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Hudson City Bancorp, Inc. Message Board

gitchigome 173 posts  |  Last Activity: Sep 12, 2014 11:24 PM Member since: May 1, 2006
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  • Reply to

    What's going on with this company?

    by claudiopaderni Sep 10, 2014 12:11 PM
    gitchigome gitchigome Sep 12, 2014 11:24 PM Flag

    I don't have a clue either. Here is a company with no debt, a lot of cash and some wonderful numbers regarding their oil reserves and the stock just hangs there going nowhere. It beats the beejeebees out of me. I like GTE but it does try your patience.

  • gitchigome by gitchigome Sep 12, 2014 11:17 PM Flag

    What if any effect will the death of Mr. Hermance have on the merger? It has been reported none but I wonder how much he was involved in the details of not only the merger but their new plans going forward, any opinions?

  • Reply to

    I just cannot believe it...

    by ggray1956 Sep 3, 2014 8:39 AM
    gitchigome gitchigome Sep 5, 2014 1:25 PM Flag

    I'm with you, have never been able to figure it out. GTE appears to have everything going for it but Wall Street.

  • gitchigome by gitchigome Aug 3, 2014 2:19 PM Flag

    Did anyone have trouble acessing the conference call? Didn't have trouble with other conference calls and have gotten other BTUI calls but couldn't get this one.

  • gitchigome by gitchigome Jun 18, 2014 3:15 PM Flag

    Any opinions on the impact this latest miscue by MTB will have on the merger? At this point I wonder if this merger will ever happen and if so what that will mean to HCBK stockholders after this length of time. The delay is a result of MTB's problems so if HCBK wanted out of the agreement I would think you could make a case that they would not be responsible for the termination fee and MTB should pay it. But, of course, legally this may not be feasible, I'm not a lawyer so what do I know.
    HCBK has some new plans for the bank and with the economy getting a little, and I mean little, better , interest rates perhaps on the rise next year going alone might not be such a bad idea. What do you think?

  • gitchigome by gitchigome Jun 2, 2014 12:35 PM Flag

    Any opinions on GTE selling the Argentines assets? Could this mean that they will consecrate more on Peru?

  • gitchigome by gitchigome May 14, 2014 1:17 PM Flag

    What impact, if anything, does anyone think Mr. Wenner retiring in December will have on the company now or in the next 1-2 yrs ?

  • Reply to


    by onesteptt Feb 18, 2014 2:30 PM
    gitchigome gitchigome Feb 27, 2014 12:30 PM Flag

    dividend of .04 went ex dividend 2/10 will be paid 3/3/14

  • gitchigome by gitchigome Dec 19, 2013 4:39 PM Flag

    Did anyone attend the stockholders meeting yesterday? Unfortunately I had other appointments and could not attend. If anyone went would appreciate a look into what if anything went on or what was said. Also what about this go alone plan that Hermance said is going to be implemented his Plan B. It has been reported that they will hire additional personnel and expand into other operations. I wonder if this is all talk and no action like when he said they were going to expand into Florida, never happened. Originally thought that he was a good CEO but the last few years WOW Nothing. Then this deal comes out of the blue right after he came back from medical leave, how long were they in merger talks and who was doing the talking for HCBK.

  • gitchigome by gitchigome May 25, 2013 2:10 PM Flag

    Anyone read the article in the WSJ yesterday about bank mergers? Tried to buy the paper and none of our local stores had copies ( had bad storms here and some flooding so maybe deliveries were not possible don"t know). Was interested in what was stated in the article regarding the mergers and if anything in particular was related to HCBK. If anyone has any info would appreciate it being posted, thanks.

  • Well here we go again , stockholders take the hit. They missed by 1or 2 cents and then they reduced the dividend. Let's see if Mr. Hermance and the other executives reduce their salary and parachute pkge by 50%, I wouldn't hold my breath for that one. They took risks with the balance sheet and didn't do anything until they were forced to restructure. Stock will no doubt go down tomorrow unless The Street thinks that this was a great move and that the miss was not that bad. Any other opinions.

  • Reply to

    stockholders meeting

    by gitchigome Apr 18, 2013 4:10 PM
    gitchigome gitchigome Apr 24, 2013 3:45 PM Flag

    HCBK declares the dividend when they put put out their earnings which should be after the market 4/30

  • gitchigome by gitchigome Apr 18, 2013 4:10 PM Flag

    Did anyone attend the stockholders meeting today? The merger vote passed I assume but I was wondering if anyone voiced their opposition against the merger and especially the compensation packages for Hermance and the other executives. Wish we could have attended but not possible.

  • gitchigome by gitchigome Apr 15, 2013 1:28 PM Flag

    Did anyone listen to the conference call that MTB had today? We did and they seem to be OK there were alot of questions regarding HCBK & the merger.They reiterated that both parties were anxious to continue the merger & seemed to indicate that it would go thru. The problems seem to be with MTB's procedures re: money laundering etc. and since they don't have international transactions etc they just have to get their act together. Seems like there are more and more regulations these banks have to comply with and it is a pain in the neck. The procedures they have shown the regulators don't appear to meet the rules I guess. Anyone attending the stockholders meeting? We voted no on the merger and feel that HCBK could do much better.

  • Reply to

    The offer from M&T is TOOoooo low

    by ionnie3482 Mar 16, 2013 9:10 AM
    gitchigome gitchigome Mar 17, 2013 3:46 PM Flag

    We are also voting against the entire ballot. The only ones making out are the executives, am disappointed in Mr. Hermance. When we bought into HCBK we felt he was good for the bank but lately it seems as if he is out or himself and not the stockholders, are we wrong in this impression?Received a call asking us if we were voting and had any questions told her we had not read the entire pkge yet but was not satisfied with the golden parachute or the M&T offer,but we would be voting.

  • gitchigome by gitchigome Apr 19, 2011 12:12 PM Flag

    Am recovering from open heart surgery so will not be able to attend the stockholders meeting, therefore, would appreciate a synopsis from anyone who does attend. Thanks in advance

  • gitchigome by gitchigome Jan 21, 2011 6:00 PM Flag

    What does anyone make of this release by a real estate company? This was posted several days ago. When I read this PR I thought HCBK was positioning themselves for expansion in the near future , anyone have an opinion. Am going to send an e mail to HCBK regarding their latest qtr. report and will also ask them about this lease and see if they say anything.

    Hudson City Savings Bank, the largest savings bank headquartered in New Jersey, recently signed a long-term deal for about 27,175 square feet in the office building located at 45 Eisenhower Drive in Paramus, NJ.

    The five-story building in the Eisenhower Plaza totals more than 213,000 square feet. Bergman Real Estate purchased the building in 2005, according to CoStar information.

    John Osborne and Kelly Ziegenfuss provided in-house representation of the landlord. Mark Siegler and Marc Hirschinger of Cassidy Turley represented the tenant.

    Am long term HCBK owned since 1st IPO & addes more with 2nd tier

  • gitchigome by gitchigome Sep 14, 2010 5:02 PM Flag

    Did anyone listen to HCBK's presentation yesterday? Nothing much new except that I got the impression that Mr. Hermance did not much want to talk about an increase in dividends and wondered if anyone else got the same impression. Just a thought.

  • gitchigome by gitchigome Jul 7, 2010 1:53 PM Flag

    HCBK Ad in Star Ledger today states 134 branch offices so they added another in the past few weeks.

  • gitchigome by gitchigome Jun 3, 2010 1:32 PM Flag

    HCBK's advertisement in the Star Ledger stated tht they had 133 branches which means that they opened another branch, this is the second new branch in several weeks. Guess they are on track for opening 6/7 for the year.

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