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

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, Inc. (NASDAQ:TREE) approved the amendment and restatement of the 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 2008 Stock and Annual Incentive Plan.” 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. 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 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%.

Signup for free to be the first to receive exclusive free links. Now in your mailbox!
Join over 15,000 subscribers
Send me links

Your information will not be shared to anyone