Bank of America Reports First-quarter 2015 Net Income of $3.4 Billion, or $0.27 per Diluted Share


Dateline City: CHARLOTTE, N.C. Results Include $ 1.0 Billion ($ 0.06 per Share) in Annual Retirement-eligible Incentive Costs and $ 0.5 Billion ($ 0.03 per Share) in Charges to Revenue for Market-related Net Interest Income Adjustments Continued Business Momentum Period-end Deposit Balances Increased to Record $ 1.15 Trillion Originated $ 17 Billion in First-lien Residential Mortgage Loans Read more [...]

Bank of America to Report First-quarter 2015 Financial Results on April 15


Dateline City: CHARLOTTE, N.C. Bank of America Corporation today announced it will report its first-quarter 2015 financial results on Wednesday, April 15. The results are scheduled to be released at 7 a.m. ET, followed by an investor presentation at 8:30 a.m. ET. The live audio webcast, accompanying presentation and other earnings-related information will be available through the Bank Read more [...]

Meritor Reports First-Quarter Fiscal Year 2015 Results


Improves Adjusted EBITDA Margin by 100 Basis Points Year Over Year; Announces Seven-Year Agreement with PACCAR TROY, Mich., Jan. 28, 2015 /PRNewswire/ -- Meritor, Inc. (NYSE: MTOR) today reported financial results for its first fiscal quarter ended Dec. 31, 2014. First-Quarter Highlights Sales were $ 879 million, down $ 21 million, or 2 percent, from the same period last year. Net income attributable to Meritor on a GAAP basis was $ 29 million, compared to $ 11 million a year ago. Earnings Read more [...]

Con-way Inc. Reports 2014 First-Quarter Results


Con-way Inc. (NYSE:CNW) today reported 2014 first quarter net income of $ 12.9 million, or 22 cents per diluted share. The results compare to first quarter 2013 net income of $ 14.0 million, or 25 cents per diluted share. On a non-GAAP basis, earnings per diluted share were 20 cents in the 2014 first quarter compared to 18 cents in last year’s first quarter. (Non-GAAP items, consisting solely of tax-related adjustments, are detailed in the attached reconciliation.)Operating income in the Read more [...]

UPDATE – Con-way Inc. Reports 2014 First-Quarter Results


CORRECTION - Con-way Inc. (NYSE:CNW) this afternoon issued a correction regarding the toll-free telephone number for its investor conference call scheduled for tomorrow, Thursday, May 1, beginning at 8:30 a.m. Eastern Time.The correct toll-free telephone number for the conference call is (877) 874-4749. The call will also be available through a live internet webcast at www.con-way.com, in the investors section.About Con-way Inc.Con-way Inc. (NYSE:CNW) is a $ 5.5 billion freight transportation and Read more [...]

ExxonMobil Announces First-Quarter 2014 Earnings Conference Call


Dateline City: IRVING, Texas IRVING, Texas--(BUSINESS WIRE)--Exxon Mobil Corporation (NYSE:XOM) will release first-quarter financial results on Thursday, May 1, 2014. The earnings press release will be available at 7 a.m. CT at www.exxonmobil.com. David Rosenthal, vice president of Investor Relations, will review the results during a listen-only conference call at 10 a.m. CT. The earnings Read more [...]

Meritor Reports First-Quarter Fiscal Year 2014 Results


Achieves Net Income of $ 11 Million and Earnings Per Share of $ 0.11 TROY, Mich., Jan. 29, 2014 /PRNewswire/ -- Meritor, Inc. (NYSE: MTOR) today reported financial results for its first fiscal quarter ended Dec. 31, 2013. First-Quarter Highlights Sales were $ 907 million, up $ 16 million or 2 percent, from the same period last year. Net income on a GAAP basis was $ 11 million, compared to a net loss of $ 21 million in the same period last year. Adjusted EBITDA was $ 70 million, compared with $ 46 Read more [...]