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Unity Bancorp Q4 EPS Misses Estimates
(RTTNews) - Unity Bancorp, Inc. (UNTY), parent company of Unity Bank, reported Friday a fourth-quarter net income of $10.0 million or $0.93 per share, compared to $9.7 million or $0.93 per share in the prior-year quarter.
On average, three analysts polled by Thomson Reuters expected the company to report earnings of $1.01 per share for the quarter. Analysts' estimates typically exclude special items.
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Continued Consolidation Called For Indonesia Stock Market
The Indonesia stock market has finished lower in back-to-back sessions, slipping more than 25 points or 0.3 percent in that span. The Jakarta Composite Index now sits just above the 7,490-point plateau and it may take further damage on Friday.
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Australian Market Notably Lower
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The China stock market has tracked higher in four straight sessions, gathering almost 80 points or 2.4 percent along the way. The Shanghai Composite Index now sits just beneath the 3,640-point plateau although it may run out of steam on Friday.
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Japan Overall Bank Lending Climbs 3.2% On Year
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Japan posted a current account surplus of 1.348 trillion yen in June, the Ministry of Finance said on Friday - down 23.6 percent from a year earlier.
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