JPMorgan Downgrades TAL International (TAL) to Neutral
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TAL International Group, Inc. Reports First Quarter 2015 Results
April 29, 2015 5:04 PM EDTPURCHASE, N.Y.--(BUSINESS WIRE)-- TAL International Group, Inc. (NYSE: TAL), one of the worlds largest lessors of intermodal freight containers and chassis, today reported results for the first quarter ended March 31, 2015.
Highlights:
TAL reported Adjusted pre-tax income of $1.23 per fully diluted common share for the first quarter of 2015, a decrease of 12.8% from the first quarter of 2014. TAL reported leasing revenues of $149.0 million for the first quarter of 2015, an increase of 2.9% from the first quarter of 2014. TAL continues to achieve... More