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Weekly CEO Buys Highlight: First Midwest Bancorp Inc., Rite Aid Corp., FCStone Group Inc., Dycom Industries Inc., Charming Shoppes Inc

Weekly highlight of top CEO buys. Related Companies: First Midwest Bancorp Inc. (FMBI), Rite Aid Corp. (RAD), FCStone Group Inc. (FCSX), Dycom Industries Inc. (DY), Charming Shoppes Inc. (CHRS).

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Anchor BanCorp reduces dividend

Anchor BanCorp Wisconsin Inc. said Tuesday that it is cutting its quarterly dividend by 44 percent because of the downturn in the economy. (ABCW)

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Sovereign Bancorp profit falls 14 pct, tops views

NEW YORK (Reuters) - Sovereign Bancorp Inc , the second-largest U.S. savings and loan, on Wednesday posted a smaller-than-expected decline in quarterly profit, as an improved lending margin offset the impact of rising credit losses.

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Northwest Bancorp Q2 profit rises 17 percent

Regional bank Northwest Bancorp Inc. said Monday its second-quarter earnings rose 17 percent as its income from fees and services grew. Net income increased to $14.4 million, or 30 cents a share, from $12.3 million, or 25 cents a share, in the April-June quarter last year. Analysts polled by Thomson Financial, on average, had forecast earnings for [...]

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Northwest Bancorp reports quartely net increase over 17 percent

Northwest Bancorp Inc., the Warren-based parent of Northwest Savings Bank, said quarterly net income increased more than 17 percent to $14.4 million, or 30 cents a share.

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S&T Bancorp records second-quarter income of $13.9 million

S&T Bancorp Inc. of Indiana, parent company of S&T Bank, said Monday it recorded a second-quarter net income of $13.9 million, or 54 cents a diluted share, compared with $13.9 million in net income and 56 cents per diluted share in the second quarter of 2007.

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Peoples Bancorp 2Q earnings down 15%

Peoples Bancorp of North Carolina Inc. reports a 15 percent drop in second-quarter net income to $2.2 million, or 39 cents per diluted share, from $2.6 million, or 44 cents per diluted share, a year ago. (PEBK)

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Republic Bancorp posts 8 percent profit gain

Republic Bancorp Inc. posted net income of $6.4 million, or 31 cents a share, for the second quarter of 2008, compared to net income of $6 million, or 28 cents a share, for the same quarter a year earlier. (RBCAA)

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U.S. Regulators Seize Two More Banks

U.S. regulators took over two banks on Friday and sold them to Mutual of Omaha Bank, the sixth and seventh bank failures this year as financial institutions struggle with a housing bust and credit crunch. Two weeks after the Federal Deposit Insurance Corp. seized IndyMac Bancorp Inc., the Office of the Comptroller of the Currency said it closed First National Bank of Nevada and First...

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Grand jury investigating lenders, AP source says

LOS ANGELES | A federal grand jury is investigating mortgage lenders Countrywide Financial Corp., New Century Financial Corp. and IndyMac Bancorp Inc., a person familiar with the situation told The Associated Press on Thursday.

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Failure Of Mortgage Lenders Scrutinized

A federal grand jury is investigating mortgage lenders Countrywide Financial Corp., New Century Financial Corp. and IndyMac Bancorp Inc., a person familiar with the situation told The Associated Press on Thursday.

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Grand jury looking at subprime lenders / Subpoenas reportedly issued for documents from 3 Southern California institutions

A federal grand jury is investigating mortgage lenders Countrywide Financial Corp., New Century Financial Corp. and IndyMac Bancorp Inc., a person familiar with the situation said Thursday. Subpoenas seeking documents have been issued to all three companies,...

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BeaconEquity.com Issues Technical Trade Alerts on CABN, COGO, CRBC, PEIX, PNCL, MBRK

Today's Trade Alerts include: Carbon Sciences Inc. (OTCBB: CABN), Cogo Group Inc. (Nasdaq: COGO), Citizens Republic Bancorp Inc. (Nasdaq: CRBC), Pacific Ethanol Inc. (Nasdaq: PEIX), Pinnacle Airlines Corp. (Nasdaq: PNCL) and MiddleBrook Pharmaceuticals Inc. (Nasdaq: MBRK).

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Grand jury issues subpoenas to three mortgage-lending companies

LOS ANGELES - A federal grand jury is investigating mortgage lenders Countrywide Financial Corp., New Century Financial Corp. and IndyMac Bancorp Inc., a person familiar with the situation told The Associated Press on Thursday.

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Grand jury investigating home lenders for fraud

LOS ANGELES | A federal grand jury is investigating mortgage lenders Countrywide Financial Corp., New Century Financial Corp. and IndyMac Bancorp Inc., a person familiar with the situation told the Associated Press on Thursday.