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- Fund Managers Raise Holdings of Stocks
Reuters (January 31, 2003
)
BOSTON (Reuters) - U.S. fund managers in January raised their holdings of U.S. stocks a smidgen, still worried the threat of war with Iraq will hurt the stock market even if the economy recovers more rapidly, a new Reuters poll shows.
- EFJohnson Announces Licensing Agreement With Bizcom
PRNewswire (January 31, 2003
)
WASHINGTON, Jan. 31 /PRNewswire-FirstCall/ -- EFJ, Inc. (BULLETIN BOARD: EFJI) today announced that its EFJohnson subsidiary has signed a licensing agreement, allowing Bizcom U.S.A., Inc. the right to develop and sell mobile and portable radio products incorporating the EFJohnson developed LTR-Net protocol.
- Summit Bank Corporation Announces Quarterly Dividend
PRNewswire (January 31, 2003
)
ATLANTA, Jan. 31 /PRNewswire-FirstCall/ -- Summit Bank Corporation announced a quarterly dividend of $.13 per share payable to all shareholders of record on February 14, 2003, to be paid on February 25, 2003.
- Midland Capital Holdings Corporation Reports Fiscal 2nd Quarter Earnings And Declares Regular Cash Dividend
PRNewswire (January 31, 2003
)
BRIDGEVIEW, Ill., Jan. 31 /PRNewswire-FirstCall/ -- Midland Capital Holdings Corporation (BULLETIN BOARD: MCPH) (the "Company") the holding company for Midland Federal Savings and Loan Association ("Midland Federal") today announced that net income for the quarter ended December 31, 2002 totaled $171,000, or $0.46 per diluted share ($0.47 per basic share), compared to net in
- Banc of America Capital Management Releases ´U.S. Economic Projections´ For Week of February 3, 2003
PRNewswire (January 31, 2003
)
NEW YORK/ST. LOUIS and CHARLOTTE, N.C., Jan. 31 /PRNewswire/ -- Banc of America Capital Management today released the latest "U.S. Economic Projections" report:
- ARGO Data Resource Corporation Announces Strategic Alliance With Bankers Integration Group, Inc.
PRNewswire (January 31, 2003
)
SAN FRANCISCO, Jan. 31 /PRNewswire/ -- ARGO Data Resource Corporation (ARGO), a market leader that provides automated retail delivery and lending systems for financial services companies, announced today that it will enter into a strategic alliance with Bankers Integration Group, Inc. ("BIG"), to deliver a seamless process for automobile dealers and lenders to decision financing in real
- ARGO Data Resource Corporation Announces Strategic Alliance With Bankers Integration Group, Inc.
PRNewswire (January 31, 2003
)
SAN FRANCISCO, Jan. 31 /PRNewswire/ -- ARGO Data Resource Corporation (ARGO), a market leader that provides automated retail delivery and lending systems for financial services companies, announced today that it will enter into a strategic alliance with Bankers Integration Group, Inc. ("BIG"), to deliver a seamless process for automobile dealers and lenders to decision financing in real
- U.S. Bancorp to Participate in Conference Call Hosted by Merrill Lynch & Company
PRNewswire (January 31, 2003
)
MINNEAPOLIS, Jan. 31 /PRNewswire-FirstCall/ -- U.S. Bancorp announced today that Richard K. Davis, vice chairman of consumer banking and payment services, is scheduled to participate in a conference call entitled U.S. Bancorp - Re-energizing Retail Banking. The call will be hosted by Merrill Lynch & Company and is scheduled for Monday, February 3, 2003, at 2:00 p.m. (EST). The conference c
- Joe Czyzyk, Mercury Air Group CEO, Elected to the Board of Directors of the Los Angeles Area Chamber of Commerce
PRNewswire (January 31, 2003
)
LOS ANGELES, Jan. 31 /PRNewswire-FirstCall/ -- The Los Angeles Area Chamber of Commerce, the County's oldest and largest business organization, named Mercury Air Group President & CEO Joseph A. Czyzyk to its Board of Directors. Czyzyk, who was sworn in as a Board member at ceremonies last night in Beverly Hills, CA, joins a distinguished panel of corporate leaders from Los Angeles' business
- Schwab to Sell U.K. Brokerage Unit
Reuters (January 31, 2003
)
SAN FRANCISCO (Reuters) - Charles Schwab Corp. <SCH.N>, the largest U.S. discount brokerage, on Friday moved to scale back overseas, agreeing to sell its UK brokerage business to Barclays Plc for an undisclosed sum.
- Income Matters, But Family Matters, Too, According to CCH INCORPORATED
PRNewswire (January 31, 2003
)
RIVERWOODS, Ill., Jan. 31 /PRNewswire/ -- Is the federal income tax irrelevant? For some people, it seems to be, according to CCH INCORPORATED (CCH), a leading provider of tax law information and software. But while federal income tax is becoming a relatively insignificant burden for an increasing number of low-to-moderate income families, wealthy families and many individuals still pay a signi
- WSJ: Investment Banker Faces NASD Charges
Reuters (January 31, 2003
)
NEW YORK (Reuters) - Credit Suisse First Boston investment banker Frank Quattrone has been told by the National Association of Securities Dealers that it plans to file civil charges against him, the Wall Street Journal reported on Friday.
- Southwest Airlines Co. to Present at the Goldman Sachs 18th Annual Transportation Conference
PRNewswire (January 31, 2003
)
DALLAS, Jan. 31 /PRNewswire-FirstCall/ -- Southwest Airlines Company has been invited to speak at the Goldman Sachs 18th Annual Transportation Conference. Jim Parker, Vice Chairman and Chief Executive Officer, will be presenting at the conference on Tuesday, February 4, 2003, at 12:40 p.m. Eastern Time.
- BOE Financial Services of Virginia, Inc. Reports 4th Quarter Earnings
PRNewswire (January 31, 2003
)
TAPPAHANNOCK, Va., Jan. 31 /PRNewswire-FirstCall/ -- BOE Financial Services of Virginia, Inc. , parent company of its' wholly-owned subsidiary Bank of Essex, announced the results of operations for the fourth quarter of 2002. Net income for the fourth quarter of 2002 was $628,000 compared to net income of $593,000 for the same period in 2001, an increase of 5.9%. This increase in net income was
- SOURCECORP Updates Its Revenue and Earnings Per Share Guidance for the Fourth Quarter 2002
PRNewswire (January 31, 2003
)
DALLAS, Jan. 31 /PRNewswire-FirstCall/ -- SOURCECORP(TM) , one of the nation's leading providers of business process outsourcing solutions, today announced that the Company is updating its fourth quarter 2002 revenue and earnings per share guidance provided in the third quarter 2002 earnings announcement issued by the Company on November 6, 2002. The Company is increasing its revenue guidance to
- Acadiana Bancshares, Inc. Reports Fourth Quarter Results
PRNewswire (January 31, 2003
)
LAFAYETTE, La., Jan. 31 /PRNewswire-FirstCall/ -- Acadiana Bancshares, Inc. (the "Company"), the holding company of the 102-year old LBA Savings Bank (http://www.lbabank.com ), announced today that its net income was $255,000, or 24 cents per share (21 cents per share diluted), for the quarter ended December 31, 2002 compared to $616,000, or 59 cents per share (55 cents per share dilut
- Sturgis Bancorp, Inc. (´STBI´) Reports Net Income For The Year Ended December 31, 2002
PRNewswire (January 31, 2003
)
STURGIS, Mich., Jan. 31 /PRNewswire-FirstCall/ -- STBI's net income for the year ended December 31, 2002 was $2,790,367, or $0.95 per share. This compares to $2,787,937, or $0.90 per share, for the year ended December 31, 2001. This increase of $0.05 per share is primarily due to the stock repurchase plan that commenced on January 22, 2002.
- Webcast Alert: Banco Santander-Chile Announces Fourth Quarter Earnings Conference Call Webcast
PRNewswire (January 31, 2003
)
SANTIAGO, Chile, Jan. 31 /PRNewswire-FirstCall/ -- Banco Santander-Chile announces the following Webcast:
- webMethods to Present at the Thomas Weisel Partners Tech2003 Conference on February 3, 2003
PRNewswire (January 31, 2003
)
FAIRFAX, Va., Jan. 31 /PRNewswire/ -- webMethods, Inc. , the leading independent provider of integration software, today announced that Phillip Merrick, chairman and CEO, will present at the Thomas Weisel Partners Tech2003 Conference at the Fairmont Hotel in San Francisco, California, on Monday, February 3, 2003. During the presentation, Mr. Merrick will discuss webMethods' strategic initiatives
- EPIQ Systems Acquires Bankruptcy Services LLC, Enters Chapter 11 Market
PRNewswire (January 31, 2003
)
KANSAS CITY, Kan., Jan. 31 /PRNewswire-FirstCall/ -- Note: A telephone conference call will be held at 10 a.m. central time on January 31, 2003, to further discuss this announcement. The toll-free dial-in number is 877-780-2271 (reference: EPIQ Systems). A replay will be available shortly thereafter until February 14, 2003 on 877-519-4471 (passcode: 3725389). A slide presentation will accompan
- Yadkin Valley Bank and Trust Company Announces 16.7% Increase in Earnings Per Share for the Quarter Ended December 31, 2002 and Offers a Dividend Reinvestment Plan
PRNewswire (January 31, 2003
)
ELKIN, N.C., Jan. 31 /PRNewswire-FirstCall/ -- Yadkin Valley Bank and Trust Company reported net income for the fourth quarter at $1.88 million or $0.21 per diluted share, an increase of 16.7% over earnings per share of $0.18 for the same period last year. For the year ended December 31, 2002, Yadkin reported net income of $7.04 million or $0.89 per diluted share, an increase of 7.2% over dilut
- T. Rowe Price Profits Up Despite Asset Dip
Reuters (January 31, 2003
)
NEW YORK (Reuters) - Money manager T. Rowe Price Group Inc. <TROW.O> said on Friday its fourth-quarter profit edged up about 2.7 percent, as lower expenses and a lower tax rate offset declines in its stock mutual funds.
- Central Virginia Bankshares, Inc. Declares Regular 1st Quarter Dividend of 12 Cents
PRNewswire (January 30, 2003
)
POWHATAN, Va., Jan. 30 /PRNewswire-FirstCall/ -- The board of directors of Central Virginia Bankshares, Inc., , at its recent meeting, declared a regular quarterly cash dividend of $ 0.12 per common share, payable on March 14, 2003 to shareholders of record February 28, 2003
- More People in Maine, Especially Military, Eligible for EITC; Volunteers, IRS.gov Stand Ready to Help
PRNewswire (January 30, 2003
)
WASHINGTON, Jan. 30 /PRNewswire/ -- The Internal Revenue Service today reminded taxpayers that changes in the Earned Income Tax Credit (EITC) law will expand the number of low-income working taxpayers, especially military personnel, who qualify for tax relief. The IRS urged taxpayers to review EITC requirements to determine their eligibility.
- More People in Oregon, Especially Military, Eligible for EITC; Volunteers, IRS.gov Stand Ready to Help
PRNewswire (January 30, 2003
)
WASHINGTON, Jan. 30 /PRNewswire/ -- The Internal Revenue Service today reminded taxpayers that changes in the Earned Income Tax Credit (EITC) law will expand the number of low-income working taxpayers, especially military personnel, who qualify for tax relief. The IRS urged taxpayers to review EITC requirements to determine their eligibility.
- Multex Reports a Fourth-Quarter Loss
Reuters (January 30, 2003
)
NEW YORK (Reuters) - Multex.com Inc. <MLTX.O>, which provides financial investment information and technology for the financial industry, on Thursday reported a narrower quarterly loss as revenue rose modestly despite weak market conditions.
- More People in North Dakota, Especially Military, Eligible for EITC; Volunteers, IRS.gov Stand Ready to Help
PRNewswire (January 30, 2003
)
WASHINGTON, Jan. 30 /PRNewswire/ -- The Internal Revenue Service today reminded taxpayers that changes in the Earned Income Tax Credit (EITC) law will expand the number of low-income working taxpayers, especially military personnel, who qualify for tax relief. The IRS urged taxpayers to review EITC requirements to determine their eligibility.
- More People in New Mexico, Especially Military, Eligible for EITC; Volunteers, IRS.gov Stand Ready to Help
PRNewswire (January 30, 2003
)
WASHINGTON, Jan. 30 /PRNewswire/ -- The Internal Revenue Service today reminded taxpayers that changes in the Earned Income Tax Credit (EITC) law will expand the number of low-income working taxpayers, especially military personnel, who qualify for tax relief. The IRS urged taxpayers to review EITC requirements to determine their eligibility.
- More People in Delaware, Especially Military, Eligible for EITC; Volunteers, IRS.gov Stand Ready to Help
PRNewswire (January 30, 2003
)
WASHINGTON, Jan. 30 /PRNewswire/ -- The Internal Revenue Service today reminded taxpayers that changes in the Earned Income Tax Credit (EITC) law will expand the number of low-income working taxpayers, especially military personnel, who qualify for tax relief. The IRS urged taxpayers to review EITC requirements to determine their eligibility.
- Minnesota Department of Revenue: Report Reveals Tax Enforcement Activities A Success
PRNewswire (January 30, 2003
)
ST. PAUL, Minn., Jan. 30 /PRNewswire/ -- Nearly $60 million in additional tax revenue was collected through expanded tax enforcement activities by the Minnesota Department of Revenue, according to a report released by the Office of the Legislative Auditor today.
- Deluxe Reports Fourth Quarter, Full-Year Results
PRNewswire (January 30, 2003
)
ST. PAUL, Minn., Jan. 30 /PRNewswire-FirstCall/ -- Deluxe Corporation , the nation's leading check printing company, reported an $.11 or 15.1 percent, increase in fourth quarter diluted earnings per share (EPS). Net income for the fourth quarter increased to $52.3 million, compared to $48.0 million, in 2001. The Company's performance, combined with the impact of share repurchase activities, incr
- Capital One Announces Thirty-Second Consecutive Quarterly Dividend
PRNewswire (January 30, 2003
)
FALLS CHURCH, Va., Jan. 30 /PRNewswire-FirstCall/ -- Capital One Financial Corporation today announced a quarterly dividend of 2 2/3 cents per share payable February 20, 2003 to stockholders of record as of February 10, 2003. This is the company's thirty-first consecutive quarterly dividend since it became an independent company on February 28, 1995. Dividends declared by the company are eligi
- More People in Kentucky, Especially Military, Eligible for EITC; Volunteers, IRS.gov Stand Ready to Help
PRNewswire (January 30, 2003
)
WASHINGTON, Jan. 30 /PRNewswire/ -- The Internal Revenue Service today reminded taxpayers that changes in the Earned Income Tax Credit (EITC) law will expand the number of low-income working taxpayers, especially military personnel, who qualify for tax relief. The IRS urged taxpayers to review EITC requirements to determine their eligibility.
- Premier Financial Bancorp, Inc. Reports $355,000 Fourth Quarter 2002 Profit
PRNewswire (January 30, 2003
)
HUNTINGTON, W.Va., Jan. 30 /PRNewswire-FirstCall/ -- Premier Financial Bancorp, Inc. , a $678 million community bank holding company with seven individually managed bank subsidiaries announced positive earnings results for the fourth quarter of 2002. Premier realized net income of $355,000 (7 cents per share) during the quarter ending December 31, 2002 while continuing with its significant provi
- More People in Florida, Especially Military, Eligible for EITC; Volunteers, IRS.gov Stand Ready to Help
PRNewswire (January 30, 2003
)
WASHINGTON, Jan. 30 /PRNewswire/ -- The Internal Revenue Service today reminded taxpayers that changes in the Earned Income Tax Credit (EITC) law will expand the number of low-income working taxpayers, especially military personnel, who qualify for tax relief. The IRS urged taxpayers to review EITC requirements to determine their eligibility.
- More People in Nebraska, Especially Military, Eligible for EITC; Volunteers, IRS.gov Stand Ready to Help
PRNewswire (January 30, 2003
)
WASHINGTON, Jan. 30 /PRNewswire/ -- The Internal Revenue Service today reminded taxpayers that changes in the Earned Income Tax Credit (EITC) law will expand the number of low-income working taxpayers, especially military personnel, who qualify for tax relief. The IRS urged taxpayers to review EITC requirements to determine their eligibility.
- Foundation Offers Low-Interest Loans for Water Well Improvements Through Funding from National Ground Water Association
PRNewswire (January 30, 2003
)
WESTERVILLE, Ohio, Jan. 30 /PRNewswire/ -- The newly formed Foundation for Affordable Drinking Water is offering a rollout of $100,000 in low-interest loans available to low- and moderate-income homeowners in Ohio for construction or improvement of household water systems.
- PayMaxx Partners With Bank One and Visa to Offer PayMaxx PayCard(TM); Eliminates Need for Employees to Use Expensive Check-Cashing Services
PRNewswire (January 30, 2003
)
FRANKLIN, Tenn., Jan. 30 /PRNewswire/ -- PayMaxx, Inc. (http://www.paymaxx.com/), a national leader in payroll processing and an Internet payroll pioneer, today announces its partnership with Visa U.S.A. and Bank One to offer PayMaxx PayCard(TM), a Visa(R) debit card that enables employees to make purchases and withdraw money at numerous POS (point of sale) locations and ATMs worldwide. The PayMa
- Horace Mann Announces Fourth Quarter Earnings Release and Conference Call
PRNewswire (January 30, 2003
)
SPRINGFIELD, Ill., Jan. 30 /PRNewswire-FirstCall/ -- Horace Mann Educators Corporation will release its fourth quarter 2002 earnings on Thursday, February 6, 2003. The earnings press release will be available shortly thereafter within the Investor Relations section of the Company's website at www.horacemann.com . Management will host a conference call to discuss the financial results on Friday
- More People in Arkansas, Especially Military, Eligible for EITC; Volunteers, IRS.gov Stand Ready to Help
PRNewswire (January 30, 2003
)
WASHINGTON, Jan. 30 /PRNewswire/ -- The Internal Revenue Service today reminded taxpayers that changes in the Earned Income Tax Credit (EITC) law will expand the number of low-income working taxpayers, especially military personnel, who qualify for tax relief. The IRS urged taxpayers to review EITC requirements to determine their eligibility.
- More People in Kansas, Especially Military, Eligible for EITC; Volunteers, IRS.gov Stand Ready to Help
PRNewswire (January 30, 2003
)
WASHINGTON, Jan. 30 /PRNewswire/ -- The Internal Revenue Service today reminded taxpayers that changes in the Earned Income Tax Credit (EITC) law will expand the number of low-income working taxpayers, especially military personnel, who qualify for tax relief. The IRS urged taxpayers to review EITC requirements to determine their eligibility.
- More People in Colorado, Especially Military, Eligible for EITC; Volunteers, IRS.gov Stand Ready to Help
PRNewswire (January 30, 2003
)
WASHINGTON, Jan. 30 /PRNewswire/ -- The Internal Revenue Service today reminded taxpayers that changes in the Earned Income Tax Credit (EITC) law will expand the number of low-income working taxpayers, especially military personnel, who qualify for tax relief. The IRS urged taxpayers to review EITC requirements to determine their eligibility.
- More People in New Hampshire, Especially Military, Eligible for EITC; Volunteers, IRS.gov Stand Ready to Help
PRNewswire (January 30, 2003
)
WASHINGTON, Jan. 30 /PRNewswire/ -- The Internal Revenue Service today reminded taxpayers that changes in the Earned Income Tax Credit (EITC) law will expand the number of low-income working taxpayers, especially military personnel, who qualify for tax relief. The IRS urged taxpayers to review EITC requirements to determine their eligibility.
- Massey Energy Reports 4th Quarter and Year End 2002 Financial Results
PRNewswire (January 30, 2003
)
RICHMOND, Va., Jan. 30 /PRNewswire-FirstCall/ -- Massey Energy Company today reported financial results for its fourth quarter ended December 31, 2002. Produced coal revenues increased 2% in the quarter, to $320.9 million from $314.8 million for the comparable 2001 period. Coal sales volume for the quarter decreased by 4% to 10.4 million tons in 2002 from 10.8 million tons in 2001. "We h
- Chicago Mercantile Exchange Holdings Inc. Reports Record Revenues, Earnings For 2002
PRNewswire (January 30, 2003
)
CHICAGO, Jan. 30 /PRNewswire-FirstCall/ -- Chicago Mercantile Exchange Holdings Inc. today reported record revenues and earnings for 2002, primarily due to increased trading volume. Net revenues increased 17 percent to a record $453.2 million for 2002, compared with $387.2 million for 2001. Net income was $94.1 million for 2002, an increase of 25 percent from $75.1 million for the previous yea
- More People in Alaska, Especially Military, Eligible for EITC; Volunteers, IRS.gov Stand Ready to Help
PRNewswire (January 30, 2003
)
WASHINGTON, Jan. 30 /PRNewswire/ -- The Internal Revenue Service today reminded taxpayers that changes in the Earned Income Tax Credit (EITC) law will expand the number of low-income working taxpayers, especially military personnel, who qualify for tax relief. The IRS urged taxpayers to review EITC requirements to determine their eligibility.
- More People in Louisiana, Especially Military, Eligible for EITC; Volunteers, IRS.gov Stand Ready to Help
PRNewswire (January 30, 2003
)
WASHINGTON, Jan. 30 /PRNewswire/ -- The Internal Revenue Service today reminded taxpayers that changes in the Earned Income Tax Credit (EITC) law will expand the number of low-income working taxpayers, especially military personnel, who qualify for tax relief. The IRS urged taxpayers to review EITC requirements to determine their eligibility.
- More People in Montana, Especially Military, Eligible for EITC; Volunteers, IRS.gov Stand Ready to Help
PRNewswire (January 30, 2003
)
WASHINGTON, Jan. 30 /PRNewswire/ -- The Internal Revenue Service today reminded taxpayers that changes in the Earned Income Tax Credit (EITC) law will expand the number of low-income working taxpayers, especially military personnel, who qualify for tax relief. The IRS urged taxpayers to review EITC requirements to determine their eligibility.
- CFS Bancorp, Inc. Announces Fourth Quarter And Year-End Results
PRNewswire (January 30, 2003
)
MUNSTER, Ind., Jan. 30 /PRNewswire-FirstCall/ -- CFS Bancorp, Inc. ("Company") today reported fourth quarter net income of $1.8 million or $0.15 per diluted share outstanding. Net income for the year ended December 31, 2002 was $7.2 million or $0.58 per diluted share outstanding. This compares to net income for the fourth quarter of 2001 of $1.5 million or $0.12 per diluted share and
- Soros Investor in Closed Japan Fund-WSJ
Reuters (January 30, 2003
)
NEW YORK (Reuters) - George Soros is among those who invested in a Japanese hedge fund that collapsed last week after losing almost all its capital, the Wall Street Journal reported on Thursday.
- Regulators Review CSFB Email, Paper Says
Reuters (January 30, 2003
)
NEW YORK (Reuters) - Regulators are reviewing an email sent by Credit Suisse First Boston investment bankers instructing staff to delete emails and other documents related to initial public offerings, the Wall Street Journal reported on Thursday.
- Two Plead Guilty in PinnFund Scheme
AP (January 30, 2003)
SAN DIEGO (AP) - Two former executives of a mortgage-lending firm pleaded guilty Thursday to federal charges for their roles in a massive Ponzi scheme that resulted in losses of more than $200 million for investors.
- More People in South Carolina, Especially Military, Eligible for EITC; Volunteers, IRS.gov Stand Ready to Help
PRNewswire (January 30, 2003
)
WASHINGTON, Jan. 30 /PRNewswire/ -- The Internal Revenue Service today reminded taxpayers that changes in the Earned Income Tax Credit (EITC) law will expand the number of low-income working taxpayers, especially military personnel, who qualify for tax relief. The IRS urged taxpayers to review EITC requirements to determine their eligibility.
- Janus Capital 4Q Profit Fell on Woes
AP (January 30, 2003)
NEW YORK (AP) - Janus Capital Group Inc. Thursday that fourth-quarter net income tumbled 39 percent from a year ago as the mutual fund company continued to be affected by the prolonged bear market and investor redemptions.
- Pension Agency Suffers Worst Year Ever
Reuters (January 30, 2003
)
WASHINGTON (Reuters) - The federal agency that stands behind U.S. corporate pension funds said on Thursday its own finances slumped to a record $3.64 billion deficit in 2002 as the number of company bankruptcies grew.
- More People in Hawaii, Especially Military, Eligible for EITC; Volunteers, IRS.gov Stand Ready to Help
PRNewswire (January 30, 2003
)
WASHINGTON, Jan. 30 /PRNewswire/ -- The Internal Revenue Service today reminded taxpayers that changes in the Earned Income Tax Credit (EITC) law will expand the number of low-income working taxpayers, especially military personnel, who qualify for tax relief. The IRS urged taxpayers to review EITC requirements to determine their eligibility.
- More People in Idaho, Especially Military, Eligible for EITC; Volunteers, IRS.gov Stand Ready to Help
PRNewswire (January 30, 2003
)
WASHINGTON, Jan. 30 /PRNewswire/ -- The Internal Revenue Service today reminded taxpayers that changes in the Earned Income Tax Credit (EITC) law will expand the number of low-income working taxpayers, especially military personnel, who qualify for tax relief. The IRS urged taxpayers to review EITC requirements to determine their eligibility.
- More People in Massachusetts, Especially Military, Eligible for EITC; Volunteers, IRS.gov Stand Ready to Help
PRNewswire (January 30, 2003
)
WASHINGTON, Jan. 30 /PRNewswire/ -- The Internal Revenue Service today reminded taxpayers that changes in the Earned Income Tax Credit (EITC) law will expand the number of low-income working taxpayers, especially military personnel, who qualify for tax relief. The IRS urged taxpayers to review EITC requirements to determine their eligibility.
- More People, Especially Military, Eligible for EITC; Volunteers, IRS.gov Stand Ready to Help
PRNewswire (January 30, 2003
)
WASHINGTON, Jan. 30 /PRNewswire/ -- The Internal Revenue Service today reminded taxpayers that changes in the Earned Income Tax Credit (EITC) law will expand the number of low-income working taxpayers, especially military personnel, who qualify for tax relief. The IRS urged taxpayers to review EITC requirements to determine their eligibility.
- More People in Pennsylvania, Especially Military, Eligible for EITC; Volunteers, IRS.gov Stand Ready to Help
PRNewswire (January 30, 2003
)
WASHINGTON, Jan. 30 /PRNewswire/ -- The Internal Revenue Service today reminded taxpayers that changes in the Earned Income Tax Credit (EITC) law will expand the number of low-income working taxpayers, especially military personnel, who qualify for tax relief. The IRS urged taxpayers to review EITC requirements to determine their eligibility.
- More People in Georgia, Especially Military, Eligible for EITC; Volunteers, IRS.gov Stand Ready to Help
PRNewswire (January 30, 2003
)
WASHINGTON, Jan. 30 /PRNewswire/ -- The Internal Revenue Service today reminded taxpayers that changes in the Earned Income Tax Credit (EITC) law will expand the number of low-income working taxpayers, especially military personnel, who qualify for tax relief. The IRS urged taxpayers to review EITC requirements to determine their eligibility.
- Fund Darling State Street Faces Hurdles
AP (January 30, 2003)
NEW YORK (AP) - State Street Corp.'s rock-solid growth has attracted many long-term investors, but the company must now prove it can overcome the challenges presented by a prolonged market slump.
- More People in Illinois, Especially Military, Eligible for EITC; Volunteers, IRS.gov Stand Ready to Help
PRNewswire (January 30, 2003
)
WASHINGTON, Jan. 30 /PRNewswire/ -- The Internal Revenue Service today reminded taxpayers that changes in the Earned Income Tax Credit (EITC) law will expand the number of low-income working taxpayers, especially military personnel, who qualify for tax relief. The IRS urged taxpayers to review EITC requirements to determine their eligibility.
