Thursday, October 29, 2009

 

Lincoln National 3Q Profit Up 3.3% On Gain From Asset Sale

Lincoln National Corp.'s (LNC) third-quarter profit--its first profit in a year--rose 3.3% on a gain from an asset sale.

Shares rose 9.4% to $24.35 in after-hours trading as the life insurer and variable-annuity provider topped Wall Street's expectations and gave a positive report on customer reaction to its revamped annuity products...

WSJ: Lincoln National 3Q Profit Up 3.3% On Gain From Asset Sale (Subscription required)

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