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Stock Market & Financial Investment News

News Breaks
June 24, 2014
12:07 EDTCNBC, CNOBCenter Bancorp, ConnectOne Bancorp shareholders approve merger
ConnectOne Bancorp (CNOB), parent company of ConnectOne Bank, and Center Bancorp (CNBC), parent company of Union Center National Bank, jointly announced that their respective shareholders, at annual meetings held earlier, approved the planned merger between ConnectOne and Center. Center's shareholders also approved the adoption of an amended and restated certificate of incorporation, which was a condition to the parties' completing the transaction. The combined company will be one of the largest New Jersey headquartered financial institutions, positioned to best serve middle market commercial businesses with even greater convenience, access to technology and financial resources. The merger is expected to close effective July 1.
News For CNBC;CNOB From The Last 14 Days
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October 15, 2014
08:59 EDTCNOBConnectOne Bancorp upgraded at Sterne Agee
As noted earlier, Sterne Agee upgraded ConnectOne (CNOB) to Buy from Neutral. The firm upgraded the stock after its merger of equals with Center Bancorp, citing improved pro forma profitability and loan growth potential following the deal. Target $21.50.
08:00 EDTCNOBConnectOne Bancorp upgraded to Buy from Neutral at Sterne Agee
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