AFLAC (AFL) Down After S&P Cuts European Hybrid Securities
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Price: $114.60 -0.5%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 2.1%
EPS Growth %: -27.7%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 2.1%
EPS Growth %: -27.7%
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AFLAC Inc. (NYSE: AFL) is nearly 4% lower today after S&P downgraded a number of European hybrid securities. AFLAC said in the past that a downgrade of such securities may force it to take more write-downs.
S&P downgraded hybrid debt issued by more than 60 European firms.
S&P downgraded hybrid debt issued by more than 60 European firms.
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