Power Corporation Of Canada (POW.TO) reported that its fourth-quarter net earnings attributable to participating shareholders rose to C$314 million or C$0.68 per share, from C$229 million or C$0.50 per share in the corresponding period of 2010.
Operating earnings attributable to participating shareholders were C$241 million or C$0.52 per share, compared with C$232 million or C$0.51 per share in the corresponding period of 2010.
The company said that its board also declared a dividend of 29 cents per share on the Participating Preferred and Subordinate Voting Shares of the Corporation, payable March 30, 2012 to shareholders of record March 23, 2012.
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May 15, 2026 15:25 ET Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.