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Anchor Gets Notification from NASDAQ
Posted on December 10th, 2009 No commentsWith the stock of Anchor BanCorp Wisconsin Inc. trading for less than $1 since Oct. 21, the Madison-based bank holding company faces possible future delisting by the Nasdaq Stock Market, the Business Journal of Milwaukee reported.
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Bank Mutual to Repurchase 1M Shares
Posted on November 4th, 2009 No commentsBank Mutual Corp. of Brown Deer, Wis., said that its board has approved the repurchase of 1 million more shares of the company’s common stock, or about 2.2 percent of the bank’s outstanding shares, according to the Business Journal of Milwaukee.
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Capitol Bank Announces Stock Split
Posted on October 29th, 2009 No commentsMadison-based Capitol Bank is issuing a three-for-one stock split for its shareholders, effective Nov. 1. It is the first stock split since the independent, privately owned bank was established in 1995. Read more in the Wisconsin State Journal.
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M&I Raises $863M in Stock Offering
Posted on October 27th, 2009 No commentsMarshall & Ilsley Corp. closed its public offering of 156.4 million shares of common stock after generating proceeds of about $863 million, the Business Journal of Milwaukee reported.
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Stocks Show Modest Improvement
Posted on August 7th, 2009 No commentsM&I Corp. was among the Wisconsin companies that posted stock gains after a government report showed the rise in unemployment last month was not as bad as feared. M&I’s stock went up 6.6 percent for the day, the Milwaukee Journal Sentinel reported.
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Bank Stocks Face Hurdles to Recovery
Posted on July 12th, 2009 No commentsBank stocks “aren’t very attractive at the moment,” investment professionals say. The national KBW Bank Index of big banks is down about 20 percent so far this year, while the KBW Regional Bank Index is off about 39 percent. That compares with a loss of about 1 percent for the S&P 500 index, the Milwaukee Journal Sentinel reported.