Standard & Poor's Sees Next Months As Critical to Louisiana Recovery
- Hurricane Wilma Slams BankUnited. Osuri, Laura Thompson // American Banker;10/26/2005, Vol. 170 Issue 206, p20
The article reports that BankUnited Financial Corp. of Coral Gables, Fla. reported a slight increase in net income in the quarter that ended Sept. 30, but the current quarter could be more challenging as it deals with the aftermath of Hurricane Katrina.
- THE KATRINA CRISIS. Yergin, Daniel // Management Quarterly;Fall2005, Vol. 46 Issue 3, p2
Reprints the article "The Katrina Crisis," by Daniel Yergin, which first appeared in the September 2, 2005 issue of "The Wall Street Journal." Factors that led to the integrated crisis faced by areas devastated by Hurricane Katrina in the U.S. Gulf Coast; Issues surrounding the reconstruction...
- Consumer confidence plunges to 2-year low. Chamberlain, Janice // Furniture/Today;10/3/2005, Vol. 30 Issue 5, p58
Reports on the decline of the consumer confidence index in September to its lowest point since October 2003 in the U.S. Impact of Hurricane Katrina on the U.S. economy; Number of points fell; Potential effect on the economic rebuilding efforts on job growth.
- Provision Hits Teche of Louisiana. Osuri, Laura Thompson // American Banker;10/31/2005, Vol. 170 Issue 209, p5
The article reports that Teche Holding Co. of Franklin, La. is among the banking companies that have reported a decline in earnings as a result of Hurricane Katrina.
- Katrina hurts DryClean USA revenues. Hicks, Jason // American Drycleaner (Crain Communications Inc. (MI));Dec2005, Vol. 72 Issue 9, p82
The article reports that Hurricane Katrina hurt the DryClean USA Inc.'s revenues. DryClean USA earned $107,661 on revenues of $3.43 million in the quarter, which ended September 30. DryClean USA blames the nearly 19 percent revenue drop on Katrina-related shipping delays. Due to the shipping...
- Katrina-Related Charges Deal PMI Group a Blow. Shenn, Jody // American Banker;11/4/2005, Vol. 170 Issue 213, p17
The article looks at the economic impact of Hurricane Katrina on the financial performance of PMI Group Inc., a mortgage insurer and financial guarantor. The company's shares were down due to credit concerns. PMI Chairman and CEO Roger Haughton expressed optimism about the company's credit...
- Whitney Shares Fall After 3Q Miss. Kline, Alan // American Banker;10/27/2006, Vol. 171 Issue 207, p20
The article looks at how Whitney Holding Corp.'s stock price fell after the New Orleans, Louisiana company reported 2006 third-quarter earnings that fell short of analysts' expectations. Diluted earnings per share rose 279% from 2005, to 54 cents, though they missed analysts' estimates by 6...
- Katrina, Bankruptcy Filings Hurt HSBC in 3Q. Cole, Jim // American Banker;11/15/2005, Vol. 170 Issue 219, p2
The article reports that HSBC Holdings PLC has announced a decline of about 9% in third-quarter profit, partly due to Hurricane Katrina and bankruptcy filings. The company would have had a 9.5% profit without the impact of the hurricane. In general, HSBC seems to be benefiting from its...
- Hurricanes Fail to Deflate Wells Fargo, U.S. Bancorp. Cole, Jim // American Banker;10/19/2005, Vol. 170 Issue 201, p2
Reports that Wells Fargo & Co. and U.S. Bancorp benefited from solid commercial and consumer loan growth in the third quarter and beat Wall Street earnings expectations by a penny a share, despite hurricanes, troubles in the airline industry, and a return to more than normal credit costs....