AEG News and Press, AEGON N.V. From 05/12/22

Aegon completed the sale of its Hungarian businesses: buyback and deleverage to price in. Wilton Re reinsurance transaction to reduce volatility. Solid numbers and a strong balance sheet provide a clear buy. For further details see: Aegon Will Again Outperform The M...

LUMBERTON, N.C., March 31, 2022 (GLOBE NEWSWIRE) -- Active Energy Group (AIM:AEG), producer of CoalSwitch™, a new clean energy pellet, announced it has entered into a sale and purchase agreement with Phoenix Investors LLC for its Lumberton Site (“Lumberton”) in Nort...

Morningstar (NASDAQ:MORN) Indexes are reclassifying Belarus from emerging market to unclassified, effective immediately, because it no longer meets the company's requirements for Emerging Market status. Such requirements include the consideration of the regulatory environment and liquidity of...

Aegon (NYSE:AEG) stock is rising 2.2% in premarket trading after the insurance firm said it will offer to buy back EUR 375M ($413M) of debt and EUR 300M ($330M) of shares after it completed the sale of its Hungarian businesses for gross proceeds of EUR 620M. The sale of the Hungarian bus...

ASHLAND, Maine, March 15, 2022 (GLOBE NEWSWIRE) -- Active Energy Group (AIM:AEG), producer of CoalSwitch TM , a new clean energy pellet, has achieved Chain of Custody (CoC) and Controlled Wood certifications that are compliant with Forest Stewardship Council® (FSC) standards fo...

U.S. life insurance sales in 2021 jumped over the prior year due to fears of death from COVID-19, the Wall Street Journal reported Tuesday, citing data from research firm Limra. “As we zero in on one million Americans who tragically lost their lives, it’s not a surprise that peo...

Financial stocks bounced up in afternoon trading on Tuesday after Treasury yields rose and crude oil, though still high, eased off its peak of $130/barrel level touched on Monday. Higher Treasury yields bode well for bank earnings as they make much of their profit on net interest income. 10-y...

Citigroup (C -5.1%) and Bank of America (BAC -3.9%) are falling the most of U.S.-based megabanks in midafternoon trading on Thursday in the wake of Russia's invasion of Ukraine. Investors are flocking to government bonds, with the 10-year Treasury yield falling 6 basis points to 1.93% after h...

Bank and financial stocks are slumping after Russia's military action in the Ukraine prompts investors to move money into safer havens of government bonds. The 10-year Treasury yield falls 14 basis points to 1.86% after having reached almost 2.0% late Wednesday. Financial Select Sector SPDR E...

CEO Lard Friese took over in early 2020 as the pandemic hit capital markets. In December 2020, Mr. Friese unveiled a new turnaround strategy through 2023, focused on corporate simplification, cost cutting, and higher free cash flow generation. The latest annual and quarterly resul...