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Stock Market & Financial Investment News

News Breaks
June 3, 2014
07:28 EDTPFG, AXS, AIG, HIG, AMP, RE, CNO, ALLWells 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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July 1, 2015
16:51 EDTAIGCheckpoint Systems pays $9M to AIG to resolve litigation
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12:55 EDTHIGHartford Financial calls active on ACE Limited acquisition of Chubb
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June 29, 2015
09:10 EDTAXSExor updates PartnerRe offer by expanding legally binding guarantee for the deal
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June 24, 2015
17:57 EDTAIGWall Street applauds Senate giving go-ahead for 'fast track' trade powers
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16:28 EDTCNOCNO Financial CFO leaves company
CNO Financial CFO Frederick Crawford has resigned, effective immediately, to accept another employment opportunity. Chief Accounting Officer John Kline and Erik Helding, Senior VP, Treasury and Investor Relations, have been appointed to oversee the financial operations of the company on an interim basis until a successor to Crawford is found. Kline and Helding will continue to perform their current duties during the interim period. The company is launching a search of both internal and external candidates to identify a new CFO.
10:11 EDTAXSPartnerRe comments on 'continued misleading statements' by EXOR
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June 23, 2015
08:28 EDTAXSEXOR says offer for PartnerRe 'superior by all significant measures'
EXOR S.p.A., the largest shareholder of PartnerRe Ltd. (PRE), is entering the second week of meetings with PartnerRe analysts and investors to ensure the maximum clarity regarding its offer for PartnerRe shareholders. EXOR says it "has received a positive response for its offer and for the presentation of the merits, certainty and superiority of its $137.50 per share, all-cash binding offer. In the face of the compelling facts presented by EXOR, after having already disseminated false statements on the EXOR transaction not endorsed by Standard & Poor’s PartnerRe continues its irresponsible campaign of intentionally and inappropriately misleading its shareholders. The more the PartnerRe board misleads its shareholders on the merits of the EXOR offer the clearer it is that the inferior AXIS (AXS) transaction is short on substance and long on execution and integration risks for its shareholders, employees and clients. EXOR is soliciting common and preferred shareholders to vote AGAINST the proposed AXIS transaction at the upcoming Special General Meeting of PartnerRe shareholders to be held on July 24. This will enable PartnerRe to accept EXOR’s superior offer for the company."
June 22, 2015
10:00 EDTALL, AXSOn The Fly: Analyst Downgrade Summary
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07:59 EDTAXSAXIS Capital downgraded to Neutral from Buy at MKM Partners
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07:42 EDTALLAllstate downgraded to Sell from Neutral at Citi
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07:03 EDTAXSPartnerRe files presentation detailing risks posed by EXOR's offer
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06:26 EDTAXSAXIS Capital downgraded to Neutral from Buy at MKM Partners
June 19, 2015
06:14 EDTAXSAxis, Arch Capital not in deal talks, Reuters reports
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