BUSINESS FEED

Insider overview: Orchids Paper Co.

By THOMSON FINANCIAL REPORTS on Jul 15, 2013, at 2:23 AM  Updated on 7/15/13 at 3:14 AM



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Robert A. Snyder, CEO, on July 9 exercised an option to purchase 43,421 shares at $6.81 a share for a total market value of $295,697.

Orchids Paper Products will release 2013 second-quarter financial results on July 24. In the first quarter, the Pryor-based company reported a net income of $3.1 million, or 39 cents per diluted share, up from $2.5 million, or 32 cents, in the same period last year.

Honeywell International Inc.: Katherine L. Adams, general counsel, on July 5 sold 153 direct shares at $79.19 a share for a total market value of $12,116.

A recent Bloomberg report noted that Honeywell's aerospace business will complete a study by the end of July to plan an expansion in the $45 billion market for aircraft mechanical parts.

A company official also noted that after completing the study, Honeywell may seek acquisitions and will likely look at products and components where its technology can set it apart from competitors, according to the report.

In the second quarter, Honeywell's stock price rose 5.8 percent, following a 19.4 percent increase in the first quarter.

BancFirst Corp.: Marion McMillan, officer, on July 3 sold 5,000 direct shares at between $47.91 and $48.49 a share for a total market value of $241,415. On that same day, McMillan exercised an option to purchase 5,000 shares at $18.81 a share for a total market value of $94,065.

In May, BancFirst became the first Oklahoma public company to ask its shareholders to vote on putting its entire board of directors up for re-election each year after Gov. Mary Fallin signed a bill on corporate governance reforms earlier this year, according to a report from The Oklahoman.

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