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Stock Market & Financial Investment News

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October 29, 2012
06:17 EDTBRK.A, MKL, CB, BRO, TWGP, TRV, CRD.B, AGII, AIG, ALLSandy could be significant insurance event, says William Blair
William Blair says Hurricane Sandy has the potential to be a significant insurance event. The firm points out that Hurricane Irene produced $4B-$5B of insured losses. William Blair notes that Chubb (CB) and Travelers (TRV) have significant homeowners’ and commercial property exposures throughout the East Coast, while Allstate (ALL) is the second-largest homeowners' insurance underwriter and Tower Group (TWGP) has a relatively large East Coast property exposure. The firm lists Brown & Brown (BRO), AIG (AIG), and Crawford & Company (CRD.B) as having the most to gain from hurricane losses.
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October 17, 2014
05:50 EDTBBarnes Group raises quarterly dividend by 9% to 12c per share
The board of Barnes Group increased the company’s quarterly cash dividend 9% to 12c per share of common stock. The dividend will be payable December 10, to shareholders of record at the close of business on November 26. On an annualized basis, the increase raises the annual dividend from 44c per share to 48c per share.
October 15, 2014
14:24 EDTBBarnes Group diversifies funding profile with $100M private debt placement
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