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Stock Market & Financial Investment News

News Breaks
July 23, 2014
16:20 EDTTMKTorchmark reports Q2 EPS $1.02, consensus $1.03
American Income Agency was Torchmark's leading contributor to total underwriting margin of $70M, on premium revenue of $210M. Net life sales were $45M, up 9% compared to the year-ago quarter. Direct Response was Torchmark's second leading contributor to total underwriting margin of $47M, on premium revenue of $190M. LNL Agency was Torchmark's third leading contributor to total underwriting margin of $31M, on premium revenue of $124M. UA Independent Agency was Torchmark's leading contributor to health underwriting margin of $15M, on health premium of $76M. Family Heritage Agency was Torchmark's third leading contributor to health underwriting margin of $10M on health premiums of $51M.
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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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