LNB posts 4Q profit
Automated Insights - Thu Jan 29, 10:58AM CST
LORAIN, Ohio (AP) _ LNB Bancorp Inc. (LNBB) on Thursday reported fourth-quarter net income of $1.5 million.
LNBB: 17.74 (-0.01)
LNB Bancorp misses by $0.08
Seeking Alpha - at Seeking Alpha - Thu Jan 29, 9:04AM CST
LNBB: 17.74 (-0.01)
LNB Bancorp, Inc. Reports Fourth Quarter and Full Year 2014 Results
Business Wire - Thu Jan 29, 8:15AM CST
--Fourth quarter 2014 net income available to common shareholders of $1.5 million. Excluding expenses related to the proposed merger of approximately $.6 million after tax, net income available to common shareholders was $2.1 million during the quarter, a 36% increase year-over-year
NWBI: 11.91 (+0.08), LNBB: 17.74 (-0.01)
Attractive Returns: Northwest To Merge With LNB Bancorp
Maudes Capital - at Seeking Alpha - Tue Jan 27, 3:27PM CST
NWBI: 11.91 (+0.08), LNBB: 17.74 (-0.01)
Merger Arbitrage Mondays - January 26, 2015
Asif Suria - Seeking Alpha - Mon Jan 26, 8:33AM CST
Merger activity decreased last week with one new merger announced and two deals closing. You can find all the active deals listed below in our Merger Arbitrage Tool that automatically updates itself during market hours. Deal Statistics: ...
GFIG: 6.03 (-0.03), TLM: 7.63 (-0.03), NWBI: 11.91 (+0.08), LO: 67.30 (-0.80), URZ: 1.18 (+0.01), BGCP: 9.34 (+0.19), UUUU: 4.93 (-0.02), T: 34.66 (+0.05), DLTR: 76.82 (+0.97), VSCI: 0.47 (unch), DTV: 87.51 (-0.32), UPI: 1.27 (unch), TWC: 149.74 (+2.21), BHI: 64.31 (+1.93), ESYS: 17.46 (+0.01), RAI: 71.86 (-1.23), LNN: 88.94 (-0.02), HAL: 44.19 (+1.42), EDS: 1.55 (+0.01), FDO: 77.86 (+0.31), CYN: 90.32 (+0.49), MRK: 58.81 (-0.07), RY: 62.26 (+0.23), LNBB: 17.74 (-0.01), IGT: 17.20 (-0.04), CMCSA: 59.47 (+1.09)
Merger Arbitrage Mondays - December 22, 2014
Asif Suria - at Seeking Alpha - Mon Dec 22, 4:40PM CST
Merger activity increased last week with seven new mergers announced and two deals closing. You can find all the active deals listed below in our Merger Arbitrage Tool that automatically updates itself during market hours. Deal Statistics: ...
PTRY: 36.72 (+0.05), GFIG: 6.03 (-0.03), PHG: 28.93 (-0.07), NWBI: 11.91 (+0.08), TLM: 7.63 (-0.03), OABC: 26.17 (+0.31), MFI: 10.43 (+0.23), BGCP: 9.34 (+0.19), RVBD: 20.85 (-0.03), PZG: 1.49 (+0.02), CPWR: 10.35 (+0.01), VOLC: 17.98 (+0.03), SBSI: 29.39 (-0.01), LNBB: 17.74 (-0.01), CDE: 7.27 (+0.07)
Citigroup (C) and Scotiabank (BNS) Ink Business Deal - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Mon Dec 22, 9:10AM CST
In furtherance of its strategy to reduce costs through streamlining and enhancing returns to serve its clients better, Wall Street giant - Citigroup Inc. (C) inked a deal with Canada-based The Bank of Nova Scotia (BNS) to sell its consumer and commercial banking operations in Peru.
C: 51.20 (+0.31), STI: 41.57 (+0.01), LNBB: 17.74 (-0.01), BNS: 53.90 (+0.63)
Harwood Feffer LLP Announces Investigation of LNB Bancorp Inc.
PR Newswire - Wed Dec 17, 6:40PM CST
Harwood Feffer LLP (www.hfesq.com) is investigating potential claims against the board of directors of LNB Bancorp Inc. ("LNB" or the "Company"
LNBB: 17.74 (-0.01)
LNB Bancorp (LNBB) Hits 52-Week High on Buyout News - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Wed Dec 17, 10:00AM CST
Shares of LNB Bancorp Inc. (LNBB) scaled a new 52-week high of $17.6 in the very first hour of its trading session on Dec 16. The stock closed at $17.33, reflecting a whopping year-to-date return of 72.9%.
