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J.P. Morgan Reiterates Overweight Rating On Hartford Financial Services
Thursday, August 4, 2011 - 7:07am | 74According to J.P. Morgan, Hartford Financial Services (NYSE: HIG) Overweight rating is reiterated. J.P. Morgan said that its fundamental outlook for HIG is mixed, but it feels that current valuation overly discounts challenges facing the company. “The resumption of buybacks, increased hedging on...
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Wunderlich Securities Reiterates Buy on HCC Insurance Holdings
Thursday, August 4, 2011 - 2:35am | 49Wunderlich Securities reiterated its Buy rating on HCC Insurance Holdings (NYSE: HCC). At the same time, the rating agency left its price target on the company's stock unchanged at $37. On Wednesday, HCC lost 1.94% of its value to finish the day at $28.77.
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Fast Money Picks For August 4th (EEM, HIG, TGT, VMW, AKS, NLY)
Wednesday, August 3, 2011 - 7:34pm | 289On CNBC's Fast Money, Tim Seymour suggested that investors should buy iShares MSCI Emerging Markets Index (ETF) (NYSE: EEM) for a short term bounce to $46. After that, another leg lower will follow. iShares MSCI Emerging Markets Index (ETF) (EEM) lost 0.35% today, and closed at $45.46. Guy Adami...
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BGB Securities Comments On HCC Insurance
Wednesday, August 3, 2011 - 2:12pm | 90BGB 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, "We believe the company remains an attractive investment for the long term,...
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KBW Lowers HCC FY12 EPS From $3.05 To $2.95 And PT To $35
Wednesday, August 3, 2011 - 7:39am | 38According to KBW, HCC Insurance Holdings (NYSE: HCC), FY12 EPS has been decreased from $3.05 to $2.95 and PT has been decreased to $35. Rating is reiterated as Outperform. HCC closed yesterday at $29.34.
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American International Group Earnings Preview: Revenue, Earnings Expected to Fall
Monday, August 1, 2011 - 2:01pm | 581American International Group (NYSE: AIG) releases its next round of earnings this Thursday, August 4, 2011. Here's Benzinga's advanced look at American International Group's second quarter earnings report. Earnings and Revenue: Analysts are predicting an EPS reading of $1.01/share and...
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Earnings Roundup
Monday, August 1, 2011 - 7:34am | 705Allstate Corp (NYSE: ALL) swung to a second quarter loss on Monday. Allstate reported a quarterly loss of $642 million, or $1.19 per share, versus a profit of $441 million, or $0.27 per share, in the year-earlier period. Its catastrophe losses surged to $2.34 billion, from $96.8 billion, in the...
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A Peek Into The Market Before The Trading Starts
Monday, August 1, 2011 - 6:25am | 369Pre-open movers US stock futures are higher this morning, after Republican and Democratic leaders in the Senate and House of Representatives reached an agreement to raise the nation's debt ceiling. Futures for the Dow Jones Industrial Average surged 177 points to 12,265.00 and S&P 500 index...
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UPDATE: Loews Reports Downbeat Q2 Profit
Monday, August 1, 2011 - 5:40am | 66Loews Corp (NYSE: L) reported a decline in its second quarter profit on Monday. Loews reported its quarterly profit at $252 million, or $0.62 per share, down from $366 million, or $0.87 per share, in the year-ago period. However, analysts were expecting earnings of $0.74 per share. Loews' total...
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US Stock Futures Up On Debt Agreement
Monday, August 1, 2011 - 4:06am | 303US stock futures are higher this morning, after Republican and Democratic leaders in the Senate and House of Representatives reached an agreement to raise the nation's debt ceiling. Futures for the Dow Jones Industrial Average surged 119 points to 12,207.00 and S&P 500 index futures rose 8.50...
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Stocks To Watch For August 1
Monday, August 1, 2011 - 1:58am | 185Some of the stocks that may grab investor focus today are: Wall Street expects Humana Inc (NYSE: HUM) to report its Q2 EPS at $2.06 on revenue of $9.32 billion. Humana shares dropped 0.01% to $74.57 in after-hours trading. Analysts expect Allstate Corporation (The) (NYSE: ALL) to report its Q2...
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Earnings Expectations for the Week of August 1
Sunday, July 31, 2011 - 9:02am | 1197Quarterly reports of note scheduled for this week include those from Archer Daniels Midland (NYSE: ADM), General Motors (NYSE: GM), MasterCard (NYSE: MA), Procter & Gamble (NYSE: PG) and Time Warner (NYSE: TWX), all of which are expected to post earnings growth, as well as Pfizer (NYSE: PFE)...
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Earnings Preview: Analysts Expect Hartford Financial Services' Earnings to Dip
Friday, July 29, 2011 - 12:13pm | 587Hartford Financial Services (NYSE: HIG) releases its next round of earnings this Wednesday, August 3, 2011. Get the latest predictions in Benzinga's essential guide to the company's second quarter earnings report. Earnings and Revenue: Analysts are predicting an EPS reading of one cent per...
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J.P. Morgan Revises EPS Estimates For Genworth
Friday, July 29, 2011 - 8:22am | 53According to J.P. Morgan, Genworth Financial (NYSE: GNW), EPS estimates have been revised. J.P. Morgan decreased EPS estimates of Genworth from $1.11 to $0.60 for FY11 and from $1.60 to $1.46 for FY12. PT was decreased from $12 to $10 and Neutral rating is maintained. Genworth closed yesterday at...
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Benzinga's Top Upgrades
Friday, July 29, 2011 - 6:09am | 122Analysts at Morgan Keegan upgraded Whiting Petroleum Corporation (NYSE: WLL) from “market perform” to “outperform.” WLL's shares closed at $55.76 yesterday. Whiting Petroleum's PEG ratio is 0.81. McAdams Wright Ragen upgraded PACCAR Inc (NASDAQ: PCAR) from “hold” to “buy.” PACCAR's shares closed...