Axa's full-year net profit rises 11% on asset sale gain, overall growth

Article Abstract:

Full-year 2007 net profit for French insurance firm AXA Group increased 11% to $8.57 bil, exceeding analysts' expectations. Costs resulting from its acquisition of Winterthur were counterbalanced by gains on a sale of assets and strong underlying earnings.

AXA Group

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BNP Paribas offers upbeat outlook

Article Abstract:

Despite a 42% drop in fourth-quarter earnings to 1 billion euro in 2007, BNP Paribas S.A. remains confident about expected financial results in 2008. Article discusses recent financial losses in the investment and commercial banking sector.

Commercial Banks, Commercial Banking, Investment Banking and Securities Dealing, Forecasts, trends, outlooks, Investment Banking, Sales & consumption, Security brokers and dealers, Reports, Investment banks, BNP Paribas S.A., Industry sales and revenue, Company business forecast/projection, Company forecasts, Industry forecasts

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Scor's net profit doubles: deal, underwriting fuel strong results, but shares slip 1.9%

Article Abstract:

Second-quarter net profit for French reinsurance firm Scor S.A. rose to $142.9 mil; however, shares fell 1.9% due to a weaker combined ratio, according to traders and analysts.

Scor S.A.

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