PACCAR reported Q2/16 net income of $481.3 million was up from $447.2 million in Q2/15. The truck maker noted earnings were helped by a favorable $109.6 million adjustment to a charge for the EC investigation of European truck manufacturers. read more

JUL 27, 2016 - 6:55 am

Caterpillar reported Q2/16 sales and revenues of $10.3 billion, down 16% from $12.3 billion recorded in Q2/15. Caterpillar noted lower end-user demand for construction and continuing declines in mining and low oil prices. read more

JUL 27, 2016 - 6:39 am

KeyCorp reported its operating lease assets at the end of Q2/16 of $399 million were up 34.8% from $296 million at the end of the same quarter in 2015. read more

JUL 26, 2016 - 7:29 am

TCF Financial reported Q2 earnings of $57.7 million were up 10.4% year/year. EPS of $0.31 per share exceeded analysts’ estimates of $0.29 per share. TCF noted that its equipment finance Q2 revenues were up 17.85% year-over-year. read more

JUL 25, 2016 - 7:25 am

Textron reported its Textron Aviation unit delivered 45 Citation Jets and 23 King Airs compared to 36 jets and 30 King Airs in Q2/15. read more

JUL 25, 2016 - 7:13 am

General Electric reported through July, $168 billion in financial asset sales were closed out of $183 billion that were signed. GE also noted its SIFI de-designation was effective June 28. read more

JUL 25, 2016 - 6:50 am

GATX reported Q2/16 earnings of $61.2 million, up 35% compared to earnings of $45.4 million a year earlier. The company noted a net year-over-year gain of $28.2 million on asset dispositions. read more

JUL 22, 2016 - 7:48 am

Signature Bank announced Q2/16 net income of $102.2 million was up 13% from $90.5 million a year earlier. The bank noted a 270% increase in its provision charges primarily due to additional reserves for Chicago taxi medallion loans. read more

JUL 21, 2016 - 6:50 am

Bank of America reported Q2/16 earnings of $3.87 billion, down 19.4% from $4.80 billion a year earlier. The bank’s four core business segments trended higher, but was more than offset by a $1.6 billion earnings swing in “All Other.” read more

JUL 19, 2016 - 7:11 am

IBM reported its Global Financing unit Q2/16 revenues of $424 million were down 11.3% from $478 million for the same quarter a year earlier. read more

JUL 19, 2016 - 6:58 am

Wells Fargo reported Q2/15 earnings of $5.6 billion were down from $5.7 billion a year earlier despite higher revenues. The bank noted a Q2 provision charge $1,074 million compared to $300 million a year earlier. read more

JUL 18, 2016 - 7:54 am

U.S. Bancorp reported record Q2/16 net income of $1,522 million compared with $1,483 million a year earlier. Revenue was a record $5.45 billion, up 8.1% from $5.0 billion a year earlier. read more

JUL 18, 2016 - 7:27 am

Bloomberg reported JPMorgan posted revenue that beat estimates as it extended $106 billion more in loans compared to a year earlier. Earnings per share of $1.55 exceeded analysts’ estimates of $1.43. read more

JUL 15, 2016 - 6:55 am

Ascentium Capital funded $225.4 million during Q2/16 which included a record month in June with origination volume representing 30% growth over the same period last year. read more

JUL 7, 2016 - 7:14 am

Deere & Company reported Q2/16 earnings were down 28% from $690.5 million a year earlier. The company noted the global farm recession and weak construction-equipment markets lead to lower earnings. read more

MAY 20, 2016 - 7:54 am