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Stock Market & Financial Investment News

News Breaks
July 16, 2014
08:33 EDTAHL, ENHGlass Lewis recommends Aspen Insurance shareholders reject Endurance proposals
Aspen Insurance Holdings Limited (AHL) noted that Glass, Lewis & Co has recommended that Aspen shareholders REJECT both proposals made by Endurance Specialty Holdings Ltd. (ENH) and REVOKE any authorizations submitted on such proposals by executing and returning Aspen’s BLUE revocation card. Glass Lewis said "In our view, given that the Aspen board appears to have acted in good faith with Endurance, the Aspen board considered Endurance's proposals on multiple occasions and formed a reasonable basis to reject such proposals and the Company continues to report solid performance on a stand-alone basis, shareholder authorization of an attempt to override the board's conclusions by seeking a court-ordered special meeting is not warranted.” The report concluded that: “…we believe Endurance has failed to make a compelling case for Aspen shareholders to support the proposed authorizations.”
News For AHL;ENH From The Last 14 Days
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July 31, 2015
16:32 EDTENHEndurance Specialty completes Montpelier acquisition, sees accretion
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July 30, 2015
19:35 EDTENHOn The Fly: After Hours Movers
UP AFTER EARNINGS: YRC Worldwide (YRCW), up 17.7%... SkyWest (SKYW), up 11.5%... Zeltiq Aesthetics (ZLTQ), up 9%... Columbia Sportswear (COLM), up 11%... Expedia (EXPE), up 7.9%... Ellie Mae (ELLI), up 7%... Comfort Systems (FIX), up 6.2%... DigitalGlobe (DGI), up 5%... Fiesta Restaurant Group (FRGI), up 8%... Amgen (AMGN), up 1.9%. ALSO HIGHER: Juno Therapeutics (JUNO), up 1.7% after getting FDA clearance for IND application for JCAR015... Priceline (PCLN), up 1.5% following Expedia's quarterly results... Coca-Cola Enterprises (CCE), up 9.6% after the Wall Street Journal reported that the company is in advanced talks with Coca-Cola bottlers... Endurance Specialty (ENH), up 2.6% after being added to the S&P MidCap 400. DOWN AFTER EARNINGS: Oculus (OCLS), down 17%... Computer Programs (CPSI), down 11.9%... Outerwall (OUTR), down 9.2%... FireEye (FEYE), down 5.2% after reporting quarterly results and that CFO Michael Sheridan intends to leave the company... Hanesbrands (HBI), down 8.5%... Solazyme (SZYM), down 8.8%... Boston Beer (SAM), down 5.2%... Ocwen Financial (OCN), down 10.7%... LinkedIn (LNKD), down 4.5%... Electronic Arts (EA), down 3.2%.
17:53 EDTENHS&P announces changes to the S&P 400, 600 indices
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17:18 EDTENHEndurance Specialty to replace TimkenSteel in S&P 400 as of 7/31 close
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13:49 EDTENHEndurance Specialty receives regulatory approvals for Montpelier Re acquisition
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July 27, 2015
16:30 EDTAHLAspen Insurance reports Q2 EPS 99c, consensus $1.38
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July 20, 2015
10:00 EDTAHLOn The Fly: Analyst Upgrade Summary
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06:19 EDTAHLAspen Insurance upgraded to Neutral from Underperform at Macquarie
Macquarie upgraded Aspen Insurance to Neutral and increased its price target to $49 from $40 citing fair valuation and industry consolidation.

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