New York, NY -- (ReleaseWire) -- 02/13/2013 --Masco Corporation (NYSE:MAS) reported strong growth in fourth quarter 2012. "Our solid fourth quarter results reflect the successful execution of our strategic initiatives, including leveraging our brands, reducing our costs, improving our Installation and Cabinet segments and strengthening our balance sheet," said Masco`s President and CEO, Tim Wadhams.
2012 Q4 highlights:
- Sales increased 9 percent to $1.9 billion
- North American sales increased 12 percent
- Installation segment returned to profitability
- All segments contributed to an adjusted operating margin expansion of 340 basis points
Masco Corporation is one of the world`s leading manufacturers of home improvement and building products
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CNO Financial Group, Inc. (NYSE:CNO) announced that Ed Bonach, Chief Executive Officer, and Fred Crawford, Chief Financial Officer, will discuss the company at the Credit Suisse Financial Services Forum on Thursday, February 14, 2013.
On February 11th CNO announced Q42012 net income of $101.2 million, or 41 cents per diluted share, and operating earnings of $60.0 million, or 25 cents per diluted share. For the full year, CNO reported net income of $221.0 million, or 83 cents per diluted share, and operating earnings of $180.4 million, or 69 cents per diluted share.
CNO Financial Group, Inc., through its subsidiaries, engages in the development, marketing, and administration of health insurance.
Find out more on CNO here: http://www.wallstreetscoop.net/market-scan/?symbol=CNO
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