Provisions for credit losses reflect weakness in the U.S. residential real estate market
Financial sector profits slip 1.7%
Market conditions trim capital markets revenue
Capital markets revenue takes a hit in Q1
Severe spring storms boost total claims losses
Bank to split investment bank unit from wealth management
Net income up 42.8%
Lower activity in capital markets, private client services
Second quarter revenue drops 30%
Kingsway Financial Services Inc. returned to profitability during the second quarter, marking a significant improvement over the net loss of US$34.4 million reported in the first quarter of 2008.The Mississauga, Ont.-based car and truck insurance company reported net income of US$6.3 million, or 11¢ a diluted per share for the quarter ended June 30. That […]