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Stock Market & Financial Investment News

News Breaks
July 17, 2014
08:32 EDTLNBBLNB Bancorp announces CFO Elek to retire, names successor
Gary Elek, executive vice president and CFO, informed LNB Bancorp of his decision to retire from his employment with the company in early 2015. In connection with his retirement, Elek will step down from his position as CFO of the company effective as of July 28, after which Elek will remain employed with the company and transition the balance of his responsibilities over his remaining time until his planned retirement early next year. Effective July 28, the company will appoint James Nicholson as senior vice president and CFO of the company. Prior to joining the company, Nicholson most recently served, from October 2013 to July as a Senior Financial Advisor for F.N.B.
News For LNBB From The Last 14 Days
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November 18, 2014
17:42 EDTLNBBLNB Bancorp exploring sale with assistance of Sandler, Bloomberg says
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16:50 EDTLNBBLNB Bancorp increases dividend 2c to 3c
The Board of Directors of LNB Bancorp has declared a Q4 cash dividend of 3c a share, payable on January 2, 2015 to shareholders of record on December 1. The dividend of 3c per share represents an increase of 2c per share over the dividend paid in the previous quarter.
15:25 EDTLNBBLNB Bancorp jumps 6% following report of sale exploration
15:25 EDTLNBBLNB Bancorp working with Sandler O'Neill to explore sale, Bloomberg reports
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