Yahoo says that NWLI will report 3rd quarter earnings tomorrow. I don't know what to expect. I imagine it won't make much difference to the stock price because everybody knows that insurance companies can't make any money with these low interest rates.
With the re-election of Obama and his socialist senate I imagine Bernanke will be appointed Fed chairman for life and beyond and that he will guarantee that the Fed will keep interest rates at zero % from now to infinity and that inflation will be banished from the United States forever.
Stock is now up 4.5% since including the earnings day, so perhaps these are the earnings which finally convince some buyers to step up. Stock has been able to break through the $150-$155 range in over a year, but this will be its forth run at it and there is a saying that there is no such things as a quadruple top in stocks,
stock seems to rally on earnings and then leaks down. look i like the stock. i actually like management (outside of the capital management issues) - even though they won't speak with me anymore. the compensation i thought was excessive but once i dug into it with them, it's not too bad. i'd make this a 10% position if i had confidence that capital management was a part of the story versus just running a business.
they have not answered the question on why is it better to write 6% roe business when they can buy back some shares.
another good quarter but it doesn't matter. i see 9k shares trade today. this is dead money. i did buy 200 shares today when the news first came out at around 139.25. it seems like a decent place to park some money.