Information contained on this page is provided by an independent third-party content provider. WorldNow and this Station make no warranties or representations in connection therewith. If you have any questions or comments about this page please contact email@example.com.
SOURCE Analysts' Corner
NEW YORK, October 15, 2013 /PRNewswire/ --
Editor Note: For more information about this release, please scroll to bottom.
Today, Analysts' Corner announced new research reports highlighting Lincoln National Corp. (NYSE: LNC), MGIC Investment Corp. (NYSE: MTG), Legg Mason Inc. (NYSE: LM), RLI Corp. (NYSE: RLI), Protective Life Corp. (NYSE: PL). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
Lincoln National Corp. Research Report
On October 10, 2013, Lincoln Financial Network (LFN), the retail wealth management affiliate of Lincoln Financial Group (marketing name for Lincoln National Corp.), announced that it is continuing to enhance its investment platform with the appointment of Gene Mulligan as the Senior Vice President for Investments Products and Platform. According to the Company, Mulligan is one of the industry pioneers responsible for evolving the separately managed account business (SMA), and in his new role will report to LFN President David S. Berkowtiz. Commenting on the appointment, Berkowtiz said, "Gene's appointment underscores our continuing investment in resources and capabilities that will help our advisors grow their business, effectively manage their practice, and spend more time advising and serving their clients. Gene's expertise and experience will add to our culture and enhance our ability to deliver industry leading investment capabilities and solutions for our independent advisors and their clients." 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]
MGIC Investment Corp. Research Report
On October 8, 2013, MGIC Investment Corp. (MGIC) issued an Operational Summary of its insurance subsidiaries for the month of September 2013 for their primary mortgage insurance. According to the release, $2.5 billion primary new insurance was written in September 2013. In the same release, MGIC also stated that it plans to release its Q3 2013 results on October 16, 2013, before the market opens. In addition, a conference call/webcast has been scheduled at 10:00 a.m. on the same day to allow securities analysts and shareholders the opportunity to hear Management discuss the Company's results for the quarter. The Full Research Report on MGIC Investment 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/01cc_MTG]
Legg Mason Inc. Research Report
On October 10, 2013, Legg Mason Inc. (Legg Mason) released assets under management (AUM) report for September 2013. The Company reported preliminary AUM of $656.0 billion as of September 30, 2013, as compared to $650.7 billion in September 2012. In addition, the Company stated that its September 2013 AUM increased as compared to August 2013 AUM ($644.5 billion), primarily due to favorable markets, while long-term flows were roughly break-even with fixed income inflows offset by equity outflows. Additionally, foreign exchange increased AUM by approximately $3 billion during September 2013. The Full Research Report on Legg Mason 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/0d5b_LM]
RLI Corp. Research Report
On October 2, 2013, RLI Corp. (RLI) announced that it will release its Q3 2013 financial results on October 16, 2013, after the market closes. In addition, the Company will hold its quarterly conference call to discuss the results on the following day, October 17, 2013, at 11:00 a.m. E.T. The Company informed that the call will be webcast by NASDAQ OMX and can be accessed via a link provided at RLI's website. The Full Research Report on RLI 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/cb17_RLI]
Protective Life Corp. Research Report
On October 1, 2013, Protective Life Corp. (Protective) announced that its principal subsidiary, Protective Life Insurance Company has completed the acquisition of MONY Life Insurance Company (MONY), and has reinsured certain policies of MONY Life Insurance Company of America (MLOA). Protective informed that the total transaction price was $1.06 billion, with MONY purchase price of $686 million (subject to customary post-closing adjustments), and the ceding commission for the reinsurance of the MLOA business of $370 million. Commenting on the acquisition, John D. Johns, Protective's Chairman, President and CEO said, "We are delighted to announce the closing of our 47th insurance acquisition transaction. The seasoned, stable and high-quality block of policies we have acquired in the transaction should produce immediate accretion to both our return on equity and earnings per share and provide a solid stream of earnings for many years to come. Our ability to consummate a transaction of this size and complexity once again highlights the value and strength of our industry-leading acquisition capabilities." The Full Research Report on Protective Life 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/b9d0_PL]
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.
©2012 PR Newswire. All Rights Reserved.