CheckFree Trims Revenue Forecast
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- Team of Kansas Says Profit Fell. Jackson, Ben // American Banker;11/14/2005, Vol. 170 Issue 218, p5
The article reports that third quarter earnings at banking company Team Financial Inc. of Paola, Kansas fell 23.5% from last year. The decline was partly due to the fact that it sold its Team Insurance Group Inc. at the end of last year.
- CheckFree Beats Target, Gives Conversion Update. Bills, Steve // American Banker;4/21/2005, Vol. 170 Issue 76, p12
Reports that CheckFree Corp. said a continuing rise in business helped it beat analysts' expectations for the first-quarter of 2005. Expectations for a rise in transaction volume when Bank of America Corp. adds its customers acquired in the merger with FleetBoston Financial Corp.; Delays in the...
- Earnings Surging, CheckFree Emphasizing Offline Payments. Wolfe, Daniel // American Banker;1/26/2006, Vol. 171 Issue 17, p17
This article reports that the Atlanta online bill payment giant CheckFree Corp. reported strong earnings and said it plans to focus more on offline payments. Net income for the second fiscal quarter, which ended Dec. 31, rose 159% from a year earlier, to $33.8 million, CheckFree said Tuesday....
- Intel sells fab, lowers capex on tepid Q4. Taylor, Colleen // Electronic News;1/22/2007, Vol. 53 Issue 4, p20
The article reports on the financial performance of Intel Corp. for the fourth quarter of 2006. The firm posted revenue of $9.7 billion, 11.5 percent higher than the third quarter revenues. The firm's 2006 revenues are lower than that in 2005. The firm explained that the lower results led to the...
- 14-Cent Profit Hit No Big Blow to Shares of Zions. Cole, Jim // American Banker;1/12/2007, Vol. 172 Issue 9, p20
The article reports on the quarterly earnings of Zions Bancorp. According to the article, the banking company's fourth quarter 2006 earnings were 14 cents a share lower than the previous quarter. The stock closed down 0.7% following the announcement. The sale of Grant-Hatch & Associates Inc.,...
- FirstMerit Earnings Rise 9.9%. Jackson, Ben // American Banker;1/20/2006, Vol. 171 Issue 13, p4
This article reports that FirstMerit Corp. of Akron said Thursday that it earned $31.2 million in the fourth quarter, 9.9% more than a year earlier. Diluted earnings per share were 38 cents, up 15.2%. Full-year earnings rose 29.8%, to $134 million; the per-share figure, $1.60, was up 32.2%....
- Pristine Credit at Chittenden. Reosti, John // American Banker;1/20/2006, Vol. 171 Issue 13, p4
This article reports that the $6.5 billion-asset Chittenden Corp. in Burlington, Vt., reported fourth-quarter earnings of $21.8 million, 9% more than in the 2004 quarter. Peter J. Winter, an analyst with Bank of Montreal's Harris Nesbitt Corp., wrote in a research report that credit quality was...
- New Strategy Hit Corillian Profit. Wade, Will // American Banker;2/13/2006, Vol. 171 Issue 29, p8
This article reports that the online banking technology vendor Corillian Corp. said a new sales strategy produced a slight revenue gain but a net loss in the fourth quarter. It lost $39,000, 35% less than in the third quarter; it had earned $3.2 million a year earlier. Revenue of $13.8 million...
- Zions Posts 3Q Loss of $179 Million. Kuehner-Hebert, Katie // American Banker;10/20/2009, Vol. 174 Issue 191, p16
The article reports on an announcement from Salt Lake City, Utah based Zions Bancorp. In the announcement the bank indicated that it had lost $179.5 million, or $1.41 a share, in the third quarter of 2009, missing analysts' estimates by 17 cents. The bank attributed its poor financial results...
