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Non-Tech : Conseco Insurance (CNO) -- Ignore unavailable to you. Want to Upgrade?


To: Tunica Albuginea who wrote (3804)12/11/2000 2:53:48 PM
From: AustinPowersIII  Respond to of 4155
 
SUPREME COURT RULES FOR CONSECO!
ASSET SALES COMPLETED TO WELLES FARGO!



To: Tunica Albuginea who wrote (3804)12/11/2000 2:59:38 PM
From: AustinPowersIII  Read Replies (1) | Respond to of 4155
 
NEWS SUPREME COURT RULES "FOR" CONSECO!!!
MORE NEWS CONSECO SELLS TO WELLS FARGO!
Conseco sells assets to Wells Fargo Leasing for $160 million
INDIANAPOLIS, Dec 11 (Reuters) - Insurance company Conseco Inc. (NYSE: CNC) said on Monday it signed an agreement to sell most of the assets of Conseco Finance's Vendor Services unit to Wells Fargo Financial Leasing Inc. (NYSE: WFC) for about $160 million in cash.

Vendor Services is one of Conseco's non-core assets being sold to fund the retirement of $2 billion in debt. The deal is expected to close in the first quarter of 2001.

With the sale of the Vendor Services assets, total cash proceeds from asset monetization already completed or agreed to are $1.3 billion. The non-core assets remaining to be sold or monetized have an estimated value of more than $1 billion, Conseco said.

In November, the insurer announced plans to retire $132 million in public debt in December and said it repaid $650 million in bank debt in September.

Shares of Conseco rose 1/2 to $9-1/8 in morning trade on the New York Stock Exchange. Shares have a 52-week low of $4-1/2 and a year-high of $19-1/2.



To: Tunica Albuginea who wrote (3804)12/13/2000 12:31:21 AM
From: AK2004  Read Replies (2) | Respond to of 4155
 
Tunica
have you heard from our friends that shorted at $6-$7 recently?
Regards
-Albert



To: Tunica Albuginea who wrote (3804)12/19/2000 3:22:56 PM
From: Tunica Albuginea  Respond to of 4155
 
Dec. 19, 2000,2000, COMPLETE CNC NEWS ,REVIEW AND COMMENTARY

Wendt's Dec. 19 turnaround memo #5 says it all,

siliconinvestor.com

Let the sun shine

TA

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CNC NEWS, REVIEW, FUNDAMENTAL DATA AND COOL LINKS

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ALL CONSECO ARTICLES since JULY 2000 when WENDT came aboard

Nov. 17,2000:Indianapolis Star:Back to basics
Though CEO clears first hurdles in retooling Conseco, rebound remains a work
in progress.
Message 14888725

starnews.com

Friday, Nov. 17,S&P Affirms Frontier National Life Ins. 'BBBpi' FSR
Key rating factors include extremely strong capitalization,
above-average profitability, and strong liquidity, which are offset
by limited operating scope

quicken.excite.com

BW: Nov. 9,2000: Conseco Finance Announces Multi-Year Contract With Menards
biz.yahoo.com

Tuesday November 7, 1:37 pm :
A.M. Best Upgrades Conseco Inc.'s Principal Life Insurance Subsidiaries
biz.yahoo.com

Nov. 7, 2000 A.M.Best Upgrade
CBSMarketWatch A.M. Best upgrade.
www2.marketwatch.com{D9A03364-250A-43EE-B39C-48E0E74EFE57}

Nov.7,2000: CBS
www2.marketwatch.com
CNC gets debt upgrade
--1:02 pm - By Michael Baron
Conseco (CNC: news, msgs) is jumping $1.50, or 21.6 percent, to $8.44, after
A.M. Best raised the debt rating on the Carmel, Ind., financial services firm's
insurance units to 'A-' from 'B++' and removed them from 'under review' status.
Michael Sheldon, an analyst with Spencer Clarke LLC, said this event represents a significant strategic positive for the company. "This reassures investors that
management is taking the right steps to make the company competitive and
profitable in the marketplace," said Sheldon, who has a "hold" rating on Conseco
with a price range target of $10 to $15. "I believe the stock could move several
dollars higher in the next few months as investors come to terms with this news."
Message 14723848

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WHO IS GARY WENDT
Message 14723560

Business World 14th Feb. 2000, Interview with Wendt
businessworldindia.com

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CONSECO FUNDAMENTAL DATA AND COOL LINKS
Message 14723456

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NICE site to get IMMEDIATE NEWS FROM DOWJONES
quicken.excite.com

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BROKERS & FUNDS RATING & buying CONSECO

personalwealth.com

Fri Nov 17, S&P Playing the "January Effect"
Message 14723320

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CONSECO INSURANCE RATINGS
Message 14723220

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BUSINESS PROSPECTS IN CONSECO:

BW: Nov. 9,2000: Conseco Finance Announces Multi-Year Contract With Menards
biz.yahoo.com

Message 14723085

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CNC Preferred Stock and Bonds
Message 14722931

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IRWIN JACOBS and CNC SHORT SQUEEZE:

Message 14722401

CNC Longs amusement Park
Message 14445597

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Why Wendt took job at CNC and SALARY discussion

Message 14722571

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MISCELLANEOUS

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ISSUE OF CNC potential for BANKRUPTCY
Message 14721647

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Issue of ARGOSY sale controversy
Message 14816688

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WHY I INVEST IN CONSECO
ragingbull.altavista.com

moneycentral.msn.com

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RUMORS
Nov. 2, 2000: ALLIANZ to buy CNC?
messages.yahoo.com

siliconinvestor.com

Sep 21, 2000 AIG to buy CNC and install Wendt as CEO?
Message 14426456

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EQUIPMENT used to post <vbg> :

Message 14721259

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CNC INVESTMENT DISCLAIMER FOR DUMMIES :
Message 14721315

Note: If you click on my last post it will take you to my
very first post 2 months ago.

TA