Analyst cuts Prudential rating, shares fall (AP)
Shares of Prudential Financial Inc. dipped Monday after a Goldman Sachs analyst cut its rating on concerns the company faces losses on its exposure to mortgage-backed securities. us.rd.yahoo.com |
New MetLife Study Provides Insight into the Future of Pension Risk Management (Business Wire)
NEW YORK----Plan sponsors for the largest U.S. defined benefit pension plans â which account for $2.3 trillion in assets and cover nearly 42 million plan participants â report that they are focused on only a few risk factors associated with their pension plan. us.rd.yahoo.com |
JennisonDryden to Reopen Jennison Health Sciences Fund (Business Wire)
NEWARK, N.J.----JennisonDryden has reopened the Jennison Health Sciences Fund to all investors, effective immediately. The Lipper Award-winning fund has been closed to most new investors since July 2005. us.rd.yahoo.com |
Manulife Financial announces completion of $1 billion issue of Innovative Tier 1 Notes (PR Newswire)
Manulife Financial announced today that Manulife Financial Capital Trust II, a trust wholly-owned by The Manufacturers Life Insurance Company , has completed its $1 billion offering of Manulife Financial Capital Trust II Notes - Series 1 due December 31, 2108. us.rd.yahoo.com |
Protective Life gets $800 million from offerings (AP)
Betsy, is the 4Q gain coming from Protective's purchase of the notes from the unit, or is it coming from the unit's repurchase of its notes from third parties. Both? us.rd.yahoo.com |