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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 28, 2014
13:47 EDTENH, AHLEndurance seen dropping Aspen bid by 'most' observers, Insurance Insider says
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July 25, 2014
18:56 EDTAHL, ENHAspen Insurance holders overwhelmingly reject Endurance authorization proposals
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July 23, 2014
16:50 EDTAHLAspen Insurance sees 11% operating return on equity in FY15
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16:50 EDTAHLAspen still expects to achieve or exceed 10% operating return on equity in FY14
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16:46 EDTAHLAspen Insurance reports Q2 EPS $1.40, consensus $1.34
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July 21, 2014
07:01 EDTAHL, ENHAspen issues letter urging investors to reject Endurance proposals
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July 17, 2014
10:00 EDTENHOn The Fly: Analyst Upgrade Summary
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07:36 EDTENH, AHLEndurance Specialty upgraded to Buy from Neutral at Janney Capital
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06:28 EDTENHEndurance Specialty upgraded to Buy from Neutral at Janney Capital
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July 16, 2014
08:33 EDTENH, AHLGlass Lewis recommends Aspen Insurance shareholders reject Endurance proposals
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