Reuters – The U.S. thrift industry reported its third consecutive quarter of profit, earning $1.82 billion during the first three months of the year.
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Reuters – The U.S. thrift industry reported its third consecutive quarter of profit, earning $1.82 billion during the first three months of the year.
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Reuters – GMAC Financial Services, a lender majority-owned by the U.S. government, posted its first profit since the fourth quarter of 2008 as it starts to recover from billions of dollars lost on bad mortgages.
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AP – GMAC Financial Services on Monday posted its first quarterly profit in more than a year and announced plans to rename itself Ally Financial Inc., as the consumer lender aims to put a failed foray into the mortgage business behind it.
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AP – FICO Inc., the financial services company formerly called The Fair Isaac Co., on Wednesday said its second-quarter profit fell 27 percent as revenue fell across all three of its business segments.
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AFP – Embattled Wall Street investment giant Goldman Sachs hit back Sunday at claims that it used the US sub-prime mortgage crisis to make tens of millions of dollars in profit.
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AFP – A US Senate investigative panel has released several emails that could prove embarrassing to Goldman Sachs as they suggest the Wall Street investment giant used the US sub-prime mortgage crisis to make tens of millions of dollars in profit.
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AP – Sallie Mae, the nation’s largest student lender, on Wednesday posted a profit for the first quarter, reversing a year-ago loss, as bad loans eased and it lent to more students.
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AP – Book seller Borders Group Inc.’s fourth-quarter profit rose as it cut costs and enjoyed a tax benefit, even though its sales plunged, the company said Wednesday.
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AP – Swiss insurer Zurich Financial on Thursday revised its annual net profit upward by $747 million, citing accounting changes related to hedging in the U.S. life insurance market.
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AP – Technology consulting company Ciber Inc. said Monday its fourth-quarter profit declined amid the difficult economy and because of a higher income tax rate than a year earlier.
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