ATLANTA – Electronic billing provider CheckFree Corp. reported yesterday that net income for its fiscal second quarter rose by 4% to $35.3 million, or 39 cents a share, fueled by a strong 11% growth in second quarter revenues. Revenues for the quarter were $237.2 million, compared to $213.8 million for the same quarter last year. For the first six months of its fiscal year CheckFree reported 9% growth in revenues, to $465.8 million, and an 11% increase in net income to $66.5 million, or 75 cents a share, compared to the first half last year.
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Industry lawyers and experts say the latest wrinkle in a long-running LPL-Ameriprise recruiting dispute shows why advisors should strongly consider retaining their own legal counsel when changing firms.
10h ago -
First Financial Bancorp in Cincinnati named Chief Financial Officer Jamie Anderson as president. The move positions Anderson as heir apparent to CEO Archie Brown, according to one analyst.
10h ago -
A federal judge said recent preemption rules from the National Credit Union Administration would bar Illinois from enforcing its interchange fee restrictions against federal credit unions.
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Nearly half of respondents reported plans to claim benefits early, with many citing fears about the health of the Social Security program.
September 22 -
The former top executive at Nodus International Bank in Puerto Rico was sentenced to more than nine years in federal prison after he pleaded guilty to Venezuela sanctions evasion and wire-fraud conspiracy.
September 22 -
The latest Fidelity Investments M&A report displayed a trend that dealmakers had already been noticing: RIA buyers are getting more selective. But experts say sellers can still stand out with the right attributes, and they must find the right fit in the process.
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