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Phoenix Companies Incorporated

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  • The day ahead in business

    The day ahead in business
    Reports: July producer price index, July industrial production and capacity utilization, University of Michigan consumer sentiment for August
  • Reuters: Historic Hartford Insurer, The Phoenix Cos., Explores Sale

     Reuters: Historic Hartford Insurer, The Phoenix Cos., Explores Sale
    (Reuters) - Troubled life insurer and annuity provider The Phoenix Companies Inc has hired investment banks Goldman Sachs Group Inc and Sandler O'Neill and Partners to explore a sale, according to people familiar with the matter. Shares of the insurance...

    The Hartford Wins $3.4 Billion In Federal Bailout Money

    The Hartford received preliminary approval Thursday for a $3.4 billion federal loan under the emergency bailout program, a deal that would give the insurer breathing room and could ease the company's need to raise money by selling businesses. Other major...

    Dona D. Young Retires From The Phoenix Companies Inc.

    Dona D. Young retired Wednesday as chairman, president and chief executive of The Phoenix Companies Inc., leaving the 158-year-old Hartford company, which is struggling against daunting odds, in the hands of incoming CEO James D. Wehr. Wehr, who has been...