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Morguard Corporation

03:19 PM EST - Morguard Corporation : Announced its financial results for the year ended December 31, 2017. Total revenue increased by $191.8 million to $1,113.8 million for the year ended December 31, 2017, compared to $922.0 million for the same period in 2016. Net operating income increased by $60.5 million, or 13.3%, to $513.9 million, compared to $453.4 million for the same period in 2016. Morguard Corporation shares T.MRC are trading down $5.95 at $170.00.