In Brief: Conseco Earnings Increase 10% in Quarter

In its first quarterly report since acquiring the nation's largest manufactured-housing lender, Conseco Inc. reported a 10% increase in operating earnings for the quarter ended Sept. 30, to $297.8 million, exceeding analysts expectations.

Conseco chief executive Steve Hilbert attributed the company's positive results in part to the acquisition of Green Tree Financial Corp., citing the subsidiary's "solid origination platforms and retail focus."