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BGB Securities Comments On HCC Insurance (HCC)
Wednesday, May 4, 2011 - 12:39pm | 132BGB Securities provided color on HCC Insurance (NYSE: HCC) in a research report published today. BGB Securities has previously given HCC Insurance a Buy rating and $38 price target. In the report, BGB Securities states, "While holding back on becoming bullish regarding premium rate increases for...
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J.P. Morgan Maintains Neutral Rating On Genworth Financial (GNW)
Wednesday, May 4, 2011 - 6:59am | 78According to J.P. Morgan, although earnings for Genworth Financial (NYSE: GNW) were below J.P. Morgan's estimate, the overall business trends were better than expected leaving a neutral rating on GNW. In the report, J.P. Morgan said, "Our fundamental outlook remains negative, and we could get...
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Earnings Preview For American International Group (AIG, GS, BAC)
Wednesday, May 4, 2011 - 3:35am | 416American International Group (NYSE: AIG) is expected to announce its Q1 earnings results on Thursday, May 5. Analysts are predicting AIG will report a loss of $0.15 per share, a dramatic change of course after posting earnings of $1.75 a year ago. In the last seven days, analysts have downgraded...
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American Financial Group Reports EPS of $0.81 vs. $0.75 Estimate
Tuesday, May 3, 2011 - 4:04pm | 18American Financial Group (NYSE: AFG) Reports EPS of $0.81 vs. $0.75 Estimate
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Genworth Financial Reports EPS of $0.20 vs. $0.21 Estimate; Revenues $2.568B vs. $2.58B Estimate
Tuesday, May 3, 2011 - 3:12pm | 22Genworth Financial (NYSE: GNW) Reports EPS of $0.20 vs. $0.21 Estimate; Revenues $2.568B vs. $2.58B Estimate
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Sterne Agee Comments On Hartford Financial Services EPS
Tuesday, May 3, 2011 - 7:55am | 71According to Sterne Agee, Hartford Financial Services (NYSE: HIG) $1.16 of reported EPS should be viewed as $0.98 ex. items ($0.12 favorable DAC, $0.07 favorable PY development, and $0.01 expense item in Group Benefits) modestly ahead of our core $0.94 and consensus $0.95. Sterne Agee said that, “...
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Morgan Stanley Remains Equal-Weight On HIG
Tuesday, May 3, 2011 - 7:40am | 127Morgan Stanley, following the release of 1Q11 results is maintaining its Equal-weight rating on Hartford Financial Services (NYSE: HIG). In the report, Morgan Stanley writes, “While we believe Hartford continues to make solid progress in addressing prior challenges and delivering more stable...
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Wunderlich Comments On HCC Insurance Holdings Succession Plan
Tuesday, May 3, 2011 - 6:40am | 125According to Wunderlich Securities, HCC Insurance Holdings (NYSE: HCC) announced developments in the company's succession plan on April 27. Wunderlich Securities said that on or before May 31, 2011, Chairman Christopher Williams (55) will become president replacing Chief Executive Officer and...
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J.P. Morgan Reiterates Overweight On Hartford Financial Services (HIG)
Tuesday, May 3, 2011 - 6:39am | 118J.P. Morgan reiterated its Overweight rating on Hartford Financial Services (NYSE: HIG) in a research report published today. In the report, J.P. Morgan states, "Our near-term outlook for business fundamentals is mixed, but HIG's balance sheet risk has declined and results are starting to...
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Hartford Financial Reports EPS of $1.16 vs. $0.95 Estimate
Monday, May 2, 2011 - 3:22pm | 17Hartford Financial (NYSE: HIG) Reports EPS of $1.16 vs. $0.95 Estimate
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Earnings Preview: Hartford Financial Services (HIG)
Monday, May 2, 2011 - 1:27pm | 145Hartford Financial Services (NYSE: HIG) is set to report earnings tonight, and Wall Street will be looking to see whether the insurance company has anything to say about its operations being affected by the tornadoes in the Southeast, as well as Japan, if any. Wall Street will be looking for...
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News Summary
Monday, May 2, 2011 - 8:44am | 225Shares of Tenet Healthcare Corp (NYSE: THC) fell about 4.4% after Community Health Systems Inc (NYSE: CYH) raised its all-cash offer to acquire all outstanding shares of common stock of THC to $7.25 per share from $6 per share. Shares of Loews Corp (NYSE: L) dropped about 3.2% after the company...
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Earnings Roundup For May 2 (HUM, DISH, L, CRZBY, CNA, CPO, EIX, MCY, JKS, AWI)
Monday, May 2, 2011 - 8:31am | 730Humana Inc (NYSE: HUM) reported a 22% rise in its first-quarter profit. Humana reported its quarterly net income at $315.2 million, or $1.86 per share, up from $258.8 million, or $1.52 per share, in the year-ago period. The company's revenue came in at $9.2 billion. However, analysts were expecting...
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UPDATE: Loews Reports Downbeat Q1 Profit; Shares Drop In Pre-Market Trading
Monday, May 2, 2011 - 7:42am | 110Loews Corp (NYSE: L) reported a weaker-than-expected quarterly profit. The company reported its Q1 net income attributable to the company at $382 million, or $0.92 per share, down from $420 million, or $0.99 per share, in the year-earlier period. The company's earnings, excluding investment gains...
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CEOWORLD Top Stocks Picks to Watch 5/2/11- DANG, HDY, KOG, TIV, SSN, MCP, PZG, AIG, SIRI, DRYS, RIMM, AMZN, CSCO…
Monday, May 2, 2011 - 7:41am | 2012E-Commerce China Dangdang Inc. (DANG) - E Commerce China Dangdang Inc is the 1st fastest-growing stock in this segment of the market. Its long-term annual EPS growth is expected to be 70.3%. This number is based on the average estimate of 3 brokerage analysts. Hyperdynamics Corporation (HDY) -...