All Posts Tagged With: "PFG"
(PFG) Principal Financial Group Guides – Approves Buyback
Principal Financial Group Inc. (PFG) guides its 2012 operating earnings in a band of $3.05–$3.25 per share. The Zacks Consensus Estimate for 2012 is $3.17, toward the high end of the company’s guidance.
The...
(SFG) StanCorp Financial Group Analyst Upgrades Shares
We are upgrading the recommendation on StanCorp Financial Group Inc. (SFG) to Neutral from Underperform on the back of strong third quarter results. Overall benefit ratio declined compared with the last two...
(AIZ) Assurant Suffers High Catastrophe Loss – Hurts Second Quarter Earnings
Assurant Inc. (AIZ) has reported second quarter 2011 operating earnings of 76 cents per share, missing the Zacks Consensus Estimate by 8 cents and significantly lagging the prior-year quarter’s earnings...
(PFG) Principal Financial Group to Take Over Origin
Yesterday, Principal Global Investors, LLC, a unit of Principal Financial Group (PFG), announced that it would purchase a 74% stake in London-based Origin Asset Management, LLP.
The acquisition of Origin...
(SFG) StanCorp Financial Group Upgraded
We are upgrading StanCorp Financial Group Inc. (SFG) to Neutral from Underperform based on its excellent underwriting track record, continued better performance at Asset Management segment as well as active...
(SFG) Rating Action on StanCorp Financial Group
A.M. Best has affirmed the issuer credit rating (ICR) of “bbb+” and debt ratings of “bbb+” on $250 million 6.875% senior unsecured notes, due 2012 and “bbb-” on $300 million 6.900% junior subordinated debentures, due 2067 of StanCorp Financial Group...
(AIZ) Assurant Closes Reinsurance Deal
Yesterday, Assurant Specialty, a unit of Assurant Inc. (AIZ) has announced its comprehensive catastrophe (CAT) reinsurance program so as to shield itself from losses in 2011 that looms ahead as an above-average...
(PFG) Principal Financial Group Analyst Maintains Neutral on Shares
Principal Financial Group Inc. (PFG) continues to post solid growth in assets under management. Also, the company continues to effectively deploy $700 million of capital. Moreover, Principal Financial scores...
(PFG) Principal Financial Beats Top Line Estimates
Principal Financial’s (PFG) first quarter operating earnings of 71 cents per share modestly surpassed the Zacks Consensus Estimate by a penny. Results were ahead of 69 cents earned in the prior-year quarter....
(AA) Company News for May 03, 2011 – Corporate Summary
• Arch Coal, Inc. (NYSE:ACI) and International Coal Group, Inc. (NYSE:ICO) announced that they have signed a definitive agreement under which Arch will acquire all...
(SFG) StanCorp Financial Group Beats on Top Line
StanCorp Financial Group (SFG) reported first-quarter 2011 earnings of 76 cents per share from continuing operations, in line with the Zacks Consensus Estimate. Earnings also fell behind the year-ago result...
(CHSI) Catalyst Health Solutions Prices 5.5 Million Share Offering
Catalyst Health Solutions, Inc. (CHSI) has priced its public offering of 5.5 million shares of common stock at a price of $53.00 per share.
According to the Securities and Exchange Commission, Catalyst...
(PFG) Principal Financial Group Expands in Mexico
Principal Financial Group, S.A. de C.V., has agreed to acquire HSBC AFORE, S.A. de C.V. (HAFO) from Grupo Financiero HSBC, S.A. de C.V., as announced by The Principal Financial Group Inc. (PFG). HSBC Afore,...
(ANF) Company News for December 2, 2010 – Corporate Summary
• PepsiCo (NYSE:PEP) announced plans to acquire a 66% stake in Wimm-Bill-Dann (NYSE:WBD) for $3.8 billion
• Toll Brothers (NYSE:TOL) reported fiscal fourth quarter earnings of $0.30 a share that included a tax benefit, versus consensus expectations for a loss...
(AIG) Insurance Industry Stock Update – August 2010 – Industry Outlook
After enduring stress with respect to pricing pressure and reduced insured exposure through mid-2009, the overall health of the U.S. insurance industry has improved to a great extent in 2010. Though the market turmoil forced many companies to take immense write-downs, the...
