Pension funds see profits slightly up to Kc1.971bn in Q1-3
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PRAGUE- Pension funds in the Czech Republic reached Kc1.971bn worth profits in January-September, up Kc38m year-on-year and Kc720m higher than in January-June, the Association of Pension Funds (APF) said.
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The countryâs economic managers on Friday announced a âtremendously improvedâ economic outlook for the country this year owing to improved revenue collection that could trim the P197-billion
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The economy grew at a 3.7 percent annual rate in the third quarter _ a pace slightly better than in the spring but not as strong as many analysts expected.
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FOR the past two years, Asian stock markets have been high on the favoured list for Britainâs pension and life assurance funds. Asia, particularly China, has offered the double attraction of strong current
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General Electric Co.&#39;s (GE) third-quarter earnings inched up 1 percent as strength across many of its financial and industrial businesses outweighed hurricane-related insurance losses, the company said on Friday.
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Technology industry bellwether IBM has reported a healthy rise in net income in the third quarter, but its overall results were hampered by a $320m legal settlement related to its employee pension plan.
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General Electric today reported third-quarter earnings of $4.051 billion, an increase of 1 percent from the same quarter last year.
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Directors of the UK's top firms have now amassed pensions worth Â£891m, according to a survey by the TUC.
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French banking power BNP Paribas said Thursday it had weathered the impact of a global credit squeeze in the third quarter, when its net earning soared 21 percent from the same period last year.
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Credit Suisse Group (CSGN.VX: Quote, Profile, Research) posted forecast-beating third-quarter earnings on Thursday, as solid insurance income and one-off tax gains
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With a disappointing third quarter behind them, mutual funds are hoping for a better performance in the last three months of the year. Technology and growth funds, which suffered the most during the summer, are in a good position for a comeback &#151; if the economy shows signs of strength.
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NEW YORK - Stocks moved modestly higher Monday as investors discounted another technology profit warning and focused instead on positive outlooks for third- and fourth-quarter earnings.    While some investors were concerned that rising energy prices and the summer's economic slowdown would undermine third-quarter results for many companies, a new report by J.P...
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Investment management company Affiliated Managers Group Inc. said Wednesday that third-quarter profit rose 3 percent as expenses and challenges with high-cap funds offset sharp revenue growth.
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The money transfer company said fourth-quarter earnings rose to $243.3 million on transaction fee growth and improved foreign exchange revenue.
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Standard Chartered has bank, reported on Tuesday that net profits soared by almost one fifth last year, helped by strong economic growth in its key Asian markets.
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The FTSE on Wednesday held on to its gains from the previous session helped by some strong moves in the life assurance sector.
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Third-quarter profit rose 11 percent to $640 million, helped by growth in fees from asset management and providing back-office services to institutional clients.