Penns Woods Bancorp, Inc. Reports Second Quarter 2008 Earnings Jul 18, 2008 12:51PM

JERSEY SHORE, Pa.--(BUSINESS WIRE)-- Penns Woods Bancorp, Inc. (NASDAQ: PWOD) today reported that net income from core operations ("operating earnings"), which excludes net securities gains and losses, increased 3.8% and 2.9% to $2,223,000 and $4,329,000 for the three and six months ended June 30, 2008 compared to $2,142,000 and $4,207,000 for the same periods of 2007. In addition, second quarter 2008 operating earnings represent an increase of $117,000 or 5.6% from the first quarter 2008 results. Operating earnings per share for the three months ended June 30, 2008 increased 5.5% to $0.58 basic ($0.57 dilutive) compared to $0.55 basic ($0.55 dilutive) for the three months ended June 30, 2007. Second quarter 2008 operating earnings per share represent an increase of 7.4% or $0.04 compared to operating earnings of $0.54 for the first quarter of 2008. Operating earnings for the three and six month periods ended June 30, 2008 have been positively impacted by continued strong credit quality, deposit growth, solid non-interest ...


Wilmington Trust Announces 2008 Second Quarter Results Jul 18, 2008 08:00AM

WILMINGTON, Del.--(BUSINESS WIRE)-- Wilmington Trust Corporation (NYSE: WL) reported a loss of $19.5 million, or $0.29 per share, for the 2008 second quarter. Two events caused this loss: -- Business conditions at affiliate money manager Roxbury Capital Management (RCM) led to a decline of $66.9 million in the value of Wilmington Trust's investment in the firm. This amount, which was recorded as a non-cash impairment expense, reduced net income by $43.5 million, or $0.64 per share (on a diluted basis). Wilmington Trust previously disclosed this charge in a June 19, 2008, filing with the Securities and ...


Guaranty Bancorp Announces Second Quarter 2008 Earnings Jul 17, 2008 06:05PM

-- Net income of $2.0 million or $0.04 per basic and diluted share -- Stockholders' equity remains stable at 17.97% of total assets while tangible equity increases to 6.93% of tangible assets -- Major initiative undertaken to better align business expenses and revenue DENVER, July 17, 2008 (PRIME NEWSWIRE) -- Guaranty Bancorp (Nasdaq: GBNK) today reported second quarter 2008 net income of $2.0 million, or 4 cents earnings per basic and diluted share, compared to a second quarter 2007 net loss of $6.8 million, or 13 cents loss per basic and diluted share. Excluding after-tax intangible asset amortization of $1.2 million, second quarter 2008 cash net income was $3.2 million, or 6 cents cash earnings per basic and diluted share, compared to second quarter 2007 cash net loss of $5.4 million, or 10 cents cash loss per basic and diluted share. Second quarter 2008 net ...


June FOMC Minutes Released: Some Fed Officials Favored Rate Rise 'Very Soon' Jul 16, 2008 02:06PM

According to the FOMC minutes from ...


Trading Radar 7/16: Wells Fargo (WFC), eBay (EBAY), Yum! (YUM), St. Jude Medical (STJ) Report; CPI for June, Industrial Production, Crude Inventories, FOMC Minutes Due Jul 15, 2008 05:29PM

StreetInsider.com Trading Radar:

Before Market Opens:
Economics:
8:30 AM ET
CPI for June - Street expects 0.7%, compared to May's 0.6%
Core CPI for June - Street expects 0.2%, compared to 0.2% in May9:15 ...


