PL News Alert Protective Life Corp (PL) 69.95 02/13/2015 23:

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Protective Life Corp (PL) 69.95 $PL

Southern Company elects John D. Johns to board of directors
PR Newswire - Mon Feb 09, 1:00PM CST
Southern Company today announced the election of John D. Johns to its board of directors, effective Feb. 9. Johns has served as the chairman, president and CEO of Protective Life Corporation since 2002.
PL: 69.95 (-0.01), SO: 45.88 (-0.68)

Protective Life Up 39.8% Since SmarTrend Uptrend Call (PL)
Comtex SmarTrend(R) - Mon Feb 09, 9:38AM CST
SmarTrend identified an Uptrend for Protective Life (NYSE L) on February 12th, 2014 at $50.05. In approximately 12 months, Protective Life has returned 39.76% as of today's recent price of $69.95.
PL: 69.95 (-0.01)

Fitch Upgrades Protective Life Corporation Ratings; Watch Negative
Business Wire - Mon Feb 02, 8:44AM CST
Fitch Ratings has upgraded the ratings of Protective Life Corp.'s (NYSE: PL) Issuer Default Rating (IDR) to 'A-' from 'BBB+' and its senior debt ratings to 'BBB+' from 'BBB'. At the same time, Fitch has upgraded PL's primary life insurance subsidiaries' Insurer Financial Strength (IFS) to 'A+' from 'A'. Fitch has also placed the ratings on Rating Watch Negative. A full list of ratings follows at the end of this release.
PL: 69.95 (-0.01)

Protective acquired by Dai-ichi Life
M2 - Mon Feb 02, 5:00AM CST
Protective Life Corporation (NYSE L), a provider of financial services, announced on Monday that its acquisition has been completed by the Dai-ichi Life Insurance Company Limited (Dai-ichi Life) as per the terms of the Agreement and Plan of Merger between Protective, Dai-ichi Life and its wholly owned subsidiary, DL Investment (Delaware) Inc, which was signed on 3 June 2014.
PL: 69.95 (-0.01)

Protective Announces Completion of Acquisition By Dai-ichi Life
Business Wire - Sun Feb 01, 3:17PM CST
Protective Life Corporation (NYSE: PL) ("Protective" today announced the completion of the acquisition of Protective by The Dai-ichi Life Insurance Company, Limited ("Dai-ichi Life" in accordance with the terms of the previously announced Agreement and Plan of Merger dated June 3, 2014, among Protective, Dai-ichi Life and DL Investment (Delaware), Inc., a wholly owned subsidiary of Dai-ichi Life. As a result of the merger, each outstanding share of common stock of Protective was converted into the right to receive $70 per share in cash, and Protective has become a wholly owned subsidiary of Dai-ichi Life. Protective common stock has ceased trading, and will be delisted from the New York Stock Exchange.
PL: 69.95 (-0.01)

StanCorp Q4 Earnings Beat Yet Fall Y/Y; 2015 Guidance - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Fri Jan 30, 2:30PM CST
StanCorp Financial's (SFG) fourth-quarter 2014 operating net earnings of $1.42 per share outperformed the Zacks Consensus Estimate by 5.2% but declined 47% year over year.
PL: 69.95 (-0.01), SFG: 67.49 (+0.21), LFC: 61.69 (+0.65), LNC: 58.44 (+0.38)

Akorn Set to Join the S&P MidCap 400; United Insurance Holdings, ANI Pharmaceuticals to Join the S&P SmallCap 600
PR Newswire - Tue Jan 27, 4:46PM CST
S&P Dow Jones Indices will make the following changes to the S&P MidCap 400 and S&P SmallCap 600 indices:
KND: 19.68 (-0.38), UIHC: 27.40 (-0.34), PL: 69.95 (-0.01), ANIP: 62.69 (-0.43), AKRX: 47.28 (-0.25), MHFI: 102.19 (unch), GTIV: 19.19 (-0.23)

Dai-ichi, Protective Life Merger Gets Final Nod from Agencies - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Mon Jan 26, 2:00PM CST
The final and the most crucial step in concluding the merger between Dai-ichi and Protective (PL) has been reached, with regulatory authorities in the United States and Japan giving necessary approvals to the merger
PL: 69.95 (-0.01), PRU: 80.33 (+1.63), MET: 50.86 (+0.53)

