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Ford swings to profit in Q4

<ul><li>Ford Motor has reported a net income attributable to the company of $868 million or $0.25 per share for the fourth quarter of 2009, compared to a net loss attributable to the company of $5.98 billion for the fourth quarter of 2008.&…

[ More ] February 1st, 2010 | No Comments | Posted in Stock Markets |

Chattem reports net loss in Q4

<ul><li>Chattem, a marketer and manufacturer of OTC healthcare products, toiletries and dietary supplements, has reported a net loss of $4.05 million, or $0.21 per diluted share, for the fourth quarter ended November 30, 2009, compared to a…

[ More ] February 1st, 2010 | No Comments | Posted in Stock Markets |
 

Electricity to return: Sewage/Water Treatment experience difficulties

<ul><li>Jan. 30–Mother Nature: 2; Stephens County: 0. </li><li>For the second time in five weeks Stephens County and Southwest Oklahoma took a pummeling from Mother Nature. </li><li>The most recent storm resulted in…

[ More ] January 31st, 2010 | No Comments | Posted in Stock Markets |

Commonwealth reworks report; loss widens $15M

<ul><li>Jan. 30–NORFOLK — Under pressure from regulators, the parent of Bank of the Commonwealth said Friday that it will restate its financial results for the nine months through Sept. 30 and increase its reserve for loan losses by more …

[ More ] January 31st, 2010 | No Comments | Posted in Stock Markets |
 

E*TRADE Reports In Line, Trims Loss

E*TRADE Financial Corporation’s (ETFC) fourth-quarter loss of 4 cents per share was in line with the Zacks Consensus Estimate. The loss for the reported quarter significantly narrowed from the loss of 67 cents in the prior quarter and 50 cents in the p…

[ More ] January 30th, 2010 | No Comments | Posted in Stock Markets, Trading News |

First Banks’ red ink eased late last year

<ul><li>Jan. 30–Troubled First Banks Inc. continued to leak red ink late last year, but at a slower rate. </li><li>The Clayton-based company, parent of First Bank, reported a $153.8 million loss in the fourth quarter ended Dec….

[ More ] January 30th, 2010 | No Comments | Posted in Stock Markets |
 

City Bank of Lynnwood has $37M quarterly loss

<ul><li>Jan. 30–City Bank of Lynnwood lost $104.6 million last year, including $37 million in the fourth quarter, but the bank asserted it is making progress in recovering from its binge of construction and development loans during the hou…

[ More ] January 30th, 2010 | No Comments | Posted in Stock Markets |

Frontier Financial has another large loss

<ul><li>Jan. 30–There was plenty of bad news in Frontier Financial’s earnings report Friday: losses of $33.9 million for the quarter and $258.8 million for the year, $341.5 million in charged-off loans, and shrinking capital ratios that ha…

[ More ] January 30th, 2010 | No Comments | Posted in Stock Markets |

AltaPacific Bank Reports Year End Results and Declares 5% Stock Dividend

<ul><li>AltaPacific Bank (OTCBB:ABNK) today reported that is has achieved profitability for its sixth consecutive quarter. </li><li>The bank reported net income for the quarter totaling $162,000 and year-to-date earnings tot…

[ More ] January 30th, 2010 | No Comments | Posted in Stock Markets |

City Bank Announces Results for 4th Quarter and Year Ended December 31, 2009

<ul><li>The Bank also announced a net loss of $104.61 million or $6.64 per share for the twelve months ended December 31, 2009 compared to a net loss of $60.84 million or $3.86 per share for the same period in 2008.</li><li&g…

[ More ] January 30th, 2010 | No Comments | Posted in Stock Markets |