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AIG to Vend Rail Unit, Fitch Avers Debt - Analyst Blog
Monday, November 22, 2010 - 1:00pm | 780Going ahead with its asset disposal strategy to repay the U.S. government bailout loan, yesterday, American International Group Inc. (AIG) announced its intention to vend its rail-car leasing wing, AIG Rail Service Inc, according to Wall Street Journal. While the price of sale offering and other...
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Zacks Bull and Bear of the Day Highlights: Aflac, Whirlpool, Telephone and Data Systems, AT&T and Verizon Communication - Press Releases
Monday, November 22, 2010 - 11:30am | 1657For Immediate Release Chicago, IL – November 22, 2010 – Zacks Equity Research highlights: Aflac (AFL) as the Bull of the Day and Whirlpool (WHR) as the Bear of the Day. In addition, Zacks Equity Research provides analysis on Telephone and Data Systems (TDS), AT&T Inc. (T) and Verizon...
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Principal Financial's Growth Expectations Forecast
Monday, November 22, 2010 - 9:29am | 181Deutsche Bank has published a research report on Principal Financial Group (NYSE: PFG) after the company hosted management meetings showing ways to access growth. In the report, Deutsche Bank writes "During our recent meetings with management and investors, Principal highlighted its strong...
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AIG to Vend Rail Unit, Fitch Avers Debt - Analyst Blog
Monday, November 22, 2010 - 7:15am | 780Going ahead with its asset disposal strategy to repay the U.S. government bailout loan, yesterday, American International Group Inc. (AIG) announced its intention to vend its rail-car leasing wing, AIG Rail Service Inc, according to Wall Street Journal. While the price of sale offering and other...
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Zacks Bull and Bear of the Day Highlights: Aflac, Whirlpool, Telephone and Data Systems, AT&T and Verizon Communication - Press Releases
Monday, November 22, 2010 - 6:01am | 1657For Immediate Release Chicago, IL – November 22, 2010 – Zacks Equity Research highlights: Aflac (AFL) as the Bull of the Day and Whirlpool (WHR) as the Bear of the Day. In addition, Zacks Equity Research provides analysis on Telephone and Data Systems (TDS), AT&T Inc. (T) and Verizon...
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Aflac, Inc. (AFL) - Bull of the Day
Monday, November 22, 2010 - 3:00am | 195Aflac's (AFL) third quarter earnings came in modestly ahead of the Zacks Consensus Estimate due to improved investment yields and a favorable dollar/yen exchange rate. Higher annual premiums across the U.S. and Japan, healthy capital ratios, credit rating stability and modest improvement in fair...
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Aflac, Inc. (AFL) - Bull of the Day
Sunday, November 21, 2010 - 8:00pm | 195Aflac's (AFL) third quarter earnings came in modestly ahead of the Zacks Consensus Estimate due to improved investment yields and a favorable dollar/yen exchange rate. Higher annual premiums across the U.S. and Japan, healthy capital ratios, credit rating stability and modest improvement in fair...
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American Equity Investment Life Holding Company Declares Dividend of $.10
Friday, November 19, 2010 - 5:00pm | 64American Equity Investment Life Holding Company (NYSE: AEL), today announced that its Board of Directors has declared a cash dividend of $0.10 per share to owners of its common stock. This marks the twelfth consecutive year a cash dividend has been declared and the seventh year in a row that the...
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Moody's Rates Prudential's Notes - Analyst Blog
Friday, November 19, 2010 - 1:31pm | 539The rating agency Moody's Investors Service, an arm of Moody's Corp. (MCO), has conferred a “Baa2” rating to senior unsecured notes worth $1 billion issued recently by Prudential Financial Inc. (PRU). The rating holds an investment grade status and carries a “stable” outlook. These notes were...
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Goldman Sachs Reiterates Unum Group Rating
Friday, November 19, 2010 - 10:08am | 75Goldman Sachs is reiterating its Buy rating on Unum Group (NYSE: UNM). “Interest rate concerns appear limited as Unum Group only has $2.5bn of investable cash flow in 2011 (6% of portfolio), limiting spread pressures and UNM's taking rate increases,” Goldman Sachs writes. “Buybacks are likely to...
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Moody's Rates Prudential's Notes - Analyst Blog
Friday, November 19, 2010 - 8:12am | 539The rating agency Moody's Investors Service, an arm of Moody's Corp. (MCO), has conferred a “Baa2” rating to senior unsecured notes worth $1 billion issued recently by Prudential Financial Inc. (PRU). The rating holds an investment grade status and carries a “stable” outlook. These notes were...
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Mad Money Lightning Round: Cramer Likes Mosaic (MFC, PRU, SAM, TAP, BUD, MOS, DE)
Friday, November 19, 2010 - 4:13am | 163On CNBC's Mad Money, Jim Cramer said during the Lightning Round that Manulife Financial (NYSE: MFC) is an “OK insurance company. Why do I need that one when I have Prudential (NYSE: PRU)." For Boston Beer Company (NYSE: SAM), he said, "The beer business is a happy oligopoly now. I also like Molson...
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Genworth Financial Issues Notes - Analyst Blog
Thursday, November 18, 2010 - 6:03pm | 518Genworth Financial Inc. (GNW) sold senior notes worth $400 million, bearing a coupon of 7.20% and maturing on February 15, 2021. The company increased the offer size from $300 million planned earlier. The company has offered these notes at 99.659% of face value to yield 7.25% if held till...
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Aflac Upped to Outperform - Analyst Blog
Thursday, November 18, 2010 - 4:03pm | 682On Thursday, we upgraded our recommendation on the shares of Aflac Inc. (AFL) to Outperform from Neutral based on its recent dividend hike coupled with the resumption of its stock buyback program, reflecting a fair liquidity and retaining investors' confidence. Besides, Aflac's third quarter...
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AIG Postpones Equity Unit Offering - Analyst Blog
Thursday, November 18, 2010 - 3:33pm | 872Briskly 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 23. With the commencement of the exchange on October 8, AIG had scheduled the expiry of...