A.M. Best Removes From Under Review and Affirms Ratings of Protective Life Corporation and Its Subsidiaries
Business Wire - Mon Jan 26, 1:21PM CST
A.M. Best has removed from under review with negative implications and affirmed the financial strength rating (FSR) of A+ (Superior) and the issuer credit ratings (ICR) of "aa-" of the primary life insurance subsidiaries of Protective Life Corporation (Protective) (Birmingham, AL). Concurrently, A.M. Best has removed from under review with negative implications and affirmed the ICR of "a-" and existing debt ratings of Protective. The above ratings have been assigned a stable outlook.
PL: 69.95 (-0.01)

Dai-ichi Life receives US and Japan regulatory approvals for acquisition of Protective's equity
M2 - Fri Jan 23, 7:55PM CST
The Dai-ichi Life Insurance Company Limited (TSE:8750) (Dai-ichi Life) and Protective Life Corporation (NYSE L) revealed together on Friday that Dai-ichi has received all necessary approvals from the US and Japan regulatory authorities for the proposed acquisition of all of the outstanding shares of common stock of Protective, under the Agreement and Plan of Merger signed on 3 June 2014 (the merger agreement).
PL: 69.95 (-0.01)

How Useful Is the PEG Ratio?
Anders Bylund, The Motley Fool - Motley Fool - Fri Jan 23, 7:00PM CST
The PEG ratio is a useful shorthand for stock valuation. You get it by dividing a stock's current price-to-earnings ratio by its earnings growth rate. You want the number to be low, but not negative. Master investor Peter Lynch loves this tool....
WCC: 68.20 (+1.34), PL: 69.95 (-0.01), JACK: 87.12 (-1.00), ESL: 115.76 (+0.80), CHE: 107.38 (-0.43), DECK: 77.08 (+0.61), SBH: 33.10 (+0.28), CRI: 83.65 (+0.52), AMED: 28.62 (+0.16), BKE: 49.59 (-0.16)

Protective Life Shares Up 39.7% Since SmarTrend's Buy Recommendation (PL)
Comtex SmarTrend(R) - Fri Jan 23, 4:42PM CST
SmarTrend identified an Uptrend for Protective Life (NYSE L) on February 12th, 2014 at $50.05. In approximately 12 months, Protective Life has returned 39.74% as of today's recent price of $69.94.
PL: 69.95 (-0.01)

Dai-ichi Receives Regulatory Approvals for Protective Acquisition
Business Wire - Thu Jan 22, 4:00PM CST
The Dai-ichi Life Insurance Company, Limited (TSE: 8750), ("Dai-ichi Life" and Protective Life Corporation (NYSE: PL), ("Protective" today announced that Dai-ichi has received all necessary approvals from regulatory authorities in the United States and Japan for the previously announced proposed acquisition of all of the outstanding shares of common stock of Protective Life Corporation pursuant to the Agreement and Plan of Merger entered into on June 3, 2014 (the "Merger Agreement" .
PL: 69.95 (-0.01)

Lincoln National's Capital Stable, Economic Woes a Concern - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Thu Jan 15, 5:15PM CST
On Jan 14, we issued an updated research report on Lincoln National Corp. (LNC), citing its opportunities and challenges.
PRI: 55.09 (+0.55), PL: 69.95 (-0.01), VOYA: 43.19 (+0.14), LNC: 58.44 (+0.38)

American Equity Ratings and Outlook Retained by A.M. Best - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Thu Jan 15, 1:50PM CST
A.M. Best reiterated ICR of American Equity (AEL), FSR of A- and ICR of "a-" of American Equity Investment Life Insurance Company and its subsidiaries, with stable outlook.
PL: 69.95 (-0.01), AEL: 29.15 (+0.66), SFG: 67.49 (+0.21), LNC: 58.44 (+0.38)

Protective Life Has Returned 39.4% Since SmarTrend Recommendation (PL)
Comtex SmarTrend(R) - Fri Jan 09, 9:43AM CST
SmarTrend identified an Uptrend for Protective Life (NYSE L) on February 12th, 2014 at $50.05. In approximately 11 months, Protective Life has returned 39.42% as of today's recent price of $69.78.
PL: 69.95 (-0.01)

