Company
Lincoln National
NYSE:LNC
Lincoln National Corporation is a holding company, which operates multiple insurance and retirement businesses through subsidiary companies. LNC, through the business segments, sells a range of wealth protection, accumulation and retirement income products and solutions. The products include fixed and indexed annuities, variable annuities, universal life insurance, variable universal life insurance, linked-benefit UL, term life insurance, mutual funds and group life insurance.
5 stories
Lincoln National’s financial services unit to pay US$3.3bn to buy Liberty Life Assurance
Under the deal terms, Lincoln Financials payment consists of US$1.45bn total net investment for the group benefits business, which includes a purchase price of US$1.02bn and US$425mln in required capital
US stocks rise even as drug companies face state challenge
US stocks gained on Thursday and even a score of states suing drug companies did not dent returns in the healthcare sector of the S&P 500
Weak growth, subdued interest rates and another oil price slide hurt stocks
Bank stocks, fears for growth and subdued rates, and new oil price nadirs helped push Wall Street indices south on Thursday.