News Results

  1. Heritage Commerce Corp Earns $14.8 Million for the Second Quarter of 2022, and $27.7 Million for the First Six Months of 2022
    GlobeNewswire | 07/28/22 05:19 PM EDT

    Heritage Commerce Corp (HTBK), the holding company for Heritage Bank of Commerce, today announced second quarter 2022 net income of $14.8 million, or $0.24 per average diluted common share, compared to $8.8 million, or $0.15 per average diluted common share, for the second quarter of 2021, and $12.9 million, or $0.21 per average diluted common share, for the first quarter of 2022.

  2. Northfield Bancorp, Inc. Announces Second Quarter 2022 Results
    GlobeNewswire | 07/27/22 06:34 PM EDT

    WOODBRIDGE, N.J., July 27, 2022 -- Northfield Bancorp (NFBK), INC.,?the holding company for Northfield Bank, reported diluted earnings per common share of $0.34 and $0.64 for the three and six months ended June?30, 2022, respectively, as compared to $0.40 and $0.78 per diluted share for the three and six months ended June?30, 2021, respectively.

  3. New Affordable Housing Coming to Los Angeles with $72 Million in Financing from?Greystone Affiliate, America First Multifamily Investors, L.P.
    GlobeNewswire | 07/27/22 01:07 PM EDT

    Greystone affiliate, America First Multifamily Investors, L.P., today announced that it has purchased $72 million in tax-exempt and taxable mortgage revenue bonds for the acquisition of land and construction of a 200-unit seniors affordable housing property in Los Angeles.

  4. Chemung Financial Corporation Reports Second Quarter 2022 Net Income of $8.0 million, or $1.72 per Share
    GlobeNewswire | 07/21/22 04:15 PM EDT

    Chemung Financial Corporation (CHMG), the parent company of Chemung Canal Trust Company, today reported net income of $8.0 million, or $1.72 per share, for the second quarter of 2022, compared to $6.8 million, or $1.45 per share, for the second quarter of 2021.

  5. Virco Reports 13% Increase in First Quarter Revenue; Competitive Advantages of Domestic Factories and U.S. School Furniture Market Lead to Record Orders and Backlog
    GlobeNewswire | 06/10/22 09:30 AM EDT

    Highlights: TORRANCE, Calif., June 10, 2022 -- Virco Mfg. Net sales were $32.1 million for the first quarter of fiscal 2023, a 13% increase from $28.4 million for the same period of the prior fiscal year. Net loss was, or per diluted share for the first quarter of fiscal 2023, an increase of 30% from, or per diluted share, for the same period of the prior fiscal year.

  6. Stifel Expands Municipal Securities Group
    GlobeNewswire | 06/06/22 10:31 AM EDT

    Stifel Financial Corp. (SF) today announced several key hires within its Municipal Securities Group.

  7. Casella Waste Systems, Inc. Announces Pricing of $35.0 Million of Vermont Economic Development Authority Solid Waste Disposal Revenue Bonds (Casella Waste Systems, Inc. Project) Series 2022
    GlobeNewswire | 05/19/22 01:30 PM EDT

    Casella Waste Systems, Inc. (CWST), a regional solid waste, recycling and resource management services company, today announced that it has priced the previously announced offering of $35.0 million aggregate principal amount of Vermont Economic Development Authority Solid Waste Disposal Revenue Bonds Series 2022 to be issued under an indenture between the Issuer and the bond trustee.

  8. Casella Waste Systems, Inc. Announces Offering of Vermont Economic Development Authority Solid Waste Disposal Revenue Bonds
    GlobeNewswire | 05/03/22 05:10 PM EDT

    Casella Waste Systems, Inc. (CWST), a regional solid waste, recycling and resource management services company, today announced an offering of up to $60.0 million aggregate principal amount of Vermont Economic Development Authority Solid Waste Disposal Revenue Bonds Series 2022 under an indenture between the Issuer and the bond trustee.

  9. Heritage Commerce Corp Earns $12.9 Million for the First Quarter of 2022
    GlobeNewswire | 04/28/22 05:45 PM EDT

    Heritage Commerce Corp (HTBK), the holding company for Heritage Bank of Commerce, today announced first quarter 2022 net income of $12.9 million, or $0.21 per average diluted common share, compared to $11.2 million, or $0.19 per average diluted common share, for the first quarter of 2021, and $14.0 million, or $0.23 per average diluted common share, for the fourth quarter of 2021.

  10. TowneBank Reports First Quarter 2022 Earnings
    GlobeNewswire | 04/28/22 08:30 AM EDT

    TowneBank today reported earnings for the quarter ended March?31, 2022 of $45.59?million, or $0.63 per diluted share, compared to $69.00?million, or $0.95 per diluted share, for the quarter ended March?31, 2021.

In general the bond market is volatile, and fixed income securities carry interest rate risk. (As interest rates rise, bond prices usually fall, and vice versa. This effect is usually more pronounced for longer-term securities.) Fixed income securities also carry inflation risk and credit and default risks for both issuers and counterparties. Unlike individual bonds, most bond funds do not have a maturity date, so avoiding losses caused by price volatility by holding them until maturity is not possible.

Lower-quality debt securities generally offer higher yields, but also involve greater risk of default or price changes due to potential changes in the credit quality of the issuer. Any fixed income security sold or redeemed prior to maturity may be subject to loss.

Before investing, consider the funds' investment objectives, risks, charges, and expenses. Contact Fidelity for a prospectus or, if available, a summary prospectus containing this information. Read it carefully.

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