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Sun Life says it's set to profit from growing demand for pension risk transfer
2015-03-05 22:30:49| Telecom - Topix.net
Sun Life Financial hopes its deal to take on $5 billion of pension risk from BCE Inc. will bring it more business from pension plan sponsors looking to offset the possibility that retirees live longer than expected. The insurance company struck a deal this week to take on the longevity risk, the possibility that pensioners will live longer, from the Bell Canada Pension Plan.
Sun Life says it's set to profit from growing demand for pension risk transfer
2015-03-05 19:45:51| Wireless - Topix.net
Sun Life Financial hopes its deal to take on $5 billion of pension risk from BCE Inc. will bring it more business from pension plan sponsors looking to offset the possibility that retirees live longer than expected. The insurance company struck a deal this week to take on the longevity risk, the possibility that pensioners will live longer, from the Bell Canada Pension Plan.
Canadian Natural Resources triples Q4 profit to $1.2 billion
2015-03-05 19:15:47| Energy - Topix.net
Canadian Natural Resources Ltd. almost tripled its profit in the fourth quarter and said it was raising its dividend as the oil and natural gas producer ramped up production in the face of falling oil prices. The Calgary company said net income in the three months ended Dec. 31 soared to just under $1.2 billion or $1.09 per diluted share from $413 million or 38 cents in the same 2013 quarter.
Tags: resources
natural
profit
canadian
George Weston reports lower Q4 profit of $161M; sales revenue up 48 per cent
2015-03-05 15:51:07| Grocery - Topix.net
George Weston Ltd. saw net profits decline in the fourth quarter as the maker of bakery products and parent company of Loblaw took a number of sizable charges against earnings. Sales in the quarter, which at 13 weeks was one week longer than the comparable 2013 period, rose more than 48 per cent to $11.73 billion from $7.9 billion, largely as the result of the Shoppers Drug Mart acquisition.
Canadian Natural Resources triples Q4 profit to $1.2 billion
2015-03-05 15:35:07| Oil & Gas - Topix.net
Canadian Natural Resources Ltd. almost tripled its profit in the fourth quarter and said it was raising its dividend as the oil and natural gas producer ramped up production in the face of falling oil prices. The Calgary company said net income in the three months ended Dec. 31 soared to just under $1.2 billion or $1.09 per diluted share from $413 million or 38 cents in the same 2013 quarter.
Tags: resources
natural
profit
canadian
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