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Aflac (AFL +2.6%) moves sharply higher after Q1 earnings beat estimates and management hints it...

Aflac (AFL +2.6%) moves sharply higher after Q1 earnings beat estimates and management hints it will accelerate the pace of buybacks (3M shares purchased in Q1 leaves 19.4M authorization remaining). The company expects U.S. sales - which declined in Q1 - to bounce back and retains previous guidance of flat-to-5% sales increase for the year. Management also suggests discomfort with JGBs at such low yields and plans to "be flexible" in terms of asset allocation. (PR)
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