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InterWest Bank changes fiscal year |
As part of its move to convert its various operating units under one commercial bank umbrella, InterWest Bank’s board recently approved changing its fiscal year to end in December, rather than September.
“This change will align InterWest’s reporting with those of our commercial bank peers,” explained president and CEO Patrick M. Fahey. |
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American Marine Bank pays dividend |
| The board of AMB Financial Services Corp., the parent of Bainbridge Island’s American Marine Bank, declared a 60¢ quarterly dividend for shareholders of record as of June 30. Shareholders were paid the dividend on July 15. |
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Things looking up at Focal Communications |
| Focal Communications (FCOM) is a rapidly growing CLEC... (Full Article) |
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Who really can ship the cheapest? |
| Two scrappy start-ups built initially to sell postage over the Internet are now racing... (Full Article) |
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MedImmune to be added to S&P 500 |
| S&P MidCap 400 component MedImmune (MEDI) will replace Central & South West Corp.... (Full Article) |
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Judge rules L&I rate chart illegal |
| “An agency out of control” is how many people have come to refer to... (Full Article) |
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Investing in Internet stocks: Buyer beware
By Tony Stonger |
| The internet is here to stay, and according to many thinkers... (Full Article) |
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Young & Rubicam’s Retail Bites
Smart Selling |
| Apparel retailers have begun marketing directly to kids and pre-teens... (Full Article) |
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Celltrader.com now offers wireless trading |
| Now, consumers who sign up for wireless ISP service with Celltrader.com can open an online... (Full Article) |
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Preventing illegal workplace harassment
Firm offers Web-based corporate training |
| Phoenix, Ariz.-based Corpedia Corp. has announced the release of a Web-based, Internet-tracked training course... (Full Article) |
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Edward Jones pair expand their horizons |
| Todd Tidball and Glenn Anderson of the Poulsbo and office of Edward Jones recently had the opportunity... (Full Article) |
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Washington CEO Magazine honors
Paladin Data Systems — again
Third year in a row Poulsbo firm makes 10 Best Places To Work list |
| Poulsbo-based Paladin Data Systems Corporation has repeated its standing... (Full Article) |
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Art Anderson wins Louisana pilot boat design contract |
| Bremerton’s Art Anderson Associates has been awarded a contract... (Full Article) |
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Peninsula Business Journal goes online, out of print |
| The Olympic Peninsula Business Journal, which reports business news in Clallam and Jefferson counties... (Full Article) |
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Smalley named Senior VP at Salomon |
Jim Smalley has been named as a senior vice president of the Silverdale branch of the investment banking firm of Salomon Smith Barney.
Smalley can be reached at (360) 613-0102. |
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Don’t let volatility keep you out of the market
By Ron Rada |
| If you invest in stock, you know the market has been taking investors for a bumpy ride... (Full Article) |
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Barton moves to Solomon Smith Barney |
| Stockbroker Ron Barton has joined the staff at the Silverdale... (Full Article) |
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Hadley joins American Marine Bank |
| Rex Townsend, President and CEO of American Marine Bank on Bainbridge Island recently announced... (Full Article) |
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Record earnings for Kitsap Bank |
| Olympic Bancorp, the holding company for Kitsap Bank, recently announced... (Full Article) |
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InterWest Bank declares dividend |
| InterWest Bancorp. recently announced a dividend of 14 cents per share will be paid on July 10 to stockholder of record on June 14. |
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CMGI takes the ax to AltaVista |
CMGI, which recently ranked among the highest of the new economy high-flyers, is cutting jobs amid investor demands that Internet companies show a clearer path to near-term profits.
Search engine AltaVista — in which CMGI owns the majority of stock, postponed its initial public offering in April. This week, it cut 60 positions from a staff of about 800. Last month, CMGI eliminated 45 jobs as a result of its merger of CMGI Solutions and Tallan. |
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E-Trade, Wit Capital cut a deal |
| E-Trade Group said it will buy online investment bank Wit Capital Group’s retail brokerage unit and make Wit its exclusive provider of new share issues. Wit, for its part, will buy E-Trade’s Internet investment banking unit, E-Offering, for 32 million shares. E-Trade will buy the retail brokerage arm of Wit Capital’s Wit SoundView division, which has about 100,000 accounts, and also buy two million Wit shares, worth $20.5 million. This will give E-Trade’s 2.6 million customers access to research and the opportunity to buy new stock issues. Wit will become E-Trade’s source for new and follow-on stock offerings |
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Web Street ‘Clears’ the way for global expansion |
| Web Street, Inc., an online brokerage firm, announced final approval from the NASD and the IRS to move its brokerage operations to a self-clearing environment. Web Street’s self-clearing operations, which will allow the company to provide expanded trade execution and financial services to its customers, will commence on July 3. |
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Money.net markets customizable stock ticker |
| Money.net has introduced a newly designed, fully floatable and functioning customizable stock ticker that displays selected stocks by name, symbol, current price, movement up or down, and volume, as well as current news headlines. Money.net is the only information service to provide real-time tracking for freeonline without a proprietary investor relationship. |
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