Wednesday, February 10, 2010

 

Hartford drops on concern about TARP repayment

Hartford Financial Services Group shares fell more than 5% Tuesday on concern the insurer may have to raise roughly $2 billion in new equity to repay money it got from the U.S. government's Troubled Asset Relief Program, or TARP.

Shares of rival insurer Lincoln Financial Group climbed almost 5% partly on optimism about its ability to repay TARP with less impact on current investors...

MarketWatch: Hartford drops on concern about TARP repayment

This page is powered by Blogger. Isn't yours?