JPMorgan reported Q3/16 net income of $6.3 billion was down 8% from $6.8 billion in the same quarter a year earlier. EPS of $1.58 beat analysts’ estimates of $1.39. The bank noted its provision for loan losses was up 86% year/year. read more

OCT 17, 2016 - 6:17 am

NetSol Technologies reported net revenue for fiscal year 2016 was a record $64.6 million, up 26% from the previous year. Net income was $3.4 million compared to a net loss of $5.5 million a year earlier. read more

SEP 16, 2016 - 7:44 am

Hewlett Packard Enterprise will spin-off and merge its software assets with Micro Focus in a deal valued at $8.8 billion. read more

SEP 9, 2016 - 6:40 am

DLL reported a net profit before minority interest of $331 million in H1/16, up 15.6% compared to the same year-ago period. The company’s managed portfolio grew 4.7% to $42.6 billion. read more

SEP 7, 2016 - 6:57 am

Deere reported Q3/16 earnings were down on weakness in global markets for farm and construction equipment. Deere said financial services net income was hurt by lower spreads, higher provisioning and losses on lease residual values. read more

AUG 22, 2016 - 7:30 am

Jet engine lessor Willis Lease Finance reported earnings for Q2/16 of $3.4 million on revenue of $49.6 million compared to a net loss of $0.5 million on revenue of $43.8 million a year earlier. read more

AUG 16, 2016 - 7:15 am

Element Financial reported Q2/16 originations from its Fleet Management business of $1.70 billion compared to $820.7 million for the same quarter a year earlier. read more

AUG 12, 2016 - 8:46 am

Element reported total earning assets for ECN Capital at the end of Q2/16 was $6.6 billion, up 22% compared to $5.4 billion at the end of Q2/15. read more

AUG 12, 2016 - 8:36 am

Snap-On reported Q2/16 additions to its portfolio of $244.2 million were up 12.4% from $217.2 million in the same quarter in 2015. The company said quarter-end net finance receivables stood at $1.3 3 billion, up from $1.22 billion a year earlier. read more

AUG 11, 2016 - 7:17 am

NewStar reported year-to-date net income of $9.25 million was up 22.7% compared to $7.54 million a year earlier. The company noted a $22.5 million gain on the sale of its ABL business earlier in the year. read more

AUG 8, 2016 - 7:16 am

Air Lease announced Q2/16 net income of $91.8 million was up 20.6% compared to $76.1 million a year earlier. Revenues were a record $350.1 million, up 14.9% from $304.7 million in Q2/15. read more

AUG 8, 2016 - 6:49 am

In its Q2/16 earnings report, Marlin reported lease and loan orginiation volume of $121.5 million, up 30.3% from Q2/15. In addition, the company posted a 9.8% increase in net income. read more

JUL 29, 2016 - 8:02 am

CNH reported Q2/16 net income for Financial Services was down $11 million from $98 million in Q2/15 as a result of lower average portfolio balances and reduction in interest rate spreads. read more

JUL 28, 2016 - 7:24 am

Rush Enterprises reported Q2/16 Class 8 truck sales decreased 45% compared to the same quarter in 2015. The company noted “Class 8 sales were severely impacted by reduced demand from several of its large fleet customers.” read more

JUL 27, 2016 - 7:32 am

Cat Financial reported Q2/16 retail new business volume was $3.06 billion, an increase of $319 million or 12% from Q2/15. The increase was related to higher volume primarily in North America and Europe. read more

JUL 27, 2016 - 7:16 am