AMCORE Financial, Inc. Reports Reduced 4th Quarter Loss; Non-accrual Loans Decline 22% Feb 1, 2010 05:43PM

ROCKFORD, Ill., Feb. 1, 2010 (GLOBE NEWSWIRE) -- AMCORE Financial, Inc. (Nasdaq: AMFI) today announced financial results for the fourth quarter and the year ended December 31, 2009. (Numbers in Thousands, Except Per Share Data) 4th 4th quarter quarter ...


AMCORE Financial (AMFI) Enters Into Amendment with Lender Regarding Technical Default Dec 18, 2009 02:08PM

AMCORE Financial, Inc. (NASDAQ: AMFI) today announced it has entered into an amendment with its lender, JP Morgan Chase Bank, N.A. with respect to the previously disclosed technical default under its $12.5 million credit facility.

The amendment modifies the covenant relating to capitalization at the parent and bank level so that the Company is currently in ...


Morning Movers 8/3: KERX, TSPT, TSEM, ICAD, AMFI Higher; HURN, RPRX, ADAT, SVNT Lower Aug 3, 2009 09:41AM

Huron Consulting (Nasdaq: HURN) 72.9% LOWER; late Friday announced a financial restatement and news that its CEO and CFO will be leaving the company. Following this news, we have analysts at Deutsche Bank, Baird, SunTrust and Oppenheimer out downgrading the stock.

Repros Therapeutics (Nasdaq: RPRX) 58.5% LOWER; announced that, in the interest of patient safety, it is voluntarily suspending dosing of all patients in its clinical trials of Proellex. This decision is based on available information regarding the occurrence of clinically significant increases in liver enzymes with 50 mg and 25 mg doses of Proellex, coupled with recent input from a consulting panel of liver experts. The Company submitted a meeting request to the Food and Drug Administration (FDA) on July 30, 2009 and in response, FDA has proposed to change the topic of the previously scheduled End of Phase II meeting for endometriosis in late September into a ...


AMCORE Financial (AMFI) Receives Waiver and Extension of Maturity from JP Morgan Chase Aug 3, 2009 09:25AM

AMCORE Financial, Inc. (Nasdaq: AMFI) today announced it received a waiver from its lender, JP Morgan Chase, with respect to the previously disclosed technical default under its credit facility.

AMCORE is current with ...


Unusual 11 Mid-Day Movers 1/22: IWOV, EAT, FAZ, STT Higher; BPOP, AMFI, AFL, CNH Lower Jan 22, 2009 12:11PM

Popular (Nasdaq: BPOP) 36.4% LOWER; reports Q4 loss of $2.28 versus consensus loss of $0.37.

AMCORE Financial, Inc. (Nasdaq: AMFI) 34% LOWER; reports Q4 loss of $1.42, versus the analyst estimate of ($0.38). Revenue for the quarter was $43.87 million, versus the consensus of $53.63 million. Suspending the quarterly dividend in November to preserve capital.

AFLAC Inc. (NYSE: AFL) 33.7% LOWER; shares are under pressure this morning following comments from Morgan Stanley, saying the company's investments in hybrid securities are a rapidly escalating concern.

CNH Global N.V. (NYSE: CNH) 30.4% LOWER ...