Even after CNO's recent gloom forecast. You still favor CNO?
UPDATE 1-Conseco sees posting 3rd-qtr net loss
Thu Oct 23, 2008 4:41pm EDT
Inc (CNO.N: Quote, Profile, Research, Stock Buzz), a Midwestern U.S. life and accident insurer, warned on Thursday that it expects a net loss in the third quarter of between $176 million and $202 million.
The figure includes net realized investment losses of between $80 million and $100 million, as well as a charge from a previously announced divestiture, according to a preliminary statement on its third quarter results.
Conseco shares closed down three cents to $1.88. (Reporting by Lilla Zuill; editing by Carol Bishopric)