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AEGON N.V. (ADR) (NYSE: AEG) Falls after Quarterly Results
Thursday, November 12, 2009 - 10:04am | 138AEGON N.V. (ADR) (NYSE: AEG) today announced sales of $484 million euros, a decline of 22% same quarter last year. Net profit for 3Q was 145 million euros against a net loss of 329 million euros last year due to lower U.S. write downs, better life insurance sales and cost-reduction initiatives...
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Dividend Increases Have Insurance ETF Looking Appealing (KIE)
Wednesday, November 11, 2009 - 3:58am | 131The ETF Professor thinks the SPDR KBW Insurance (NYSE: KIE) could be a good play for investors with a longer-term time horizon. The Professor thinks dividend increases among some of KIE's top holdings could be a positive catalyst for the ETF going forward. Recent dividend hikes from Travelers (NYSE...
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Prudential Hikes Dividend 21%
Wednesday, November 11, 2009 - 3:03am | 84Prudential Financial (NYSE: PRU), the second-largest U.S. life insurance firm, raised its annual dividend by 21% to 70 cents a share after reporting a third consecutive quarterly profit. Prudential currently pays a dividend of 58 cents a share per year and yields 1.2%. There has been a spate of...
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Professor Reiterates Bearish View On Preferred ETFs
Friday, November 6, 2009 - 4:23pm | 180On Tuesday, the ETF Professor told you to take a pass on or short the PowerShares Financial Preferred ETF (NYSE: PGF), which holds preferred shares of Bank of America (NYSE: BAC), J.P. Morgan Chase (NYSE: JPM) and MetLife (NYSE: MET). Given that the Professor was among the first to make this, he...
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Prudential Financial Trading Flat After Reporting Numbers
Wednesday, November 4, 2009 - 5:36pm | 42Prudential Financial (NYSE: PRU) is trading flat after reporting third quarter results. Prudential had Q3 earnings of $1.59 versus what many on the Street expected of $1.33. Prudential topped the revenue view, reporting $6.6 billion vs Street view of $6.65 billion.
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Passing On Preferreds ETF (PGF)
Tuesday, November 3, 2009 - 3:32pm | 151The ETF Professor has been watching the PowerShares Financial Preferred ETF (NYSE: PGF) for a little while now and thinks it's a candidate for a short unless you're an investor with a very long time horizon. PGF holds preferred stocks in firms like Bank of America (NYSE: BAC), J.P. Morgan Chase (...
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Today’s Earnings Preview (EMR, DRIV, CTSH, HIG, UNM, ICE)
Tuesday, November 3, 2009 - 8:41am | 156Analysts predicted Emerson Electric Co. (NYSE: EMR) to report earnings of 60 cents a share in the fourth quarter, according to FactSet. Digital River, Inc. (NASDAQ: DRIV) is likely to report earnings of 41 cents a share in the third quarter, according to analysts polled by FactSet. Analysts...
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Top 5 Stocks with Highest Free Cash Flow (CB, WLP, PFG)
Friday, October 30, 2009 - 7:08am | 163Below are interesting stocks on the NYSE and NASDAQ with highest free cash flow. The Chubb Corporation (NYSE: CB) has the free cash flow of 3.14 billion and the PEG ratio of 0.98. Argus upgraded CB from “hold” to “buy.” WellPoint Inc (NYSE: WLP) has the free cash flow of 3.05 billion and the PEG...
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MetLife Revenues Above View, Earnings In-line
Thursday, October 29, 2009 - 4:11pm | 136MetLife (NYSE: MET) reports Q3 earnings of 87c vs Street view of 87c. Metlife reports revenue of $12.4B vs $12.25B consensus. “During the quarter, MetLife delivered an 18% increase in operating earnings compared with the third quarter of 2008 despite the current economic challenges,” said C....
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Two International ETFs For Income Investors
Thursday, October 29, 2009 - 4:29am | 170The ETF Professor isn't just about short-term trading and taking risks. The Professor loves to find ETFs that are geared for more conservative investors or those just seeking some balance for their portfolios. Two high-yielding international ETFs caught the Professor's eye recently. The first is...
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Lincoln National Corp Tops EPS, Misses Revenue View
Wednesday, October 28, 2009 - 4:17pm | 27Lincoln National Corp. (NYSE: LNC) reports Q3 EPS $0.84 vs $0.76. LNC reports Q3 revenue of $2.08B versus $2.44B. Lincoln National Q3 ROE was 5.4%.
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5 Stocks with Highest Net Income and PEG (GS, WFC, UNH)
Wednesday, October 21, 2009 - 12:37pm | 176Below are interesting stocks on the NYSE and NASDAQ with the highest net income. Goldman Sachs Group Inc (NYSE: GS) generated a net income of $9.91 billion in FY08. GS has a PEG ratio of 0.79. JMP Securities upgraded GS from “market perform” to “market outperform.” Wells Fargo & Company (NYSE...
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Stocks To Watch (CNO, VOXX, INTC, GPI, ALTR)
Wednesday, October 14, 2009 - 5:55am | 294Conseco, Inc. (NYSE: CNO) climbed 15.83% to $5.78 in after hours trade after it announced that, as part of a series of transactions intended to enhance its capital position, it entered into a stock and warrant purchase agreement with John Paulson's Paulson & Co. Inc., on behalf of the several...
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portfolio update Q4 2009
Thursday, October 1, 2009 - 8:31pm | 724It has been quite a while since I updated my progress with my non-registered stock portfolio. the moneygardener blog was really born as a journal for this portfolio, so I like to summarize every now and again. Here are some of the key metrics that I track: *All results to October 1, 2009Return, (...
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Aflac Incorporated (AFL) Completes Acquisition of Continental American Insurance Company (CAIC)
Thursday, October 1, 2009 - 7:44am | 73Aflac Incorporated (NYSE: AFL) has completed its acquisition of Continental American Insurance Company (CAIC). CAIC specializes in offering voluntary group insurance products that are distributed by insurance brokers at the worksite. CAIC is rated A- (Excellent) by A.M. Best. The cost of...