Reserve strengthening adds 20.2 points to combined ratio and drives 2014 second quarter net loss Continued rate increases result in gross premiums written up 8% for 2014 second quarter and first six months
RICHFIELD, Ohio, July 28, 2014 (GLOBE NEWSWIRE) -- National Interstate Corporation (Nasdaq:NATL) today reported results for the 2014 second quarter and first six months.
EMC Insurance Group Inc. (NASDAQ:EMCI):
Second Quarter Ended June 30, 2014 Operating
Loss Per Share – $0.04 Net Income Per Share – $0.08 Net
Realized Investment Gains Per Share – $0.11 Catastrophe and Storm
Losses Per Share – $1.35 Large Losses Per Share – $0.48 GAAP
Combined Ratio – 109.6 percent
Six Month Ended June 30, 2014 Operating
Income Per Share – $0.69 Net Income Per Share – $0.87 Net
Realized Investment Gains Per Share – $0.17 Catastrophe and Storm
Losses Per Share – $1.71 Large Losses Per Share – $0.68 GAAP
Combined Ratio – 103.9 percent
2014 Operating Income Guidance – $2.00 to $2.25 per share
EMC Insurance Group Inc. (NASDAQ OMX/GS:EMCI) today reported an
operating loss of $509,000 ($0.04 per share) for the second quarter
ended June 30, 2014, compared to operating income
- Q2 2014 GAAP diluted earnings per share were $0.25 compared to $0.85 Q2 2013 GAAP diluted earnings per share primarily due to acquisition and integration costs
- Q2 2014 adjusted diluted earnings per share were $1.10 compared to $1.01 Q2 2013 adjusted diluted earnings per share (see attached non-GAAP reconciliations) - Men's Wearhouse second quarter comparable sales increased 4.4% - Jos.
GlobalWise Investments, Inc. ( OTCQB:
INLX ) and its wholly owned subsidiary Intellinetics, Inc., a
leading-edge technology company focused on the design, implementation
and management of cloud-based Enterprise Content Management (“ECM”)
systems in both the public and private sectors, announced financial
results for the second quarter and six-month periods ended June 30, 2014.
GOUVERNEUR, N.Y. , July 29, 2014 /PRNewswire/ -- Gouverneur Bancorp, Inc. (OTCQB: GOVB) (the "Company") and its subsidiary, Gouverneur Savings and Loan Association (the "Bank"), today announced the results for the third quarter and nine months ended June 30, 2014 .
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