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Stock Market & Financial Investment News

News Breaks
July 11, 2014
17:18 EDTCNOPaulson & Co. lowers stake in CNO Financial to 4.7% from 7.7%
News For CNO From The Last 14 Days
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July 30, 2015
11:24 EDTCNOCNO Financial 'encouraged' by activity in bankers' distribution channel
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10:24 EDTCNOCNO Financial lowers FY15 sales growth view to 1%-3% from 3%-6%
CNO Financial adjusted its FY15 consolidate sales growth guidance to 1%-3%, with sales growth guidance for Bankers Life adjusted to flat to down 3%, sales growth guidance for Washington National adjusted to 3%-5% and sales growth guidance for Colonial Penn increased to 12%-15%. CNO said increasing ROE over time "remains a priority," with the pace and trajectory of its ROE build to be dependent on traction with its organic growth initiatives and effectively managing headwinds. CNO sees its 2015 share repurchases to range from $350M-$425M "absent compelling alternatives. In April, CNO Financial had guided to sales growth of 3%-6% for FY15. Updated guidance in earnings presentation slides.
July 29, 2015
16:51 EDTCNOCNO Financial reports Q2 EPS 31c, consensus 34c
Reports Q2 revenue $959.5M, consensus $967.47M.
06:31 EDTCNOCNO Financial assumed with an Outperform at Keefe Bruyette
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