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WEDNESDAY, NOVEMBER 25, 2009
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NEWS ABOUT: Prudential Financial

Prudential Financial stories: 3 news summaries

(Newser) - Now that the banks' stress tests are done, it's on to the insurance industry. The Treasury Department said today it will give TARP funds to the nation's biggest life insurers, the Washington Post reports. Hartford Financial has been given preliminary approval to receive $3.4 billion, and as-yet unspecified amounts... More »

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Treasury Department • insurance industry • life insurance • Allstate • Prudential Financial • Lincoln National • Hartford Financial • TARP • Ameriprise • Principal Financial Group

As Life Insurers Face Losses, Next Bailout Decision Looms

Life insurers, a key cog in capital markets, seek TARP funds

Mar 12, 09 9:41 AM CDT
(Newser) - Life insurance companies, an oft-overlooked yet important cog in the financial infrastructure, haven’t been immune to tumbling markets, the Wall Street Journal reports, which are eroding both their portfolios and consumer confidence. A Dow Jones life insurance index is off 59% this year and 82% from its 2007 high,... More »

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bonds • bond market • life insurance • capital markets • financial crisis • Prudential Financial • Hartford Financial • MetLife

MARKETS

 Dow Off 177 on Poor Earnings 

Goldman report sends life insurance down

Nov 11, 08 3:40 PM CST
(Newser) - Stocks declined today as poor earnings reports made investors bearish, the Wall Street Journal reports. Although news of the Fannie/Freddie plan to speed refinancing efforts for distressed homeowners checked midday losses, the Dow dropped 176.58 to close at 8,693.96. The Nasdaq dropped 35.84, settling at 1,... More »

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Starbucks • Goldman Sachs • Dow Jones • Alcoa • Nasdaq • Toll Brothers • S&P 500 • life insurance • Prudential Financial • Lincoln National

3 Stories


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