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Stock Market & Financial Investment News

News Breaks
November 12, 2012
06:37 EDTTWGP, HIG, ACE, CB, TRV, AIGSchumer asks weather agency to call Sandy tropical storm, The Hill says
Senator Chuck Schumer, a Democrat, called on the National Oceanic and Atmospheric Administration, the federal weather agency, to avoid calling Sandy a hurricane, The Hill reported yesterday afternoon. Labeling the storm a hurricane could raise the deductibles of people affected by the storm to $20,000, versus just $1,000 for a tropical storm, the publication quoted the senator as writing in a letter to the agency. Reference Link
News For TWGP;HIG;ACE;CB;TRV;AIG From The Last 14 Days
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May 20, 2013
13:07 EDTAIGAIG to own 9.9% of shares in PICC Property & Casualty
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May 17, 2013
08:53 EDTAIGJPMorgan's life insurance analyst holds an analyst/industry conference call
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May 16, 2013
16:22 EDTAIGForest City, AIG form strategic equity partnership for project in Dallas
Forest City Enterprises (FCE.A, FCE.B) announced that it has closed a strategic capital partnership with AIG Global Real Estate (AIG) for the development of 3700M, a 381-unit apartment project in the West Village neighborhood of Dallas. Forest City and AIG will share ownership and fund the equity requirements for the project, which began construction in December 2012 and is expected to be completed in the third quarter of 2014.
12:09 EDTACEACE boosts dividend 4% to 51c per share
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08:39 EDTHIGHartford Financial hires Deutsche to find buyer for Japan unit, Bloomberg says
Hartford Financial Services (HIG) engaged Deutsche Bank (DB) to seek a buyer for its Japanese annuity unit, according to Bloomberg, citing people with knowledge of the matter. Reference Link
08:33 EDTHIG, AIGBofA/Merrill's gobal financial analysts hold an analyst/industry conference call
Global Financial Institutions Analysts discuss their Global Financials Quarterly Best Ideas Report on an Analyst/Industry conference call. Relevant companies AIG, ALL, ASBC, BCH, BKU, BBT, BBD, C, CMA, EVER, FITB, FHN, FRC, FULT, HBAN, ING, KEY, MTB, PNC, RF, STI, SUSQ, SNV, HIG, USB, WFC, XL and ZION may be included on the Analyst/Industry conference call to be held on May 16 at 10 am.
May 15, 2013
17:36 EDTHIGPaulson gives quarterly update on stakes
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17:26 EDTAIGThird Point gives quarterly update on stakes
NEW STAKES: Virgin Media (VMED), Tiffany (TIF), B/E Aerospace (BEAV), Anadarko (APC), and Thermo Fisher (TMO). INCREASED STAKES: International Paper (IP), Abbvie (ABBV), TransDigm (TDG), Constellation Brands (STZ), and Dollar General (DG). DECREASED STAKES: Delphi (DLPH), Murphy Oil (MUR), AIG (AIG), LyondellBasell (LYB), and Liberty Global (LBTYA). LIQUIDATED STAKES: Tesoro (TSO), Morgan Stanley (MS), Symantec (SYMC), Herbalife (HLF), and Illumina (ILMN).
17:03 EDTAIGSoros gives quarterly update on stakes
NEW STAKES: MeadWestvaco (MWV), Brocade (BRCD), Red Hat (RHT), Liberty Global (LBTYK), and VMware (VMW). INCREASED STAKES: Google (GOOG), Liberty Global (LBTYA), EQT Corp (EQT), Charter (CHTR), and US Airways (LCC). DECREASED STAKES: Citigroup (C), AIG (AIG), Apple (AAPL), Invesco (IVZ), and Motorola Solutions (MSI). LIQUIDATED STAKES: JPMorgan (JPM), General Electric (GE), CF Industries (CF), Morgan Stanley (MS), and Capital One (COF).
13:13 EDTHIGHartford Financial price target raised to $35 from $28 at Argus
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May 13, 2013
10:09 EDTHIG, AIGOn The Fly: Analyst Upgrade Summary
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06:23 EDTAIGAIG upgraded to Overweight from Equal Weight at Barclays
Barclays upgraded AIG based on upside to its capital management story driven by buybacks and expanding ROE. Price target raised to $52 from $41.
06:23 EDTHIGHartford Financial upgraded to Overweight from Equal Weight at Barclays
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May 9, 2013
07:34 EDTTRVSimon Graduate School of Business to hold a conference
2013 Simon NYC Conference is being held in New York on May 9.
May 8, 2013
17:54 EDTTWGPTower Group sees 2013 EPS $2.40-$2.60, consensus $2.34
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17:53 EDTTWGPTower Group reports Q1 EPS 56c, consensus 54c
Reports Q1 revenue $438.09M, consensus $415.48M.
13:36 EDTAIGAIG price target raised to $50 from $45 at Argus
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10:27 EDTAIGHertz, Spark Networks among Tilson's new picks, Business Insider says
Hedge fund manager Whitney Tilson gave two new stock picks-- Hertz (HTZ) and Spark Networks (LOV)-- at the Value Investing Congress in Las Vegas this week and also gave an update on some of his other favorites, including AIG (AIG), Berkshire Hathaway (BRK.A) and Netflix (NFLX), reported Business Insider. Reference Link
10:00 EDTTRVOn The Fly: Analyst Initiation Summary
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06:29 EDTTRVTravelers initiated with an Outperform at Raymond James
Target $95.
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