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Policy Issues news
House GOP Pressing Vote on Minimum Wage
House Republican Leaders, Giving in to Political Reality, Plan Vote to Raise $5.15 Minimum Wage Continue >>
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Economics news
Oil Prices Rise Above $74 a Barrel
Oil Prices Rise Above $74 a Barrel As Market Watches Mideast Developments Continue >>
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Business news
Home BancShares, Inc. Announces Underwriters Exercise Over-Allotment
CONWAY, Ark., July 27, 2006 (PRIMEZONE) -- Home BancShares, Inc. (Nasdaq:HOMB) today announced the underwriter's of the Company's recently completed initial public offering have exercised and completed their option to purchase an additional 375,000 shares of common stock to cover over-allotments effective Wednesday, July 26, 2006. The company received net proceeds of approximately $6.3 million from its sale of shares after deducting sales commissions. The company intends to use the proceeds of the offering for general corporate purposes, which may include, among other things, working capital needs and providing investments in bank subsidiaries. A portion of the net proceeds may be used to finance bank acquisitions, though no present plans exist. Continue >>
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Health news
Cannabis therapy 'may be harmful'
Cannabis extracts used in medicine may have harmful, rather than the beneficial effects that are intended, it has been reported. Continue >>
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