Posts for Ticker ‘LNC’

Top Analyst Upgrades (ANF, KOF, HTZ, HEW, ING, LNC, VZ)

These are the top analyst upgrades and positive research calls we have seen from Wall Street this Thursday morning with about two hours until the market opens:

Abercombie & Fitch (ANF) Raised to Buy at SunTrust Robinson Humphrey.
Coca-Cola FEMSA (KOF) Raised to Hold at Deutsche Bank.
Hertz (HTZ) Raised to Outperform at Wachovia.
Hewitt (HEW) Raised to Neutral at JPMorgan.
ING (ING) Raised to Buy at Goldman Sachs.
Lincoln National (LNC) Raised to Outperform at Credit Suisse.
Verizon (VZ) Started as Buy at Pali Research.

JON C. OGG

Posted on: June 18, 2009 – 6:41 am in Analyst Calls, , , , , , ,

Media Digest 6/16/2009 Reuters, WSJ, NYTimes, FT, Bloomberg

newspaperReuters:   The US outlined new financial market reforms.

Reuters:   Obama lobbied MDs on his new healthcare package.

Reuters:   Russia hosted the first BRIC summit.

Reuters:   B of A’s (BAC) BlackRock (BLK) stake is more appealing.

Reuters:   Samsung and Nokia (NOK) are pushing into smartphones. (MOT)(AAPL)(RIMM). Read More »

Posted on: June 16, 2009 – 3:01 am in Autos, Banking, Drug companies, Healthcare, Housing, Labor & Unions, Management Change, Media, PC Companies, Pharmaceuticals, Press Digest, Technology, , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Top Analyst Upgrades (CSIQ, EXPE, FCX, JNPR, K, LNC, OWW, TLEO, THS)

These are some of the top analyst upgrades and positive research calls which we have seen from Wall Street early this Thursday morning:

Canadian Solar (CSIQ) Raised to Outperform at Oppenheimer.
Expedia (EXPE) Started as Buy at Soleil.
Freeport-McMoRan (FCX) Raised to Overweight at JPMorgan.
Juniper Networks (JNPR) Raised to Overweight at Barclays.
Kellogg (K) Started as Outperform at RBC.
Lincoln National (LNC) Raised to Buy at UBS.
Orbitz Worldwide (OWW) Started as Buy at Soleil.
Taleo (TLEO) Started as Buy at Jefferies.
Treehouse Foods (THS) Started as Outperform at William Blair.

JON C. OGG

Posted on: May 21, 2009 – 6:42 am in Analyst Calls, , , , , , , , ,

Top Analyst Upgrades (EAT, DAI, ENR, HS, LEN, LNC, MGM, RTP)

These are some of the top pre-market analyst upgrades we have seen from Wall Street early this Monday morning:

Brinker International (EAT) Raised to Overweight at Barclays.
Daimler (DAI) Raised to Buy at UBS.
Energizer Holdings (ENR) Raised to Neutral at UBS.
HealthSpring (HS) Raised to Outperform at Wachovia.
Lennar (LEN) Raised to Buy at Citigroup.
Lincoln National (LNC) Raised to Outperform at KBW.
MGM Mirage (MGM) Raised to Overweight at JPMorgan.
Rio Tinto (RTP) Raised to Hold from Sell at RBS.

JON C. OGG

Posted on: May 18, 2009 – 6:54 am in Analyst Calls, , , , , , , ,

TARP Approved For Insurance Money: More Cash From The Taxpayer’s Pocket (LNC)(PRU)(HIG)(PFG)

bankThe Washington Post is reporting that the Treasury Department has granted approval for insurance companies to have access to TARP funds. It is not clear what that will do to the balance in the TARP “account.” By some estimates it is down to $115 billion. Some of the banks who have received funds plan to pay that money back in the coming months. Other banks may need additional capital from the TARP.

The news does mean that the financial bailout is spreading and that the Treasury must believe that there is some systemic risk to a failure of one or more of the large insurance companies.

