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Stock Market & Financial Investment News

News Breaks
January 2, 2013
12:38 EDTLNC, MET, PRU, HIGU.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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January 30, 2015
07:05 EDTPRUPrudential initiated with a Buy at Jefferies
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January 29, 2015
16:12 EDTLNCLincoln National initiated with a Hold at Jefferies
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07:26 EDTPRUIndependent Petroleum Association of America to hold a conference
Private Capital Conference is being held in Houston, Texas on January 29.
January 26, 2015
08:53 EDTMETBig name mortgage investors take step toward Ocwen lawsuit, Reuters says
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January 25, 2015
19:05 EDTHIGInsurance companies probed over rejected Hurricane Sandy claims, Bloomberg says
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January 22, 2015
10:03 EDTLNCOn the Fly: Analyst Downgrade Summary
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09:03 EDTMETMetLife assigned favorable judge in SIFI case, says Sterne Agee
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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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