Archive for July 21, 2010
Land Securities To Start Building Trinity Leeds Shopping Centre – Update
UK based real estate investment trust Land Securities Group plc (LAND.L) said Wednesday, in an interim management statement for its first quarter, that it intends to start the 750,000 square feet shopping centre development at Trinity Leeds for which total development cost is estimated at GBP 350 million or about US$536 million.
Aptargroup Q2 Profit Surges; Boosts Qtly Dividend 20%; Guides Q3 Profit In Line – Update
Dispensing systems provider Aptargroup, Inc. (ATR) reported Tuesday a 64% year-over-year surge in profit for the second quarter, boosted by double digit sales growth and strong income across all business segments. The results were also positively impacted by cost containment efforts, and improved capacity utilization due to volume increases.
Platinum Underwriters Q2 Profit Rises 27% – Update
Pembroke, Bermuda-based reinsurance provider Platinum Underwriters Holdings Ltd. (PTP) on Tuesday reported a 27% increase in profit for the second quarter from last year, helped by a higher gain on investments. The company also reported a decline in expenses for the quarter.
Hancock Holding Q2 Profit More Than Halves – Update
Banking and financial services company Hancock Holding Co. (HBHC) on Tuesday reported a 53% decline in profit for the second quarter, mainly reflecting a higher allowance for loan losses. The higher loan loss allowance was necessitated by a net increase in substandard loans and the establishment of a specific reserve for potential losses related to [...]