Friday, July 28, 2006

 

St. Paul Travelers Profits Down 9% in Q2

St. Paul Travelers Cos. Inc. reported Thursday that its second quarter profits decreased 9 percent to $970 million, or $1.36 per diluted share, from $1.069 billion, or $1.59 per diluted share, in the second quarter of 2005. Last year's figure included a $138 million gain in the sale of part of St. Paul Traveler's stake in Nuveen Investments Inc.

The earnings surpassed analysts' expectations by 10 cents a share, according to an average of analysts surveyed by Thomson Financial.

St. Paul Travelers Profits Down 9% in Q2
Source: Biz Journals

This page is powered by Blogger. Isn't yours?