$AEG (AEGON N.V.)

$AEG {{ '2016-09-22T14:47:10+0000' | timeago}} • Announcement

Insurance firm $AEG said that it has agreed to sell all shares of its Aegon Life Ukraine to TAS Group, and will exit the Ukrainian market. TAS Group will merge the business of Aegon Life Ukraine with its existing life insurer under the brand TAS Life. Details of the transaction were not disclosed.

$LNC {{ '2018-01-19T17:10:49+0000' | timeago}} • Announcement

$LNC agreed to buy Liberty Life Assurance Co. of Boston from Liberty Mutual Insurance. $LNC will pay Liberty Mutual about $3.3Bil, which consists of $1.446Bil total net investment for the Group Benefits business, including purchase price of $1.021Bil and $425MM in required capital. The acquisition is expected to be accretive to $LNC's EPS in 2019.

$LNC {{ '2018-01-19T17:08:43+0000' | timeago}} • Announcement

$LNC agreed to buy Liberty Life Assurance Company of Boston from Liberty Mutual Insurance Group. $LNC will retain Liberty's Group Benefits business and reinsure Liberty's Individual Life and Annuity business to Protective Life Insurance Co. The acquisition is expected to be completed in 2Q18.

$BK {{ '2018-01-18T21:34:13+0000' | timeago}} • Webcast

As a result of tax reforms, Bank of New York Mellon expects to reinvest the cash in building capital base, organic investments, acquisitions, and via dividends & buybacks. $BK also plans to increase minimum wages for all employees to $15 per hour in the US. The company also plans to increase technology spending as 75% of the business is tech based.

$BK {{ '2018-01-18T15:36:57+0000' | timeago}} • Announcement

The world's largest custodian bank Bank of New York Mellon reported 37% jump in 4Q profits due to tax reforms. Revenue for the quarter dropped 2% to $3.7Bil (fee revenues contributed 77%), while assets under custody increased 11% to $33.3 trillion. Tax benefits stood at $427MM. $BK also recorded $246MM in severance and litigation charges.

$BK {{ '2018-01-18T14:57:49+0000' | timeago}} • Infographic

$BK Bank of New York Mellon Corporation Earnings AlphaGraphic: Q4 2017 Highlights

$MET {{ '2018-01-17T20:35:31+0000' | timeago}} • Announcement

$MET intends to merge its subsidiary, General American Life Insurance Company, with and into another subsidiary, Metropolitan Tower Life Insurance Company. Metropolitan Tower will continue as the surviving entity after the merger, and the merged entity will be domiciled in Nebraska. The transactions are expected to be completed in 1H18.

$LM {{ '2018-01-11T16:02:05+0000' | timeago}} • Announcement

$LM, which provides multiple financial services, said its assets under management expanded 8% YoY to $767Bil in December. Long-term assets grew 12% to $694Bil, while liquidity dropped 18% to $73.2Bil.

$TROW {{ '2018-01-11T15:05:27+0000' | timeago}} • Announcement

$TROW reported preliminary month-end assets under management of $991Bil as of Dec. 31, 2017. Client transfers from mutual funds to other portfolios were $1.7Bil and $4.2Bil for the month- and quarter-ended Dec. 31, 2017.

$CB {{ '2018-01-10T17:13:16+0000' | timeago}} • Announcement

$CB appointed Veronique Brionne to the newly-created role of SVP, Accident & Health (A&H), Continental Europe effective immediately. Additionally, Andrew Nisbet was appointed SVP, A&H UK&I. Nisbet will have overall responsibility for A&H in the UK&I and also for growing the business in Eurasia and Africa.

$MET {{ '2018-01-05T21:35:59+0000' | timeago}} • Announcement

$MET has declared a 1Q18 common stock dividend of $0.40 per share. The dividend will be payable on March 13, 2018, to shareholders of record as of Feb 5, 2018.

$AFL {{ '2018-01-05T11:12:27+0000' | timeago}} • Announcement

$AFL, as part of its ongoing U.S. Operations strategy, promoted Virgil Miller to President of Aflac Group Insurance and EVP; COO, Aflac U.S., reporting to Teresa White, President of Aflac U.S. In his new role, Miller will be responsible for the strategic leadership and overall direction of operations at $AFL and operations for Aflac U.S.

$ALL {{ '2018-01-04T18:01:43+0000' | timeago}} • Announcement

$ALL has promoted Steve Shebik to Vice Chairman, Glenn Shapiro to President of Allstate Personal Lines and Mario Rizzo to CFO. President Matt Winter has decided to retire in late February after eight years at $ALL. Shebik and Shapiro will report to CEO Tom Wilson while Rizzo will report to Shebik.

