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UPDATE: Jefferies Raises PT on eHealth to $13 (EHTH)
Wednesday, April 27, 2011 - 6:50am | 81Jefferies is out with its report today on eHealth (NASDAQ: EHTH), raising its PT from $12 to $13. In a note to clients, Jefferies writes, "We are tweaking our FY11 estimates to revenue and EPS of $152.9M and $0.38 from $146.9M and $0.31 previously, on better than expected results; and we are...
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Jefferies Raises PT On eHealth To $13
Wednesday, April 27, 2011 - 5:27am | 26Jefferies & Company has raised the price target on eHealth (NASDAQ: EHTH) from $12 to $13 and maintains its Hold rating.
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Arthur Gallagher Reports EPS of $0.25 vs. $0.24 Estimate; Revenues $446.9M vs. $437.54M Estimate
Tuesday, April 26, 2011 - 3:51pm | 22Arthur Gallagher (NYSE: AJG) Reports EPS of $0.25 vs. $0.24 Estimate; Revenues $446.9M vs. $437.54M Estimate
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Earnings Scheduled For April 18 (AMTD, TXN, KEY, C, LLY, GCI, HAL, MTB, BRO, AMLN, ZION, CR)
Sunday, April 17, 2011 - 11:51pm | 320TD Ameritrade Holding Corp (NASDAQ: AMTD) is expected to post its FQ2 earnings at $0.28 per share on revenue of $702.23 million. Texas Instruments Inc (NYSE: TXN) is projected to report its Q1 earnings at $0.58 per share on revenue of $3.40 billion. Keycorp (NYSE: KEY) is expected to report its...
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Willis Chief Says Insurance Industry is Rising to Meet the Energy Challenge
Friday, April 8, 2011 - 12:56pm | 133Joe Plumeri, Chairman and CEO of Willis Group (NYSE: WSH), the global insurance broker, told senior executives from the oil and gas industry that despite natural and man-made catastrophes in recent years, the insurance market supporting the energy industry has risen to the challenge, providing...
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Arthur J. Gallagher & Co. Acquires Blue Water Benefits, Inc.
Thursday, April 7, 2011 - 2:25pm | 36Arthur J. Gallagher & Co. (NYSE: AJG) today announced the acquisition of Blue Water Benefits, Inc. located in Mt. Pleasant, South Carolina. Terms of the transaction were not disclosed.
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Willis Group Holdings Public Limited Company Hits 52-Week High (WSH)
Thursday, April 7, 2011 - 10:32am | 38Willis Group Holdings Public Limited Company (NYSE: WSH) has hit a 52-week high in today's trading. At last check, the year-to-date performance of Willis Group has been a gain of 19.36%.
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Brown & Brown, Inc. Announces the Acquisition of Certain Assets of Compass Consulting Group (BRO)
Friday, April 1, 2011 - 3:01pm | 132J. Scott Penny, Regional President and Chief Acquisitions Officer of Brown & Brown, Inc. (NYSE: BRO) and President of Brown & Brown of Washington, Inc., and Kevin M. Werlinger and David J. Libao, principals of Compass Consulting Group, located in Seattle, Washington, today announced that...
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UBS Raises WSH Target From $39 To $42
Tuesday, March 29, 2011 - 8:49am | 31UBS is raising its PT on shares of Willis Group Holdings Limited (NYSE: WSH) from $39 to $42. Willis Group Holdings Limited currently trades at $39.32.
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UBS Raises MMC Target From $31 To $33
Tuesday, March 29, 2011 - 8:45am | 30UBS is raising its PT on shares of Marsh & McLennan Companies, Inc. (NYSE: MMC) from $31 to $33. Marsh & McLennan Companies currently trades at $29.79.
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Morning Market Losers (FUQI, VRTA, CISG, AMRS)
Monday, March 28, 2011 - 8:58am | 128Fuqi International Inc (NASDAQ: FUQI) fell 15.18% to $2.85 at 9:55 am. The completion of the audit of the FUQI's 2009 financial statement has been delayed due to the internal investigation into the cash transfer transactions. Vestin Realty Mortgage I, Inc (NASDAQ: VRTA) shares dropped 11.90% to $1...
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Benzinga's Top Pre-Market NASDAQ Losers (FUQI, CISG, SQQQ, ARMH)
Monday, March 28, 2011 - 7:19am | 143Fuqi International Inc (NASDAQ: FUQI) dipped 15.18% to $2.85 in the pre-market session. The completion of the audit of the FUQI's 2009 financial statement has been delayed due to the internal investigation into the cash transfer transactions. CNinsure Inc (NASDAQ: CISG) fell 9.16% to $12.30 in the...
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UPDATE: J.P. Morgan Downgrades CNinsure to Underweight (CISG)
Monday, March 28, 2011 - 6:27am | 120J.P. Morgan is out with its report today on CNinsure (NASDAQ: CISG), downgrading shares of CISG from Neutral to Underweight. In a note to clients, J.P. Morgan writes, "We cut our 2012E/2013E earnings forecast by 25%/32% on the loss of revenue from Datong and higher expenses, ahead of the analyst...
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JP Morgan Downgrades CNinsure To Neutral, PT To $12
Monday, March 28, 2011 - 5:46am | 28JP Morgan has downgraded CNinsure, Inc. (NASDAQ: CISG) from Neutral to Underweight and has lowered the price target from $20 to $12.
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CNinsure Sells Life Business Unit To Warburg Pincus; Cash Consideration $63.69M (CISG)
Friday, March 25, 2011 - 3:18pm | 24CNinsure Sells Life Business Unit To Warburg Pincus; Cash Consideration $63.69M (NASDAQ: CISG). Stock currently halted.