Multi-line Insurance

JP Morgan has lowered the price target on Genworth Financial (NYSE: GNW) from $12 to $10 and maintains its Neutral rating.

Sterne Agee upgraded its rating on Assurant (NYSE: AIZ) to Buy. At the same time, the rating agency raised its price target on the company's stock from $45 to $46. On Thursday, AIZ added 2.72% to its value to finish the day at $35.84.

Sterne Agee has upgraded Assurant (NYSE: AIZ) to Buy with a $46 price target.

The S&P 500 (SPX) took a major hit in Wednesday's trading session, finishing down 27.05 points, or 2.03%, from Tuesday's close to 1304.89. The selling began just after the opening bell, and the index extended its losses throughout the session, closing near the low of the day (1303.49), as...

Loews (NYSE: L) releases its next round of earnings this Monday, August 1, 2011. Here's Benzinga's advanced look at Loews' second quarter earnings report. Earnings and Revenue: Analysts are expecting an EPS of $.075/share this quarter, a 14% decline from the company's  year-ago quarter EPS of...

Allstate (NYSE: ALL) announces its next round of earnings this Monday, August 1, 2011. Get prepared with Benzinga's ultimate preview for Allstate's second quarter earnings. Earnings and Revenue: Analysts are bracing for a loss of $1.53 per share and revenues of $6.58 billion. Whether the...

Wunderlich 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 Tuesday, HCC lost 0.03% of its value to end the day at $31.22.

President Obama has never been shy in his distaste for people who are wealthy and have made their wealth, particularly on Wall Street. From blaming those who own "corporate jets" to "hedge fund managers," Obama has never been shy in his verbal jabs at the group. What's interesting is that despite...

American International Group (NYSE: AIG) plan to pay $450 million for resolving claims of cheating a workers' compensation program was given preliminary approval by a U.S. judge. Greece is hoping for a quick debt swap starting next month.

Cusick's Corner Stocks are up on earnings and Europe appears closer to a Greek bailout plan. This rally is broad-based; all sectors are in the green with Financials, XLF, and Energy, XLE, leading the pack. See you After Hours. Stocks are broadly higher with help from earnings and diminishing...

Fitch Ratings has placed the 'A-' Insurer Financial Strength (IFS) ratings of Genworth Life Insurance Company, Genworth Life and Annuity Insurance Company and Genworth Life Insurance Company of New York (collectively, the Genworth life companies) on Rating Watch Negative. The 'A-' long-term ratings...

Travelzoo (NASDAQ: TZOO) is down over 23% after reporting disappointing Q2 earnings. Seagate Tech (NASDAQ: STX) is down over 14% after reporting earnings Wednesday afternoon. Meridian Bioscience (NASDAQ: VIVO) is down over 12% after reporting earnings. Genworth Financial (NYSE: GNW) is down over...

Bank of America has published a report on Genworth Financial Inc. (NYSE: GNW) reviewing Q2 performance. In the report, Bank of America wrote, "After the market closed on July 20th, Genworth preannounced a 2Q operating loss of $0.14-$0.18 per share (vs. a profit of $0.24), widely missing both our...

Genworth Financial Inc (NYSE: GNW) dipped 9.93% to $8.53 in the pre-market session. GNW now projects a net operating loss of $70 million to $90 million for the second quarter. F5 Networks Inc (NASDAQ: FFIV) dropped 7.57% to $103.00 in the pre-market trading. FFIV posted upbeat third-quarter...

Genworth Financial, Inc. (NYSE: GNW) today announced preliminary results for the second quarter of 2011. The company expects to report an estimated net loss(1) of $92 to $112 million, or $0.19 to $0.23 per diluted share, reflecting a reserve strengthening of approximately $300 million in its U.S....