Business Briefcase Feb 15, 2008
Old Second Bancorp completes acquisition. Old Second Bancorp Inc. on Feb. 8 completed the previously announced acquisition of HeritageBanc Inc. and its wholly owned banking subsidiary, Heritage Bank, a 350 million bank operating in the south Chicago suburbs ... We are incredibly excited about uniting these two great banking organizations and very pleased to welcome our new employees and customers to Old Second, said William B. Skoglund, chairman, president and chief executive officer of Old... (DeKalb Daily Chronicle, IL)
J.P. Morgan profit up but shares fall Oct 19, 2006
Jamie Dimon, the chief executive, "continues to do a good job managing J.P. Morgan, keeping costs down while growing the firm," said Mike Morcos, a senior portfolio manager at Old Second Bancorp in Aurora, Illinois. "We're happy with the numbers.". (International Herald Tribune -- Business)
Earnings at Merrill set record Oct 18, 2006
"They've invested in LBOs, they've increased their hedge-fund investment, they're getting involved in mortgage- backed securities," said Mike Morcos, a senior portfolio manager at Old Second Bancorp in Aurora, Illinois. "They're starting to reap the benefits." Revenue, excluding the gain, climbed 19 percent to $7. (International Herald Tribune -- Business Asia)
Mergent Welcomes New Members to its 2006 Dividend Achievers Indices Jan 27, 2006
Inc. MBTF MBT Financial Corp. GAS NICOR Inc. PEBO Peoples Bancorp, Inc. RF Regions Financial Corp. TDS Telephone and Data Systems, Inc. STA The St Paul Travelers Companies Inc. WASH Washington Trust Bancorp, Inc. INDEX ADDITIONS FOR 2006 (25 Companies) Ticker Official Name SRCE 1st Source Corp. AF Astoria Financial Corp. BMI Badger Meter, Inc. BPL Buckeye Partners, L.P. CNB Colonial BancGroup Inc. CBMD Columbia Bancorp CTBI Community Trust Bancorp, Inc. DCI Donaldson Co. Inc. ERIE Erie Indemnity... (PR Newswire)