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Principal Financial Group (NYSE:PFG) Releases Earnings Results, Beats Estimates By $0.19 EPS
Principal Financial Group (NYSE:PFG – Get Free Report) announced its quarterly earnings results on Monday. The company reported $2.16 earnings per share for the quarter, beating the consensus estimate of $1.97 by $0.19. Principal Financial Group had a return on equity of 14.68% and a net margin of 9.74%. During the same period last year,…
Investing in Individual Stocks: What to Know Before You Buy
Buying individual stocks means you’re buying a piece of a company. You’ll share in its success and, in equal measure, its struggles. You can grow your wealth when these companies expand, increase revenue, or pay dividends. But if they struggle, your investment can take a hit too. Unlike mutual funds or ETFs, where the risk…
Govt may consider OFS option for raising public float in IDBI Bank
The government may consider selling a stake in IDBI Bank through the Offer-for-Sale (OFS) route to increase public shareholding, after the unsuccessful attempt to divest stake in the LIC-controlled lender, sources said. Currently, the public float in IDBI Bank is only 5.29 per cent, limiting the scope of fair valuation. The remaining shares are with…
