TAL earnings rise in 3Q
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- November
- 6
TAL International Group Inc., a Purchase-based lessor of intermodal freight containers, reported net income of $14.5 million, or 44 cents a share, during the third quarter, up from net income of $3.5 million, or 11 cents a share, a year earlier.
Leasing revenues for the third quarter were $80.4 million, up from $71.8 million a year earlier.
Brian M. Sondey, president and chief executive officer, said that TAL benefited from strong leasing revenues as customers picked up freight containers they had committed to lease in the first and second quarters.
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on Thursday, November 6th, 2008 at 12:57 pm by Jay Loomis.
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Category: Earnings season
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