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McCormick & Company reports improved profit from a year ago (NYSE:MKC)

Peach_iStock McCormick & Company (NYSE:MKC) reported sales fell 1.2% year-over-year to $1.64 billion in Q2, with minimal impact from currency. The decline includes the impact of the company’s strategic decision to divest a small canning business and reflects a 1% volume decline attributable to lower customer demand and the timingContinue Reading

Bank of Marin sells $293M in AFS securities in effort to improve future profit (BMRC)

ilbusca Bank of Marin, part of Bank of Marin Bancorp (NASDAQ:BMRC), offloaded $293M in available-for-sale (AFS) securities as part of a strategy to reposition its balance sheet to drive earnings growth and increase return on equity, it said on Wednesday. “We have already redeployed some of the proceeds and expectContinue Reading