- Operating income return on avg equity for 12 months ended June 30 was 10.2% and the net income return on avg equity was 8.3%
- In Q2, the company had realized investment losses of $30.4M v a gain of $2.3M y/y
- Guides FY08 EPS $3.60-$3.80 v $3.84e

(Guides FY08 EPS $3.80-4.15 operating EPS on 5/7)

Other headlines for [PL]

• 11/21/2008 08:16am
  Merrill making cautious comments on life insurance names, cutting price targets- LNC price target cut to $13 from $36 - PNX price target cut to $2 from $5 - PRU price target cut to $52 from $86 - more...
  
• PL 11/18/2008 06:16pm
  Protective Life Corp Applies for bank holding status and US Treasury's capital purchase program- The provider of retirement products, life and health insurance said it expected to be able to borrow up to $2B, if approved more...
  
• PL 11/18/2008 06:13am
  Protective Life Corp Price Target lowered to $24 from $45 at Merrill, maintains buy rating
  
• PL 11/5/2008 04:48pm
  Protective Life Corp Issuer default rating (IDR) cut to A- from A at Fitch
  
• PL 11/3/2008 05:29pm
  Protective Life Corp Cuts quarterly dividend by 48.9% to $0.12 from $0.235- Payable on Dec 1 and the record date is Nov 14.
  

Financials sector headlines

• CIT Today 08:02am
  CIT Group Inc Raising $1.4B in capital for bank holding application
  
• TRAD Today 07:41am
  TradeStation Group Inc Reports Nov DARTs 122.7K v 103.1K y/y (+19% y/y)- Total client assets $1.55B v $1.78B y/y -13% y/y - Avg equities Client margin balances -64% y/y
  
• OZM Today 07:36am
  Och-Ziff Capital Management Reports estimated unaudited AUM of "about" $27.7B as of Dec 1 (-19% m/m) - filing- OZM notes this AUM figure reflects a net decrease of about $700M m/m - OZ Master Fund, Ltd. Nov -2.19%, YTD more...
  
• Today 07:07am
  (GE) German Finance Ministry: Comments in Brussels that state aid for Commerzbank not yet concluded
  
• TRH Today 07:04am
  Transatlantic Holdings Inc Files mixed securities shelf - filing