WILMINGTON, Del. _ WSFS Financial Corp. on Friday reported fourth-quarter net income of $12.7 million. On a per-share basis, the Wilmington, Delaware- based company said it had net income of $1.32. For the year, the company reported profit of $53.8 million, or $5.78 per share.
CHICAGO _ MB Financial Inc. on Friday reported fourth-quarter net income of $36.1 million. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 49 cents per share. MB Financial shares have declined 13 percent since the beginning of the year.
WILMINGTON, Del. _ The Bancorp Inc. on Friday reported a fourth-quarter loss of $2.2 million, after reporting a profit in the same period a year earlier. The bank, based in Wilmington, Delaware, said it had a loss of 6 cents per share. The holding company for The Bancorp Bank posted revenue of $33.5 million in the period.
FEDERAL WAY, Wash. _ Weyerhaeuser Co. on Friday reported fourth-quarter profit of $177 million. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 28 cents per share. Weyerhaeuser shares have decreased slightly more than 1 percent since the beginning of the year, while the Standard& Poor's 500 index has decreased...
BRIDGEHAMPTON, N.Y. _ Bridge Bancorp Inc. on Friday reported fourth-quarter net income of $4.2 million. The bank, based in Bridgehampton, New York, said it had earnings of 36 cents per share. Bridge Bancorp shares have fallen 2.5 percent since the beginning of the year.
Mats Granryd, CEO of Tele2, says the company is looking for the right asset to buy rather than going on a shopping spree.
Cyrus Mewawalla, managing director at CM Research, says Google's core business is maturing and the new products are not taking off as they expected.
Jim O'Donnell, Chief Investment Officer of Forward Management, attributes the disappointment over Alibaba's revenues to "expectations getting ahead of themselves."
TOKYO, Jan 30- Japan's Honda Motor Co on Friday cut its annual operating profit forecast by 6.5 percent as it set aside more cash to cover an expanded recall of cars to replace potentially faulty air bags made by supplier Takata Corp. Honda also said it now expects to sell a total of 4.45 million cars this fiscal year, down from the 4.62 million it previously forecast,...
NEW YORK— Amazon.com Inc.' s fourth-quarter earnings roundly beat analyst expectations, sending the Seattle e-commerce giant's stock soaring 14 percent in aftermarket trading. Investors have long wanted Amazon to show some restraint as it invests in its business, and this metric seemed to be a sign that Amazon is willing to do that. Wedbush Securities analyst...
Harley Davidson has unveiled the Street 750 motorcycle, custom built for urban streets. CNBC's Oriel Morrison hops on for a ride.
David Williams, CEO of Williams Capital Advisors, discusses why shares of Google edged up in extended trading after an initial dip on weaker-than-expected fourth quarter revenue.
Rob Enderle, President & Principal Analyst at Enderle Group, attributes the dive in Alibaba's stock to the fact that the internet giant has failed to set appropriate expectations among its investors.
Scott Nations, Chief Investment Officer and President at NationsShares, explains why U.S. markets are "misreading the movements in oil prices" and discusses the tech stocks that he likes.
*SoftBank bucks weakness after Alibaba's revenue disappoints. TOKYO, Jan 30- Japan's Nikkei share average rose on Friday as strong company earnings in the United States and at home from the likes of Nomura Holdings and Advantest Corp buoyed investors' risk appetite. Nomura Holdings Inc rose 3.1 percent after reporting the biggest jump in its quarterly profits...
Cynthia Meng, Managing Director for China and Hong Kong Telecom, Media and Technology Equity Research at Jefferies, attributes Alibaba's quarterly revenue miss to its continued transition to mobile.
*Q1 earnings $2.53 per class A share vs. estimate $2.49. Jan 29- Visa Inc, the world's largest credit and debit card company, reported a better-than-expected quarterly profit on Thursday due to a good holiday season and a strengthening U.S. job market that encouraged people to spend. Visa, which earns money from both the volume and value of transactions using its...
RICHMOND, Va. _ NewMarket Corp. on Thursday reported fourth-quarter profit of $52.1 million. On a per-share basis, the Richmond, Virginia- based company said it had profit of $4.17. This story was generated by Automated Insights using data from Zacks Investment Research.
HOLLAND, Mich. _ Macatawa Bank Corp. on Thursday reported fourth-quarter net income of $2.3 million, after reporting a loss in the same period a year earlier. The holding company for Macatawa Bank posted revenue of $14.8 million in the period. Keywords: Macatawa Bank, Earnings Report.
GREENWOOD VILLAGE, Colo. _ National Bank Holdings Corp. on Thursday reported fourth-quarter profit of $2.3 million. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 7 cents per share. National Bank Holdings shares have dropped nearly 7 percent since the beginning of the year.