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Pulaski Financial Reports Improved Linked-Quarter Earnings Tuesday, July 19, 2011 @ 4:19PMST. LOUIS--(BUSINESS WIRE)--Pulaski Financial Corp. (Nasdaq Global Select: PULB) today reported net income for the quarter ended June 30, 2011 of $1.7 million, or $0.11 per diluted common share, compared with net income of $1.1 million, or $0.05 per diluted common share, for the quarter ended March 31, 2011 and net income of $3.2 million, or $0.25 per diluted common share, for the June 2010 ...
Dearborn Bancorp Reports Second Quarter Profit Tuesday, July 19, 2011 @ 4:14PMDEARBORN, Mich. -- Dearborn Bancorp, Inc. , the Holding Company for Fidelity Bank , today reported a net income of $183,000 or $0.02 per fully diluted common share for the three months ended June 30, 2011 compared to a net loss of $13,629,000 or $ per share for the three months ended June 30, 2010.
Fulton Financial Reports Second Quarter Earnings of $0.18 Per Share Tuesday, July 19, 2011 @ 3:30PMLANCASTER, Pa. -- Fulton Financial Corporation reported net income of $36.4 million, or 18 cents per diluted share, for the second quarter ended June 30, 2011, compared to $33.8 million, or 17 cents per diluted share, for the first quarter of 2011.
Today's Top Stories in the Financial World Tuesday, July 19, 2011 @ 2:45PMA Foolish glance.
Wells Fargo Beats by a Penny Tuesday, July 19, 2011 @ 12:25PMWells Fargo & Company's second quarter 2011 earnings of 70 cents per share were a penny ahead of the Zacks Consensus Estimate.
CalHFA’s Mental Health Services Act Housing Program Helps Keep Bay Area Families Off the Streets Tuesday, July 19, 2011 @ 11:19AMSACRAMENTO, Calif.--(BUSINESS WIRE)--The California Housing Finance Agency (CalHFA) has helped finance nearly 900 units under its Mental Health Services Act (MHSA) Housing Program in partnership with the California Department of Mental Health and counties’ mental health departments. The multifamily projects provide housing to low-income adults and their families with psychiatric disabilities who ...
Wells Fargo 2Q profit leaps 30 pct; defaults drop Tuesday, July 19, 2011 @ 10:51AMThe number of uncollected loans and credit card bills dropped sharply, enabling the bank to release a big chunk of money.
Wells Fargo 2Q profit leaps 30%; defaults drop Tuesday, July 19, 2011 @ 9:59AMNEW YORK - Wells Fargo & Co. on Tuesday said that its second-quarter profit rose 30 percent, as the number of uncollected loans and credit card bills dropped sharply, enabling the bank to release a big chunk of the money set aside to cover bad lending.
Wells Fargo 2Q profit leaps 30 percent; defaults drop Tuesday, July 19, 2011 @ 8:44AMWells Fargo & Co. on Tuesday said that its second-quarter profit rose 30 percent, as the number of uncollected loans and...
U of M-Area Apts. Sell for $1.6M in Foreclosure Monday, July 18, 2011 @ 4:16PMSycamore Bank has bought three apartment complexes near the University of Memphis at a substitute trustee’s sale, or foreclosure sale, for $1.6 ...
Fitch Ratings Raises Banco Compartamos Rating to AA(mex) and Affirms F1+(mex) Rating Monday, July 18, 2011 @ 3:56PMBanco Compartamos, S.A., Institución de Banca Múltiple ...
Zions Bancorporation Reports Earnings of $0.16 Per Diluted Common Share for Second Quarter 2011 Monday, July 18, 2011 @ 3:10PMZions Bancorporation today reported second quarter net earnings applicable to common shareholders of $29.0 million or $0.16 per diluted common share, compared to $14.8 million or $0.08 per diluted share for the first quarter of 2011.
Bank Stocks Taking A Beating Monday, July 18, 2011 @ 2:05PMInvestors in the financial sector have little to cheer about as some bank shares like Goldman Sach's
Greater Sacramento Bancorp Reports Second Quarter 2011 Net Income of $624,000 Monday, July 18, 2011 @ 1:15PMGREATER SACRAMENTO BANCORP -- For the Second Quarter ended June 30, 2011 Greater Sacramento Bancorp , parent company of Bank of Sacramento , reported Net Income of $624,000 . This represents a 9% increase over the $573,000 reported for the Second Quarter 2010 and a 44% increase over the First Quarter 2011 Net Income figure of $433,000.
No deal! O.C. rent heads higher Monday, July 18, 2011 @ 10:34AMThese are not happy days for local apartment renters.The race for months of free rent is now a search for vacant space. Orange County landlords regained pricing power after a rare period where dealmaking and discounted rents reigned supreme.If the twist of rental fate seems like a blur,...
