Globe Life(GL)
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Lowey Dannenberg, P.C. is Investigating Global Life Inc. (“Global Life”) (NYSE: GL) for Potential Violations of the Federal Securities Laws and Encourages Investors with more than $50,000 in Losses to Contact the Firm
GlobeNewswire News Room· 2024-06-03 13:52
NEW YORK, June 03, 2024 (GLOBE NEWSWIRE) -- Lowey Dannenberg P.C., a preeminent law firm in obtaining redress for consumers and investors, is investigating Global Life Inc. ("Global Life") (NYSE: GL) for potential violations of the federal securities laws. The firm's investigation is in connection with reports that Global Life executives ignored extensive allegations of insurance fraud. If you suffered a loss of more than $50,000 in Global Life securities, and wish to participate, learn more, or discuss the ...
The Dividend Disaster Zone: 3 Stocks to Sell Before the Payout Gets Slashed
Investor Place· 2024-05-31 11:27
Dividend Stocks Overview - Dividend stocks are often chosen by investors to generate income through quarterly dividends, which can be taken as cash or reinvested to increase the stock's value [1] - The dynamics of dividend stocks change over time, with some increasing dividends to attract investors while others may reduce or cut dividends due to financial difficulties [2] - Stocks with diminishing or vanishing dividend yields may become uncompetitive compared to better-yielding options [3] Sirius XM Holdings (SIRI) - Sirius XM Holdings once dominated the satellite radio market but has seen its prospects decline with the rise of music streaming via 4G and 5G networks [4] - The company currently offers a dividend yield of 3.88%, but this is not driven by growth, as it operates in a declining radio service market [5] - SIRI faces financial challenges with $11.2 billion in assets and $13.5 billion in liabilities, putting its dividend at risk if subscriber counts drop [6] Globe Life (GL) - Globe Life's stock has dropped 32% year-to-date, and its 1.17% dividend may be at risk due to historical dividend cuts during financial struggles [7] - Despite a decent Q1 2024 earnings report, the company's market capitalization has suffered due to fraud allegations, which could lead to further financial instability [8] - Investors may consider waiting or selling their positions until the situation stabilizes [9] Meridian (MRBK) - Meridian, a Mid-Atlantic banking provider, has struggled financially, with its services failing to differentiate it from competitors [10] - Q1 revenue was $21.73 million, a 5.19% YoY increase, but net income fell 33.45% YoY to $2.68 million, indicating declining profitability and liquidity challenges [11] - The company risks a dividend cut as it struggles to recover from financial losses [11]
ROSEN, NATIONAL TRIAL LAWYERS, Encourages Globe Life Inc. f/k/a Torchmark Corporation Investors to Secure Counsel Before Important Deadline in Securities Class Action - GL
Prnewswire· 2024-05-30 19:55
NEW YORK, May 30, 2024 /PRNewswire/ -- WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of common stock of Globe Life Inc. f/k/a Torchmark Corporation (NYSE: GL) between May 8, 2019 and April 10, 2024, both dates inclusive (the "Class Period"), of the important July 1, 2024 lead plaintiff deadline. SO WHAT: If you purchased Globe Life common stock during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee ...
The Gross Law Firm Notifies Shareholders of Globe Life Inc. f/k/a Torchmark Corporation(GL) of a Class Action Lawsuit and an Upcoming Deadline
prnewswire.com· 2024-05-29 09:45
NEW YORK, May 29, 2024 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Globe Life Inc. f/k/a Torchmark Corporation (NYSE: GL). Shareholders who purchased shares of GL during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery. CONTACT US HERE: WHY GROSS LAW FIRM? The Gross Law Firm is a nationally recognized class action law firm, and our mission is ...
Should You Retain Globe Life (GL) Stock in Your Portfolio?
zacks.com· 2024-05-23 12:56
Globe Life Inc. (GL) has been gaining momentum from higher life and health sales, improved invested assets, increased productivity and agent count, strong liquidity position and effective capital deployment. Earnings Estimate The Zacks Consensus Estimate for Globe Life's 2024 earnings per share indicates a year-over-year increase of 10%. The consensus estimate for revenues is pegged at $5.83 billion, implying a year-over-year improvement of 5.7%. The consensus estimate for 2025 earnings per share and revenu ...
ROSEN, NATIONAL TRIAL COUNSEL, Encourages Globe Life Inc. f/k/a Torchmark Corporation Investors to Secure Counsel Before Important Deadline in Securities Class Action - GL
prnewswire.com· 2024-05-22 18:07
NEW YORK, May 22, 2024 /PRNewswire/ -- WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of common stock of Globe Life Inc. f/k/a Torchmark Corporation (NYSE: GL) between May 8, 2019 and April 10, 2024, both dates inclusive (the "Class Period"), of the important July 1, 2024 lead plaintiff deadline. SO WHAT: If you purchased Globe Life common stock during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee ...
Why Is Globe Life (GL) Up 10% Since Last Earnings Report?
zacks.com· 2024-05-22 16:31
It has been about a month since the last earnings report for Globe Life (GL) . Shares have added about 10% in that time frame, outperforming the S&P 500. Will the recent positive trend continue leading up to its next earnings release, or is Globe Life due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important catalysts. Globe Life Q1 Earnings Miss Estimates, Revenues R ...
The Gross Law Firm Reminds Globe Life Inc. f/k/a Torchmark Corporation Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of July 1, 2024 - GL
prnewswire.com· 2024-05-21 09:45
https://securitiesclasslaw.com/securities/globe-life-loss-submission-form/?id=80732&from=4 CLASS PERIOD: May 8, 2019 to April 10, 2024 ALLEGATIONS: According to the complaint, throughout the Class Period, Globe Life reported consistent premium revenue growth at the Company, led by consistent premium revenue growth at American Income Life Insurance Company ("AIL"). The Company also represented that its employees adhered to a code of conduct that expressly prohibited various forms of misconduct, and which req ...
SHAREHOLDER ALERT: Pomerantz Law Firm Announces the Filing of a Class Action Against Globe Life Inc. - GL
prnewswire.com· 2024-05-16 21:35
NEW YORK, May 16, 2024 /PRNewswire/ -- Pomerantz LLP announces that a class action lawsuit has been filed against Globe Life Inc. ("Globe Life" or the "Company") (NYSE: GL). Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, (or 888.4-POMLAW), toll-free, Ext. 7980. Those who inquire by e-mail are encouraged to include their mailing address, telephone number, and the number of shares purchased. The class action concerns whether Globe Life and certain of its officers a ...
GL Investors Have Opportunity to Lead Globe Life Inc. Securities Fraud Lawsuit
prnewswire.com· 2024-05-16 17:30
LOS ANGELES, May 16, 2024 /PRNewswire/ -- Glancy Prongay & Murray LLP ("GPM") announces that investors with substantial losses have opportunity to lead the securities fraud class action lawsuit against Globe Life Inc. ("Globe Life" or the "Company") (NYSE: GL). Class Period: May 8, 2019 – April 10, 2024 Lead Plaintiff Deadline: July 1, 2024 If you wish to serve as lead plaintiff of the Globe Life lawsuit, you can submit your contact information at www.glancylaw.com/cases/Globe-Life-Inc/. You can also contac ...