Navigation Links
Conseco Reports Fourth Quarter and Year-End Results
Date:3/31/2008

/p>

Net income (loss) applicable to common stock $ (71.5) $5.7

Per diluted share:

Net operating income before valuation

allowance for deferred tax assets $.11 $.10

Valuation allowance for deferred tax assets (.37) --

Net operating income (loss) (.26) .10

Net realized investment losses, net of

related amortization and taxes (.12) (.06)

Net income (loss) applicable to common stock $(.38) $.04

In our Bankers Life segment, pre-tax operating earnings were $58.3 million in the fourth quarter of 2007, compared to $67.5 million in the fourth quarter of 2006. Results for the fourth quarter of 2007 were adversely affected by an $11 million reduction in earnings from our equity-indexed products primarily due to hedging ineffiencies. This adverse variance was partially offset by higher income from our marketing and quota-share agreements with Coventry in the fourth quarter of 2007 compared to the same period of the prior year.

In our Colonial Penn segment, the pre-tax operating loss was $.2 million in the fourth quarter of 2007, compared to pre-tax earnings of $5.4 million in the fourth quarter of 2006. Results in this segment were negatively impacted by $8.4 million of expenses in the fourth quarter of 2007 related to the introduction of Medicare Advantage products through this distribution channel.

In our Conseco Insurance Group segment, pre-tax operating earnings were $7.7 million in the fourth quarter of 2007, compared to $27.9 million in the fourth quarter of 2006. Significant factors affecting the segment's earnings in these periods included:

-- During the fourth quarter of 2007, we recognized additional

amortization expense of $14.8 million to reflect changes in our

estimates of future mortality rates on our universal life busine
'/>"/>

SOURCE Conseco, Inc.
Copyright©2008 PR Newswire.
All rights reserved

Page: 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18

Related medicine news :

