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Zacks Industry Outlook Highlights: Protective Life, StanCorp Financial Group, China Life Insurance, WellPoint and UnitedHealth Group
A synopsis of today's Industry Outlook is presented below. The full article can be read at A reduction in underwriting expenses and a modest increase in premiums have been helping life insurers increase net income in the last few quarters. But downward p from PR Newswire Read more »
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Shanghai shares surge 1.21% on market confidence
SHANGHAI stocks advanced for a second straight day today after Beijing policy makers expressed confidence in the world's second-biggest economy and called for a healthy growth. The Shanghai Composite Index jumped 1.21 percent, the most in two weeks, to 2 from Shanghai Daily Read more »
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Signs of an IPO Rebound in Hong Kong
By Yvonne Lee And Prudence Ho With a record number of underwriters to help with sales, the heavy demand for Hong Kong's two biggest initial public offerings this year—both by Chinese state-owned firms—shouldn't be surprising.But there are signs that offe from Wall Street Journal Read more »
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Banking On The S&P Insurance Select Index
Rudy Martin: Quick — name an insurance company that needed a government bailout during the 2008-’09 financial collapse. Let’s try that again. Name an insurance company other than AIG — which peddled credit default swaps like candy at a kids’ concert — th from ETF daily news Read more »
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Sunshine Oilsands to raise C$300m with debt this year for expansion
Sunshine Oilsands, a developer of oil sands projects in Canada, plans to raise C$300 million (HK$2.3 billion) this year by issuing debt to fund expansion. The Hong Kong and Toronto-listed firm is 30.9 per cent owned by China Petroleum & Chemical (Sinopec from SCMP Read more »
