Tuesday, July 31, 2007

UPDATE 1-American Financial Q2 profit falls on charges

(Reuters) - However, the company's core earnings for the quarter rose
22 percent, helped by improved underwriting profit within the
specialty property and casualty operations and higher
investment income.




The Cincinnati-based company posted second-quarter earnings
of $67.0 million, or 54 cents a share, compared with earnings
of $122.9 million, or $1.02 a share in the year-ago quarter.


Read more at Reuters.com Market News

No comments: