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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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April 27, 2015
16:10 EDTENHEndurance Specialty appoints James Engel as Chief Claims Officer
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April 22, 2015
16:30 EDTAHLAspen Insurance reports Q1 EPS $1.87, consensus $1.38
Gross written premiums increased by 7.4% to $919.2M. Reports diluted book value per share of $46.02 at March 31, up 2.0% from December 31, 2014. Aspen continues to expect to achieve an operating return on equity of 11% in 2015.
11:07 EDTAHLAspen Insurance raises dividend to 21c from 20c per share
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