References in periodicals archive ?
3 /PRNewswire/ -- Stewart Information Services Corporation announced today that year-end transactions involving its investment portfolio will reduce 1994 fourth quarter earnings by approximately $800,000, or 14 cents per share, while allowing the company to recover certain tax loss carrybacks and increase future income from its portfolio.
As reported earlier, the bonds were sold to recover tax loss carrybacks that otherwise would have expired and to increase future income from the portfolio.
The company has used up its tax loss carrybacks in Germany.