Cancelled Merger Crushes Republic First

Shares of Republic First Bancorp tumbled Tuesday after Metro Bancorp ( METR - news - people ) canceled the partnership agreement with the company. The play of both companies blamed uncertainties per regulatory capitulation for the termination. The headlines sent shares of Republic First down some-more than 28%.emailprintreprintnewslettercommentssharedel.icio.usDigg It!yahooFacebookTwitterRedditrssforbes:http://www.forbes.com/2010/03/16/losers-republic-lexicon-markets-equities-metro-marketnewsvideo.html?partner=yahoobuzzLexicon Pharmaceuticals ( LXRX - news - people ) voiced the pricing for the open charity and investors were not greatfully by the results. The association lifted $165 million by offered shares in both a open and in isolation charity at $1.15 per share. Shares of Lexicon were trade on top of the charity price, but off roughly 12%.StoneMor Partners ( STON - news - people ) non-stop neatly reduce Tuesday following the gain inform Monday night. Investors were not gratified to see changes to the companys accounting practices and Raymond James agreed, slicing the rating on the batch to marketplace perform. Shares of StoneMor were primarily off some-more than 12%, but rebounded slightly.Market News Video produces and distributes online videos about bonds and investing.
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