Finance Headlines

Garmin 2Q profit climbs 5.5 percent

Garmin Ltd. (GRMN) on Wednesday reported profit that climbed by 5.5 percent in its second quarter, and topped analysts' expectations. The Schaffhausen, Switzerland-based company said earnings increased to $182 million, or 93 cents per share, from $172.5 million, or 88 cents per share, in the same quarter a year earlier. Earnings, adjusted for non-recurring costs, were $1.02 per share. The ...


Argentina officials stage 11th-hour talks in NYC

NEW YORK (AP) — Argentina's economy minister has resumed efforts to solve the South American nation's financial crisis without a default. Minister Axel Kicillof (KIHS'-ih-lahf) arrived late Wednesday morning at a New York City office building. He had his first face-to-face meetings Tuesday evening with lawyers for U.S. hedge funds. A court-appointed mediator described the meetings as "a frank ...


City National Bank Reports Second Quarter 2014 Results; Earnings Rise on the Heels of Strong Lending and Deposit Growth

MIAMI, FL -- (Marketwired) -- 07/30/14 -- City National Bank of Florida (CNB) announced strong financial results for the second quarter and first half of 2014, driven by significant lending and deposit growth and continued dedication to delivering a superior client experience.Core earnings for the second quarter of 2014 were $17.5 million, compared to $13 million during the same period last ...


TRINITY INDUSTRIES INC - 10-Q - Management's Discussion and Analysis of Financial Condition and Results of Operations

Management's Discussion and Analysis of Financial Condition and Results of Operations ("MD&A") is intended to provide readers of our financial statements with a narrative from the perspective of our management on our financial condition, results of operations, liquidity, and certain other factors that may affect our future results. Our MD&A is presented in the following sections: •Executive ...


UNITED STATES GASOLINE FUND, LP FILES (8-K) Disclosing Regulation FD Disclosure

Item 7.01. Regulation FD Disclosure. On July 30, 2014, the United States Gasoline Fund, LP (the "Registrant") issued its monthly account statement for the month ended June 30, 2014, which is presented in the form of a Statement of Income (Loss) and a Statement of Changes in Net Asset Value, as required pursuant to Rule 4.22 under the Commodity Exchange Act. A copy of the monthly account ...


Groundstar Resources Ltd. Press Release

Category: Baystreet Newswire Company: Accesswire-TNW ID: 418503 Date: Wednesday, July 30, 2014 Ticker: TSX.V:GSA CALGARY, AB / ACCESSWIRE / July 30, 2014 / Groundstar Resources Limited. ("Groundstar", "the "Company", "we", "us", or "our") (TSXV: GSA US: GRDSF symbol) confirms that as previously announced on July 14, 2014 the Company has now closed a private placement of 400,000 convertible ...


2014 1ST HALF RESULTS

Rental income: €35.5 million (+16.3%) Cash flow from operations: €17.9 million (+10.5%) €11.3 million gain on residential and regional asset disposals 2014 Interim dividend: €0.34 per share on 14 November (+6%) Continuation of the strategy of focusing on commercial property in the Paris Central Business District The Board of Directors held on July 30 th 2014 has approved the consolidated ...


Aberdeen Singapore Fund, Inc.(1) Announces Performance Data And Portfolio Composition

PHILADELPHIA, July 30, 2014 /PRNewswire/ -- Aberdeen Singapore Fund, Inc.1 (the "Fund") (NYSE: SGF), a closed-end equity fund, announced today its performance data and portfolio composition as of June 30, 2014. The Fund's total returns for various periods through June 30, 2014 are provided below. (All figures are based on distributions reinvested at the dividend reinvestment price and are ...


Cyclone Power Technologies Completes Seed Round Funding for Its Waste Heat Subsidiary, WHE Generation

POMPANO BEACH, FL -- (Marketwired) -- 07/30/14 -- Cyclone Power Technologies Inc. (PINKSHEETS: CYPW), developer of the all-fuel clean-tech Cyclone Engine, announced that its subsidiary WHE Generation Corp. ("WHE GEN") has closed its Seed Round of funding in the amount of $350,000. The financing was led by Laird Q. Cagan, co-founder and Managing Director of Cagan McAffee Capital Partners LLC in ...


Labour disputes had impact on second quarter operations

-- Profit after taxes USD 22.4 million, as compared to USD 18.5 million in the year before -- EBITDA amounted to USD 45.2 million, as compared to USD 42.9 million in the preceding year -- Total revenue increased by 12% -- Negative impact of the labour disputes on second quarter results amounted to USD 3.5 million -- Equity ratio 34% at the end of June -- Net cash provided by operating ...


ROYAL DUTCH SHELL PLC - Buyback of Own Shares

Royal Dutch Shell plc announces that on 30 July, 2014 it purchased for cancellation 715,000 "A" Shares at a price of 2392.45 pence per share. Following the cancellation of these shares, the remaining number of "A" Shares of Royal Dutch Shell plc will be 3,948,354,312 and the remaining number of "B" Shares of Royal Dutch Shell plc will be 2,440,410,614. Enquiries Shell Media Relations ...


Vanguard's singular model is under scrutiny

July 30--Vanguard Group Inc. stands atop the mutual fund business, and credits its "unique" structure: The largest mutual fund company is owned, not by for-profit investors, but by more than 100 of Vanguard's own mutual funds, which are owned by millions of clients. Vanguard says this frees managers to "focus on keeping costs as low as possible," passing savings to clients through lower fees ...


Bay Commercial Bank Reports Second Quarter 2014 Results

WALNUT CREEK, Calif., July 30, 2014 (GLOBE NEWSWIRE) -- Bay Commercial Bank (OTCQB:BCML) (the "Bank") today announced its second quarter 2014 operating results. The Bank reported total assets as of June 30, 2014 of $509.5 million including loans outstanding of $338.9 million compared to June 30, 2013 total assets of $325.7 million and total loans outstanding of $243.9 million. At June 30, ...


Fitch Affirms Iredell County, NC GO Bonds at 'AA+'; Outlook Stable

NEW YORK--(BUSINESS WIRE)-- Fitch Ratings has affirmed its 'AA+' rating on the following Iredell County (the county), North Carolina bonds: --$35.1 million general obligation (GO) bonds at 'AA+'. The Rating Outlook is Stable. SECURITY The GO bonds are secured by the full faith, credit and unlimited taxing power of the authority. KEY RATING DRIVERS SOUND FINANCIAL POSITION: Strong financial ...


MIDDLEBURG FINANCIAL CORP FILES (8-K) Disclosing Results of Operations and Financial Condition, Other Events, Financial Statements and Exhibits

Item 2.02. Results of Operations and Financial Condition. On July 30, 2014, Middleburg Financial Corporation (the "Company") issued a press release reporting its financial results for the period ended June 30, 2014. A copy of the press release is being furnished as Exhibit 99.1 to this report and is incorporated by reference into this Item 2.02. Item 8.01. Other Events. On July 30, 2014, the ...


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