Life & Health Insurance

JP Morgan is transitioning lead analyst coverage of CNO Financial Group, Inc. (NYSE: CNO) and maintaining a Neutral rating. “CNO's earnings and capital have stabilized, and we expect it to begin generating meaningful excess capital,” JP Morgan writes. “However, we forecast the ROE to improve at a...

Shares of MetLife Inc (NYSE: MET) gained about 0.8% after Franco-Belgian financial services group Dexia SA (OTC: DXBGF) agreed to sell its Turkish life insurance business to MetLife for 162 million euros ($229.3 million). The transaction is likely to close by the end of 2011. MetLife will buy Dexia...

Scotia Capital is out with its report today on Aflac (NYSE: AFL), reiterating Sector Outperform on AFL. In a note to clients, Scotia Capital writes, "AFL aims to complete the de-risking strategy by YE2011, which, in our view, will remove one of the overhangs on the stock. We believe incremental...

Franco-Belgian financial services group Dexia SA (OTC: DXBGF) agreed to sell its Turkish life insurance business to MetLife Inc (NYSE: MET) for 162 million euros ($229.3 million). The transaction is likely to close by the end of 2011. MetLife will buy Dexia's 99.86% stake in DenizEmeklilik, the...

Here are today's Put/Call Ratio leaders… 1. Carrizo Oil and Gas Inc. (NASDAQ: CRZO) 2,657 puts, 71 calls 2. AFLAC Inc. (NYSE: AFL) 5,519 puts, 208 calls 3. H&R Block Inc. (NYSE: HRB) 7,288 puts, 302 calls 4. Citrix Systems Inc. (NASDAQ: CTXS) 2,618 puts, 130 calls 5. Computer Sciences Corp. (...

TruthisTreason.net – Kevin Hayden Source: Central Intelligence Agency (CIA) The Central Intelligence Agency often reports interesting tidbits in their online publication, The World Factbook.  A reader sent me a link pointing towards the “current account balance” of all the countries in the world. ...

TruthisTreason.net – Kevin Hayden Source: Central Intelligence Agency (CIA) The Central Intelligence Agency often reports interesting tidbits in their online publication, The World Factbook.  A reader sent me a link pointing towards the “current account balance” of all the countries in the world. ...

Aflac Incorporated (NYSE: AFL) announced today that it has filed an amended shelf registration with the Japanese authorities to issue debt securities up to 100 billion yen. The original shelf registration was filed in November 2009. As part of the filing, the company provided an update on its...

Lincoln National Corporation (NYSE: LNC) today announced that it has called for the redemption of all $275 million in outstanding 6.75% Capital Securities due 2066 issued by Lincoln National Corporation (CUSIP 534187 80 2). The Capital Securities will be redeemed at a price of $25.00 per security...

Shares of Jefferies Group Inc (NYSE: JEF) fell about 1.3% after the company reported a 3.8% drop in its fiscal second-quarter profit on Tuesday. Jefferies reported its quarterly profit at $80.6 million, or $0.36 per share, down from $83.8 million, or $0.41 per share, in the year-earlier period....

Delphi Financial Group, Inc. (NYSE: DFG) announced today that Stephan A. Kiratsous has been named Executive Vice President and Chief Financial Officer, a newly-created position. Mr. Kiratsous joins Delphi Financial from Credit Suisse, where he has served since 2007 as Managing Director and head of...

Bank of America Reiterates Buy on Aflac (NYSE: AFL). In a research report published today, Bank of America issued a warning on potential investment losses, however. In the report, Bank of America states, "Trading at less than 7x our 2012 operating EPS estimate, we think that the risk of elevated...

Aegon NV (NYSE: AEG) issued its growth forecast for the next few years ahead of an Analyst & Investor Conference in London. Aegon projects pretax profit growth of 7% to 10% per annum between 2010 and 2015. It also projects to achieve a return on equity of 10% to 12% by 2015. Aegon plans to...

Cusick's Corner "Slump? I ain't in no slump...I just ain't hitting." That's a quote from Yogi Berra and if you talk to someone who is long, this is what the trader would most likely say. While the market did finally break the weekly losing streak, you can't ignore that we have seen some decent...

Torchmark (NYSE: TMK) has “outperformed the S&P 500 and S&P Life Insurance Indices during the past one, three, five, ten and twenty years,” Bank of America reports. “This consistent, strong showing relative to the market and peer companies may surprise some as Torchmark has long been...