Source: The Canadian PressPower Financial Corp. (TSX:PWF) said its net profits plummeted nearly 29 per cent to $323 million in the third quarter due to a litigation charge by its insurance subsidiary.The main operating arm of Montreal-based Power Corp. (TSX:POW) said it earned 42 cents per share for the three months ending Sept. 30, compared […]
Funds benefit from significant exposure to gold and silver
Increases in loans and credit card activities
Fortis Wealth acquisition expands banks presence in Asia
Source: The Canadian PressInsurance provider Great-West Lifeco Inc. (TSX: GWO) reported third-quarter net earnings of $275 million on Wednesday, down from a year-ago $445 million as it booked a big cash provision to cover the costs of a recent legal ruling against the company.Stripping out the effect of the one-time $204-million litigation provision related to […]
Source: The Canadian PressWestern Financial Group (TSX:WES) reported Wednesday a third-quarter profit of $5.1 million, up from a year-earlier $4.1 million, as revenue for the three months ended Sept. 30 jumped to $60.3 million from $40 million.The insurance and financial services firm based in High River, Alta. said its earnings amounted to six cents per […]
Q3 profit rises 14% to $75.5 million
Annual dividend hiked 114%
Market rebound sends Q3 revenue soaring
Residential permits up for a second straight month