United States

Power Financial Corp (PWF.TO)

PWF.TO on Toronto Stock Exchange

19 Sep 2017
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Fri, Aug 4 2017

BRIEF-Power Financial Q2 adjusted earnings per share C$0.87

* Power Financial reports second quarter and six-month financial results and dividends

BRIEF-Wealthsimple raises $50 million Series B investment from Power Financial group of companies

* Raised $50 million Series B investment from Power Financial Corp group of companies, bringing Power's total investment in Wealthsimple to $100 million Source text for Eikon:

Power Financial invests C$50 million in 'robo-adviser' Wealthsimple

TORONTO, May 11 Power Financial Corp has invested C$50 million ($37 million) in "robo-adviser" Wealthsimple, bringing its total investment in the 2-year-old financial technology company to C$100 million, they said on Thursday.

BRIEF-Power Financial reports Q4 EPS c$0.86

* Power Financial reports fourth quarter and 2016 financial results and dividend increase

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