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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
Check below for free stories on NATL;MET;RNR;PL;AXS;XL;AFL;AHL;VR;Y;TRV;ALL the last two weeks.
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September 19, 2014
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
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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September 16, 2014
13:24 EDTAFLAflac to increase exposure to 'growth assets,' Bloomberg says
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September 15, 2014
06:07 EDTMETMetLife to host investor day
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September 14, 2014
13:38 EDTALLAllstate shares still look like a bargain, Barron's says
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September 12, 2014
07:31 EDTXLAda Investments announces strategic investment by XL Group
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September 9, 2014
11:50 EDTAFLAflac to hold a briefing
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September 8, 2014
07:24 EDTALLBarclays to hold a conference
Global Financial Services Conference to be held in New York on September 8-10.
September 5, 2014
07:50 EDTMETMetLife can fund any new capital requirements internally, says Wells Fargo
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