SCVBank Finds Growth Opportunities in Challenging Market Oct 9, 2008 05:49PM

SANTA PAULA, Calif.--(BUSINESS WIRE)-- Santa Clara Valley Bank (SCVBank) (OTCBB: SCVE) today announced its 2008 third quarter financial results. During the third quarter, loans grew $8.8 million while deposits increased by $4.9 million. The loan growth consisted primarily of solid commercial real estate loans that other local banks were unable to fund. New depositors have come to SCVBank due to its financial strength. As a Five-Star Bank, one of the safest in America per BauerFinancial, Inc., depositors have come from several troubled banks increasing the Bank's deposits significantly during the quarter. The Bank's CDARS program, which provides FDIC insurance up to $50 million dollars, has also been an effective program for many depositors. For the nine months ending 9/30/08, SCVBank's net income was $421,000, or $0.39 per share, an increase of 46% compared to $288,000, or $0.27 per share, for the same period a year earlier. SCVBank's net interest income increased by $364,000 ...


Wedbush Morgan Lowers Price Target on Garmin (GRMN) Oct 8, 2008 02:13PM

Wedbush Morgan lowers its price target on Garmin Ltd. (Nasdaq: GRMN) from $40 to $30 and ...


Wedbush Morgan Initiates Coverage of Ascent Solar Technologies (ASTI) with a Hold Oct 7, 2008 10:43AM

Wedbush Morgan initiates coverage of Ascent Solar Technologies (Nasdaq: ASTI) with a Hold rating and $5.50 price target.

Wedbush analyst says ...


Wedbush Morgan Initiates Coverage of Energy Conversion Devices (ENER) with a Buy Oct 7, 2008 10:41AM

Wedbush Morgan initiates coverage of Energy Conversion Devices (Nasdaq: ENER) with a Buy rating and a $62 price target.

Wedbush analyst ...


Wedbush Morgan Cuts Akamai (AKAM) to Hold Oct 2, 2008 01:27PM

Wedbush Morgan downgrades Akamai Technologies, Inc. (NASDAQ: AKAM) from Buy to Hold and ...


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Sep 29, 2008 12:16PM Wedbush Morgan Upgrades GameStop (GME) to Buy
Sep 26, 2008 10:33AM Wedbush Morgan Starts Smith Micro Software (SMSI) at Buy
Sep 24, 2008 04:02PM Wedbush Morgan Securities to Acquire Investment Bank in Arizona
Sep 23, 2008 12:12PM Wedbush Morgan Cuts Price Target on Akamai (AKAM) to $23, But Maintains Buy
Sep 19, 2008 01:58PM B. Riley & Co. Recruits Veteran Banker Timothy McQuay, Senior Analyst Daniel Whang
Sep 12, 2008 03:34PM Frontier Oil Corporation Announces Notes Offering
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Sep 11, 2008 09:50AM Wedbush Morgan Starts Macrovision Solutions (MVSN) at Buy
Sep 10, 2008 08:46AM Wedbush Morgan Upgrades BJ's Restaurants (BJRI) to Buy
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Aug 28, 2008 10:50AM Wedbush Morgan Maintains 'Hold' Rating on Men's Wearhouse (MW)
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Aug 27, 2008 10:28AM Concur Technologies (CNQR) CFO Sells 78% of His Holdings
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Aug 11, 2008 09:10AM Wedbush Morgan Upgrades VeriSign (VRSN) to Buy
Aug 8, 2008 03:51PM Earl Scheib Announces Its Fourth Quarter and Fiscal Year 2008 Operating Results
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Aug 5, 2008 05:40PM American Capital Declares $1.05 Q3 2008 Dividend Reports $0.71 NOI and $0.95 Realized Earnings in Q2 2008
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Jul 31, 2008 11:32AM Wedbush Ups Target on Concur Tech. (CNQR) to $42
Jul 31, 2008 11:20AM Wedbush Cuts Price Target on Akamai (AKAM) to $36
Jul 31, 2008 11:17AM Wedbush Morgan Downgrades Garmin (GRMN) to Hold
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