Archive for July 22, 2010
Cohen & Steers Turns To Profit In Q2 – Update
Asset management company Cohen & Steers, Inc. (CNS) on Wednesday reported a profit for the second quarter compared to a loss last year, helped by a 68% surge in revenues. In addition, the year-ago quarter’s results include impairment charges.
HNI Corp. Posts Profit In Q2 – Update
Office furniture and hearth products maker HNI Corp. (HNI) on Wednesday reported a profit for the second quarter, compared to a loss in the year-ago period. The latest quarter’s results reflect lower restructuring charges and higher sales compared to last year.
Astoria Financial Q2 Profit Climbs, Tops View – Update
Astoria Financial Corp. (AF), the holding company for Astoria Federal Savings and Loan Association, reported Wednesday a profit for the second quarter that climbed from last year, despite higher provision for loan losses, helped by lower credit costs and revenue growth. Adjusted earnings per share for the quarter surged, and topped analysts’ expectations by two [...]
Republic Airways Signs LOI To Buy 24 New Embraer 190 Aircraft – Update
Republic Airways Holdings Inc. (RJET) said Wednesday that it has signed a letter of intent with Embraer – Empresa Brasileira de Aeron utica S.A. (ERJ) to acquire 24 new Embraer 190 regional jets, with the option to convert any of the deliveries to the larger Embraer 195 model. The letter of intent or LOI is subject [...]