published Wednesday, February 2nd, 2011

Unum misses expectations, reports 208.6 million in forth quarter of 2009

Unum reported operating income of of $208.6 million in the fourth quarter of 2009, or 66 cents per share, missing analyst expectations by three cents.

The company simultaneously announced a $1 billion share buyback program, which President and CEO Tom Watjen said "sends a strong statement about our confidence in the future, much the way last week¹s ratings upgrade by A.M. Best speaks to the confidence they have in our company."

For more on this story, pick up a copy of tomorrow's Times Free Press.

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katherynem said...

The results were for 2010 not 2009, and is "forth" the same as "fourth" quarter? Good grief!

February 2, 2011 at 4:27 p.m.
podiebell said...

You would think a major newspaper would have better editing staff than this. I just went over a homework lesson with my eight year old explaining how "forth" is not a number.

February 2, 2011 at 4:29 p.m.
joepulitzer said...

The new executive editor wrote Sunday that he is 96 percent related to an ape.

February 2, 2011 at 6 p.m.
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