NEW YORK, April 6, 2017 /PRNewswire/ --
Stock-Callers.com has issued research reports on four equities in the Life Insurance space, and they are Genworth Financial Inc. (NYSE: GNW), MetLife Inc. (NYSE: MET), ING Groep N.V. (NYSE: ING), and Manulife Financial Corp. (NYSE: MFC). According to Swiss Re's "Global Insurance Review and Outlook for 2017/18" report, global premiums in the Life sector are expected to grow by 4.8% in 2017 and 4.2% in 2018. The emerging markets, particularly in emerging Asia, will be the main driver of premium growth in both the Life and Non-Life sectors. You can access our complimentary research reports on these stocks now at:
Shares in Richmond, Virginia headquartered Genworth Financial Inc. saw a decline of 3.19%, ending Wednesday's trading session at $3.95. The stock recorded a trading volume of 10.45 million shares, which was higher than its three months average volume of 7.95 million shares. The Company's shares have gained 3.67% on an YTD basis. The stock is trading 2.47% above its 50-day moving average. Moreover, shares of Genworth Financial, which provides insurance and homeownership solutions in the US and internationally, have a Relative Strength Index (RSI) of 48.68.
On March 07th, 2017, Genworth Financial announced that at the Company's special meeting of stockholders held earlier in the day, stockholders adopted the previously announced merger agreement with China Oceanwide Holdings Group Co., Ltd ("Oceanwide"), whereby Oceanwide will acquire Genworth through Asia/Pacific Global Capital Co. Ltd, one of Oceanwide's investment platforms. The duo expects the transaction to be completed by mid-2017, subject to closing conditions, including receipt of required regulatory approvals. Visit us today and download your complete report on GNW for free at:
New York-based MetLife Inc.'s stock declined 0.80%, closing the day at $51.90 with a total trading volume of 4.84 million shares. The Company's shares are trading 7.84% above their 200-day moving average. Shares of the Company, which through its subsidiaries, provides life insurance, annuities, employee benefits, and asset management products in the US, Japan, Latin America, Asia, Europe, and Middle East, have an RSI of 43.72.
On March 06th, 2017, research firm Bank of America/ Merrill downgraded the Company's stock rating from 'Buy' to 'Neutral'.
On April 04th, 2017, MetLife announced that on behalf of the Company and its investment management clients, it has originated $10.2 billion in corporate private placements, infrastructure debt, and other private transactions during 2016. MetLife originated infrastructure debt transactions of $3.3 billion in 2016, with almost 40% of the transactions in the US. The complimentary research report on MET can be accessed at:
On Wednesday, shares in Amsterdam, the Netherlands-based ING Groep N.V. recorded a trading volume of 6.84 million shares, which was higher than their three months average volume of 3.04 million shares. The stock ended the day 0.27% lower at $14.89. The Company's shares have advanced 2.06% in the past month, 1.92% over the previous three months, and 5.60% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 1.16% and 13.71%, respectively. Furthermore, shares of ING Groep, which operates as a financial services company that provides banking, investments, life insurance, and retirement services worldwide, have an RSI of 47.44.
On March 29th, 2017, ING Groep, the Bank of Tokyo-Mitsubishi UFJ, Ltd, and Sumitomo Mitsui Banking Corporation closed $115 million in a five-year, pre-export financing to Vicentin S.A.I.C., one of Argentina's largest agriculture exporters. ING Bank N.V., which is ING's Tokyo branch, was the sole coordinator, working in close coordination with ING's Argentina office and ING Capital LLC, who led the syndication of the loan from New York City. Register for free on Stock-Callers.com and download the PDF research report on ING at:
Toronto, Canada headquartered Manulife Financial Corp.'s stock dropped 1.42%, finishing yesterday's session at $17.35. A total volume of 3.18 million shares was traded, which was above their three months average volume of 2.59 million shares. The Company's shares are trading above their 200-day moving average by 9.85%. Additionally, shares of Manulife Financial, which together with its subsidiaries, provides financial advice, insurance, and wealth and asset management solutions for individuals, groups, and institutions in Asia, Canada, and the US, have an RSI of 37.13.
On April 04th, 2017, John Hancock, a division of Manulife Financial, announced that the John Hancock Disciplined Value Mid Cap is an Investor's Business Daily 2017 Best Mutual Funds Award Winner in the second annual ranking by the investment publication, announced last week. The John Hancock fund was ranked third overall in the US Diversified Equity category, first in the Mid Cap category, and second in the Blend category. Get free access to your research report on MFC at:
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