Leucadia National Corporation Announces 2009 Results
Leucadia National Corporation (NYSE:LUK – News) today announced its operating results for the year ended December 31, 2009. Net income attributable to Leucadia National Corporation common shareholders was $550,280,000 or $2.25 per diluted common share for the year ended December 31, 2009 as compared to net loss of $(2,535,425,000) or $(11.00) per diluted common share for the year ended December 31, 2008. Net income attributable to Leucadia National Corporation common shareholders for 2009 and net loss for 2008 also included income from discontinued operations of $26,475,000 or $.11 per diluted common share and $43,886,000 or $.19 per diluted common share, respectively. [Read the full article]
Fannie Mae (NYSE:FNM – News) today reported its fourth-quarter and full-year 2009 results and filed its annual report on Form 10-K with the Securities and Exchange Commission. The filing provides consolidated financial statements for the full year of 2009. The following documents are now available on Fannie Mae’s Web site at www.fanniemae.com:
News Release reporting fourth-quarter and full-year 2009 financial resultsFannie Mae’s annual report on Form 10-K2009 Credit Supplement
Fannie Mae exists to expand affordable housing and bring global capital to local communities in order to serve the U.S. housing market. Fannie Mae has a federal charter and operates in America’s secondary mortgage market to enhance the liquidity of the mortgage market by providing funds to mortgage bankers and other lenders so that they may lend to home buyers. Our job is to help those who house America. [Read the full article]
Monarch Casino & Resort Inc. said Friday that its fourth-quarter profit sank nearly 80 percent as revenue dipped and a hefty expense dragged down results already hampered by the recession.
The company, which owns Reno’s Atlantis Casino Resort Spa, earned about $83,500, or a penny per share, for the three month period that ended Dec. 31. That compares to a year-ago profit of about $410,300, or 3 cents per share, during the same period last year.
Excluding that one-time charge, the company said it’s operating income would have $731,000 — up 76 percent from the same period last year.
For the full year, Monarch earned 4.8 million, or 30 cents per share. That’s down 49 percent from the previous year’s profit of $9.5 million, or 56 cents per share.
Monarch shares climbed 41 cents, or 5.6 percent, to close at $7.73 Friday, adding 5 cents in after-hours trading. [Read the full article]
Packaging Corporation of America (NYSE: PKG – News) announced today that its Board has approved a regular quarterly dividend of $0.15 per share on its common stock. The quarterly dividend of $0.15 per share will be paid to shareholders of record as of March 15, 2010 with a payment date of April 15, 2010. Future declaration of quarterly dividends, and the establishment of future record and payment dates, are subject to the final determination by PCAs Board of Directors.
PCA is the fifth largest producer of containerboard and corrugated packaging products in the United States with sales of $2.15 billion in 2009. PCA operates four paper mills and 68 corrugated product plants in 26 states across the country. [Read the full article]