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Stock Market & Financial Investment News

News Breaks
March 12, 2013
05:48 EDTTRV, CBRising insurance costs hurting small U.S. banks, WSJ reports
Thousands of small U.S. banks are feeling a financial pinch from the government's efforts to punish executives and directors of banks that collapsed during the height of the financial crisis, reports the Wall Street Journal. Insurance premiums that cover directors and officers are rising sharply as the FDIC, seeking to replenish funds paid out to depositors of collapsed banks, accelerates its legal pursuit of officials from failed community lenders Insurance executives and banking-industry lawyers estimate premiums for small banks have risen at least 15% since the crisis. Some insurers are also boosting deductibles and writing policies that leave policyholders uncovered if regulators take future action. Reference Link
News For CB;TRV From The Last 14 Days
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April 23, 2015
16:13 EDTCBChubb reports Q1 operating EPS $1.57, consensus $1.52
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15:00 EDTCBNotable companies reporting after market close
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April 22, 2015
09:12 EDTTRVTravelers weakness creates buying opportunity, says Argus
Argus believes that Travelers' valuation is attractive after the stock sold off following its earnings. The firm thinks the company's 11% dividend increase is a sign of confidence. It keeps a $120 price target and Buy rating on the shares.
April 21, 2015
16:26 EDTTRVOn The Fly: Top stock stories for Tuesday
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12:33 EDTTRVOn The Fly: Top stock stories at midday
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07:11 EDTTRVTravelers says Q1 is encouraging, but notes severity of weather patterns
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07:00 EDTTRVTravelers board authorizes $5B of share repurchases
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07:00 EDTTRVTravelers board increases quarterly dividend by 11% to 61c
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06:58 EDTTRVTravelers reports Q1 operating EPS $2.53, consensus $2.54
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April 20, 2015
15:37 EDTTRVNotable companies reporting before tomorrow's open
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April 17, 2015
10:00 EDTTRVOn The Fly: Analyst Downgrade Summary
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05:31 EDTTRVTravelers downgraded to Equal Weight from Overweight at Barclays
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April 16, 2015
19:46 EDTTRVEcolab to acquire Travelers North Tower in St. Paul, MN, terms not disclosed
Ecolab (ECL) has signed a purchase agreement to acquire the 17-story North Tower from Travelers (TRV) in downtown St. Paul, MN. The transaction is expected to close in Q3, and by the end of 2018, Ecolab will relocate all associates from the three buildings that comprise its world headquarters in downtown St. Paul to the North Tower. Financial terms of the agreement are not being disclosed.
April 13, 2015
07:46 EDTTRVTravelers to acquire majority interest in property casualty business of JV
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