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Stock Market & Financial Investment News

News Breaks
July 10, 2014
08:40 EDTENH, AHLEndurance Specialty urges Aspen Insurance holders to vote WHITE proxy card
Endurance Specialty (ENH) is urging fellow shareholders of Aspen Insurance (AHL) to "tell Aspen's board and management it's time to put entrenched interests aside and focus on the clear benefits of Endurance's offer." In a letter being sent to Aspen shareholders, Endurance requests that Aspen shareholders vote FOR its proposals to requisition a special general meeting of shareholders in connection with Endurance's proposal to increase the size of Aspen's board of directors from 12 to 19 directors and to authorize support for the proposal of a Scheme of Arrangement by Endurance. By voting FOR Endurance's two proposals on the WHITE card, Aspen shareholders would be taking concrete action towards realizing the significant upfront premium and opportunity for long-term value of Endurance's offer.
News For ENH;AHL From The Last 14 Days
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October 29, 2014
16:52 EDTAHLAspen Insurance reports Q3 adjusted EPS $1.08, consensus $1.17
Reports diluted book value per share of $44.60 at September 30, up 9.0% from December 31, 2013. Aspen now expects to achieve an operating return on equity comfortably in excess of 10% in 2014, assuming normal loss experience. Aspen expects to achieve an operating return on equity of 11% in 2015, and to achieve an operating return on equity of between 11% and 12% in 2016.

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