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Stock Market & Financial Investment News

News Breaks
December 6, 2012
08:48 EDTVLY, CVUCPI Aerostructures increases revolving credit facility from $17M to $35M
CPI Aerostructures (CVU) has amended its existing credit agreement to increase revolving credit commitments from $17M to $35M and to continue a $3.9M principal balance term loan. The revolving credit line was extended four years until December 5, 2016. The facility permits CPI Aero to request increases in revolving credit commitments to up to $50M in aggregate. Valley National Bank (VLY) joined Sovereign Bank as a lender under the facility.
News For CVU;VLY From The Last 14 Days
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October 29, 2014
07:36 EDTVLYValley National sees Q4 effective tax rate 27%-29%
07:35 EDTVLYValley National reports Q3 EPS 14c, consensus 14c
Reports Q3 loan loss provision ($423K) vs. $5.3M a year ago. Reports Q3 net charge-offs on non-covered loans $182K vs. $9.1M a year ago.
October 20, 2014
09:28 EDTVLYValley National and 1st United Bancorp receive approval for merger
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