Towers Watson (TW) Tops Q3 EPS by 13c; Guides FY15 EPS Above Views
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Towers Watson Reports Strong Third Quarter Earnings
May 5, 2015 6:00 AM EDTRevenues increased 2% over prior year third quarter (7% constant currency) EBITDA Margin increased to 22%, from 20% for the prior year third quarter Adjusted Diluted Earnings per Share of $1.63, up 3% over prior year third quarter Diluted Earnings per Share of $1.49, up 7% over prior year third quarter Increases Expected Fiscal Year 2015 Adjusted Diluted EPS Range to $6.03 to $6.10 Maintains Expected Fiscal Year 2015 Revenues of approximately $3.6 billion
ARLINGTON, Va.--(BUSINESS WIRE)-- Towers Watson... More
Life Insurers Challenged by Competitive Landscape
May 4, 2015 9:05 AM EDTTowers Watson survey finds life insurers technology limitations affecting their profits
ARLINGTON, Va.--(BUSINESS WIRE)-- Chief financial officers (CFOs) at North American life insurance companies say they continue to face sizable competitive challenges to their profitability, yet only a small number (20%) believe they are well prepared to respond to this competitive environment. Life insurers cited competition (61%) and cost management (61%) as the top challenges to their profits this year, and seem only somewhat better prepared (46%) to address the cost pressures, according to a... More
