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Quarterly Earnings: Hollister, cbdMD, Power REIT
Wednesday, October 28, 2020 - 11:34am | 578Hollister Posts Unaudited Q3 Financial Results, Generates CA$ 12.5M In Revenue Hollister Biosciences Inc. (CSE: HOLL) (PINK: HSTRF) reported revenue of approximately CA$12.5 million for the third quarter of 2020. The Vancouver-based company also posted CA$1.265 million in EBITDA,...
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Terms Of The Trade: What Coverage Ratios Tell Investors About A Company's Debt Load
Saturday, July 30, 2016 - 4:50pm | 447Debt is a part of business. Corporations employ debt to build their businesses bigger and faster than they could if they had to rely solely on their earnings With that said, debt can also be a crippling burden, as interest payments eat away at returns, debt covenants put pressure on its management...
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What the Heck Are Loan Loss Reserves and Why Are Banks Making Money From Them?
Tuesday, July 16, 2013 - 11:28am | 754A key theme in the recent earnings releases from some of the nation's big banks has been the reduction in an accounting item called the loan loss reserves. Although this sounds like mere book keeping at first, loan loss reserves have contributed hundreds of millions to bank profits recently and...
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UPDATE: CIBC Q2 Net Income Up 6%
Thursday, May 31, 2012 - 6:44am | 64Canadian Imperial Bank of Commerce (NYSE: CM) reported a 6% rise in its second-quarter income. CIBC's quarterly net income climbed to C$811 million, or C$1.90 per share, versus C$767 million, or C$1.80 per share, in the year-ago period. Excluding items, CIBS earned C$2.00 per share. Its total...
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Nord Gold Q1 Net Income Down 30%
Friday, May 18, 2012 - 6:52am | 48Russia's Nord Gold reported a 30% decline in its first-quarter net income. Its quarterly net income dropped to $60 million. Its revenue climbed 8% to $264 million. Gold output dropped 10% to 156,200 troy ounces. Nord Gold's earnings before interest, taxation, depreciation and amortisation (...
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5 Stocks with Highest Net Income and PEG (GS, WFC, UNH)
Wednesday, October 21, 2009 - 12:37pm | 176Below are interesting stocks on the NYSE and NASDAQ with the highest net income. Goldman Sachs Group Inc (NYSE: GS) generated a net income of $9.91 billion in FY08. GS has a PEG ratio of 0.79. JMP Securities upgraded GS from “market perform” to “market outperform.” Wells Fargo & Company (NYSE...