-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, Wcme3tjDuDNvDqMBW1iZj0elXplR8QTVxm5Upn4hKRDR9isYHU6S+Q1DQOfm/mrz St1Tu2nSxSEnXmQVG0zDyA== 0000949377-06-000934.txt : 20061106 0000949377-06-000934.hdr.sgml : 20061106 20061106092957 ACCESSION NUMBER: 0000949377-06-000934 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20061106 ITEM INFORMATION: Results of Operations and Financial Condition ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20061106 DATE AS OF CHANGE: 20061106 FILER: COMPANY DATA: COMPANY CONFORMED NAME: PHOENIX COMPANIES INC/DE CENTRAL INDEX KEY: 0001129633 STANDARD INDUSTRIAL CLASSIFICATION: LIFE INSURANCE [6311] IRS NUMBER: 060493340 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-16517 FILM NUMBER: 061188813 BUSINESS ADDRESS: STREET 1: ONE AMERICAN ROW STREET 2: PO BOX 5056 CITY: HARTFORD STATE: CT ZIP: 061025056 BUSINESS PHONE: 8604035000 MAIL ADDRESS: STREET 1: ONE AMERICAN ROW STREET 2: PO BOX 5056 CITY: HARTFORD STATE: CT ZIP: 061025056 8-K 1 pnx79185_8-k.txt
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 ----------------------------------------------- FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of Report (Date of earliest event reported): November 6, 2006 The Phoenix Companies, Inc. - ---------------------------------------------------------------------------------------------------------- (Exact name of registrant as specified in its charter) Delaware 001-16517 06-1599088 - ------------------- -------------------------- ------------------------- (State or other jurisdiction (Commission File Number) (IRS Employer of incorporation) Identification No.) One American Row, Hartford, CT 06102 -5056 - -------------------------------------------------------- -------------------- (Address of Principal Executive Offices) (Zip Code) Registrant's telephone number, including area code: (860) 403-5000 -------------------------- NOT APPLICABLE ----------------------------------------------------------------------------------------- (Former name or former address, if changed since last report) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: [ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) [ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) [ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) [ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
ITEM 2.02 RESULTS OF OPERATIONS AND FINANCIAL CONDITION. On November 6, 2006, The Phoenix Companies, Inc. issued a press release announcing its updated financial results for the quarter ended September 30, 2006. This release is furnished as Exhibit 99.1 hereto, and is incorporated herein by reference. ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS. (a) Not applicable (b) Not applicable (c) Not applicable (d) Exhibits The following exhibit is furnished herewith: 99.1 News release of The Phoenix Companies, Inc. dated November 6, 2006. SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. THE PHOENIX COMPANIES, INC. Date: November 6, 2006 By: /s/ Katherine P. Cody ----------------------------------- Name: Katherine P. Cody Title: Senior Vice President and Chief Accounting Officer EX-99.1 2 pnx79185ex99-1.txt NEWS RELEASE EXHIBIT 99.1 NEWS RELEASE [LOGO]PHOENIX FOR IMMEDIATE RELEASE One American Row PO Box 5056 CONTACT: MEDIA RELATIONS: Hartford CT 06102-5056 --------------- www.phoenixwm.com ALICE S. ERICSON 860-403-5946 INVESTOR RELATIONS: ------------------- PETER A. HOFMANN 860-403-7100 The Phoenix Companies, Inc. Updates Third Quarter 2006 Earnings HARTFORD, CT., NOVEMBER 6, 2006 - The Phoenix Companies, Inc. (NYSE:PNX) today announced that prior to the filing of its quarterly report on Form 10-Q for the third quarter of 2006, it received notice regarding a death claim in a run-off block of corporate owned life insurance. This subsequent event will change the company's earnings that were previously released on October 26, 2006. The impact of the claim on the company's net income is $4.5 million before taxes and $3.1 million after taxes, and will be reported in the Traditional Life product line in the Life and Annuity segment. As a result of this claim, Phoenix's net income for the third quarter of 2006 will be $34.3 million, or $0.30 per diluted share, a 30 percent rise from $26.4 million, or $0.26 per diluted share, in the third quarter of 2005. ------------------------------------------------------------------------- THIRD QUARTER 2006 -------------------------------- ---------------------------------------- AS REPORTED AS UPDATED -------------------------------- ---------------------- ----------------- NET INCOME ($ in millions) $37.4 $34.3 -------------------------------- ---------------------- ----------------- NET INCOME PER SHARE -------------------------------- ---------------------- ----------------- Basic $0.33 $0.30 -------------------------------- ---------------------- ----------------- Diluted $0.32 $0.30 ------------------------------------------------------------------------- With roots dating to 1851, The Phoenix Companies, Inc. (NYSE:PNX) helps individuals and institutions solve their often highly complex personal financial and business planning needs through its broad array of life insurance, annuities and investments. In 2005, Phoenix had annual revenues of $2.6 billion and total assets of $27.7 billion. For more information, visit www.phoenixwm.com. ------------------ # # # -----END PRIVACY-ENHANCED MESSAGE-----