Financial Results and Corporate Announcements - Research Report on Genworth Financial, Prudential Financial, Raymond James, LPL Financial, and Stifel Financial

NEW YORK, August 5, 2013 /PRNewswire/ --

Today, Investors' Reports announced new research reports highlighting Genworth Financial Inc. (NYSE: GNW), Prudential Financial, Inc. (NYSE: PRU), Raymond James Financial Inc. (NYSE: RJF), LPL Investment Holdings Inc. (NASDAQ: LPLA), and Stifel Financial Corp. (NYSE: SF). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.

Genworth Financial Inc. Research Report

On July 30, 2013, Genworth Financial Inc. (Genworth Financial) reported its financial results for Q2 2013. The Company's net income was $141 million or $0.28 per diluted share, compared to net income of $76 million or $0.16 per diluted share, in Q2 2012. Net operating income increased 98.5% YoY to $133 million. Commenting on the news, Tom McInerney, President and CEO of Genworth Financial, said, "We are beginning to see good results from our efforts to improve the operating performance of the businesses with strong performance in Global Mortgage Insurance, further progress on long term care insurance rate actions and execution of an expense reduction plan. We continue to increase financial flexibility with an ordinary dividend from the U.S. life companies and consistent dividends from Global Mortgage Insurance. These are some of the important milestones in our plan to turn the company around." The Full Research Report on Genworth Financial Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-08-01/GNW]

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Prudential Financial, Inc. Research Report

On July 30, 2013, Prudential Financial, Inc. (Prudential Financial) announced that its subsidiary, Prudential Retirement, will serve as record-keeper for the Navy Exchange Service Command's (NEXCOM) 401(k) plan, with effect from August 1, 2013. The plan holds approximately $188 million in assets for about 6,466 participants. According to George Castineiras, Senior Vice President of Total Retirement Solutions, Prudential Retirement, "Prudential Retirement is pleased to announce its new partnership with NEXCOM. We are committed to help NEXCOM provide its employees with a superior workplace retirement plan that will deliver better retirement outcomes for its employees." The Full Research Report on Prudential Financial, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-08-01/PRU]

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Raymond James Financial Inc. Research Report

On July 30, 2013, Raymond James Financial Inc. (Raymond James) announced that it has launched Portfolio Management Center (PMC), for its advisors as part of the firm's Advisor Access platform. PMC is powered by FolioDynamix and incorporates Raymond James' proprietary research, while enabling fully discretionary modeling, rebalancing and trading platform for the advisor-directed business. Vin Campagnoli, Raymond James' Chief Information Officer said, "We selected FolioDynamix for its range of functionality and flexibility, creating efficiencies for our advisors who have discretionary trading authorization on behalf of their clients. We have already rolled out new proposal and research tools, and are now launching upgraded technology for discretionary manager programs, all while providing a single, seamless Web interface for advisors." The Full Research Report on Raymond James Financial Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-08-01/RJF]

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LPL Financial Holdings Inc. Research Report

On July 31, 2013, LPL Financial Holdings Inc. (LPL Financial) reported its financial results for Q2 2013. The Company's net revenue increased 12.2% YoY to $1.0 billion during the quarter. Net income was $45.1 million or $0.42 per diluted share, compared to net income of $39.5 million or $0.35 per diluted share in Q2 2012. Commenting on the news, Mark Casady, Chairman and CEO of LPL Financial, said, "We continued to build upon our strong momentum from the first quarter, driven by improving business fundamentals including increased advisor productivity, rising asset levels and excellent production retention. Under these strong top-line conditions, we are able to generate more robust earnings growth and margin expansion as we leverage our infrastructure and control our expenses. This resulted in adjusted earnings per share increasing 25% year-over-year to $0.61 per share for the quarter." The Full Research Report on LPL Financial Holdings Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-08-01/LPLA]

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Stifel Financial Corp. Research Report  

On July 23, 2013, Stifel Financial Corp.'s wholly-owned subsidiary, Keefe, Bruyette & Woods, Inc., announced that AV Homes, Inc., a member of the KBW Mortgage Finance Index, will undergo a decrease in shares, effective July 29, 2013. The decrease is primarily due to a recently announced minority stake investment by outside investors. The KBW indices have ten tradable exchange-traded funds licensed: KBW Bank Index, KBW Capital Markets Index, KBW Insurance Index, KBW Regional Banking Index, KBW Financial Sector Dividend Yield Index, KBW Premium Yield Equity REIT Index, KBW Property and Casualty Insurance Index, and KBW Global (Ex. U.S.) Financial Sector Index. The Full Research Report on Stifel Financial Corp. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-08-01/SF]

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