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Non-Tech : Conseco Insurance (CNO) -- Ignore unavailable to you. Want to Upgrade?

To: RockyBalboa who wrote (4002)	2/20/2001 9:01:58 PM
From: Lane Weatherly	Respond to of 4155

INDIANAPOLIS, Feb 20 (Reuters) - Conseco Inc. (NYSE:CNC) said on Tuesday its quarterly operating profits rose 5 percent, beating expectations, as the struggling U.S. life insurance and loan firm continued its efforts to shore up its finances. The Carmel, Ind.-based firm, which is struggling to turn itself around under chief executive Gary Wendt after an ill-fated foray into personal loans, reported fourth-quarter operating profits, excluding one-time items, of $41.1 million, or 13 cents per share. That compares with a profit of $39.3 million, or 12 cents per share, in the year-ago quarter. Analysts on average expected 8 cents per share profit, as polled by research firm First Call/Thomson Financial.