Insurance Stock Outlook, part 2 - Industry Outlook
Kalyan Nandy - Zacks Investment Research - Fri Jan 09, 12:00AM CST
Insurance Stock Outlook, part 2 - Industry Outlook
PL: 69.95 (-0.01), PRI: 55.09 (+0.55), SFG: 67.49 (+0.21), VOYA: 43.19 (+0.14), RGA: 89.17 (+0.21)

Merger Arbitrage Mondays - January 5, 2015
Asif Suria - at Seeking Alpha - Mon Jan 05, 5:34AM CST
Merger activity decreased last week with two new mergers announced and three deals closing. You can find all the active deals listed below in our Merger Arbitrage Tool that automatically updates itself during market hours. Deal Statistics: ...
NWBI: 11.91 (+0.08), TLM: 7.63 (-0.03), LO: 67.30 (-0.80), MTB: 123.90 (+0.52), MFI: 10.43 (+0.23), CNL: 53.80 (+0.10), SMPL: 17.70 (+0.20), WMGI: 25.68 (+0.17), ROC: 79.20 (+0.33), CFN: 59.81 (+0.01), HTH: 19.42 (+0.13), AUXL: 36.47 (-0.06), VSCI: 0.47 (unch), CBIN: 27.23 (+0.08), UPI: 1.27 (unch), CMSB: 13.19 (+0.13), CODE: 35.99 (+0.03), ESYS: 17.46 (+0.01), SIBC: 21.10 (+0.22), CHYR: 2.81 (+0.01), ATLS: 30.17 (+0.27), RNR: 103.80 (-0.64), COV: 106.71 (-1.36), HAL: 44.19 (+1.42), FDO: 77.86 (+0.31), EDS: 1.55 (+0.01), HCBK: 9.92 (+0.03), HBNK: 21.40 (+0.25), ESBF: 17.77 (+0.05), POM: 27.06 (-0.04), AMRE: 26.51 (unch), APAGF: 14.15 (-0.10), RNA: 18.65 (unch), XWES: 5.46 (-0.03), LNBB: 17.74 (-0.01), TRLA: 46.89 (+0.74), GRT: 14.06 (+0.10), PETM: 82.70 (+0.03), GFIG: 6.03 (-0.03), PTRY: 36.72 (+0.05), CIMT: 8.83 (+0.03), COBK: 13.41 (unch), ACT: 285.37 (+3.71), SWY: 35.10 (-0.04), ASYS: 9.87 (+0.30), NBCB: 35.20 (+0.28), MIG: 8.35 (unch), CVD: 107.08 (+0.05), VIAS: 17.37 (-0.02), BIRT: 6.60 (+0.01), AGN: 229.49 (+1.87), CACQ: 7.72 (+0.12), T: 34.66 (+0.05), IRF: 39.98 (-0.01), OILT: 44.69 (+0.29), APL: 27.30 (+0.85), CQB: 14.49 (unch), VOLC: 17.98 (+0.03), DTV: 87.51 (-0.32), SWS: 6.91 (-0.01), VYFC: 19.72 (+0.12), BNCN: 16.66 (-0.04), FRNK: 21.71 (+0.53), HVB: 26.29 (-0.36), TEG: 75.56 (-1.61), TWC: 149.74 (+2.21), DWSN: 6.89 (-0.42), GTIV: 19.19 (-0.23), SUSQ: 13.48 (+0.01), TRW: 103.60 (-0.06), BHI: 64.31 (+1.93), PTP: 76.57 (-0.13), HBOS: 24.84 (+0.14), NBTF: 29.50 (+0.20), FFKY: 3.90 (-0.20), DRC: 81.21 (+0.31), AVIV: 36.45 (-0.08), BKYF: 47.75 (-0.30), HE: 33.14 (-0.22), BTUI: 2.62 (-0.04), NGLS: 45.82 (+1.66), RNST: 27.87 (+0.28), HCT: 13.11 (+0.09), PL: 69.95 (-0.01), AVNR: 16.96 (unch), CBST: 101.94 (+0.14), RVBD: 20.85 (-0.03), SAPE: 24.98 (-0.02), PRLS: 6.96 (-0.02), PENX: 18.87 (-0.01), IGT: 17.20 (-0.04), CMCSA: 59.47 (+1.09)




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