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Stock Market & Financial Investment News

News Breaks
May 22, 2014
08:08 EDTLNCLincoln National board authorizes additional securities repurchase capacity
Lincoln Financial announced that the board declared a quarterly cash dividend of 16c per share on the corporationís common shares. The dividend on the common stock will be payable August 1 to shareholders of record at the close of business on July 10. The board of directors also approved an increase to the corporationís authority to repurchase its securities bringing the total repurchase authority up to $1B. Under this authority and without further announcement, the corporation may repurchase securities in such amounts at such times, as it deems appropriate. Purchases may be made on the various stock exchanges, by block trades, in privately negotiated transactions, or by other means. The repurchase authority does not have a termination date.
News For LNC From The Last 14 Days
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January 30, 2015
10:00 EDTLNCOn The Fly: Analyst Initiation Summary
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January 29, 2015
16:12 EDTLNCLincoln National initiated with a Hold at Jefferies
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January 22, 2015
10:03 EDTLNCOn the Fly: Analyst Downgrade Summary
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08:04 EDTLNCLincoln National downgraded at BofA/Merrill
As previously reported, BofA/Merrill downgraded Lincoln National to Neutral from Buy. The firm cites unfavorable macro conditions and likely negative earnings revisions in the coming months for the downgrade. Price target is $56.
06:52 EDTLNCLincoln National downgraded to Neutral from Buy at BofA/Merrill

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