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SFG Stancorp Financial Grp., Inc.

114.97
0.00 (0.00%)
24 Jul 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Stancorp Financial Grp., Inc. NYSE:SFG NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 114.97 0 01:00:00

Asset Management and Insurance Companies Advance with Financial Results, Corporate Announcements, and New Appointments - Rese...

29/07/2013 1:00pm

PR Newswire (US)


Stancorp (NYSE:SFG)
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NEW YORK, July 29, 2013 /PRNewswire/ --

Today, Investors' Reports announced new research reports highlighting Ameriprise Financial Inc. (NYSE: AMP), Evercore Partners Inc. (NYSE: EVR), Aon Corporation (NYSE: AON), Northern Trust Corporation (NASDAQ: NTRS), and StanCorp Financial Group Inc. (NYSE: SFG). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.

Ameriprise Financial Inc. Research Report

On July 24, 2013, Ameriprise Financial Inc. (Ameriprise) reported its financial results for Q2 2013. Net income was $322 million or $1.54 per diluted share, an increase compared to net income of $224 million or $0.99 per diluted share in Q2 2012. Operating net revenue increased 9% YoY to $2.7 billion. Commenting on the results, Jim Cracchiolo, Chairman and Chief Executive Officer of the Company, said, "Ameriprise delivered another quarter of strong financial results. Revenues and earnings were up nicely; in fact, our operating return on equity reached an all-time high of 17.9 percent. All of our business segments performed well, most notably Advice and Wealth Management. We're experiencing good growth in client acquisition and strong client net inflows, which are key drivers of advisor productivity gains." The Full Research Report on Ameriprise Financial Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-07-25/AMP]

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Evercore Partners Inc. Research Report

On July 24, 2013, Evercore Partners Inc. (Evercore) reported its financial results for Q2 2013. The Company's U.S. GAAP net revenues were $207.4 million, reflecting an increase of 20.2% YoY and 36.9% QoQ. The Company's net income was $16.4 million or $0.44 per diluted share, compared to net income of $7.9 million or $0.25 per diluted share in Q2 2012 and $6 million or $0.16 per share in Q1 2013. Reflecting on the quarter's performance, Ralph Schlosstein, President and Chief Executive Officer, said, "Our quarterly results reflect the continuing market share gains by our firm, as our independent advisory model is increasingly embraced by corporate leaders, private equity firms, Boards of Directors and large institutional investors. Our net revenues exceeded $200 million for the second time in our history, and this was the second strongest quarter in our history by most important measures." The Full Research Report on Evercore Partners Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-07-25/EVR]

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Aon Corporation Research Report

On July 24, 2013, Aon Benfield, a global reinsurance intermediary of Aon Corporation, announced that Impact Forecasting, its catastrophe model development center of excellence at Aon Benfield, has issued its mid-year natural disasters analysis which aggregated the key global natural disaster perils data for H1 2013. As per the data, the total economic losses during H1 2013 totaled $85 billion, which is approximately 15% lower compared to the 10-year average of $100 billion, while insured losses for the period reached $20 billion, approximately 20% below the 10-year average of $25 billion. The data also showed that during H1 2013, 24% of global economic losses were covered by insurance, a figure slightly below the 10-year average of 28%, due to multiple significant catastrophe events which occurred in areas where insurance penetration remained low. The Full Research Report on Aon Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-07-25/AON]

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Northern Trust Corporation Research Report

On July 23, 2013, Northern Trust Corporation (Northern Trust) announced that it has named Michael B. Dowd as the Head of Insurance Accounting Product and Service for the Americas and has brought in Anthony S. Eifrid to lead the investment accounting practice and oversee expansion of middle office services for Northern Trust's insurance practice. According to David J. Sullivan, Insurance Practice Head for Northern Trust in the Americas, "As a full service provider of customized services to insurance companies, we rely on a dedicated team of professionals to help our clients navigate issues from financial pressures and regulatory requirements to an increased focus on risk governance. The depth of experience that Mike Dowd and Tony Eifrid bring, as financial and operations executives for major insurers and professional services firms, will further strengthen the consultative approach we take with our insurance clients." The Full Research Report on Northern Trust Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-07-25/NTRS]

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StanCorp Financial Group Inc. Research Report

On July 23, 2013, StanCorp Financial Group Inc. (StanCorp) reported its financial results for Q2 2013. Net income was $57.7 million or $1.30 per diluted share, compared to net income of $20 million or $0.45 per diluted share in Q2 2012. Also, after-tax net capital losses were $1.6 million for Q2 2013, compared to $2.5 million for the Q2 2012. Commenting on the news, Greg Ness, Chairman, President and Chief Executive Officer, said, "Our second quarter results continue our strong start to 2013 with solid earnings growth in all of our businesses. I am pleased with the significant improvement in group insurance claims experience, the outstanding results in our Asset Management segment and the reduction in operating expenses as a result of our expense management actions. We remain firmly committed to our growth and profitability initiatives in all of our lines of business." The Full Research Report on StanCorp Financial Group Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-07-25/SFG]

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  1. This is not company news. We are an independent source and our views do not reflect the companies mentioned.
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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.

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SOURCE Investors' Reports

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