Edition:
United Kingdom

Principal Financial Group Inc (PFG.OQ)

PFG.OQ on NASDAQ Stock Exchange Global Select Market

73.45USD
17 Jan 2018
Change (% chg)

$0.55 (+0.75%)
Prev Close
$72.90
Open
$73.32
Day's High
$73.77
Day's Low
$72.88
Volume
480,665
Avg. Vol
341,464
52-wk High
$74.80
52-wk Low
$56.12

Latest Key Developments (Source: Significant Developments)

Principal And CIMB Group To Realign Ownership Stakes In JV Across Southeast Asia
Thursday, 11 Jan 2018 

Jan 11 (Reuters) - Principal Financial Group Inc ::PRINCIPAL AND CIMB GROUP TO REALIGN OWNERSHIP STAKES IN JOINT VENTURES ACROSS SOUTHEAST ASIA.PRINCIPAL FINANCIAL - ONCE COMPLETE, CO WILL INCREASE ITS OWNERSHIP STAKE TO 60 PERCENT WITH CIMB RETAINING 40 PERCENT OWNERSHIP IN ENTITIES.PRINCIPAL FINANCIAL - CO, CIMB SIGNED AGREEMENTS FOR CO TO GAIN ADDITIONAL OWNERSHIP OF CIMB-CO ASSET MANAGEMENT ,CIMB-CO ISLAMIC ASSET MANAGEMENT.PRINCIPAL FINANCIAL GROUP INC - TRANSACTION IS EXPECTED TO BE COMPLETED IN Q2 OF 2018.PRINCIPAL FINANCIAL GROUP INC - PRINCIPAL WILL PAY CIMB UP TO ABOUT US$117 MILLION FOR ADDITIONAL OWNERSHIP STAKE.PRINCIPAL FINANCIAL GROUP INC - JOINT VENTURES WILL CONTINUE TO BE CO-MANAGED BY BOTH COMPANIES.  Full Article

CIMB, Principal Financial to realign ownership stakes in joint ventures
Thursday, 11 Jan 2018 

Jan 11 (Reuters) - Malaysia's CIMB Group ::Says Principal Financial Group to increase stake in two asset management joint ventures to 60 percent.Says deal will see CIMB recording gain of about 950 million rgt.  Full Article

Principal Financial Group Says 2018 Outlook Assumes $900 Mln-$1.3 Bln Of Total Capital Deployed For Stock Dividends, Share Repurchases, Among Others
Tuesday, 12 Dec 2017 

Dec 12 (Reuters) - Principal Financial Group Inc ::PRINCIPAL ANNOUNCES OUTLOOK FOR 2018.PRINCIPAL FINANCIAL GROUP - 2018 OUTLOOK ASSUMES $900 MILLION TO $1.3 BILLION OF TOTAL CAPITAL DEPLOYED FOR STOCK DIVIDENDS, SHARE REPURCHASES, AMONG OTHERS.  Full Article

Principal to Expand Real Estate Investment Capabilities
Thursday, 30 Nov 2017 

Nov 30 (Reuters) - Principal Financial Group Inc ::PRINCIPAL FINANCIAL GROUP INC - ‍ PRINCIPAL GLOBAL INVESTORS WILL ASSUME OWNERSHIP OF INTERNOS GLOBAL INVESTORS SUBJECT TO REGULATORY APPROVAL​.PRINCIPAL FINANCIAL GROUP - ‍INVESTMENT TEAMS OF INTERNOS WILL REMAIN UNCHANGED, AND SENIOR MANAGEMENT TEAM WILL CONTINUE TO GUIDE DIRECTION OF FIRM​.PRINCIPAL FINANCIAL GROUP INC - ‍BERKSHIRE CAPITAL SERVED AS FINANCIAL ADVISORS ON TRANSACTION TO PRINCIPAL​.PRINCIPAL FINANCIAL GROUP INC - ‍ONCE DEAL HAS RECEIVED REGULATORY APPROVAL, INTERNOS WILL BECOME PRINCIPAL REAL ESTATE INVESTORS EUROPE​.  Full Article

Principal Financial Q3 earnings per share $2.76
Thursday, 26 Oct 2017 

Oct 26 (Reuters) - Principal Financial Group Inc ::Principal announces third quarter 2017 results.Q3 operating earnings per share $1.28.Q3 earnings per share $2.76.Q3 earnings per share view $1.30 -- Thomson Reuters I/B/E/S.Principal financial group inc - quarter-end ‍assets under management (aum) of $655.5 billion, up 10 percent on a trailing twelve-month basis​.  Full Article

Principal Financial Group discloses AUM by asset manager as of Sept 30
Tuesday, 17 Oct 2017 

Oct 17 (Reuters) - Principal Financial Group Inc ::Says as of September 30, 2017, AUM by asset manager were $423.3 billion for Principal Global Investors.Says ‍as of September 30, 2017, AUM by asset manager were $162.1 billion for principal international and other entities of co.  Full Article

Principal Financial Group announces launch of 2 beta portfolios
Monday, 22 Aug 2016 

Principal Financial Group Inc : Launch of two strategic beta exchange traded funds (etfs) .Principal Healthcare Innovators index etf and principal millennials index etf were listed on NASDAQ starting august 22.  Full Article

Principal financial Group says Q2 earnings per share $1.10
Thursday, 28 Jul 2016 

Principal Financial Group Inc : Principal financial group® announces second quarter 2016 results . Q2 operating earnings per share $1.15 . Q2 earnings per share $1.10 . Q2 earnings per share view $1.06 -- Thomson Reuters I/B/E/S .Qtrly dividend of $0.41/share for q3 2016 authorized by board , up 7 percent compared to prior year trailing 12 month period.  Full Article

Principal Financial says as of June 30, assets under management by asset manager were $382.8 bln for principal global investors
Tuesday, 19 Jul 2016 

Principal Financial Group Inc: As of June 30, 2016, assets under management by asset manager were $382.8 billion for principal global investors .As of June 30, assets under management by asset manager was $135.8 billion for principal international, other entities of co.  Full Article

BRIEF-Principal And CIMB Group To Realign Ownership Stakes In JV Across Southeast Asia

* PRINCIPAL AND CIMB GROUP TO REALIGN OWNERSHIP STAKES IN JOINT VENTURES ACROSS SOUTHEAST ASIA