UNUM US - LONG TERM DISABILITY INSURANCE PROVIDER

UNUM shares are back in turmoil again on the Dow Jones index on Wall Street. UNUM has suffered bad publicity in recent years with law suits in America and the BBC investigation in to the company's business practices.

Unum shares continue to suffer on Wall Street. A short time ago the Dow Jones had them priced up at $22.85 which is a considerable drop of some 85 cents.

We expect more heavy losses for some time to come

UNUM SHARES BACK ON THE SLIDE ON WALL STREET NEW YORK

On the Dow Jones Unum has seen it's shares plunge again.

The insurance provider has been the subject of litigation cases throughout the United States and a BBC investigation into alleged fraud in the UK.

Unum the beleagured payment protection insurance company has seen it's shares continue to plunge amid revelations that the company suffered a massive 42% loss in net income over the last 12 months. Expect Unum shares to continue to drop for some time.

Following on from Unum's disasterous fourth quarter results which reveiled a massive 42% loss in net income, the companies shares are back in decline. We expect the shares to possibly collapse to as low as the $6 it hit just 4 years ago.

UNUM shares continue to plunge today as news spreads of a massive fall of 42% in net income. Just 4 years ago Unum saw it's shares collapse to just $6 and another similar fall is on the cards.

Problems Seem to be Getting Worse and Worse for UNUM....and it's shareholders

The beleagured American Unum Group (UNM) said late Monday that fourth-quarter net income came in at $160.5 million, or 44 cents per common share, down a massive 42% from a year earlier when the disability insurer made $276.1 million, or 80 cents per common share.

Just 4 years ago Unum's shares sank disasterously to just $6. We predict a similar drop is on the cards.