- NASDAQ Proposes to Extend Minimum Bid Price Rule Compliance Periods
PRNewswire (January 30, 2003
)
NEW YORK, Jan. 30 /PRNewswire-FirstCall/ -- The NASDAQ Stock Market, Inc. (NASDAQ(R)) announced plans to extend a pilot program governing bid price rules for all NASDAQ National Market(R) and NASDAQ Small Cap(R) issuers. The proposal will allow issuers that meet heightened financial requirements to benefit from extended compliance periods for satisfying minimum bid price requirements.
- Forbes Names BB&T to Platinum 400 List of America´s ´Best Big Companies´
PRNewswire (January 30, 2003
)
WINSTON-SALEM, N.C., Jan. 30 /PRNewswire-FirstCall/ -- BB&T Corporation today said it has been named to the Forbes Platinum 400 -- The Best Big Companies in America for the fourth year in a row.
- More People in North Carolina, Especially Military, Eligible For EITC; Volunteers, IRS.gov Stand Ready To Help
PRNewswire (January 30, 2003
)
WASHINGTON, Jan. 30 /PRNewswire/ -- The Internal Revenue Service today reminded taxpayers that changes in the Earned Income Tax Credit (EITC) law will expand the number of low-income working taxpayers, especially military personnel, who qualify for tax relief. The IRS urged taxpayers to review EITC requirements to determine their eligibility.
- MICROS Reports Fiscal 2003 Second Quarter Results; Revenue, Net Income and EPS Exceed Expectations
PRNewswire (January 30, 2003
)
COLUMBIA, Md., Jan. 30 /PRNewswire-FirstCall/ -- MICROS Systems, Inc. , a leading supplier of information systems to the hospitality industry, today announced the results for its fiscal 2003 second quarter ended December 31, 2002. Revenue for the quarter was $95.5 million, an increase of $4.6 million, or 5.1%, over the same period last year. Net income for the quarter was $4.9 million, an incre
- More People in Nevada, Especially Military, Eligible for EITC; Volunteers, IRS.gov Stand Ready to Help
PRNewswire (January 30, 2003
)
WASHINGTON, Jan. 30 /PRNewswire/ -- The Internal Revenue Service today reminded taxpayers that changes in the Earned Income Tax Credit (EITC) law will expand the number of low-income working taxpayers, especially military personnel, who qualify for tax relief. The IRS urged taxpayers to review EITC requirements to determine their eligibility.
- More People in Indiana, Especially Military, Eligible for EITC; Volunteers, IRS.gov Stand Ready to Help
PRNewswire (January 30, 2003
)
WASHINGTON, Jan. 30 /PRNewswire/ -- The Internal Revenue Service today reminded taxpayers that changes in the Earned Income Tax Credit (EITC) law will expand the number of low-income working taxpayers, especially military personnel, who qualify for tax relief. The IRS urged taxpayers to review EITC requirements to determine their eligibility.
- More People in California, Especially Military, Eligible for EITC; Volunteers, IRS.gov Stand Ready to Help
PRNewswire (January 30, 2003
)
WASHINGTON, Jan. 30 /PRNewswire/ -- The Internal Revenue Service today reminded taxpayers that changes in the Earned Income Tax Credit (EITC) law will expand the number of low-income working taxpayers, especially military personnel, who qualify for tax relief. The IRS urged taxpayers to review EITC requirements to determine their eligibility.
- Asset Decline Hits Janus Earnings
Reuters (January 30, 2003
)
DENVER (Reuters) - Newly reorganized mutual fund company Janus Capital Group Inc. <JNS.N>, whose stock portfolios have been hard hit by the market downturn, said on Thursday its quarterly net income fell sharply as its assets under management and revenues declined.
- More People in Minnesota, Especially Military, Eligible for EITC; Volunteers, IRS.gov Stand Ready to Help
PRNewswire (January 30, 2003
)
WASHINGTON, Jan. 30 /PRNewswire/ -- The Internal Revenue Service today reminded taxpayers that changes in the Earned Income Tax Credit (EITC) law will expand the number of low-income working taxpayers, especially military personnel, who qualify for tax relief. The IRS urged taxpayers to review EITC requirements to determine their eligibility.
- USA Technologies to Hold Annual Shareholders Meeting on February 14th
PRNewswire (January 30, 2003
)
LANCASTER, Pa., Jan. 30 /PRNewswire-FirstCall/ -- USA Technologies, Inc., (BULLETIN BOARD: USTT) , a leader in wireless e-business, cash-less transactions and associated financial/network services, announced today that it would hold its Annual Shareholders Meeting on Friday, February 14 at 10 a.m. EST at The Chester Valley Golf Club, 430 Swedesford Road, Malvern, PA 19355.
- CME Profit Up on Increased Trading Volume
Reuters (January 30, 2003
)
CHICAGO (Reuters) - Chicago Mercantile Exchange Inc. <CME.N>, parent of the world's No. 2 futures exchange, said on Thursday quarterly net profit rose as the exchange benefited from increased trading volume.
- More People in Arizona, Especially Military, Eligible for EITC; Volunteers, IRS.gov Stand Ready to Help
PRNewswire (January 30, 2003
)
WASHINGTON, Jan. 30 /PRNewswire/ -- The Internal Revenue Service today reminded taxpayers that changes in the Earned Income Tax Credit (EITC) aw will expand the number of low-income working taxpayers, especially military personnel, who qualify for tax relief. The IRS urged taxpayers to review EITC requirements to determine their eligibility.
- More People in Oklahoma, Especially Military, Eligible for EITC; Volunteers, IRS.gov Stand Ready to Help
PRNewswire (January 30, 2003
)
WASHINGTON, Jan. 30 /PRNewswire/ -- The Internal Revenue Service today reminded taxpayers that changes in the Earned Income Tax Credit (EITC) law will expand the number of low-income working taxpayers, especially military personnel, who qualify for tax relief. The IRS urged taxpayers to review EITC requirements to determine their eligibility.
- SunTrust Launches Online Resource Center for Small Businesses
PRNewswire (January 30, 2003
)
ATLANTA, Jan. 30 /PRNewswire-FirstCall/ -- SunTrust Banks, Inc. announced today that it has launched an online Small Business Resource Center, located at www.suntrustsbrc.com to assist owners with their day-to-day business activities. The new Web site is part of a SunTrust strategy to build on its strength in serving the small business market.
- More People in Connecticut, Especially Military, Eligible for EITC; Volunteers, IRS.gov Stand Ready to Help
PRNewswire (January 30, 2003
)
WASHINGTON, Jan. 30 /PRNewswire/ -- The Internal Revenue Service today reminded taxpayers that changes in the Earned Income Tax Credit (EITC) law will expand the number of low-income working taxpayers, especially military personnel, who qualify for tax relief. The IRS urged taxpayers to review EITC requirements to determine their eligibility.
- More People in New York, Especially Military, Eligible For EITC; Volunteers, IRS.gov Stand Ready to Help
PRNewswire (January 30, 2003
)
WASHINGTON, Jan. 30 /PRNewswire/ -- The Internal Revenue Service today reminded taxpayers that changes in the Earned Income Tax Credit (EITC) law will expand the number of low-income working taxpayers, especially military personnel, who qualify for tax relief. The IRS urged taxpayers to review EITC requirements to determine their eligibility.
- More People in Alabama, Especially Military, Eligible for EITC; Volunteers, IRS.gov Stand Ready to Help
PRNewswire (January 30, 2003
)
WASHINGTON, Jan. 30 /PRNewswire/ -- The Internal Revenue Service today reminded taxpayers that changes in the Earned Income Tax Credit (EITC) law will expand the number of low-income working taxpayers, especially military personnel, who qualify for tax relief. The IRS urged taxpayers to review EITC requirements to determine their eligibility.
- More People in New Jersey, Especially Military, Eligible for EITC; Volunteers, IRS.gov Stand Ready to Help
PRNewswire (January 30, 2003
)
WASHINGTON, Jan. 30 /PRNewswire/ -- The Internal Revenue Service today reminded taxpayers that changes in the Earned Income Tax Credit (EITC) law will expand the number of low-income working taxpayers, especially military personnel, who qualify for tax relief. The IRS urged taxpayers to review EITC requirements to determine their eligibility.
- More People in Missouri, Especially Military, Eligible for EITC; Volunteers, IRS.gov Stand Ready to Help
PRNewswire (January 30, 2003
)
WASHINGTON, Jan. 30 /PRNewswire/ -- The Internal Revenue Service today reminded taxpayers that changes in the Earned Income Tax Credit (EITC) law will expand the number of low-income working taxpayers, especially military personnel, who qualify for tax relief. The IRS urged taxpayers to review EITC requirements to determine their eligibility.
- American Express Retirement Services Unveils Comprehensive Advice and Guidance Platform; Selects Morningstar(R) ClearFuture(R) Online and Phone Center Applications
PRNewswire (January 30, 2003
)
MINNEAPOLIS, Jan. 30 /PRNewswire/ -- American Express Retirement Services announced today that it has selected Morningstar Associates, LLC, to provide the independent investment advice component of its retirement plan advice and guidance platform. The new offering, scheduled to be introduced this summer, combines the power of Morningstar(R) ClearFuture(R), a leading investment advice and guidanc
- More People in Rhode Island, Especially Military, Eligible for EITC; Volunteers, IRS.gov Stand Ready to Help
PRNewswire (January 30, 2003
)
WASHINGTON, Jan. 30 /PRNewswire/ -- The Internal Revenue Service today reminded taxpayers that changes in the Earned Income Tax Credit (EITC) law will expand the number of low-income working taxpayers, especially military personnel, who qualify for tax relief. The IRS urged taxpayers to review EITC requirements to determine their eligibility.
- More People in Michigan, Especially Military, Eligible for EITC; Volunteers, IRS.gov Stand Ready to Help
PRNewswire (January 30, 2003
)
WASHINGTON, Jan. 30 /PRNewswire/ -- The Internal Revenue Service today reminded taxpayers that changes in the Earned Income Tax Credit (EITC) law will expand the number of low-income working taxpayers, especially military personnel, who qualify for tax relief. The IRS urged taxpayers to review EITC requirements to determine their eligibility.
- First Federal Reports Regular Quarterly Dividend
PRNewswire (January 30, 2003
)
LA CROSSE, Wis., Jan. 30 /PRNewswire-FirstCall/ -- The Board of Directors of First Federal Capital Corp , parent company of First Federal Savings Bank La Crosse - Madison, announced the declaration of the company's regular quarterly dividend of $.13 per share. The cash dividend will be payable March 13, 2003 to shareholders of record on February 20, 2003.
- MicroStrategy Profitable in Q4 2002 and Full Year 2002
PRNewswire (January 30, 2003
)
MCLEAN, Va., Jan. 30 /PRNewswire-FirstCall/ -- MicroStrategy(R) Incorporated , a leading worldwide provider of business intelligence software, today announced its financial results for the three- month period ended December 31, 2002 (the fourth quarter of its 2002 fiscal year), reporting its fourth consecutive quarter of GAAP profitability and full year earnings of $3.12 per share on a diluted ba
- Equifax and Military Advantage to Launch Military Credit Education Center
PRNewswire (January 30, 2003
)
ATLANTA, Jan. 30 /PRNewswire-FirstCall/ -- Equifax Inc. and Military Advantage (www.Military.com ) today announced the launch of the Military Credit Education Center, a comprehensive online resource to educate and empower military personnel to manage their credit health.
- More People in Maryland, Especially Military, Eligible for EITC; Volunteers, IRS.gov Stand Ready to Help
PRNewswire (January 30, 2003
)
WASHINGTON, Jan. 30 /PRNewswire/ -- The Internal Revenue Service today reminded taxpayers that changes in the Earned Income Tax Credit (EITC) law will expand the number of low-income working taxpayers, especially military personnel, who qualify for tax relief. The IRS urged taxpayers to review EITC requirements to determine their eligibility.
- Money Funds Fall in Latest Week
AP (January 30, 2003)
NEW YORK (AP) - Assets of the nation's retail money market mutual funds fell by $5.51 billion in the latest week to $1.035 trillion, the Investment Company Institute said Thursday.
- More People in Iowa, Especially Military, Eligible for EITC; Volunteers, IRS.gov Stand Ready to Help
PRNewswire (January 30, 2003
)
WASHINGTON, Jan. 30 /PRNewswire/ -- The Internal Revenue Service today reminded taxpayers that changes in the Earned Income Tax Credit (EITC) law will expand the number of low-income working taxpayers, especially military personnel, who qualify for tax relief. The IRS urged taxpayers to review EITC requirements to determine their eligibility.
- UAW Sues ULLICO to Force Release of Thompson Report
PRNewswire (January 30, 2003
)
DETROIT, Jan. 30 /PRNewswire/ -- The UAW will today file a lawsuit in U.S. District Court in Detroit against ULLICO (Union Labor Life Insurance Company), seeking the release of the report by former Illinois Governor James R. Thompson regarding allegations of improper stock trading by certain members of ULLICO's Board of Directors.
- More People in Mississippi, Especially Military, Eligible for EITC; Volunteers, IRS.gov Stand Ready to Help
PRNewswire (January 30, 2003
)
WASHINGTON, Jan. 30 /PRNewswire/ -- The Internal Revenue Service today reminded taxpayers that changes in the Earned Income Tax Credit (EITC) law will expand the number of low-income working taxpayers, especially military personnel, who qualify for tax relief. The IRS urged taxpayers to review EITC requirements to determine their eligibility.
- More People in Ohio, Especially Military, Eligible for EITC; Volunteers, IRS.gov Stand Ready to Help
PRNewswire (January 30, 2003
)
WASHINGTON, Jan. 30 /PRNewswire/ -- The Internal Revenue Service today reminded taxpayers that changes in the Earned Income Tax Credit (EITC) law will expand the number of low-income working taxpayers, especially military personnel, who qualify for tax relief. The IRS urged taxpayers to review EITC requirements to determine their eligibility.
- MAF Bancorp Announces 20% Increase in Quarterly Cash Dividend
PRNewswire (January 29, 2003
)
CLARENDON HILLS, Ill., Jan. 29 /PRNewswire-FirstCall/ -- MAF Bancorp, Inc. (MAFB), announced today that its Board of Directors has approved a 20% increase in the quarterly cash dividend. The dividend will increase to 18 cents per share from the current level of 15 cents per share. The next cash dividend will be paid on April 3, 2003 to shareholders of record on March 13, 2003. This is the Comp
- Broker, Firm Ordered to Pay Millions
AP (January 29, 2003)
CHARLOTTE, N.C. (AP) - A broker and a securities firm now owned by Wachovia Corp. was ordered on Wednesday to pay an investor $17.8 million in damages, including more than $12 million in punitive damages.
- Home Mortgage Demand Rose on Low Rates
Reuters (January 29, 2003
)
NEW YORK (Reuters) - The number of Americans applying for home mortgages rose last week as rates remained stubbornly low, an industry survey found, encouraging home owners to take advantage of a drop in borrowing costs.
- SLM Corporation (NYSE: SLM) Announces First-Quarter Dividends
PRNewswire (January 29, 2003
)
RESTON, Va., Jan. 29 /PRNewswire-FirstCall/ -- SLM Corporation , commonly known as Sallie Mae and the nation's leading provider of education funding, today announced a 2003 first-quarter dividend on its common stock of $.25 per share. The dividend on the common stock will be paid on March 21, 2003 to shareholders of record at the close of business on March 7, 2003.
- Marsh & McLennan Fees Boost Profit
Reuters (January 29, 2003
)
BOSTON (Reuters) - Marsh & McLennan Cos. Inc. <MMC.N>, the world's No. 1 insurance broker, on Wednesday said profit more than doubled in the fourth quarter as higher insurance fees outweighed lower earnings at its money-management unit.
- Southside Bancshares, Inc. Announces Increase in Cash Dividend
PRNewswire (January 29, 2003
)
TYLER, Texas, Jan. 29 /PRNewswire-FirstCall/ -- The Board of Directors of Southside Bancshares, Inc. , parent company of Southside Bank, approved an increase in the regular cash dividend for 2003 to $0.32 per common share from $0.28 per common share during 2002. This represents an increase in the regular cash dividend of 14.3% or $0.04 per common share.
- Comerica´s Detroit Comeback Index Registered Fractional Dip For Third Quarter 2002
PRNewswire (January 29, 2003
)
DETROIT, Jan. 29 /PRNewswire-FirstCall/ -- The Detroit Comeback Index compiled by Comerica Bank, which tracks the progress of the city of Detroit's economic turnaround, averaged 119.4 during third quarter 2002, down 0.9 points from 120.3 in the second quarter of 2002.
- Owens & Minor Announces First Quarter 2003 Cash Dividend
PRNewswire (January 29, 2003
)
RICHMOND, Va., Jan. 29 /PRNewswire-FirstCall/ -- Owens & Minor announced today that its board of directors approved the payment of the first quarter 2003 cash dividend in the amount of $0.08 per share. The cash dividend is payable on March 31, 2003 to shareholders of record as of March 13, 2003. The company currently has approximately 34,112,284 common shares outstanding.
- H&R Block´s New DeductionPro Software Helps Taxpayers Save; Turns Charitable Donations Into Tax Savings
PRNewswire (January 29, 2003
)
KANSAS CITY, Mo., Jan. 29 /PRNewswire-FirstCall/ -- Millions of Americans each year overpay their taxes by neglecting to claim the full value of their charitable donations.
- Owens & Minor Achieves Strong Earnings for 2002 On a Fourth Quarter Highlighted by Improving Sales Growth
PRNewswire (January 29, 2003
)
RICHMOND, Va., Jan. 29 /PRNewswire-FirstCall/ -- Owens & Minor today reported that sales for the year ended December 31, 2002 were $3.96 billion, up 4 percent from sales of $3.81 billion in 2001. Earnings per diluted common share (EPS) for the year were $1.30, up $0.13, or 11 percent from 2001, excluding unusual items and goodwill amortization. Income for 2002 was $48.7 million, up $5.9 mi
- ExpressJet Holdings, Inc. to Present at Raymond James Growth Airline Conference
PRNewswire (January 29, 2003
)
HOUSTON, Jan. 29 /PRNewswire-FirstCall/ -- ExpressJet Holdings, Inc. today announced that the company's President and CEO Jim Ream will present an update on ExpressJet Airlines at the Raymond James & Associates Growth Airline Conference on Jan. 30, 2003, at 9:30 a.m. EST in New York City.
- Cooper Cameron to Webcast Conference Presentation
PRNewswire (January 29, 2003
)
HOUSTON, Jan. 29 /PRNewswire-FirstCall/ -- Cooper Cameron Corporation Chairman, President and Chief Executive Officer Sheldon R. Erikson and Senior Vice President and CFO Franklin Myers will appear at Credit Suisse First Boston's 2003 Energy Summit on Wednesday, February 5, 2003. Their remarks will be available on a live webcast.
- WGL Holdings, Inc. Reports Significantly Higher First Quarter Results for Fiscal Year 2003
PRNewswire (January 29, 2003
)
WASHINGTON, Jan. 29 /PRNewswire-FirstCall/ -- WGL Holdings, Inc. (the Company), the parent company of Washington Gas Light Company and other energy-related subsidiaries, today reported net income for the three months ended December 31, 2002, the first quarter of its fiscal year 2003, of $51.6 million, or $1.06 per share, a 71 percent improvement in net income over the same period last year. For
- Two Arizona Companies Receive Business Alliance Awards
PRNewswire (January 29, 2003
)
FORT BELVOIR, Va., Jan. 29 /PRNewswire/ -- Gill Marketing Company and Government Liquidation LLC, both with headquarters in Arizona, are two of 17 industry partners to be honored Jan. 29 with Business Alliance Awards presented by the Defense Logistics Agency in Springfield, Va.
- Portfolio Recovery Associates to Announce Fourth Quarter 2002 Results on February 10, 2003
PRNewswire (January 29, 2003
)
NORFOLK, Va., Jan. 29 /PRNewswire-FirstCall/ -- Portfolio Recovery Associates, Inc. , a company that purchases, collects and manages portfolios of defaulted consumer receivables, will announce its fourth quarter and full-year 2002 results on February 10, 2003.
- Lexington Corporate Properties Trust Announces Fourth Quarter and Twelve Month Results
PRNewswire (January 29, 2003
)
NEW YORK, Jan. 29 /PRNewswire-FirstCall/ -- Lexington Corporate Properties Trust , a real estate investment trust, today announced results for its fourth quarter and twelve months ended December 31, 2002.
- Wells Financial Corp. Announces Increased Cash Dividend
PRNewswire (January 29, 2003
)
WELLS, Minn., Jan. 29 /PRNewswire-FirstCall/ -- Lonnie R. Trasamar, President of Wells Financial Corp. (the Company) , Wells, Minnesota, the holding company of Wells Federal Bank, fsb, (the Bank), announced that on January 28, 2003, the Company's Board of Directors declared a quarterly cash dividend of $0.20 per share to shareholders of record on February 10, 2003, payable on February 24, 2003.
- BNCCORP Reports 2002 Net Income of $2.04 Million
PRNewswire (January 29, 2003
)
BISMARCK, N.D., Jan. 29 /PRNewswire-FirstCall/ -- BNCCORP, Inc. today reported sharply higher net income for the full year and fourth quarter of 2002. Net income was $2.04 million, or $0.75 per common share on a diluted basis, for the year ended December 31, 2002. Earnings for the 2002 fourth quarter were $794,000, or $0.28 per share on a diluted basis. The Company, which operates banking, ins
- Diebold Announces Record Fourth Quarter and Year-End Results
PRNewswire (January 29, 2003
)
NORTH CANTON, Ohio, Jan. 29 /PRNewswire-FirstCall/ -- Diebold, Incorporated today reported fourth quarter record revenue of $525,829,000 and net income of $21,931,000 or diluted earnings per share of $.30, which includes the previously announced impact of settling the dispute with the IRS regarding the deductibility of interest on debt related to corporate owned life insurance (COLI).
- Statement of Ronald Safran Regarding SEC Action in Xerox Matter
PRNewswire (January 29, 2003
)
NEW YORK, Jan. 29 /PRNewswire/ -- Ronald Safran's attorney, Martin L. Perschetz of Schulte Roth & Zabel LLP., issued the following statement today on behalf of Mr. Safran:
- Crawford & Company Board Declares Quarterly Dividend
PRNewswire (January 29, 2003
)
ATLANTA, Jan. 29 /PRNewswire-FirstCall/ -- On January 28, 2003, at its regular quarterly meeting, the Board of Directors of Crawford & Company declared quarterly dividends of $0.06 per share on the Class A Common Stock and $0.06 per share on the Class B Common Stock, payable on February 21, 2003, to shareholders of record as of the close of business on February 10, 2003.
- SEC to Consider More Mutual Fund Reforms
AP (January 29, 2003)
WASHINGTON (AP) - Federal regulators will consider new rules to tighten internal controls within mutual fund companies and will open to public review the idea of creating a self-policing organization for the powerful mutual fund industry.
- University of Illinois Study Shows Casinos´ Better Deal for Illinois Would Inject $2.2 Billion, 26,000 New Jobs Into State Economy
PRNewswire (January 29, 2003
)
SPRINGFIELD, Ill., Jan. 29 /PRNewswire/ -- A proposal by the Illinois casino industry would add $2.2 billion annually and 26,000 new jobs to the industry's already significant economic contributions to the state, according to a University of Illinois economic impact study released today by the Illinois State Chamber of Commerce.
- FBR Asset Investment Corporation Reports Earnings per Share of $1.30 for the Fourth Quarter of 2002
PRNewswire (January 29, 2003
)
ARLINGTON, Va., Jan. 29 /PRNewswire-FirstCall/ -- FBR Asset Investment Corporation today announced record earnings for 2002. Net income was $117.1 million or $5.72 per fully diluted share for the year ended December 31, 2002 compared to $23.1 million or $4.17 per fully diluted share for the year ended December 31, 2001. For the quarter ended December 31, 2002, net income was $32.9 million or $
- Arthur J. Gallagher & Co. Announces Fourth Quarter Financial Results
PRNewswire (January 29, 2003
)
ITASCA, Ill., Jan. 29 /PRNewswire-FirstCall/ -- Arthur J. Gallagher & Co. today reported its financial results for the fourth quarter and year ended December 31, 2002.
- Defense Logistics Agency Announces Business Alliance Awards
PRNewswire (January 29, 2003
)
FORT BELVOIR, Va., Jan. 29 /PRNewswire/ -- The Defense Logistics Agency will honor 17 industry partners, customers and individuals Jan. 29 with its Business Alliance Awards in Springfield, Va. The awards recognize those who have demonstrated outstanding efforts to partner with DLA and improve the agency's mission -- providing supplies and services to America's war fighters.
- Zurich Life Offers New Competitive Rates and Exceptional Processing for Its Most Popular Term Life Product
PRNewswire (January 29, 2003
)
SCHAUMBURG, Ill., Jan. 29 /PRNewswire/ -- Zurich Life, formerly known as Zurich Kemper Life, announces new, lower rates for its most popular term life product Certain-T. Rates have been reduced for guaranteed level premiums for 5, 10, 15, 20 and 30-year plans.
- Georgia Individual and Business Receive Business Alliance Award
PRNewswire (January 29, 2003
)
FORT BELVOIR, Va., Jan. 29 /PRNewswire/ -- Air Force Col. Charles R. Davis and Middle Georgia Diversified Industries Inc. are two of 17 industry partners to be honored Jan. 29 with Business Alliance Awards presented by the Defense Logistics Agency in Springfield, Va.
- New Wachovia Securities DMA Account Features 16 Managers, 21 Styles
PRNewswire (January 29, 2003
)
RICHMOND, Va., Jan. 29 /PRNewswire-FirstCall/ -- Wachovia Securities today introduced an enhanced multiple-style account program, known as Diversified Managed Allocations (DMA), using 16 unaffiliated managers and 21 different investment styles. The new advisory program represents a significant enhancement on existing multiple-style accounts, offering investors with as little as $150,000 the oppo
- ExxonMobil Licenses Integrated Suite of Allegro Application Software
PRNewswire (January 29, 2003
)
DALLAS, Jan. 29 /PRNewswire/ -- Allegro Development announced today that ExxonMobil Gas and Power Marketing Company has licensed Allegro's Natural Gas, Natural Gas Liquids, Power and Risk Management application software for its global standard operational system, replacing legacy systems and interfacing to other applications.
- NASA Receives Business Alliance Award
PRNewswire (January 29, 2003
)
FORT BELVOIR, Va., Jan. 29 /PRNewswire/ -- The National Aeronautics and Space Administration is one of 17 industry partners to be honored Jan. 29 with a Business Alliance Award presented by the Defense Logistics Agency in Springfield, Va. The awards recognize those who have demonstrated outstanding efforts to partner with DLA and improve the agency's mission -- providing supplies and services to
- Clover Leaf Financial Corp. Reports Fourth Quarter Earnings
PRNewswire (January 29, 2003
)
EDWARDSVILLE, Ill., Jan. 29 /PRNewswire-FirstCall/ -- Clover Leaf Financial Corp. (BULLETIN BOARD: CLOV) , the parent company of Clover Leaf Bank, SB of Edwardsville, Illinois (the "Bank") today announced that net income for the three months ended December 31, 2002 was $142,000, compared to net income of $23,000 for the three months ended December 31, 2001. Net income for the year en
- Friedman, Billings, Ramsey Group Reports Fourth Quarter 2002 Results Net Income of $10.1 million, or $0.22 per Share (Basic) for the Quarter
PRNewswire (January 29, 2003
)
ARLINGTON, Va., Jan. 29 /PRNewswire-FirstCall/ -- Friedman, Billings, Ramsey Group, Inc. today reported net income after tax of $10.1 million, or $0.22 (basic), $0.21 (diluted) per share on revenues of $58.9 million, for the quarter ended December 31, 2002, compared to net income before extraordinary gain of $9.6 million, or $0.21 (basic and diluted) per share on revenues of $61.4 million in the
- Principal Financial to Lay Off 500
AP (January 29, 2003)
DES MOINES, Iowa (AP) - Principal Financial Group Inc. said Wednesday it will lay off about 500 employees as it restructures its home mortgage business.
