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Torchmark expects $70 million write-down

Insurance company Torchmark Corp. said the company expects to write-down $70 million after-tax on temporarily impaired investments tied to embattled companies like American International Group, Lehman Brothers, Fannie Mae, Freddie Mac and Washington Mutual. (TMK)

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Torchmark sees quarterly profit down to 72 cents a share

SAN FRANCISCO (MarketWatch) -- Torchmark Corp. on Friday said it expects its third-quarter net income to fall to 72 cents a share from $1.41 a share in third quarter of 2007. The decline is due to a $70 million charge from a writedown of debt issued by AIG, Lehman Brothers and Washington Mutual. Analysts surveyed by FactSet Research are projecting the insurance holding company to earn $1.49 a share...

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Torchmark Corporation Preannounces Third Quarter Results

MCKINNEY, Texas, Oct. 10 /PRNewswire-FirstCall/ -- Torchmark Corporation (NYSE: ) announced today its expected results for the third quarter of 2008. Net income is expected to be approximately $63 million, or $.72 per share, compared to $1.41 for the third quarter of 2007. The decline in 2008 is due to a $70 million charge related to the other than temporary impairment of certain investments as discussed...

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Zacks Analyst Blog Highlights: The Dow Chemical Co., Rohm and Haas Co., Patterson-UTI Energy, Inc., Torchmark Corp. and Reynolds American Inc.

CHICAGO - Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: The Dow Chemical Co. (NYSE: DOW),

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Buffett & Berkshire Hathaway Holdings T to Z (TMK, USB, USG, UNP, UPS, WBC, WMT, WPO, WFC, WLP, WSC)

These are the last of Warren Buffett's and Berkshire Hathaway Inc. (NYSE: BRK-A) holdings as of June 30, 2008: Torchmark Corp. (NYSE: TMK) more than 3.51... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

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Ten Worst Insurance Companies

According to the American Association for Justice, a trial lawyers' group the 10 worst insurance companies are as follows: 1. All State 2. Unum 3. AIG 4, State Farm 5. Conseco 6. Wellpoint 7. Farmers 8. United Health 9. Torchmark 10. Liberty Mutual The group said it based its rankings on what it found to be "a distinct pattern of insurance industry greed" among 10 companies that do everything possible...

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Torchmark Corporation Q2 2008 Earnings Call Transcript

Torchmark Corporation. (TMK) Q2 2008 Earnings Call Complete Story »

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UPDATE 1-Torchmark Q2 operating earnings lag Wall Street

July 23 (Reuters) - Life and health insurer Torchmark Corp reported lower-than-expected quarterly operating earnings as insurance premium revenue fell.

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Torchmark quarterly net income edges higher

SAN FRANCISCO (MarketWatch) -- Torchmark Corp. said late Wednesday that second-quarter net income came in at $133.7 million, or $1.47 a share, up slightly from a year earlier when the insurer made $127.1 million, or $1.32 a share. Operating income, which excludes net realized investment gains and losses, was $130.6 million, or $1.44 a share. The company was expected to make $1.47 a share, according...

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Commonwealth Bankshares declares 8-cent dividend

Commonwealth Bankshares Inc. declared an 8-cent quarterly dividend payable Aug. 29 to shareholders of record on Aug. 18. Shares fell 18 cents to $13.50 in Tuesday morning trading. Similar Posts:Alcoa declares quarterly dividend of 17 cents Zions Bancorp declares regular quarterly dividend Torchmark declares dividend of 14 cents Texas Industries declares dividend of 7.5 cents CIT Group declares quarterly...

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Torchmark Corporation Announces Second Quarter 2008 Earnings Release and Conference Call

MCKINNEY, Texas, July 21 /PRNewswire-FirstCall/ -- Torchmark Corporation (NYSE: ) will release Second Quarter 2008 earnings after the market closes on Wednesday, July 23, 2008. In conjunction with Torchmark's Second Quarter 2008 Earnings Release, you are invited to listen to a conference call that will be broadcast live over the Internet on Thursday, July 24, 2008 at 11:00 a.m. Eastern. At that time...

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Torchmark Corporation Declares Dividend

MCKINNEY, Texas, July 18 -- Torchmark Corporation (NYSE: TMK) announced that its Board of Directors has declared a quarterly dividend of $.14 per share on all of the outstanding common stock of the Company held of record ...

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Fitch Affirms Torchmark Corp's Ratings; Outlook to Negative

CHICAGO--(BUSINESS WIRE)--Fitch Ratings has affirmed the ratings of Torchmark Corp. (TMK) and its subsidiaries (see list below).The Rating Outlook has been revised to Negative from Stable.

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A.M. Best Affirms Ratings of Torchmark Corporation and Its Operating Subsidiaries

OLDWICK, N.J.--(BUSINESS WIRE)--A.M. Best Co. has affirmed the financial strength rating (FSR) of A+ (Superior) and issuer credit ratings (ICR) of “aa-