Genesco (GCO) Misses Q4 EPS by 9c

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Genesco Reports Fourth Quarter And Fiscal 2015 Results

March 12, 2015 7:29 AM EDT

NASHVILLE, Tenn., March 12, 2015 /PRNewswire/ -- Genesco Inc. (NYSE: GCO) today reported earnings from continuing operations for the fourth quarter ended January 31, 2015, of $51.8 million, or $2.18 per diluted share, compared to earnings from continuing operations of $42.2 million, or $1.79 per diluted share, for the fourth quarter ended February 1, 2014. Fiscal 2015 fourth quarter results reflect pretax items of $1.9 million, or $0.12 per share after tax, including $1.0 million of expenses related to deferred purchase price payments in connection with the acquisition of Schuh Group Limited, which are required to be expensed as compensation because the payment is contingent upon... More

Atradius Announces Strong Earnings

March 11, 2015 6:00 AM EDT

AMSTERDAM, March 11, 2015 /PRNewswire/ --

Significant improvement in revenue growth and claims

Highlights:

Written premium rose 6.5% to EUR 1,497.6 million, increasing in Western Europe and showing good growth in developing markets Insurance revenue rose 3.3% to EUR 1,573.4 million Gross insurance result (before reinsurance) improved 27.1% in 2014 to EUR 357.5 million Net profit: EUR 161.2 million, up 19.8%, with a major contribution from its Spanish operations Combined ratio: 77.3%, improvement of 4.2 percentage points Shareholders' equity: EUR 1,393 million, up 8.25%

Isidoro Unda, CEO of Atradius... More