Lincoln, Hartford shares jump on TARP eligibility

Date: Fri, 15 May 2009 12:01:39 -0400

Lincoln, Hartford shares jump on TARP eligibility

Shares of Hartford Financial and Lincoln Financial rally as the
companies declare their eligibility to receive federal funds under the
Troubled Asset Relief Program.

CAPITAL ONE RISES IN WEAK IN FINANCIAL SECTOR

Sector slips, but insurers gain, and credit-card firm Capital One
Financial Corp. rises after the firm says its annualized net
charge-off rate fell in. April.

BARCLAYS' MOVE TO SELL FAMILY SILVER IS DEFENDABLE

If an economic recovery really does materialize, then wouldn't it be
smarter Barclays to sell its Barclays Global Investors fund arm a year
or two from now? Prospective buyers BlackRock and Bank of New York
Mellon, by their very. business model, are betting on an improved
economy anyway. From their
perspective, it might not be a bad time to double down.

BARCLAYS IN TALKS OVER SALE OF BGI UNIT

U.K. bank Barclays is in talks over the potential sale of its
asset-management business for $10 billion or more, according to
published reports, which name BlackRock and Bank of New York Mellon as
prospective suitors.

FEWER CEOS WITH CHAIRMAN HATS COULD BENEFIT STOCKS

Stock investors can take cheer from the findings of a new study
showing that public companies in the U.S. are increasingly mirroring
their counterparts
overseas in separating the roles of CEO and chairman.