Joint Ventures, Stock Movements, Upcoming Conferences, and Sales Transactions - Research Report on MetLife, PFI, Lincoln National, Genworth Financial, and Manulife Financial
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NEW YORK, January 8, 2014 /PRNewswire/ --
Today, Analysts' Corner announced new research reports highlighting MetLife, Inc. (NYSE: MET), Prudential Financial, Inc. (NYSE: PRU), Lincoln National Corp. (NYSE: LNC), Genworth Financial Inc. (NYSE: GNW), and Manulife Financial Corporation (NYSE: MFC). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
MetLife, Inc. Research Report
On January 3, 2014, MetLife, Inc.'s (MetLife) stock went up by 1.17%, closing the day at $53.81. MetLife's stock rose 0.58% over the past three trading sessions, compared to the S&P 500 which went down by 0.53% during the same three-day trading period. The Full Research Report on MetLife, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
http://www.analystscorner.com/r/full_research_report/afa1_MET
Prudential Financial, Inc. Research Report
On January 2, 2014, Prudential Financial, Inc. (PFI) reported that the Company, along with Bank Simpanan Nasional (BSN), announced the completion of 100% purchase of Uni.Asia Life Assurance Berhad's (UAL) issued and paid-up ordinary share capital (UAL Shares) from Uni.Asia Capital Sdn Bhd (UAC) through a newly created joint venture. The Company stated that its subsidiary, The Prudential Insurance Company of America (PICA), and BSN paid a total cash consideration of RM518 million or approximately $160 million for the UAL Shares. PFI informed that PICA holds 70% of the UAL Shares, while the remaining 30% are held by BSN. Commenting on the release, Jan van den Berg, President of PFI's Asia region (excluding Japan), stated, "We are pleased to enter Malaysia with BSN, Malaysia's premier savings institution with a strong bancassurance distribution channel throughout the nation, as our partner. We look forward to working with them to develop more needs-based solutions that help drive greater insurance penetration across BSN's customer base and transform BSN into one of Malaysia's leading conventional bancassurance providers." The Full Research Report on Prudential Financial, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
http://www.analystscorner.com/r/full_research_report/de80_PRU
Lincoln National Corp. Research Report
On December 20, 2013, Lincoln National Corp. (Lincoln National) announced that it will report its Q4 2013 earnings on February 5, 2014, after the market closes. The Company informed that a conference call is also scheduled on the following day, February 6, 2014, at 10:00 a.m. ET to discuss Q4 2013 earnings and related matters for the Company and its business segments. Lincoln National added that earnings material, including the earnings release and statistical supplement, will be available on the Company website on February 5, 2014, after the market closes. The Full Research Report on Lincoln National Corp. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
http://www.analystscorner.com/r/full_research_report/92ca_LNC
Genworth Financial Inc. Research Report
On January 3, 2014, Genworth Financial Inc.'s (Genworth Financial) stock declined by 0.71%, closing at $15.39. Over the past three trading days, the Company's stock fell 0.26%, compared to the Dow Jones Industrial Average which went down by 0.21% during the same three-day trading session. The Full Research Report on Genworth Financial Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
http://www.analystscorner.com/r/full_research_report/0cc4_GNW
Manulife Financial Corporation Research Report
On December 31, 2013, Manulife Financial Corporation (Manulife Financial) announced that the Company's subsidiary, Manulife (International) Limited, has completed the formerly announced sale of its life insurance business in Taiwan to CTBC Life Insurance Co., Ltd. According to the Company, the agreement was announced on July 31, 2013. Manulife Financial stated that the completion of the transaction is expected to increase the Minimum Continuing Capital and Surplus Requirements (MCCSR) ratio of the Company's key operating subsidiary, The Manufacturers Life Insurance Company (MLI) by approximately 3 percentage points. The Company added that the transaction is not expected to have a material impact on its consolidated financial results. The Full Research Report on Manulife Financial Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
http://www.analystscorner.com/r/full_research_report/4d24_MFC
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