Bank Leumi increases stake in Packer Plada. (Bank Leumi le-Israel)

Every month, I read in a banking publication or receive information that another friendly community bank has sold. What would make a profitable bank that has been growing and has more than adequate capital sell? The answer is simple: The shareholders want out, they want liquidity and they must sell ......

Every month I read in the American Banker, or receive information from Sheshunoff or SNL Securities, that another friendly community bank has sold. What would induce a profitable bank that has been growing and has more-than-adequate capital to sell? The answer is simple: The shareholders want out; they want liquidity; ......

Whitney Holding Corp., parent company of Whitney Bank, declared today a quarterly cash dividend of 29 cents per share payable April 2 to shareholders of record as of March 15.

How long can Entergy New Orleans keep the lights on?

As banks, S&Ls and insurance companies nationwide struggled, Indiana's financial institutions were keeping shareholders happy. What recession? That's the question that observers of Indiana's financial institutions probably are asking in the wake of impressive 1991 earnings that have carried over into the first quarter of 1992. As banks, savings and ......

Astoria Financial (NYSE: AF), the parent company of Astoria Federal Savings Bank, fell 1.7 percent, or 41 cents to $23.66 in heavy mid-day trading after Lehman Brothers downgraded it from "Overweight" to "Equal-weight." Lehman Brothers cited concerns over additional prepayments on loans that would hurt the bank's profit margins. The ......

The domain of chief financial officers, long confined to budgets and balance sheets, today extends far into the inner workings of corporations. Most CFOs have long ago shed their "chief bean counter" image and appear regularly at key meetings on strategy, acquisitions, operations and technology. As Ishaat Hussain, CFO of ......

Dollars and Sense: An interview with Jim Schell of Opportunity Knocks, a consulting company based in Bend, Oregon; Nani Waddoups ......

Our 53-page Guide to documenting corporate actions and corporate minutes is available for immediate download. It includes a variety of ......

Before I bid out a party I try to document every possible cost that might be incurred and put it down on paper. Some parties I can make a pretty penny on, but more often than not I am happy with a 15 to 20 percent net profit after all ......

· Long story short before I bid out a party I try to document every possible cost that might be incurred and put it down on paper. Some parties I can make a pretty penny on, but more often than not I am happy with a 15 to 20 percent ......

" You´re kidding ," I can almost hear you say. " People get excited about a tiny fraction of better response? " Well, yes. Yes, they do. You see, that tiny fraction amounts to a 23.3% improvement in top line sales. It has an even bigger impact on the bottom ......

A cash flow problem is a drag on the performance of a construction firm. Just as a foot of water in the bottom of a ship would cause it to ride lower, move slower and be a foot closer to sinking, it is problematic. Cash flow is a primary economic ......