Financial Sector Gainers: Charles Schwab (NYSE:SCHW), Tree.com Inc (NASDAQ:TREE), VantageSouth Bancshares (NYSEMKT:VSB), Landmark Bancorp Inc (NASDAQ:LARK), E TRADE Financial Corporation (NASDAQ:ETFC)

Technology Stocks News 6

Stocks rebounded from a downbeat start on Tuesday, building on small gains for the third day in a row. News that consumer prices jumped in May drove up long-term interest rates, setting the stage for the turnaround as investors bid up shares in such financial stocks as E-Trade Financial, Charles Schwab Corp (NYSE:SCHW) and Goldman Sachs. Charles Schwab Corp (NYSE:SCHW) stock performance was 5.49% in last session and finished the day at $27.30. Traded volume was 12.43million shares in the last session and the average volume of the stock remained 7.99million shares. The beta of the stock remained 1.50. Charles Schwab Corp (NYSE:SCHW) insider ownership is 0.20%.

On June 11, 2014, at the Company’s 2014 Annual Meeting of Stockholders (the “Annual Meeting”), the stockholders of Tree.com, Inc. (NASDAQ:TREE) approved the amendment and restatement of the Tree.com 2008 Stock and Annual Incentive Plan, (the “Stock Plan”), which amendment and restatement became effective upon such approval. A description of the amendments approved, and of the Stock Plan as a whole, was included in the Company’s 2014 proxy statement prepared for the Annual Meeting filed with the Securities and Exchange Commission on May 2, 2014, under the heading “Proposal 3-Approval of Amendment and Restatement of the Third Amended and Restated Tree.com 2008 Stock and Annual Incentive Plan.” Tree.com Inc (NASDAQ:TREE) rose 5.10 percent to $26.98 Tuesday on volume of 145,101.00million shares. The intra-day range of the stock was $25.40 to $27.50. Tree.com Inc (NASDAQ:TREE) has a market capitalization of $305.07million.

Yadkin, with its toes in the Durham market, is in the process of acquiring VantageSouth Bancshares Inc. (NYSEMKT:VSB) of Raleigh for $299 million. The banks’ shareholders will each own about 45 percent of the combined bank. The combined bank would hold about $4 billion in assets. VantageSouth Bancshares, Inc. (NYSEMKT:VSB)’s stock on June 17, 2014 reported a increase of 6.38% to the closing price of $6.50. Its fifty two weeks range is $4.21 -$7.48. The total market capitalization recorded $337.66million. The overall volume in the last trading session was 135,149.00million shares. In its share capital, VSB has 55.26million outstanding shares.

Landmark Bancorp Inc (NASDAQ:LARK) Chairman Patrick L. Alexander unloaded 14,224 shares of Landmark Bancorp stock in a transaction that occurred on Wednesday, May 28th. The shares were sold at an average price of $19.21, for a total transaction of $273,243.04. Following the sale, the chairman now directly owns 99,447 shares in the company, valued at approximately $1,910,377. On Tuesday, shares of Landmark Bancorp Inc (NASDAQ:LARK) advanced 15.41% to close the day at $23.59. Company return on investment (ROI) is 18.20% and its monthly performance is recorded as 20.60%. Landmark Bancorp Inc (NASDAQ:LARK) quarterly revenue growth is 20.60%.

E TRADE Financial Corporation (NASDAQ:ETFC) was the target of a significant drop in short interest in May. As of May 30th, there was short interest totalling 8,642,560 shares, a drop of 13.3% from the May 15th total of 9,970,507 shares, American Banking News.com reports. Based on an average daily trading volume, of 3,418,008 shares, the days-to-cover ratio is currently 2.5 days. Currently, 3.0% of the shares of the stock are short sold. E TRADE Financial Corporation (NASDAQ:ETFC) stock performance was 7.74% in last session and finished the day at $22.00. Traded volume was 9.43million shares in the last session and the average volume of the stock remained 5.33million shares. The beta of the stock remained 2.32. E TRADE Financial Corporation (NASDAQ:ETFC) insider ownership is 0.50%.

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