Lincoln National in the red; gets ratings revision from S&P
Lincoln National Corp. ended the first quarter in the red, citing a $600 million charge on the impairment of goodwill in its annuity business.
Lincoln National Corp. ended the first quarter in the red, citing a $600 million charge on the impairment of goodwill in its annuity business.
The insurer reported a loss of $579 million, or $2.27 a share, for the quarter, down from a profit of $289 million, or $1.10 a diluted share, a year earlie
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