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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
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May 21, 2015
11:24 EDTAFLAflac targets June to have CFO replaced, Bloomberg reports
Aflac CEO Dan Amos told analysts at a meeting that the company hopes to have a replacement by June for CFO Kriss Cloninger, who will be staying on as president, reported Bloomberg. Amos also noted that Deputy CFO Ken Janke withdrew from the running as a potential replacement, the report added. Reference Link
May 19, 2015
18:01 EDTAFLAflac names Matthew Owenby as Chief Human Resources Officer
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May 15, 2015
12:08 EDTAFLAflac to hold a briefing
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10:01 EDTAFLOn The Fly: Analyst Initiation Summary
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05:49 EDTAFLAflac initiated with a Neutral at Goldman
Target $66.

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