ING Group profit climbs 10% in first quarter
Insurance units boost performance
- By: IE Staff
- May 22, 2001 May 22, 2001
- 09:50
Insurance units boost performance
Johnson is granddaughter to firm's founder
Overall gain of 5%
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For corporate, small-business borrowers
SIA makes appeal to U.S. Congress
Company has demonstrated ability to grow
Suspensions effective immediately
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Morgan Stanley chief economist Stephen Roach
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European managers surveyed
Guardian acquisition has little impact
First quarter income up 38%
Earnings per share jump 17%
Insurance subsidiaries remain unaffected
Second quarter net income falls 91%
Market may be ahead of fundamentals
Product addresses short-term needs
“The nation’s largest corporations posted one of their worst profit performances in at least 10 years in the first quarter, suggesting companies may cut spending…
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Outlook is stable
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