On Friday, Ally Financial Inc (NYSE:ALLY)’s shares declined -2.37% to $21.85.
Ally Financial Inc (ALLY) has planned the release of its second quarter 2015 financial results for Tuesday, July 28, 2015. The press release will be issued at 7:30 a.m. EDT via PR Newswire and on the Ally Media Center website (http://media.ally.com).
Ally Financial Inc. provides financial products and services primarily to automotive dealers and their customers in the United States. It offers dealer financial services, counting a range of financial services and insurance products to automotive dealers and retail customers.
Zions Bancorporation (NASDAQ:ZION)’s shares dropped -0.63% to $31.39.
Zions Bancorporation (ZION) declared that its board of directors declared a regular quarterly dividend of $0.06 per common share. The dividend is payable August 27, 2015 to shareholders of record on August 20, 2015. The board of directors also declared the regular cash dividends on the company’s various perpetual preferred shares. The cash dividends on the Series A, F, G, H & J shares are payable on September 15, 2015 to shareholders of record on September 1, 2015. The dividends on Series I shares were also declared and are payable on December 15, 2015 to shareholders of record on December 1, 2015.
Zions Bancorporation, a financial holding company, provides a range of banking and related services in Arizona, California, Colorado, Idaho, Nevada, New Mexico, Oregon, Texas, Utah, Washington, and Wyoming. The company offers community banking services, such as small and medium-sized business and corporate banking; commercial and residential development, construction, and term lending; retail banking; treasury cash administration and related products and services; and residential mortgage servicing and lending. It also provides trust and wealth administration services; limited capital markets services, counting municipal finance advisory and underwriting; and investment services. In addition, the company offers personal banking services, counting home mortgages, bankcard, other installment loans, home equity lines of credit, checking accounts, savings accounts, certificates of deposit of various types and maturities, trust services, safe deposit facilities, direct deposit, and Internet and mobile banking services.
At the end of Friday’s trade, Harley-Davidson Inc (NYSE:HOG)‘s shares dipped -1.17% to $57.57.
Harley-Davidson, Inc. (HOG) second-quarter 2015 diluted earnings per share were $1.44 contrast to EPS of $1.62 in the year-ago period. Second-quarter net income was $299.8 million on merged revenue of $1.82 billion contrast to net income of $354.2 million on merged revenue of $2.00 billion in the year-ago period. Second-quarter results are in line with company expectations following Harley-Davidson’s decision in April to lower motorcycle shipments from initial projections for 2015 in light of currency-driven competitive pressures in the U.S. and the company’s commitment to manage supply in line with demand.
Dealer new motorcycle sales were down 1.4 percent worldwide for the second quarter contrast to the year-ago period, but gained momentum as the quarter progressed.
Harley-Davidson, Inc. manufactures cruiser and touring motorcycles. The company operates in two segments, Motorcycles & Related Products and Financial Services. The Motorcycles & Related Products segment designs, manufactures, and sells wholesale street-legal Harley-Davidson motorcycles, in addition to a line of motorcycle parts, accessories, general merchandise, and related services. This segment manufactures six platforms of motorcycles: Touring, Dyna, Softail, Sportster, V-Rod, and Street. It offers motorcycle parts and accessories comprising replacement parts, and mechanical and cosmetic accessories; general merchandise, such as MotorClothes apparel and riding gear; and motorcycle rentals and motorcycle rider training services, in addition to licenses the Harley-Davidson name and other trademarks. This segment sells its products to retail customers through a network of independent dealers primarily in North America, Europe, the Middle East, Africa, the Asia-Pacific, and Latin America.
CYS Investments Inc (NYSE:CYS), ended its Friday’s trading session with -2.12% loss, and closed at $7.39.
CYS Investments, Inc. (CYS) declared financial results for the quarter ended June 30, 2015 (the “Second Quarter”).
Second Quarter 2015 Summary Results
- June 30, 2015 book value per common share of $9.62, after declaring a $0.28 dividend per common share on June 8, 2015.
- GAAP net loss accessible to common stockholders of $(102.2) million, or $(0.66) per diluted common share.
- Core earnings plus drop income of $42.8 million ($34.2 million core earnings and $8.6 million drop income), or $0.27 per diluted common share ($0.22 core earnings and $0.05 drop income).
- Interest rate spread, net of hedge, counting drop income, of 1.34%.
- Operating expenses of 1.27% of average stockholders’ equity.
- Weighted-average amortized cost of Agency RMBS and U.S. Treasuries (collectively, “Debt Securities”) of $103.98.
- Leverage ratio of 7.06 to 1 at June 30, 2015.
CYS Investments, Inc., a specialty finance company, invests in residential mortgage pass-through securities in the United States. It also focuses on investing in residential mortgage-backed securities that are issued and the principal and interest of which are guaranteed by a federally chartered corporation (Agency RMBS); debt securities issued by the United States Department of Treasury or a government sponsored entity; and collateralized mortgage obligations issued by a government agency or government-sponsored entity that are collateralized by Agency RMBS.
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