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Stock Market & Financial Investment News

News Breaks
November 30, 2011
13:56 EDTPMIC, ACEPenn Millers Holdings completes sale to ACE Ltd.
Penn Millers Holdings (PMIC) announced the completion of its previously announced merger with a subsidiary of ACE Limited (ACE). Under the terms of the merger agreement, Penn Millers shareholders will receive $20.50 per share in cash, without interest. In connection with the completion of the transaction, trading in the common stock of Penn Millers will be suspended and the common stock will be delisted by the NASDAQ Global Market.
News For PMIC;ACE From The Last 14 Days
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October 21, 2014
16:19 EDTACEACE Limited reports Q3 EPS $2.32, consensus $2.34
Operating income was $2.64 per share, compared with $2.49 per share for the same quarter last year. Book value and tangible book value per share increased 0.2% and 0.4%, respectively, from June 30. Book value and tangible book value per share now stand at $90.38 and $74.05, respectively.
15:30 EDTACENotable companies reporting after market close
Notable companies reporting after the market close, with earnings consensus, include Yahoo! (YHOO), consensus 30c; ACE (ACE), consensus $2.34; Discover Financial (DFS), consensus $1.34; Pinnacle Financial (PNFP), consensus 51c; Broadcom (BRCM), consensus 84c; Intuitive Surgical (ISRG), consensus $3.80; FMC Technologies (FTI), consensus 74c; Robert Half International (RHI), consensus 58c; E-Trade (ETFC), consensus 22c; Nabors Industries (NBR), consensus 36c; Waste Connections (WCN), consensus 54c; Cubist Pharmaceuticals (CBST), consensus 4c; Sonic (SONC), consensus 34c; American Campus Communities (ACC), consensus 43c; Cree (CREE), consensus 36c; Fulton Financial (FULT), consensus 20c; Costamare (CMRE), consensus 41c; Hawaiian Holdings (HA), consensus 78c; Ethan Allen (ETH), consensus 36c; Sabra Health (SBRA), consensus 55c; Rush Enterprises (RUSHA), consensus 51c.
08:46 EDTACEACE receives regulatory aprovals to close acquisition of P&C business
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October 15, 2014
06:05 EDTACEACE Limited creates new distribution unit in Asia Pacific
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06:00 EDTACEACE Limited creates new distribution, client management unit in Asia Pacific
ACE Group announced the creation of a new unit to focus solely on the execution of distribution strategies across the Asia Pacific region. Enabling a high-level and efficient conduit between ACE and its distribution partners throughout the vast territory stretching from South Korea to Australia and New Zealand, this unit will focus on maximizing ACE’s product offering including portfolio-based solutions, facilities, joint product design and execution initiatives with key brokers in the region. Additionally, the unit will serve the unique needs of ACE’s large clients domiciled in Asia Pacific with the ultimate mission to ensure efficient trading across all commercial lines of business; providing distribution partners and clients with relevant and timely products backed by the strength of ACE’s balance sheet.

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