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Goldman Upgrading Lincoln National (LNC)
Wednesday, December 15, 2010 - 8:28am | 195Goldman Sachs is upgrading shares of Lincoln National Corporation (NYSE: LNC) to Buy. In a note sent to clients Goldman writes, "We believe Lincoln's leverage to rising interest rates and stronger equity markets is greater than that of its peers due to its large variable annuity and secondary...
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Rating Action on Delphi - Analyst Blog
Tuesday, December 14, 2010 - 7:33pm | 370Yesterday, Delphi Financial Group Inc., (DFG) and its primary life and health insurance units, Reliance Standard Life Insurance Co. and First Reliance Standard Life Insurance Co. both received an affirmation of “A” for financial strength rating (FSR) and “a” for issuer credit ratings (ICR) from...
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Rating Action on Delphi - Analyst Blog
Tuesday, December 14, 2010 - 7:03pm | 370Yesterday, Delphi Financial Group Inc., (DFG) and its primary life and health insurance units, Reliance Standard Life Insurance Co. and First Reliance Standard Life Insurance Co. both received an affirmation of “A” for financial strength rating (FSR) and “a” for issuer credit ratings (ICR) from...
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CNO Announces Departure of Executive VP, Technology and Operations
Tuesday, December 14, 2010 - 11:42am | 56CNO Financial Group, Inc. (NYSE: CNO) today announced that Russell Bostick, executive vice president of technology and operations, has left CNO to pursue other opportunities. A search is underway for a new leader for technology and operations, and the company anticipates that the search will be...
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Compugen Announces Positive Therapeutic Effect of CGEN-15001 (CGEN)
Tuesday, December 14, 2010 - 8:44am | 620Compugen Ltd. (NASDAQ: CGEN) announced today that administration of CGEN-15001 in an animal model of rheumatoid arthritis (RA) dramatically ameliorates the clinical symptoms of the disease. These results, combined with earlier results in an animal model of multiple sclerosis (MS), strongly support...
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12-13-10 Daily Small Cap Market News and Stock Highlights from SmallCapVoice.com
Monday, December 13, 2010 - 12:43pm | 4192David K. Randall, AP Business Writer Stocks rise, bonds fall ahead of Senate tax vote Stocks open higher as Senate prepares for vote to extend tax cuts; bonds fall early NEW YORK (AP) — Expectations that the Senate will vote to extend tax cuts helped fuel early gains in the stock market Monday....
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Goldman Neutral On MetLife
Monday, December 13, 2010 - 8:45am | 136Goldman Sachs recently spent a week with MetLife Inc. (NYSE: MET) management, and is more constructive on the name, but still has a Neutral rating on shares. It did raise its price target to $48 from $42. In a note sent to investors, Goldman writes, "This week we hosted a dinner with MetLife's CFO...
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News Lifts Major Averages Friday 12-10-2010
Friday, December 10, 2010 - 7:25pm | 746Cusick's Corner Rates at 0%, bond yields plummeting, cash is in the market and the Bull is fully vested at this stage. While you will still hear the word “oversold” for weeks to come, that's positive for the market, especially since we settled at levels not seen since '08. Hit the blog www....
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Rating Action on Principal Fin. - Analyst Blog
Friday, December 10, 2010 - 1:57pm | 601A.M. Best Co. affirmed the financial strength rating (FSR) of A+ (Superior) and issuer credit rating (ICR) of “aa-” of Principal Life Insurance Company and Principal National Life Insurance Company, the life insurance operating companies of Principal Financial Group Inc. (PFG). The outlook was...
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Rating Action on Principal Fin. - Analyst Blog
Friday, December 10, 2010 - 12:32pm | 601A.M. Best Co. affirmed the financial strength rating (FSR) of A+ (Superior) and issuer credit rating (ICR) of “aa-” of Principal Life Insurance Company and Principal National Life Insurance Company, the life insurance operating companies of Principal Financial Group Inc. (PFG). The outlook was...
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Morgan Stanley Upgrades PUK To Overweight
Friday, December 10, 2010 - 8:23am | 43Analysts at Morgan Stanley upgrade Prudential Public Limited Company (NYSE: PUK) from "equal weight" to "overweight." PUK shares gained 2.23% to close at $20.61 yesterday. More Analyst Ratings here
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BofA/Merrill Downgrades TMK To Neutral
Friday, December 10, 2010 - 8:14am | 48Analysts at BofA/Merrill downgrade Torchmark Corporation (NYSE: TMK) from "buy" to "neutral." The target price for TMK is set to $69. TMK shares rose 0.10% to close at $61.79 yesterday. More Analyst Ratings here
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Watch Relationships 12-09-2010
Thursday, December 9, 2010 - 7:23pm | 882Cusick's Corner There are relationships that you watch -- bonds & equities, strength in offensive sectors, XLF, that help traders and investors position. While these relationships often change, faster than my wife's mind about whether she still likes me or not, they are important to watch....
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CNO Financial Sells Credit Facility - Analyst Blog
Thursday, December 9, 2010 - 6:33pm | 363In order to pay down the existing senior credit facility, CNO Financial Group Inc. (CNO) has agreed to sell senior secured notes, and use the proceeds under a new senior secured credit facility along with CNO Financial's available cash. CNO Financial intends to use the proceeds of $300 million...
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CNO Financial Sells Credit Facility - Analyst Blog
Thursday, December 9, 2010 - 6:20pm | 363In order to pay down the existing senior credit facility, CNO Financial Group Inc. (CNO) has agreed to sell senior secured notes, and use the proceeds under a new senior secured credit facility along with CNO Financial's available cash. CNO Financial intends to use the proceeds of $300 million...