Earlier reports are that the Hartford (HIG), Prudential (PRU), Lincoln National (LNC), and Principal Financial Group (PFG) will receive capital.

Now taxpayers can own shares in all of those companies, too.

Douglas A. McIntyre

Posted on: May 14, 2009 – 6:38 pm in Banking, Financial Stocks, , , ,

Top 10 Analyst Upgrades & Downgrades (ANF, CE, FLEX, FCL, HD, HMIN, LNC, MRO, OSG, SON)

These are ten of the top analyst upgrades and downgrades from Wall Street we have seen early this Wednesday morning with more than two hours until the market opens for trading:

Abercrombie & Fitch (ANF) Raised to Buy at Jefferies.
Celanese (CE) Cut to Hold at Citigroup.
Flextronics (FLEX) Cuto Sell at Collins Stewart.
Foundation Coal (FCL) Cut to Hold at Jefferies.
Home Depot (HD) Raised to Buy at Citigroup.
Home Inns (HMIN) Raised to Outperform at Oppenheimer.
Lincoln National (LNC) Raised to Outperform at Wachovia.
Marathon Oil (MRO) Cut to Market Perform at Bernstein.
Overseas Shipholding (OSG) Cut to Perform at Oppenheimer.
Sonoco Products (SON) Cut to Hold at KeyBanc.

JON C. OGG

Posted on: May 13, 2009 – 6:27 am in Analyst Calls, , , , , , , , , ,

TARP Revisit: Were Life Insurers On the Brink? (MET, PRU, HIG, LNC, GNW, AIG)

burning-money-pic13There is one question that keeps making the rounds after the news of yesterday’s TARP bailout money inclusion being offered to life insurers.  Are these really close to falling into the abyss, all over again?  You will see the large gains racked up yesterday, but there is a lot more to this than may meet the eye.

Insurer (Ticker)………… Gain… Mkt Cap.. Comment (year stock drop)
MetLife, Inc. (MET)……… 2.36%.. $20.2B.. down almost 66%
Prudential Financial (PRU).. 7.74%.. $10.1B.. down almost 75%
Hartford Financial (HIG)…. 13.5%.. $3.12B.. down over 80%
Lincoln National (LNC)…… 32.80%. $2.3B… rose on debt repayments
Genworth Financial (GNW)…. 11.48%. $1.0B… down almost 90%

The questions and discussions that came from the financial community to us yesterday about the TARP money were not so much around the “freshness” of the data.  Some insurers had been in line for months.  The TARP was meant to allow for inclusion of some insurers which had bank holding companies, and some insurers had been complaining that they were being left out or being put at a competitive disadvantage after American International Group Inc. (NYSE: AIG) was receiving so much bailout money.  The issue boils down to liquidity, capitalization, and the sheer need of more capital.
Read More »

Posted on: April 9, 2009 – 5:08 am in Banking, Financial Stocks, Politics, Regulation, , , , , ,

Top Pre-Market Analyst Downgrades (AMP, AAPL, DVAX, FCX, GMT, LNC, PCX, X)

Down_arrow_redThese are some of the top pre-market analyst downgrades from Wall Street this Wednesday morning:

  • Ameriprise Financial (AMP) Cut to Market Perform at KBW.
  • Apple (AAPL) Cut to Neutral at UBS.
  • Dynavax (DVAX) Cut to Perform at Oppenheimer.
  • Freeport-McMoran (FCX) Cut to Market Perform at FBR.
  • GATX (GMT) Cut to Neutral at Piper Jaffray.
  • Lincoln National (LNC) Cut to Market Perform at KBW.
  • Patriot Coal (PCX) Cut to Market Perform at FBR.
  • US Steel (X) Cut to Sell from Neutral at Goldman Sachs.

Jon C. Ogg
October 22, 2008

Posted on: October 22, 2008 – 6:52 am in Analyst Calls, , , , , , , ,