- NYSE Fines H&R Block, E*Trade Units
Reuters (January 29, 2003
)
NEW YORK (Reuters) - The New York Stock Exchange said on Wednesday that it took disciplinary action against units of H&R Block Inc. <HRB.N> and E*Trade Group Inc. <ET.N> for violations of NYSE rules.
- ´Voices´ Coalition: Will the FCC Undercut The President´s Economic Growth Plan?
PRNewswire (January 29, 2003
)
WASHINGTON, Jan. 29 /PRNewswire/ -- On Tuesday night, President Bush delivered his State of the Union address, announcing "Our first goal is clear: We must have an economy that grows fast enough to employ every man and woman who seeks a job ... (The) economy grows when Americans have more money to spend and invest ... "
- Capital Bank Corporation to Present at Southeast 2003 Super-Community Bank Conference February 5, 2003
PRNewswire (January 29, 2003
)
RALEIGH, N.C., Jan. 29 /PRNewswire-FirstCall/ -- Capital Bank Corporation , one of the nation's fastest growing community banking organizations, will be presenting at the Southeast 2003 Super-Community Bank Conference to be held in Arlington, Virginia, on February 5, 2003. James A. Beck, President and Chief Executive Officer, will discuss the company's vision, strategy, and financial performance
- WorldCom Issues November 2002 Operating Results
PRNewswire (January 29, 2003
)
CLINTON, Miss., Jan. 29 /PRNewswire-FirstCall/ -- WorldCom, Inc. today filed its November 2002 Monthly Operating Report with the U.S. Bankruptcy Court for the Southern District of New York. During the month of November 2002, WorldCom recorded $2.2 billion in revenue, an operating loss from continuing operations of $163 million and a net loss from continuing operations of $194 million.
- Franklin Bancorp Declares $0.08 Quarterly Cash Dividend on Common Stock
PRNewswire (January 29, 2003
)
SOUTHFIELD, Mich., Jan. 29 /PRNewswire-FirstCall/ -- The Board of Directors of Franklin Bancorp, Inc. , declared the payment of a cash dividend to common shareholders of $0.08 per share to be paid on February 24, 2003 to shareholders of record on February 10, 2003. At December 31, 2002 there were 3,647,695 common shares outstanding.
- Heritage Bankshares, Inc. Reports an 8% Increase in Fourth Quarter Earnings and a 12% Increase in Year End 2002 Earnings
PRNewswire (January 29, 2003
)
NORFOLK, Va., Jan. 29 /PRNewswire-FirstCall/ -- Heritage Bankshares, Inc., (BULLETIN BOARD: HBKS) the parent company of Heritage Bank & Trust (http://www.heritagenorfolk.com) today reported fourth quarter net income of $359 thousand or $.43 per share (diluted), up from $331 thousand or $.41 per share reported a year ago.
- Equifax Declares Quarterly Dividend
PRNewswire (January 29, 2003
)
ATLANTA, Jan. 29 /PRNewswire-FirstCall/ -- The Board of Directors of Equifax Inc. today declared a quarterly dividend of $.02 per share, payable on March 14, 2003, to shareholders of record as of February 21, 2003. Equifax has paid cash dividends for 90 consecutive years.
- /C O R R E C T I O N -- WorldCom, Inc./
PRNewswire (January 29, 2003
)
, Jan. 29 /PRNewswire/ -- In the news release, WorldCom (WCOEQ, MCWEQ) Issues November 2002 Operating Results, issued earlier today by WorldCom, Inc. over PR Newswire, we are advised by the company that the third paragraph, first sentence, should read "WorldCom ended November with approximately $2.3 billion" instead of "ended October" as originally issued inadvertently.
- Owens & Minor Invites You to Join Its Year-End and Fourth Quarter 2002 Conference Call on the Web
PRNewswire (January 29, 2003
)
Richmond, Va., Jan. 22 /PRNewswire-FirstCall/ -- In conjunction with Owens & Minor's Year-End and Fourth Quarter 2002 financial results, you are invited to listen to its conference call that will be broadcast live over the Internet on Thursday, January 30, 2003 at 8:30 am Eastern Time with G. Gilmer Minor, III, Chairman and Chief Executive Officer of Owens & Minor, who will lead the disc
- NBC Capital Corporation Reports Record Results for 2002
PRNewswire (January 29, 2003
)
STARKVILLE, Miss., Jan. 29 /PRNewswire-FirstCall/ -- NBC Capital Corporation , the holding company for National Bank of Commerce, today reported record results for the year ended December 31, 2002.
- Atlantic Coast Airlines Holdings, Inc. Reports Fourth Quarter and Year-End 2002 Financial and Operating Results
PRNewswire (January 29, 2003
)
DULLES, Va., Jan. 29 /PRNewswire-FirstCall/ -- Atlantic Coast Airlines Holdings, Inc. , parent of Atlantic Coast Airlines (ACA), which operates flights as United Express and Delta Connection in the Eastern and Midwestern United States as well as Canada, today reported annual net income of $39.3 million ($0.85 per diluted share) compared to 2001 net income of $34.3 million ($0.76 per diluted share
- Salomon Brothers Worldwide Income Fund Inc Announces a Dividend from Ordinary Income of $0.11875 Per Share for March, April and May 2003
PRNewswire (January 29, 2003
)
NEW YORK, Jan. 29 /PRNewswire-FirstCall/ -- Salomon Brothers Worldwide Income Fund Inc, which is listed on the New York Stock Exchange under the symbol "SBW," announced a dividend from ordinary income of $0.11875 per share. The dividend distribution schedules for the months of March, April and May 2003 appear below:
- Equity International Announces Investment in Desarrolladora Homex
PRNewswire (January 29, 2003
)
CHICAGO, Jan. 29 /PRNewswire/ -- Equity International Properties Ltd. (EIP) has made a US$ 32 million investment in Desarrolladora Homex S.A. de C.V. (Homex), a nationally recognized and fully-integrated housing company headquartered in Culiacan, Mexico. The company develops, constructs, and sells affordable single family homes, primarily for first time buyers. Homex's strategy is to focus opera
- Two Maryland Companies Receive Business Alliance Award
PRNewswire (January 29, 2003
)
FORT BELVOIR, Va., Jan. 29 /PRNewswire/ -- Smith Eastern Corporation and the Plant Equipment Support Office, both based in Maryland, are two of 17 industry partners to be honored Jan. 29 with Business Alliance Awards presented by the Defense Logistics Agency in Springfield, Va.
- Fuego(TM) Launches First Complete Business Process Management Solution For The Banking Industry
PRNewswire (January 29, 2003
)
DALLAS, Jan. 29 /PRNewswire/ -- Fuego, Inc. announced today Fuego for Banking -- a business process management solution built on Fuego's award winning Business Process Management System (BPMS). With this solution, banks can adapt to changing operating conditions and significantly improve the performance of critical customer facing processes. The first in a planned series of industry-specific bu
- Bank One to Cut 700 Jobs in Chicago
Reuters (January 29, 2003
)
NEW YORK (Reuters) - Bank One Corp. <ONE.N>, the No. 6 U.S. banking company, said on Wednesday it plans to cut 700 jobs in Chicago, as its retail and commercial banking operations consolidate support units to curb costs.
- Northeast Indiana Bancorp, Inc. Announces Eighth Annual Shareholder Meeting Date and Quarterly Cash Dividend
PRNewswire (January 29, 2003
)
HUNTINGTON, Ind., Jan. 29 /PRNewswire-FirstCall/ -- Northeast Indiana Bancorp, Inc., (NEIB) , the parent company of First Federal Savings Bank, has announced that the Corporation will hold its eighth annual shareholders' meeting on April 23, 2003 at 1:00 PM eastern standard time. The meeting will be held in the boardroom of First Federal Savings Bank at 100 Frontage Road, Huntington, Indiana. T
- Warden Associates Receives Business Alliance Award
PRNewswire (January 29, 2003
)
FORT BELVOIR, Va., Jan. 29 /PRNewswire/ -- Warden Associates Inc. is one of 17 industry partners to be honored Jan. 29 with a Business Alliance Award presented by the Defense Logistics Agency in Springfield. The awards recognize those who have demonstrated outstanding efforts to partner with DLA and improve the agency's mission -- providing supplies and services to America's war fighters.
- MAF Bancorp Reports Fourth Quarter Earnings Of $.85 Per Diluted Share And Calendar 2002 Record Results Of $3.11 Per Diluted Share
PRNewswire (January 28, 2003
)
CLARENDON HILLS, Ill., Jan. 28 /PRNewswire-FirstCall/ -- MAF Bancorp, Inc. (MAFB) announced today that earnings per share for the fourth quarter ended December 31, 2002 totaled $.85 per diluted share, up 10.4% from the $.77 per diluted share reported for last year's fourth quarter. For calendar 2002, the Company reported record results of $3.11 per diluted share, 21.5% ahead of the results repo
- Federal Trust Corporation Announces 62% Profit Improvement In 2002 Earnings To $2.1 Million/$.34 EPS
PRNewswire (January 28, 2003
)
, Jan. 28 /PRNewswire/ -- Assets Reach $368 Million
- CompleteAssistant Offers Customers Personal Concierge Services
PRNewswire (January 28, 2003
)
RICHMOND, Va., Jan. 28 /PRNewswire/ -- CompleteAssistant -- a new tool to help companies acquire and retain customers by providing them with personal concierge services -- is being launched today by Trilegiant Loyalty Solutions and VIPdesk.
- Morningstar Stocks 500 and Morningstar Funds 500 Now Available
PRNewswire (January 28, 2003
)
CHICAGO, Jan. 28 /PRNewswire/ -- Morningstar's two annual reference guides, Morningstar Stocks 500(TM) and Morningstar Funds 500(TM), which provide full-page, independent analysis on 500 of the most popular stocks and funds, are now available at bookstores and libraries everywhere.
- MidCarolina Financial Corporation Announces 66% Increase In Net Income for 2002
PRNewswire (January 28, 2003
)
BURLINGTON, N.C., Jan. 28 /PRNewswire-FirstCall/ -- MidCarolina Financial Corporation (BULLETIN BOARD: MCFI) today reported record operating results for both the three-month and year then ended December 31, 2002. For the year ended December 31, 2002, MidCarolina reported net income of $1.3 million, an increase of 66% when compared to the $767,000 reported for the year 2001. Diluted earnings pe
- Surrey Bank & Trust Reports $1,047,308 in Year-End Earnings
PRNewswire (January 28, 2003
)
MOUNT AIRY, N.C., Jan. 28 /PRNewswire-FirstCall/ -- Mount Airy based Surrey Bank & Trust (BULLETIN BOARD: SRBT) posted earnings of $1,047,308 in 2002. This equates to earnings of $1.01 per fully diluted share. In comparison, Surrey Bank reported 2001 earnings of $517,145 or $.52 per fully diluted share. This equates to a 103% increase in profitability. The growth rate in earnings was th
- National City Presents Teleseminar: Iraqaphobia, Uncertainty and Tax Reform
PRNewswire (January 28, 2003
)
CLEVELAND, Jan. 28 /PRNewswire-FirstCall/ -- National City Corporation will hold an informative teleseminar "Iraqaphobia, Uncertainty and Tax Reform. Does the Cure Address the Illness?" on Thursday, January 30 from 11:45 a.m. to 12:45 p.m. ET, the first in a four-part series of quarterly updates in 2003 with National City Corporation chief economist, Richard J. DeKaser. Mr. DeKaser w
- Household International Declares Regular Dividend
PRNewswire (January 28, 2003
)
PROSPECT HEIGHTS, Ill., Jan. 28 /PRNewswire-FirstCall/ -- Household International, Inc. announced today that its board of directors declared the regular semi-annual cash dividend on the company's $4.30 Cumulative Preferred Stock of $2.15 per share payable March 31, 2003 to shareholders of record on February 28, 2003.
- Grubb & Ellis Honored for Excellence in Corporate Real Estate Services
PRNewswire (January 28, 2003
)
NEW YORK, Jan. 28 /PRNewswire-FirstCall/ -- Grubb & Ellis Company (BULLETIN BOARD: GBEL) , one of the leading providers of integrated real estate services, today announced it was the honored recipient of the Site Selection/William Dorsey Service Provider Award for the second consecutive year. The Dorsey Award is given in recognition of exceptional contribution to client services and industr
- Franklin Bancorp, Inc. Announces Year-End Earnings of its Subsidiary, Franklin Bank, National Association
PRNewswire (January 28, 2003
)
SOUTHFIELD, Mich., Jan. 28 /PRNewswire-FirstCall/ -- Franklin Bancorp, Inc. , and its wholly-owned subsidiary Franklin Bank, National Association (Franklin) reported consolidated earnings for the year and quarter ended December 31, 2002.
- Federal Trust Corporation Announces First Quarter Dividend
PRNewswire (January 28, 2003
)
SANFORD, Fla., Jan. 28 /PRNewswire-FirstCall/ -- James V. Suskiewich, President and Chief Executive Officer of Federal Trust Corporation announced today that the Company's Board of Directors approved the payment of a quarterly cash dividend of $.01 per share on the Company's common stock to its stockholders. The dividend will be paid to stockholders of record on February 3, 2003 and will be dist
- Halifax Announces Investor Conference Call to be Held on January 30
PRNewswire (January 28, 2003
)
ALEXANDRIA, Va., Jan. 28 /PRNewswire-FirstCall/ -- Halifax Corporation today announced that it plans to hold a conference call on Thursday, January 30, 2003, at 11 a.m. EST to review its financial and operational results for the quarter ended December 31, 2002. Halifax plans to release its financial results before the market opens on January 30, 2003.
- Old Republic Reports Continued Growth In Operating Earnings For 2002 Fourth Quarter And Year
PRNewswire (January 28, 2003
)
- Evans Bancorp Announces 39.8 Percent Growth In Annual Net Income In 2002
PRNewswire (January 28, 2003
)
ANGOLA, N.Y., Jan. 28 /PRNewswire-FirstCall/ -- Evans Bancorp, Inc. the holding company for Evans National Bank, a commercial bank with eight branches in Western New York, and approximately $288.7 million in assets, today reported strong growth in revenue and income for the year and quarter ended December 31, 2002.
- Investment Publication Rated #1 for 10-Year Performance
PRNewswire (January 28, 2003
)
AUSTIN, Texas, Jan. 28 /PRNewswire/ -- All Star Fund Trader announced today that it has been rated Number One for 10-year investment performance in three categories by The Hulbert Financial Digest. The January 2003 issue of The Hulbert Financial Digest, including its "Long Term Performance Ratings" supplement, indicates that All Star Fund Trader has earned the following honors:
- Deluxe Declares Regular Quarterly Dividend
PRNewswire (January 28, 2003
)
ST. PAUL, Minn., Jan. 28 /PRNewswire-FirstCall/ -- The Board of Directors of Deluxe Corporation declared a regular quarterly dividend of 37 cents per share on all outstanding shares of the Company.
- Capital Bank Corporation Reports Record Net Income Up 147% For 4th Quarter and Up 65% For Year
PRNewswire (January 28, 2003
)
RALEIGH, N.C., Jan. 28 /PRNewswire-FirstCall/ -- Capital Bank Corporation , the parent company of Capital Bank, today reported consolidated net income for the fourth quarter of $1,560,000, which is an improvement of $929,000 or 147% when compared to the $631,000 net income reported in the fourth quarter of 2001. The company reported net income per share for the fourth quarter of $.27 per share,
- First Trust Bank Fourth Quarter Income Up 73%
PRNewswire (January 28, 2003
)
CHARLOTTE, N.C., Jan. 28 /PRNewswire-FirstCall/ -- First Trust Bank (BULLETIN BOARD: NCFT) reported fourth quarter and year-end results today. The bank reported net income of $510 thousand or $0.37 per share for the quarter ended December 31, 2002, compared to net income of $294 thousand or 0.21 per share for the same period last year, adjusted for the 20% stock dividend declared in October 200
- Venture Capital Investing Flat in Q4 2002; Full Year 2002 Finishes at 1998 Level
PRNewswire (January 28, 2003
)
WASHINGTON, Jan. 28 /PRNewswire/ -- The steady decline of venture capital abated in the fourth quarter of 2002 with total investments of $4.2 billion, essentially flat from the prior quarter of $4.5 billion, according to the PricewaterhouseCoopers/Venture Economics/National Venture Capital Association MoneyTree Survey. A total of 692 entrepreneurial companies received funding in the fourth quart
- American Community Bancshares, Inc. Announces Record Results For the Year Ended December 31, 2002
PRNewswire (January 28, 2003
)
MONROE, N.C., Jan. 28 /PRNewswire-FirstCall/ -- Randy P. Helton, President and Chief Executive Officer of American Community Bancshares, Inc. (Nasdaq SmallCap: ACBA ACBAW) the holding company for American Community Bank, announced sharply higher unaudited earnings for the year ended December 31, 2002 of $1,300,000, which represents a 74.3% increase over the $746,000 earned in 2001. Earnings per
- Markel Announces Conference Call Date and Time
PRNewswire (January 28, 2003
)
RICHMOND, Va., Jan. 28 /PRNewswire-FirstCall/ -- Markel Corporation announced today it will hold a conference call on Tuesday, February 4, 2003 beginning at 10:30 am (Eastern time) to discuss third quarter financial results.
- CoVest Bancshares, Inc. Reports a 10% Increase in Core Net Income For the Fourth Quarter of 2002 Over The Same Period in 2001
PRNewswire (January 28, 2003
)
DES PLAINES, Ill., Jan. 28 /PRNewswire-FirstCall/ -- CoVest Bancshares, Inc.'s core net income was $1,710,000 for the fourth quarter of 2002, up 10% over $1,548,000 for the same period in 2001. Basic earnings per share on core income was $0.50, an 11% increase compared to $0.45 for the fourth quarter of 2001. Diluted earnings per share on core earnings was $0.48, a 12% increase compared to $0.43
- /C O R R E C T I O N -- Markel Corporation/
PRNewswire (January 28, 2003
)
, Jan. 28 /PRNewswire/ -- In the news release, Markel Announces Conference Call Date and Time, issued earlier today by Markel Corporation over PR Newswire, we are advised by the company that the first paragraph, first sentence, should read "fourth quarter and year-end financial results" rather than "third quarter financial results" as originally issued inadvertently.
- Mercantile Bank Again Offers Tax Preparation On-Line
PRNewswire (January 28, 2003
)
JACKSONVILLE, Fla., Jan. 28 /PRNewswire-FirstCall/ -- Mercantile Bank, a wholly-owned subsidiary of The South Financial Group, Inc. , today announced it is again offering tax services through its web site, www.bankmercantile.com.
- Venture Capital Investment Rolls Back
AP (January 28, 2003)
SAN FRANCISCO (AP) - Venture capitalists finished 2002 plodding at the slowest investment pace in nearly five years as the limping industry continued to pick up the pieces from the high-tech crash.
- Stanley Furniture Announces 12% Sales Growth for the Fourth Quarter and Improved Full Year 2002 Operating Results
PRNewswire (January 28, 2003
)
STANLEYTOWN, Va., Jan. 28 /PRNewswire-FirstCall/ -- Stanley Furniture Company, Inc. today reported improved sales and earnings for the fourth quarter and year ended December 31, 2002. The Company also announced today that its Board of Directors initiated a quarterly cash dividend policy.
- Waddell & Reed Financial, Inc. Reports Fourth Quarter Net Income Of $21.4 Million and Earnings per Share of $0.26
PRNewswire (January 28, 2003
)
OVERLAND PARK, Kan., Jan. 28 /PRNewswire-FirstCall/ -- Waddell & Reed Financial, Inc. today reported fourth quarter net income of $21.4 million, or $0.26 per diluted share. Net income for last year's fourth quarter was $25.0 million, or $0.30 per diluted share, including goodwill amortization of $1.7 million. Beginning January 1, 2002, the amortization of goodwill ceased under new generall
- MountainBank Financial Corporation Reports Record Earnings for 2002 Up 145%
PRNewswire (January 28, 2003
)
HENDERSONVILLE, N.C., Jan. 27 /PRNewswire-FirstCall/ -- MountainBank Financial Corporation (Nasdaq SmallCap: MBFC) today announced that the Company recognized record earnings for 2002. For the year, the Company earned $6.15 million as compared with $2.51 million in 2001, representing an increase in net income of $3.64 million or 145%. Basic earnings per share for the year totaled $1.97 with dil
- American Community Bancshares, Inc. Declares Cash Dividend
PRNewswire (January 28, 2003
)
MONROE, N.C., Jan. 28 /PRNewswire-FirstCall/ -- American Community Bancshares, Inc. (Nasdaq SmallCap: ACBA ACBAW) declared their first annual cash dividend of $.08 on January 27, 2003. The dividend will be payable on March 17, 2003 to shareholders of record on February 28, 2003.
- Mercantile Bankshares Reports Fourth Quarter Results
PRNewswire (January 28, 2003
)
BALTIMORE, Jan. 28 /PRNewswire-FirstCall/ -- Edward J. Kelly, III, President and Chief Executive Officer of Mercantile Bankshares Corporation , today reported that, for the quarter ended December 31, 2002, diluted net income per share was $.70, an increase of 11.1% over the $.63 reported for the fourth quarter last year. Net income for the quarter ended December 31, 2002 was $48,503,000, a 9.7% i
- Ziegler Announces Fourth Quarter Financial Results, Declares Dividend
PRNewswire (January 28, 2003
)
MILWAUKEE, Jan. 28 /PRNewswire-FirstCall/ -- The Ziegler Companies, Inc. , a diversified financial services holding company, today released its financial results for the fourth quarter and year ending December 31, 2002.
- Beach First Announces Strong Earnings Growth in 2002
PRNewswire (January 28, 2003
)
MYRTLE BEACH, S.C., Jan. 28 /PRNewswire-FirstCall/ -- Beach First National Bancshares, Inc. (BULLETIN BOARD: BFNB) , parent of Beach First National Bank, has announced another year of record earnings growth. Net income for year ended December 31, 2002, totaled $707,271, an increase of 54.0% when compared to the $459,294 reported for 2001.
- Hartford Financial Profit Up 79 Percent
Reuters (January 27, 2003
)
HARTFORD, Conn. (Reuters) - Insurer Hartford Financial Services Group Inc. <HIG.N> on Monday said its quarterly profit jumped 79 percent, boosted by rising premium rates, but it cut its 2003 profit forecast as low share prices hurt earnings from stock-linked annuities.
- China Bank Bailout Could Need $290 Bln - Report
Reuters (January 27, 2003
)
BEIJING (Reuters) - China must bail out its ailing state banks soon and may need a staggering $290 billion or more to do the job properly, a Goldman Sachs economist said in a report on Monday.
- CBIZ Webcasts Year-End Conference Call
PRNewswire (January 27, 2003
)
CLEVELAND, Jan. 27 /PRNewswire-FirstCall/ -- Century Business Services, Inc. ("CBIZ") has scheduled a conference call for Tuesday, February 11, 2003 at 11:00 a.m. (EST) to discuss the Company's financial results for the fourth quarter and full year ended December 31, 2002. CBIZ will release its financial results before the market opens the morning of February 11, 2003. At that time,
- Freddie Mac Net Rises on Record Demand
Reuters (January 27, 2003
)
NEW YORK (Reuters) - Freddie Mac <FRE.N>, the No. 2 U.S. mortgage finance company, said on Monday its quarterly earnings rose 25 percent on record volume of home loan issuance spurred by a 36-year low in mortgage rates.
- GLB Bancorp, Inc. Declares Quarterly Cash Dividend
PRNewswire (January 27, 2003
)
MENTOR, Ohio, Jan. 27 /PRNewswire-FirstCall/ -- The Board of Directors of GLB Bancorp, Inc. declared a quarterly cash dividend of $.05 per share. The cash dividend is payable February 24, 2003 to shareholders of record on February 10, 2003.
- LifeStyle Innovations, Inc. Engaged Legend Merchant Group as Placement Agent In a $2.5 Million Private Placement
PRNewswire (January 27, 2003
)
GRAPEVINE, Texas, Jan. 27 /PRNewswire-FirstCall/ -- LifeStyle Innovations, Inc. (BULLETIN BOARD: LFSI) ("LifeStyle"), a provider of home technology solutions to builders and homeowners, has announced today the engagement of investment banker Legend Merchant Group ("LMG") as placement agent of a $2.5 million Private Placement to be used by LifeStyle for planned acquisitions a
- Wachovia CFO Bob Kelly Presents at Salomon Smith Barney Financial Services Conference
PRNewswire (January 27, 2003
)
CHARLOTTE, N.C., Jan. 27 /PRNewswire-FirstCall/ -- Wachovia CFO Bob Kelly presents at 2:45 p.m. ET Wednesday, January 29, 2003, at the Salomon Smith Barney Financial Services Conference. This presentation will be available via live audio webcast beginning at 2:45 p.m. ET through Wachovia's Investor Relations home page at wachovia.com/investor. A replay of the webcast will be available beginning
- Capital City Bank Group, Inc. Reports Record Earnings of $2.17 Per Diluted Share
PRNewswire (January 27, 2003
)
TALLAHASSEE, Fla., Jan. 27 /PRNewswire-FirstCall/ -- Capital City Bank Group, Inc. reported record earnings for the twelve months ended 2002 totaling $23.1 million, or $2.17 per diluted share compared to $16.9 million, or $1.59 per diluted share in 2001, an increase of 36.9% and 36.5%, respectively. For the fourth quarter of 2002, the Company reported earnings of $6.7 million or $0.63 per dilut
- Cuisine Solutions Announces Second Quarter Fiscal Year 2003 Results
PRNewswire (January 27, 2003
)
ALEXANDRIA, Va., Jan. 27 /PRNewswire-FirstCall/ -- Cuisine Solutions, Inc. (BULLETIN BOARD: CUIS) , announced a net loss of $847,000 for the second quarter of fiscal 2003 compared to a net loss of $1,477,000 a year ago. The decrease in the loss was driven by an improved gross margin as well as a non- operating loss in last year's second quarter from a loss in equity from the investment in Brazil
- ACE Boosts Asbestos Reserves by $2 Billion
Reuters (January 27, 2003
)
NEW YORK (Reuters) - ACE Ltd. <ACE.N> on Monday became the latest insurer hit by the cost of asbestos lawsuits, raising its reserves by more than $2 billion to pay for claims against its corporate clients.
- New First American Stable Asset Advisor Fund Launches
PRNewswire (January 27, 2003
)
MINNEAPOLIS, Jan. 27 /PRNewswire-FirstCall/ -- U.S. Bank, N.A., announced today the launch of a new First American Stable Asset Advisor Fund designed for investors who seek preservation of principal and competitive returns. This fund, which is available exclusively to employer-sponsored qualified retirement plans, is a new "advisor class" of the underlying $782 million U.S. Bank Stable
- West Bancorporation, Inc. Announces Results for 4th Quarter and the Year 2002
PRNewswire (January 27, 2003
)
WEST DES MOINES, Iowa, Jan. 27 /PRNewswire-FirstCall/ -- West Bancorporation, Inc. , parent company of West Des Moines State Bank (West Bank), reports net income for the year of 2002 of $16,376,000 an increase of 4.1% over 2001. Earnings per share were $1.02 compared to $0.98 for 2001. This performance resulted in a return on average equity of 19.99%, a return on average assets of 1.95%, and an
- OneChicago Launches OneChicago Analytics, a Securities Research and Analytic Tool for Web Site Users
PRNewswire (January 27, 2003
)
CHICAGO, Jan. 27 /PRNewswire/ -- OneChicago, LLC today announced the launch of OneChicago Analytics(SM), a state of the art securities research and analytic system created by Quantitative Analytics Inc. (QAI) for OneChicago's Web site, http://www.onechicago.com/ .
