Navigation Links
Triple-S Management Corporation Reports 2008 Results at High End of Guidance Range
Date:2/19/2009

earnings of $12.6 million due to other- than-temporary impairments in the three equity mutual funds that replicate the Russell 1000, Standard & Poor's 500 and EAFE indexes as well as for certain perpetual preferred securities.

Net income for the three months ended December 31, 2008 was $2.0 million, or $0.06 per diluted share, based on weighted average shares outstanding of 32.1 million. This compares with net income for the three months ended December 31, 2007 of $17.7 million, or $0.62 per diluted share, based on weighted average shares of 28.6 million. Excluding the effect of net realized and unrealized gains (losses) on investments and derivatives for the three months ended December 31 in both 2008 and 2007, net of taxes, pro forma net income was $21.3 million, or $0.66 per diluted share, in the quarter ended December 31, 2008, compared with $21.2 million, or $0.74 per diluted share, in the comparable 2007 quarter.



                               Pro Forma Net Income
    (Unaudited)
    (dollar amounts in millions)
                     Three months ended Dec. 31,  Twelve months ended Dec. 31,
                              2008         2007         2008         2007
    Pro forma net income
      Net income              $2.0         17.7        $24.8         58.5
      Net realized
       investment (gains)
       loss net of tax        10.0          0.2         11.8         (4.8)
      Net unrealized
       investment (gains)
       losses on trading
       securities net of tax   8.7          2.8         17.9          3.5
      Derivative (gain) loss
       net of tax              0.6          0.5          4.2           --
      Retroactive Reform
       premium adjustment
       net of tax               --           --           --         (1.2)
        Pro forma net
         income              $21.3         21.2        $58.7         56.0
      Diluted pro forma
       net income per share  
'/>"/>
SOURCE Triple-S Management Corporation
Copyright©2009 PR Newswire.
All rights reserved

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

Related medicine news :

