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Insurer Conseco Reports Quarterly Gains.

Publication: Knight Ridder/Tribune Business News
Date: Thursday, March 11 2004

The Indianapolis Star Knight Ridder/Tribune Business News

Mar. 11--CARMEL, Ind. -- Conseco, Inc. today reported financial results for the quarter and year ended December 31, 2003, its first quarter since emerging from Chapter 11 bankruptcy on September 10, 2003.

The company said the results reflect fresh-start accounting adjustments are not comparable to results for prior periods.

Conseco reported net income (after dividends on convertible exchangeable preferred stock) of $49.6 million, or 49 cents per diluted common share. Results for the qu

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