partners value fund inc (BNBMF) Key Developments
Partners Value Investments Inc. Reports Consolidated Earnings Results for the First Quarter Ended March 31, 2015
May 26 15
Partners Value Investments Inc. reported consolidated earnings results for the first quarter ended March 31, 2015. For the quarter, investment income was $21,472,000 against $15,906,000 a year ago. Net income was $12,145,000 against $14,711,000 a year ago. The company's net book value increased by $6.97 per share to $44.48 per share due to increases in the market value of its long-term investment portfolio, namely its Brookfield Class A Shares. Net income per share was $0.17 against $0.20 a year ago.
Partners Value Fund Inc. has Changed its Name to Partners Value Investments Inc
May 21 15
Partners Value Fund Inc. changed its name to Partners Value Investments Inc.
Partners Value Fund Inc. Announces Consolidated Earnings Results for the Year Ended December 31, 2014
Mar 30 15
Partners Value Fund Inc. announced consolidated earnings results for the year ended December 31, 2014. For the year, the company reported total investment income of $49,819,000 against $49,728,000 a year ago. Net income was $26,598,000 against $32,554,000 a year ago. Net book value was $37.51 per share as on December 31, 2014. Net income was $0.36 per share against $0.44 per share a year ago. The decrease in net income was primarily due to mark-to-market valuation losses within a subsidiary and lower equity accounted income which more than offset the increases in dividend income.
Partners Value Fund Inc., Annual General Meeting, May 21, 2015
Mar 16 15
Partners Value Fund Inc., Annual General Meeting, May 21, 2015., at 10:00 US Eastern Standard Time. Location: Conference Rooms A&B, 2nd floor, Twenty Toronto Street. Agenda: To receive the annual report to shareholders, including the consolidated financial statements of the corporation for the fiscal year ended December 31, 2014, together with the external auditor's report thereon; to elect directors who will serve until the end of the next annual meeting of shareholders; to appoint the external auditor who will serve until the end of the next annual meeting of shareholders and authorize the directors to fix its remuneration; and to change the name of the corporation from Partners Value Fund Inc. to Partners Value Investments Inc.
Partners Value Fund Inc. Announces Executive Changes
Dec 19 14
Partners Value Fund Inc. announced that George E. Myhal has been named as President and Chief Executive Officer of the company, effective January 1, 2015. Mr. Myhal will also join the board of directors of Partners Value Fund at this time. Current President Edward C. Kress will resign from his executive role as of January 1, 2015. Mr. Kress will continue to serve as a director of the company.