Al Watany Bank of Egypt (AWB), the subsidiary of National Bank of Kuwait Group (NBK) in Egypt, reported net profits of EGP 173.2 million in the first half of 2013 compared to EGP 161.4 million in the same period last year, an increase of 7.3%.
SquareTwo Financial reported consolidated financial results for the quarter ended June 30, 2013. Cash proceeds on purchased debt were $147 million, a 9.1% decrease from the $161.7 million in the second quarter of 2012.
Renren Inc. announced its unaudited financial results for the second quarter ended June 30, 2013. Total net revenues for the second quarter of 2013 were $49.6 million, a 10.7% increase from the corresponding period in 2012.
Pinnacle Foods reported strong growth in net earnings and diluted EPS for the second quarter ended June 30, 2013 and raised its annual guidance for fiscal 2013 to reflect its recently-announced acquisition of Wish-Bone.
MFC Industrial announced its results for the six- and three-month periods ended June 30, 2013. Total revenues for the six months ended June 30, 2013 increased 48% to $376.2 million, compared to $253.8 million in 2012.
Flowers Foods reported results for its 12-week second quarter ended July 13, 2013. Sales increased 31.8% to $898.2 million. Diluted EPS, excluding acquisition-related costs, was $0.24, up 71.4% from last year's second quarter.