Welcome to our dedicated page for Voya Financial news (Ticker: VOYA), a resource for investors and traders seeking the latest updates and insights on Voya Financial stock.
Voya Financial Inc (NYSE: VOYA) delivers retirement, investment, and insurance solutions through its market-leading Wealth Solutions, Investment Management, and Health Solutions divisions. This news hub provides investors and professionals with essential updates about VOYA's strategic initiatives and financial performance.
Access official press releases, earnings reports, and regulatory filings in one centralized location. Stay informed about product launches, leadership changes, and partnership developments that shape VOYA's position in financial services.
Our curated collection features updates across retirement planning innovations, institutional investment strategies, and healthcare-related financial products. Content is verified for accuracy and updated systematically to reflect the company's latest public communications.
Bookmark this page for streamlined tracking of VOYA's market activities. Combine these timely updates with historical announcements to analyze trends in financial security solutions and enterprise technology adoption.
Voya Cares® and the National Down Syndrome Society (NDSS) are awarding a $10,000 grant to entrepreneur Kevin Davis, owner of Mind Body Botanicals, to support his business aimed at providing accessible moisturizing products for individuals with limited mobility. The grant highlights the collaboration between Voya and NDSS to empower entrepreneurs with Down syndrome. Davis plans to use the funds for marketing and inventory expansion, showcasing his commitment to inclusivity and community impact.
Voya Financial (NYSE: VOYA) will participate in the Goldman Sachs U.S. Financial Services Conference on December 7, 2022, at 1:00 p.m. ET. Key executives including Rodney O. Martin, Jr., Heather Lavallee, and Michael Katz will represent the company. Interested parties can access the live webcast here. Voya is a leading health, wealth, and investment company with $711 billion in assets under management as of September 30, 2022.
Voya Financial (NYSE: VOYA) has announced the winners of its annual Voya Unsung Heroes program, aimed at recognizing innovative educators. The program awarded over $6 million since its inception. LeAnn Holden-Martin received $25,000 for her 'Sonny House Job Skills Program'; Emily Bennett won $10,000 for her 'Hydroponics Lab'; and Laura Wommack secured $5,000 for her 'Growing Science with Aquaponics.' Applications for the 2023 awards are open until April 28, 2023.
Voya Financial (NYSE: VOYA) has added the Pomona Investment Fund (PIF) as a new option within its nonqualified deferred compensation (NQDC) executive-benefit solution. This fund provides accredited investors access to private equity investments, aiming for long-term capital appreciation through seasoned private equity funds and direct opportunities. With over $711 billion in assets under management, Voya continues to innovate in workplace solutions, enhancing potential returns for participants in NQDC plans.
Voya Financial, Inc. reported a strong third quarter of 2022 with net income of $1.82 per diluted share, reflecting a 58% increase compared to the same quarter in 2021. Adjusted operating earnings reached $2.30 per diluted share, driven by 12% to 17% EPS growth expectations for the year. Notable metrics include a 10.4% rise in Wealth Solutions deposits to $13 billion and a 9.7% increase in Health Solutions premiums to $2.8 billion. Voya's acquisition of Benefitfocus will enhance its workplace benefits offering, expected to close in Q1 2023.
Voya Financial has announced its acquisition of Benefitfocus for $10.50 per share, totaling approximately $570 million, including debt. This acquisition aims to strengthen Voya's health and wealth solutions by enhancing benefits administration capabilities. The deal is expected to be immediately accretive to Voya's adjusted operating earnings per share, even prior to realizing future revenue synergies. Following the acquisition, Voya's customer base will expand to approximately 38 million individuals, reinforcing its presence in the workplace benefits sector.
