Annual earnings up 6.6%
Q3 earnings drop 37.7%
Credit default swaps boost revenue
Profit growth cools in fourth quarter
Net fund sales soar 240% during the quarter
In tough times, looking back at long-term averages is the best option for determining earnings trends
Insurer boosts dividend, announces share buyback
Co-operators General Insurance Co. today announced a big jump in its fourth quarter earnings. consolidated financial results for the three months and year ended December 31, 2007. Co-operators General reported consolidated net income of $60.8 million for the quarter ended Dec. 31, 2007, compared to $18.5 million for the same quarter in 2006. The improvement […]
The Swiss banking giant Credit Suisse today announced a writedown due to a revaluation of some of its structured credit trading positions.The firm reported that it has undertaken an internal review that has resulted in the repricing of certain asset-backed positions in its structured credit trading business within investment banking.“The current total fair value reductions […]
Major ratings agencies confirm BMO's rating