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Stock Market & Financial Investment News

News Breaks
April 28, 2014
07:40 EDTAMP, LNC, PRU, HIG, METLife 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
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February 25, 2015
13:02 EDTMETMetLife Home Loans to pay $123.5M to resolve mortgage lending violations
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February 24, 2015
07:21 EDTPRUSecurities Industry & Financial Markets Association to hold a conference
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07:12 EDTPRUWells Fargo to hold a conference
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February 20, 2015
08:02 EDTLNCEntercom gets request for added info from DOJ on Lincoln deal
Entercom (ETM) disclosed in a regulatory filing last night that the company received a request for additional information and documentary material, often referred to as a “second request,” from the Department of Justice in connection with the company’s previously announced agreement with Lincoln National Life (LNC) to acquire all of the outstanding shares of capital stock of Lincoln Financial Media Company from Lincoln. The second request was issued under the HSR Act. Consummation of the transaction is conditioned on expiration of the waiting period applicable under the HSR Act. Issuance of the second request extends the waiting period under the HSR Act until 30 days after both parties to the stock purchase agreement have substantially complied with the second request, unless the waiting period is terminated earlier by the DOJ or the parties voluntarily extend the time for closing. The second request, however, may delay the consummation of the transaction beyond the second quarter of 2015, as originally disclosed by the company, Entercom said.
February 18, 2015
11:44 EDTLNCLincoln National management to meet with Sterne Agee
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February 17, 2015
18:06 EDTHIGPaulson & Co gives quarterly update on stakes
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