S&P 500 opens above 3900, Lincoln National Corp. amongst top 5 Mid-day Performers
The Standard and Poor’s 500 (S&P500) Index opened at 3,953.50 on18th March 2021. Till 2 PM the highest it touched was 3,969.62 and lowest 3,943.37
Top 5 Performers Till 2 PM:
Hartford Financial Services Group Inc. (Change% 9.89 priced at $63)
The Hartford Financial Services Group, Inc. is an insurance and financial services company. The company provides life insurance, group and employee benefits, automobile and homeowners insurance and business insurance, as well as investment products, annuities, mutual funds, and college savings plans. It operates through the following segments: Commercial Lines, Personal Lines, Property & Casualty Other Operations, Group Benefits and Hartford Funds. The Commercial Lines segment provides workers compensation, property, automobile, liability and umbrella coverage under several different products, primarily throughout the U.S., within its standard commercial lines, which consists of The Hartford’s small commercial and middle market lines of business. The Personal Lines segment includes automobile, homeowners and home-based business coverage to individuals across the U.S. The Property & Casualty Other Operations segment includes certain property and casualty operations, currently managed by the company, that have discontinued writing new business and substantially all of the company’s asbestos and environmental exposures. The Group Benefits segment offers group life, accident and disability coverage, group retiree health and voluntary benefits to individual members of employer groups, associations, affinity groups and financial institutions. The Hartford Funds segment offers investment products for retail and retirement accounts and provides investment management and administrative services such as product design, implementation and oversight. The Hartford Financial Services Group was founded on May 10, 1810 and is headquartered in Hartford, CT.
Lincoln National Corp. (Change% 5.43 priced at $66.3)
Lincoln National Corp. is a holding company, which operates multiple insurance and retirement businesses through its subsidiary companies. It provides advice and solutions that help empower people to take charge of their financial lives with confidence and optimism. The company operates through the following segments: Annuities, Retirement Plan Services, Life Insurance, Group Protection, and Other Operations. The Annuities segment provides tax-deferred investment growth and lifetime income opportunities for its clients by offering fixed and variable annuities. The Retirement Plan Services segment includes employers with retirement plan products and services, primarily in the defined contribution retirement plan marketplaces. The Life Insurance segment focuses on the creation and protection of wealth for its clients by providing life insurance products, including term insurance, both single and survivorship versions of universal life insurance, variable universal life insurance, and indexed universal life insurance products. The Group Protection segment offers group non-medical insurance products, which includes term life, disability, dental, vision and accident and critical illness benefits and services to the employer marketplace through various forms of employee-paid and employer-paid plans. The Other Operations segment includes the financial data for operations. Lincoln National was founded in 1968 and is headquartered in Radnor, PA.
PPL Corp. (Change% 5.76 priced at $29.6)
PPL Corp. engages in the generation, transmission and distribution of electricity. It operates through the following segments: U.K. Regulated, Kentucky Regulated and Pennsylvania Regulated. The U.K. Regulated segment includes regulated electricity distribution operations of Western Power Distribution. The Kentucky Regulated segment comprises of LKE’s regulated electricity generation, transmission and distribution operations of Louisville Gas and Electric Company and Kentucky Utilities Company as well as regulated distribution and sale of natural gas of Louisville Gas and Electric Company. The Pennsylvania Regulated segment consists of regulated electricity transmission and distribution operations of PPL Electric Utilities Corporation. The company was founded in 1994 and is headquartered in Allentown, PA.
Carrier Global Corp. (Change% 4.45 priced at $41.1)
Carrier Global Corp. is a provider of HVAC, security and building automation technologies. The company operates through the following segments: HVAC, Refrigeration, and Fire and Security. The HVAC segment provides products, controls, services and solutions to meet the heating and cooling and ventilation needs of residential and commercial customers. The Refrigeration segment includes transport refrigeration and monitoring products, services, and digital solutions for trucks, trailers, shipping containers, intermodal and rail, as well as commercial refrigeration products. The Fire and Security segment provides a range of residential, commercial and industrial technologies and systems, and service solutions to protect people and property, including fire, flame, gas, smoke and carbon monoxide detection; portable fire extinguishers; fire suppression systems; intruder alarms; access control systems and video management systems; and electronic controls. The company was founded in 1902 and is headquartered in Palm Beach Gardens, FL.
Comerica Inc. (Change% 4.88 priced at $72.4)
Comerica, Inc. engages in the provision of financial services. It operates through the following segments: Commercial Bank, Retail Bank, Wealth Management, Finance and Other. The Commercial Bank segment involves in the middle market businesses, multinational corporations, and governmental entities by offering various products and services such as commercial loans and lines of credit, deposits, cash management, capital market products, international trade finance, letters of credit, foreign exchange management services, and loan syndication services. The Retail Bank segment includes small business banking and personal financial services, which consist of consumer lending, consumer deposit gathering, and mortgage loan origination. The Wealth Management segment offers fiduciary services, private banking, retirement services, investment management and advisory services, investment banking and brokerage services. The Finance segment comprises corporation’s securities portfolio and asset and liability management activities. The Other category consists of income and expense impact of equity and cash, tax benefits, charges of an unusual or infrequent nature that are not reflective of the normal operations, and miscellaneous other expenses of a corporate nature. The company was founded in 1973 and is headquartered in Dallas, TX.
