The two men in charge of ING's U.S. unit - IPOing today and set to be renamed Voya Financial (VOYA) - are "the unsung heroes" of AIG, according to the former exec in charge of restructuring at the insurer. Voya CEO Rod Martin and COO Alain Karaoglan both oversaw AIG units as they were sold to raise capital. At the midpoint of the $21-$24 IPO price range, Voya would be selling for about 40% of book, a lower valuation than competitors MET, PFG, PRU, and LNC. [View news story]
I bought some at $21.13 Anyone else buying this one? Cannot find out any info on it- so am buying it as a speculation that it won't keep declining in price. Patrick
What If Apple Weren't A Tech Stock? [View article]
IMHO the "Truth will out" after ER in January 2012. I think Tom Cook provided lower guidance on estimates for the ER release in January- Soooo, it wil be interesting to see how Mr Market reacis IF the ER is greaer than TC's guidance.... Seems that it is probably IMHO that AAPL should be in the green starting in January 2013. No idea where it will go between now and year end. Possibly below 500, and then maybe sideways movement until release of ER in Jan 2013. I am long AAPL, but underwater. Great article. Reassures me that long term, AAPL is a great business, notwithstanding the ups and downs of its stock price.
The two men in charge of ING's U.S. unit - IPOing today and set to be renamed Voya Financial (VOYA) - are "the unsung heroes" of AIG, according to the former exec in charge of restructuring at the insurer. Voya CEO Rod Martin and COO Alain Karaoglan both oversaw AIG units as they were sold to raise capital. At the midpoint of the $21-$24 IPO price range, Voya would be selling for about 40% of book, a lower valuation than competitors MET, PFG, PRU, and LNC. [View news story]
Apple's Unintended Consequences Of The Special Dividend Bubble [View article]
What If Apple Weren't A Tech Stock? [View article]