It also says its CFO resigned, effective immediately. It is looking for a new CFO.
Qiao Xing Universal (XING) eases after it says it expects to file its 2010 financial results in May.
Sokol is the largest shareholder in MBRG with about a 20% stake, the story said.
Earlier, MBRG hit a 52-week high of $19. It was last at $16.43.
Middleburg Financial (MBRG) is up as investors digested that its biggest shareholder David Sokol is interested in starting his own investment company modeled on his longtime and soon-to-be former employer Berkshire Hathaway (BRK.A
Johnson & Johnson has a potential upside of 5.3% based on a current price of $60.70 and an average consensus analyst price target of $63.90.
Johnson & Johnson (NYSE:JNJ) announced that the company's orthopedics unit president, David Floyd, resigned and will leave the company at the end of the month, according to a Bloomberg report.
The bank is currently trading 1.6% lower at $6.61.
Wilshire Bancorp has a potential upside of 9.9% based on a current price of $6.6 and an average consensus analyst price target of $7.26.
Wilshire Bancorp Inc, (NASDAQ:WIBC) which specializes in lending to minority-owned businesses, named Jae Whan Yoo president and chief executive officer. He succeeds Joanne Kim who resigned.
Several news agencies stated that Mubarak would be stepping down which led to some relative calm in Tahrir Square but the protest level was reinvigorated once word of Mubarak's defiance spread.
Despite several reports this afternoon that Egyptian President Hosni Mubarak would step down this evening, in an address on national television President Mubarak said that while he would delegate certain powers to his Vice Preside
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