- The Peoples BancTrust Co., Inc., Announces Fourth Quarter Conference Call Information
PRNewswire (January 27, 2003
)
SELMA, Ala., Jan. 27 /PRNewswire-FirstCall/ -- The Peoples BancTrust Co., Inc. (Nasdaq Small Cap: PBTC) ("Peoples") today announced that it will provide an on-line, real-time Web-cast and rebroadcast of a conference call to discuss its results for the fourth quarter ended December 31, 2002, on Wednesday, February 5, 2003, at 10:00 a. m. (central time).
- American Capital to Report Fourth Quarter Earnings Shareholder Call Scheduled for February 12
PRNewswire (January 27, 2003
)
BETHESDA, Md., Jan. 27 /PRNewswire-FirstCall/ -- American Capital Strategies Ltd. announced today it will report fourth quarter and 2002 earnings on February 11, 2003. American Capital invites its prospective shareholders, shareholders and analysts to attend the American Capital Shareholder Call on Wednesday, February 12 at 11:00 am ET. The dial in number is 888-276-0007. International caller
- Illinois Home Sales Set Record in 2002/December Sales Up 15% According To Illinois Association of REALTORS
PRNewswire (January 27, 2003
)
SPRINGFIELD, Ill., Jan. 27 /PRNewswire/ -- Despite stagnant economic growth, sales of existing single-family homes in Illinois set a new annual record in 2002, according to the Illinois Association of REALTORS. A total of 113,583 sales have been reported year-to-date in 2002, up 6.4 percent from 106,710 sales in 2001. The second highest annual sales volume on record since the association began c
- Unizan Financial Corp. Announces Financial Results For Fourth Quarter and Year-End 2002
PRNewswire (January 27, 2003
)
CANTON, Ohio, Jan. 27 /PRNewswire-FirstCall/ -- Unizan Financial Corp. today announced a 56.5 percent increase in net income for 2002, compared with 2001. Net income for 2002 was $25.1 million, or $1.21 per diluted share, compared with $16.1 million, or $1.37 per diluted share, in 2001.
- HF Financial Corp. Announces Increased Earnings From Continuing Operations And Declares Quarterly Cash Dividend
PRNewswire (January 27, 2003
)
- Investment Banks Feel Chill of War Worry
Reuters (January 27, 2003
)
DAVOS, Switzerland (Reuters) - Top investment bankers added to the sense of gloom that depressed markets on Monday, with some saying a long war in Iraq would devastate the sector, leaving only a handful of global survivors.
- Hipbone´s Synetry Chat+ Earns Influential Crossroads 2003 A-List Award
PRNewswire (January 27, 2003
)
SAN CARLOS, Calif., Jan. 27 /PRNewswire/ -- Hipbone(R), Inc., a leading provider of live customer interaction solutions for eBusinesses in financial services and other demanding markets, today announced that its Synetry(TM) Chat+ product has earned a Crossroads 2003 A-List Award for Live Interaction for Contact Centers. Sponsored by Open Systems Advisors, Inc. (OSA), the Crossroads A-List Award
- Virginia Financial Group, Inc. Declares Dividend
PRNewswire (January 27, 2003
)
CULPEPER, Va., Jan. 27 /PRNewswire-FirstCall/ -- Virginia Financial Group, Inc. today announced that the Board of Directors has declared a quarterly cash dividend of $.18 per share, payable on February 21, 2003 to shareholders of record on January 31, 2003. The annual dividend rate is $.72 per share, representing a 2.5% yield on the most recent closing price.
- Info-One Introduces VARDS Wholesaler -- First Web-Based Annuity Research System for the Internal Sales Desk
PRNewswire (January 27, 2003
)
CAMPBELL, Calif., Jan. 27 /PRNewswire/ -- Info-One(TM), a leading provider of insurance and annuity sales information products and services, today announced the introduction of VARDS Wholesaler, the first Web-based annuity research and analysis platform designed for use by internal wholesalers at insurance companies' sales desks. VARDS Wholesaler optimizes the efficiency of the sales desk by all
- North Central Bancshares, Inc. Announces Record Earnings for Year Ended December 31, 2002
PRNewswire (January 27, 2003
)
FORT DODGE, Iowa, Jan. 27 /PRNewswire-FirstCall/ -- North Central Bancshares, Inc. (the "Company") , the holding company for First Federal Savings Bank of Iowa (the "Bank"), announced today that the Company earned a record $3.37 diluted earnings per share for the year ended December 31, 2002, compared to diluted earnings per share of $2.41 for the year ended December 31, 2001,
- IGEN to Report Third Quarter Financial Results on February 4
PRNewswire (January 27, 2003
)
GAITHERSBURG, Md., Jan. 27 /PRNewswire-FirstCall/ -- IGEN International Inc. will announce financial results for its third quarter and nine months ended December 31, 2002 after the market closes on Tuesday, February 4, 2003. The Company will host a conference call open to the public at 4:30 PM EST that day to review the financial results.
- CNB Florida Bancshares Reports 2002 Fourth Quarter and Full Year Results
PRNewswire (January 27, 2003
)
JACKSONVILLE, Fla., Jan. 27 /PRNewswire-FirstCall/ -- CNB Florida Bancshares, Inc. today reported fourth quarter 2002 net income of $1,579,000, or $0.25 per diluted share, compared to $864,000, or $0.14 per diluted share, for the comparable 2001 quarter. For the year ended December 31, 2002, net income increased 83% to $5,384,000, or $0.87 per diluted share, from $2,941,000, or $0.48 per dilute
- Merchants & Manufacturers Bancorporation Reports Fourth Quarter and Year-End Earnings Increase
PRNewswire (January 27, 2003
)
BROOKFIELD, Wis., Jan. 27 /PRNewswire-FirstCall/ -- Merchants & Manufacturers Bancorporation, Inc. ("Merchants") (BULLETIN BOARD: MMBI) today announced earnings for the quarter and the year ended December 31, 2002. Net income for the quarter ended December 31, 2002 was $1,745,000; an 11.7% increase compared to the $1,562,000 earned for the quarter ended December 31, 2001. Basic e
- Baldwin & Lyons, Inc. Reports Record Operating Income for the Fourth Quarter and the Year
PRNewswire (January 27, 2003
)
INDIANAPOLIS, Jan. 27 /PRNewswire-FirstCall/ -- Baldwin & Lyons, Inc. (Nasdaq: BWINA; BWINB) today announced record quarterly operating income, before capital losses, of $6.7 million, or $.57 per share, compared to $4.5 million, or $.37 per share, for the fourth quarter of 2001. Net capital losses of $2.5 million, or $.21 per share, were realized in the 2002 period compared to net capital los
- Analyst 'Sell' Ratings Rise on Wall St.
AP (January 27, 2003)
WASHINGTON (AP) - The volume of "sell" ratings on stocks has reached its highest point since the late 1980s, but Wall Street analysts still appear more likely to suspend coverage of a failing company than to issue a sell.
- Webcast Alert: Jones Lang LaSalle Announces Year End and Fourth Quarter 2002 Earnings Webcast
PRNewswire (January 27, 2003
)
CHICAGO, Jan. 27 /PRNewswire-FirstCall/ -- Jones Lang LaSalle announces the following Webcast:
- Putnam Posts Worst Fund Outflows for 2002
Reuters (January 27, 2003
)
BOSTON (Reuters) - Investors pulled $15.7 billion from Putnam Investments'<MMC.N> stock and bond mutual funds last year, marking the biggest net outflows at any of America's top 25 mutual fund firms, an industry survey shows.
- U.S. Bancorp to Present at the Salomon Smith Barney 2003 Financial Services Conference
PRNewswire (January 27, 2003
)
MINNEAPOLIS, Jan. 27 /PRNewswire-FirstCall/ -- U.S. Bancorp announced today that Jerry A. Grundhofer, chairman, president and chief executive officer, is scheduled to present at the Salomon Smith Barney 2003 Financial Services Conference. The presentation will be held on Tuesday, January 28, 2003, at 2:45 p.m. (EST) at The Plaza Hotel, New York City, NY. The presentation will include informatio
- Tejas Securities Group, Inc. Releases Report on NextWave Telecom Inc.
PRNewswire (January 27, 2003
)
AUSTIN, Texas, Jan. 27 /PRNewswire/ -- Tejas Securities Group, Inc. releases a research report today on NextWave Telecom Inc. (OTC Pink Sheets: NXLC) related to today's Supreme Court ruling in Federal Communications Commission v. NextWave Personal Communications Inc., et. al. This ruling also affects the following companies: Verizon Communications Inc. AT&T Wireless Services Inc. , SBC Commu
- Southwest Bancorp, Inc. Reports Record Earnings for the Third Consecutive Quarter
PRNewswire (January 27, 2003
)
STILLWATER, Okla., Jan. 27 /PRNewswire-FirstCall/ -- Southwest Bancorp, Inc. , financial holding company for Stillwater National Bank & Trust Company, today announced year-to-date net income of $13.4 million, and the third consecutive quarter of record earnings for the Company.
- Torchmark Corporation to Present at Salomon Smith Barney Financial Services Conference
PRNewswire (January 27, 2003
)
BIRMINGHAM, Ala., Jan. 27 /PRNewswire-FirstCall/ -- Torchmark Corporation announced today that its Chairman C. B. Hudson will be presenting Thursday, January 30, 2003 at the Salomon Smith Barney Financial Services Conference in New York City. Mr. Hudson's presentation is scheduled to begin at 10:45 a.m. EST.
- SouthTrust Chairman Wallace D. Malone Jr. to Present At Salomon Smith Barney Conference
PRNewswire (January 27, 2003
)
BIRMINGHAM, Ala., Jan. 27 /PRNewswire-FirstCall/ -- SouthTrust Corp. Chairman and CEO Wallace D. Malone Jr. will make a presentation about SouthTrust at the Salomon Smith Barney financial services conference in New York, January 28, at 10 a.m. EST.
- Impac Mortgage Holdings, Inc. Announces 2002 Fourth Quarter Earnings and Year End Conference Call
PRNewswire (January 27, 2003
)
NEWPORT BEACH, Calif., Jan. 27 /PRNewswire-FirstCall/ -- Impac Mortgage Holdings, Inc. (the "Company"), a Maryland corporation, being taxed as a Real Estate Investment Trust ("REIT") announces the scheduling of a conference call and live web cast on Thursday, January 30, 2003 at 9:30 a.m. Pacific (12:30 p.m. Eastern). Mr. William S. Ashmore, President and COO of Impac Mortga
- Charter One to Present at Salomon Smith Barney Conference
PRNewswire (January 27, 2003
)
CLEVELAND, Jan. 27 /PRNewswire-FirstCall/ -- Charter One Financial, Inc. Chairman of the Board and Chief Executive Officer Charles John Koch and Executive Vice President Richard W. Neu will speak at the Salomon Smith Barney 2003 Financial Services Conference on Wednesday, January 29, 2003 in New York City. Charter One's presentation is scheduled to begin at approximately 10:00 a.m.
- Enterprise Financial Reports 32.8% Increase in Operating Earnings Over Previous Year
PRNewswire (January 27, 2003
)
ST. LOUIS, Jan. 27 /PRNewswire-FirstCall/ -- Enterprise Financial Services Corp (BULLETIN BOARD: EFSC) , the parent company of Enterprise Bank and Enterprise Trust, reported net income of $5.0 million or $0.52 per fully diluted share for the year ended December 31, 2002. Comparable year prior net operating income, adjusted for previously reported losses in the company's private equity portfolio
- The South Financial Group to Present at Salomon Smith Barney Financial Services Conference With Webcast Available
PRNewswire (January 27, 2003
)
GREENVILLE, S.C., Jan. 27 /PRNewswire-FirstCall/ -- The South Financial Group, Inc. is participating in the Salomon Smith Barney Financial Services Conference on Thursday, January 30 at 8:15 a.m. (ET). Mack I. Whittle, Jr., President and Chief Executive Officer of The South Financial Group, will present at the conference.
- SunTrust to Present at the Salomon Smith Barney 2003 Financial Services Conference
PRNewswire (January 27, 2003
)
ATLANTA, Jan. 27 /PRNewswire-FirstCall/ -- SunTrust Banks, Inc. will present at the Salomon Smith Barney 2003 Financial Services Conference on Thursday, January 30, 2003 at 11:30 a.m. Eastern Standard Time. L. Phillip Humann, chairman, president and chief executive officer of SunTrust Banks, Inc., will make SunTrust's presentation.
- First Citizens Reports Earnings for 2002
PRNewswire (January 27, 2003
)
RALEIGH, N.C., Jan. 27 /PRNewswire-FirstCall/ -- First Citizens BancShares Inc. reports earnings for the quarter ending Dec. 31, 2002, of $19.3 million compared to $21.3 million for the corresponding period of 2001, a decrease of 9.3 percent, according to Lewis R. Holding, chairman of the board.
- American Express Profit More Than Doubles
Reuters (January 27, 2003
)
NEW YORK (Reuters) - American Express Co. <AXP.N> said on Monday its fourth-quarter profit more than doubled on higher card spending and growth in new customers, but the financial services group remained cautious about the economy.
- Harland´s Affinity Products Generate More Than $350,000 for Charities in 2002
PRNewswire (January 27, 2003
)
ATLANTA, Jan. 27 /PRNewswire-FirstCall/ -- With proceeds from its "Spirit of America" product line leading the way, Harland Printed Products, a division of John H. Harland Company , generated more than $350,000 for charitable organizations nationwide in 2002.
- Zurich Classic II Fixed Annuity Launches in New York
PRNewswire (January 27, 2003
)
SCHAUMBURG, Ill., Jan. 27 /PRNewswire/ -- Zurich Life Insurance Company of New York today announced the launch of the New York Zurich Classic II Fixed Annuity. The annuity offers investors tax-deferred growth with guaranteed returns, and is Zurich Life's first annuity product offered in the New York marketplace.
- Jack Henry & Associates Announces Regular Quarter Dividend
PRNewswire (January 27, 2003
)
MONETT, Mo., Jan. 27 /PRNewswire-FirstCall/ -- Jack Henry & Associates, Inc. today announced its Board of Directors declared a regular quarterly cash dividend of $.035 per share. The cash dividend on its common stock, par value $.01 per share, is payable on February 27, 2003, to stockholders of record as of February 12, 2003. At January 24, 2003, 87,687,789 shares of the common stock were
- Fifth Third Bancorp to Present at Salomon Smith Barney 2003 Financial Services Conference
PRNewswire (January 27, 2003
)
CINCINNATI, Jan. 27 /PRNewswire-FirstCall/ -- Fifth Third Bancorp will make a presentation at the Salomon Smith Barney 2003 Financial Services Conference on Wednesday, January 29, 2003 at approximately 9:00 a.m. Eastern Standard Time.
- First Citizens BancShares Increases Dividend
PRNewswire (January 27, 2003
)
RALEIGH, N.C., Jan. 27 /PRNewswire-FirstCall/ -- The board of directors of First Citizens BancShares Inc. today declared an increased quarterly dividend of 27.5 cents per share on the Class A and Class B common stock. The dividend had been 25 cents. The dividend is payable April 7, 2003, to shareholders of record March 17, 2003.
- As Profits Fade, More Bank Deals Loom
Reuters (January 26, 2003
)
NEW YORK (Reuters) - Tight profit margins and sputtering stock prices have quietly rekindled merger discussions among U.S. banks, meaning another round of industry consolidation could be on tap after several quiet years.
- Attack Snarls Web Traffic, E-Mail, ATMs
AP (January 26, 2003)
WASHINGTON (AP) - A fast-spreading, virus-like infection dramatically slowed Internet traffic, overwhelming the world's digital pipelines and interfering with Web browsing and e-mail delivery.
- Virginia Banker Helps Release National Study of Comprehensive Federal Tax Options
PRNewswire (January 24, 2003
)
WASHINGTON, Jan. 24 /PRNewswire/ -- Central Virginian banker A. Pierce Stone, chairman of the Independent Community Bankers of America, today helped announce a comprehensive study outlining a menu of federal tax relief and simplification measures to improve the country's economy, including a top 10 list of policy recommendations.
- First Indiana Corporation Announces 3 Percent Dividend Increase
PRNewswire (January 24, 2003
)
INDIANAPOLIS, Jan. 24 /PRNewswire-FirstCall/ -- The Board of Directors of First Indiana Corporation announced an increase in the Corporation's quarterly cash dividend to $.66 from $.64 on January 22, 2003. The dividend will be paid March 14, 2003 to shareholders of record as of March 5, 2003. This is the 64th consecutive quarter First Indiana has paid a cash dividend and the 12th dividend incre
- AmeriServ Financial Announces Loan Loss Reserve Strengthening and Suspension of the Common Stock Dividend
PRNewswire (January 24, 2003
)
JOHNSTOWN, Pa., Jan. 24 /PRNewswire-FirstCall/ -- AmeriServ Financial, Inc. announced today that its Board of Directors approved suspension of the Company's common stock dividend as a result of actions taken to strengthen its allowance for loans losses. The Company expects that its loan loss provision for the fourth quarter of 2002 will approximate $3.5 million. The actions taken to strengthen
- TCS Sets Fourth Quarter 2002 Earnings Release and Investor Conference Call
PRNewswire (January 24, 2003
)
ANNAPOLIS, Md., Jan. 24 /PRNewswire-FirstCall/ -- TeleCommunication Systems, Inc. (TCS) , a global leader in location and messaging software and E9-1-1 services for wireless carriers, and an expert in highly reliable and secure communications systems for government customers, today announced it will release its results for the quarter ended December 31, 2002 on Wednesday, February 5, 2003, after
- Mellon Financial Corporation to Present on January 30 at Salomon Smith Barney Financial Services Conference in New York City
PRNewswire (January 24, 2003
)
PITTSBURGH, Jan. 24 /PRNewswire-FirstCall/ -- Martin G. McGuinn, chairman and chief executive officer, and Steven G. Elliott, senior vice chairman of Mellon Financial Corporation , will be presenting at the Salomon Smith Barney Financial Services Conference at 9 a.m. EST on Thursday, Jan. 30, 2003 in New York City. They will discuss Mellon's strategy and highlight opportunities for growth. The
- FelCor Announces 30% Return of Capital on 2002 Common Stock Dividends
PRNewswire (January 24, 2003
)
IRVING, Texas, Jan. 24 /PRNewswire-FirstCall/ -- FelCor Lodging Trust Incorporated , the nation's second largest hotel real estate investment trust (REIT), today announced the final federal income tax status of its distributions for 2002, on FelCor's common and preferred shares as shown below.
- The Washington Post Company Reports 2002 Fourth Quarter and Year-End Earnings
PRNewswire (January 24, 2003
)
WASHINGTON, Jan. 24 /PRNewswire-FirstCall/ -- The Washington Post Company today reported net income of $93.7 million ($9.83 per share) for the fourth quarter of 2002, up from $14.5 million ($1.53 per share) for the fourth quarter of 2001. Results for the fourth quarter of 2002 include a net non-operating gain from the exchange of certain cable systems (after-tax impact of $16.7 million, or $1.75
- Eurozone Growth Forecasts Cut Again
PRNewswire (January 24, 2003
)
WALTHAM, Mass., and LONDON, Jan. 24 /PRNewswire/ -- Global Insight, Inc., a private company that brought together DRI and WEFA, the two most respected economic and financial information companies in the world, today released downgraded GDP growth forecasts for Western Europe. "This is the consequence of global economic and geo-political uncertainty," according to Howard Archer, Global
- Proxy Advisory Firm Outlines Guidelines
AP (January 24, 2003)
NEW YORK (AP) - Institutional Shareholder Services will be raising the bar on corporate governance for this year's round of annual shareholder votes.
- /C O R R E C T I O N - First Indiana Corporation/
PRNewswire (January 24, 2003
)
, Jan. 24 /PRNewswire/ -- In the news release, First Indiana Corporation Announces 3 Percent Dividend Increase, issued earlier today by First Indiana Corporation over PR Newswire, we are advised by the company that the first paragraph, second line should read "...an increase in the Corporation's quarterly cash dividend to $.165 from $.16" rather than "$.66 from $.64" as origin
- Hooters Air Takes Off
PRNewswire (January 24, 2003
)
ATLANTA, Jan. 24 /PRNewswire/ -- Hooters of America, Inc. announced that Hooters Air has taken a very important step towards launching its new charter air service. At 11:00 a.m. this morning, a freshly painted Boeing 737, Hooters Air One, rolled out of a hanger at Delta TechOps Center in Atlanta. The plane features an orange and white paint scheme, Hooters Air graphics and a large owl on the tai
- KeyCorp To Present at Salomon Smith Barney Conference
PRNewswire (January 24, 2003
)
CLEVELAND, Jan. 24 /PRNewswire-FirstCall/ -- On Tuesday, January 28, 2003, at 11:30 a.m. KeyCorp's CEO Henry Meyer and CFO Jeff Weeden will address the Salomon Smith Barney Conference.
- BankAtlantic Bancorp To Issue Fourth Quarter And Full Year 2002 Earnings Results
PRNewswire (January 24, 2003
)
FORT LAUDERDALE, Fla., Jan. 24 /PRNewswire-FirstCall/ -- BankAtlantic Bancorp, Inc. , the parent company of BankAtlantic, Levitt Companies, and Ryan Beck & Co., announced today that it will post its financial performance results for the fourth quarter and full year 2002 in a press release to be issued after market close on Thursday, February 6, 2003. BankAtlantic Bancorp will host an investor
- Military and Civilian W-2s available now on myPay
PRNewswire (January 24, 2003
)
ARLINGTON, Va., Jan. 24 /PRNewswire/ -- American military members and Department of Defense civilians can now view, save and print their W-2s from myPay (https://mypay.dfas.mil/ ). Military retirees and annuitants can view, save and print their 1099s as well.
- PMC Commercial Trust Announces 2002 Dividend Allocation
PRNewswire (January 24, 2003
)
DALLAS, Jan. 24 /PRNewswire-FirstCall/ -- PMC Commercial Trust a real estate investment trust, announced the characterization of dividends declared during 2002 for income tax reporting purposes. Dividends declared during 2002 are delineated as follows:
- Reminder: SAFECO Hosts Regularly Scheduled Webcast to Discuss Fourth-Quarter and Year-End Financial Results
PRNewswire (January 24, 2003
)
SEATTLE, Jan. 24 /PRNewswire-FirstCall/ -- SAFECO reminds investors, the news media and the general public to listen to a live Internet broadcast of its regularly scheduled conference call to discuss fourth-quarter and year-end financial results.
- CNB Holdings, Inc. Announces Fourth Quarter and Annual Results
PRNewswire (January 24, 2003
)
ALPHARETTA, Ga., Jan. 24 /PRNewswire-FirstCall/ -- CNB Holdings, Inc., (BULLETIN BOARD: CHGD) the parent company of Chattahoochee National Bank, today announced results for the fourth quarter and full year of 2002. For the quarter ended December 31, 2002, the Company reported a net loss of $12,648, or $0.01 per share, versus net income of $73,776, or $0.07 per share, for the fourth quarter of
- Visa Cardholder From Sovereign Bank Will `Be There´ At Five of the World´s Premier Events
PRNewswire (January 24, 2003
)
BOSTON, Jan. 24 /PRNewswire-FirstCall/ -- It's a dream come true for Daniel J. Lavoie of Brookline, Mass., who will witness history in the making by attending five top events in the sports and entertainment industries, thanks to Visa and Sovereign Bank . As one of the lucky winners in the Visa "Be There" promotion, Lavoie is going to Super Bowl XXXVII in San Diego; the 2003 DAYTONA 500
- General Dynamics to Webcast CEO Chabraja´s Bear Stearns Speech
PRNewswire (January 24, 2003
)
FALLS CHURCH, Va., Jan. 24 /PRNewswire-FirstCall/ -- General Dynamics will webcast Chairman and CEO Nicholas D. Chabraja's presentation to the Bear Sterns Commercial Aerospace & Defense Conference on January 27. The audio webcast will begin at 2:40 p.m. E.T.
- Creative Host Services, Inc. Receives Commitment for $13 Million Secured Credit Facility From ING For Acquisitions and Growth
PRNewswire (January 24, 2003
)
SAN DIEGO, Jan. 24 /PRNewswire-FirstCall/ -- Creative Host Services, Inc. announced today that ING Capital LLC has committed to a $13 million senior debt financing to be used for acquisitions, expansion and working capital, and to refinance its existing indebtedness. The $13 million senior debt facility is comprised of two primary components a Term Loan Facility and an Expansion Facility. For
- Builders Express Support for Bush Economic Plan
PRNewswire (January 24, 2003
)
LAS VEGAS, Jan. 24 /PRNewswire/ -- The National Association of Home Builders (NAHB) today issued the following statement in support of President Bush's economic stimulus program:
- Main Street Trust Reports Record Earnings for 2002
PRNewswire (January 24, 2003
)
CHAMPAIGN, Ill., Jan. 24 /PRNewswire-FirstCall/ -- Main Street Trust, Inc. (BULLETIN BOARD: MSTI) recorded record earnings for the year ended December 31, 2002. Unaudited consolidated net income for the year ended December 31, 2002 totaled $17.381 million or $1.60 diluted earnings per share, compared to $16.171 million or $1.45 per share for the same period in 2001, an increase of 10.3% in ear
- Georgia Bank Financial Corporation Reports 4th Quarter Earnings
PRNewswire (January 24, 2003
)
AUGUSTA, Ga., Jan. 24 /PRNewswire-FirstCall/ -- Georgia Bank Financial Corporation (BULLETIN BOARD: GBFP) , the holding company for Georgia Bank & Trust Company of Augusta, today reported net income increased 23.4 % for the quarter ended December 31, 2002 as compared to the same quarter in 2001. Net income for the fourth quarter was $1,631,146 or 68 cents per diluted share, compared to $1,3
- NASD Announces an International Symposium to Debate the Need For Global Adoption Of International Accounting Standards
PRNewswire (January 24, 2003
)
WASHINGTON, Jan. 24 /PRNewswire/ -- International business and regulatory leaders will debate the merit and need for establishing a set of internationally accepted accounting standards in the first in a series of international symposiums sponsored by NASD. Among those participating in the symposium will be Howard Davies, Chairman of the UK's Financial Services Authority; Henry Paulson, Jr., Chai
- Lockheed Martin Reports 2002 Earnings
PRNewswire (January 24, 2003
)
- Santander Bancorp Reports Financial Results for the Quarter and Year Ended December 31, 2002
PRNewswire (January 24, 2003
)
- Hemlock Federal Financial Corporation Reports Fourth Quarter and Year-End Results
PRNewswire (January 24, 2003
)
OAK FOREST, Ill., Jan. 24 /PRNewswire-FirstCall/ -- Hemlock Federal Financial Corporation (the 'Company') , the holding company for Hemlock Federal Bank for Savings (the 'Bank'), today announced earnings for both the year and the fourth quarter ended December 31, 2002.
