Goodwill impairment charge reflects decline in U.S. housing market
Insurer announces major contribution to foundation
Swiss bank warns of first-quarter loss
Wall Street firm plans US$5 billion public stock offering
Wachovia acquisition is exceeding expectations
Q4 2008 Profit survey
Plunging equity markets bite into AUM, fees
Management fees down 30%
A $231 million writedown on investments led DundeeWealth Inc. to record a loss for 2008, the company said Wednesday.The company said it lost $186.7 million, or $1.31 per share, in 2008 compared with a loss of $59 million, or 42¢ share, in 2007.Revenue for the year totalled $819.4 million, down from $1 billion the previous […]
Consolidation likely if profits fail to improve