Home Power Financial Corp.

Higher contribution from Great-West Lifeco; lower contribution from IGM Financial

Revenue up from year ago

Gregory Tretiak to replace Philip Ryan as CFO at Power Financial

  • By: IE Staff
  • April 5, 2012 April 5, 2012
  • 13:30

Re-evaluation of litigation provision by Great-West Lifeco helps

Lower contribution from Great-West Lifeco

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 […]

Dividend holds steady

Firm shuns dividend hike over financial regulation concerns

Despite decline in revenue, profit rises to $340 million

Revenues soar on the increaed value of investments