Stock Update on Notable Life Insurance Stocks (PRU, MFC, BMC, ING)

Prudential Financial, Inc. (NYSE:PRU) lost 0.80% to $60.86 on 2.01 million shares. The company posted a stronger-than- expected first quarter profit, helped by rising profits from its annuity business as financial markets rebounded. The Newark, New Jersey-based company said first quarter profit was $536 million, or $1.15 a share, compared with a loss of $5 million, or 1 cent a share, in the same quarter last year.

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Manulife Financial Corporation (USA) (NYSE:MFC) is up 2.38% to $17.61 on 1.74 million shares. The company announced that it has declared a quarterly shareholders' dividend of $0.13 per share on the common shares of Manulife Financial Corporation (the Company), payable on and after June 21, 2010 to shareholders of record at the close of business on May 18, 2010.

BMC Software, Inc. (NASDAQ:BMC) drops 2.70% to $37.05 on 1.07 million shares. The company reported fiscal fourth-quarter profit rose to 64 cents a share, or an adjusted 65 cents, from 44 cents for the year-earlier period. Revenue rose to $491.3 million from $479.3 million. Analysts had expected 70 cents a share on revenue of $512.7 million, according to FactSet.

ING Groep N.V. (ADR) (NYSE:ING) declines 8.82% to $7.44 on high volume.

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