Lincoln National sells UK unit to Sun Life (AP)
Lincoln National Corp. said Monday it will sell its United Kingdom operations to Sun Life Financial Inc. for 195 million pounds . us.rd.yahoo.com |
Genworth selling new stock to raise $500 million (at MarketWatch)
Genworth Financial says that it's selling common stock to raise roughly $500 million in new capital. us.rd.yahoo.com |
Presidential Life Announces Support of Leading Proxy Advisory Service; Urges Stockholders to Reject Mr. Kurz's Proposals (Business Wire)
NYACK, N.Y.----Presidential Life Corporation , a leading life insurance company, today announced that Glass Lewis & Co., a leading proxy advisory service, recommends that stockholders execute the GOLD Consent Revocation Card, rejecting the proposals put forward by former Chairman and CEO, Herbert Kurz. us.rd.yahoo.com |
AIG completes $277M sale of PineBridge Investments (AP)
American International Group Inc. said Monday it completed the sale of its Pinebridge Investments asset management business to Asia-based investment firm Pacific Century Group for $277 million in cash. us.rd.yahoo.com |
Majority of Americans Believe the U.S. Economy and Their Personal Financial Situations Have "Bottomed Out" (Business Wire)
NEW YORK----According to The 2010 MetLife Study of the American Dream, released today, a significant number of Americans believe the U.S. economy and their personal financial situations have “bottomed out.” One in four of Americans believe it will be worse this year than last – a significant decline from 44% who said the same in 2009. us.rd.yahoo.com |