New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
March 17, 2014
04:55 EDTPRA, PRA, EMC, EMC, HALL, HALL, SIGI, SIGI, AFG, AFG, FFG, FFG, UFCS, UFCS, BCRH, BCRH, IPCC, IPCC, AEL, AEL, AGII, AGII, AFH, AFHThe NYSSA to hold a conference
18th Annual Insurance Conference is being held in New York on March 17-18.
News For PRA;AGII;AEL;IPCC;BCRH;UFCS;FFG;AFG;SIGI;HALL;EMC;AFH From The Last 14 Days
Check below for free stories on PRA;AGII;AEL;IPCC;BCRH;UFCS;FFG;AFG;SIGI;HALL;EMC;AFH the last two weeks.
Sign up for a free trial to see the rest of the stories you've been missing.
August 19, 2014
08:11 EDTEMCVMware promotes Betsy Sutter to SVP, Chief People Officer
Subscribe for More Information
08:09 EDTEMCVMware updates executive responsibilities
Subscribe for More Information
August 18, 2014
16:55 EDTAFGAmerican Financial Group raises annual dividend 14% to $1.00 per share
American Financial Group announced that its Board of Directors has approved an increase in the company’s regular annual dividend from 88c to $1.00 per share of common stock. The increased dividend, when declared, will be paid on a quarterly basis of 25c per share of common stock beginning in October. The new dividend rate represents a 14% increase over the annual rate paid thus far in 2014. The company has increased its dividend in each of the last nine years.
August 15, 2014
13:17 EDTUFCSUnited Fire & Casualty extends stock repurchase program to August 31, 2016
Subscribe for More Information
August 14, 2014
19:07 EDTHALLHallmark Financial names Naveen Anand as CEO
Hallmark Financial Services announced the appointment of Naveen Anand as CEO. Anand joins Hallmark most recently from Torus Insurance Holdings. Anand joined Torus in 2009 as U.S. CEO and Global COO.
11:45 EDTEMCNetApp rises after earnings beat, Needham upgrade
Shares of storage systems provider NetApp (NTAP) are advancing after the company posted better than expected first quarter results and received positive analyst commentary. WHAT'S NEW: Last night, NetApp reported Q1 adjusted earnings per share of 60c and revenue of $1.49B, beating analysts' consensus estimates of 57c and $1.47B, respectively. Q1 adjusted gross margin was 64.3%. WHAT'S NOTABLE: NetApp forecast second quarter adjusted EPS of 66c-71c and revenue of $1.49B-$1.59B, compared to consensus of 69c and $1.53B, respectively. For fiscal 2015, the company sees EPS growth just under 10% and revenue growth in the mid-single digits. FY15 adjusted gross margin is seen at 63%-64%. On NetApp's Q1 conference call, management said it was seeing a rebound in enterprise spending in the U.S. ANALYST REACTION: This morning, analyst commentary was overwhelmingly positive. Needham upgraded NetApp to Buy from Hold following its strong Q1 report, citing better enterprise spending. Their price target was $49. Two firms, Piper Jaffray and Brean Capital, raised their respective price targets on NetApp and Pacific Crest said NetApp is "'undervalued and underappreciated," noting that the company's Q1 results included 13% earnings growth year-over-year. PRICE ACTION: In late morning trading, NetApp rose $1.47, or 3.7%, to $40.77 on heavy trading volume. Despite today's advance, the stock is down approximately 4% over the past 12 months. OTHERS TO WATCH: Other companies in the storage space include: EMC (EMC), Dot Hill Systems (HILL) and Nimble Storage (NMBL).
11:36 EDTEMCEMC executive say 'Virtual Isilon' coming, IT Wire reports
EMC's Isilon storage product has proved popular in Australia with customers that need large amounts of storage and EMC CTO John Roese told a customer event in Melbourne this month that "Virtual Isilon" is coming this year, reported IT Wire. Reference Link
August 8, 2014
08:32 EDTEMCVMware, others could benefit from increased cloud adoption, says Pacific Crest
Subscribe for More Information

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use