Columbia Banking System Announces Second Quarter 2008 Earnings; Maintains $0.17 Cash Dividend (PR...
yahoo.com     Jul 24, 2008            

Thursday July 24, 9:15 am ET Company Remains Well Capitalized, With Solid Net Interest Margin and Strong Business Fundamentals TACOMA, Wash., July 24 /PRNewswire-FirstCall/ -- Columbia Banking System, Inc. (Nasdaq: COLB - News ; "Columbia") today announced earnings for the second quarter 2008 of $1.9 million, compared with $8.5 million for the second quarter of 2007. Diluted earnings per share were $0.11, compared with $0.53 per share a year earlier. The decrease in net income for the quarter reflected the previously announced provision for loan losses of $15.4 million for the second quarter 2008, which was due to an increase in real estate construction related non-accrual loans resulting from the slowing Pacific Northwest economic environment. Revenue (net interest income plus noninterest income) was $39.6 million for the... [read full story]                    


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BB&T Insurance Services to Offer Customers MyTerm(SM), a New Online Life Insurance Product...

yahoo.com     3 hrs ago          

Thursday September 4, 11:27 am ET Speed and Convenience Make Term Life Insurance Simple for Banking Customers NEWARK, N.J.--(BUSINESS WIRE)--Prudential Financial, Inc. (NYSE:PRU - News ) today announced it is partnering...                    

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Barclays launches low cost life insurance

insurance-business-review.com     7 hrs ago   1 related          

UK-based financial services group Barclays has launched a new life insurance product to provide customers with affordable and reliable cover. Barclays launches low cost life insurance Customers applying for life insurance...                    

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N.Y. Life set to pay millions in nearly century-old claims

nydailynews.com     9 hrs ago          

Thursday, September 4th 2008, 7:31 PM New York Life is digging deep into its past to make good on claims nearly a century old. The insurer said it will seek out and compensate the heirs of Greek policyholders that lived...                    

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Depa CEO buys back shares to boost investor confidence

zawya.com     1 hr ago   1 related          

The management of Depa has bought its shares from the Dubai International Financial Exchange (DIFX) after a sustained slide ever since the company was listed on the exchange, Emirates Business has learnt. The buyback of...                    

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