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Stock Market & Financial Investment News

News Breaks
November 1, 2012
07:20 EDTCB, TWGP, AIG, ACE, TRV, HIGGovernors' ruling to result in lower Sandy deductibles, NY Times reports
Several governors have ruled that insurance companies must treat hurricane Sandy as a tropical storm, rather than a hurricane,The New York Times reported yesterday. As a result, many coastal homeowners will be able to pay lower deductibles on their insurance policies, the newspaper said. Reference Link
News For TWGP;HIG;ACE;CB;TRV;AIG From The Last 14 Days
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June 19, 2013
10:09 EDTTRVTravelers files automatic mixed securities shelf
06:15 EDTAIGAIG price target raised to $56 from $52 at Deutsche Bank
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05:58 EDTAIGILFC selects Pratt & Whitney PurePower engines for additional 30 A320neo aircraft
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05:56 EDTAIGPratt & Whitney to provide PurePower engines on ILFC order
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05:53 EDTAIGAerolíneas Argentinas to lease four A330-200s from ILFC
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June 18, 2013
10:48 EDTAIGAIG subsidiary expands order for LEAP-1A engines
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07:21 EDTAIGAIG ILFC sale could be terminated, says Bernstein
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June 17, 2013
08:02 EDTAIGAIG extends deadline for ILFC sale deal, can solicit other offers
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07:30 EDTHIGHartford Financial price target raised to $35 from $30 at Citigroup
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07:15 EDTAIGILFC signs LOI to purchase 50 Embraer E-Jets E2 aircraft
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06:24 EDTAIGAIG subsidiary ILFC to purchase 50 incremental A320neo aircraft from Airbus
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June 16, 2013
21:30 EDTAIGILFC said to be set to order $5B worth of Airbus jets, Reuters reports
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June 13, 2013
08:38 EDTAIGAIG management to meet with Deutsche Bank
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June 12, 2013
09:17 EDTAIGAIG management to meet with Deutsche Bank
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06:20 EDTHIGNY regulator wants moratorium on "shadow insurance" practice, Reuters reports
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June 10, 2013
09:05 EDTTRVTravelers to acquire Dominion of Canada for $1.1B cash
The Travelers Companies announced that it has agreed to acquire The Dominion of Canada General Insurance Company from E-L Financial Corporation Limited for approximately $1.1B in cash, subject to adjustment. The Dominion and Travelers’ Canadian operations will be integrated and the combined organization will remain headquartered in Toronto. The transaction is expected to close in the fourth quarter of 2013, subject to regulatory approvals and other customary closing conditions. Travelers will fund the transaction, subject to market conditions, through a combination of debt and/or preferred stock financing and internal resources. Based on this financing plan, the company does not believe that the transaction will have a significant impact on anticipated share repurchases for 2013 or 2014. Jay Fishman, Chairman and CEO of Travelers, said, “This transaction is consistent with our strategy to make thoughtful investments in attractive markets outside the United States. The Dominion is a great franchise, and this is a very good opportunity for Travelers to significantly improve its market position and scale in a meaningful market. We expect that the transaction will have no significant impact on 2013 earnings per share and will be slightly accretive to 2014 earnings per share.”
09:04 EDTTRVE-L financial agrees to sell The Dominion of Canada General to Travelers
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09:03 EDTTRVTravelers to acquire The Dominion of Canada for $1.1B cash
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07:11 EDTHIGNational Investor Relations Institute to host conference
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June 7, 2013
18:51 EDTHIGCalifornia Controller announces $763M life insurance settlement
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