Holding company announces stock split
Q4 profit jumps 30%
Overall credit position unchanged
Financial services holding company ower Financial Corp. is reporting higher profit for the third quarter ended September 30.The company says higher earnings from its Great-West Lifeco Inc.unit and a huge gain on dilution following Great-West’s acquisition of insurer Canada Life helped to boost its profit.Power Financial says profit for the quarter was $1.1 billion, or […]
Increases dividend
Firm now holds more than 2 million shares
But revenues slip
Holding company raises dividend
Revenues dip during quarter