Industry News

Potlatch Corporation today reported a net loss of $31.3 million, or $0.77 per diluted share, on revenues of $141.5 million for the quarter ended June 30, 2016. Excluding the after-tax loss of $36.7 million on the previously announced sale of 172,000 acres in central Idaho, net income was $5.4 million, or $0.13 per diluted share, in the second quarter. Net income was $0.7 million, or $0.02 per diluted share, on revenues of $128.7 million in the second quarter of..."/>
Potlatch Corporation Reports Second Quarter 2016 Results
KeyCorp today announced second quarter net income from continuing operations attributable to Key common shareholders of $193 million, or$. 23 per common share, compared to $182 million, or$. 22 per common share, for the first quarter of 2016, and $230 million, or$. 27 per common share, for the second quarter of 2015. During the second quarter of 2016, Key incurred merger-related expense totaling $45 million, or$. 04 per common share, compared to $24..."/>
KeyCorp Reports Second Quarter 2016 Net Income Of $193 Million, Or $.23 Per Common Share; Earnings Per Common Share Of $.27, Excluding $.04 Of Merger-Related Expense
Flagstar Bancorp, Inc., the holding company for Flagstar Bank, FSB, today reported second quarter 2016 net income of $47 million, or $0.66 per diluted share, as compared to $39 million in the first quarter 2016, or $0.54 per diluted share, and net income of $46 million in the second quarter 2015, or $0.68 per diluted share. "We're happy to report another solid quarter," said Alessandro P. DiNello, president and chief executive officer of Flagstar Bancorp,..."/>
Flagstar Reports Second Quarter 2016 Net Income of $47 million, or $0.66 per Diluted Share
AmeriServ Financial Inc authorised a quarterly common stock cash dividend of USD0.015 per share, the company reported on Monday. This dividend represents a 50% increase from the previous quarterly dividend and will be paid on 22 August 2016 to shareholders of record on 8 August 2016.. Also, the company said that this increased cash dividend reflects a 1.9% annual yield based on the closing common stock price of USD3.13 per share on 21 July 2016 and..."/>
AmeriServ Financial announces 50% higher dividend of USD0.015 per share for quarter
Provident Financial Holdings, Inc.,, the holding company for Provident Savings Bank, F.S.B., today announced fourth quarter earnings for the fiscal year ended June 30, 2016.."/>
Provident Financial Holdings Reports Fourth Quarter and Fiscal 2016 Earnings
Affiliated Managers Group, Inc. will report financial and operating results for the second quarter ended June 30, 2016 on Monday, August 1, 2016. A teleconference will be held at 8:00 a.m. Eastern time on the same day."/>
AMG to Announce Second Quarter Results on August 1, 2016
KKR & Co. L.P. Reports Second Quarter 2016 Results
EverBank Financial Corp announced today its financial results for the second quarter ended June 30, 2016.."/>
EverBank Financial Corp Announces Second Quarter 2016 Financial Results
Fears over lacklustre investment [Bangkok Post, Thailand]
Cedar Realty Trust Inc authorised a cash dividend of USD0.05 per share on the company's common stock, it declared on Monday. All shareholders of record as of the close of business on 12 August 2016 will be paid the dividend on 22 August 2016.. Also, the board approved a cash dividend of USD0.453125 per share on the company's 7% series B cumulative redeemable preferred stock that will be paid on 22 August 2016 to shareholders of record as of the close of business..."/>
Cedar Realty Trust announces common and preferred stock dividends
Webster Financial Corporation reported on Monday that its board of directors approved a common stock cash dividend of USD0.25 per share for the quarter. The dividend to shareholders of record on 8 August 2016 will be paid on 22 August 2016.. Also, the board authorised a quarterly cash dividend of USD400.00 per share on the company's series E preferred stock that all shareholders of record on 1 September 2016, will receive on 15 September 2016.."/>
Webster Financial announces dividend of USD0.25 per share for quarter
Vedanta Ltd to Cairn India Ltd shareholders is still a negative for them, believe analysts, but enough to help the merger sail through. "We do see some risk that the proposed merger may increase the uncertainty over the long-term growth outlook for Cairn India's exploration and production business, which would then have to compete with the other businesses of Vedanta for capital," said Goldman Sachs in its report dated 25 July."/>
Cairn's loss is Vedanta's gain in sweetened merger deal [Mint, New Delhi]
Puravankara Projects Ltd will be based..."/>
Hiranandani appoints CEO for independent venture, to scale up business [Mint, New Delhi]

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