A $75 million stock repurchase by National Penn Bancshares Inc., which was reported Feb. 9 to the U.S. Securities and Exchange Commission, led the way for largest stock trades in the last week among executives and large shareholders at regionally based public companies.
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Finance
One merger closed, another one approved
The Pennsylvania Department of Banking and Securities has approved Riverview Bank's recent acquisition of a western Pennsylvania bank and said Belco Community Credit Union's most recent merger is now effective.
Read More »Who was the mysterious Bank B?
Within the timeline for the merger between S&T and Integrity banks is something I missed the first time I went through it.
Read More »Newsmakers: Banking and Finance
Business featured this week: ACNB Bank
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ParenteBeard Wealth Management keeps name, stays in local business
While the accounting firm ParenteBeard disappeared when it was merged into Chicago-based Baker Tilly in 2014, one local entity carrying the ParenteBeard name remained, and now will remain in the midstate for the foreseeable future.
Read More »It’s never too early for decision-makers to set a financial plan into motion
A 2012 Household Financial Planning Survey conducted by the Certified Financial Planner Board of Standards found that only 31 percent of financial decision- makers in families claim to have completed a comprehensive financial plan, either on their own or with professional help. A comprehensive financial plan should cover education, emergencies, financial goals, planning for retirement, savings and investments.
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BB&T confirms it will use Susquehanna’s headquarters
BB&T Corp. has decided it will keep Susquehanna Bancshares Inc.'s Lititz headquarters operational when the two sides complete its merger.
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The cost of a bank merger
The amount of money tossed around in mergers and acquisitions is huge — but so are the costs surrounding them.
Read More »January home sales: Cumberland, Dauphin counties post strong numbers
Harrisburg-area Realtors had a strong first month of the year, at least in Cumberland and Dauphin counties.
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Orrstown: We’ve been released from state enforcement actions
Orrstown Financial Services Inc. on Monday said it has been released from a memorandum of understanding with the state Department of Banking and Securities, an informal regulatory action implemented in April that replaced a consent order.
Read More »Three midstate RadioShack stores to be among closures
Three local RadioShack locations will close by March 31 as a result of the struggling electronics company's bankruptcy filing last Thursday.
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Surgery to sideline Nalbandian temporarily at Metro
Metro Bancorp Inc. Chairman, President and CEO Gary Nalbandian has announced he will take a leave of absence from the company to undergo coronary bypass surgery.
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Normal? No. Usual? Yes.
My eyes kept popping.
Read More »M&T to consolidate retail operations from downtown Hanover
The M&T Bank branch in downtown Hanover will close its retail operations April 24 and consolidate them with its Dart Drive location.
Read More »Newsmakers: Banking and Finance
Businesses featured this week: F.N.B. Corp., Northwest Savings Bank, Roof Advisory Group
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