Uderstanding the developing trends in any market segment is critical to having a successful year. 2012 promises many changes in the insurance industry, but particularly in the environmental segment. Events are finally moving...
LOUISVILLE, Ky. -- Republic Bancorp, Inc. is pleased to announce its fourth consecutive year of increased earnings by completing 2011 with net income of $94.1 million, a $29.4 million, or 45%, increase over...
TYSONS CORNER, Va. -- Cardinal Financial Corporation (NASDAQ: CFNL) (the "Company") today announced earnings of $28.0 million, or $0.94 per diluted share, for year ended December 31, 2011. This is a 51.8% increase...
SAN FRANCISCO -- Fitch Ratings affirms the following bonds issued by the City of Modesto, California and secured by the city's wastewater revenues: --$48.1 million wastewater revenue bonds, series 2005A and 2006A, at...
PEMBROKE, Bermuda -- Regulatory News: PartnerRe Ltd. (NYSE, Euronext: PRE) today announced that the Company expects to record a charge of approximately $120 million, pre-tax and net of retrocession and reinstatement premiums, in...
Book Value Per Share Increases 17% in 2011 2011 Full Year Highlights * Net income was a record $352.1 million and diluted earnings per share ("EPS") were $2.65. * Non-GAAP net income was...
Louisiana's business deal volume increased in 2011 with 177 transactions announced or closed during the year, up 37 percent from 2010 and 62 percent better than 2009 activity. Wrapping up the year in...
NEW YORK -- JP Morgan Chase's (JPM) 4Q11 results are in line with Fitch Ratings' expectations. The company reported 4Q11 and full-year earnings of $3.7 billion and $19.0 billion respectively, 4Q11 signaled continued...
NEW YORK -- Fitch Ratings has upgraded its Issuer Default Ratings (IDR) for the Nielsen Company, B.V. (Nielsen), and Nielsen Finance LLC and Nielsen Finance Co. (collectively, Nielsen Finance) to 'BB' from 'B+'....
Team grows with promotions and newcomers from Nokia and Habbo Hotel SAN MATEO, Calif. -- Digital Chocolate, a leader in social games across growing platforms, has hired two new executives and promoted several...
OLDWICK, N.J. -- A.M. Best Co. has revised the outlook to stable from positive and affirmed the financial strength rating of B- (Fair) and issuer credit rating of "bb-" of Cooperativa de Seguros...
WARSAW, Ind. -- Biomet, Inc. announced today financial results for its second fiscal quarter ended November 30, 2011. The Company announced preliminary net sales results for the fiscal second quarter in its press...
SAN FRANCISCO -- San Francisco, California-based NaturEner USA, LLC ("NaturEner"), a renewable energy company, announces that it has secured a $320 million construction loan with Morgan Stanley that will enable construction of the...
PEMBROKE, Bermuda -- Regulatory News: PartnerRe Ltd. (NYSE,Euronext:PRE) today announced dates for its 2011 fourth quarter and full year results press release and conference call. PartnerRe will release its 2011 fourth quarter and...
NEW YORK -- Fitch Ratings today affirmed the 'A-' insurer financial strength (IFS) rating of Montpelier Reinsurance Ltd. (Montpelier Re), the principal (re)insurance operating subsidiary of Montpelier Re Holdings Ltd (Montpelier) (full rating...
NEW YORK -- Annaly Capital Management, Inc. (NYSE: NLY) released its fourth quarter 2011 market commentary providing a review of the economy and the residential mortgage, commercial mortgage, asset-backed, corporate credit and treasury...
Year of Strategic Focus on High-Margin Value Added Offerings and Services Culminates with Record Fourth Quarter Performance FREMONT, Calif. -- SYNNEX Corporation (NYSE: SNX), a leading business process services company, today announced financial...
NEW YORK -- Fitch Ratings has published a special report on Disclosure of Loan Pool Information for U.S. residential mortgage-backed securities (RMBS) for the fourth quarter of 2011 (4Q'11). The report is available...
Revenue, Earnings Improve Year-Over-Year 4Q 2011 Highlights * Loss from continuing operations of $193 million, or $0.18 per share; excluding special items, loss from continuing operations of $34 million, or $0.03 per share...