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Stock Market & Financial Investment News

News Breaks
June 23, 2014
09:05 EDTAXSAXIS Capital COO jack Gressier to retire, effecgtive June 30, 2015
AXIS Capital Holdings Limited announced that Jack Gressier, COO, has provided notice of retirement effective June 30, 2015, so that he may spend more time with his family. Effective immediately, Gressierís current responsibilities will be distributed among Peter Wilson, CEO of AXIS Insurance; Christopher DiSipio, CEO of AXIS Accident & Health; and Richard Strachan, Chief Operations Officer. Wilson and DiSipio will now report directly to Albert Benchimol, President and CEO of AXIS Capital. Strachan will assume responsibility for both ceded reinsurance and broker relationship management, and he will continue to report to Benchimol. The company does not intend to replace Gressier.
News For AXS From The Last 14 Days
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July 30, 2014
08:41 EDTAXSAXIS Capital weakness creates attractive entry point, says JMP Securities
After AXIS reported higher than expected Q2 operating EPS, JMP Securities thinks investors should be pleased with the stability of the results. The firm believes that the company's efforts to re-focus the book need more time to play out, and it reiterates an Outperform rating on the shares.
July 29, 2014
16:46 EDTAXSAXIS Capital reports Q2 book value per common share of $49.69
Reports diluted book value per common share of $49.69, a 5% increase during the quarter and a 16% increase over the last 12 months.
16:45 EDTAXSAXIS Capital reports Q2 non-GAAP EPS $1.63, consensus $1.20
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July 17, 2014
06:27 EDTAXSPlatinum Q2 may turn reinsurance sentiment negative, says Citigroup
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