NEW YORK, October 31, 2016 /PRNewswire/ --

Focus today is on the global Life Insurance space, which is expected to continue improving over the next five years due to demand driven by rising disposable income levels. The Global Life and Health Insurance Industry revenue is also forecasted to rise 3.8% to $3.9 trillion this year. Pre-market, Stock-Callers.com takes a look at the performances of Genworth Financial Inc. (NYSE: GNW), MetLife Inc. (NYSE: MET), ING Groep N.V. (NYSE: ING), and Prudential Financial Inc. (NYSE: PRU). Download the free research reports on these stocks today:

http://stock-callers.com/registration

Genworth Financial  

Virginia headquartered Genworth Financial Inc.'s stock finished last Friday's session 7.66% lower at $3.98. A total volume of 19.31 million shares was traded, which was above their three months average volume of 10.44 million shares. The Company's shares have gained 42.14% over the previous three months and 6.70% on an YTD basis. The stock is trading above its 200-day moving average by 17.58%. Additionally, shares of Genworth Financial, which provides insurance and homeownership solutions in the US and internationally, have a Relative Strength Index (RSI) of 23.60.

On October 23rd, 2016, China Oceanwide Holdings Group Co., Ltd. announced that it will acquire all of the outstanding shares of Genworth Financial for a total transaction value of approximately $2.7 billion, or $5.43 per share in cash. As part of the transaction, China Oceanwide has additionally committed to contribute to Genworth $600 million of cash to address the debt maturing in 2018, on or before its maturity, as well as $525 million of cash to the U.S. life insurance businesses. See our free and comprehensive research report on GNW at:

http://stock-callers.com/registration/?symbol=GNW MetLife  

On Friday, shares in New York-based MetLife Inc. ended the session 1.49% lower at $46.98. The stock recorded a trading volume of 7.49 million shares, which was higher than its three months average volume of 7.09 million shares. The Company's shares have gained 7.60% in the last one month, 11.43% in the previous three months, and 0.13% on an YTD basis. The stock is trading 5.68% above its 50-day moving average and 10.46% above its 200-day moving average. Moreover, shares of MetLife, which provides life insurance, annuities, employee benefits, and asset management products in the US, Japan, Latin America, Asia, Europe, and the Middle East, have an RSI of 58.18.

On October 7th, 2016, research firm Credit Suisse initiated a 'Neutral' rating on the Company's stock.

On October 25th, 2016, MetLife announced that its board of directors has declared a Q4 2016 common stock dividend of $0.40 per share. The dividend will be payable on December 13th, 2016, to shareholders of record as of November 7th, 2016. MET free research report PDF is just a click away at: http://stock-callers.com/registration/?symbol=MET ING Groep  

The Netherlands-based ING Groep N.V.'s stock gained 0.15%, closing the session at $13.13. A total volume of 3.73 million shares was traded, which was above their three months average volume of 2.55 million shares. The Company's shares have gained 10.62% in the last one month, 23.02% over the previous three months, and 3.65% since the start of this year. The stock is trading 5.82% and 14.04% above its 50-day and 200-day moving averages, respectively. Additionally, shares of ING Groep, which operates as a financial services company that provides banking, investments, life insurance, and retirement services worldwide, have an RSI of 64.14.

On October 3rd, 2016, Bloomberg reported that ING Groep plans to eliminate about 5,800 jobs, or 11% of its workforce, as the largest Dutch lender seeks to cut costs and accelerate its digital transformation. As per the article, the bank expects to save about 900 million euros ($1 billion) a year through the program, which includes about 2,300 cuts in the Netherlands and about 3,500 reductions in Belgium, over five years. Sign up for your complimentary report on ING at:

http://stock-callers.com/registration/?symbol=ING Prudential Financial  

On Friday, New Jersey headquartered Prudential Financial Inc.'s stock recorded a trading volume of 2.46 million shares, and ended the day 0.32% lower at $84.50. The Company's shares have advanced 5.66% in the past month, 13.93% over the previous three months, and 6.84% since the start of this year. The stock is trading above its 50-day and 200-day moving averages by 4.45% and 14.07%, respectively. Furthermore, shares of Prudential Financial, which through its subsidiaries, provides insurance, investment management, and other financial products and services in the US and internationally, have an RSI of 58.59.

On October 18th, 2016, research firm FBR & Co. downgraded the Company's stock rating from 'Outperform' to 'Market Perform', issuing a target price of $86 per share.

On October 24th, 2016, Prudential Advisors President Caroline Feeney was named P&L Executive of the Year by the National Association for Female Executives' 2016 Women of Excellence Awards. Feeney also serves as head of Prudential Financial's enterprise-wide multicultural marketing initiative. Register for free on Stock-Callers.com and download the latest research report on PRU at:

http://stock-callers.com/registration/?symbol=PRU

--

Stock Callers: 

Stock Callers (SC) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. SC has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below. 

SC has not been compensated; directly or indirectly; for producing or publishing this document. 

PRESS RELEASE PROCEDURES:

The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third party research service company (the "Reviewer") represented by a credentialed financial analyst [for further information on analyst credentials, please email info@stock-callers.com. Rohit Tuli, a CFA(R) charterholder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by SC. SC is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.  

NO WARRANTY 

SC, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. SC, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, SC, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice. 

NOT AN OFFERING 

This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither SC nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit

http://stock-callers.com/legal-disclaimer

        
         
        CONTACT 
        For any questions, inquiries, or comments reach out to us directly. If you're a company
         we are covering and wish to no longer feature on our coverage list contact us via
         email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at: 

        Email: info@stock-callers.com 

        Phone number: +44 330 808 3765 

        Office Address: Clyde Offices, Second Floor, 48 West George Street, Glasgow, U.K. -G2
         1BP 

  CFA(R) and Chartered Financial Analyst(R) are registered trademarks owned by CFA Institute.

SOURCE Chelmsford Park SA