LNC News and Press, Lincoln National Corporation From 10/05/21

Financial stocks lead Tuesday's stock rally as a gauge of the services industry notched gains for the 16th month in a row. With another data point reflecting a resilient economy, even with supply chain snags and elevated inflation, investors are betting that the Fed will start tapering soon. ...

Yet, Most Hispanic Consumers Prioritize Immediate Expenses Over Longer-Term Financial Goals, Prompting Tips to Transform Aspirations into Action New research from Lincoln Financial Group (NYSE: LNC) shows Hispanics are the most likely demographic (26%) to say they feel ...

Shares of Lincoln National Corporation (NYSE:LNC) traded today at $72.15, eclipsing its 52-week high. Approximately 887,000 shares have changed hands today, as compared to an average 30-day volume of 1.2 million shares. Founded in 1905, Philadelphia-based Lincoln National offers individu...

Lincoln’s Efforts Make a Positive and Meaningful Impact on Lives, Communities and the Environment Lincoln Financial Group (NYSE:LNC) today released its 2020 Corporate Social Responsibility (CSR) report, A World of Difference: Making Positive Impact in a Year Lik...

With the 10-year Treasury yield jumping 9 bps to 1.40%, financial stocks, especially banks, are seeing their biggest moves since early July. The KBW Nasdaq Bank Index (BKX) climbs 3.7%, its best showing since July 9; the Financial Select Sector SPDR (XLF +2.7%) is also on pace to its big...

Transaction will reinsure up to $1.5 billion in sales Lincoln Financial Group (NYSE: LNC) today announced it has entered into an agreement with Talcott Resolution Life Insurance Company to reinsure up to $1.5 billion in sales of Lincoln’s flagship variable annuity liv...

Senior Vice President of Corporate Marketing, Communications and Brand Named to List for Excellence in Leadership Lincoln Financial Group (NYSE: LNC) announced today that Elena L. French, senior vice president, corporate marketing, communications and brand, has been recogniz...

Transaction will generate approximately $1.2 billion in capital Approximately $900 million of proceeds to be used for incremental share repurchases and the remainder expected to be used primarily to pay down debt Transaction expected to be approximately 5% accretive ...

Life Insurance Companies have been operating in a challenging economic environment since the recession of 2008. Declining interest rates and more recently rising mortality rates related to Covid-19 have resulted in lackluster growth and profitability for companies in this sector. ...

I wrote about Lincoln National a few months back, considering the company an excellent "BUY" in the market at that time. With the recent pullback, I'm revisiting the company. Lincoln National Corporation is an A-rated insurance company with a decent yield, and a superb potential upsid...