- Resources Connection Appoints Lisa Okimoto to Director of Client Service Of Its Honolulu Office
PRNewswire (January 24, 2003
)
COSTA MESA, Calif., Jan. 24 /PRNewswire-FirstCall/ -- Resources Connection, Inc. , an international professional services firm, today announced the recent appointment of Lisa Okimoto to Director of Client Service of its Honolulu office. In this role, Ms. Okimoto will be responsible for managing existing client relationships and engagements as well as developing new business opportunities for the
- Universal Corporation Announces Conference Call
PRNewswire (January 24, 2003
)
RICHMOND, Va., Jan. 24 /PRNewswire-FirstCall/ -- Universal Corporation will webcast its conference call on February 7, 2003, following the release of second quarter financial results the preceding evening. The call will begin at 9:00 a.m. Eastern Time and will be hosted by Karen M. L. Whelan, Vice President and Treasurer.
- NVR Fourth Quarter Earnings Per Share Up 20 Percent
PRNewswire (January 24, 2003
)
MCLEAN, Va., Jan. 24 /PRNewswire-FirstCall/ -- NVR, Inc. , one of the nation's largest homebuilding and mortgage banking companies, today announced that diluted earnings per share for its fourth quarter ended December 31, 2002 increased 20% and net income increased 18% when compared to the 2001 fourth quarter. Net income for the 2002 quarter was $78,947,000, $8.91 per diluted share, compared to
- Guaranty Financial Corporation Reports Record Net Income for the Year Ended December 31, 2002 and Announces Dividend to Shareholders
PRNewswire (January 24, 2003
)
CHARLOTTESVILLE, Va., Jan. 24 /PRNewswire-FirstCall/ -- Guaranty Financial Corporation , a bank holding company operating primarily through its wholly owned subsidiary, Guaranty Bank, today reported net income of $1,763,000 ($.89 per diluted share) for the year ended December 31, 2002, which constitutes the Company's best year ever. The Company reported net income of $518,000 ($.26 per diluted s
- Banc of America Capital Management Releases ´U.S. Economic Projections´ For Week of January 27, 2003
PRNewswire (January 24, 2003
)
NEW YORK/ST. LOUIS and CHARLOTTE, N.C., Jan. 24 /PRNewswire/ -- Banc of America Capital Management today released the latest "U.S. Economic Projections" report:
- Classic Bancshares, Inc. Reports Fiscal 2003 Third Quarter Earnings and Declares a Cash Dividend
PRNewswire (January 24, 2003
)
ASHLAND, Ky., Jan. 24 /PRNewswire-FirstCall/ -- Classic Bancshares, Inc. reported net income of $2.2 million, or $1.91 per diluted share for the nine months ended December 31, 2002 compared to net income of $1.6 million, or $1.45 per diluted share for the nine months ended December 31, 2001. Net income for the third quarter ended December 31, 2002 was $788,000, or $.70 per diluted share compare
- PMC Capital, Inc. Announces 2002 Dividend Allocation
PRNewswire (January 24, 2003
)
DALLAS, Jan. 24 /PRNewswire-FirstCall/ -- PMC Capital, Inc. announced the characterization of dividends declared during 2002 for income tax reporting purposes. Dividends declared during 2002 are delineated as follows:
- Countrywide Financial Corporation Reports Record Fourth Quarter and Annual Results
PRNewswire (January 24, 2003
)
- Countrywide Commitment to Rebuilding Together Surpasses $1 Million
PRNewswire (January 24, 2003
)
SAN DIEGO, Jan. 24 /PRNewswire-FirstCall/ -- Countrywide Financial Corporation , through its family of diverse financial services companies, announced that it will increase their annual contribution to Rebuilding Together by 40 percent, to $280,000, in 2003. This is Countrywide's seventh year as a major national corporate partner of the nation's largest volunteer organization preserving and revi
- Idaho Banking Company Reports 2002 Results
PRNewswire (January 24, 2003
)
BOISE, Idaho, Jan. 24 /PRNewswire-FirstCall/ -- Idaho Banking Company (BULLETIN BOARD: IBCB) today reported net income for 2002 of $108,000 or $.13 per share. Compared to 2001, net income increased 64%, which contributed to an increase in ending book value per share of $13.21. Total assets of the Bank also grew significantly to end the year at $119,929,000. Lower provisions for loan losses a
- Highly Paid E*Trade CEO Resigns Suddenly
Reuters (January 24, 2003
)
NEW YORK (Reuters) - Christos Cotsakos, who built E*Trade Group Inc. <ET.N> into a well-known online bank and brokerage company but sparked controversy last year with his outsized 2001 pay package, abruptly resigned on Friday.
- United Financial, Inc Reports Continued Earnings Growth
PRNewswire (January 24, 2003
)
GRAHAM, N.C., Jan. 24 /PRNewswire-FirstCall/ -- United Financial, Inc. (BULLETIN BOARD: UTDF) , the holding company of Alamance National Bank, today reported earnings for the quarter ended December 31, 2002 and for the twelve months ended December 31, 2002. Alamance National Bank, with the consent of its shareholders, reorganized and became a wholly owned subsidiary of United Financial, Inc. (t
- Cowlitz Bancorporation Announces Earnings
PRNewswire (January 24, 2003
)
- First American Bank Announces Its Sixth Straight Year of Profits and a Fourth Consecutive Boost in Cash Dividends
PRNewswire (January 24, 2003
)
ROSEMEAD, Calif., Jan. 24 /PRNewswire-FirstCall/ -- First American Bank (BULLETIN BOARD: FTAB) concluded 2002, its sixth consecutive year of profitability, with net earnings of $1.8 million compared with $2.4 million in 2001. The higher earnings in the previous year included a substantial loan recovery that brought forth a large ($880,000) "reversal" of provision for credit losses.
- Archstone-Smith Announces Income Tax Treatment of 2002 Dividends
PRNewswire (January 24, 2003
)
DENVER, Jan. 24 /PRNewswire-FirstCall/ -- Archstone-Smith today announced the income tax allocations of its 2002 dividend distributions on its common and preferred stock.
- Farmer Mac Amplifies Earnings Release
PRNewswire (January 24, 2003
)
WASHINGTON, Jan. 24 /PRNewswire-FirstCall/ -- Yesterday, the Federal Agricultural Mortgage Corporation (Farmer Mac) announced it achieved net income for fourth quarter 2002 of $2.8 million, or $0.23 per diluted share, and net income of $21.3 million, or $1.77 per diluted share, for the year. Excluding extraordinary gains and losses, net income was $4.1 million, or $0.34 per diluted share, and $
- CNBC Bancorp Reports 17% Loan Growth
PRNewswire (January 24, 2003
)
COLUMBUS, Ohio, Jan. 24 /PRNewswire-FirstCall/ -- CNBC Bancorp , parent company of Commerce National Bank and CNBC Retirement Services, Inc., reported earnings today of $2,873,000 for the year ended, December 31, 2002 compared with $3,336,000 for 2001. Annual diluted earnings per share were $1.39 and $1.57 for 2002 and 2001, respectively. Excluding the non-recurring expenses related to CNBC's p
- ICBA Releases Comprehensive Federal Tax Options Study; Individuals, Small Businesses and Economy Would Benefit from Proposals
PRNewswire (January 24, 2003
)
WASHINGTON, Jan. 24 /PRNewswire/ -- The Independent Community Bankers of America, the nation's largest community bank trade association, today released a comprehensive study outlining a menu of federal tax relief and simplification measures to improve the country's economy, including a top ten list of policy recommendations.
- Premier Community Bankshares, Inc. Announces 34% Earnings Increase For the Year 2002
PRNewswire (January 24, 2003
)
WINCHESTER, Va., Jan. 24 /PRNewswire-FirstCall/ -- Premier Community Bankshares, Inc. reported net income of $4.4 million for the year 2002, an increase of 34% or $1.1 million over the net income for the preceding year. Diluted earnings per share were $0.94, an increase of 32% from the $0.71 per share for the year 2001. The return on equity was 15.63% and the return on assets was 1.27%. In co
- Certegy Reports Fourth Quarter Earnings
PRNewswire (January 24, 2003
)
ALPHARETTA, Ga., Jan. 24 /PRNewswire-FirstCall/ -- Certegy Inc. today reported fourth quarter 2002 diluted earnings per share of $0.44 on revenue of $263.3 million, operating income of $48.6 million and net income of $29.0 million. These results include a $2.9 million charge for severance and other charges. Excluding these charges, diluted earnings per share was $0.46, operating income was $51
- H&R Block to Present at Salomon Smith Barney Financial Services Conference
PRNewswire (January 24, 2003
)
KANSAS CITY, Mo., Jan. 24 /PRNewswire-FirstCall/ -- H&R Block Inc. announced today that Mark A. Ernst, chairman and chief executive officer, will discuss H&R Block's business strategy, including an overview and outlook for the upcoming tax-filing season, as well as short and long-term financial targets for the company, at the Salomon Smith Barney Financial Services Conference, 9 a.m. (ES
- National Century to Shut in 5 to 6 Months
Reuters (January 24, 2003
)
NEW YORK (Reuters) - National Century Financial Enterprises Inc., which provided financing to healthcare companies, said on Friday it would cease operations in the next six months, after filing for bankruptcy last year amid charges of financial mismanagement.
- PNC Executives to Speak at Salomon Smith Barney Investor Conference
PRNewswire (January 24, 2003
)
PITTSBURGH, Jan. 24 /PRNewswire-FirstCall/ -- William S. Demchak, vice chairman and chief financial officer of The PNC Financial Services Group, Inc., and Timothy G. Shack, president and chief executive officer of PFPC, are scheduled to speak at the Salomon Smith Barney Financial Services Conference in New York on Wednesday, January 29, 2003 at 3:45 p.m. (eastern time). Demchak and Shack will dis
- Hemlock Federal Financial Corporation Announces Increased Dividend Of 16 Cents Per Share
PRNewswire (January 24, 2003
)
OAK FOREST, Ill., Jan. 24 /PRNewswire-FirstCall/ -- Hemlock Federal Financial Corporation , the parent corporation of Hemlock Federal Bank for Savings ("Hemlock Federal") has announced that the Corporation will pay a cash dividend of $.16 per share in the first quarter of 2003. The dividend will be payable on February 10, 2003, to shareholders of record as of January 31, 2003.
- SEC OKs Mutual Fund Proxy Disclosure
AP (January 24, 2003)
WASHINGTON (AP) - Over industry objections, the Securities and Exchange Commission acted Thursday to require mutual funds to disclose to investors how they voted on decisions at the companies whose shares they hold.
- AIG Shares Fall 6 Percent After Downgrade
Reuters (January 24, 2003
)
NEW YORK (Reuters) - Shares of American International Group Inc. <AIG.N> fell on Friday, after Morgan Stanley analysts downgraded their rating on the world's largest insurer, and said the industry at large was suffering from sustained weakness in the economy and investment markets.
- BNC Bancorp Declares Initial Cash Dividend
PRNewswire (January 24, 2003
)
THOMASVILLE, N.C., Jan. 24 /PRNewswire-FirstCall/ -- BNC Bancorp (BULLETIN BOARD: BNCN) today announced that its Board of Directors declared a cash dividend for the year 2003 of $0.12 per share. This is the first cash dividend to be paid by BNC Bancorp or its wholly owned subsidiary, Bank of North Carolina.
- Crawford Reports Financial Results for Fourth Quarter and Year-End 2002
PRNewswire (January 24, 2003
)
ATLANTA, Jan. 24 /PRNewswire-FirstCall/ -- Crawford & Company announced its financial results for the fourth quarter and year ended December 31, 2002.
- Golf Anyone?...18-hole Golf Course Offered to Highest Bidder, According to Tranzon Auction Properties
PRNewswire (January 24, 2003
)
FRANCESTOWN, N.H., Jan. 24 /PRNewswire/ -- Looking for real property to invest in to better safeguard your savings? Tory Pines Resort & Country Club (An 18-hole golf course with 677+/- acres) is being auctioned by Tranzon Auction Properties on March 6, 2003.
- /C O R R E C T I O N - KeyCorp/
PRNewswire (January 24, 2003
)
, Jan. 24 /PRNewswire/ -- In the news release, KeyCorp To Present at Salomon Smith Barney Conference, issued earlier today by KeyCorp over PR Newswire, we are advised by the company that the contact information for Vern Patterson in the text of the release and the contact section should read "216-689-0520" rather than "216-689-0250" as originally issued inadvertently
- First Midwest Financial, Inc. Reports First Quarter Earnings
PRNewswire (January 23, 2003
)
STORM LAKE, Iowa, Jan. 23 /PRNewswire-FirstCall/ -- First Midwest reports net income of $844,000, or $.34 per diluted share, for the first quarter ending December 31, 2002. This reflects a 13.6 percent increase over previous quarter earnings of $743,000, or $.30 per diluted share, and a 93.1 percent increase compared to the same period last year when earnings were $437,000, or $.18 per diluted
- Peoples Bancorporation, Inc. Announces Increase in Cash Dividend
PRNewswire (January 23, 2003
)
EASLEY, S.C., Jan. 23 /PRNewswire-FirstCall/ -- The Board of Directors of Peoples Bancorporation, Inc. (BULLETIN BOARD: PBCE) has approved a $.01 per share increase in the Company's quarterly cash dividend on its common stock. Shareholders of record as of March 21, 2003 will receive the new quarterly cash dividend of $0.07 per share on April 4, 2003.
- Southern Financial Bancorp Declares 15% Stock Dividend And Raises Cash Dividends on Common Stock
PRNewswire (January 23, 2003
)
WARRENTON, Va., Jan. 23 /PRNewswire-FirstCall/ -- The Board of Directors of Southern Financial Bancorp, Inc. have declared a 15% stock dividend per share on the outstanding shares of the corporation's Common Stock. The stock dividend will be distributed on February 20, 2003 to shareholders of record on February 5, 2003.
- Asset Equity´s Invention Allows Companies to Meet SEC Requirements
PRNewswire (January 23, 2003
)
ALLEN, Texas, Jan. 23 /PRNewswire-FirstCall/ -- Asset Equity Company, a leading equity management consulting firm, today announced it has introduced an advanced and patent pending solution which enables firms to define, measure and manage their business risks. This invention assists companies in meeting the 2003 SEC requirements.
- Arthur J. Gallagher & Co. Declares 20% Increase in Quarterly Dividend Quarterly Payments Up From $.15 to $.18 Per Share
PRNewswire (January 23, 2003
)
ITASCA, Ill., Jan. 23 /PRNewswire-FirstCall/ -- Arthur J. Gallagher & Co. today declared an increase in its quarterly cash dividend to eighteen cents ($.18) per share on the Common Stock of the Company, payable on April 15, 2003 to Shareholders of Record as of March 31, 2003.
- Landauer, Inc. Reports Higher First Quarter Earnings for Fiscal 2003
PRNewswire (January 23, 2003
)
GLENWOOD, Ill., Jan. 23 /PRNewswire-FirstCall/ -- Landauer, Inc. , reported that net income for its first fiscal quarter ended December 31, 2002 was $3,809,000, or $0.43 per diluted share compared with earnings of $3,736,000, or $0.42 per diluted share, for the same quarter in fiscal 2002. Landauer, a recognized leader in personal and environmental radiation monitoring services, reported revenues
- Knight Ends 2002 with 4th Straight Loss
Reuters (January 23, 2003
)
NEW YORK (Reuters) - Knight Trading Group Inc. <NITE.O>, a top dealer in Nasdaq shares, on Thursday reported its fourth straight quarterly loss, citing its restructuring and the stock market's protracted downturn.
- Southern Financial Bancorp Reports Record Net Income of $10.0 Million For 2002, An Increase of 19% Compared With $8.4 Million for 2001
PRNewswire (January 23, 2003
)
- Economic Development Leader Highlights Chicago´s Innovation Heritage, Application and Commercialization of Technology
PRNewswire (January 23, 2003
)
CHICAGO, Jan. 23 /PRNewswire/ -- Paul O'Connor wants Chicago school children to study their local history. He also wants business executives from across the globe to take note.
- Second Bancorp Reports Earnings For Fourth Quarter And Year
PRNewswire (January 23, 2003
)
WARREN, Ohio, Jan. 23 /PRNewswire-FirstCall/ -- SECOND BANCORP INCORPORATED (Nasdaq: SECD; SECDP) announced that, as previously indicated by the Company, fourth quarter earnings for 2002 were adversely affected by costs associated with the Company's strategy to re-configure its retail branch system and, to a lesser extent, margin compression and credit quality issues. Net income for the fourth q
- Nicholas Financial Reports Record 3rd Quarter Financial Results
PRNewswire (January 23, 2003
)
CLEARWATER, Fla., Jan. 23 /PRNewswire-FirstCall/ -- Nicholas Financial, Inc. , today announced record revenues and earnings for the third quarter ended December 31, 2002. The Company reported net income for the three months ended December 31, 2002 increased 6% to $1,009,000 from $949,000 for the three months ended December 31, 2001. Earnings per share increased 6% to $0.19 for the period ended De
- Cullen/Frost Bankers Declares Quarterly Cash Dividend
PRNewswire (January 23, 2003
)
SAN ANTONIO, Jan. 23 /PRNewswire-FirstCall/ -- The Cullen/Frost Bankers, Inc. board of directors today announced a first quarter cash dividend of $.22 per common share payable March 14, 2003 to shareholders of record on March 3 of this year.
- Wall St. Bonuses Likely Down 37 Percent
Reuters (January 23, 2003
)
NEW YORK (Reuters) - Bonuses paid by Wall Street banks and brokerages hard hit by the economic downturn likely fell 37 percent to $7.9 billion last year, resulting in lower tax revenues for the state and the city of New York, the New York State comptroller said on Thursday.
- Pelican Financial, Inc. Declares Cash Dividend
PRNewswire (January 23, 2003
)
ANN ARBOR, Mich., Jan. 23 /PRNewswire-FirstCall/ -- Pelican Financial, Inc. , the holding company for Pelican National Bank and Washtenaw Mortgage Company, will pay a cash dividend, Charles C. Huffman, President and CEO, announced today.
- UnumProvident Launches New Individual Long Term Care Insurance Product; Coverage Broadened With Both Reimbursement and Indemnity Options
PRNewswire (January 23, 2003
)
CHATTANOOGA, Tenn., Jan. 23 /PRNewswire-FirstCall/ -- UnumProvident is making it easier for customers to choose the appropriate type of long term care (LTC) coverage by delivering a new insurance solution to the marketplace that offers a reimbursement or an indemnity plan design.
- Wintrust Financial Corporation Declares Semi-Annual Dividend
PRNewswire (January 23, 2003
)
LAKE FOREST, Ill., Jan. 23 /PRNewswire-FirstCall/ -- Wintrust Financial Corporation (the "Company") today reported that its Board of Directors approved a semi-annual cash dividend of $0.08 per share of outstanding common stock. The dividend is payable on February 20, 2003 to shareholders of record as of February 6, 2003. This cash dividend, on an annualized basis, represents a 33.3%
- FTSE/Xinhua Index Licenses First China ETF for US Investors
PRNewswire (January 23, 2003
)
NEW YORK, HONG KONG and BEIJING, Jan. 23 /PRNewswire/ -- FTSE/Xinhua Index Limited (FXI), the China index provider, today announces that Barclays Global Investors (BGI) has filed a prospectus with the U.S. Securities and Exchange Commission to add the iShares FTSE/Xinhua Hong Kong China 25 Index Fund to its international exchange traded funds (ETF) offerings. This will be the first ETF tracking t
- BB&T Offers Access to Leading e-tax Service
PRNewswire (January 23, 2003
)
WINSTON-SALEM, N.C., Jan. 23 /PRNewswire-FirstCall/ -- BB&T Corporation today announced an agreement with e-finance leader Intuit to offer the company's popular online tax preparation and filing service.
- St. Joseph Capital Corporation´s Quarterly Profits Grow 47% Compared to Same Quarter a Year Ago
PRNewswire (January 23, 2003
)
MISHAWAKA, Ind., Jan. 23 /PRNewswire-FirstCall/ -- St. Joseph Capital Corporation (BULLETIN BOARD: SJOE) , today announced its financial results for the fourth quarter and full year 2002.
- First Merchants Announces 27th Consecutive Increase in Earnings Per Share
PRNewswire (January 23, 2003
)
MUNCIE, Ind., Jan. 23 /PRNewswire-FirstCall/ -- First Merchants Corporation has reported that 2002 diluted earnings per share increased 4.7% to $1.77, up from $1.69 in the prior year. Net income during the period increased to $27.8 million, an increase of $5.6 million or 25%.
- Northern Trust Corporation to Present at the Salomon Smith Barney Financial Services Conference
PRNewswire (January 23, 2003
)
CHICAGO, Jan. 23 /PRNewswire-FirstCall/ -- Northern Trust Corporation announced today that William A. Osborn, Chairman and Chief Executive Officer, will be speaking at the Salomon Smith Barney Financial Services Conference on Wednesday, January 29, 2003 at 9:00 a.m. (ET).
- Guaranty Bancshares, Inc. Reports Record Earnings for the Fourth Quarter And For the Year 2002
PRNewswire (January 23, 2003
)
MOUNT PLEASANT, Texas, Jan. 23 /PRNewswire-FirstCall/ -- Guaranty Bancshares, Inc. the parent company of Guaranty Bond Bank, today announced net income for the fourth quarter of 2002 of $1.2 million ($.41 per share) compared to $1.0 million ($.34 per share) for the fourth quarter 2001, a 19.9% increase. Net income for the year ended December 31, 2002 totaled $4.4 million ($1.46 per share) compa
- Summit Bank Corporation Reports Record Earnings for Fourth Quarter And for the Year 2002
PRNewswire (January 23, 2003
)
ATLANTA, Jan. 23 /PRNewswire-FirstCall/ -- Summit Bank Corporation (the "Company" or "Summit") today reported record fourth quarter 2002 net earnings of $1,169,000 compared to $655,000 for the fourth quarter of 2001, an increase of 78%. Net earnings per share (diluted) were $.30 for fourth quarter 2002 compared to $.17 per share for the same period last year. For the year 2
- NASD Announces an International Symposium to Debate the Need For Global Adoption of International Accounting Standards
PRNewswire (January 23, 2003
)
WASHINGTON, Jan. 23 /PRNewswire/ -- International business and regulatory leaders will debate the merit and need for establishing a set of internationally accepted accounting standards in the first in a series of international symposiums sponsored by NASD. Among those participating in the symposium will be Howard Davies, Chairman of the UK's Financial Services Authority; Henry Paulson, Jr., Chai
- National Processing Company Unveils Merchant Explorer(SM) OnLine
PRNewswire (January 23, 2003
)
LOUISVILLE, Ky., Jan. 23 /PRNewswire-FirstCall/ -- National Processing Company (NPC(R)), a leading provider of merchant credit and debit card processing and a wholly owned subsidiary of National Processing, Inc. , unveiled Merchant Explorer(SM) OnLine. NPC's Merchant Explorer is a web-enabled application that supports merchants in managing their exception item processing.
- Charter Financial Corporation Announces First-Quarter Earnings
PRNewswire (January 23, 2003
)
WEST POINT, Ga., Jan. 23 /PRNewswire-FirstCall/ -- Charter Financial Corporation today announced net income for the first quarter, ended December 31, 2002, of $498,651, or $.03 per share, compared to $732,035 for the quarter ended December 31, 2001. Earnings per share were $.04 for the quarter ended December 31, 2001.
- Travelers Posts Loss Over Asbestos
Reuters (January 23, 2003
)
HARTFORD, Conn. (Reuters) - Travelers Property Casualty Corp. <TAPa.N> <TAPb.N> on Thursday reported a quarterly loss as it took a previously announced charge for boosting asbestos reserves.
- Bank of America to Present at Salomon Smith Barney Conference
PRNewswire (January 23, 2003
)
CHARLOTTE, N.C., Jan. 23 /PRNewswire/ -- Bank of America today announced that Ken Lewis, chairman and chief executive officer, is scheduled to deliver a presentation at the Salomon Smith Barney 2003 Financial Services Conference in New York on January 29, 2003 at 8:15 a.m. He will discuss the company's customer-centric strategy and recent financial performance.
- Merrill Corporation to Launch DataSite, its Virtual Deal Room Service at The Legal Tech Conference in New York
PRNewswire (January 23, 2003
)
ST. PAUL, Minn., Jan. 23 /PRNewswire/ -- Merrill Corporation ( http://www.merrillcorp.com/ ), a global diversified communications and document services provider, today announced that it will exhibit DataSite, its leading virtual deal room service at the Legal Tech conference in New York from January 27 - 29.
- First Indiana Corporation Announces 2002 Earnings
PRNewswire (January 23, 2003
)
INDIANAPOLIS, Jan. 23 /PRNewswire-FirstCall/ -- First Indiana Corporation today announced earnings of $21.2 million, or $1.34 per diluted share, for the year ended December 31, 2002. Earnings for the previous year were $20.0 million, or $1.25 per diluted share. Fourth quarter earnings were $1.1 million, or $.07 per diluted share, compared with a loss of $372,000, or ($0.02) per diluted share,
- Associated Estates Realty Corporation Announces Details Regarding Quarterly Conference Call and Web Cast Slide Presentation
PRNewswire (January 23, 2003
)
CLEVELAND, Jan. 23 /PRNewswire-FirstCall/ -- Associated Estates Realty Corporation announced that the Company's fourth quarter 2002 earnings will be released on Thursday, February 13 before the market opens. The earnings release and supplemental fact sheet will be posted on www.aecrealty.com promptly following the news wire release. A conference call to discuss the results will be held February
- Prudential Sales Up, Sees Challenging '03
Reuters (January 23, 2003
)
LONDON (Reuters) - Britain's second-biggest insurer Prudential Plc said on Thursday it expected market conditions to stay tough in 2003, as it reported higher annual sales at the top end of forecasts.
- The IRS Wants You to File Income Tax Returns Electronically; CCH Outlines E-Filing Options for Taxpayers
PRNewswire (January 23, 2003
)
RIVERWOODS, Ill., Jan. 23 /PRNewswire/ -- If you were one of the millions of Americans last year who was still checking the mailbox for your tax refund check weeks after you mailed your tax return to the IRS, you may want to consider electronically filing your return in 2003, according to CCH INCORPORATED (CCH), a leading provider of tax law information and software.
- SEC Orders Fund Proxy Disclosures
Reuters (January 23, 2003
)
WASHINGTON (Reuters) - U.S. market regulators on Thursday ordered mutual funds to disclose how they cast proxy votes and issued new rules of conduct for corporate lawyers, capping weeks of rule-writing driven by a year of corporate scandals.
- St. Joseph Capital Corporation Announces Expensing of Stock Options and Registration of Its Common Stock Under the Securities Exchange Act of 1934
PRNewswire (January 23, 2003
)
MISHAWAKA, Ind., Jan. 23 /PRNewswire-FirstCall/ -- John Rosenthal, the President and Chief Executive Officer of St. Joseph Capital Corporation (BULLETIN BOARD: SJOE) , the holding company for St. Joseph Capital Bank, announced today that the Company will expense the fair value of employee stock options granted on or after January 1, 2003.
- Britton & Koontz Capital Reports 2002 Fourth Quarter Earnings
PRNewswire (January 23, 2003
)
NATCHEZ, Miss., Jan. 23 /PRNewswire-FirstCall/ -- Britton & Koontz Capital Corporation ("B&K Capital" or "the Company") today reported a fourth quarter 2002 net loss of ($306) thousand or ($.14) per diluted share. This net loss and earnings per share represents a decrease from the $811 thousand or $.38 per diluted share earned for the fourth quarter of 2001.
- Seventeen North Carolina Public Companies to Present at NCINVEST2003
PRNewswire (January 23, 2003
)
RESEARCH TRIANGLE PARK, N.C., Jan. 23 /PRNewswire/ -- NCINVEST2003, an annual investor conference presenting public companies in North Carolina, today announced the 17 participating companies and 24 sponsors that have joined together for this landmark event to be held on February 13, 2003 at the North Raleigh Hilton.
