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INERGY LP (NRGY) - Profit Tracks
Tuesday, January 18, 2011 - 9:01am | 600Since inception in 1988, the S&P 500 has outperformed the Zacks #5 Rank List - Stocks to Sell Now by 80% annually (+2% versus +10%). While the rest of Wall Street continued to tout stocks during the market declines of the last few years, Zacks told investors which stocks to sell or avoid....
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Assurant Increases Share Repurchase Program to $600M
Tuesday, January 18, 2011 - 8:10am | 47Assurant, Inc. (NYSE: AIZ) announces that the Company's board of directors has authorized the repurchase of up to $600 million of its common stock. This is in addition to approximately $206 million remaining as of Jan. 14, 2011 from existing share repurchase authorizations.
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INERGY LP (NRGY) - Profit Tracks
Tuesday, January 18, 2011 - 12:00am | 600Since inception in 1988, the S&P 500 has outperformed the Zacks #5 Rank List - Stocks to Sell Now by 80% annually (+2% versus +10%). While the rest of Wall Street continued to tout stocks during the market declines of the last few years, Zacks told investors which stocks to sell or avoid....
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Stock Market News for Jan 17, 2011 - Market News
Monday, January 17, 2011 - 10:31am | 1522On Friday, markets surged with both the Dow Jones and S&P recording new highs. The S&P ended with seven straight consecutive weeks of gains as banks leading the rally and JP Morgan returned encouraging earnings figures. Rising financial stocks also helped ease worries from a disappointing...
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Stock Market News for Jan 17, 2011 - Market News
Monday, January 17, 2011 - 9:15am | 1522On Friday, markets surged with both the Dow Jones and S&P recording new highs. The S&P ended with seven straight consecutive weeks of gains as banks leading the rally and JP Morgan returned encouraging earnings figures. Rising financial stocks also helped ease worries from a disappointing...
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Bruce Berkowitz Not Selling AIG (AIG)
Friday, January 14, 2011 - 2:14pm | 47Bruce Berkowtiz of Fairholme Capital said he is not selling his stake in AIG (NYSE: AIG) according to CNBC. Despite Berkowitz saying he isn't selling, shares continue to drop. At last check, shares were off $3.32 to $53.87, a loss of 5.8%.
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AIG Executes Announce Plan to Repay U.S. Government
Friday, January 14, 2011 - 12:26pm | 228American International Group Inc. (NYSE: AIG) announced today that it has executed its previously announced recapitalization plan with the U.S. Department of the Treasury (Treasury Department), the Federal Reserve Bank of New York (FRBNY), and the AIG Credit Facility Trust (the Trust), including...
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More Details On AIG IPO (AIG)
Friday, January 14, 2011 - 12:12pm | 179CNBC's Kate Kelly is providing more detail on the AIG (NYSE: AIG) IPO. Kelly is saying that the potential sale stake by the U.S. Treasury could be in the $20-$25 billion dollar range. The mandate to award being the lead underwriter for the IPO is expected to be announced sometime next week. It's...
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AIG Dropping Sharply (AIG)
Friday, January 14, 2011 - 11:21am | 78Shares of American International Group, Inc. (NYSE: AIG) are dropping sharply today, down more than 4% on heavy volume. Benzinga has heard that supposedly Bruce Berkowitz is moving out of the name, but nothing has been confirmed as on now. Berkowitz, through his fund, Fairholme Capital is the...
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Assurant Board Declares Quarterly Dividend of $.16/sh
Friday, January 14, 2011 - 10:20am | 48Assurant, Inc. (NYSE: AIZ) announces that its board of directors has declared a quarterly dividend of $.16 per share of common stock. The dividend will be payable on March 14, 2011 to stockholders of record as of the close of business on Feb. 28, 2011.
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Keefe Bruyette &Woods Downgrades Eastern Insurance Holdings To Market Perform
Friday, January 14, 2011 - 7:57am | 85Keefe Bruyette & Woods is lowering Eastern Insurance Holdings (NASDAQ: EIHI) rating to Market Perform based on current valuation. It is also lowering its 4Q10 and 2010 estimates to reflect lower investment income due to the recent sale of the run-off specialty reinsurance segment. While there...
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3 Stocks To Consider Selling in 2011 (UA, NKE, AIG, COH)
Friday, January 14, 2011 - 7:55am | 391Some stocks have performed beautifully during the last year, so well in fact, it may be high time to seize the profits and run. Consider Under Armour (NYSE: UA), a stock which has increased from $28.90 to $55.02 in one year, almost doubling in price. Under Armour also has an incredibly high P/E...
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AIG Divests, Aims for Recapitalization - Analyst Blog
Thursday, January 13, 2011 - 5:31pm | 925Yesterday American International Group Inc. (AIG) announced that not only has it finalized the deal to dispose of its Nan Shan Life Insurance Co. in Taiwan, the company also aims to complete the recapitalization by the end of this week, keeping track with the scheduled time-frame. AIG has...
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AIG Divests, Aims for Recapitalization - Analyst Blog
Thursday, January 13, 2011 - 5:19pm | 925Yesterday American International Group Inc. (AIG) announced that not only has it finalized the deal to dispose of its Nan Shan Life Insurance Co. in Taiwan, the company also aims to complete the recapitalization by the end of this week, keeping track with the scheduled time-frame. AIG has...
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Benzinga's Political Roundup (AIG, GM)
Thursday, January 13, 2011 - 12:06pm | 144U.S. taxpayers are not likely to recover all of the money put into the General Motors (NYSE: GM) bailout, according to a panel. The Federal Reserve released its Beige Book yesterday, and the book showed modest expansion in most of the country. Banks are meeting today in Washington to discuss AIG's...