/C O R R E C T I O N -- Stewart Information Services Corporation/

Share Name	Share Symbol	Market	Type	Share ISIN	Share Description
Stapleton Cap	LSE:STC	London	Ordinary Share	GB00BYX8HX04	ORD 1P

Share Name

Share Symbol

Market

Type

Share ISIN

Share Description

Stapleton Cap

LSE:STC

London

Ordinary Share

GB00BYX8HX04

ORD 1P

	Price Change	% Change	Share Price	Bid Price	Offer Price	High Price	Low Price	Open Price	Shares Traded	Last Trade
	0.00	0.00%	5.75	5.50	6.00				0.00	01:00:00

Price Change

% Change

Share Price

Bid Price

Offer Price

High Price

Low Price

Open Price

Shares Traded

Last Trade

0.00

0.00%

5.75

5.50

6.00

0.00

01:00:00

Industry Sector	Turnover	Profit	EPS - Basic	PE Ratio	Market Cap
	0	0		N/A	0

Industry Sector

Turnover

Profit

EPS - Basic

PE Ratio

Market Cap

N/A

/C O R R E C T I O N -- Stewart Information Services Corporation/

20/02/2008 3:15pm

PR Newswire (US)

Stapleton Cap (LSE:STC)
Historical Stock Chart

From Jun 2019 to Jun 2024

Click Here for more Stapleton Cap Charts.

In the news release, Stewart Reports Operating Results for 2007, issued earlier today by Stewart Information Services Corporation over PR Newswire, in the Statements of Earnings table, the line item "(Loss) earnings before taxes and minority interests" under the Year Ended December 31 2007 column should read "(51,921)" rather than "84,536" as incorrectly transmitted by PR Newswire. The corrected table follows. STEWART INFORMATION SERVICES CORPORATION STATEMENTS OF EARNINGS (In thousands of dollars, except per share amounts) Three months ended Year ended December 31 December 31 2007 2006 2007 2006 Revenues Title insurance: Direct operations 213,138 262,647 947,342 1,028,688 Agency operations 256,410 351,309 1,040,719 1,321,994 Real estate information 16,497 21,244 66,037 81,159 Investment income 9,055 9,229 36,073 34,913 Investment and other gains - net 4,570 1,379 16,520 4,727 499,670 645,808 2,106,691 2,471,481 Expenses Amounts retained by agencies 208,300 282,668 843,038 1,067,071 Employee costs 162,797 182,311 689,107 728,529 Other operating expenses 107,868 106,948 409,999 405,951 Title losses and related claims 54,884 41,708 168,501 141,557 Depreciation and amortization 10,688 10,842 41,125 37,747 Interest 1,788 1,666 6,842 6,090 546,325 626,143 2,158,612 2,386,945 (Loss) earnings before taxes and minority interests (46,655) 19,665 (51,921) 84,536 Income tax (benefit) expense (17,685) 4,614 (23,926) 23,045 Minority interests 2,342 4,306 12,225 18,239 Net (loss) earnings (31,312) 10,745 (40,220) 43,252 Average number of diluted shares (000) 18,030 18,308 18,162 18,304 Diluted (loss) earnings per (1.74) 0.59 (2.21) 2.36 share Segment information: Title revenues 483,173 624,564 2,040,654 2,390,322 Title pretax (loss) earnings before minority interests (45,867) 19,852 (54,037) 83,234 REI revenues 16,497 21,244 66,037 81,159 REI pretax (loss) earnings before minority interests (788) (187) 2,116 1,302 Selected financial information: Cash (used) provided by operations (2,805) 44,878 14,949 105,064 Title loss payments - net of recoveries. 30,593 27,320 117,550 107,170 Changes in other comprehensive earnings - 759 318 8,666 2,433 net of taxes Number of title orders opened (000): October 48 59 November 42 55 December 38 48 Quarter 128 162 Number of title orders closed (000): Quarter 93 124 December 31 December 31 2007 2006 Stockholders' equity 750,944 802,262 Number of shares outstanding (000) 18,031 18,231 Book value per share 41.65 44.00 DATASOURCE: Stewart Information Services Corporation

Market Data

News

Trading Tools

Markets

Discover

Hot Features

Follow Feed

Options Flow

Monitor

STC Stapleton Cap