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Stock Market & Financial Investment News

News Breaks
April 28, 2014
07:40 EDTAMP, HIG, LNC, MET, PRULife insurers weakness creates buying opportunity, says Wells Fargo
Wells Fargo thinks that life insurers can raise their prices and expects their betas to fall, providing a rationale for further multiple expansion . The firm believes that the recent decline in the sector has created a buying opportunity In the following names: Ameriprise (AMP), Hartford Financial (HIG), Lincoln National (LNC), MetLife (MET), and Prudential (PRU).
News For AMP;HIG;LNC;MET;PRU From The Last 14 Days
Check below for free stories on AMP;HIG;LNC;MET;PRU the last two weeks.
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September 15, 2014
08:42 EDTPRUPrudential to host investor day
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06:07 EDTMETMetLife to host investor day
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September 10, 2014
10:00 EDTHIGOn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: African Barrick Gold (ABGLY) upgraded to Neutral from Sell at Goldman... ArcelorMittal (MT) upgraded to Overweight from Underweight at Barclays... CRH Plc. (CRH) upgraded to Outperform from Underperform at Raymond James... Callon Petroleum (CPE) upgraded to Buy from Neutral at SunTrust... Coach (COH) upgraded to Overweight from Neutral at Atlantic Equities... Hartford Financial (HIG) upgraded to Outperform from Market Perform at FBR Capital... Huntsman (HUN) upgraded to Buy from Neutral at Citigroup... Imperva (IMPV) upgraded to Outperform from Perform at Oppenheimer... L Brands (LB) upgraded at Credit Suisse... Marcus (MCS) upgraded to Buy from Neutral at B. Riley... Noodles & Company (NDLS) upgraded to Buy from Neutral at UBS... Sunoco Logistics (SXL) upgraded to Overweight from Equal Weight at Barclays... Triangle Petroleum (TPLM) upgraded to Buy from Accumulate at KLR Group... Twitter (TWTR) upgraded to Buy from Neutral at UBS.
05:56 EDTHIGHartford Financial upgraded to Outperform from Market Perform at FBR Capital
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September 5, 2014
07:50 EDTMETMetLife can fund any new capital requirements internally, says Wells Fargo
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September 4, 2014
16:24 EDTMETMetLife issues statement on preliminary SIFI designation
MetLife chairman, president and CEO Steven Kandarian issued the following statement after the Financial Stability Oversight Council notified the company that it has been preliminarily designated a non-bank Systemically Important Financial Institution, or SIFI: “MetLife strongly disagrees with the Financial Stability Oversight Council’s preliminary designation of MetLife as a SIFI. MetLife is not systemically important under the Dodd-Frank Act criteria. In fact, MetLife has served as a source of financial strength and stability during times of economic distress, including the 2008 financial crisis. The current regulatory system oversees a stable industry that pays out more than $500B every year. Imposing bank-centric capital rules on life insurance companies will make it more difficult for Americans to buy products that help protect their financial futures. At a time when government social safety nets are under increasing pressure and corporate pensions are disappearing, the goal of public policy should be to preserve and encourage competitively priced financial protection for consumers. MetLife is not ruling out any of the available remedies under Dodd-Frank to contest a SIFI designation.”
06:24 EDTMETMetLife to meet with regulators to decide if 'too big to fail', NY Post reports
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September 3, 2014
16:03 EDTPRUPrudential Fixed Income to manage new $666.5M CLO
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