1. Conseco Files 10-K and Sets Earnings Release Date
2. Conseco Reports Preliminary Fourth Quarter and Year-End Results
3. Conseco Declines Partnerships Request for Board Seats; Review of Strategic Alternatives Underway
4. Conseco Files to Formally Extend Due Date for Annual Report on Form 10-K to March 17 and Reschedules Earnings Release and Investor Call
5. Hacker Joins Conseco as Senior Vice President and Treasurer
6. Tongson Joins Conseco as Senior Vice President, Corporate Actuarial
7. Conseco to Implement Systems and Operational Solution From Long Term Care Group
8. Conseco Reports Third Quarter Results
9. Conseco Sets Earnings Release Date
10. Conseco Completes Divestiture of Old Block of Fixed and Equity-Indexed Annuities
11. Barta joins Conseco as Senior Vice President, Financial Planning & Analysis; Barra named Senior Vice President, Internal Audit; Clarke to head Investor Relations
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:7/14/2014)... July 14, 2014 TherapySites, ... for mental health professionals, announced today its affiliation ... North Carolina (LPCANC). This new relationship allows ... solutions to LPCANC members, adding exclusive benefits and ... we have been dedicated to providing online marketing ...
(Date:7/14/2014)... EnergyFirst, manufacturer of all-natural ... Permalean for its great products, thriving customer base, ... markets its products as Jim’s Permalean Protein Powders and ... EnergyFirst’s lineup of nutritional products. The Permalean brand ... year. , Founded in 1999, Permalean’s products were designed ...
(Date:7/14/2014)... CT (PRWEB) July 14, 2014 Summer is ... vacations, camping, days at the beach, swimming and other outdoor ... everyone to be safe, happy and healthy all summer long. ... a list of the three must-have custom imprinted products everyone ... summer essential is of course sunblock. Sunscreen helps ...
(Date:7/14/2014)... 14, 2014 New research and analysis ... for the Earth examines toxic ingredients in tampons, ... nationwide, including specific chemicals that may be found in ... fragrances that may put women’s health at risk. ... Alexandra Scranton , the potential impact of toxic ...
(Date:7/14/2014)... Calgary, Alberta, Canada (PRWEB) July 14, 2014 ... the “Trusted Authority in Turning Information into Money,” ... Spotfire® Partner Network, a global program that helps ... or embed the TIBCO Spotfire® analytics platform. TIBCO ... and business intelligence software, including TIBCO Spotfire analytics, ...
Breaking Medicine News(10 mins):Health News:TherapySites Partners With the Licensed Professional Counselors Association of North Carolina to Make Online Marketing Available to All Therapists 2Health News:EnergyFirst Acquires Permalean - Manufacturer of All Natural Protein Bars and Powders 2Health News:EnergyFirst Acquires Permalean - Manufacturer of All Natural Protein Bars and Powders 3Health News:Why These Three Summer Essentials from 4AllPromos Can Improve Summer 2Health News:New Patent Analysis Shows Toxic Risk From Tampons 2Health News:New Patent Analysis Shows Toxic Risk From Tampons 3Health News:New Patent Analysis Shows Toxic Risk From Tampons 4Health News:New Patent Analysis Shows Toxic Risk From Tampons 5Health News:Cadeon Associates Inc. Joins TIBCO Spotfire Partner Network 2Health News:Cadeon Associates Inc. Joins TIBCO Spotfire Partner Network 3
... Noting that health care is one of,the ... have been transformed by,modern, efficient information technology, a ... a health care information technology bill,that has broad ... Commerce Subcommittee on Health,Marc Reed, Verizon executive vice ...
... Forward Campaign rolled out in phases to purchase new 60,000 sq. ft ... ... is facing a,startling threat: Hunger! In the effort to continue its vital mission ... launched a $5 million Growing Forward Campaign to find a new,home. After completing ...
... CHAPEL HILL Non-white defendants are nearly twice as ... in North Carolina criminal cases stemming from inflicted traumatic ... reached by researchers from the Injury Prevention Research Center ... who tracked down what happened in every such case ...
... Co. of,Deerfield, Ill., has agreed to pay $35 ... it improperly switched patients to different versions of ... to,increase its reimbursement from Medicaid, the Justice Department ... pharmacies throughout the,U.S., switched the prescriptions for Medicaid ...
... 4 Edwards Lifesciences,Corporation (NYSE: EW ), ... advanced cardiovascular disease, is scheduled to participate in ... the Ritz-Carlton,Laguna Niguel Hotel in Dana Point, California ... Abate, Edwards Lifesciences, corporate vice president, chief,financial officer ...
... of Clinical Immunology Societies presentations highlight,important findings ... BOSTON, June 4 The Federation of ... awards to two,researchers recognizing significant findings related ... awards will be made following a research ...
Cached Medicine News:Health News:Verizon Executive Urges Congress to Pass Health Care IT Legislation 2Health News:Verizon Executive Urges Congress to Pass Health Care IT Legislation 3Health News:Verizon Executive Urges Congress to Pass Health Care IT Legislation 4Health News:Lowcountry Food Bank On the Way to $5 Million Goal with Over $2.5 Million Raised 2Health News:Lowcountry Food Bank On the Way to $5 Million Goal with Over $2.5 Million Raised 3Health News:Lowcountry Food Bank On the Way to $5 Million Goal with Over $2.5 Million Raised 4Health News:Non-whites receive harsher sentences for inflicted traumatic brain injury of children 2Health News:Non-whites receive harsher sentences for inflicted traumatic brain injury of children 3Health News:Walgreens to Pay $35 Million to U.S., 46 States & Puerto Rico to Settle Medicaid Prescription Drug Fraud Allegations 2Health News:Edwards Lifesciences to Present at the Goldman Sachs 29th Annual Global Healthcare Conference 2Health News:New Diabetes Research To Be Presented at FOCIS Annual Meeting 2Health News:New Diabetes Research To Be Presented at FOCIS Annual Meeting 3
(Date:7/13/2014)...  Eli Lilly and Company (NYSE: ... study in genetically engineered mice examining combination therapy ... N3pG and beta-secretase inhibitor BACE (LY2811376). Data results ... removing clumps of amyloid-beta protein in the brain ... to Alzheimer,s disease (AD) – than use of ...
(Date:7/11/2014)... 11, 2014  Rock Creek Pharmaceuticals, Inc. (NASDAQ: ... that the Food and Drug Administration ("FDA"), has notified ... RCP,s Investigational New Drug ("IND") application before granting the ... US. Dr. Chris Chapman , RCP,s ... on our IND. When we receive the agency,s official ...
(Date:7/11/2014)... July 11, 2014  Kindred Hospital Houston Northwest, ... the opening of its new outpatient wound healing ... to people with chronic, hard to heal wounds. ... lead to amputation, lower leg wounds related to ... closure, and traumatic injury wounds which are complex ...
Breaking Medicine Technology:New Data Shows Combination Therapy is More Effective than Monotherapy in Removing Beta-Amyloid Plaques from the Brains of Mice 2New Data Shows Combination Therapy is More Effective than Monotherapy in Removing Beta-Amyloid Plaques from the Brains of Mice 3Rock Creek Pharmaceuticals Issues Update On US Investigational New Drug Application 2Kindred Hospital Houston Northwest, With Wound Care Specialists, Opens Outpatient Wound Healing And Hyperbaric Center 2
... Saturated Swabsticks are packaged ... foil-laminated pouches. Each 4 ... with precisely the correct ... package is terminally sterilized, ...
... alcohol and 10% povidone iodine formulated ... a barrier on the skin. The ... the povidone iodine, giving persistent protection ... catheter related infections for up to ...
... Aplicare's Saturated Swabsticks ... open, single-use foil-laminated pouches. ... is saturated with precisely ... solution. Each package is ...
... Aplicare's saturated swabsticks are packaged in easy ... inch swabstick is saturated with precisely the ... Gel Swabstick is saturated with a multi-purpose ... gel is also approved for venipuncture site ...
Medicine Products: