Unum Group (NYSE:UNM) reported a net loss of $425.4 million ($1.45 per diluted common share) for the fourth quarter of 2011, compared to net income of $225.8 million ($0.71 per diluted common share) for the fourth quarter of 2010, due largely to an after-tax charge of $561.2 million the Company took following its strategic review of the long-term care business and decision to discontinue new group long-term care sales as well as an after-tax reserve charge of $119.3 million in the individual disability closed block. Adjusting for this charge and other items listed below, operating income on an after-tax basis was $227.6 million ($0.78 per diluted common share) in the fourth quarter of 2011, compared to $208.6 million ($0.66 per diluted common share) in the fourth quarter of 2010.
Unum Group, together with its subsidiaries, provides group and individual disability insurance products primarily in the United States and the United Kingdom.
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Biomed Realty Trust (NYSE:BMR), a real estate investment trust focused on Providing Real Estate to the Life Science Industry®, announced financial results for the fourth quarter and full-year ended December 31, 2011. Generated total revenues for the quarter of $112.4 million, up 7.0% from $105.0 million in the same period in 2010. Rental revenues for the quarter increased by 7.6% to $85.1 million from $79.2 million in the same period in 2010, the highest in the company’s history for the eighth consecutive quarter. Total revenues for the fourth quarter were $112.4 million, compared to $105.0 million for the same period in 2010, an increase of 7.0%. For 2011, total revenues increased 13.8% to $439.7 million from $386.4 million in 2010. Rental revenues for the fourth quarter were $85.1 million, compared to $79.2 million for the same period in 2010, an increase of 7.6% and the highest in the company’s history for the eighth consecutive quarter. Rental revenues for 2011 were $330.6 million, compared to $295.1 million in 2010, an increase of 12.0%.
BioMed Realty Trust, Inc. operates as a real estate investment trust (REIT) that focuses on providing real estate to the life science industry in the United States.
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Limited Brands, Inc. (NYSE:LTD) fourth quarter and year-end 2011 earnings release, which will cross the wire after market close on Wednesday, Feb. 22, you are invited to listen to a broadcast of the conference call live over the Internet on Thursday, Feb. 23, at 9:00 a.m. ET with Limited Brands executives. Limited Brands Fourth Quarter and Year-End 2011 Earnings Conference Call; 9:00 a.m. ET on Thursday, Feb. 23, 2012.
Limited Brands, Inc. operates as a retailer of women’s intimate and other apparel, beauty and personal care products, and accessories in the United States and Canada.
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