NWBI: 11.91 (+0.08), EFSC: 20.24 (-0.07), LNBB: 17.74 (-0.01), BYLK: 12.38 (+0.03)
Nasdaq stocks posting largest volume increases
AP - Tue Dec 16, 5:41PM CST
NEW YORK (AP) — A look at the 10 biggest volume gainers on Nasdaq at the close of trading:
QCCO: 1.67 (+0.01), CYCC: 0.62 (-0.01), RVBD: 20.85 (-0.03), NECB: 6.96 (unch), ISIG: 3.19 (unch), HGSH: 3.05 (-0.13), LNBB: 17.74 (-0.01), AIRT: 19.45 (+0.39), KFFB: 8.02 (-0.13), SMBC: 18.95 (-0.05), IROQ: 16.70 (unch), MFI: 10.43 (+0.23)
Acquisition of LNB Bancorp Inc. (LNBB) by Northwest Bancshares Inc. (NWBI) May Not Be in Shareholders' Best Interests
PR Newswire - Tue Dec 16, 3:13PM CST
Shareholder rights attorneys at Robbins Arroyo LLP are investigating the proposed acquisition of LNB Bancorp Inc. (NASDAQ: LNBB) by Northwest Bancshares, Inc. (NASDAQ: NWBI). On December 15, 2014, the two companies announced the signing of a definitive merger agreement. Under the terms of the agreement, LNB Bancorp shareholders will receive $18.64 for each share of LNB Bancorp common stock.
NWBI: 11.91 (+0.08), LNBB: 17.74 (-0.01)
Northwest Bancshares, Inc. Enters Suburban Cleveland and Akron Markets through Merger with LNB Bancorp, Inc.
PR Newswire - Mon Dec 15, 5:00PM CST
Northwest Bancshares, Inc. (NASDAQ: NWBI) and LNB Bancorp, Inc. (NASDAQ: LNBB) jointly announced the signing of a definitive merger agreement pursuant to which Northwest Bancshares, Inc. will acquire LNB Bancorp, Inc., the Lorain, Ohio-based holding company and parent of Lorain National Bank, in a combination cash and stock transaction valued at approximately $18.64 per share, or $183.3 million in the aggregate, using the 20 day average closing stock price of Northwest Bancshares, Inc. as of Friday, December 12, 2014.
NWBI: 11.91 (+0.08), LNBB: 17.74 (-0.01)
Fifth Third Rises on Organic Growth; Should You Hold It? - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Wed Dec 10, 1:10PM CST
On Dec 3, 2014, we issued an updated research report on Fifth Third Bancorp (FITB). Shares of this major regional bank have recorded a one-year return of 4.7%.
FITB: 19.26 (+0.07), GABC: 28.99 (+0.22), HTLF: 29.81 (+0.12), LNBB: 17.74 (-0.01)
Citigroup (C) Q4 Results to Record $2.7B Legal Charges - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Wed Dec 10, 9:00AM CST
On Tuesday, following the ongoing regulatory inquiries and investigations, Citigroup Inc. (C) announced expected legal and related costs of about $2.7 billion to be recorded in the fourth-quarter 2014 results, thereby impacting profits of the bank.
GABC: 28.99 (+0.22), C: 51.20 (+0.31), HTLF: 29.81 (+0.12), LNBB: 17.74 (-0.01)
Will LNB Bancorp (LNBB) Continue to Surge Higher? - Tale of the Tape
Zacks Equity Research - Zacks Investment Research - Mon Dec 08, 7:47AM CST
Will LNB Bancorp (LNBB) Continue to Surge Higher?
LNBB: 17.74 (-0.01)
U.S. Bancorp (USB) to Recruit 4500 by 2015 - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Mon Nov 24, 5:17PM CST
Contradictory to global major banks' move of conducting layoffs to reduce costs, Minneapolis-based U.S. Bancorp (USB) with increasing market share, profit on upswing and controlled expenses, is strategizing to improve its employee strength by 4,500 from 65,500 as of 2013.
STT: 76.93 (-0.46), GABC: 28.99 (+0.22), USB: 45.07 (-0.05), LNBB: 17.74 (-0.01)
LNB Bancorp Hits 52-Week High on Strong Q3 Earnings - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Wed Nov 19, 9:40AM CST
Shares of LNB Bancorp Inc. (LNBB) crafted a new 52-week high, touching $17.03 on Nov 18.
GABC: 28.99 (+0.22), EFSC: 20.24 (-0.07), LNBB: 17.74 (-0.01), BYLK: 12.38 (+0.03)
LNB Bancorp declares $0.03 dividend
Seeking Alpha - at Seeking Alpha - Tue Nov 18, 3:51PM CST
LNBB: 17.74 (-0.01)