1. Triple-S Management Corporation Announces Full Exercise of Underwriters Over-Allotment Option
2. Triple-S Management Corporation to Present at UBS Global Healthcare Conference
3. Triple-S Management Corporation Reports Record Consolidated Operating Income, Net Income and EPS for 2007
4. Triple-S Management Corporation Schedules First-Quarter Earnings Release and Webcast
5. Triple-S Management Corporation Reports First Quarter 2008 Results; Cites Growth Resulting From Strong Market Position
6. Triple-S Management Corporation Schedules Second-Quarter Earnings Release and Webcast
7. Triple-S Management Corporation Reports Third Quarter 2008 Results; Board Approves Share Repurchase Authorization of up to $40 Million
8. Triple-S Management Corporation to Present at Credit Suisse 2008 Healthcare Conference
9. Triple-S Management Corporation Signs Letter of Intent to Acquire Managed Care Portfolio of La Cruz Azul de Puerto Rico, Inc.
10. Triple-S Management Corporation Announces Conversion of Class A Shares and Commencement of Class B Stock Repurchase Program
11. Triple-S Management Corporation Schedules Fourth-Quarter and Year-End Earnings Release and Webcast
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:12/24/2014)... 24, 2014 (HealthDay News) -- The holidays can be a ... off by certain foods and drinks. "This is the ... trigger attacks of migraine," Dr. David Dodick, chair of the ... foundation. "It,s important to think through food and beverage ... attack," added Dodick, a professor of neurology at the Mayo ...
(Date:12/24/2014)... Dec. 24, 2014 (HealthDay News) -- A new, injectable ... and Drug Administration. The agency on Tuesday approved ... those who are overweight and have at least one ... 2 diabetes or high cholesterol. Patients taking the ... low-calorie diet and exercise regularly, the FDA noted. ...
(Date:12/24/2014)... Dec. 24, 2014 (HealthDay News) -- Researchers say they ... that develop into eggs and sperm. While this ... is the first time that these types of cells ... efficiently using human stem cells, according to the team ... creation of primordial germ cells is one of the ...
(Date:12/24/2014)... lab technician with the U.S. Centers for Disease Control ... virus in an agency laboratory in Atlanta earlier this ... workers are being checked for possible exposure, CDC officials ... Monday when CDC scientists doing research on Ebola mistakenly ... another CDC lab in the same building, the ...
(Date:12/24/2014)... Gluten, a protein found predominately in ... an intolerance to gluten, causing side effects that can ... joint pain and fatigue. For this reason, Diet Doc ... deliver safe and fast weight loss while teaching patients ... allergy reaction. These gluten free diet plans combine the ...
Breaking Medicine News(10 mins):Health News:Expert Offers Tips for Preventing Holiday Migraines 2Health News:FDA Approves New Weight-Loss Drug 2Health News:FDA Approves New Weight-Loss Drug 3Health News:CDC Monitors Lab Worker for Possible Ebola Exposure 2Health News:Diet Doc Adds Gluten Free Diet Plans to Their Stable of Specialized Weight Loss Programs 2Health News:Diet Doc Adds Gluten Free Diet Plans to Their Stable of Specialized Weight Loss Programs 3
... , DALLAS, Sept. 11 During its 2009 Annual Conference ... Association (PCA) will address some of the most pressing issues facing private ... be discussed during the Conference include: , , , ... Revenue Act of 1978. The program will cover PCA,s actions ...
... , Lilly to donate funds to ADA camp ... CHICAGO, Sept. 11 When the 2009 NFL season begins this ... with diabetes. , , Eli Lilly and Company (Lilly) ... help send children with diabetes to summer camps through the Touchdowns ...
... , LIBERTYVILLE, Ill., Sept. 11 They,re BAA-AACK! ... the teeny, insidious bloodsuckers--which feast on sleeping humans--are making a comeback ... spotted in hotels from coast to coast. And not just the ... recent study of 700 mid-priced hotels, 25% were found to host ...
... , DENVER, Sept. 11 Corgenix Medical ... diagnostic test kits, will host a conference call on Friday, September ... and operating performance for its fiscal year ended June 30, 2009, ... , , Corgenix invites all those interested ...
... Study found those who lived near heavy traffic noise had ... Living next to busy roads may be bad for your ... are in earshot of engines rumbling, horns honking and brakes ... report in the Sept. 9 issue of Environmental Health ...
... ... the lowest prices possible. To maintain high quality standards and ensure consumer trust, they ... product safety and efficacy. , ... Fargo, ND (Vocus) September 11, 2009 -- Last month ConsumerLab.com (CL), an ...
Cached Medicine News:Health News:Private Care Association to Tackle Major Issues Impacting Home Care Industry 2Health News:Chicago Bears Quarterback Jay Cutler, Eli Lilly and Company and the American Diabetes Association Team Up to Fund Diabetes Camp Scholarships Through "Touchdowns for Diabetes" 2Health News:Chicago Bears Quarterback Jay Cutler, Eli Lilly and Company and the American Diabetes Association Team Up to Fund Diabetes Camp Scholarships Through "Touchdowns for Diabetes" 3Health News:Chicago Bears Quarterback Jay Cutler, Eli Lilly and Company and the American Diabetes Association Team Up to Fund Diabetes Camp Scholarships Through "Touchdowns for Diabetes" 4Health News:Rest Easy, the Safe, All-Natural Bed Bug Travel Spray 2Health News:Busy Roads Boost Blood Pressure 2Health News:Swanson Health Products' Vitamin E and Acai Dietary Supplements Pass Quality Control Tests Conducted by ConsumerLab.com 2
(Date:12/24/2014)... CHAPEL HILL, N.C. , Dec. 23, 2014 /PRNewswire/ ... marketplace success. As the key link between the medical ... will grow even more in the coming years as ... relationships. According to research by benchmarking ... and MSLs can gain an important edge is by ...
(Date:12/22/2014)... , Dec. 22, 2014 Apnea Sciences ( ... offices in Aliso Viejo , California.  ... to the tremendous growth and worldwide expansion, a new ... patented SnoreRx, the anti snore cure have exceeded our ... "We are now in 23 countries and will ...
(Date:12/22/2014)... --Research and Markets ( http://www.researchandmarkets.com/research/hmlfbq/investment ) ... Analysis of the US Medical Device Sector " ... http://photos.prnewswire.com/prnh/20130307/600769 This analysis ... identifies the key trends and rationale for undertaking ... and acquisitions. The study will be ...
Breaking Medicine Technology:Role of Medical Science Liaisons Evolving in Medical Device Sector 2Investment Analysis of the US Medical Device Sector 2
... 10, 2012 uVera Diagnostics has introduced the CR3 Keyless ... screening specimen cup provides several state-of-the-art features not available ... "This is revolutionary to the drug testing industry," said Rick ... designed for ease of use for both genders. The unique ...
...  - Agreement allows development for potential treatment of ... SHPGY ), the global specialty biopharmaceutical company, ... develop and market Resolor ® (prucalopride) in the ... N.V.  Terms of the agreement have not been disclosed. ...
Cached Medicine Technology:uVera Diagnostics Offers New Drug Screening Product 2Shire Acquires US Rights to Resolor(R) (prucalopride) 2Shire Acquires US Rights to Resolor(R) (prucalopride) 3Shire Acquires US Rights to Resolor(R) (prucalopride) 4
... the first intra-operative fluorescent imaging system ... the location of the coronary arteries ... coronary artery bypass procedures. ,The patented ... to view, record, replay, print, and ...
... When myocardial infarction is ... TROPT sensitive rapid assay allows ... marker troponin T from a ... qualitative result is available within ...
The Polygraf ID multi-parametric recorder works with POLYGRAM NET analysis software to create a unique interface that combines web-style navigation, graphical presentation and intuitive design to del...
... The White Sun light source offers the industry ... Kelvin color temperature at a lower price. A ... White Sun to be used with Olympus, Storz, ... light output LED and re-settable bulb timer. The ...
Medicine Products: