Net lower at Nationwide, Protective Life
Fourth quarter profits down 50% at Nationwide, off 29% at Protective Life.
Columbus, Ohio-based Nationwide Financial Services Inc. said its fourth quarter net income fell to $74.2 million, or 53 cents per diluted share, from $158.4 million, or $1.06 per diluted share, in the fourth quarter.
Losses from discontinued operations of $21.3 million contributed to the decline,
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