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Joint Ventures, Stock Movements, Upcoming Conferences, and Sales Transactions - Research Report on MetLife, PFI, Lincoln National, Genworth Financial, and Manulife Financial

Editor Note: For more information about this release, please scroll to bottom.


News provided by

Analysts' Corner

Jan 08, 2014, 08:00 ET

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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

EDITOR NOTES:

  1. This is not company news. We are an independent source and our views do not reflect the companies mentioned.
  2. Information in this release is fact checked and produced on a best efforts basis and reviewed by Ananya Ghosh, a CFA charterholder. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below.
  3. This information is submitted as a net-positive to companies mentioned, to increase awareness for mentioned companies to our subscriber base and the investing public.
  4. If you wish to have your company covered in more detail by our team, or wish to learn more about our services, please contact us at [email protected].
  5. For any urgent concerns or inquiries, please contact us at [email protected].
  6. Are you a public company? Would you like to see similar coverage on your company? Send us a full investors' package to [email protected] for consideration.

COMPLIANCE PROCEDURE

Content is researched, written and reviewed on a best-effort basis. This document, article or report is prepared and authored by Equity News Network. An outsourced research services provider represented by Ananya Ghosh, CFA, has only reviewed the information provided by Equity News Network in this article or report according to the Procedures outlined by Equity News Network. Equity News Network is not entitled to veto or interfere in the application of such procedures by the outsourced provider to the articles, documents or reports, as the case may be.

NOT FINANCIAL ADVICE

Equity News Network makes no warranty, expressed or implied, as to the accuracy or completeness or fitness for a purpose (investment or otherwise), of the information provided in this document. This information is not to be construed as personal financial advice. Readers are encouraged to consult their personal financial advisor before making any decisions to buy, sell or hold any securities mentioned herein.

NO WARRANTY OR LIABILITY ASSUMED

Equity News Network is not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted by Equity News Network whatsoever for any direct, indirect or consequential loss arising from the use of this document. Equity News Network expressly disclaims any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Equity News Network does not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

http://www.AnalystsCorner.com

SOURCE Analysts' Corner

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