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Mobile Home Lender Predicts Better Future.(financial data for Conseco Inc., Conseco Finance)(Brief Article)
The chairman and chief executive of Conseco Inc. here said even though it lost $96.9 million in the first quarter, the company's 2002 liquidity issues are behind it.
Gary Wendt made the statement in the latest "New Conseco Memo." Operating earnings at the company were $39.9 million for the first quarter, up 18% from the fourth quarter of last year, but down from the $54 million posted for the first quarter 2001.
Operating earnings at the subprime and manufactured housing unit, Conseco Finance, rebounded slightly from the fourth quarter, ...
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- S&P Revises Conseco Finance Corp. CreditWatch to Neg.
- Press release article from: Business Wire August 8, 2000 700+ words
...of the ratings on Conseco Finance Corp. (Conseco...equity operations of Conseco Finance, and continues...company assets and Conseco Finance portfolios. Although...structure and ongoing operating earnings are supportive of...
- S&P Revises Conseco Finance Corporation; CreditWatch to Negative.
- Press release article from: PR Newswire August 8, 2000 700+ words
...of the ratings on Conseco Finance Corp. (Conseco...equity operations of Conseco Finance, and continues...company assets and Conseco Finance portfolios. Although...structure and ongoing operating earnings are supportive of...
- Conseco Finance sets record straight. (Mostly Business).
- Magazine article from: Outdoor Power Equipment Noe, Steve October 1, 2002 700+ words
Conseco Finance Corp., one of America...highlights: * Pre-tax operating earnings of $40.6 million...as of Aug. 15); Conseco Finance has successfully paid...improve performance at Conseco Finance Corp.," said Chuck...
- Chief Executive Resigns from Conseco Finance in St. Paul, Minn.
- Newspaper article from: Saint Paul Pioneer Press (St. Paul, Minnesota) (via Knight-Ridder/Tribune Business News) January 4, 2002 700+ words
...Sheryl Jean Jan. 4--Conseco Finance Corp.'s chief executive...company's restructuring. Conseco Finance employs about 1,300 people...Prudential in June 2000. Conseco Finance had an average portfolio...post an 82 percent gain in operating earnings for the third quarter...
- Conseco Finance Expands Western Service Center; Black Hills' Largest Private...
- Press release article from: Business Wire December 13, 2000 700+ words
...s Office of Economic Development. Conseco Finance Corp. management recently announced...and director of Retail Services for Conseco Finance, says that the company outgrew its...Adds Bruce Crittenden, president of Conseco Finance Corp., "Our investment in the Western...
- CORRECTION: Bidding War Erupts over Conseco Finance's Assets.
- Newspaper article from: Knight Ridder/Tribune Business News March 5, 2003 700+ words
...corrected one. Bidding War Erupts over Conseco Finance's Assets By Sheryl Jean Saint Paul...Tuesday in a spirited auction to buy Conseco Finance Corp. out of bankruptcy. Berkadia...the assets -- of St. Paul-based Conseco Finance as of Sept. 30, according to court...
- Conseco Finance Seeks Buyer.
- Newspaper article from: Knight Ridder/Tribune Business News October 23, 2002 700+ words
...Tribune Business News Oct. 23--Conseco Finance Corp., which employs 1,100 workers...Chuck Cremens, chief executive of Conseco Finance, which is owned by Indiana insurer...has been significant interest." Conseco Finance is the nation's largest mobile home...
- S&P Lowers Conseco Inc & Conseco Finance Rtgs.
- Press release article from: PR Newswire April 12, 2000 700+ words
...counterparty and senior unsecured debt ratings on Conseco Finance Corp. (Conseco Finance), as well as the ratings on various classes...subordinated asset-backed securities guaranteed by Conseco Finance to double-'B'-minus from triple...
Source: HighBeam Research, Mobile Home Lender Predicts Better Future.(financial data for Conseco...