All Posts Tagged With: "LNC"
(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...
(LNC) Lincoln National Corporation Increases Dividend by 60%
Despite basking in a modest third quarter, yesterday, the board of Lincoln National Corp. (LNC) has announced a significant 60% increase in its quarterly dividend to 8 cents per share from the previous pay...
(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...
(LNC) Lincoln National Rating Action
Lincoln National Corp. (LNC) experienced ratings actions on its freshly issued senior unsecured notes from both Moody’s Investors Service of Moody’s Corp. (
24Jun2011 | vitalstocks | 0 comments | Continued(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...
(RAA) Insurance Industry Stock Update – May 2011 – 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 some extent in recent quarters. Though the market turmoil forced many companies to take immense write-downs,...
(HIG) Hartford Financial Services Group Beats The Street
Hartford Financial Services Group Inc. (HIG) reported its first-quarter adjusted core earnings of $494.0 million or 97 cents per share, modestly beating the Zacks Consensus Estimate of 95 cents. Additionally,...
(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....
(UNM) Unum Group Analyst Reiterates Shares at Neutral
Owing to unemployment and sluggish economic recovery that are expected to delay new business accrual and exert pressure on premium growth coupled with low interest rates that are expected to impact investment income and reserving practices, we reiterate out Neutral recommendation...
(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,...
(HIG) Hartford Financial Services Group Earnings Miss – Company Doubles Dividend
Hartford Financial Services Group Inc. (HIG) reported its fourth-quarter adjusted core earnings of $451.0 million or 91 cents per share, lagging the Zacks Consensus Estimate of 96 cents. Additionally, Hartford...
(LNC) Lincoln National Fourth Quarter Earnings Lag Forecast on Higher Charges
Lincoln National Corporation’s (LNC) fourth quarter operating earnings per share of 82 cents came in way behind the Zacks Consensus Estimate of 88 cents and 90 cents recorded in the prior-year quarter.
Results...
(AIG) Will American International Group Sell Its Blackstone Stake?
In an attempt to repay the government bailout, American International Group Inc. (AIG) is planning to dispose its $510 million stake in The Blackstone Group (
3Jan2011 | vitalstocks | 0 comments | Continued(AIG) American International Group Implements Recapitalization Plan
After much mulling over the past several weeks, yesterday American International Group Inc. (AIG) gave its thumbs up to execute the recapitalization plan for exiting the US taxpayers loan curriculum, as per...
(AIG) American International Group Postpones Equity Unit Offering
Briskly moving ahead with its recapitalization program, on Wednesday, American International Group Inc. (AIG) announced a further extension of 74.48 million of its equity units exchange offering to November...
(LNC) Lincoln National Investors Get Early Christmas
After successfully reconstructing its debt, Lincoln National Corp. (LNC) made yesterday eventful by outlining a number of ways to return wealth to shareholders, which includes a dividend hike, resumption of...
(HIG) Hartford Financial Services Group Earnings Exceed – Guidance Increased
Hartford Financial Services Group Inc. (HIG) reported its third-quarter adjusted earnings of $485.0 million or 98 cents per share, surpassing the Zacks Consensus Estimate of 97 cents. The improved showing...
(AIG) American International Group on Path to Exit TARP
After numerous mind-wrecking sessions over a fortnight, on Thursday, American International Group Inc. (AIG) and the U.S. Federal Reserve have finally charted out a scheme to free the company from the exorbitant...
(LNC) Lincoln National and Hartford Financial Services Group Warrants on Sale
As part of the bailout funds repayment by the insurers through the Troubled Asset Relief Program (TARP), the US Treasury Department plans to conduct auctions to dispose of its remaining warrants held in Lincoln National Corporation (
8Sep2010 | vitalstocks | 0 comments | Continued(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 Earns A.M. Best Ratings
On June 22, A.M. Best Co. allotted a debt rating of “a-” to the senior unsecured notes of Lincoln National Corporation (LNC), keeping the outlook stable. In conjunction with assigning ratings,...
(LNC) Lincoln National Raises Money Through Offering to Exit TARP
In an attempt to repay its $950 million government bailout fund, Lincoln National Corp. (LNC) announced its intention to raise money through equity and debt offering. As a result, on Monday, the company publicly...
(LNC) Lincoln National Completes $2 Billion Credit Line
Expanding its debt restructuring initiatives, on Thursday, Lincoln National Corp. (LNC) announced the closure of its bank credit facility worth $2 billion. This includes a 4-year credit agreement of $1.5 billion...
(UNM) Unum Group Announces Share Repurchase
As a part of its incessant effort to enhance value for it shareholders, the board of directors of Unum Group (UNM) announced a share repurchase authorization and an increase in the quarterly dividend on May...
(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...
(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...
(LNC) Lincoln National Analyst Initiates Coverage at Neutral
We have recently initiated coverage on Lincoln National Corp. (LNC) with a Neutral recommendation. The company’s fourth quarter earnings were substantially ahead of the Zacks Consensus Estimate due to increased...
(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...
(LNC) Lincoln National Corporation Betters Expectations
Life insurance and annuity company Lincoln National Corp.’s (LNC) fourth quarter earnings of 90 cents per share were ahead of the Zacks Consensus Estimate of 83 cents. Last year, the company reported a loss...
(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...