- Bank of Granite Amends Merger Agreement With Charlotte´s First Commerce Bank
PRNewswire (January 23, 2003
)
CHARLOTTE, N.C., Jan. 23 /PRNewswire-FirstCall/ -- Bank of Granite Corporation and First Commerce Corporation (BULLETIN BOARD: FCMM) have amended their definitive merger agreement originally signed December 18, 2002, according to John A. Forlines, Jr., Chairman and Chief Executive Officer of Bank of Granite, and Wesley W. Sturges, President and CEO of First Commerce.
- Senators See No Major Hitch for SEC's Donaldson
Reuters (January 23, 2003
)
WASHINGTON (Reuters) - The delay in the formal nomination of Wall Street banker William Donaldson as next chairman of the Securities and Exchange Commission didn't signify a major problem in his background, two top lawmakers said on Wednesday.
- MBNA Falls as Loan Reserves Are Raised
Reuters (January 23, 2003
)
NEW YORK (Reuters) - MBNA Corp. <KRB.N>, the largest independent issuer of credit cards in the United States, on Thursday said quarterly earnings missed Wall Street expectations as it had to boost reserves by $130 million, mainly to cover soured consumer loans.
- Marshall & Ilsley Corporation to Present at Salomon Smith Barney Financial Services Conference
PRNewswire (January 23, 2003
)
MILWAUKEE, Jan. 23 /PRNewswire-FirstCall/ -- Marshall & Ilsley Corporation (M&I) will present at the Salomon Smith Barney Financial Services Conference from 9 a.m. to 9:45 a.m. (EST), Tuesday, Jan. 28, 2003, at The Plaza Hotel in New York City.
- Southwest Bancorporation of Texas to Present at Salomon Smith Barney Financial Services Conference
PRNewswire (January 23, 2003
)
HOUSTON, Jan. 23 /PRNewswire-FirstCall/ -- Southwest Bancorporation of Texas , the largest independent bank holding company in Houston, will make a presentation at Salomon Smith Barney's Financial Services Conference on Tuesday, Jan. 28 at 8:15 a.m. EST.
- General Employment Reports First Quarter Results
PRNewswire (January 23, 2003
)
OAKBROOK TERRACE, Ill., Jan. 23 /PRNewswire-FirstCall/ -- General Employment Enterprises, Inc. reported a net loss of $644,000, or $ .13 per share, for the quarter ended December 31, 2002, compared with a net loss of $550,000, or $ .11 per share, for the same quarter last year.
- SNB Bancshares, Inc. Announces Record 2002 Earnings and 2003 Outlook
PRNewswire (January 23, 2003
)
MACON, Ga., Jan. 23 /PRNewswire-FirstCall/ -- SNB Bancshares, Inc. ("SNB" and the "Company") today announced results for the year and quarter ended December 31, 2002, as well as the Company's outlook for 2003.
- Inforte Corp. Invites You to its Fourth Quarter Earnings Conference Call
PRNewswire (January 23, 2003
)
CHICAGO, Jan. 23 /PRNewswire-FirstCall/ -- Inforte Corp. invites you to listen to its Fourth Quarter Earnings Conference Call live over the Internet on January 24, 2002 at 8:30 a.m. Eastern Time.
- 1st State Bancorp, Inc. Announces Increased Earnings
PRNewswire (January 23, 2003
)
BURLINGTON, N.C., Jan. 23 /PRNewswire-FirstCall/ -- 1st State Bancorp, Inc. , the parent holding company for 1st State Bank, has reported increased earnings for the quarter ended December 31, 2002. Net income for the quarter ended December 31, 2002 increased 16.3% to $982,775, from net income of $844,968 earned in the quarter ended December 31, 2001. Basic earnings per share increased $0.07 per
- Lockheed Martin Increases Quarterly Dividend by 9 Percent
PRNewswire (January 23, 2003
)
BETHESDA, Md., Jan. 23 /PRNewswire-FirstCall/ -- Lockheed Martin's board of directors today declared a regular quarterly dividend on the Corporation's common stock and increased the quarterly dividend amount by 9 percent, to 12 cents per share.
- Sterling Bancshares Issues Corrected Capital Ratios
PRNewswire (January 23, 2003
)
HOUSTON, Jan. 23 /PRNewswire-FirstCall/ -- Sterling Bancshares, Inc. today reported a correction to the capital ratios reported in the fourth quarter earnings release dated January 16, 2003. The ratios, as of December 31, 2002 as reported on page 4 (titled Financial Highlights) should read:
- PHI Declares Dividend
PRNewswire (January 23, 2003
)
WASHINGTON, Jan. 23 /PRNewswire-FirstCall/ -- Pepco Holdings, Inc.'s Board of Directors today declared a dividend on common stock of 25 cents per share payable March 31, 2003, to shareholders of record on March 10, 2003.
- Yellow Reports Fourfold Increase in Fourth Quarter Operating Income
PRNewswire (January 23, 2003
)
OVERLAND PARK, Kan., Jan. 23 /PRNewswire-FirstCall/ -- Yellow Corporation today announced fourth quarter and full year 2002 operating results. All financial results presented are for the "new" Yellow, with SCS Transportation recorded as discontinued operations. Income from continuing operations, excluding unusual items, was $.50 per share compared to analysts' consensus of $.49 per s
- Summit Bancshares Announces Fourth Quarter and Year 2002 Results
PRNewswire (January 22, 2003
)
FORT WORTH, Texas, Jan. 22 /PRNewswire-FirstCall/ -- Summit Bancshares, Inc. , a community-oriented bank holding company in Fort Worth, with assets of $688 million, reported fourth quarter earnings today. Philip E. Norwood, Chairman, President and Chief Executive Officer stated, "Although earnings for 2002 were not what we had hoped for, the earnings for the year were the highest in Company
- Virginia Baseball Stadium Authority Chooses White & Baldacci For Major League Baseball Marketing Push
PRNewswire (January 22, 2003
)
RESTON, Va., Jan. 22 /PRNewswire/ -- The Virginia Baseball Stadium Authority today has selected White & Baldacci to be its marketing agency. The Authority recently decided to retain a marketing partner as it prepares for a series of meetings and presentations with Major League Baseball's Relocation Committee. The first meeting with potential host jurisdictions will be held in New York City
- /C O R R E C T I O N -- Money Management International/
PRNewswire (January 22, 2003
)
, Jan. 22 /PRNewswire/ -- In the news release, Stretching Your Exercise Budget; Frugal Fitness Tips From Money Management International, issued earlier today by Money Management International over PR Newswire, we are advised by the company that the headline should read "Stretching Your Exercise Budget" rather than "Streching Your Exercise Budget" as originally issued inadverten
- FFW Corporation Announces Net Income for the Quarter Ended December 31, 2002
PRNewswire (January 22, 2003
)
WABASH, Ind., Jan. 22 /PRNewswire-FirstCall/ -- FFW Corporation , parent corporation of First Federal Savings Bank of Wabash, Indiana, announced operating results for the second fiscal quarter of 2003 and six months ended December 31, 2002. Net income for the quarter ended December 31, 2002, was $616,000, a 40.0% increase from the $440,000 reported for the quarter ended December 31, 2001. Dilut
- First Community Corporation Announces Earnings and Cash Dividend
PRNewswire (January 22, 2003
)
LEXINGTON, S.C., Jan. 22 /PRNewswire-FirstCall/ -- Today First Community Corporation (Nasdaq SmallCap: FCCO), the holding company for First Community Bank, reported net income for the fourth quarter and year ended 2002. For the year ended December 31, 2002, net income was $1.464 million compared to the $1.104 million earned during the same period in 2001, an increase of 32.6%. Diluted earnings p
- JP Morgan Posts Loss, Merrill Posts Profit
Reuters (January 22, 2003
)
NEW YORK (Reuters) - J.P. Morgan Chase & Co. Inc. on Wednesday posted a wider fourth-quarter loss on charges to cover Enron-related losses and other legal battles, while cost-cutting lifted results at Wall Street rival Merrill Lynch & Co. Inc.
- Cincinnati Financial Corporation to Present at Salomon Smith Barney Financial Services Conference 2003
PRNewswire (January 22, 2003
)
CINCINNATI, Jan. 22 /PRNewswire-FirstCall/ -- Cincinnati Financial Corporation announced today that the company plans to participate in the Salomon Smith Barney Financial Services Conference 2003 in New York City on January 28-30, 2003. Cincinnati Financial Corporation is scheduled to present from 3:45 p.m. to 4:30 p.m. EST on Wednesday, January 29. The conference hosts companies representing th
- SEC to Vote on Mutual Funds Vote Lists
AP (January 22, 2003)
NEW YORK (AP) - When mutual funds weigh in on big decisions at the companies whose shares they hold - anything from an acquisition by General Electric Co. to who's on the board of Microsoft Corp. - they have no obligation to tell anyone how they cast their ballots. Not even investors on whose behalf the votes were collectively cast.
- Provident Financial Group, Inc. & PFGI Capital Corporation Confirm Cash Payment on Income PRIDES(SM)
PRNewswire (January 22, 2003
)
CINCINNATI, Jan. 22 /PRNewswire-FirstCall/ -- Provident Financial Group, Inc. and PFGI Capital Corporation announced that the scheduled cash payment on their Income PRIDES(SM) security will be paid on February 18, 2003. The distribution, accruing from November 18, 2002 through February 17, 2003, is payable to holders of record on February 1, 2003, at a rate of $0.5625 per each Income PRIDES(SM)
- Abigail Adams National Bancorp, Inc. Reports Fourth Quarter Earnings Per Share Growth of 20%
PRNewswire (January 22, 2003
)
WASHINGTON, Jan. 22 /PRNewswire-FirstCall/ -- Abigail Adams Bancorp, Inc. , the parent holding company of The Adams National Bank, announced record earnings of $1.13 per share for the twelve months ended December 31, 2002, compared to $.96 per share in 2001.
- 2002 Net Income Up 53.2 Percent at Tower Financial Corporation
PRNewswire (January 22, 2003
)
FORT WAYNE, Ind., Jan. 22 /PRNewswire-FirstCall/ -- Tower Financial Corporation today announced 2002 net income of $1.7 million, a 53.2 percent increase from the $1.1 million reported for 2001. Earnings per diluted share were $0.56, up 27.3 percent from $0.44 in 2001, despite the issuance of 1,395,232 shares of common stock on August 29, 2002, in connection with a third quarter rights and a lim
- Wayne Savings Bancshares, Inc. Announces Earnings Increase
PRNewswire (January 22, 2003
)
WOOSTER, Ohio, Jan. 22 /PRNewswire-FirstCall/ -- Wayne Savings Bancshares, Inc. , the stock holding company parent of Wayne Savings Community Bank, reported net earnings of $739,000, or $.29 per diluted share, for the third fiscal quarter ended December 31, 2002. This represents a 52% increase over net earnings of $487,000, or $.19 per diluted share, reported in the same quarter last year.
- Owens & Minor Invites You to Join Its Year-End and Fourth Quarter 2002 Conference Call on the Web
PRNewswire (January 22, 2003
)
Richmond, Va., Jan. 22 /PRNewswire-FirstCall/ -- In conjunction with Owens & Minor's Year-End and Fourth Quarter 2002 financial results, you are invited to listen to its conference call that will be broadcast live over the Internet on Thursday, January 30, 2003 at 8:30 am Eastern Time with G. Gilmer Minor, III, Chairman and Chief Executive Officer of Owens & Minor, who will lead the disc
- MidSouth Bancorp, Inc. Announces Fourth Quarter Earnings
PRNewswire (January 22, 2003
)
LAFAYETTE, La., Jan. 22 /PRNewswire-FirstCall/ -- MidSouth Bancorp, Inc. announced today net income of $1,282,034 for the fourth quarter of 2002, an increase of 43% over net income of $895,018 for the fourth quarter of 2001. Basic earnings per share were $.44 and $.31 for the quarters ended December 31, 2002 and 2001, respectively. Diluted earnings per share were $.43 for the fourth quarter of
- First Midwest Reports Fourth Quarter Results: 4th Quarter Up 9.3% - Full Year Up Record 14.1%
PRNewswire (January 22, 2003
)
- Hana Bank, Morgan Stanley in Venture
Reuters (January 22, 2003
)
SEOUL (Reuters) - Morgan Stanley <MWD.N> agreed to form a joint venture on Wednesday to take over 500 billion won ($425.9 million) worth of properties and loans from South Korea's Hana Bank <02860.KS>.
- Coastal Financial Corporation Announces Fiscal 2003 First Quarter Earnings
PRNewswire (January 22, 2003
)
MYRTLE BEACH, S.C., Jan. 22 /PRNewswire-FirstCall/ -- Coastal Financial Corporation today announced earnings for the first fiscal quarter ended December 31, 2002.
- Roanoke Electric Steel Corporation Declares 177th Consecutive Quarterly Cash Dividend
PRNewswire (January 22, 2003
)
ROANOKE, Va., Jan. 22 /PRNewswire-FirstCall/ -- Roanoke Electric Steel Corporation today reported that at a regular meeting of the Board of Directors of the Corporation held January 21, 2003, the 177th consecutive quarterly cash dividend was declared in the amount of 5 cents per share of common stock, payable February 25, 2003, to shareholders of record February 7, 2003.
- Capitol Federal Financial Reports First Quarter 2003 Results
PRNewswire (January 22, 2003
)
TOPEKA, Kan., Jan. 22 /PRNewswire/ -- Capitol Federal Financial today announces results for the December 31, 2002 quarter. Highlights for the quarter include:
- Northern States Financial 2002 Earnings Ease
PRNewswire (January 22, 2003
)
WAUKEGAN, Ill., Jan. 22 /PRNewswire-FirstCall/ -- Northern States Financial Corporation , holding company for the Bank of Waukegan, today reported earnings for 2002 of $7,511,000, or $1.71 diluted earnings per share, compared with $7,759,000, or $1.74 diluted earnings per share last year, a decrease of 3.2 percent.
- J.P. Morgan, Bank of New York Miss Marks
AP (January 22, 2003)
NEW YORK (AP) - Hard-hit by sour loans and regulatory penalties, J.P. Morgan Chase & Co. on Wednesday reported a wider loss in the fourth quarter than had been expected by Wall Street analysts.
- Wainwright Bank Praised as One of 10 Best ´Green´ Banking Firms in U.S.
PRNewswire (January 22, 2003
)
BOSTON, Jan. 22 /PRNewswire-FirstCall/ -- The national Community Investing Campaign today honored Wainwright Bank & Trust Company as one of 10 leading "green" banking organizations in the United States that are "leaders in providing financing for small businesses and nonprofits to create environmentally friendly products and services in their communities."
- Ga. Mortgage Law Prompts Lender Flight
AP (January 22, 2003)
ATLANTA (AP) - A state law designed to protect homeowners from predatory lending is scaring away lenders and could make it harder for Georgians to get mortgage loans.
- First Federal Bancorp Reports First Quarter Results
PRNewswire (January 22, 2003
)
ZANESVILLE, Ohio, Jan. 22 /PRNewswire-FirstCall/ -- J. William Plummer, President and Chief Executive Officer, First Federal Bancorp, Inc. , today reported net income of $427,787 for the three months ended December 31, 2002 compared with $683,830 for the same period last year. Lower non-interest expenses were offset by a decline in net interest income and non-interest income. Net income per dilu
- Fidelity Bankshares Announces 113% Profit Improvement In 2002 to $16.8 Million/EPS $1.11
PRNewswire (January 22, 2003
)
, Jan. 22 /PRNewswire/ -- Assets Reach $2.4 Billion, Deposits $1.9 Billion
- The Nasdaq Stock Market, Inc. Sets Investor Conference Call and Media Q&A To Discuss 4th Quarter and Full-Year 2002 Financial Results
PRNewswire (January 22, 2003
)
NEW YORK, Jan. 22 /PRNewswire-FirstCall/ -- The following was issued by the Nasdaq Stock Market, Inc.:
- Downey Financial Corp. Declares Quarterly Dividend
PRNewswire (January 22, 2003
)
NEWPORT BEACH, Calif., Jan. 22 /PRNewswire-FirstCall/ -- Downey Financial Corp. announced today that the Board of Directors declared a quarterly cash dividend of $0.09 per share payable on February 21, 2003, to shareholders of record on February 6, 2003.
- Bank of America Directors Authorize New 130 Million Share Repurchase Program; Regular Quarterly Dividend Declared
PRNewswire (January 22, 2003
)
CHARLOTTE, N.C., Jan. 22 /PRNewswire/ -- The Bank of America Corporation board of directors today approved the repurchase of 130 million additional shares, authorizing management to spend up to $12 billion within 24 months.
- Oxford Bank Corporation Announces 20th Consecutive Year Of Record Earnings in 2002
PRNewswire (January 22, 2003
)
OXFORD, Mich., Jan. 22 /PRNewswire-FirstCall/ -- Oxford Bank Corporation (BULLETIN BOARD: OXBC) , the holding company for Oxford Bank, announced today record 2002 earnings of $4,828,000 or $3.77 per common share. These earnings were 10.79 percent more than the income of $4,358,000 or $3.40 per share reported for 2001. As a result, the Bank garnered its 20th consecutive year of record income.
- The Town and Country Trust Announces Composition of 2002 Dividends
PRNewswire (January 22, 2003
)
BALTIMORE, Jan. 22 /PRNewswire-FirstCall/ -- The Town and Country Trust , announced today the Federal income tax characteristics of its 2002 distributions paid on its common shares as they will be reported on Form 1099-DIV. The classifications are as follows:
- BancorpSouth, Inc. Declares Quarterly Dividend
PRNewswire (January 22, 2003
)
TUPELO, Miss., Jan. 22 /PRNewswire-FirstCall/ -- At their regular quarterly meeting on January 22, 2003, the Board of Directors of BancorpSouth, Inc. declared a quarterly cash dividend of $0.16 per common share. The dividend is payable April 1, 2003 to shareholders of record at the close of business on March 14, 2003.
- Dearborn Bancorp Reports 72 Percent Increase in 2002 Earnings
PRNewswire (January 22, 2003
)
DEARBORN, Mich., Jan. 22 /PRNewswire-FirstCall/ -- Dearborn Bancorp, Inc. , the holding company for Community Bank of Dearborn, recorded a 72.0 percent increase in net income for the 12 months ended December 31, 2002. Net income for the year was $2,647,000 or $0.97 per fully diluted common share. For 2001, the Company reported net income of $1,539,000 or $0.56 per diluted common share. Net inco
- Merrill Cost Cuts Offset Weaknesses
Reuters (January 22, 2003
)
NEW YORK (Reuters) - Merrill Lynch & Co. Inc. on Wednesday said profit before special items jumped 25 percent in the fourth quarter on cost cuts, but the No. 1 U.S. brokerage warned of revenue erosion if weak stock markets dog its key trading and investment banking businesses.
- Freddie Mac to Restate Earns, Stock Falls
Reuters (January 22, 2003
)
NEW YORK (Reuters) - Freddie Mac<FRE.N>, the No. 2 U.S. mortgage finance company, said on Wednesday it would restate up to three years of results to reflect higher earnings from derivatives that it should have taken in previous years.
- First Federal Bankshares Announces Earnings and Declares Dividend
PRNewswire (January 22, 2003
)
SIOUX CITY, Iowa, Jan. 22 /PRNewswire-FirstCall/ -- First Federal Bankshares, Inc. (the "Company") reported net earnings of $1.5 million, or diluted earnings per share of $0.38, for the quarter ended December 31, 2002. This compares to net earnings of $1.1 million, or diluted earnings per share of $0.27, for the quarter ended December 31, 2001 and to net earnings of $1.2 million, or d
- Radio One, Inc. Fourth Quarter Results Conference Call
PRNewswire (January 22, 2003
)
WASHINGTON, Jan. 22 /PRNewswire-FirstCall/ -- Radio One, Inc. (Nasdaq: ROIAK; ROIA) will be holding a conference call for investors, analysts and other interested parties to discuss its results for the fourth fiscal quarter of 2002.
- Cullen/Frost Bankers, Inc. Hosts Quarterly Earnings Conference Call
PRNewswire (January 22, 2003
)
SAN ANTONIO, Jan. 15 /PRNewswire-FirstCall/ -- Cullen/Frost Bankers, Inc. will host a conference call on Wednesday, January 22, 2003 to discuss fourth quarter and year ended 2002 earnings.
- J.P. Morgan Posts Loss on Enron Charges
Reuters (January 22, 2003
)
NEW YORK (Reuters) - J.P. Morgan Chase & Co. Inc. <JPM.N>, the No. 2 U.S. banking company, on Wednesday posted a larger fourth-quarter loss because of $1.3 billion in charges to cover Enron-related losses and other legal battles.
- West Corporation Invites You to Join Its Fourth Quarter & Full-Year Earnings Conference Call
PRNewswire (January 22, 2003
)
OMAHA, Neb., Jan. 22 /PRNewswire-FirstCall/ -- West Corporation today announced that it will hold its Fourth Quarter and Full Year 2002 Earnings conference call on February 5th at 10:00 AM Central Time. You are invited to join a live webcast of the call, which will be hosted by CEO Tom Barker and CFO Paul Mendlik. Investors may access the call by visiting the Investor Relations section of the We
- Strayer Education, Inc. Schedules 2002 Year End Earnings Release and Conference Call
PRNewswire (January 22, 2003
)
ARLINGTON, Va., Jan. 22 /PRNewswire-FirstCall/ -- ? Strayer Education, Inc. today announced that it will host a conference call to discuss its year end earnings on Thursday, February 13, 2003 at 10:00 a.m. ET. A news release outlining the financial results will be issued before the market opens the same day.
- Experian Announces Major Enhancements to Its Business Owner Profile
PRNewswire (January 22, 2003
)
COSTA MESA, Calif., Jan. 22 /PRNewswire/ -- Experian(R), a global information solutions company, has added Fraud Shield capabilities and the Name Matching Service from the Office of Foreign Assets Control (OFAC) to its Business Owner Profile. Experian's Business Owner Profile connects the credit history of business owners to the credit history of their business. These additional enhancements wi
- Huntington Bancshares to Present at Financial Services Conference
PRNewswire (January 22, 2003
)
COLUMBUS, Ohio, Jan. 22 /PRNewswire-FirstCall/ -- Huntington Bancshares Incorporated will be participating in the Salomon Smith Barney Financial Services Conference on Tuesday, January 28, 2003 at the Plaza Hotel in New York City. Tom Hoaglin, Chairman, President and CEO, Mike McMennamin, Vice Chairman and CFO, and Mary Navarro, Executive Vice President Retail Banking are scheduled to present t
- Integra Bank Corporation Reports 4th Quarter Net Income of 23 Cents Per Share
PRNewswire (January 22, 2003
)
EVANSVILLE, Ind., Jan. 22 /PRNewswire-FirstCall/ -- Integra Bank Corporation , today reported net income of $4.0 million, or $0.23 per diluted share for the fourth quarter ended December 31, 2002.
- FleetBoston Sues Advanta for Tax Benefit
Reuters (January 22, 2003
)
NEW YORK (Reuters) - U.S. business credit card company Advanta Corp said on Wednesday it was sued by FleetBoston Financial Corp., claiming entitlement to $508 million in tax deductions related to its 1998 purchase of Advanta's consumer credit card business.
- BankUnited To Release 1st Quarter Earnings; Conference Call To Be Held on January 27, 2003
PRNewswire (January 22, 2003
)
CORAL GABLES, Fla., Jan. 22 /PRNewswire-FirstCall/ -- BankUnited Financial Corporation , parent company of BankUnited, FSB, announced today that financial results for the first quarter of fiscal year 2003, which ended on December 31, 2002, will be made public in a release on Monday, January 27, 2003 after markets open.
- Federal Home Loan Bank of Atlanta Awards $4.2 Million For Affordable Housing Projects in South Carolina
PRNewswire (January 22, 2003
)
ATLANTA, Jan. 22 /PRNewswire/ -- Seven South Carolina partnerships will receive more than $4 million in subsidies to create affordable housing for hundreds of low-and moderate-income families throughout the state, the Federal Home Loan Bank of Atlanta (FHLBA) announced today.
- General Dynamics Reports 4Q, Full Year 2002 Results
PRNewswire (January 22, 2003
)
FALLS CHURCH, Va., Jan. 22 /PRNewswire-FirstCall/ -- General Dynamics today reported 2002 fourth quarter earnings from continuing operations of $269 million, $1.33 per share on a fully diluted basis, on sales of $3.9 billion. This included a pretax gain of $36 million from the sale of certain space propulsion assets of its munitions business in the quarter. In the fourth quarter of 2001, earni
- ITEC Completes Acquisition of Controlling Interest in Greenland Corporation
PRNewswire (January 22, 2003
)
SAN DIEGO, Jan. 22 /PRNewswire-FirstCall/ -- Imaging Technologies Corporation (BULLETIN BOARD: IMTO) today reported that it completed its acquisition of controlling interest in Greenland Corporation (BULLETIN BOARD: GRLC) .
- AIM 88 Declares Monthly Distribution for January of Three Cents Per Unit
PRNewswire (January 22, 2003
)
ROCKVILLE, Md., Jan. 22 /PRNewswire/ -- The general partner of American Insured Mortgage Investors L.P.-Series 88 (AIM 88) today declared the monthly distribution for January 2003 in the amount of three cents per unit regular cash flow. Holders of record on January 31, 2003 will receive this amount as part of the first quarter distribution which will be paid on May 1, 2003.
- Florida State Hispanic Chamber of Commerce Announces Plan to Facilitate $100 Million in Small Business Loans for Florida-Based, Hispanic- and Minority-Owned Businesses
PRNewswire (January 22, 2003
)
HOLLYWOOD, Fla., Jan. 22 /PRNewswire/ -- The Florida State Hispanic Chamber of Commerce (FSHCC) today announced an ambitious statewide initiative to facilitate $100 million in small business loans to Florida-based, Hispanic- and minority-owned businesses. FSHCC President Julio Fuentes was joined by Honorable Ciro Rodriguez, Chairman of the Hispanic Congressional Caucus, Honorable Richard Polanco
- Flagstar Bancorp Announces 2003 Earnings Projections And Possible Redemption of REIT Preferred Securities
PRNewswire (January 22, 2003
)
TROY, Mich., Jan. 22 /PRNewswire-FirstCall/ -- Flagstar Bancorp, Inc. , the holding company for Flagstar Bank, FSB, held its Analyst/Investor Conference Call today to discuss the Company's 2003 fourth quarter and year-end earnings which were released to the public after the close of business on January 21, 2003. During that conference call, the Company announced (i) its earnings projection for 2
- AIM 86 Declares Monthly Distribution for January of 19 Cents Per Unit
PRNewswire (January 22, 2003
)
ROCKVILLE, Md., Jan. 22 /PRNewswire/ -- The general partner of American Insured Mortgage Investors L.P. - Series 86 (AIM 86) today declared the monthly distribution for January 2003 in the amount of 19 cents per unit. Holders of record on January 31, 2003 will receive this amount as part of the first quarter distribution which will be paid on May 1, 2003.
- Progress Financial Corporation Announces 50% Increase in Fourth Quarter 2002 Earnings Per Share
PRNewswire (January 22, 2003
)
BLUE BELL, Pa., Jan. 22 /PRNewswire-FirstCall/ -- Progress Financial Corporation (the "Company") , reported fourth quarter 2002 net income of $1.0 million, or diluted earnings per share of $.15, compared to net income of $555,000, or diluted earnings per share of $.10, for the fourth quarter of 2001. Net income for the year ended December 31, 2002 was $4.0 million, or diluted earnings
- Lockheed Martin to Webcast Fourth Quarter and Year End 2002 Earnings Conference Call
PRNewswire (January 22, 2003
)
BETHESDA, Md., Jan. 22 /PRNewswire-FirstCall/ -- Lockheed Martin will webcast live its fourth quarter and year end 2002 earnings conference call on Friday, January 24, 2003 from 11 a.m. to 12 p.m. (ET).
