Finance Headlines

Argentina pays $642 mn of its debt to Paris Club

Buenos Aires, Jul 28 (EFE).- Argentina on Monday made an initial payment of $642 million to the wealthy nations of the Paris Club, as per the debt refinancing agreement with that entity signed last May, authorities said."On this date, the Economy and Public Finances Ministry ... made the payment of ... $642 million corresponding to the initial payment of principle owed to the creditor nations ...


Progress deal could lower power bills in some eastern NC towns

July 28--Duke Energy Progress will buy back ownership shares of five power plants from 32 eastern North Carolina towns for $1.2 billion, erasing much of the crippling debt that has forced residents of those towns to pay the state's steepest power bills for decades. Progress announced the deal this morning with the N.C. Municipal Power Agency, which represents the 32 towns and supplies them ...


Grupo Financiero Interacciones Reports 17.59% ROE in 2Q14

MEXICO CITY, July 28, 2014 /PRNewswire/ -- Grupo Financiero Interacciones, S.A. de C.V., (BMV: GFINTERO), ("Grupo Financiero Interacciones" or "GFI"), the largest specialized Mexican financial group with a business model focused on providing financing, risk management and financial advisory services mainly to the Mexican public sector, today announced results for the three- and six-month ...


PGT Reports 2014 Second Quarter Results

VENICE, Fla., July 28, 2014 (GLOBE NEWSWIRE) -- PGT, Inc. (Nasdaq:PGTI), the leading U.S. manufacturer and supplier of residential impact-resistant windows and doors, announces financial results for its second quarter and six months ended June 28, 2014. "Sales in the second quarter of 2014, totaling $81.6 million, represents our highest quarterly sales since 2006. This is also our seventh ...


Charter Financial Announces Third Quarter Fiscal 2014 Earnings of $1.8 Million

Total year to date average equity to average assets of 25.2% Nonperforming non-covered assets at 0.62% of total non-covered assets as of June 30, 2014 Net non-covered organic loan growth of 13.3% over prior year quarter Basic and diluted EPS of $0.09 for quarter, up $0.02, respectively, on a year-over-year basis Tangible book value per share of $11.95 at June 30, 2014 WEST POINT, Ga., July 28, ...


First Tranche of Ximen Private Placement Closed

Vancouver, British Columbia--(Newsfile Corp. - July 28, 2014) - Ximen Mining Corp. (TSXV: XIM) (OTCQX: XXMMF) (the "Company" or "Ximen") announces that it has closed the first tranche of its non-brokered private placement, announced on July 24, totaling 1,064,727 units raising $585,600. The private placement consists of 1,818,181 units at a price of $0.55 per unit in the capital stock of the ...


Conference Offers Global Perspective on Challenges in Credit Analysis, Risk Management

ROCHESTER, Mich., July 28 -- Oakland University issued the following news release: The third International Conference on Credit Analysis and Risk Management will take place Aug. 21-22 on Oakland University's campus. Presentations by business and academic experts will focus on credit analysis at the global level, along with new and existing models and methods for credit risk management, credit ...


American IRA Announces an Improved Real Estate IRA Guide Located on Their Self-Directed IRA Guides Page

Atlanta, GA (PRWEB) July 28, 2014 The Real Estate IRA guide is a wealth of information in concise, easy to read pages. Every real estate investor needs to read this guide. Real estate investing done wisely can be lucrative, still real estate investing within a Self-Directed IRA can increase that profit margin up to 40% with tax-free and tax-deferred profits. That means more money in the ...


FIBRA Prologis Announces Second Quarter Earnings Results

MEXICO CITY, July 28, 2014 /PRNewswire/ -- FIBRA Prologis (BMV: FIBRAPL 14) the leading owner and operator of Class-A industrial real estate in Mexico, today reported results for the second quarter of 2014. FIBRA Prologis began trading on the Mexican Stock Exchange on June 4, 2014. With the proceeds, FIBRA Prologis acquired the initial portfolio of 29.7 million square feet (2.8 million square ...


Crane Co. Reports Second Quarter Results; Increases Dividend 10%

Second Quarter 2014 Highlights: Second quarter earnings per diluted share (EPS) of $1.00 increased 7% compared to 2013 Excluding Special Items, EPS of $1.15 increased 9% compared to 2013 Sales of $750 million increased 15.6% compared to 2013, with a core sales increase of 0.1% Fluid Handling order backlog increased 7% compared to the prior year and increased 13% year-to-date, adjusted for a ...


Crane Co. Declares Third Quarter Dividend and Announces 10% Dividend Increase

STAMFORD, Conn.--(BUSINESS WIRE)-- Crane Co., a diversified manufacturer of highly engineered industrial products, is pleased to announce its Board of Directors today declared a 10% increase in its quarterly dividend, to $0.33 per share from $0.30 per share. The dividend is payable on September 9, 2014 to shareholders of record as of the close of business on August 29, 2014. The indicated ...


Sun National Bank Announces Proposed Enhancements to Executive Management Team

MOUNT LAUREL, N.J., July 28, 2014 /PRNewswire/ -- Sun Bancorp, Inc. (NASDAQ: SNBC) (the "Company") announced several proposed executive appointments at its primary subsidiary, Sun National Bank (the "Bank"). "As we embark on the execution of our restructuring plan, we have bolstered our executive management ranks in order to efficiently deliver on multiple strategic initiatives," stated Thomas ...


iSIGN Announces Closing of Bridge Financing

TORONTO, ONTARIO--(Marketwired - July 28, 2014) - iSIGN Media Solutions Inc. ("iSIGN" or the "Company") (TSX VENTURE:ISD)(OTCQX:ISDSF), a leading provider of interactive mobile advertising solutions that serves advertisers, manufacturers, retailers and advertising agencies throughout North America, today announced that, further to its press release dated July 18, 2014, it completed a bridge ...


Great Southern Bancorp, Inc. Reports Preliminary Second Quarter Earnings of $0.79 Per Diluted Common Share

SPRINGFIELD, Mo., July 28, 2014 /PRNewswire/ -- Preliminary Financial Results for the Second Quarter and First Half of 2014: FDIC-Assisted Acquisition: On June 20, 2014, Great Southern Bank entered into a purchase and assumption agreement with the FDIC to purchase certain assets and assume all of the deposits of Valley Bank, a full-service bank headquartered in Moline, Ill., with significant ...


Community Valley Bank Reports 15th Consecutive Profitable Quarter With Second Quarter 2014 Core Earnings

EL CENTRO, Calif.--(BUSINESS WIRE)-- Community Valley Bank (CVB) is pleased to report that earnings continue at a strong pace. For the second quarter of 2014 net income was $288,000 resulting in the 15th consecutive quarter of profitability. Including a $100,000 valuation allowance credit to taxes, net profit reported for the quarter was $388,000. Year to date total net profit is $778,000. As ...


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