On 29 February, Summit Financial Group Inc. (NASDAQ:SMMF) announced the signing of a definitive merger agreement between Summit Community Bank, Inc., a wholly-owned subsidiary of Summit, and HCB. Pursuant to the terms of the merger agreement, Summit Community Bank, Inc. will acquire all of the outstanding shares of common stock of HCB in exchange for cash in the amount of $38.00 per share, subject to an adjustment if HCB’s adjusted shareholders’ equity as of the effective date of the merger deviates materially from the target determined by the parties.
Summit Financial Group Inc. (NASDAQ:SMMF) belongs to Financial sector. Its net profit margin is 27.30% and weekly performance is 7.05%. On last trading day company shares ended up at $13.37. Summit Financial Group Inc. (NASDAQ:SMMF) distance from 50-day simple moving average (SMA50) is 0.87%.
Biocept, Inc. (NASDAQ:BIOC) announces that it will release financial results for the three months and 12 months ended December 31, 2015 after market close on Wednesday, March 9, 2016. Biocept management will hold an investment community conference call at 4:30 p.m. Eastern time (1:30 p.m. Pacific time) to discuss those results and answer questions.
Biocept, Inc. (NASDAQ:BIOC) shares increased 7.46% in last trading session and ended the day at $1.44. BIOC return on assets is -108.00%. Biocept, Inc. (NASDAQ:BIOC) quarterly performance is -22.58%.
On 18 February, ConocoPhillips (NYSE:COP) announced the retirement of Jeff Sheets as executive vice president, Finance and chief financial officer after more than 35 years with ConocoPhillips. In conjunction with Sheets’ retirement, the company also announced several executive leadership changes to realign responsibilities.
ConocoPhillips (NYSE:COP) belongs to Basic Materials sector. Its net profit margin is -15.00% and weekly performance is 4.68%. On last trading day company shares ended up at $34.46. ConocoPhillips (NYSE:COP) distance from 50-day simple moving average (SMA50) is -11.46%.
On 24 February, BlackBerry Ltd (NASDAQ:BBRY) said that it has acquired U.K.-based cyber security consultancy Encription, moving the company deeper into the services business as it continues to morph into a more software-focused entity amid its ongoing turnaround.
BlackBerry Ltd (NASDAQ:BBRY) shares fell -1.54% in last trading session and ended the day at $7.69. BBRY Gross Margin is 46.30% and its return on assets is 0.90%. BlackBerry Ltd (NASDAQ:BBRY) quarterly performance is -1.66%.
On 28 February, Twitter Inc (NYSE:TWTR) launched #Position of strength campaign to empower women to raise voices against any form of discrimination.
On 01 March, Twitter Inc (NYSE:TWTR) shares fell -1.49% and was closed at $17.85. TWTR EPS growth in last 5 year was -41.40%. Twitter Inc (NYSE:TWTR) year to date (YTD) performance is -22.86%.