View Older Stories

Jul 15, 2008 02:58PM National Municipals Fall in June; Second Worst Month of the Year for S&P National Municipal Bond Index
Jul 15, 2008 10:03AM Bernanke Semiannual Monetary Policy Report to the Congress
Jul 14, 2008 10:49AM INTERVEST BANCSHARES CORPORATION Reports 2008 Second Quarter Earnings of $1.8 Million
Jun 30, 2008 09:00AM BlackRock's Bob Doll Expects U.S. Equities to ''Grind Higher'' in 2008'S Second Half, with Help of Global Growth, Stronger Earnings, Moderating Inflation
Jun 26, 2008 07:30AM Bankrate: Mortgage Rates, Like Fed, Hold Steady
Jun 25, 2008 02:18PM Volatility Index NASDAQ 100-VXN down 1.97 to 26.05
Jun 25, 2008 02:11PM FOMC Leaves Rates Unchanged at 2%
Jun 25, 2008 01:51PM Volatility Index NASDAQ 100-VXN down 1.71 to 26.43 into FOMC rate decision.
Jun 24, 2008 05:33PM Trading Radar 6/25: Research In Motion (RIMM), Monsanto (MON), Oracle (ORCL), Nike (NKE), General Mills (GIS) Report; Durable Orders, New Home Sales for May, FOMC Policy Statement Due
Jun 16, 2008 10:04AM David Moenning's Daily State of the Markets: 06/16
Jun 11, 2008 10:02AM David Moenning’s Daily State of the Markets: 6/11
Jun 11, 2008 09:00AM Deloitte Consumer Spending Index Shows an Upturn
Jun 4, 2008 09:58AM David Moenning's Daily State of the Markets: 6/04
May 22, 2008 10:11AM David Moenning's Daily State of the Markets:
May 20, 2008 05:41PM Trading Radar 5/21: Solarfun (SOLF), Longs Drug Stores (LDG), Limited (LTD), Salesforce.com (CRM) Report; FOMC Minutes Due
May 20, 2008 12:59PM Central High School Captures Top Honors for the Second Straight Year at National 'Fed Challenge' Championship
May 8, 2008 10:52AM David Moenning's Daily State of the Markets: 5/8
May 1, 2008 10:29AM David Moenning's Daily State of the Markets: 05/01
Apr 30, 2008 02:35PM Volatility Index NASDAQ 100-VXN up 02c to 23.89; FOMC lowers rates 25bps to 2%
Apr 30, 2008 02:17PM FOMC Cuts Interest Rates 25 bp to 2%
Apr 30, 2008 02:15PM FOMC cuts interest rates 25 bp to 2%
Apr 30, 2008 12:07PM Volatility Index NASDAQ 100-VXN up 05c to 23.92 into FOMC rate decision
Apr 30, 2008 10:26AM David Moenning's Daily State of the Markets: 04/30
Apr 29, 2008 05:41PM Trading Radar 4/30: Garmin (GRMN), Kraft (KFT), Starbucks (SBUX), Time Warner (TWX), Procter & Gamble (PG), Las Vegas Sands (LVS); GDP for Q1, ADP Employment Report, and FOMC Policy Statement Due
Apr 29, 2008 10:39AM David Moenning's Daily State of the Markets: 4/29
Apr 15, 2008 05:53PM Trading Radar 4/16: Coca-Cola (KO), JP Morgan (JPM), eBay (EBAY), IBM (IBM) Report; CPI Due
Apr 9, 2008 09:58AM David Moenning's Daily State of the Markets: 4/9
Apr 8, 2008 02:15PM FOMC Minutes March 18th Meeting (Full)
Apr 8, 2008 02:08PM FOMC Minutes March 18th Meeting Highlights
Apr 8, 2008 02:03PM FOMC Minutes: Calibrating Policy Was 'Difficult' - DJ
Apr 8, 2008 02:01PM FOMC Minutes: Some Fed Officials saw Risk of Prolonged and severe downturn
Apr 8, 2008 09:39AM David Moenning's Daily State of the Markets: 4/8
Apr 7, 2008 05:17PM Trading Radar 4/08: MSC Industrial (MSM) Reports Results; Pending Home Sales and FOMC Minutes Due
Apr 2, 2008 09:33AM Bernanke Testimony Before the Joint Economic Committee, U.S. Congress
Mar 18, 2008 03:08PM Stocks Rally To Day Highs After Fed 3/4 Point Rate Cut
Mar 18, 2008 02:38PM Volatility Index NASDAQ 100-VXN down 2.05 to 30.94
Mar 18, 2008 02:27PM Markets Fall Off Highs After FOMC Announcement
Mar 18, 2008 02:17PM FOMC: Fisher, Plosser Dissented, Preferred Less Aggressive Action - DJ
Mar 18, 2008 02:17PM UPDATE: FOMC Cuts Rates 75 bps to 2.25%
Mar 18, 2008 02:15PM FOMC also cuts discount rate 75 bpt to 2.50%
Mar 18, 2008 02:14PM The FOMC cut rates 75 bps to 2.25%
Mar 18, 2008 02:02PM Volatility Index NASDAQ 100-VXN down 2.34 to 30.58 into FOMC rate decision
Mar 18, 2008 10:00AM Equities Higher Following Upside Goldman, Lehman Results and Ahead of FOMC Decision
Mar 17, 2008 06:02PM Trading Radar 3/18: FOMC Rate Decision Due; Lehman Bros (LEH), Goldman Sachs (GS) Report Results
Mar 17, 2008 02:34PM Ides of March Take Down Bear Stearns, Spitzer - Who's Next?
Mar 16, 2008 08:25PM Fed Cuts Discount Rate to 3.25%
Mar 11, 2008 10:34AM David Moenning's Daily State of the Markets: 3/11
Mar 11, 2008 08:37AM FOMC Announces New $200B Plan to Address Liquidity Pressures (Full Text)
Mar 11, 2008 08:34AM New $200B Fed Loan Program May Be Secured By Agency and Private Mortgage-Backed Securities
Mar 10, 2008 10:13AM David Moenning's Daily State of the Markets: 3/10
View Older Stories