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MOST NOTEWORTHY: First Bancorp. and Volcom were today's noteworthy initiations:
- B. Riley initiated First Bancorp. (NYSE: FBP) with a Buy rating, citing the company's balance sheet growth, reduced expenses and strong capital base.
- Volcom Inc. (NASDAQ: VLCM) was also initiated with a Buy rating by B. Riley, as the firm believes the company can grow its business through further penetration into domestic markets, brand extension into new categories and increased demand for its brands.
OTHER INITIATIONS:
Before the bell: Stocks ready to climb on hopes of continued low rates
Why do we have a weak dollar?
Holiday hiring slow for retailers
