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Investors Bancorp Inc. (NASDAQ:ISBC) – US Market Buzz http://www.usmarketbuzz.com Nation and Economy Mon, 20 Jul 2020 16:28:22 +0000 en-US hourly 1 https://wordpress.org/?v=4.9.23 Most Active Buzz: Investors Bancorp Inc. (NASDAQ:ISBC), Arris Group, Inc. (NASDAQ:ARRS), Live Nation Entertainment, Inc. (NYSE:LYV) http://www.usmarketbuzz.com/most-active-buzz-investors-bancorp-inc-nasdaqisbc-arris-group-inc-nasdaqarrs-live-nation-entertainment-inc-nyselyv-1661 Mon, 23 Jun 2014 13:04:51 +0000 http://www.usmarketbuzz.com/?p=1661 Investors Bancorp Inc. (NASDAQ:ISBC)’s shares increased 0.45% to $11.05. Investors Bancorp, Inc. (ISBC), an existing Delaware corporation, and New Investors Bancorp, Inc. (“New Investors Bancorp”), the proposed holding company for Investors Bank, on May 7 announced the completion of its conversion from the mutual holding company structure and related public offering.  Investors Bank is now 100% owned by New Investors Bancorp and New Investors Bancorp is 100% owned by public stockholders. New Investors Bancorp sold a total of 219,580,695 shares of common stock at a purchase price of $10.00 per share in the offering.  In connection with the completion of the conversion and stock offering, New Investors Bancorp changed its corporate name to Investors Bancorp, Inc.

There Is One Better Stock Than ISBC? Let’s Find Out Here

Arris Group, Inc. (NASDAQ:ARRS)’s shares jumped 0.24% to $33.50. The company on June 2 announced that on May 29, 2014, it completed an optional principal prepayment of its senior secured credit facilities in the amount of $150 million. As a result of the prepayment, the Company’s total outstanding indebtedness at face value as of May 31, 2014 was $1,589 million, comprised of $1,045 million under the Term Loan A and $544 million under the Term Loan B. Since acquiring the Motorola Home business from Google on April 17, 2013, ARRIS has successfully deleveraged its balance sheet through the redemption of convertible notes and through mandatory and optional payments of its senior secured credit facilities totaling $568 million.

Why Should Investors Switch Over To ARRS From BNBI? Grab A Free Report Here

Live Nation Entertainment, Inc. (NYSE:LYV)’s shares dropped 1.55% and closed at $23.57. Live Nation’s House of Blues Entertainment division (HOBE) and District N9NE on June 9 announced an exclusive, long-term booking agreement for District N9NE, a 600-1,400 capacity venue located in the Callowhill neighborhood of Philadelphia, PA.  The booking agreement is scheduled to kick off this month with TicketWeb as the exclusive ticket provider for the venue.

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