Manulife posts record profit with 8% gain in 2nd quarter

Article Abstract:

Manufacturers Life Insurance Co of Toronto, Ontario, reported record earnings in the 2nd quarter of 1999, with an 8%-increase from year-ago results. The positive outcome resulted from favorable claims experiences, improvements in its main business, higher fee revenue and healthy stock returns. However, the insurer, which is anticipating a global initial public offering, saw a drop in its return on surplus from 14.2% to 13.2% in the 2nd quarter of 1999.

Direct Life Insurance Carriers, Life Insurance, Manufacturers Life Insurance Company (Philippines) Inc.

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Corel vows profit in 2003

Article Abstract:

Corel Corp.'s chief executive, Derek Burney, promised that the company would post profits in 2003. Corel posted almost US$100 million in losses for the 2002 year.

Forecasts, trends, outlooks, Computer software industry, Software industry, Finance, Forecasts and trends, Beliefs, opinions and attitudes, Market trend/market analysis, Company sales and earnings, Company earnings/profit, Corel Corp., CORL, Burney, Derek

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