Q4 S&P 500 Profits On Path To Triple (Investor’s Business Daily)
With nearly half of the S&P 500 reporting, Q4 earnings are on track to surge 206% vs. a year earlier.
CorVel Announces Earnings Release Webcast (PR Newswire)
In conjunction with CorVel Corporation’s quarterly earnings release, CorVel will be conducting a conference call that will be broadcast live over the Internet on Tuesday, February 2nd, 2010 at 11:30 am Eastern Time.
Stonegate Bank 2009 Fourth Quarter Earnings Release (Business Wire)
FORT LAUDERDALE, Fla.—-Stonegate Bank : Fourth Quarter 2009 highlights:
Exterran Partners Announces Cash Distribution (Business Wire)
HOUSTON—-Exterran Partners, L.P. today announced a cash distribution of $0.4625 per limited partner unit, or $1.85 per limited partner unit on an annualized basis, payable on February 12, 2010 to unitholders of record at the close of business on February 9, 2010.
Neuberger Berman High Yield Strategies Fund Announces Monthly Distribution and Increase in Distribution Rate (Business Wire)
NEW YORK—-Neuberger Berman High Yield Strategies Fund has announced a distribution declaration of a $0.11 per common share. The distribution announced today is payable on February 26, 2010, has a record date of February 16, 2010 and an ex-date of February 11, 2010.
Neuberger Berman Income Opportunity Fund Announces Monthly Distribution and Increase in Distribution Rate (Business Wire)
NEW YORK—-Neuberger Berman Income Opportunity Fund Inc. has announced a distribution declaration of $0.0575 per share of common stock. The distribution announced today is payable on February 26, 2010, has a record date of February 16, 2010 and an ex-date of February 11, 2010.
Parkvale Financial Corporation Announces Earnings for the Second Quarter of Fiscal 2009 (PR Newswire)
Parkvale Financial Corporation reported net income for the quarter ended December 31, 2009 of $2.4 million compared to net income of $2.1 million for the quarter ended December 31, 2008.
Stocks fall on doubts about recovery’s strength (AP)
Stocks ended a disappointing January with a loss as investors questioned whether the economy will be able to sustain its big fourth-quarter growth rate. Downbeat earnings at technology companies also pulled stocks down.
Steak n Shake posts 4Q profit; plans name change (AP)
Steak n Shake Co. said Friday it posted a fourth-quarter profit, and said it is planning to change its corporate name to Biglari Holdings Inc.
Oneida Financial Corp. Reports 2009 Fourth Quarter and Full Year Operating Results (unaudited) (PR Newswire)
Oneida Financial Corp. , the parent company of The Oneida Savings Bank, has announced its operating results for the fourth quarter and full year ended December 31, 2009. Net income for the year ended December 31, 2009 is $4.1 million, or $0.52 diluted earnings per share, compared with a net loss of $1.7 million for the year ended December 31, 2008. The increase in net income is primarily the result of an increase in net interest income, an increase in non-interest income and an increase in the fair value of trading securities. These increases in income were partially offset by an increase in non-interest expense, an income tax provision as compared to an income tax benefit in 2008, an increase in net investment losses and an increase in the provision for loan losses during 2009 as compared with 2008. The 2008 full year operating results were negatively impacted by the significant decline in carrying value of Federal Home Loan Mortgage Corporation perpetual preferred stock following the announcement by the United States Treasury and the Federal Housing Finance Agency that the government sponsored enterprise was placed under conservatorship during September 2008. Net income for the three months ended December 31, 2009 is $1.2 million, or $0.16 diluted earnings per share, as compared to $1.7 million, or $0.22 diluted earnings per share, for the same period in 2008. The decrease in net income in the fourth quarter of 2009 is primarily due to an adjustment to the provision for income taxes in 2008 to reflect the United States Treasury’s decision to allow non-cash losses incurred by holders of Freddie Mac and Fannie Mae stock to be recognized during 2008 as ordinary losses to be taken against ordinary income rather than capital losses which may only offset capital gains. This resulted in a non-cash tax benefit in the fourth quarter of 2008 of $1.0 million.