- Fauquier Bankshares, Inc. Announces Record Fourth Quarter and Annual Earnings
PRNewswire (January 22, 2003
)
WARRENTON, Va., Jan. 22 /PRNewswire-FirstCall/ -- Fauquier Bankshares, Inc. , today reported record net income for the year ended December 31, 2002 of $3,930,000, or $1.14 per diluted share, compared with $3,515,000, or $1.01 per diluted share, for 2001. This represents an 11.8% increase from 2001 to 2002. Return on average assets and return on average equity for 2002 were 1.29% and 15.74%, respe
- American Pacific to Hold 2003 First Fiscal Quarter Investor Teleconference on Wednesday, January 29, 2003
PRNewswire (January 22, 2003
)
LAS VEGAS, Jan. 22 /PRNewswire-FirstCall/ -- American Pacific Corporation invites you to participate in a teleconference with the executive management of American Pacific covering the 2003 first fiscal quarter financial results and outlook.
- Old National Reports Fourth Quarter Operating Earnings Per Share Up 10.5%; Record Earnings of $1.71 Per Share for Full Year Top 2001 Results by 13.2%
PRNewswire (January 22, 2003
)
EVANSVILLE, Ind., Jan. 22 /PRNewswire-FirstCall/ -- Old National Bancorp reported fourth quarter per share results 10.5% ahead of last year and record operating earnings for 2002. Fourth quarter earnings of $.42 per share resulted in full year earnings of $1.71, a 13.2% improvement over the $1.51 earned in 2001. All per share results have been adjusted to reflect a 5% stock dividend which was
- Fourth Quarter 2002 CIAB Market Survey: Premiums Still on the Rise
PRNewswire (January 22, 2003
)
WASHINGTON, Jan. 22 /PRNewswire/ -- More than two-thirds of the small and medium-sized commercial property/casualty accounts and 59 percent of the large accounts experienced premium increases between 10 and 30 percent during the last three months of 2002, according to a survey of the nation's leading insurance brokers.
- Stock Ownership Rose Above 50 Percent-Fed
Reuters (January 22, 2003
)
WASHINGTON (Reuters) - More than half of U.S. households held stocks in 2001, either directly or indirectly through mutual funds and retirement plans, with the figure rising above 50 percent for the first time, said a Federal Reserve paper released on Wednesday.
- Rydex Capital Partners to Utilize S&P Hedge Fund Index to Meet Emerging Needs of Affluent U.S. Investors and Their Advisors
PRNewswire (January 22, 2003
)
ROCKVILLE, Md., Jan. 22 /PRNewswire/ -- Rydex Capital Partners (Rydex) announced today that it has signed an agreement with Standard & Poor's and PlusFunds Group Inc. to introduce an investment product based on the S&P Hedge Fund Index. This product is the first of its kind to be offered to qualified U.S. investors and will be made available through independent registered investment advi
- Virginia Financial Group, Inc. Announces 65.7% Increase In Fourth Quarter Earnings; 24.8% Growth for Year
PRNewswire (January 22, 2003
)
CULPEPER, Va., Jan. 22 /PRNewswire-FirstCall/ -- Virginia Financial Group, Inc. today reported earnings for the fourth quarter of $3.10 million or $.43 per diluted share, a 65.7% increase over $1.87 million or $.26 per diluted share in 2001. For the year ended December 31, 2002, the Company reported earnings of $12.34 million or $1.69 per diluted share, an increase of 24.8% over 2001 earnings o
- United Bancorp, Inc. Reports 2002 Earnings per Share Increases of 17.9% and Announces April 23, 2003 as its Annual Meeting Date
PRNewswire (January 22, 2003
)
MARTINS FERRY, Ohio, Jan. 22 /PRNewswire-FirstCall/ -- United Bancorp, Inc. , headquartered in Martins Ferry, Ohio reported record earnings of $3,220,163 compared to $2,755,587 for the twelve months ended December 31, 2002 and 2001, respectively. On a per share basis, basic earnings per share was $0.99 for the twelve months ended December 31, 2002 compared to $0.84 for the twelve months ended Dec
- AIM 85 Declares Monthly Distribution for January of Seven Cents Per Unit
PRNewswire (January 22, 2003
)
ROCKVILLE, Md., Jan. 22 /PRNewswire/ -- The general partner of American Insured Mortgage Investors - Series 85, L.P. (AIM 85) today declared the monthly distribution for January 2003 in the amount of seven cents per unit. Holders of record on January 31, 2003, will receive this amount as part of the first quarter distribution which will be paid on May 1, 2003.
- BOK Financial Corporation Reports Record 2002 Earnings; Non-interest Revenue, Expansion Reinforce Growth
PRNewswire (January 22, 2003
)
TULSA, Okla., Jan. 22 /PRNewswire-FirstCall/ -- A combination of solid loan and deposit growth, consistent increases in non-interest revenue and continued expansion in high-growth markets contributed to record earnings for BOK Financial Corporation in 2002.
- Florida State Hispanic Chamber of Commerce Announces Plan to Facilitate $100 Million in Small Business Loans for Florida-Based, Hispanic- and Minority-Owned Businesses
PRNewswire (January 22, 2003
)
HOLLYWOOD, Fla., Jan. 22 /PRNewswire/ -- The Florida State Hispanic Chamber of Commerce (FSHCC) today announced an ambitious statewide initiative to facilitate $100 million in small business loans to Florida-based, Hispanic- and minority-owned businesses. FSHCC President Julio Fuentes was joined by Honorable Ciro Rodriguez, Chairman of the Hispanic Congressional Caucus and Honorable Richard Polan
- Irwin Financial Corporation Announces 2002 Fourth Quarter and Annual Earnings Conference Call
PRNewswire (January 22, 2003
)
COLUMBUS, Ind., Jan. 22 /PRNewswire-FirstCall/ -- IRWIN FINANCIAL CORPORATION intends to release its Fourth Quarter and Annual 2002 operating results on January 24, 2003.
- Many Companies to Show Huge Increases in Pension Expenses for 2003, According To Deloitte & Touche Survey
PRNewswire (January 22, 2003
)
CHICAGO, Jan. 22 /PRNewswire/ -- Many companies are facing huge expense increases this year to make up for investment losses in their pension plans, according to a new survey from Deloitte & Touche LLP, a global leader in human resources and employee benefits consulting. The increases in pension expenses could undercut corporate earnings growth this year and potentially dampen an economic rec
- Streching Your Exercise Budget; Frugal Fitness Tips From Money Management International
PRNewswire (January 22, 2003
)
HOUSTON, Jan. 22 /PRNewswire/ -- When joining a gym in January, you will pay more than you would any other time of the year. Getting in shape is always a good idea, but in order to make sure it is your body and not your wallet that's getting the workout, consider the following advice from Rudy Cavazos, director of corporate and media relations for Money Management International.
- Fidelity Bancorp Reports First Quarter EPS of $0.58
PRNewswire (January 22, 2003
)
CHICAGO, Jan. 22 /PRNewswire-FirstCall/ -- Fidelity Bancorp, Inc. , the parent company of Fidelity Federal Savings Bank, today reported fiscal 2003 first quarter earnings of $0.58 per diluted share for the quarter ended December 31, 2002. The company also announced its board of directors declared a quarterly dividend of $0.10 per share, payable February 14, 2003 to stockholders of record as of Fe
- Southern Community Financial Corporation Reports Record 2002 and Fourth Quarter Earnings; Earnings Per Share Triples for the Fourth Quarter
PRNewswire (January 22, 2003
)
WINSTON-SALEM, N.C., Jan. 22 /PRNewswire-FirstCall/ -- Southern Community Financial Corporation (the "Company"), the holding company for Southern Community Bank and Trust, reported record operating results for both the three months and year the ended December 31, 2002 with after tax net income of $1.1 million and $3.2 million, respectively compared to $403,000 and $2.1 million for the
- Florida State Hispanic Chamber of Commerce Announces Plan to Facilitate $100 Million in Small Business Loans for Florida-Based, Hispanic- and Minority-Owned Businesses
PRNewswire (January 22, 2003
)
HOLLYWOOD, Fla., Jan. 22 /PRNewswire/ -- The Florida State Hispanic Chamber of Commerce (FSHCC) today announced an ambitious statewide initiative to facilitate $100 million in small business loans to Florida-based, Hispanic- and minority-owned businesses. FSHCC President Julio Fuentes was joined by Honorable Ciro Rodriguez, Chairman of the Hispanic Congressional Caucus and Honorable Richard Polan
- E*Trade Quarterly Profit Up
Reuters (January 22, 2003
)
MENLO PARK, Calif. (Reuters) - Online bank and brokerage company E*Trade Group Inc. <ET.N> said Wednesday its fourth-quarter profit rose, as fees from banking services offset soft customer stock trading.
- Solid Fourth Quarter Propels Overnite to Best Finish in Eight Years
PRNewswire (January 22, 2003
)
RICHMOND, Va., Jan. 22 /PRNewswire-FirstCall/ -- Overnite, completing its finest year since 1994, today reported a 16.2 percent increase in net income of $55.1 million on revenue of $1.33 billion in 2002, compared to $47.4 million and $1.27 billion, respectively, in 2001. The numbers include the pro forma effects of the Nov. 30, 2001 acquisition of Motor Cargo Industries as if the acquisition ha
- First M&F Corp. Reports Fourth Quarter 2002 Earnings
PRNewswire (January 22, 2003
)
KOSCIUSKO, Miss., Jan. 22 /PRNewswire-FirstCall/ -- First M&F Corp.'s net income for the quarter ended December 31, 2002 was $2,730,161, or $.59 basic and diluted per share, compared to $2,059,591, or $.45 per share for the fourth quarter of 2001. Earnings for the year ended December 31, 2002 were $10,234,949, or $2.22 per basic and diluted share as compared to $7,153,265, or $1.55 per shar
- Regulators Probe Hedge Fund Research-WSJ
Reuters (January 22, 2003
)
NEW YORK (Reuters) - The New York Attorney General and the Securities and Exchange Commission are examining complaints that hedge funds could be working together to manipulate stock prices in a bid to bolster their trading positions, the Wall Street Journal reported on Wednesday.
- World Acceptance Corporation Reports Third Quarter Results; Acquires Royal Finance and Expands Into Alabama
PRNewswire (January 22, 2003
)
GREENVILLE, S.C., Jan. 22 /PRNewswire-FirstCall/ -- World Acceptance Corporation (Nasdaq-NM: WRLD) today reported higher revenue, net income and loans for its third fiscal quarter ended December 31, 2002. The Company also reported the acquisition of the assets and branch offices of Royal Finance. The acquisition expands World Acceptance's operations into Alabama, a new state for the Company.
- Fidelity National Corporation Reports 2002 Fourth Quarter and Year-End Earnings -- Reflects Credit Card Sale
PRNewswire (January 22, 2003
)
ATLANTA, Jan. 22 /PRNewswire-FirstCall/ -- Fidelity National Corporation ("Fidelity") announced net income for the year ended December 31, 2002, of $11,395,000 compared to $2,510,000 for 2001, a 354.1% increase. This number reflects the sale of credit card operations. Basic earnings per share for the year ended December 31, 2002, were $1.29 compared to $.29 for 2001. Diluted earning
- Cullen/Frost Reports 4th Quarter Results, Record Annual Earnings for 2002 And Timing of Earnings Conference Call
PRNewswire (January 22, 2003
)
SAN ANTONIO, Jan. 22 /PRNewswire-FirstCall/ -- Cullen/Frost Bankers, Inc. today reported net income of $30.3 million, or $.58 per diluted common share, for the fourth quarter of 2002, a 132 percent increase over fourth quarter 2001 earnings of $13.1 million, or $.25 per diluted common share. For the fourth quarter 2002, return on average assets and equity were 1.36 percent and 17.25 percent, re
- Balau and Keruing: New Hardwood Options for Casual Furniture Retailers from Creative Woodwork International (CWI)
PRNewswire (January 22, 2003
)
MINNEAPOLIS, Jan. 22 /PRNewswire/ -- Teak remains the main choice for outdoor wood furniture. But, original-growth teak is no longer available. Today's plantation-grown timber is costly and lacks the strength and character of traditional teak. Casual furniture retailers risk disappointing consumers when they do not enjoy the quality they should expect after buying expensive teak furniture. Is
- Mortgage Refinancings Dip in Week
Reuters (January 22, 2003
)
NEW YORK (Reuters) - The number of U.S. homeowners applying for loans to buy a home or refinance their mortgage loans dipped even as interest rates fell last week, an industry survey reported on Wednesday.
- Federal Home Loan Bank of Atlanta Awards $4.7 Million to Build Affordable Housing in North Carolina Communities
PRNewswire (January 22, 2003
)
ATLANTA, Jan. 22 /PRNewswire/ -- Hundreds of very low- to moderate-income residents in North Carolina will soon have more affordable housing options thanks in part to the efforts of several local community partnerships that have received $4.7 million in grants and subsidized loans from the Federal Home Loan Bank of Atlanta (FHLBA).
- American National Bankshares Inc. Announces Record Earnings
PRNewswire (January 22, 2003
)
DANVILLE, Va., Jan. 22 /PRNewswire-FirstCall/ -- American National Bankshares Inc. today reported record earnings for the year ending December 31, 2002. American National's basic earnings per share rose to $1.63 from $1.58 in 2001, an increase of 3.2%. Net income was $9.5 million, a slight gain from $9.4 million in 2001.
- E-Trade Meets Earnings Expectations
AP (January 22, 2003)
MENLO PARK, Calif. (AP) - E-Trade Group Inc. posted a sharply higher fourth quarter profit Wednesday, but warned that with little or no growth on the horizon, it will miss Wall Street's 2003 profit targets.
- Northern Trust Corporation Reports 2002 Fourth Quarter Earnings of $.43 Per Share
PRNewswire (January 22, 2003
)
CHICAGO, Jan. 22 /PRNewswire-FirstCall/ -- Northern Trust Corporation reported net income per common share of $.43 for the fourth quarter, compared with $.45 per share earned a year ago. Net income totaled $96.3 million, compared with $102.4 million reported in the fourth quarter of last year. This performance resulted in a return on average common equity of 13.43%. For the full year, net income
- Mississippi View Holding Company Results of Annual Stockholders Meeting / Cash Dividend / Continued Stock Repurchase
PRNewswire (January 22, 2003
)
LITTLE FALLS, Minn., Jan. 22 /PRNewswire-FirstCall/ -- Mississippi View Holding Company (the "Corporation") (Pink Sheets: MIVI), the parent savings and loan holding company of Community Federal Savings and Loan Association of Little Falls (the "Association"), announced that its Annual Meeting of Stockholders was held on January 22, 2003. This was the Corporation's eighth annu
- U.S. Bancorp Piper Jaffray, U.S. Bank and the YWCA of Minneapolis to Offer Second Annual "SAVVY GIRLS" Workshop
PRNewswire (January 21, 2003
)
MINNEAPOLIS, Jan. 21 /PRNewswire/ -- U.S. Bancorp Piper Jaffray, U.S. Bank and the YWCA of Minneapolis are proud to offer the second annual "SAVVY GIRLS" workshop on two Saturdays, Jan. 25 and Feb. 8 at the Midtown YWCA, 2121 E. Lake St. in Minneapolis. The first ever "SAVVY GIRLS" workshop drew 90 mothers and daughters for the two day workshop last January.
- Citigroup Profit Down, Others Gain
Reuters (January 21, 2003
)
NEW YORK (Reuters) - Citigroup Inc. on Tuesday posted lower fourth-quarter results, dragged down by charges from Wall Street's stock-research scandal and lawsuits related to Enron Corp., while earnings at Wells Fargo & Co. and U.S. Bancorp rose on mortgage and deposit gains.
- Bank of America Kicks Off Saturday Banking in South Florida; More Than 80 South Florida Banking Centers Will Be Open on Saturday, Jan. 25
PRNewswire (January 21, 2003
)
TAMPA, Jan. 21 /PRNewswire/ -- Bank of America today announced that it will begin offering Saturday banking hours at more than 80 of its banking centers in South Florida, beginning Jan. 25, 2003. Saturday hours of operation will be from 9 a.m. to 1 p.m.
- San Juan Basin Royalty Trust Declares Monthly Cash Distribution
PRNewswire (January 21, 2003
)
FORT WORTH, Texas, Jan. 21 /PRNewswire-FirstCall/ -- TexasBank, as Trustee of the San Juan Basin Royalty Trust , today declared a monthly cash distribution to the holders of its units of beneficial interest of $0.100682 per unit, based upon production during the month of November 2002. The distribution is payable February 14, 2003, to unit holders of record as of January 31, 2003. Gas productio
- Rica Foods To Amend Form 10-K for the Fiscal Year Ended September 30, 2002
PRNewswire (January 21, 2003
)
MIAMI, Jan. 21 /PRNewswire-FirstCall/ -- Rica Foods, Inc ("Rica Foods") announced today that it has come to the company's attention that Deloitte & Touche, Rica Foods' independent auditors, did not provide Rica Foods with a signed audit report for inclusion in Rica Foods Form 10-K. Accordingly, the independent accountant's report apparently contained in the Form 10-K should not be
- State of Crisis: An Urgent Briefing; Labor, Education, Business and Political Leaders Gather for Emergency Briefing, Present Solutions to the Spiraling State Fiscal Crisis
PRNewswire (January 21, 2003
)
WASHINGTON, Jan. 21 /PRNewswire/ -- For the first time a coalition of elected officials, labor, business and education leaders will come together to discuss the spiraling $189 billion fiscal crisis facing state and local governments. They will detail the ways the budget crisis is hitting hardest and outline comprehensive solutions that could stimulate growth in the economy at 12 noon, Wednesday,
- Strong Mortgage Banking Aids Wells Fargo
Reuters (January 21, 2003
)
SAN FRANCISCO (Reuters) - Wells Fargo & Co. <WFC.N>, the No. 4 U.S. banking company, on Tuesday said fourth-quarter profit rose 10 percent amid deposit growth and mortgage banking gains driven by low interest rates.
- AvalonBay Communities Announces Fourth Quarter and Full Year 2002 Operating Results
PRNewswire (January 21, 2003
)
ALEXANDRIA, Va., Jan. 21 /PRNewswire-FirstCall/ -- AvalonBay Communities, Inc. reported today its fourth quarter and full year 2002 operating results.
- Peoples Bancorp Announces 29th Consecutive Year of Increased Earnings
PRNewswire (January 21, 2003
)
MARIETTA, Ohio, Jan. 21 /PRNewswire-FirstCall/ -- Peoples Bancorp Inc. announced its 29th consecutive year of increased earnings, as net income reached record levels in 2002 due in large part to strong net interest income and enhanced non-interest revenues.
- CheckFree Raises Fiscal 2003 Guidance On Continuing Strong Results
PRNewswire (January 21, 2003
)
ATLANTA, Jan. 21 /PRNewswire-FirstCall/ -- CheckFree Corporation today announced second quarter revenues of $135.5 million and net income of $17.7 million, or 20 cents per share, on a pro forma basis. These results follow a strong first quarter, leading the Company to expect to close its 2003 fiscal year in June with earnings per share in the range of 74 to 77 cents, up from its original expect
- Bank of America Introduces the Industry´s First Mini Check Card
PRNewswire (January 21, 2003
)
CHARLOTTE, N.C., Jan. 21 /PRNewswire/ -- Bank of America customers are now able to make everyday purchases faster and easier with the innovative Check Card version of Bank of America mini card (U.S. patent no. 6,471,127). Bank of America , the number one Check Card issuer, is the first financial institution to offer a mini card linked to a customer's checking account. *
- Texas Regional Bancshares, Inc. Reports Record Annual Earnings
PRNewswire (January 21, 2003
)
MCALLEN, Texas, Jan. 21 /PRNewswire-FirstCall/ -- Texas Regional Bancshares, Inc. ("Texas Regional"), bank holding company for Texas State Bank, today reported net income for fourth quarter 2002 of $13.9 million, or $0.52 per diluted common share compared to $10.3 million, or $0.42 per diluted common share for the same period in 2001. All per share amounts for prior periods have been a
- Park National Corporation Reports Fourth Quarter And Year-End 2002 Earnings And Declares Dividend
PRNewswire (January 21, 2003
)
NEWARK, Ohio, Jan. 21 /PRNewswire-FirstCall/ -- Park National Corporation (Park) today announced record earnings for 2002. Net income for the year totaled $85.579 million, which is a 9.2% increase compared to net income of $78.362 million in 2001. Earnings per share increased by 10.2% to $6.15 compared to $5.58 in 2001. Net income for the fourth quarter of 2002 totaled $20.086 million or $1.4
- Citizens Trust Bank Announces Agreement With U.S. Department of Commerce´s Minority Business Development Agency
PRNewswire (January 21, 2003
)
ATLANTA, Jan. 21 /PRNewswire-FirstCall/ -- Citizens Trust Bank (BULLETIN BOARD: CZBS) (CTB), the largest African American owned bank in the Southeast, today announced its proposed memorandum of understanding with the U.S. Department of Commerce's Minority Business Development Agency (MBDA). Under this agreement, Citizens Trust Bank and the MBDA will work together to promote and encourage minori
- Monroe Bancorp Reports Record Earnings
PRNewswire (January 21, 2003
)
BLOOMINGTON, Ind., Jan. 21 /PRNewswire-FirstCall/ -- Monroe Bancorp , the parent company of Monroe Bank, reported record earnings of $6,098,000, or $1.00 per share, for 2002, a 6.1 percent increase over the Company's 2001 earnings of $5,749,000, or $0.94 per share. Earnings per share for the quarter ended December 31, 2002 was $0.23, no change from the earnings per share for the fourth quarter of
- SBSC Announces Small Business Agenda for the 108th Congress
PRNewswire (January 21, 2003
)
WASHINGTON, Jan. 21 /PRNewswire/ -- The Small Business Survival Committee (SBSC) today announced its "Small Business Agenda for the 108th Congress: Getting the Economy Back on a Path of Robust Growth."
- First Busey Corporation Announces Earnings
PRNewswire (January 21, 2003
)
URBANA, Ill., Jan. 21 /PRNewswire-FirstCall/ -- Chairman of the Board and Chief Executive Officer Douglas C. Mills announced today that First Busey Corporation recorded fourth quarter net income of $4.355 million as compared to $3.667 million for the quarter ended December 31, 2001, an increase of 18.8%. Fourth quarter diluted earnings per share were $0.32 as compared to $0.27 per share for the
- ASB Financial Corp. Reports Net Earnings for The Six and Three Month Periods Ended December 31, 2002
PRNewswire (January 21, 2003
)
PORTSMOUTH, Ohio, Jan. 21 /PRNewswire-FirstCall/ -- ASB Financial Corp. , parent company of American Savings Bank, fsb, reported record net earnings for the six month period ended December 31, 2002 of $1.0 million, or diluted earnings per share of $.64, compared to net earnings of $596,000, or $.39 per diluted share, recorded for the same period ended December 31, 2001.
- Morgan Stanley to Countersue LVMH
Reuters (January 21, 2003
)
PARIS (Reuters) - Investment bank Morgan Stanley said on Tuesday it planned to file a countersuit against LVMH after the global luxury giant brought a 100 million euro court case against it, alleging bias in its research.
- Friedman, Billings, Ramsey Group and FBR Asset Investment Corporation to Report Q4 Results
PRNewswire (January 21, 2003
)
ARLINGTON, Va., Jan. 21 /PRNewswire-FirstCall/ -- Friedman, Billings, Ramsey Group, Inc. and FBR Asset Investment Corporation today announced that the two companies will each release their fourth quarter 2002 results before market opening on January 29, 2003.
- Community Shores Bank Corp. 2002 Net Income Rises 92%
PRNewswire (January 21, 2003
)
MUSKEGON, Mich., Jan. 21 /PRNewswire-FirstCall/ -- Community Shores Bank Corporation (BULLETIN BOARD: CSHB) , the holding company for Community Shores Bank, posted record results for the fourth quarter and full year, with fourth-quarter earnings rising 10% and 12-month net income jumping 92%, over comparable 2001 periods, Jose' A. Infante, President and CEO, announced today.
- U.S. Bancorp Profit Up
Reuters (January 21, 2003
)
MINNEAPOLIS (Reuters) - U.S. Bancorp <USB.N> on Tuesday reported a rise in quarterly profit as gains in investment banking and deposit fees offset some margin pressure and merger charges.
- Webcast Alert: Cadmus Communications´ Second Quarter 2003 Conference Call On the Internet
PRNewswire (January 21, 2003
)
RICHMOND, Va., Jan. 21 /PRNewswire-FirstCall/ -- Cadmus Communications Corporation will provide an on-line, real-time webcast and rebroadcast of its conference call for the second quarter of fiscal 2003 on Thursday, January 23, 2003.
- Bank One Declares Common Stock Dividend Of 21 Cents
PRNewswire (January 21, 2003
)
CHICAGO, Jan. 21 /PRNewswire-FirstCall/ -- The Board of Directors of Bank One Corporation today declared a cash dividend of 21 cents per share on outstanding common stock, payable April 1, 2003, to shareholders of record on March 14, 2003.
- Ohio Bankers League Announces New Chairman
PRNewswire (January 21, 2003
)
COLUMBUS, Ohio, Jan. 21 /PRNewswire-FirstCall/ -- George P. Paidas, president, Wealth Management Services, FirstMerit Corporation, Akron, was recently elected chairman of the Ohio Bankers League (OBL) for 2003. Paidas succeeds Robert E. Brosky, president and chairman of First Federal Savings & Loan Association of Lorain, who served as the organization's inaugural chairman since its formation
- Frankfort First Bancorp, Inc. Reports Quarterly Earnings
PRNewswire (January 21, 2003
)
FRANKFORT, Ky., Jan. 21 /PRNewswire-FirstCall/ -- Frankfort First Bancorp, Inc. , the holding company for First Federal Savings Bank of Frankfort, Kentucky, announced net earnings of $344,000 or $0.27 diluted earnings per share for the three month period ended December 31, 2002, compared to $355,000 or $0.28 diluted earnings per share for the three month period ended December 31, 2001. This resu
- Talentology LLC Introduces PeopleFilter(SM)
PRNewswire (January 21, 2003
)
ROLLING MEADOWS, Ill., Jan. 21 /PRNewswire/ -- Talentology LLC announces the launch of PeopleFilter, an efficient, accurate, cost effective, yet simple way to give companies control over their online recruiting activities. The PeopleFilter solution integrates the "look and feel" of a company's web site with a customized "Career Center" provided by Talentology LLC.
- Markel Corporation to Participate in Investor Conference
PRNewswire (January 21, 2003
)
RICHMOND, Va., Jan. 21 /PRNewswire-FirstCall/ -- Steven A. Markel, Vice Chairman of Markel Corporation is scheduled to participate in the Salomon Smith Barney Financial Services Conference in New York on January 29, 2003 at 2:00 p.m. (EST). A live webcast of Mr. Markel's presentation may be accessed at http://www.markelcorp.com . A replay of the presentation will be accessible from http://www.
- Webcast Alert: CheckFree Corporation Second Quarter Earnings Webcast
PRNewswire (January 21, 2003
)
ATLANTA, Jan. 21 /PRNewswire-FirstCall/ -- CheckFree Corporation announces the following Webcast:
- S&T Bancorp, Inc. Announces Record Earnings
PRNewswire (January 21, 2003
)
INDIANA, Pa., Jan. 21 /PRNewswire-FirstCall/ -- S&T Bancorp today announced record earnings for the fourth quarter and the year ending December 31, 2002. Diluted earnings per share increased 9 percent in the fourth quarter to $0.48 per share from $0.44 per share in 2001. Net income also increased 9 percent to $12.9 million from $11.9 million in the year ago period.
