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Race for House seat and Hays County posts offer clear choices
Race for House seat and Hays County posts offer clear choices
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Loews Posts Third Straight Profit on Insurance, Gas (Update4)
Feb. 8 (Bloomberg) — Loews Corp. , the holding company run by New York’s Tisch family, posted its third straight quarterly profit on improved results from insurance and gas exploration.
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GMAC posts US$5b 4Q loss
NEW YORK: GMAC Financial Services, a lender that is majority-owned by the US government after multiple bailouts, said it lost US$5 billion (RM17.1 billion) in the fourth quarter (4Q) after writing down bad mortgage assets.
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Cigna posts 4Q profit as run-off losses end
Managed care company Cigna said Thursday it posted a fourth-quarter profit, as interest rates and improved equity markets once again erased the earnings drag from a couple of discontinued businesses.
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Euro Posts Biggest Monthly Decline in Year on Greece’s Turmoil
Jan. 30 (Bloomberg) — The euro recorded its biggest monthly drop in a year against the yen and fell versus the dollar as concern Greece won’t be able to meet its debt obligations spurred a retreat from riskier assets.
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MGIC Posts 10th Straight Loss on Record Foreclosures (Update2)
Jan. 26 (Bloomberg) — MGIC Investment Corp. , the largest U.S. mortgage insurer, reported a 10th straight unprofitable quarter, posting a $280.1 million loss on falling premium revenue and record home foreclosures.
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(AFX UK Focus) 2010-01-26 17:41 UPDATE 3-MGIC Investment posts tenth straight quarterly loss
BANGALORE, Jan 26 (Reuters) – MGIC Investment Corp , the largest U.S. mortgage insurer, posted its tenth straight quarterly loss as a rising number of homeowners failed to pay their mortgages. The company expects moderate delinquencies and inventory reduction by the end of [...]
McGraw-Hill posts jump in 4Q earnings
The McGraw-Hill Co. posted a jump in fourth-quarter profit Tuesday, boosted by cost cutting and higher revenue at its Standard & Poor’s and education businesses.
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