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Stock Market & Financial Investment News

News Breaks
January 2, 2013
12:38 EDTPRU, HIG, LNC, METU.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 20, 2015
16:02 EDTHIGHartford Financial names Kathy Bromage Chief Marketing, Communications Officer
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April 17, 2015
16:23 EDTPRUPrudential enters $4B credit agreement with JPMorgan
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April 15, 2015
10:36 EDTMET, PRUBofA/Merrill U.S. credit analysts hold an analyst/industry conference call
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April 14, 2015
10:42 EDTMETWheeler retirement adds uncertainty to MetLife CEO succession, says Wells Fargo
Wells Fargo said the retirement of Metlife's President of the Americas Bill Wheeler was unexpected and adds uncertainty around the issue of CEO succession, since Wheeler was widely viewed as a possible successor to CEO Steve Kandarian. Wheeler's exit leaves the company with no clear front runner to next take up the CEO post, said the firm, which has an Outperform rating on Metlife shares.
10:01 EDTLNCOn The Fly: Analyst Upgrade Summary
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08:45 EDTLNCLincoln National upgraded to Buy from Neutral at BofA/Merrill
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08:36 EDTMETMetLife announces retirement of president of Americas Bill Wheeler
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