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Mercer Insurance Group, Inc.: Mercer Insurance Group, Inc. Announces Increased Dividend and Authorization to Repurchase Up to 5% of Outstanding Common Stock PENNINGTON, NJ (MARKET WIRE) Mercer Insurance Group, Inc. (NASDAQ: MIGP) today announced that its board of directors has increased the quarterly dividend from $0.05 per common share to $0.075 per common share, and also authorized the Company to repurchase up to 5% of its outstanding common stock. A dividend of $0.075 per share of common stock will be paid on June 27, 2008 to shareholders of record on June 11, 2008. Marketwire.comFirst Financial Corporation: First Financial Releases 1st Quarter 2008 Results TERRE HAUTE, IN (MARKET WIRE) First Financial Corporation (NASDAQ: THFF) today announced net income for the three months ended March 31, 2008 of $6.95 million. This is an 8.2% improvement over the $6.42 million reported for the same period of 2007. Earnings per share increased 10.4% to $0.53, an increase of $0.05 per average share outstanding. Return on assets and return on equity for 2008 were 1.23% and 9.62% as compared to 1.18% and 9.36% for 2007. The Corporation increased net interest income for the first quarter of 2008 by $499 thousand or 2.7% over the same period of 2007. This was accomplished during a period in Marketwire.comMutual Group completes merger of Alfa Alfa Mutual Insurance Company and Alfa Mutual Fire Insurance Company have acquired all of the outstanding common shares of Alfa Corporation for $22 per share in cash. Insurance-business-review.com |
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