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PrincipalFinancial


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ECB dents traders' hopes for October rate cut

RPT-ANALYSIS-ECB dents traders' hopes for October rate cut Repeats story that ran on Thursday, with no changes October ECB rate cut bets pared back after press conference ECB cuts rates 25 bps, second cut of the year Risk of ECB moving too slowly - investors By Yoruk Bahceli, Naomi Rovnick Sept 12 (Reuters) - Traders pared back their bets on back-to-back rate cuts from the European Central Bank for the rest of the year on Thursday, as policymakers provided little clarity on how willing they were
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ECB dents traders' hopes for October rate cut

RPT-ANALYSIS-ECB dents traders' hopes for October rate cut Repeats story that ran on Thursday, with no changes October ECB rate cut bets pared back after press conference ECB cuts rates 25 bps, second cut of the year Risk of ECB moving too slowly - investors By Yoruk Bahceli, Naomi Rovnick Sept 12 (Reuters) - Traders pared back their bets on back-to-back rate cuts from the European Central Bank for the rest of the year on Thursday, as policymakers provided little clarity on how willing they were
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ECB dents traders' hopes for October rate cut

ANALYSIS-ECB dents traders' hopes for October rate cut October ECB rate cut bets pared back after press conference ECB cuts rates 25 bps, second cut of the year Risk of ECB moving too slowly - investors By Yoruk Bahceli and Naomi Rovnick Sept 12 (Reuters) - Traders pared back their bets on back-to-back rate cuts from the European Central Bank for the rest of the year on Thursday, as policymakers provided little clarity on how willing they were to double down on monetary easing.
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Principal Financial Group Appointed Joel Pitz As Interim CFO

BRIEF-Principal Financial Group Appointed Joel Pitz As Interim CFO Aug 21 (Reuters) - Principal Financial Group Inc PFG.O : PRINCIPAL FINANCIAL GROUP INC -  ON AUGUST 20, APPOINTED JOEL PITZ AS INTERIM CFO Source text for Eikon: [ID:n0001104659-24-091644] Further company coverage: PFG.O
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Principal Financial Group Inc reports results for the quarter ended in June - Earnings Summary

Principal Financial Group Inc reports results for the quarter ended in June - Earnings Summary Principal Financial Group Inc PFG.OQ reported quarterly adjusted earnings of $1.63​​ per share for the quarter ended in June, higher than the same quarter last year, when the company reported EPS of $1.53. The mean expectation of fourteen analysts for the quarter was for earnings of $1.84 per share.
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Principal Financial profit rises on higher premiums, fee income

Principal Financial profit rises on higher premiums, fee income July 25 (Reuters) - Insurance and asset management company Principal Financial Group PFG.O posted a 3% rise in second-quarter adjusted profit on Thursday, helped by robust premiums and higher fee income. Premiums and other considerations jumped to $1.93 billion in the quarter from $1.49 billion, a year earlier.
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Growth angst or air pocket? Stocks nurse losses

MORNING BID AMERICAS-Growth angst or air pocket? Stocks nurse losses A look at the day ahead in U.S. and global markets from Mike Dolan The worst day for the S&P500 .SPX since 2022 and mounting central bank easing bets suggest markets' serene 'soft landing' scenario is being questioned as China growth worries and U.S. election risks mount. Even though a withering swoon in megacap tech stocks this week comes in the thick of the corporate earnings season, the incoming aggregate profit growth pictu
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Principal Financial Group Inc <PFG.OQ> expected to post earnings of $1.85 a share - Earnings Preview

Principal Financial Group Inc expected to post earnings of $1.85 a share - Earnings Preview Principal Financial Group Inc PFG.OQ PFG.O is expected to show a rise in quarterly revenue when it reports results on July 25 for the period ending June 30 2024 The Des Moines Iowa-based company is expected to report a 8.4% increase in revenue to $3.795 billion from $3.5 billion a year ago, according to the mean estimate from 4 analysts, based on LSEG data.
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ECB leaves rates unchanged; Lagarde says September is 'wide open'

INSTANT VIEW-ECB leaves rates unchanged; Lagarde says September is 'wide open' Adds Lagarde remarks, analyst comments; refreshes prices at 1322 GMT LONDON, July 18 (Reuters) - The European Central Bank kept interest rates unchanged on Thursday, and gave no hints as to what investors might expect at its next meeting, saying September was "wide open" and arguing inflation would stay above its target well into next year.
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U.S. Elevance Health, J&J, Primerica