- Citigroup, CSFB Brace for Lawsuits
Reuters (January 21, 2003
)
LONDON (Reuters) - Banking groups Credit Suisse and Citigroup on Tuesday set aside hundreds of millions of dollars against a potential tide of litigation from disgruntled investors and warned that these provisions might not be enough.
- Citigroup Takes a Fourth Quarter Hit
AP (January 21, 2003)
NEW YORK (AP) - Citigroup's earnings took a hit in the fourth quarter because of a costly settlement with federal and state regulators, but the banking giant still reported record profits for the year.
- Dividend Declared at Sturgis Bancorp, Inc.
PRNewswire (January 21, 2003
)
STURGIS, Mich., Jan. 21 /PRNewswire-FirstCall/ -- The Board of Directors of Sturgis Bancorp, Inc. has declared a cash dividend of $0.08 per share of common stock payable on March 14, 2003 to stockholders of record as of February 14, 2003.
- D.C. Community Developers Receive Affordable Housing Grants From Federal Home Loan Bank of Atlanta
PRNewswire (January 21, 2003
)
WASHINGTON, Jan. 21 /PRNewswire/ -- Two local community groups will use $158,000 in grants from the Federal Home Loan Bank of Atlanta (FHLBA) to build homes and provide down payment assistance to 26 low-income families in the district.
- Webcast Alert: RLI Corp. Announces 4th Quarter 2002 Earnings Release Teleconference Webcast
PRNewswire (January 21, 2003
)
PEORIA, Ill., Jan. 14 /PRNewswire-FirstCall/ -- RLI Corp. announces the following Webcast:
- FSF Financial Corp. Announces Results of Annual Meeting and Dividend
PRNewswire (January 21, 2003
)
HUTCHINSON, Minn., Jan. 21 /PRNewswire-FirstCall/ -- FSF Financial Corp. , whose family of companies include First Federal Bank, Firstate Investments, Insurance Planners of Hutchinson and Homeowners Mortgage Corporation, announced the results of their annual meeting and the payment of a dividend.
- U.S. Bancorp Reports 20 Percent Increase in Operating Earnings Per Share For Fourth Quarter 2002
PRNewswire (January 21, 2003
)
- Capitol Federal Financial Increases Quarterly Dividend
PRNewswire (January 21, 2003
)
TOPEKA, Kan., Jan. 21 /PRNewswire-FirstCall/ -- Capitol Federal Financial (CFFN) announced today that its Board of Directors declared a quarterly cash dividend of $0.22 per share on outstanding CFFN common stock. This is an increase of 4.76% compared to the previously paid quarterly dividend. The dividend is payable on February 21, 2003 to stockholders of record as of the close of business on Feb
- Eagle Bancorp, Inc. Announces Record Year End and 4th Quarter 2002 Earnings
PRNewswire (January 21, 2003
)
BETHESDA, Md., Jan. 21 /PRNewswire-FirstCall/ -- Eagle Bancorp, Inc. , the parent company of EagleBank, announced net income of $2.67 million (92 cents per basic and 86 cents per diluted share) for the year ended December 31, 2002 compared to $1.75 million (61 cents per basic and 58 cents per diluted share) for the prior year period, a 52% increase. Net income for the fourth quarter of 2002 was $
- First Bancorp Reports Fourth Quarter And Annual Earnings
PRNewswire (January 21, 2003
)
TROY, N.C., Jan. 21 /PRNewswire-FirstCall/ -- First Bancorp , the parent company of First Bank, announced fourth quarter earnings today of $4,419,000, or $0.48 per diluted share, a 33.3% increase in diluted earnings per share over the net income of $3,361,000, or $0.36 per diluted share, recorded in the fourth quarter of 2001. In 2002, in accordance with the adoption of two new accounting standa
- Permian Basin Royalty Trust Declares January Cash Distribution
PRNewswire (January 21, 2003
)
DALLAS, Jan. 21 /PRNewswire-FirstCall/ -- Bank of America, N.A., as Trustee of the Permian Basin Royalty Trust , today declared a cash distribution to the holders of its units of beneficial interest of $0.050096 per unit, payable on February 14, 2003, to unit holders of record on January 31, 2003.
- The South Financial Group Reports Record Earnings for 2002 and Fourth Quarter
PRNewswire (January 21, 2003
)
GREENVILLE, S.C., Jan. 21 /PRNewswire-FirstCall/ -- The South Financial Group, Inc. (Nasdaq-NM: TSFG) today reported record earnings for 2002 and the fourth quarter. The South Financial Group announced a 41% increase in GAAP net income per diluted share for 2002 and a 17% increase for the fourth quarter 2002. The South Financial Group reported a 57% increase in earnings per diluted share, exclu
- Morningstar Shares Proven Investing Tactics with First Book, Morningstar Guide to Mutual Funds: 5-Star Strategies for Success
PRNewswire (January 21, 2003
)
CHICAGO, Jan. 21 /PRNewswire/ -- Despite turbulent markets and corporate scandals, mutual funds remain a great investment choice with many advantages, says Morningstar in its first book, Morningstar Guide to Mutual Funds: 5-Star Strategies for Success. The book outlines the best lessons and proven strategies from nearly two decades of experience to help investors select the right mutual funds to
- BB&T Plans to Buy First Virginia Banks
AP (January 21, 2003)
CHARLOTTE, N.C. (AP) - Regional bank BB&T Corp. said Tuesday it plans to buy First Virginia Banks Inc. in a $3.4 billion stock swap.
- AMCORE Financial, Inc. Reports Record Earnings
PRNewswire (January 21, 2003
)
- BB&T to Acquire First Virginia Banks Inc.
PRNewswire (January 21, 2003
)
WINSTON-SALEM, N.C., Jan. 21 /PRNewswire-FirstCall/ -- BB&T Corporation today said it plans to buy First Virginia Banks Inc. of Falls Church, Va., in a $3.38 billion stock swap.
- Schwab Loss Widens Sharply, Stock Falls
Reuters (January 21, 2003
)
NEW YORK (Reuters) - Charles Schwab Corp., the No. 1 U.S. discount brokerage, on Tuesday said its fourth-quarter net loss widened sharply as costs from staff reductions hurt results already depressed by soft customer stock trading.
- Minority Business Roundtable Begins Research of Country´s Minority Business Growth
PRNewswire (January 21, 2003
)
WASHINGTON, Jan. 21 /PRNewswire/ -- The Minority Business Roundtable (MBRT), a national membership organization for chief executive officers (CEOs) of African-American, Hispanic-American, Asian-American, Native-American and other minority-owned top-tier businesses, today announced it will undertake a research project to collect, analyze and evaluate data on minority business growth in the United
- Second Bancorp Conference Call to Discuss Fourth Quarter, Annual 2002 Results
PRNewswire (January 21, 2003
)
WARREN, Ohio, Jan. 21 /PRNewswire-FirstCall/ -- SECOND BANCORP INCORPORATED will release its fourth quarter and annual 2002 earnings at 10:30 a.m. EST on January 23, 2003 and will conduct a conference call to discuss those results at 10:30 a.m. EST the following day (Friday, January 24). The conference call will include comments by President and Chief Executive Officer Rick L. Blossom and Treas
- RLI Posts Record Quarter and Year
PRNewswire (January 21, 2003
)
PEORIA, Ill., Jan. 21 /PRNewswire-FirstCall/ -- RLI Corp. -- Today RLI Corp. reported quarterly net earnings of $11.2 million ($0.54 per diluted share), which were a 43% improvement over the $7.8 million ($0.39 per diluted share) posted last year. For the year, net earnings reached $35.9 million ($1.75 per share), 16% better than the $31.0 million ($1.55 per share) result one year ago.
- Grubb & Ellis Launches Global Services Platform
PRNewswire (January 21, 2003
)
NEW YORK, Jan. 21 /PRNewswire-FirstCall/ -- Grubb & Ellis Company (BULLETIN BOARD: GBEL) , one of the leading providers of integrated real estate services, announced today that it has created a formal Global Services Group to oversee the delivery of its expanding global platform of integrated real estate services to clients all over the United States. The new group will coordinate the deliv
- Shore Financial Corporation´s Annual Earnings Increase 24 Percent
PRNewswire (January 21, 2003
)
ONLEY, Va., Jan. 21 /PRNewswire-FirstCall/ -- Shore Financial Corporation announced today that the company had record earnings for the year ending December 31, 2002, thanks in large part to strong loan growth and a high percentage of performing assets. Total income for the year was $1.77 million compared to $1.43 million for 2001, an increase of 23.8%. Earnings per share increased 25.7% to $1.0
- webMethods Announces Third Quarter Results; Achieves Positive Operating and Net Income on a Pro Forma Basis
PRNewswire (January 21, 2003
)
FAIRFAX, Va., Jan. 21 /PRNewswire/ -- webMethods, Inc. , the leading independent provider of integration software, today announced final results for its third fiscal quarter ended December 31, 2002.
- Lincoln Bancorp Announces Earnings
PRNewswire (January 21, 2003
)
PLAINFIELD, Ind., Jan. 21 /PRNewswire-FirstCall/ -- Lincoln Bancorp (the "Company"), the holding company of Lincoln Federal Savings Bank (the "Bank"), announced today that net income for the fourth quarter ended December 31, 2002 was $996,000, or $.24 for basic and $.23 for diluted earnings per share. This compared to net income for the comparable period in 2001 of $1,050,00
- Madison Bancshares Reports 57% Increase in 2002 Earnings
PRNewswire (January 21, 2003
)
PALM HARBOR, Fla., Jan. 21 /PRNewswire-FirstCall/ -- Madison BancShares, the parent company of Madison Bank, today announced unaudited fourth quarter 2002 earnings of $489,000, a 40 percent increase over $350,000 for the fourth quarter of 2001. Fully diluted earnings per share were 29 cents for the quarter just ended compared to 21 cents for the same quarter a year ago. For the year, unaudited
- LendingTree Announces Conference Call for Fourth Quarter 2002 Financial Results
PRNewswire (January 21, 2003
)
CHARLOTTE, N.C., Jan. 21 /PRNewswire-FirstCall/ -- LendingTree, Inc. , the leading online lending exchange, will issue a news release announcing the company's financial results for the fourth quarter ended December 31, 2002 prior to the market opening on Monday, February 3, 2003 via PR Newswire. Doug Lebda, founder and CEO, will host a conference call to discuss fourth quarter results and update
- PrivateBancorp Reports Record Fourth Quarter Earnings
PRNewswire (January 21, 2003
)
CHICAGO, Jan. 21 /PRNewswire-FirstCall/ -- PrivateBancorp, Inc. today reported that net income for the fourth quarter ended December 31, 2002 was $3.2 million, or $0.41 per diluted share, an increase in diluted earnings per share of 58 percent over fourth quarter 2001 net income of $1.9 million or $0.26 per diluted share. All per share amounts have been adjusted to reflect the three-for-two sto
- Credit Suisse Reports $2.48B 2002 Loss
AP (January 21, 2003)
ZURICH, Switzerland (AP) - Banking giant Credit Suisse Group said Tuesday it lost 3.4 billion Swiss francs ($2.48 billion) for 2002, the worst loss in its 148-year history.
- Federal Home Loan Bank of Atlanta Awards More Than $500,000 to Virginia Communities for Affordable Housing Projects
PRNewswire (January 21, 2003
)
ATLANTA, Jan. 21 /PRNewswire/ -- Four local community partnerships in Virginia will receive $509,500 in grants to create affordable housing for 233 low- and moderate-income families throughout the state, the Federal Home Loan Bank of Atlanta (FHLBA) announced today.
- Comerica´s Detroit Area Business Activity Index Registered December Decline
PRNewswire (January 21, 2003
)
DETROIT, Jan. 21 /PRNewswire-FirstCall/ -- In December, the Detroit Area Business Activity Index declined to 98, down eight points from November's level of 106. A year earlier the index stood at 95.
- GE to Sell $5 Billion in Bonds
Reuters (January 21, 2003
)
NEW YORK (Reuters) - General Electric Co. <GE.N> said on Tuesday it will sell $5 billion of bonds to pay off short-term debt it used to help fund its finance arm and insurance businesses, in what will be the largest U.S. corporate bond issue this year.
- National City Corporation to Present at the Salomon Smith Barney Financial Conference
PRNewswire (January 21, 2003
)
CLEVELAND, Jan. 21 /PRNewswire-FirstCall/ -- David A. Daberko, Chairman & CEO, and James R. Bell III, Executive Vice President, of National City Corporation will present at the Salomon Smith Barney Financial Conference to be held in New York City on Thursday, January 30, 2003 from 10:45 a.m. ET to approximately 11:45 a.m. ET. Messrs. Daberko and Bell will update the listening audience on Na
- Hugoton Royalty Trust Declares January Cash Distribution
PRNewswire (January 21, 2003
)
DALLAS, Jan. 21 /PRNewswire-FirstCall/ -- Bank of America, N.A., as Trustee of the Hugoton Royalty Trust , today declared a cash distribution to the holders of its units of beneficial interest of $0.110486 per unit, payable on February 14, 2003, to unitholders of record on January 31, 2003. This distribution includes cash receipts related to underlying gas sales volumes of approximately 2,717,00
- Peoples Bancorp Announces Fourth Quarter Earnings Results
PRNewswire (January 21, 2003
)
NEWTON, N.C., Jan. 21 /PRNewswire-FirstCall/ -- Peoples Bancorp of North Carolina, Inc., the parent company of Peoples Bank, reported quarterly net income of $609,656, or $.19 basic and diluted net income per share, for the quarter ended December 31, 2002 as compared to $467,365, or $.15 basic net income per share and $.14 diluted net income per share, for the same period one year ago. Year-to-
- American Church Mortgage Company Declares Fourth Quarter Dividend
PRNewswire (January 21, 2003
)
MINNETONKA, Minn., Jan. 21 /PRNewswire/ -- AMERICAN CHURCH MORTGAGE COMPANY ("ACMC"), Minnetonka, Minnesota, announced today the declaration by its Board of Directors of a shareholder dividend for its fourth quarter ending December 31, 2002 of $.165625 per share, representing an annualized dividend yield of 7.7%.
- KeyCorp To Present At Salomon Smith Barney Conference
PRNewswire (January 21, 2003
)
CLEVELAND, Jan. 21 /PRNewswire-FirstCall/ -- On Tuesday, January 28, 2003, at 11:30 a.m. KeyCorp's CEO Henry Meyer and CFO Jeff Weeden will address the Salomon Smith Barney Conference.
- First Place Financial Corp. Reports 2nd Quarter Earnings and Regular Dividend
PRNewswire (January 21, 2003
)
WARREN, Ohio, Jan. 21 /PRNewswire-FirstCall/ -- First Place Financial Corp., the "Company," reported net income for its second fiscal quarter ended December 31, 2002 of $4.3 million, or $0.33 per diluted share. The Company reported net income of $3.0 million or $0.23 per diluted share for the previous quarter ended September 30, 2002 and $4.8 million, or $0.34 per diluted share for the
- GB&T Bancshares, Inc. Declares Cash Dividend for Fourth Quarter 2002
PRNewswire (January 21, 2003
)
GAINESVILLE, Ga., Jan. 21 /PRNewswire-FirstCall/ -- The Board of Directors of GB&T Bancshares, Inc. declared a cash dividend of 8-1/2 cents per share for the quarter ending December 31, 2002. The dividend was declared on January 20, 2003, for payment on January 31st to stockholders of record as of January 22, 2003. This represents a 6.3% increase over the dividend declared in January 2002.
- BB&T to Buy First Virginia Banks
Reuters (January 21, 2003
)
NEW YORK (Reuters) - BB&T Corp. <BBT.N>, a Southeast regional bank, said on Tuesday it planned to buy First Virginia Banks Inc. <FVB.N> for $3.38 billion in stock, boosting its presence in metropolitan Washington.
- CommonWealth Bank Announces Substantial Increases in Both Earnings and Assets
PRNewswire (January 21, 2003
)
RICHMOND, Va., Jan. 21 /PRNewswire-FirstCall/ -- CommonWealth Bank generated substantial increases in both earnings and assets during 2002, the Richmond, Virginia based bank announced today.
- Charter One to Pay $.22 Cash Dividend
PRNewswire (January 21, 2003
)
CLEVELAND, Jan. 21 /PRNewswire-FirstCall/ -- Charter One Financial, Inc. declared a regular quarterly cash dividend of 22 cents per share. The cash dividend is payable February 20, 2003 to shareholders of record on February 6, 2003.
- Citigroup Net Down on Settlement Charges
Reuters (January 21, 2003
)
NEW YORK (Reuters) - Citigroup Inc. <C.N>, the world's No. 1 financial services company, on Tuesday said its fourth-quarter profit fell 37 percent, after it took $1.55 billion in charges to settle a stock research scandal and cover potential losses on loans and Enron-related litigation.
- Federal Home Loan Bank of Atlanta Awards $558,500 in Grants to Maryland Communities for Affordable Housing
PRNewswire (January 21, 2003
)
ATLANTA, Jan. 21 /PRNewswire/ -- Four Maryland partnerships will receive $558,500 in grants to create affordable housing for more than 100 low- and moderate-income families throughout the state, the Federal Home Loan Bank of Atlanta (FHLBA) announced today.
- Northeast Indiana Bancorp, Inc. Announces Year End 2002 And Fourth Quarter Earnings
PRNewswire (January 20, 2003
)
HUNTINGTON, Ind., Jan. 20 /PRNewswire-FirstCall/ -- Northeast Indiana Bancorp, Inc. (NEIB) , the parent company of First Federal Savings Bank, today announced earnings for the year ended December 31, 2002 of $1.6 million ($1.06 per diluted share) compared to $2.0 million ($1.25 per diluted share) for the year ended December 31, 2001. The Company recorded net interest income of $6.3 million for t
- Banks Failing African Americans and Latinos
PRNewswire (January 20, 2003
)
SAN FRANCISCO, Jan. 20 /PRNewswire/ -- On Martin Luther King Day, the California Reinvestment Committee's new study of home lending in California finds that African American and Latinos in the cities of Fresno, Los Angeles, Oakland, Sacramento and San Diego are not getting their fair share of home loans. The report also found that African American and Latino borrowers are likely to pay more for
- EZCORP Invites You to Listen to Its Fiscal 2003 First Quarter Earnings Announcement and Conference Call on the Web
PRNewswire (January 20, 2003
)
AUSTIN, Texas, Jan. 10 /PRNewswire-FirstCall/ -- In conjunction with EZCORP's First Quarter earnings release, you are invited to listen to its conference call that will be broadcast live over the Internet January 21, 2003 at 10:00 am Central Time with Joe Rotunda, President and CEO, and Dan Tonissen, CFO, of EZCORP.
- Sometimes the Boardroom Is a Family Affair
Reuters (January 20, 2003
)
NEW YORK (Reuters) - U.S. companies with family members sitting on boards of directors might find that father may not always know best as investors demand more accountability after the many costly corporate scandals that erupted in 2002.
- AmeriCorp Offers Its Clients Exclusive Lead Generation From InterMark Media
PRNewswire (January 20, 2003
)
SYOSSET, N.Y., Jan. 20 /PRNewswire/ -- AmeriCorp, Inc. announced the addition of marketing and customer acquisition services to the offerings it provides its client base. AmeriCorp is now partnering with InterMark Media to provide exclusive advertising and marketing services for AmeriCorp's non-profit credit counseling agencies.
- AmeriCorp Recharges Struggling Credit Counseling Agencies
PRNewswire (January 20, 2003
)
SYOSSET, N.Y., Jan. 20 /PRNewswire/ -- AmeriCorp, Inc., a leading provider of consumer processing services to the credit counseling industry, is offering a solution for reputable agencies that are finding it more difficult to maintain their not-for-profit organizations.
- Florida Banks Reports Year-End Financial Results for 2002
PRNewswire (January 20, 2003
)
JACKSONVILLE, Fla., Jan. 20 /PRNewswire-FirstCall/ -- Florida Banks, Inc. today reported results for its fourth quarter and year ended December 31, 2002.
- Fidelity Still Unimpressed with Tech
Reuters (January 20, 2003
)
NEW YORK (Reuters) - Sorry, tech optimists. If stock pickers at Fidelity Investments, the country's biggest mutual fund company, are right, technology shares are not poised for a strong recovery, at least not yet.
- Hovnanian Enterprises to Present at Salomon Smith Barney High Yield and Leveraged Finance Conference
PRNewswire (January 20, 2003
)
RED BANK, N.J., Jan. 20 /PRNewswire-FirstCall/ -- Hovnanian Enterprises, Inc. , a leading national homebuilder, announced that senior management of Hovnanian Enterprises will make a presentation on the Company on Tuesday, January 21, 2003, at the Salomon Smith Barney High Yield and Leveraged Finance Conference. The slides of the presentation can be accessed through the Investors page of the Hovn
- Detecting Pent-up Investment Dollars in Southeast, Nonprofit ACG Launches Region´s First Major Event to Connect Investors, Entrepreneurs, Intermediaries
PRNewswire (January 20, 2003
)
ATLANTA, Jan. 20 /PRNewswire/ -- The Association for Corporate Growth says there's a significant amount of pent-up private capital available for investment, and a great deal of it -- despite perceptions that it's all on the West or East coasts -- is right here in the Southeast.
- BancorpSouth, Inc. Announces Fourth-Quarter Financial Results
PRNewswire (January 20, 2003
)
TUPELO, Miss., Jan. 20 /PRNewswire-FirstCall/ -- BancorpSouth, Inc. today announced that net income in the fourth quarter of 2002 was $25.6 million, or $0.33 per basic and diluted share, compared to $31.3 million, or $0.39 and $0.38 per basic and diluted share, respectively, in the fourth quarter of 2001.
- Funds That Consistently Beat the Market
Reuters (January 20, 2003
)
BOSTON (Reuters) - The worst losses of the recent bear market are almost certainly behind us, but many observers expect lackluster gains during the coming decade. That makes it all the more important to find funds that can outpace the market averages.
- Strike Deadline Looms for 2,700 Sprint Workers
PRNewswire (January 20, 2003
)
WASHINGTON, Jan. 20 /PRNewswire/ -- Negotiators face a strike deadline of 1 p.m. Eastern time tomorrow in contract bargaining between the Communications Workers of America and Sprint Corp. on behalf of 2,700 workers at Sprint local telephone operations in Oregon, Indiana, Tennessee, North Carolina and Florida.
- Updated Impact Study Details Substantial Increase in Economic and Fiscal Benefits From Major League Baseball Team and Ballpark in Northern Virginia
PRNewswire (January 20, 2003
)
- State Pension Funds Firing Asset Managers
Reuters (January 20, 2003
)
NEW YORK (Reuters) - U.S. state pension fund managers have decided to cut their ties with Wall Street asset managers whom they blame for allowing already-bad stock market losses to grow even bigger.
- EZCORP Announces 66% Earnings Growth for First Quarter
PRNewswire (January 20, 2003
)
AUSTIN, Texas, Jan. 20 /PRNewswire-FirstCall/ -- EZCORP, Inc. announced today results for its fiscal first quarter, which ended December 31, 2002.
- Hedge Fund Indices Can Be Confusing
Reuters (January 20, 2003
)
BOSTON (Reuters) - Hedge fund indices promise to shed a little light on the secretive industry they measure, but these days they may be adding to the confusion, unable to agree on what investors want to know most: do these loosely regulated funds make money?
- Down Payment Gift Group Chooses New Leaders, Targets Foreclosure Reduction and Buyer Education
PRNewswire (January 20, 2003
)
ATLANTA, Jan. 20 /PRNewswire/ -- The Homeownership Alliance of Nonprofit Downpayment Providers (HAND) selected new leadership and established a political action committee at its first annual meeting here Friday.
- FSF Financial Corp. Announces Operating Results
PRNewswire (January 20, 2003
)
HUTCHINSON, Minn., Jan. 20 /PRNewswire-FirstCall/ -- FSF Financial Corp. (FSF) today announced net income of $1,696,000 for the first quarter ended December 31, 2002, versus $1,530,000 for the same period in fiscal 2002. Diluted earnings per share for the quarter were $0.73, an increase of 9% over the first quarter last year.
- Southwest Bancorporation of Texas, Inc. Reports EPS up 12% and Asset Growth Of 18% for the Fourth Quarter
PRNewswire (January 20, 2003
)
HOUSTON, Jan. 20 /PRNewswire-FirstCall/ -- Southwest Bancorporation of Texas, Inc. , the largest independent bank holding company based in Houston, with $5.18 billion in assets, announced solid earnings growth for the fourth quarter of 2002.
- CEO Culver Will Address Salomon Smith Barney 2003 Financial Services Conference
PRNewswire (January 20, 2003
)
MILWAUKEE, Jan. 20 /PRNewswire-FirstCall/ -- Curt Culver, President and Chief Executive Officer of MGIC Investment Corporation , will address attendees at the Salomon Smith Barney 2003 Financial Services Conference to be held at The Plaza Hotel in New York from January 28-30.
- First State Bancorporation to Host Fourth Quarter 2002 Conference Call
PRNewswire (January 20, 2003
)
ALBUQUERQUE, N.M., Jan. 20 /PRNewswire-FirstCall/ -- First State Bancorporation today announced it will release its fourth quarter 2002 earnings on Friday, January 17, 2003 after the close of the market and will hold its fourth quarter conference call via the Internet on Tuesday, January 21, 2003 at 9:00 a.m. Mountain Time, 11:00 a.m. Eastern Time.
- Citizens Bank Announces Second-Annual Writing Contest to Honor Dr. Martin Luther King, Jr.
PRNewswire (January 20, 2003
)
PITTSBURGH, Jan. 20 /PRNewswire/ -- In recognition of Dr. Martin Luther King, Jr., Citizens Bank today announced it will sponsor the second-annual "Expressions of Freedom" writing contest open to all students from Pittsburgh Public Schools. Sixteen students from the middle and high school levels will be selected to win a trip to Gettysburg, Pennsylvania, for a one-night, two- day guide
- N.V. Deli Universal Acquires Dutch DIY Supplier
PRNewswire (January 20, 2003
)
RICHMOND, Va., Jan. 20 /PRNewswire-FirstCall/ -- Universal Corporation announced today that its Dutch subsidiary, N.V. Deli Universal (Deli), has completed the acquisition of Willemstein's Industriele Ondernemingen B.V. (JeWe), a leading producer and distributor of lumber and building products to the do-it-yourself (DIY) market.
- Capital Automotive Fourth Quarter 2002 Earnings And Conference Call Scheduled for February 4, 2003
PRNewswire (January 20, 2003
)
MCLEAN, Va., Jan. 20 /PRNewswire-FirstCall/ -- Capital Automotive REIT , the nation's leading specialty finance company for automotive retail real estate, announced today that it will release fourth quarter 2002 earnings before the market opens on Tuesday, February 4, 2003. Management will conduct a live audio webcast of its earnings conference call at 11:00 a.m. Eastern Time that same day to re
- Jolt Ahead for Corporate Bond Market?
Reuters (January 19, 2003
)
NEW YORK (Reuters) - The U.S. corporate bond market will get a huge jolt of supply early this year as more issuers jump in to get low borrowing rates and satisfy yield-hungry investors, market analysts and investors said.
- Share Dealers Waiting for Bullish Market
Reuters (January 19, 2003
)
NEW YORK (Reuters) - Michael LaBranche, chairman of New York Stock Exchange specialist firm that bears his name, says that a busy, bullish stock market is the optimal environment for his business of managing share trading on the floor of the Big Board.
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