No deal: O.C. rent heads higher Monday, July 18, 2011 @ 10:34AMThese are not happy days for local apartment renters.The race for months of free rent is now a search for vacant space. Orange County landlords regained pricing power after a rare period where dealmaking and discounted rents reigned supreme.If the twist of rental fate seems like a blur,...
Grant to aid new Pottstown businesses in the works Monday, July 18, 2011 @ 8:12AMPOTTSTOWN — From lemons, lemonade? It may be too soon to say, but a borough council at odds with its mayor and some county commissioners over requests for county revitalization funding may have endorsed last week a suggestion upon which everyone can agree.
PacWest Bancorp Announces Results for the Second Quarter of 2011 Monday, July 18, 2011 @ 8:00AM--Net Earnings of $12.8 Million-- --Net Interest Margin Increases to 5.57%-- --Credit Loss Reserve at 3.52% of Net Non-Covered Loans and 157% of Non-Covered Nonaccrual Loans-- --Noninterest-Bearing Deposits at 36% of Total Deposits and Core at 76%-- --Tangible Common Equity Increases 7.2% or $30.5 million--
Nigeria: Death Should Be Penalty for Developers of Collapsed Buildings - Ali Monday, July 18, 2011 @ 6:14AMAs Nigeria grapples with the challenge of infrastructural development, immediate past president of the Nigeria Society of Engineers (NSE), Engr. Kassim Ali, has said that the government needs to trust its own professionals to handle these challenges.
Grant to aid new business in works Monday, July 18, 2011 @ 5:42AMebrandt@pottsmerc.com
Electric vehicles' batteries are ripe for innovation Monday, July 18, 2011 @ 4:22AMElectric cars are a game-changing technology, but an expensive battery with limited range has companies searching for a way to make them travel as far as a gas-powered car.
Deora to look after Telecom, Pilot IT & Postal Dept Monday, July 18, 2011 @ 3:29AMLast week, the 34-year old Deora, a two-time Congress MP from South Mumbai, had taken charge as Minister of State for IT and Communications
Auto component makers on growth course in the first quarter Monday, July 18, 2011 @ 3:21AMWhile the automobile sales have slowed down due to various factors in the Indian automobile market, the top...
Slump hits seniors' housing Monday, July 18, 2011 @ 1:47AMSTAUNTON — The housing slump has had an unwelcome effect on yet another sector of the local economy — rental and condominium developments marketed to senior citizens.
Villages start energy-saving push Sunday, July 17, 2011 @ 1:01AMJENNIFER STILES/ For the Times Herald-Record
At the Dunes, it’s a long road ahead Saturday, July 16, 2011 @ 9:15PMDAKOTA DUNES -- A loud thud startled Russ Christiansen in his Colorado home on the night of May 28.
Forum focuses on aging Friday, July 15, 2011 @ 10:53PMThe baby boomers continue to leave their mark on the world -- now as the older generation.
Commerce Bancshares Beats Estimates Friday, July 15, 2011 @ 11:30AMCommerce Bancshares reported its second quarter 2011 earnings per share of 79 cents, beating the Zacks Consensus Estimate of 72 cents.
West Coast Asset Management - July Exclusive Outlook Friday, July 15, 2011 @ 11:06AMBy CanadianValue. West Coast Asset Management refers to its investment style as "entrepreneurial." Read more » »
Webster Reports 2011 Second Quarter Profit Friday, July 15, 2011 @ 7:00AMWebster Financial Corporation , the holding company for Webster Bank, N.A., today announced net income available to common shareholders of $33.4 million, or $.36 per diluted share, for the quarter ended June 30, 2011 compared to $33.5 million, or $.36 per diluted share, for the quarter ended March 31, 2011.
Villages to start energy-saving push Friday, July 15, 2011 @ 1:04AMWALDEN — The villages of Maybrook, Montgomery and Walden will kick off a challenge to cut energy consumption by 10 percent Saturday at the Walden Community Block Party.
Ballast Nedam Half-Year Figures 2011: Results on Target, Forecast for 2011 Upheld Friday, July 15, 2011 @ 12:38AMNIEUWEGEIN, the Netherlands, July 15, 2011 /PRNewswire/ - Higher operating profit for 1st half-year: € 8 million (1st half-year 2010: € 6 million) - Profit for the 1st half-year up: € 4 million (1st half-year 2010: € 2 million) - 1st …
Boyd Tonkin: Jewels in Rupert'starnished crown Thursday, July 14, 2011 @ 6:17PMHow much – if at all – should we care that Rupert Murdoch's company controls the fourth largest book publisher in Britain, and has done for 21 years? The road that led a high-minded Glasgow Bible printer founded by William Collins in 1819 to integration into Murdoch's News Corporation was a winding and eventful one. Collins finally joined the family in 1990, when News Corp merged the newly ...
Strong JPMorgan profits give banks a boost Thursday, July 14, 2011 @ 3:39PMJPMorgan Chase reported on Thursday that second quarter profit rose 13 percent to $5.4 billion, in spite of lingering mortgage troubles and weak trading results.
