16% p.a.
binanceservices-ethusdt
Introduction to our strategy no description yet Quick Summary Metric Value Return % p.a. 16 Days active 494 …
tickers: GL
source: Benzinga
tickers affected by this
| ticker | polarity | why? |
|---|---|---|
| GL | negatively | The negative report on Globe Life’s alleged unethical practices and financial instability is likely to erode investor confidence, leading to a decline in the company’s stock price. |
our strategies and bots using these tickers
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summary
Bear Cave Report Highlights Concerns at Globe Life: What’s Going On?
Globe Life Inc (GL) shares are trading lower by 2.5% to $81.44 during Thursday’s session after The Bear Cave newsletter issued a report on the company. The report accuses Globe Life, which sells life, burial, and supplemental health insurance, of issuing unwanted policies, losing track of active policies, and improperly delaying or denying payouts. The Bear Cave claims that its investigation, based on consumer complaints obtained through public records requests, reveals a broader scope of issues beyond previous reports focused on Globe Life’s subsidiary, American Income Life. The complaints allegedly include deceptive marketing practices and false claims of affiliation with the Department of Veteran Affairs. According to The Bear Cave, Globe Life is “morally bankrupt and financially unstable” based on the evidence gathered. The Bear Cave operates independently and does not take financial positions against companies it investigates. Investors should note that Globe Life pays a quarterly dividend of $0.24 per share, representing a yield of 1.24%. The company has increased its dividend payment three times out of the past 12 quarters, with an annualized growth rate of 6.71%.
