Articles Tagged with ''Fourth-quarter earnings''

Ally earnings tumble amid mortgage settlement costs

Officially finished with mortgages
Ally Financial officially exited the mortgage business by the end of 2013 but not without incurring significant losses. Ally recorded a net income of $104 million for the fourth quarter of 2013, a giant drop down from a net income of $1.4 billion for the fourth quarter of 2012.
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Radian 4Q earnings hit $36.4 million

Return to profit soars past analyst expectations
After four straight losses, Radian recorded a fourth-quarter net income of $36.4 million, or 19 cents per share, compared to a net loss of $177.3 million, or $1.34 per diluted share, a year ago, beating analysts estimations by 19 cents.
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BNY Mellon 4Q earnings take a hit

The Bank of New York Mellon Corp. posted lower fourth-quarter net income of $513 million, or 44 cents per diluted common share, down from $622 million, or 53 cents per diluted common share, in the fourth quarter of 2012.
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