Summary
A collection of news and information related to Quarterly or Semiannual Financial Statements published by Tribune Company sources.
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300 items on Quarterly or Semiannual Financial Statements
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Midwest storms prove costly to Des Moines insurer
Des Moines-based EMC Insurance Group says Midwest storms have cost the company more than $23 million. Company officials blamed the storms for a second-quarter loss of $940,000. During the same period last year, the company reported a nearly $14... -
American Axle posts $644.3M 2Q loss, citing strike
AP Business WriterAmerican Axle & Manufacturing Holdings Inc. said Friday it posted a $644.3 million second-quarter loss, blaming a nearly three-month long strike that crippled production as well as charges related to a new labor agreement. The Detroit-based auto...Tags: Plant Closings, Trucks, Chrysler, Crossovers and SUVs, Heavy Engineering
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Federal Signal reports loss after unit sale
Tribune staff reporterFederal Signal Corp. reported a second-quarter loss due to an expected a charge linked to the Oak Brook company's divestiture of a struggling unit. The maker of vehicles and equipment used by municipal, industrial and airport customers had a net loss...Tags: New York Stock Exchange, Federal Signal Corporation, Corporate Officers, Oak Brook
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Bay National swings to loss of $776,000
Bay National Corp., the holding company for Bay National Bank, swung to a second-quarter loss of $776,000, or 36 cents a share, from a profit of $622,000, or 28 cents a share, in the corresponding period last year. The bank, which has offices in Baltimore...Tags: Bay National Corporation
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Foundation Coal loses $4.4 million
Foundation Coal Holdings Inc. reported a second-quarter loss yesterday that was related to roof control issues in Northern Appalachia that hampered production and lower than expected shipments from the Powder River Basin because of heavy rainfall in...Tags: Linthicum, Foundation Coal Holdings Incorporated
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Rally ends; Dow falls 283
From wire reportsWall Street abruptly ended an earnings-driven rally and closed sharply lower yesterday after a steeper-than-expected decline in existing-home sales and worries about the financial sector chilled the market's recent optimism. The major indexes fell...Tags: New York Stock Exchange, Fannie Mae, Sales, Ford Motor Co., Washington Mutual Inc.
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Problem loans a drag on area banks' results
Los Angeles Times Staff WriterLosses on housing-related loans socked Pasadena's East West Bancorp with an unexpectedly large second-quarter loss of nearly $26 million, the bank reported Thursday, while City National Corp. of Beverly Hills and Los Angeles' Cathay General Bancorp...Tags: East West Bancorp Incorporated, Beverly Hills, Inventories, House Building, City National Corporation
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Stocks tumble, moved by banks and builders
Of Bloomberg NewsStocks tumbled, sending financial shares to their worst drop in eight years, after home sales slid more than forecast and investor Bill Gross predicted the housing slump will cost banks and brokerages $1 trillion. Citigroup Inc., Bank of America Corp....Tags: New York Stock Exchange, Weather Reports, AT&T Corp., Sales, New York Weather
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Ford posts $8.7 billion loss
The Associated Press. Ford Motor Co. posted the worst quarterly performance in its history Thursday, losing $8.67 billion in the second quarter. The company also said it will retool two more North American truck and sport-utility vehicle plants to build small, fuel-...Tags: Lincoln, Crossovers and SUVs, Ford Motor Credit Company, Sales, Heavy Engineering
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Brunswick sinks on cutback charges
Chicago Tribune reporterBrunswick Corp., hit by charges related to the company's efforts to cut production in response to sluggish market conditions, reported a second-quarter loss Thursday on sales that slipped 2 percent. The Lake Forest-based maker of boats, marine engines...Tags: Potash Corporation of Saskatchewan Incorporated, New York Stock Exchange, Earnings Forecasts, Earnings, Brunswick Corporation
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|Story| Associated Press
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|Story| South Florida Sun-Sentinel
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