Salisbury Bank Plans 2-for-1 Stock Split
The parent company of Lakeville-based Salisbury Bank and Trust Co. plans to double its shares of common stock with a two-for-one stock split.
CT Banks Face New Nasdaq Diversity Requirements
Most of Connecticut’s publicly traded banks have at least one female board member, partially satisfying new diversity rules for companies listed on the Nasdaq stock exchange.
Two Connecticut Banks Could Drop From Stock Index
As Russell’s U.S. stock indexes go through their annual shakeup this month, two Connecticut banks could be dropped from the Russell 3000 index.
Guilford Savings Bank Receives OK to Reorganize as Stock Bank
Though it does not intend to issue common stock, Guilford Savings Bank plans to reorganize as a stock bank and has received approval from Connecticut’s banking commissioner to move forward.
Trade War Could Leave Stock Banks Vulnerable
Looking across the stock market, it’s hard to find a company that isn’t vulnerable in some degree to the U.S.-China trade war. Now, investors are also looking beyond these first-order effects as they pick out which stocks look susceptible to the trade war.
