Commonwealth Bankshares, Inc., Norfolk, VA, Announces Fourth Quarter 2009 Earnings (GlobeNewswire)
NORFOLK, Va. -- Commonwealth Bankshares, Inc. today reported net income for the quarter ended December 31, 2009 of $487.1 thousand, compared to $592.5 thousand reported for the quarter ended December 31, 2008. Diluted earnings per share equaled $0.07 for the quarter ended December 31, 2009 compared to earnings of $0.09 for the same period in 2008. For the year ended December 31, 2009, the Company reported a net loss of $25.8 million compared to the net loss of $3.7 million reported for the year ended December 31, 2008. On a per share basis, the diluted loss was $3.75 for the year ended December 31, 2009 compared to $0.54 for the same period in 2008. The decline in 2009 earnings included the effects of larger provisions to the allowance for loan losses, increased credit and collection costs, increased Federal Deposit Insurance Corporation assessments, the decrease in interest income due to nonperforming loans, and higher expenses related to foreclosed properties. us.rd.yahoo.com |
NYSE Euronext sells part of NYSE Liffe US stake (AP)
Trans-Atlantic exchange operator NYSE Euronext Inc. said Wednesday that it sold what it described as a significant minority stake in its U.S. futures exchange NYSE Liffe U.S. to six financial services companies. us.rd.yahoo.com |
Morgan Stanley shares jump 10% as revenues rise (at MarketWatch)
Morgan Stanley bucks an industry trend and reports rising revenue across its business. us.rd.yahoo.com |
MCG Capital Corporation Reports Second Quarter 2010 Results and Declares Dividend of $0.12 Per Share (Business Wire)
ARLINGTON, Va.----MCG Capital Corporation announced today its financial results for the quarter ended June 30, 2010. MCG will host an investment community conference call today, August 5, 2010 at 9:00 a.m. . us.rd.yahoo.com |
Nomura OSE NASDAQ ETF to Ring the NASDAQ Stock Market Opening Bell (GlobeNewswire)
ADVISORY -- us.rd.yahoo.com |