Xenith Bankshares, Inc. (Nasdaq:XBKS), parent company to Xenith Bank, and Colonial Virginia Bank (“CVB”) announced the signing of a definitive merger agreement, whereby CVB will be merged with and into Xenith Bank. CVB operates two full-service branches in the Gloucester, Virginia area and one loan production office in Yorktown, Virginia. As of June 30, 2013, CVB had the largest share of deposits in Gloucester County, Virginia according to the Federal Deposit Insurance Corporation. Xenith Bankshares Inc (NASDAQ:XBKS) shares after opening at $6.00 moved to $6.01 on last trade day and at the end of the day closed at $6.01. Company price to sales ratio in past twelve months was calculated as 2.46 and price to cash ratio as 2.58.Xenith Bankshares Inc (NASDAQ:XBKS) showed a positive weekly performance of 1.86%.
Sanofi, formerly Sanofi-Aventis is a global and diversified healthcare company. The Company discovers, develops and distributes therapeutic solutions focused on patients’ needs. Sanofi SA (ADR) (NYSE:SNY) shares advanced 0.96% in last trading session and ended the day on $50.74. SNY return on equity ratio is recorded as 5.40% and its return on assets is 3.10%. Sanofi SA (ADR) (NYSE:SNY) yearly performance is 5.07%.
March 21, 2014-Minerals Technologies Inc. (NYSE:MTX) announced that it has commenced a tender offer to purchase all outstanding shares of AMCOL International Corporation (NYSE: ACO) for $45.75 per share in cash. The tender offer is being made pursuant to the Merger Agreement entered into and announced by Minerals Technologies (“MTI”) and AMCOL on March 10, 2014. Minerals Technologies Inc (NYSE:MTX) shares moved up 2.30% in last trading session and was closed at $63.61, while trading in range of $62.26-$64.36. Minerals Technologies Inc (NYSE:MTX) year to date performance is 6.00%.
Longbow Research initiated coverage on shares of Cracker Barrel Old Country Store (NASDAQ:CBRL) in a research report sent to investors on Friday morning, TheFlyOnTheWall.com reports. The firm issued a neutral rating on the stock. Cracker Barrel Old Country Store, Inc. (NASDAQ:CBRL) weekly performance is -2.62%. On last trading day company shares ended up $98.04. Cracker Barrel Old Country Store, Inc. (NASDAQ:CBRL) distance from 50-day simple moving average is -2.46%. Analysts mean target price for the company is $115.00.