Banking industry
First American Financial Corporation, the nation's leading provider of business information and related products and services, has announced the acquisition of Pioneer Agency, the largest title agency in Pennsylvania. As part of the acquisition, First American acquired a 20 percent equity interest in Pioneer Agency in 1994, with
Banking industry
FAMC, a subsidiary of AmeriResource Technologies, Inc., has finalized an agreement with PMI Mortgage Insurance Co. and Staten Island Savings Bank to offer an "A-" loan product to Native American homebuyers with less than perfect credit. The product will allow the three companies to approve loans that they
Banking industry
Craig Corporation today announced its financial results for the three and nine months ended September 30, 1999. The Company reported a net loss of $1,347,000 and a net loss applicable to common shareholders of $1,460,000 for the third quarter, compared to a net loss of $342,
Banking industry
A.M. Best, a renowned insurance rating agency, has upgraded the financial strength ratings of First American Title Insurance Co. and its subsidiaries to A+, reflecting the company's strong franchise value, diversified revenue base, and prudent management. The upgrade comes amidst the company's sustained earnings growth,
Banking industry
The Royal Bank of Scotland has filed a "merger notice" with the Office of Fair Trading (OFT), sparking speculation about its intentions to make a bid for National Westminster Bank. The move comes as the OFT has yet to submit its advice to the Department of Trade and
Banking industry
The Royal Bank of Scotland is seriously considering a counter-bid for NatWest, a move that could create a bidding war between the two Scottish banks. A merger notice was submitted to the Office of Fair Trading, which must launch a counter offer by December 3. The Royal Bank's
Banking industry
Jacksonville Bancorp, Inc., the holding company of Jacksonville Savings Bank, reported net income of $3.64 million, or $1.65 per share basic and $1.60 per share diluted, for the fiscal year ended September 30, 1999. This represents a significant improvement from the comparable period in 1998, where net
Banking industry
First American Financial Corporation, a leading provider of business information and related products and services, has announced the acquisition of Barton County Abstract & Title Company from its owners, Robert J. Uplinger Jr. and Julie A. Uplinger. This strategic move aims to enhance First American's automated title searching
Banking industry
Westcorp, a leading financial services holding company, has priced a $500 million offering of automobile receivable asset-backed securities through its subsidiary WFS Financial Inc. This transaction marks a significant milestone for Westcorp, which has been securitizing automobile assets since 1985 and has become the fourth largest issuer of such securities
Banking industry
FSF Financial Corp. announced its operating results for the quarter and fiscal year ended September 30, 1999, revealing a net income of $445,000 for the fourth quarter of fiscal 1999 and $707,000 for the same period in 1998. The company's basic earnings per share for the
Banking industry
Flagstar Bancorp, a leading financial institution based in Michigan, has declared a third quarter dividend of $0.10 per share to be paid on November 15, 1999 to shareholders of record on October 29, 1999. The company's net earnings for the quarter were $7.2 million, or $0.
Banking industry
FSF Financial Corp., parent company of First Federal fsb and Insurance Planners of Hutchinson Inc., has announced its plan to pay a regular quarterly dividend of 12.5 cents per share to its stockholders of record on November 1, 1999. This decision was made after reviewing the preliminary operating results