$AFL {{ '2018-01-04T12:24:39+0000' | timeago}} • Announcement

$AFL established its new subsidiary Aflac Asset Management LLC. Eric Kirsch has been named president of Aflac Asset Management LLC, while continuing to serve in his role as EVP and global chief investment officer. Also, $AFL created a subsidiary of Aflac Asset Management LLC called Aflac Asset Management Japan Ltd.

$AFL {{ '2018-01-04T12:23:27+0000' | timeago}} • Announcement

$AFL established its new subsidiary Aflac Asset Management LLC (branded as Aflac Global Investments) as part of the broader conversion of the Aflac Japan branch to a subsidiary, which is expected to take place as early as April 1, 2018.

$LNC {{ '2018-01-03T18:04:09+0000' | timeago}} • Announcement

Lincoln Financial Distributors, a unit of investment management firm $LNC, has appointed Joe Mrozek as National Sales Manager for intermediary retirement plan services. Most recently, Mrozek served Bank of America Merrill Lynch as Managing Director and National Sales Manager for retirement and personal wealth solutions.

$CB {{ '2017-12-22T19:43:58+0000' | timeago}} • Announcement

$CB said it has authorized up to $1Bil of share repurchases through Dec. 31, 2018. The company's current share repurchase authorization expires Dec. 31, 2017.

$LM {{ '2017-12-22T18:44:36+0000' | timeago}} • Announcement

$LM entered into an agreement with Shanda Asset Management Investment Limited to repurchase the 5.6MM shares of the company's common stock beneficially owned by Shanda for $40.50 per share in a private transaction. With an aggregate purchase price of $225.5MM, Legg Mason will not repurchase shares in the market prior to the December 2018 quarter.

$ALL {{ '2017-12-21T16:52:14+0000' | timeago}} • Announcement

$ALL elected Margaret Keane, president and CEO of $SYF, to its BoD, effective Jan. 1. As of that date, the Allstate board will stand at 12 directors.

$CB {{ '2017-12-18T18:01:39+0000' | timeago}} • Announcement

$CB appointed Matt Booker as SVP, Major Accounts Property in the United States. Booker succeeds Brian Church, who was recently appointed Head of International Property for Chubb's Overseas General business.

$CI {{ '2017-12-15T12:13:02+0000' | timeago}} • Announcement

$CI acquired Brighter Inc., a platform that connects patients, providers, and payers. $CI expects Brighter’s digital health plan platform will help to accelerate and expand the consumer initiatives. The financial details of the deal remained undisclosed.

Recent Transcripts

BK (The Bank of New York Mellon Corporation)
Thursday, January 18 2018 - 1:00pm
SLF (Sun Life Financial Inc.)
Thursday, November 9 2017 - 3:00pm
MFC (Manulife Financial Corporation)
Thursday, November 9 2017 - 1:01pm
AEG (AEGON N.V.)
Thursday, November 9 2017 - 8:00am
AEL (American Equity Investment Life Holding Company)
Tuesday, November 7 2017 - 3:00pm
FFG (FBL Financial Group Inc.)
Friday, November 3 2017 - 1:00pm
AIG (American International Group, Inc.)
Friday, November 3 2017 - 12:00pm
LNC (Lincoln National Corporation)
Thursday, November 2 2017 - 2:00pm
ALL (The Allstate Corporation)
Thursday, November 2 2017 - 1:00pm
CI (Cigna Corp.)
Thursday, November 2 2017 - 12:30pm
MET (MetLife, Inc.)
Thursday, November 2 2017 - 12:00pm
EVBN (Evans Bancorp Inc.)
Monday, October 30 2017 - 8:45pm
PFG (Principal Financial Group Inc.)
Friday, October 27 2017 - 2:00pm
CB (Chubb Limited)
Friday, October 27 2017 - 12:30pm
AFL (Aflac Incorporated)
Thursday, October 26 2017 - 1:00pm
LM (Legg Mason Inc.)
Wednesday, October 25 2017 - 9:00pm
WAL (Western Alliance Bancorporation)
Friday, October 20 2017 - 4:00pm
CTO (Consolidated Tomoka Land Co.)
Thursday, October 19 2017 - 1:00pm
BK (The Bank of New York Mellon Corporation)
Thursday, October 19 2017 - 12:00pm
SLF (Sun Life Financial Inc.)
Thursday, August 10 2017 - 2:00pm

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