Monday, July 30, 2007

UPDATE 3-Principal Financial posts higher net, exceeds view

(Reuters) - Net earnings for the provider of life and health insurance
and retirement investments increased to $303.8 million, or
$1.12 a share, from $210.5 million, or 76 cents a share, in the
year-earlier quarter.




Operating profit, which analysts use to measure performance
because it excludes investments, was $282.9 million, or $1.05 a
share, compared to $225.2 million, or 82 cents a share, a year
ago.


Read more at Reuters.com Bonds News

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