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Sterne Agee Reports On MetLife
Monday, July 25, 2011 - 12:13pm | 47According to Sterne, Agee & Leach, MetLife (NYSE: MET), expectations have been set. Sterne, Agee & Leach has set a rating of Buy and a PT of $58. They expect MetLife to outperform over the next 12 months. MetLife closed on Friday at $41.74.
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Earnings Expectations for the Week of July 25
Sunday, July 24, 2011 - 9:40am | 1439The earnings crunch continues this week even as the month of July winds to a close. Quarterly reports of note scheduled for the week include those from Netflix (NASDAQ: NFLX), United Parcel Service (NYSE: UPS), Exxon Mobil (NYSE: XOM), Starbucks (NASDAQ: SBUX), Merck (NYSE: MRK) and Dow Chemical (...
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Options Brief: Unum Group
Friday, July 22, 2011 - 1:55pm | 77Shares of Unum Group (NYSE: UNM) are lower on the session by 0.89%, trading at $25.59. Overall put volume is now running at 92.35x the daily average, with 71% of all puts traded being purchases on the offer. 6,095 contracts have traded on the session so far. Unum Group and its insurance and non-...
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Ameriprise Financial Earnings Preview: Analyts Expect Rising Revenue from Prior Quarter
Friday, July 22, 2011 - 12:09pm | 576Ameriprise Financial (NYSE: AMP) unveils its next round of earnings this Wednesday, July 27, 2011. Here is Benzinga's everything-that-matters guide for this Wednesday's second quarter earnings announcement. Earnings and Revenue: Analysts are predicting an EPS reading of $1.34 per share and...
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Earnings Preview: AFLAC Incorporated Revenue Expected to Rise from Previous Quarter
Friday, July 22, 2011 - 11:38am | 560AFLAC Incorporated (NYSE: AFL) announces its next round of earnings this Wednesday, July 27, 2011. Get the latest predictions in Benzinga's essential guide to the company's second quarter earnings report. Earnings and Revenue: Analysts are predicting an EPS reading of $1.54 per share and...
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Companies Trading Lower After Releasing Earnings
Friday, July 22, 2011 - 11:18am | 116Avid Tech (NASDAQ: AVID) is trading down over 20% after releasing Q2 earnings. StanCorp Financial Group (NYSE: SFG) is trading down over 14% after releasing Q2 earnings. AMCOL International (NYSE: ACO) is trading down nearly 13% after releasing Q2 earnings. Healthways (NASDAQ: HWAY) is trading...
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Bank of America Reiterates Buy and PT of $41 on Lincoln National
Friday, July 22, 2011 - 8:27am | 49Bank of America reiterated its Buy rating on Lincoln National (NYSE: LNC). At the same time, the rating agency left its price target on the company's stock unchanged at $41. On Thursday, LNC added 2.29% to its value to end the day at $27.73.
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Benzinga's Top Downgrades
Friday, July 22, 2011 - 7:18am | 133Analysts at FBR Capital downgraded StanCorp Financial Group Inc (NYSE: SFG) from “outperform” to “market perform.” SFG's stock closed at $41.22 yesterday. StanCorp Financial's trailing-twelve-month ROA is 1.06%. Analysts at Robert W. Baird downgraded Swift Transportation Company LLC (NYSE: SWFT)...
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Wunderlich Securities Reiterates Hold and PT of $47 on StanCorp Financial Group
Friday, July 22, 2011 - 4:13am | 49Wunderlich Securities reiterated its Hold rating on StanCorp Financial Group (NYSE: SFG). At the same time, the rating agency left its price target on the company's stock unchanged at $47. On Thursday, SFG lost 0.53% of its value to finish the day at $41.22.
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MetLife May Sell Bank Unit -WSJ
Thursday, July 21, 2011 - 12:36pm | 36MetLife (NYSE: MET), the largest life insurer in the U.S., said it was exploring the sale of its much smaller banking operations to avoid new federal regulations.
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Wunderlich Has Hold Rating On StanCorp Financial Group
Thursday, July 21, 2011 - 9:12am | 160Wunderlich Securities is maintaining its Hold rating and $47 price target on shares of StanCorp Financial Group Inc. (NYSE: SFG), as it previews earnings. In a note to clients, Wunderlich Securities writes, "StanCorp Financial Group (SFG) is expected to report 2Q11 results today, July 21, after...
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Wunderlich Securities Reiterates Hold and PT of $47 on StanCorp Financial Group
Thursday, July 21, 2011 - 3:30am | 49Wunderlich Securities reiterated its Hold rating on StanCorp Financial Group (NYSE: SFG). At the same time, the rating agency left its price target on the company's stock unchanged at $47. On Wednesday, SFG added 1.22% to its value to end the day at $41.44.
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Mad Money Lightning Round: Cramer Likes International Paper
Wednesday, July 20, 2011 - 1:24am | 216On CNBC's Mad Money, Jim Cramer said during the Lightning Round that UGI Corp (NYSE: UGI) is “another local stock to me. That is a terrific little company and I'm a buyer." He said that AFLAC (NYSE: AFL) is “one of the few insurers I don't want to own. I don't like their portfolio." For Advance...
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Doug Kass Long Insurers
Monday, July 18, 2011 - 3:22pm | 67Doug Kass tweeted that he is long three different insurers, which he believes are being unfairly taken down with the banks. Kass is long Lincoln Financial (NYSE: LNC), Prudential (NYSE: PRU) and MetLife (NYSE: MET).
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The Phoenix Companies Announces Strategic Partnership with Legacy Marketing Group
Monday, July 18, 2011 - 10:02am | 102The Phoenix Companies, Inc. (NYSE: PNX) today announced a strategic alliance with the Legacy Marketing Group, an independent marketing organization that partners with insurance companies to design and market proprietary fixed annuity products. This collaboration will allow the two organizations...