Aegon (NYSE:AEG) Unveils Profit By 59% in 1Q- AEG , MET, PRU, GNW, ING, LNC, MFC
Dutch insurer AEGON (NYSE:AEG) announced on Thursday a 59% surge in Q1 earnings, as the come to blows from the 2008 financial crisis appeared to be easing. The firm reported that it booked fewer...
View ArticleING Groep (NYSE:ING) $3.16 Billion Sale of Canadian Online Bank May Help to...
The Amsterdam-based ING Groep N.V. (ADR) (NYSE:ING) $3.16 billion sale of its Canadian online bank to Bank of Nova Scotia may put the biggest Dutch financial-services corporation near to paying back...
View ArticleING Groep NV (NYSE:ING) Tries to Find Single Buyer for Operation in Southeast...
ING Group NV (ADR) (NYSE:ING), facing a regulatory deadline to vend its insurance unit, is pressing prospective buyers of processes in Southeast Asia and Hong Kong to also need piece of its Japanese...
View ArticleMetlife (NYSE:MET) Alters Deal with General Electric (NYSE:GE); Sells Around...
The New York-based Metlife Inc. (NYSE:MET) changed an accord to vend around $7 billion in deposits to General Electric Company (NYSE:GE) so that Federal Deposit Insurance support is no longer needed....
View ArticleAviva (NYSE:AV) Report Sharp Drop in Full Year Profit; Lowers Dividend – AV,...
Aviva Plc (ADR) (NYSE:AV) on Thursday announced a sharp drop in pre-tax profit for FY 2012, mainly because of write-downs resulted from agreed sale of its US business. The Insurer also lowers its final...
View ArticleGenworth Financial (NYSE:GNW) Agrees to Sell Wealth Management Unit; $412.5...
The Richmond, Virginia-based Genworth Financial Inc (NYSE:GNW) announced on Wednesday that it has decided to sell its wealth management unit to private equity firms Aquiline Capital Partners LLC and...
View ArticleCharles Schwab (NYSE:SCHW) Stock Tumbles after Weak Results – SCHW, AEG, BAC,...
Charles Schwab Corp’s (NYSE:SCHW) stock moved down on Monday after the company announced net income that came in lower than estimates, mainly because of trading activity that was more muted than...
View ArticleAIG (NYSE:AIG) Property-Casualty Operation Chief Peter Eastwood Departs –...
American International Group Inc’s (NYSE:AIG) chief executive officer of Americas property-casualty business Peter Eastwood has departed the insurer with 3 other managers. New York-based AIG...
View ArticleAllstate (NYSE:ALL) First Quarter Profit Plunges 7.4% on Higher Catastrophe...
The Allstate Corporation (NYSE:ALL) announced fiscal Q1 earnings tumbled 7.4 percent as the company booked higher catastrophe losses. But, the insurance company beat Wall Street forecasts. Northbrook,...
View ArticleLincoln National (NYSE:LNC) Profit Tumbles in First Quarter
Lincoln National Corporation (NYSE:LNC) reported fiscal Q1 profit tumbled 1.6 percent, mainly hurt by higher-than-forecasted mortality in its individual and group life units. Lincoln announced a profit...
View Article