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ANN ARBOR, Mich – May 04, 2011 Con-way Inc. (NYSE:CNW) today reported net income for the first quarter of 2011 of $6.9 million, or 12 cents per diluted share. The results compare to a first quarter 2010 net loss of $4.0 million, or 8 cents per share. On a non-GAAP basis, net income in the 2011 first quarter was $13.2 million, or 24 cents per diluted share compared to a loss of $0.8 million, or 2 Continue reading: Con-way Inc. Reports 2011 First-Quarter Results ANN ARBOR, MI — United Bank & Trust is pleased to announce two new appointments to its Lenawee community board of directors: James D. Kapnick, president of Kapnick Insurance Group, and David Martin, owner of Martin’s Home Center. Joe Williams, Lenawee community president, states: “We are excited to have these exceptionally talented individuals join our community board of directors. We are honored to have Continue reading: UBT Announces Two New Appointments to Lenawee Board Borders Group Inc. filed for Chapter 11 protection in New York on Wednesday, a month after the operator of the Borders and Waldenbooks chains said it may have to restructure in bankruptcy court. Borders Group Inc. is in the final stages of preparing a bankruptcy filing. Kelsey Hubbard talks with the WSJ’s Mike Spector about the book retailer’s long decline and how they fell behind in the e-reader race and digital space. Document: Borders’s bankruptcy Continue reading: WSJ: Borders Files for Bankruptcy By MIKE SPECTOR And JEFFREY A. TRACHTENBERG Borders Group Inc. is in the final stages of preparing a bankruptcy filing after failing to persuade publishers and others to go along with a plan to refinance the troubled bookstore chain’s debt. The Ann Arbor, Mich., bookseller could file for Chapter 11 bankruptcy protection as soon as Monday or Tuesday, said people familiar with the matter, paving the way for the closure of about 200 stores and thousands of Continue reading: WSJ: Borders Preparing for Bankruptcy Filing UBT posted results for fourth quarter and year-end 2010. To view the entire UBT press release click on this link, United Bancorp, Inc. Announces Unaudited Fourth Quarter And Full Year 2010 Results. |
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