Principal Financial reports 4Q profit (AP)

 

AP - Principal Financial Group Inc., an insurance, retirement and financial services company, reported a profit Monday, saying cost-cutting reduced its expenses and it lost half what it did a year earlier on its investments.

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  • Des Moines-based Principal Financial Group Inc. says it is cutting 300 jobs at its headquarters and around 250 in 45 other locations.

  • DES MOINES, Iowa (AP) -- Des Moines-based Principal Financial Group Inc. says it is cutting 300 jobs at its headquarters and around 250 in 45 other locations....

  • Principal Financial Group Inc. (PFG) Q4 2009 Earnings Call February 09, 2010 10:00 am ETComplete Story »

  • Swiss insurance group Zurich Financial Services said Thursday its net profit had declined by 24 percent in the first nine months of the year despite a sharp revival in its third quarter fortunes.Nine month net profit reached 2.2 billion dollars (1.5 billion euros), after third quarter net income soared to 909 million dollars, a near six-fold increase year-on-year, the company said in a statement.Zurich described its results as "solid" after the fourth consecutive quarterly improvement since its profits slumped a year ago with the collapse in financial markets.

  • Swiss insurance group Zurich Financial Services said Thursday its net profit had declined by 24 percent in the first nine months of the year despite a sharp revival in its third quarter fortunes.Nine month net profit reached 2.2 billion dollars (1.5 billion euros), after third quarter net income soared to 909 million dollars, a near six-fold increase year-on-year, the company said in a statement.Zurich described its results as "solid" after the fourth consecutive quarterly improvement since its profits slumped a year ago with the collapse in financial markets.

  • AP - Swiss insurer Zurich Financial Services Group reported a 76 percent jump in first-quarter net profit Thursday despite paying out more for natural disasters during the period.

  • Zacks.com submits: Principal Financial Group Inc. (PFG) reported first quarter earnings of $255.6 million or 79 cents per share, beating the Zacks Consensus Estimate of 68 cents. The company had earned $164.0 million or 63 cents in the year-ago quarter.

  • Industrial Alliance Insurance and Financial Services reported a quarterly profit on Friday, reversing the loss of a year earlier, as stock market gains propelled investment income.

  • Fairfax Financial Holdings Ltd. reported a solid profit Thursday as its underwriting operations turned to profit and investments gained strongly, but the insurance holding company warned future quarters may be bumpy.

 
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