• Most Popular
  • Most Shared

CORRECTED-Astoria Financial 2006 4th-qtr profit fell

Fri Jan 18, 2008 4:04pm EST

Stocks

   

(Corrects earnings period to fourth quarter, from third quarter, in first paragraph of story that ran in January 2007)

Stocks  |  Global Markets

NEW YORK, Jan 25 (Reuters) - Astoria Financial Corp (AF.N), a large New York savings and loan, on Thursday said fourth quarter profit fell, hurt by interest margins.

Net income for the Lake Success, New York-based thrift declined to $37.1 million, or 39 cents per share, from $57.7 million, or 57 cents a share, a year earlier.



More from Reuters

Afghan insurgents kill CIA agents, Canadians

KABUL (Reuters) - Insurgents intensified their campaign against military targets and U.S.-led forces in Afghanistan, killing eight U.S. CIA agents at a base and four Canadian servicemen on patrol and a journalist accompanying them.

Floor traders work at the Hong Kong Stocks Exchange, January 16, 2008.   REUTERS/Bobby Yip

My way or the highway?

Hong Kong is poised to accept Beijing's accounting standards. That's good. The system, though, is prone to scandal. That's bad.  Full Article 

People walk past a branch of Bank of America in New York's financial district April 28, 2009. REUTERS/Brendan McDermid

Move your money

Boycotting "too big to fail" banks is a great idea -- so long as investors remember that banks aren't the only ones responsible for the crisis.  Full Article