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Stock Market & Financial Investment News

News Breaks
June 12, 2013
06:20 EDTALL, BRK.A, HIG, GNW, PRU, SLF, PNXNY 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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October 22, 2014
08:17 EDTGNWGenworth could rise more than 60% if split, Bloomberg says
Shares of Genworth Financial (GNW), which are trading below the price at which GE (GE) took it public in 2004, could rise 64% if it chose to separate its mortgage-guarantee operations from its life and long-term care insurance business, as has been suggested by shareholder John Paulson, estimates Bloomberg in its "Real M&A" column. Reference Link
October 21, 2014
10:01 EDTPNXPhoenix Companies partners with Credit Suisse
Phoenix Companies (PNX) announced that it has entered into a partnership with Credit Suisse (CS) to license the CS Tactical Multi Asset Index.
October 20, 2014
07:10 EDTAAmerican Society of Human Genetics to hold annual meeting
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October 17, 2014
17:27 EDTPNXPhoenix Companies announces filing of Q1 10-Q
The Phoenix Companies announced the filing of its quarterly report on Form 10-Q for the quarter ended March 31 with the SEC. “We remain on schedule for completing our delayed SEC filings and expect to file our Q2 Form 10-Q with the SEC next week,” said James Wehr, president and CEO.
October 14, 2014
13:05 EDTAAgilent sees FY15 revenue declining $20M-$30M due to NMR business closure
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13:03 EDTAAgilent sees Q4 EPS 87c-91c, consenssus 89c
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13:02 EDTAAgilent to close Nuclear Magnetic Resonance business
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08:04 EDTPRUDeutsche sees favorable risk/rewards in Insurance space
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October 13, 2014
10:08 EDTGNWOn The Fly: Analyst Upgrade Summary
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08:19 EDTGNWGenworth upgraded to Outperform from Market Perform at Keefe Bruyette
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