Thu, Apr 17, 2014, 12:32 AM EDT - U.S. Markets open in 8 hrs 58 mins

Recent

% | $
Quotes you view appear here for quick access.

The Phoenix Companies Inc. Message Board

you are viewing a single comment's thread.

view the rest of the posts
  • emilyryan01 emilyryan01 Oct 17, 2009 9:31 PM Flag

    Emily. It is a good time for you to buy PNX..

    Calmly I say to you OSU I bought a bunch of NFP and PRU and LNC back when the whole market tanked. The entire industry was taken down. NFP is not an insurance company it is a marketing company that offers many companies through its agents so they are not rated. Phoenix was always on the fence with the big rating companies. One notch away from a b company. They could always tell the agents/advisors that they were an A rated company and they sold 300 million per year in life and 700 million in annuities. As soon as they dropped to a b company look at what happened to its sales. 20 million a month in life premium then/now less then a million per month. This whole problem came about with the crash of the entire market but also with the reluctance of the old CEO to get rid of her baby the investment company. So no double standard here just investing in good companies that maintained good ratings and a great ditribution company. Got out of NFP at 8.90 because they are running into a bit of trouble with some debt. Great agents/advisors but bad management at NFP. By the way who is FPN don't own them ever.

 
PNX
44.61+0.68(+1.55%)Apr 16 4:01 PMEDT

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.
Google Inc.
NasdaqGSWed, Apr 16, 2014 4:00 PM EDT
Google Inc.
NasdaqGSWed, Apr 16, 2014 4:00 PM EDT