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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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October 28, 2014
07:35 EDTTMKTorchmark recent pullback overdone, says Deutsche Bank
Deutsche Bank says the recent pullback in shares of Torchmark is overdone and provides a compelling entry point into the name. The firm expects pressure from the company's small Health-Part D business to ease in 2015, and notes it still wants Torchmark to exit the business. Deutsche lowered its price target for shares to $59 from $63 following the company's Q3 results and keeps a Buy rating on the stock.
October 23, 2014
16:00 EDTTMKTorchmark sees FY15 EPS $4.15-$4.55, consensus $4.48
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16:00 EDTTMKTorchmark lowers FY14 EPS $4.00-$4.04 from $4.05-$4.15
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October 22, 2014
16:10 EDTTMKTorchmark reports Q3 EPS 99c, consensus $1.03
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15:30 EDTTMKNotable companies reporting after market close
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