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Stock Market & Financial Investment News

News Breaks
December 3, 2012
04:55 EDTENH, ENH, ACGL, ACGL, ALTE, ALTE, PTP, PTP, AHL, AHL, MRH, MRHSterne Agee to host a field trip
Insurance Field Trip travels to Bermuda to visit with various companies on December 3-4.
News For ENH;ACGL;ALTE;PTP;AHL;MRH From The Last 14 Days
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June 26, 2015
15:09 EDTMRH, ENHMontpelier Re to host special shareholder meeting
Special Shareholder Meeting to vote upon a proposal to approve the previously announced merger with Endurance Specialty Holdings (ENH) will be held in Pembroke, Bermuda on June 30 at 9:30 am.
15:07 EDTMRH, ENHEndurance Specialty to host special shareholder meeting
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June 19, 2015
09:26 EDTENH, MRHMontpelier Re declares specal dividend in connection with proposed acquisition
Montpelier Re Holdings Ltd. (MRH) announced that its Board of Directors has declared, subject to certain conditions, the previously announced special dividend of $9.89 per common share in connection with its pending acquisition by Endurance Specialty Holdings Ltd. (ENH) The special dividend would be payable prior to the effective time of the Merger on the closing date of the Merger to Montpelier shareholders of record at the close of business on the last business day prior to the Closing Date. The special dividend is contingent upon the satisfaction of various Merger closing conditions, including the approval of the Merger by the requisite vote of Montpelier common shareholders and the approval of the Endurance share issuance associated with the Merger by the requisite vote of Endurance ordinary shareholders. Montpelier and Endurance have each scheduled special general meetings of their respective shareholders for June 30 to consider and vote upon matters related to the Merger. There can be no assurance that the Closing Date will occur or that the special dividend will be paid.
06:14 EDTACGLAxis, Arch Capital not in deal talks, Reuters reports
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June 18, 2015
10:01 EDTACGLOn The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: Arch Capital (ACGL) downgraded to Market Perform from Outperform at BMO Capital... Bankrate (RATE) downgraded on revenue headwinds at SunTrust... Carter's (CRI) downgraded to Neutral from Buy at Sterne Agee CRT... Lumenis (LMNS) downgraded to Market Perform from Outperform at Wells Fargo... Nimble Storage (NMBL) downgraded to Hold from Buy at Wunderlich... Southwest (LUV) downgraded to Underweight from Overweight at Barclays... Spirit Airlines (SAVE) downgraded to Neutral from Outperform at Credit... Webster Financial (WBS) downgraded to Underweight from Equal Weight at Morgan Stanley.
07:15 EDTACGLArch Capital may bid as much as $65 per share for AXIS Capital, FT says
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06:44 EDTACGLArch Capital downgraded to Market Perform from Outperform at BMO Capital
BMO Capital downgraded Arch Capital to Market Perform with a $67 price target citing strong share performance year-to-date.

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