HSBC Swings to Fourth Quarter Loss; Announces Share Buyback HSBC said it would buy back up to $2 billion in shares, coming after impairments pushed its bottom line to a loss in the latest.
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Kansas City Life Insurance Co. (KCLI) on Friday reported a fourth-quarter loss of $750,000, after reporting a profit in the same period a year earlier. The Kansas City, Missouri-based company said it had a loss of 7 cents per share. The insurance company posted revenue of $126.1 million in the period.