Financial Companies Report Financial Results, Appointments, and Coverage Upgrades - Research Report on Prudential Financial, ACE, Marsh & McLennan Companies, XL Group, and Manulife Financial Editor Note: For more information about this release, please scroll to bottom. PR Newswire NEW YORK, November 13, 2013 NEW YORK, November 13, 2013 /PRNewswire/ -- Today, Analysts' Corner announced new research reports highlighting Prudential Financial, Inc. (NYSE: PRU), ACE Limited (NYSE: ACE), Marsh & McLennan Companies, Inc. (NYSE: MMC), XL Group plc (NYSE: XL), and Manulife Financial Corporation (NYSE: MFC). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below. Prudential Financial, Inc. Research Report On November 6, 2013, Prudential Financial, Inc. (Prudential Financial) released its Q3 2013 financial results. Total revenues were down by 18.3% YoY to $10.8 billion during the quarter. Net income of Financial Services Businesses attributable to Prudential Financial was $981 million or $2.07 per diluted share, compared to net loss of Financial Services Businesses attributable to Prudential Financial of $627 million or $1.34 per diluted share in Q3 2012. Commenting on the results, John Strangfeld, Chairman and CEO, stated, "Our strong results for the third quarter and first nine months reflect solid underlying performance across our businesses. In the U.S., our retirement solutions and investment management businesses are continuing to benefit from growth of our base of quality business, with the landmark pension risk transfer transactions we completed late last year contributing to our results. Individual Life results are benefiting from the contribution of the business we acquired from The Hartford in January, with the integration well on track and expense synergies emerging consistently with our expectations." The Full Research Report on Prudential Financial, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/de80_PRU] -- ACE Limited Research Report On November 4, 2013, ACE Limited (ACE) announced that as part of the Company's ongoing investment in the development of its Accident and Health (A&H) business, it has appointed Robin Hyndley as Head of A&H, UK & Ireland, with Colin Wallace rejoining in the newly-created role of Head of Partnerships Management A&H, UK & Ireland. Commenting on the new appointment, Pat Drinan, Regional Senior Vice President, A&H for EMEA at ACE, stated, "We have seen good opportunities for growth in our UK & Ireland A&H business recently and these appointments underline our commitment to further enhancing the strength and depth of our capabilities, not least in the affinity sector. Both Robin and Colin have excellent track records in delivering compelling consumer propositions and working with partners to create innovative products and services through variety of distribution channels." The Full Research Report on ACE Limited - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/97fa_ACE] -- Marsh & McLennan Companies, Inc. Research Report On November 6, 2013, Marsh & McLennan Companies, Inc. (Marsh & McLennan Companies) released its Q3 2013 financial results. Revenues were up by 3.1% YoY to $2.9 billion during the quarter. Net income attributable to the Company was $253 million or $0.45 per diluted share in Q3 2013, compared to $241 million or $0.44 per diluted share in Q3 2012. Dan Glaser, President and CEO stated, "Marsh & McLennan Companies delivered another excellent quarter, continuing the strong earnings momentum that the Company has achieved over the past several years. Adjusted operating income increased 15%, reflecting excellent margin expansion in both of our operating segments. In Risk and Insurance Services, Marsh produced underlying revenue growth across all major geographies, and Guy Carpenter continued its long-term trend of underlying revenue growth. In Consulting, both operating companies contributed to underlying revenue growth, as Mercer increased revenue across all lines of business, and Oliver Wyman returned to growth." The Full Research Report on Marsh & McLennan Companies, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/b68a_MMC] -- XL Group plc Research Report On November 5, 2013, XL Group plc (XL Group) announced that its North America Property team has extended its Up+Running equipment breakdown coverage with new enhancements to boost protection against food processing and cold storage risks. According to XL Group, the enhanced Equipment Breakdown cover is specifically designed for industries that work or handle perishable goods on a day-to-day basis including cold storage facilities, dairy product manufacturers, fish, seafood, meat, and poultry processors, as well as fresh fruit and vegetable processors. The Full Research Report on XL Group plc - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/5a4e_XL] -- Manulife Financial Corporation Research Report On November 7, 2013, Manulife Financial Corporation (Manulife Financial) reported its Q3 2013 financial results. Total revenues were down by 17.3% YoY to CDN$6.3 billion during the quarter. Net income was CDN$946 million or CDN$0.54 per diluted share during the quarter, compared to net loss of CDN$319 million or CDN$0.13 per diluted share in Q3 2012. Donald Guloien, President and CEO stated, "We are very pleased to see our strategy unfolding into strong operating results, and are making real tangible progress against our longer-term objectives. As we predicted last quarter, a number of items with unusual timing reversed themselves this quarter, contributing to the increase in net income. Investment performance also made a very significant contribution. Our core earnings give an indication of the underlying earnings capacity of the business going forward." The Full Research Report on Manulife Financial Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/4d24_MFC] ---- EDITOR NOTES: 1.This is not company news. We are an independent source and our views do not reflect the companies mentioned. 2.Information in this release is fact checked and produced on a best efforts basis and reviewed by Ananya Ghosh, a CFA charterholder. However, we are only human and are prone to make mistakes. 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Financial Companies Report Financial Results, Appointments, and Coverage Upgrades - Research Report on Prudential Financial,
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