Citi spinoff Primerica soars on hopes for economy – Yahoo! News

NEW YORK (Reuters) –
Citigroup Inc's (C.N) spinoff of its life insurance unit, Primerica Inc (PRI.N) saw its shares gain more than a third in its debut on optimism that the life insurer will benefit from a rebounding economy.

The IPO's reception was also the Read the rest of this entry »

Tags: Ameriprise, Ameriprise Financial, Citigroup Inc, compare term life insurance, Dow Jones, Initial Public Offering, Insurance Index, Investor Interest, Ipodesktop, life insurance information, Life Insurance Unit, Life Insurer, New York Stock, New York Stock Exchange, Offering Price, Positive News, Primerica, Prudential Financial, term life insurance, Traditional Bread, U S Bank, York Stock Exchange