GULFPORT — Hancock Holding Co.’s proposed buyout of its longtime Gulf Coast banking rival, New Orleans-based Whitney Holding Corp., will be judged today by shareholders of both companies. Separate shareholder meetings are scheduled to decide whether to go along with Hancock’s $1.5-billion stock-for-stock deal to acquire Whitney. Both groups have to approve. The companies also [...] [...]
NATCHEZ — Callon Petroleum Company announced the closing of the sale of 1.1 million shares of its common stock pursuant to the underwriters’ exercise of the over-allotment option, which the company granted in connection with Callon’s previously announced public offering of nine million shares of its common stock. The exercise of the over-allotment option brings [...] [...]
NATCHEZ — Callon Petroleum Company has closed its previously announced public offering of nine million shares of its common stock at a price to the public of $7.75 per share. Callon also granted the underwriters a 30-day option to purchase up to an additional 1.35 million common shares on the same terms and conditions to [...] [...]
NATCHEZ — Callon Petroleum Company intends to offer, subject to market and other conditions, nine million shares of its common stock, par value $0.01 per share. In connection with this offering, Callon will grant the underwriters an option to purchase 1.35 million additional shares of common stock to cover any over-allotments. Callon intends to use [...] [...]
AUSTIN, Texas — Farm Credit Bank of Texas (FCBT), a cooperatively owned wholesale funding bank, issued $300 million of perpetual non-cumulative preferred stock Aug. 26. The Austin-based bank reported $82 million of net income for the first six months of 2010, an 84.5 percent increase over the same period of 2009. FCBT loan volume totaled [...] [...]
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