JPMorgan Chase mortgage results bode well for Wells Fargo Thursday, July 14, 2011 @ 1:30PMWhither mortgage lending? Many foreclosures are back on hold as the big banks wrestle with regulators over the price they must pay for botching their handling of distressed borrowers. Bank of America, preannouncing its earnings, said in late June that...
UPDATE 5-JPMorgan quarterly profit rises, loan book grows Thursday, July 14, 2011 @ 12:06PM* Q2 EPS $1.27 vs Wall Street view $1.21 * Profit lifted by lower costs for bad loans * CEO Dimon: Time still needed to cure mortgage problems * Shares up 2.75 percent in afternoon trading (Adds investor ...
JPMorgan quarterly profit rises, loan book grows Thursday, July 14, 2011 @ 9:52AMNEW YORK, July 14 – JPMorgan Chase & Co posted a higher-than-expected jump in second-quarter profit as it wrote off fewer bad mortgages and credit card loans. The bank managed to make more loans during the quarter than in the first quarter and added staff, signs that bright spots are emerging in a sector long plagued by credit losses and an ...
JPMorgan quarterly profit rises Thursday, July 14, 2011 @ 8:58AMLower costs on bad loans boost results. 14 Jul 2011 9:53 AM
UPDATE 4-JPMorgan quarterly profit rises, loan book grows Thursday, July 14, 2011 @ 8:09AM* Q2 EPS $1.27 vs Wall Street view $1.21 * Profit lifted by lower costs for bad loans * CEO Dimon: Time still needed to cure mortgage problems * Shares up 2.5 percent in premarket trading (Adds comment ...
Slow Start For State Program That Helps Buyers Purchase Foreclosed Homes Thursday, July 14, 2011 @ 8:01AMGet Business Mobile Text Alerts Three years ago, the state legislature created a series of home mortgage programs aimed at the foreclosure crisis.
UPDATE 3-JPMorgan quarterly profit rises, loan book grows Thursday, July 14, 2011 @ 7:35AM* Q2 EPS $1.27 vs Wall Street view $1.21 * Profit lifted by lower costs for bad loans * CEO Dimon: Time still needed to cure mortgage problems * Shares up 2.5 percent in premarket trading (Adds loans, ...
DealBook: Strong JPMorgan Profits Give Banks a Boost Thursday, July 14, 2011 @ 6:38AMJPMorgan Chase reported on Thursday that second quarter profit rose 13 percent to $5.4 billion, in spite of lingering mortgage troubles and weak trading results.
MLB Capsules- AL: Fan who returned Jeter ball getting baseball card Wednesday, July 13, 2011 @ 9:42PMNEW YORK (AP) — The fan who returned Derek Jeter’s ball from his 3,000th hit will get a bit of memorabilia to keep — his own baseball card. Topps says it will produce a trading card featuring Christian Lopez that will be included in sets later this year.
Cost of first-time mortgages falls by half Wednesday, July 13, 2011 @ 7:47PMA MORTGAGE today will cost a first-time buyer couple half of what it cost five years ago.
The Danger of Treating Your 401(k) As a Piggybank Wednesday, July 13, 2011 @ 3:57PMTaking a loan from your 401(k) isn't necessarily bad--if you're sure you can pay it back.
Clark retires after four decades at Arlington bank Wednesday, July 13, 2011 @ 2:57PMHe’s been a fixture at the bank at 626 Mass. Ave. for 40 years. This week, however, was Bob Clark’s last, as he heads into retirement after serving customers in several capacities, most recently as assistant operations officer at Cambridge Savings Bank’s downtown branch.
Homeowners warned against wasteful improvements Wednesday, July 13, 2011 @ 11:26AMRics recommends homeowners considering improvements over moving will not always be adding value to their homes Homeowners unable to move because of the static housing market have been warned to be careful before rushing into home improvements, as they could be wasting money. Nearly half of estate agents surveyed by trade body the Royal Institution of Chartered Surveyors (Rics) said people were ...
JPMorgan, Citigroup Revenue Struggle Draws Analysts’ Focus Wednesday, July 13, 2011 @ 11:18AMJPMorgan Chase & Co. and Citigroup Inc., which report earnings this week, are under pressure to show that banks can increase revenue as the U.S. economic recovery sputters.
Dodd-Frank Rules Make Mortgages Less Profitable: One Year Later Wednesday, July 13, 2011 @ 7:52AMMortgage lender Mike McHugh has already had to license his loan originators, change the way they’re paid, and adopt new underwriting standards -- steps needed to comply with new rules and realities in the wake of the collapse of the housing bubble.
Sheila C. Bair: Stop selling the long term short Wednesday, July 13, 2011 @ 6:33AMThe nation is still struggling with the effects of the most serious financial crisis and economic downturn since the Great Depression. But Wall Street seems all too ready to return to the same untenable business practices that brought it to its knees less than three years ago. And some in government who claim to be representing Main Street seem all too ready to help.