Quarterly profit dropped at Power Financial Corp. as its subsidiaries suffered from stock losses and credit charges, the Montreal-based financial services holding company said Tuesday.Power Financial, a unit of Power Corp of Canada said it had net earnings, including special items, of $195 million, or 24¢ a share, for the three months ended March 31. […]
Positive momentum extending to Q2
Insurer to exit the Canadian cross-border trucking business
Base management fees down 28%
Promising signs at quarter-end as March fund sales rise
Although market conditions took their toll, the insurer is still comfortably in the black
Insurance sales down 11% from a year ago
Mortgage financings up 77.5% from a year ago
Insurer remains well capitalized
Despite a year-over-year reduction in net income, the firm is still posting solid numbers