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Stock Market & Financial Investment News

News Breaks
March 12, 2013
05:48 EDTCB, TRVRising 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, 2014
14:00 EDTTRVTravelers weakness creates buying opportunity, says Argus
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April 22, 2014
06:58 EDTTRVTravelers board increases quarterly dividend by 10% to 55c
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06:58 EDTTRVTravelers reports Q1 adjusted EPS $2.95, consensus $2.16
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April 21, 2014
15:16 EDTTRVNotable companies reporting before tomorrow's open
Notable companies reporting before tomorrow's market open, with earnings consensus, include Comcast (CMCSA), consensus 64c; United Technologies (UTX), consensus $1.27; McDonald's (MCD), consensus $1.24; Simon Property Group (SPG), consensus $2.24; Lockheed Martin (LMT), consensus $2.53; Bank of New York Mellon (BK), consensus 53c; Illinois Tool Works (ITW), consensus 98c; Travelers (TRV), consensus $2.16; Omnicom Group (OMC), consensus 79c; Pentair (PNR), consensus 73c; Harley-Davidson (HOG), consensus $1.08; Regions Financial (RF), consensus 20c; Genuine Parts Company (GPC), consensus $1.02; Xerox (XRX), consensus 24c; Carlisle (CSL), consensus 53c.
April 15, 2014
10:00 EDTTRVOn The Fly: Analyst Downgrade Summary
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05:29 EDTTRVTravelers downgraded to Market Perform from Outperform at Raymond James
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