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Stock Market & Financial Investment News

News Breaks
July 14, 2014
09:45 EDTENH, AHLEndurance Specialty says 'disappointed' with ISS report
Endurance Specialty (ENH) commented on the recommendations by proxy advisory service Institutional Shareholder Services regarding its two shareholder proposals in connection with Endurance's offer to acquire Aspen Insurance (AHL). John Charman, CEO of Endurance, stated: "While we are disappointed by the ISS recommendations and strongly disagree with the positions taken, Aspen shareholders should note that the ISS report explicitly takes no position whatsoever on the merits of our offer and surprisingly ignores the substantial and fundamental issues of poor corporate governance continuously demonstrated by Aspen's board and management, relying instead on questionable technical assessments of vote timing and mechanics. ISS fails to recognize that Endurance was forced to take the two proposals directly to Aspen shareholders because of the failure of Aspen's board and management to enter into discussions with Endurance."
News For ENH;AHL From The Last 14 Days
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October 31, 2014
08:56 EDTENHGuidewire selected by Endurance Specialty Holdings for InsuranceSuite
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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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