(LNC) Lincoln National Corporation Plans to Repay TARP
Lincoln National Corp. (LNC) is gearing up to repay the bailout money. Dennis Glass, the company’s President and CEO, said at an investor presentation yesterday that this acceleration follows a successful...
(PFG) Principal Financial Group Reports Earnings Ahead of Estimates
Principal Financial Group Inc. (PFG) reported first quarter earnings of $255.6 million or 79 cents per share, beating the Zacks Consensus Estimate of 68 cents. The company had earned $164.0 million or 63 cents...
(AIG) Insurance Industry Stock Update – May 2010 – Industry Outlook
The turmoil in the financial markets created a highly challenging environment for the U.S. insurance industry, forcing many companies to take immense write-downs. In 2010, the overall situation has improved to a great extent and the worst of the crisis appears to be now behind...
(MFC) Manulife Financial Corporation Expands in China
Manulife Financial Corporation (MFC) is continuously growing its operations in China. Recently, the China Insurance Regulatory Commission (CIRC) has approved Manulife-Sinochem, Manulife’s joint venture...
(AIG) Insurance Industry Stock Update – February 2010 – Industry Outlook
The turmoil in the financial markets has created a highly challenging environment for the U.S. insurance industry, forcing many companies to take immense write-downs. This trend is expected to continue at least through the first half of 2010, though there are some early signs...
(MFC) Manulife Financial Corporation’s Ratings Lowered by Standard & Poor’s Ratings Services
Manulife Financial Corporation’s (MFC) long-term counterparty credit ratings were lowered by Standard & Poor’s Ratings Services to ‘A+’ from ‘AA-’. The outlook assigned...
($AIG) Insurance Industry – Industry Outlook
The turmoil in the financial markets has created a highly challenging environment for the U.S. insurance industry, forcing many companies to take immense write-downs. This trend is expected to continue at least through the first half of 2010, though there are some early signs...
(MFC) Manulife Financial Corporation Gets Moody’s Upgrade
Manulife Financial Corporation’s (MFC) ratings outlook has been upgraded to “stable” from “negative” by Moody’s Investors Service (
4Dec2009 | vitalstocks | 0 comments | Continued(PFG) A.M. Best Affirms Principal Financial Group Ratings
Principal Financial Group Inc. (PFG) and its subsidiaries’ ratings have recently been affirmed by A.M. Best Company. The rating agency has affirmed Principal’s issuer credit ratings (ICR) of “a-”...
(PFG) Principal Financial Group – Bull of the Day
We are upgrading our recommendation on the shares of Principal Financial (PFG) to Outperform. The company’s third quarter operating earnings were much ahead of the Zacks Consensus Estimate, driven primarily...
(PFG) Principal Financial Group Beats The Street
Principal Financial Group’s (PFG) third quarter earnings of 74 cents a share were ahead of the Zacks Consensus Estimate of 64 cents. This excludes net realized investment gains and losses. The company had...
(LNC) Lincoln National Corporation Beats Consensus Earnings Estimates
Lincoln National Corp. (LNC) reported operating earnings of 84 cents in the third quarter, which was ahead of the Zacks Consensus Estimate of 80 cents. The company had earned $1.16 per share on an operating...
(MFC) Manulife Financial Corporation Completes AIC Deal
Manulife Financial Corporation (MFC) has closed the transaction to purchase AIC’s Canadian retail investment fund business. This acquisition significantly expands Manulife’s wealth management reach.
All AIC funds in Canada will now be managed...
(LNC) Lincoln Sells Asset Management Unit
Lincoln National Corporation (LNC) has agreed to sell its asset management unit, Delaware Investments, to Macquarie Group for approximately $428 million in cash. Macquarie Group is a Sydney, Australia-based leading investment bank.
The deal is expected...
(PFG) Principal’s Winning Website – features for its Retirement Plan participants
Principal Financial Group’s (PFG) defined contribution plan sponsor website has been ranked first for three consecutive quarters by DALBAR. Additionally, Principal’s defined contribution plan participant site was ranked in DALBAR’s top 10. DALBAR is...