United Capital Corp Press Releases & News Articles
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United Capital Corp. • Anthony J. Miceli •516-466-6464 • Chief Financial Officer
United Capital Corp. (NYSE Amex: AFP) today reported results for the three and six months ended June 30, 2010. Net income increased 186% in the three months ended June 30, 2010 versus the same period last year. For the current quarter, net income was $3.5 million or $.39 per basic share versus $1.2 million or $.14 per basic share for the same period in 2009. [full story]
United Capital Corp. (NYSE Amex: AFP) today reported results for the first quarter of 2010 which include a 179% increase in net income to $3.1 million or $.34 per basic share, compared to net income of $1.1 million or $.13 per basic share for the comparable quarter of 2009. [full story]
United Capital Corp. (NYSE Amex: AFP) today reported results for the fourth quarter and year ended December 31, 2009. Total revenues for the fourth quarter of 2009 increased 9.3% to $17.9 million, compared to $16.4 million for the corresponding quarter of 2008. [full story]
United Capital Corp. (NYSE Amex: AFP) announces the acquisition of a 116,000 square foot industrial building located at 27 Englehard Drive, Cranbury, New Jersey. The property is net leased to TW Metals, Inc., a subsidiary of O’Neil Steel, Inc., and conveniently located just off Exit 8A of the New Jersey Turnpike. [full story]
United Capital Corp. (NYSE Amex: AFP) today reported results for the third quarter and nine months ended September 30, 2009. Total revenues were $14.7 million for the quarter ended September 30, 2009, generating operating income of $1.7 million.[full story]
New York based United Capital Corp. announced that industry veteran Anthony Ferrara has been named General Manager for their recently purchased Doubletree Miami Mart Airport Hotel and Exhibition Center. [full story]
New York based United Capital Corp. has announced that the Doubletree Miami Mart Airport Hotel and Exhibition Center has already started a major renovation program, following the property’s acquisition by the firm over the summer. [full story]
United Capital Corp. (NYSE Amex: AFP) today reported results for the second quarter and six months ended June 30, 2009 (see Table attached).Total revenues for the three months ended June 30, 2009 were $13.7 million, down $5.3 million from the comparable quarter of 2008, reflecting the impact the weakened economy has had on United Capital’s engineered products and hotel operations segments. [full story]
United Capital Corp. (NYSE Amex: AFP) today announced the purchase of a mortgage note encumbering the DoubleTree Miami Mart Hotel and Convention Center in Miami, Florida. [full story]
United Capital Corp. (NYSE AMEX:AFP) today announced the purchase of a $13.4 million mortgage note encumbering the property which houses the Bentley Lamborghini Dealership of Long Island from Bank of America. [full story]
United Capital Corp. (NYSE AMEX:AFP) today reported results for the quarter ended March 31, 2009. Total revenues for the current quarter were $13.8 million, a decline of $4.9 million, compared to $18.7 million in the first quarter of 2008. [full story]
United Capital Corp. (NYSE Alternext: AFP) today reported results for the fourth quarter and year ended December 31, 2008. Total revenues for the year ended December 31, 2008 were $72.9 million, generating operating income of $9.6 million. [full story]
United Capital Corp. (AMEX: AFP) today reported results for the three and nine months ended September 30, 2008. Total revenues were $18.5 million for the quarter ended September 30, 2008, generating operating income of $2.6 million. [full story]
United Capital Corp. (AMEX:AFP) today reported results for the three and six months ended June 30, 2008. Total revenues increased 9% for the quarter ended June 30, 2008 to $19.2 million from $17.6 million for the corresponding quarter of 2007. [full story]
Great Neck, New York, July 24, 2008 — United Capital Corp. (AMEX: AFP announced that the special committee of its Board of Directors formed for the purpose of evaluating an acquisition proposal recently received from A.F. Petrocelli, Chairman, President and CEO, of the Company, proposing to acquire the Company’s outstanding common stock, has received notice from Mr. Petrocelli that the offer has been withdrawn due to market conditions . . . [full story]
Great Neck, New York, July 11, 2008 — United Capital Corp. (AMEX: AFP) announced that its Board of Directors has today received a letter from A.F. Petrocelli, Chairman, President and CEO, proposing to acquire all of the Company’s outstanding common stock at a cash purchase price of $23.00 per share, representing a 17.7% premium over the average closing price . . . [full story]
United Capital Corp. (AMEX:AFP) today reported results for the quarter ended March 31, 2008. Total revenues for the current quarter increased 11% to $18.7 million, compared to $16.8 million in the first quarter of 2007. [full story]
United Capital Corp. (AMEX:AFP) today reported results for the fourth quarter and year ended December 31, 2007. Total revenues for the fourth quarter increased 16% to $18.3 million, compared to $15.8 million in the comparable quarter of 2006. [full story]
United Capital Corp. (AMEX:AFP) today reported results for the three and nine months ended September 30, 2007. Total revenues increased 17% for the quarter ended September 30, 2007 to $19.2 million from $16.4 million . . . [full story]
GREAT NECK, New York, August 13, 2007… United Capital Corp. (AMEX:AFP) today reported results for the second quarter and six months ended June 30, 2007. Income from continuing operations for the three and six months ended . . . [full story]
GREAT NECK, New York, May 17, 2007… United Capital Corp. (AMEX: AFP) announced today that it has acquired the 162-room Radisson Hotel-Utica Centre in Utica, New York. The hotel will be managed by AFP Management Corp., . . . [full story]
GREAT NECK, New York, May 14, 2007… United Capital Corp. (AMEX:AFP) today reported a 263% increase in net income for the first quarter of 2007 resulting in net income of $7.6 million or $.92 per basic share, compared to . . . [full story]
GREAT NECK, New York, February 20, 2007… United Capital Corp. (AMEX:AFP) today reported results for the fourth quarter and year ended December 31, 2006. Net income increased 68% to $4.6 million or $.56 per basic share . . . [full story]
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