Revenues stay flat, while firm trims expenses
Canada Life acquisition contributes to growth
Plans $5 a share dividend
Strong dollars trims revenues
Rising equity markets contribute to gain
Firm called "best franchise" in Canadian financial services industry
Insurer raises provision for unpaid claims
Retail commissions climb as equity markets improve
CI Fund Management Inc. is reporting higher profit for the first quarter ended August 31. The fund manager said revenues got a boost from last-year’s purchase of two mutual fund units from Sun Life Financial.CI said net income for the quarter was $43.5 million, or 19¢ a share, up from $17.5 million, or 9¢ a […]
Terminates discussions with potential U.S. acquisition