SunCoke Energy Inc announced plans to form a master limited partnership, SunCoke Energy Partners LP, which will have an ownership interest in certain of its coke-making facilities. We estimate that consolidated credit metrics will remain ...
Tags: SunCoke Energy, coke, coke making facility
American Financial has registered net earnings attributable to shareholders of $99m, or $1.01 per share for the 2012 second quarter, with a steep rise of 100% from $48m or $0.46 per share during the same period earlier year. According to ...
Insurance firm MetLife has inked an agreement to dispose of its nearly $70bn mortgage servicing portfolio to US based JPMorgan Chase Bank, for an undisclosed sum. Subject to certain regulatory approvals and other customary closing ...
Tags: MetLife, mortgage service, JPMorgan Chase Bank, MetLife Bank
American Financial Group has reported net earnings attributable to shareholders of $226m or $2.39 per share for the third quarter of 2012, with an increase of 133% from $97m, or $0.95 per share, during the same period last year. Its core ...
Tags: American Financial Group, net earnings, quarter 3, shareholder
Spartan Motors has reported 25% increase in revenues to $118.8m for the first quarter of 2012 when compared to $95.1m in the same quarter previous year. The growth was primarily attributed to the revenue growth in the delivery and service ...
Tags: Spartan Motors, revenue growth, vehicles segment, net income
Infinity Property and Casualty has reported net earnings of $4.3m, or $0.35 per diluted share, for the first quarter of 2012, down 58%, compared to $10.2m, or$0.81 per diluted share, for the same period in 2011. The total revenues for the ...
Tags: Infinity, net earning, quarter 1, insurance, insurance company
Neiman Marcus Inc. reported financial results for both the fourth quarter and fiscal year ended July 28, 2012. For the fourth quarter of fiscal year 2012, the Company reported total revenues of $1.00 billion compared to $919.7 million in ...
Tags: Neiman Marcus, financial results, investment
Eastman Chemical Company announced earnings from continuing operations, of $1.57 per diluted share for third quarter 2012 versus $1.26 per diluted share for third quarter 2011. Reported earnings from continuing operations were $0.99 per ...
Tags: year-over-year earnings growth, Cash generation, Sales revenue
Sun Life Financial had operating net income (loss) of $59m in the second quarter of 2012, compared to $425m in the second quarter of 2011, reflecting the impact of lower interest rates and weak equity markets. For the second quarter ended ...
Tags: SLGI, investment, life insurance, insurance
Life insurer Primerica has registered an 18% rise in its second quarter of 2012 net operating income, which summed up to $45.5m, or $0.71 per diluted share, compared to $38.6m, or $0.51, during the same period last year. For the latest ...
Tags: Primerica, operating income, net income
Quarterly earnings from some of the biggest tech companies in the world this week were decidedly mixed,but showed some signs of strength,particularly in enterprise IT spending. Tech vendors with exposure to the hardware market have ...
Tags: tech companies, PCs, Intel, smartphone
Diversified industrial manufacturer Eaton Corporation(NYSE:ETN)("Eaton")and electrical equipment supplier Cooper Industries plc(NYSE:CBE)("Cooper")today announced they have entered into a definitive agreement under which Eaton will acquire ...
Tags: Eaton Corporation, Premier Global Power Management Company
European plastics processor Promens recovered strongly last year, delivering significantly improved operating earnings to match those achieved before the 2009 global financial crisis. The Icelandic packaging to rotational moulding group ...
Tags: market view
West Fraser’s fourth quarter saw $6.1 million in earnings, or $0.14 per share of sales. The figures are based off $650 million in 2011 and are after discontinued operations of $7.3 million or $1.47 per share on sales of $2, 762 ...
Tags: industry trends, lumber, price
MONTREAL - Forest products company Tembec is exiting the hardwood flooring business as it shutters a 108-year operation in Huntsville, Ont., and sells another facility in Toronto to a private company for $13 million. The Montreal-based ...
Tags: market view