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Stock Market & Financial Investment News

News Breaks
February 13, 2013
05:55 EDTNATL, NATL, TRV, TRV, Y, Y, VR, VR, AHL, AHL, AFL, AFL, XL, XL, AXS, AXS, PL, PL, RNR, RNR, MET, MET, ALL, ALLBofA/Merrill to host a conference
2013 Insurance Conference is being held in New York on February 13-14.
News For NATL;MET;RNR;PL;AXS;XL;AFL;AHL;VR;Y;TRV;ALL From The Last 14 Days
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July 1, 2015
09:54 EDTTRVWells does not expect competing bid for Chubb
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June 29, 2015
09:10 EDTAXSExor updates PartnerRe offer by expanding legally binding guarantee for the deal
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June 24, 2015
17:57 EDTMETWall Street applauds Senate giving go-ahead for 'fast track' trade powers
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16:28 EDTAFLAflac names Frederick Crawford as CFO, effective June 30
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10:11 EDTAXSPartnerRe comments on 'continued misleading statements' by EXOR
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June 23, 2015
08:45 EDTXLXL Group 5M share Block Trade priced at $38.00
The deal priced between the $37.90-$38.15 range. UBS acted as sole book running manager for the offering. For a complete list of this weeks deals visit The Fly's Syndicate section.
08:28 EDTAXSEXOR says offer for PartnerRe 'superior by all significant measures'
EXOR S.p.A., the largest shareholder of PartnerRe Ltd. (PRE), is entering the second week of meetings with PartnerRe analysts and investors to ensure the maximum clarity regarding its offer for PartnerRe shareholders. EXOR says it "has received a positive response for its offer and for the presentation of the merits, certainty and superiority of its $137.50 per share, all-cash binding offer. In the face of the compelling facts presented by EXOR, after having already disseminated false statements on the EXOR transaction not endorsed by Standard & Poor’s PartnerRe continues its irresponsible campaign of intentionally and inappropriately misleading its shareholders. The more the PartnerRe board misleads its shareholders on the merits of the EXOR offer the clearer it is that the inferior AXIS (AXS) transaction is short on substance and long on execution and integration risks for its shareholders, employees and clients. EXOR is soliciting common and preferred shareholders to vote AGAINST the proposed AXIS transaction at the upcoming Special General Meeting of PartnerRe shareholders to be held on July 24. This will enable PartnerRe to accept EXOR’s superior offer for the company."
June 22, 2015
16:19 EDTXLXL Group 5M share Block Trade; price range $37.90-$38.15
UBS is acting as sole book running manager for the offering that is expected to price before the open tomorrow.
10:00 EDTAXS, ALLOn The Fly: Analyst Downgrade Summary
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10:00 EDTMETOn The Fly: Analyst Upgrade Summary
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07:59 EDTAXSAXIS Capital downgraded to Neutral from Buy at MKM Partners
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07:42 EDTALLAllstate downgraded to Sell from Neutral at Citi
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07:26 EDTMETMetLife upgraded on share repurchase, interest rate outlook at RBC Capital
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07:03 EDTAXSPartnerRe files presentation detailing risks posed by EXOR's offer
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06:26 EDTAXSAXIS Capital downgraded to Neutral from Buy at MKM Partners
06:14 EDTMETMetLife upgraded to Outperform from Sector Perform at RBC Capital
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