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Stock Market & Financial Investment News

News Breaks
December 30, 2013
06:14 EDTHIG, RGA, GNW, PL, METSEC seeks detail on 'captives' from insurers, WSJ reports
The SEC wants life insurers to disclose the potential cost if they are forced to halt use of controversial "captive" entities, sources say and according to regulatory filings, reports the Wall Street Journal. Captives are reinsurance entities that take on business only from their parent companies. At least five large publicly traded companies have exchanged letters with the SEC in recent months about their use and funding of the entities. Reference Link
News For MET;GNW;HIG;PL;RGA From The Last 14 Days
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April 24, 2014
17:16 EDTRGAReinsurance Group reports Q1 operating EPS $1.61, consensus $1.73
Reports Q1 revenue $2.66B, consensus $2.53B.
April 23, 2014
05:17 EDTGNWGenworth file prospectus for Australian IPO
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April 22, 2014
10:29 EDTMETMetLife increases Q2 dividend 27% to 35c per share
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April 16, 2014
10:00 EDTRGAOn The Fly: Analyst Downgrade Summary
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08:56 EDTHIGThe Hartford, IBM announce six-year technology services agreement
The Hartford (HIG) and IBM (IBM) announced a new six-year technology services agreement to implement a new service model that includes a private cloud infrastructure. The Hartford will move to a private cloud-based infrastructure on IBM’s PureFlex System. Under the $500M agreement, IBM will also provide a number of other services related to mainframe, storage, backup and resiliency. The Hartford will define the services it requires, and IBM will be responsible for the solution and delivery of those services.
05:34 EDTRGAReinsurance Group downgraded to Equalweight from Overweight at Barclays
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