Much to the delight of investors, Bank of America Corporation ( BAC ) has increased the quarterly common stock dividend from 1 cent per share to 5 cents. The new dividend will be paid on Sep 26 to shareholders of records as of Sep 5. This four-fold hike in dividend marks the first increase in quarterly common stock dividend by the Bank of America (BofA) in seven years. It indicates that the bank has been able to to bolster its balance sheet as well as capital and liquidity positions. Added to this, BofA has nearly struck a landmark settlement deal of $16 billion – $17 billion with the U.S. Citigroup Inc. (NYSE:C) settled similar types of claims last month for $7 billion. Citigroup Inc. (NYSE:C) belongs to Financial sector. Its net profit margin is 14.50% and weekly performance is -1.74%. On last trading day company shares ended up $48.06. Citigroup Inc. (NYSE:C) distance from 50-day simple moving average (SMA50) is -0.56%.
Austin’s financial services industry is expanding right alongside the growth in its high tech industry and this week, The Charles Schwab Corp. (NYSE:SCHW), a securities broker, investment services, money manager and financial advisory company, announced plans to expand in Austin, creating 800 jobs and investing $196 million. Charles Schwab plans to build a new 250,000 square foot to 300,000 square foot building in the Domain area as well as occupy an existing 187,000 square feet. The Charles Schwab Corporation (NYSE:SCHW) shares fell -1.49% in last trading session and ended the day at $27.14. SCHW Gross Margin is 98.20% and its return on assets is 0.90%. The Charles Schwab Corporation (NYSE:SCHW) quarterly performance is 4.63%.
HomeTrust Bancshares Inc. (NASDAQ:HTBI)has completed its purchase of Charlotte’s Bank of Commerce. HomeTrust (NASDAQ:HTBI), the holding company for HomeTrust Bank, says it will convert the Bank of Commerce branch at 100 Queens Road to its platform in early 2015 and change its name to HomeTrust. On 07 August, HomeTrust Bancshares, Inc. (NASDAQ:HTBI) shares moved up 0.13% and was closed at $15.20. HTBI EPS growth in last 5 year was 0.00%. HomeTrust Bancshares, Inc. (NASDAQ:HTBI) year to date (YTD) performance is -4.94%.
Sharps Compliance Corp. (NASDAQ:SMED) today announced an arrangement to jointly promote Veolia’s RECYCLEPAK, a lighting and battery ship-back recycling program. Sharps will market this service to existing and prospective customers as a complement to Sharps’ line of medical waste and unused medication management solutions. Sharps Compliance Corp. (NASDAQ:SMED) ended the last trading day at $4.66. Company weekly volatility is calculated as 2.12%and price to cash ratio as 4.94. Sharps Compliance Corp. (NASDAQ:SMED) showed a weekly performance of 1.08%.
The Phoenix Companies, Inc. (NYSE:PNX) today announced the filing of its Annual Report on Form 10-K for the year ended December 31, 2013 (“2013 Form 10-K”) with the U.S. Securities and Exchange Commission (“SEC”).
“Filing the 2013 Form 10-K is a significant milestone as we continue to catch up with our delayed filings and remain focused on becoming a current SEC filer this year,” said James D. Wehr, president and chief executive officer. The Phoenix Companies Inc. (NYSE:PNX) shares moved up 2.38% in last trading session and ended the day on $56.24. The Phoenix Companies Inc. (NYSE:PNX) quarterly performance is 30.37%.