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First Federal of Northern Michigan Bancorp, Inc. reported consolidated net earnings from continuing operations of $319,000, or $0.11 per basic and diluted share, for the quarter ended June 30, 2010 compared to consolidated net earnings from continuing operations of $42,000, or $0.01 per basic and diluted share, for the quarter ended June 30, 2009. Â MANILA, Philippines - Conglomerate SM Investments Corp. said its net income in the first half rose by 15% from a year ago to P8.5 billion, driven by higher earnings of its core businesses. Apollo Investment Corp. said it posted a loss for the second quarter due to a hefty losses from foreign currencies and depreciation because of weaker capital markets. PALM DESERT, Calif.----Second quarter net profits at Desert Commercial Bank totaled $159,000, helping the community bank post first-half earnings for this year in excess of $233,000. ST. JOHN'S, NEWFOUNDLAND AND LABRADOR-- - Fortis Inc. achieved second quarter net earnings attributable to common equity shareholders of $55 million, or $0.32 per common share, up $2 million from $53 million, or $0.31 per common share, for the second quarter of 2009.

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