Eagle & Beagle for Jan. 26

Eagle & Beagle for Jan. 26
by Don Mecoy Modified: January 24, 2014 at 10:44 pm •  Published: January 26, 2014
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Stocks

Eagle

For a week that closed with a thud on Wall Street, prices remained pretty solid among Oklahoma-based issues.

The Dow posted consecutive triple-digit losses to close the week. The blue-chip index slipped 3.5 percent for the week; The S&P 500 fell 2.6 percent.

The best-performing state stock was Southwest Bancorp, which added 7.7 percent to close at $18.01.

OKSB shares surged Wednesday to a new 52-week high after the Stillwater-based banking firm announced it was reinstating quarterly dividend payments of 4 cents per share. That announcement reflects the remarkable turnaround of the parent of Bank SNB (formerly known locally at Stillwater National Bank).

The improvement also was evident in OKSB's earnings, which grew nearly 80 percent year-over-year in the most recent quarter.

Southwest Bancorp's recent run-up is a solid example of why you buy and hold.

Beagle

I got great service lately at a local restaurant — cheerful, attentive without hovering, and anticipating my every need. For that, I paid about 7 bucks.


by Don Mecoy
Business Editor
Business Editor Don Mecoy has covered business news for more than a decade after earlier working on The Oklahoman's city, state and metro news desks, including a stint as city editor. He has won state and regional journalism awards for business,...
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