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Stock Market & Financial Investment News

News Breaks
June 12, 2013
06:20 EDTPNX, GNW, ALL, SLF, HIG, PRU, BRK.ANY regulator wants moratorium on "shadow insurance" practice, Reuters reports
The New York State Department of Financial Services called for a national moratorium on certain transactions by life insurance companies that potentially put policyholders and taxpayers at greater risk, according to a regulatory report, reports Reuters. The report said that insurance companies use a method known as "shadow insurance" to shift blocks of insurance policy claims to shell companies, often in states outside where the companies are based, or else offshore, to take advantage of looser reserve and regulatory requirements. Reference Link
News For A;HIG;GNW;PRU;SLF;PNX From The Last 14 Days
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March 24, 2015
09:10 EDTADako announces collaboration agreement with Amgen
Dako, an Agilent Technologies (A) company, announced a new Master Collaboration Agreement with Amgen (AMGN). The expanded collaboration will allow both companies to benefit from knowledge-sharing within the field of drug-diagnostic research and development in general, and in relation to companion diagnostic products in particular. The financial details of the agreement were not disclosed.
06:17 EDTHIGHartford Financial coverage resumed with a Buy at Goldman
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March 23, 2015
09:00 EDTGNWGenworth upgraded at Raymond James
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06:50 EDTGNWGenworth upgraded to Strong Buy from Outperform at Raymond James
March 18, 2015
09:02 EDTPRUEl Paso enters three-year contract with Prudential
Prudential Retirement announced the City of El Paso has recommitted its defined contribution plan to Prudential Retirement. Prudential Retirement is a business unit of Prudential Financial. The city has entered a three-year contract with the company.
08:31 EDTAAgilent names president and COO Mike McMullen as CEO
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March 13, 2015
09:49 EDTAUBS life science tools/diagnostics analyst has analyst/industry conference call
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