|
|
News Breaks | | | | January 2, 2013 | | 12:38 EDT |  | MET, HIG, PRU, LNC | U.S life insurers spike on improved 10-year yield
U.S life insurer stocks are outperforming the broader market as the negotiations to avert the fiscal cliff improved the 10-year yield to over 1.82%. Life insurance stocks have been hurt by very low yields from Treasuries for years. In mid-day trading, MetLife (MET) is up 6.25% to $35, Hartford Financial (HIG) is up 4.1% to $23.38, Prudential (PRU) is up 3.5% to $55.18, and Lincoln National (LNC) is up 4.45% to $27. | |
|
News For MET;HIG;PRU;LNC From The Last 14 Days Check below for free stories on MET;HIG;PRU;LNC the last two weeks. |
|
|
| May 21, 2013 | | 11:24 EDT | | MET | MetLife to merge offshore reinsurance unit into U.S. regulated entity
In a regulatory filing, MetLife disclosed that it intends to merge offshore captive reinsurer into a U.S. regulated entity. | | | 10:45 EDT |  | MET | MetLife says low interest rates may cost annuity business $2.5B, Bloomberg says
MetLife says the continued low interest rate environment may cost the company around $2.5B after three-to-five years in the U.S. variable annuity business, reported Bloomberg. Reference Link | | | 08:44 EDT | | PRU | Regulators to soon vote on non-banks, WSJ reports
 Subscribe for More Information | | | May 16, 2013 | | 08:39 EDT | | HIG | Hartford Financial hires Deutsche to find buyer for Japan unit, Bloomberg says
Hartford Financial Services (HIG) engaged Deutsche Bank (DB) to seek a buyer for its Japanese annuity unit, according to Bloomberg, citing people with knowledge of the matter. Reference Link | | | 08:33 EDT |  | HIG | BofA/Merrill's gobal financial analysts hold an analyst/industry conference call
Global Financial Institutions Analysts discuss their Global Financials Quarterly Best Ideas Report on an Analyst/Industry conference call. Relevant companies AIG, ALL, ASBC, BCH, BKU, BBT, BBD, C, CMA, EVER, FITB, FHN, FRC, FULT, HBAN, ING, KEY, MTB, PNC, RF, STI, SUSQ, SNV, HIG, USB, WFC, XL and ZION may be included on the Analyst/Industry conference call to be held on May 16 at 10 am. | | | 06:35 EDT |  | LNC | Lincoln National downgraded to Underperform from Neutral at Credit Suisse
Subscribe for More Information | | | May 15, 2013 | | 17:36 EDT | | HIG | Paulson gives quarterly update on stakes
Subscribe for More Information | | | 13:13 EDT |  | HIG | Hartford Financial price target raised to $35 from $28 at Argus
Subscribe for More Information | | | 11:48 EDT | | PRU | Appaloosa reports new stakes in Comcast, Ashland, sells Oracle
David Tepper's Appaloosa in its quarterly filing report new positions in Comcast (CMCSA), Prudential (PRU), Hess Corp. (HES), Check Point (CHKP), KBR (KBR) and Ashland (ASH). The fund sold its stakes in Oracle (ORCL) and Noble Corp. (NE). Appaloosa's top position is in Citigroup (C), with a stake worth over $376.9M. | | | 10:13 EDT |  | PRU | On The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: Aeropostale (ARO) upgraded to Outperform from Market Perform at BMO Capital... Gap (GPS) upgraded to Buy from Neutral at Citigroup... PS Business Parks (PSB) upgraded to Market Perform from Underperform at BMO Capital... Redwood Trust (RWT) upgraded to Outperform from Market Perform at FBR Capital... Regal-Beloit (RBC) upgraded to Outperform from Neutral at Credit Suisse... Unilever (UN) upgraded to Buy from Reduce at Nomura... Prudential (PRU) upgraded to Buy from Hold at Argus... Inergy, L.P. (NRGY) upgraded to Overweight from Neutral at JPMorgan... Noble Energy (NBL) upgraded to Buy from Hold at Stifel... Halcon Resources (HK) upgraded to Buy from Hold at Stifel. | | | | 08:39 EDT | | MET | MetLife to host investor day
Subscribe for More Information | | | 07:33 EDT | | PRU | Prudential upgraded to Buy from Hold at Argus
Subscribe for More Information | | | May 13, 2013 | | 10:09 EDT | | PRU | On The Fly: Analyst Downgrade Summary
Subscribe for More Information | | | 10:09 EDT | | HIG | On The Fly: Analyst Upgrade Summary
Subscribe for More Information | | | 07:29 EDT | | PRU | Prudential downgraded to Neutral from Buy at BofA/Merrill
Subscribe for More Information | | | 06:23 EDT | | HIG | Hartford Financial upgraded to Overweight from Equal Weight at Barclays
Subscribe for More Information | |
|
|
|
|
|
|