U.S. RESEARCH ROUNDUP-Elevance Health, J&J, Primerica July 18 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S.-listed companies, including Elevance Health, J&J and Primerica, on Thursday. HIGHLIGHTS * Elevance Health Inc ELV.N : Leerink Partners cuts target price to $620 from $630 * J&J JNJ.N : TD Cowen cuts target price to $185 from $195 * Primerica Inc PRI.N : Jefferies raises target price to $249 from $239 * Travelers Companies Inc TRV.N : HS
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U.S. Nvidia, Qualcomm, Tesla

U.S. RESEARCH ROUNDUP-Nvidia, Qualcomm, Tesla July 10 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S.-listed companies, including Nvidia, Qualcomm and Tesla, on Wednesday. HIGHLIGHTS * Brighthouse Financial Inc BHF.O : Jefferies raises to buy from hold * Legalzoom.Com Inc LZ.O : JP Morgan cuts to neutral from overweight * Nvidia Corp NVDA.O : KeyBanc raises target price to $180 * Qualcomm Inc QCOM.O : KeyBanc raises target price to $225 * Tesla
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U.S. STOCKS Helios Technologies, Indivior, Principal Financial

BUZZ-U.S. STOCKS ON THE MOVE-Helios Technologies, Indivior, Principal Financial Eikon search string for individual stock moves: STXBZ The Day Ahead newsletter: https://refini.tv/3LI4BU7 The Morning News Call newsletter: https://refini.tv/3dKUyB8 The S&P 500 and the Nasdaq hovered at record highs on Tuesday, propelled by gains in Nvidia and other megacaps, as U.S.
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Principal Financial gains after Raymond James upgrades to 'strong buy'

BUZZ-Principal Financial gains after Raymond James upgrades to 'strong buy' ** Shares of insurer Principal Financial PFG.O rise as much as 3.1%, last up 2.3% at $80.23 ** Raymond James upgrades PFG to "strong buy" from "market perform"; sets PT of $99, a 26.2% upside to stock's last close ** Brokerage says PFG is becoming "a one-stop shop" for reti
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U.S. STOCKS Tesla, Archer Aviation, Novo Nordisk

BUZZ-U.S. STOCKS ON THE MOVE-Tesla, Archer Aviation, Novo Nordisk Eikon search string for individual stock moves: STXBZ The Day Ahead newsletter: https://refini.tv/3LI4BU7 The Morning News Call newsletter: https://refini.tv/3dKUyB8 The Nasdaq and the S&P 500 edged up on Tuesday, boosted by gains in Tesla and megacap stocks, while the Dow was flat with investors assessing Federal Reserve Chairman Jerome Powell's comments on the need for more evidence before cutting rates.
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Principal Financial rises after JPM upgrades to 'neutral'

BUZZ-Principal Financial rises after JPM upgrades to 'neutral' ** Shares of insurer Principal Financial Group PFG.O rise 1.2% to $78.98 ** J.P. Morgan upgrades PFG to "neutral" from "underweight"; raises PT to $96 from $88, a 23% upside to stock's last close ** Brokerage says trends in the asset management business are improving, marked by an expec
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U.S. Atlassian, Crowdstrike Holdings, CS Disco

U.S. RESEARCH ROUNDUP-Atlassian, Crowdstrike Holdings, CS Disco July 2 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S.-listed companies, including Atlassian, Crowdstrike Holdings and CS Disco, on Tuesday. HIGHLIGHTS * Atlassian Corp TEAM.O : Piper Sandler raises to overweight from neutral * Crowdstrike Holdings Inc CRWD.O : Piper Sandler cuts to neutral from overweight * CS Disco Inc LAW.N : JP Morgan cuts to underweight from neutral * Principa
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U.S. Alphabet, Equity Residential, Infinera

U.S. RESEARCH ROUNDUP-Alphabet, Equity Residential, Infinera June 28 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S.-listed companies, including Alphabet, Equity Residential and Infinera, on Friday. HIGHLIGHTS * Alphabet Inc GOOGL.O : Rosenblatt Securities cuts to neutral from buy * American Financial Group Inc AFG.N : Citigroup cuts to neutral from buy * Cincinnati Financial Corp CINF.O : Citigroup raises to buy from neutral * Equity Residenti
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