By Trey Williams, MarketWatch
NEW YORK (MarketWatch)--The days of the food industry peddling products packed with sugars, chemicals and artificial flavors are fast coming to an end, creating a challenge for the companies that supply those ingredients.
Horizon Bancorp (NASDAQ: HBNC) (“Horizon”) and Peoples Bancorp (OTCPINK:
PBNI) (“Peoples”), today announced they have executed a definitive
agreement whereby Horizon will acquire Peoples and its wholly-owned
subsidiary, Peoples Federal Savings Bank of DeKalb County (“Peoples
Federal Savings Bank”), through a stock and cash merger.
HSBC Finance Corporation announced today that its board of directors
declared the regular quarterly cash dividend on the company’s Series B
preferred stock of $0.3975 per depositary share payable March 13, 2015,
to stockholders of record as of March 2, 2015.
HSBC USA Inc. announced today that its board of directors declared the
regular quarterly cash dividend on the company’s preferred stock as
follows, each such dividend payable on April 1, 2015, to stockholders of
record as of March 13, 2015.
Revenues were $1.93 billion for the quarter and $6.96 billion for the year
Segment operating margin was 7.0 percent for the quarter and 8.4 percent for the year
Total operating margin was 7.5 percent for the quarter and 9.4 percent for the year
Excluding a $47 million non-cash goodwill impairment charge:
Segment operating margin was 9.4 percent for the quarter and 9.1 percent for the year
Total operating margin was 9.9 percent for the quarter and 10.1 percent for the year
Diluted earnings per share was $1.05 for the quarter and $6.86 for the year
Adjusted diluted earnings per share was $2.19 for the quarter and $7.14 for the year
Cash from operations was $402 million for the quarter and $716 million for the year
NEWPORT NEWS, Va., Feb.
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