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Zacks Analyst Blog Highlights: Gentiva Health Services Inc., Lincoln National Corp., Manulife Financial Corp., Principal Financial Group and Hartford Financial Services Group Inc. – Press Releases

Zacks Market Commentaries (October 30th, 2009) Writes:

For Immediate Release

Chicago, IL – October 30, 2009 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: Gentiva Health Services Inc. (GTIV), Lincoln National Corp. (LNC), Manulife Financial Corp. (MFC), Principal Financial Group (PFG) and Hartford Financial Services Group Inc. (HIG).

Get the most recent insight from Zacks Equity Research with the free Profit from the Pros newsletter: http://at.zacks.com/?id=5513

Here are highlights from Thursday’s AnalystBlog:

Gentiva Beats Zacks Estimate

Gentiva Health Services Inc. (GTIV) reported a third-quarter (ended Sept. 27, 2009) net income of 54 cents per share, which beat the Zacks Consensus Estimate by 2 cents. Net income per share was 42 cents in

...

Lincoln National Beats – Analyst Blog

Zacks Market Commentaries (October 29th, 2009) Writes:
Lincoln National Corp. (LNC) reported operating earnings of 84 cents in the third quarter, which was ahead of the Zacks Consensus Estimate of 80 cents. The company had earned $1.16 per share on an operating basis in the year-ago quarter.   The company experienced lower average variable account values compared to the prior-year period. Also, there were some modest losses on its alternative investments.   Lincoln reported a net income of $153 million or 44 cents per share compared with $148 million or 58 cents in the year-ago quarter. We note that there were fewer shares outstanding in the prior-year quarter.   The company managed to report better operating results on a quarter-over-quarter basis due to the appreciation in the equity market. Consolidated deposits increased 10% sequentially but were down 2% year over year to $5.3 billion. Net flows were up 25% sequentially and 34% year over year ...

Manulife Expands in China – Analyst Blog

Zacks Market Commentaries (September 29th, 2009) Writes:
Manulife Financial Corporation (MFC) is growing its operations in China. The China Insurance Regulatory Commission (CIRC) has approved Manulife-Sinochem, Manulife’s joint venture company, to operate in the Province of Tianjin, which is one of the fastest growing provinces in China. Manulife-Sinochem is now licensed in 37 cities across 11 provinces in China. Manulife-Sinochem is a joint venture company between Manulife (International) Limited (51%) and China Foreign Economic and Trade Trust & Investment Company, a member of the Sinochem group (49%). The company currently serves over 450,000 customers across China through approximately 11,500 professionally trained staff and agents. Manulife Financial has confirmed its commitment to China after media reports suggested that foreign insurance companies were intending to leave the country. Many insurers are eyeing the Chinese market for its growth potential. In August Fairfax Financial Holdings Ltd (FFH) entered the Chinese market by purchasing 15% ...

PennyOmega.com Stock Report! 8/19/09, TEAM, HIG, FICO, RCII, MSGI, CCTR

Penny Omega (August 19th, 2009) Writes:

PennyOmega.com Stock Report!

PennyOmega.com Hot Stock News & Alerts!

signup3m

 

Wednesday August 19, 2009

PennyOmega.com Stock Report!

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TechTeam Global, Inc., (Nasdaq: TEAM) today announced that it has been named No. 1 globally in help desk outsourcing across both Tier 1 and Mid Tier customers in the Black Book of Outsourcing 2009 Survey on Top Infrastructure Management Outsourcing Vendors. Across the broader scope of information technology (IT) infrastructure outsourcing, TechTeam was named the No. 1 vendor globally for Mid Tier customers. The report classifies Tier 1 customers as organizations with revenues greater than $1 billion and Mid Tier customers as organizations with revenues between $500 million and $1 billion.

The Hartford Financial Services Group, Inc. (NYSE: HIG), in

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DrStockPick.com Stock Report! 8/14/09, CWSI, HIG, BDN, PENN, BKS, CRMT

Dr. Stock Pick (August 14th, 2009) Writes:

DrStockPick.com Stock Report!

Friday August 14, 2009

signup3m

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China Wind Systems, Inc. (OTC Bulletin Board: CWSI) (”China Wind Systems” or the “Company”), a leading supplier of forged products and industrial equipment to the wind power and other industries in China, announced today that the board of directors has elected Ms. Megan Penick as a director. Following the election of Ms. Penick, who is an independent director, the Company’s board of directors is now comprised of five members, three of whom are independent.

The Hartford Financial Services Group, Inc., (NYSE: HIG) has appointed Dan Guilbert as chief actuary of Hartford Life. Guilbert, a senior vice president, will oversee Hartford Life’s

...

