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Stock Market & Financial Investment News

News Breaks
January 2, 2013
12:38 EDTMET, HIG, PRU, LNCU.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
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April 22, 2014
10:29 EDTMETMetLife increases Q2 dividend 27% to 35c per share
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07:26 EDTPRUInformation Management Network to hold a conference
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April 16, 2014
10:00 EDTLNCOn The Fly: Analyst Upgrade Summary
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08:56 EDTHIGThe Hartford, IBM announce six-year technology services agreement
The Hartford (HIG) and IBM (IBM) announced a new six-year technology services agreement to implement a new service model that includes a private cloud infrastructure. The Hartford will move to a private cloud-based infrastructure on IBM’s PureFlex System. Under the $500M agreement, IBM will also provide a number of other services related to mainframe, storage, backup and resiliency. The Hartford will define the services it requires, and IBM will be responsible for the solution and delivery of those services.
05:33 EDTLNCLincoln National upgraded to Overweight from Equalweight at Barclays
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April 14, 2014
05:46 EDTLNCLincoln National upgraded to Strong Buy from Outperform at Raymond James
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