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Clairvest Group Inc.

09:57 AM EST - Clairvest Group Inc. : reported net income for the fourth quarter of $1.9 million or $0.11 per share, compared to $3.8 million or $0.23 per share for the year-ago quarter. The net income for the fourth quarter is comprised of $1.2 million of net corporate investment gains, net of $300,000 of net operating losses and $1 million of income tax expense recoveries. This compares with $98.5 million of net corporate investment losses, $103.4 million of net operating income and $1.1 million of income tax expense for the fourth quarter of last year. Clairvest Group Inc. shares T.CVG are trading even at $12.41.