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HIGH POINT, N.C.----Culp, Inc. today reported financial and operating results for the second quarter and six months ended November 2, 2008.
SPOKANE, Wash.----Clearwater Paper Corporation today announced that its Board of Directors has adopted a Stockholder Rights Plan. Under the Rights Plan, Rights will be distributed as a dividend at the rate of one Right for each outstanding share of Common Stock of the Company held by Potlatch Corporation, the Company’s sole stockholder of record as of the close of business on December 4, 2008.
Banks continue to consolidate at a furious pace, even as bills aimed at closing a tax loophole for bank mergers gather support in Washington. The latest deal occurred Thursday morning when Capital One announced it was paying $520 million in cash and stock to acquire Chevy Chase Bank , which operates in the Washington area.
HONOLULU (AP) _ The state has sold nearly $228 million in general obligation bonds. The action comes more than two months after it postponed a larger bond sale because of declining economic conditions.
TD Bank Financial Group today announced its financial results for the fourth quarter ended October 31, 2008. Overall results for the quarter reflected solid earnings contributions from TDBFG's retail businesses in both Canada and the United States, while illiquid and volatile markets affected the performance of Wholesale Banking.
TD Bank Financial Group's audited Consolidated Financial Statements
HONOLULU (AP) - The state sold nearly $228 million in general obligation bonds Tuesday, more than two months after it postponed a larger bond sale because of declining economic conditions.
Canadian Western Bank today announced good fourth quarter performance in volatile markets highlighted by very strong loan growth of 6% in the quarter and 16% for the year. Net income for the fourth quarter of $24.5 million decreased 17% compared to last year which included an income tax benefit that increased net earnings by $2.9 million .
BOSTON----State Street Corporation, , announced today a plan to reduce its operating costs and support the company’s long-term growth while aligning the organization to meet the challenges and opportunities presented by the current market environment.
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