White Smile Global Inc. (WSML) specializes in creating and maintaining beautiful smiles with WSML’s over-the counter Teeth Whitening Systems and Oral Care. WSML main headquarters currently resides in Miami Beach, Florida with international offices in Paris, France and Bulgaria.
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Morgan Stanley (NYSE:MS)
MS announced today the sale of Saxon Mortgage Services, Inc., a provider of servicing and subservicing of residential mortgage loans, to Ocwen Financial Corporation (OCN). Ocwen has agreed to acquire Saxon for the base purchase price of $59.3 million, plus an estimated $1.4 billion for servicing advance receivables outstanding. The transaction is targeted to close in the first quarter of 2012 and is not expected to have a material impact on financial results.
MS is a leading global financial services firm providing a wide range of investment banking, securities, investment management and wealth management services. The Firm’s employees serve clients worldwide including corporations, governments, institutions and individuals from more than 1,300 offices in 42 countries.
For more information about MS please visit http://www.morganstanley.com/
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Ultrapetrol (Bahamas) Ltd. (NASDAQ:ULTR)
ULTR, announced today that its Board of Directors has approved a share repurchase program effective immediately for up to a total of $20 million of the Company’s common stock through April 30, 2012. Share repurchases may be made by the Company and certain of its affiliates from time to time in open market transactions at prevailing market prices or in privately negotiated transactions.
ULTR is an industrial transportation company serving the marine transportation needs of its clients in the markets on which it focuses. It serves the shipping markets for containers, grain and soya bean products, forest products, minerals, crude oil, petroleum, and refined petroleum products, as well as the offshore oil platform supply market with its extensive and diverse fleet of vessels. These include river barges and pushboats, platform supply vessels, tankers and two container feeder vessels.
For more information about ULTR please visit http://www.ultrapetrol.net
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Eagle Bancorp, Inc. (NASDAQ:EGBN)
EGBN announced today net income of $6.5 million for the quarter ended September 30, 2011, a 36% increase over the $4.8 million net income for the quarter ended September 30, 2010, constituting another record quarter. Net income available to common shareholders increased 43% to $6.3 million ($0.32 per basic common share and $0.31 per diluted common share), as compared to $4.4 million ($0.22 per basic and diluted common share) for the same three month period in 2010. The higher growth in net income available to common shareholders is due to lower aggregate dividends on preferred stock issued under the Small Business Lending Fund (”SBLF”), which has a dividend rate of 1.00% compared to a 5.00% rate applicable to the TARP preferred stock. The Company is eligible for the lowest dividend rate available in the SBLF program due to its growth of SBLF qualified loans during the initial and supplemental reporting periods.
EGBN is the holding company for EagleBank which commenced operations in 1998. The Bank is headquartered in Bethesda, Maryland, and conducts full service commercial banking through fifteen offices, located in Montgomery County, Maryland, Washington, D.C., Arlington County, Virginia, and Fairfax County, Virginia. The Company focuses on building relationships with businesses, professionals and individuals in its marketplace.
For more information about EGBN please visit https://www.eaglebankcorp.com/
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Edgewater Technology Inc. (Nasdaq:EDGW) recently announced that its Board of Directors has approved an extension of the Company’s stock repurchase program (the “Repurchase Program”) to September 21, 2012 (the “Extended Repurchase Program”).
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Fulton Financial Corp. (NASDAQ:FULT) witnessed volume of 10.40 million shares during last trade however it holds an average trading capacity of 1.61 million shares. FULT last trade opened at $9.55 reached intraday low of $9.39 and went +3.28% up to close at $9.76.
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As evidenced by the last few days of trading, Evcarco (EVCA:OB)is a penny stock that is catching the attention of speculative investors who are looking to take advantage of the potential in the electric car market.