Principal Financial Ahead of Ests – Analyst Blog

Zacks Market Commentaries (August 4th, 2009) Writes:

Principal Financial Group’s (PFG) second-quarter earnings of $0.69 per share were 6 cents ahead of the Zacks Consensus Estimate. Results were driven by the sequential improvement in the U.S. as well as global equity markets during the second quarter.

The company posted a sequential improvement in earnings. Assets under management (AUM) increased 9% sequentially while operating earnings were up 22%, driven by improved results at the company’s three asset management and asset accumulation segments.

The company also realized a $3 billion improvement in net unrealized losses due to the credit spreads contraction. This has more than doubled the company’s book value, which stands at $16.19 per share at the June 30, 2009, up from $8.03 per share at March 31, 2009.

However, the results were down on a year-over-year basis. The company reported net income of $150.3 million or $0.52 per share in the second quarter of 2009, compared to $168.3 million

...

DVR, HIG, DrStockPick Watch List! for Thursday July 30, 2009, Cal Dive International Inc. and Hartford Financial Services Group Inc.

Dr. Stock Pick (July 29th, 2009) Writes:

DVR, Cal Dive International Inc.

HIG, Hartford Financial Services Group Inc.

DrStockPick Watch List! drstock

 

DrStockPick Watch List! for Thursday July 30, 2009

signup3m

 

My Picks for Thursday July 30, 2009 are:

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DVR, Cal Dive International Inc.

DVR has provided manned diving services on the Gulf of Mexico Outer Continental Shelf (OCS) since 1975. With recent acquisitions of certain assets from Acergy and Torch, Inc. in 2005, and Horizon Offshore in 2007, DVR has grown into one of the largest marine diving contracting company’s in the world.

DVR owns and operates the largest DSV fleet, the largest diving corps and the largest array of diving equipment in the world; as well as recently acquired conventional pipelay

...

Zacks Analyst Blog Highlights: Hartford Financial Services Group Inc, Lincoln Financial Group, Allstate Corp., Prudential Financial Inc. and Ameriprise Financial Inc. – Press Releases

Zacks Market Commentaries (July 14th, 2009) Writes:

For Immediate Release

Chicago, IL – July 14, 2009 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: Hartford Financial Services Group Inc (HIG), Lincoln Financial Group (LNC), Allstate Corp. (ALL), Prudential Financial Inc. (PRU) and Ameriprise Financial Inc. (AMP).

Get the most recent insight from Zacks Equity Research with the free Profit from the Pros newsletter: http://at.zacks.com/?id=5513

Here are highlights from Monday’s Analyst Blog:

Insurers Eye TARP Funds

The Treasury had stated that some of the life insurers may qualify for TARP because of their Bank Holding Company status. As of now, considering the repayments from banks, Treasury has approved six life insurers for capital infusion under

...

Lincoln Linking to TARP – Analyst Blog

Zacks Market Commentaries (July 13th, 2009) Writes:

On July 10, Lincoln Financial Group (LNC) announced the completion of its capital raising plan. The company issued preferred shares worth $950 million to the U.S. Treasury under the Troubled Asset Relief Program (TARP). This is a part of the company’s $2 billion capital bolstering initiatives, which also include $600 million of common stock offering and a $500 million of senior notes in the private market.

Of the total proceeds, Lincoln contributed about $1 billion to “The Lincoln National Life Insurance Company," its principal insurance subsidiary. This will improve its risk-based capital ratios.   Lincoln was one of the six big insurers including Hartford Financial Services Group Inc. (HIG), Prudential Financial Inc. (PRU), Allstate Corp. (ALL), Ameriprise Financial Inc. (AMP) and Principal Financial Group Inc. (PFG), who qualified for the bailout funds under TARP in May. However, Prudential Financial Inc., Principal Financial Group Inc., Allstate

...

Insurers Eye TARP Funds – Analyst Blog

Zacks Market Commentaries (July 13th, 2009) Writes:

While many of the largest banks have sought to repay federal bailout funds by repurchasing their preferred shares and warrants, some insurers are trying to raise capital through the Troubled Assets Relief Program (TARP), which was originally intended for traditional banks.  Insurers are trying to raise funds as the Industry’s statutory capital levels have fallen sharply in the recent quarters.   The Treasury had stated that some of the life insurers may qualify for TARP because of their Bank Holding Company status.  As of now, considering the repayments from banks, Treasury has approved six life insurers for capital infusion under TARP.   Among the other insurers, Hartford Financial Services Group Inc (HIG) is the first to receive government money. On June 24, 2009, HIG acquired Federal Trust to satisfy a key eligibility requirement for its participation in the Capital Purchase Program (CPP) and received $3.4 billion from the Treasury.

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