Federal Home Loan Bank of Atlanta Announces Preliminary 2009 Year-end Financial Results

Federal Home Loan Bank of Atlanta (the Bank) today released unaudited financial highlights for the year ended Dec. 31, 2009. The Bank will announce 2009 audited financial results in its Form 10-K filing with the Securities and Exchange Commission, which is expected to be filed on or about March 25, 2010.  

As of Dec. 31, 2009, total assets were $151.3 billion, a decrease of $57.3 billion, or 27.5 percent, from Dec. 31, 2008. The decrease in total assets was primarily a result of a decrease in advances and held-to-maturity securities during the year.

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Advances decreased $51.3 billion, or 30.9 percent, to $114.6 billion as of Dec. 31, 2009 from $165.9 billion at Dec. 31, 2008. [Read the full article]

Charles & Colvard, Ltd. (NASDAQ: CTHR), the sole manufacturer of moissanite jewels, The Most Brilliant Jewel in the World™, announced today that it plans to report fourth quarter and fiscal year 2009 financial results on Thursday, February 25, 2010 before market open. The announcement will be followed by a live company-hosted conference call at 11:00 a.m. ET in which management will review the financial and operating results for the periods and discuss recent business developments. A question-and-answer session will follow.

The live webcast can be found at www.charlesandcolvard.com. Participants should go to the website 10 to 15 minutes prior to the scheduled teleconference in order to register and download any necessary audio software. U.S. [Read the full article]

Intermap Technologies Corporation, (TSX: IMP – News) issued notice today that it will release its 2009 fourth quarter and year-end financial results after the close of trading on Thursday, February 25, 2010.

A conference call to review the results will take place the same day at 4:30 pm ET (2:30 pm MT). Management will speak on behalf of the Company, providing an update on the Intermap progress on its NEXTMap business model. A question-and-answer period will follow the review of the financial results.

To participate in the call, please dial +1-416-340-8018 or +1-866-223-7781 approximately 10 minutes prior to the conference call. A recording of the conference call will be available through March 10, 2010. Please dial +1-416-695-5800 or +1-800-408-3053 and provide the password 7310672 to listen to the rebroadcast. [Read the full article]

Quarterly earnings at Lowe’s Cos. rose for the first time since 2007, a 27 percent fourth-quarter increase fueled by rising demand for appliances and cost cutting.

The No. 2 home-improvement retailer also said Monday that it expects sales to rise this year as the long-suffering housing market and broader economy recover. Still, a snowy February kept Lowe’s cautious about the first-quarter outlook.

At Lowe’s, sales at stores open at least one year fell 1.6 percent, the smallest drop in 3 1/2 years. The measure is considered a key gauge of a retailer’s financial health because it measures sales at existing stores rather than newly opened ones. [Read the full article]

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