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Stock Market & Financial Investment News

News Breaks
March 3, 2014
04:55 EDTLNC, LNC, HIG, HIG, ALL, ALL, AEG, AEG, Y, Y, PRE, PRE, PFG, PFG, RGA, RGA, XL, XL, ACGL, ACGL, AIG, AIG, SYA, SYA, PL, PL, MET, METAssociation of Insurance & Financial Analysts to hold a conference
39th Annual AIFA Conference is being held in Boca Raton, Florida on March 2-4.
News For LNC;PL;SYA;AIG;ACGL;XL;RGA;PFG;PRE;Y;AEG;ALL;HIG;MET From The Last 14 Days
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September 29, 2014
09:47 EDTPLProtective Life to host special shareholder meeting
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08:24 EDTAIGAIG bailout challenged by former CEO Greenberg, WSJ reports
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September 25, 2014
06:08 EDTALLCiti recommends long Progressive, short Allstate pair trade
Citigroup recommends a pair trade of overweighting Progressive (PGR) while underweighting Allstate (ALL). Citi expects margins to expand for Progressive and fall at Allstate. The firm has a Buy rating on Progressive and Neutral rating on Allstate.
September 24, 2014
17:33 EDTALLMarchex received notice of termination from Allstate
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07:12 EDTLNCLincoln National management to meet with UBS
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September 23, 2014
10:02 EDTAEGOn The Fly: Analyst Upgrade Summary
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07:18 EDTLNCLincoln National management to meet with UBS
Meetings to be held in Geneva/Zurich on September 23 hosted by UBS.
September 22, 2014
16:39 EDTAEGAEGON upgraded to Buy from Neutral at Goldman
07:30 EDTLNCLincoln National management to meet with UBS
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September 19, 2014
11:19 EDTAIGAIG loss of Jay Wintrob a 'big deal,' says Wells Fargo
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10:06 EDTALLOn The Fly: Analyst Downgrade Summary
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07:10 EDTALLMarchex price target cut to $6 from $12 at RBC Capital
RBC Capital cut its price target on Marchex (MCHX) after the company announced that Allstate (ALL) would no longer be its customer. However, the firm notes that Marchex has about $3.40 per share in cash, and it still believes that the company can benefit from the mobile and local Internet "megatrend." It keeps an Outperform rating on the shares.
06:26 EDTALLAllstate downgraded to Equal-Weight from Overweight at Evercore
September 18, 2014
16:30 EDTAIGAIG Life & Retirement CEO Jay Wintrob leaving company
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12:45 EDTALLOn The Fly: Midday Wrap
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08:59 EDTALLOn The Fly: Pre-market Movers
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06:20 EDTALLMarchex cuts 2014 call-driven revenue outlook due to revised Allstate commitment
Allstate (ALL) has indicated its desire to move to a fixed fee model going forward. Under this proposed model, Marchex’s (MCHX) economic upside would have been limited, while financial exposure to Marchex would have remained. Marchex does not believe it is in its best long-term interest to work under such an arrangement. Marchex will continue to work with Allstate as an integration partner utilizing its call analytics technology. Marchex expects this will be a relatively small financial contributor. Marchex CEO Russell Horowitz said, "“This outcome is disappointing, as we believe that a performance-based model is the way most companies are progressing. This is the trend we are seeing with our customer base... Beyond Allstate, we continue to experience growth in our customer base for call-driven advertising products and believe we are early in the customer adoption phase of mobile and call-driven advertising."
September 17, 2014
14:41 EDTMETMetLife management to meet with Sterne Agee
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12:16 EDTRGAReinsurance Group receives license from CIRC to operate branch in Shanghai
Reinsurance Group of America, Incorporated announced that its primary operating subsidiary, RGA Reinsurance Company, has received approval from the China Insurance Regulatory Commission, or CIRC, of its application to operate a Branch Office in Shanghai, China. The Shanghai branch office will significantly increase RGA's presence in China and will permit it to provide a full range of services to insurers operating in this important and growing market. RGA has maintained a presence in China since 2005, when it received approval to open a representative office in Beijing. RGA will continue to maintain its representative office in Beijing.
05:26 EDTAEGAEGON determines stock fraction interim dividend, announces 16.32M share buyback
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