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Stock Market & Financial Investment News

News Breaks
June 3, 2014
07:28 EDTHIG, AMP, RE, CNO, ALL, PFG, AXS, AIGWells Fargo to hold a forum
5th Annual Wells Fargo Insurance Forum to be held in Boston on June 3.
News For AIG;ALL;AMP;AXS;CNO;HIG;PFG;RE From The Last 14 Days
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December 17, 2014
09:25 EDTALLAllstate announces new leadership structure
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December 16, 2014
07:30 EDTRE, AXSUBS to hold a conference
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December 12, 2014
14:38 EDTHIGHartford Financial price target raised to $47 from $44 at Argus
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08:09 EDTPFG, AIGBofA/Merrill financial analysts hold an analyst/industry conference call
Banks Analyst Najarian, along with Capital Markets Analyst Carrier, Specialty Finance Analyst Bruce discuss the year ahead in Financials, covering the Banks, Capital Markets, Life and P/C Insurance, REIT, Specialty Finance and Canadian Banks/Life Insurance sectors on an Analyst/Industry conference call to be held on December 16 at 10 am.
December 9, 2014
10:23 EDTALL, REOn The Fly: Analyst Initiation Summary
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07:45 EDTAMPGoldman to hold a conference
U.S. Financial Services Conference is being held in New York on December 9-10.
06:57 EDTALLAllstate initiated with an Overweight at JPMorgan
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06:55 EDTREEverest Re initiated with a Neutral at JPMorgan
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December 5, 2014
16:14 EDTAXSAXIS Capital announces $750M share repurchase, increases dividend 7.4%
AXIS Capital Holdings announced that the company's board has authorized the repurchase up to $750M of the company’s common shares. The board has authorized the company to effect repurchases under this new plan in open market or privately negotiated transactions through December 31, 2016, depending on market conditions. This new repurchase authorization, effective January 1, 2015, will replace the existing authorization, which currently has approximately $268M in remaining authorization available through December 31, 2015. The company’s board also declared a quarterly dividend of 29c per common share, which represents an increase of 7.4%. The common dividend will be payable on January 15, 2015 to the shareholders of record at the close of business on December 31, 2014.

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