Good advice: Pete Bush, a certified financial planner for Horizon Wealth Management in Baton Rouge, is giving his advice in the Wall Street Journal. Bush was one of several planners selected to give “retirement makeovers” to Journal readers. In Bush’s case, he was dealing with a Texas fraud investigator who is nearing retirement and wanted to boost his financial performance in the home stretch. Read Bush’s advice here. (Registration required)
Could use money for acquisitions: MidSouth Bank has closed its previously announced underwritten public offering of 2.7 million shares of its common stock at a price of $12.75 per share. The Lafayette-based community bank received about $32.4 million from the offering. MidSouth says it plans to use proceeds from the offering for general corporate purposes, which may include potential acquisition opportunities.
