Life & Health Insurance

Sun Life Financial Inc. (NYSE: SLF) announced today that it intends to issue in Canada up to $300 million principal amount of Series E Senior Unsecured 4.57% Debentures due 2021. The offering is expected to close on August 23, 2011 and the proceeds will be used for general corporate purposes,...

Principal Financial Group, Inc. (NYSE: PFG) announced that its Board of Directors has approved an authorization for the repurchase of up to $200 million worth of the company's outstanding common stock. The new program is in addition to the $250 million program renewed by the Board of Directors in...

Shares of China Life Insurance (NYSE: LFC) are lower on the session by 1.38%, currently trading at $44.89. The stock has been moving largely lower over the past three months and is currently trading below the 50-day moving average. Options traders are buying calls on the name today. A short while...

Shares of Manulife Financial (NYSE: MFC) are higher on the session by 4.02%, currently trading at $13.71. The stock has been moving largely lower over the past five weeks and is currently trading below the 50-day moving average. Options traders are buying puts on the name today. A short while ago...

Torchmark Corporation (NYSE: TMK) announced that its Board of Directors has raised the quarterly dividend to $.12 per share on all of the outstanding common stock of the Company held of record as of the close of business of the Company's transfer agent on October 7, 2011. The dividend will be paid...

NVIDIA Corp (NASDAQ: NVDA) surged 11.11% to $14.90 in the pre-market session. NVIDIA reported upbeat quarterly results. Molycorp Inc (NYSE: MCP) moved up 8.55% to $58.77 in the pre-market session. Molycorp swung to a net profit in the second quarter. Prudential Financial Inc (NYSE: PRU) rose 2.73...

Elizabeth Arden Inc (NASDAQ: RDEN) reported a strong rise in its fiscal fourth-quarter earnings. Elizabeth Arden reported its quarterly profit at $5.4 million, or $0.18 per share, up from $2.3 million, or $0.08 per share, in the year-ago period. Its sales surged 11% to $253.8 million. However,...

Aegon NV (NYSE: AEG) reported a 2.1% drop in its second-quarter net profit. Aegon's quarterly net profit declined to 403 million euros ($575 million), from euro413 million, in the year-ago period. Its revenue dropped 12% to 7.03 billion euros. The group's underlying pretax earnings fell 17% to...

The late-session snapback rally on Tuesday brought stocks back from the depths of Monday's losses, but many observers still say that we're not out of the woods yet. What's stalking investors in the dark woods is a bear market. Small-cap stocks on Monday were down 25 percent from the Russell 2000'...

The late-session snapback rally on Tuesday brought stocks back from the depths of Monday's losses, but many observers still say that we're not out of the woods yet. What's stalking investors in the dark woods is a bear market. Small-cap stocks on Monday were down 25 percent from the Russell 2000'...

Doug Kass tweeted that he is buying a slew of financials this morning, contrary to what everyone else is doing. Kass tweeted that he is buying Prudential (NYSE: PRU) at $49, Goldman Sachs (NYSE: GS) at $114 and MetLife (NYSE: MET) at $32.50.

Prudential Real Estate Investors has agreed to acquire a 50 percent interest in 40 Mount Street, North Sydney, an A-Grade office building known as “Coca Cola Place” from Investa Property Group, the companies announced today. PREI, operating in Australia through its Asian business, Pramerica Real...

AEGON (NYSE: AEG) yesterday completed the divestment of its life reinsurance business, Transamerica Reinsurance, to SCOR following the final approval of the relevant regulatory authorities. The agreement was announced on April 26, 2011. Under the agreement, AEGON has divested its global life...

Kadant Inc. (NYSE: KAI) today announced it has extended an uncommitted $100 million Multi-currency Note Purchase and Private Shelf Agreement with Prudential Capital Group, an institutional investment business of Prudential Financial Inc. (NYSE: PRU) for an additional three-year term. Under the...

Sempra Energy (NYSE: SRE) releases its next round of earnings this Tuesday, August 9, 2011. Here's Benzinga's essential guide to Sempra Energy's second quarter earnings report. Earnings and Revenue: Ahead of the company's earnings announcement, analysts are expecting a positive EPS reading of...