Unum Group
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Financials : Insurance | Small Cap Value
Company profile

Unum Group is a provider of financial protection benefits in the United States and the United Kingdom. The Company's products include disability, life, accident, critical illness, dental and vision, and other related services. Its segments include Unum US, Unum UK, Colonial Life, Closed Block and Corporate. Its Unum US segment includes group long-term and short-term disability insurance, group life and accidental death and dismemberment products, and supplemental and voluntary lines of business. Its Unum UK segment includes insurance for group long-term disability, group life, and supplemental lines of business, which include dental, individual disability and critical illness products. Its Colonial Life segment includes insurance for accident, sickness, and disability products, life products, and cancer and critical illness products issued primarily by Colonial Life & Accident Insurance Company and marketed to employees. Its Closed Block segment consists of other insurance products.

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Today's volume of 2,718 shares is on pace to be much lighter than UNM's 10-day average volume of 1,986,427 shares.


American Express reports a surprise profit but revenue that missed, stock slips

7:13 am ET July 24, 2020 (MarketWatch)

Shares of American Express Co. (AXP) slipped 0.7% in premarket trading, after the credit card and travel services company reported a surprise profit for the second quarter, but revenue that fell more than expected, amid a decline in card member spending and a lower average discount rate. Net income fell to $257 million, or 29 cents a share, from $1.76 billion, or $2.07 a share, in the year-ago period. The FactSet consensus was for a per-share loss of 8 cents. Total revenue dropped 29% to $7.68 billion and missed the FactSet consensus of $8.07 billion. Within AmEx's business segments, consumer services revenue declined 23% to $4.6 billion, merchant and network services revenue fell 41% to $929 million and commercial services revenue declined 30% to $2.3 billion. "Spending volumes, which declined to their lowest point this quarter in April, gradually improved in May and June, with small businesses being the most resilient," said Chief Executive Stephen Squeri. The stock has dropped 22.4% year to date through Thursday, while the Dow Jones Industrial Average has slipped 6.6%.

-Tomi Kilgore; 415-439-6400; AskNewswires@dowjones.com

(END) Dow Jones Newswires

July 24, 2020 07:13 ET (11:13 GMT)

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