New User:

Forgot your password?

Stock Market & Financial Investment News

News Breaks
June 30, 2014
13:41 EDTAFLS&P raises Aflac rating to 'A' from 'A-'
Standard & Poor's Rating Service raised its long-term counterparty credit rating on Aflac Inc. to "A" from "A-". "We are raising our rating on the nonoperating holding company, Aflac Inc., making it two notches, instead of the standard three, lower than the financial strength rating of the operating companies. We based the upgrade on very strong fixed-charge coverage ratio, 15x as of year-end 2013, moderate financial leverage--including debt, hybrids, unfunded pension obligations, and net present value of operating leverage--for the current rating level, strong operating company dividend capacity, and liquidity at the holding company relative to its ongoing obligations, such as interest and principal payments on debt," said Standard & Poor's.
News For AFL From The Last 14 Days
Check below for free stories on AFL the last two weeks.
Sign up for a free trial to see the rest of the stories you've been missing.
September 29, 2014
16:13 EDTAFLAflac names Teresa White as president, Kenneth Janke as full time deputy CFO
Effective immediately, Teresa White is being named president, Aflac U.S. White will continue to report to Kenneth Janke, deputy CFO; executive VP of Aflac Incorporated. Janke, formerly president of Aflac U.S., is returning full time to the deputy CFO role, assuming additional responsibilities to include the financial reporting and actuarial functions.
September 16, 2014
13:24 EDTAFLAflac to increase exposure to 'growth assets,' Bloomberg says
Subscribe for More Information

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the disclaimer & terms of use