per share is scheduled to be paid on April 01, 2014. LNB Bancorp Inc. (NASDAQ:LNBB) shares moved up 3.79% in last trading session and was closed at $11.50, while trading in range of $10.50 – $11.50. LNB Bancorp Inc. (NASDAQ:LNBB) year to date (YTD) performance is 14.77%.
Porter Bancorp, Inc. (NASDAQ:PBIB) is a bank holding company for PBI Bank (the Bank). Through its wholly owned subsidiary the Bank, it operates 18 full-service banking offices in 12 counties in Kentucky. The Company’s markets include Louisville in Jefferson County and the surrounding counties of Henry and Bullitt, and extend south along the Interstate 65 corridor to Tennessee. Porter Bancorp, Inc. (NASDAQ:PBIB) weekly performance is 8.57%. On last trading day company shares ended up $1.14. Porter Bancorp, Inc. (NASDAQ:PBIB) distance from 50-day simple moving average (SMA50) is 13.23%. Analysts mean target price for the company is $1.50.