Small Office

Jul 1, 2010 — Wilshire Bancorp (WIBC) expects to record a net loss for the second quarter of 2010. The net loss is primarily attributable to an elevated provision for loan losses and an increase in net loan charge-offs. Net loan charge-offs increased in the second quarter of 2010 due to write-downs that resulted from [...]

Blockbuster Inc. (NYSE:BBI) said that it expects its shares to be delisted from the New York Stock Exchange after the company did not receive enough shareholder votes for a reverse stock split. The company said that because of a poor voter turnout, the reverse stock split that was proposed and conversion of Class B shares [...]