
Patrick J. Dalton - President and Chief Operating Officer at Apollo Investment Corporation Analysts Arren Cyganovich - Evercore Partners Inc., Research Division Richard B. Shane - JP Morgan Chase & Co, Research Division Greg Mason - Stifel, Nicolaus
Giovanni - Goldman Sachs Ed Spehar - Bank of America-Merrill Lynch Steven Schwartz - Raymond James Mark Finkelstein - Evercore Partners Jimmy Bhullar - JPMorgan Presentation Operator Good day, ladies and gentlemen and welcome to the first quarter 2012 Protective
Meredith - UBS Investment Bank, Research Division Gregory Locraft - Morgan Stanley, Research Division Vinay Misquith - Evercore Partners Inc., Research Division Joshua D. Shanker - Deutsche Bank AG, Research Division Matthew G. Heimermann - JP Morgan
result, Groupon is now trading at about half its IPO price - making it the "deal of the day." Just a few days ago at Evercore Partners , Analyst Ken Sena, upgraded shares of Groupon to "Overweight" and has a conservative $15 target price. Nasdaq research
Arnold – RBC Capital Markets Douglas Harter – Credit Suisse Jason Weaver – Sterne Agee & Leach Inc. Arren Cyganovich – Evercore Partners Christopher R. Donat – Sandler O'Neill Daniel Furtado – Jefferies & Co. Alan Straus – Schroders Michael Widner
International Businesses Analysts Christopher Giovanni - Goldman Sachs Group Inc., Research Division A. Mark Finkelstein - Evercore Partners Inc., Research Division Thomas G. Gallagher - Crédit Suisse AG, Research Division Randy Binner - FBR Capital Markets
Josh Shanker – Deutsche Bank Doug Mewhirter – RBC Capital Markets Josh Stirling – Sanford Bernstein Vinay Misquith – Evercore Partners Jay Cohen – Bank of America/Merrill Lynch Ron Bobman – Private Investor Presentation Operator Good morning. My name is
President of Wealth Management Group Douglas G. Elliot - President of Commercial Markets Analysts A. Mark Finkelstein - Evercore Partners Inc., Research Division John M. Nadel - Sterne Agee & Leach Inc., Research Division Andrew Kligerman - UBS Investment
Insurance Company Analysts Christopher Giovanni - Goldman Sachs Group Inc., Research Division A. Mark Finkelstein - Evercore Partners Inc., Research Division Edward A. Spehar - BofA Merrill Lynch, Research Division Jay Gelb - Barclays Capital, Research
Nicolaus & Co., Inc., Research Division Howard Chen - Crédit Suisse AG, Research Division Christopher J. Allen - Evercore Partners Inc., Research Division Niamh Alexander - Keefe, Bruyette, & Woods, Inc., Research Division Brian Bedell - ISI Group