News Formal

Canadian billionaire Prem Watsa says Fairfax will focus on internal growth at key insurance business

  • 📰 globeandmail
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 92%

Sverige Nyheter Nyheter

Sverige Senaste nytt,Sverige Rubriker

Canadian billionaire Prem Watsa says Fairfax will focus on internal growth at key insurance business GlobeBusiness

Canadian billionaire Prem Watsa told shareholders of Fairfax Financial Holdings Ltd on Thursday that the company will focus on internal growth at its key insurance business and step up efforts to boost its stock price by focusing on investment returns.

He said Fairfax was de-emphasizing acquisition-driven growth, but assured shareholders that would not limit the company’s overall performance.Watsa nonetheless defended some of Fairfax’s core holdings, which include BlackBerry Ltd and Greek lender Eurobank Ergasias SA, and told shareholders to be patient and ignore the short-term stock market fluctuations and focus on the long-term performance.

Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 5. in SE
 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.

globebusiness Carl Reiner called. He wants his DNA back.

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

Five things to watch for in the Canadian business world this weekFrom marijuana statistics to housing start data, we'll be learning more about some popular pillars of the Canadian economy this week.
Källa: CTVNews - 🏆 1. / 99 Läs mer »