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CNO Financial Group Inc (CNO.N)

CNO.N on New York Stock Exchange

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Latest Key Developments (Source: Significant Developments)

CNO Financial reports Q4 earnings per share $1.34
Tuesday, 7 Feb 2017 04:15pm EST 

CNO Financial Group Inc : CNO financial group reports fourth quarter and full year 2016 results . Q4 earnings per share $1.34 . Q4 earnings per share view $0.39 -- Thomson Reuters I/B/E/S . Q4 operating earnings per share $0.49 . CNO Financial Group Inc qtrly total revenues $1,004.9 million versus $969.6 million . Q4 revenue view $974.3 million -- Thomson Reuters I/B/E/S . CNO Financial Group Inc says Q4 book value per common share increased to $25.82 from $22.49 at 4Q15 .CNO Financial Group Inc says Q4 book value per diluted share, excluding accumulated other comprehensive income, increased to $22.02 from $20.05 at 4Q15.  Full Article

CNO financial says termination of long-term care reinsurance agreements with Beechwood RE
Thursday, 29 Sep 2016 04:38pm EDT 

CNO Financial Group Inc : CNO Financial Group announces termination of long-term care reinsurance agreements with Beechwood RE and recapture of assets, liabilities and policyholder administration . CNO Financial says BCLIC and WNIC gave written notice to bre that they are terminating their reinsurance agreements with BRE, effective immediately . BCLIC and WNIC have also commenced litigation against current and former individual principals of BRE . CNO Financial Group Inc says CNO has suspended its share repurchase program for remainder of 2016 . Preliminary information indicates CNO would record after-tax charge of about $55 million, calculated on a pro forma basis . As a result of recapture and other things , CNO will contribute approximately $200 million to its insurance subsidiaries . Terminating reinsurance agreements with Beechwood RE (BRE) and recapturing approximately $550 million of closed block long-term care liabilities . BCLIC and WNIC recently expanded scope of audit to include additional level 3 investments with a reported amount of approximately $90 million . CNO cos are resuming responsibility for aspects of policyholder administration; expect no impact to policyholders due to actions.  Full Article

CNO Financial Group reports Q2 2016 results
Tuesday, 26 Jul 2016 04:15pm EDT 

CNO Financial Group Inc : Continue to expect medicare supplement benefit ratio to be in range of 70 percent to 73 percent during remainder of 2016 . Cno financial group reports second quarter 2016 results . Q2 operating earnings per share $0.35 . Q2 earnings per share $0.33 . Q2 earnings per share view $0.35 -- Thomson Reuters I/B/E/S . Cno financial group inc qtrly new annualized premium $101.9 million, down 3% from 2q15 .Continue to expect long-term care interest-adjusted benefit ratio to be in range of 81 percent to 86 percent during remainder of 2016.  Full Article

CNO Financial Group, Inc declares quarterly dividend
Wednesday, 24 Feb 2016 04:15pm EST 

CNO Financial Group, Inc:Declared a quarterly cash dividend of $0.07 per share on the Company's common shares.Payable March 24, 2016, to shareholders of record at the close of business on March 10, 2016.  Full Article

CNO Financial Group declares quarterly dividend and announces increase to securities repurchase authorization
Thursday, 12 Nov 2015 04:15pm EST 

CNO Financial Group Inc:Declared a quarterly cash dividend of $0.07 per share on the Company's common shares.Dividend will be payable December 24, 2015, to shareholders of record at the close of business on December 10, 2015.Approved an additional $400 million to repurchase the company's outstanding common stock.  Full Article

CNO Financial Group declares quarterly dividend
Wednesday, 12 Aug 2015 04:05pm EDT 

CNO Financial Group:Declared a quarterly cash dividend of $0.07 per share on the Company's common shares.The dividend will be payable September 24, 2015, to shareholders of record at the close of business on September 10.  Full Article

CNO Financial Group announces commencement of $800 mln senior notes offering
Monday, 11 May 2015 07:00am EDT 

CNO Financial Group Inc:Says commencement of its registered public offering, subject to market and other conditions, of $800 mln of senior unsecured notes, consisting of tranches maturing in 2020 and 2025.Intends to use the net proceeds to (i) repay all amounts outstanding under its existing senior secured credit facility, (ii) redeem and satisfy and discharge all of its outstanding 6.375 pct Senior Secured Notes due 2020 and (iii) pay fees and expenses related to the foregoing.Goldman, Sachs and Co. and RBC Capital Markets, LLC are acting as joint book-running managers for the offering of the Notes.  Full Article

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BRIEF-CNO Financial reports Q4 earnings per share $1.34

* CNO financial group reports fourth quarter and full year 2016 results