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Stock Market & Financial Investment News

News Breaks
May 16, 2014
07:52 EDTTMKTorchmark downgraded at BofA/Merrill
As previously reported, BofA/Merrill downgraded Torchmark to Neutral from Buy. The firm downgraded shares due to relative valuation. Price target is $87.
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July 23, 2014
16:22 EDTTMKTorchmark sees FY14 adjusted EPS $4.05-$4.15, consensus $4.15
The midpoint of $4.10 is 3c lower than projected earlier in the year primarily because Medicare Part D claims and investment income have been negatively impacted by newly approved Hepatitis C drugs.
16:20 EDTTMKTorchmark reports Q2 EPS $1.02, consensus $1.03
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