Operating Income at Phoenix Beats Street

The Phoenix Cos. Inc. boosted its bottom line 3.8 percent in the third quarter, while operating profit fell 9.3 percent amid a more volatile market and higher death claims.

The Hartford-based insurer and asset management company on Wednesday reported $35.6 million, or 31 cents a share, of net income for the quarter that ended Sept. 30.

Operating Income at Phoenix Beats Street
Source: Hartford Courant