Morning Movers 9/18: BPFH, IOC, HEAT, LAVA, EROC Higher; FSP, ARNA, EDR, NMM Lower - Street Insider

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Morning Movers 9/18: BPFH, IOC, HEAT, LAVA, EROC Higher; FSP, ARNA, EDR, NMM Lower
Sep 18, 2009 02:10 PM UTC

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Via StreetInsider.com News Articles:

Boston Private Financial Holdings, Inc. (NASDAQ: BPFH) <font>26.7% HIGHER;</font> announced last night that it has completed the sale of Coral Gables, Florida-based Gibraltar Private Bank & Trust for $93 million to private investors. Separately, the company announced the sale of RINET Company, LLC, to the RINET management team. Based in Boston, RINET is a wealth advisory firm catering to very high-net-worth clients and their families. The transaction is not expected to have a material impact on BPFH earnings or its financial position. The stock was also upgraded at KBW.

Interoil Corp. (NYSE: IOC) <font>15.4% HIGHER;</font> Morgan Stanley initiates

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